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VERSUM

Active
Private limited companyfounded 1997active for 29 yearsOudenaardsesteenweg(Kor) 14, 8500 Kortrijk, BelgiumKBO/BCE: BE 0461.030.706
Summary

VERSUM has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78,192 and a net result of €26,563. Equity has been shrinking by about 13% per year since 2019. Its solvency ranks better than 39% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 03-07-1997 Normal situation
Activity
Retail sale of footwear NACE 47721and 1 other
Establishment unit
2.085.678.855 8900 Ieper, since 26-02-1998
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • BETTENS RENAATDirector
  • MASSET INGRIDDirector

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€126,445
▲ 54.9%
Turnover
≈ €400,000
estimated
Profit
€26,563
▲ 148×
Equity
€78,192
▲ 13.9%
Total assets
€382,430
▼ 10.9%
Employees on 31-12-2025
1
=
Filed on 16-07-2026, 15 days before the deadline
Score breakdownraises risk1 change of registered office in 24 monthsLiquidity: current ratio 1.74, cash €11,466lowers riskFigures for financial year 2025 (filed on 16-07-2026)Size: total assets €382,430Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 47% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency 45+4
equity 20.4% of total assets
Liquidity 41=
short-term debt 29.6% · cash 3.0%
Profitability 67+26
return on assets 6.9%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged 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: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 0.2%▼ -0.4 percentage points vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%▲ +0.6 percentage points vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.8%▼ -0.2 percentage points vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.74 (1.52 in 2024), above the usual 1.5. Short-term debt is 29.6% and cash 3% of total assets. However, 79.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 32% of them on solvency, 39% on liquidity, 49% on profitability and 70% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 16-07-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.74, cash €11,466
NBB · annual accounts
lowers risk · Size: total assets €382,430
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
3 days early
2023
23 days early
2022
13 days early
2021
46 days early
2020
50 days early
2019
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 17 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Higher gross margin than 82% of companies in retail tradesector median €34,185 · 22,661 companies €126,445 View

Recent changes

  1. · Gazette deed Registered office moved from Beselare to Kortrijk
  2. · Gazette deed Amendment of the articles · Legal-form change
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as VERSUM: retail sale of footwear (NACE 47721). They are comparable in size and age: total assets between €289,000 and €448,000, founded between 1990 and 2004.

CompanyTotal assetsGross margin
VERSUM Kortrijk€382,430€126,445
ANN CORNILLIE Hooglede€364,140€105,196
SANYCE Schaarbeek€448,057€108,802
DE RYCKE Langemark-Poelkapelle€394,668€113,956
BURT Nieuwpoort€288,979€104,779
SCHOENEN DE STER Torhout€411,370€103,500
CHAUSSURES HENRIJEAN Spa€309,001€96,657
Full comparison

Key facts about VERSUM

What is the company number of VERSUM?
The company number of VERSUM is 0461.030.706. The VAT number is the same number with BE in front: BE 0461.030.706.
Where is VERSUM based?
The registered office is at Oudenaardsesteenweg(Kor) 14, 8500 Kortrijk.Company details
What does VERSUM do?
According to the KBO register, the main activity is retail sale of footwear (NACE 47721).
What is the legal form of VERSUM?
The legal form of VERSUM is Private limited company (BV).
When was VERSUM founded?
VERSUM was founded on 03-07-1997.
Is VERSUM still active?
Yes, VERSUM is an active enterprise in the KBO register.
How many employees does VERSUM have?
VERSUM had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VERSUM?
The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €126,445 and 32 comparable companies (NACE 477). It probably lies between €280,000 and €780,000.
Is VERSUM profitable?
In financial year 2025, VERSUM made a profit of €26,563.
Where can I find the annual accounts of VERSUM?
VERSUM filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VERSUM due?
VERSUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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