Skip to content

VERSION 9

Active Public limited companyfounded 1996active for 30 yearsRue Henri Grenier 76, 1350 Orp-JaucheKBO/BCE: BE 0458.110.412 subsidiary of VERSION 9 INVEST
VERSION 9
Follow ReportCompare

Overview

Lifetime

20 annual accounts with figures on one time axis, 30 filings since 1996
Gross marginpeak €233,507 (2013)
€106,820▲ 140%
Resultlowest -€40,400 (2006)
€54,089▲ 163%
Equitypeak €623,986 (2025)
€623,986▲ 9.5%
Debts
€40,501▼ 74.3%
Staffpeak 1 FTE (2019)
0.5 FTE 
Board3 names since 2021
1 directorVERSION 9 INVEST
Owners
100%VERSION 9 INVEST
Documentsfilings and deeds
17-08-202617 days late
2025financial year
Gross margin from €44,553 to €106,820Result from €20,594 to €54,089Debts from €157,869 to €40,501

Key points

from the 2025 annual accounts

Equity

€623,986 ▲ 9.5%

VERSION 9 has made a profit without a break since 2017.

Liquidity

16.63 was 4.57 in 2024

Short-term debts fell from €156,858 to €39,744.

Filings

30 annual accounts since 1996
AprilJune31 JulyOctober200020102020

Nine of the last ten came late. The 2019 accounts came latest: 87 days after the end of the period.

Checked score

98
Excellent
Financially stronger than 82% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

Solvency
100=equity 93.9% of total assets
Liquidity
100+7short-term debt 6.0% · cash 75.9%
Profitability
79+7return on assets 8.1%

Score breakdown

lowers risk
Liquidity: current ratio 16.63, cash €504,044
Equity €623,986 (93.9% of total assets)
Size: 0.5 FTE, total assets €664,487
Founded in 1996
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 98% on liquidity, 76% on profitability and 65% on growth.

The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as VERSION 9 has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of VERSION 9 itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for VERSION 9. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €60,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 16.63 (4.57 in 2024), above the usual 1.5. Short-term debt is 6% and cash 75.9% of total assets. 6.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 16.63, cash €504,044
NBB · annual accounts
lowers risk · Equity €623,986 (93.9% of total assets)
NBB · annual accounts
lowers risk · Size: 0.5 FTE, total assets €664,487
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1996
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 17 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
17 days late
2024
29 days late
2023
26 days late
2022
30 days late
2021
19 days late
2020
26 days late
2019
87 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VI
VERSION 9 INVEST
Director, DE COOMAN Ralph Walter Vincent Christian Isabeau, since 01-07-2022
  • VERSION 9 INVEST 100%equity €98,483 (2025) · 2025 annual accounts of VERSION 9 INVEST
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0458110412
Registered office moved from Wavre to Orp-Jauche New registered office: Rue Henri Grenier 76, 1350 Orp-Jauche · Previous registered office: Avenue de la Warche 16, 1300 Wavre · Resignations: DE COOMAN Ralph Walter Vincent Christian Isabeau (director) and DE COOMAN Jean-Pierre (director) · General meeting of 01-07-2022 · Gazette deed
First establishment Rue Henri Grenier 76, Orp-Jauche
Incorporation published on 25-06-1996 · Gazette deed
All 45 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
VERSION 9 Orp-Jauche €664,487 €106,820 93.9% 0.5
HET KAPITTELHOF Roeselare €990,922 €140,066 3.8% 0.7
ESTATE MANAGEMENT Waterloo €870,953 €239,259 63.4% 0.2
LUJUAR Braine-l'Alleud €812,467 €142,234 17.1% 0.5
ONYX INVEST Ravels €758,858 €93,890 74.4% 0.4
DARAC Balen €603,791 €96,195 93.4% 1
MARTENS BESTRATINGEN Wuustwezel €451,177 €112,206 53.2% 1

These companies have the same main activity as VERSION 9: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €451,000 and €991,000, founded between 1988 and 2007.

Official details

Source: KBO
Status
Active since 29-05-1996Normal situation
Activity
Buying and selling of own real estateNACE 68110and 1 other
Establishment unit
2.077.533.2311350 Orp-Jauche, since 30-07-1996
Financial year end
31 December
Peppol
Reachable since 31-12-2025
Company details

Annual accounts 2025

Gross margin
€106,820▲ 140%
Turnover
≈ €230,000estimated
Profit
€54,089▲ 163%
Equity
€623,986▲ 9.5%
Total assets
€664,487▼ 8.7%
Staff
0.5 FTE
Filing
Filed on 17-08-2026
Financials

Insights on VERSION 9

VERSION 9 has existed since 1996. In 2013 the gross margin rose from €26,683 to €233,507.

Solvency rose in 2025 from 78.3% to 93.9% because of the retained profit and lower debts.

VERSION 9 INVEST holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 17-08-2026, 17 days late
Gross margin
€106,820
▲ 140%
Operating result
€73,534
▲ 160%
EBITDA
€83,129
▲ 102%
Cash flow
€63,685
▲ 90.2%
Solvency
93.9%
▲ 15.6 percentage points
Current ratio
16.63
▲ 12.06

Money flows

no detail for 2025

Balance sheet

balance sheet total €664,487 on 31-12-2025
What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Position in the sector

Compare with sector

Solvency93.9%

Higher than 90% of 5,803 companies in 2025.

Current ratio16.63

Higher than 91% of 5,554 companies in 2025.

Return on assets8.1%

Higher than 85% of 5,777 companies in 2025.

VERSION 9 Middle half of the sector 80% of the sector Full accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half · Staff: middle half

Staff

Staff cost per FTE€39,009

Staff costs divided by the average number of full-time equivalents.

Joined and left+0

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
Total assets20/58 664,487727,765669,912744,596461,613338,996315,556561,367385,563322,696279,151346,169393,340112,63987,92661,662101,575132,87975,74699,979
Formation expenses20 ----0000000000000000
Fixed assets21/28 3,45110,34125,62840,51152,78637,51016,18415,07125,83336,59518,14825,0208,2535,2387,71815,04516,62623,85418,0253,484
Tangible fixed assets22/27 3,45110,34122,11335,34148,16831,23813,22212,10922,87133,63315,18622,0585,2912,3944,98612,35616,43623,85418,0253,484
Plant, machinery and equipment23 2,8131,3921,2471,92700000009172,5962,3941,4971,0531,8810124247
Furniture and vehicles24 6388,94920,86733,41448,16831,23813,22212,10922,87133,63315,18621,1412,69503,48911,30314,55523,85417,9023,237
Financial fixed assets28 --3,5155,1704,6176,2722,9622,9622,9622,9622,9622,9622,9622,8442,7322,688190---
Current assets29/58 661,035717,425644,284704,085408,827301,485299,372546,296359,730286,101261,003321,149385,087107,40080,20846,61784,949109,02557,72096,495
Stocks and contracts in progress3 133,795131,667138,591-0153,880153,880524,139325,651252,586233,528230,210205,21485,82645,82620,00020,00020,00047,72047,720
Stocks30/36 133,795131,667138,591-0153,880153,880524,139325,651252,586233,528230,210205,21485,82645,82620,00020,00020,00047,72047,720
Amounts receivable within one year40/41 21,36560,73257,485115,45951,78213,80922,19212,61019,11511,3308,3032,86930,05714,8766,8647,5697,8109,5998,96512,965
Trade receivables40 9,11935,98620,87861,88528,7826,98416,4741,37813,2052,1568,303024,0188,0192,7571,8052,5551,1238,95312,952
Other amounts receivable41 12,24524,74636,60753,57423,0006,8245,71811,2335,9109,17402,8696,0396,8564,1075,7635,2558,4771212
Cash at bank and in hand54/58 504,044522,629447,528587,801355,819131,211121,5889,20114,56521,74917,41186,737149,5985,26127,01618,71156,89278,9991,03635,811
Deferred charges and accrued income490/1 1,8322,3976808251,2252,5851,7113453984361,7611,3342181,438501338248427--
Balance sheet: equity and liabilities
Total equity and liabilities10/49 664,487727,765669,912744,596461,613338,996315,556561,367385,563322,696279,151346,169393,340112,63987,92661,662101,575132,87975,74699,979
Equity10/15 623,986569,897549,303485,061365,971300,387281,219230,974222,304220,066245,755241,189221,05861,07050,49050,59186,07474,23836,59111,683
Contributions10/11 61,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,973
Capital10 61,97361,97361,97361,97361,973---------------
Issued capital100 61,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,973
Contributions outside capital11 ----0---------------
Other1109/19 ----0---------------
Reserves13 35,19735,19735,19735,19735,19735,19717,19717,19714,19714,19714,19714,1976,1971,3431,3431,3431,343751751751
Non-distributable reserves130/1 6,1976,1976,1976,1976,1976,197--------------
Legal reserve130 6,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1971,3431,3431,3431,343751751751
Distributable reserves133 29,00029,00029,00029,00029,00029,00011,00011,0008,0008,0008,0008,000--------
Profit (loss) carried forward14 526,815472,726452,132387,891268,800203,216202,048151,803146,134143,896169,585165,018152,887-2,246-12,827-12,72522,75811,514-26,134-51,041
Amounts payable17/49 40,501157,869120,610259,53595,64238,60934,338330,393163,258102,63033,396104,980172,28351,56837,43611,07115,50158,64039,15588,296
Amounts payable after more than one year17 -1,01110,02821,95033,75605,39610,77320,70835,73114,028--04235,58610,51710,51715,244-
Financial debts170/4 -1,01110,02821,95033,75605,39610,77320,70835,73114,028--04235,58610,51710,51715,244-
Amounts payable within one year42/48 39,744156,858110,581237,58561,88538,60925,900319,619141,61063,80419,368104,980166,94251,46337,0135,4854,98448,12323,91088,296
Current portion of amounts payable after more than one year42 1,0119,01711,92111,84211,7935,3965,377259,935109,84654,5804,580--001,17304,7274,499-
Financial debts43 ---------02,071---------
Credit institutions430/8 ---------02,071---------
Trade debts44 31,431131,24683,631165,82211,93512,10414,08810,29521,6979499,25724,22739,1221,6764,4942,44631113,2007,06272,034
Suppliers440/4 31,431131,24683,631165,82211,93512,10414,08810,29521,6979499,25724,22739,1221,6764,4942,44631113,2007,06272,034
Advances received on contracts in progress46 -10,60010,600-----------------
Taxes, remuneration and social security45 1,509-1,12826,22936,02721,0294,3871,4261,1694,5042,30380,24977,9032,6091708301,0954,2493,6717,115
Taxes450/3 --1,12826,2295,7402,0417779345075081,10377,30076,7322510-04,2493,6717,115
Remuneration and social security454/9 1,509---30,28718,9883,6104926623,9961,2002,9491,1712,3581708301,095000
Other amounts payable47/48 5,7945,9953,30133,6922,130792,04747,9648,8983,7721,15750549,91847,17832,3491,0363,57925,9488,6799,147
Accrued charges and deferred income492/3 757----03,04209403,095-05,340105------
Income statement
Turnover70 ----584,237327,722670,92062,314153,112122,642145,706143,844693,327113,21184,54767,872-56,376141,944141,695
Non-recurring operating income76A -----------4719,262-248---0-
Gross operating margin9900 106,82044,553100,731185,50387,19478,075103,25631,95722,502-3,88819,75931,458233,50726,68322,578-7,53726,574-7034,829-33,513
Goods, raw materials, services and sundry goods60/61 ----502,059256,090609,669231,700206,715148,867125,947112,386459,82186,52861,96975,409-56,446107,115175,209
Remuneration, social security and pensions62 19,5052,7281,0558,50819,60110,2696,5815,3622,0033,2581,0634823,22313,06112,2398,1167,104--3,377
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 9,59512,88913,22712,83012,92111,1177,63110,76210,76210,8956,8717,6342,9244,8799,04614,08010,74510,4815,2501,844
Other operating charges640/8 4,1866401,3525,8472,3692,0152,7672,8263,2833,1833,2532,7295,1661,1622,0321,4501,0421,4111,6131,309
Non-recurring operating charges66A ----0-500-----------1,841-
Operating profit (loss)9901 73,53428,29585,097158,31852,30354,67485,77713,0086,455-21,2248,57220,613222,1947,582-739-31,1837,683-11,96227,966-40,043
Financial income75/76B 1,4371,3821,5462,16716948743238131,0169041254843,15162,30717-
Recurring financial income75 1,4371,3821,5462,16716948743238131,0169041254843,15162,30717-
Financial charges65/66B 1,3358171,0131,6461,8107996,1152,3894,2192,9109015275,7725916328051,2171,1931,231357
Recurring financial charges65 1,3358171,0131,6461,8107996,1152,3894,2192,9109015275,7725916328051,2171,1931,231357
Profit (loss) for the period before taxes9903 73,63628,86085,630158,83850,50953,96980,53510,6512,239-24,0537,67421,150236,5887,003-575-31,9839,61749,15224,910-40,400
Income taxes67/77 19,5478,26621,38939,748-15,07534,80030,2911,98111,6363,1071,01976,600-3,578-4743,500-2,21911,5043-
Profit (loss) for the period9904 54,08920,59464,241119,09065,58419,16850,2458,6702,238-25,6894,56720,131159,98710,581-101-35,48311,83637,64824,908-40,400
Profit (loss) for the period to be appropriated9905 54,08920,59464,241119,09065,58419,16850,2458,6702,238-25,6894,56720,131159,98710,581-101-35,48311,83637,64824,908-40,400
Appropriation of the result
Profit (loss) to be appropriated9906 526,815472,726452,132387,891268,800221,216202,048154,803146,134143,896169,585173,018157,742-2,246-12,827-12,72523,34911,514-26,134-51,041
Profit (loss) brought forward from the previous period14P 472,726452,132387,891268,800203,216---------------
Transfer to equity691/2 -----18,000-3,000---8,0004,854---592---
To the legal reserve6920 ------------4,854---592---
To other reserves6921 -----18,000-3,000---8,000--------
Social balance sheet
Average staff (FTE)9087 0.5-012110.80.30.30.20.60.6-------
Hours worked1013 ---1,0801,9441,2001,3441,5603924642641201,376-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 17-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 17 days after the deadline. Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00402143.

Financial year Type Filed Reference Document
31-12-2025 full format 17-08-2026 2026-00402143 PDF
31-12-2024 full format 29-08-2025 2025-00446428 PDF
31-12-2023 full format 26-08-2024 2024-00388484 PDF
31-12-2022 micro format 30-08-2023 2023-00400689 PDF
31-12-2021 micro format 19-08-2022 2022-20303952 PDF
31-12-2020 micro format 26-08-2021 2021-55200455 PDF
31-12-2019 micro format 26-10-2020 2020-63200040 PDF
31-12-2018 micro format 08-08-2019 2019-44600498 PDF
31-12-2017 full format 31-07-2018 2018-41000235 PDF
31-12-2016 full format 23-08-2017 2017-46700214 PDF
31-12-2015 full format 23-08-2016 2016-45900483 PDF
31-12-2014 full format 31-08-2015 2015-53600231 PDF
31-12-2013 full format 28-09-2014 2014-60600340 PDF
31-12-2012 full format 30-08-2013 2013-52100181 PDF
31-12-2011 full format 13-08-2012 2012-40300030 PDF
31-12-2010 full format 04-08-2011 2011-38100038 PDF
31-12-2009 full format 29-07-2010 2010-35700379 PDF
31-12-2008 full format 10-08-2009 2009-55900259 PDF
31-12-2007 full format 08-08-2008 2008-54900350 PDF
31-12-2006 full format 07-08-2007 2007-54800162 PDF
31-12-2005 full format 29-08-2006 2006-70204629 PDF
31-12-2004 full format 29-09-2005 2005-75003764 PDF
31-12-2003 full format 22-11-2004 2004-80101383 PDF
31-12-2002 full format 11-01-2005 2005-00804009 PDF
31-12-2001 full format 20-09-2002 2002-57603802 PDF
31-12-2000 full format 06-08-2001 2001-48405246 PDF
31-12-1999 full format 04-07-2000 2000-36803868 PDF
31-12-1998 full format 31-08-1999 1999-43603304 PDF
31-12-1997 full format 31-08-1998 1998-43604595 PDF
31-12-1996 full format 30-06-1997 1997-24701080 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
EBITDA 83,12941,18598,324171,14865,22565,79193,40723,77017,217-10,32915,44328,246225,11712,4618,307-17,10318,428-1,48133,216-38,199
Cash flow 63,68533,48377,469131,92178,50630,28557,87619,43213,000-14,79411,43827,764162,91115,4608,944-21,40322,58148,12930,158-38,556
Investment in fixed assets (approximation) 2,7061,117-1,6554,05329,85232,4438,7440029,342024,4005,9392,3991,71912,4983,51816,31021,6333,133
Change in cash -18,58575,101-140,273231,981224,6089,623112,388-5,365-7,1844,338-69,325-62,861144,337-21,7558,305-38,181-22,10777,963-34,775-
Working capital 621,291560,567533,703466,500346,942262,877273,473226,676218,119222,297241,635216,169218,14555,93743,19441,13279,96560,90233,8108,199
EBIT margin ----9.0%16.7%12.8%20.9%4.2%-17.3%5.9%14.3%32.0%6.7%-0.9%-45.9%--21.2%19.7%-28.3%
Solvency 93.9%78.3%82.0%65.1%79.3%88.6%89.1%41.1%57.7%68.2%88.0%69.7%56.2%54.2%57.4%82.0%84.7%55.9%48.3%11.7%
Current ratio 16.634.575.832.966.617.8111.561.712.544.4813.483.062.312.092.178.5017.042.272.411.09
Quick ratio 13.273.734.572.966.613.825.620.070.240.531.420.871.080.420.934.8513.031.850.420.55
Debt to equity 0.060.280.220.540.260.130.121.430.730.470.140.440.780.840.740.220.180.791.077.56
ROE 8.7%3.6%11.7%24.6%17.9%6.4%17.9%3.8%1.0%-11.7%1.9%8.3%72.4%17.3%-0.2%-70.1%13.8%50.7%68.1%-345.8%
ROA 8.1%2.8%9.6%16.0%14.2%5.7%15.9%1.5%0.6%-8.0%1.6%5.8%40.7%9.4%-0.1%-57.5%11.7%28.3%32.9%-40.4%
Interest coverage 62.2850.4297.10over 10036.04---------------
Customer credit ----18 days8 days9 days8 days31 days6 days21 days0 days13 days26 days12 days10 days-7 days23 days33 days
Supplier credit ----9 days17 days8 days16 days38 days2 days27 days79 days31 days7 days26 days12 days-85 days24 days150 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date---12
full-time---12
in full-time equivalents---12
Average over the year, in full-time equivalents0.5-012
Joined81104
Left82213
Training hours----723

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€2,706€1,117-€3,500€29,852
Financial fixed assets---€553-
Depreciation and write-downs of the year€9,595€12,889€13,227€12,830€12,921

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on VERSION 9

The operating result for 2025 is 160% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 21.7% to 6.1%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2022
VERSION 9 INVEST
Sole director, permanent representative DE COOMAN Ralph Walter Vincent Christian Isabeau
since 01-07-2022 term until 30-06-2028
listed in the 2025 annual accounts, filed on 17-08-2026
Permanent representatives 1
DE COOMAN Ralph Walter Vincent Christian Isabeau
Permanent representative, for VERSION 9 INVEST
appointed by deed of 18-07-2022

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
VERSION 9 INVEST
Sole director
DE COOMAN Jean-Pierre
Director
DE COOMAN Ralph Walter Vincent Christian Isabeau
Director
BoardEarlierRest of the termmandate already running before its first mention
Mandates as a list
  • VERSION 9 INVEST
    • Sole director, from 01-07-2022 to date
  • DE COOMAN Jean-Pierre
    • Director, from before 31-12-2021 to 18-07-2022
  • DE COOMAN Ralph Walter Vincent Christian Isabeau
    • Director, until 18-07-2022

See the board, name and registered office on a given date →

Control

Parent
VERSION 9 INVEST
Equity €98,483
Profit €85,711 in 2025 (profit €89,771 in 2024)
Source: accounts VERSION 9 INVEST 2025
100%
This company
VERSION 9
Equity €623,986
Profit €54,089 in 2025

Capital

Capital
€61,973.38
Shares
1,000
Contribution per share
€61.97
Equity per share
€624 in 2025
Source
deed of 18-07-2022

Owners through the years

as the annual accounts name them
VERSION 9 INVEST
100%
100%
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 18-07-2022 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of May at 17:00

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 18-07-2022 ↗
  • VERSION 9 INVEST all shares
Capital over time
  1. 18-07-2022 Capital stated in the deed · €61,973.38 · 1,000 shares

Network & group

Group

VERSION 9 INVEST has 1 direct subsidiary (2025 accounts), the bar shows equity in euros
ParentVERSION 9 INVEST1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

  • BE Version 9 €623,986 result €54,089

Source: list of holdings in the 2025 accounts of VERSION 9 INVEST. Every holding stands with its own latest accounts.

Connections & network

1 current director
Depth

The network starts from the directors of VERSION 9. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

45 events since 1996

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBfull format · 17 days late
2025
Liquidity more than triples current ratio 16.63 The current ratio rises from 4.57 to 16.63. Short-term debt falls from €156,858 to €39,744.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0458110412
Annual accounts 2024 filed PDFfull format · 29 days late
2024
Annual accounts 2023 filed PDFfull format · 26 days late
2023
Equity above €500,000 equity €549,303 ▲13.2% After 7 profitable years in a row, equity reaches €549,303.
Annual accounts 2022 filed PDFmicro format · 30 days late
2022
Annual accounts 2021 filed PDFmicro format · 19 days late
Registered office moved from Wavre to Orp-JaucheNew registered office: Rue Henri Grenier 76, 1350 Orp-Jauche · Previous registered office: Avenue de la Warche 16, 1300 Wavre · Resignations: DE COOMAN Ralph Walter Vincent Christian Isabeau (director) and DE COOMAN Jean-Pierre (director) · General meeting of 01-07-202212 points ▸
  • Power of attorney, Edouard-Jean NAVEZ
  • Registered office clause, Rue Henri Grenier 76, 1350 Orp-Jauche
  • Director resignation, DE COOMAN Ralph Walter Vincent Christian Isabeau
  • Director resignation, DE COOMAN Jean-Pierre
  • Director discharge, DE COOMAN Ralph Walter Vincent Christian Isabeau
  • Director discharge, DE COOMAN Jean-Pierre
  • Director appointment, VERSION 9 INVEST (sole director)
  • Permanent representative, DE COOMAN Ralph Walter Vincent Christian Isabeau
  • General meeting, 01-07-2022
  • VERSION 9 INVEST holds all the shares
  • Registered-office move, Rue Henri Grenier 76, 1350 Orp-Jauche
  • Capital, €61,973.38, 1,000 shares
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2021
Annual accounts 2020 filed PDFmicro format · 26 days late
2020
Annual accounts 2019 filed PDFmicro format · 87 days late
2019
Liquidity more than 6 times current ratio 11.56 The current ratio rises from 1.71 to 11.56. Short-term debt falls from €319,619 to €25,900.
Annual accounts 2018 filed PDFmicro format · 8 days late
2018
Annual accounts 2017 filed PDFfull format · on the deadline day
2017
Back to profit net €2,238 The net result is €2,238, after one loss-making year.
Annual accounts 2016 filed PDFfull format · 23 days late
2016
Annual accounts 2015 filed PDFfull format · 23 days late
2015
Liquidity more than quadruples current ratio 13.48 The current ratio rises from 3.06 to 13.48. Short-term debt falls from €104,980 to €19,368.
Annual accounts 2014 filed PDFfull format · 31 days late
2014
Annual accounts 2013 filed PDFfull format · 59 days late
2013
Highest result from 2006 to 2025 net €159,987 ▲1,412% The operating result of €222,194 and the net result of €159,987 are both a record.
Equity above €200,000 equity €221,058 ▲262% After 2 profitable years in a row, equity reaches €221,058.
Annual accounts 2012 filed PDFfull format · 30 days late
2012
Back to profit net €10,581 The net result is €10,581, after 2 loss-making years.
Annual accounts 2011 filed PDFfull format · 13 days late
2011
Annual accounts 2010 filed PDFfull format · 4 days late
2010
Annual accounts 2009 filed PDFfull format · 2 days before the deadline
2009
Liquidity more than 7 times current ratio 17.04 The current ratio rises from 2.27 to 17.04. Short-term debt falls from €48,123 to €4,984.
Annual accounts 2008 filed PDFfull format · 10 days late
2008
Annual accounts 2007 filed PDFfull format · 8 days late
2007
Back to profit net €24,908 The net result is €24,908, after one loss-making year.
Liquidity more than doubled current ratio 2.41 The current ratio rises from 1.09 to 2.41. Short-term debt falls from €88,296 to €23,910.
Annual accounts 2006 filed PDFfull format · 7 days late
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
Annual accounts 2002 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
First establishment Rue Henri Grenier 76, Orp-Jauche
Incorporation published on 25-06-1996

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 29 May 1996, VERSION 9 was incorporated.1 In 2022 the registered office moved to Orp-Jauche.2 Turnover went from €62,314 in 2018 to €584,237 in 2021 and headcount from 0.8 full-time equivalents in 2018 to 0.5 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 18-07-2022
  3. 3National Bank, annual accounts 2018, 2021 and 2025

Company details

Identity

Enterprise number
0458.110.412
VAT number
BE 0458.110.412
Peppol ID
0208:0458110412
Legal form
Public limited company
Status
Active, normal situation
Founded
29-05-1996
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of May at 17:00
deed of 18-07-2022 (in French)
Peppol
Reachable since 31-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
VERSION 9 in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-07-2022 (in French)
Name clauseThe company operates under this name according to its articles.
VERSION 9
deed of 18-07-2022 (in French)

Activities

NACEBEL 2025
VAT activities
68110 Buying and selling of own real estate main activity
Social security (RSZ) activities
41001 General construction of residential buildings main activity
Codes under NACEBEL 2008
VAT activities
68100 Real estate activities main activity
Social security (RSZ) activities
41201 General construction of buildings main activity
Codes under NACEBEL 2003
70120 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“L'entreprise de peinture; L'installation de chauffage central; L'entreprise de maçonnerie et de béton; L'installation sanitaire et plomberie”
4 activities
  1. L'entreprise de peinture
  2. L'installation de chauffage central
  3. L'entreprise de maçonnerie et de béton
  4. L'installation sanitaire et plomberie
deed of 18-07-2022 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue Henri Grenier 76 registered office 1350 Orp-Jauche 41001 General construction of residential buildings 30-07-1996 2.077.533.231
1 former office
  • Avenue de la Warche 16, 1300 Wavre until the deed of 18-07-2022

Buildings and parcels at the address

Ground area
1,047 m²
Buildings
113 m²
Volume, LiDAR
1,042 m³
Tallest building
10.8 m
Buildings to scale, each on its own parcel
113 m², 10.8 m 113 m², 10.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
25082D0029/00M0021,047 m² 1 · 113 m² 10.8 m · 3

Recognitions

Recognised contractor

17 categories
VERSION 9 SAapproval number 38208
  • C General road works contractsclass 1, up to €162,000
  • C1 Ordinary sewer worksclass 1, up to €162,000
  • D General building contractsclass 1, up to €162,000
  • D1 All shell construction and roofing-in of buildingsclass 1, up to €162,000
  • D11 Plastering and renderingclass 1, up to €162,000
  • D13 Paintingclass 1, up to €162,000
  • D16 Sanitary installations and gas heating with individual appliancesclass 1, up to €162,000
  • D17 Central heating, thermal installationsclass 1, up to €162,000
Show all 17 categories
  • D18 Ventilation, warm-air heating and air conditioningclass 1, up to €162,000
  • D21 Cleaning and restoring facadesclass 1, up to €162,000
  • D25 Wall and floor coverings other than marble, parquet and tilesclass 1, up to €162,000
  • D29 Floor screeds and industrial floor coveringsclass 1, up to €162,000
  • G General earthworks contractsclass 1, up to €162,000
  • G1 Drilling, probing and injectionclass 1, up to €162,000
  • G2 Drainage worksclass 1, up to €162,000
  • G3 Plantingclass 1, up to €162,000
  • G4 Special surfaces for sports groundsclass 1, up to €162,000
decision 05-10-2023

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0458.110.412

We would like to set cookies. That happens only with your consent. What we measure