General partnership · founded 2005 · active for 21 yearsIndustrielaan 104, 8930 Menen, BelgiumKBO/BCE: BE 0874.989.884
Summary
VERVANCO has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2015 annual accounts show equity of €282,623 and a net result of €139,751. Equity is growing by about 37% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.3% (low).
Signalsraises riskFigures for financial year 2015 (filed 12-08-2016)lowers riskLegal form: general partnershipFounded in 2005Liquidity: current ratio 0.50, cash €256,091neutralNo filing for yearsFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2015 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2015 · tick = 2014
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency47+4
equity 21.8% of total assets
Liquidity50+10
short-term debt 49.3% · cash 19.8%
Profitability65+14
return on assets 10.8%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
1.3%Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.4% (26,874 companies, NACE 46, micro)
Last 24 months11-2024: 1.4%highest value12-2024: 1.4%● unchanged vs 11-2024highest value01-2025: 1.4%● unchanged vs 12-2024highest value02-2025: 1.4%● unchanged vs 01-202503-2025: 1.4%● unchanged vs 02-202504-2025: 1.4%● unchanged vs 03-202505-2025: 1.3%▼ -0.1 percentage points vs 04-202506-2025: 1.3%● unchanged vs 05-202507-2025: 1.3%● unchanged vs 06-202508-2025: 1.3%● unchanged vs 07-202509-2025: 1.3%● unchanged vs 08-2025lowest value10-2025: 1.3%● unchanged vs 09-2025lowest value11-2025: 1.3%● unchanged vs 10-2025lowest value12-2025: 1.3%● unchanged vs 11-2025lowest value01-2026: 1.3%● unchanged vs 12-2025lowest value02-2026: 1.3%● unchanged vs 01-2026lowest value03-2026: 1.3%● unchanged vs 02-2026lowest value04-2026: 1.3%● unchanged vs 03-2026lowest value05-2026: 1.3%● unchanged vs 04-2026lowest value06-2026: 1.3%● unchanged vs 05-2026lowest value07-2026: 1.3%● unchanged vs 06-2026lowest value08-2026: 1.3%● unchanged vs 07-2026lowest value09-2026: 1.3%● unchanged vs 08-2026lowest value10-2026: 1.3%● unchanged vs 09-2026lowest value
31-12-2016 year end31-07-2017 deadline14-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2015 was due by 31-07-2016 and was filed on 05-08-2016, 5 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.