Vervisch Frank
ActiveVervisch Frank has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €29k. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 51% of 7331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-8
Solvency69▼-31
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 4.51 in 2024; short-term debt: 54.8% and cash: 64.1% of total assets), but 55.7% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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
44.3%
Return on assets
10.1%
Age of the figures
9 mo
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
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
30 d early
2023
30 d early
2022
30 d early
2021
34 d early
2020
33 d early
2019
32 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€126k▼ 37.6%
2024 · €202k
2018: €179k
2019: €177k
2020: €170k
2021: €148k
2022: €161k
2023: €177k
2024: €202k
2018 → 2025
Total assets
€284k▲ 7.7%
2024 · €264k
2018: €221k
2019: €225k
2020: €230k
2021: €250k
2022: €289k
2023: €281k
2024: €264k
2018 → 2025
Net result
€29k▼ 33.3%
2024 · €43k
2018: €32k
2019: €18k
2020: €35k
2021: €16k
2022: €54k
2023: €48k
2024: €43k
2018 → 2025
Working capital
€98k▼ 52.2%
2024 · €204k
2018: €168k
2019: €161k
2020: €158k
2021: €141k
2022: €158k
2023: €177k
2024: €204k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€148k-€161k▲ 8.8%€177k▲ 10.0%€202k▲ 14.3%€126k▼ 37.6%
Operating result€22k-€83k▲ 273%€74k▼ 10.7%€68k▼ 8.5%€44k▼ 34.9%
Net result€16k-€54k▲ 246%€48k▼ 11.8%€43k▼ 10.0%€29k▼ 33.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €284k
Fixed assets
€31k▲ 1,782%
Current assets
€253k▼ 3.4%
Equity and liabilities €284k
Equity
€126k▼ 37.6%
Debt
€158k▲ 155%
The debt ratio rises from 23.5% to 55.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€46k▼
2024 · €68k
Cash flow
€31k▼
2024 · €44k
Solvency
44.3%▼
2024 · 76.5%
Current ratio
1.63▼
2024 · 4.51
Quick ratio
1.25▼
2024 · 3.73
Debt / equity
1.26▲
2024 · 0.31
ROE
22.8%▲
2024 · 21.4%
ROA
10.1%▼
2024 · 16.3%
Interest coverage
15.26▲
2024 · 15.11
Debt
€158k▲
2024 · €62k
Debt ≤ 1 year
€156k▲
2024 · €58k
Income taxes
€12k▼
2024 · €20k
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€264k€284k▲
Fixed assets21/28€2k€31k▲
Tangible fixed assets22/27€2k€31k▲
Land and buildings22€1k€555▼
Plant, machinery and equipment23€532€332▼
Furniture and vehicles24€0€30k▲
Current assets29/58€262k€253k▼
Stocks and contracts in progress3€45k€58k▲
Stocks30/36€45k€58k▲
Amounts receivable within one year40/41€9k€13k▲
Trade receivables40€7k€7k▼
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€208k€182k▼
Equity and liabilities
Total equity and liabilities10/49€264k€284k▲
Equity10/15€202k€126k▼
Contributions10/11€6k€6k=
Reserves13€195k€120k▼
Distributable reserves133€195k€120k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€62k€158k▲
Amounts payable within one year42/48€58k€156k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€52k€148k▲
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€450€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€778€2k▲
Other operating charges640/8€788€1k▲
Non-recurring operating charges66A€260€0▼
Gross operating margin9900€69k€47k▼
Operating profit (loss)9901€68k€44k▼
Financial income75/76B€90€132▲
Recurring financial income75€90€132▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€63k€41k▼
Income taxes67/77€20k€12k▼
Profit (loss) for the period9904€43k€29k▼
Profit (loss) for the period to be appropriated9905€43k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€29k▼
Transfer from equity791/2€18k€105k▲
Transfer to equity691/2€43k€29k▼
To other reserves6921€43k€29k▼
Profit to be distributed694/7€18k€105k▲
Return on contributions (dividend)694€18k€105k▲
The notes to these accounts (6 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €202k ▲14.3%
7 profitable years in a row build equity to €202k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €54k ▲246%
Operating result €83k, net result €54k, both a record.
31-12
Financial
Equity above €150kEq €161k ▲8.8%
5 profitable years in a row build equity to €161k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €16k ▼54.6%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Staden · 1 establishment unit since 2013
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.
Vijverbosstraat(WRB) 38840 StadenGround area
1,246 m²
Building footprint
170 m²
Volume, LiDAR
727 m³
Parcel 36020C0235/00D000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vervisch Frank
since 20132.225.369.347
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36020C0235/00D000 | Flanders | 1,246 m² | 1 · 170 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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G.M.A. CONSTRUCT
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 12,886 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-2013
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.