VERSCHAEVE
ActiveSummary
VERSCHAEVE has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €741,495 and a net result of €41,634. Equity is shrinking by about 2.5% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €741,495
- Profit
- €41,634
Why 95lowers riskSize: total assets €976,468Equity €741,495 (75.9% of total assets)Figures for financial year 2025 (filed 15-08-2026)Founded in 1990Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, micro): better than 81% on solvency, 44% on liquidity, 56% on profitability and 62% on growth.
The bankruptcy probability was computed on 29-10-2026 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
This company filed its last 7 accounts on average 15 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (13 days) Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00399507.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 78% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 14,766 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,750 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,933 | €29,975 | €29,210 | €26,284 | €26,088 | €27,470 | €28,536 | €30,863 | ▲ 8.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €30,013 | €30,013 | €30,013 | - | - |
| Other operating charges640/8 | - | - | - | €4,586 | €4,864 | €4,400 | €4,191 | €5,848 | ▲ 39.5% |
| Gross operating margin9900 | €154,743 | €58,392 | €92,311 | €86,254 | €87,838 | €77,995 | €90,610 | €86,347 | ▼ 4.7% |
| Operating profit (loss)9901 | €127,753 | €21,831 | €59,179 | €55,384 | €26,874 | €16,112 | €27,871 | €49,636 | ▲ 78.1% |
| Financial income75/76B | - | - | - | €1,575 | - | €1,118 | €8,136 | €7,775 | ▼ 4.4% |
| Recurring financial income75 | €452 | €346 | €36 | €1,575 | - | €1,118 | €8,136 | €7,775 | ▼ 4.4% |
| Financial charges65/66B | - | - | - | €1,640 | €1,544 | €1,253 | €959 | €1,512 | ▲ 57.8% |
| Recurring financial charges65 | €3,725 | €3,976 | €1,895 | €1,640 | €1,544 | €1,253 | €959 | €1,512 | ▲ 57.8% |
| Profit (loss) for the period before taxes9903 | €124,469 | €18,201 | €57,320 | €55,319 | €25,330 | €15,976 | €35,049 | €55,898 | ▲ 59.5% |
| Income taxes67/77 | €46,063 | €5,861 | €20,126 | €22,672 | €8,287 | €7,906 | €9,948 | €14,264 | ▲ 43.4% |
| Profit (loss) for the period9904 | €78,407 | €12,340 | €37,193 | €32,647 | €17,043 | €8,070 | €25,101 | €41,634 | ▲ 65.9% |
| Transfer from tax-exempt reserves789 | - | - | - | €14,103 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €78,407 | €12,340 | €39,253 | €46,750 | €17,043 | €8,070 | €25,101 | €41,634 | ▲ 65.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.9m | €1.0m | €1.0m | €1.0m | €1.1m | €0.9m | €0.9m | €1.0m | ▲ 5.4% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 0.6% |
| Intangible fixed assets21 | - | - | - | - | - | €0.002m | €0.001m | €292 | ▼ 77.2% |
| Tangible fixed assets22/27 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 0.4% |
| Land and buildings22 | - | - | - | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 3.9% |
| Plant, machinery and equipment23 | - | - | - | €0.003m | €0.002m | €0.01m | €0.01m | €0.009m | ▼ 14.0% |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.02m | €0.02m | €0.009m | €0.03m | ▲ 180% |
| Current assets29/58 | €0.5m | €0.5m | €0.5m | €0.5m | €0.6m | €0.4m | €0.5m | €0.5m | ▲ 11.5% |
| Amounts receivable within one year40/41 | - | €0.01m | - | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 20.5% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 20.5% |
| Current investments50/53 | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 0.9% |
| Cash at bank and in hand54/58 | €0.4m | €0.2m | €0.2m | €0.1m | €0.2m | €0.04m | €0.05m | €0.07m | ▲ 23.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | ▲ 26.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.9m | €1.0m | €1.0m | €1.0m | €1.1m | €0.9m | €0.9m | €1.0m | ▲ 5.4% |
| Equity10/15 | €0.8m | €0.8m | €0.9m | €0.9m | €0.8m | €0.8m | €0.7m | €0.7m | ▲ 5.9% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.8m | €0.8m | €0.9m | €0.9m | €0.8m | €0.7m | €0.7m | €0.7m | ▲ 6.1% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.9m | €0.8m | €0.7m | €0.7m | €0.7m | ▲ 6.1% |
| Profit (loss) carried forward14 | €225 | €225 | €225 | - | - | - | - | - | - |
| Amounts payable17/49 | €0.1m | €0.2m | €0.1m | €0.1m | €0.3m | €0.2m | €0.2m | €0.2m | ▲ 3.9% |
| Amounts payable after more than one year17 | €0.04m | €0.1m | €0.1m | €0.08m | €0.06m | €0.05m | €0.03m | €0.02m | ▼ 30.6% |
| Financial debts170/4 | - | - | - | €0.08m | €0.06m | €0.05m | €0.03m | €0.02m | ▼ 30.6% |
| Amounts payable within one year42/48 | €0.06m | €0.06m | €0.03m | €0.02m | €0.3m | €0.1m | €0.2m | €0.2m | ▲ 10.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | ▲ 0.2% |
| Trade debts44 | €0.001m | €0.001m | €0.001m | €0.001m | €0.003m | €0.001m | €0.003m | €0.003m | ▲ 6.0% |
| Suppliers440/4 | - | - | - | €0.001m | €0.003m | €0.001m | €0.003m | €0.003m | ▲ 6.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.003m | €0.003m | €0.001m | €439 | €0.001m | ▲ 45.8% |
| Taxes450/3 | - | - | - | €0.003m | €0.003m | €0.001m | €439 | €0.001m | ▲ 45.8% |
| Other amounts payable47/48 | - | - | - | €0.003m | €0.2m | €0.1m | €0.2m | €0.2m | ▲ 10.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.005m | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €78,407 | €12,340 | €37,193 | €32,647 | €17,043 | €8,070 | €25,101 | €41,634 | ▲ 65.9% |
| + Depreciation and write-downs630 | €23,933 | €29,975 | €29,210 | €26,284 | €26,088 | €27,470 | €28,536 | €30,863 | ▲ 8.2% |
| Operating cash flow (approximation) | €102,340 | €42,316 | €66,404 | €58,931 | €43,131 | €35,540 | €53,636 | €72,498 | ▲ 35.2% |
| Investment in fixed assets (approximation) | - | -€112,548 | -€24,042 | -€18,056 | -€1,038 | -€17,359 | €0 | -€27,905 | - |
| Change in cash | - | -€176,812 | €1,581 | -€92,897 | €27,789 | -€134,843 | €17,501 | €12,781 | ▼ 27.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 13-08-2026 | 2026-00399507 |
| 31-12-2024 | micro format | 13-08-2025 | 2025-00376878 |
| 31-12-2023 | micro format | 05-08-2024 | 2024-00327738 |
| 31-12-2022 | micro format | 21-08-2023 | 2023-00344987 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20370552 |
| 31-12-2020 | micro format | 10-08-2021 | 2021-47100350 |
| 31-12-2019 | micro format | 13-08-2020 | 2020-41000188 |
| 31-12-2018 | micro format | 23-07-2019 | 2019-35900445 |
| 31-12-2017 | micro format | 31-08-2018 | 2018-54900598 |
| 31-12-2016 | micro format | 28-07-2017 | 2017-36500599 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 29-01-2024 Capital stated in the deed · 300 shares
Group and network
Connections & network
No directors read yet: 1 of 2 Gazette acts processed.
History
Acts, filings and financial milestones
29-01
Gazette deed
Amendment of the articles · Legal-form change · MiscellaneousCapital conversion · Legal-form conversion · Capital7 facts ▸
- General meeting, 15-12-2023
- Capital conversion
- Amendment of the articles
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital
- Registered office clause, “8490 Jabbeke,Constant Permekelaan 19” (deed in Dutch)
- Power of attorney
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31012B0583/00X000 | Flanders | 316 m² | 1 · 146 m² | 9.4 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Makelaars in verzekeringen,onroerende goederen,bank- en spaarkasverrichtingen en dienstbetoon; Tussenpersoon inzake spaarwezen,allerlei…” (deed in Dutch)
10 activities (deed in Dutch)
- Makelaars in verzekeringen,onroerende goederen,bank- en spaarkasverrichtingen en dienstbetoon
- Tussenpersoon inzake spaarwezen,allerlei beleggingen,het bekomen van leningen en hypotheken
- Onderneming voor het beheer van beleggingen en vermogens als tussen-persoon
- Het waarnemen van alle bestuursopdrachten,het uitoefenen van mandaten en functies in andere vennootschappen en ondernemingen
- Het uitoefenen van de functie vereffenaar in vennootschappen
- Het optreden als middelenvennootschap die roerende activa aan derden kan verhuren
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten,behalve die welke wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen,kapitalisatieondernemingen voor vermogensbeheer en beleggingsadvies
- Tussenpersoon op commissie voor alle onroerende transacties
- Tussenpersoon op commissie voor huur of verhuur,leasing,huurkoop,gebruikslening en de koop-verkoop van alle roerende en onroerende goederen of vorderingen
- De aan- en verkoop van onroerende goederen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Verschaeve
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, natuurlijke personen of rechtspersonen” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, ingeschreven in het register van aandelen op naam met vermeldingen voorgeschreven door het Wetboek van vennootschappen en…” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Indien vennootschap maar één aandeelhouder meer telt kan deze geheel of deel vrij overdragen” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)“Vennootschap van rechtswege ontbonden, overlijden enige aandeelhouder zonder overgang aandelen op gerechtigde” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, recht algemene vergadering om één of meerdere vereffenaars aan te duiden,bevoegdheden…” (deed in Dutch)