OPENING OF BANKRUPTCY

VERLIMAS

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Financial year 2025 · closed on 30/09/2025

Net result

-1,1 M €

-18.0% YoY

Gross margin

672,9 k €

-24.5% YoY

Equity

-3,9 M €

-41.3% YoY

Workforce

21,5 ETP

-30.6% YoY

Company — Opening of bankruptcy.

What does VERLIMAS do?

VERLIMAS is a Public limited company incorporated in 2005. Its registered office is in Wevelgem. It employs on average 21,5 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0877.901.468

Incorporation

14/12/2005

Legal form

Public limited company

Registered office

Zuidstraat 18
8560 Wevelgem · FlandreSee on map

Contributed capital

3 485 041,22 €

Latest accounts

30/09/2025

Average workforce

21,5 ETP

Joint committees (2)

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	672,9 k €	-24.5%	890,9 k €	-19.2%	1,1 M €	-46.1%	2 M €		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	-1,1 M €	-72.0%	-631,5 k €	-8.2%	-583,6 k €	-367%	218,7 k €	+457%	39,3 k €	-97.5%	1,6 M €	+723%	-251,6 k €	-251%	166,6 k €	+348%	-67,3 k €	-5.6%	-63,7 k €	+79.5%	-311,2 k €	-50.6%	-206,7 k €	-158%	358,3 k €	-56.2%	818,3 k €	+197%	-842,8 k €	-453%	-152,3 k €	-213%	134,6 k €
Operating result	-1 M €	-27.5%	-814,8 k €	-1.4%	-803,5 k €	-4185%	-18,8 k €	+93.8%	-304,3 k €	-129%	1,1 M €	+246%	-720,3 k €	-152%	-285,8 k €	+30.9%	-413,3 k €	-3.4%	-399,8 k €	-18.9%	-336,2 k €	+44.5%	-606,3 k €	-1393%	46,9 k €	-90.1%	474,7 k €	+134%	-1,4 M €	-106%	-678,6 k €	-125%	-302,1 k €
Net result	-1,1 M €	-18.0%	-958,2 k €	-8.6%	-882,2 k €	-2200%	-38,4 k €	+88.2%	-324 k €	-132%	1 M €	+250%	-683,1 k €	-169%	-253,5 k €	+34.9%	-389,3 k €	-9.8%	-354,4 k €	-201%	-117,9 k €	+92.4%	-1,6 M €	-4121%	38,6 k €	-91.2%	440,2 k €	+131%	-1,4 M €	-112%	-666,7 k €	-130%	-290,1 k €
Balance sheet
Equity	-3,9 M €	-41.3%	-2,7 M €	-53.9%	-1,8 M €	-98.6%	-895,1 k €	-4.5%	-856,7 k €	-162%	1,4 M €	+285%	359,4 k €	-67.2%	1,1 M €	+21.4%	902,3 k €	-22.4%	1,2 M €	+111%	552,4 k €	+72.3%	320,6 k €	-13.9%	372,4 k €	+11.6%	333,8 k €	+414%	-106,4 k €	-108%	1,3 M €	-33.7%	2 M €
Total assets	452,4 k €	-41.7%	775,7 k €	-34.3%	1,2 M €	-6.4%	1,3 M €	-35.4%	2 M €	-20.0%	2,4 M €	-14.9%	2,9 M €	-4.4%	3 M €	+5.4%	2,8 M €	-4.5%	3 M €	-2.5%	3,1 M €	+17.7%	2,6 M €	-1.5%	2,6 M €	-2.4%	2,7 M €	+1.8%	2,7 M €	-20.5%	3,3 M €	-7.2%	3,6 M €
Cash	41 k €	+462939%	8,9 €	-14.6%	10,4 €	-92.8%	144,7 €	+72.1%	84,1 €	-80.7%	434,9 €	+133%	187 €	-67.6%	578 €	+116%	268 €	+86.1%	144 €	-68.4%	455,1 €	+34.9%	337,3 €	-99.8%	185,9 k €	-59.5%	458,5 k €	+866%	47,5 k €	-60.4%	120 k €	-46.7%	225,1 k €
Debts	3,6 M €	+3.1%	3,5 M €	+19.4%	2,9 M €	+37.7%	2,1 M €	-24.0%	2,8 M €	+172%	1 M €	-58.9%	2,5 M €	+31.7%	1,9 M €	-2.0%	1,9 M €	+7.1%	1,8 M €	-24.2%	2,4 M €	+87.7%	1,3 M €	-43.6%	2,3 M €	-4.4%	2,4 M €	-13.0%	2,7 M €	+34.3%	2 M €	+25.2%	1,6 M €
Other
Workforce	21,5 ETP	-30.6%	31,0 ETP	-2.5%	31,8 ETP	+1.9%	31,2 ETP	+8.7%	28,7 ETP	-15.8%	34,1 ETP	-1.4%	34,6 ETP	+23.1%	28,1 ETP	-2.4%	28,8 ETP	+6.7%	27,0 ETP	-7.8%	29,3 ETP	-56.9%	68,0 ETP	+3.0%	66,0 ETP	+3.1%	64,0 ETP	-12.9%	73,5 ETP	-9.4%	81,1 ETP	+3.2%	78,6 ETP

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 35 ended

Active mandates

FIN - COL

Managing director · since 30 mars 2021 · until 30 mars 2027 · 0439.607.562

Represented by Xavier-Francis Verstraete

Active

THIMACON

Director · since 30 mars 2021 · until 30 mars 2027 · 0457.977.877

Represented by Denise Helleputte

Active

Ended mandates

FIN - COL

Managing director · since 30 mars 2021 · until 23 février 2027 · 0439.607.562

Represented by VERSTRAETE Xavier-Francis

Ended

THIMACON

Director · since 30 mars 2021 · until 23 février 2027 · 0457.977.877

Represented by HELLEPUTTE Denise

Ended

FIN - COL

Managing director · since 30 mars 2018 · until 23 février 2021 · 0439.607.562

Represented by Xavier-Francis VERSTRAETE

Ended

FIN - COL

Managing director · since 30 mars 2018 · until 25 février 2021 · 0439.607.562

Represented by Xavier-Francis VERSTRAETE

Ended

At this address

Other companies at this address

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BASALTEX● Active	0533.741.609
FLOCART● Active	0466.631.564
GROEP MASUREEL VEREDELING● Active	0449.772.172
LCFB● Active	1034.564.881

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Full model	Full model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/04/2026	29/04/2025	24/04/2024	05/04/2023	25/04/2022	01/04/2021
General meeting	31/03/2026	28/04/2025	19/04/2024	31/03/2023	31/03/2022	30/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	31/03/2026	13/04/2026	Dutch	PDF
Abridged model	30/09/2024	28/04/2025	29/04/2025	Dutch	PDF
Abridged model	30/09/2023	19/04/2024	24/04/2024	Dutch	PDF
Abridged model	30/09/2022	31/03/2023	05/04/2023	Dutch	PDF
Full model	30/09/2021	31/03/2022	25/04/2022	Dutch	PDF
Full model	30/09/2020	30/03/2021	01/04/2021	Dutch	PDF
Full model	30/09/2019	31/03/2020	30/04/2020	Dutch	PDF
Full model	30/09/2018	29/03/2019	29/04/2019	Dutch	PDF
Full model	30/09/2017	30/03/2018	27/04/2018	Dutch	PDF
Full model	30/09/2016	28/02/2017	15/03/2017	Dutch	PDF
Full model	30/09/2015	23/02/2016	07/03/2016	Dutch	PDF
Full model	30/09/2014	24/02/2015	20/03/2015	Dutch	PDF
Full model	30/09/2013	28/03/2014	29/04/2014	Dutch	PDF
Full model	31/12/2012	26/06/2013	11/07/2013	Dutch	PDF
Full model	30/09/2011	28/02/2012	19/04/2012	Dutch	PDF
Full model	30/09/2010	22/02/2011	11/03/2011	Dutch	PDF
Full model	30/09/2009	23/02/2010	22/03/2010	Dutch	PDF
Full model	30/09/2008	24/02/2009	25/03/2009	Dutch	PDF
Full model	30/09/2007	26/02/2008	26/03/2008	Dutch	PDF
Full model	30/09/2006	27/02/2007	28/03/2007	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 35 ended

Active mandates

FIN - COL

Managing director · since 30 mars 2021 · until 30 mars 2027 · 0439.607.562

Represented by Xavier-Francis Verstraete

Active

THIMACON

Director · since 30 mars 2021 · until 30 mars 2027 · 0457.977.877

Represented by Denise Helleputte

Active

Ended mandates

FIN - COL

Managing director · since 30 mars 2021 · until 23 février 2027 · 0439.607.562

Represented by VERSTRAETE Xavier-Francis

Ended

THIMACON

Director · since 30 mars 2021 · until 23 février 2027 · 0457.977.877

Represented by HELLEPUTTE Denise

Ended

FIN - COL

Managing director · since 30 mars 2018 · until 23 février 2021 · 0439.607.562

Represented by Xavier-Francis VERSTRAETE

Ended

FIN - COL

Managing director · since 30 mars 2018 · until 25 février 2021 · 0439.607.562

Represented by Xavier-Francis VERSTRAETE

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates11/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/10/2016
KAPITAAL - AANDELEN
PDF
Mandates31/03/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/02/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/12/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/10/2013
ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-1,1 M €↓
2024
Annual accounts 2024-958,2 k €↓
2023
Annual accounts 2023-882,2 k €↓
2022
Annual accounts 2022-38,4 k €↑
2021
Annual accounts 2021-324 k €↓
2018
Annual accounts 20181 M €↑
2017
Annual accounts 2017-683,1 k €↓
2016
Annual accounts 2016-253,5 k €↑
2015
Annual accounts 2015-389,3 k €↓
2014
Annual accounts 2014-354,4 k €↓
2013
Annual accounts 2013-117,9 k €↑
2012
Annual accounts 2012-1,6 M €↓
2011
Annual accounts 201138,6 k €↓
2010
Annual accounts 2010440,2 k €↑
2009
Annual accounts 2009-1,4 M €↓
2008
Annual accounts 2008-666,7 k €↓
2007
Annual accounts 2007-290,1 k €
14/12/2005
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VERLIMAS

Overview

What does VERLIMAS do?

Trend over 17 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline