V.T.P.S.
ActiveThe computed 12-month bankruptcy probability of V.T.P.S. is 2.0% (moderate). The 2025 annual accounts show equity of €29k and a net result of €2k. Equity is shrinking by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 16% of 27711 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▼-31
Solvency38=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.99 in 2024; short-term debt: 27.7% and cash: 20.8% of total assets), and 87% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
13%
Return on assets
1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 27711 sector peers (2025).
NBB · sector comparisonPosition among 27711 sector peers
Solvency
better than 16%
← 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 03-06-2026, 58 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
58 d early
2024
42 d early
2023
23 d late
2022
30 d late
2021
51 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k▼ 21.0%
2024 · €37k
2021: €62k
2022: €74k
2023: €75k
2024: €37k
2021 → 2025
Total assets
€223k▼ 19.2%
2024 · €276k
2021: €120k
2022: €136k
2023: €289k
2024: €276k
2021 → 2025
Net result
€2k▼ 92.2%
2024 · €30k
2021: €60k
2022: €12k
2023: €1k
2024: €30k
2021 → 2025
Working capital
€-4k▼ 298%
2024 · €-886
2021: €38k
2022: €48k
2023: €38k
2024: €-886
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€62k-€74k▲ 19.8%€75k▲ 1.7%€37k▼ 51.1%€29k▼ 21.0%
Operating result€77k-€18k▼ 77.0%€14k▼ 23.3%€50k▲ 270%€9k▼ 81.8%
Net result€60k-€12k▼ 79.6%€1k▼ 89.9%€30k▲ 2,305%€2k▼ 92.2%
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 82% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €223k
Fixed assets
€165k▼ 6.7%
Current assets
€58k▼ 41.4%
Equity and liabilities €223k
Equity
€29k▼ 21.0%
Debt
€194k▼ 19.0%
The debt ratio rises from 86.7% to 87.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€23k▼
2024 · €67k
Cash flow
€16k▼
2024 · €47k
Solvency
13.0%▼
2024 · 13.3%
Current ratio
0.94▼
2024 · 0.99
Quick ratio
0.94▲
2024 · 0.88
Debt / equity
6.67▲
2024 · 6.51
ROE
7.9%▼
2024 · 80.5%
ROA
1.0%▼
2024 · 10.7%
Interest coverage
3.75▼
2024 · 6.88
Debt
€194k▼
2024 · €239k
Debt ≤ 1 year
€62k▼
2024 · €100k
Debt > 1 year
€132k▼
2024 · €138k
Income taxes
€2k▼
2024 · €11k
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€276k€223k▼
Fixed assets21/28€176k€165k▼
Tangible fixed assets22/27€176k€165k▼
Plant, machinery and equipment23€169k€160k▼
Furniture and vehicles24€7k€4k▼
Current assets29/58€99k€58k▼
Stocks and contracts in progress3€11k-
Contracts in progress37€11k-
Amounts receivable within one year40/41€19k€9k▼
Trade receivables40€5k€4k▼
Other amounts receivable41€14k€6k▼
Cash at bank and in hand54/58€65k€46k▼
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€276k€223k▼
Equity10/15€37k€29k▼
Contributions10/11€2k€2k=
Reserves13€35k€27k▼
Distributable reserves133€35k€27k▼
Amounts payable17/49€239k€194k▼
Amounts payable after more than one year17€138k€132k▼
Financial debts170/4€138k€132k▼
Amounts payable within one year42/48€100k€62k▼
Current portion of amounts payable after more than one year42€27k€10k▼
Financial debts43€25k€25k=
Credit institutions430/8€25k€25k=
Trade debts44€35k€18k▼
Suppliers440/4€35k€18k▼
Taxes, remuneration and social security45€11k€2k▼
Taxes450/3€11k€2k▼
Other amounts payable47/48€2k€7k▲
Accrued charges and deferred income492/3€583€483▼
Income statement
Code20242025
Non-recurring operating income76A-€8k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€14k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€70k€24k▼
Operating profit (loss)9901€50k€9k▼
Financial income75/76B€585€1k▲
Recurring financial income75€585€1k▲
Financial charges65/66B€10k€6k▼
Recurring financial charges65€10k€6k▼
Profit (loss) for the period before taxes9903€41k€4k▼
Income taxes67/77€11k€2k▼
Profit (loss) for the period9904€30k€2k▼
Profit (loss) for the period to be appropriated9905€30k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€2k▼
Transfer from equity791/2€68k€10k▼
Transfer to equity691/2€30k€2k▼
To other reserves6921€30k€2k▼
Profit to be distributed694/7€68k€10k▼
Return on contributions (dividend)694€68k€10k▼
The notes to these accounts (8 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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €1k ▼89.9%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lubbeek · 1 establishment unit since 2020
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.
Kloosterblok(LUB) 93210 LubbeekGround area
499 m²
Building footprint
99 m²
Volume, LiDAR
495 m³
Parcel 24066E0090/00S000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
V.T.P.S.
since 20202.305.179.561
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24066E0090/00S000 | Flanders | 499 m² | 1 · 99 m² | 7.9 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.
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BEN VAN RIEL
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Of 3,963 companies in sector 43331 we hold annual accounts for 1,791. 1,476 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-2020
Fiscal year end31-12
Activities, NACEBEL
43331Floor and wall tiling
41001General construction of residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
43110Demolition
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
43310Plastering work
43320Joinery installation
70200Business and other management consultancy
70220Business consulting
78100Employment placement agencies
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:peter.staudt@telenet.be