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Verschelde Pomping

Active
Private limited companyfounded 2024active for 1 yearKoordhoekstraat 3, 8610 Kortemark, BelgiumKBO/BCE: BE 1017.189.807

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Verschelde Pomping is 2.0% (moderate). The 2025 annual accounts show equity of €102,613 and a net result of €97,613. Its solvency ranks better than 25% of 9,368 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
29-06-2026
Format
micro format
Reference
2026-00216288
Turnover
≈ €690,000
Estimated: probably between €490,000 and €1.1m
Total assets
€561,583
Net result
€97,613
Working capital
-€7,008

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €561,583
Fixed assets €412,399
Current assets €149,183
Equity and liabilities €561,583
Equity €102,613
Debt €458,970
Debt finances 81.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€209,965
Cash flow
€185,613
Current ratio
0.96
Debt to equity
4.47
ROE
95.1%
ROA
17.4%
Interest coverage
17.16
Debt ≤ 1 year
€156,191
Debt > 1 year
€302,779
Income taxes
€12,250

Peer companies

Historical observation

Of the 118 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 97.5% are still going.

  • Small
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
2.5% went bankrupt
0.0% stopped otherwise
97.5% still going

For this company itself Checked computes a bankruptcy probability of 2.0% 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%.

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% 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 118 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 · 2025 · 43 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 29-06-2026.

Balance sheet Code2025
Assets
Total assets20/58€561,583
Fixed assets21/28€412,399
Tangible fixed assets22/27€410,639
Plant, machinery and equipment23€10,411
Furniture and vehicles24€400,229
Financial fixed assets28€1,760
Current assets29/58€149,183
Amounts receivable within one year40/41€84,696
Trade receivables40€60,740
Other amounts receivable41€23,956
Cash at bank and in hand54/58€60,252
Deferred charges and accrued income490/1€4,235
Equity and liabilities
Total equity and liabilities10/49€561,583
Equity10/15€102,613
Contributions10/11€5,000
Reserves13€75,000
Distributable reserves133€75,000
Profit (loss) carried forward14€22,613
Amounts payable17/49€458,970
Amounts payable after more than one year17€302,779
Financial debts170/4€302,779
Amounts payable within one year42/48€156,191
Current portion of amounts payable after more than one year42€104,246
Trade debts44€15,304
Suppliers440/4€15,304
Taxes, remuneration and social security45€12,611
Taxes450/3€12,611
Other amounts payable47/48€24,030
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88,000
Other operating charges640/8€1,115
Gross operating margin9900€211,080
Operating profit (loss)9901€121,965
Financial income75/76B€132
Recurring financial income75€132
Financial charges65/66B€12,234
Recurring financial charges65€12,234
Profit (loss) for the period before taxes9903€109,863
Income taxes67/77€12,250
Profit (loss) for the period9904€97,613
Profit (loss) for the period to be appropriated9905€97,613
Appropriation of the result
Profit (loss) to be appropriated9906€97,613
Transfer to equity691/2€75,000
To other reserves6921€75,000

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88,000
Other operating charges640/8€1,115
Gross operating margin9900€211,080
Operating profit (loss)9901€121,965
Financial income75/76B€132
Recurring financial income75€132
Financial charges65/66B€12,234
Recurring financial charges65€12,234
Profit (loss) for the period before taxes9903€109,863
Income taxes67/77€12,250
Profit (loss) for the period9904€97,613
Profit (loss) for the period to be appropriated9905€97,613
Line2025
Assets
Total assets20/58€561,583
Fixed assets21/28€412,399
Tangible fixed assets22/27€410,639
Plant, machinery and equipment23€10,411
Furniture and vehicles24€400,229
Financial fixed assets28€1,760
Current assets29/58€149,183
Amounts receivable within one year40/41€84,696
Trade receivables40€60,740
Other amounts receivable41€23,956
Cash at bank and in hand54/58€60,252
Deferred charges and accrued income490/1€4,235
Equity and liabilities
Total equity and liabilities10/49€561,583
Equity10/15€102,613
Contributions10/11€5,000
Reserves13€75,000
Distributable reserves133€75,000
Profit (loss) carried forward14€22,613
Amounts payable17/49€458,970
Amounts payable after more than one year17€302,779
Financial debts170/4€302,779
Amounts payable within one year42/48€156,191
Current portion of amounts payable after more than one year42€104,246
Trade debts44€15,304
Suppliers440/4€15,304
Taxes, remuneration and social security45€12,611
Taxes450/3€12,611
Other amounts payable47/48€24,030
Line2025
Profit (loss) for the period9904€97,613
+ Depreciation and write-downs630€88,000
Operating cash flow (approximation)€185,613

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 Document
31-12-2025 micro format 29-06-2026 2026-00216288 NBB

Similar companies · same sector, comparable size

Of the 29,223 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,407. 13,369 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €997 awarded · €771 paid
Schemes
1 entry · €997 · €771 paid · Fonds voor Innoveren en Ondernemen

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