VERPETCON
ActiveSummary
VERPETCON has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €431k and a net result of €4k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 4603 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+67
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 23.15 against 20.44 in 2024; short-term debt: 4.1% and cash: 59% of total assets), and 4.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.9%
Return on assets
0.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
14 d early
2023
12 d early
2022
on the day
2021
16 d early
2020
13 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€431k▲ 0.9%
2024 · €427k
2018: €248k
2019: €246k
2020: €251k
2021: €232k
2022: €564k
2023: €482k
2024: €427k
2018 → 2025
Total assets
€450k▲ 0.8%
2024 · €446k
2018: €356k
2019: €361k
2020: €349k
2021: €330k
2022: €598k
2023: €518k
2024: €446k
2018 → 2025
Net result
€4k
2024 · €-55k
2018: €24k
2019: €-3k
2020: €5k
2021: €4k
2022: €341k
2023: €-59k
2024: €-55k
2018 → 2025
Working capital
€407k▲ 12.3%
2024 · €362k
2018: €81k
2019: €112k
2020: €146k
2021: €162k
2022: €518k
2023: €394k
2024: €362k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€232k-€564k▲ 144%€482k▼ 14.6%€427k▼ 11.4%€431k▲ 0.9%
Operating result€19k-€478k▲ 2,394%€-62k€-56k▲ 9.7%€-2k▲ 97.2%
Net result€4k-€341k▲ 8,076%€-59k€-55k▲ 6.2%€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €56k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €450k
Fixed assets
€25k ▼ 62.5%
Current assets
€425k ▲ 11.7%
Equity and liabilities €450k
Equity
€431k ▲ 0.9%
Debt
€18k ▼ 1.6%
Debt's share of the balance-sheet total falls from 4.2% to 4.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10k▲
2024 · €-35k
Cash flow
€15k▲
2024 · €-34k
Current ratio
23.15▲
2024 · 20.44
Debt to equity
0.04▼
2024 · 0.04
ROE
0.9%▲
2024 · -12.8%
ROA
0.8%▲
2024 · -12.3%
Interest coverage
38.64▲
2024 · -17.28
Debt ≤ 1 year
€18k▼
2024 · €19k
Income taxes
€268▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€446k€450k▲
Fixed assets21/28€65k€25k▼
Tangible fixed assets22/27€60k€19k▼
Plant, machinery and equipment23€15k€11k▼
Furniture and vehicles24€46k€8k▼
Other tangible fixed assets26€0-
Financial fixed assets28€5k€5k=
Current assets29/58€381k€425k▲
Amounts receivable within one year40/41€110k€159k▲
Trade receivables40€20k€25k▲
Other amounts receivable41€90k€134k▲
Cash at bank and in hand54/58€270k€265k▼
Deferred charges and accrued income490/1€915€1k▲
Equity and liabilities
Total equity and liabilities10/49€446k€450k▲
Equity10/15€427k€431k▲
Contributions10/11€13k€13k=
Reserves13€339k€399k▲
Distributable reserves133€339k€399k▲
Profit (loss) carried forward14€75k€19k▼
Amounts payable17/49€19k€18k▼
Amounts payable within one year42/48€19k€18k▼
Trade debts44€12k€5k▼
Suppliers440/4€12k€5k▼
Taxes, remuneration and social security45€7k€14k▲
Taxes450/3€7k€14k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€37€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€11k▼
Other operating charges640/8€10k€5k▼
Non-recurring operating charges66A€7k€13k▲
Gross operating margin9900€-18k€27k▲
Operating profit (loss)9901€-56k€-2k▲
Financial income75/76B€6k€6k▲
Recurring financial income75€6k€6k▲
Financial charges65/66B€2k€249▼
Recurring financial charges65€2k€249▼
Profit (loss) for the period before taxes9903€-53k€4k▲
Income taxes67/77€2k€268▼
Profit (loss) for the period9904€-55k€4k▲
Profit (loss) for the period to be appropriated9905€-55k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€75k€79k▲
Profit (loss) brought forward from the previous period14P€130k€75k▼
Transfer from equity791/2€0-
Transfer to equity691/2-€60k
To other reserves6921-€60k
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-59k ▼117%
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €341k ▲8076%
Operating result €478k, net result €341k, both a record.
31-12
Financial
Liquidity times 6current ratio 16.27
Current ratio from 2.66 to 16.27; short-term debt falls from €98k to €34k.
31-12
Financial
Equity above €500kEq €564k ▲144%
3 profitable years in a row build equity to €564k.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
Show earlier events
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Blankenberge · 1 establishment unit since 1993
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hugo Verriestlaan 388370 BlankenbergeGround area
849 m²
Building footprint
265 m²
Volume, LiDAR
1,063 m³
Parcel 31034A0180/00C000, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DESOETE
since 19932.060.487.460
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31034A0180/00C000 | Flanders | 849 m² | 1 · 265 m² | 7.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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NATURAL FOODS LOGISTICS
BE 0636.771.049
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TRANSPORT DESMET - NAERT
BE 0440.535.891
Roeselare · Eq €431,031
V.D.B. - TRANS
BE 0455.523.480
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ALP TRANSPORT
BE 0475.947.722
Brussel · Eq €431,502
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 5,424 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-11-1992
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.