VERSALOF
ActiveVERSALOF has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.50M and a net result of €1.03M. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 475 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-8
Solvency100=
Growth75▼-3
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €480k at 30 days acceptable
Liquidity ample (current ratio 4.75 against 5.26 in 2024; short-term debt: 16.9% and cash: 19.6% of total assets), and 17% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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
83%
Return on assets
15.6%
Age of the figures
15 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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
22 d early
2023
28 d early
2022
19 d early
2021
3 d early
2020
4 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€14.07M▲ 10.8%
2024 · €12.69M
2024: €12.69M
2024 → 2025
EBIT margin
9.6%▼ 2.7pp
2024 · 12.4%
2024: 12.4%
2024 → 2025
Net result
€1.03M▼ 8.4%
2024 · €1.13M
2019: €763k
2020: €652k
2021: €601k
2022: €280k
2023: €956k
2024: €1.13M
2019 → 2025
Working capital
€4.20M▲ 35.4%
2024 · €3.10M
2019: €911k
2020: €921k
2021: €1.64M
2022: €1.66M
2023: €1.99M
2024: €3.10M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€12.69M€14.07M▲ 10.8%
Equity€3.53M-€3.24M▼ 8.1%€3.87M▲ 19.2%€4.71M▲ 21.8%€5.50M▲ 16.8%
Operating result€788k-€447k▼ 43.3%€1.36M▲ 204%€1.57M▲ 15.2%€1.35M▼ 13.7%
Net result€601k-€280k▼ 53.4%€956k▲ 242%€1.13M▲ 18.0%€1.03M▼ 8.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.63M
Fixed assets
€1.31M▼ 22.7%
Current assets
€5.32M▲ 38.9%
Equity and liabilities €6.63M
Equity
€5.50M▲ 16.8%
Debt
€1.12M▲ 38.6%
The debt ratio rises from 14.7% to 17.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.69M▼
2024 · €1.97M
Cash flow
€1.37M▼
2024 · €1.53M
Solvency
83.0%▼
2024 · 85.3%
Current ratio
4.75▼
2024 · 5.26
Quick ratio
4.75▼
2024 · 5.26
Debt / equity
0.20▲
2024 · 0.17
ROE
18.8%▼
2024 · 24.0%
ROA
15.6%▼
2024 · 20.4%
Interest coverage
293.60▼
2024 · 1151.24
Debt
€1.12M▲
2024 · €811k
Debt ≤ 1 year
€1.12M▲
2024 · €728k
Income taxes
€351k▼
2024 · €469k
Staff costs
€501k▲
2024 · €412k
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€5.52M€6.63M▲
Fixed assets21/28€1.69M€1.31M▼
Intangible fixed assets21€29k€7k▼
Tangible fixed assets22/27€1.20M€896k▼
Land and buildings22€402k€323k▼
Plant, machinery and equipment23€558k€394k▼
Furniture and vehicles24€239k€179k▼
Financial fixed assets28€463k€404k▼
Affiliated companies280/1€451k€392k▼
Amounts receivable281€451k€392k▼
Other financial fixed assets284/8€13k€13k=
Amounts receivable and cash guarantees285/8€13k€13k=
Current assets29/58€3.83M€5.32M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€1.76M€1.64M▼
Trade receivables40€1.61M€1.38M▼
Other amounts receivable41€151k€251k▲
Current investments50/53€1.51M€2.22M▲
Other investments51/53€1.51M€2.22M▲
Cash at bank and in hand54/58€302k€1.30M▲
Deferred charges and accrued income490/1€256k€157k▼
Equity and liabilities
Total equity and liabilities10/49€5.52M€6.63M▲
Equity10/15€4.71M€5.50M▲
Contributions10/11€19k€19k=
Reserves13€4.69M€5.48M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€1.83M€1.83M=
Distributable reserves133€2.86M€3.65M▲
Amounts payable17/49€811k€1.12M▲
Amounts payable within one year42/48€728k€1.12M▲
Trade debts44€494k€963k▲
Suppliers440/4€494k€963k▲
Taxes, remuneration and social security45€194k€78k▼
Taxes450/3€140k€12k▼
Remuneration and social security454/9€53k€66k▲
Other amounts payable47/48€40k€78k▲
Accrued charges and deferred income492/3€83k€5k▼
Income statement
Code20242025
Operating income70/76A€12.72M€14.25M▲
Turnover70€12.69M€14.07M▲
Other operating income74€33k€181k▲
Non-recurring operating income76A€0-
Operating charges60/66A€11.15M€12.89M▲
Goods for resale, raw materials and consumables60€8.09M€8.98M▲
Purchases600/8€8.09M€8.98M▲
Services and other goods61€2.24M€3.06M▲
Remuneration, social security and pensions62€412k€501k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€398k€339k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€931€0▼
Other operating charges640/8€11k€6k▼
Operating profit (loss)9901€1.57M€1.35M▼
Financial income75/76B€37k€54k▲
Recurring financial income75€35k€54k▲
Income from financial fixed assets750€5k€5k▼
Income from current assets751€11k€33k▲
Other financial income752/9€19k€16k▼
Non-recurring financial income76B€1k€0▼
Financial charges65/66B€7k€22k▲
Recurring financial charges65€7k€22k▲
Debt charges650€2k€6k▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€5k€17k▲
Other financial charges652/9€18€47▲
Profit (loss) for the period before taxes9903€1.60M€1.38M▼
Income taxes67/77€469k€351k▼
Taxes670/3€469k€351k▼
Tax adjustments and reversals of tax provisions77-€114
Profit (loss) for the period9904€1.13M€1.03M▼
Transfer from tax-exempt reserves789€605k€0▼
Transfer to tax-exempt reserves689€989k€0▼
Profit (loss) for the period to be appropriated9905€744k€1.03M▲
Appropriation of the result
Profit (loss) to be appropriated9906€744k€1.03M▲
Transfer from equity791/2€284k€243k▼
From reserves792€284k€243k▼
Transfer to equity691/2€744k€1.03M▲
To other reserves6921€744k€1.03M▲
Profit to be distributed694/7€284k€243k▼
Return on contributions (dividend)694€284k€243k▼
Social balance
Average headcount (FTE)90877.99.1▲
The notes to these accounts (61 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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Equity above €5MEq €5.50M ▲16.8%
7 profitable years in a row build equity to €5.50M.
09-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Highest result since 2019net €1.13M ▲18%
Operating result €1.57M, net result €1.13M, both a record.
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €280k ▼53.4%
Net result drops to €280k, the lowest in the series; recovery starts the following year.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-01
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
5 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, Londerzeel · 1 establishment unit since 2008
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.
Eshagestraat 131840 LonderzeelGround area
1,007 m²
Building footprint
276 m²
Parcel 23080A0142/00S000, Flanders. Linked by address, not a title deed.
1 establishment unit
VERSALOF
since 20082.173.172.360
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23080A0142/00S000 | Flanders | 1,007 m² | 1 · 276 m² | - |
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 2025 · 8 entries · 421,736 EUR awarded · 249,085 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 6,867 EUR | 84,707 EUR |
| 2024 | 2 | 2,319 EUR | 83,094 EUR |
| 2023 | 2 | 409,794 EUR | 81,284 EUR |
| 2022 | 1 | 2,756 EUR | 0 EUR |
Schemes
Baekeland-mandaat
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteLonderzeel2.173.172.360
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Of 5,168 companies in sector 01110 we hold annual accounts for 612. 193 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-08-2008
Fiscal year end30-06
Activities, NACEBEL
01110Growing of cereals (except rice), leguminous crops and oil seeds
01130Growing of vegetables, melons, roots and tubers
47210Retail sale of fruit and vegetables
Sources
Crossroads Bank for EnterprisesNational Bank · 17 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.