VERSTRAETEN & C°
ActiveVERSTRAETEN & C° has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €-8k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 41% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-23
Solvency64▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.9 against 1.01 in 2024; short-term debt: 60.5% and cash: 1.8% of total assets), and 60.5% 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
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 2025Solvency, return and age of the figures
Solvency
39.5%
Return on assets
-6.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
69 d late
2022
31 d late
2021
23 d late
2020
31 d late
2019
7 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▼ 14.0%
2024 · €55k
2018: €27k
2019: €49k
2020: €51k
2021: €59k
2022: €70k
2023: €74k
2024: €55k
2018 → 2025
Total assets
€119k▼ 6.5%
2024 · €128k
2018: €64k
2019: €82k
2020: €89k
2021: €86k
2022: €96k
2023: €106k
2024: €128k
2018 → 2025
Net result
€-8k
2024 · €2k
2018: €11k
2019: €21k
2020: €2k
2021: €8k
2022: €11k
2023: €4k
2024: €2k
2018 → 2025
Working capital
€-7k
2024 · €744
2018: €-21k
2019: €-1k
2020: €-236
2021: €9k
2022: €18k
2023: €19k
2024: €744
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€59k-€70k▲ 19.2%€74k▲ 5.7%€55k▼ 26.3%€47k▼ 14.0%
Operating result€15k-€17k▲ 15.0%€11k▼ 34.8%€5k▼ 53.6%€-6k
Net result€8k-€11k▲ 36.6%€4k▼ 64.9%€2k▼ 57.2%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €5k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets
€54k▲ 0.1%
Current assets
€65k▼ 11.4%
Equity and liabilities €119k
Equity
€47k▼ 14.0%
Debt
€72k▼ 0.9%
The debt ratio rises from 57.1% to 60.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▼
2024 · €8k
Cash flow
€-5k▼
2024 · €4k
Solvency
39.5%▼
2024 · 42.9%
Current ratio
0.90▼
2024 · 1.01
Quick ratio
0.90▼
2024 · 1.01
Debt / equity
1.53▲
2024 · 1.33
ROE
-16.3%▼
2024 · 3.1%
ROA
-6.4%▼
2024 · 1.3%
Interest coverage
-1.12▼
2024 · 1.68
Debt
€72k▼
2024 · €73k
Debt ≤ 1 year
€72k▼
2024 · €73k
Income taxes
€0▼
2024 · €1k
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€128k€119k▼
Fixed assets21/28€54k€54k▲
Tangible fixed assets22/27€54k€54k▲
Land and buildings22€48k€48k=
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€3k€3k▼
Current assets29/58€74k€65k▼
Amounts receivable within one year40/41€72k€62k▼
Trade receivables40€23k€13k▼
Other amounts receivable41€50k€49k▼
Cash at bank and in hand54/58€947€2k▲
Deferred charges and accrued income490/1€290€1k▲
Equity and liabilities
Total equity and liabilities10/49€128k€119k▼
Equity10/15€55k€47k▼
Contributions10/11€12k€12k=
Reserves13€29k€35k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€27k€33k▲
Profit (loss) carried forward14€13k€0▼
Amounts payable17/49€73k€72k▼
Amounts payable within one year42/48€73k€72k▼
Current portion of amounts payable after more than one year42€1k€0▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€48k€51k▲
Suppliers440/4€48k€51k▲
Advances received on contracts in progress46€2k€0▼
Other amounts payable47/48€21k€21k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€9k€-2k▼
Operating profit (loss)9901€5k€-6k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€3k€-8k▼
Income taxes67/77€1k€0▼
Profit (loss) for the period9904€2k€-8k▼
Profit (loss) for the period to be appropriated9905€2k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€6k▼
Profit (loss) brought forward from the previous period14P€13k€13k=
Transfer from equity791/2€21k€8k▼
Transfer to equity691/2€2k€13k▲
To other reserves6921€2k€13k▲
Profit to be distributed694/7€21k€0▼
Return on contributions (dividend)694€21k€0▼
The notes to these accounts (10 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-8k ▼550%
Net result drops to €-8k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
31-12
Financial
Highest result since 2018net €21k ▲97.5%
Operating result €36k, net result €21k, both a record.
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 36 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-07
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
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, Wetteren · 1 establishment unit since 2009
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.
Kortenbosstraat 709230 WetterenGround area
1,458 m²
Building footprint
615 m²
Volume, LiDAR
3,481 m³
Parcel 42012B0173/00G000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERSTRAETEN & C°
since 20092.175.925.180
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42012B0173/00G000 | Flanders | 1,458 m² | 1 · 615 m² | 8.2 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.
Similar companies · same sector, comparable size
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PROMACOR
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ASA Constructs
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Of 8,452 companies in sector 43120 we hold annual accounts for 3,231. 2,472 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-02-2009
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
42110Construction of roads and motorways
68203Renting and operating of own or leased non-residential real estate, excluding land
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.