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VERTICAL SOLUTION

Active
Private limited companyfounded 20197 yrs activeNering 28, 1650 Beersel, BelgiumKBO/BCE: BE 0733.829.546
Summary

The computed 12-month bankruptcy probability of VERTICAL SOLUTION is 2.4% (moderate). The 2024 annual accounts show equity of €120,957 and a net result of €59. Equity is growing by ~18% per year across the filed fiscal years. Its solvency ranks better than 89% of 9989 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
VERTICAL SOLUTIONActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201
1 site
Size
€147,683total assets 2024
Equity
€120,957
Profit
€59
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2024
Bankruptcy chance 12 m
2.4%
Structure
Accounts 66 d overdue0 of 1 deed read
Why 53- Figures for FY 2024 (filed 03-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 29 days late; 1 of the last 3 late- Sector Construction of residential and non-residential buildings (NACE 41)+ Liquidity: current ratio 5.93, cash €39,124Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 63% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency 100=
equity 81.9% of total assets
Liquidity 81+16
short-term debt 14.1% · cash 26.5%
Profitability 69-17
return on assets 0.0%
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,373 companies)
Last 24 months 11-2024: 2.4% 12-2024: 2.4%▼ -1.6% vs 11-2024 01-2025: 2.3%▼ -1.3% vs 12-2024 02-2025: 2.4%▲ +2.7% vs 01-2025 03-2025: 2.4%▼ -1.8% vs 02-2025 04-2025: 2.4%▲ +2.1% vs 03-2025 05-2025: 2.4%▲ +1.0% vs 04-2025 06-2025: 2.4%▲ +0.3% vs 05-2025 07-2025: 2.5%▲ +2.7% vs 06-2025 08-2025: 2.9%▲ +15.8% vs 07-2025 09-2025: 3.0%▲ +4.1% vs 08-2025highest value 10-2025: 0.9%▼ -69.1% vs 09-2025 11-2025: 0.9%● 0.0% vs 10-2025 12-2025: 0.8%▼ -14.8% vs 11-2025 01-2026: 0.8%▼ -3.7% vs 12-2025lowest value 02-2026: 0.8%▲ +3.1% vs 01-2026 03-2026: 0.8%▼ -0.6% vs 02-2026 04-2026: 0.8%▲ +1.9% vs 03-2026 05-2026: 0.8%▲ +5.1% vs 04-2026 06-2026: 0.8%● 0.0% vs 05-2026 07-2026: 0.9%▲ +4.1% vs 06-2026 08-2026: 1.4%▲ +61.1% vs 07-2026 09-2026: 1.6%▲ +14.2% vs 08-2026 10-2026: 2.4%▲ +52.3% vs 09-2026
  • Figures for FY 2024 (filed 03-09-2025) raises the probability
  • Liquidity: current ratio 5.93, cash €39,124 lowers the probability
  • 1 financial year not filed after the legal deadline; latest accounts 29 days late; 1 of the last 3 late raises the probability
  • Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 5.93 against 7.72 in 2023; short-term debt: 14.1% and cash: 26.5% of total assets), and 18.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 92%, liquidity 83%, profitability 39%, growth against the median 35%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 03-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 5.93, cash €39,124
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 29 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
In the bankruptcy model this factor raises the probability.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
85 d late
2021
68 d late
2020
76 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 58 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

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 2024 · micro…
  2. Weakest financial yearnet €59 ▼99.8%
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 66 d late View
  • Positive: Among the best 11% on solvencysector median 42.3% · 9,989 companies 81.9% View
  • Positive: 5 profitable years in a rowprofit 2024: €59 5 years View

By topic

Financials

Fiscal year
2024
Total assets
€147,683
Profit
€59
Solvency
81.9%
Turnover▲ 17.6%
Net result
20202022
Go to Financials

Timeline

Events
7
Since
2021
  1. 29-08-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 30-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
09-09-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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