Equity
€611,015 ▲ 8.1%
VRG PROJECTS has made a profit without a break since 2023.
VRG PROJECTS
Lifetime
14 annual accounts with figures on one time axispeak €587,251 (2021)
€86,140▲ 0.7%
lowest -€175,834 (2021)
€861▼ 66.8%
peak €611,015 (2025)
€611,015▲ 8.1%
€1.1m▼ 2.0%
peak 0 FTE (2018)
-not published
Board3 names since 2010
-
Documentsfilings and deeds
11-05-202681 days before the deadline
2025micro format
Result from €2,591 to €861Cash from €2,764 to €5,097
Key points
from the 2025 annual accountsTurnover
≈ €180,000 estimated
The accounts state no turnover.
Position in the sector
€611,015
More equity than 90% of companies in head offices and management consultancy. Sector median €78,242 · 39,408 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,049 companies had the same profile as VRG PROJECTS has now. Each dot stands for 16 companies, two years later.
95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,049 companies, not a prediction for VRG PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
last known boardDirector, last mentioned in 2021
Director, last mentioned in 2021
Director, until 2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0828319523
Environmental permit granted
Bouwen of herbouwen · Lokeren
Environmental permit granted
Aanleg van nieuwe verkeersweg, Hoogstammige bomen vellen die geen deel uitmaken van een bos, Verwijderen van vrijstaande gebouwen · Lokeren
Demerger: NV ABELARD splits off to VRG PROJECTS
8 new shares · General meeting of 27-01-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VRG PROJECTS Lokeren | €1.7m | €86,140 | 35.3% | - |
| METODO Ghent | €1.3m | €87,503 | 20.1% | 0 |
| BEN ARIJS Kluisbergen | €1.3m | €78,055 | 38.1% | 0 |
| RES CAPITIS Roeselare | €1.5m | €87,584 | 74.5% | - |
| GDM CONSULTING Bruges | €1.8m | €99,535 | 88.8% | 0 |
| ISIDOR Zonnebeke | €2.2m | €76,120 | 49.7% | - |
| ADNV-INVEST Wevelgem | €2.1m | €79,637 | 20.2% | - |
These companies have the same main activity as VRG PROJECTS: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €1.3m and €2.2m, founded between 2008 and 2011.
Official details
Source: KBO- Status
- Active since 06-08-2010Normal situation
- Activity
- Activities of head officesNACE 70100and 5 others
- Establishment unit
- 2.190.824.7769160 Lokeren, since 02-08-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Annual accounts 2025
- €1.7m▲ 1.3%
- Filing
- Filed on 11-05-2026, 81 days before the end of the filing period
Insights on VRG PROJECTS
VRG PROJECTS files the micro format. That format states no turnover. The gross margin fell from €103,982 in 2012 to €86,140 in 2025.
The balance sheet grew most in 2021 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VRG PROJECTS
- What is the company number of VRG PROJECTS?
- The company number of VRG PROJECTS is 0828.319.523. The VAT number is the same number with BE in front: BE 0828.319.523.
- Where is VRG PROJECTS based?
- The registered office is at Heirbrugstraat 372, 9160 Lokeren.Company details
- What does VRG PROJECTS do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of VRG PROJECTS?
- VRG PROJECTS is a private limited company (BV).
- When was VRG PROJECTS founded?
- VRG PROJECTS was founded on 06-08-2010.
- Is VRG PROJECTS still active?
- Yes, VRG PROJECTS is an active enterprise in the KBO register.
- How many employees does VRG PROJECTS have?
- VRG PROJECTS had an average of 1.5 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of VRG PROJECTS?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €86,140 and 126 comparable companies (NACE 70). It probably lies between €130,000 and €220,000.
- Is VRG PROJECTS profitable?
- In financial year 2025, VRG PROJECTS made a profit of €861.
- Where can I find the annual accounts of VRG PROJECTS?
- VRG PROJECTS filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VRG PROJECTS due?
- VRG PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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