Vercalo Services
ActiveVercalo Services has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127k and a net result of €-66k. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 11% of 8623 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-35
Solvency30▼-33
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.94 in 2024; short-term debt: 30.3% and cash: 0.8% of total assets), and 95% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 8623 sector peers (2025).
NBB · sector comparisonPosition among 8623 sector peers
Solvency
better than 11%
← weakest
strongest →
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
1 d early
2023
22 d late
2022
6 d early
2021
34 d early
2020
143 d early
2019
9 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€127k▼ 49.8%
2024 · €252k
2018: €79k
2019: €86k
2020: €103k
2021: €139k
2022: €165k
2023: €212k
2024: €252k
2018 → 2025
Total assets
€2.54M▲ 278%
2024 · €671k
2018: €419k
2019: €482k
2020: €469k
2021: €497k
2022: €488k
2023: €535k
2024: €671k
2018 → 2025
Net result
€-66k
2024 · €40k
2018: €14k
2019: €8k
2020: €17k
2021: €57k
2022: €46k
2023: €72k
2024: €40k
2018 → 2025
Working capital
€-650k▼ 3,871%
2024 · €-16k
2018: €-91k
2019: €-102k
2020: €-102k
2021: €-81k
2022: €-71k
2023: €-41k
2024: €-16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€139k-€165k▲ 18.8%€212k▲ 28.3%€252k▲ 19.0%€127k▼ 49.8%
Operating result€78k-€71k▼ 9.8%€107k▲ 50.8%€59k▼ 44.7%€-13k
Net result€57k-€46k▼ 18.4%€72k▲ 55.8%€40k▼ 43.9%€-66k
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 turns negative in 2025: a loss of €13k after €59k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.54M
Fixed assets
€2.42M▲ 509%
Current assets
€117k▼ 57.1%
Equity and liabilities €2.54M
Equity
€127k▼ 49.8%
Debt
€2.41M▲ 476%
The debt ratio rises from 62.4% to 95.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€162k▲
2024 · €75k
Cash flow
€109k▲
2024 · €56k
Solvency
5.0%▼
2024 · 37.6%
Current ratio
0.15▼
2024 · 0.94
Quick ratio
0.15▼
2024 · 0.94
Debt / equity
19.02▲
2024 · 1.66
ROE
-51.8%▼
2024 · 16.0%
ROA
-2.6%▼
2024 · 6.0%
Interest coverage
3.08▼
2024 · 9.28
Debt
€2.41M▲
2024 · €419k
Debt ≤ 1 year
€768k▲
2024 · €290k
Debt > 1 year
€1.64M▲
2024 · €129k
Income taxes
€132▼
2024 · €11k
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€671k€2.54M▲
Fixed assets21/28€398k€2.42M▲
Tangible fixed assets22/27€398k€2.42M▲
Land and buildings22€398k€2.19M▲
Plant, machinery and equipment23-€230k
Current assets29/58€273k€117k▼
Amounts receivable within one year40/41€230k€96k▼
Trade receivables40€211k€62k▼
Other amounts receivable41€19k€34k▲
Cash at bank and in hand54/58€43k€21k▼
Equity and liabilities
Total equity and liabilities10/49€671k€2.54M▲
Equity10/15€252k€127k▼
Contributions10/11€60k€60k=
Reserves13€192k€118k▼
Distributable reserves133€192k€118k▼
Profit (loss) carried forward14€0€-51k▼
Amounts payable17/49€419k€2.41M▲
Amounts payable after more than one year17€129k€1.64M▲
Financial debts170/4€129k€1.64M▲
Amounts payable within one year42/48€290k€768k▲
Current portion of amounts payable after more than one year42€32k€149k▲
Trade debts44€15k€40k▲
Suppliers440/4€15k€40k▲
Taxes, remuneration and social security45€7k€8k▲
Taxes450/3€1k€2k▲
Remuneration and social security454/9€6k€6k▲
Other amounts payable47/48€236k€572k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€175k▲
Other operating charges640/8€513€10k▲
Gross operating margin9900€75k€172k▲
Operating profit (loss)9901€59k€-13k▼
Financial charges65/66B€8k€53k▲
Recurring financial charges65€8k€53k▲
Profit (loss) for the period before taxes9903€51k€-66k▼
Income taxes67/77€11k€132▼
Profit (loss) for the period9904€40k€-66k▼
Profit (loss) for the period to be appropriated9905€40k€-66k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€-66k▼
Transfer from equity791/2€0€74k▲
Transfer to equity691/2€40k€0▼
To other reserves6921€40k€0▼
Profit to be distributed694/7€0€60k▲
Return on contributions (dividend)694€0€60k▲
The notes to these accounts (16 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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-66k ▼263%
Net result drops to €-66k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
31-12
Financial
Highest result since 2018net €72k ▲55.8%
Operating result €107k, net result €72k, both a record.
31-12
Financial
Equity above €200kEq €212k ▲28.3%
6 profitable years in a row build equity to €212k.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €150kEq €165k ▲18.8%
5 profitable years in a row build equity to €165k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
10-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €103k ▲18.7%
3 profitable years in a row build equity to €103k.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
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
6 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
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.
Jagershoek 178570 AnzegemGround area
5,007 m²
Building footprint
1,611 m²
Volume, LiDAR
10,837 m³
Parcel 34038A0172/00L000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34038A0172/00L000 | Flanders | 5,007 m² | 1 · 1,611 m² | 7.3 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 82,554 companies in sector 70200 we hold annual accounts for 52,573. 40,845 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-01-2015
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68321Property management for co-owned buildings (syndics)
68322Real estate activities
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.