VERRASTRO
ActiveThe file of VERRASTRO contains 3 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 7.7% (elevated). The 2024 annual accounts show negative equity (€-146k) and a net result of €22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 705 sector peers (fiscal year 2024).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency45▼-3
Growth58=
Stability60
Bankruptcy probability, 12 months
7.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.04 against 1.15 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-43.9%
Return on assets
6.7%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 705 sector peers (2024).
NBB · sector comparisonPosition among 705 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
133 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€0
EBIT margin
Not included in this filing
Net result
€22k▼ 87.5%
2023 · €178k
2018: €-144k
2019: €-161k
2020: €-110k
2021: €-69k
2022: €-66k
2023: €178k
2018 → 2024
Working capital
€10k▼ 79.1%
2023 · €48k
2018: €124k
2019: €-16k
2020: €-39k
2021: €-148k
2022: €-218k
2023: €48k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€0-
Equity€-204k-€-275k▼ 34.7%€-341k▼ 24.2%€-166k▲ 51.2%€-146k▲ 12.5%
Operating result€-77k-€-65k▲ 16.5%€-56k▲ 13.0%€19k€24k▲ 25.1%
Net result€-110k-€-69k▲ 37.1%€-66k▲ 4.3%€178k€22k▼ 87.5%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 25% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €332k
Fixed assets
€37k▼ 4.7%
Current assets
€294k▼ 20.6%
Key figures and ratios
EBITDA
€34k▲
2023 · €28k
Cash flow
€32k▼
2023 · €186k
Solvency
-43.9%▼
2023 · -40.6%
Current ratio
1.04▼
2023 · 1.15
Quick ratio
1.01▼
2023 · 1.12
Debt / equity
-3.21▲
2023 · -3.40
ROE
-15.2%▲
2023 · -106.7%
ROA
6.7%▼
2023 · 43.3%
Interest coverage
2.66▲
2023 · 2.08
Debt
€467k▼
2023 · €566k
Debt ≤ 1 year
€284k▼
2023 · €322k
Debt > 1 year
€183k▼
2023 · €243k
Income taxes
€-1k▼
2023 · €2k
Staff costs
€58k▲
2023 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€410k€332k▼
Fixed assets21/28€39k€37k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€39k€37k▼
Land and buildings22€3k€2k▼
Plant, machinery and equipment23€32k€30k▼
Furniture and vehicles24€2k€4k▲
Other tangible fixed assets26€1k€546▼
Financial fixed assets28€468€468=
Current assets29/58€371k€294k▼
Stocks and contracts in progress3€9k€7k▼
Stocks30/36€9k€7k▼
Amounts receivable within one year40/41€348k€241k▼
Trade receivables40€320k€218k▼
Other amounts receivable41€28k€23k▼
Cash at bank and in hand54/58€13k€42k▲
Deferred charges and accrued income490/1€849€4k▲
Equity and liabilities
Total equity and liabilities10/49€410k€332k▼
Equity10/15€-166k€-146k▲
Contributions10/11€19k€19k=
Reserves13€120k€120k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€118k€118k=
Profit (loss) carried forward14€-315k€-293k▲
Investment grants15€9k€8k▼
Provisions and deferred taxes16€10k€10k=
Provisions for liabilities and charges160/5€10k€10k=
Environmental obligations163€10k€10k=
Amounts payable17/49€566k€467k▼
Amounts payable after more than one year17€243k€183k▼
Financial debts170/4€92k€67k▼
Trade debts175€151k€117k▼
Amounts payable within one year42/48€322k€284k▼
Current portion of amounts payable after more than one year42€29k€26k▼
Financial debts43€50k€50k▲
Credit institutions430/8€50k€50k▲
Trade debts44€111k€86k▼
Suppliers440/4€111k€86k▼
Advances received on contracts in progress46€21k€64k▲
Taxes, remuneration and social security45€91k€44k▼
Taxes450/3€3k€4k▲
Remuneration and social security454/9€88k€40k▼
Other amounts payable47/48€20k€15k▼
Accrued charges and deferred income492/3€777€165▼
Income statement
Code20232024
Remuneration, social security and pensions62€39k€58k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10k€121k▲
Other operating charges640/8€6k€14k▲
Non-recurring operating charges66A€2k€561▼
Gross operating margin9900€85k€227k▲
Operating profit (loss)9901€19k€24k▲
Financial income75/76B€174k€10k▼
Recurring financial income75€3k€10k▲
Non-recurring financial income76B€171k€0▼
Financial charges65/66B€13k€13k▼
Recurring financial charges65€13k€13k▼
Profit (loss) for the period before taxes9903€180k€21k▼
Income taxes67/77€2k€-1k▼
Profit (loss) for the period9904€178k€22k▼
Profit (loss) for the period to be appropriated9905€178k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-315k€-293k▲
Profit (loss) brought forward from the previous period14P€-493k€-315k▲
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
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €178k
Net result €178k after 5 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
25-01
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise du Hainaut · 20210062 · event 20-01-2023
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
30-03
Judicial reorganisation
Extension
Tribunal de l’entreprise du Hainaut · collectif · event 24-03-2022
2021
30-09
Judicial reorganisation
Opening
Tribunal de l’entreprise du Hainaut · collectif · event 24-09-2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
11-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 133 days late
2019
31-12
Financial
Weakest financial yearnet €-161k
Net result drops to €-161k, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 70 days late
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 62 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Châtelet · 1 establishment unit since 2000
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.
Rue de Farciennes 926200 ChâteletGround area
249 m²
Building footprint
47 m²
Volume, LiDAR
324 m³
Parcel 52013A0017/00G076, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Farciennes 92, 6200 Châtelet
since 20002.131.415.939
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52013A0017/00G076 | Wallonia | 249 m² | 1 · 47 m² | 8.5 m · 2 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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BE 0658.938.618
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BE 0846.969.653
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MEDIA-BUILDING
BE 0828.138.290
Antwerpen · Eq €68k
Schreinerei ARENS
BE 0808.522.417
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SOTRADEL - Menuiserie - Ebénisterie
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Of 1,594 companies in sector 16230 we hold annual accounts for 777. 585 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-09-2000
Fiscal year end31-12
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
20300
43320Joinery installation
45421
43410Roofing work
45220
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.