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VEREECKEN ENGINEERING

Active
Leemgaard 22 ·2870 Puurs-Sint-Amands, Belgium
KBO/BCE: BE 0769.542.570
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Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of VEREECKEN ENGINEERING is 0.6% (low). The 2024 annual accounts show equity of €31k and a net result of €49k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 3386 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

2 signals · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 3386 sector peers (2024).
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 16 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 27-06-2025 34 d early 2025-00191582
31-12-2023 31-07-2024 05-07-2024 26 d early 2024-00223315
31-12-2022 31-07-2023 23-06-2023 38 d early 2023-00158197
31-12-2021 31-07-2022 24-06-2022 37 d early 2022-20129232

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.6% Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€49k+8.8%
Working capital€37k-58.5%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 27-06-2025 with the NBB · fiscal year 2024 · micro
€0€20k€40k€60kOperating result 2021: €16k€16kNet result 2021: €12k€12kOperating result 2022: €49k€49kNet result 2022: €38k€38kOperating result 2023: €57k€57kNet result 2023: €45k€45kOperating result 2024: €47k€47kNet result 2024: €49k€49k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~46% of the level (threshold 35%). We therefore deliberately show no projection line.
€0€25k€50k€75k€100k2021: €15k2022: €53k2023: €97k2024: €31k2021202220232024
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).

Sector comparison
Fiscal year 2024 · NACE 71, Architecture & engineering · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 16.3% 55.0%
better than 18% of 3386 sector peers
Net result €49k €19k
better than 78% of 3386 sector peers
Equity €31k €45k
better than 38% of 3388 sector peers
Gross operating margin €53k €38k
better than 63% of 3383 sector peers
Total assets €189k €95k
better than 76% of 3387 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P18
2021: P28 · n=10372022: P58 · n=19262023: P78 · n=27982024: P18 · n=33862021 2024
Improving position over 2021-2024 · n=1037-3386
Net result P78
2021: P42 · n=10372022: P76 · n=19272023: P78 · n=27962024: P78 · n=33862021 2024
Improving position over 2021-2024 · n=1037-3386
Equity P38
2021: P30 · n=10382022: P68 · n=19262023: P81 · n=27982024: P38 · n=33882021 2024
Improving position over 2021-2024 · n=1038-3388
Gross operating margin P63
2021: P33 · n=10352022: P68 · n=19242023: P73 · n=27942024: P63 · n=33832021 2024
Improving position over 2021-2024 · n=1035-3383
Describes the position versus peers, not a forecast.
EBITDA
€52k
-14.7% 21-24
Net profit
€49k
+8.8% 21-24
Cash flow
€54k
+9.6% 21-24
Total assets
€189k
+41.0% 21-24
Equity
€31k
-68.3% 21-24
Working capital
€37k
-58.5% 21-24
Income taxes
€8k
-36.1% 21-24
Dividends
€115k
+16328.6% 21-24
Show 10 other metrics
Debt
€158k
+327.2% 21-24
Debt ≤ 1y
€137k
+437.7% 21-24
Debt > 1y
€20k
+100.0% 21-24
Current ratio
1.27
-71.5% 21-24
Quick ratio
1.27
-71.5% 21-24
Solvency
16.3%
-77.5% 21-24
Debt / equity
5.15
+1247.9% 21-24
ROE
158.2%
+243.3% 21-24
ROA
25.7%
-22.8% 21-24
Interest coverage
21.85
-49.4% 21-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA€52k
Net profit€49k
Cash flow€54k
Staff costs-
Income taxes€8k
Dividends€115k
Total assets€189k
Equity€31k
Debt€158k
of which ≤ 1y€137k
of which > 1y€20k
Working capital€37k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.27
Quick ratio1.27
Working capital ratio19.3%
Solvency16.3%
Debt / equity5.15
Long-term debt ratio0.65
Interest coverage21.85
Gross margin-
Net margin-
ROA25.7%
ROE158.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€189k
Fixed assets 21/28€16k
Tangible fixed assets 22/27€16k
Current assets 29/58€174k
Amounts receivable within one year 40/41€10k
Investments 50/53€30k
Cash & bank 54/58€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€189k
Equity 10/15€31k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€28k
Amounts payable 17/49€158k
Amounts payable after one year 17€20k
Amounts payable within one year 42/48€137k
Trade debts payable within one year 44€937
Income statement
Gross operating margin 9900€53k
Operating result 9901€47k
Financial income 75€12k
Financial charges 65€2k
Result before taxes 9903€56k
Income taxes 67/77€8k
Net result for the period 9904€49k
Result to be appropriated 9905€49k
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
73 / 100 Healthy
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
VEREECKEN ENGINEERING
Leemgaard 22, 2870 Puurs-Sint-AmandsOverige dienstverlenende activiteiten op het gebied van informatie, n.e. g.
since 20212.318.095.013
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area628 m²
Buildings1
Building footprint123 m²
Volume (LiDAR)576 m³
Tallest building7.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12030B0648/00R000 Flanders 628 m² 1 · 122 m² 7.3 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
Address history · 1
25-04-2023
Registered-office move
All acts · 1 updated 3 years ago
2023
25-04-2023 Registered office moved from Temse to Puurs Registered-office change
  • Sint-Jorisstraat 117-9140 Temse → Leemgaard 22 te 2870 Puurs

Analysis

Financial profile

5 of 5 axes measured
Health73Profitability100Solvency28Growth78Stability94
75 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 73
Profitability 100
Solvency 28
Growth 78
Stability 94

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Ingenieurs en aanverwante technische adviseurs, exclusief landmeters71121Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121Adviesbureaus op het gebied van public relations en communicatie70210Overige technische testen en toetsen71209Overige technische testen en toetsen71209Markt- en opinieonderzoekbureaus73200Markt- en opinieonderzoek73200Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300Overige gespecialiseerde wetenschappelijke en technische activiteiten74909Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg74999
Primary activity highlighted.
Names & trade names
Legal nameNL VEREECKEN ENGINEERING
Registered office
Leemgaard 22
2870 Puurs-Sint-Amands, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.