VERVERS
ActiveSummary
VERVERS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €302,399 and a net result of €110,175. Equity has been growing by about 27% per year since 2023. Its solvency ranks better than 56% of 2,077 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-07-2023 Normal situation
- Activity
- Advertising agencies NACE 73110and 7 others
- Establishment unit
- 2.346.655.969 8310 Brugge, since 03-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 23-10-2025
Board and ownership
- VERVERS IMMODirector · since 01-01-2023 · permanent representative Wannes Ververs
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €481,084
- ▼ 4.6%
- Turnover
- ≈ €970,000
- estimated
- Profit
- €110,175
- ▼ 4.2%
- Equity
- €302,399
- ▲ 22.3%
- Total assets
- €593,161
- ▲ 2.7%
- Employees on 31-12-2025
- 6
- ▼ 14.3%
Score breakdownraises riskFounded in 2023lowers riskLiquidity: current ratio 2.59, cash €190,559Sector: Advertising, market research and public relations activities (NACE 73)Equity €302,399 (51.0% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 73, micro). It does better than 50% of them on solvency, 70% on liquidity, 69% on profitability and 71% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 29 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 06-07-2026 at the NBB all 3 filings
2023 to 2025, 3 financial years
The operating result for 2025 is 8% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Advertising, market research and public relations activities (NACE 73). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | 7 | 7 | 6 |
| full-time | 7 | 7 | 6 |
| in full-time equivalents | 7 | 7 | 6 |
| Average over the year, in full-time equivalents | 2.9 | 7 | 6.8 |
| On a permanent contract | 7 | 7 | 6 |
| Joined | 7 | - | 2 |
| Left | 0 | - | 3 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €350,056 | €42,169 | €37,128 |
| Intangible fixed assets | €35,000 | - | - |
| Financial fixed assets | €614 | - | - |
| Depreciation and write-downs of the year | €60,892 | €60,892 | €54,668 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as VERVERS: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €311,000 and €944,000, founded between 2021 and 2023.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| VERVERS Brugge | 2023 | €593,161 | €302,399 | €481,084 | €110,175 | 6.8 | 2025 |
| HAMOFA BRAND BUILDERS Hamont-Achel | 2023 | €943,629 | €25,077 | €513,166 | €15,002 | 7.2 | 2025 |
| STAND-BY SIGNING Bierbeek | 2023 | €707,498 | €12,713 | €900,326 | €11,499 | 8.4 | 2025 |
| LEAD ON Erpe-Mere | 2021 | €521,117 | €330,217 | €432,948 | €125,217 | 5.5 | 2025 |
| EGGHUNTER Ternat | 2021 | €581,847 | €67,957 | €348,129 | €35,765 | 4.6 | 2025 |
| June20 Digital Antwerpen | 2022 | €311,212 | -€89,172 | €477,221 | -€131,629 | 6.1 | 2025 |
| AIR Watermaal-Bosvoorde | 2022 | €837,091 | €388,082 | €871,787 | €37,416 | 10.4 | 2025 |
They were chosen from the 3,858 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as VERVERS has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of VERVERS itself is lower: 0.2% within 12 months. It rests on far more data about VERVERS than the profile alone.
Test of the method
The method was tested on the 497,446 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 39,278 companies, not a prediction for VERVERS. 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | €322,189 | €8,290 | €186 | ▼ 97.8% |
| Remuneration, social security and pensions62 | €123,620 | €259,787 | €256,989 | ▼ 1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,892 | €60,892 | €54,668 | ▼ 10.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €1,535 | - | - |
| Other operating charges640/8 | €4,430 | €4,875 | €6,190 | ▲ 27.0% |
| Gross operating margin9900 | €480,047 | €504,311 | €481,084 | ▼ 4.6% |
| Operating profit (loss)9901 | €291,104 | €177,222 | €163,236 | ▼ 7.9% |
| Financial income75/76B | €136 | €287 | €3,126 | ▲ 991% |
| Recurring financial income75 | €136 | €287 | €293 | ▲ 2.2% |
| Non-recurring financial income76B | - | - | €2,834 | - |
| Financial charges65/66B | €2,782 | €7,499 | €6,588 | ▼ 12.1% |
| Recurring financial charges65 | €2,782 | €7,499 | €6,588 | ▼ 12.1% |
| Profit (loss) for the period before taxes9903 | €288,458 | €170,010 | €159,775 | ▼ 6.0% |
| Income taxes67/77 | €93,221 | €55,020 | €49,600 | ▼ 9.9% |
| Profit (loss) for the period9904 | €195,237 | €114,990 | €110,175 | ▼ 4.2% |
| Profit (loss) for the period to be appropriated9905 | €195,237 | €114,990 | €110,175 | ▼ 4.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €427,027 | €577,774 | €593,161 | ▲ 2.7% |
| Fixed assets21/28 | €186,861 | €151,205 | €133,665 | ▼ 11.6% |
| Intangible fixed assets21 | €19,781 | €17,281 | €14,781 | ▼ 14.5% |
| Tangible fixed assets22/27 | €166,466 | €133,309 | €118,270 | ▼ 11.3% |
| Plant, machinery and equipment23 | €50,619 | €40,112 | €52,613 | ▲ 31.2% |
| Furniture and vehicles24 | €113,086 | €91,030 | €64,084 | ▼ 29.6% |
| Other tangible fixed assets26 | €2,760 | €2,167 | €1,573 | ▼ 27.4% |
| Financial fixed assets28 | €614 | €614 | €614 | = |
| Current assets29/58 | €240,166 | €426,570 | €459,496 | ▲ 7.7% |
| Amounts receivable within one year40/41 | €190,768 | €224,439 | €261,614 | ▲ 16.6% |
| Trade receivables40 | €179,547 | €224,109 | €208,044 | ▼ 7.2% |
| Other amounts receivable41 | €11,221 | €330 | €53,570 | ▲ 162× |
| Cash at bank and in hand54/58 | €43,553 | €192,031 | €190,559 | ▼ 0.8% |
| Deferred charges and accrued income490/1 | €5,846 | €10,100 | €7,323 | ▼ 27.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €427,027 | €577,774 | €593,161 | ▲ 2.7% |
| Equity10/15 | €167,526 | €247,263 | €302,399 | ▲ 22.3% |
| Contributions10/11 | €122 | €122 | €122 | = |
| Reserves13 | €167,404 | €247,141 | €302,277 | ▲ 22.3% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €165,544 | €245,281 | €300,417 | ▲ 22.5% |
| Amounts payable17/49 | €259,501 | €330,511 | €290,762 | ▼ 12.0% |
| Amounts payable after more than one year17 | €132,584 | €88,865 | €63,325 | ▼ 28.7% |
| Financial debts170/4 | €132,584 | €88,865 | €63,325 | ▼ 28.7% |
| Amounts payable within one year42/48 | €126,402 | €211,019 | €177,370 | ▼ 15.9% |
| Current portion of amounts payable after more than one year42 | €67,085 | €63,382 | €56,430 | ▼ 11.0% |
| Trade debts44 | €14,392 | €44,409 | €45,142 | ▲ 1.7% |
| Suppliers440/4 | €14,392 | €44,409 | €45,142 | ▲ 1.7% |
| Taxes, remuneration and social security45 | €38,527 | €94,935 | €65,072 | ▼ 31.5% |
| Taxes450/3 | €38,527 | €90,102 | €65,072 | ▼ 27.8% |
| Remuneration and social security454/9 | - | €4,833 | - | - |
| Other amounts payable47/48 | €6,397 | €8,292 | €10,726 | ▲ 29.3% |
| Accrued charges and deferred income492/3 | €516 | €30,627 | €50,067 | ▲ 63.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €195,237 | €114,990 | €110,175 | ▼ 4.2% |
| + Depreciation and write-downs630 | €60,892 | €60,892 | €54,668 | ▼ 10.2% |
| Operating cash flow (approximation) | €256,129 | €175,882 | €164,842 | ▼ 6.3% |
| Investment in fixed assets (approximation) | - | -€25,236 | -€37,128 | ▼ 47.1% |
| Change in cash | - | €148,479 | -€1,473 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Board 1
Permanent representatives 1
Owners and capital
Shareholders
- Wannes Ververs 95 shares
- Delphine Willems 5 shares
- VERVERS RECLAME (BE 0847.252.537) in kind
Capital transactions
- 05-07-2023 Incorporation · €5,685.85
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| VERVERS IMMO |
|
| Ververs Wannes |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, oprichters”“Bestuursorgaan, 1”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 05-07-2023 (in Dutch)
Network & group
Acquisitions and mergers
1 transactionCompanies at the same address
1 other companyConnections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
14-02
Gazette deed
Resignation: Wannes Ververs (director)Appointment: Ververs Immo BV (director) · Permanent representative: Wannes Ververs · Director discharge7 points ▸
- General meeting, 20-12-2023
- Director resignation, Wannes Ververs (director)
- Director appointment, Ververs Immo BV (director)
- Permanent representative, Wannes Ververs
- Other provision, “aanvaarding mandaat en benoembaarheid” (deed in Dutch)
- Board composition, Ververs Immo BV (director)
- Director discharge, Wannes Ververs
05-07
Gazette deed
IncorporationStarting capital €5,685.85 · Demerger: VERVERS RECLAME splits off to VERVERS · Appointment: Wannes Ververs (director) · Share issue40 points ▸
- Other provision, “waardering inbreng en fiscaal regime, boekwaarde” (deed in Dutch)
- Share issue, 100, 5685.85
- Declaration, “bijzondere voordelen inbreng” (deed in Dutch)
- Auditor report, “geschiktheid,opportuniteit,waardering vergoeding,rechtmatigheid en billijkheid, artikel 5:7 WVV” (deed in Dutch)
- Declaration, “gebruiksbeperking verslag, artikel 5:7 WVV” (deed in Dutch)
- Other provision, “kennisname verslag bedrijfsrevisor, geen opmerking,aansluiting bij besluiten” (deed in Dutch)
- Other provision, “aandeelhouders, verzaking termijnen en formaliteiten” (deed in Dutch)
- Demerger, “partiële splitsing, opdeling en modaliteiten splitsingsvoorstel tenzij afgeweken in huidige akte” (deed in Dutch)
- Other provision, “splitsingsvoorstel, onder algemenen titel” (deed in Dutch)
- Accounting effect, 01-01-2023, mentioned 2 times in the deed
- Share issue, 100, “pro rata aandelenbezit partieel te splitsen vennootschap” (deed in Dutch)
- Other provision, “deelname in winst”, 01-01-2023 (deed in Dutch)
- The act holds 28 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 3 July 2023, VERVERS was incorporated as a private limited company by VERVERS RECLAME and two natural persons, with a starting capital of €5,686.12 VERVERS IMMO has served as director since 2023.3 Total assets went from €427,027 in 2023 to €593,161 in 2025 and headcount from 2.9 to 6.8 full-time equivalents.4
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31433D0146/00A002 | Flanders | 892 m² | 1 · 245 m² | 6.7 m |