VERTOMMEN TECHNOLOGY CONSTRUCTIONS
ActiveVERTOMMEN TECHNOLOGY CONSTRUCTIONS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €390k and a net result of €-35k. Equity is shrinking by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability30▲+12
Solvency59▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.84 in 2023; short-term debt: 29.6% and cash: 0.5% of total assets), and 65.8% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
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 2024Solvency, return and age of the figures
Solvency
34.2%
Return on assets
-3%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-35k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 10 filingsDeviation from the deadline
2024
31 d late
2023
62 d late
2022
236 d late
2021
601 d late
2020
23 d late
2019
123 d early
2018
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€390k▼ 8.1%
2023 · €425k
2018: €471k
2019: €460k
2020: €471k
2021: €480k
2022: €459k
2023: €425k
2018 → 2024
Total assets
€1.14M▼ 12.7%
2023 · €1.31M
2018: €610k
2019: €1.18M
2020: €1.29M
2021: €1.26M
2022: €1.35M
2023: €1.31M
2018 → 2024
Net result
€-35k▼ 2.0%
2023 · €-34k
2018: €16k
2019: €-12k
2020: €12k
2021: €-10k
2022: €-21k
2023: €-34k
2018 → 2024
Working capital
€-48k▲ 35.8%
2023 · €-74k
2018: €254k
2019: €219k
2020: €125k
2021: €111k
2022: €-44k
2023: €-74k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€471k-€480k▲ 1.8%€459k▼ 4.4%€425k▼ 7.4%€390k▼ 8.1%
Operating result€-6k-€-966▲ 83.7%€-13k▼ 1,241%€-25k▼ 96.7%€-35k▼ 37.9%
Net result€12k-€-10k€-21k▼ 121%€-34k▼ 59.9%€-35k▼ 2.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €35k in 2024 against €25k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.14M
Fixed assets
€851k▼ 6.8%
Current assets
€291k▼ 26.4%
Equity and liabilities €1.14M
Equity
€390k▼ 8.1%
Provisions
€16k▼ 3.4%
Debt
€736k▼ 15.1%
The debt ratio falls from 66.3% to 64.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▼
2023 · €3k
Cash flow
€-1k▲
2023 · €-6k
Solvency
34.2%▲
2023 · 32.5%
Current ratio
0.86▲
2023 · 0.84
Quick ratio
0.86▲
2023 · 0.84
Debt / equity
1.89▼
2023 · 2.04
ROE
-8.9%▼
2023 · -8.0%
ROA
-3.0%▼
2023 · -2.6%
Debt
€736k▼
2023 · €867k
Debt ≤ 1 year
€339k▼
2023 · €470k
Debt > 1 year
€398k=
2023 · €398k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.31M€1.14M▼
Fixed assets21/28€913k€851k▼
Tangible fixed assets22/27€913k€851k▼
Land and buildings22€913k€851k▼
Current assets29/58€395k€291k▼
Amounts receivable within one year40/41€390k€286k▼
Trade receivables40€0€3k▲
Other amounts receivable41€390k€283k▼
Cash at bank and in hand54/58€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.31M€1.14M▼
Equity10/15€425k€390k▼
Contributions10/11€50k€50k=
Reserves13€327k€326k▼
Non-distributable reserves130/1€5k€5k=
Other1319€5k€5k=
Tax-exempt reserves132€39k€37k▼
Distributable reserves133€284k€284k=
Profit (loss) carried forward14€47k€14k▼
Provisions and deferred taxes16€16k€16k▼
Deferred taxes168€16k€16k▼
Amounts payable17/49€867k€736k▼
Amounts payable after more than one year17€398k€398k=
Financial debts170/4€398k€398k=
Amounts payable within one year42/48€470k€339k▼
Current portion of amounts payable after more than one year42€35k€6k▼
Financial debts43€11k-
Credit institutions430/8€11k-
Trade debts44€145k€6k▼
Suppliers440/4€145k€6k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€280k€325k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€34k▲
Other operating charges640/8€434€1k▲
Non-recurring operating charges66A€14k-
Gross operating margin9900€17k€-245▼
Operating profit (loss)9901€-25k€-35k▼
Financial charges65/66B€9k-
Recurring financial charges65€9k-
Profit (loss) for the period before taxes9903€-34k€-35k▼
Transfer from deferred taxes780€552€552=
Profit (loss) for the period9904€-34k€-35k▼
Transfer from tax-exempt reserves789€1k€1k=
Profit (loss) for the period to be appropriated9905€-33k€-33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€14k▼
Profit (loss) brought forward from the previous period14P€80k€47k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
21-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 236 days late
21-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 601 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
30-11
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
03-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Schaarbeek · 1 establishment unit since 1989
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.
Kwatrechtstraat 401030 SchaarbeekGround area
1,315 m²
Building footprint
1,080 m²
Volume, LiDAR
20,888 m³
Parcel 21908E0022/00F007, Brussels · tallest building 44.6 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
V.T.C.
since 19892.041.762.403
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21908E0022/00F007 | Brussels | 1,315 m² | 1 · 1,080 m² | 44.6 m · 8 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
HAYA INVEST
BE 0501.762.390
Ninove · Eq €390k
MULTI GRAND
BE 0739.852.355
Hasselt · Eq €390k
Entrepot Immo
BE 0767.812.903
Antwerpen · Eq €391k
STONES@WORK INVESTMENTS
BE 0889.822.966
Antwerpen · Eq €391k
DE WEERIJS
BE 0442.342.467
Brecht · Eq €389k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,788 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-1988
Fiscal year end31-12
Abbreviation NL
V.T.C.
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.