VERSTEGEN
ActiveVERSTEGEN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €225k and a net result of €46k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 71% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-5
Solvency91▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.63 against 2.71 in 2024; short-term debt: 33.7% and cash: 45.4% of total assets), and 33.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · 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 · 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
66.3%
Return on assets
13.7%
Age of the figures
9 mo
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
34 d early
2023
41 d early
2022
32 d early
2021
37 d early
2020
3 d early
2019
46 d early
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€225k▼ 15.3%
2024 · €265k
2018: €278k
2019: €298k
2020: €279k
2021: €296k
2022: €317k
2023: €296k
2024: €265k
2018 → 2025
Total assets
€339k▼ 12.9%
2024 · €389k
2018: €282k
2019: €306k
2020: €329k
2021: €306k
2022: €330k
2023: €354k
2024: €389k
2018 → 2025
Net result
€46k▼ 33.4%
2024 · €70k
2018: €29k
2019: €20k
2020: €17k
2021: €18k
2022: €21k
2023: €7k
2024: €70k
2018 → 2025
Working capital
€186k▼ 11.9%
2024 · €211k
2018: €262k
2019: €257k
2020: €233k
2021: €255k
2022: €275k
2023: €229k
2024: €211k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€296k-€317k▲ 7.0%€296k▼ 6.7%€265k▼ 10.3%€225k▼ 15.3%
Operating result€22k-€21k▼ 6.6%€5k▼ 75.7%€88k▲ 1,666%€63k▼ 28.5%
Net result€18k-€21k▲ 16.8%€7k▼ 64.8%€70k▲ 854%€46k▼ 33.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €339k
Fixed assets
€39k▼ 28.5%
Current assets
€300k▼ 10.3%
Equity and liabilities €339k
Equity
€225k▼ 15.3%
Debt
€114k▼ 7.7%
The debt ratio rises from 31.8% to 33.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€79k▼
2024 · €104k
Cash flow
€62k▼
2024 · €85k
Solvency
66.3%▼
2024 · 68.2%
Current ratio
2.63▼
2024 · 2.71
Quick ratio
2.63▲
2024 · 2.63
Debt / equity
0.51▲
2024 · 0.47
ROE
20.6%▼
2024 · 26.2%
ROA
13.7%▼
2024 · 17.9%
Interest coverage
289.90▼
2024 · 582.45
Debt
€114k▼
2024 · €124k
Debt ≤ 1 year
€114k▼
2024 · €124k
Income taxes
€22k▼
2024 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€389k€339k▼
Fixed assets21/28€54k€39k▼
Tangible fixed assets22/27€54k€39k▼
Plant, machinery and equipment23€10k€6k▼
Furniture and vehicles24€33k€24k▼
Other tangible fixed assets26€11k€9k▼
Current assets29/58€335k€300k▼
Stocks and contracts in progress3€10k€0▼
Contracts in progress37€10k€0▼
Amounts receivable within one year40/41€194k€144k▼
Trade receivables40€22k€46k▲
Other amounts receivable41€171k€98k▼
Cash at bank and in hand54/58€131k€154k▲
Deferred charges and accrued income490/1€870€2k▲
Equity and liabilities
Total equity and liabilities10/49€389k€339k▼
Equity10/15€265k€225k▼
Contributions10/11€10k€10k=
Reserves13€255k€215k▼
Distributable reserves133€255k€215k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€124k€114k▼
Amounts payable within one year42/48€124k€114k▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€44k€31k▼
Taxes450/3€44k€31k▼
Other amounts payable47/48€77k€82k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€15k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€105k€80k▼
Operating profit (loss)9901€88k€63k▼
Financial income75/76B€9k€6k▼
Recurring financial income75€9k€6k▼
Financial charges65/66B€179€271▲
Recurring financial charges65€179€271▲
Profit (loss) for the period before taxes9903€97k€69k▼
Income taxes67/77€27k€22k▼
Profit (loss) for the period9904€70k€46k▼
Profit (loss) for the period to be appropriated9905€70k€46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€46k▼
Transfer from equity791/2€92k€87k▼
Transfer to equity691/2€70k€46k▼
To other reserves6921€70k€46k▼
Profit to be distributed694/7€92k€87k▼
Return on contributions (dividend)694€92k€87k▼
The notes to these accounts (14 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
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €70k ▲854%
Operating result €88k, net result €70k, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €7k ▼64.8%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 5current ratio 27.67
Current ratio from 5.68 to 27.67; short-term debt falls from €50k to €10k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Vosselaar · 1 establishment unit since 2003
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.
Rijdtstraat 202350 VosselaarGround area
597 m²
Building footprint
129 m²
Volume, LiDAR
621 m³
Parcel 13046C0597/00B000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rijdtstraat 20, 2350 Vosselaar
since 20032.123.659.107
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13046C0597/00B000 | Flanders | 597 m² | 1 · 129 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.
Recognitions · licences · registrations
Recognised contractor
1 categoryVERSTEGEN BV38658
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SIGN-UP
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Of 1,123 companies in sector 43212 we hold annual accounts for 420. 324 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2003
Fiscal year end31-12
Activities, NACEBEL
43212Electrical installation work in industrial facilities
63112
52249Warehousing and support activities for transportation
52250Logistics services
52290Warehousing and support activities for transportation
52740
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.