V.A. Industries
ActiveV.A. Industries has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €159k and a net result of €283k. Equity is shrinking by ~12.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 16% of 7431 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+44
Solvency32▲+17
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.21 in 2024; short-term debt: 43.9% and cash: 0.4% of total assets), and 92.9% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
7.1%
Return on assets
12.6%
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 7431 sector peers (2025).
NBB · sector comparisonPosition among 7431 sector peers
Solvency
better than 16%
← weakest
strongest →
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 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
86 d early
2024
22 d early
2023
22 d early
2022
30 d late
2021
24 d late
2020
31 d late
2019
182 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€159k
2024 · €-123k
2018: €44k
2019: €50k
2020: €32k
2021: €23k
2022: €24k
2023: €21k
2024: €-123k
2018 → 2025
Total assets
€2.25M▲ 84.9%
2024 · €1.22M
2018: €197k
2019: €160k
2020: €149k
2021: €39k
2022: €56k
2023: €56k
2024: €1.22M
2018 → 2025
Net result
€283k
2024 · €-144k
2018: €-7k
2019: €6k
2020: €-18k
2021: €-9k
2022: €456
2023: €-3k
2024: €-144k
2018 → 2025
Working capital
€-859k▼ 322%
2024 · €-204k
2018: €-38k
2019: €133k
2020: €115k
2021: €23k
2022: €24k
2023: €21k
2024: €-204k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€24k▲ 1.9%€21k▼ 13.2%€-123k€159k
Operating result€-8k-€886€-3k€-106k▼ 3,373%€147k
Net result€-9k-€456€-3k€-144k▼ 4,439%€283k
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 returns to profit in 2025: €147k after a loss of €106k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.25M
Fixed assets
€2.12M▲ 82.5%
Current assets
€130k▲ 135%
Equity and liabilities €2.25M
Equity
€159k
Debt
€2.09M
Debt finances 92.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€181k▲
2024 · €69k
Cash flow
€317k▲
2024 · €31k
Solvency
7.1%▲
2024 · -10.1%
Current ratio
0.13▼
2024 · 0.21
Quick ratio
0.13▼
2024 · 0.21
Debt / equity
13.10▲
2024 · -10.89
ROE
177.1%
ROA
12.6%▲
2024 · -11.8%
Interest coverage
3.37▲
2024 · 1.84
Debt
€2.09M▲
2024 · €1.34M
Debt ≤ 1 year
€989k▲
2024 · €259k
Debt > 1 year
€1.10M▲
2024 · €1.08M
Income taxes
€11k
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€1.22M€2.25M▲
Fixed assets21/28€1.16M€2.12M▲
Tangible fixed assets22/27€1.16M€1.12M▼
Land and buildings22€1.15M€1.12M▼
Plant, machinery and equipment23€12k€0▼
Furniture and vehicles24-€3k
Financial fixed assets28-€1.00M
Current assets29/58€55k€130k▲
Amounts receivable within one year40/41€22k€88k▲
Trade receivables40-€23k
Other amounts receivable41€22k€64k▲
Cash at bank and in hand54/58€1k€9k▲
Deferred charges and accrued income490/1€32k€33k▲
Equity and liabilities
Total equity and liabilities10/49€1.22M€2.25M▲
Equity10/15€-123k€159k▲
Contributions10/11€50k€50k=
Reserves13€181€109k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€181€109k▲
Profit (loss) carried forward14€-173k€0▲
Amounts payable17/49€1.34M€2.09M▲
Amounts payable after more than one year17€1.08M€1.10M▲
Financial debts170/4€1.08M€1.10M▲
Amounts payable within one year42/48€259k€989k▲
Current portion of amounts payable after more than one year42€57k€97k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€9k€30k▲
Taxes450/3€9k€30k▲
Other amounts payable47/48€191k€861k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€175k€34k▼
Other operating charges640/8€4k€6k▲
Gross operating margin9900€73k€187k▲
Operating profit (loss)9901€-106k€147k▲
Financial income75/76B€0€200k▲
Recurring financial income75€0€200k▲
Financial charges65/66B€37k€54k▲
Recurring financial charges65€37k€54k▲
Profit (loss) for the period before taxes9903€-144k€293k▲
Income taxes67/77-€11k
Profit (loss) for the period9904€-144k€283k▲
Profit (loss) for the period to be appropriated9905€-144k€283k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-173k€109k▲
Profit (loss) brought forward from the previous period14P€-29k€-173k▼
Transfer from equity791/2-€181
Transfer to equity691/2-€109k
To other reserves6921-€109k
The notes to these accounts (12 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
06-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €283k
Net result €283k after 2 loss-making years.
31-12
Financial
Equity above €150kEq €159k
Equity rises from €-123k to €159k.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-144k
Net result drops to €-144k, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €456
Net result €456 after 2 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 182 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
31-12
Financial
Liquidity times 28current ratio 5.87
Current ratio from 0.21 to 5.87; short-term debt falls from €48k to €27k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Aarschot · 1 establishment unit since 2009
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.
Diestse steenweg 933200 AarschotGround area
1,371 m²
Building footprint
616 m²
Volume, LiDAR
2,303 m³
Parcel 24001C0004/00F003, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
V.A. Industries
since 20092.178.595.947
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24001C0004/00F003 | Flanders | 1,371 m² | 1 · 616 m² | 7.0 m · 1 fl. |
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
RESQ HOME
BE 0799.351.165
Fleurus · Eq €158k
HAVASUPPORT
BE 0793.787.919
Kortenberg · Eq €158k
ANTHEUNIS NICO
BE 0806.559.552
Knokke-Heist · Eq €157k
CAMPOVERDE STONE
BE 0746.355.711
Halle · Eq €157k
ABAR
BE 0819.042.462
Etterbeek · Eq €157k
Of 2,452 companies in sector 41003 we hold annual accounts for 1,055. 730 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-2009
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
64200Holdings
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
71111Activities of building architects
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.