Investments
€1,262 2.9 × depreciation
Green is investment, beige is depreciation.
VIERU
Lifetime
4 annual accounts with figures on one time axispeak €26,804 (2023)
€522▼ 80.3%
lowest -€14,786 (2025)
-€14,786▼ €15,347
peak €51,224 (2024)
€36,438▼ 28.9%
€15,071▲ 116%
Documentsfilings and deeds
30-04-202689 days late
2025micro format
Gross margin from €2,644 to €522Loss of €14,786Equity from €51,224 to €36,438Debts from €6,973 to €15,071Investments €2,038Cash from €2,183 to €242
Key points
from the 2025 annual accountsFilings
4 annual accounts 89 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€14,786
Lower net result than 90% of companies in specialised construction. Sector median €10,184 · 35,124 companies.
Checked score
50
Fair
Financially stronger than 31% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.1%
01-2025: 3.1%● unchanged vs 12-2024
02-2025: 3.5%▲ +0.4 percentage points vs 01-2025
03-2025: 3.6%▲ +0.1 percentage points vs 02-2025highest value
04-2025: 2.1%▼ -1.5 percentage points vs 03-2025
05-2025: 2.1%● unchanged vs 04-2025
06-2025: 2.1%● unchanged vs 05-2025
07-2025: 2.1%● unchanged vs 06-2025
08-2025: 2.1%● unchanged vs 07-2025
09-2025: 2.1%● unchanged vs 08-2025
10-2025: 1.9%▼ -0.2 percentage points vs 09-2025
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025lowest value
01-2026: 2.0%▲ +0.1 percentage points vs 12-2025
02-2026: 2.5%▲ +0.5 percentage points vs 01-2026
03-2026: 2.5%● unchanged vs 02-2026
04-2026: 3.6%▲ +1.1 percentage points vs 03-2026
05-2026: 3.0%▼ -0.6 percentage points vs 04-2026
06-2026: 3.0%● unchanged vs 05-2026
07-2026: 3.0%● unchanged vs 06-2026
08-2026: 3.0%● unchanged vs 07-2026
09-2026: 3.0%● unchanged vs 08-2026
10-2026: 3.0%● unchanged vs 09-2026
11-2026: 3.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 90 days late; 2 of the last 3 accounts late
Liquidity: current ratio 3.23, cash €242, halved
Sector: Specialised construction activities (NACE 43)
Size: total assets €51,508
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 77% of them on solvency, 27% on liquidity, 4% on profitability and 14% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,591 companies had the same profile as VIERU has now. Each dot stands for 9 companies, two years later.
87.3%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VIERU itself: 3.0% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,591 companies, not a prediction for VIERU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.23 (8.16 in 2024), above the usual 1.5. Short-term debt is 29.3% and cash 0.5% of total assets. 29.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 89 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-04-2026, 89 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
89 days late
2024
26 days late
2023
151 days late
2020
52 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 80 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 12 April (3 of the last 4 accounts filed within 45 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered office moved from Asse to Ternat
New registered office: Overnelleweg 15 1740 Ternat · Previous registered office: Groenstraat 27 1730 Asse · General meeting of 08-02-2022 · Gazette deed
Incorporation
Founder: VIERU Sebastian · 100 shares · published on 12-07-2019 · Gazette deed
First establishment
Overnelleweg 15, Ternat
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VIERU Ternat | €51,508 | €522 | 70.7% | - |
| JAECK Roeselare | €50,983 | -€9,380 | 38.6% | - |
| KRYSTIAN BULACINSKI Aarschot | €67,248 | -€41,305 | 85.9% | - |
| EMS Wuustwezel | €30,430 | -€13,966 | 11.0% | - |
| M.S.E.P. Hamont-Achel | €40,581 | -€1,831 | 63.5% | - |
| JOOSENS PLUS Antwerp | €47,020 | €2,246 | 43.5% | - |
| ECO VOLT Orp-Jauche | €37,273 | €2,024 | 20.5% | - |
These companies have the same main activity as VIERU: electrical installation work in industrial facilities (NACE 43212). They are comparable in size and age: total assets between €30,400 and €67,200, founded between 2017 and 2022.
Official details
Source: KBO- Status
- Active since 10-07-2019Normal situation
- Activity
- Electrical installation work in industrial facilitiesNACE 43212and 4 others
- Establishment unit
- 2.291.267.2861740 Ternat, since 10-07-2019
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Insights on VIERU
VIERU files the micro format. That format states no turnover. The gross margin fell from €1,849 in 2020 to €522 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VIERU
- What is the company number of VIERU?
- The company number of VIERU is 0730.572.623. The VAT number is the same number with BE in front: BE 0730.572.623.
- Where is VIERU based?
- The registered office is at Overnelleweg 15, 1740 Ternat.Company details
- What does VIERU do?
- According to the KBO register, the main activity is electrical installation work in industrial facilities (NACE 43212).
- What is the legal form of VIERU?
- VIERU is a private limited company (BV).
- When was VIERU founded?
- VIERU was founded on 10-07-2019.
- Is VIERU still active?
- Yes, VIERU is an active enterprise in the KBO register.
- What is the turnover of VIERU?
- The turnover in financial year 2025 is ≈ €5,200. This figure is estimated from the gross margin of €522 and 219 comparable companies (NACE 432). It probably lies between €3,000 and €9,600. It is a rough estimate.Financials
- Is VIERU profitable?
- In financial year 2025, VIERU made a loss of €14,786.
- Where can I find the annual accounts of VIERU?
- VIERU filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VIERU due?
- VIERU must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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