VRBST
ActiveSummary
VRBST has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €222k and a net result of €17k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 95% of 2566 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+5
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 11.42 against 15.94 in 2024; short-term debt: 8.2% and cash: 36.6% of total assets), and 8.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
91.8%
Return on assets
7.1%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← 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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
31 d early
2023
28 d early
2022
46 d early
2021
52 d early
2020
17 d late
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€222k▲ 2.6%
2024 · €216k
2018: €195klowest in 8 years
2019: €206k▲ +5.9% vs 2018
2020: €212k▲ +2.7% vs 2019
2021: €217k▲ +2.6% vs 2020
2022: €227k▲ +4.2% vs 2021highest in 8 years
2023: €221k▼ -2.6% vs 2022
2024: €216k▼ -2.1% vs 2023
2025: €222k▲ +2.6% vs 2024
2018 → 2025
Total assets
€242k▲ 5.5%
2024 · €229k
2018: €198klowest in 8 years
2019: €208k▲ +4.9% vs 2018
2020: €221k▲ +6.1% vs 2019
2021: €227k▲ +2.7% vs 2020
2022: €236k▲ +4.1% vs 2021
2023: €235k▼ -0.6% vs 2022
2024: €229k▼ -2.5% vs 2023
2025: €242k▲ +5.5% vs 2024highest in 8 years
2018 → 2025
Net result
€17k▲ 147%
2024 · €7k
2018: €12k
2019: €11k▼ -1.9% vs 2018
2020: €12k▲ +6.7% vs 2019
2021: €13k▲ +7.0% vs 2020
2022: €17k▲ +28.5% vs 2021
2023: €4k▼ -75.0% vs 2022lowest in 8 years
2024: €7k▲ +64.8% vs 2023
2025: €17k▲ +147% vs 2024highest in 8 years
2018 → 2025
Working capital
€205k▲ 7.9%
2024 · €190k
2018: €195k
2019: €206k▲ +5.9% vs 2018
2020: €212k▲ +2.7% vs 2019
2021: €217k▲ +2.6% vs 2020highest in 8 years
2022: €182k▼ -16.2% vs 2021lowest in 8 years
2023: €186k▲ +1.9% vs 2022
2024: €190k▲ +2.5% vs 2023
2025: €205k▲ +7.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€217k-€227k▲ 4.2%€221k▼ 2.6%€216k▼ 2.1%€222k▲ 2.6%
2021: €217k
2022: €227k▲ +4.2% vs 2021highest in 5 years
2023: €221k▼ -2.6% vs 2022
2024: €216k▼ -2.1% vs 2023lowest in 5 years
2025: €222k▲ +2.6% vs 2024
Operating result€18k-€16k▼ 8.9%€8k▼ 54.1%€8k▲ 5.8%€24k▲ 196%
2021: €18k
2022: €16k▼ -8.9% vs 2021
2023: €8k▼ -54.1% vs 2022lowest in 5 years
2024: €8k▲ +5.8% vs 2023
2025: €24k▲ +196% vs 2024highest in 5 years
Net result€13k-€17k▲ 28.5%€4k▼ 75.0%€7k▲ 64.8%€17k▲ 147%
2021: €13k
2022: €17k▲ +28.5% vs 2021
2023: €4k▼ -75.0% vs 2022lowest in 5 years
2024: €7k▲ +64.8% vs 2023
2025: €17k▲ +147% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro 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 196% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €242k
Fixed assets
€17k ▼ 35.8%
Current assets
€225k ▲ 10.8%
Equity and liabilities €242k
Equity
€222k ▲ 2.6%
Debt
€20k ▲ 54.8%
Debt's share of the balance-sheet total rises from 5.6% to 8.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▲
2024 · €17k
Cash flow
€26k▲
2024 · €16k
Current ratio
11.42▼
2024 · 15.94
Debt to equity
0.09▲
2024 · 0.06
ROE
7.7%▲
2024 · 3.2%
ROA
7.1%▲
2024 · 3.0%
Interest coverage
1119.58▲
2024 · 619.22
Debt ≤ 1 year
€20k▲
2024 · €13k
Income taxes
€6k▲
2024 · €1k
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 · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€229k€242k▲
Fixed assets21/28€26k€17k▼
Tangible fixed assets22/27€26k€17k▼
Furniture and vehicles24€26k€17k▼
Current assets29/58€203k€225k▲
Amounts receivable within one year40/41€126k€137k▲
Trade receivables40€124k€136k▲
Other amounts receivable41€2k€237▼
Cash at bank and in hand54/58€77k€88k▲
Equity and liabilities
Total equity and liabilities10/49€229k€242k▲
Equity10/15€216k€222k▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€116k€122k▲
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€106k€112k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€13k€20k▲
Amounts payable within one year42/48€13k€20k▲
Trade debts44€0€878▲
Suppliers440/4€0€878▲
Taxes, remuneration and social security45€1k€7k▲
Taxes450/3€1k€7k▲
Other amounts payable47/48€11k€12k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k=
Other operating charges640/8€668€684▲
Gross operating margin9900€18k€34k▲
Operating profit (loss)9901€8k€24k▲
Financial charges65/66B€28€29▲
Recurring financial charges65€28€29▲
Profit (loss) for the period before taxes9903€8k€24k▲
Income taxes67/77€1k€6k▲
Profit (loss) for the period9904€7k€17k▲
Profit (loss) for the period to be appropriated9905€7k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€17k▲
Transfer from equity791/2€12k€11k▼
Transfer to equity691/2€7k€17k▲
To other reserves6921€7k€17k▲
Profit to be distributed694/7€12k€11k▼
Return on contributions (dividend)694€12k€11k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2k | €9k | €9k | €9k | = |
| Other operating charges640/8 | €1k | €606 | €718 | €668 | €684 | ▲ 2.4% |
| Gross operating margin9900 | €19k | €19k | €18k | €18k | €34k | ▲ 87.0% |
| Operating profit (loss)9901 | €18k | €16k | €8k | €8k | €24k | ▲ 196% |
| Financial income75/76B | - | €6k | €0 | - | - | - |
| Recurring financial income75 | - | €0 | €0 | - | - | - |
| Non-recurring financial income76B | - | €6k | €0 | - | - | - |
| Financial charges65/66B | €26 | €24 | €39 | €28 | €29 | ▲ 5.2% |
| Recurring financial charges65 | €26 | €24 | €39 | €28 | €29 | ▲ 5.2% |
| Profit (loss) for the period before taxes9903 | €18k | €22k | €7k | €8k | €24k | ▲ 196% |
| Income taxes67/77 | €5k | €6k | €3k | €1k | €6k | ▲ 530% |
| Profit (loss) for the period9904 | €13k | €17k | €4k | €7k | €17k | ▲ 147% |
| Profit (loss) for the period to be appropriated9905 | €13k | €17k | €4k | €7k | €17k | ▲ 147% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €227k | €236k | €235k | €229k | €242k | ▲ 5.5% |
| Fixed assets21/28 | - | €45k | €35k | €26k | €17k | ▼ 35.8% |
| Tangible fixed assets22/27 | - | €45k | €35k | €26k | €17k | ▼ 35.8% |
| Furniture and vehicles24 | - | €45k | €35k | €26k | €17k | ▼ 35.8% |
| Current assets29/58 | €227k | €192k | €200k | €203k | €225k | ▲ 10.8% |
| Amounts receivable within one year40/41 | €172k | €80k | €96k | €126k | €137k | ▲ 8.6% |
| Trade receivables40 | €172k | €76k | €94k | €124k | €136k | ▲ 10.1% |
| Other amounts receivable41 | €83 | €4k | €2k | €2k | €237 | ▼ 88.0% |
| Cash at bank and in hand54/58 | €54k | €112k | €104k | €77k | €88k | ▲ 14.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €227k | €236k | €235k | €229k | €242k | ▲ 5.5% |
| Equity10/15 | €217k | €227k | €221k | €216k | €222k | ▲ 2.6% |
| Contributions10/11 | €100k | €100k | €100k | €100k | €100k | = |
| Capital10 | €100k | €100k | €100k | €100k | €100k | = |
| Issued capital100 | €100k | €100k | €100k | €100k | €100k | = |
| Reserves13 | €117k | €127k | €121k | €116k | €122k | ▲ 4.9% |
| Non-distributable reserves130/1 | €10k | €10k | €10k | €10k | €10k | = |
| Legal reserve130 | €10k | €10k | €10k | €10k | €10k | = |
| Distributable reserves133 | €107k | €117k | €111k | €106k | €112k | ▲ 5.3% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €9k | €10k | €14k | €13k | €20k | ▲ 54.8% |
| Amounts payable within one year42/48 | €9k | €10k | €14k | €13k | €20k | ▲ 54.8% |
| Trade debts44 | €406 | - | €3k | €0 | €878 | - |
| Suppliers440/4 | €406 | - | €3k | €0 | €878 | - |
| Taxes, remuneration and social security45 | €2k | €2k | €920 | €1k | €7k | ▲ 443% |
| Taxes450/3 | €2k | €2k | €920 | €1k | €7k | ▲ 443% |
| Other amounts payable47/48 | €7k | €7k | €10k | €11k | €12k | ▲ 4.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €17k | €4k | €7k | €17k | ▲ 147% |
| + Depreciation and write-downs630 | - | €2k | €9k | €9k | €9k | = |
| Operating cash flow (approximation) | €13k | €19k | €13k | €16k | €26k | ▲ 62.6% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €0 | - |
| Change in cash | - | €58k | €-8k | €-26k | €11k | ▲ 142% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €17k ▲147%
Operating result €24k, net result €17k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €4k ▼75%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 112.50
Current ratio from 55.23 to 112.50; short-term debt falls from €4k to €2k.
31-12
Financial
Equity above €200kEq €206k ▲5.9%
2 profitable years in a row build equity to €206k.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Sint-Katelijne-Waver · 1 establishment unit since 2000
Ground area
4,238 m²
Building footprint
1,352 m²
Volume, LiDAR
7,891 m³
Parcel 12027D0438/00W000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
VERBIEST NV
since 20002.115.923.158
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12027D0438/00W000 | Flanders | 4,238 m² | 1 · 1,352 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
AMPLITUDE DESIGN
BE 0870.516.305
Evere · Eq €222k
ELECTROTECHNIC
BE 0421.379.678
Courcelles · Eq €224k
CALLEWAERT Norbert
BE 0421.154.204
Menen · Eq €218k
Sofianis partners
BE 0887.034.514
Brussel · Eq €231k
HUIS MANENDONCKX
BE 0809.069.476
Geel · Eq €245k
Of 407 companies in sector 95210 we hold annual accounts for 116. 94 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded03-07-2000
Fiscal year end31-12
Activities, NACEBEL 2025
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Scores and ratios are computed by Checked and are not a credit decision.