Financials
- Fiscal year
- 2025
- Turnover
- €192,914
- Profit
- €23,592
- Solvency
- -9.3%
VERSUC
ActiveSummary
VERSUC has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€254,645) and a net result of €23,592. Equity is shrinking by ~35.5% per year across the filed fiscal years. Its solvency ranks better than 6% of 549 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Raising of dairy cattle
NACE 01410Crop and animal production, hunting and related service activities NACE 01210
#7 company by total assets in Langemark-Poelkapelle, Agriculture, forestry and fishing sector2 sites
Size
€192,914turnover 2025
- Equity
- -€254,645
- Profit
- €23,592
Structure
- Holdings
- 2
Accounts filed 28 d late0 of 5 deeds read
Why 54Capped at 59: negative equity- Latest accounts 28 days late; 2 of the last 3 late- Negative equity -€254,645+ Size: turnover €192,914, total assets €2.7m+ Figures for FY 2025 (filed 28-08-2026)Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 33% of its sector peers (NACE 01, small)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
16+1
equity -9.3% of total assets
Liquidity
1=
short-term debt 109.3% · cash 0.8%
Profitability
80+52
return on assets 0.9%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.9%
12-2024: 5.4%▲ +11.5% vs 11-2024
01-2025: 7.2%▲ +32.1% vs 12-2024highest value
02-2025: 7.2%● 0.0% vs 01-2025highest value
03-2025: 7.2%● 0.0% vs 02-2025highest value
04-2025: 6.5%▼ -9.2% vs 03-2025
05-2025: 6.5%● 0.0% vs 04-2025
06-2025: 4.6%▼ -29.1% vs 05-2025
07-2025: 4.6%● 0.0% vs 06-2025
08-2025: 3.2%▼ -30.0% vs 07-2025
09-2025: 3.6%▲ +9.5% vs 08-2025
10-2025: 4.2%▲ +18.5% vs 09-2025
11-2025: 4.0%▼ -4.2% vs 10-2025
12-2025: 4.5%▲ +11.7% vs 11-2025
01-2026: 0.6%▼ -87.2% vs 12-2025
02-2026: 0.6%▲ +1.9% vs 01-2026
03-2026: 0.7%▲ +18.7% vs 02-2026
04-2026: 0.7%▲ +3.9% vs 03-2026
05-2026: 0.8%▲ +8.3% vs 04-2026
06-2026: 0.9%▲ +13.9% vs 05-2026
07-2026: 0.9%▲ +0.1% vs 06-2026
08-2026: 1.2%▲ +39.3% vs 07-2026
09-2026: 0.5%▼ -61.8% vs 08-2026lowest value
10-2026: 0.5%● 0.0% vs 09-2026lowest value
- Size: turnover €192,914, total assets €2.7m lowers the probability for this profile
- Latest accounts 28 days late; 2 of the last 3 late raises the probability
- Negative equity -€254,645 raises the probability
- Figures for FY 2025 (filed 28-08-2026) lowers the probability
No credit on open account
Liquidity short (current ratio 0.21 against 0.23 in 2024; short-term debt: 109.3% and cash: 0.8% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 01, small). Better than this share of them on solvency 4%, liquidity 2%, profitability 75%, growth against the median 53%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 549 sector peers (2025).
NBB · sector comparisonPosition among 549 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
137 d late
2023
334 d late
2022
337 d late
2021
225 d late
2020
590 d late
2019
217 d 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 267 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed 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 12 March (4 of the last 5 filed years within 112 days of that day).
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Back to profitnet €23,592
- Annual accounts filedfiscal year 2024 · abbreviated…
Key points
By topic
Network & group
- Subsidiaries
- 2
2 subsidiaries
Timeline
- Events
- 11
- Since
- 2017
- Next accounts
- by 31-07-2027
- 28-08-2026Annual accounts filed
- 31-12-2025Back to profit
- 15-12-2025Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Raising of dairy cattleNACE 01410
- Founded
- 19-08-1998
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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