VERREZEN
ActiveVERREZEN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €189k and a net result of €596k. Equity is shrinking by ~25.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 27% of 1422 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
29 d late
2023
34 d early
2022
31 d late
2021
34 d early
2020
13 d late
2019
49 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€189k▼ 25.4%
2023 · €253k
2018: €984k
2019: €575k
2020: €275k
2021: €320k
2022: €364k
2023: €253k
2018 → 2024
Net result
€596k▼ 13.5%
2023 · €689k
2018: €835k
2019: €925k
2020: €1.11M
2021: €795k
2022: €711k
2023: €689k
2018 → 2024
Total assets
€1.06M▼ 13.0%
2023 · €1.21M
2018: €1.89M
2019: €2.24M
2020: €1.68M
2021: €1.38M
2022: €1.21M
2023: €1.21M
2018 → 2024
Solvency
17.9%▼ 3.0pp
2023 · 20.9%
2018: 52.1%
2019: 25.7%
2020: 16.4%
2021: 23.2%
2022: 30.1%
2023: 20.9%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€275k-€320k▲ 16.4%€364k▲ 13.6%€253k▼ 30.5%€189k▼ 25.4%
Operating result€1.15M-€812k▼ 29.4%€734k▼ 9.6%€709k▼ 3.4%€611k▼ 13.8%
Net result€1.11M-€795k▼ 28.6%€711k▼ 10.6%€689k▼ 3.1%€596k▼ 13.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 14% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.06M
Fixed assets
€388k▼ 6.8%
Current assets
€668k▼ 16.2%
Equity and liabilities €1.06M
Equity
€189k▼ 25.4%
Debt
€867k▼ 9.7%
The debt ratio rises from 79.1% to 82.1%. Equity and debt are lower.
Key figures and ratios
Solvency
17.9%▼
2023 · 20.9%
ROE
315.6%▲
2023 · 272.3%
ROA
56.4%▼
2023 · 56.8%
Debt
€867k▼
2023 · €960k
Debt ≤ 1 year
€819k▼
2023 · €920k
Debt > 1 year
€48k▲
2023 · €40k
Income taxes
€31k▲
2023 · €19k
Staff costs
€400k▲
2023 · €298k
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€1.21M€1.06M▼
Fixed assets21/28€417k€388k▼
Tangible fixed assets22/27€417k€388k▼
Plant, machinery and equipment23-€836
Furniture and vehicles24€217k€217k=
Other tangible fixed assets26€199k€170k▼
Current assets29/58€797k€668k▼
Amounts receivable within one year40/41€6k€1k▼
Trade receivables40€0-
Other amounts receivable41€6k€1k▼
Current investments50/53€450k€300k▼
Cash at bank and in hand54/58€326k€332k▲
Deferred charges and accrued income490/1€15k€34k▲
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.06M▼
Equity10/15€253k€189k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€126k€6k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€120k€0▼
Profit (loss) carried forward14€65k€121k▲
Amounts payable17/49€960k€867k▼
Amounts payable after more than one year17€40k€48k▲
Financial debts170/4€40k€48k▲
Amounts payable within one year42/48€920k€819k▼
Current portion of amounts payable after more than one year42€24k€37k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€41k€37k▼
Suppliers440/4€41k€37k▼
Taxes, remuneration and social security45€20k€50k▲
Taxes450/3-€6k
Remuneration and social security454/9€20k€44k▲
Other amounts payable47/48€835k€695k▼
Accrued charges and deferred income492/3€38€0▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€298k€400k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€93k€114k▲
Other operating charges640/8€8k€10k▲
Gross operating margin9900€1.11M€1.13M▲
Operating profit (loss)9901€709k€611k▼
Financial income75/76B€0€19k▲
Recurring financial income75€0€19k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€708k€627k▼
Income taxes67/77€19k€31k▲
Profit (loss) for the period9904€689k€596k▼
Profit (loss) for the period to be appropriated9905€689k€596k▼
Appropriation of the result
Profit (loss) to be appropriated9906€745k€661k▼
Profit (loss) brought forward from the previous period14P€56k€65k▲
Transfer from equity791/2€120k€120k=
Profit to be distributed694/7€800k€660k▼
Return on contributions (dividend)694€120k€120k=
Directors or managers695€680k€540k▼
Social balance
Average headcount (FTE)90874.45.8▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €596k ▼13.5%
Net result drops to €596k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 13 days late
2020
31-12
Financial
Highest result since 2018net €1.11M ▲20.4%
Operating result €1.15M, net result €1.11M, both a record.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 49 days late
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2016
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
08-07-2016
Resigned as Director
Location & real-estate footprint
Registered office, Herentals · 1 establishment unit since 1990
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.
Hofkwartier(HRT) 282200 HerentalsGround area
279 m²
Building footprint
312 m²
Volume, LiDAR
1,736 m³
Parcel 13302G0246/00T000, Flanders · tallest building 15.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VERREZEN NV
since 19902.048.226.660
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302G0246/00T000 | Flanders | 279 m² | 1 · 312 m² | 15.2 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 710 EUR awarded · 711 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 279 EUR |
| 2023 | 1 | 334 EUR | 56 EUR |
| 2022 | 1 | 376 EUR | 376 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
984500F3D473B1AJE791
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Of 1,681 companies in sector 66191 we hold annual accounts for 1,230. 1,116 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-04-1990
Fiscal year end31-12
Activities, NACEBEL
66191Agents and brokers in banking services
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.