WIM VERMAUT 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 €149k and a net result of €-1k. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 8018 sector peers (fiscal year 2025). The company has been active since 2009 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 · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-01-2026, 108 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
108 d early
2024
104 d early
2023
109 d early
2022
110 d early
2021
46 d early
2020
64 d early
2019
64 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€149k▼ 1.0%
2024 · €150k
2018: €104k
2019: €56k
2020: €34k
2021: €17k
2022: €73k
2023: €130k
2024: €150k
2018 → 2025
Net result
€-1k
2024 · €21k
2018: €-46k
2019: €-54k
2020: €-22k
2021: €-17k
2022: €56k
2023: €57k
2024: €21k
2018 → 2025
Total assets
€519k▼ 5.3%
2024 · €548k
2018: €361k
2019: €710k
2020: €644k
2021: €559k
2022: €565k
2023: €562k
2024: €548k
2018 → 2025
Solvency
28.7%▲ 1.3pp
2024 · 27.4%
2018: 28.7%
2019: 7.8%
2020: 5.3%
2021: 3.1%
2022: 12.9%
2023: 23.1%
2024: 27.4%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€73k▲ 323%€130k▲ 77.8%€150k▲ 15.9%€149k▼ 1.0%
Operating result€-14k-€63k€64k▲ 2.3%€28k▼ 56.8%€164▼ 99.4%
Net result€-17k-€56k€57k▲ 1.8%€21k▼ 63.7%€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 99% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €519k
Fixed assets
€504k▼ 2.3%
Current assets
€15k▼ 53.2%
Equity and liabilities €519k
Equity
€149k▼ 1.0%
Debt
€370k▼ 6.9%
The debt ratio falls from 72.6% to 71.3%. Equity and debt are lower.
Key figures and ratios
Solvency
28.7%▲
2024 · 27.4%
ROE
-1.0%▼
2024 · 13.7%
ROA
-0.3%▼
2024 · 3.8%
Debt
€370k▼
2024 · €398k
Debt ≤ 1 year
€311k▲
2024 · €299k
Debt > 1 year
€59k▼
2024 · €96k
Income taxes
€-23▼
2024 · €5k
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€548k€519k▼
Fixed assets21/28€515k€504k▼
Tangible fixed assets22/27€515k€504k▼
Land and buildings22€496k€504k▲
Furniture and vehicles24€20k€0▼
Current assets29/58€33k€15k▼
Amounts receivable within one year40/41€20k€7k▼
Trade receivables40€19k€3k▼
Other amounts receivable41€1k€4k▲
Cash at bank and in hand54/58€9k€7k▼
Deferred charges and accrued income490/1€3k€790▼
Equity and liabilities
Total equity and liabilities10/49€548k€519k▼
Equity10/15€150k€149k▼
Contributions10/11€19k€19k=
Reserves13€132k€130k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€132k€130k▼
Amounts payable17/49€398k€370k▼
Amounts payable after more than one year17€96k€59k▼
Financial debts170/4€96k€59k▼
Amounts payable within one year42/48€299k€311k▲
Current portion of amounts payable after more than one year42€38k€37k▼
Trade debts44€28k€12k▼
Suppliers440/4€28k€12k▼
Taxes, remuneration and social security45€2k€84▼
Taxes450/3€2k€84▼
Other amounts payable47/48€231k€261k▲
Accrued charges and deferred income492/3€3k€400▼
Income statement
Code20242025
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€18k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€54k€22k▼
Operating profit (loss)9901€28k€164▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€26k€-1k▼
Income taxes67/77€5k€-23▼
Profit (loss) for the period9904€21k€-1k▼
Profit (loss) for the period to be appropriated9905€21k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€-1k▼
Transfer from equity791/2-€1k
Transfer to equity691/2€21k€0▼
To other reserves6921€21k€0▼
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
12-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €150kEq €150k ▲15.9%
3 profitable years in a row build equity to €150k.
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €57k ▲1.8%
Operating result €64k, net result €57k, both a record.
30-09
Financial
Equity above €100kEq €130k ▲77.8%
2 profitable years in a row build equity to €130k.
10-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €56k
Net result €56k after 4 loss-making years.
15-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-54k
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Kortrijk · 1 establishment unit since 2009
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.
Wouterstraat(Mar) 28510 KortrijkGround area
1,404 m²
Building footprint
204 m²
Volume, LiDAR
1,130 m³
Parcel 34026A0598/00Y003, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wim Vermaut
since 20092.176.029.605
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026A0598/00Y003 | Flanders | 1,404 m² | 1 · 204 m² | 9.7 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.
Similar companies · same sector, comparable size
Coepon
BE 0670.480.628
Rumst · Eq €149k
DSNT
BE 0793.806.527
Aarschot · Eq €149k
Nova
BE 0803.689.837
Zele · Eq €149k
EMMA INVESTMENT
BE 0644.697.533
Herve · Eq €149k
AISLING
BE 0766.410.064
Wetteren · Eq €149k
Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 13,222 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2009
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.