VERBABO
ActiveSummary
VERBABO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-9k) and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2096 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability29▲+29
Solvency8▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.06 against 1.43 in 2023; short-term debt: 84.6% and cash: 55.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-17.4%
Return on assets
-3.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-9k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
41 d early
2022
130 d early
2021
5 d early
2020
16 d early
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-9k▼ 25.8%
2023 · €-7k
2018: €-13k
2019: €2k
2020: €6k
2021: €9k
2022: €10k
2023: €-7k
2018 → 2024
Total assets
€53k▼ 32.6%
2023 · €79k
2018: €76k
2019: €73k
2020: €64k
2021: €58k
2022: €65k
2023: €79k
2018 → 2024
Net result
€-2k▲ 89.2%
2023 · €-18k
2018: €35k
2019: €15k
2020: €4k
2021: €3k
2022: €1k
2023: €-18k
2018 → 2024
Working capital
€3k▼ 87.5%
2023 · €22k
2018: €15k
2019: €36k
2020: €46k
2021: €44k
2022: €40k
2023: €22k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€6k-€9k▲ 46.0%€10k▲ 12.1%€-7k€-9k▼ 25.8%
Operating result€6k-€4k▼ 33.0%€2k▼ 45.1%€-17k€-1k▲ 92.9%
Net result€4k-€3k▼ 32.6%€1k▼ 61.5%€-18k€-2k▲ 89.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2024 against €17k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €53k
Fixed assets
€5k =
Current assets
€48k ▼ 35.0%
Key figures and ratios
Solvency
-17.4%▼
2023 · -9.3%
Current ratio
1.06▼
2023 · 1.43
Quick ratio
0.87▼
2023 · 1.26
Debt to equity
-6.75▲
2023 · -11.75
ROA
-3.6%▲
2023 · -22.2%
Debt
€63k▼
2023 · €87k
Debt ≤ 1 year
€45k▼
2023 · €52k
Debt > 1 year
€18k▼
2023 · €35k
Income taxes
€326▲
2023 · €251
Staff costs
€49k▼
2023 · €51k
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€79k€53k▼
Fixed assets21/28€5k€5k=
Tangible fixed assets22/27€5k€5k=
Furniture and vehicles24€5k€5k=
Current assets29/58€74k€48k▼
Stocks and contracts in progress3€9k€9k=
Stocks30/36€9k€9k=
Amounts receivable within one year40/41€48k€6k▼
Trade receivables40€48k€6k▼
Cash at bank and in hand54/58€14k€30k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€79k€53k▼
Equity10/15€-7k€-9k▼
Contributions10/11€30k€30k=
Profit (loss) carried forward14€-37k€-39k▼
Amounts payable17/49€87k€63k▼
Amounts payable after more than one year17€35k€18k▼
Financial debts170/4€35k€18k▼
Amounts payable within one year42/48€52k€45k▼
Trade debts44€20k€18k▼
Suppliers440/4€20k€18k▼
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9-€5k
Other amounts payable47/48€28k€19k▼
Income statement
Code20232024
Remuneration, social security and pensions62€51k€49k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€35k€49k▲
Operating profit (loss)9901€-17k€-1k▲
Financial income75/76B€15€115▲
Recurring financial income75€15€115▲
Financial charges65/66B€228€483▲
Recurring financial charges65€228€483▲
Profit (loss) for the period before taxes9903€-17k€-2k▲
Income taxes67/77€251€326▲
Profit (loss) for the period9904€-18k€-2k▲
Profit (loss) for the period to be appropriated9905€-18k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€-39k▼
Profit (loss) brought forward from the previous period14P€-20k€-37k▼
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-18k ▼1692%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity doublescurrent ratio 6.73
Current ratio from 2.74 to 6.73; short-term debt falls from €21k to €8k.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
13-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Turnhout · 1 establishment unit 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.
Steenweg op Zondereigen 302300 TurnhoutGround area
832 m²
Building footprint
90 m²
Volume, LiDAR
538 m³
Parcel 13040A0011/02P002, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERABO
since 20082.168.882.683
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13040A0011/02P002 | Flanders | 832 m² | 1 · 90 m² | 8.1 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 29,797 companies in sector 41001 we hold annual accounts for 16,049. 9,361 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43910Bricklaying and masonry work
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.