Bankrupt · Opening faillissement (CBE)

VERITY

BE0825894424

Rechtspersoon Private limited company 1 establishment

VERITY is a construction company in Tongeren-Borgloon. Private Limited, started on 6 May 2010, 1 establishment.

Helshovenstraat 37, 3840 Tongeren-Borgloon

Behind the company: Bert JORDENS.

Start date

6 May 2010

Warning lights

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

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

VERITY from Tongeren-Borgloon, company number BE0825894424, closed financial year 2023 with a result of € 4,364 after tax. For that financial year VERITY recorded a gross margin of € 188,053 and equity of € 93,872. Compared with financial year 2022, the result moved from € 7,241 to € 4,364. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 27, 2024.

What it is worth Growing

€ 93,872

▲ 5% vs 2022

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

Profit Healthy

€ 4,364

▼ 40% vs 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 65,336

▲ € 59,402 vs 2022

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

Where the profit goes Growing

Stays in the company

No dividend for 2023. Retained profit grew to € -6,128.

People and assets in 2023

Wage cost

€ 127,514

▲ 263% vs 2022

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

€ 71,696

▲ 117% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 3 years to go

€ 136,854

▲ 45% vs 2022

€ 53,763 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 460,111

▼ 32% vs 2022

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

Taxes and wages

€ 16,964

▼ 61% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 31,381 € 96,183 € 188,053 ▲ 96%
Profit after taxes € 1,415 € 7,241 € 4,364 ▼ 40%
Equity € 82,267 € 89,508 € 93,872 ▲ 5%
Total debts € 741,760 € 1,878,281 € 1,103,999 ▼ 41%
Cash € 921 € 5,934 € 65,336 ▲ € 59,402
Land & buildings € 588 € 471 € 353 ▼ 25%
Retained profit € -17,733 € -10,492 € -6,128 ▲ € 4,364
Bank debt € 110,423 € 94,465 € 136,854 ▲ 45%
Balance sheet total € 824,027 € 1,967,788 € 1,197,871 ▼ 39%

Key figures of VERITY, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to VERITY?

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

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

  • New annual accounts for financial year 2023: profit of € 4,364 (▼ 40% vs 2022). filed late Source: NBB ↗
  • New establishment in Kortessem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 1,415 profit in 2021 to € 4,364 profit in 2023.

Paid € 2,964 in corporate taxes since 2021.

Best year ever: 2022, with € 7,241 profit.

Management

Bert JORDENS

Behind VERITY is Bert JORDENS. Bert JORDENS is also behind H 41 GROUP and 't Huis Zonder Naam.

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Directors

According to the 2023 annual accounts

Bert JORDENS

Director

Also active at: H 41 GROUP, 't Huis Zonder Naam

Establishments

Establishment units

Physical locations of this company

Registered office

Helshovenstraat 37

3840 Tongeren-Borgloon

2.188.176.478

Winkelstraat 2B

3720 Kortessem

Active since 14 May 2010

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

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

Details

Company number
0825.894.424
VAT number
BE 0825.894.424
Registered office
Helshovenstraat 37, 3840 Tongeren-Borgloon
Names & denominations
VERITY
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
6 May 2010
Peppol
Not registered
Activities · NACE

Algemene bouw van residentiële gebouwen

Overige werkzaamheden in verband met de afwerking van gebouwen

Installatie van isolatie

Groothandel in bouwmaterialen, algemeen assortiment

Sanitaire werkzaamheden

Isolatiewerkzaamheden

Frequently asked questions

What does VERITY do?
VERITY is a construction company in Tongeren-Borgloon. Private Limited, started on 6 May 2010, 1 establishment.
What is the address of VERITY?
The registered office of VERITY is located at Helshovenstraat 37, 3840 Tongeren-Borgloon.
Is VERITY still active?
No. The CBE lists VERITY 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 VERITY registered on Peppol?
No, VERITY is currently not registered on the Peppol network.
What is the enterprise number of VERITY?
The enterprise number of VERITY is BE0825894424.
When was VERITY founded?
VERITY was founded on 6 May 2010.