VERTHO ACCOUNT
ActiveVERTHO ACCOUNT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19k and a net result of €5k. Equity is growing by ~58.5% per year across the filed fiscal years. Its solvency ranks better than 16% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▼-10
Solvency43▲+4
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.97 against 0.98 in 2023; short-term debt: 34.4% and cash: 20.9% of total assets), and 81.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
18.3%
Return on assets
5.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 15368 sector peers (2024).
NBB · sector comparisonPosition among 15368 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
12 d early
2022
24 d early
2021
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€19k▲ 40.1%
2023 · €13k
2021: €1k
2022: €7k
2023: €13k
2021 → 2024
Total assets
€103k▲ 4.6%
2023 · €99k
2021: €40k
2022: €47k
2023: €99k
2021 → 2024
Net result
€5k▼ 18.2%
2023 · €7k
2021: €209
2022: €6k
2023: €7k
2021 → 2024
Working capital
€-909▼ 14.7%
2023 · €-793
2021: €3k
2022: €6k
2023: €-793
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€1k-€7k▲ 467%€13k▲ 96.3%€19k▲ 40.1%
Operating result€2k-€11k▲ 339%€12k▲ 10.2%€13k▲ 13.3%
Net result€209-€6k▲ 2,600%€7k▲ 16.9%€5k▼ 18.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 13% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €103k
Fixed assets
€69k▲ 3.7%
Current assets
€35k▲ 6.5%
Equity and liabilities €103k
Equity
€19k▲ 40.1%
Debt
€84k▼ 1.0%
The debt ratio falls from 86.4% to 81.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▲
2023 · €16k
Cash flow
€11k▼
2023 · €11k
Solvency
18.3%▲
2023 · 13.6%
Current ratio
0.97▼
2023 · 0.98
Quick ratio
0.97▼
2023 · 0.98
Debt / equity
4.47▼
2023 · 6.33
ROE
28.6%▼
2023 · 49.1%
ROA
5.2%▼
2023 · 6.7%
Interest coverage
4.12▼
2023 · 5.15
Debt
€84k▼
2023 · €85k
Debt ≤ 1 year
€36k▲
2023 · €33k
Debt > 1 year
€49k▼
2023 · €52k
Income taxes
€3k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€99k€103k▲
Fixed assets21/28€66k€69k▲
Tangible fixed assets22/27€66k€69k▲
Furniture and vehicles24€7k€4k▼
Other tangible fixed assets26€59k€65k▲
Current assets29/58€33k€35k▲
Amounts receivable within one year40/41€8k€6k▼
Trade receivables40€7k€5k▼
Other amounts receivable41€869€498▼
Cash at bank and in hand54/58€24k€22k▼
Deferred charges and accrued income490/1€284€7k▲
Equity and liabilities
Total equity and liabilities10/49€99k€103k▲
Equity10/15€13k€19k▲
Contributions10/11€1k€1k=
Outside capital11€1k-
Other1109/19€1k-
Reserves13€12k€18k▲
Distributable reserves133€12k€18k▲
Profit (loss) carried forward14€209€209=
Amounts payable17/49€85k€84k▼
Amounts payable after more than one year17€52k€49k▼
Financial debts170/4€52k€49k▼
Amounts payable within one year42/48€33k€36k▲
Current portion of amounts payable after more than one year42€8k€10k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€20k€21k▲
Income statement
Code20232024
Non-recurring operating income76A-€689
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€18k€20k▲
Operating profit (loss)9901€12k€13k▲
Financial income75/76B€385€0▼
Recurring financial income75€385€0▼
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€9k€9k▼
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€7k€5k▼
Profit (loss) for the period to be appropriated9905€7k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€6k▼
Profit (loss) brought forward from the previous period14P€209€209=
Transfer to equity691/2€7k€5k▼
To other reserves6921€7k€5k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €7k ▲16.9%
Net result €7k, the highest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Beernem · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zavelstraat 138730 BeernemGround area
1,228 m²
Building footprint
210 m²
Parcel 31003C0458/00P000, Flanders. Linked by address, not a title deed.
1 establishment unit
Vertho Account
since 20202.311.096.759
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003C0458/00P000 | Flanders | 1,228 m² | 1 · 210 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 32 EUR awarded · 32 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 32 EUR | 32 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,174 companies in sector 69201 we hold annual accounts for 7,638. 4,310 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2020
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:vertho.account@telenet.be