VERSCHINGEL
ActiveVERSCHINGEL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.78M and a net result of €124k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 74% of 5487 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
38 d early
2023
6 d late
2022
30 d late
2021
22 d late
2020
20 d late
2019
26 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.78M▲ 7.4%
2024 · €1.66M
2018: €1.14M
2019: €1.27M
2020: €1.44M
2021: €1.64M
2022: €1.50M
2023: €1.55M
2024: €1.66M
2018 → 2025
Net result
€124k▲ 11.3%
2024 · €111k
2018: €74k
2019: €128k
2020: €173k
2021: €205k
2022: €332k
2023: €53k
2024: €111k
2018 → 2025
Total assets
€2.27M▲ 6.8%
2024 · €2.13M
2018: €1.31M
2019: €1.45M
2020: €1.63M
2021: €1.84M
2022: €2.15M
2023: €2.21M
2024: €2.13M
2018 → 2025
Solvency
78.5%▲ 0.5pp
2024 · 78.0%
2018: 86.8%
2019: 87.3%
2020: 88.2%
2021: 89.6%
2022: 69.6%
2023: 70.0%
2024: 78.0%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.64M-€1.50M▼ 9.1%€1.55M▲ 3.5%€1.66M▲ 7.2%€1.78M▲ 7.4%
Operating result€257k-€585k▲ 128%€18k▼ 96.9%€75k▲ 315%€124k▲ 64.4%
Net result€205k-€332k▲ 62.3%€53k▼ 84.0%€111k▲ 109%€124k▲ 11.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 64% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.27M
Fixed assets
€100▼ 98.1%
Current assets
€2.27M▲ 7.1%
Equity and liabilities €2.27M
Equity
€1.78M▲ 7.4%
Debt
€489k▲ 4.5%
The debt ratio falls from 22.0% to 21.5%: equity grows faster than debt.
Key figures and ratios
Solvency
78.5%▲
2024 · 78.0%
ROE
6.9%▲
2024 · 6.7%
ROA
5.4%▲
2024 · 5.2%
Debt
€489k▲
2024 · €468k
Debt ≤ 1 year
€12k▲
2024 · €5k
Debt > 1 year
€450k=
2024 · €450k
Income taxes
€60k▲
2024 · €36k
A ratio outside any meaningful range has been withheld (balance sheet total €2.27M, equity €1.78M).
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€2.13M€2.27M▲
Fixed assets21/28€5k€100▼
Tangible fixed assets22/27€226-
Furniture and vehicles24€226-
Financial fixed assets28€5k€100▼
Current assets29/58€2.12M€2.27M▲
Amounts receivable within one year40/41€187k€154k▼
Trade receivables40€181k€150k▼
Other amounts receivable41€6k€4k▼
Current investments50/53€1.54M€1.24M▼
Cash at bank and in hand54/58€391k€869k▲
Deferred charges and accrued income490/1€9k€11k▲
Equity and liabilities
Total equity and liabilities10/49€2.13M€2.27M▲
Equity10/15€1.66M€1.78M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.60M€1.72M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.59M€1.71M▲
Amounts payable17/49€468k€489k▲
Amounts payable after more than one year17€450k€450k=
Other amounts payable178/9€450k€450k=
Amounts payable within one year42/48€5k€12k▲
Trade debts44€411-
Suppliers440/4€411-
Taxes, remuneration and social security45-€12k
Taxes450/3-€12k
Other amounts payable47/48€5k€105▼
Accrued charges and deferred income492/3€14k€27k▲
Income statement
Code20242025
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€666€226▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€78k€126k▲
Operating profit (loss)9901€75k€124k▲
Financial income75/76B€89k€74k▼
Recurring financial income75€89k€74k▼
Financial charges65/66B€17k€14k▼
Recurring financial charges65€17k€14k▼
Profit (loss) for the period before taxes9903€147k€184k▲
Income taxes67/77€36k€60k▲
Profit (loss) for the period9904€111k€124k▲
Profit (loss) for the period to be appropriated9905€111k€124k▲
Appropriation of the result
Profit (loss) to be appropriated9906€111k€124k▲
Transfer to equity691/2€111k€124k▲
To other reserves6921€111k€124k▲
The notes to these accounts (7 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 426.68
Current ratio from 213.04 to 426.68; short-term debt falls from €10k to €5k.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-12
Financial
Weakest financial yearnet €53k ▼84%
Net result drops to €53k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €332k ▲62.3%
Operating result €585k, net result €332k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 168.47
Current ratio from 50.77 to 168.47; short-term debt falls from €36k to €13k.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
05-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2022
This board is reconstructed from a single act (22385566). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Bert VERSCHINGEL
CurrentDirector · since 22-12-2022
Marc VERSCHINGEL
CurrentDirector · since 22-12-2022
Maria VIAENE
CurrentDirector · since 22-12-2022
22-12-2022
Bert VERSCHINGEL: Appointed as Director
22-12-2022
Marc VERSCHINGEL: Appointed as Director
22-12-2022
Maria VIAENE: Appointed as Director
Location & real-estate footprint
Registered office, Koekelare · 1 establishment unit since 2002
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.
Brouwerijstraat 138680 KoekelareGround area
1,248 m²
Building footprint
202 m²
Volume, LiDAR
1,188 m³
Parcel 32010D0087/00N000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brouwerijstraat 13, 8680 Koekelare
since 20022.052.682.524
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32010D0087/00N000 | Flanders | 1,248 m² | 1 · 202 m² | 11.1 m · 2 fl. |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
967600VZ7J0AROKOGQ49
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,689. 11,215 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-04-1991
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
66290Activities auxiliary to financial services and insurance activities
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.