VERVOORT VERWARMING
ActiveSummary
VERVOORT VERWARMING has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €241k and a net result of €11k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 95% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 10.86 against 5.12 in 2023; short-term debt: 8.9% and cash: 80.7% of total assets), and 8.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 · 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 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
40 d early
2022
16 d late
2021
38 d early
2020
4 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€241k▲ 4.6%
2023 · €230k
2018: €259k
2019: €270k
2020: €276k
2021: €240k
2022: €262k
2023: €230k
2018 → 2024
Total assets
€264k▼ 6.4%
2023 · €282k
2018: €307k
2019: €315k
2020: €319k
2021: €276k
2022: €293k
2023: €282k
2018 → 2024
Net result
€11k▼ 14.3%
2023 · €12k
2018: €20k
2019: €11k
2020: €6k
2021: €-36k
2022: €22k
2023: €12k
2018 → 2024
Working capital
€231k▲ 7.9%
2023 · €214k
2018: €253k
2019: €216k
2020: €235k
2021: €188k
2022: €229k
2023: €214k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€276k-€240k▼ 13.0%€262k▲ 9.2%€230k▼ 12.1%€241k▲ 4.6%
Operating result€3k-€-40k€21k€11k▼ 45.3%€14k▲ 22.8%
Net result€6k-€-36k€22k€12k▼ 44.4%€11k▼ 14.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 23% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €264k
Fixed assets
€10k ▼ 39.0%
Current assets
€254k ▼ 4.4%
Equity and liabilities €264k
Equity
€241k ▲ 4.6%
Debt
€23k ▼ 54.9%
Debt's share of the balance-sheet total falls from 18.4% to 8.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▼
2023 · €30k
Cash flow
€17k▼
2023 · €31k
Current ratio
10.86▲
2023 · 5.12
Quick ratio
10.47▲
2023 · 4.92
Debt to equity
0.10▼
2023 · 0.23
ROE
4.4%▼
2023 · 5.3%
ROA
4.0%▼
2023 · 4.3%
Interest coverage
196.86▼
2023 · 725.95
Debt ≤ 1 year
€23k▼
2023 · €52k
Income taxes
€7k▲
2023 · €3k
Staff costs
€118k▲
2023 · €110k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€282k€264k▼
Fixed assets21/28€16k€10k▼
Tangible fixed assets22/27€16k€10k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€12k€7k▼
Current assets29/58€266k€254k▼
Stocks and contracts in progress3€10k€9k▼
Stocks30/36€10k€5k▼
Contracts in progress37-€4k
Amounts receivable within one year40/41€32k€32k▼
Trade receivables40€29k€27k▼
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€223k€213k▼
Equity and liabilities
Total equity and liabilities10/49€282k€264k▼
Equity10/15€230k€241k▲
Contributions10/11€19k€19k=
Reserves13€210k€221k▲
Distributable reserves133€210k€221k▲
Profit (loss) carried forward14€2k€2k▲
Amounts payable17/49€52k€23k▼
Amounts payable within one year42/48€52k€23k▼
Trade debts44€2k€150▼
Suppliers440/4€2k€150▼
Taxes, remuneration and social security45€19k€17k▼
Taxes450/3€2k€294▼
Remuneration and social security454/9€17k€17k▼
Other amounts payable47/48€31k€6k▼
Income statement
Code20232024
Remuneration, social security and pensions62€110k€118k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€6k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€2k€4k▲
Gross operating margin9900€142k€144k▲
Operating profit (loss)9901€11k€14k▲
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€42€104▲
Recurring financial charges65€42€104▲
Profit (loss) for the period before taxes9903€15k€17k▲
Income taxes67/77€3k€7k▲
Profit (loss) for the period9904€12k€11k▼
Profit (loss) for the period to be appropriated9905€12k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€12k▼
Profit (loss) brought forward from the previous period14P€2k€2k▲
Transfer from equity791/2€44k-
Transfer to equity691/2€12k€11k▼
To other reserves6921€12k€11k▼
Profit to be distributed694/7€44k-
Return on contributions (dividend)694€44k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 10.86
Current ratio from 5.12 to 10.86; short-term debt falls from €52k to €23k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-36k ▼688%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-06
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.
Directors · office · real estate
Directors
1 act for this company is 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, Nijlen · 1 establishment unit since 2008
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.
Molenvaartstraat 252560 NijlenGround area
612 m²
Building footprint
152 m²
Volume, LiDAR
98 m³
Parcel 12026A0118/00A002, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VERVOORT VERWARMING
since 20082.168.232.882
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12026A0118/00A002 | Flanders | 612 m² | 1 · 152 m² | 8.2 m · 1 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.
Similar companies · same sector, comparable size
MARC MOYAERT
BE 0472.768.991
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ANTOINE PERE ET FILS
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VANDENBORRE-N
BE 0837.262.923
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KOEN DERMUL
BE 0827.526.992
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,698 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.