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VERTHI

Active
Private limited companyfounded 2024active for 1 yearPoedermagazijnstraat 103, 8930 Menen, BelgiumKBO/BCE: BE 1016.283.549
Summary

The computed 12-month bankruptcy probability of VERTHI is 3.3% (moderate). The 2025 annual accounts show equity of €46,090 and a net result of €43,923. Its solvency ranks better than 42% of 5,897 sector peers (NACE 49, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 15-11-2024 Normal situation
Activity
Freight transport by road NACE 49410and 7 others
Establishment unit
2.367.305.883 8980 Zonnebeke, since 15-11-2024
Financial year end
31 December
Peppol
Reachable since 06-01-2026

Board and ownership

Board

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.3%
Annual accounts 2025
Gross margin
€70,102
Turnover
≈ €240,000
estimated
Profit
€43,923
Equity
€46,090
Total assets
€154,173
  • 2025 accounts filed 13 days after the deadline
Score breakdownraises riskFounded in 2024Sector: Land transport and transport via pipelines (NACE 49)Size: total assets €154,173lowers riskFigures for financial year 2025 (filed on 13-08-2026)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 65% of micro companies in land transport (NACE 49)
Financial strength
Strong
Solvency 55
equity 29.9% of total assets
Liquidity 53
short-term debt 25.9% · cash 10.8%
Profitability 100
return on assets 28.5%
Bankruptcy probability within 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 12-2025: 3.6% 01-2026: 3.7%▲ +0.1 percentage points vs 12-2025 02-2026: 3.8%▲ +0.1 percentage points vs 01-2026 03-2026: 4.1%▲ +0.3 percentage points vs 02-2026 04-2026: 4.2%▲ +0.1 percentage points vs 03-2026 05-2026: 4.6%▲ +0.4 percentage points vs 04-2026 06-2026: 5.0%▲ +0.4 percentage points vs 05-2026highest value 07-2026: 5.0%● unchanged vs 06-2026highest value 08-2026: 4.8%▼ -0.2 percentage points vs 07-2026 09-2026: 3.2%▼ -1.6 percentage points vs 08-2026lowest value 10-2026: 3.3%▲ +0.1 percentage points vs 09-2026 11-2026: 3.3%● unchanged vs 10-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.03, above the usual 1.5. Short-term debt is 25.9% and cash 10.8% of total assets. However, 70.1% 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 49, micro). It does better than 41% of them on solvency, 59% on liquidity and 94% on profitability.

The bankruptcy probability was computed on 03-11-2026 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 risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Size: total assets €154,173
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 13-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 13 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
13 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Positive: Higher net result than 87% of companies in land transportsector median €5,707 · 5,868 companies €43,923 View

Recent changes

  1. · Gazette deed Purpose
  2. · Gazette deed IncorporationStarting capital €3,000 · Appointment: VERBEKE Thibault Frans Agnes (director)
All 3 events

Comparable companies

These companies have the same main activity as VERTHI: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €135,000 and €182,000, founded between 2024 and 2025.

CompanyTotal assetsGross margin
VERTHI Menen€154,173€70,102
ARCA Trans Waregem€153,332€60,352
RENBO EXPRESS Wevelgem€143,213€64,327
RUSEV TRANSPORT Beveren-Kruibeke-Zwijndrecht€143,882€73,140
Lièri Evere€159,089€63,414
De Brabander (Hijs) Transport BV Lievegem€135,478€68,778
INS TRANS Zaventem€182,387€66,587
Full comparison

Key facts about VERTHI

What is the company number of VERTHI?
The company number of VERTHI is 1016.283.549. The VAT number is the same number with BE in front: BE 1016.283.549.
Where is VERTHI based?
The registered office is at Poedermagazijnstraat 103, 8930 Menen.Company details
What does VERTHI do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of VERTHI?
The legal form of VERTHI is Private limited company (BV).
When was VERTHI founded?
VERTHI was founded on 15-11-2024.
Is VERTHI still active?
Yes, VERTHI is an active enterprise in the KBO register.
What is the turnover of VERTHI?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €70,102 and 46 comparable companies (NACE 49410). It probably lies between €190,000 and €300,000.Financials
Is VERTHI profitable?
In financial year 2025, VERTHI made a profit of €43,923.
Where can I find the annual accounts of VERTHI?
VERTHI filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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