Skip to content

Vers Markt Mortsel

Active
Private limited companyfounded 2024active for 2 yearsStatielei 13, 2640 Mortsel, BelgiumKBO/BCE: BE 1007.258.985
Summary

The computed 12-month bankruptcy probability of Vers Markt Mortsel is 5.5% (elevated). The 2024 annual accounts show equity of €19,677 and a net result of €14,677. Its solvency ranks better than 37% of 25,597 sector peers (NACE 47, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2024 annual accounts filed late (299 days) Filed on 26 May 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00121474.

Equity
€19,677
Total assets
€111,652
Net result
€14,677
Working capital
€9,346

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €111,652
Fixed assets €10,332
Current assets €101,321
Equity and liabilities €111,652
Equity €19,677
Debt €91,975
Debt finances 82.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€22,504
Cash flow
€16,247
Current ratio
1.10
Quick ratio
0.89
Debt to equity
4.67
ROE
74.6%
ROA
13.1%
Interest coverage
10.45
Debt ≤ 1 year
€91,975
Income taxes
€4,129
Staff costs
€17,811

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 42 lines
Balance sheet Code2024
Assets
Total assets20/58€111,652
Fixed assets21/28€10,332
Tangible fixed assets22/27€10,332
Land and buildings22€2,036
Plant, machinery and equipment23€7,141
Furniture and vehicles24€1,155
Current assets29/58€101,321
Stocks and contracts in progress3€19,686
Stocks30/36€19,686
Amounts receivable within one year40/41€1,416
Other amounts receivable41€1,416
Cash at bank and in hand54/58€79,853
Deferred charges and accrued income490/1€365
Equity and liabilities
Total equity and liabilities10/49€111,652
Equity10/15€19,677
Contributions10/11€5,000
Reserves13€14,677
Distributable reserves133€14,677
Amounts payable17/49€91,975
Amounts payable within one year42/48€91,975
Trade debts44€66,400
Suppliers440/4€66,400
Taxes, remuneration and social security45€19,106
Taxes450/3€13,481
Remuneration and social security454/9€5,625
Other amounts payable47/48€6,469
Income statement Code2024
Remuneration, social security and pensions62€17,811
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,570
Other operating charges640/8€2,427
Gross operating margin9900€42,743
Operating profit (loss)9901€20,935
Financial income75/76B€24
Recurring financial income75€24
Financial charges65/66B€2,153
Recurring financial charges65€2,153
Profit (loss) for the period before taxes9903€18,806
Income taxes67/77€4,129
Profit (loss) for the period9904€14,677
Profit (loss) for the period to be appropriated9905€14,677
Appropriation of the result
Profit (loss) to be appropriated9906€14,677
Transfer to equity691/2€14,677
To other reserves6921€14,677

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€17,811
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,570
Other operating charges640/8€2,427
Gross operating margin9900€42,743
Operating profit (loss)9901€20,935
Financial income75/76B€24
Recurring financial income75€24
Financial charges65/66B€2,153
Recurring financial charges65€2,153
Profit (loss) for the period before taxes9903€18,806
Income taxes67/77€4,129
Profit (loss) for the period9904€14,677
Profit (loss) for the period to be appropriated9905€14,677
Line2024
Assets
Total assets20/58€111,652
Fixed assets21/28€10,332
Tangible fixed assets22/27€10,332
Land and buildings22€2,036
Plant, machinery and equipment23€7,141
Furniture and vehicles24€1,155
Current assets29/58€101,321
Stocks and contracts in progress3€19,686
Stocks30/36€19,686
Amounts receivable within one year40/41€1,416
Other amounts receivable41€1,416
Cash at bank and in hand54/58€79,853
Deferred charges and accrued income490/1€365
Equity and liabilities
Total equity and liabilities10/49€111,652
Equity10/15€19,677
Contributions10/11€5,000
Reserves13€14,677
Distributable reserves133€14,677
Amounts payable17/49€91,975
Amounts payable within one year42/48€91,975
Trade debts44€66,400
Suppliers440/4€66,400
Taxes, remuneration and social security45€19,106
Taxes450/3€13,481
Remuneration and social security454/9€5,625
Other amounts payable47/48€6,469
Line2024
Profit (loss) for the period9904€14,677
+ Depreciation and write-downs630€1,570
Operating cash flow (approximation)€16,247

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 26-05-2026 2026-00121474

Similar companies · same sector, comparable size

Of the 10,318 active companies whose main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110), figures are known for 5,849. 4,125 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.