VERRIPA
ActiveVERRIPA has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.47M and a net result of €4k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 45% of 7931 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▲+14
Solvency65▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.46 in 2024; short-term debt: 22.6% and cash: 0.7% of total assets), and 60.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
39.5%
Return on assets
0.1%
Age of the figures
12 mo
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-01-2026, 94 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
94 d early
2024
135 d early
2023
139 d early
2022
68 d early
2021
108 d early
2020
8 d early
2019
140 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
Total assets
€3.71M▼ 2.9%
2024 · €3.82M
2018: €4.59M
2019: €4.17M
2020: €3.71M
2021: €3.60M
2022: €3.61M
2023: €4.01M
2024: €3.82M
2018 → 2025
Net result
€4k
2024 · €-92k
2018: €156k
2019: €132k
2020: €57k
2021: €134k
2022: €170k
2023: €136k
2024: €-92k
2018 → 2025
Working capital
€109k▼ 63.5%
2024 · €298k
2018: €-429k
2019: €-116k
2020: €-165k
2021: €-274k
2022: €-222k
2023: €370k
2024: €298k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.25M-€1.42M▲ 13.6%€1.55M▲ 9.6%€1.46M▼ 5.9%€1.47M▲ 0.3%
Operating result€226k-€281k▲ 24.3%€271k▼ 3.5%€27k▼ 89.9%€110k▲ 303%
Net result€134k-€170k▲ 26.8%€136k▼ 19.5%€-92k€4k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 303% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.71M
Fixed assets
€2.76M▼ 3.9%
Current assets
€948k▲ 0.3%
Equity and liabilities €3.71M
Equity
€1.47M▲ 0.3%
Debt
€2.24M▼ 4.8%
The debt ratio falls from 61.7% to 60.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€600k▲
2024 · €547k
Cash flow
€495k▲
2024 · €427k
Solvency
39.5%▲
2024 · 38.3%
Current ratio
1.13▼
2024 · 1.46
Quick ratio
0.73▼
2024 · 0.95
Debt / equity
1.53▼
2024 · 1.61
ROE
0.3%▲
2024 · -6.3%
ROA
0.1%▲
2024 · -2.4%
Interest coverage
5.38▲
2024 · 4.10
Debt
€2.24M▼
2024 · €2.36M
Debt ≤ 1 year
€839k▲
2024 · €647k
Debt > 1 year
€1.40M▼
2024 · €1.71M
Income taxes
€0▲
2024 · €-5k
Staff costs
€145k▼
2024 · €191k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.82M€3.71M▼
Fixed assets21/28€2.87M€2.76M▼
Intangible fixed assets21€10k€12k▲
Tangible fixed assets22/27€2.86M€2.75M▼
Land and buildings22€1.29M€1.22M▼
Plant, machinery and equipment23€428k€370k▼
Furniture and vehicles24€1.14M€1.16M▲
Leasing and similar rights25€0-
Financial fixed assets28€1k€1k=
Current assets29/58€946k€948k▲
Stocks and contracts in progress3€331k€337k▲
Stocks30/36€331k€337k▲
Amounts receivable within one year40/41€535k€441k▼
Trade receivables40€535k€411k▼
Other amounts receivable41€25€30k▲
Cash at bank and in hand54/58€24k€26k▲
Deferred charges and accrued income490/1€56k€144k▲
Equity and liabilities
Total equity and liabilities10/49€3.82M€3.71M▼
Equity10/15€1.46M€1.47M▲
Contributions10/11€1.05M€1.05M=
Reserves13€412k€417k▲
Distributable reserves133€412k€417k▲
Amounts payable17/49€2.36M€2.24M▼
Amounts payable after more than one year17€1.71M€1.40M▼
Financial debts170/4€1.71M€1.40M▼
Amounts payable within one year42/48€647k€839k▲
Current portion of amounts payable after more than one year42€278k€306k▲
Financial debts43€267k€460k▲
Credit institutions430/8€267k€460k▲
Trade debts44€43k€29k▼
Suppliers440/4€43k€29k▼
Advances received on contracts in progress46-€700
Taxes, remuneration and social security45€39k€34k▼
Taxes450/3€22k€17k▼
Remuneration and social security454/9€17k€17k▼
Other amounts payable47/48€21k€10k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€191k€145k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€519k€490k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€0▼
Other operating charges640/8€28k€36k▲
Gross operating margin9900€770k€781k▲
Operating profit (loss)9901€27k€110k▲
Financial income75/76B€9k€6k▼
Recurring financial income75€9k€6k▼
Financial charges65/66B€133k€112k▼
Recurring financial charges65€133k€112k▼
Profit (loss) for the period before taxes9903€-97k€4k▲
Income taxes67/77€-5k€0▲
Profit (loss) for the period9904€-92k€4k▲
Profit (loss) for the period to be appropriated9905€-92k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-92k€4k▲
Transfer from equity791/2€92k€0▼
Transfer to equity691/2€0€4k▲
To other reserves6921€0€4k▲
Social balance
Average headcount (FTE)90873.82.0▼
The notes to these accounts (25 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
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-09
Financial
Weakest financial yearnet €-92k ▼168%
Net result drops to €-92k, the lowest in the series; recovery starts the following year.
2023
13-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-09
Financial
Liquidity doublescurrent ratio 1.69
Current ratio from 0.76 to 1.69; short-term debt falls from €923k to €533k.
21-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €170k ▲26.8%
Operating result €281k, net result €170k, both a record.
12-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
12-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
30-09
Financial
Equity above €1MEq €1.06M ▲14.2%
2 profitable years in a row build equity to €1.06M.
2018
19-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
08-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Izegem · 3 establishment units since 2006
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.
Potaardestraat 18870 IzegemGround area
1.6 ha
Building footprint
2,972 m²
Volume, LiDAR
17,891 m³
3 parcels, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Verripa-Driessens
since 20062.157.641.373
Verripa-Driessens
since 20062.157.641.472
Verripa Driessens
since 20122.207.365.751
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494E0540/00C000 | Flanders | 1.2 ha | 1 · 2,339 m² | 7.0 m · 2 fl. |
| 36001C0091/00L000 | Flanders | 4,131 m² | 1 · 150 m² | 8.0 m · 1 fl. |
| 36502B1028/00D002 | Flanders | 484 m² | 1 · 484 m² | 12.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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 2025 · 5 entries · 3,226 EUR awarded · 3,226 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 390 EUR | 390 EUR |
| 2024 | 1 | 512 EUR | 512 EUR |
| 2023 | 1 | 233 EUR | 233 EUR |
| 2022 | 2 | 2,091 EUR | 2,091 EUR |
Schemes
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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V MOTORS
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BOCQUET
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Of 2,131 companies in sector 46711 we hold annual accounts for 1,126. 534 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-09-2006
Fiscal year end30-09
Activities, NACEBEL
46711Wholesale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50101
29201Manufacture of motor vehicles, trailers and semi-trailers
33170Repair, maintenance and installation of machinery and equipment
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46712Wholesale trade
47812Retail trade
45194
95313Repair and fitting of specific motor vehicle parts
45204
95319Other maintenance and repair of motor vehicles
45402
46713Wholesale trade
47830Retail sale of motorcycles and motorcycle parts and accessories
50103
68201Renting and operating of own or leased residential real estate, excluding social housing
71210
77120Rental and leasing activities
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.