VERVAET B.
ActiveVERVAET B. has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €470k and a net result of €3k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 31% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▼-8
Solvency55▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.44 in 2024; short-term debt: 37.9% and cash: 1.1% of total assets), but 70.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
29.8%
Return on assets
0.2%
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
24 d early
2023
27 d early
2022
19 d early
2021
38 d early
2020
9 d late
2019
28 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€470k▲ 0.6%
2024 · €468k
2019: €354k
2020: €275k
2021: €457k
2022: €394k
2023: €406k
2024: €468k
2019 → 2025
Total assets
€1.58M▼ 11.5%
2024 · €1.78M
2019: €1.66M
2020: €1.74M
2021: €1.98M
2022: €2.09M
2023: €2.31M
2024: €1.78M
2019 → 2025
Net result
€3k▼ 95.8%
2024 · €62k
2019: €-73k
2020: €-79k
2021: €182k
2022: €-63k
2023: €12k
2024: €62k
2019 → 2025
Working capital
€538k▲ 34.5%
2024 · €400k
2019: €595k
2020: €545k
2021: €888k
2022: €423k
2023: €329k
2024: €400k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€457k-€394k▼ 13.7%€406k▲ 3.0%€468k▲ 15.3%€470k▲ 0.6%
Operating result€267k-€-32k€77k€169k▲ 118%€52k▼ 69.1%
Net result€182k-€-63k€12k€62k▲ 430%€3k▼ 95.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.58M
Fixed assets
€443k▼ 8.3%
Current assets
€1.14M▼ 12.6%
Equity and liabilities €1.58M
Equity
€470k▲ 0.6%
Debt
€1.11M▼ 15.7%
The debt ratio falls from 73.8% to 70.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€92k▼
2024 · €209k
Cash flow
€43k▼
2024 · €102k
Solvency
29.8%▲
2024 · 26.2%
Current ratio
1.90▲
2024 · 1.44
Quick ratio
0.19▼
2024 · 0.39
Debt / equity
2.36▼
2024 · 2.81
ROE
0.6%▼
2024 · 13.2%
ROA
0.2%▼
2024 · 3.5%
Interest coverage
1.86▼
2024 · 2.31
Debt
€1.11M▼
2024 · €1.32M
Debt ≤ 1 year
€598k▼
2024 · €900k
Debt > 1 year
€511k▲
2024 · €416k
Income taxes
€1k▼
2024 · €16k
Staff costs
€17k▼
2024 · €18k
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€1.78M€1.58M▼
Fixed assets21/28€484k€443k▼
Tangible fixed assets22/27€484k€443k▼
Land and buildings22€401k€385k▼
Leasing and similar rights25€82k€59k▼
Current assets29/58€1.30M€1.14M▼
Amounts receivable after more than one year29€136k-
Trade receivables290€136k-
Stocks and contracts in progress3€945k€1.02M▲
Stocks30/36€945k€1.02M▲
Amounts receivable within one year40/41€176k€45k▼
Trade receivables40€163k€4k▼
Other amounts receivable41€13k€41k▲
Cash at bank and in hand54/58€39k€17k▼
Deferred charges and accrued income490/1€4k€52k▲
Equity and liabilities
Total equity and liabilities10/49€1.78M€1.58M▼
Equity10/15€468k€470k▲
Contributions10/11€7k€7k=
Reserves13€249k€251k▲
Distributable reserves133€249k€251k▲
Profit (loss) carried forward14€212k€212k=
Amounts payable17/49€1.32M€1.11M▼
Amounts payable after more than one year17€416k€511k▲
Financial debts170/4€416k€511k▲
Amounts payable within one year42/48€900k€598k▼
Current portion of amounts payable after more than one year42€846k€484k▼
Financial debts43€19-
Credit institutions430/8€19-
Trade debts44€46k€99k▲
Suppliers440/4€46k€99k▲
Taxes, remuneration and social security45€5k€13k▲
Taxes450/3€2k€13k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€3k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€18k€17k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€40k▼
Other operating charges640/8€716€119▼
Gross operating margin9900€228k€109k▼
Operating profit (loss)9901€169k€52k▼
Financial income75/76B€3€1k▲
Recurring financial income75€3€1k▲
Financial charges65/66B€91k€50k▼
Recurring financial charges65€91k€50k▼
Profit (loss) for the period before taxes9903€78k€4k▼
Income taxes67/77€16k€1k▼
Profit (loss) for the period9904€62k€3k▼
Profit (loss) for the period to be appropriated9905€62k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€274k€214k▼
Profit (loss) brought forward from the previous period14P€212k€212k=
Transfer to equity691/2€62k€3k▼
To other reserves6921€62k€3k▼
The notes to these accounts (6 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €182k
Net result €182k after 2 loss-making years.
09-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
30-06
Financial
Weakest financial yearnet €-79k
Net result drops to €-79k, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Halle · 1 establishment unit since 1996
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.
Louizalaan 221501 HalleGround area
494 m²
Building footprint
155 m²
Volume, LiDAR
616 m³
Parcel 23013A0154/00M004, Flanders · tallest building 6.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VERVAET B.
since 19962.075.644.206
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23013A0154/00M004 | Flanders | 494 m² | 1 · 155 m² | 6.0 m · 1 fl. |
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.
Similar companies · same sector, comparable size
MAES GINO
BE 0821.390.159
Aalter · Eq €471k
WICKO
BE 0502.589.959
Kapellen · Eq €470k
SUNGATE
BE 0676.466.122
Machelen (Brab.) · Eq €472k
BOUWONDERNEMING KONINGS DANNY
BE 0867.069.934
Kapellen · Eq €472k
ROSART
BE 0457.260.671
Eghezée · Eq €472k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 4,688 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-1996
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.