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V35

Active
Private limited companyfounded 2025active for 1 yearVleminckveld 35, 2000 Antwerpen, BelgiumKBO/BCE: BE 1019.877.004
Summary

V35 has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€23,233) and a net result of -€44,233. Its solvency ranks better than 18% of 17,080 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2025, micro format

Equity
-€23,233
Total assets
€880,637
Net result
-€44,233
Working capital
-€322,491

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €880,637
Fixed assets €864,721
Current assets €15,917
Equity and liabilities
Equity-€23,233
Debt€903,870
Equity is negative: debt (€903,870) exceeds the balance-sheet total (€880,637).
Key figures and ratios
2025 value
EBITDA
-€9,727
Cash flow
-€25,476
Solvency
-2.6%
Current ratio
0.05
ROA
-5.0%
Interest coverage
-0.62
Debt
€903,870
Debt ≤ 1 year
€338,408
Debt > 1 year
€565,462
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 152 companies that looked in July 2024 the way this one looks now, 0.0% went bankrupt within 24 months and 99.3% are still going.

  • Small
  • under 2 years old
  • negative equity
  • a small loss
0.0% went bankrupt
0.7% stopped otherwise
99.3% still going

For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 152 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
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€880,637
Fixed assets21/28€864,721
Tangible fixed assets22/27€864,721
Land and buildings22€824,113
Plant, machinery and equipment23€9,212
Furniture and vehicles24€5,793
Other tangible fixed assets26€25,602
Current assets29/58€15,917
Amounts receivable within one year40/41€4,216
Other amounts receivable41€4,216
Cash at bank and in hand54/58€11,701
Equity and liabilities
Total equity and liabilities10/49€880,637
Equity10/15-€23,233
Contributions10/11€21,000
Profit (loss) carried forward14-€44,233
Amounts payable17/49€903,870
Amounts payable after more than one year17€565,462
Financial debts170/4€565,462
Amounts payable within one year42/48€338,408
Current portion of amounts payable after more than one year42€26,181
Trade debts44€4,152
Suppliers440/4€4,152
Taxes, remuneration and social security45€3,075
Taxes450/3€3,075
Other amounts payable47/48€305,000
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,756
Other operating charges640/8€1,024
Gross operating margin9900-€8,703
Operating profit (loss)9901-€28,483
Financial charges65/66B€15,749
Recurring financial charges65€15,749
Profit (loss) for the period before taxes9903-€44,233
Profit (loss) for the period9904-€44,233
Profit (loss) for the period to be appropriated9905-€44,233
Appropriation of the result
Profit (loss) to be appropriated9906-€44,233

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,756
Other operating charges640/8€1,024
Gross operating margin9900-€8,703
Operating profit (loss)9901-€28,483
Financial charges65/66B€15,749
Recurring financial charges65€15,749
Profit (loss) for the period before taxes9903-€44,233
Profit (loss) for the period9904-€44,233
Profit (loss) for the period to be appropriated9905-€44,233
Line2025
Assets
Total assets20/58€880,637
Fixed assets21/28€864,721
Tangible fixed assets22/27€864,721
Land and buildings22€824,113
Plant, machinery and equipment23€9,212
Furniture and vehicles24€5,793
Other tangible fixed assets26€25,602
Current assets29/58€15,917
Amounts receivable within one year40/41€4,216
Other amounts receivable41€4,216
Cash at bank and in hand54/58€11,701
Equity and liabilities
Total equity and liabilities10/49€880,637
Equity10/15-€23,233
Contributions10/11€21,000
Profit (loss) carried forward14-€44,233
Amounts payable17/49€903,870
Amounts payable after more than one year17€565,462
Financial debts170/4€565,462
Amounts payable within one year42/48€338,408
Current portion of amounts payable after more than one year42€26,181
Trade debts44€4,152
Suppliers440/4€4,152
Taxes, remuneration and social security45€3,075
Taxes450/3€3,075
Other amounts payable47/48€305,000
Line2025
Profit (loss) for the period9904-€44,233
+ Depreciation and write-downs630€18,756
Operating cash flow (approximation)-€25,476

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-07-2026 2026-00364475

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 9,527 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,506. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.