VERSCHUEREN CHAREL
ActiveSummary
VERSCHUEREN CHAREL has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €545k and a net result of €162k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▼-1
Solvency89▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.79 against 5.66 in 2024; short-term debt: 35.8% and cash: 0.2% of total assets), and 35.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.2%
Return on assets
19.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
29 d late
2023
29 d late
2022
31 d late
2021
29 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€545k▼ 16.8%
2024 · €656k
2018: €256k
2019: €334k
2020: €412k
2021: €433k
2022: €522k
2023: €595k
2024: €656k
2018 → 2025
Total assets
€849k▲ 6.7%
2024 · €796k
2018: €278k
2019: €455k
2020: €478k
2021: €522k
2022: €568k
2023: €668k
2024: €796k
2018 → 2025
Net result
€162k▲ 2.5%
2024 · €158k
2018: €75k
2019: €78k
2020: €128k
2021: €93k
2022: €122k
2023: €126k
2024: €158k
2018 → 2025
Working capital
€544k▼ 16.8%
2024 · €654k
2018: €255k
2019: €318k
2020: €397k
2021: €422k
2022: €516k
2023: €593k
2024: €654k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€433k-€522k▲ 20.7%€595k▲ 13.9%€656k▲ 10.2%€545k▼ 16.8%
Operating result€116k-€160k▲ 38.3%€166k▲ 3.5%€198k▲ 19.2%€188k▼ 4.8%
Net result€93k-€122k▲ 31.0%€126k▲ 3.2%€158k▲ 25.8%€162k▲ 2.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €849k
Fixed assets
€975 ▼ 30.1%
Current assets
€848k ▲ 6.7%
Equity and liabilities €849k
Equity
€545k ▼ 16.8%
Debt
€304k ▲ 116%
Debt's share of the balance-sheet total rises from 17.6% to 35.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€188k▼
2024 · €198k
Cash flow
€163k▲
2024 · €159k
Current ratio
2.79▼
2024 · 5.66
Quick ratio
2.79▼
2024 · 5.65
Debt to equity
0.56▲
2024 · 0.21
ROE
29.7%▲
2024 · 24.1%
ROA
19.1%▼
2024 · 19.9%
Interest coverage
1299.46▲
2024 · 287.67
Debt ≤ 1 year
€304k▲
2024 · €140k
Income taxes
€59k▲
2024 · €57k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€796k€849k▲
Fixed assets21/28€1k€975▼
Tangible fixed assets22/27€1k€975▼
Plant, machinery and equipment23€95-
Other tangible fixed assets26€1k€975▼
Current assets29/58€795k€848k▲
Amounts receivable after more than one year29€410k€390k▼
Other amounts receivable291€410k€390k▼
Stocks and contracts in progress3€1k€502▼
Stocks30/36€1k€502▼
Amounts receivable within one year40/41€119k€231k▲
Trade receivables40€40k€35k▼
Other amounts receivable41€79k€195k▲
Current investments50/53€200k€200k=
Cash at bank and in hand54/58€51k€2k▼
Deferred charges and accrued income490/1€14k€25k▲
Equity and liabilities
Total equity and liabilities10/49€796k€849k▲
Equity10/15€656k€545k▼
Contributions10/11€61k€61k=
Reserves13€595k€484k▼
Distributable reserves133€595k€484k▼
Amounts payable17/49€140k€304k▲
Amounts payable within one year42/48€140k€304k▲
Trade debts44€22k€4k▼
Suppliers440/4€22k€4k▼
Taxes, remuneration and social security45€24k€41k▲
Taxes450/3€24k€41k▲
Other amounts payable47/48€94k€259k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€660€420▼
Other operating charges640/8€505€454▼
Gross operating margin9900€199k€189k▼
Operating profit (loss)9901€198k€188k▼
Financial income75/76B€18k€33k▲
Recurring financial income75€18k€33k▲
Financial charges65/66B€689€145▼
Recurring financial charges65€689€145▼
Profit (loss) for the period before taxes9903€215k€221k▲
Income taxes67/77€57k€59k▲
Profit (loss) for the period9904€158k€162k▲
Profit (loss) for the period to be appropriated9905€158k€162k▲
Appropriation of the result
Profit (loss) to be appropriated9906€158k€162k▲
Transfer from equity791/2€75k€250k▲
Transfer to equity691/2€136k€140k▲
To other reserves6921€136k€140k▲
Profit to be distributed694/7€97k€273k▲
Return on contributions (dividend)694€75k€250k▲
Directors or managers695€23k€23k=
The notes to these accounts (6 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Highest result since 2018net €162k ▲2.5%
Net result €162k, the highest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 12.30
Current ratio from 5.72 to 12.30; short-term debt falls from €89k to €46k.
31-12
Financial
Equity above €500kEq €522k ▲20.7%
5 profitable years in a row build equity to €522k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Merksplas · 1 establishment unit since 2006
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.
Hoevestraat 542330 MerksplasGround area
2,404 m²
Building footprint
148 m²
Volume, LiDAR
816 m³
Parcel 13023D0404/00K002, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Verschueren Charel
since 20062.157.760.743
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13023D0404/00K002 | Flanders | 2,403 m² | 1 · 148 m² | 9.1 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900LLMVOQ0XNNXN34
Similar companies · same sector, comparable size
Tisaco
BE 0731.674.265
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Verisol
BE 0811.725.001
Lummen · Eq €545,203
WINGMAN
BE 0472.941.415
Zele · Eq €545,511
DENEFFE FRANCIS ET FILS
BE 0890.442.479
Libramont-Chevigny · Eq €544,917
ELECTRO DAVID
BE 0423.131.222
Kortrijk · Eq €544,730
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 6,263 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-11-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
25530Machining of metals
42110Construction of roads and motorways
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:verschueren.charel@telenet.be
Phone:0494 24 69 25