VIERSTRAETE-IDE
ActiveVIERSTRAETE-IDE has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €721k and a net result of €8k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 92% of 4860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-39
Solvency100=
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 56.08 against 30.73 in 2024; short-term debt: 1.7% and cash: 11.5% of total assets), and 11.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
88.1%
Return on assets
1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
15 d early
2023
19 d late
2022
8 d early
2021
12 d early
2020
11 d early
2019
2 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8k▼ 91.5%
2024 · €98k
2018: €49k
2019: €87k
2020: €101k
2021: €93k
2022: €139k
2023: €166k
2024: €98k
2018 → 2025
Working capital
€780k▼ 24.7%
2024 · €1.04M
2018: €923k
2019: €713k
2020: €803k
2021: €929k
2022: €1.04M
2023: €1.06M
2024: €1.04M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€718k-€856k▲ 19.3%€1.02M▲ 19.3%€849k▼ 16.9%€721k▼ 15.1%
Operating result€144k-€196k▲ 36.1%€238k▲ 21.5%€142k▼ 40.3%€10k▼ 93.1%
Net result€93k-€139k▲ 48.5%€166k▲ 19.5%€98k▼ 40.9%€8k▼ 91.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 93% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €818k
Fixed assets
€24k▼ 26.5%
Current assets
€794k▼ 25.8%
Equity and liabilities €818k
Equity
€721k▼ 15.1%
Debt
€97k▼ 61.9%
The debt ratio falls from 23.1% to 11.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€19k▼
2024 · €152k
Cash flow
€18k▼
2024 · €108k
Solvency
88.1%▲
2024 · 76.9%
Current ratio
56.08▲
2024 · 30.73
Quick ratio
26.83▲
2024 · 18.38
Debt / equity
0.13▼
2024 · 0.30
ROE
1.2%▼
2024 · 11.5%
ROA
1.0%▼
2024 · 8.9%
Interest coverage
2.56▼
2024 · 28.22
Debt
€97k▼
2024 · €254k
Debt ≤ 1 year
€14k▼
2024 · €35k
Debt > 1 year
€73k▼
2024 · €210k
Income taxes
€3k▼
2024 · €47k
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€1.10M€818k▼
Fixed assets21/28€32k€24k▼
Tangible fixed assets22/27€32k€24k▼
Land and buildings22€19k€14k▼
Plant, machinery and equipment23€13k€10k▼
Financial fixed assets28€5-
Current assets29/58€1.07M€794k▼
Stocks and contracts in progress3€431k€414k▼
Stocks30/36€431k€414k▼
Amounts receivable within one year40/41€29k€270k▲
Trade receivables40€18k€30k▲
Other amounts receivable41€11k€240k▲
Current investments50/53€450k-
Cash at bank and in hand54/58€150k€94k▼
Deferred charges and accrued income490/1€11k€16k▲
Equity and liabilities
Total equity and liabilities10/49€1.10M€818k▼
Equity10/15€849k€721k▼
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€786k€658k▼
Non-distributable reserves130/1€44k€44k=
Legal reserve130€44k€44k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€740k€612k▼
Amounts payable17/49€254k€97k▼
Amounts payable after more than one year17€210k€73k▼
Other amounts payable178/9€210k€73k▼
Amounts payable within one year42/48€35k€14k▼
Trade debts44-€3k
Suppliers440/4-€3k
Taxes, remuneration and social security45€35k€11k▼
Taxes450/3€33k€7k▼
Remuneration and social security454/9€2k€4k▲
Accrued charges and deferred income492/3€10k€10k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A-€106k
Gross operating margin9900€155k€128k▼
Operating profit (loss)9901€142k€10k▼
Financial income75/76B€8k€9k▲
Recurring financial income75€8k€9k▲
Financial charges65/66B€5k€8k▲
Recurring financial charges65€5k€8k▲
Profit (loss) for the period before taxes9903€145k€12k▼
Income taxes67/77€47k€3k▼
Profit (loss) for the period9904€98k€8k▼
Profit (loss) for the period to be appropriated9905€98k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€98k€8k▼
Transfer from equity791/2€271k€136k▼
Transfer to equity691/2€98k€8k▼
To other reserves6921€98k€8k▼
Profit to be distributed694/7€271k€136k▼
Return on contributions (dividend)694€271k€136k▼
The notes to these accounts (9 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €8k ▼91.5%
Net result drops to €8k, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 19 days late
2023
31-12
Financial
Highest result since 2018net €166k ▲19.5%
Operating result €238k, net result €166k, both a record.
31-12
Financial
Equity above €1MEq €1.02M ▲19.3%
6 profitable years in a row build equity to €1.02M.
23-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-07
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
8 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 1982
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.
Holstraat 58570 AnzegemGround area
1,215 m²
Building footprint
221 m²
Volume, LiDAR
1,171 m³
Parcel 34002D0309/00L000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WALTER VERSTRAETE-IDE NV
since 19822.019.811.303
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002D0309/00L000 | Flanders | 1,215 m² | 1 · 221 m² | 8.9 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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Of 806 companies in sector 46610 we hold annual accounts for 566. 466 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-01-1982
Fiscal year end31-12
Activities, NACEBEL
46610Wholesale trade
51880
Sources
Crossroads Bank for EnterprisesNational Bank · 44 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.