VERSUM
ActiveSummary
VERSUM has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4,123 and a net result of -€1,910. Its solvency ranks better than 28% of 8,540 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
- Equity
- €4,123
- Loss
- -€1,910
Why 81raises riskLast filed accounts filed 31 days late; 1 of the last 3 latelowers riskSector: Advertising, market research and public relations activities (NACE 73)Liquidity: current ratio 1.18, cash €10,763Size: total assets €16,261Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 73, micro): better than 30% on solvency, 52% on liquidity, 17% on profitability and 16% on growth.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 13 days after the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointments: Tahin RANDRIANA (director) and…
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00466904.
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 71% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,207 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 90.1% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,207 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,093 | €1,319 | ▲ 20.7% |
| Other operating charges640/8 | €1,587 | €1,520 | ▼ 4.2% |
| Gross operating margin9900 | €13,043 | €5,797 | ▼ 55.6% |
| Operating profit (loss)9901 | €10,363 | €2,958 | ▼ 71.5% |
| Financial charges65/66B | €3,369 | €4,410 | ▲ 30.9% |
| Recurring financial charges65 | €3,369 | €4,410 | ▲ 30.9% |
| Profit (loss) for the period before taxes9903 | €6,994 | -€1,452 | - |
| Income taxes67/77 | €2,294 | €458 | ▼ 80.0% |
| Profit (loss) for the period9904 | €4,699 | -€1,910 | - |
| Profit (loss) for the period to be appropriated9905 | €4,699 | -€1,910 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €14,827 | €16,261 | ▲ 9.7% |
| Formation expenses20 | €698 | €0 | ▼ 100% |
| Fixed assets21/28 | €2,179 | €1,895 | ▼ 13.0% |
| Tangible fixed assets22/27 | €2,179 | €1,895 | ▼ 13.0% |
| Furniture and vehicles24 | €2,179 | €1,895 | ▼ 13.0% |
| Current assets29/58 | €11,949 | €14,366 | ▲ 20.2% |
| Amounts receivable within one year40/41 | €8,026 | €3,603 | ▼ 55.1% |
| Trade receivables40 | €7,855 | €423 | ▼ 94.6% |
| Other amounts receivable41 | €171 | €3,179 | ▲ 19× |
| Cash at bank and in hand54/58 | €3,923 | €10,763 | ▲ 174% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €14,827 | €16,261 | ▲ 9.7% |
| Equity10/15 | €6,866 | €4,123 | ▼ 39.9% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €3,866 | €1,123 | ▼ 70.9% |
| Amounts payable17/49 | €7,960 | €12,137 | ▲ 52.5% |
| Amounts payable within one year42/48 | €7,960 | €12,137 | ▲ 52.5% |
| Trade debts44 | €781 | €1,876 | ▲ 140% |
| Suppliers440/4 | €781 | €1,876 | ▲ 140% |
| Taxes, remuneration and social security45 | €6,596 | €9,679 | ▲ 46.7% |
| Taxes450/3 | €6,596 | €9,679 | ▲ 46.7% |
| Other amounts payable47/48 | €583 | €583 | = |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €4,699 | -€1,910 | - |
| + Depreciation and write-downs630 | €1,093 | €1,319 | ▲ 20.7% |
| Operating cash flow (approximation) | €5,792 | -€591 | - |
| Investment in fixed assets (approximation) | - | -€1,035 | - |
| Change in cash | - | €6,841 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00466904 |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00307596 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Aina Nirina RAKOTONDRABARY |
|
| Tahin RANDRIANA |
|
Owners and capital
Capital and shareholders
- Tahin RANDRIANA 100 shares (100%) · €3,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 20-09-2023 Incorporation · €3,000 · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
20-09
Gazette deed
IncorporationAppointments: Tahin RANDRIANA (director) and Aina Nirina RAKOTONDRABARY (director) · Registered office clause · Board rule12 facts ▸
- Registered office clause, “4350 Remicourt, rue Marquise, 13/F” (deed in French)
- Board rule, 2
- Director appointment, Tahin RANDRIANA (director (not named in the articles))
- Director appointment, Aina Nirina RAKOTONDRABARY (director (not named in the articles))
- Declaration, “attestation dépôt fonds, compte au nom de la SRL VERSUM à constituer” (deed in French)
- Incorporation, “VERSUM” (deed in French)
- Founding capital, €3,000
- Shareholding, 100
- Founder, Tahin RANDRIANA
- Other provision, 22-08-2023
- Bank account, “BE15 0019 5967 4630, compte spécial” (deed in French)
- Other provision, “adoption statuts, comparant” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 64063A0299/00W000 | Wallonia | 1,890 m² | 1 · 160 m² | 5.5 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Le consulting, la formation, et la gestion intérimaire dans les domaines des ventes et des ressources humaines (RH); Le conseil en gestion…” (deed in French)
13 activities (deed in French)
- Le consulting, la formation, et la gestion intérimaire dans les domaines des ventes et des ressources humaines (RH)
- Le conseil en gestion d'entreprise au sens le plus large du terme
- Le conseil, l’expertise et l’assistance dans les activités de Payroll, recrutements/licenciements, administration RH, compensation & Benefits, gestion de flotte automobile, assurances diverses liées à la gestion du personnel, pensions, …
- Le conseil, l’analyse et l’assistance quant aux aides fédérales, régionales et locales
- Le conseil et l’organisation de formation, séminaires, conférences, audits, études
- Le conseil en stratégie marketing, e-commerce, communication et relations publiques
- Le conseil en gestion de projets et planification
- Le conseil en aménagement intérieur et extérieur de patrimoine immobilier
- La formation et le coaching pour les thématiques reprises ci-avant
- L'organisation d'événements au sens le plus large du terme
- Le transport de colis ou marchandises
- L'achat-vente de marchandises en rapport avec son objet
- Les services administratifs combinés de bureau
- Name clauseThe name the company operates under according to its articles.
- VERSUM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation durée, organe d administration” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives numéro ordre, effet société tiers inscription registre certificats délivrés” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cessions entre vifs actions ou tous autres titres donnant droit acquisition actions, onéreux ou gratuit, volontaires ou forcées, exclusion…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Titre V. Assemblée Générale. Article 15. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale ordinaire le vingt…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Quelque cause et moment, administrateurs en fonction désignés liquidateurs en vertu statuts si aucun autre désigné” (deed in French)