Equity
€470,302 ▲ 0.6%
VERVAET B. has made a profit without a break since 2023.
VERVAET B.
Lifetime
19 annual accounts with figures on one time axis, 29 filings since 1997peak €347,995 (2021)
€109,314▼ 52.0%
lowest -€79,365 (2020)
€2,607▼ 95.8%
peak €470,302 (2025)
€470,302▲ 0.6%
€1.1m▼ 15.7%
peak 0.1 FTE (2020)
-not published
Board1 name since 2021
1 directorVervaet Herbert
Documentsfilings and deeds
08-07-202623 days before the deadline
2025micro format
Gross margin from €227,759 to €109,314Result from €61,888 to €2,607Debts from €1.3m to €1.1mCash from €38,773 to €16,875
Key points
from the 2025 annual accountsResult
€2,607 ▼ 95.8%
The result fell in 2025 from €61,888 to €2,607.
Turnover
≈ €450,000 estimated
The micro format states no turnover.
Debts
€1.1m 70% of the balance sheet
Financial debts 46%Suppliers 9%Taxes and wages 1%Other 44%
Of this, €597,997 falls due within a year.
Filings
29 annual accounts since 1997
Two of the last ten came late. The 2019 accounts came latest: 28 days after the end of the period.
Position in the sector
€470,302
More equity than 95% of companies in specialised construction. Sector median €57,703 · 35,137 companies.
Checked score
85
Excellent
Financially stronger than 27% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.2%▼ -0.2 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025lowest value
11-2025: 0.2%● unchanged vs 10-2025lowest value
12-2025: 0.2%● unchanged vs 11-2025lowest value
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026
08-2026: 0.2%▼ -0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 1.90, cash €16,875, halved
lowers risk
Size: total assets €1.6m
Founded in 1996
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 31% of them on solvency, 22% on liquidity, 18% on profitability and 37% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,984 companies had the same profile as VERVAET B. has now. Each dot stands for 10 companies, two years later.
96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VERVAET B. itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,984 companies, not a prediction for VERVAET B.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.9 (1.44 in 2024), above the usual 1.5. Short-term debt is 37.9% and cash 1.1% of total assets. However, 70.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 days early
2024
24 days early
2023
27 days early
2022
19 days early
2021
38 days early
2020
9 days late
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Environmental permit refused
Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies · Aalter
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0457219594
Environmental permit granted
Nieuwbouw of aanleggen · Lochristi
Change of role: Vervaet Herbert, from manager to director
Permanent representative: Vervaet Herbert · Director discharge: Vervaet Herbert (manager) · General meeting of 30-06-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VERVAET B. Halle | €1.6m | €109,314 | 29.8% | - |
| ETS LENTINI CONSTRUCTION Musson | €1.6m | €105,650 | 94.9% | - |
| BEDE INVEST La Hulpe | €1.8m | €110,364 | 26.8% | - |
| COELEMBIER & CO Kuurne | €1.3m | €126,166 | 80.0% | - |
| CLASSIC BUILD Schilde | €1.4m | €145,461 | 22.3% | - |
| VANDERBORGHT - INVEST Seneffe | €1.6m | €107,132 | 50.5% | - |
| ALGEMENE BOUW EN RENOVATIE TITECA PETER EN ZN Koekelare | €1.2m | €120,413 | 37.3% | - |
These companies have the same main activity as VERVAET B.: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €1.2m and €1.8m, founded between 1989 and 1997.
Official details
Source: KBO- Status
- Active since 01-02-1996Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 1 other
- Establishment unit
- 2.075.644.2061501 Halle, since 14-03-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- €1.6m▼ 11.5%
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on VERVAET B.
VERVAET B. files the micro format. That format states no turnover. The gross margin rose from €44,724 in 2007 to €109,314 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VERVAET B.
- What is the company number of VERVAET B.?
- The company number of VERVAET B. is 0457.219.594. The VAT number is the same number with BE in front: BE 0457.219.594.
- Where is VERVAET B. based?
- The registered office is at Louizalaan 22, 1501 Halle.Company details
- What does VERVAET B. do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of VERVAET B.?
- VERVAET B. is a private limited company (BV).
- When was VERVAET B. founded?
- VERVAET B. was founded on 01-02-1996.
- Is VERVAET B. still active?
- Yes, VERVAET B. is an active enterprise in the KBO register.
- How many employees does VERVAET B. have?
- VERVAET B. had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of VERVAET B.?
- The turnover in financial year 2025 is ≈ €450,000. This figure is estimated from the gross margin of €109,314 and 45 comparable companies (NACE 43990). It probably lies between €310,000 and €820,000.
- Is VERVAET B. profitable?
- In financial year 2025, VERVAET B. made a profit of €2,607.
- Where can I find the annual accounts of VERVAET B.?
- VERVAET B. filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VERVAET B. due?
- VERVAET B. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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