Summary
VERSYS has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €3.00M and a net result of €357k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 32% of 37953 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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
not confirmed
2024
71 d late
2023
92 d late
2022
76 d late
2021
122 d late
2020
73 d late
2019
243 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€3.00M▲ 11.6%
2023 · €2.69M
2018: €1.51Mlowest in 7 years
2019: €1.63M▲ +7.5% vs 2018
2020: €2.34M▲ +43.7% vs 2019
2021: €2.46M▲ +5.0% vs 2020
2022: €2.52M▲ +2.4% vs 2021
2023: €2.69M▲ +6.8% vs 2022
2024: €3.00M▲ +11.6% vs 2023highest in 7 years
2018 → 2024
Total assets
€8.11M▲ 3.3%
2023 · €7.86M
2018: €6.79Mlowest in 7 years
2019: €7.69M▲ +13.2% vs 2018
2020: €7.90M▲ +2.8% vs 2019
2021: €7.89M▼ -0.2% vs 2020
2022: €7.77M▼ -1.5% vs 2021
2023: €7.86M▲ +1.1% vs 2022
2024: €8.11M▲ +3.3% vs 2023highest in 7 years
2018 → 2024
Net result
€357k▲ 108%
2023 · €172k
2018: €45klowest in 7 years
2019: €115k▲ +157% vs 2018
2020: €712k▲ +519% vs 2019highest in 7 years
2021: €178k▼ -75.0% vs 2020
2022: €58k▼ -67.4% vs 2021
2023: €172k▲ +196% vs 2022
2024: €357k▲ +108% vs 2023
2018 → 2024
Working capital
€-2.17M▲ 8.5%
2023 · €-2.37M
2018: €-2.68M
2019: €-3.49M▼ -30.5% vs 2018lowest in 7 years
2020: €-2.46M▲ +29.7% vs 2019
2021: €-2.44M▲ +0.5% vs 2020
2022: €-2.50M▼ -2.1% vs 2021
2023: €-2.37M▲ +5.1% vs 2022
2024: €-2.17M▲ +8.5% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.34M-€2.46M▲ 5.0%€2.52M▲ 2.4%€2.69M▲ 6.8%€3.00M▲ 11.6%
2020: €2.34Mlowest in 5 years
2021: €2.46M▲ +5.0% vs 2020
2022: €2.52M▲ +2.4% vs 2021
2023: €2.69M▲ +6.8% vs 2022
2024: €3.00M▲ +11.6% vs 2023highest in 5 years
Operating result€108k-€86k▼ 21.1%€-83k€107k€48k▼ 55.2%
2020: €108khighest in 5 years
2021: €86k▼ -21.1% vs 2020
2022: €-83k▼ -197% vs 2021lowest in 5 years
2023: €107k▲ +229% vs 2022
2024: €48k▼ -55.2% vs 2023
Net result€712k-€178k▼ 75.0%€58k▼ 67.4%€172k▲ 196%€357k▲ 108%
2020: €712khighest in 5 years
2021: €178k▼ -75.0% vs 2020
2022: €58k▼ -67.4% vs 2021lowest in 5 years
2023: €172k▲ +196% vs 2022
2024: €357k▲ +108% vs 2023
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 2024; 2024 is 55% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.11M
Fixed assets
€5.91M ▼ 0.8%
Current assets
€2.21M ▲ 15.9%
Equity and liabilities €8.11M
Equity
€3.00M ▲ 11.6%
Provisions
€133k =
Debt
€4.98M ▼ 1.1%
Debt's share of the balance-sheet total falls from 64.1% to 61.4%. Equity is higher and debt is lower.
Key figures and ratios
ROE
11.9%▲
2023 · 6.4%
ROA
4.4%▲
2023 · 2.2%
Debt ≤ 1 year
€4.37M▲
2023 · €4.27M
Debt > 1 year
€605k▼
2023 · €762k
Income taxes
€51k▲
2023 · €132
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 · 2024 against 2023 · 63 lines
Balance sheet
Code20232024
Assets
Total assets20/58€7.86M€8.11M▲
Fixed assets21/28€5.95M€5.91M▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€1.60M€1.56M▼
Land and buildings22€1.54M€1.49M▼
Furniture and vehicles24€61k€58k▼
Other tangible fixed assets26€749€6k▲
Financial fixed assets28€4.35M€4.35M=
Current assets29/58€1.90M€2.21M▲
Amounts receivable after more than one year29€875k€875k=
Other amounts receivable291€875k€875k=
Stocks and contracts in progress3€43k€43k=
Stocks30/36€43k€43k=
Amounts receivable within one year40/41€476k€850k▲
Trade receivables40€113k€139k▲
Other amounts receivable41€363k€712k▲
Current investments50/53€89k€169k▲
Cash at bank and in hand54/58€329k€163k▼
Deferred charges and accrued income490/1€93k€107k▲
Equity and liabilities
Total equity and liabilities10/49€7.86M€8.11M▲
Equity10/15€2.69M€3.00M▲
Contributions10/11€12k€12k=
Reserves13€2.68M€2.99M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€2.67M€2.99M▲
Profit (loss) carried forward14-€0
Provisions and deferred taxes16€133k€133k=
Provisions for liabilities and charges160/5€133k€133k=
Pensions and similar obligations160€133k€133k=
Amounts payable17/49€5.04M€4.98M▼
Amounts payable after more than one year17€762k€605k▼
Financial debts170/4€762k€605k▼
Amounts payable within one year42/48€4.27M€4.37M▲
Current portion of amounts payable after more than one year42€172k€144k▼
Trade debts44€14k€57k▲
Suppliers440/4€14k€57k▲
Advances received on contracts in progress46€4k€0▼
Taxes, remuneration and social security45€28k€71k▲
Taxes450/3€25k€71k▲
Remuneration and social security454/9€4k€0▼
Other amounts payable47/48€4.05M€4.10M▲
Accrued charges and deferred income492/3€3k€3k▼
Income statement
Code20232024
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€61k▼
Other operating charges640/8€5k€40k▲
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€181k€149k▼
Operating profit (loss)9901€107k€48k▼
Financial income75/76B€87k€384k▲
Recurring financial income75€87k€384k▲
Financial charges65/66B€22k€23k▲
Recurring financial charges65€22k€23k▲
Profit (loss) for the period before taxes9903€172k€409k▲
Income taxes67/77€132€51k▲
Profit (loss) for the period9904€172k€357k▲
Profit (loss) for the period to be appropriated9905€172k€357k▲
Appropriation of the result
Profit (loss) to be appropriated9906€172k€357k▲
Transfer from equity791/2-€45k
Transfer to equity691/2€172k€357k▲
To other reserves6921€172k€357k▲
Profit to be distributed694/7-€45k
Return on contributions (dividend)694-€45k
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €58k | €62k | €65k | €67k | €61k | ▼ 8.9% |
| Other operating charges640/8 | - | €5k | €10k | €5k | €40k | ▲ 692% |
| Non-recurring operating charges66A | - | - | €501 | €2k | €0 | ▼ 100% |
| Gross operating margin9900 | €170k | €153k | €-8k | €181k | €149k | ▼ 17.5% |
| Operating profit (loss)9901 | €108k | €86k | €-83k | €107k | €48k | ▼ 55.2% |
| Financial income75/76B | - | €151k | €185k | €87k | €384k | ▲ 343% |
| Recurring financial income75 | €733k | €151k | €185k | €87k | €384k | ▲ 343% |
| Financial charges65/66B | - | €59k | €44k | €22k | €23k | ▲ 5.0% |
| Recurring financial charges65 | €19k | €59k | €44k | €22k | €23k | ▲ 5.0% |
| Profit (loss) for the period before taxes9903 | €822k | €178k | €58k | €172k | €409k | ▲ 138% |
| Income taxes67/77 | €110k | €155 | €117 | €132 | €51k | ▲ 38,958% |
| Profit (loss) for the period9904 | €712k | €178k | €58k | €172k | €357k | ▲ 108% |
| Profit (loss) for the period to be appropriated9905 | €712k | €178k | €58k | €172k | €357k | ▲ 108% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.90M | €7.89M | €7.77M | €7.86M | €8.11M | ▲ 3.3% |
| Fixed assets21/28 | €5.80M | €5.93M | €5.98M | €5.95M | €5.91M | ▼ 0.8% |
| Intangible fixed assets21 | €5k | €4k | €2k | €0 | - | - |
| Tangible fixed assets22/27 | €1.45M | €1.57M | €1.63M | €1.60M | €1.56M | ▼ 2.9% |
| Land and buildings22 | - | €1.53M | €1.59M | €1.54M | €1.49M | ▼ 3.2% |
| Furniture and vehicles24 | - | €37k | €33k | €61k | €58k | ▼ 4.4% |
| Other tangible fixed assets26 | - | €8k | €4k | €749 | €6k | ▲ 722% |
| Financial fixed assets28 | €4.35M | €4.35M | €4.35M | €4.35M | €4.35M | = |
| Current assets29/58 | €2.10M | €1.96M | €1.79M | €1.90M | €2.21M | ▲ 15.9% |
| Amounts receivable after more than one year29 | - | €763k | €875k | €875k | €875k | = |
| Other amounts receivable291 | - | €763k | €875k | €875k | €875k | = |
| Stocks and contracts in progress3 | €242k | €276k | €43k | €43k | €43k | = |
| Stocks30/36 | - | €276k | €43k | €43k | €43k | = |
| Amounts receivable within one year40/41 | €803k | €675k | €647k | €476k | €850k | ▲ 78.7% |
| Trade receivables40 | - | €110k | €91k | €113k | €139k | ▲ 22.9% |
| Other amounts receivable41 | - | €565k | €556k | €363k | €712k | ▲ 96.1% |
| Current investments50/53 | €321k | €155k | €80k | €89k | €169k | ▲ 88.8% |
| Cash at bank and in hand54/58 | €53k | €49k | €75k | €329k | €163k | ▼ 50.3% |
| Deferred charges and accrued income490/1 | - | €41k | €74k | €93k | €107k | ▲ 14.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.90M | €7.89M | €7.77M | €7.86M | €8.11M | ▲ 3.3% |
| Equity10/15 | €2.34M | €2.46M | €2.52M | €2.69M | €3.00M | ▲ 11.6% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €2.33M | €2.45M | €2.50M | €2.68M | €2.99M | ▲ 11.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €2.44M | €2.50M | €2.67M | €2.99M | ▲ 11.7% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Provisions and deferred taxes16 | €133k | €133k | €133k | €133k | €133k | = |
| Provisions for liabilities and charges160/5 | - | €133k | €133k | €133k | €133k | = |
| Pensions and similar obligations160 | - | €133k | €133k | €133k | €133k | = |
| Amounts payable17/49 | €5.43M | €5.29M | €5.12M | €5.04M | €4.98M | ▼ 1.1% |
| Amounts payable after more than one year17 | €872k | €892k | €833k | €762k | €605k | ▼ 20.5% |
| Financial debts170/4 | - | €892k | €833k | €762k | €605k | ▼ 20.5% |
| Amounts payable within one year42/48 | €4.56M | €4.40M | €4.29M | €4.27M | €4.37M | ▲ 2.3% |
| Current portion of amounts payable after more than one year42 | - | €130k | €172k | €172k | €144k | ▼ 16.0% |
| Trade debts44 | €48k | €158k | €20k | €14k | €57k | ▲ 315% |
| Suppliers440/4 | - | €158k | €20k | €14k | €57k | ▲ 315% |
| Advances received on contracts in progress46 | - | - | - | €4k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €44k | €27k | €28k | €71k | ▲ 148% |
| Taxes450/3 | - | €44k | €27k | €25k | €71k | ▲ 184% |
| Remuneration and social security454/9 | - | - | - | €4k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €4.07M | €4.07M | €4.05M | €4.10M | ▲ 1.1% |
| Accrued charges and deferred income492/3 | - | €350 | €350 | €3k | €3k | ▼ 6.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €712k | €178k | €58k | €172k | €357k | ▲ 108% |
| + Depreciation and write-downs630 | €58k | €62k | €65k | €67k | €61k | ▼ 8.9% |
| Operating cash flow (approximation) | €769k | €240k | €123k | €239k | €419k | ▲ 75.3% |
| Investment in fixed assets (approximation) | - | €-186k | €-116k | €-42k | €-15k | ▲ 64.7% |
| Change in cash | - | €-4k | €26k | €254k | €-165k | ▼ 165% |
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
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
15-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 76 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 73 days late
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 243 days late
2020
31-12
Financial
Highest result since 2018net €712k ▲519%
Net result €712k, the highest in the series.
31-12
Financial
Equity above €2MEq €2.34M ▲43.7%
3 profitable years in a row build equity to €2.34M.
2019
19-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 80 days late
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 63 days late
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ingelmunster · 1 establishment unit since 2006
Ground area
4,255 m²
Building footprint
225 m²
Volume, LiDAR
1,048 m³
Parcel 36007B0985/00H000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VERSYS
since 20062.237.017.661
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007B0985/00H000 | Flanders | 4,254 m² | 1 · 225 m² | 7.7 m · 2 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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JoV DESIGN
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 15,862 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 (pre-2019)
Founded20-05-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.