IMMO VRA
ActiveIMMO VRA has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €239k and a net result of €14k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 13936 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-3
Solvency92▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 0.93 in 2024; short-term debt: 33.3% and cash: 26% of total assets), and 33.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.7%
Return on assets
3.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
74 d early
2024
77 d early
2023
28 d late
2022
121 d late
2021
79 d early
2020
53 d early
2019
307 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€38k
EBIT margin
15.3%
Net result
€14k▼ 9.3%
2024 · €15k
2018: €6k
2019: €7k
2020: €2k
2021: €8k
2022: €6k
2023: €10k
2024: €15k
2018 → 2025
Working capital
€6k
2024 · €-8k
2018: €-89k
2019: €-83k
2020: €-60k
2021: €-39k
2022: €-32k
2023: €-8k
2024: €-8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€207k-€213k▲ 2.8%€223k▲ 4.8%€238k▲ 6.8%€239k▲ 0.3%
Operating result€18k-€11k▼ 40.6%€15k▲ 40.1%€29k▲ 91.6%€26k▼ 10.3%
Net result€8k-€6k▼ 25.1%€10k▲ 73.0%€15k▲ 48.9%€14k▼ 9.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €358k
Fixed assets
€232k▼ 5.6%
Current assets
€126k▲ 10.4%
Equity and liabilities €358k
Equity
€239k▲ 0.3%
Debt
€119k▼ 2.3%
The debt ratio falls from 33.9% to 33.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€40k▼
2024 · €43k
Cash flow
€28k▼
2024 · €29k
Solvency
66.7%▲
2024 · 66.1%
Current ratio
1.05▲
2024 · 0.93
Quick ratio
1.05▲
2024 · 0.93
Debt / equity
0.50▼
2024 · 0.51
ROE
5.7%▼
2024 · 6.3%
ROA
3.8%▼
2024 · 4.2%
Interest coverage
5.64▼
2024 · 6.67
Debt
€119k▼
2024 · €122k
Debt ≤ 1 year
€119k▼
2024 · €122k
Income taxes
€5k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€360k€358k▼
Fixed assets21/28€246k€232k▼
Tangible fixed assets22/27€246k€232k▼
Land and buildings22€229k€217k▼
Other tangible fixed assets26€17k€15k▼
Current assets29/58€114k€126k▲
Amounts receivable within one year40/41€102k€33k▼
Trade receivables40€99k€29k▼
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€12k€93k▲
Equity and liabilities
Total equity and liabilities10/49€360k€358k▼
Equity10/15€238k€239k▲
Contributions10/11€170k€170k=
Outside capital11€170k€170k=
Share premium1100/10€170k€170k=
Reserves13€68k€69k▲
Non-distributable reserves130/1€9k€9k=
Reserves not available under the articles1311€9k€9k=
Distributable reserves133€59k€59k▲
Profit (loss) carried forward14-€0
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Major repairs and maintenance162€0-
Amounts payable17/49€122k€119k▼
Amounts payable within one year42/48€122k€119k▼
Trade debts44€155€320▲
Suppliers440/4€155€320▲
Taxes, remuneration and social security45€22k€7k▼
Taxes450/3€22k€7k▼
Other amounts payable47/48€99k€112k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k=
Other operating charges640/8€3k€3k▼
Gross operating margin9900€46k€42k▼
Operating profit (loss)9901€29k€26k▼
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€22k€19k▼
Income taxes67/77€7k€5k▼
Profit (loss) for the period9904€15k€14k▼
Profit (loss) for the period to be appropriated9905€15k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€14k▼
Transfer from equity791/2-€13k
Transfer to equity691/2€15k€14k▼
To other reserves6921€15k€14k▼
Profit to be distributed694/7-€13k
Return on contributions (dividend)694-€13k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €15k ▲48.9%
Operating result €29k, net result €15k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 121 days late
2022
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €207k ▲3.9%
4 profitable years in a row build equity to €207k.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 307 days late
2020
31-12
Financial
Weakest financial yearnet €2k ▼73.3%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
2019
14-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 55 days late
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wetteren
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kasteeldreef 489230 WetterenGround area
1,342 m²
Building footprint
193 m²
Parcel 42302C0245/02B000, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42302C0245/02B000 | Flanders | 1,342 m² | 1 · 192 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ALPINO
BE 0647.613.174
Ronse · Eq €240k
ARLAV
BE 0743.546.372
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IMMONINA
BE 0849.800.073
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NOUVEAUX ETABLISSEMENTS DELCHEVALERIE IMMOBILIER
BE 0891.204.623
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Industrieel Wonen
BE 0661.789.230
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Of 3,766 companies in sector 68321 we hold annual accounts for 1,390. 998 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-01-2013
Fiscal year end31-12
Activities, NACEBEL
68321Property management for co-owned buildings (syndics)
68310Real estate agency activities
68311Real estate activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.