Verhegge Marc
ActiveVerhegge Marc has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.55M and a net result of €547k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 42% of 401 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-1
Solvency58▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.4 in 2024; short-term debt: 54.9% and cash: 10.9% of total assets), and 66.8% 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 · 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 2025Solvency, return and age of the figures
Solvency
33.2%
Return on assets
11.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 10 filingsDeviation from the deadline
2025
20 d late
2024
28 d late
2023
22 d late
2022
17 d late
2021
16 d late
2020
22 d early
2019
11 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.55M▲ 1.4%
2024 · €1.53M
2018: €1.85M
2019: €1.36M
2020: €1.47M
2021: €1.47M
2022: €1.48M
2023: €1.51M
2024: €1.53M
2018 → 2025
Total assets
€4.67M▲ 8.9%
2024 · €4.28M
2018: €4.18M
2019: €3.51M
2020: €3.74M
2021: €3.58M
2022: €3.91M
2023: €3.50M
2024: €4.28M
2018 → 2025
Net result
€547k▲ 6.2%
2024 · €515k
2018: €438k
2019: €414k
2020: €530k
2021: €512k
2022: €588k
2023: €406k
2024: €515k
2018 → 2025
Working capital
€881k▼ 0.8%
2024 · €888k
2018: €968k
2019: €1.16M
2020: €1.27M
2021: €768k
2022: €647k
2023: €663k
2024: €888k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.47M-€1.48M▲ 1.1%€1.51M▲ 1.8%€1.53M▲ 1.3%€1.55M▲ 1.4%
Operating result€611k-€748k▲ 22.5%€529k▼ 29.3%€655k▲ 23.7%€729k▲ 11.3%
Net result€512k-€588k▲ 14.8%€406k▼ 30.9%€515k▲ 26.7%€547k▲ 6.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.67M
Fixed assets
€1.22M▲ 5.8%
Current assets
€3.44M▲ 10.0%
Equity and liabilities €4.67M
Equity
€1.55M▲ 1.4%
Provisions
€21k▲ 6.1%
Debt
€3.10M▲ 13.1%
The debt ratio rises from 63.9% to 66.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.15M▲
2024 · €1.05M
Cash flow
€972k▲
2024 · €914k
Solvency
33.2%▼
2024 · 35.6%
Current ratio
1.34▼
2024 · 1.40
Quick ratio
1.06▼
2024 · 1.09
Debt / equity
2.00▲
2024 · 1.79
ROE
35.3%▲
2024 · 33.7%
ROA
11.7%▼
2024 · 12.0%
Interest coverage
9.41▼
2024 · 26.23
Debt
€3.10M▲
2024 · €2.74M
Debt ≤ 1 year
€2.56M▲
2024 · €2.24M
Debt > 1 year
€425k=
2024 · €425k
Income taxes
€90k▼
2024 · €134k
Staff costs
€2.61M▲
2024 · €2.51M
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€4.28M€4.67M▲
Fixed assets21/28€1.16M€1.22M▲
Tangible fixed assets22/27€1.15M€1.22M▲
Plant, machinery and equipment23€652k€805k▲
Furniture and vehicles24€501k€415k▼
Financial fixed assets28€5k€4k▼
Current assets29/58€3.13M€3.44M▲
Stocks and contracts in progress3€676k€727k▲
Stocks30/36€676k€727k▲
Amounts receivable within one year40/41€1.93M€2.21M▲
Trade receivables40€955k€1.81M▲
Other amounts receivable41€973k€398k▼
Cash at bank and in hand54/58€524k€507k▼
Equity and liabilities
Total equity and liabilities10/49€4.28M€4.67M▲
Equity10/15€1.53M€1.55M▲
Contributions10/11€101k€101k=
Reserves13€1.43M€1.45M▲
Non-distributable reserves130/1€595€595=
Reserves not available under the articles1311€595€595=
Tax-exempt reserves132€169k€173k▲
Distributable reserves133€1.26M€1.27M▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€20k€21k▲
Deferred taxes168€20k€21k▲
Amounts payable17/49€2.74M€3.10M▲
Amounts payable after more than one year17€425k€425k=
Financial debts170/4€425k€425k=
Amounts payable within one year42/48€2.24M€2.56M▲
Trade debts44€1.48M€1.78M▲
Suppliers440/4€1.48M€1.78M▲
Taxes, remuneration and social security45€235k€257k▲
Taxes450/3€37k€37k▲
Remuneration and social security454/9€199k€220k▲
Other amounts payable47/48€525k€525k=
Accrued charges and deferred income492/3€74k€110k▲
Income statement
Code20242025
Non-recurring operating income76A-€24k
Remuneration, social security and pensions62€2.51M€2.61M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€399k€425k▲
Other operating charges640/8€78k€74k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€3.65M€3.84M▲
Operating profit (loss)9901€655k€729k▲
Financial income75/76B€30k€32k▲
Recurring financial income75€30k€32k▲
Financial charges65/66B€40k€123k▲
Recurring financial charges65€40k€123k▲
Profit (loss) for the period before taxes9903€644k€638k▼
Transfer from deferred taxes780€5k€5k=
Transfer to deferred taxes680-€6k
Income taxes67/77€134k€90k▼
Profit (loss) for the period9904€515k€547k▲
Transfer from tax-exempt reserves789€11k€14k▲
Transfer to tax-exempt reserves689-€18k
Profit (loss) for the period to be appropriated9905€526k€543k▲
Appropriation of the result
Profit (loss) to be appropriated9906€526k€543k▲
Transfer to equity691/2€1k€18k▲
To other reserves6921€1k€18k▲
Profit to be distributed694/7€525k€525k=
Return on contributions (dividend)694€400k€275k▼
Directors or managers695€125k€250k▲
Social balance
Average headcount (FTE)908736.838.8▲
The notes to these accounts (20 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
31-12
Financial
Weakest financial yearnet €406k ▼30.9%
Net result drops to €406k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 17 days late
2022
31-12
Financial
Highest result since 2018net €588k ▲14.8%
Operating result €748k, net result €588k, both a record.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 19 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Zedelgem · 1 establishment unit since 2002
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.
De Arend 128210 ZedelgemGround area
2.1 ha
Building footprint
2,678 m²
Volume, LiDAR
19,343 m³
Parcel 31040F1540/00C000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERHEGGE MARC BV
since 20022.012.425.544
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040F1540/00C000 | Flanders | 2.1 ha | 1 · 2,678 m² | 8.4 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 3,570 EUR awarded · 5,103 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,811 EUR | 1,811 EUR |
| 2024 | 1 | 1,685 EUR | 1,489 EUR |
| 2023 | 1 | 74 EUR | 1,803 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
8 categoriesVerhegge Marc BV15387
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Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 591 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-1976
Fiscal year end31-12
Activities, NACEBEL
42110Construction of roads and motorways
43120Site preparation
45112
42212Civil engineering
42919Civil engineering
Sources
Crossroads Bank for EnterprisesNational Bank · 50 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.