Bankrupt · Opening faillissement (CBE)

VERALCO

BE0455955131

Rechtspersoon Public limited company 1 establishment

VERALCO is a structural metal fabricator in Kortrijk. Public Limited, started on 18 September 1995, 1 establishment.

Kortrijksestraat(Heu) 315B, 8501 Kortrijk

Start date

18 September 1995

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Shrinking team NBB

    FTE fell two years in a row, from 7.5 to 5.1.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

VERALCO from Kortrijk, company number BE0455955131, closed financial year 2024 with a result of € 78,432 after tax. For that financial year VERALCO recorded a gross margin of € 450,652 and equity of € 389,038. Compared with financial year 2023, the result moved from € -137,256 to € 78,432. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2025.

What it is worth Growing

€ 389,038

▲ 25% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 78,432

▲ still € 137,256 loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 263,084

▼ 16% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 239,038.

People and assets in 2024

Full-time equivalents

5.1

▼ 1.2 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 348,663

▼ 10% vs 2023

€ 68,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 18,447

▼ 52% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 234,707

▼ 44% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 20,547

▼ 42% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 524,175 € 477,956 € 291,668 € 450,652 ▲ 55%
Profit after taxes € -149 € 1,265 € -137,256 € 78,432 ▲ € 215,688
Equity € 446,597 € 447,862 € 310,606 € 389,038 ▲ 25%
Total debts € 464,728 € 467,878 € 453,685 € 255,254 ▼ 44%
Cash € 329,168 € 349,208 € 311,408 € 263,084 ▼ 16%
Land & buildings € 9,842 € 8,857 € 7,972 € 7,174 ▼ 10%
Retained profit € 296,597 € 297,862 € 160,606 € 239,038 ▲ 49%
Bank debt € 2,722 € 0 € 0 € 0
Balance sheet total € 911,326 € 915,740 € 764,291 € 644,292 ▼ 16%
Employees (FTE) 8.9 7.5 6.3 5.1 ▼ 1.2

Key figures of VERALCO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to VERALCO?

What happened at VERALCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

VERALCO is active according to the CBE. Legal situation: Opening faillissement.

  • Sabien Verkinderen stepped down as director. NBB
  • Ann Verkinderen stepped down as director. NBB
  • Roger Verkinderen stepped down as director. NBB
  • New annual accounts for financial year 2024: profit of € 78,432. filed late Source: NBB ↗
  • Sabien Verkinderen became a director. NBB
  • Ann Verkinderen became a director. NBB
  • Roger Verkinderen became a director. NBB
  • New establishment in Kortrijk. KBO

In short

From € 149 loss in 2021 to € 78,432 profit in 2024.

Paid € 14,844 in corporate taxes since 2021.

Best year ever: 2024, with € 78,432 profit.

On average € 88,400 of value added per employee in 2024.

Management

Directors

According to the 2024 annual accounts

Sabien Verkinderen

Director

Also active at: VERNOVA, SAVERAN

since 2024 · until 2029

Ann Verkinderen

Director

since 2024 · until 2029

Roger Verkinderen

Managing director

Also active at: VERNOVA, SAVERAN

since 2024 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijksestraat(Heu) 315B

8501 Kortrijk

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0455.955.131
VAT number
BE 0455.955.131
Registered office
Kortrijksestraat(Heu) 315B, 8501 Kortrijk
Names & denominations
VERALCO
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
18 September 1995
Peppol
Active · Active since 24 Jan 2025
Activities · NACE

Vervaardiging van metalen constructiewerken en delen daarvan

Vervaardiging van metalen constructiewerken en onderdelen daarvan

Frequently asked questions

What does VERALCO do?
VERALCO is a structural metal fabricator in Kortrijk. Public Limited, started on 18 September 1995, 1 establishment.
What is the address of VERALCO?
The registered office of VERALCO is located at Kortrijksestraat(Heu) 315B, 8501 Kortrijk.
Is VERALCO still active?
No. The CBE lists VERALCO with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is VERALCO registered on Peppol?
Yes, VERALCO is registered on the Peppol network with ID 0208:0455955131.
What is the enterprise number of VERALCO?
The enterprise number of VERALCO is BE0455955131.
When was VERALCO founded?
VERALCO was founded on 18 September 1995.