VAAL GROUP
ActiveSummary
The computed 12-month bankruptcy probability of VAAL GROUP is 4.5% (elevated). The 2025 annual accounts show negative equity (-€1,136) and a net result of -€961. Equity is shrinking by ~64.7% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 23 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.5% 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 6,010 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €445 | €445 | €74 | €0 | - | - |
| Other operating charges640/8 | €398 | - | €354 | €972 | €400 | ▼ 58.9% |
| Gross operating margin9900 | -€1,144 | -€426 | -€433 | -€691 | -€507 | ▲ 26.6% |
| Operating profit (loss)9901 | -€1,987 | -€871 | -€861 | -€1,663 | -€907 | ▲ 45.4% |
| Financial charges65/66B | €48 | €50 | €47 | €49 | €54 | ▲ 10.5% |
| Recurring financial charges65 | €48 | €50 | €47 | €49 | €54 | ▲ 10.5% |
| Profit (loss) for the period before taxes9903 | -€2,035 | -€921 | -€908 | -€1,712 | -€961 | ▲ 43.8% |
| Profit (loss) for the period9904 | -€2,035 | -€921 | -€908 | -€1,712 | -€961 | ▲ 43.8% |
| Profit (loss) for the period to be appropriated9905 | -€2,035 | -€921 | -€908 | -€1,712 | -€961 | ▲ 43.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5,607 | €5,074 | €5,002 | €5,000 | €5,000 | = |
| Fixed assets21/28 | €519 | €74 | - | - | - | - |
| Intangible fixed assets21 | €519 | €74 | - | - | - | - |
| Current assets29/58 | €5,087 | €5,000 | €5,002 | €5,000 | €5,000 | = |
| Current investments50/53 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Cash at bank and in hand54/58 | €87 | - | €2 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5,607 | €5,074 | €5,002 | €5,000 | €5,000 | = |
| Equity10/15 | €3,366 | €2,445 | €1,537 | -€175 | -€1,136 | ▼ 550% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €366 | -€555 | -€1,463 | -€3,175 | -€4,136 | ▼ 30.3% |
| Amounts payable17/49 | €2,241 | €2,629 | €3,465 | €5,175 | €6,136 | ▲ 18.6% |
| Amounts payable within one year42/48 | €2,241 | €2,629 | €3,418 | €4,354 | €5,316 | ▲ 22.1% |
| Financial debts43 | - | - | - | - | €6 | - |
| Credit institutions430/8 | - | - | - | - | €6 | - |
| Trade debts44 | €146 | €426 | - | €691 | €907 | ▲ 31.3% |
| Suppliers440/4 | €146 | €426 | - | €691 | €907 | ▲ 31.3% |
| Taxes, remuneration and social security45 | €95 | - | - | €200 | €0 | ▼ 100% |
| Taxes450/3 | €95 | - | - | €200 | €0 | ▼ 100% |
| Other amounts payable47/48 | €2,000 | €2,203 | €3,418 | €3,463 | €4,403 | ▲ 27.1% |
| Accrued charges and deferred income492/3 | - | - | €47 | €821 | €820 | ▼ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,035 | -€921 | -€908 | -€1,712 | -€961 | ▲ 43.8% |
| + Depreciation and write-downs630 | €445 | €445 | €74 | €0 | - | - |
| Operating cash flow (approximation) | -€1,590 | -€476 | -€834 | -€1,712 | -€961 | ▲ 43.8% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | - | - | -€2 | - | - |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63068B0530/00E000 | Wallonia | 175 m² | 1 · 111 m² | 13.1 m · 3 fl. |
Linked by address, not proof of ownership
Company details
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
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