Skip to content

VERTEAU

Active
Private limited companyfounded 20206 yrs activeHospitaalweg(Mar) 1a, 8510 Kortrijk, BelgiumKBO/BCE: BE 0754.793.127
Summary

The computed 12-month bankruptcy probability of VERTEAU is 2.9% (moderate). The 2025 annual accounts show equity of €139,297 and a net result of -€7,931. Equity is shrinking by ~4.7% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability16=
Solvency70▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.01 in 2024; short-term debt: 8.5% and cash: 0.1% of total assets), and 54.6% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
45.4%
Return on assets
-2.6%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
22232425
2022 to 2025 · latest year -€7,931
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
39 d early
2024
46 d early
2023
28 d early
2022
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 39 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 21 December (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VERTEAU was incorporated on 24 September 2020 as a Private limited company.1 Total assets went from EUR 313,951 in 2022 to EUR 306,881 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
€139,297▼ 5.4%
2024 · €147,228
Total assets
€306,881▼ 0.7%
2024 · €308,899
Net result
-€7,931▼ 12.2%
2024 · -€7,066
Working capital
-€25,792▼ 29.1%
2024 · -€19,980
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result-€5,014--€3,597▲ 28.3%-€4,213▼ 17.1%-€5,066▼ 20.2%
Net result-€10,255--€6,450▲ 37.1%-€7,066▼ 9.6%-€7,931▼ 12.2%
Equity€160,745-€154,295▼ 4.0%€147,228▼ 4.6%€139,297▼ 5.4%
Total assets€313,951-€311,456▼ 0.8%€308,899▼ 0.8%€306,881▼ 0.7%
Debt€153,206-€157,161▲ 2.6%€161,671▲ 2.9%€167,584▲ 3.7%
Working capital-€10,927--€15,271▼ 39.8%-€19,980▼ 30.8%-€25,792▼ 29.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2022: -€5,014-€5,014Net result 2022: -€10,255-€10,255Operating result 2023: -€3,597-€3,597Net result 2023: -€6,450-€6,450Operating result 2024: -€4,213-€4,213Net result 2024: -€7,066-€7,066Operating result 2025: -€5,066-€5,066Net result 2025: -€7,931-€7,9312022202320242025-€8,000-€6,000-€4,000-€2,000€0Operating result 2023: -€3,597-€3,600Net result 2023: -€6,450-€6,450Operating result 2024: -€4,213-€4,210Net result 2024: -€7,066-€7,070Operating result 2025: -€5,066-€5,070Net result 2025: -€7,931-€7,930202320242025
The operating result stays negative: a loss of €5,066 in 2025 against €4,213 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €306,139
Fixed assets €305,880 =
Current assets €259 ▲ 51.2%
Equity and liabilities €306,881
Equity €139,297 ▼ 5.4%
Debt €167,584 ▲ 3.7%
Debt's share of the balance-sheet total rises from 52.3% to 54.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€2,960▼
2024 · -€2,107
Cash flow
-€5,825▼
2024 · -€4,960
Current ratio
0.01▲
2024 · 0.01
Debt to equity
1.20▲
2024 · 1.10
ROE
-5.7%▼
2024 · -4.8%
ROA
-2.6%▼
2024 · -2.3%
Interest coverage
-1.03▼
2024 · -0.74
Debt ≤ 1 year
€26,051▲
2024 · €20,151
Debt > 1 year
€139,880=
2024 · €139,880
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€308,899€306,881▼
Formation expenses20€2,848€742▼
Fixed assets21/28€305,880€305,880=
Financial fixed assets28€305,880€305,880=
Current assets29/58€172€259▲
Cash at bank and in hand54/58€172€259▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€308,899€306,881▼
Equity10/15€147,228€139,297▼
Contributions10/11€171,000€171,000=
Profit (loss) carried forward14-€23,772-€31,703▼
Amounts payable17/49€161,671€167,584▲
Amounts payable after more than one year17€139,880€139,880=
Financial debts170/4€139,880€139,880=
Amounts payable within one year42/48€20,151€26,051▲
Trade debts44€0-
Suppliers440/4€0-
Other amounts payable47/48€20,151€26,051▲
Accrued charges and deferred income492/3€1,640€1,653▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,106€2,106=
Other operating charges640/8€501€526▲
Gross operating margin9900-€1,606-€2,434▼
Operating profit (loss)9901-€4,213-€5,066▼
Financial charges65/66B€2,853€2,865▲
Recurring financial charges65€2,853€2,865▲
Profit (loss) for the period before taxes9903-€7,066-€7,931▼
Profit (loss) for the period9904-€7,066-€7,931▼
Profit (loss) for the period to be appropriated9905-€7,066-€7,931▼
Appropriation of the result
Profit (loss) to be appropriated9906-€23,772-€31,703▼
Profit (loss) brought forward from the previous period14P-€16,705-€23,772▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,471€2,106€2,106€2,106=
Other operating charges640/8€1,078€479€501€526▲ 5.0%
Gross operating margin9900-€465-€1,011-€1,606-€2,434▼ 51.5%
Operating profit (loss)9901-€5,014-€3,597-€4,213-€5,066▼ 20.2%
Financial charges65/66B€5,241€2,853€2,853€2,865▲ 0.4%
Recurring financial charges65€5,241€2,853€2,853€2,865▲ 0.4%
Profit (loss) for the period before taxes9903-€10,255-€6,450-€7,066-€7,931▼ 12.2%
Profit (loss) for the period9904-€10,255-€6,450-€7,066-€7,931▼ 12.2%
Profit (loss) for the period to be appropriated9905-€10,255-€6,450-€7,066-€7,931▼ 12.2%
Line2022202320242025Change
Assets
Total assets20/58€313,951€311,456€308,899€306,881▼ 0.7%
Formation expenses20€7,061€4,954€2,848€742▼ 74.0%
Fixed assets21/28€305,880€305,880€305,880€305,880=
Financial fixed assets28€305,880€305,880€305,880€305,880=
Current assets29/58€1,010€621€172€259▲ 51.2%
Cash at bank and in hand54/58€781€372€172€259▲ 51.2%
Deferred charges and accrued income490/1€230€250€0--
Equity and liabilities
Total equity and liabilities10/49€313,951€311,456€308,899€306,881▼ 0.7%
Equity10/15€160,745€154,295€147,228€139,297▼ 5.4%
Contributions10/11€171,000€171,000€171,000€171,000=
Profit (loss) carried forward14-€10,255-€16,705-€23,772-€31,703▼ 33.4%
Amounts payable17/49€153,206€157,161€161,671€167,584▲ 3.7%
Amounts payable after more than one year17€139,880€139,880€139,880€139,880=
Financial debts170/4€139,880€139,880€139,880€139,880=
Amounts payable within one year42/48€11,937€15,892€20,151€26,051▲ 29.3%
Trade debts44€460€499€0--
Suppliers440/4€460€499€0--
Taxes, remuneration and social security45€1,043€0---
Taxes450/3€1,043€0---
Other amounts payable47/48€10,434€15,393€20,151€26,051▲ 29.3%
Accrued charges and deferred income492/3€1,389€1,389€1,640€1,653▲ 0.8%
Line2022202320242025Change
Profit (loss) for the period9904-€10,255-€6,450-€7,066-€7,931▼ 12.2%
+ Depreciation and write-downs630€3,471€2,106€2,106€2,106=
Operating cash flow (approximation)-€6,784-€4,344-€4,960-€5,825▼ 17.4%
Investment in fixed assets (approximation)--€2,106-€2,106-€2,106=
Change in cash--€409-€200€88▲ 144%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
23-12
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
16-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
03-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
19-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Kortrijk · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
9,747 m²
Building footprint
6,061 m²
Volume, LiDAR
33,882 m³
Parcel 34026A0301/03V000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERTEAU
Hospitaalweg(Mar) 1a, 8510 KortrijkHoldings
since 20202.307.770.352
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34026A0301/03V000 Flanders 9,747 m² 1 · 6,061 m² 8.4 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.

Structure & network

Owners and holdings

1 owner · 2 holdings

Owners 1

Holdings 2

According to the annual accounts to 30-06-2025 of VERTEAU and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded24-09-2020
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.