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V&G Projects

Active
Private limited companyfounded 2020active for 6 yearsLaarstraat 41, 1910 Kampenhout, BelgiumKBO/BCE: BE 0744.788.566
Summary

The computed 12-month bankruptcy probability of V&G Projects is 1.6% (moderate). The annual accounts of V&G Projects for financial year 2025 show a net loss of 79% of the equity at the start of that year. The 2025 annual accounts show equity of €3,313 and a net result of -€12,126. Equity is shrinking by about 43% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 11% of 1,680 sector peers (NACE 33, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
V&G ProjectsActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Repair, maintenance and installation of machinery and equipment
NACE 33130General electrical installation work NACE 43211
1 site
Size
€79,373total assets 2025
Staff
0.1 FTE
Equity
€3,313
Loss
-€12,126
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Structure
2025 accounts 9 days early2 of 3 deeds summarised
Why 53raises riskEquity €3,313 (4.2% of total assets)Loss of €12,126, the second in a row (financial year 2025)Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)lowers riskSize: total assets €79,373Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 10% of its sector peers (NACE 33, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 29-25
equity 4.2% of total assets
Liquidity 32-32
short-term debt 70.7% · cash 15.6%
Profitability 0=
return on assets -15.3%
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,387 companies, NACE 33, micro)
Last 24 months 11-2024: 2.9% 12-2024: 2.9%● unchanged vs 11-2024 01-2025: 2.8%▼ -0.1 percentage points vs 12-2024 02-2025: 2.7%▼ -0.1 percentage points vs 01-2025 03-2025: 2.7%● unchanged vs 02-2025 04-2025: 3.1%▲ +0.4 percentage points vs 03-2025 05-2025: 3.4%▲ +0.3 percentage points vs 04-2025 06-2025: 3.4%● unchanged vs 05-2025 07-2025: 3.6%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 1.7%▼ -1.9 percentage points vs 07-2025 09-2025: 1.7%● unchanged vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.8%▲ +0.1 percentage points vs 02-2026 04-2026: 1.9%▲ +0.1 percentage points vs 03-2026 05-2026: 2.0%▲ +0.1 percentage points vs 04-2026 06-2026: 1.0%▼ -1.0 percentage point vs 05-2026lowest value 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.6%▲ +0.6 percentage points vs 07-2026 09-2026: 1.6%● unchanged vs 08-2026 10-2026: 1.6%● unchanged vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.17, compared with 1.32 in 2024, below the usual 1.5; short-term debt: 70.7% and cash: 15.6% of total assets), and 95.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, micro): better than 11% on solvency, 20% on liquidity, 4% on profitability and 5% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €79,373
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €3,313 (4.2% of total assets)
NBB · annual accounts
raises risk · Loss of €12,126, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
2122232425
2021 to 2025 · latest year -€12,126
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 1680 sector peers (2025).
NBB · sector comparison
Position among 1680 sector peers
Solvency
better than 11%
← 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 22-07-2026, 9 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
9 days early
2024
3 days early
2023
3 days early
2022
4 days early
2021
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 8 days before the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Liquidity more than quadruplescurrent ratio 1.32

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€12,126 View
  • Caution: Among the weakest 8% on net resultsector median €15,549 · 1,680 companies -€12,126 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Total assets
€79,373
Loss
-€12,126
Solvency
4.2%
Total assets▲ 48.1%
Net result
20212025
Go to Financials

Timeline

Events
10
Since
2022
Next accounts
by 31-07-2027
  1. 28-07-2024Annual accounts filed
  2. 28-05-2024Registered office
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Repair, maintenance and installation of machinery and equipmentNACE 33130
Founded
05-03-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about V&G Projects

What is the company number of V&G Projects?
0744.788.566. In Belgium the VAT number is the company number with BE in front: BE 0744.788.566.
Where is V&G Projects based?
The registered office is at Laarstraat 41, 1910 Kampenhout.Company details
What does V&G Projects do?
According to the KBO register, the main activity is repair, maintenance and installation of machinery and equipment (NACE 33130).
What is the legal form of V&G Projects?
Private limited company (BV).
When was V&G Projects founded?
On 05-03-2020.
Is V&G Projects still active?
Yes, V&G Projects is an active enterprise in the KBO register.
How many employees does V&G Projects have?
On average 0.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of V&G Projects?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is V&G Projects profitable?
In financial year 2025, V&G Projects made a loss of €12,126.
Where can I find the annual accounts of V&G Projects?
V&G Projects filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of V&G Projects due?
By 31-07-2027, for financial year 2026.Timeline

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