VERSAVEL

Active

Private limited companyfounded 1998active for 27 yearsMeenseweg 221-223, 8900 Ieper, BelgiumKBO/BCE: BE 0464.727.196

From the official registers: KBO 27 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VERSAVEL has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €994,924 and a net result of €289,470. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 69% of 1,004 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

VERSAVELActiveChecked score 97/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 15-12-1998 Normal situation
Legal form: Private limited company
Registered office: Meenseweg 221-223, 8900 Ieper
Activity: Artisanal bread and fresh pastry making NACE 10712and 3 others
Establishment units: 2.090.153.624 8900 Ieper, since 10-02-1999
: 2.374.697.481 8900 Ieper, since 04-08-2025
Financial year end: 31 December
Peppol: Reachable since 17-09-2025

Company details

Who decides

Board

T2M FINANCEDirector · since 28-08-2023 · permanent representative VERSAVEL Marlies
Master V Management BVDirector
ReMaBake BVDirector

Shareholders

Holdings: Shares in 1 company Versavel Poperinge

Board & ownership

How it is doing

97 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Annual accounts 2025

Gross margin: €1.2m; ▲ 6.5%
Turnover: ≈ €2.0m; estimated
Profit: €289,470; ▼ 13.3%
Equity: €994,924; ▲ 41.0%
Total assets: €1.9m; ▲ 7.5%
Staff: 17.2 FTE; ▲ 21.1%

2025 accounts 1 day early

Filed on 30-07-2026at the National Bank

Financials

Why 97raises riskSector: Manufacture of food products (NACE 10)lowers riskLiquidity: current ratio 1.74, cash €508,574Founded in 1998Equity €994,924 (51.8% of total assets)Show the evidence

Checked score

Score 2025

97 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 84% of its sector peers (NACE 10, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 77+13

equity 51.8% of total assets

Liquidity 72+16

short-term debt 27.3% · cash 26.5%

Profitability 88-4

return on assets 15.1%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (630 companies, NACE 10, small)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.2%▼ -0.1 percentage points vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €95,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.74, compared with 1.38 in 2024, above the usual 1.5; short-term debt: 27.3% and cash: 26.5% of total assets), and 48.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, small): better than 70% on solvency, 89% on liquidity, 87% on profitability and 90% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.74, cash €508,574

NBB · annual accounts

Sector: Manufacture of food products (NACE 10)

KBO

Founded in 1998

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €994,924 (51.8% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

1 day early

2024

31 days early

2023

9 days early

2022

6 days early

2021

29 days early

2020

30 days early

2019

11 days early

← 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 17 days before the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Among the best 11% on net resultsector median €34,254 · 1,003 companies €289,470 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €289,470 8 years View
Positive: Equity rose in 2025from €705,454 to €994,924 ▲ 41.0% View

Documents

Key facts about VERSAVEL

What is the company number of VERSAVEL?: 0464.727.196. In Belgium the VAT number is the company number with BE in front: BE 0464.727.196.
Where is VERSAVEL based?: The registered office is at Meenseweg 221-223, 8900 Ieper.Company details
What does VERSAVEL do?: According to the KBO register, the main activity is artisanal bread and fresh pastry making (NACE 10712).
What is the legal form of VERSAVEL?: Private limited company (BV).
When was VERSAVEL founded?: On 15-12-1998.
Is VERSAVEL still active?: Yes, VERSAVEL is an active enterprise in the KBO register.
How many employees does VERSAVEL have?: On average 17.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VERSAVEL?: ≈ €2.0m in financial year 2025. Estimated from the gross margin of €1.2m: probably between €1.4m and €3.4m, based on 1,587 comparable companies of the same size. A rough estimate.
Is VERSAVEL profitable?: In financial year 2025, VERSAVEL made a profit of €289,470.
Where can I find the annual accounts of VERSAVEL?: VERSAVEL filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of VERSAVEL due?: By 31-07-2027, for financial year 2026.Timeline