Verdio
Open bankruptcySummary
A bankruptcy procedure is open for Verdio according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-254k) and a net result of €-76k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
30 d late
2021
29 d late
2020
30 d late
2019
23 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€-254k▼ 42.5%
2021 · €-178k
2018: €-7khighest in 5 years
2019: €-38k▼ -410% vs 2018
2020: €-59k▼ -56.6% vs 2019
2021: €-178k▼ -200% vs 2020
2022: €-254k▼ -42.5% vs 2021lowest in 5 years
2018 → 2022
Total assets
€984k▼ 6.4%
2021 · €1.05M
2018: €102klowest in 5 years
2019: €403k▲ +297% vs 2018
2020: €1.12M▲ +177% vs 2019highest in 5 years
2021: €1.05M▼ -6.0% vs 2020
2022: €984k▼ -6.4% vs 2021
2018 → 2022
Net result
€-76k▲ 36.2%
2021 · €-119k
2018: €-13khighest in 5 years
2019: €-31k▼ -142% vs 2018
2020: €-21k▲ +29.6% vs 2019
2021: €-119k▼ -453% vs 2020lowest in 5 years
2022: €-76k▲ +36.2% vs 2021
2018 → 2022
Working capital
€-450k▼ 13.0%
2021 · €-398k
2018: €-40k
2019: €65k▲ +261% vs 2018highest in 5 years
2020: €-389k▼ -704% vs 2019
2021: €-398k▼ -2.3% vs 2020
2022: €-450k▼ -13.0% vs 2021lowest in 5 years
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-7k-€-38k▼ 410%€-59k▼ 56.6%€-178k▼ 200%€-254k▼ 42.5%
2018: €-7khighest in 5 years
2019: €-38k▼ -410% vs 2018
2020: €-59k▼ -56.6% vs 2019
2021: €-178k▼ -200% vs 2020
2022: €-254k▼ -42.5% vs 2021lowest in 5 years
Operating result€-13k-€-30k▼ 139%€-21k▲ 28.5%€-118k▼ 452%€-75k▲ 36.5%
2018: €-13khighest in 5 years
2019: €-30k▼ -139% vs 2018
2020: €-21k▲ +28.5% vs 2019
2021: €-118k▼ -452% vs 2020lowest in 5 years
2022: €-75k▲ +36.5% vs 2021
Net result€-13k-€-31k▼ 142%€-21k▲ 29.6%€-119k▼ 453%€-76k▲ 36.2%
2018: €-13khighest in 5 years
2019: €-31k▼ -142% vs 2018
2020: €-21k▲ +29.6% vs 2019
2021: €-119k▼ -453% vs 2020lowest in 5 years
2022: €-76k▲ +36.2% vs 2021
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €75k in 2022 against €118k in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €984k
Fixed assets
€976k ▼ 6.4%
Current assets
€8k ▲ 2.1%
Key figures and ratios
EBITDA
€-8k▲
2021 · €-51k
Cash flow
€-9k▲
2021 · €-52k
Solvency
-25.8%▼
2021 · -17.0%
Current ratio
0.02▼
2021 · 0.02
Debt to equity
-4.87▲
2021 · -6.89
ROA
-7.7%▲
2021 · -11.3%
Interest coverage
-30.56▲
2021 · -224.57
Debt
€1.24M▲
2021 · €1.23M
Debt ≤ 1 year
€458k▲
2021 · €406k
Debt > 1 year
€780k=
2021 · €780k
Income taxes
€383▼
2021 · €454
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 · 2022 against 2021 · 40 lines
Balance sheet
Code20212022
Assets
Total assets20/58€1.05M€984k▼
Fixed assets21/28€1.04M€976k▼
Tangible fixed assets22/27€1.04M€976k▼
Land and buildings22€1.02M€970k▼
Furniture and vehicles24€21k€6k▼
Current assets29/58€8k€8k▲
Amounts receivable within one year40/41€357€522▲
Other amounts receivable41€357€522▲
Cash at bank and in hand54/58€7k€7k=
Equity and liabilities
Total equity and liabilities10/49€1.05M€984k▼
Equity10/15€-178k€-254k▼
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Non-distributable reserves130/1€66€66=
Reserves not available under the articles1311€66€66=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€-186k€-262k▼
Amounts payable17/49€1.23M€1.24M▲
Amounts payable after more than one year17€780k€780k=
Financial debts170/4€780k€780k=
Amounts payable within one year42/48€406k€458k▲
Trade debts44€9k€62k▲
Suppliers440/4€9k€62k▲
Other amounts payable47/48€397k€397k=
Accrued charges and deferred income492/3€43k-
Income statement
Code20212022
Goods, raw materials, services and sundry goods60/61€50k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€67k=
Other operating charges640/8€1k€5k▲
Gross operating margin9900€-50k€-3k▲
Operating profit (loss)9901€-118k€-75k▲
Financial income75/76B€102-
Recurring financial income75€102-
Financial charges65/66B€229€269▲
Recurring financial charges65€229€269▲
Profit (loss) for the period before taxes9903€-118k€-75k▲
Income taxes67/77€454€383▼
Profit (loss) for the period9904€-119k€-76k▲
Profit (loss) for the period to be appropriated9905€-119k€-76k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-186k€-262k▼
Profit (loss) brought forward from the previous period14P€-67k€-186k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €50k | €3k | ▼ 94.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €30k | €67k | €67k | €67k | = |
| Other operating charges640/8 | - | - | - | €1k | €5k | ▲ 319% |
| Gross operating margin9900 | €-885 | €702 | €46k | €-50k | €-3k | ▲ 94.2% |
| Operating profit (loss)9901 | €-13k | €-30k | €-21k | €-118k | €-75k | ▲ 36.5% |
| Financial income75/76B | - | - | - | €102 | - | - |
| Recurring financial income75 | - | - | - | €102 | - | - |
| Financial charges65/66B | - | - | - | €229 | €269 | ▲ 17.7% |
| Recurring financial charges65 | €21 | €295 | €52 | €229 | €269 | ▲ 17.7% |
| Profit (loss) for the period before taxes9903 | €-13k | €-30k | €-21k | €-118k | €-75k | ▲ 36.3% |
| Income taxes67/77 | - | €226 | - | €454 | €383 | ▼ 15.5% |
| Profit (loss) for the period9904 | €-13k | €-31k | €-21k | €-119k | €-76k | ▲ 36.2% |
| Profit (loss) for the period to be appropriated9905 | €-13k | €-31k | €-21k | €-119k | €-76k | ▲ 36.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €102k | €403k | €1.12M | €1.05M | €984k | ▼ 6.4% |
| Fixed assets21/28 | €82k | €334k | €1.11M | €1.04M | €976k | ▼ 6.4% |
| Tangible fixed assets22/27 | €82k | €334k | €1.11M | €1.04M | €976k | ▼ 6.4% |
| Land and buildings22 | - | - | - | €1.02M | €970k | ▼ 5.1% |
| Furniture and vehicles24 | - | - | - | €21k | €6k | ▼ 70.9% |
| Current assets29/58 | €20k | €69k | €7k | €8k | €8k | ▲ 2.1% |
| Amounts receivable within one year40/41 | €14k | €41k | - | €357 | €522 | ▲ 46.3% |
| Other amounts receivable41 | - | - | - | €357 | €522 | ▲ 46.3% |
| Cash at bank and in hand54/58 | €6k | €28k | €7k | €7k | €7k | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €102k | €403k | €1.12M | €1.05M | €984k | ▼ 6.4% |
| Equity10/15 | €-7k | €-38k | €-59k | €-178k | €-254k | ▼ 42.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €1k | €1k | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | - | - | - | €66 | €66 | = |
| Reserves not available under the articles1311 | - | - | - | €66 | €66 | = |
| Distributable reserves133 | - | - | - | €1k | €1k | = |
| Profit (loss) carried forward14 | €-15k | €-45k | €-67k | €-186k | €-262k | ▼ 40.8% |
| Amounts payable17/49 | €109k | €441k | €1.18M | €1.23M | €1.24M | ▲ 0.7% |
| Amounts payable after more than one year17 | €49k | €436k | €780k | €780k | €780k | = |
| Financial debts170/4 | - | - | - | €780k | €780k | = |
| Amounts payable within one year42/48 | €60k | €5k | €397k | €406k | €458k | ▲ 12.8% |
| Trade debts44 | €58k | €70 | €70 | €9k | €62k | ▲ 550% |
| Suppliers440/4 | - | - | - | €9k | €62k | ▲ 550% |
| Other amounts payable47/48 | - | - | - | €397k | €397k | = |
| Accrued charges and deferred income492/3 | - | - | - | €43k | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-13k | €-31k | €-21k | €-119k | €-76k | ▲ 36.2% |
| + Depreciation and write-downs630 | €11k | €30k | €67k | €67k | €67k | = |
| Operating cash flow (approximation) | €-1k | €-523 | €45k | €-52k | €-9k | ▲ 82.9% |
| Investment in fixed assets (approximation) | - | €-282k | €-843k | €-1 | €0 | ▲ 100% |
| Change in cash | - | €22k | €-21k | €0 | €0 | ▲ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
20-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 14-04-2026
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €-119k
Net result drops to €-119k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
23-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 23 days late
2019
31-12
Financial
Liquidity times 44current ratio 14.41
Current ratio from 0.33 to 14.41; short-term debt falls from €60k to €5k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Kasterlee · 1 establishment unit since 2015
Ground area
5,595 m²
Building footprint
1,639 m²
Volume, LiDAR
888 m³
2 parcels, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Verdio
since 20152.243.778.759
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13017C0363/00C000 | Flanders | 4,421 m² | 1 · 1,502 m² | 5.1 m |
| 13342B1327/00X023 | Flanders | 1,175 m² | 1 · 138 m² | 5.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | GERT VERREYT BEGIJNENSTRAAT 17, 2300 TURN-
HOUT |
14-04-2026 → present |
| Curator | THOMAS VAN BOURGOGNIE BEGIJ-
NENSTRAAT 17, 2300 TURNHOUT |
14-04-2026 → present |
Identification & contact
Identification
Legal formPrivate limited company
Founded09-07-2015
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.