Verschaeve Mechanics

Active

Private limited companyfounded 20196 yrs activeKasteelstraat(STA) 18, 8840 Staden, BelgiumKBO/BCE: BE 0734.610.494

The computed 12-month bankruptcy probability of Verschaeve Mechanics is 1.6% (moderate). The 2025 annual accounts show equity of €22k and a net result of €71k. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 14% of 1289 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

48 / 100

Fair▼ -36 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency6▼-58

Growth58▼-20

Stability100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity short (current ratio 0.42 against 1.03 in 2024), and 91.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 33

Relative position

BE, all sectors

reference

Sector 33

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

8.4%

Return on assets

27.1%

Age of the figures

11 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 1289 sector peers (2025).

NBB · sector comparison

Position among 1289 sector peers

Solvency

better than 14%

← weakest strongest →

A punctual record breaks

This company filed 5 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-05-2026, 5 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 6 filings

Deviation from the deadline

2025

5 d late

2024

5 d early

2023

on the day

2022

27 d early

2021

30 d early

2020

10 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

11-09-2026 today30-09-2026 close30-04-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€22k▼ 76.0%

2024 · €91k

2020: €53k 2021: €64k 2022: €99k 2023: €56k 2024: €91k

2020 → 2025

Total assets

€260k▲ 16.5%

2024 · €223k

2020: €62k 2021: €70k 2022: €116k 2023: €132k 2024: €223k

2020 → 2025

Net result

€71k▲ 1.3%

2024 · €70k

2020: €33k 2021: €10k 2022: €35k 2023: €45k 2024: €70k

2020 → 2025

Working capital

€-139k

2024 · €4k

2020: €28k 2021: €36k 2022: €58k 2023: €15k 2024: €4k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€64k-€99k▲ 55.5%€56k▼ 42.8%€91k▲ 61.6%€22k▼ 76.0%

Operating result€12k-€43k▲ 250%€56k▲ 30.1%€91k▲ 62.5%€91k▼ 0.1%

Net result€10k-€35k▲ 252%€45k▲ 26.8%€70k▲ 56.1%€71k▲ 1.3%

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 0% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €260k

61.9%

38.1%

Fixed assets €161k▲ 85.1%

Current assets €99k▼ 27.2%

Equity and liabilities €260k

91.6%

Equity €22k▼ 76.0%

Debt €238k▲ 80.4%

The debt ratio rises from 59.2% to 91.6%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€119k▲

2024 · €112k

Cash flow

€98k▲

2024 · €90k

Solvency

8.4%▼

2024 · 40.8%

Current ratio

0.42▼

2024 · 1.03

Quick ratio

0.36▼

2024 · 0.95

Debt / equity

10.91▲

2024 · 1.45

ROE

323.1%▲

2024 · 76.5%

ROA

27.1%▼

2024 · 31.2%

Interest coverage

941.94▲

2024 · 761.17

Debt

€238k▲

2024 · €132k

Debt ≤ 1 year

€238k▲

2024 · €132k

Income taxes

€21k▼

2024 · €22k

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€223k€260k▲

Fixed assets21/28€87k€161k▲

Tangible fixed assets22/27€87k€161k▲

Land and buildings22€4k€5k▲

Plant, machinery and equipment23€13k€19k▲

Furniture and vehicles24€70k€137k▲

Financial fixed assets28€172€172=

Current assets29/58€136k€99k▼

Stocks and contracts in progress3€12k€14k▲

Stocks30/36€10k€13k▲

Contracts in progress37€2k€1k▼

Amounts receivable within one year40/41€59k€69k▲

Trade receivables40€59k€68k▲

Other amounts receivable41€179€2k▲

Cash at bank and in hand54/58€64k€14k▼

Deferred charges and accrued income490/1€2k€2k▲

Equity and liabilities

Total equity and liabilities10/49€223k€260k▲

Equity10/15€91k€22k▼

Contributions10/11€20k€20k=

Reserves13€71k€2k▼

Distributable reserves133€71k€2k▼

Profit (loss) carried forward14€0€0=

Amounts payable17/49€132k€238k▲

Amounts payable within one year42/48€132k€238k▲

Trade debts44€42k€34k▼

Suppliers440/4€42k€34k▼

Taxes, remuneration and social security45€12k€7k▼

Taxes450/3€12k€7k▼

Other amounts payable47/48€78k€197k▲

Accrued charges and deferred income492/3€206€24▼

Income statement Code20242025

Non-recurring operating income76A€18k€2k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€27k▲

Other operating charges640/8€2k€3k▲

Gross operating margin9900€114k€122k▲

Operating profit (loss)9901€91k€91k▼

Financial income75/76B€87€8▼

Recurring financial income75€87€8▼

Financial charges65/66B€147€126▼

Recurring financial charges65€147€126▼

Profit (loss) for the period before taxes9903€91k€91k▼

Income taxes67/77€22k€21k▼

Profit (loss) for the period9904€70k€71k▲

Profit (loss) for the period to be appropriated9905€70k€71k▲

Appropriation of the result

Profit (loss) to be appropriated9906€70k€71k▲

Transfer from equity791/2€0€70k▲

Transfer to equity691/2€35k€635▼

To other reserves6921€35k€635▼

Profit to be distributed694/7€35k€140k▲

Return on contributions (dividend)694€35k€140k▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 2Filings 6

Next filing, fiscal year 2026, expected by 30-04-2027

2026

05-05

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 5 days late

2025

30-09

Financial Highest result since 2020net €71k ▲1.3%

Net result €71k, the highest in the series.

25-04

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-04

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

03-04

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-03

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

30-09

Financial Weakest financial yearnet €10k ▼70.1%

Net result drops to €10k, the lowest in the series; recovery starts the following year.

20-04

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

1 act for this company is 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, Staden

exact location from the address register On OpenStreetMap

Ground area

1,933 m²

Building footprint

190 m²

Volume, LiDAR

1,067 m³

Parcel 36019B1548/00E000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
36019B1548/00E000	Flanders	1,933 m²	1 · 190 m²	7.7 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

Of 3,703 companies in sector 33120 we hold annual accounts for 1,334. 873 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded18-09-2019

Fiscal year end30-09

Activities, NACEBEL

33120Repair and maintenance of machinery

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.