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VERVANCO

Active Risk: low
General partnershipfounded 2005active 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).

Overview

Activity
Wholesale of industrial chemicals
NACE 46851
2 sites
Size
€1.3mtotal assets 2015
Staff
4.3 FTE
Equity
€282,623
Profit
€139,751
Turnover not published (abbreviated format)
Financial health
Bankruptcy probabilitywithin 12 months
1.3%
2015 figures too old to score
Structure
Accounts 3362 days overdue0 of 5 deeds read
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
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
Average
Solvency 47+4
equity 21.8% of total assets
Liquidity 50+10
short-term debt 49.3% · cash 19.8%
Profitability 65+14
return on assets 10.8%
Bankruptcy probability, 12 months
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 months 11-2024: 1.4%highest value 12-2024: 1.4%● unchanged vs 11-2024highest value 01-2025: 1.4%● unchanged vs 12-2024highest value 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.3%▼ -0.1 percentage points vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025lowest value 10-2025: 1.3%● unchanged vs 09-2025lowest value 11-2025: 1.3%● unchanged vs 10-2025lowest value 12-2025: 1.3%● unchanged vs 11-2025lowest value 01-2026: 1.3%● unchanged vs 12-2025lowest value 02-2026: 1.3%● unchanged vs 01-2026lowest value 03-2026: 1.3%● unchanged vs 02-2026lowest value 04-2026: 1.3%● unchanged vs 03-2026lowest value 05-2026: 1.3%● unchanged vs 04-2026lowest value 06-2026: 1.3%● unchanged vs 05-2026lowest value 07-2026: 1.3%● unchanged vs 06-2026lowest value 08-2026: 1.3%● unchanged vs 07-2026lowest value 09-2026: 1.3%● unchanged vs 08-2026lowest value 10-2026: 1.3%● unchanged vs 09-2026lowest value
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2015 (filed 12-08-2016)
NBB · annual accounts
lowers risk · Legal form: general partnership
KBO
lowers risk · Founded in 2005
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 0.50, cash €256,091
NBB · annual accounts
neutral · No filing for years
The last filed financial year closed on 31-12-2015. Since then, 10 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
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.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2015 · abbreviated…
  2. Highest result from 2011 to 2015net €139,751 ▲123%
  3. Annual accounts filedfinancial year 2014 · abbreviated…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2017 3362 days late View
  • Positive: Result rose in 2015from €62,713 to €139,751 ▲ 123% View
  • Flemish supportawarded from 2022 to 2025 €58,707 View

By topic

Financials

Financial year
2015
Total assets
€1.3m
Profit
€139,751
Solvency
21.8%
Total assets▲ 10.2%
Net result
20112015
Go to Financials

Timeline

Events
13
Since
2007
  1. 31-12-2014Equity above €200,000
  2. 22-08-2014Annual accounts filed
  3. 31-12-2013Weakest financial year
Go to Timeline

Company details

Sites
2
Legal form
General partnership
Activity
Wholesale of industrial chemicalsNACE 46851
Founded
11-07-2005
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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