Equity
€1.2m ▲ 9.6%
VERVEC has made a profit in every financial year since 2006.
VERVEC
Lifetime
20 annual accounts with figures on one time axis, 31 filings since 1995peak €149,008 (2025)
€149,008▲ 18.1%
peak €104,616 (2025)
€104,616▲ 20.1%
peak €1.2m (2025)
€1.2m▲ 9.6%
€159,419▲ 5.7%
Board4 names since 2017
3 directorsAngelina BRILLE and 2 others
Documentsfilings and deeds
23-06-202638 days before the deadline
2025financial year
Gross margin from €126,127 to €149,008
Key points
from the 2025 annual accountsFilings
31 annual accounts since 1995
Three of the last ten came late. The 2020 accounts came latest: 31 days after the end of the period.
Position in the sector
88.1%
Higher solvency than 85% of companies in office administrative support. Sector median 45.4% · 1,168 companies.
Checked score
96
Excellent
Financially stronger than 72% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 5.40, cash €856,308
Equity €1.2m (88.1% of total assets)
Size: total assets €1.3m
Sector: Office administrative, office support and other business support activities (NACE 82)
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 82, micro). It does better than 88% of them on solvency, 94% on liquidity, 50% on profitability and 55% 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, 20,137 companies had the same profile as VERVEC has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of VERVEC itself: < 0.1% 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 20,137 companies, not a prediction for VERVEC. 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 €110,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.4 (4.93 in 2024), above the usual 1.5. Short-term debt is 11.9% and cash 63.8% of total assets. 11.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers 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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 days early
2024
24 days early
2023
26 days late
2022
25 days early
2021
31 days late
2020
31 days late
2019
32 days early
← 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 4 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% 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 (4 of the last 5 accounts filed within 51 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
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0452358708
3 directors reappointed
Christine VERSTRAETE (managing director), Véronique VERSTRAETE and Angelina BRILLE · “tekst zoals vermeld onder artikel 4 in het vijfde besluit” (deed in Dutch) · General meeting of 27-12-2023 · Gazette deed
Resignation: Robert Verstraete (director)
Director discharge: Robert Verstraete · General meeting of 26-10-2018 · Gazette deed
First establishment
VERVEC NV, Dendermondesteenweg 76, Destelbergen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VERVEC Destelbergen | €1.3m | €149,008 | 88.1% | - |
| OFFICE 107 Merelbeke-Melle | €1.5m | €173,946 | 10.8% | - |
| BEDRIJVENCENTRUM REGIO GERAARDSBERGEN Geraardsbergen | €1.1m | €140,151 | 96.5% | 1.1 |
| GUMAMI Dendermonde | €1.3m | €115,646 | 59.8% | - |
| LuDa Mara Schilde | €1.2m | €158,328 | 16.3% | - |
| BALIMMO Montigny-le-Tilleul | €1.2m | €142,621 | 42.4% | - |
| EURO - SERVICES Etterbeek | €1.6m | €138,739 | 62.2% | - |
These companies have the same main activity as VERVEC: other business support services (NACE 82990). They are comparable in size and age: total assets between €1.1m and €1.6m, founded between 1988 and 1996.
Official details
Source: KBO- Status
- Active since 24-03-1994Normal situation
- Activity
- Other business support servicesNACE 82990
- Establishment unit
- 2.067.108.8979070 Destelbergen, since 02-06-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 19-11-2025
Annual accounts 2025
- ≈ €220,000estimated
- €1.3m▲ 9.2%
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on VERVEC
VERVEC has existed since 1994. The gross margin grew from €59,426 in 2006 to €149,008 in 2025.
The gross margin has grown every year since 2021.
In January 2024, the Official Gazette published the appointment of Christine VERSTRAETE as managing director.
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 VERVEC
- What is the company number of VERVEC?
- The company number of VERVEC is 0452.358.708. The VAT number is the same number with BE in front: BE 0452.358.708.
- Where is VERVEC based?
- The registered office is at Dendermondesteenweg 76, 9070 Destelbergen.Company details
- What does VERVEC do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of VERVEC?
- VERVEC is a public limited company (NV).
- When was VERVEC founded?
- VERVEC was founded on 24-03-1994.
- Is VERVEC still active?
- Yes, VERVEC is an active enterprise in the KBO register.
- What is the turnover of VERVEC?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €149,008 and 31 comparable companies (NACE 82990). It probably lies between €180,000 and €310,000.Financials
- Is VERVEC profitable?
- In financial year 2025, VERVEC made a profit of €104,616.
- Where can I find the annual accounts of VERVEC?
- VERVEC filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VERVEC due?
- VERVEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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