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Verlacor

Active
Public limited companyfounded 1985active for 40 yearsKapellestraat 70, 9800 Deinze, BelgiumKBO/BCE: BE 0428.330.422
Summary

Verlacor has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30.6m and a net result of €1.7m. Equity has been stable since 2018 (±0.8% per year). Its solvency ranks better than 21% of 3,863 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 24-12-1985 Normal situation
Registered office
31 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Activities of head offices NACE 70100
Joint committee
220 Paritair Comité voor de bedienden uit de voedingsnijverheid · annual accounts 2025
Establishment unit
2.028.566.542 9800 Deinze, since 24-12-1985
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
Shareholders
  • HELUCA2025 annual accounts of HELUCA

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€2.6m
▲ 9.3%
Turnover
≈ €5.0m
estimated
Profit
€1.7m
▼ 32.7%
Equity
€30.6m
▲ 0.8%
Total assets
€163.6m
▼ 6.0%
Employees on 31-12-2025
12
▼ 20.0%
  • 2025 accounts filed 26 days after the deadline
Filed on 26-08-2026
Score breakdownraises riskLiquidity: current ratio 1.06, cash €5.5mEquity €30.6m (18.7% of total assets)Size: 12.1 FTE, total assets €163.6mlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 18% of small companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Weak
Solvency 44+2
equity 18.7% of total assets
Liquidity 11-1
short-term debt 79.6% · cash 3.4%
Profitability 22+1
return on assets 1.1%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (4,516 companies, NACE 70, small)
Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.2 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.2%▼ -0.2 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €2,550,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.06 (1.05 in 2024), below the usual 1.5. Short-term debt is 79.6% and cash 3.4% of total assets. 81.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small). It does better than 20% of them on solvency, 5% on liquidity, 11% on profitability and 37% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 1.06, cash €5.5m
NBB · annual accounts
raises risk · Equity €30.6m (18.7% of total assets)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Size: 12.1 FTE, total assets €163.6m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 3863 sector peers (2025).
NBB · sector comparison
Position among 3863 sector peers
Solvency
better than 21%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €30.6m
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
26 days late
2024
28 days late
2023
20 days late
2022
19 days early
2021
20 days early
2020
19 days early
2019
96 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 August (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 2nd largest company by total assets in Deinze, Professional and technical services…in the Checked rankings No. 2 View
  • Positive: 8 profitable years in a rowprofit 2025: €1.7m 8 years View
  • New directorslatest change 26-01-2026 · 2 in office 2 joined View
  • Caution: Result fell in 2025from €2.6m to €1.7m ▼ 32.7% View

Recent changes

  1. · Gazette deed Capital decrease to €1,000,000Reappointment: Baker Tilly Bedrijfsrevisoren (statutory auditor) · Permanent representatives: MEYVAERT Steven and VERSELE Stefan · Resignations: VERSELE Gwijde (director) and HELUCA (director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as Verlacor: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €24m and €814m, founded between 1974 and 2006.

CompanyTotal assetsGross margin
Verlacor Deinze€163.6m€2.6m
JANA Sint-Niklaas€83.0m€5.9m
AIR PRODUCTS MANAGEMENT Machelen (Brab.)€814.4m€3.0m
DADO Wevelgem€40.1m€3.2m
UNIC-MONA Izegem€45.9m€4.3m
DB HOLDING Dendermonde€23.7m€1.7m
TATA STEEL BELGIUM SERVICES Antwerpen€29.0m€1.4m
Full comparison

Key facts about Verlacor

What is the company number of Verlacor?
The company number of Verlacor is 0428.330.422. The VAT number is the same number with BE in front: BE 0428.330.422.
Where is Verlacor based?
The registered office is at Kapellestraat 70, 9800 Deinze.Company details
What does Verlacor do?
According to the KBO register, the main activity is activities of head offices (NACE 70100).
What is the legal form of Verlacor?
The legal form of Verlacor is Public limited company (NV).
When was Verlacor founded?
Verlacor was founded on 24-12-1985.
Is Verlacor still active?
Yes, Verlacor is an active enterprise in the KBO register.
How many employees does Verlacor have?
Verlacor had an average of 12.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Verlacor fall under?
In its 2025 annual accounts, Verlacor states joint committee 220 (Paritair Comité voor de bedienden uit de voedingsnijverheid).
What is the turnover of Verlacor?
The turnover in financial year 2025 is ≈ €5.0m. This figure is estimated from the gross margin of €2.6m and 39 comparable companies (NACE 70). It probably lies between €3.6m and €6.4m. In financial year 2019 turnover was €2.1m.
Is Verlacor profitable?
In financial year 2025, Verlacor made a profit of €1.7m.
Where can I find the annual accounts of Verlacor?
Verlacor filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Verlacor due?
Verlacor must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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