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VA

Active
Private limited companyfounded 20197 yrs activeSalviastraat 8, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 0730.746.431
Summary

VA has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €103k and a net result of €138k. Equity is growing by ~55.9% per year across the filed fiscal years. Its solvency ranks better than 33% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency67▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 1.72 against 1.43 in 2023; short-term debt: 54.6% and cash: 31% of total assets), but 58.4% 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.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
91 d late
2023
49 d late
2022
41 d early
2021
31 d late
2020
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€103k▲ 60.1%
2023 · €64k
2020: €19klowest in 5 years 2021: €24k▲ +22.1% vs 2020 2022: €30k▲ +26.7% vs 2021 2023: €64k▲ +115% vs 2022 2024: €103k▲ +60.1% vs 2023highest in 5 years
2020 → 2024
Total assets
€247k▲ 12.8%
2023 · €218k
2020: €38klowest in 5 years 2021: €131k▲ +249% vs 2020 2022: €176k▲ +34.4% vs 2021 2023: €218k▲ +24.0% vs 2022 2024: €247k▲ +12.8% vs 2023highest in 5 years
2020 → 2024
Net result
€138k▲ 19.8%
2023 · €116k
2020: €17k 2021: €4k▼ -75.4% vs 2020lowest in 5 years 2022: €6k▲ +47.8% vs 2021 2023: €116k▲ +1738% vs 2022 2024: €138k▲ +19.8% vs 2023highest in 5 years
2020 → 2024
Working capital
€97k▲ 62.2%
2023 · €59k
2020: €17k 2021: €11k▼ -34.5% vs 2020lowest in 5 years 2022: €16k▲ +47.1% vs 2021 2023: €59k▲ +272% vs 2022 2024: €97k▲ +62.2% vs 2023highest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€19k-€24k▲ 22.1%€30k▲ 26.7%€64k▲ 115%€103k▲ 60.1% 2020: €19klowest in 5 years 2021: €24k▲ +22.1% vs 2020 2022: €30k▲ +26.7% vs 2021 2023: €64k▲ +115% vs 2022 2024: €103k▲ +60.1% vs 2023highest in 5 years
Operating result€24k-€6k▼ 75.9%€12k▲ 103%€152k▲ 1,199%€181k▲ 18.9% 2020: €24k 2021: €6k▼ -75.9% vs 2020lowest in 5 years 2022: €12k▲ +103% vs 2021 2023: €152k▲ +1199% vs 2022 2024: €181k▲ +18.9% vs 2023highest in 5 years
Net result€17k-€4k▼ 75.4%€6k▲ 47.8%€116k▲ 1,738%€138k▲ 19.8% 2020: €17k 2021: €4k▼ -75.4% vs 2020lowest in 5 years 2022: €6k▲ +47.8% vs 2021 2023: €116k▲ +1738% vs 2022 2024: €138k▲ +19.8% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2020: €24k€24kNet result 2020: €17k€17kOperating result 2021: €6k€6kNet result 2021: €4k€4kOperating result 2022: €12k€12kNet result 2022: €6k€6kOperating result 2023: €152k€152kNet result 2023: €116k€116kOperating result 2024: €181k€181kNet result 2024: €138k€138k20202021202220232024€0€50k€100k€150k€200kOperating result 2022: €12k€12kNet result 2022: €6k€6.3kOperating result 2023: €152k€152kNet result 2023: €116k€116kOperating result 2024: €181k€181kNet result 2024: €138k€138k202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 19% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €247k
Fixed assets €15k ▼ 21.7%
Current assets €231k ▲ 16.3%
Equity and liabilities €247k
Equity €103k ▲ 60.1%
Debt €144k ▼ 6.7%
Debt's share of the balance-sheet total falls from 70.7% to 58.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€185k▲
2023 · €156k
Cash flow
€143k▲
2023 · €119k
Current ratio
1.72▲
2023 · 1.43
Debt to equity
1.40▼
2023 · 2.41
ROE
135.1%▼
2023 · 180.5%
ROA
56.2%▲
2023 · 52.9%
Interest coverage
234.62▲
2023 · 142.86
Debt ≤ 1 year
€135k▼
2023 · €139k
Income taxes
€42k▲
2023 · €37k
Staff costs
€33k▲
2023 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€218k€247k▲
Fixed assets21/28€20k€15k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€18k€14k▼
Furniture and vehicles24€8k€6k▼
Other tangible fixed assets26€10k€8k▼
Current assets29/58€199k€231k▲
Amounts receivable within one year40/41€137k€155k▲
Trade receivables40€137k€118k▼
Other amounts receivable41€100€36k▲
Cash at bank and in hand54/58€61k€76k▲
Deferred charges and accrued income490/1€279€0▼
Equity and liabilities
Total equity and liabilities10/49€218k€247k▲
Equity10/15€64k€103k▲
Contributions10/11€2k€2k=
Reserves13€62k€101k▲
Distributable reserves133€62k€101k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€154k€144k▼
Amounts payable within one year42/48€139k€135k▼
Trade debts44€10k€9k▼
Suppliers440/4€10k€9k▼
Taxes, remuneration and social security45€51k€40k▼
Taxes450/3€51k€37k▼
Remuneration and social security454/9-€3k
Other amounts payable47/48€79k€85k▲
Accrued charges and deferred income492/3€15k€9k▼
Income statement Code20232024
Remuneration, social security and pensions62€0€33k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€158k€220k▲
Operating profit (loss)9901€152k€181k▲
Financial income75/76B€1k€176▼
Recurring financial income75€1k€176▼
Financial charges65/66B€1k€789▼
Recurring financial charges65€1k€789▼
Profit (loss) for the period before taxes9903€152k€180k▲
Income taxes67/77€37k€42k▲
Profit (loss) for the period9904€116k€138k▲
Profit (loss) for the period to be appropriated9905€116k€138k▲
Appropriation of the result
Profit (loss) to be appropriated9906€116k€138k▲
Transfer from equity791/2€24k€0▼
Transfer to equity691/2€58k€38k▼
To other reserves6921€58k€38k▼
Profit to be distributed694/7€81k€100k▲
Return on contributions (dividend)694€81k€100k▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Remuneration, social security and pensions62--€1k€0€33k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k€3k€3k€4k▲ 27.8%
Other operating charges640/8-€6k€2k€2k€2k▼ 13.2%
Gross operating margin9900€27k€13k€18k€158k€220k▲ 39.4%
Operating profit (loss)9901€24k€6k€12k€152k€181k▲ 18.9%
Financial income75/76B-€2k€48€1k€176▼ 85.0%
Recurring financial income75€51€2k€48€1k€176▼ 85.0%
Financial charges65/66B-€166€2k€1k€789▼ 27.5%
Recurring financial charges65€186€166€2k€1k€789▼ 27.5%
Profit (loss) for the period before taxes9903€24k€7k€9k€152k€180k▲ 18.4%
Income taxes67/77€6k€3k€3k€37k€42k▲ 14.1%
Profit (loss) for the period9904€17k€4k€6k€116k€138k▲ 19.8%
Profit (loss) for the period to be appropriated9905€17k€4k€6k€116k€138k▲ 19.8%
Line20202021202220232024Change
Assets
Total assets20/58€38k€131k€176k€218k€247k▲ 12.8%
Fixed assets21/28€4k€13k€14k€20k€15k▼ 21.7%
Intangible fixed assets21-€3k€2k€2k€1k▼ 35.4%
Tangible fixed assets22/27€4k€10k€11k€18k€14k▼ 20.3%
Furniture and vehicles24-€4k€2k€8k€6k▼ 26.7%
Other tangible fixed assets26-€6k€9k€10k€8k▼ 14.9%
Current assets29/58€34k€118k€162k€199k€231k▲ 16.3%
Amounts receivable within one year40/41€32k€60k€136k€137k€155k▲ 12.8%
Trade receivables40-€60k€136k€137k€118k▼ 13.5%
Other amounts receivable41-€114€100€100€36k▲ 36,218%
Cash at bank and in hand54/58€631€55k€23k€61k€76k▲ 24.4%
Deferred charges and accrued income490/1-€4k€3k€279€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€38k€131k€176k€218k€247k▲ 12.8%
Equity10/15€19k€24k€30k€64k€103k▲ 60.1%
Contributions10/11-€2k€2k€2k€2k=
Reserves13€17k€22k€28k€62k€101k▲ 62.0%
Distributable reserves133-€22k€28k€62k€101k▲ 62.0%
Profit (loss) carried forward14---€0€0-
Amounts payable17/49€18k€108k€146k€154k€144k▼ 6.7%
Amounts payable within one year42/48€17k€108k€146k€139k€135k▼ 3.4%
Trade debts44€4k€245€53k€10k€9k▼ 5.5%
Suppliers440/4-€245€53k€10k€9k▼ 5.5%
Taxes, remuneration and social security45-€23k€21k€51k€40k▼ 20.7%
Taxes450/3-€23k€21k€51k€37k▼ 27.5%
Remuneration and social security454/9----€3k-
Other amounts payable47/48-€85k€73k€79k€85k▲ 8.1%
Accrued charges and deferred income492/3-€0-€15k€9k▼ 37.9%
Line20202021202220232024Change
Profit (loss) for the period9904€17k€4k€6k€116k€138k▲ 19.8%
+ Depreciation and write-downs630€1k€2k€3k€3k€4k▲ 27.8%
Operating cash flow (approximation)€18k€6k€9k€119k€143k▲ 20.0%
Investment in fixed assets (approximation)-€-11k€-4k€-9k€23▲ 100%
Change in cash-€54k€-32k€38k€15k▼ 61.1%

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

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Timeline · acts, filings and financial milestones

2025
30-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
2024
31-12
Financial Highest result since 2020net €138k ▲19.8%
Operating result €181k, net result €138k, both a record.
31-12
Financial Equity above €100kEq €103k ▲60.1%
5 profitable years in a row build equity to €103k.
18-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
20-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Weakest financial yearnet €4k ▼75.4%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Merelbeke-Melle · 2 establishment units since 2019
seat establishment All 2 establishment units on the map
Ground area
1,661 m²
Building footprint
280 m²
Volume, LiDAR
1,719 m³
2 parcels, Flanders · tallest building 14.4 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
2 establishment units
VA
Salviastraat 8, 9090 Merelbeke-MelleActivities of lawyers
since 20192.291.963.807
Blomme.legal
Sint-Denijslaan 34, 9000 GentActivities of lawyers
since 20222.339.328.313
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44402A0159/00F002 Flanders 909 m² 1 · 147 m² 8.2 m · 2 fl.
44809I0189/00Z003 Flanders 753 m² 1 · 133 m² 14.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 1,731 EUR awarded · 1,731 EUR paid
Year Entries awardedpaid
2025 1 226 EUR226 EUR
2024 1 120 EUR120 EUR
2023 1 0 EUR1,344 EUR
2022 1 1,385 EUR41 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 1,731 EUR · 1,731 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 22,056 companies in sector 69101 we hold annual accounts for 9,055. 7,557 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
Founded16-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers

Scores and ratios are computed by Checked and are not a credit decision.