V-XPERT
ActiveSummary
V-XPERT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,599 and a net result of €62,754. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 54% of 17239 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency88▲+17
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.24 in 2024; short-term debt: 36.7% and cash: 20.2% of total assets), and 36.7% of the assets are financed with debt.
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Signals
Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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 dateAge against the risk zone
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
63.3%
Return on assets
138.8%
Age of the figures
9 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 11-06-2026, 50 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
50 d early
2024
49 d early
2023
48 d early
2022
5 d early
2021
18 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 34 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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 14 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€28,599▲ 14.0%
2024 · €25,078
Total assets
€45,197▼ 16.2%
2024 · €53,942
Net result
€62,754▲ 38.3%
2024 · €45,360
Working capital
€9,986▲ 47.3%
2024 · €6,778
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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 62, Computer programming, consultancy and related 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
Line20212022202320242025
Operating result€43,896-€54,300▲ 23.7%€59,053▲ 8.8%€59,937▲ 1.5%€79,196▲ 32.1%
Net result€26,291within the sector's middle half-€33,589within the sector's middle half▲ 27.8%€36,969within the sector's middle half▲ 10.1%€45,360within the sector's middle half▲ 22.7%€62,754above the sector's middle half▲ 38.3%
Equity€26,291below the sector's middle half-€59,880within the sector's middle half▲ 128%€28,724within the sector's middle half▼ 52.0%€25,078below the sector's middle half▼ 12.7%€28,599within the sector's middle half▲ 14.0%
Total assets€88,168within the sector's middle half-€98,233within the sector's middle half▲ 11.4%€68,435below the sector's middle half▼ 30.3%€53,942below the sector's middle half▼ 21.2%€45,197below the sector's middle half▼ 16.2%
Debt€61,877-€38,352▼ 38.0%€39,711▲ 3.5%€28,864▼ 27.3%€16,599▼ 42.5%
Working capital€17,069within the sector's middle half-€43,655within the sector's middle half▲ 156%€11,179below the sector's middle half▼ 74.4%€6,778below the sector's middle half▼ 39.4%€9,986within the sector's middle half▲ 47.3%
Solvency29.8%below the sector's middle half-61.0%within the sector's middle half▲ 31.1pp42.0%within the sector's middle half▼ 19.0pp46.5%within the sector's middle half▲ 4.5pp63.3%within the sector's middle half▲ 16.8pp
Current ratio1.60within the sector's middle half-3.79within the sector's middle half▲ 2.181.40within the sector's middle half▼ 2.391.24below the sector's middle half▼ 0.161.60within the sector's middle half▲ 0.37
Return on assets (ROA)29.8%above the sector's middle half-34.2%above the sector's middle half▲ 4.4pp54.0%above the sector's middle half▲ 19.8pp84.1%above the sector's middle half▲ 30.1pp138.8%above the sector's middle half▲ 54.8pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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
The operating result has risen four years in a row; 2025 is 32% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45,197
Fixed assets
€18,612 ▲ 1.4%
Current assets
€26,585 ▼ 25.3%
Equity and liabilities €45,197
Equity
€28,599 ▲ 14.0%
Debt
€16,599 ▼ 42.5%
Debt's share of the balance-sheet total falls from 53.5% to 36.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€82,494▲
2024 · €72,161
Cash flow
€66,053▲
2024 · €57,584
Debt to equity
0.58▼
2024 · 1.15
ROE
219.4%▲
2024 · 180.9%
Interest coverage
291.12▲
2024 · 155.76
Debt ≤ 1 year
€16,599▼
2024 · €28,812
Income taxes
€16,159▲
2024 · €14,113
Staff costs
€113▼
2024 · €849
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
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%.
| 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 26,975 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €80 | €160 | - | €849 | €113 | ▼ 86.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,853 | €11,964 | €12,386 | €12,224 | €3,298 | ▼ 73.0% |
| Other operating charges640/8 | €1,375 | €6 | €1,156 | €229 | - | - |
| Gross operating margin9900 | €56,204 | €66,430 | €72,595 | €73,239 | €82,607 | ▲ 12.8% |
| Operating profit (loss)9901 | €43,896 | €54,300 | €59,053 | €59,937 | €79,196 | ▲ 32.1% |
| Financial income75/76B | €0 | €0 | €0 | €0 | €0 | ▲ 1,950% |
| Recurring financial income75 | €0 | €0 | €0 | €0 | €0 | ▲ 1,950% |
| Financial charges65/66B | €9,171 | €10,002 | €10,159 | €463 | €283 | ▼ 38.8% |
| Recurring financial charges65 | €9,171 | €10,002 | €10,159 | €463 | €283 | ▼ 38.8% |
| Profit (loss) for the period before taxes9903 | €34,725 | €44,298 | €48,894 | €59,473 | €78,913 | ▲ 32.7% |
| Income taxes67/77 | €8,433 | €10,709 | €11,925 | €14,113 | €16,159 | ▲ 14.5% |
| Profit (loss) for the period9904 | €26,291 | €33,589 | €36,969 | €45,360 | €62,754 | ▲ 38.3% |
| Profit (loss) for the period to be appropriated9905 | €26,291 | €33,589 | €36,969 | €45,360 | €62,754 | ▲ 38.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €88,168 | €98,233 | €68,435 | €53,942 | €45,197 | ▼ 16.2% |
| Fixed assets21/28 | €42,875 | €38,918 | €29,037 | €18,352 | €18,612 | ▲ 1.4% |
| Tangible fixed assets22/27 | €42,875 | €36,418 | €26,537 | €15,852 | €16,112 | ▲ 1.6% |
| Furniture and vehicles24 | €42,875 | €32,835 | €21,027 | €11,209 | €4,133 | ▼ 63.1% |
| Leasing and similar rights25 | - | - | - | - | €8,204 | - |
| Other tangible fixed assets26 | - | €3,584 | €5,510 | €4,643 | €3,776 | ▼ 18.7% |
| Financial fixed assets28 | - | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Current assets29/58 | €45,293 | €59,314 | €39,398 | €35,590 | €26,585 | ▼ 25.3% |
| Amounts receivable within one year40/41 | €14,197 | €27,529 | €15,649 | €18,344 | €15,688 | ▼ 14.5% |
| Trade receivables40 | €12,128 | €15,118 | €14,270 | €17,182 | €15,222 | ▼ 11.4% |
| Other amounts receivable41 | €2,069 | €12,412 | €1,379 | €1,162 | €466 | ▼ 59.9% |
| Cash at bank and in hand54/58 | €24,977 | €31,200 | €22,713 | €15,984 | €9,118 | ▼ 43.0% |
| Deferred charges and accrued income490/1 | €6,119 | €585 | €1,037 | €1,262 | €1,779 | ▲ 41.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €88,168 | €98,233 | €68,435 | €53,942 | €45,197 | ▼ 16.2% |
| Equity10/15 | €26,291 | €59,880 | €28,724 | €25,078 | €28,599 | ▲ 14.0% |
| Profit (loss) carried forward14 | €26,291 | €59,880 | €28,724 | €25,078 | €28,599 | ▲ 14.0% |
| Amounts payable17/49 | €61,877 | €38,352 | €39,711 | €28,864 | €16,599 | ▼ 42.5% |
| Amounts payable after more than one year17 | €33,615 | €22,652 | €11,449 | €0 | - | - |
| Financial debts170/4 | €33,615 | €22,652 | €11,449 | €0 | - | - |
| Amounts payable within one year42/48 | €28,225 | €15,659 | €28,219 | €28,812 | €16,599 | ▼ 42.4% |
| Current portion of amounts payable after more than one year42 | €10,728 | €10,963 | €11,203 | €11,449 | - | - |
| Trade debts44 | €2,412 | €300 | €376 | €478 | €845 | ▲ 76.7% |
| Suppliers440/4 | €2,412 | €300 | €376 | €478 | €845 | ▲ 76.7% |
| Taxes, remuneration and social security45 | €9,024 | €4,389 | €7,759 | €16,886 | €15,412 | ▼ 8.7% |
| Taxes450/3 | €9,024 | €4,389 | €7,759 | €16,886 | €15,412 | ▼ 8.7% |
| Other amounts payable47/48 | €6,061 | €7 | €8,881 | €0 | €342 | - |
| Accrued charges and deferred income492/3 | €37 | €41 | €43 | €52 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,291 | €33,589 | €36,969 | €45,360 | €62,754 | ▲ 38.3% |
| + Depreciation and write-downs630 | €10,853 | €11,964 | €12,386 | €12,224 | €3,298 | ▼ 73.0% |
| Operating cash flow (approximation) | €37,144 | €45,553 | €49,355 | €57,584 | €66,053 | ▲ 14.7% |
| Investment in fixed assets (approximation) | - | -€8,007 | -€2,505 | -€1,539 | -€3,558 | ▼ 131% |
| Change in cash | - | €6,222 | -€8,487 | -€6,728 | -€6,867 | ▼ 2.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €62,754 ▲38.3%
Operating result €79,196, net result €62,754, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 3.79
Current ratio from 1.60 to 3.79; short-term debt falls from €28,225 to €15,659.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB 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.
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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, Anderlues · 1 establishment unit since 2020
Ground area
1,756 m²
Building footprint
92 m²
Volume, LiDAR
776 m³
Parcel 56001A0260/00H002, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
V-XPERT
since 20202.311.346.187
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56001A0260/00H002 | Wallonia | 1,756 m² | 1 · 92 m² | 10.4 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.
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Of 3,214 companies in this sector we hold annual accounts for 1,748. 1,231 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
Founded15-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
43211General electrical installation work
95100Repair and maintenance of computers and communication equipment
Contact
E-mail
laurent.leprince@v-expert.beAnderlues
Phone
+32478580441Anderlues
E-invoicing
Reachable via Peppol
Peppol ID
0208:0759818321
Also
9925:BE0759818321
Registered
20-03-2025
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.