VERVO
ActiveVERVO has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.84M and a net result of €286k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 66% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+2
Solvency82▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 4.32 against 3.01 in 2024; short-term debt: 15.3% and cash: 18.1% of total assets), and 42.5% 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 43
Relative position
BE, all sectors
reference
Sector 43
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
57.5%
Return on assets
8.9%
Age of the figures
12 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 30-09-2025 was due by 30-04-2026 and was filed on 18-03-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
64 d early
2023
20 d early
2022
5 d early
2021
32 d early
2020
24 d early
2019
33 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.84M▲ 5.9%
2024 · €1.74M
2018: €628k
2019: €711k
2020: €866k
2021: €1.24M
2022: €1.36M
2023: €1.56M
2024: €1.74M
2018 → 2025
Total assets
€3.21M▼ 0.8%
2024 · €3.23M
2018: €1.54M
2019: €1.66M
2020: €2.35M
2021: €2.51M
2022: €2.46M
2023: €3.38M
2024: €3.23M
2018 → 2025
Net result
€286k▲ 20.8%
2024 · €237k
2018: €39k
2019: €83k
2020: €155k
2021: €376k
2022: €191k
2023: €203k
2024: €237k
2018 → 2025
Working capital
€1.63M▲ 15.6%
2024 · €1.41M
2018: €409k
2019: €489k
2020: €662k
2021: €921k
2022: €996k
2023: €1.21M
2024: €1.41M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.24M-€1.36M▲ 9.4%€1.56M▲ 14.9%€1.74M▲ 11.7%€1.84M▲ 5.9%
Operating result€520k-€240k▼ 53.9%€316k▲ 31.8%€350k▲ 10.8%€435k▲ 24.4%
Net result€376k-€191k▼ 49.2%€203k▲ 6.2%€237k▲ 17.0%€286k▲ 20.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 24% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.21M
Fixed assets
€1.09M▼ 2.9%
Current assets
€2.12M▲ 0.4%
Equity and liabilities €3.21M
Equity
€1.84M▲ 5.9%
Debt
€1.36M▼ 8.5%
The debt ratio falls from 46.1% to 42.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€555k▲
2024 · €485k
Cash flow
€406k▲
2024 · €372k
Solvency
57.5%▲
2024 · 53.9%
Current ratio
4.32▲
2024 · 3.01
Quick ratio
2.88▲
2024 · 1.94
Debt / equity
0.74▼
2024 · 0.86
ROE
15.5%▲
2024 · 13.6%
ROA
8.9%▲
2024 · 7.3%
Interest coverage
11.17▼
2024 · 14.07
Debt
€1.36M▼
2024 · €1.49M
Debt ≤ 1 year
€491k▼
2024 · €702k
Debt > 1 year
€865k▲
2024 · €787k
Income taxes
€137k▲
2024 · €115k
Staff costs
€1.19M▼
2024 · €1.19M
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€3.23M€3.21M▼
Fixed assets21/28€1.12M€1.09M▼
Tangible fixed assets22/27€1.12M€1.09M▼
Land and buildings22€870k€870k=
Plant, machinery and equipment23€149k€152k▲
Furniture and vehicles24€101k€64k▼
Financial fixed assets28€1k€2k▲
Current assets29/58€2.11M€2.12M▲
Stocks and contracts in progress3€750k€707k▼
Stocks30/36€354k€453k▲
Contracts in progress37€396k€254k▼
Amounts receivable within one year40/41€917k€795k▼
Trade receivables40€834k€735k▼
Other amounts receivable41€83k€60k▼
Current investments50/53€1k€1k▼
Cash at bank and in hand54/58€398k€581k▲
Deferred charges and accrued income490/1€48k€38k▼
Equity and liabilities
Total equity and liabilities10/49€3.23M€3.21M▼
Equity10/15€1.74M€1.84M▲
Contributions10/11€19k€19k=
Reserves13€1.72M€1.83M▲
Distributable reserves133€1.72M€1.83M▲
Profit (loss) carried forward14-€0
Amounts payable17/49€1.49M€1.36M▼
Amounts payable after more than one year17€787k€865k▲
Financial debts170/4€787k€865k▲
Amounts payable within one year42/48€702k€491k▼
Current portion of amounts payable after more than one year42€99k€95k▼
Financial debts43€8k€55k▲
Credit institutions430/8€8k€55k▲
Trade debts44€323k€178k▼
Suppliers440/4€323k€178k▼
Taxes, remuneration and social security45€198k€137k▼
Taxes450/3€92k€34k▼
Remuneration and social security454/9€106k€103k▼
Other amounts payable47/48€75k€26k▼
Accrued charges and deferred income492/3€1k€8k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.19M€1.19M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€135k€119k▼
Other operating charges640/8€26k€25k▼
Non-recurring operating charges66A€4k€0▼
Gross operating margin9900€1.70M€1.77M▲
Operating profit (loss)9901€350k€435k▲
Financial income75/76B€37k€38k▲
Recurring financial income75€37k€38k▲
Financial charges65/66B€34k€50k▲
Recurring financial charges65€34k€50k▲
Profit (loss) for the period before taxes9903€352k€424k▲
Income taxes67/77€115k€137k▲
Profit (loss) for the period9904€237k€286k▲
Profit (loss) for the period to be appropriated9905€237k€286k▲
Appropriation of the result
Profit (loss) to be appropriated9906€237k€286k▲
Transfer from equity791/2€55k€185k▲
Transfer to equity691/2€237k€286k▲
To other reserves6921€237k€286k▲
Profit to be distributed694/7€55k€185k▲
Return on contributions (dividend)694€55k€185k▲
Social balance
Average headcount (FTE)908718.518.9▲
The notes to these accounts (22 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
18-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €376k ▲143%
Operating result €520k, net result €376k, both a record.
30-09
Financial
Equity above €1MEq €1.24M ▲43.4%
4 profitable years in a row build equity to €1.24M.
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-03
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
3 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, Ledegem · 1 establishment unit since 2005
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.
Provinciebaan 538880 LedegemGround area
1,895 m²
Building footprint
1,260 m²
Volume, LiDAR
14,312 m³
Parcel 36010B0400/00G002, Flanders · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
VERVO BVBA
since 20052.149.059.051
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36010B0400/00G002 | Flanders | 1,895 m² | 1 · 1,260 m² | 13.9 m · 4 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 18,166 EUR awarded · 18,013 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 592 EUR | 888 EUR |
| 2024 | 1 | 592 EUR | 296 EUR |
| 2023 | 2 | 8,512 EUR | 8,359 EUR |
| 2022 | 1 | 8,470 EUR | 8,470 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,095 companies in sector 43240 we hold annual accounts for 1,631. 494 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-09-2005
Fiscal year end30-09
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
43320Joinery installation
45422
22240Manufacture of rubber and plastic products
25230
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.