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VERVIMMO

Active
Public limited companyfounded 198837 yrs activeGrote Leiestraat 117, 8570 Anzegem, BelgiumKBO/BCE: BE 0435.992.036
Summary

VERVIMMO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€192,246) and a net result of €34,531. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 9742 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability86▼-11
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26 against 0.23 in 2023; short-term debt: 237.4% and cash: 6.8% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-141.7%
Return on assets
25.4%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9742 sector peers (2024).
NBB · sector comparison
Position among 9742 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
45 d early
2023
25 d early
2022
41 d early
2021
17 d early
2020
37 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VERVIMMO was incorporated on 28 November 1988.1 Total assets fell from EUR 217,543 in 2018 to EUR 135,700 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
-€192,246▲ 15.2%
2023 · -€226,777
Total assets
€135,700▼ 3.2%
2023 · €140,257
Net result
€34,531▼ 38.1%
2023 · €55,759
Working capital
-€237,557▲ 16.0%
2023 · -€282,896
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€30,486▼ 18.0%€28,680▼ 5.9%€41,447▲ 44.5%€68,777▲ 65.9%€46,454▼ 32.5%
Net result€15,347within the sector's middle half▼ 26.4%€13,991within the sector's middle half▼ 8.8%€28,801within the sector's middle half▲ 106%€55,759within the sector's middle half▲ 93.6%€34,531within the sector's middle half▼ 38.1%
Equity-€325,327below the sector's middle half▲ 4.5%-€311,337below the sector's middle half▲ 4.3%-€282,536below the sector's middle half▲ 9.3%-€226,777below the sector's middle half▲ 19.7%-€192,246below the sector's middle half▲ 15.2%
Total assets€176,992within the sector's middle half▼ 13.0%€138,340below the sector's middle half▼ 21.8%€109,804below the sector's middle half▼ 20.6%€140,257below the sector's middle half▲ 27.7%€135,700below the sector's middle half▼ 3.2%
Debt€502,319▼ 7.6%€449,677▼ 10.5%€392,340▼ 12.8%€367,035▼ 6.4%€327,947▼ 10.6%
Working capital-€405,108below the sector's middle half▲ 8.0%-€379,770below the sector's middle half▲ 6.3%-€343,654below the sector's middle half▲ 9.5%-€282,896below the sector's middle half▲ 17.7%-€237,557below the sector's middle half▲ 16.0%
Solvency-183.8%below the sector's middle half▼ 16.4pp-225.1%below the sector's middle half▼ 41.2pp-257.3%below the sector's middle half▼ 32.3pp-161.7%below the sector's middle half▲ 95.6pp-141.7%below the sector's middle half▲ 20.0pp
Current ratio0.19below the sector's middle half=0.16below the sector's middle half▼ 0.040.12below the sector's middle half▼ 0.030.23below the sector's middle half▲ 0.110.26below the sector's middle half▲ 0.03
Return on assets (ROA)8.7%above the sector's middle half▼ 1.6pp10.1%above the sector's middle half▲ 1.4pp26.2%above the sector's middle half▲ 16.1pp39.8%above the sector's middle half▲ 13.5pp25.4%above the sector's middle half▼ 14.3pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2020: €30,486€30,486Net result 2020: €15,347€15,347Operating result 2021: €28,680€28,680Net result 2021: €13,991€13,991Operating result 2022: €41,447€41,447Net result 2022: €28,801€28,801Operating result 2023: €68,777€68,777Net result 2023: €55,759€55,759Operating result 2024: €46,454€46,454Net result 2024: €34,531€34,53120202021202220232024€0€20,000€40,000€60,000Operating result 2022: €41,447€41,400Net result 2022: €28,801€28,800Operating result 2023: €68,777€68,800Net result 2023: €55,759€55,800Operating result 2024: €46,454€46,500Net result 2024: €34,531€34,500202220232024
The operating result falls in 2024; 2024 is 32% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €135,700
Fixed assets €51,118 ▼ 8.9%
Current assets €84,582 ▲ 0.5%
Key figures and ratios
2024 value · change against 2023
EBITDA
€51,454▼
2023 · €73,777
Cash flow
€39,531▼
2023 · €60,759
Debt to equity
-1.71▼
2023 · -1.62
Interest coverage
4.30▼
2023 · 5.66
Debt ≤ 1 year
€322,140▼
2023 · €367,035
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,798 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
2.5% went bankrupt
5.3% stopped otherwise
91% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,798 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€140,257€135,700▼
Fixed assets21/28€56,118€51,118▼
Tangible fixed assets22/27€56,118€51,118▼
Land and buildings22€56,118€51,118▼
Current assets29/58€84,139€84,582▲
Amounts receivable within one year40/41€68,537€66,701▼
Trade receivables40€62,757€66,687▲
Other amounts receivable41€5,780€14▼
Cash at bank and in hand54/58€7,514€9,283▲
Deferred charges and accrued income490/1€8,087€8,598▲
Equity and liabilities
Total equity and liabilities10/49€140,257€135,700▼
Equity10/15-€226,777-€192,246▲
Contributions10/11€61,562€61,562=
Capital10€61,562€61,562=
Issued capital100€61,562€61,562=
Reserves13€55,513€55,513=
Non-distributable reserves130/1€6,156€6,156=
Legal reserve130€6,156€6,156=
Distributable reserves133€49,356€49,356=
Profit (loss) carried forward14-€343,852-€309,321▲
Amounts payable17/49€367,035€327,947▼
Amounts payable within one year42/48€367,035€322,140▼
Financial debts43€161,122€118,727▼
Credit institutions430/8€161,122€118,727▼
Trade debts44€65,528€46,247▼
Suppliers440/4€65,528€46,247▼
Other amounts payable47/48€140,384€157,166▲
Accrued charges and deferred income492/3-€5,807
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,000€5,000=
Other operating charges640/8€13,245€14,010▲
Gross operating margin9900€87,022€65,464▼
Operating profit (loss)9901€68,777€46,454▼
Financial income75/76B€15€47▲
Recurring financial income75€15€47▲
Financial charges65/66B€13,033€11,970▼
Recurring financial charges65€13,033€11,970▼
Profit (loss) for the period before taxes9903€55,759€34,531▼
Profit (loss) for the period9904€55,759€34,531▼
Profit (loss) for the period to be appropriated9905€55,759€34,531▼
Appropriation of the result
Profit (loss) to be appropriated9906-€343,852-€309,321▲
Profit (loss) brought forward from the previous period14P-€399,610-€343,852▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,416€11,347€7,315€5,000€5,000=
Other operating charges640/8-€11,516€12,194€13,245€14,010▲ 5.8%
Gross operating margin9900€62,333€51,543€60,956€87,022€65,464▼ 24.8%
Operating profit (loss)9901€30,486€28,680€41,447€68,777€46,454▼ 32.5%
Financial income75/76B-€1-€15€47▲ 221%
Recurring financial income75€7€1-€15€47▲ 221%
Financial charges65/66B-€14,690€12,646€13,033€11,970▼ 8.2%
Recurring financial charges65€15,755€14,690€12,646€13,033€11,970▼ 8.2%
Profit (loss) for the period before taxes9903€14,738€13,991€28,801€55,759€34,531▼ 38.1%
Income taxes67/77€1€0----
Profit (loss) for the period9904€15,347€13,991€28,801€55,759€34,531▼ 38.1%
Profit (loss) for the period to be appropriated9905€17,509€13,991€28,801€55,759€34,531▼ 38.1%
Line20202021202220232024Change
Assets
Total assets20/58€176,992€138,340€109,804€140,257€135,700▼ 3.2%
Fixed assets21/28€79,780€68,433€61,118€56,118€51,118▼ 8.9%
Tangible fixed assets22/27€79,780€68,433€61,118€56,118€51,118▼ 8.9%
Land and buildings22-€68,433€61,118€56,118€51,118▼ 8.9%
Current assets29/58€97,211€69,907€48,686€84,139€84,582▲ 0.5%
Amounts receivable within one year40/41€34,276€56,711€34,847€68,537€66,701▼ 2.7%
Trade receivables40-€6,100€34,640€62,757€66,687▲ 6.3%
Other amounts receivable41-€50,611€207€5,780€14▼ 99.8%
Current investments50/53€49,995-----
Cash at bank and in hand54/58€6,291€6,304€6,351€7,514€9,283▲ 23.5%
Deferred charges and accrued income490/1-€6,892€7,488€8,087€8,598▲ 6.3%
Equity and liabilities
Total equity and liabilities10/49€176,992€138,340€109,804€140,257€135,700▼ 3.2%
Equity10/15-€325,327-€311,337-€282,536-€226,777-€192,246▲ 15.2%
Contributions10/11€61,562€61,562€61,562€61,562€61,562=
Capital10-€61,562€61,562€61,562€61,562=
Issued capital100-€61,562€61,562€61,562€61,562=
Reserves13€55,513€55,513€55,513€55,513€55,513=
Non-distributable reserves130/1-€6,156€6,156€6,156€6,156=
Legal reserve130-€6,156€6,156€6,156€6,156=
Distributable reserves133-€49,356€49,356€49,356€49,356=
Profit (loss) carried forward14-€442,402-€428,411-€399,610-€343,852-€309,321▲ 10.0%
Amounts payable17/49€502,319€449,677€392,340€367,035€327,947▼ 10.6%
Amounts payable within one year42/48€502,319€449,677€392,340€367,035€322,140▼ 12.2%
Financial debts43-€236,707€198,882€161,122€118,727▼ 26.3%
Credit institutions430/8-€236,707€198,882€161,122€118,727▼ 26.3%
Trade debts44€6,927€9,652€10,180€65,528€46,247▼ 29.4%
Suppliers440/4-€9,652€10,180€65,528€46,247▼ 29.4%
Other amounts payable47/48-€203,318€183,278€140,384€157,166▲ 12.0%
Accrued charges and deferred income492/3----€5,807-
Line20202021202220232024Change
Profit (loss) for the period9904€15,347€13,991€28,801€55,759€34,531▼ 38.1%
+ Depreciation and write-downs630€20,416€11,347€7,315€5,000€5,000=
Operating cash flow (approximation)€35,763€25,338€36,116€60,759€39,531▼ 34.9%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€13€47€1,163€1,768▲ 52.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
16-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €55,759 ▲93.6%
Operating result €68,777, net result €55,759, both a record.
20-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 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, Anzegem · 1 establishment unit since 1988
seat establishment The establishment unit on the map
Ground area
4,376 m²
Building footprint
2,739 m²
Parcel 34002A0509/00E000, Flanders. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
VERVIMMO
Grote Leiestraat 117, 8570 AnzegemInsurance, reinsurance and pension funding, except compulsory social security
since 19882.041.244.541
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34002A0509/00E000 Flanders 4,376 m² 1 · 2,739 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. CENTAUR INVEST 100%
  2. VERVIMMO

Highest known parent: CENTAUR INVEST. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

875500YCH30F81A49X37
live in the LEI register

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,146 companies in sector 68201 we hold annual accounts for 6,775. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded28-11-1988
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0435992036
Also 9925:BE0435992036
Registered 12-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.