Skip to content

VERTECC PROJECTS

Active
Private limited companyfounded 20242 yrs activeRollegem-Kapelsestraat 100, 8880 Ledegem, BelgiumKBO/BCE: BE 1014.039.879
Summary

The computed 12-month bankruptcy probability of VERTECC PROJECTS is 2.3% (moderate). The 2025 annual accounts show equity of €38,013 and a net result of €35,513. Its solvency ranks better than 89% of 28806 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
General electrical installation work
NACE 43211
1 site
How big
€45,061total assets 2025
Equity
€38,013
Profit
€35,513
Turnover not published (abridged schema)
Financially healthy?
83 Excellent Checked score 2025
Bankruptcy chance 12 m
2.3%
Who decides
Accounts 2 d early0 of 1 deed read
Why 83- Young company- Higher-failure-rate sector+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 6.23; short-term debt: 15.6% and cash: 62.8% of total assets), and 15.6% 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

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
84.4%
Return on assets
78.8%
Age of the figures
9 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
2 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2025 · micro…

Financials

Fiscal year 2025Total assets €45,061Profit €35,513Solvency 84.4%Liquidity 6.23
Total assets
€45,061
2025
Net result
€35,513
2025
Equity
€38,013
2025
Solvency
84.4%
2025

Financials · fiscal year 2025, micro schema

Trend over the years1 fiscal year

Turnover and EBIT margin not published: the micro schema does not require them.

Result and balance sheet2025
Balance-sheet composition
Assets €45,061
Fixed assets €1,114
Current assets €43,947
Equity and liabilities €45,061
Equity €38,013
Debt €7,049
Debt finances 15.6% of the balance-sheet total.
Key figures and ratios2025
Key figures and ratios
2025 value
EBITDA
€50,288
Cash flow
€40,356
Current ratio
6.23
Debt to equity
0.19
ROE
93.4%
ROA
78.8%
Interest coverage
208.02
Debt ≤ 1 year
€7,049
Income taxes
€9,690
Staff costs
€2,624

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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% 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 39,278 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.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€45,061
Fixed assets21/28€1,114
Tangible fixed assets22/27€1,114
Furniture and vehicles24€1,114
Current assets29/58€43,947
Amounts receivable within one year40/41€15,632
Trade receivables40€13,322
Other amounts receivable41€2,310
Cash at bank and in hand54/58€28,315
Equity and liabilities
Total equity and liabilities10/49€45,061
Equity10/15€38,013
Contributions10/11€2,500
Profit (loss) carried forward14€35,513
Amounts payable17/49€7,049
Amounts payable within one year42/48€7,049
Trade debts44€2,057
Suppliers440/4€2,057
Taxes, remuneration and social security45€52
Taxes450/3€52
Other amounts payable47/48€4,939
Income statement Code2025
Remuneration, social security and pensions62€2,624
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,843
Other operating charges640/8€673
Gross operating margin9900€53,585
Operating profit (loss)9901€45,444
Financial charges65/66B€242
Recurring financial charges65€242
Profit (loss) for the period before taxes9903€45,203
Income taxes67/77€9,690
Profit (loss) for the period9904€35,513
Profit (loss) for the period to be appropriated9905€35,513
Appropriation of the result
Profit (loss) to be appropriated9906€35,513

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€2,624
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,843
Other operating charges640/8€673
Gross operating margin9900€53,585
Operating profit (loss)9901€45,444
Financial charges65/66B€242
Recurring financial charges65€242
Profit (loss) for the period before taxes9903€45,203
Income taxes67/77€9,690
Profit (loss) for the period9904€35,513
Profit (loss) for the period to be appropriated9905€35,513
Line2025
Assets
Total assets20/58€45,061
Fixed assets21/28€1,114
Tangible fixed assets22/27€1,114
Furniture and vehicles24€1,114
Current assets29/58€43,947
Amounts receivable within one year40/41€15,632
Trade receivables40€13,322
Other amounts receivable41€2,310
Cash at bank and in hand54/58€28,315
Equity and liabilities
Total equity and liabilities10/49€45,061
Equity10/15€38,013
Contributions10/11€2,500
Profit (loss) carried forward14€35,513
Amounts payable17/49€7,049
Amounts payable within one year42/48€7,049
Trade debts44€2,057
Suppliers440/4€2,057
Taxes, remuneration and social security45€52
Taxes450/3€52
Other amounts payable47/48€4,939
Line2025
Profit (loss) for the period9904€35,513
+ Depreciation and write-downs630€4,843
Operating cash flow (approximation)€40,356

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

Comparable companies5

Similar companies · same sector, comparable size

Of 22,846 companies in this sector we hold annual accounts for 10,344. 8,292 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Timeline

1 eventLatest 29-07-2026

History

On 24 September 2024, VERTECC PROJECTS was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

Acts, filings and financial milestones

2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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.

Support & recognitions

1 register with a recognitionLEI issued
LEI
active
875500AM9Q6M999UCZ41
Recognitions · licences · registrations1

Legal Entity Identifier

875500AM9Q6M999UCZ41
live in the LEI register

Company details

Private limited company · founded 24-09-2024Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded24-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
33110Repair and maintenance of fabricated metal products
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014039879
Also 9925:BE1014039879
Registered 17-12-2024

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

Register as of 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Ledegem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
988 m²
Building footprint
237 m²
Volume, LiDAR
1,294 m³
Parcel 36016B0280/00P007, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
VERTECC PROJECTS
Rollegem-Kapelsestraat 100, 8880 LedegemRepair and maintenance of fabricated metal products
since 2024unit no. 2.365.470.902
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36016B0280/00P007 Flanders 988 m² 1 · 237 m² 11.5 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.

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

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