Financials
- Financial year
- 2025
- Total assets
- €6.7m
- Loss
- -€28,557
- Solvency
- 31.0%
Total assets▼ 4.1%
Net result
20182025
VERPOLA
ActiveSummary
VERPOLA has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of -€28,557. Equity is growing by about 7.4% per year across the filed financial years. Its solvency ranks better than 46% of 255 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Materials recovery from waste
NACE 38210
1 site
Size
€6.7mtotal assets 2025
- Staff
- 8.3 FTE
- Equity
- €2.1m
- Loss
- -€28,557
Turnover not published (abbreviated format)
Structure
- Largest shareholder
- planC · 10%
- Holdings
- 1
- Samuel ErnalsteenDirector
- JELILODirector
- JL MANAGEMENTManaging director
2025 accounts 3 days early3 of 10 deeds summarised
Why 70raises riskLiquidity: current ratio 1.63, cash €306,923, halvedLoss of €28,557 (financial year 2025)1 of the last 3 latelowers riskFounded in 1990Show the evidence
Checked score
Score 2025
70
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 42% of its sector peers (NACE 38, micro)
Financial strength · tick = 2024
Average
Solvency
56+1
equity 31.0% of total assets
Liquidity
56-5
short-term debt 9.9% · cash 4.6%
Profitability
32-44
return on assets -0.4%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%
12-2024: 1.5%▲ +0.3 percentage points vs 11-2024
01-2025: 2.6%▲ +1.1 percentage points vs 12-2024
02-2025: 2.6%● unchanged vs 01-2025
03-2025: 2.6%● unchanged vs 02-2025highest value
04-2025: 2.3%▼ -0.3 percentage points vs 03-2025
05-2025: 1.2%▼ -1.1 percentage points vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.5%▲ +0.3 percentage points vs 06-2025
08-2025: 0.1%▼ -1.4 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.6%▲ +0.4 percentage points vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.63, compared with 2.08 in 2024, above the usual 1.5; short-term debt: 9.9% and cash: 4.6% of total assets), but 69% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 38, micro): better than 46% on solvency, 64% on liquidity, 25% on profitability and 33% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
29 days early
2023
251 days late
2022
30 days late
2021
31 days late
2020
34 days late
2019
26 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 49 days after the deadline; the sector median (NACE 38) for financial year 2024 is 8 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 filed years within 59 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€28,557
- Resignation: Sam Ernalsteen (director)Permanent representatives: BAKKER Jacob Willem…
Key points
By topic
Board & ownership
- Board
- 3 members
- Largest shareholder
- planC · 10%
- Samuel ErnalsteenDirector
- JELILODirector
- JL MANAGEMENTManaging director
Network & group
- Subsidiaries
- 1
1 subsidiary
Timeline
- Events
- 41
- Since
- 1992
- Next accounts
- by 31-07-2027
- 02-07-2025Annual accounts filed
- 08-04-2025Annual accounts filed
- 02-01-2025Resignation: PlanC BV (director)
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Materials recovery from wasteNACE 38210
- Founded
- 21-12-1990
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about VERPOLA
- What is the company number of VERPOLA?
- 0442.032.265. In Belgium the VAT number is the company number with BE in front: BE 0442.032.265.
- Where is VERPOLA based?
- The registered office is at Pathoekeweg 19-21, 8000 Brugge.Company details
- What does VERPOLA do?
- According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
- What is the legal form of VERPOLA?
- Private limited company (BV).
- When was VERPOLA founded?
- On 21-12-1990.
- Is VERPOLA still active?
- Yes, VERPOLA is an active enterprise in the KBO register.
- How many employees does VERPOLA have?
- On average 8.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of VERPOLA?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is VERPOLA profitable?
- In financial year 2025, VERPOLA made a loss of €28,557.
- Where can I find the annual accounts of VERPOLA?
- VERPOLA filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VERPOLA due?
- By 31-07-2027, for financial year 2026.Timeline
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