VersaSense
ActiveSummary
VersaSense has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-429k) and a net result of €21k. Equity is shrinking by ~44.9% per year across the filed fiscal years. Its solvency ranks better than 8% of 480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+22
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 4.52 against 3.94 in 2024; short-term debt: 16.7% and cash: 28.8% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-56.5%
Return on assets
2.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 480 sector peers (2025).
NBB · sector comparisonPosition among 480 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 9 filingsDeviation from the deadline
2025
27 d late
2024
on the day
2023
28 d late
2022
13 d early
2021
31 d late
2020
9 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-429k▲ 4.7%
2024 · €-450k
2018: €628k
2019: €421k
2020: €153k
2021: €84k
2022: €-48k
2023: €-302k
2024: €-450k
2018 → 2025
Total assets
€759k▲ 13.4%
2024 · €669k
2018: €720k
2019: €528k
2020: €670k
2021: €1.05M
2022: €1.01M
2023: €801k
2024: €669k
2018 → 2025
Net result
€21k
2024 · €-148k
2018: €-226k
2019: €-294k
2020: €-268k
2021: €-98k
2022: €-133k
2023: €-254k
2024: €-148k
2018 → 2025
Working capital
€447k▲ 32.2%
2024 · €338k
2018: €523k
2019: €270k
2020: €295k
2021: €547k
2022: €503k
2023: €285k
2024: €338k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€84k-€-48k€-302k▼ 526%€-450k▼ 49.0%€-429k▲ 4.7%
Operating result€-82k-€-105k▼ 27.7%€-224k▼ 113%€-117k▲ 47.7%€53k
Net result€-98k-€-133k▼ 35.3%€-254k▼ 91.5%€-148k▲ 41.7%€21k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €53k after a loss of €117k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €757k
Fixed assets
€183k ▼ 13.6%
Current assets
€573k ▲ 26.6%
Key figures and ratios
EBITDA
€303k▲
2024 · €202k
Cash flow
€271k▲
2024 · €171k
Solvency
-56.5%▲
2024 · -67.3%
Current ratio
4.52▲
2024 · 3.94
Quick ratio
3.50▲
2024 · 2.77
Debt to equity
-2.77▼
2024 · -2.49
ROA
2.8%▲
2024 · -22.1%
Interest coverage
9.51▲
2024 · 6.56
Debt
€1.19M▲
2024 · €1.12M
Debt ≤ 1 year
€127k▲
2024 · €115k
Debt > 1 year
€795k▲
2024 · €765k
Staff costs
€198k▲
2024 · €195k
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€669k€759k▲
Formation expenses20€4k€2k▼
Fixed assets21/28€212k€183k▼
Intangible fixed assets21€199k€171k▼
Tangible fixed assets22/27€11k€10k▼
Plant, machinery and equipment23-€8k
Furniture and vehicles24€11k€2k▼
Financial fixed assets28€2k€2k=
Current assets29/58€453k€573k▲
Stocks and contracts in progress3€135k€130k▼
Stocks30/36€135k€130k▼
Amounts receivable within one year40/41€164k€223k▲
Trade receivables40€164k€223k▲
Other amounts receivable41€0€81▲
Cash at bank and in hand54/58€144k€219k▲
Deferred charges and accrued income490/1€10k€1k▼
Equity and liabilities
Total equity and liabilities10/49€669k€759k▲
Equity10/15€-450k€-429k▲
Contributions10/11€1.12M€1.12M=
Capital10€1.12M€1.12M=
Issued capital100€1.12M€1.12M=
Profit (loss) carried forward14€-1.57M€-1.55M▲
Amounts payable17/49€1.12M€1.19M▲
Amounts payable after more than one year17€765k€795k▲
Financial debts170/4€765k€795k▲
Amounts payable within one year42/48€115k€127k▲
Trade debts44€84k€67k▼
Suppliers440/4€84k€67k▼
Taxes, remuneration and social security45€31k€60k▲
Taxes450/3€14k€29k▲
Remuneration and social security454/9€17k€31k▲
Accrued charges and deferred income492/3€239k€265k▲
Income statement
Code20242025
Remuneration, social security and pensions62€195k€198k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€319k€250k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€27k-
Other operating charges640/8€968€400▼
Gross operating margin9900€425k€501k▲
Operating profit (loss)9901€-117k€53k▲
Financial income75/76B€4€1▼
Recurring financial income75€4€1▼
Financial charges65/66B€31k€32k▲
Recurring financial charges65€31k€32k▲
Profit (loss) for the period before taxes9903€-148k€21k▲
Profit (loss) for the period9904€-148k€21k▲
Profit (loss) for the period to be appropriated9905€-148k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.57M€-1.55M▲
Profit (loss) brought forward from the previous period14P€-1.42M€-1.57M▼
The notes to these accounts (10 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Back to profitnet €21k
Net result €21k after 7 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-294k
Net result drops to €-294k, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Leuven · 1 establishment unit since 2016
Ground area
8,837 m²
Building footprint
2,096 m²
Volume, LiDAR
12,516 m³
Parcel 24040C0005/00F000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
47
companies at this address
See who is registered here
1 establishment unit
Versasense
since 20162.253.003.657
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24040C0005/00F000 | Flanders | 8,837 m² | 1 · 2,096 m² | 8.1 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
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Sensify Technologies
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ISISMART
BE 0665.745.444
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SOLISYS
BE 0886.218.130
Courcelles · Eq €84,848
Of 2,725 companies in sector 63100 we hold annual accounts for 1,271. 983 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
74999Other professional, scientific and technical activities
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.