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VERROPA

Active
Private limited companyfounded 200422 yrs activeMolendreef 57, 9111 Sint-Niklaas, BelgiumKBO/BCE: BE 0862.643.071
Summary

VERROPA has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €268,039 and a net result of €17,222. Equity remains stable across the filed fiscal years (±0.9% per year). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability76▲+2
Solvency100=
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.54 in 2023; short-term debt: 4.3% and cash: 3.6% of total assets), and 14% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €268,039
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-06-2025, 55 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
55 d early
2023
51 d early
2022
23 d late
2021
12 d early
2020
7 d early
2019
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VERROPA was incorporated on 13 January 2004.1 Total assets fell from EUR 347,241 in 2018 to EUR 311,627 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€268,039▲ 6.9%
2023 · €250,817
Total assets
€311,627▲ 7.1%
2023 · €291,099
Net result
€17,222▲ 52.3%
2023 · €11,305
Working capital
€10,068▲ 25.6%
2023 · €8,017
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€12,848▼ 46.0%€25,201▲ 96.2%€21,588▼ 14.3%€22,162▲ 2.7%€29,240▲ 31.9%
Net result€5,639▼ 59.2%€15,338▲ 172%€10,731▼ 30.0%€11,305▲ 5.3%€17,222▲ 52.3%
Equity€283,780▲ 2.0%€273,405▼ 3.7%€239,512▼ 12.4%€250,817▲ 4.7%€268,039▲ 6.9%
Total assets€389,639▼ 6.2%€362,646▼ 6.9%€324,699▼ 10.5%€291,099▼ 10.3%€311,627▲ 7.1%
Debt€80,467▼ 28.2%€63,849▼ 20.7%€59,795▼ 6.3%€14,891▼ 75.1%€43,588▲ 193%
Working capital€27,478▼ 2.1%€14,576▼ 47.0%-€17,190€8,017€10,068▲ 25.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2020: €12,848€12,848Net result 2020: €5,639€5,639Operating result 2021: €25,201€25,201Net result 2021: €15,338€15,338Operating result 2022: €21,588€21,588Net result 2022: €10,731€10,731Operating result 2023: €22,162€22,162Net result 2023: €11,305€11,305Operating result 2024: €29,240€29,240Net result 2024: €17,222€17,22220202021202220232024€0€10,000€20,000€30,000Operating result 2022: €21,588€21,600Net result 2022: €10,731€10,700Operating result 2023: €22,162€22,200Net result 2023: €11,305€11,300Operating result 2024: €29,240€29,200Net result 2024: €17,222€17,200202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 32% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €311,627
Fixed assets €288,067 ▲ 7.4%
Current assets €23,560 ▲ 2.8%
Equity and liabilities €311,627
Equity €268,039 ▲ 6.9%
Provisions €0 ▼ 100%
Debt €43,588 ▲ 193%
Debt's share of the balance-sheet total rises from 5.1% to 14.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€50,635▲
2023 · €47,469
Cash flow
€38,617▲
2023 · €36,612
Current ratio
1.75▲
2023 · 1.54
Debt to equity
0.16▲
2023 · 0.06
ROE
6.4%▲
2023 · 4.5%
ROA
5.5%▲
2023 · 3.9%
Interest coverage
38.84▼
2023 · 67.78
Debt ≤ 1 year
€13,492▼
2023 · €14,891
Debt > 1 year
€30,096
Income taxes
€10,715▲
2023 · €10,157
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet Code20232024
Assets
Total assets20/58€291,099€311,627▲
Fixed assets21/28€268,191€288,067▲
Tangible fixed assets22/27€188,191€208,067▲
Land and buildings22€178,151€169,584▼
Plant, machinery and equipment23-€1,238
Furniture and vehicles24€10,040€37,245▲
Financial fixed assets28€80,000€80,000=
Current assets29/58€22,908€23,560▲
Cash at bank and in hand54/58€17,615€11,261▼
Deferred charges and accrued income490/1€5,294€12,299▲
Equity and liabilities
Total equity and liabilities10/49€291,099€311,627▲
Equity10/15€250,817€268,039▲
Contributions10/11€6,200€6,200=
Reserves13€112,592€112,592=
Distributable reserves133€112,592€112,592=
Profit (loss) carried forward14€132,025€149,247▲
Provisions and deferred taxes16€25,392-
Provisions for liabilities and charges160/5€25,392-
Pensions and similar obligations160€25,392-
Amounts payable17/49€14,891€43,588▲
Amounts payable after more than one year17-€30,096
Financial debts170/4-€30,096
Amounts payable within one year42/48€14,891€13,492▼
Current portion of amounts payable after more than one year42€11,404€7,476▼
Trade debts44€1,120€683▼
Suppliers440/4€1,120€683▼
Taxes, remuneration and social security45€157€2,017▲
Taxes450/3€157€2,017▲
Other amounts payable47/48€2,210€3,316▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,307€21,395▼
Provisions for liabilities and charges: additions (uses and reversals)635/8--€25,392
Other operating charges640/8€3,272€3,687▲
Gross operating margin9900€50,741€28,930▼
Operating profit (loss)9901€22,162€29,240▲
Financial charges65/66B€700€1,304▲
Recurring financial charges65€700€1,304▲
Profit (loss) for the period before taxes9903€21,461€27,937▲
Income taxes67/77€10,157€10,715▲
Profit (loss) for the period9904€11,305€17,222▲
Profit (loss) for the period to be appropriated9905€11,305€17,222▲
Appropriation of the result
Profit (loss) to be appropriated9906€143,329€149,247▲
Profit (loss) brought forward from the previous period14P€132,025€132,025=
Transfer to equity691/2€11,305-
To other reserves6921€11,305-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,719€24,224€24,966€25,307€21,395▼ 15.5%
Provisions for liabilities and charges: additions (uses and reversals)635/8-----€25,392-
Other operating charges640/8-€2,740€2,791€3,272€3,687▲ 12.7%
Gross operating margin9900€38,394€52,166€49,344€50,741€28,930▼ 43.0%
Operating profit (loss)9901€12,848€25,201€21,588€22,162€29,240▲ 31.9%
Recurring financial income75€30-----
Financial charges65/66B-€1,181€798€700€1,304▲ 86.1%
Recurring financial charges65€2,154€1,181€798€700€1,304▲ 86.1%
Profit (loss) for the period before taxes9903€10,724€24,020€20,790€21,461€27,937▲ 30.2%
Income taxes67/77€5,084€8,682€10,058€10,157€10,715▲ 5.5%
Profit (loss) for the period9904€5,639€15,338€10,731€11,305€17,222▲ 52.3%
Profit (loss) for the period to be appropriated9905€5,639€15,338€10,731€11,305€17,222▲ 52.3%
Line20202021202220232024Change
Assets
Total assets20/58€389,639€362,646€324,699€291,099€311,627▲ 7.1%
Fixed assets21/28€326,856€312,588€293,498€268,191€288,067▲ 7.4%
Tangible fixed assets22/27€246,856€232,588€213,498€188,191€208,067▲ 10.6%
Land and buildings22-€189,069€186,719€178,151€169,584▼ 4.8%
Plant, machinery and equipment23----€1,238-
Furniture and vehicles24-€43,520€26,780€10,040€37,245▲ 271%
Financial fixed assets28€80,000€80,000€80,000€80,000€80,000=
Current assets29/58€62,783€50,057€31,201€22,908€23,560▲ 2.8%
Amounts receivable within one year40/41€4,916€4,916----
Other amounts receivable41-€4,916----
Cash at bank and in hand54/58€45,499€28,835€29,789€17,615€11,261▼ 36.1%
Deferred charges and accrued income490/1-€16,307€1,412€5,294€12,299▲ 132%
Equity and liabilities
Total equity and liabilities10/49€389,639€362,646€324,699€291,099€311,627▲ 7.1%
Equity10/15€283,780€273,405€239,512€250,817€268,039▲ 6.9%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€145,555€135,180€101,287€112,592€112,592=
Non-distributable reserves130/1-€1,860€1,860---
Reserves not available under the articles1311-€1,860€1,860---
Distributable reserves133-€133,319€99,427€112,592€112,592=
Profit (loss) carried forward14€132,025€132,025€132,025€132,025€149,247▲ 13.0%
Provisions and deferred taxes16€25,392€25,392€25,392€25,392--
Provisions for liabilities and charges160/5-€25,392€25,392€25,392--
Pensions and similar obligations160-€25,392€25,392€25,392--
Amounts payable17/49€80,467€63,849€59,795€14,891€43,588▲ 193%
Amounts payable after more than one year17€45,162€28,368€11,404-€30,096-
Financial debts170/4-€28,368€11,404-€30,096-
Amounts payable within one year42/48€35,305€35,481€48,391€14,891€13,492▼ 9.4%
Current portion of amounts payable after more than one year42-€16,794€16,964€11,404€7,476▼ 34.4%
Trade debts44€2,416€7,189€4,317€1,120€683▼ 39.1%
Suppliers440/4-€7,189€4,317€1,120€683▼ 39.1%
Taxes, remuneration and social security45-€7,112€2,290€157€2,017▲ 1,188%
Taxes450/3-€5,630€2,290€157€2,017▲ 1,188%
Remuneration and social security454/9-€1,482----
Other amounts payable47/48-€4,385€24,821€2,210€3,316▲ 50.1%
Line20202021202220232024Change
Profit (loss) for the period9904€5,639€15,338€10,731€11,305€17,222▲ 52.3%
+ Depreciation and write-downs630€23,719€24,224€24,966€25,307€21,395▼ 15.5%
Operating cash flow (approximation)€29,358€39,563€35,697€36,612€38,617▲ 5.5%
Investment in fixed assets (approximation)--€9,957-€5,876€0-€41,270-
Change in cash--€16,664€955-€12,175-€6,353▲ 47.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
06-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity doublescurrent ratio 1.54
Current ratio from 0.64 to 1.54; short-term debt falls from €48,391 to €14,891.
23-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
19-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
24-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €5,639 ▼59.2%
Net result drops to €5,639, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
23-06
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.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Sint-Niklaas
exact location from the address register On OpenStreetMap
Ground area
637 m²
Building footprint
129 m²
Volume, LiDAR
945 m³
Parcel 46002C0381/00L000, Flanders · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46002C0381/00L000 Flanders 637 m² 1 · 129 m² 12.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded13-01-2004
Fiscal year end31-12

Scores and ratios are computed by Checked and are not a credit decision.