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V.G.O.

Active
Private limited companyfounded 200026 yrs activeGalmartstraat 21, 1820 Steenokkerzeel, BelgiumKBO/BCE: BE 0471.545.407
Summary

V.G.O. has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €95,154. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 85% of 16752 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
V.G.O.ActiveChecked score 93/100
Risk analysis ReportCompare

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203NACE 70203
#8 company by equity in Steenokkerzeel, Real estate sector1 site
Size
€1.4mtotal assets 2025
Equity
€1.1m
Profit
€95,154
Turnover not published (abridged schema)
Financial health
93 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Accounts 1 d early0 of 1 deed read
Why 93- Liquidity: current ratio 0.10, cash €8,797- Figures for FY 2025 (filed 30-10-2025)+ Size: total assets €1.4m+ Equity €1.1m (79.6% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 67% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+5
equity 79.6% of total assets
Liquidity 44+5
short-term debt 20.4% · cash 0.6%
Profitability 77+2
return on assets 6.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,526 companies)
Last 24 months 11-2024: 0.3%highest value 12-2024: 0.1%▼ -70.9% 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: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%▲ +3.9% vs 04-2025 06-2025: 0.1%▲ +3.8% vs 05-2025 07-2025: 0.1%▲ +12.2% vs 06-2025 08-2025: 0.1%▲ +6.5% vs 07-2025 09-2025: 0.1%▲ +4.1% vs 08-2025 10-2025: 0.2%▲ +57.8% vs 09-2025 11-2025: 0.1%▼ -56.5% vs 10-2025lowest value 12-2025: 0.1%● 0.0% vs 11-2025lowest value 01-2026: 0.1%● 0.0% vs 12-2025lowest value 02-2026: 0.1%● 0.0% vs 01-2026lowest value 03-2026: 0.1%● 0.0% vs 02-2026lowest value 04-2026: 0.1%● 0.0% vs 03-2026lowest value 05-2026: 0.1%▲ +2.9% vs 04-2026 06-2026: 0.1%▲ +2.8% vs 05-2026 07-2026: 0.1%▲ +13.5% vs 06-2026 08-2026: 0.1%▲ +2.4% vs 07-2026 09-2026: 0.1%▲ +4.7% vs 08-2026 10-2026: 0.2%▲ +70.0% vs 09-2026
  • Size: total assets €1.4m lowers the probability for this profile
  • Liquidity: current ratio 0.10, cash €8,797 raises the probability
  • Figures for FY 2025 (filed 30-10-2025) raises the probability
  • Equity €1.1m (79.6% of total assets) lowers the probability
Credit up to €100,000 at 30 days acceptable
Liquidity short (current ratio 0.1 against 0.07 in 2024; short-term debt: 20.4% and cash: 0.6% of total assets), and 20.4% 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 68, micro). Better than this share of them on solvency 91%, liquidity 38%, profitability 73%, growth against the median 65%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. 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

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €1.4m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.10, cash €8,797
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Figures for FY 2025 (filed 30-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Equity €1.1m (79.6% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
21 d late
2023
on the day
2022
5 d early
2021
45 d early
2020
39 d early
2019
31 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 14 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 30 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close05-10-2026 today31-10-2026 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Highest result since 2019net €95,154 ▲21.2%
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Among the best 7% on equitysector median €73,749 · 16,768 companies €1.1m View
  • Positive: 7 profitable years in a rowprofit 2025: €95,154 7 years View
  • Active since 2000founded 29-03-2000 26 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.4m
Profit
€95,154
Solvency
79.6%
Total assets▼ 3.8%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2016
Next accounts
by 31-10-2026
  1. 30-10-2025Annual accounts filed
  2. 31-03-2025Highest result since 2019
  3. 21-11-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
29-03-2000
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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