VERVE
ActiveVERVE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83k and a net result of €20k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 55% of 11195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
64
/ 100
Healthy▲ +28 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+97
Solvency61▲+44
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.55 against 0.73 in 2024), and 51.8% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
48.2%
Return on assets
11.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
33 d early
2022
12 d early
2021
30 d late
2020
61 d late
2019
37 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€83k▲ 31.4%
2024 · €63k
2018: €60k
2019: €65k
2020: €49k
2021: €41k
2022: €41k
2023: €63k
2024: €63k
2018 → 2025
Total assets
€173k▼ 51.3%
2024 · €355k
2018: €402k
2019: €332k
2020: €297k
2021: €245k
2022: €290k
2023: €355k
2024: €355k
2018 → 2025
Net result
€20k▲ 6,051%
2024 · €324
2018: €24k
2019: €5k
2020: €-15k
2021: €-9k
2022: €302
2023: €22k
2024: €324
2018 → 2025
Working capital
€-36k▲ 53.3%
2024 · €-77k
2018: €47k
2019: €29k
2020: €11k
2021: €-60k
2022: €-40k
2023: €-78k
2024: €-77k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€41k▲ 0.7%€63k▲ 53.3%€63k▲ 0.5%€83k▲ 31.4%
Operating result€5k-€2k▼ 59.3%€32k▲ 1,392%€13k▼ 59.9%€48k▲ 272%
Net result€-9k-€302€22k▲ 7,173%€324▼ 98.5%€20k▲ 6,051%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 272% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets
€129k▼ 13.9%
Current assets
€43k▼ 78.8%
Equity and liabilities €173k
Equity
€83k▲ 31.4%
Debt
€89k▼ 69.3%
The debt ratio falls from 82.1% to 51.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€69k▲
2024 · €34k
Cash flow
€41k▲
2024 · €21k
Solvency
48.2%▲
2024 · 17.9%
Current ratio
0.55▼
2024 · 0.73
Quick ratio
0.41▼
2024 · 0.68
Debt / equity
1.07▼
2024 · 4.60
ROE
23.9%▲
2024 · 0.5%
ROA
11.5%▲
2024 · 0.1%
Interest coverage
5.82▲
2024 · 2.76
Debt
€89k▼
2024 · €292k
Debt ≤ 1 year
€79k▼
2024 · €281k
Debt > 1 year
€10k=
2024 · €10k
Income taxes
€17k▲
2024 · €1k
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€355k€173k▼
Fixed assets21/28€150k€129k▼
Tangible fixed assets22/27€150k€129k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€144k€125k▼
Current assets29/58€205k€43k▼
Stocks and contracts in progress3€13k€11k▼
Stocks30/36€13k€11k▼
Amounts receivable within one year40/41€168k€11k▼
Trade receivables40€113k€11k▼
Other amounts receivable41€55k€211▼
Cash at bank and in hand54/58€20k€18k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€355k€173k▼
Equity10/15€63k€83k▲
Contributions10/11€19k€19k=
Reserves13€45k€65k▲
Non-distributable reserves130/1-€3k
Other1319-€3k
Distributable reserves133€45k€62k▲
Amounts payable17/49€292k€89k▼
Amounts payable after more than one year17€10k€10k=
Financial debts170/4€10k€10k=
Amounts payable within one year42/48€281k€79k▼
Current portion of amounts payable after more than one year42€17k€0▼
Trade debts44€169k€58k▼
Suppliers440/4€169k€58k▼
Advances received on contracts in progress46€70k€0▼
Taxes, remuneration and social security45€628€19k▲
Taxes450/3€628€19k▲
Other amounts payable47/48€25k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k▲
Other operating charges640/8€1k€653▼
Gross operating margin9900€35k€70k▲
Operating profit (loss)9901€13k€48k▲
Financial income75/76B€602€554▼
Recurring financial income75€602€554▼
Financial charges65/66B€12k€12k▼
Recurring financial charges65€12k€12k▼
Profit (loss) for the period before taxes9903€1k€37k▲
Income taxes67/77€1k€17k▲
Profit (loss) for the period9904€324€20k▲
Profit (loss) for the period to be appropriated9905€324€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€324€20k▲
Transfer to equity691/2€324€20k▲
To other reserves6921€324€20k▲
The notes to these accounts (9 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €302
Net result €302 after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €-15k ▼423%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Harelbeke · 1 establishment unit since 2002
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.
Brugsestraat 1408531 HarelbekeGround area
2,757 m²
Building footprint
308 m²
Volume, LiDAR
2,037 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERVE BVBA
since 20022.114.712.044
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E1017/00K000 | Flanders | 2,335 m² | 1 · 308 m² | 9.9 m · 2 fl. |
| 34017A0030/00A002 | Flanders | 422 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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DEWAELE TECHNICAL AGENCIES
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COUVREUR
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Van den Berghe Company
BE 0443.218.338
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Of 71 companies in sector 46648 we hold annual accounts for 51. 28 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-2002
Fiscal year end31-12
Activities, NACEBEL
46648Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@vervetrade.be
Phone:056/20.13.53.
Fax:056/51.79.70.