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Versluys Bouwgroep

Active
Public limited companyfounded 1996active for 30 yearsZandvoordestraat 465, 8400 Oostende, Belgium10 active companies are registered at this addressKBO/BCE: BE 0458.330.245
Summary

Versluys Bouwgroep has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22.8m and a net result of €2.5m. Equity is growing by about 3.8% per year across the filed financial years. Its solvency ranks better than 60% of 1,018 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
General construction of residential buildings
NACE 41001Development of residential building projects NACE 68121
4th largest company by equity in Ostend, Construction sector1 site
Size
€25.4mturnover 2025
Staff
8.4 FTE
Equity
€22.8m
Profit
€2.5m
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
VERSLUYS INVEST · 100%
Auditor: PricewaterhouseCoopers Reviseurs d'EntreprisesAccounts filed 67 days late1 of 7 deeds read
Why 85raises riskSector: Construction of residential and non-residential buildings (NACE 41)Latest accounts 67 days late; 1 of the last 3 latelowers riskFounded in 1996Size: turnover €25.4m, 8.4 FTE, total assets €54.9mShow the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 38% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Average
Solvency 67+13
equity 41.5% of total assets
Liquidity 34+11
short-term debt 58.0% · cash 11.3%
Profitability 64-23
return on assets 4.5%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,415 companies, NACE 41, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.3%▼ -0.2 percentage points vs 09-2026
Credit of up to €1,900,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.64, compared with 1.37 in 2024, above the usual 1.5; short-term debt: 58% and cash: 11.3% of total assets), but 58.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 49% on solvency, 29% on liquidity, 36% on profitability and 39% on growth.

The bankruptcy probability was computed on 16-10-2026 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.

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

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1996
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: turnover €25.4m, 8.4 FTE, total assets €54.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Latest accounts 67 days late; 1 of the last 3 late
NBB · filings
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 06-10-2026, 67 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
67 days late
2024
37 days early
2023
4 days early
2022
33 days early
2021
25 days early
2020
2 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% 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 6 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Appointment: ARCMENE (director)Reappointments: VERSLUYS INVEST, QUETZAL PD…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Caution: Result fell in 2025from €6.6m to €2.5m ▼ 62.9% View
  • Positive: Among the best 5% on equitysector median €653,567 · 1,018 companies €22.8m View
  • Caution: Latest accounts filed lateafter the legal deadline 67 days View
  • Board changedlatest change 15-05-2026 · 3 in office 2 joined · 1 left View
  • Controlled by VERSLUYS INVEST 100% View

By topic

Financials

Financial year
2025
Turnover
€25.4m
Profit
€2.5m
Solvency
41.5%
Turnover▼ 13.5%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
VERSLUYS INVEST · 100%
Auditor
PricewaterhouseCoopers Reviseurs d'Entreprises
  • VERSLUYS INVESTChair
  • ARCMENEDirector
  • QUETZAL PDManaging director
Go to Board & ownership

Timeline

Events
33
Since
1998
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result from 2018 to 2025
  2. 27-07-2024Annual accounts filed
  3. 31-12-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General construction of residential buildingsNACE 41001
Founded
11-07-1996
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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