V.B.S.

Active

Private limited companyfounded 199728 yrs activeAvenue Landas 17, 1480 Tubize, BelgiumKBO/BCE: BE 0461.784.336

Summary

V.B.S. has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €2.1m. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 25% of 239 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch Report Compare

V.B.S.ActiveChecked score 94/100

Risk analysis Report Compare

Activity

Other research and development on natural sciences

NACE 72109Wholesale of other machinery and equipment NACE 46649NACE 46699

#2 company by total assets in Tubize, Professional and technical services sector1 site

Size

€17.1mturnover 2025

Staff: 9 FTE
Equity: €1.8m
Profit: €2.1m

Financial health

94 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.1%

Structure

Parent: V.B.S.+ · 99%

Auditor: BV MOORE AUDITAccounts 15 d early1 of 5 deeds read

Why 94- Equity €1.8m (19.2% of total assets)+ Liquidity: current ratio 1.16, cash €3.9m+ Size: turnover €17.1m, 9 FTE, total assets €9.2m+ Profit of €2.1m (FY 2025)Show the evidence

Checked score

Score 2025

94 / 100

Excellent

Probability in this band: under 0.55%

Better than 48% of its sector peers (NACE 72, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 44-6

equity 19.2% of total assets

Liquidity 57+21

short-term debt 79.1% · cash 42.3%

Profitability 92+15

return on assets 22.4%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (934 companies)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.2%▲ +10.9% vs 03-2025 05-2025: 0.2%▲ +2.5% vs 04-2025 06-2025: 0.2%▲ +8.4% vs 05-2025 07-2025: 0.3%▲ +44.2% vs 06-2025highest value 08-2025: 0.1%▼ -74.7% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%▼ -4.5% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▼ -3.2% vs 01-2026lowest value 03-2026: 0.1%▲ +11.5% vs 02-2026 04-2026: 0.1%▲ +5.9% vs 03-2026 05-2026: 0.1%▲ +2.8% vs 04-2026 06-2026: 0.1%▲ +1.4% vs 05-2026 07-2026: 0.1%▲ +9.3% vs 06-2026 08-2026: 0.1%▲ +3.7% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026

Liquidity: current ratio 1.16, cash €3.9m lowers the probability
Equity €1.8m (19.2% of total assets) raises the probability
Size: turnover €17.1m, 9 FTE, total assets €9.2m lowers the probability for this profile
Profit of €2.1m (FY 2025) lowers the probability

Credit up to €160,000 at 30 days acceptable

Liquidity tight (current ratio 1.16 against 1.18 in 2024; short-term debt: 79.1% and cash: 42.3% of total assets), and 80.8% of the assets are financed with debt.

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 72, micro). Better than this share of them on solvency 29%, liquidity 44%, profitability 74%, growth against the median 46%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. 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.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Liquidity: current ratio 1.16, cash €3.9m

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Equity €1.8m (19.2% of total assets)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: turnover €17.1m, 9 FTE, total assets €9.2m

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Profit of €2.1m (FY 2025)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 239 sector peers (2025).

NBB · sector comparison

Position among 239 sector peers

Solvency

better than 25%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

15 d early

2024

21 d early

2023

27 d early

2022

52 d early

2021

73 d early

2020

72 d early

2019

72 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 47 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 5 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

06-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

16-07-26 Annual accounts filedfiscal year 2025 · full…
15-06-26 Permanent representative: Jo VANDEPUTTEAppointment: BV MOORE AUDIT (statutory…
31-12-25 Highest result since 2018net €2.1m ▲102%

Key points

Positive: Result rose in 2025from €1.0m to €2.1m ▲ 102% View
Positive: Company by total assets in Tubize, Professional and…in the Checked rankings #2 View
Positive: Always filed on timeaccounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €2.1m 8 years View
Controlled by V.B.S.+ 99% View