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Verschore

Active
Private limited companyfounded 2025active for 1 yearKrommewege 38B, 9990 Maldegem, BelgiumKBO/BCE: BE 1022.490.955
Summary

The computed 12-month bankruptcy probability of Verschore is 2.6% (moderate). The 2025 annual accounts show equity of €8,829 and a net result of €5,829. Its solvency ranks better than 26% of 3,281 sector peers (NACE 95, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

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, 2026-00396105.

Turnover
≈ €65,000
Estimated: probably between €45,000 and €130,000
Total assets
€72,395
Net result
€5,829
Working capital
-€12,100

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 €72,395
Fixed assets €34,742
Current assets €37,653
Equity and liabilities €72,395
Equity €8,829
Debt €63,566
Debt finances 87.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€12,245
Cash flow
€9,992
Current ratio
0.76
Quick ratio
0.36
Debt to equity
7.20
ROE
66.0%
ROA
8.1%
Interest coverage
17.74
Debt ≤ 1 year
€49,753
Debt > 1 year
€13,706
Income taxes
€1,609
Staff costs
€2,719

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 2,390 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 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€72,395
Fixed assets21/28€34,742
Tangible fixed assets22/27€34,742
Land and buildings22€19,344
Plant, machinery and equipment23€13,518
Furniture and vehicles24€1,880
Current assets29/58€37,653
Stocks and contracts in progress3€19,780
Stocks30/36€19,780
Amounts receivable within one year40/41€13,616
Trade receivables40€11,406
Other amounts receivable41€2,210
Cash at bank and in hand54/58€4,257
Equity and liabilities
Total equity and liabilities10/49€72,395
Equity10/15€8,829
Contributions10/11€3,000
Profit (loss) carried forward14€5,829
Amounts payable17/49€63,566
Amounts payable after more than one year17€13,706
Financial debts170/4€13,706
Amounts payable within one year42/48€49,753
Trade debts44€7,373
Suppliers440/4€7,373
Taxes, remuneration and social security45€6,649
Taxes450/3€6,510
Remuneration and social security454/9€139
Other amounts payable47/48€35,732
Accrued charges and deferred income492/3€107
Income statement Code2025
Remuneration, social security and pensions62€2,719
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,163
Other operating charges640/8€830
Gross operating margin9900€15,794
Operating profit (loss)9901€8,083
Financial income75/76B€46
Recurring financial income75€46
Financial charges65/66B€690
Recurring financial charges65€690
Profit (loss) for the period before taxes9903€7,438
Income taxes67/77€1,609
Profit (loss) for the period9904€5,829
Profit (loss) for the period to be appropriated9905€5,829
Appropriation of the result
Profit (loss) to be appropriated9906€5,829

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€2,719
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,163
Other operating charges640/8€830
Gross operating margin9900€15,794
Operating profit (loss)9901€8,083
Financial income75/76B€46
Recurring financial income75€46
Financial charges65/66B€690
Recurring financial charges65€690
Profit (loss) for the period before taxes9903€7,438
Income taxes67/77€1,609
Profit (loss) for the period9904€5,829
Profit (loss) for the period to be appropriated9905€5,829
Line2025
Assets
Total assets20/58€72,395
Fixed assets21/28€34,742
Tangible fixed assets22/27€34,742
Land and buildings22€19,344
Plant, machinery and equipment23€13,518
Furniture and vehicles24€1,880
Current assets29/58€37,653
Stocks and contracts in progress3€19,780
Stocks30/36€19,780
Amounts receivable within one year40/41€13,616
Trade receivables40€11,406
Other amounts receivable41€2,210
Cash at bank and in hand54/58€4,257
Equity and liabilities
Total equity and liabilities10/49€72,395
Equity10/15€8,829
Contributions10/11€3,000
Profit (loss) carried forward14€5,829
Amounts payable17/49€63,566
Amounts payable after more than one year17€13,706
Financial debts170/4€13,706
Amounts payable within one year42/48€49,753
Trade debts44€7,373
Suppliers440/4€7,373
Taxes, remuneration and social security45€6,649
Taxes450/3€6,510
Remuneration and social security454/9€139
Other amounts payable47/48€35,732
Accrued charges and deferred income492/3€107
Line2025
Profit (loss) for the period9904€5,829
+ Depreciation and write-downs630€4,163
Operating cash flow (approximation)€9,992

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 13-08-2026 2026-00396105

Similar companies · same sector, comparable size

Of the 3,174 active companies whose main activity is washing and cleaning of motor vehicles (NACE 95316), figures are known for 785. 487 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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