Vercas
Vercas has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €12k. Equity is shrinking by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 31% of 31061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €32k |
| Net result | €12k |
| Better than sector | 31% |
| Active | 9 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 31.5% | 55.9% | |
| Net result | €12k | €27k | |
| Equity | €32k | €83k | |
| Gross operating margin | €41k | €53k | |
| Total assets | €103k | €186k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €39k | €79k | €48k | €-4k | €-6k |
| Net profit | €12k | €48k | €37k | €-7k | €53k |
| Cash flow | €31k | €61k | €37k | €-5k | €55k |
| Staff costs | - | - | - | - | - |
| Income taxes | €7k | €18k | €9k | €917 | €711 |
| Dividends | €86k | €24k | €12k | €10k | - |
| Total assets | €103k | €119k | €99k | €61k | €76k |
| Equity | €32k | €107k | €82k | €56k | €73k |
| Debt | €70k | €13k | €18k | €4k | €2k |
| of which ≤ 1y | €69k | €12k | €17k | €3k | €847 |
| of which > 1y | - | - | - | - | - |
| Working capital | €-39k | €45k | €78k | €52k | €68k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.44 | 4.86 | 5.72 | 17.88 | 80.91 |
| Quick ratio | 0.44 | 4.86 | 5.72 | 17.88 | 80.91 |
| Working capital ratio | -37.9% | 37.7% | 78.6% | 86.4% | 89.6% |
| Solvency | 31.5% | 89.3% | 82.3% | 93.1% | 97.0% |
| Debt / equity | 2.18 | 0.12 | 0.22 | 0.07 | - |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 139.54 | 214.73 | 50.19 | -20.25 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 11.5% | 40.6% | 37.3% | -11.2% | 69.9% |
| ROE | 36.7% | 45.4% | 45.3% | -12.1% | 72.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €103k | €119k | €99k | €61k | €76k |
| Fixed assets | 21/28 | €72k | €63k | €5k | €5k | €7k |
| Tangible fixed assets | 22/27 | €72k | €63k | €5k | €5k | €7k |
| Current assets | 29/58 | €30k | €57k | €95k | €55k | €69k |
| Amounts receivable within one year | 40/41 | €11k | €12k | €16k | €4k | €6k |
| Cash & bank | 54/58 | €15k | €39k | €73k | €51k | €62k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €103k | €119k | €99k | €61k | €76k |
| Equity | 10/15 | €32k | €107k | €82k | €56k | €73k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | - |
| Reserves | 13 | €2k | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €12k | €86k | €61k | €36k | €53k |
| Amounts payable | 17/49 | €70k | €13k | €18k | €4k | €2k |
| Amounts payable within one year | 42/48 | €69k | €12k | €17k | €3k | €847 |
| Trade debts payable within one year | 44 | €7k | €10k | €7k | €2k | €199 |
| Income statement | ||||||
| Gross operating margin | 9900 | €41k | €81k | €52k | €-856 | €-3k |
| Operating result | 9901 | €19k | €66k | €47k | €-6k | €-8k |
| Financial income | 75 | €18 | €1 | - | - | - |
| Financial charges | 65 | €276 | €366 | €948 | €190 | €98 |
| Result before taxes | 9903 | €19k | €66k | €46k | €-6k | €-8k |
| Income taxes | 67/77 | €7k | €18k | €9k | €917 | €711 |
| Net result for the period | 9904 | €12k | €48k | €37k | €-7k | €-9k |
| Result to be appropriated | 9905 | €12k | €48k | €37k | €-7k | €-9k |
-
CASAERT BarbaraNon-statutory directorState Gazette act 22384561 (21-12-2022)Current21-12-2022 → present
-
VERDONCKT PeterNon-statutory directorState Gazette act 22384561 (21-12-2022)Current21-12-2022 → present
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 27-09-2016 |
| Status | Active |
| Postal code | 9870 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44037A1171/00F000 | Flanders | 1,767 m² | 1 · 132 m² | 8.7 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
21-12-2022 2 directors appointed
- VERDONCKT Peter, Niet-statutair bestuurder
- CASAERT Barbara, Niet-statutair bestuurder
Technical details
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"notary": {
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"act_meta": {
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}| Legal nameNL | Vercas |