VERCO HOLDING
ActiveSummary
VERCO HOLDING has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.11M and a net result of €27k. Equity remains stable across the filed fiscal years (±2.1% per year). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability38▼-1
Solvency55▼-45
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 53.47; short-term debt: 1.3% and cash: 0% of total assets), but 70.2% of the assets are financed with debt.
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
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 2024Solvency, return and age of the figures
Solvency
29.8%
Return on assets
0.4%
Age of the figures
21 mo
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 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
31 d late
2022
69 d late
2021
31 d late
2020
31 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€2.11M▲ 1.3%
2023 · €2.08M
2018: €1.88M
2019: €1.90M
2020: €1.91M
2021: €1.94M
2022: €2.07M
2023: €2.08M
2018 → 2024
Total assets
€7.07M▲ 237%
2023 · €2.10M
2018: €4.39M
2019: €4.47M
2020: €4.55M
2021: €1.94M
2022: €2.07M
2023: €2.10M
2018 → 2024
Net result
€27k▲ 151%
2023 · €11k
2018: €37k
2019: €27k
2020: €11k
2021: €21k
2022: €136k
2023: €11k
2018 → 2024
Working capital
€4.93M▲ 137%
2023 · €2.08M
2018: €1.50M
2019: €1.54M
2020: €1.57M
2021: €1.61M
2022: €2.07M
2023: €2.08M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.91M-€1.94M▲ 1.1%€2.07M▲ 7.0%€2.08M▲ 0.5%€2.11M▲ 1.3%
Operating result€-26k-€-11k▲ 57.1%€95k€-9k€-26k▼ 194%
Net result€11k-€21k▲ 87.8%€136k▲ 537%€11k▼ 92.2%€27k▲ 151%
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 €26k in 2024 against €9k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.07M
Fixed assets
€2.05M ▲ 199,663%
Current assets
€5.03M ▲ 139%
Equity and liabilities €7.07M
Equity
€2.11M ▲ 1.3%
Debt
€4.96M ▲ 29,233%
Debt's share of the balance-sheet total rises from 0.8% to 70.2%. Equity and debt are higher.
Key figures and ratios
Current ratio
53.47
Debt to equity
2.35▲
2023 · 0.01
ROE
1.3%▲
2023 · 0.5%
ROA
0.4%▼
2023 · 0.5%
Debt ≤ 1 year
€94k▲
2023 · €17k
Debt > 1 year
€4.87M
Income taxes
€10k▼
2023 · €53k
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 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.10M€7.07M▲
Fixed assets21/28€1k€2.05M▲
Financial fixed assets28€1k€2.05M▲
Current assets29/58€2.10M€5.03M▲
Amounts receivable within one year40/41€1.59M€5.02M▲
Trade receivables40-€70k
Other amounts receivable41€1.59M€4.95M▲
Cash at bank and in hand54/58€510k€3k▼
Deferred charges and accrued income490/1€286€296▲
Equity and liabilities
Total equity and liabilities10/49€2.10M€7.07M▲
Equity10/15€2.08M€2.11M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€2.01M€2.04M▲
Amounts payable17/49€17k€4.96M▲
Amounts payable after more than one year17-€4.87M
Financial debts170/4-€4.87M
Amounts payable within one year42/48€17k€94k▲
Trade debts44-€47k
Suppliers440/4-€47k
Taxes, remuneration and social security45€17k€47k▲
Taxes450/3€17k€47k▲
Income statement
Code20232024
Non-recurring operating income76A€0-
Other operating charges640/8€260€1k▲
Gross operating margin9900€-9k€-25k▼
Operating profit (loss)9901€-9k€-26k▼
Financial income75/76B€73k€130k▲
Recurring financial income75€73k€130k▲
Financial charges65/66B€678€67k▲
Recurring financial charges65€678€67k▲
Profit (loss) for the period before taxes9903€63k€37k▼
Income taxes67/77€53k€10k▼
Profit (loss) for the period9904€11k€27k▲
Profit (loss) for the period to be appropriated9905€11k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.01M€2.04M▲
Profit (loss) brought forward from the previous period14P€2.00M€2.01M▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €11k ▼92.2%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
2022
31-12
Financial
Highest result since 2018net €136k ▲537%
Operating result €95k, net result €136k, both a record.
31-12
Financial
Equity above €2MEq €2.07M ▲7%
5 profitable years in a row build equity to €2.07M.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Liquidity times 130current ratio 207.49
Current ratio from 1.60 to 207.49; short-term debt falls from €2.63M to €8k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
07-07
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
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, Maaseik · 1 establishment unit since 1983
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.
Koningin Astridlaan 283680 MaaseikGround area
1,314 m²
Building footprint
213 m²
Volume, LiDAR
1,823 m³
Parcel 72021D0159/00N003, Flanders · tallest building 14.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Koningin Astridlaan 28, 3680 Maaseik
since 19832.022.002.909
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021D0159/00N003 | Flanders | 1,314 m² | 1 · 213 m² | 14.5 m · 3 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.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-10-1972
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.