Vervan
ActiveSummary
Vervan has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.7m and a net result of €716. Equity remains stable across the filed fiscal years (±0.4% per year). The computed 12-month bankruptcy probability is 0.7% (low).
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Signals
This company filed its last 7 accounts on average 34 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 1,860 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,860 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €79,461 | €82,218 | €82,653 | €83,268 | €84,180 | ▲ 1.1% |
| Other operating charges640/8 | €30,831 | €34,920 | €38,279 | €39,798 | €41,048 | ▲ 3.1% |
| Gross operating margin9900 | €44,694 | €62,674 | €58,940 | €81,866 | €97,500 | ▲ 19.1% |
| Operating profit (loss)9901 | -€65,598 | -€54,464 | -€61,992 | -€41,200 | -€27,728 | ▲ 32.7% |
| Financial income75/76B | €1 | €2,854 | - | €563 | €2,335 | ▲ 315% |
| Recurring financial income75 | €1 | €2,854 | - | €563 | €2,335 | ▲ 315% |
| Non-recurring financial income76B | - | €2,854 | - | - | - | - |
| Financial charges65/66B | €72 | €410 | €63 | €74 | €88 | ▲ 18.2% |
| Recurring financial charges65 | €72 | €410 | €63 | €74 | €88 | ▲ 18.2% |
| Profit (loss) for the period before taxes9903 | -€65,669 | -€52,021 | -€62,055 | -€40,712 | -€25,481 | ▲ 37.4% |
| Transfer from deferred taxes780 | €8,847 | €8,847 | €8,847 | €8,847 | €26,029 | ▲ 194% |
| Income taxes67/77 | - | - | - | €169 | -€169 | ▼ 200% |
| Profit (loss) for the period9904 | -€56,821 | -€43,173 | -€53,207 | -€32,034 | €716 | ▲ 102% |
| Transfer from tax-exempt reserves789 | €17,182 | €17,182 | €17,182 | €17,182 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€39,640 | -€25,992 | -€36,026 | -€14,852 | €716 | ▲ 105% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13.2m | €11.0m | €10.9m | €10.9m | €10.8m | ▼ 0.3% |
| Fixed assets21/28 | €10.9m | €10.8m | €10.7m | €10.6m | €10.6m | ▼ 0.8% |
| Tangible fixed assets22/27 | €10.9m | €10.8m | €10.7m | €10.6m | €10.6m | ▼ 0.8% |
| Land and buildings22 | €10.9m | €10.8m | €10.7m | €10.6m | €10.6m | ▼ 0.8% |
| Financial fixed assets28 | €112 | €112 | €112 | €112 | €112 | = |
| Current assets29/58 | €2.3m | €154,442 | €169,907 | €206,242 | €262,994 | ▲ 27.5% |
| Amounts receivable within one year40/41 | - | €2,664 | €2,155 | €2,910 | €721 | ▼ 75.2% |
| Trade receivables40 | - | €2,644 | €2,134 | €2,889 | - | - |
| Other amounts receivable41 | - | €21 | €21 | €21 | €721 | ▲ 3,408% |
| Current investments50/53 | - | - | - | - | €212,000 | - |
| Cash at bank and in hand54/58 | €2.3m | €151,778 | €167,752 | €198,227 | €48,765 | ▼ 75.4% |
| Deferred charges and accrued income490/1 | - | - | - | €5,105 | €1,508 | ▼ 70.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13.2m | €11.0m | €10.9m | €10.9m | €10.8m | ▼ 0.3% |
| Equity10/15 | €10.8m | €10.8m | €10.7m | €10.7m | €10.7m | ▼ 0.2% |
| Contributions10/11 | €4.2m | €4.2m | €4.2m | €4.2m | €4.2m | = |
| Capital10 | €4.2m | €4.2m | €4.2m | €4.2m | €4.2m | = |
| Issued capital100 | €4.2m | €4.2m | €4.2m | €4.2m | €4.2m | = |
| Revaluation surpluses12 | €7.4m | €7.4m | €7.4m | €7.4m | €7.4m | = |
| Reserves13 | €355,258 | €338,077 | €320,895 | €303,713 | €286,532 | ▼ 5.7% |
| Tax-exempt reserves132 | €296,844 | €279,662 | €262,481 | €245,299 | €228,118 | ▼ 7.0% |
| Distributable reserves133 | €58,414 | €58,414 | €58,414 | €58,414 | €58,414 | = |
| Profit (loss) carried forward14 | -€1.1m | -€1.1m | -€1.1m | -€1.1m | -€1.1m | ▲ 0.1% |
| Provisions and deferred taxes16 | €152,851 | €144,004 | €135,157 | €126,310 | €117,463 | ▼ 7.0% |
| Provisions for liabilities and charges160/5 | - | - | - | €126,310 | €117,463 | ▼ 7.0% |
| Taxes161 | - | - | - | €126,310 | €117,463 | ▼ 7.0% |
| Deferred taxes168 | €152,851 | €144,004 | €135,157 | - | - | - |
| Amounts payable17/49 | €2.2m | €14,214 | €14,816 | €17,363 | €15,248 | ▼ 12.2% |
| Amounts payable after more than one year17 | - | - | - | - | €2,950 | - |
| Other amounts payable178/9 | - | - | - | - | €2,950 | - |
| Amounts payable within one year42/48 | €2.2m | €11,225 | €12,430 | €13,237 | €6,183 | ▼ 53.3% |
| Trade debts44 | €5,143 | €4,589 | €4,589 | €6,388 | €2,284 | ▼ 64.2% |
| Suppliers440/4 | €5,143 | €4,589 | €4,589 | €6,388 | €2,284 | ▼ 64.2% |
| Advances received on contracts in progress46 | €3,658 | €2,950 | €2,950 | €2,950 | - | - |
| Other amounts payable47/48 | €2.2m | €3,686 | €4,891 | €3,899 | €3,899 | = |
| Accrued charges and deferred income492/3 | - | €2,989 | €2,386 | €4,126 | €6,115 | ▲ 48.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€56,821 | -€43,173 | -€53,207 | -€32,034 | €716 | ▲ 102% |
| + Depreciation and write-downs630 | €79,461 | €82,218 | €82,653 | €83,268 | €84,180 | ▲ 1.1% |
| Operating cash flow (approximation) | €22,640 | €39,045 | €29,446 | €51,234 | €84,896 | ▲ 65.7% |
| Investment in fixed assets (approximation) | - | -€15,219 | -€5,735 | -€8,599 | €0 | ▲ 100% |
| Change in cash | - | -€2.1m | €15,974 | €30,475 | -€149,462 | ▼ 590% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0056/02L082 | Brussels | 5,579 m² | 1 · 224 m² | 13.3 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.