VERLEBO
ActiveVERLEBO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €445k and a net result of €31k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 62% of 7331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-2
Solvency80▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.21 in 2024; short-term debt: 28.6% and cash: 14.7% of total assets), and 45.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
54.6%
Return on assets
3.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
3 d early
2023
1 d early
2022
33 d early
2021
40 d early
2020
9 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€445k▲ 7.4%
2024 · €414k
2019: €358k
2020: €381k
2021: €406k
2022: €444k
2023: €368k
2024: €414k
2019 → 2025
Total assets
€816k▼ 4.5%
2024 · €854k
2019: €556k
2020: €698k
2021: €615k
2022: €793k
2023: €826k
2024: €854k
2019 → 2025
Net result
€31k▼ 33.0%
2024 · €46k
2019: €79k
2020: €23k
2021: €26k
2022: €37k
2023: €18k
2024: €46k
2019 → 2025
Working capital
€61k▲ 2.9%
2024 · €59k
2019: €160k
2020: €127k
2021: €177k
2022: €153k
2023: €12k
2024: €59k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€406k-€444k▲ 9.2%€368k▼ 17.0%€414k▲ 12.5%€445k▲ 7.4%
Operating result€43k-€55k▲ 28.3%€27k▼ 50.3%€72k▲ 165%€53k▼ 27.2%
Net result€26k-€37k▲ 45.0%€18k▼ 51.7%€46k▲ 155%€31k▼ 33.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €816k
Fixed assets
€522k▲ 0.8%
Current assets
€294k▼ 12.8%
Equity and liabilities €816k
Equity
€445k▲ 7.4%
Provisions
€5k=
Debt
€365k▼ 16.0%
The debt ratio falls from 50.9% to 44.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83k▼
2024 · €106k
Cash flow
€61k▼
2024 · €80k
Solvency
54.6%▲
2024 · 48.5%
Current ratio
1.26▲
2024 · 1.21
Quick ratio
0.87▲
2024 · 0.82
Debt / equity
0.82▼
2024 · 1.05
ROE
6.9%▼
2024 · 11.1%
ROA
3.8%▼
2024 · 5.4%
Interest coverage
8.21▼
2024 · 12.23
Debt
€365k▼
2024 · €435k
Debt ≤ 1 year
€233k▼
2024 · €278k
Debt > 1 year
€131k▼
2024 · €156k
Income taxes
€12k▼
2024 · €18k
Staff costs
€7k▲
2024 · €7k
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€854k€816k▼
Fixed assets21/28€518k€522k▲
Tangible fixed assets22/27€517k€522k▲
Land and buildings22€502k€482k▼
Plant, machinery and equipment23€16k€8k▼
Furniture and vehicles24-€32k
Financial fixed assets28€135€135=
Current assets29/58€337k€294k▼
Stocks and contracts in progress3€110k€90k▼
Contracts in progress37€110k€90k▼
Amounts receivable within one year40/41€41k€80k▲
Trade receivables40€36k€76k▲
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€184k€120k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€854k€816k▼
Equity10/15€414k€445k▲
Contributions10/11€50k€50k=
Reserves13€364k€395k▲
Distributable reserves133€364k€395k▲
Provisions and deferred taxes16€5k€5k=
Provisions for liabilities and charges160/5€5k€5k=
Other liabilities and charges164/5€5k€5k=
Amounts payable17/49€435k€365k▼
Amounts payable after more than one year17€156k€131k▼
Financial debts170/4€156k€131k▼
Amounts payable within one year42/48€278k€233k▼
Current portion of amounts payable after more than one year42€25k€25k▲
Trade debts44€36k€41k▲
Suppliers440/4€36k€41k▲
Taxes, remuneration and social security45€27k€12k▼
Taxes450/3€26k€11k▼
Remuneration and social security454/9€786€241▼
Other amounts payable47/48€190k€155k▼
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Remuneration, social security and pensions62€7k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€30k▼
Other operating charges640/8€9k€5k▼
Gross operating margin9900€123k€95k▼
Operating profit (loss)9901€72k€53k▼
Financial income75/76B€22€591▲
Recurring financial income75€22€591▲
Financial charges65/66B€9k€10k▲
Recurring financial charges65€9k€10k▲
Profit (loss) for the period before taxes9903€64k€43k▼
Income taxes67/77€18k€12k▼
Profit (loss) for the period9904€46k€31k▼
Profit (loss) for the period to be appropriated9905€46k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€31k▼
Transfer to equity691/2€46k€31k▼
To other reserves6921€46k€31k▼
The notes to these accounts (8 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
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €18k ▼51.7%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Torhout · 1 establishment unit since 2004
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.
Bollestraat 1358820 TorhoutGround area
8,334 m²
Building footprint
180 m²
Volume, LiDAR
1,179 m³
Parcel 31523E0582/00C000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Verlebo
since 20042.135.970.880
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31523E0582/00C000 | Flanders | 8,334 m² | 1 · 180 m² | 9.8 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.
Similar companies · same sector, comparable size
Limburgse Waterdichtingswerken
BE 0440.004.074
Nieuwerkerken (Limb.) · Eq €445k
TONY & COST
BE 0898.417.958
Grez-Doiceau · Eq €445k
COOMAN CONSTRUCT
BE 0668.603.479
Affligem · Eq €445k
SAMBOUW
BE 0448.699.333
Moorslede · Eq €445k
Mac Projectontwikkeling
BE 0892.803.737
Scherpenheuvel-Zichem · Eq €445k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 9,664 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2004
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.