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The VAP House

Active
Private limited company (pre-2019)founded 2016active for 10 yearsPassage Linthout 6, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0646.920.714

From the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of The VAP House is 2.1% (moderate). The 2025 annual accounts show negative equity (-€625) and a net result of -€37,126. Equity has been shrinking by about 3.4% per year since 2018. Its solvency ranks better than 22% of 22,726 sector peers (NACE 47, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 25-01-2016 Normal situation
Legal form
Private limited company (pre-2019)
Registered office
Passage Linthout 6, 1200 Sint-Lambrechts-Woluwe
Activity
Other retail sale of new goods NACE 47789and 1 other
Establishment unit
2.249.551.447 1200 Sint-Lambrechts-Woluwe, since 25-01-2016
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Board
  • Bilen EkremDirector
  • Touati RédouanDirector

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Annual accounts 2025
Gross margin
-€24,478
Loss
€37,126
Equity
-€625
Total assets
€49,202
▼ 47.8%
Turnover not published (micro format)2025 accounts filed 30 days before the deadline
Filed on 01-07-2026at the National Bank
Score breakdownraises riskLoss of €37,126 (financial year 2025)Negative equity -€625Sector: Retail trade (NACE 47)lowers riskSize: total assets €49,202Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 15% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 24-40
equity -1.3% of total assets
Liquidity 33-41
short-term debt 89.4% · cash 26.3%
Profitability 0-87
return on assets -75.5%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.2%▼ -0.3 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 1.9%▲ +1.7 percentage points vs 07-2026 09-2026: 1.9%● unchanged vs 08-2026 10-2026: 2.1%▲ +0.2 percentage points vs 09-2026highest value
No credit on open account
Liquidity is tight, with a current ratio of 1.06 (1.74 in 2024), below the usual 1.5. Short-term debt is 89.4% and cash 26.3% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 18% of them on solvency, 30% on liquidity, 6% on profitability and 5% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €37,126 (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €49,202
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€625
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€625
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
22 days late
2023
35 days early
2022
4 days early
2021
13 days early
2020
3 days early
2019
10 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€625 View
  • Caution: From profit to loss in 2025after a profit of €14,051 in 2024 -€37,126 View
  • Caution: Lower net result than 94% of companies in retail tradesector median €5,089 · 22,707 companies -€37,126 View

Documents

Annual accounts at the NBB

All 10 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about The VAP House

What is the company number of The VAP House?
The company number of The VAP House is 0646.920.714. The VAT number is the same number with BE in front: BE 0646.920.714.
Where is The VAP House based?
The registered office is at Passage Linthout 6, 1200 Sint-Lambrechts-Woluwe.Company details
What does The VAP House do?
According to the KBO register, the main activity is other retail sale of new goods (NACE 47789).
What is the legal form of The VAP House?
The legal form of The VAP House is Private limited company (pre-2019) (BVBA).
When was The VAP House founded?
The VAP House was founded on 25-01-2016.
Is The VAP House still active?
Yes, The VAP House is an active enterprise in the KBO register.
What is the turnover of The VAP House?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is The VAP House profitable?
In financial year 2025, The VAP House made a loss of €37,126.
Where can I find the annual accounts of The VAP House?
The VAP House filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of The VAP House due?
The VAP House must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as The VAP House: other retail sale of new goods (NACE 47789). They are comparable in size and age: total assets between €44,000 and €59,100, founded between 2013 and 2018.

CompanyTotal assetsGross margin
The VAP House Sint-Lambrechts-Woluwe€49,202-€24,478
BIKERS FOR CHILDREN Brussel€55,849-€5,565
PAPERSTRAWS Braine-le-Château€46,992-€14,035
DE VAMPERS Torhout€54,554-€5,915
CEMIKO Koekelberg€45,019-€13,882
HOBBY FISHING Sambreville€59,087-€1,210
Combidee Brasschaat€43,996-€41,935
Full comparison

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