V.F.B.
ActiveV.F.B. has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €-10k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 10% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-81
Solvency25▼-39
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 1.58 against 1.62 in 2024), but 97.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 10% of 31527 sector peers (2025).
NBB · sector comparisonPosition among 31527 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
5 d late
2023
49 d early
2022
52 d early
2021
60 d early
2020
45 d early
2019
57 d early
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€40k▼ 94.6%
2024 · €738k
2018: €599k
2019: €557k
2020: €641k
2021: €694k
2022: €506k
2023: €619k
2024: €738k
2018 → 2025
Total assets
€1.93M▼ 16.2%
2024 · €2.31M
2018: €750k
2019: €868k
2020: €809k
2021: €860k
2022: €1.41M
2023: €1.62M
2024: €2.31M
2018 → 2025
Net result
€-10k
2024 · €119k
2018: €65k
2019: €22k
2020: €178k
2021: €112k
2022: €77k
2023: €113k
2024: €119k
2018 → 2025
Working capital
€240k▲ 5.7%
2024 · €227k
2018: €123k
2019: €-52k
2020: €-15k
2021: €31k
2022: €-49k
2023: €210k
2024: €227k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€694k-€506k▼ 27.1%€619k▲ 22.4%€738k▲ 19.2%€40k▼ 94.6%
Operating result€168k-€110k▼ 34.9%€-90k€-34k▲ 62.3%€618
Net result€112k-€77k▼ 31.2%€113k▲ 47.0%€119k▲ 5.1%€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €618 after a loss of €34k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.93M
Fixed assets
€1.28M▼ 25.6%
Current assets
€656k▲ 10.9%
Equity and liabilities €1.93M
Equity
€40k▼ 94.6%
Debt
€1.89M▲ 20.7%
The debt ratio rises from 68.0% to 97.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€4k▼
2024 · €27k
Cash flow
€-7k▼
2024 · €180k
Solvency
2.1%▼
2024 · 32.0%
Current ratio
1.58▼
2024 · 1.62
Quick ratio
1.58▼
2024 · 1.62
Debt / equity
47.16▲
2024 · 2.12
ROE
-25.4%▼
2024 · 16.1%
ROA
-0.5%▼
2024 · 5.2%
Interest coverage
0.40▼
2024 · 4.70
Debt
€1.89M▲
2024 · €1.57M
Debt ≤ 1 year
€416k▲
2024 · €364k
Debt > 1 year
€1.48M▲
2024 · €1.20M
Income taxes
€1k▼
2024 · €13k
Staff costs
€232k▲
2024 · €207k
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€2.31M€1.93M▼
Fixed assets21/28€1.71M€1.28M▼
Intangible fixed assets21€600€400▼
Tangible fixed assets22/27€718k€23k▼
Land and buildings22€688k€0▼
Plant, machinery and equipment23€5k€686▼
Furniture and vehicles24€25k€22k▼
Financial fixed assets28€996k€1.25M▲
Current assets29/58€592k€656k▲
Amounts receivable after more than one year29€250k€0▼
Other amounts receivable291€250k€0▼
Amounts receivable within one year40/41€293k€632k▲
Trade receivables40€263k€282k▲
Other amounts receivable41€29k€351k▲
Cash at bank and in hand54/58€35k€24k▼
Deferred charges and accrued income490/1€14k€0▼
Equity and liabilities
Total equity and liabilities10/49€2.31M€1.93M▼
Equity10/15€738k€40k▼
Contributions10/11€20k€1k▼
Reserves13€639k€44k▼
Tax-exempt reserves132€15k€1k▼
Distributable reserves133€624k€42k▼
Profit (loss) carried forward14€80k€-5k▼
Amounts payable17/49€1.57M€1.89M▲
Amounts payable after more than one year17€1.20M€1.48M▲
Financial debts170/4€1.20M€1.48M▲
Amounts payable within one year42/48€364k€416k▲
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€7k€22k▲
Suppliers440/4€7k€22k▲
Taxes, remuneration and social security45€56k€55k▼
Taxes450/3€31k€17k▼
Remuneration and social security454/9€24k€37k▲
Other amounts payable47/48€293k€330k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€207k€232k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€3k▼
Other operating charges640/8€7k€8k▲
Non-recurring operating charges66A-€6k
Gross operating margin9900€240k€250k▲
Operating profit (loss)9901€-34k€618▲
Financial income75/76B€172k€380▼
Recurring financial income75€172k€380▼
Financial charges65/66B€6k€10k▲
Recurring financial charges65€6k€10k▲
Profit (loss) for the period before taxes9903€132k€-9k▼
Income taxes67/77€13k€1k▼
Profit (loss) for the period9904€119k€-10k▼
Profit (loss) for the period to be appropriated9905€119k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€199k€-5k▼
Profit (loss) brought forward from the previous period14P€80k€5k▼
Transfer to equity691/2€119k€0▼
To other reserves6921€119k€0▼
The notes to these accounts (14 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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
29-06
State Gazette act
Capital & shares · RestructuringGeneral meeting · Demerger · Real estate7 facts ▸
State Gazette act
Capital & shares · Restructuring
General meeting · Demerger · Real estate7 facts ▸
- General meeting, 2026-04-29
- Demerger, partial_split_by_absorption, 912
- Real estate, 687866.89
- Capital decrease, €-18.636,95
- Accounting effect, 2025-01-01
- Split proposal, 2026-02-18, 2025-12-09
- Split balance sheet, 687866.89, EUR
26-02
State Gazette act
Restructuring · MiscellaneousBoard meeting · Demerger · Real estate12 facts ▸
State Gazette act
Restructuring · Miscellaneous
Board meeting · Demerger · Real estate12 facts ▸
- Board meeting, 2025-12-09
- Demerger, partiele splitsing door inbreng in natura
- Real estate, Onroerend goed gelegen te 3000 Leuven, Wittehoevelaan 32, gekend ten kadaster of het geweest zijnde 24514, gemeente Leuven, 14de afdeling DL HAASR + DL KOR.LO,…
- Net-asset statement, 2024-12-31
- Share issue, 912, vergoeding van een afsplitsing van een gedeelte van het vermogen van de Partieel te splitsen vennootschap
- Accounting effect, 2025-01-01
- Accounting effect, EUR, 18636.95
- Accounting effect, 912, EUR
- Accounting effect, EUR, 912
- Share-exchange ratio, 1 aandeel VF-Immo per 1 aandeel VFB
- Board meeting, 2025-10-08
- Net-asset statement, Passiva bestanddelen overgedragen naar de Verkrijvende vennootschap
2025
31-12
Financial
Weakest financial yearnet €-10k ▼109%
Net result drops to €-10k, the lowest in the series.
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €178k ▲704%
Net result €178k, the highest in the series.
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
06-10-2023
VAN DESSEL Christiane: Resigned as Director
06-10-2023
VANSANT Annemie: Resigned as Director
06-10-2023
VANSANT Jan: Resigned as Director
06-10-2023
VANSANT Peter: Resigned as Director
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 1996
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.
Wittehoevelaan 323000 LeuvenGround area
1,931 m²
Building footprint
237 m²
Volume, LiDAR
1,515 m³
Parcel 24514A0202/00S002, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wittehoevelaan 32, 3000 Leuven
since 19962.076.026.464
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514A0202/00S002 | Flanders | 1,931 m² | 1 · 237 m² | 9.7 m · 2 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.
Structure & network
Recognitions · licences · registrations
Legal Entity Identifier
9676003NOXPMOQ8Z4Q61
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Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 36,585 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-03-1996
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
85510Sports and recreation education
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.