Verviers 2.0 · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Verviers 2.0 is 1.1% (low). The 2025 annual accounts show negative equity (€-186k) and a net result of €-77k. Equity is shrinking by ~61.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 528 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.1% Low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence

Negative equity

Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).

View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Filed after the deadline

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-11-2025, 26 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.

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.

How we compute the deadline

The year end is derived from 3 filed financial years, each closing on 31-03. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-03-2025, that is 31-10-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-03-2025	31-10-2025	26-11-2025	26 d late	2025-00571861
31-03-2024	31-10-2024	25-10-2024	6 d early	2024-00518165
31-03-2023	31-10-2023	27-10-2023	4 d early	2023-00508408

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€-77k-36.7%

Working capital€-549k-16.4%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 26-11-2025 with the NBB · fiscal year 2025 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~61.1%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-24.8%	16.2%	better than 5% of 528 sector peers
Net result	€-77k	€6k	better than 14% of 528 sector peers
Equity	€-186k	€152k	better than 7% of 528 sector peers
Gross operating margin	€-10k	€78k	better than 11% of 527 sector peers
Total assets	€751k	€1.34M	better than 35% of 528 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P5

Stable position over 2023-2025 · n=528-1697

Net result P14

Stable position over 2023-2025 · n=528-1693

Equity P7

Stable position over 2023-2025 · n=528-1697

Gross operating margin P11

Stable position over 2023-2025 · n=527-1694

Describes the position versus peers, not a forecast.

Net profit

€-77k

-36.7% 23-25

Total assets

€751k

-0.3% 23-25

Equity

€-186k

-70.5% 23-25

Working capital

€-549k

-16.4% 23-25

Employees (FTE)

0

- 23-25

Debt

€937k

+8.7% 23-25

Debt ≤ 1y

€933k

+8.8% 23-25

Current ratio

0.41

-8.6% 23-25

Quick ratio

0.00

-52.0% 23-25

Solvency

-24.8%

-71.0% 23-25

Debt / equity

-5.04

+36.3% 23-25

ROE

41.4%

-19.9% 23-25

ROA

-10.2%

-37.0% 23-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	verkort
Revenue	-
EBITDA	-
Net profit	€-77k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€751k
Equity	€-186k
Debt	€937k
of which ≤ 1y	€933k
of which > 1y	-
Working capital	€-549k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	0.41
Quick ratio	0.00
Working capital ratio	-73.1%
Solvency	-24.8%
Debt / equity	-5.04
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-10.2%
ROE	41.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €367k · 48.9% Current assets €384k · 51.1%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€751k
Fixed assets	21/28	€367k
Tangible fixed assets	22/27	€367k
Current assets	29/58	€384k
Stocks & contracts in progress	3	€381k
Amounts receivable within one year	40/41	€683
Cash & bank	54/58	€20
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€751k
Equity	10/15	€-186k
Contributions / capital	10/11	€50k
Accumulated profits (losses)	14	€-236k
Amounts payable	17/49	€937k
Amounts payable within one year	42/48	€933k
Trade debts payable within one year	44	€14k
Income statement
Gross operating margin	9900	€-10k
Operating result	9901	€-19k
Financial charges	65	€58k
Result before taxes	9903	€-77k
Net result for the period	9904	€-77k
Result to be appropriated	9905	€-77k

You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

17 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

3 directors

Current directors & mandates

VH ConsultLegal entity
Enige bestuurder
State Gazette act 26350302 (03-08-2026)

Current
03-08-2026 → present

Former directors (2)

A&M REAL ESTATELegal entity
Director
State Gazette act 26350302 (03-08-2026)

Former
- → 03-08-2026
MYLECKELegal entity
Director
State Gazette act 26350302 (03-08-2026)

Former
- → 03-08-2026

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Handel in eigen onroerend goed(68110)
Legal form	Private limited company(610)
Incorporation	11-10-2021
Status	Active
Postal code	9830

Structure & network

Locations & real estate

Establishment units

1 location

Verviers 2.0

Kortrijksesteenweg 48, 9830 Sint-Martens-LatemHandel in eigen onroerend goed

since 20212.326.619.630

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area2.0 ha

Buildings2

Building footprint8,438 m²

Volume (LiDAR)58,712 m³

Tallest building13.4 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12014K0468/00P000	Flanders	1.3 ha	1 · 6,929 m²	9.4 m · 3 fl.
44064B0246/00F000	Flanders	7,043 m²	1 · 1,509 m²	13.4 m · 1 fl.

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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

1 verified act

What every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.

2026

03-08-2026 Registered office · Resignations & appointments

14 facts

General meeting , 22 juli 2026
General meeting , 5 mei 2026
Registered-office move , 2220 Heist-op-den-Berg, Industriepark 36A
Director resignation, A&M REAL ESTATE (bestuurder)
Director resignation, MYLECKE (bestuurder)
Director discharge, A&M REAL ESTATE

+8 further facts

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

60 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 17

Profitability 100

Solvency 33

Growth 58

Stability 94

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Company registry

Company registry (CBE)

Crossroads Bank

Activities

Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990

Primary activity highlighted.

Names & trade names

Legal nameNL

Verviers 2.0

Registered office

Industriepark 36A

2220 Heist-op-den-Berg, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.