Versim
ActiveSummary
Versim has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198k and a net result of €326k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 18% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▲+10
Solvency26▲+2
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.55 in 2024; short-term debt: 3% and cash: 0.3% of total assets), and 98.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
1.1%
Return on assets
1.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9194 sector peers (2025).
NBB · sector comparisonPosition among 9194 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
77 d early
2023
16 d early
2022
59 d early
2021
34 d early
2020
17 d early
2019
39 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€581k
EBIT margin
21.2%
Net result
€326k
2024 · €-328k
2018: €114k
2019: €90k
2020: €51k
2021: €4k
2022: €75k
2023: €1k
2024: €-328k
2018 → 2025
Working capital
€-406k▼ 95.9%
2024 · €-207k
2018: €-40k
2019: €-92k
2020: €-120k
2021: €-1.36M
2022: €-1.18M
2023: €-2.49M
2024: €-207k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€581k
Equity€122k-€198k▲ 61.6%€199k▲ 0.7%€-129k€198k
Operating result€77k-€123k▲ 60.4%€89k▼ 27.4%€-98k€678k
Net result€4k-€75k▲ 1,932%€1k▼ 98.2%€-328k€326k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €678k after a loss of €98k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.56M
Fixed assets
€17.45M ▼ 2.8%
Current assets
€114k ▼ 55.5%
Equity and liabilities €17.56M
Equity
€198k
Debt
€17.36M
Debt finances 98.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€1.18M▲
2024 · €844k
Cash flow
€825k▲
2024 · €614k
Current ratio
0.22▼
2024 · 0.55
Debt to equity
87.81
ROE
165.0%
ROA
1.9%▲
2024 · -1.8%
Interest coverage
3.35▲
2024 · 2.65
Debt ≤ 1 year
€520k▲
2024 · €463k
Debt > 1 year
€10.38M▼
2024 · €11.05M
Income taxes
€0▲
2024 · €-31
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€18.20M€17.56M▼
Fixed assets21/28€17.95M€17.45M▼
Tangible fixed assets22/27€9.38M€8.88M▼
Land and buildings22€0-
Plant, machinery and equipment23€19k€16k▼
Leasing and similar rights25€9.36M€8.86M▼
Financial fixed assets28€8.57M€8.57M=
Current assets29/58€255k€114k▼
Amounts receivable within one year40/41€5€64k▲
Other amounts receivable41€5€64k▲
Cash at bank and in hand54/58€255k€50k▼
Equity and liabilities
Total equity and liabilities10/49€18.20M€17.56M▼
Equity10/15€-129k€198k▲
Contributions10/11€80k€80k=
Capital10€80k€80k=
Issued capital100€80k€80k=
Reserves13€36k€117k▲
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Distributable reserves133€28k€109k▲
Profit (loss) carried forward14€-244k€718▲
Amounts payable17/49€18.33M€17.36M▼
Amounts payable after more than one year17€11.05M€10.38M▼
Financial debts170/4€11.05M€10.38M▼
Amounts payable within one year42/48€463k€520k▲
Current portion of amounts payable after more than one year42€404k€419k▲
Trade debts44€30k€99k▲
Suppliers440/4€30k€99k▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€29k€3k▼
Accrued charges and deferred income492/3€6.81M€6.46M▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€942k€499k▼
Other operating charges640/8€49k€50k▲
Gross operating margin9900€892k€1.23M▲
Operating profit (loss)9901€-98k€678k▲
Financial income75/76B€89k€0▼
Recurring financial income75€89k€0▼
Financial charges65/66B€319k€352k▲
Recurring financial charges65€319k€352k▲
Profit (loss) for the period before taxes9903€-328k€326k▲
Income taxes67/77€-31€0▲
Profit (loss) for the period9904€-328k€326k▲
Profit (loss) for the period to be appropriated9905€-328k€326k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-244k€82k▲
Profit (loss) brought forward from the previous period14P€84k€-244k▼
Transfer to equity691/2-€81k
To other reserves6921-€81k
The notes to these accounts (21 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €326k
Net result €326k after one loss-making year.
31-12
Financial
Equity above €150kEq €198k
Equity rises from €-129k to €198k.
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-328k ▼24579%
Net result drops to €-328k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €150kEq €198k ▲61.6%
5 profitable years in a row build equity to €198k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Nazareth-De Pinte · 1 establishment unit since 1979
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.
Kunstschildersweg 5B9840 Nazareth-De PinteGround area
1,019 m²
Building footprint
517 m²
Volume, LiDAR
2,473 m³
Parcel 44012B0721/00B000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kunstschildersweg 5B, 9840 Nazareth-De Pinte
since 19792.016.135.102
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44012B0721/00B000 | Flanders | 1,019 m² | 1 · 517 m² | 7.3 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).
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L. M. & D. PROJECT
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Friday
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WATT LEGAL CENTRE
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Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 4,250 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 formPublic limited company
Founded26-04-1979
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationGeneral meeting
Verslag raad van bestuur. Goedkeuring jaarrekening. Bestem- ming resultaat. Kwijting bestuurders. Benoeming bestuurders. Allerlei.