V&V
ActiveSummary
The computed 12-month bankruptcy probability of V&V is 3.1% (moderate). The annual accounts of V&V for fiscal year 2025 show a net loss of 217% of total assets and of 72% of the equity at the start of that year. The 2025 annual accounts show equity of €7k and a net result of €-18k. Equity is shrinking by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 88% of 27965 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-77
Solvency100=
Growth22▼-13
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
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 ample (current ratio 5.7 against 13.03 in 2024; short-term debt: 16% and cash: 16.6% of total assets), and 16% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
84%
Return on assets
-217.1%
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 · 4 filingsDeviation from the deadline
2025
27 d late
2024
87 d late
2023
67 d late
2022
119 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€104k▼ 7.3%
2024 · €112k
EBIT margin
-16.1%▼ 22.0pp
2024 · 5.9%
Net result
€-18k
2024 · €4k
Working capital
€6k▼ 75.0%
2024 · €24k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Turnover€187k-€110k▼ 41.1%€112k▲ 2.1%€104k▼ 7.3%
Operating result€24k-€2k▼ 91.5%€7k▲ 223%€-17k
Net result€17k-€245▼ 98.6%€4k▲ 1,615%€-18k
EBIT margin12.9%-1.9%▼ 11.1pp5.9%▲ 4.0pp-16.1%▼ 22.0pp
Equity€20k-€20k▲ 1.2%€24k▲ 20.8%€7k▼ 72.1%
Total assets€40k-€27k▼ 33.1%€26k▼ 0.9%€8k▼ 69.3%
Debt€20k-€6k▼ 67.5%€2k▼ 68.6%€1k▼ 35.9%
Working capital€20k-€20k▲ 1.2%€24k▲ 20.8%€6k▼ 75.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €17k after €7k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8k
Fixed assets
€694
Current assets
€7k
Equity and liabilities €8k
Equity
€7k ▼ 72.1%
Debt
€1k ▼ 35.9%
Debt's share of the balance-sheet total rises from 7.7% to 16.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-17k
Cash flow
€-17k
Current ratio
5.70▼
2024 · 13.03
Debt to equity
0.19▲
2024 · 0.08
ROE
-258.6%▼
2024 · 17.2%
ROA
-217.1%▼
2024 · 15.9%
Interest coverage
-19.63
Debt ≤ 1 year
€1k▼
2024 · €2k
Income taxes
€-37▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €187k | €110k | €112k | €104k | ▼ 7.3% |
| Non-recurring operating income76A | €1k | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €162k | €108k | €106k | €121k | ▲ 14.2% |
| Remuneration, social security and pensions62 | - | €607 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €149 | - |
| Other operating charges640/8 | €907 | €625 | €449 | €400 | ▼ 11.0% |
| Non-recurring operating charges66A | €62 | - | €58 | €53 | ▼ 8.6% |
| Gross operating margin9900 | €25k | €3k | €7k | €-16k | ▼ 328% |
| Operating profit (loss)9901 | €24k | €2k | €7k | €-17k | ▼ 354% |
| Financial income75/76B | €0 | €2 | €27 | €0 | ▼ 99.9% |
| Recurring financial income75 | €0 | €2 | €27 | €0 | ▼ 99.9% |
| Financial charges65/66B | €2k | €2k | €1k | €847 | ▼ 36.2% |
| Recurring financial charges65 | €2k | €2k | €1k | €847 | ▼ 36.2% |
| Profit (loss) for the period before taxes9903 | €22k | €478 | €5k | €-18k | ▼ 433% |
| Income taxes67/77 | €4k | €233 | €1k | €-37 | ▼ 103% |
| Profit (loss) for the period9904 | €17k | €245 | €4k | €-18k | ▼ 519% |
| Profit (loss) for the period to be appropriated9905 | €17k | €245 | €4k | €-18k | ▼ 519% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €40k | €27k | €26k | €8k | ▼ 69.3% |
| Fixed assets21/28 | - | - | - | €694 | - |
| Tangible fixed assets22/27 | - | - | - | €694 | - |
| Plant, machinery and equipment23 | - | - | - | €694 | - |
| Current assets29/58 | €40k | €27k | €26k | €7k | ▼ 72.0% |
| Amounts receivable within one year40/41 | €8k | €3k | €5k | €6k | ▲ 14.6% |
| Trade receivables40 | €5k | €545 | €3k | €5k | ▲ 54.8% |
| Other amounts receivable41 | €3k | €2k | €2k | €1k | ▼ 50.0% |
| Cash at bank and in hand54/58 | €31k | €24k | €21k | €1k | ▼ 93.6% |
| Deferred charges and accrued income490/1 | €751 | - | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €40k | €27k | €26k | €8k | ▼ 69.3% |
| Equity10/15 | €20k | €20k | €24k | €7k | ▼ 72.1% |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €17k | €18k | €22k | €4k | ▼ 80.4% |
| Amounts payable17/49 | €20k | €6k | €2k | €1k | ▼ 35.9% |
| Amounts payable within one year42/48 | €20k | €6k | €2k | €1k | ▼ 35.9% |
| Trade debts44 | €188 | €93 | €697 | €82 | ▼ 88.3% |
| Suppliers440/4 | €188 | €93 | €697 | €82 | ▼ 88.3% |
| Taxes, remuneration and social security45 | €4k | €233 | €1k | - | - |
| Taxes450/3 | €4k | €233 | €1k | - | - |
| Other amounts payable47/48 | €15k | €6k | - | €1k | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €245 | €4k | €-18k | ▼ 519% |
| + Depreciation and write-downs630 | - | - | - | €149 | - |
| Operating cash flow (approximation) | €17k | €245 | €4k | €-17k | ▼ 515% |
| Change in cash | - | €-7k | €-3k | €-20k | ▼ 583% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
26-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 87 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 13.03
Current ratio from 4.13 to 13.03; short-term debt falls from €6k to €2k.
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 4.13
Current ratio from 2.00 to 4.13; short-term debt falls from €20k to €6k.
27-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 119 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Leopoldsburg · 1 establishment unit since 2021
Ground area
103 m²
Building footprint
93 m²
Volume, LiDAR
690 m³
Parcel 71034A0437/00A000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
V&V BV
since 20212.314.909.255
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71034A0437/00A000 | Flanders | 103 m² | 1 · 93 m² | 10.3 m · 3 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.
Similar companies · same sector, comparable size
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Of 4,019 companies in sector 43310 we hold annual accounts for 1,746. 898 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
43341Painting of buildings
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.