Checked.be
Active
BE 0452.860.633Private limited company
VERSION NATURE
Avenue de la Station 53 ·4130 Esneux, Belgium· 32 yrs active
Sector: Retail sale of clothing and accessories for women, men, children and babies (general range)
(47716)
Conclusion
VERSION NATURE has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €15k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 32% of 17366 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €51k |
| Net result | €15k |
| Staff (FTE) | 1 |
| Better than sector | 32% |
Financial profile
62
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
51
Profitability
100
Solvency
9
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1994, 32 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
51
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€3k
estimate, not credit advice
Score history
86
2021
2
2022
23
2023
39
2024
51
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.34 (< 1.0)
-10
Quick ratio
Quick ratio 0.18 (< 0.6)
-5
Leverage
Debt/equity 6.61 (> 3.0)
-10
Profitability
ROE 29% (≥ 10%)
+10
Interest coverage
Interest coverage 4.6× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 10-07-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 5 fiscal years (±0.1%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 47, Retail trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 13.1% | 34.6% | |
| Net result | €15k | €5k | |
| Equity | €51k | €44k | |
| Gross operating margin | €70k | €34k | |
| Staff costs | €23k | €40k |
€42k
+43.6%
21-25
€15k
+330.6%
21-25
€27k
+42.9%
21-25
€388k
+7.5%
21-25
€51k
+41.6%
21-25
€-81k
-2.2%
21-25
1
0.0%
21-25
€23k
+2.2%
21-25
€6k
+763.6%
21-25
€337k
+3.7%
21-25
€122k
+7.8%
21-25
€215k
+1.6%
21-25
0.34
+11.9%
21-25
0.18
+18.0%
21-25
13.1%
+31.7%
21-25
6.61
-26.7%
21-25
29.4%
+204.1%
21-25
3.9%
+300.5%
21-25
4.62
+55.5%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €42k | €29k | €20k | €4k | €37k |
| Net profit | €15k | €3k | €-6k | €-8k | €21k |
| Cash flow | €27k | €19k | €10k | €-359 | €26k |
| Staff costs | €23k | €23k | €22k | €21k | €19k |
| Income taxes | €6k | €714 | €198 | €204 | €11k |
| Dividends | - | - | - | - | - |
| Total assets | €388k | €361k | €388k | €413k | €97k |
| Equity | €51k | €36k | €33k | €38k | €46k |
| Debt | €337k | €325k | €355k | €375k | €50k |
| of which ≤ 1y | €122k | €113k | €125k | €140k | €40k |
| of which > 1y | €215k | €212k | €230k | €235k | €11k |
| Working capital | €-81k | €-79k | €-80k | €-78k | €40k |
| Employees (FTE) | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.34 | 0.30 | 0.37 | 0.44 | 2.01 |
| Quick ratio | 0.18 | 0.15 | 0.22 | 0.32 | 1.66 |
| Working capital ratio | -20.8% | -21.9% | -20.5% | -18.9% | 41.6% |
| Solvency | 13.1% | 10.0% | 8.4% | 9.2% | 47.7% |
| Debt / equity | 6.61 | 9.02 | 10.93 | 9.85 | 1.10 |
| Long-term debt ratio | 4.22 | 5.88 | 7.07 | 6.17 | 0.24 |
| Interest coverage | 4.62 | 2.97 | 2.00 | 0.93 | 44.72 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 3.9% | 1.0% | -1.4% | -2.0% | 21.9% |
| ROE | 29.4% | 9.7% | -17.0% | -21.2% | 46.0% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €388k | €361k | €388k | €413k | €97k |
| Fixed assets | 21/28 | €347k | €327k | €342k | €351k | €17k |
| Tangible fixed assets | 22/27 | €347k | €327k | €342k | €351k | €17k |
| Current assets | 29/58 | €41k | €34k | €46k | €62k | €80k |
| Stocks & contracts in progress | 3 | €19k | €17k | €18k | €18k | €14k |
| Amounts receivable within one year | 40/41 | €383 | €27 | €3k | €3k | - |
| Cash & bank | 54/58 | €21k | €16k | €23k | €41k | €65k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €388k | €361k | €388k | €413k | €97k |
| Equity | 10/15 | €51k | €36k | €33k | €38k | €46k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €2k | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €31k | €16k | €12k | €18k | €26k |
| Amounts payable | 17/49 | €337k | €325k | €355k | €375k | €50k |
| Amounts payable after one year | 17 | €215k | €212k | €230k | €235k | €11k |
| Amounts payable within one year | 42/48 | €122k | €113k | €125k | €140k | €40k |
| Trade debts payable within one year | 44 | €9k | €7k | €10k | €11k | €4k |
| Income statement | ||||||
| Gross operating margin | 9900 | €70k | €56k | €45k | €32k | €50k |
| Operating result | 9901 | €30k | €14k | €4k | €-4k | €32k |
| Financial income | 75 | €309 | €241 | €246 | €148 | €835 |
| Financial charges | 65 | €9k | €10k | €10k | €4k | €828 |
| Result before taxes | 9903 | €21k | €4k | €-5k | €-8k | €32k |
| Income taxes | 67/77 | €6k | €714 | €198 | €204 | €11k |
| Net result for the period | 9904 | €15k | €3k | €-6k | €-8k | €21k |
| Result to be appropriated | 9905 | €15k | €3k | €-6k | €-8k | €21k |
Directors & mandates
Current directors & mandates
-
WALHIN MartineAdministrateur non statutaireState Gazette act 23477821 (28-12-2023)Current28-12-2023 → present
Legal Structure
| NACE primary | Retail sale of clothing and accessories for women, men, children and babies (general range)(47716) |
| Legal form | Private limited company(610) |
| Incorporation | 24-06-1994 |
| Status | Active |
| Postal code | 4130 |
Establishment units
Avenue de la Station 53, 4130 Esneux
since 19942.067.613.891
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62032C0666/00Z000 | Wallonia | 194 m² | 1 · 95 m² | 13.3 m · 4 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
28-12
State Gazette act
Director changes
v3.2
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-8k ▼138%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 45 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 2 years ago
2023
28-12-2023 WALHIN Martine appointed as administrateur non statutaire
- WALHIN Martine, Administrateur non statutaire
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_in",
"role": "administrateur non statutaire",
"person": {
"rrn": null,
"name": "WALHIN Martine",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0452.860.633",
"name_full": "VERSION NATURE"
}
}Credit advice
Company registry (CBE)
Activities
Retail sale of women's outerwear47711Retail sale of clothing and accessories for women, men, children and babies (general range)477165242152423Retail sale of footwear47721Retail sale of souvenirs and religious articles47784Retail trade4778652497Renting and operating of own or leased non-residential real estate, excluding land68203
Names & trade names
| Legal nameFR | VERSION NATURE |
Similar companies
Lamo
BE 0672.517.034 · Brasschaat
Renaudin Care
BE 0738.698.847 · Ronse
PIMK
BE 0769.302.347 · Tournai
STRONG LIFE
BE 0737.404.490 · Oostende
NDR Company
BE 0793.273.423 · Herentals