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V PARTNERS

Active
Private limited companyfounded 20206 yrs activeMarktstraat 24, 9111 Sint-Niklaas, BelgiumKBO/BCE: BE 0745.527.449
Summary

V PARTNERS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €92,975 and a net result of €2,998. Equity is growing by ~18.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability70▼-7
Solvency53▲+8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.69 against 0.77 in 2023; short-term debt: 62.5% and cash: 3.2% of total assets), and 71.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
28.1%
Return on assets
0.9%
Age of the figures
21 mo
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 15-06-2026, 46 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
46 d early
2024
9 d early
2023
16 d early
2022
26 d early
2021
16 d 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 23 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 15 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 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

History

V PARTNERS was incorporated on 19 March 2020 as a Private limited company.1 Total assets fell from EUR 533,640 in 2021 to EUR 330,609 in 2024 and headcount from 2.1 to 2.8 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Equity
€92,975▲ 3.3%
2023 · €89,977
Total assets
€330,609▼ 24.7%
2023 · €439,274
Net result
€2,998▼ 89.1%
2023 · €27,611
Working capital
-€63,507▼ 17.0%
2023 · -€54,301
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result€22,453-€27,889▲ 24.2%€47,922▲ 71.8%€14,519▼ 69.7%
Net result€6,881below the sector's middle half-€14,985within the sector's middle half▲ 118%€27,611within the sector's middle half▲ 84.3%€2,998below the sector's middle half▼ 89.1%
Equity€51,881within the sector's middle half-€66,866within the sector's middle half▲ 28.9%€89,977within the sector's middle half▲ 34.6%€92,975within the sector's middle half▲ 3.3%
Total assets€533,640above the sector's middle half-€527,574above the sector's middle half▼ 1.1%€439,274within the sector's middle half▼ 16.7%€330,609within the sector's middle half▼ 24.7%
Debt€481,759-€460,708▼ 4.4%€349,297▼ 24.2%€237,634▼ 32.0%
Working capital-€46,852below the sector's middle half--€58,621below the sector's middle half▼ 25.1%-€54,301below the sector's middle half▲ 7.4%-€63,507below the sector's middle half▼ 17.0%
Solvency9.7%below the sector's middle half-12.7%below the sector's middle half▲ 3.0pp20.5%below the sector's middle half▲ 7.8pp28.1%below the sector's middle half▲ 7.6pp
Current ratio0.73below the sector's middle half-0.75below the sector's middle half▲ 0.020.77below the sector's middle half▲ 0.020.69below the sector's middle half▼ 0.08
Return on assets (ROA)1.3%below the sector's middle half-2.8%below the sector's middle half▲ 1.6pp6.3%within the sector's middle half▲ 3.4pp0.9%below the sector's middle half▼ 5.4pp
Staff (FTE)2.1-2.9▲ 38.1%2.7▼ 6.9%2.8▲ 3.7%
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2021: €22,453€22,453Net result 2021: €6,881€6,881Operating result 2022: €27,889€27,889Net result 2022: €14,985€14,985Operating result 2023: €47,922€47,922Net result 2023: €27,611€27,611Operating result 2024: €14,519€14,519Net result 2024: €2,998€2,9982021202220232024€0€20,000€40,000Operating result 2022: €27,889€27,900Net result 2022: €14,985€15,000Operating result 2023: €47,922€47,900Net result 2023: €27,611€27,600Operating result 2024: €14,519€14,500Net result 2024: €2,998€3,000202220232024
The operating result falls in 2024; 2024 is 70% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €330,609
Fixed assets €187,474 ▼ 27.8%
Current assets €143,135 ▼ 20.4%
Equity and liabilities €330,609
Equity €92,975 ▲ 3.3%
Debt €237,634 ▼ 32.0%
Debt's share of the balance-sheet total falls from 79.5% to 71.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€125,786▼
2023 · €150,604
Cash flow
€114,265▼
2023 · €130,293
Debt to equity
2.56▼
2023 · 3.88
ROE
3.2%▼
2023 · 30.7%
Interest coverage
29.12▼
2023 · 44.35
Debt ≤ 1 year
€206,641▼
2023 · €234,083
Debt > 1 year
€30,992▼
2023 · €106,905
Income taxes
€7,202▼
2023 · €10,368
Staff costs
€158,427▲
2023 · €150,207
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,275 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.5% went bankrupt
2.5% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet Code20232024
Assets
Total assets20/58€439,274€330,609▼
Fixed assets21/28€259,492€187,474▼
Intangible fixed assets21€219,665€129,133▼
Tangible fixed assets22/27€39,828€58,342▲
Plant, machinery and equipment23€4,338€3,218▼
Furniture and vehicles24€12,401€12,265▼
Leasing and similar rights25€23,089€42,859▲
Current assets29/58€179,781€143,135▼
Amounts receivable within one year40/41€96,395€116,626▲
Trade receivables40€96,390€110,347▲
Other amounts receivable41€5€6,279▲
Cash at bank and in hand54/58€68,111€10,501▼
Deferred charges and accrued income490/1€15,275€16,008▲
Equity and liabilities
Total equity and liabilities10/49€439,274€330,609▼
Equity10/15€89,977€92,975▲
Contributions10/11€45,000€45,000=
Reserves13€44,977€47,975▲
Distributable reserves133€44,977€47,975▲
Profit (loss) carried forward14-€0
Amounts payable17/49€349,297€237,634▼
Amounts payable after more than one year17€106,905€30,992▼
Financial debts170/4€106,905€30,992▼
Amounts payable within one year42/48€234,083€206,641▼
Current portion of amounts payable after more than one year42€116,872€102,148▼
Trade debts44€84,415€81,889▼
Suppliers440/4€84,415€81,889▼
Taxes, remuneration and social security45€28,296€22,604▼
Taxes450/3€12,618€6,107▼
Remuneration and social security454/9€15,678€16,498▲
Other amounts payable47/48€4,500€0▼
Accrued charges and deferred income492/3€8,309€0▼
Income statement Code20232024
Remuneration, social security and pensions62€150,207€158,427▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€102,682€111,267▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1,860€1,215▲
Other operating charges640/8€3,428€2,519▼
Non-recurring operating charges66A-€1,500
Gross operating margin9900€302,380€289,447▼
Operating profit (loss)9901€47,922€14,519▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€9,944€4,320▼
Recurring financial charges65€3,395€4,320▲
Non-recurring financial charges66B€6,548€0▼
Profit (loss) for the period before taxes9903€37,979€10,200▼
Income taxes67/77€10,368€7,202▼
Profit (loss) for the period9904€27,611€2,998▼
Profit (loss) for the period to be appropriated9905€27,611€2,998▼
Appropriation of the result
Profit (loss) to be appropriated9906€27,611€2,998▼
Transfer to equity691/2€23,111€2,998▼
To other reserves6921€23,111€2,998▼
Profit to be distributed694/7€4,500€0▼
Employees696€4,500€0▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Remuneration, social security and pensions62€206,834€150,113€150,207€158,427▲ 5.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€151,868€96,090€102,682€111,267▲ 8.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1,860-€1,860€1,215▲ 165%
Other operating charges640/8€1,644€1,139€3,428€2,519▼ 26.5%
Non-recurring operating charges66A---€1,500-
Gross operating margin9900€382,798€277,091€302,380€289,447▼ 4.3%
Operating profit (loss)9901€22,453€27,889€47,922€14,519▼ 69.7%
Financial income75/76B€1€2€0€0▲ 1,100%
Recurring financial income75€1€2€0€0▲ 1,100%
Financial charges65/66B€9,073€4,406€9,944€4,320▼ 56.6%
Recurring financial charges65€9,073€4,406€3,395€4,320▲ 27.2%
Non-recurring financial charges66B--€6,548€0▼ 100%
Profit (loss) for the period before taxes9903€13,381€23,485€37,979€10,200▼ 73.1%
Income taxes67/77€6,500€8,500€10,368€7,202▼ 30.5%
Profit (loss) for the period9904€6,881€14,985€27,611€2,998▼ 89.1%
Profit (loss) for the period to be appropriated9905€6,881€14,985€27,611€2,998▼ 89.1%
Line2021202220232024Change
Assets
Total assets20/58€533,640€527,574€439,274€330,609▼ 24.7%
Fixed assets21/28€410,089€352,689€259,492€187,474▼ 27.8%
Intangible fixed assets21€400,229€308,562€219,665€129,133▼ 41.2%
Tangible fixed assets22/27€9,861€44,127€39,828€58,342▲ 46.5%
Plant, machinery and equipment23-€4,123€4,338€3,218▼ 25.8%
Furniture and vehicles24€9,861€10,795€12,401€12,265▼ 1.1%
Leasing and similar rights25-€29,209€23,089€42,859▲ 85.6%
Current assets29/58€123,550€174,885€179,781€143,135▼ 20.4%
Amounts receivable within one year40/41€67,311€41,747€96,395€116,626▲ 21.0%
Trade receivables40€67,311€41,351€96,390€110,347▲ 14.5%
Other amounts receivable41-€396€5€6,279▲ 125,470%
Cash at bank and in hand54/58€49,174€122,404€68,111€10,501▼ 84.6%
Deferred charges and accrued income490/1€7,065€10,734€15,275€16,008▲ 4.8%
Equity and liabilities
Total equity and liabilities10/49€533,640€527,574€439,274€330,609▼ 24.7%
Equity10/15€51,881€66,866€89,977€92,975▲ 3.3%
Contributions10/11€45,000€45,000€45,000€45,000=
Reserves13€6,881€21,866€44,977€47,975▲ 6.7%
Distributable reserves133€6,881€21,866€44,977€47,975▲ 6.7%
Profit (loss) carried forward14---€0-
Amounts payable17/49€481,759€460,708€349,297€237,634▼ 32.0%
Amounts payable after more than one year17€310,936€223,777€106,905€30,992▼ 71.0%
Financial debts170/4€310,936€223,777€106,905€30,992▼ 71.0%
Amounts payable within one year42/48€170,403€233,507€234,083€206,641▼ 11.7%
Current portion of amounts payable after more than one year42€109,664€116,240€116,872€102,148▼ 12.6%
Trade debts44€36,419€77,380€84,415€81,889▼ 3.0%
Suppliers440/4€36,419€77,380€84,415€81,889▼ 3.0%
Taxes, remuneration and social security45€24,319€39,887€28,296€22,604▼ 20.1%
Taxes450/3€12,197€15,489€12,618€6,107▼ 51.6%
Remuneration and social security454/9€12,123€24,398€15,678€16,498▲ 5.2%
Other amounts payable47/48--€4,500€0▼ 100%
Accrued charges and deferred income492/3€420€3,424€8,309€0▼ 100%
Line2021202220232024Change
Profit (loss) for the period9904€6,881€14,985€27,611€2,998▼ 89.1%
+ Depreciation and write-downs630€151,868€96,090€102,682€111,267▲ 8.4%
Operating cash flow (approximation)€158,749€111,075€130,293€114,265▼ 12.3%
Investment in fixed assets (approximation)--€38,689-€9,485-€39,249▼ 314%
Change in cash-€73,230-€54,293-€57,610▼ 6.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-06
State Gazette act Name clause · Registered office clause
Duration · Capital
19-06
State Gazette act General meeting · Director resignation
Director discharge · Director appointment
15-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
01-06
State Gazette act Incorporation · Founder
Other statement · Founding capital
29-05
State Gazette act General meeting · Director resignation
Director discharge · Director appointment
29-05
State Gazette act General meeting · Director resignation
Director discharge · Director appointment
29-05
State Gazette act General meeting · Director resignation
Director appointment · Permanent representative
29-05
State Gazette act Incorporation · Founder
Founding capital · Other statement
08-05
State Gazette act Incorporation · Founder
Founding capital · Other statement
2025
22-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €2,998 ▼89.1%
Net result drops to €2,998, the lowest in the series.
15-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Show earlier events
2023
31-12
Financial Highest result since 2021net €27,611 ▲84.3%
Operating result €47,922, net result €27,611, both a record.
05-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
917 m²
Building footprint
400 m²
Volume, LiDAR
1,409 m³
Parcel 46002A0245/00L000, Flanders · tallest building 15.0 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
V PARTNERS
Marktstraat 24, 9111 Sint-NiklaasLegal and accounting activities
since 20202.300.759.628
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46002A0245/00L000 Flanders 917 m² 1 · 400 m² 15.0 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 10,345 EUR awarded · 10,345 EUR paid
Year Entries awardedpaid
2025 1 2,895 EUR2,936 EUR
2024 1 2,339 EUR2,298 EUR
2023 1 3,308 EUR3,308 EUR
2022 1 1,803 EUR1,803 EUR
Schemes
4 entries · 10,345 EUR · 10,345 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 12,173 companies in this sector we hold annual accounts for 7,643. 6,459 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded19-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID 0208:0745527449
Also 9925:BE0745527449
Registered 02-04-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.