VERSIECK SANDER
ActiveSummary
VERSIECK SANDER has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €758k and a net result of €42k. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 95% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 26.13 against 20.27 in 2024; short-term debt: 2.3% and cash: 28.6% of total assets), and 2.3% 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
97.7%
Return on assets
5.5%
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
8 d late
2023
19 d late
2022
19 d early
2021
33 d early
2020
32 d early
2019
61 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, abbreviated schema
Equity
€758k▼ 0.5%
2024 · €762k
2018: €495k
2019: €541k
2020: €577k
2021: €606k
2022: €689k
2023: €735k
2024: €762k
2018 → 2025
Total assets
€775k▼ 1.0%
2024 · €783k
2018: €689k
2019: €727k
2020: €701k
2021: €714k
2022: €736k
2023: €782k
2024: €783k
2018 → 2025
Net result
€42k▼ 33.1%
2024 · €64k
2018: €35k
2019: €50k
2020: €39k
2021: €60k
2022: €85k
2023: €69k
2024: €64k
2018 → 2025
Working capital
€439k▲ 8.3%
2024 · €405k
2018: €246k
2019: €266k
2020: €238k
2021: €291k
2022: €322k
2023: €407k
2024: €405k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€606k-€689k▲ 13.7%€735k▲ 6.7%€762k▲ 3.6%€758k▼ 0.5%
Operating result€87k-€112k▲ 28.0%€92k▼ 17.8%€81k▼ 12.2%€75k▼ 7.4%
Net result€60k-€85k▲ 40.2%€69k▼ 18.5%€64k▼ 7.7%€42k▼ 33.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 7% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €775k
Fixed assets
€319k ▼ 10.6%
Current assets
€456k ▲ 7.1%
Equity and liabilities €775k
Equity
€758k ▼ 0.5%
Debt
€17k ▼ 17.0%
Debt's share of the balance-sheet total falls from 2.7% to 2.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€136k▼
2024 · €139k
Cash flow
€104k▼
2024 · €122k
Current ratio
26.13▲
2024 · 20.27
Quick ratio
25.42▲
2024 · 19.67
Debt to equity
0.02▼
2024 · 0.03
ROE
5.6%▼
2024 · 8.3%
ROA
5.5%▼
2024 · 8.1%
Interest coverage
6.01▼
2024 · 446.19
Debt ≤ 1 year
€17k▼
2024 · €21k
Income taxes
€17k▼
2024 · €23k
Staff costs
€170k▲
2024 · €160k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€783k€775k▼
Fixed assets21/28€357k€319k▼
Tangible fixed assets22/27€357k€319k▼
Land and buildings22€202k€179k▼
Plant, machinery and equipment23€15k€16k▲
Furniture and vehicles24€139k€124k▼
Current assets29/58€426k€456k▲
Stocks and contracts in progress3€13k€13k=
Stocks30/36€13k€13k=
Amounts receivable within one year40/41€54k€209k▲
Trade receivables40€32k€187k▲
Other amounts receivable41€23k€22k▼
Current investments50/53-€3k
Cash at bank and in hand54/58€349k€221k▼
Deferred charges and accrued income490/1€10k€10k▲
Equity and liabilities
Total equity and liabilities10/49€783k€775k▼
Equity10/15€762k€758k▼
Contributions10/11€20k€20k=
Reserves13€742k€738k▼
Distributable reserves133€742k€738k▼
Amounts payable17/49€21k€17k▼
Amounts payable within one year42/48€21k€17k▼
Trade debts44€15k€17k▲
Suppliers440/4€15k€17k▲
Taxes, remuneration and social security45€5k€400▼
Taxes450/3€4k€400▼
Remuneration and social security454/9€1k-
Other amounts payable47/48€1k-
Income statement
Code20242025
Remuneration, social security and pensions62€160k€170k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€62k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€304k€311k▲
Operating profit (loss)9901€81k€75k▼
Financial income75/76B€6k€7k▲
Recurring financial income75€6k€7k▲
Financial charges65/66B€311€23k▲
Recurring financial charges65€311€23k▲
Profit (loss) for the period before taxes9903€87k€59k▼
Income taxes67/77€23k€17k▼
Profit (loss) for the period9904€64k€42k▼
Profit (loss) for the period to be appropriated9905€64k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€42k▼
Transfer from equity791/2€37k€46k▲
Transfer to equity691/2€64k€42k▼
To other reserves6921€64k€42k▼
Profit to be distributed694/7€37k€46k▲
Return on contributions (dividend)694€37k€46k▲
Social balance
Average headcount (FTE)90872.32.3=
The notes to these accounts (5 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 · abbreviated schema · 27 days late
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 8 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 20.27
Current ratio from 9.61 to 20.27; short-term debt falls from €47k to €21k.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 19 days late
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €85k ▲40.2%
Operating result €112k, net result €85k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
31-12
Financial
Equity above €500kEq €541k ▲9.4%
2 profitable years in a row build equity to €541k.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Maldegem · 1 establishment unit since 2004
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.
Lindestraat 29990 MaldegemGround area
1,850 m²
Building footprint
565 m²
Volume, LiDAR
3,171 m³
Parcel 43010C0944/00D000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Geert en Sander Versieck
since 20042.144.388.205
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43010C0944/00D000 | Flanders | 1,850 m² | 1 · 565 m² | 6.9 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.
Similar companies · same sector, comparable size
M&M Investment
BE 0461.936.170
Lommel · Eq €757k
KACHELS ALBRECHT
BE 0477.199.913
Diksmuide · Eq €760k
Warmte technieker SCHRAEPEN
BE 0441.716.620
Beringen · Eq €755k
SUPER SANI
BE 0430.668.221
Comines-Warneton · Eq €761k
R & S SERVICE
BE 0452.635.850
As · Eq €762k
Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 3,504 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
Founded22-11-2004
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0474555241