Turnover
The micro format states no turnover.
The micro format states no turnover.
Of this, €47,756 falls due within a year.
Green is investment, beige is depreciation.
Short-term debts rose from €24,119 to €47,756.
The 2022 accounts came 31 days late. The other three were filed on time.
Lower net result than 91% of companies in computer programming and consultancy. Sector median €28,568 · 21,214 companies.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 62, micro). It does better than 26% of them on solvency, 49% on liquidity, 14% on profitability and 20% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,207 companies had the same profile as V-GROUPS has now. Each dot stands for 4 companies, two years later.
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of V-GROUPS itself is lower: 0.1% within 12 months. It rests on far more data about V-GROUPS than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,207 companies, not a prediction for V-GROUPS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.06 (2.47 in 2024), below the usual 1.5. Short-term debt is 45% and cash 30.3% of total assets. 73.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 94 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| V-GROUPS Evere | €106,194 | €14,103 | 26.1% | - |
| CHRONOSTIX Woluwe-Saint-Lambert | €112,785 | €14,603 | -2.4% | - |
| MOULIOM IT CONSULTING Jette | €98,945 | €16,186 | 50.0% | - |
| iSATA Wavre | €104,750 | €14,660 | -71.7% | - |
| QTPi Sint-Truiden | €96,753 | €13,673 | 59.3% | - |
| TELMIO Vilvoorde | €118,453 | €12,641 | 80.1% | - |
| ECONOMETRICS & GOLD Evere | €109,981 | €18,807 | 50.0% | - |
These companies have the same main activity as V-GROUPS: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €96,800 and €118,000, founded between 2021 and 2022.
V-GROUPS files the micro format. That format states no turnover. The gross margin fell from €47,064 in 2022 to €14,103 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €75,000. Estimated: probably between €36,000 and €150,000.
Higher than 24% of 21,208 companies in 2025.
Higher than 20% of 20,571 companies in 2025.
Higher than 10% of 20,746 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
106,194 | 64,557 | 37,019 | 55,698 | |
21/28 |
55,551 | 4,925 | 1,409 | 1,780 | |
22/27 |
55,551 | 4,925 | 1,409 | 1,780 | |
22 |
- | - | 1,409 | - | |
23 |
3,754 | 4,274 | - | - | |
24 |
51,797 | 652 | - | 1,780 | |
29/58 |
50,643 | 59,631 | 35,611 | 53,918 | |
40/41 |
16,885 | 48,854 | 21,228 | 18,478 | |
40 |
13,230 | 48,854 | 1,133 | 17,810 | |
41 |
3,655 | - | 20,094 | 668 | |
54/58 |
32,161 | 10,708 | 14,383 | 35,439 | |
490/1 |
1,596 | 70 | - | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
106,194 | 64,557 | 37,019 | 55,698 | |
10/15 |
27,731 | 40,438 | 19,295 | 30,645 | |
10/11 |
2,500 | 2,500 | 2,500 | 2,500 | |
13 |
28,145 | 28,145 | 28,145 | 28,145 | |
130/1 |
250 | 28,145 | 250 | 250 | |
1311 |
- | 27,895 | - | 250 | |
1319 |
250 | 250 | 250 | - | |
133 |
27,895 | - | 27,895 | 27,895 | |
14 |
-2,914 | 9,793 | -11,350 | - | |
17/49 |
78,463 | 24,119 | 17,724 | 25,053 | |
17 |
30,708 | - | - | - | |
170/4 |
30,708 | - | - | - | |
42/48 |
47,756 | 24,119 | 17,724 | 25,053 | |
42 |
12,903 | - | - | - | |
44 |
22,578 | 51 | 13,009 | 12,807 | |
440/4 |
22,578 | 51 | 13,009 | 12,807 | |
45 |
4,084 | 12,770 | 4,716 | 12,172 | |
450/3 |
169 | 9,028 | 2,790 | 12,172 | |
454/9 |
3,916 | 3,743 | 1,926 | - | |
47/48 |
8,191 | 11,297 | - | 74 | |
| Income statement | |||||
9900 |
14,103 | 130,040 | -7,182 | 47,064 | |
62 |
5,989 | 104,148 | 3,252 | - | |
630 |
12,637 | 1,286 | 701 | 163 | |
640/8 |
6,428 | - | 131 | 25 | |
9901 |
-10,952 | 24,606 | -11,266 | 46,877 | |
75/76B |
- | - | 0 | 0 | |
75 |
- | - | 0 | 0 | |
65/66B |
1,522 | 222 | 84 | 51 | |
65 |
1,522 | 222 | 84 | 51 | |
9903 |
-12,474 | 24,384 | -11,350 | 46,827 | |
67/77 |
233 | 3,241 | - | 9,382 | |
9904 |
-12,707 | 21,143 | -11,350 | 37,445 | |
9905 |
-12,707 | 21,143 | -11,350 | 37,445 | |
| Appropriation of the result | |||||
9906 |
-2,914 | 9,793 | -11,350 | 37,445 | |
14P |
9,793 | -11,350 | - | - | |
691/2 |
- | - | - | 28,145 | |
6920 |
- | - | - | 250 | |
6921 |
- | - | - | 27,895 | |
694/7 |
- | - | - | 9,300 | |
694 |
- | - | - | 9,300 | |
| Document | |||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 12-02-2026.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 1,685 | 25,892 | -10,565 | 47,039 | ||
| -70 | 22,429 | -10,649 | 37,607 | ||
| 63,263 | 4,802 | 330 | 1,943 | ||
| 21,453 | -3,675 | -21,056 | - | ||
| 2,887 | 35,512 | 17,886 | 28,865 | ||
| 26.1% | 62.6% | 52.1% | 55.0% | ||
| 1.06 | 2.47 | 2.01 | 2.15 | ||
| 2.83 | 0.60 | 0.92 | 0.82 | ||
| -45.8% | 52.3% | -58.8% | 122.2% | ||
| -12.0% | 32.8% | -30.7% | 67.2% | ||
| 1.11 | over 100 | -125.85 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €63,263 | €4,802 | €330 | €1,943 |
| €12,637 | €1,286 | €701 | €163 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €10,952, after a profit of €24,606 in 2024.
Debt's share of the balance-sheet total rises from 37.4% to 73.9%. Equity is lower and debt is higher.
V-GROUPS has no parent and no holdings in its annual accounts. V-GROUPS shares no director with another company.
| LABORATOIRES BAILLEUL
establishment since 23-04-2003 · founded in 2002 |
13 FTE (2025) 0479.194.945 |
| JACQUES VERMEIRE
establishment since 29-08-1991 · founded in 1991 |
total assets €2.7m (2025) 0444.631.271 |
| GADOC
establishment since 21-09-2017 · founded in 2017 |
total assets €453,467 (2025) 0681.612.763 |
| A CUBE ARCHITECTURE
registered office since 11-01-2008 · founded in 2008 |
total assets €299,289 (2025) 0894.846.576 |
| Manish Mridul
registered office since 07-11-2024 · founded in 2024 |
total assets €141,392 (2025) 1015.991.361 |
| KABEN PRO PARTNERS
registered office since 03-10-2023 · founded in 2023 · negative equity (2025) |
total assets €32,530 (2025) 1000.680.506 |
| Ananthan, Arthi (sole trader)
establishment since 23-01-2023 |
founded in 2023 0793.937.278 |
| V.K.S. ASBESTREINIGING
registered office since 29-12-1999 |
founded in 1999 0469.211.071 |
| Association des copropriétaires de l'immeuble "résidence Albert Servaes" à 1140 Evere, avenue Henry Dunant 15-17
registered office since 28-08-1991 |
founded in 1991 0521.797.444 |
| Bloomer, Karen (sole trader)
establishment since 01-07-1985 |
founded in 1985 0546.353.587 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
V-GROUPS was incorporated on 25 March 2022 as a private limited company by two natural persons, with a starting capital of €2,500.12 The registered office was moved to Evere in 2023.3 Since 2024 the company has been called V-Groups.4 The board currently has 2 members.4 Total assets rose from €55,698 in 2022 to €106,194 in 2025.5
| Establishment | Since | Unit number |
|---|---|---|
| Henry Dunantlaan 15 registered office 1140 Evere | 25-03-2022 | 2.329.329.789 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21372D0088/00G002 | 1,206 m² | 1 · 502 m² | 27.3 m · 8 |
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