Financials
- Fiscal year
- 2025
- Total assets
- €36,788
- Profit
- €4,094
- Solvency
- 0.5%
Turnover▲ 28.5%
Net result
20192020
VERSAJO
ActiveSummary
The computed 12-month bankruptcy probability of VERSAJO is 2.0% (moderate). The 2025 annual accounts show equity of €174 and a net result of €4,094. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 33926 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€36,788total assets 2025
- Equity
- €174
- Profit
- €4,094
Turnover not published (abridged schema)
Structure
Accounts filed 61 d late0 of 1 deed read
Why 54- Latest accounts 61 days late; 2 of the last 3 late- Founded in 2018+ Liquidity: current ratio 0.78, cash €8,600+ Size: total assets €36,788Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 46% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
25+7
equity 0.5% of total assets
Liquidity
29-2
short-term debt 99.5% · cash 23.4%
Profitability
83-3
return on assets 11.1%
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.3%
12-2024: 2.4%▲ +2.4% vs 11-2024
01-2025: 2.4%▼ -1.5% vs 12-2024
02-2025: 2.4%● 0.0% vs 01-2025
03-2025: 2.2%▼ -5.7% vs 02-2025
04-2025: 2.2%▲ +0.8% vs 03-2025
05-2025: 2.2%▼ -1.1% vs 04-2025
06-2025: 2.2%▼ -2.7% vs 05-2025
07-2025: 2.2%▲ +0.8% vs 06-2025
08-2025: 2.9%▲ +34.4% vs 07-2025highest value
09-2025: 1.8%▼ -37.8% vs 08-2025
10-2025: 1.8%● 0.0% vs 09-2025
11-2025: 1.8%● 0.0% vs 10-2025
12-2025: 1.8%● 0.0% vs 11-2025
01-2026: 1.8%▼ -2.1% vs 12-2025
02-2026: 1.8%● 0.0% vs 01-2026
03-2026: 1.8%▼ -1.3% vs 02-2026
04-2026: 1.8%▲ +1.7% vs 03-2026
05-2026: 1.8%▲ +0.9% vs 04-2026
06-2026: 1.7%▼ -2.8% vs 05-2026
07-2026: 1.7%▼ -0.2% vs 06-2026lowest value
08-2026: 2.5%▲ +43.4% vs 07-2026
09-2026: 2.7%▲ +9.3% vs 08-2026
10-2026: 2.0%▼ -26.1% vs 09-2026
- Latest accounts 61 days late; 2 of the last 3 late raises the probability
- Liquidity: current ratio 0.78, cash €8,600 lowers the probability
- Size: total assets €36,788 lowers the probability for this profile
- Founded in 2018 raises the probability for this profile
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 8%, liquidity 18%, profitability 65%, growth against the median 92%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 33926 sector peers (2025).
NBB · sector comparisonPosition among 33926 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 7 filingsDeviation from the deadline
2025
61 d late
2024
28 d late
2023
31 d late
2022
50 d late
2021
53 d late
2020
74 d late
2019
19 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 45 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €7,458
Key points
By topic
Timeline
- Events
- 9
- Since
- 2020
- Next accounts
- by 31-07-2027
- 30-09-2026Annual accounts filed
- 28-08-2025Annual accounts filed
- 31-12-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 14-12-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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