V.R.S.
ActiveV.R.S. has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €24k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 49% of 1526 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▼-5
Solvency57▼-2
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.34 in 2024; short-term debt: 38.7% and cash: 13.3% of total assets), and 68.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.6%
Return on assets
16.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
1 d early
2023
30 d late
2022
29 d late
2021
4 d late
2020
93 d early
2019
on the day
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▼ 19.0%
2024 · €57k
2018: €52k
2019: €22k
2020: €22k
2021: €22k
2022: €15k
2023: €21k
2024: €57k
2018 → 2025
Total assets
€145k▼ 13.6%
2024 · €168k
2018: €265k
2019: €277k
2020: €242k
2021: €198k
2022: €231k
2023: €199k
2024: €168k
2018 → 2025
Net result
€24k▼ 31.6%
2024 · €35k
2018: €15k
2019: €33k
2020: €24k
2021: €53k
2022: €-7k
2023: €6k
2024: €35k
2018 → 2025
Working capital
€18k▼ 2.2%
2024 · €18k
2018: €21k
2019: €-18k
2020: €-11k
2021: €-36k
2022: €-54k
2023: €-15k
2024: €18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€15k▼ 32.5%€21k▲ 42.8%€57k▲ 167%€46k▼ 19.0%
Operating result€70k-€946▼ 98.7%€20k▲ 1,998%€59k▲ 198%€39k▼ 33.5%
Net result€53k-€-7k€6k€35k▲ 457%€24k▼ 31.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €145k
Fixed assets
€71k▼ 25.9%
Current assets
€74k▲ 3.1%
Equity and liabilities €145k
Equity
€46k▼ 19.0%
Debt
€99k▼ 10.8%
The debt ratio rises from 66.3% to 68.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€63k▼
2024 · €82k
Cash flow
€48k▼
2024 · €58k
Solvency
31.6%▼
2024 · 33.7%
Current ratio
1.31▼
2024 · 1.34
Quick ratio
0.94▲
2024 · 0.92
Debt / equity
2.16▲
2024 · 1.97
ROE
52.8%▼
2024 · 62.6%
ROA
16.7%▼
2024 · 21.1%
Interest coverage
11.83▲
2024 · 9.06
Debt
€99k▼
2024 · €111k
Debt ≤ 1 year
€56k▲
2024 · €54k
Debt > 1 year
€43k▼
2024 · €58k
Income taxes
€10k▼
2024 · €15k
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€168k€145k▼
Fixed assets21/28€96k€71k▼
Intangible fixed assets21€22k€7k▼
Tangible fixed assets22/27€73k€65k▼
Land and buildings22€68k€61k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€2k€0▼
Current assets29/58€72k€74k▲
Stocks and contracts in progress3€22k€21k▼
Stocks30/36€22k€21k▼
Amounts receivable within one year40/41€9k€14k▲
Trade receivables40€8k€9k▲
Other amounts receivable41€1k€6k▲
Cash at bank and in hand54/58€20k€19k▼
Deferred charges and accrued income490/1€21k€19k▼
Equity and liabilities
Total equity and liabilities10/49€168k€145k▼
Equity10/15€57k€46k▼
Contributions10/11€19k€19k=
Reserves13€38k€27k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€0-
Other1319€2k€2k=
Distributable reserves133€36k€25k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€111k€99k▼
Amounts payable after more than one year17€58k€43k▼
Financial debts170/4€58k€43k▼
Amounts payable within one year42/48€54k€56k▲
Current portion of amounts payable after more than one year42€25k€13k▼
Financial debts43€2k€2k▼
Credit institutions430/8€0-
Other loans439€2k€2k▼
Trade debts44€10k€15k▲
Suppliers440/4€10k€15k▲
Taxes, remuneration and social security45€16k€25k▲
Taxes450/3€16k€25k▲
Other amounts payable47/48€1k€2k▲
Income statement
Code20242025
Non-recurring operating income76A€3k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k▲
Other operating charges640/8€2k€848▼
Gross operating margin9900€84k€64k▼
Operating profit (loss)9901€59k€39k▼
Financial income75/76B€20€21▲
Recurring financial income75€20€21▲
Financial charges65/66B€9k€5k▼
Recurring financial charges65€9k€5k▼
Profit (loss) for the period before taxes9903€50k€34k▼
Income taxes67/77€15k€10k▼
Profit (loss) for the period9904€35k€24k▼
Profit (loss) for the period to be appropriated9905€35k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€24k▼
Profit (loss) brought forward from the previous period14P€-794€0▲
Transfer from equity791/2-€35k
Transfer to equity691/2€35k€24k▼
To other reserves6921€35k€24k▼
Profit to be distributed694/7-€35k
Return on contributions (dividend)694-€35k
The notes to these accounts (17 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-7k ▼114%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Highest result since 2018net €53k ▲120%
Operating result €70k, net result €53k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kapelle-op-den-Bos · 1 establishment unit since 2016
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.
Tisseltstraat 451880 Kapelle-op-den-BosGround area
2,490 m²
Building footprint
227 m²
Volume, LiDAR
1,246 m³
Parcel 23067A0137/00N000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
V.R.S
since 20162.249.271.236
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23067A0137/00N000 | Flanders | 2,490 m² | 1 · 227 m² | 7.4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKapelle-op-den-Bos2.249.271.236
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Of 87 companies in sector 10860 we hold annual accounts for 47. 27 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2016
Fiscal year end31-12
Activities, NACEBEL
10860Manufacture of food products
47279Other retail sale of food
47299Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:Ruud.Verholen@telenet.be
Phone:0475/86.91.99