Financials
- Fiscal year
- 2025
- Total assets
- €2.0m
- Profit
- €1.4m
- Solvency
- 95.3%
Total assets▲ 144%
Net result
20182025
Vervaeke-Belavi
ActiveSummary
Vervaeke-Belavi has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €1.4m. Equity is shrinking by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 94% of 524 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Crop and animal production, hunting and related service activities
NACE 01471
#9 company by equity in Tielt, Agriculture, forestry and fishing sector1 site
Size
€2.0mtotal assets 2025
- Equity
- €1.9m
- Profit
- €1.4m
Structure
- Parent
- Yellow Bird · 100%
- Board
- 1 member
- Holdings
- 2
Accounts 14 d early1 of 10 deeds read
Why 95- Liquidity: current ratio 21.49, cash €128, halved+ Founded in 2008+ Equity €1.9m (95.3% of total assets)+ Figures for FY 2025 (filed 17-07-2026)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Better than 84% of its sector peers (NACE 01, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100+12
equity 95.3% of total assets
Liquidity
50+17
short-term debt 4.7% · cash 0.0%
Profitability
100=
return on assets 69.5%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● 0.0% vs 11-2024
01-2025: 0.1%▼ -4.8% vs 12-2024lowest value
02-2025: 0.1%▲ +8.3% vs 01-2025
03-2025: 0.1%● 0.0% vs 02-2025
04-2025: 0.1%▼ -3.1% vs 03-2025
05-2025: 0.1%▼ -3.2% vs 04-2025
06-2025: 0.1%▲ +9.8% vs 05-2025
07-2025: 0.1%▲ +56.7% vs 06-2025
08-2025: 0.2%▲ +63.8% vs 07-2025
09-2025: 0.2%▼ -7.0% vs 08-2025
10-2025: 0.2%● 0.0% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%● 0.0% vs 12-2025
02-2026: 0.2%▲ +6.9% vs 01-2026
03-2026: 0.2%▲ +0.6% vs 02-2026
04-2026: 0.2%▲ +8.7% vs 03-2026
05-2026: 0.2%▼ -2.7% vs 04-2026
06-2026: 0.2%▼ -1.1% vs 05-2026
07-2026: 0.2%▲ +7.2% vs 06-2026highest value
08-2026: 0.1%▼ -22.8% vs 07-2026
09-2026: 0.1%● 0.0% vs 08-2026
10-2026: 0.1%● 0.0% vs 09-2026
- Liquidity: current ratio 21.49, cash €128, halved raises the probability
- Founded in 2008 lowers the probability for this profile
- Equity €1.9m (95.3% of total assets) lowers the probability
- Figures for FY 2025 (filed 17-07-2026) lowers the probability
Credit up to €180,000 at 30 days acceptable
Liquidity ample (current ratio 21.49 against 2.72 in 2024; short-term debt: 4.7% and cash: 0% of total assets), and 4.7% 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 01, small). Better than this share of them on solvency 91%, liquidity 51%, profitability 98%, growth against the median 97%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.9m
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
28 d late
2023
30 d late
2022
4 d early
2021
31 d late
2020
31 d late
2019
17 d late
← 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 17 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 28 August (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Resignation: van Kesteren Daniel (non-statutory director)Appointment: Yellow Bird (non-statutory director)…
- Annual accounts filedfiscal year 2025 · full…
- Liquidity times 8current ratio 21.49
Key points
- Positive: Equity rose in 2025from €518,838 to €1.9m ▲ 268% View
- Positive: Among the best 7% on solvencysector median 44.6% · 524 companies 95.3% View
- Caution: Board changedlatest change 19-12-2025 · 1 in office 1 joined · 1 left View
- Positive: 8 profitable years in a rowprofit 2025: €1.4m 8 years View
- Controlled by Yellow Birditself parent of 2 companies 100% View
By topic
Board & ownership
- Board
- 1 member
- Parent
- Yellow Bird · 100%
Go to Board & ownership
Network & group
- Subsidiaries
- 2
2 subsidiaries
Timeline
- Events
- 16
- Since
- 2017
- Next accounts
- by 31-07-2027
- 26-08-2026Resignation: van Kesteren Daniel (non-statutory director)
- 17-07-2026Annual accounts filed
- 31-12-2025Liquidity times 8
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Crop and animal production, hunting and related service…NACE 01471
- Founded
- 30-09-2008
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.