VABRUMEL DEVELOPMENT

Active

Private limited companyfounded 200818 yrs activeLouis Schmidtlaan 87, 1040 Etterbeek, BelgiumKBO/BCE: BE 0898.611.265

Summary

VABRUMEL DEVELOPMENT has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.70M and a net result of €-15k. Equity remains stable across the filed fiscal years (±0.2% per year). The computed 12-month bankruptcy probability is 1.5% (low).

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Checked score

Score 2025

72 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability37=

Solvency100=

Growth58=

Track record100

Bankruptcy probability, 12 months

1.5% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €330k at 30 days acceptable

short-term debt: 0.3% and cash: 50.5% of total assets, and 3.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

96.5%

Return on assets

-0.3%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

50 d early

2024

34 d early

2023

1 d early

2022

52 d early

2021

62 d early

2020

31 d late

2019

31 d late

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

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 2025, unclassified schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-15k▼ 33.8%

2024 · €-11k

2018: €-40k 2019: €23k 2020: €-4k 2021: €-24k 2022: €-19k 2023: €-2k 2024: €-11k

2018 → 2025

Working capital

€4.55M▲ 1.7%

2024 · €4.48M

2018: €4.45M 2019: €4.48M 2020: €4.47M 2021: €4.46M 2022: €4.45M 2023: €4.44M 2024: €4.48M

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€4.74M-€4.72M▼ 0.4%€4.72M=€4.71M▼ 0.2%€4.70M▼ 0.3%

Operating result€-45k-€-46k▼ 2.5%€-49k▼ 6.5%€-53k▼ 7.1%€-51k▲ 3.0%

Net result€-24k-€-19k▲ 19.3%€-2k▲ 91.1%€-11k▼ 537%€-15k▼ 33.8%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €51k in 2025 against €53k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €4.87M

93.8%

Fixed assets €300k =

Current assets €4.57M ▲ 1.4%

Equity and liabilities €4.87M

96.5%

Equity €4.70M ▼ 0.3%

Debt €169k ▲ 89.1%

Debt's share of the balance-sheet total rises from 1.9% to 3.5%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

Debt to equity

0.04▲

2024 · 0.02

ROE

-0.3%▼

2024 · -0.2%

ROA

-0.3%▼

2024 · -0.2%

Debt ≤ 1 year

€14k▼

2024 · €25k

Income taxes

€489

A ratio outside any meaningful range has been withheld (balance sheet total €4.87M, equity €4.70M).

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 · 2025 against 2024 · 43 lines

Balance sheet Code20242025

Assets

Total assets20/58€4.80M€4.87M▲

Fixed assets21/28€300k€300k=

Financial fixed assets28€300k€300k=

Affiliated companies280/1€300k€300k=

Participating interests280€300k€300k=

Current assets29/58€4.50M€4.57M▲

Amounts receivable after more than one year29€1.20M€1.20M=

Other amounts receivable291€1.20M€1.20M=

Amounts receivable within one year40/41€54k€54k▼

Other amounts receivable41€54k€54k▼

Current investments50/53€178k€290k▲

Other investments51/53€178k€290k▲

Cash at bank and in hand54/58€2.54M€2.45M▼

Deferred charges and accrued income490/1€521k€561k▲

Equity and liabilities

Total equity and liabilities10/49€4.80M€4.87M▲

Equity10/15€4.71M€4.70M▼

Contributions10/11€13.35M€13.35M=

Profit (loss) carried forward14€-8.64M€-8.65M▼

Amounts payable17/49€89k€169k▲

Amounts payable within one year42/48€25k€14k▼

Trade debts44€20k€9k▼

Suppliers440/4€20k€9k▼

Other amounts payable47/48€5k€5k=

Accrued charges and deferred income492/3€64k€155k▲

Income statement Code20242025

Operating charges60/66A€53k€51k▼

Services and other goods61€52k€50k▼

Other operating charges640/8€968€998▲

Operating profit (loss)9901€-53k€-51k▲

Financial income75/76B€333k€333k=

Recurring financial income75€329k€333k▲

Income from current assets751€329k€333k▲

Non-recurring financial income76B€4k-

Financial charges65/66B€291k€296k▲

Recurring financial charges65€291k€296k▲

Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€289k€293k▲

Other financial charges652/9€2k€3k▲

Profit (loss) for the period before taxes9903€-11k€-14k▼

Income taxes67/77-€489

Taxes670/3-€489

Profit (loss) for the period9904€-11k€-15k▼

Profit (loss) for the period to be appropriated9905€-11k€-15k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-8.64M€-8.65M▼

Profit (loss) brought forward from the previous period14P€-8.63M€-8.64M▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Timeline · acts, filings and financial milestones

All 11Financial 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

11-06

NBB filing Annual accounts filed

fiscal year 2025 · unclassified schema

2025

27-06

NBB filing Annual accounts filed

fiscal year 2024 · unclassified schema

2024

30-07

NBB filing Annual accounts filed

fiscal year 2023 · unclassified schema

2023

09-06

NBB filing Annual accounts filed

fiscal year 2022 · unclassified schema

2022

30-05

NBB filing Annual accounts filed

fiscal year 2021 · unclassified schema

2021

31-08

NBB filing Annual accounts filed

fiscal year 2020 · unclassified schema · 31 days late

2020

31-08

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 31 days late

2019

31-12

Financial Back to profitnet €23k

Net result €23k after one loss-making year.

04-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

23-10

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 84 days late

2017

04-12

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 126 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 14 acts read

About the unread acts

We know of 14 Belgian State Gazette acts for this company. None of them has 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

14 acts for this company are 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, Etterbeek · 1 establishment unit since 2008

seat establishment The establishment unit on the map

Ground area

1,690 m²

Building footprint

582 m²

Volume, LiDAR

13,226 m³

Parcel 21363B0335/00C003, Brussels · tallest building 33.9 m, ±9 floors. Linked by address, not a title deed.

187 companies at this address See who is registered here

1 establishment unit

Louis Schmidtlaan 87, 1040 Etterbeek

Financial service activities, except insurance and pension funding

since 20082.172.460.597

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21363B0335/00C003	Brussels	1,690 m²	1 · 581 m²	33.9 m · 9 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

254900AI27DIQTO60V87

live in the LEI register

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded17-06-2008

Fiscal year end31-12

Sources

Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

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