V12 GROUP
The computed 12-month bankruptcy probability of V12 GROUP is 7.9% (elevated). The 2024 annual accounts show equity of €4k and a net result of €-5k. Equity is shrinking by ~36.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 95% of 6710 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €4k |
| Net result | €-5k |
| Better than sector | 95% |
| Active | 6 yrs |
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 94.6% | 37.3% | |
| Net result | €-5k | €6k | |
| Equity | €4k | €34k | |
| Total assets | €4k | €108k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | - | €-199 | €-6k | €16k | €11k |
| Net profit | €-5k | €-4k | €-10k | €11k | €8k |
| Cash flow | - | €-261 | €-6k | €14k | €10k |
| Staff costs | - | - | - | €94 | - |
| Income taxes | - | - | - | €3k | €1k |
| Dividends | - | - | - | - | - |
| Total assets | €4k | €13k | €17k | €29k | €27k |
| Equity | €4k | €9k | €13k | €23k | €11k |
| Debt | €224 | €4k | €4k | €6k | €15k |
| of which ≤ 1y | €224 | €4k | €4k | €6k | €15k |
| of which > 1y | - | - | - | - | - |
| Working capital | €4k | €4k | €4k | €10k | €2k |
| Employees (FTE) | - | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 17.13 | 1.88 | 1.95 | 2.60 | 1.16 |
| Quick ratio | 17.13 | 1.88 | 1.95 | 2.60 | 1.16 |
| Working capital ratio | 87.3% | 26.9% | 22.5% | 33.8% | 9.2% |
| Solvency | 94.6% | 69.5% | 76.3% | 78.8% | 42.8% |
| Debt / equity | 0.06 | 0.44 | 0.31 | 0.27 | - |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | - | -3.25 | -12.95 | 107.98 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -131.3% | -28.1% | -56.0% | 39.3% | 31.5% |
| ROE | -138.8% | -40.5% | -73.5% | 49.9% | 73.7% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €4k | €13k | €17k | €29k | €27k |
| Fixed assets | 21/28 | €300 | €6k | €9k | €13k | €9k |
| Tangible fixed assets | 22/27 | - | €5k | €9k | €13k | €9k |
| Financial fixed assets | 28 | €300 | €300 | €300 | €300 | €300 |
| Current assets | 29/58 | €4k | €8k | €8k | €16k | €18k |
| Amounts receivable within one year | 40/41 | €4k | €8k | €8k | €16k | €17k |
| Cash & bank | 54/58 | €21 | €21 | €4 | €17 | €1k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4k | €13k | €17k | €29k | €27k |
| Equity | 10/15 | €4k | €9k | €13k | €23k | €11k |
| Contributions / capital | 10/11 | €3k | €3k | €3k | €3k | - |
| Accumulated profits (losses) | 14 | €910 | €6k | €10k | €20k | €8k |
| Amounts payable | 17/49 | €224 | €4k | €4k | €6k | €15k |
| Amounts payable within one year | 42/48 | €224 | €4k | €4k | €6k | €15k |
| Trade debts payable within one year | 44 | €224 | €224 | €207 | €392 | €11k |
| Income statement | ||||||
| Gross operating margin | 9900 | - | €-199 | €-3k | €17k | €12k |
| Operating result | 9901 | €-5k | €-4k | €-10k | €14k | €9k |
| Financial income | 75 | - | - | €698 | €715 | €90 |
| Financial charges | 65 | - | €61 | €473 | €152 | €52 |
| Result before taxes | 9903 | €-5k | €-4k | €-10k | €14k | €10k |
| Income taxes | 67/77 | - | - | - | €3k | €1k |
| Net result for the period | 9904 | €-5k | €-4k | €-10k | €11k | €8k |
| Result to be appropriated | 9905 | €-5k | €-4k | €-10k | €11k | €8k |
-
Hedi ChtiouiDirectorState Gazette act 25031419 (06-03-2025)Current01-10-2024 → present
Former directors (1)
-
El-Hajji IbrahimDirectorState Gazette act 25031419 (06-03-2025)Former- → 30-09-2024
| NACE primary | Freight transport by road(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 24-09-2019 |
| Status | Active |
| Postal code | 1000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1372/00K000 | Brussels | 2,159 m² | 1 · 2,113 m² | 88.8 m · 7 fl. |
| 21015A0094/00L003 | Brussels | 307 m² | 1 · 213 m² | 13.4 m · 2 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
09-07-2025 Registered office moved to BRUXELLES
- RUE JOSEPH STEVENS 7 - 1000 BRUXELLES
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "RUE JOSEPH STEVENS 7 - 1000 BRUXELLES",
"city": "BRUXELLES",
"region": "brussels_hoofdstedelijk_gewest",
"street": "RUE JOSEPH STEVENS",
"country": "BE",
"postcode": "1000",
"box_number": null,
"street_number": "7",
"locality_suffix": null
},
"old_address": null,
"effective_date": null,
"evidence_quote": "Il a \u00E9t\u00E9 d\u00E9cid\u00E9 lors de l\u0027AGE du 23/06/2025 du transfert du si\u00E8ge sociale de la soci\u00E9t\u00E9 \u00E0 l\u0027adresse suivante",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
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"linguistic_region_changed": false,
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}
],
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"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2025-07-09",
"filing_date": "2025-06-23",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2025-06-23",
"unanimous": null
},
"subject_company": {
"kbo": "0734.835.970",
"name_full": "V12 GROUP",
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},
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"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": []
}06-03-2025 Transaction in capital or shares
Technical details
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}| Legal nameFR | V12 GROUP |