VERT BIS
ActiveSummary
VERT BIS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €151k and a net result of €20k. Equity is growing by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 50% of 175 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+6
Solvency59=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 0.8 in 2024; short-term debt: 29.1% and cash: 18.3% of total assets), and 66% of the assets are financed with debt.
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 · 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
34%
Return on assets
4.6%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Waste collection, recovery and disposal activities (NACE 38)
about 10% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
on the day
2023
5 d late
2022
1 d early
2021
3 d early
2020
19 d late
2019
34 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 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 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€151k▲ 15.5%
2024 · €130k
2019: €45klowest in 7 years
2020: €53k▲ +18.9% vs 2019
2021: €55k▲ +3.8% vs 2020
2022: €78k▲ +40.9% vs 2021
2023: €133k▲ +72.0% vs 2022
2024: €130k▼ -2.4% vs 2023
2025: €151k▲ +15.5% vs 2024highest in 7 years
2019 → 2025
Total assets
€442k▲ 14.7%
2024 · €386k
2019: €400k
2020: €359k▼ -10.2% vs 2019lowest in 7 years
2021: €413k▲ +15.0% vs 2020
2022: €417k▲ +1.1% vs 2021
2023: €445k▲ +6.5% vs 2022highest in 7 years
2024: €386k▼ -13.3% vs 2023
2025: €442k▲ +14.7% vs 2024
2019 → 2025
Net result
€20k
2024 · €-3k
2019: €-8klowest in 7 years
2020: €10k▲ +221% vs 2019
2021: €3k▼ -66.6% vs 2020
2022: €23k▲ +601% vs 2021
2023: €56k▲ +148% vs 2022highest in 7 years
2024: €-3k▼ -106% vs 2023
2025: €20k▲ +734% vs 2024
2019 → 2025
Working capital
€12k
2024 · €-28k
2019: €-25k
2020: €-29k▼ -17.8% vs 2019
2021: €-30k▼ -2.9% vs 2020
2022: €-36k▼ -18.4% vs 2021lowest in 7 years
2023: €-30k▲ +16.9% vs 2022
2024: €-28k▲ +6.7% vs 2023
2025: €12k▲ +144% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€78k▲ 40.9%€133k▲ 72.0%€130k▼ 2.4%€151k▲ 15.5%
2021: €55klowest in 5 years
2022: €78k▲ +40.9% vs 2021
2023: €133k▲ +72.0% vs 2022
2024: €130k▼ -2.4% vs 2023
2025: €151k▲ +15.5% vs 2024highest in 5 years
Operating result€11k-€29k▲ 164%€70k▲ 138%€4k▼ 93.5%€31k▲ 596%
2021: €11k
2022: €29k▲ +164% vs 2021
2023: €70k▲ +138% vs 2022highest in 5 years
2024: €4k▼ -93.5% vs 2023lowest in 5 years
2025: €31k▲ +596% vs 2024
Net result€3k-€23k▲ 601%€56k▲ 148%€-3k€20k
2021: €3k
2022: €23k▲ +601% vs 2021
2023: €56k▲ +148% vs 2022highest in 5 years
2024: €-3k▼ -106% vs 2023lowest in 5 years
2025: €20k▲ +734% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 596% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €442k
Fixed assets
€301k ▲ 10.3%
Current assets
€141k ▲ 25.3%
Equity and liabilities €442k
Equity
€151k ▲ 15.5%
Debt
€292k ▲ 14.3%
Debt's share of the balance-sheet total falls from 66.2% to 66.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€118k▲
2024 · €97k
Cash flow
€107k▲
2024 · €89k
Current ratio
1.09▲
2024 · 0.80
Quick ratio
1.08▲
2024 · 0.76
Debt to equity
1.94▼
2024 · 1.96
ROE
13.4%▲
2024 · -2.4%
ROA
4.6%▲
2024 · -0.8%
Interest coverage
15.06▲
2024 · 10.93
Debt ≤ 1 year
€129k▼
2024 · €140k
Debt > 1 year
€143k▲
2024 · €100k
Income taxes
€3k▲
2024 · €-1k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€386k€442k▲
Fixed assets21/28€273k€301k▲
Tangible fixed assets22/27€273k€301k▲
Land and buildings22€102k€87k▼
Plant, machinery and equipment23€171k€215k▲
Financial fixed assets28-€39
Current assets29/58€113k€141k▲
Stocks and contracts in progress3€6k€2k▼
Stocks30/36€6k€2k▼
Amounts receivable within one year40/41€85k€58k▼
Trade receivables40€77k€57k▼
Other amounts receivable41€8k€284▼
Current investments50/53-€2
Cash at bank and in hand54/58€19k€81k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€386k€442k▲
Equity10/15€130k€151k▲
Contributions10/11€19k€19k=
Reserves13€2k€12k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132-€10k
Profit (loss) carried forward14€110k€120k▲
Amounts payable17/49€255k€292k▲
Amounts payable after more than one year17€100k€143k▲
Financial debts170/4€75k€118k▲
Other amounts payable178/9€25k€25k=
Amounts payable within one year42/48€140k€129k▼
Current portion of amounts payable after more than one year42€84k€58k▼
Trade debts44€35k€45k▲
Suppliers440/4€35k€45k▲
Taxes, remuneration and social security45€6k€15k▲
Taxes450/3€6k€15k▲
Other amounts payable47/48€16k€11k▼
Accrued charges and deferred income492/3€15k€20k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€87k▼
Other operating charges640/8€6k€5k▼
Gross operating margin9900€102k€123k▲
Operating profit (loss)9901€4k€31k▲
Financial income75/76B€5€2▼
Recurring financial income75€5€2▼
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€-4k€23k▲
Income taxes67/77€-1k€3k▲
Profit (loss) for the period9904€-3k€20k▲
Profit (loss) for the period to be appropriated9905€-3k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€110k€130k▲
Profit (loss) brought forward from the previous period14P€113k€110k▼
Transfer to equity691/2-€10k
To other reserves6921-€10k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €413 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €67k | €76k | €85k | €92k | €87k | ▼ 5.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €273 | - | - | - | - |
| Other operating charges640/8 | - | €4k | €4k | €6k | €5k | ▼ 18.1% |
| Gross operating margin9900 | €81k | €109k | €159k | €102k | €123k | ▲ 20.1% |
| Operating profit (loss)9901 | €11k | €29k | €70k | €4k | €31k | ▲ 596% |
| Financial income75/76B | - | - | - | €5 | €2 | ▼ 68.0% |
| Recurring financial income75 | €1 | - | - | €5 | €2 | ▼ 68.0% |
| Financial charges65/66B | - | €7k | €8k | €9k | €8k | ▼ 11.2% |
| Recurring financial charges65 | €8k | €7k | €8k | €9k | €8k | ▼ 11.2% |
| Profit (loss) for the period before taxes9903 | €3k | €23k | €62k | €-4k | €23k | ▲ 639% |
| Income taxes67/77 | - | - | €6k | €-1k | €3k | ▲ 375% |
| Profit (loss) for the period9904 | €3k | €23k | €56k | €-3k | €20k | ▲ 734% |
| Profit (loss) for the period to be appropriated9905 | €3k | €23k | €56k | €-3k | €20k | ▲ 734% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €413k | €417k | €445k | €386k | €442k | ▲ 14.7% |
| Fixed assets21/28 | €339k | €335k | €352k | €273k | €301k | ▲ 10.3% |
| Tangible fixed assets22/27 | €339k | €335k | €352k | €273k | €301k | ▲ 10.3% |
| Land and buildings22 | - | €129k | €115k | €102k | €87k | ▼ 15.0% |
| Plant, machinery and equipment23 | - | €206k | €237k | €171k | €215k | ▲ 25.3% |
| Financial fixed assets28 | - | - | - | - | €39 | - |
| Current assets29/58 | €74k | €82k | €93k | €113k | €141k | ▲ 25.3% |
| Stocks and contracts in progress3 | €3k | €7k | €8k | €6k | €2k | ▼ 63.7% |
| Stocks30/36 | - | €7k | €8k | €6k | €2k | ▼ 63.7% |
| Amounts receivable within one year40/41 | €47k | €50k | €55k | €85k | €58k | ▼ 32.0% |
| Trade receivables40 | - | €50k | €50k | €77k | €57k | ▼ 25.3% |
| Other amounts receivable41 | - | €290 | €4k | €8k | €284 | ▼ 96.5% |
| Current investments50/53 | - | - | - | - | €2 | - |
| Cash at bank and in hand54/58 | €21k | €19k | €29k | €19k | €81k | ▲ 329% |
| Deferred charges and accrued income490/1 | - | €5k | €854 | €2k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €413k | €417k | €445k | €386k | €442k | ▲ 14.7% |
| Equity10/15 | €55k | €78k | €133k | €130k | €151k | ▲ 15.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €12k | ▲ 538% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | - | - | - | €10k | - |
| Profit (loss) carried forward14 | €35k | €57k | €113k | €110k | €120k | ▲ 9.3% |
| Amounts payable17/49 | €358k | €340k | €311k | €255k | €292k | ▲ 14.3% |
| Amounts payable after more than one year17 | €250k | €214k | €184k | €100k | €143k | ▲ 43.6% |
| Financial debts170/4 | - | €179k | €159k | €75k | €118k | ▲ 58.1% |
| Other amounts payable178/9 | - | €35k | €25k | €25k | €25k | = |
| Amounts payable within one year42/48 | €104k | €118k | €122k | €140k | €129k | ▼ 8.1% |
| Current portion of amounts payable after more than one year42 | - | €87k | €98k | €84k | €58k | ▼ 30.3% |
| Trade debts44 | €13k | €11k | €2k | €35k | €45k | ▲ 29.0% |
| Suppliers440/4 | - | €11k | €2k | €35k | €45k | ▲ 29.0% |
| Taxes, remuneration and social security45 | - | €3k | €6k | €6k | €15k | ▲ 165% |
| Taxes450/3 | - | €3k | €6k | €6k | €15k | ▲ 165% |
| Other amounts payable47/48 | - | €17k | €17k | €16k | €11k | ▼ 31.3% |
| Accrued charges and deferred income492/3 | - | €8k | €5k | €15k | €20k | ▲ 27.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €23k | €56k | €-3k | €20k | ▲ 734% |
| + Depreciation and write-downs630 | €67k | €76k | €85k | €92k | €87k | ▼ 5.6% |
| Operating cash flow (approximation) | €71k | €98k | €141k | €89k | €107k | ▲ 20.6% |
| Investment in fixed assets (approximation) | - | €-72k | €-102k | €-13k | €-115k | ▼ 769% |
| Change in cash | - | €-2k | €10k | €-10k | €62k | ▲ 703% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
30-06
Financial
Equity above €150kEq €151k ▲15.5%
Equity rises from €130k to €151k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
30-06
Financial
Highest result since 2019net €56k ▲148%
Operating result €70k, net result €56k, both a record.
30-06
Financial
Equity above €100kEq €133k ▲72%
4 profitable years in a row build equity to €133k.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
30-06
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
2019
28-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Quévy · 1 establishment unit since 2005
Ground area
7,711 m²
Building footprint
147 m²
Volume, LiDAR
1,879 m³
2 parcels, Wallonia · tallest building 18.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Vert Bis
since 20052.142.520.756
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53028A0286/00E002 | Wallonia | 4,601 m² | - | - |
| 53013B0248/00L000 | Wallonia | 3,110 m² | 1 · 147 m² | 18.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteFrameries2.142.520.756
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Of 279 companies in sector 38330 we hold annual accounts for 240. 128 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded31-03-2004
Fiscal year end30-06
Activities, NACEBEL 2025
38330Waste collection, recovery and disposal activities
Scores and ratios are computed by Checked and are not a credit decision.