Verstrycon
ActiveSummary
Verstrycon has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €94k and a net result of €39k. Its solvency ranks better than 55% of 112 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability100=
Solvency91▲+16
Growth52
Track record82
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity ample (current ratio 5.29 against 3.74 in 2025; short-term debt: 13.1% and cash: 46.6% of total assets), and 34.4% of the assets are financed with debt.
Credit check 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
65.6%
Return on assets
27.2%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 21-09-2026, 40 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2026
40 d early
2025
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€94k▲ 70.7%
2025 · €55k
2025: €55k
2026: €94k▲ +70.7% vs 2025
2025 → 2026
Total assets
€143k▲ 29.7%
2025 · €110k
2025: €110k
2026: €143k▲ +29.7% vs 2025
2025 → 2026
Net result
€39k▼ 25.2%
2025 · €52k
2025: €52k
2026: €39k▼ -25.2% vs 2025
2025 → 2026
Working capital
€80k▲ 100%
2025 · €40k
2025: €40k
2026: €80k▲ +100% vs 2025
2025 → 2026
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20252026Trend
Equity€55k-€94k▲ 70.7%
2025: €55k
2026: €94k▲ +70.7% vs 2025
Operating result€66k-€51k▼ 22.5%
2025: €66k
2026: €51k▼ -22.5% vs 2025
Net result€52k-€39k▼ 25.2%
2025: €52k
2026: €39k▼ -25.2% vs 2025
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 2026; 2026 is 23% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €143k
Fixed assets
€44k ▼ 20.9%
Current assets
€99k ▲ 80.8%
Equity and liabilities €143k
Equity
€94k ▲ 70.7%
Debt
€49k ▼ 11.0%
Debt's share of the balance-sheet total falls from 50.2% to 34.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€63k▼
2025 · €70k
Cash flow
€50k▼
2025 · €56k
Current ratio
5.29▲
2025 · 3.74
Debt to equity
0.52▼
2025 · 1.01
ROE
41.4%▼
2025 · 94.5%
ROA
27.2%▼
2025 · 47.1%
Interest coverage
45.01▼
2025 · 114.60
Debt ≤ 1 year
€19k▲
2025 · €15k
Debt > 1 year
€30k▼
2025 · €41k
Income taxes
€11k▼
2025 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2026 against 2025 · 40 lines
Balance sheet
Code20252026
Assets
Total assets20/58€110k€143k▲
Fixed assets21/28€55k€44k▼
Tangible fixed assets22/27€55k€44k▼
Furniture and vehicles24€55k€44k▼
Current assets29/58€55k€99k▲
Amounts receivable within one year40/41€16k€30k▲
Trade receivables40€14k€20k▲
Other amounts receivable41€2k€10k▲
Cash at bank and in hand54/58€36k€67k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€110k€143k▲
Equity10/15€55k€94k▲
Contributions10/11€3k€3k=
Reserves13€52k€91k▲
Distributable reserves133€52k€91k▲
Amounts payable17/49€55k€49k▼
Amounts payable after more than one year17€41k€30k▼
Financial debts170/4€41k€30k▼
Amounts payable within one year42/48€15k€19k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€686€5k▲
Suppliers440/4€686€5k▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€556€0▼
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€12k▲
Other operating charges640/8€616€633▲
Gross operating margin9900€71k€63k▼
Operating profit (loss)9901€66k€51k▼
Financial income75/76B-€119
Recurring financial income75-€119
Financial charges65/66B€610€1k▲
Recurring financial charges65€610€1k▲
Profit (loss) for the period before taxes9903€65k€50k▼
Income taxes67/77€14k€11k▼
Profit (loss) for the period9904€52k€39k▼
Profit (loss) for the period to be appropriated9905€52k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€39k▼
Transfer to equity691/2€52k€39k▼
To other reserves6921€52k€39k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €12k | ▲ 193% |
| Other operating charges640/8 | €616 | €633 | ▲ 2.7% |
| Gross operating margin9900 | €71k | €63k | ▼ 10.3% |
| Operating profit (loss)9901 | €66k | €51k | ▼ 22.5% |
| Financial income75/76B | - | €119 | - |
| Recurring financial income75 | - | €119 | - |
| Financial charges65/66B | €610 | €1k | ▲ 128% |
| Recurring financial charges65 | €610 | €1k | ▲ 128% |
| Profit (loss) for the period before taxes9903 | €65k | €50k | ▼ 23.8% |
| Income taxes67/77 | €14k | €11k | ▼ 18.2% |
| Profit (loss) for the period9904 | €52k | €39k | ▼ 25.2% |
| Profit (loss) for the period to be appropriated9905 | €52k | €39k | ▼ 25.2% |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €110k | €143k | ▲ 29.7% |
| Fixed assets21/28 | €55k | €44k | ▼ 20.9% |
| Tangible fixed assets22/27 | €55k | €44k | ▼ 20.9% |
| Furniture and vehicles24 | €55k | €44k | ▼ 20.9% |
| Current assets29/58 | €55k | €99k | ▲ 80.8% |
| Amounts receivable within one year40/41 | €16k | €30k | ▲ 82.8% |
| Trade receivables40 | €14k | €20k | ▲ 44.0% |
| Other amounts receivable41 | €2k | €10k | ▲ 332% |
| Cash at bank and in hand54/58 | €36k | €67k | ▲ 82.6% |
| Deferred charges and accrued income490/1 | €2k | €3k | ▲ 31.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €110k | €143k | ▲ 29.7% |
| Equity10/15 | €55k | €94k | ▲ 70.7% |
| Contributions10/11 | €3k | €3k | = |
| Reserves13 | €52k | €91k | ▲ 74.8% |
| Distributable reserves133 | €52k | €91k | ▲ 74.8% |
| Amounts payable17/49 | €55k | €49k | ▼ 11.0% |
| Amounts payable after more than one year17 | €41k | €30k | ▼ 25.0% |
| Financial debts170/4 | €41k | €30k | ▼ 25.0% |
| Amounts payable within one year42/48 | €15k | €19k | ▲ 27.8% |
| Current portion of amounts payable after more than one year42 | €10k | €10k | ▲ 2.9% |
| Trade debts44 | €686 | €5k | ▲ 677% |
| Suppliers440/4 | €686 | €5k | ▲ 677% |
| Taxes, remuneration and social security45 | €4k | €3k | ▼ 9.0% |
| Taxes450/3 | €4k | €3k | ▼ 9.0% |
| Other amounts payable47/48 | €556 | €0 | ▼ 100% |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €52k | €39k | ▼ 25.2% |
| + Depreciation and write-downs630 | €4k | €12k | ▲ 193% |
| Operating cash flow (approximation) | €56k | €50k | ▼ 9.8% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €30k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
21-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
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, Maldegem · 1 establishment unit since 2024
Ground area
2,737 m²
Building footprint
159 m²
Volume, LiDAR
420 m³
Parcel 43503F1744/00K000, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Verstrycon
since 20242.355.622.729
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43503F1744/00K000 | Flanders | 2,736 m² | 1 · 159 m² | 7.2 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.
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 5,294 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-01-2024
Fiscal year end31-03
Activities, NACEBEL 2025
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.