VERTALON is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €78k and a net result of €6k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 7980 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
29 d early
2022
25 d early
2021
26 d early
2020
36 d early
2019
32 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€78k▲ 8.7%
2024 · €72k
2018: €31k
2019: €39k
2020: €48k
2021: €58k
2022: €64k
2023: €55k
2024: €72k
2018 → 2025
Net result
€6k▼ 64.4%
2024 · €18k
2018: €2k
2019: €8k
2020: €9k
2021: €10k
2022: €6k
2023: €-10k
2024: €18k
2018 → 2025
Total assets
€210k▲ 11.3%
2024 · €189k
2018: €192k
2019: €180k
2020: €185k
2021: €188k
2022: €175k
2023: €167k
2024: €189k
2018 → 2025
Solvency
37.3%▼ 0.9pp
2024 · 38.2%
2018: 16.2%
2019: 21.9%
2020: 25.9%
2021: 30.8%
2022: 36.6%
2023: 32.8%
2024: 38.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€64k▲ 11.0%€55k▼ 15.0%€72k▲ 32.2%€78k▲ 8.7%
Operating result€19k-€17k▼ 10.5%€-5k€26k€12k▼ 53.9%
Net result€10k-€6k▼ 36.0%€-10k€18k€6k▼ 64.4%
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 54% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €210k
Fixed assets
€143k▼ 2.9%
Current assets
€67k▲ 61.7%
Equity and liabilities €210k
Equity
€78k▲ 8.7%
Debt
€132k▲ 12.9%
The debt ratio rises from 61.8% to 62.7%. Equity and debt are higher.
Key figures and ratios
Solvency
37.3%▼
2024 · 38.2%
ROE
8.0%▼
2024 · 24.3%
ROA
3.0%▼
2024 · 9.3%
Debt
€132k▲
2024 · €117k
Debt ≤ 1 year
€90k▲
2024 · €64k
Debt > 1 year
€42k▼
2024 · €53k
Income taxes
€3k▼
2024 · €5k
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€189k€210k▲
Fixed assets21/28€147k€143k▼
Tangible fixed assets22/27€147k€143k▼
Land and buildings22€147k€143k▼
Current assets29/58€42k€67k▲
Amounts receivable within one year40/41€41k€66k▲
Trade receivables40€3k€2k▼
Other amounts receivable41€38k€65k▲
Cash at bank and in hand54/58€33€549▲
Deferred charges and accrued income490/1€469€342▼
Equity and liabilities
Total equity and liabilities10/49€189k€210k▲
Equity10/15€72k€78k▲
Contributions10/11€17k€17k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€53k€60k▲
Amounts payable17/49€117k€132k▲
Amounts payable after more than one year17€53k€42k▼
Financial debts170/4€53k€42k▼
Amounts payable within one year42/48€64k€90k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Financial debts43-€2k
Other loans439-€2k
Trade debts44€1k€17k▲
Suppliers440/4€1k€17k▲
Taxes, remuneration and social security45€13k€8k▼
Taxes450/3€13k€8k▼
Other amounts payable47/48€39k€52k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€3k€2k▼
Gross operating margin9900€33k€18k▼
Operating profit (loss)9901€26k€12k▼
Financial income75/76B-€32
Recurring financial income75-€32
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€23k€9k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€18k€6k▼
Profit (loss) for the period to be appropriated9905€18k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€60k▲
Profit (loss) brought forward from the previous period14P€36k€53k▲
The notes to these accounts (7 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-10k ▼252%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wielsbeke · 1 establishment unit since 2006
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.
Wakkensteenweg(S.B.V.) 1528710 WielsbekeGround area
1,705 m²
Building footprint
372 m²
Volume, LiDAR
1,861 m³
2 parcels, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERTALON
since 20062.157.873.579
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37014B0410/00V000 | Flanders | 1,042 m² | 1 · 171 m² | 6.3 m · 2 fl. |
| 37302E0525/00T000 | Flanders | 663 m² | 1 · 201 m² | 7.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
HIGHPERION
BE 0543.553.950
La Hulpe · Eq €78k
Y-magic
BE 0838.875.695
Zonhoven · Eq €78k
TERTIUM
BE 0466.117.266
Ukkel · Eq €78k
ERVICO
BE 0478.928.293
Sint-Lambrechts-Woluwe · Eq €78k
SCILL
BE 0651.587.206
Lennik · Eq €78k
Of 24,726 companies in sector 64210 we hold annual accounts for 19,748. 11,690 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-12-2006
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70100Activities of head offices
74151
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.