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VERSTRAETE AFWERKING

Active
Private limited companyfounded 2012active for 14 yearsHulstersestraat(O) 116, 8710 Wielsbeke, BelgiumKBO/BCE: BE 0843.621.965
Summary

VERSTRAETE AFWERKING has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,691 and a net result of €9,924. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 19% of 34,807 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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VERSTRAETE AFWERKINGActiveChecked score 84/100
Risk analysis ReportCompare

Overview

Activity
Plastering work
NACE 43310
1 site
Size
≈ €160,000turnover 2025, estimated
Equity
€31,691
Profit
€9,924
Turnover estimated from the gross margin
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
2025 accounts filed 27 days late5 deeds in the Belgian Official Gazette
Why 84raises riskSector: Specialised construction activities (NACE 43)Equity €31,691 (17.1% of total assets)lowers riskFounded in 2012Size: total assets €185,225Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 42+4
equity 17.1% of total assets
Liquidity 54-3
short-term debt 31.3% · cash 14.2%
Profitability 73+20
return on assets 5.4%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.4%▼ -0.1 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 0.4%▼ -0.4 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%▼ -0.1 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 0.4%▼ -0.5 percentage points vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.54, compared with 0.62 in 2024, below 1; short-term debt: 31.3% and cash: 14.2% of total assets), and 82.9% 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 43, micro): better than 19% on solvency, 51% on liquidity, 44% on profitability and 81% on growth.

The bankruptcy probability was computed on 30-10-2026 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

Six signals.
lowers riskraises risk
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2012
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Equity €31,691 (17.1% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €185,225
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 34807 sector peers (2025).
NBB · sector comparison
Position among 34807 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 days late
2024
27 days late
2023
26 days late
2022
18 days early
2021
31 days late
2020
on the day
2019
69 days late
← 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 23 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 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 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Among the weakest 20% on solvencysector median 46.8% · 34,807 companies 17.1% View
  • Total assets 20256 financial years filed €185,225 View
  • Active since 2012founded 07-02-2012 14 years View

By topic

Financials

Financial year
2025
Total assets
€185,225
Profit
€9,924
Solvency
17.1%
Total assets▲ 9.7%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2013
Next accounts
by 31-07-2027
  1. 13-07-2023Annual accounts filed
  2. 31-12-2022Back to profit
  3. 31-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Plastering workNACE 43310
Founded
07-02-2012
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about VERSTRAETE AFWERKING

What is the company number of VERSTRAETE AFWERKING?
0843.621.965. In Belgium the VAT number is the company number with BE in front: BE 0843.621.965.
Where is VERSTRAETE AFWERKING based?
The registered office is at Hulstersestraat(O) 116, 8710 Wielsbeke.Company details
What does VERSTRAETE AFWERKING do?
According to the KBO register, the main activity is plastering work (NACE 43310).
What is the legal form of VERSTRAETE AFWERKING?
Private limited company (BV).
When was VERSTRAETE AFWERKING founded?
On 07-02-2012.
Is VERSTRAETE AFWERKING still active?
Yes, VERSTRAETE AFWERKING is an active enterprise in the KBO register.
What is the turnover of VERSTRAETE AFWERKING?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is VERSTRAETE AFWERKING profitable?
In financial year 2025, VERSTRAETE AFWERKING made a profit of €9,924.
Where can I find the annual accounts of VERSTRAETE AFWERKING?
VERSTRAETE AFWERKING filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VERSTRAETE AFWERKING due?
By 31-07-2027, for financial year 2026.Timeline

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