VABERIS
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2025.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 23-12-2025 was due by 23-07-2026 and was filed on 30-07-2026, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
7 d late
2025
114 d early
2024
40 d early
2023
4 d early
2022
2 d late
2021
3 d early
2020
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€1.07M▲ 54.4%
2024 · €694k
2018: €875k
2019: €540k
2020: €553k
2021: €689k
2022: €510k
2023: €733k
2024: €694k
2018 → 2025
Total assets
€1.17M▼ 56.9%
2024 · €2.71M
2018: €1.60M
2019: €1.40M
2020: €1.49M
2021: €1.86M
2022: €1.92M
2023: €2.51M
2024: €2.71M
2018 → 2025
Net result
€378k
2024 · €-39k
2018: €15k
2019: €-20k
2020: €13k
2021: €136k
2022: €-179k
2023: €224k
2024: €-39k
2018 → 2025
Working capital
€1.03M▲ 63.5%
2024 · €630k
2018: €549k
2019: €235k
2020: €258k
2021: €587k
2022: €427k
2023: €641k
2024: €630k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€689k-€510k▼ 26.0%€733k▲ 43.9%€694k▼ 5.3%€1.07M▲ 54.4%
Operating result€4k-€21k▲ 497%€18k▼ 13.4%€23k▲ 24.0%€43k▲ 90.5%
Net result€136k-€-179k€224k€-39k€378k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 91% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.17M
Fixed assets
€111k▼ 6.5%
Current assets
€1.06M▼ 59.2%
Equity and liabilities €1.17M
Equity
€1.07M▲ 54.4%
Debt
€98k▼ 95.2%
The debt ratio falls from 74.4% to 8.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€51k▲
2024 · €31k
Cash flow
€386k▲
2024 · €-31k
Solvency
91.6%▲
2024 · 25.6%
Current ratio
35.84▲
2024 · 1.32
Quick ratio
35.84▲
2024 · 1.32
Debt / equity
0.09▼
2024 · 2.91
ROE
35.2%▲
2024 · -5.6%
ROA
32.3%▲
2024 · -1.4%
Interest coverage
0.78▲
2024 · 0.36
Debt
€98k▼
2024 · €2.02M
Debt ≤ 1 year
€30k▼
2024 · €1.97M
Income taxes
€26k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.71M€1.17M▼
Fixed assets21/28€119k€111k▼
Tangible fixed assets22/27€118k€110k▼
Land and buildings22€118k€110k▼
Financial fixed assets28€2k€2k=
Current assets29/58€2.59M€1.06M▼
Amounts receivable within one year40/41€6k€979k▲
Other amounts receivable41€6k€979k▲
Current investments50/53€2.54M-
Cash at bank and in hand54/58€45k€79k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€2.71M€1.17M▼
Equity10/15€694k€1.07M▲
Contributions10/11€19k€19k=
Reserves13€913k€1.08M▲
Non-distributable reserves130/1€912k€1.08M▲
Reserves not available under the articles1311€7k-
Other1319€906k€1.08M▲
Tax-exempt reserves132€87-
Profit (loss) carried forward14€-237k€-24k▲
Amounts payable17/49€2.02M€98k▼
Amounts payable within one year42/48€1.97M€30k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€5k€7k▲
Other amounts payable47/48€1.96M€20k▼
Accrued charges and deferred income492/3€54k€68k▲
Income statement
Code20242025
Non-recurring operating income76A-€21k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€4k€2k▼
Non-recurring operating charges66A€96-
Gross operating margin9900€35k€53k▲
Operating profit (loss)9901€23k€43k▲
Financial income75/76B€26k€426k▲
Recurring financial income75€26k€426k▲
Financial charges65/66B€84k€66k▼
Recurring financial charges65€84k€66k▼
Profit (loss) for the period before taxes9903€-36k€403k▲
Income taxes67/77€3k€26k▲
Profit (loss) for the period9904€-39k€378k▲
Transfer from tax-exempt reserves789-€87
Profit (loss) for the period to be appropriated9905€-39k€378k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-237k€141k▲
Profit (loss) brought forward from the previous period14P€-198k€-237k▼
Transfer to equity691/2-€165k
To other reserves6921-€165k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €378k
Net result €378k after one loss-making year.
30-09
Financial
Liquidity times 27current ratio 35.84
Current ratio from 1.32 to 35.84; short-term debt falls from €1.97M to €30k.
30-09
Financial
Equity above €1MEq €1.07M ▲54.4%
Equity rises from €694k to €1.07M.
21-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €224k
Net result €224k after one loss-making year.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
30-09
Financial
Weakest financial yearnet €-179k ▼232%
Net result drops to €-179k, the lowest in the series.
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
14-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.