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VERSTEYLEN

Active
Private limited companyfounded 201511 yrs activeKraaienbosstraat 44, 2360 Oud-Turnhout, BelgiumKBO/BCE: BE 0636.738.682
Summary

VERSTEYLEN has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,425 and a net result of -€22,522. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability55▼-21
Solvency35▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.32 in 2024; short-term debt: 17.5% and cash: 2.6% of total assets), and 90% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
10%
Return on assets
-3.3%
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 d early
2024
51 d early
2023
on the day
2022
14 d early
2021
18 d early
2020
17 d early
2019
50 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 30 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 13 July (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VERSTEYLEN was incorporated on 3 September 2015.1 Total assets fell from EUR 1.1 million in 2018 to EUR 675,828 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€67,425▼ 25.0%
2024 · €89,947
Total assets
€675,828▼ 12.4%
2024 · €771,169
Net result
-€22,522
2024 · €43,218
Working capital
-€99,708▼ 17.8%
2024 · -€84,638
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€9,081-€5,574▲ 38.6%-€29,451▼ 428%€56,558-€9,374
Net result-€22,290▼ 81.0%-€18,006▲ 19.2%-€40,893▼ 127%€43,218-€22,522
Equity€105,628▼ 17.4%€87,622▼ 17.0%€46,728▼ 46.7%€89,947▲ 92.5%€67,425▼ 25.0%
Total assets€953,023▼ 7.2%€882,425▼ 7.4%€1.2m▲ 39.9%€771,169▼ 37.5%€675,828▼ 12.4%
Debt€847,395▼ 5.7%€794,803▼ 6.2%€744,873▼ 6.3%€681,222▼ 8.5%€608,404▼ 10.7%
Working capital-€210,693▼ 1.2%-€209,572▲ 0.5%€211,374-€84,638-€99,708▼ 17.8%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000-€25,000€0€25,000€50,000Operating result 2021: -€9,081-€9,081Net result 2021: -€22,290-€22,290Operating result 2022: -€5,574-€5,574Net result 2022: -€18,006-€18,006Operating result 2023: -€29,451-€29,451Net result 2023: -€40,893-€40,893Operating result 2024: €56,558€56,558Net result 2024: €43,218€43,218Operating result 2025: -€9,374-€9,374Net result 2025: -€22,522-€22,52220212022202320242025-€50,000-€25,000€0€25,000€50,000Operating result 2023: -€29,451-€29,500Net result 2023: -€40,893-€40,900Operating result 2024: €56,558€56,600Net result 2024: €43,218€43,200Operating result 2025: -€9,374-€9,370Net result 2025: -€22,522-€22,500202320242025
The operating result turns negative in 2025: a loss of €9,374 after €56,558 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €675,828
Fixed assets €657,405 ▼ 10.1%
Current assets €18,423 ▼ 54.2%
Equity and liabilities €675,828
Equity €67,425 ▼ 25.0%
Debt €608,404 ▼ 10.7%
Debt's share of the balance-sheet total rises from 88.3% to 90.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€64,206▼
2024 · €130,138
Cash flow
€51,058▼
2024 · €116,798
Current ratio
0.16▼
2024 · 0.32
Debt to equity
9.02▲
2024 · 7.57
ROE
-33.4%▼
2024 · 48.0%
ROA
-3.3%▼
2024 · 5.6%
Interest coverage
4.88▼
2024 · 9.39
Debt ≤ 1 year
€118,130▼
2024 · €124,821
Debt > 1 year
€489,578▼
2024 · €555,487
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 913 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 95% are still going.

  • Small
  • 10 to 20 years old
  • solvency under 10%
  • a small loss
2.0% went bankrupt
2.1% stopped otherwise
95% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 913 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€771,169€675,828▼
Fixed assets21/28€730,985€657,405▼
Tangible fixed assets22/27€730,985€657,405▼
Land and buildings22€730,985€657,405▼
Current assets29/58€40,183€18,423▼
Amounts receivable within one year40/41€33,519€0▼
Other amounts receivable41€33,519€0▼
Cash at bank and in hand54/58€5,700€17,463▲
Deferred charges and accrued income490/1€964€960▼
Equity and liabilities
Total equity and liabilities10/49€771,169€675,828▼
Equity10/15€89,947€67,425▼
Contributions10/11€342,600€342,600=
Profit (loss) carried forward14-€252,653-€275,175▼
Amounts payable17/49€681,222€608,404▼
Amounts payable after more than one year17€555,487€489,578▼
Financial debts170/4€555,487€489,578▼
Amounts payable within one year42/48€124,821€118,130▼
Current portion of amounts payable after more than one year42€64,584€65,909▲
Trade debts44€387€3,771▲
Suppliers440/4€387€3,771▲
Other amounts payable47/48€59,850€48,450▼
Accrued charges and deferred income492/3€914€695▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73,580€73,580=
Provisions for liabilities and charges: additions (uses and reversals)635/8-€442,509€0▲
Other operating charges640/8€6,103€6,158▲
Gross operating margin9900-€306,268€70,364▲
Operating profit (loss)9901€56,558-€9,374▼
Financial income75/76B€519€0▼
Recurring financial income75€519€0▼
Financial charges65/66B€13,859€13,148▼
Recurring financial charges65€13,859€13,148▼
Profit (loss) for the period before taxes9903€43,218-€22,522▼
Profit (loss) for the period9904€43,218-€22,522▼
Profit (loss) for the period to be appropriated9905€43,218-€22,522▼
Appropriation of the result
Profit (loss) to be appropriated9906-€252,653-€275,175▼
Profit (loss) brought forward from the previous period14P-€295,872-€252,653▲
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73,580€73,580€73,580€73,580€73,580=
Provisions for liabilities and charges: additions (uses and reversals)635/8--€442,509-€442,509€0▲ 100%
Other operating charges640/8€3,386€3,443€6,702€6,103€6,158▲ 0.9%
Gross operating margin9900€67,884€71,449€493,340-€306,268€70,364▲ 123%
Operating profit (loss)9901-€9,081-€5,574-€29,451€56,558-€9,374▼ 117%
Financial income75/76B--€190€519€0▼ 100%
Recurring financial income75--€190€519€0▼ 100%
Financial charges65/66B€13,208€12,432€11,632€13,859€13,148▼ 5.1%
Recurring financial charges65€13,208€12,432€11,632€13,859€13,148▼ 5.1%
Profit (loss) for the period before taxes9903-€22,290-€18,006-€40,893€43,218-€22,522▼ 152%
Profit (loss) for the period9904-€22,290-€18,006-€40,893€43,218-€22,522▼ 152%
Profit (loss) for the period to be appropriated9905-€22,290-€18,006-€40,893€43,218-€22,522▼ 152%
Line20212022202320242025Change
Assets
Total assets20/58€953,023€882,425€1.2m€771,169€675,828▼ 12.4%
Fixed assets21/28€952,225€878,645€804,565€730,985€657,405▼ 10.1%
Tangible fixed assets22/27€951,725€878,145€804,565€730,985€657,405▼ 10.1%
Land and buildings22€951,725€878,145€804,565€730,985€657,405▼ 10.1%
Financial fixed assets28€500€500----
Current assets29/58€798€3,779€429,545€40,183€18,423▼ 54.2%
Amounts receivable within one year40/41--€117,190€33,519€0▼ 100%
Other amounts receivable41--€117,190€33,519€0▼ 100%
Cash at bank and in hand54/58-€2,913€311,416€5,700€17,463▲ 206%
Deferred charges and accrued income490/1€798€867€939€964€960▼ 0.4%
Equity and liabilities
Total equity and liabilities10/49€953,023€882,425€1.2m€771,169€675,828▼ 12.4%
Equity10/15€105,628€87,622€46,728€89,947€67,425▼ 25.0%
Contributions10/11€342,600€342,600€342,600€342,600€342,600=
Profit (loss) carried forward14-€236,972-€254,978-€295,872-€252,653-€275,175▼ 8.9%
Provisions and deferred taxes16--€442,509---
Provisions for liabilities and charges160/5--€442,509---
Major repairs and maintenance162--€442,509---
Amounts payable17/49€847,395€794,803€744,873€681,222€608,404▼ 10.7%
Amounts payable after more than one year17€634,393€580,558€525,794€555,487€489,578▼ 11.9%
Financial debts170/4€634,393€580,558€525,794€555,487€489,578▼ 11.9%
Amounts payable within one year42/48€211,490€213,351€218,171€124,821€118,130▼ 5.4%
Current portion of amounts payable after more than one year42€52,923€53,835€54,764€64,584€65,909▲ 2.1%
Financial debts43€3,660-----
Credit institutions430/8€3,660-----
Trade debts44€3,406€14€3,406€387€3,771▲ 876%
Suppliers440/4€3,406€14€3,406€387€3,771▲ 876%
Other amounts payable47/48€151,502€159,502€160,002€59,850€48,450▼ 19.0%
Accrued charges and deferred income492/3€1,512€894€907€914€695▼ 24.0%
Line20212022202320242025Change
Profit (loss) for the period9904-€22,290-€18,006-€40,893€43,218-€22,522▼ 152%
+ Depreciation and write-downs630€73,580€73,580€73,580€73,580€73,580=
Operating cash flow (approximation)€51,290€55,574€32,687€116,798€51,058▼ 56.3%
Investment in fixed assets (approximation)-€0€500€0€0-
Change in cash--€308,503-€305,716€11,763▲ 104%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €43,218
Net result €43,218 after 6 loss-making years.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Liquidity times 111current ratio 1.97
Current ratio from 0.02 to 1.97.
17-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Equity above €100,000Eq €127,917
Equity rises from -€183,767 to €127,917.
11-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
17-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Oud-Turnhout · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
2,788 m²
Building footprint
224 m²
Volume, LiDAR
1,499 m³
Parcel 13482F0946/00G000, Flanders · tallest building 20.8 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Kraaienbosstraat 44, 2360 Oud-Turnhout
Renting and operating of own or leased residential real estate, excluding social housing
since 20152.365.254.730
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13482F0946/00G000 Flanders 2,788 m² 1 · 224 m² 20.8 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. SCHMEITZ INTERNATIONAL 100%
  2. VERSTEYLEN

Highest known parent: SCHMEITZ INTERNATIONAL. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded03-09-2015
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0636738682
Also 9925:BE0636738682
Registered 21-09-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.