Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
VERGECO from Putte, company number BE0699672876, closed financial year 2024 with a result of € -13,750 after tax. For that financial year VERGECO recorded a gross margin of € -8,643 and equity of € 164,681. Compared with financial year 2023, the result moved from € -13,417 to € -13,750. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 18, 2025.
€ 164,681
▼ 8% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,750
▼ 2 % more loss than in 2023
Profit after tax over the fiscal year.
€ 136
▼ 89% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -85,319.
Debts at end 2024
€ 500,000
Loans from banks and other lenders, long and short.
€ 10,160
▲ 117% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -8,208 | € -6,830 | € -9,648 | € -8,643 | ▲ € 1,006 |
| Profit after taxes | € -10,363 | € -9,185 | € -13,417 | € -13,750 | ▼ € 333 |
| Equity | € 201,033 | € 191,848 | € 178,431 | € 164,681 | ▼ 8% |
| Total debts | € 1,036,336 | € 1,066,155 | € 1,199,931 | € 1,242,275 | ▲ 4% |
| Cash | € 703 | € 419 | € 1,274 | € 136 | ▼ 89% |
| Retained profit | € -48,967 | € -58,152 | € -71,569 | € -85,319 | ▼ € 13,750 |
| Bank debt | € 810,000 | € 810,000 | € 500,000 | € 500,000 | |
| Balance sheet total | € 1,237,369 | € 1,258,003 | € 1,378,362 | € 1,406,956 | ▲ 2% |
Key figures of VERGECO, 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 VERGECO?
What happened at VERGECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- QUATOR CORONATI GEENS BV stepped down as director. NBB
- VERBOCON BV stepped down as director. NBB
- RC CONSTRUCT BV stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 13,750. filed late Source: NBB ↗
- QUATOR CORONATI GEENS BV became a director. NBB
- VERBOCON BV became a director. NBB
- RC CONSTRUCT BV became a director. NBB
- New establishment in Putte. KBO
In short
From € 10,363 loss in 2021 to € 13,750 loss in 2024.
Management
The stake of VERELST-RNA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VERGECOThe shares are held by VERELST ONTWIKKELINGSGROEP NV (100%) and VERELST-RNA.
Directors
According to the 2024 annual accounts
Chairman of the board · represented by Kurt GEENS
Also active at: VERELST - DNA, Verelst International, VERELST ONTWIKKELINGSGROEP, CHALAIN, VERELST-RNA, PEIROUN, ZOLAR
since 2023 · until 2029
Managing director · represented by Johan VERTONGEN
Also active at: WONINGBOUW VERELST, GROEP VERELST, VERELST - DNA, Verelst International, VERELST ONTWIKKELINGSGROEP, CHALAIN, VERELST-RNA, PEIROUN +3 more
since 2023 · until 2029
Managing director · represented by Roel COENEN
Also active at: BEDRIJFSBOUW EN PROJECTBOUW VERELST, STAALBOUW VERELST, BETONBOUW VERELST, VERELST - DNA, Verelst International, VERELST ONTWIKKELINGSGROEP, CHALAIN, VERELST-RNA +4 more
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Klein Boom 15
2580 Putte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →BEDRIJFSBOUW EN PROJECTBOUW VERELST same network
€ 100.5 million revenue · 2024
WONINGBOUW VERELST same network
€ 36.3 million revenue · 2024
STAALBOUW VERELST same network
€ 17.8 million revenue · 2024
BETONBOUW VERELST same network
€ 898,797 gross margin · 2024
GROEP VERELST same network
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0699.672.876
- VAT number
- BE 0699.672.876
- Registered office
- Klein Boom 15, 2580 Putte
- Names & denominations
- VERGECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2018
- Peppol
- Active · Active since 27 Nov 2024