VERSTRAETE METAALCONSTRUCTIE
ActiveVERSTRAETE METAALCONSTRUCTIE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €160k and a net result of €10k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 55% of 2437 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-6
Solvency76▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 2.13 in 2023; short-term debt: 43.7% and cash: 51.4% of total assets), and 49% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 25
Relative position
BE, all sectors
reference
Sector 25
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
16 d early
2022
11 d early
2021
16 d early
2020
17 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€160k▼ 5.9%
2023 · €170k
2018: €171k
2019: €191k
2020: €175k
2021: €173k
2022: €171k
2023: €170k
2018 → 2024
Total assets
€315k▲ 3.1%
2023 · €305k
2018: €234k
2019: €227k
2020: €219k
2021: €250k
2022: €266k
2023: €305k
2018 → 2024
Net result
€10k▼ 39.8%
2023 · €17k
2018: €18k
2019: €21k
2020: €8k
2021: €16k
2022: €14k
2023: €17k
2018 → 2024
Working capital
€117k▼ 20.6%
2023 · €148k
2018: €84k
2019: €117k
2020: €134k
2021: €124k
2022: €139k
2023: €148k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€175k-€173k▼ 1.2%€171k▼ 0.7%€170k▼ 0.6%€160k▼ 5.9%
Operating result€14k-€22k▲ 52.9%€22k▲ 2.3%€28k▲ 25.0%€21k▼ 26.3%
Net result€8k-€16k▲ 89.3%€14k▼ 9.8%€17k▲ 21.4%€10k▼ 39.8%
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 2024; 2024 is 26% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €315k
Fixed assets
€60k▲ 127%
Current assets
€255k▼ 8.7%
Equity and liabilities €315k
Equity
€160k▼ 5.9%
Debt
€154k▲ 14.5%
The debt ratio rises from 44.1% to 49.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€41k▼
2023 · €42k
Cash flow
€30k▼
2023 · €31k
Solvency
51.0%▼
2023 · 55.9%
Current ratio
1.85▼
2023 · 2.13
Quick ratio
1.85▼
2023 · 2.13
Debt / equity
0.96▲
2023 · 0.79
ROE
6.5%▼
2023 · 10.1%
ROA
3.3%▼
2023 · 5.6%
Interest coverage
5.67▼
2023 · 10.73
Debt
€154k▲
2023 · €135k
Debt ≤ 1 year
€137k▲
2023 · €131k
Debt > 1 year
€11k▲
2023 · €323
Income taxes
€3k▼
2023 · €7k
Staff costs
€136k▲
2023 · €99k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€305k€315k▲
Fixed assets21/28€26k€60k▲
Tangible fixed assets22/27€26k€60k▲
Land and buildings22€1k€834▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€18k€46k▲
Other tangible fixed assets26€4k€9k▲
Current assets29/58€279k€255k▼
Amounts receivable within one year40/41€85k€87k▲
Trade receivables40€85k€76k▼
Other amounts receivable41-€11k
Cash at bank and in hand54/58€187k€162k▼
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€305k€315k▲
Equity10/15€170k€160k▼
Contributions10/11€30k€30k=
Reserves13€140k€130k▼
Distributable reserves133€140k€130k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€135k€154k▲
Amounts payable after more than one year17€323€11k▲
Financial debts170/4€323€11k▲
Amounts payable within one year42/48€131k€137k▲
Current portion of amounts payable after more than one year42€4k€5k▲
Trade debts44€28k€9k▼
Suppliers440/4€28k€9k▼
Taxes, remuneration and social security45€17k€18k▲
Taxes450/3€7k€4k▼
Remuneration and social security454/9€10k€14k▲
Other amounts payable47/48€82k€105k▲
Accrued charges and deferred income492/3€3k€6k▲
Income statement
Code20232024
Remuneration, social security and pensions62€99k€136k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€20k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€143k€179k▲
Operating profit (loss)9901€28k€21k▼
Financial income75/76B€3€1▼
Recurring financial income75€3€1▼
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€24k€14k▼
Income taxes67/77€7k€3k▼
Profit (loss) for the period9904€17k€10k▼
Profit (loss) for the period to be appropriated9905€17k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€10k▼
Transfer from equity791/2€18k€21k▲
Transfer to equity691/2€17k€10k▼
To other reserves6921€17k€10k▼
Profit to be distributed694/7€18k€21k▲
Return on contributions (dividend)694€18k€21k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €8k ▼59.5%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €21k ▲12.7%
Operating result €31k, net result €21k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Roeselare · 1 establishment unit since 2008
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.
Beversesteenweg 1698800 RoeselareGround area
1,885 m²
Building footprint
812 m²
Volume, LiDAR
5,299 m³
Parcel 36015A0306/00V008, Flanders · tallest building 14.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERSTRAETE METAALCONSTRUCTIE
since 20082.170.613.144
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A0306/00V008 | Flanders | 1,885 m² | 1 · 812 m² | 14.0 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 3,990 EUR awarded · 3,990 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,993 EUR | 2,993 EUR |
| 2024 | 1 | 198 EUR | 198 EUR |
| 2023 | 1 | 299 EUR | 299 EUR |
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Stagebonus (stopgezet)
Recognitions · licences · registrations
Recognised contractor
5 categoriesVERSTRAETE METAALCONSTRUCTIE BV36921
Dual-learning approval
6 endedSimilar companies · same sector, comparable size
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BRUS
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Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,660 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-2008
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25401Forging of metal
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:051/200 923