Verschueren Services
ActiveSummary
Verschueren Services has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282k and a net result of €44k. Equity is growing by ~53.6% per year across the filed fiscal years. Its solvency ranks better than 69% of 116 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▼-4
Solvency85▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 3.8 against 8.97 in 2024; short-term debt: 16.7% and cash: 7.2% of total assets), and 40.2% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Manufacture of chemicals and chemical products (NACE 20)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
59.8%
Return on assets
9.4%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
19 d late
2024
127 d early
2023
140 d early
2022
47 d early
2021
144 d early
2020
108 d early
2019
23 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€282k▲ 3.9%
2024 · €271k
2018: €15klowest in 8 years
2019: €38k▲ +160% vs 2018
2020: €44k▲ +14.7% vs 2019
2021: €79k▲ +79.0% vs 2020
2022: €158k▲ +101% vs 2021
2023: €222k▲ +39.9% vs 2022
2024: €271k▲ +22.3% vs 2023
2025: €282k▲ +3.9% vs 2024highest in 8 years
2018 → 2025
Total assets
€471k▲ 12.2%
2024 · €420k
2018: €55klowest in 8 years
2019: €75k▲ +36.5% vs 2018
2020: €95k▲ +27.1% vs 2019
2021: €277k▲ +192% vs 2020
2022: €353k▲ +27.3% vs 2021
2023: €388k▲ +10.1% vs 2022
2024: €420k▲ +8.2% vs 2023
2025: €471k▲ +12.2% vs 2024highest in 8 years
2018 → 2025
Net result
€44k▼ 13.8%
2024 · €51k
2018: €22klowest in 8 years
2019: €29k▲ +29.0% vs 2018
2020: €26k▼ -10.6% vs 2019
2021: €36k▲ +42.2% vs 2020
2022: €81k▲ +122% vs 2021highest in 8 years
2023: €65k▼ -20.0% vs 2022
2024: €51k▼ -21.0% vs 2023
2025: €44k▼ -13.8% vs 2024
2018 → 2025
Working capital
€221k▲ 2.3%
2024 · €216k
2018: €5klowest in 8 years
2019: €38k▲ +752% vs 2018
2020: €44k▲ +14.7% vs 2019
2021: €36k▼ -18.8% vs 2020
2022: €26k▼ -26.9% vs 2021
2023: €171k▲ +553% vs 2022
2024: €216k▲ +26.3% vs 2023
2025: €221k▲ +2.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€79k-€158k▲ 101%€222k▲ 39.9%€271k▲ 22.3%€282k▲ 3.9%
2021: €79klowest in 5 years
2022: €158k▲ +101% vs 2021
2023: €222k▲ +39.9% vs 2022
2024: €271k▲ +22.3% vs 2023
2025: €282k▲ +3.9% vs 2024highest in 5 years
Operating result€54k-€119k▲ 119%€88k▼ 26.3%€76k▼ 13.9%€64k▼ 16.0%
2021: €54klowest in 5 years
2022: €119k▲ +119% vs 2021highest in 5 years
2023: €88k▼ -26.3% vs 2022
2024: €76k▼ -13.9% vs 2023
2025: €64k▼ -16.0% vs 2024
Net result€36k-€81k▲ 122%€65k▼ 20.0%€51k▼ 21.0%€44k▼ 13.8%
2021: €36klowest in 5 years
2022: €81k▲ +122% vs 2021highest in 5 years
2023: €65k▼ -20.0% vs 2022
2024: €51k▼ -21.0% vs 2023
2025: €44k▼ -13.8% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €471k
Fixed assets
€172k ▼ 3.2%
Current assets
€300k ▲ 23.4%
Equity and liabilities €471k
Equity
€282k ▲ 3.9%
Debt
€190k ▲ 27.3%
Debt's share of the balance-sheet total rises from 35.4% to 40.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€69k▼
2024 · €81k
Cash flow
€50k▼
2024 · €57k
Current ratio
3.80▼
2024 · 8.97
Quick ratio
2.70▼
2024 · 8.29
Debt to equity
0.67▲
2024 · 0.55
ROE
15.7%▼
2024 · 18.9%
ROA
9.4%▼
2024 · 12.2%
Interest coverage
26.80▼
2024 · 27.36
Debt ≤ 1 year
€79k▲
2024 · €27k
Debt > 1 year
€111k▼
2024 · €121k
Income taxes
€21k▼
2024 · €25k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€420k€471k▲
Fixed assets21/28€177k€172k▼
Tangible fixed assets22/27€177k€172k▼
Land and buildings22€177k€172k▼
Plant, machinery and equipment23€485-
Current assets29/58€243k€300k▲
Amounts receivable after more than one year29€168k€162k▼
Other amounts receivable291€168k€162k▼
Stocks and contracts in progress3€18k€86k▲
Stocks30/36€18k€86k▲
Amounts receivable within one year40/41€3k€14k▲
Trade receivables40€3k€14k▲
Cash at bank and in hand54/58€51k€34k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€420k€471k▲
Equity10/15€271k€282k▲
Contributions10/11€8k€8k=
Reserves13€264k€274k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€262k€272k▲
Profit (loss) carried forward14-€132
Amounts payable17/49€149k€190k▲
Amounts payable after more than one year17€121k€111k▼
Financial debts170/4€121k€111k▼
Amounts payable within one year42/48€27k€79k▲
Current portion of amounts payable after more than one year42€10k€11k▲
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€9k€17k▲
Taxes450/3€9k€17k▲
Other amounts payable47/48€3k€47k▲
Accrued charges and deferred income492/3€715-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€85k€72k▼
Operating profit (loss)9901€76k€64k▼
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€77k€65k▼
Income taxes67/77€25k€21k▼
Profit (loss) for the period9904€51k€44k▼
Profit (loss) for the period to be appropriated9905€51k€44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€44k▼
Transfer from equity791/2€5€29k▲
Transfer to equity691/2€49k€39k▼
To other reserves6921€49k€39k▼
Profit to be distributed694/7€2k€34k▲
Return on contributions (dividend)694€2k€34k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €6k | €6k | €6k | €6k | ▼ 0.8% |
| Other operating charges640/8 | - | €2k | €3k | €3k | €3k | ▼ 4.0% |
| Gross operating margin9900 | €77k | €127k | €96k | €85k | €72k | ▼ 14.5% |
| Operating profit (loss)9901 | €54k | €119k | €88k | €76k | €64k | ▼ 16.0% |
| Financial income75/76B | - | €6k | €12k | €4k | €4k | ▲ 8.5% |
| Recurring financial income75 | €3k | €6k | €12k | €4k | €4k | ▲ 8.5% |
| Financial charges65/66B | - | €5k | €3k | €3k | €3k | ▼ 13.1% |
| Recurring financial charges65 | €2k | €5k | €3k | €3k | €3k | ▼ 13.1% |
| Profit (loss) for the period before taxes9903 | €55k | €121k | €97k | €77k | €65k | ▼ 14.8% |
| Income taxes67/77 | €19k | €40k | €32k | €25k | €21k | ▼ 16.6% |
| Profit (loss) for the period9904 | €36k | €81k | €65k | €51k | €44k | ▼ 13.8% |
| Profit (loss) for the period to be appropriated9905 | €36k | €81k | €65k | €51k | €44k | ▼ 13.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €277k | €353k | €388k | €420k | €471k | ▲ 12.2% |
| Fixed assets21/28 | €194k | €274k | €183k | €177k | €172k | ▼ 3.2% |
| Tangible fixed assets22/27 | €194k | €189k | €183k | €177k | €172k | ▼ 3.2% |
| Land and buildings22 | - | €187k | €182k | €177k | €172k | ▼ 2.9% |
| Plant, machinery and equipment23 | - | €2k | €1k | €485 | - | - |
| Financial fixed assets28 | - | €85k | - | - | - | - |
| Current assets29/58 | €83k | €79k | €205k | €243k | €300k | ▲ 23.4% |
| Amounts receivable after more than one year29 | - | - | €135k | €168k | €162k | ▼ 3.6% |
| Other amounts receivable291 | - | - | €135k | €168k | €162k | ▼ 3.6% |
| Stocks and contracts in progress3 | €20k | €17k | €25k | €18k | €86k | ▲ 370% |
| Stocks30/36 | - | €17k | €25k | €18k | €86k | ▲ 370% |
| Amounts receivable within one year40/41 | €12k | €17k | €5 | €3k | €14k | ▲ 316% |
| Trade receivables40 | - | €17k | - | €3k | €14k | ▲ 316% |
| Other amounts receivable41 | - | €4 | €5 | - | - | - |
| Current investments50/53 | €19k | €30k | - | - | - | - |
| Cash at bank and in hand54/58 | €31k | €15k | €45k | €51k | €34k | ▼ 33.7% |
| Deferred charges and accrued income490/1 | - | €132 | €139 | €2k | €3k | ▲ 61.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €277k | €353k | €388k | €420k | €471k | ▲ 12.2% |
| Equity10/15 | €79k | €158k | €222k | €271k | €282k | ▲ 3.9% |
| Contributions10/11 | - | €8k | €8k | €8k | €8k | = |
| Reserves13 | €71k | €151k | €214k | €264k | €274k | ▲ 3.9% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €149k | €212k | €262k | €272k | ▲ 3.9% |
| Profit (loss) carried forward14 | - | - | - | - | €132 | - |
| Amounts payable17/49 | €198k | €194k | €167k | €149k | €190k | ▲ 27.3% |
| Amounts payable after more than one year17 | €151k | €141k | €132k | €121k | €111k | ▼ 8.6% |
| Financial debts170/4 | - | €141k | €132k | €121k | €111k | ▼ 8.6% |
| Amounts payable within one year42/48 | €47k | €53k | €34k | €27k | €79k | ▲ 191% |
| Current portion of amounts payable after more than one year42 | - | €11k | €10k | €10k | €11k | ▲ 10.2% |
| Trade debts44 | €185 | €2k | €59 | €5k | €3k | ▼ 38.8% |
| Suppliers440/4 | - | €2k | €59 | €5k | €3k | ▼ 38.8% |
| Taxes, remuneration and social security45 | - | €38k | €20k | €9k | €17k | ▲ 87.8% |
| Taxes450/3 | - | €38k | €20k | €9k | €17k | ▲ 87.8% |
| Other amounts payable47/48 | - | €2k | €4k | €3k | €47k | ▲ 1,776% |
| Accrued charges and deferred income492/3 | - | - | - | €715 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €81k | €65k | €51k | €44k | ▼ 13.8% |
| + Depreciation and write-downs630 | €21k | €6k | €6k | €6k | €6k | ▼ 0.8% |
| Operating cash flow (approximation) | €58k | €87k | €71k | €57k | €50k | ▼ 12.5% |
| Investment in fixed assets (approximation) | - | €-85k | €85k | €0 | €0 | - |
| Change in cash | - | €-17k | €30k | €6k | €-17k | ▼ 366% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 5.96
Current ratio from 1.49 to 5.96; short-term debt falls from €53k to €34k.
31-12
Financial
Equity above €200kEq €222k ▲39.9%
6 profitable years in a row build equity to €222k.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €81k ▲122%
Operating result €119k, net result €81k, both a record.
31-12
Financial
Equity above €150kEq €158k ▲101%
5 profitable years in a row build equity to €158k.
09-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Kapellen · 1 establishment unit since 2007
Ground area
296 m²
Building footprint
186 m²
Volume, LiDAR
967 m³
Parcel 11023A0008/00C000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Verschueren Services
since 20072.160.682.522
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023A0008/00C000 | Flanders | 296 m² | 1 · 186 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
9676009W8LA30V0EUA88
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Of 230 companies in sector 20590 we hold annual accounts for 169. 72 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded20-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
20590Manufacture of chemicals and chemical products
Scores and ratios are computed by Checked and are not a credit decision.