Financials
- Fiscal year
- 2025
- Turnover
- €43,733
- Loss
- -€30,875
- Solvency
- -18.8%
V.A.K.
ActiveSummary
The computed 12-month bankruptcy probability of V.A.K. is 4.2% (elevated). The 2025 annual accounts show negative equity (-€11,943) and a net result of -€30,875. Its solvency ranks better than 7% of 32341 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Joinery installation
NACE 43320
1 site
Size
€43,733turnover 2025
- Equity
- -€11,943
- Loss
- -€30,875
Structure
Accounts 29 d early0 of 1 deed read
Why 45- Founded in 2024- Loss of €30,875 (FY 2025)- Negative equity -€11,943- Sector Specialised construction activities (NACE 43)Show the evidence
Checked score
Score 2025
45
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 4% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
6-43
equity -18.8% of total assets
Liquidity
2-75
short-term debt 95.4% · cash 1.6%
Profitability
0-94
return on assets -48.6%
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 1.9%
05-2025: 1.9%● 0.0% vs 04-2025
06-2025: 2.0%▲ +4.7% vs 05-2025
07-2025: 2.3%▲ +16.6% vs 06-2025
08-2025: 1.0%▼ -58.3% vs 07-2025lowest value
09-2025: 1.0%▲ +2.9% vs 08-2025
10-2025: 1.1%▲ +6.6% vs 09-2025
11-2025: 1.1%● 0.0% vs 10-2025
12-2025: 1.1%▲ +2.9% vs 11-2025
01-2026: 1.0%▼ -3.6% vs 12-2025
02-2026: 1.0%▼ -0.1% vs 01-2026
03-2026: 1.1%▲ +5.2% vs 02-2026
04-2026: 1.2%▲ +6.1% vs 03-2026
05-2026: 1.2%▲ +4.8% vs 04-2026
06-2026: 1.2%▼ -1.0% vs 05-2026
07-2026: 1.3%▲ +4.5% vs 06-2026
08-2026: 4.4%▲ +247% vs 07-2026highest value
09-2026: 4.4%● 0.0% vs 08-2026highest value
10-2026: 4.2%▼ -3.4% vs 09-2026
- Founded in 2024 raises the probability for this profile
- Loss of €30,875 (FY 2025) raises the probability
- Negative equity -€11,943 raises the probability
- Sector Specialised construction activities (NACE 43) raises the probability
No credit on open account
Liquidity short (current ratio 0.53 against 1.14 in 2024; short-term debt: 95.4% and cash: 1.6% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 6%, liquidity 3%, profitability 4%, growth against the median 2%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€11,943
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 02-07-2026, 29 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
29 d early
2024
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
- Next accounts
- by 31-07-2027
- 02-07-2026Annual accounts filed
- 31-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 18-03-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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