VERTIA
ActiveVERTIA has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67k and a net result of €6k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 41% of 18040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▲+2
Solvency48▲+4
Growth58▼-1
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.24 in 2024; short-term debt: 76.5% and cash: 0.8% of total assets), and 76.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
23.5%
Return on assets
2.1%
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 07-07-2026, 24 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
24 d early
2024
102 d late
2023
40 d early
2022
46 d late
2021
23 d late
2020
40 d late
2018
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€708k▼ 10.3%
2024 · €790k
2018: €969k
2020: €947k
2021: €844k
2022: €724k
2023: €575k
2024: €790k
2018 → 2025
EBIT margin
0.9%▲ 0.2pp
2024 · 0.6%
2018: 0.3%
2020: 0.5%
2021: 2.5%
2022: 0.3%
2023: 0.6%
2024: 0.6%
2018 → 2025
Net result
€6k▲ 21.7%
2024 · €5k
2018: €3k
2020: €5k
2021: €21k
2022: €2k
2023: €4k
2024: €5k
2018 → 2025
Working capital
€67k▲ 9.9%
2024 · €61k
2018: €23k
2020: €30k
2021: €51k
2022: €53k
2023: €56k
2024: €61k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€844k-€724k▼ 14.2%€575k▼ 20.6%€790k▲ 37.5%€708k▼ 10.3%
Equity€51k-€53k▲ 4.4%€56k▲ 6.7%€61k▲ 8.8%€67k▲ 9.9%
Operating result€21k-€2k▼ 89.1%€4k▲ 59.5%€5k▲ 39.1%€6k▲ 21.9%
Net result€21k-€2k▼ 89.4%€4k▲ 61.5%€5k▲ 39.9%€6k▲ 21.7%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 22% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €287k
Equity
€67k▲ 9.9%
Debt
€220k▼ 13.9%
The debt ratio falls from 80.6% to 76.5%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
23.5%▲
2024 · 19.4%
Current ratio
1.31▲
2024 · 1.24
Quick ratio
0.08▼
2024 · 0.50
Debt / equity
3.26▼
2024 · 4.16
ROE
9.0%▲
2024 · 8.1%
ROA
2.1%▲
2024 · 1.6%
Debt
€220k▼
2024 · €255k
Debt ≤ 1 year
€220k▼
2024 · €255k
Staff costs
€82k▲
2024 · €53k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€316k€287k▼
Current assets29/58€316k€287k▼
Stocks and contracts in progress3€188k€270k▲
Stocks30/36€188k€270k▲
Amounts receivable within one year40/41€17k€14k▼
Other amounts receivable41€17k€14k▼
Cash at bank and in hand54/58€111k€2k▼
Equity and liabilities
Total equity and liabilities10/49€316k€287k▼
Equity10/15€61k€67k▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€49k€55k▲
Amounts payable17/49€255k€220k▼
Amounts payable within one year42/48€255k€220k▼
Trade debts44€203k€49k▼
Suppliers440/4€203k€49k▼
Taxes, remuneration and social security45€52k€82k▲
Taxes450/3€3k-
Remuneration and social security454/9€49k€82k▲
Other amounts payable47/48-€89k
Income statement
Code20242025
Turnover70€790k€708k▼
Goods, raw materials, services and sundry goods60/61€731k€618k▼
Remuneration, social security and pensions62€53k€82k▲
Other operating charges640/8€639€2k▲
Gross operating margin9900€59k€90k▲
Operating profit (loss)9901€5k€6k▲
Financial charges65/66B€34€51▲
Recurring financial charges65€34€51▲
Profit (loss) for the period before taxes9903€5k€6k▲
Profit (loss) for the period9904€5k€6k▲
Profit (loss) for the period to be appropriated9905€5k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€49k€55k▲
Profit (loss) brought forward from the previous period14P€44k€49k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 102 days late
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
31-12
Financial
Weakest financial yearnet €2k ▼89.4%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Highest result since 2018net €21k ▲302%
Operating result €21k, net result €21k, both a record.
31-12
Financial
Liquidity times 10current ratio 10.89
Current ratio from 1.13 to 10.89; short-term debt falls from €229k to €5k.
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 40 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 76 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Liège · 2 establishment units since 2016
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.
Rue du Moulin 794020 LiègeGround area
322 m²
Building footprint
152 m²
Volume, LiDAR
770 m³
2 parcels, Wallonia · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
VERTIA III
since 20162.248.844.040
VERTIA I
since 20162.248.844.139
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62078A0558/00V027 | Wallonia | 176 m² | 1 · 64 m² | 14.3 m · 4 fl. |
| 62020A0493/00M002 | Wallonia | 146 m² | 1 · 88 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesLiège2.248.844.040
Liège2.248.844.139
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Of 10,530 companies in sector 47110 we hold annual accounts for 5,858. 4,670 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2015
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.