VERZEKERINGEN DE VRIESE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €343k and a net result of €233k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 25% of 1471 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
14 d late
2023
12 d early
2022
14 d early
2021
12 d early
2020
30 d early
2019
18 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€343k▲ 3.2%
2024 · €333k
2018: €65k
2019: €113k
2020: €164k
2021: €306k
2022: €324k
2023: €327k
2024: €333k
2018 → 2025
Net result
€233k▲ 120%
2024 · €106k
2018: €41k
2019: €48k
2020: €57k
2021: €142k
2022: €18k
2023: €3k
2024: €106k
2018 → 2025
Total assets
€2.08M▼ 1.0%
2024 · €2.10M
2018: €786k
2019: €760k
2020: €704k
2021: €2.74M
2022: €2.62M
2023: €2.32M
2024: €2.10M
2018 → 2025
Solvency
16.5%▲ 0.7pp
2024 · 15.9%
2018: 8.2%
2019: 14.8%
2020: 23.3%
2021: 11.2%
2022: 12.4%
2023: 14.1%
2024: 15.9%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€306k-€324k▲ 5.8%€327k▲ 0.9%€333k▲ 1.6%€343k▲ 3.2%
Operating result€242k-€91k▼ 62.4%€61k▼ 32.6%€173k▲ 182%€318k▲ 84.3%
Net result€142k-€18k▼ 87.5%€3k▼ 82.9%€106k▲ 3,370%€233k▲ 120%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 84% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.08M
Fixed assets
€1.51M▼ 9.5%
Current assets
€564k▲ 32.1%
Equity and liabilities €2.08M
Equity
€343k▲ 3.2%
Debt
€1.73M▼ 1.9%
The debt ratio falls from 84.1% to 83.5%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
16.5%▲
2024 · 15.9%
ROE
67.8%▲
2024 · 31.9%
ROA
11.2%▲
2024 · 5.1%
Debt
€1.73M▼
2024 · €1.76M
Debt ≤ 1 year
€829k▲
2024 · €605k
Debt > 1 year
€900k▼
2024 · €1.16M
Income taxes
€53k▲
2024 · €42k
Staff costs
€1.20M▼
2024 · €1.23M
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€2.10M€2.08M▼
Fixed assets21/28€1.67M€1.51M▼
Intangible fixed assets21€1.27M€1.07M▼
Tangible fixed assets22/27€401k€438k▲
Plant, machinery and equipment23€1k€20k▲
Furniture and vehicles24€237k€268k▲
Other tangible fixed assets26€163k€150k▼
Financial fixed assets28€2k€2k▼
Current assets29/58€427k€564k▲
Amounts receivable after more than one year29€60k€134k▲
Other amounts receivable291€60k€134k▲
Amounts receivable within one year40/41€245k€270k▲
Trade receivables40€165k€201k▲
Other amounts receivable41€80k€69k▼
Current investments50/53€69k€59k▼
Cash at bank and in hand54/58€24k€63k▲
Deferred charges and accrued income490/1€29k€37k▲
Equity and liabilities
Total equity and liabilities10/49€2.10M€2.08M▼
Equity10/15€333k€343k▲
Contributions10/11€12k€12k=
Reserves13€312k€323k▲
Distributable reserves133€312k€323k▲
Profit (loss) carried forward14€8k€8k▼
Amounts payable17/49€1.76M€1.73M▼
Amounts payable after more than one year17€1.16M€900k▼
Financial debts170/4€1.16M€900k▼
Amounts payable within one year42/48€605k€829k▲
Current portion of amounts payable after more than one year42€262k€256k▼
Trade debts44€89k€85k▼
Suppliers440/4€89k€85k▼
Advances received on contracts in progress46€11k€59k▲
Taxes, remuneration and social security45€181k€193k▲
Taxes450/3€47k€83k▲
Remuneration and social security454/9€134k€110k▼
Other amounts payable47/48€62k€236k▲
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€10€0▼
Remuneration, social security and pensions62€1.23M€1.20M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€286k€289k▲
Other operating charges640/8€7k€24k▲
Gross operating margin9900€1.69M€1.83M▲
Operating profit (loss)9901€173k€318k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€26k€34k▲
Recurring financial charges65€26k€34k▲
Profit (loss) for the period before taxes9903€148k€286k▲
Income taxes67/77€42k€53k▲
Profit (loss) for the period9904€106k€233k▲
Profit (loss) for the period to be appropriated9905€106k€233k▲
Appropriation of the result
Profit (loss) to be appropriated9906€114k€241k▲
Profit (loss) brought forward from the previous period14P€8k€8k▼
Transfer from equity791/2€42k€48k▲
Transfer to equity691/2€48k€59k▲
To other reserves6921€48k€59k▲
Profit to be distributed694/7€101k€222k▲
Return on contributions (dividend)694€42k€48k▲
Directors or managers695€59k€174k▲
Social balance
Average headcount (FTE)908715.215.6▲
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €233k ▲120%
Operating result €318k, net result €233k, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 14 days late
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €3k ▼82.9%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €306k ▲86.9%
4 profitable years in a row build equity to €306k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150kEq €164k ▲45.3%
3 profitable years in a row build equity to €164k.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €100kEq €113k ▲74.7%
2 profitable years in a row build equity to €113k.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
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
4 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, Laarne · 2 establishment units 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.
Dendermondsesteenweg 749270 LaarneGround area
1,884 m²
Building footprint
560 m²
Volume, LiDAR
5,938 m³
2 parcels, Flanders · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
VERZEKERINGEN DE VRIESE
since 20082.174.149.090
Molenstraat 85, 9230 Wetteren
since 20142.225.649.459
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42009B0880/00C000 | Flanders | 1,505 m² | 1 · 198 m² | 7.5 m · 2 fl. |
| 42302E0723/00F000 | Flanders | 379 m² | 1 · 361 m² | 15.7 m · 4 fl. |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 3,084 EUR awarded · 3,084 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | -692 EUR | 0 EUR |
| 2024 | 2 | 42 EUR | 2,145 EUR |
| 2023 | 2 | 3,416 EUR | 621 EUR |
| 2022 | 1 | 318 EUR | 318 EUR |
Schemes
Werkbaarheidscheque (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
549300452492HZC5M311
Similar companies · same sector, comparable size
ORMAX
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WILLEMS VERZEKERINGEN
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KANTOOR DE BRUYN
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Of 4,683 companies in sector 66220 we hold annual accounts for 3,228. 2,721 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-10-2008
Fiscal year end31-12
Activities, NACEBEL
66220Insurance agents and brokers
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.