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VA.RO

Active Private limited companyfounded 2001active for 25 yearsAarschotsesteenweg 205, 2230 HerseltKBO/BCE: BE 0474.019.105

Lifetime

20 annual accounts with figures on one time axis, 24 filings since 2002
peak €70,541 (2012)
€10,184▼ 75.8%
lowest -€7,096 (2022)
-€5,386▼ €16,822
peak €128,862 (2021)
€72,834▼ 34.5%
€24,490▼ 4.3%
Board2 names since 2001
2 directorsDE MOOR Solange Michèle Louise and 1 other
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €42,013 to €10,184Loss of €5,386Dividend €33,000Equity from €111,220 to €72,834Investments €29,336Cash from €2,586 to €567

Key points

from the 2025 annual accounts

Equity

€72,834 ▼ 34.5%
111,2202024-5,386Loss-33,000Dividend72,8342025

VA.RO paid out €33,000 in dividends in a year with a loss of €5,386.

Investments

€29,336 2.3 × depreciation
2021202220242025

Green is investment, beige is depreciation.

Filings

24 annual accounts since 2002
AprilJune31 JulyOctober20102020

Eight of the last ten came late. The 2021 accounts came latest: 91 days after the end of the period.

Checked score

68
Healthy
Financially stronger than 43% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.6%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.6%▼ -0.2 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026lowest value 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.2 percentage points vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026

Financial strength
Strong

91-8equity 65.6% of total assets
43-5short-term debt 22.1% · cash 0.5%
63-15return on assets -4.9%

Score breakdown

raises risk
1 of the last 3 accounts late
Liquidity: current ratio 1.65, cash €567, halved
Loss of €5,386 (financial year 2025)
lowers risk
Founded in 2001
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 71% of them on solvency, 41% on liquidity, 46% on profitability and 13% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 12,322 companies had the same profile as VA.RO has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of VA.RO itself: 0.8% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 12,322 companies, not a prediction for VA.RO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €4,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.65 (3.76 in 2024), above the usual 1.5. Short-term debt is 22.1% and cash 0.5% of total assets. 34.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2001
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.65, cash €567, halved
NBB · annual accounts
raises risk · Loss of €5,386 (financial year 2025)
NBB · annual accounts
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
5 days early
2023
58 days late
2022
31 days late
2021
91 days late
2020
31 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 34 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DM
Director, since 20-01-2001
VR
Director, since 20-01-2001
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0474019105
2 directors reappointed Changes of role: VAN ROOSBROECK Eddie Clara Leo Jozef (statutory director) and DE MOOR Solange Michèle Louise (statutory director) · Reappointments: VAN ROOSBROECK Eddie Clara Leo Jozef (statutory director) and DE MOOR Solange Michèle Louise (statutory director) · Permanent representative: DE MOOR Solange Michèle Louise · Gazette deed
First establishment Aarschotsesteenweg 205, Herselt
Incorporation published on 16-02-2001 · Gazette deed
All 36 events

Comparable companies

same main activity, similar in size and age
Company
VA.RO Herselt - - 65.6% -
VEEHANDEL ANTOON HENDRICKX Antwerp - - 52.3% -
KERCKEBOS Zonnebeke - - -104.6% -
BREEDING Hechtel-Eksel - - 88.5% -
AMFIBIA Sint-Katelijne-Waver - - 57.1% -
J.L.H. BOVINS Momignies €94,532 15.6% 41.5% -
VAN WEEHAEGHE PHILIPPE Waregem €114,530 -25.3% 34.8% -

These companies have the same main activity as VA.RO: wholesale of live animals (NACE 46231). They are comparable in size and age: total assets between €73,000 and €231,000, founded between 1992 and 2007.

Official details

Source: KBO
Status
Active since 05-02-2001Normal situation
Activity
Wholesale of live animalsNACE 46231and 1 other
Establishment unit
2.116.574.4442230 Herselt, since 19-09-2001
Financial year end
31 December
Peppol
Reachable since 25-07-2025
Company details

Annual accounts 2025

≈ €130,000estimated
€110,963▼ 26.2%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on VA.RO

VA.RO files the micro format. That format states no turnover. The gross margin fell from €69,805 in 2006 to €10,184 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VA.RO

What is the company number of VA.RO?
The company number of VA.RO is 0474.019.105. The VAT number is the same number with BE in front: BE 0474.019.105.
Where is VA.RO based?
The registered office is at Aarschotsesteenweg 205, 2230 Herselt.Company details
What does VA.RO do?
According to the KBO register, the main activity is wholesale of live animals (NACE 46231).
What is the legal form of VA.RO?
VA.RO is a private limited company (BV).
When was VA.RO founded?
VA.RO was founded on 05-02-2001.
Is VA.RO still active?
Yes, VA.RO is an active enterprise in the KBO register.
What is the turnover of VA.RO?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €10,184 and 212 comparable companies (NACE 46). It probably lies between €61,000 and €330,000. It is a rough estimate.Financials
Is VA.RO profitable?
In financial year 2025, VA.RO made a loss of €5,386.
Where can I find the annual accounts of VA.RO?
VA.RO filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VA.RO due?
VA.RO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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