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VERTHO

Active
Private limited companyfounded 20251 yr activeRijkestraat 58, 9968 Assenede, BelgiumKBO/BCE: BE 1026.621.175
Summary

VERTHO has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €620,196 and a net result of €20,940. Its solvency ranks better than 95% of 14284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes
Profitability73
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days only on tighter terms
Liquidity ample (current ratio 8.58; short-term debt: 0.8% and cash: 3.5% of total assets), and 0.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 1 year 0 10 y
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
99.2%
Return on assets
3.3%
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 27-07-2026, 4 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
4 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

History

VERTHO was incorporated on 19 August 2025 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

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Financials · fiscal year 2025, micro schema

Equity
€620,196
Total assets
€625,431
Net result
€20,940
Working capital
€39,703

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

Balance-sheet composition
Assets €625,431
Fixed assets €580,492
Current assets €44,938
Equity and liabilities €625,431
Equity €620,196
Debt €5,235
Debt finances 0.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€44,948
Cash flow
€39,703
Current ratio
8.58
Debt to equity
0.01
ROE
3.4%
ROA
3.3%
Interest coverage
4563.25
Debt ≤ 1 year
€5,235
Income taxes
€5,235

Peer companies

Historical observation

Of the 22,982 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96% are still going.

  • Small
  • solvency 30% or more
  • a profit under 5% of the balance sheet
  • without age
0.3% went bankrupt
3.5% 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 bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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 22,982 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€625,431
Fixed assets21/28€580,492
Tangible fixed assets22/27€580,492
Land and buildings22€580,492
Current assets29/58€44,938
Amounts receivable within one year40/41€18,000
Other amounts receivable41€18,000
Cash at bank and in hand54/58€21,977
Deferred charges and accrued income490/1€4,961
Equity and liabilities
Total equity and liabilities10/49€625,431
Equity10/15€620,196
Contributions10/11€432,783
Reserves13€166,473
Distributable reserves133€166,473
Profit (loss) carried forward14€20,940
Amounts payable17/49€5,235
Amounts payable within one year42/48€5,235
Taxes, remuneration and social security45€5,235
Taxes450/3€5,235
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,764
Other operating charges640/8€3,035
Gross operating margin9900€47,983
Operating profit (loss)9901€26,184
Financial charges65/66B€10
Recurring financial charges65€10
Profit (loss) for the period before taxes9903€26,175
Income taxes67/77€5,235
Profit (loss) for the period9904€20,940
Profit (loss) for the period to be appropriated9905€20,940
Appropriation of the result
Profit (loss) to be appropriated9906€20,940

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,764
Other operating charges640/8€3,035
Gross operating margin9900€47,983
Operating profit (loss)9901€26,184
Financial charges65/66B€10
Recurring financial charges65€10
Profit (loss) for the period before taxes9903€26,175
Income taxes67/77€5,235
Profit (loss) for the period9904€20,940
Profit (loss) for the period to be appropriated9905€20,940
Line2025
Assets
Total assets20/58€625,431
Fixed assets21/28€580,492
Tangible fixed assets22/27€580,492
Land and buildings22€580,492
Current assets29/58€44,938
Amounts receivable within one year40/41€18,000
Other amounts receivable41€18,000
Cash at bank and in hand54/58€21,977
Deferred charges and accrued income490/1€4,961
Equity and liabilities
Total equity and liabilities10/49€625,431
Equity10/15€620,196
Contributions10/11€432,783
Reserves13€166,473
Distributable reserves133€166,473
Profit (loss) carried forward14€20,940
Amounts payable17/49€5,235
Amounts payable within one year42/48€5,235
Taxes, remuneration and social security45€5,235
Taxes450/3€5,235
Line2025
Profit (loss) for the period9904€20,940
+ Depreciation and write-downs630€18,764
Operating cash flow (approximation)€39,703

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

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Timeline · acts, filings and financial milestones

2026
27-07
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.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Assenede · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
2,220 m²
Building footprint
318 m²
Volume, LiDAR
1,627 m³
Parcel 43012A0598/00L000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Rijkestraat 58, 9968 Assenede
Buying and selling of own real estate
since 20252.380.615.768
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43012A0598/00L000 Flanders 2,220 m² 1 · 318 m² 6.7 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.

Similar companies · same sector, comparable size

Of 9,141 companies in this sector we hold annual accounts for 6,773. 5,010 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded19-08-2025
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
E-invoicing
Not found in the Peppol register

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Register as of 30 September 2026 · Peppol Directory

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