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VERTOMMEN TECHNOLOGY CONSTRUCTIONS

Active
Private limited companyfounded 1988active for 37 yearsKwatrechtstraat 40, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0436.308.176
Summary

VERTOMMEN TECHNOLOGY CONSTRUCTIONS has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €390,265 and a net result of -€34,607. Equity is shrinking by about 2.5% per year across the filed financial years. Its solvency ranks better than 52% of 19,145 sector peers (NACE 68, financial year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€1.1mtotal assets 2024
Equity
€390,265
Loss
-€34,607
Turnover not published (micro format)
Financial health
67 Healthy Checked score 2024
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Accounts filed 31 days late0 of 5 deeds read
Why 67raises riskFigures for financial year 2024 (filed 31-08-2025)Liquidity: current ratio 0.86, cash €5,575lowers riskSize: total assets €1.1mFounded in 1988Show the evidence

Checked score

Score 2024
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 36% of its sector peers (NACE 68, micro)
Financial strength · tick = 2023
Weak
Solvency 59+2
equity 34.2% of total assets
Liquidity 38+4
short-term debt 29.6% · cash 0.5%
Profitability 30+12
return on assets -3.0%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,562 companies, NACE 68, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.8%▲ +0.3 percentage points vs 06-2025 08-2025: 0.9%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.6 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.7%▲ +0.1 percentage points vs 08-2026 10-2026: 0.9%▲ +0.2 percentage points vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.86, compared with 0.84 in 2023, below 1; short-term debt: 29.6% and cash: 0.5% of total assets), and 65.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 52% on solvency, 31% on liquidity and 26% on profitability.

The bankruptcy probability was computed on 13-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 31-08-2025)
NBB · annual accounts
lowers risk · Size: total assets €1.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.86, cash €5,575
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€34,607
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 10 filings
Deviation from the deadline
2024
31 days late
2023
62 days late
2022
236 days late
2021
601 days late
2020
23 days late
2019
123 days early
2018
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 118 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet -€34,607
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2024 -€34,607 View
  • Caution: Among the weakest 13% on net resultsector median €4,589 · 19,133 companies -€34,607 View
  • Active since 1988founded 23-12-1988 37 years View

By topic

Financials

Financial year
2024
Total assets
€1.1m
Loss
-€34,607
Solvency
34.2%
Total assets▼ 12.7%
Net result
20182024
Go to Financials

Timeline

Events
38
Since
1990
  1. 21-02-2024Annual accounts filed
  2. 21-02-2024Annual accounts filed
  3. 23-07-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
23-12-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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