VAG-Center
ActiveVAG-Center has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €46k. Equity is growing by ~132.5% per year across the filed fiscal years. Its solvency ranks better than 56% of 2507 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
79
/ 100
Excellent▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency70▲+3
Growth78=
Stability94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.25 in 2024), and 55.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.7%
Return on assets
29.9%
Age of the figures
8 mo
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 30-03-2026, 123 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
123 d early
2024
125 d early
2023
40 d early
2022
45 d early
2021
51 d early
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€68k▲ 6.5%
2024 · €64k
2021: €3k
2022: €10k
2023: €21k
2024: €64k
2021 → 2025
Total assets
€153k▼ 4.7%
2024 · €161k
2021: €9k
2022: €130k
2023: €149k
2024: €161k
2021 → 2025
Net result
€46k▲ 1.0%
2024 · €45k
2021: €-2k
2022: €7k
2023: €12k
2024: €45k
2021 → 2025
Working capital
€10k▼ 60.3%
2024 · €24k
2021: €-210
2022: €-5k
2023: €-23k
2024: €24k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€10k▲ 209%€21k▲ 106%€64k▲ 212%€68k▲ 6.5%
Operating result€-2k-€9k€16k▲ 76.1%€58k▲ 259%€62k▲ 7.3%
Net result€-2k-€7k€12k▲ 80.6%€45k▲ 270%€46k▲ 1.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 7% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €153k
Fixed assets
€59k▲ 47.2%
Current assets
€94k▼ 21.8%
Equity and liabilities €153k
Equity
€68k▲ 6.5%
Debt
€85k▼ 12.1%
The debt ratio falls from 60.0% to 55.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€80k▲
2024 · €72k
Cash flow
€64k▲
2024 · €60k
Solvency
44.7%▲
2024 · 40.0%
Current ratio
1.11▼
2024 · 1.25
Quick ratio
0.33▼
2024 · 0.81
Debt / equity
1.24▼
2024 · 1.50
ROE
67.0%▼
2024 · 70.6%
ROA
29.9%▲
2024 · 28.2%
Interest coverage
1671.82▲
2024 · 1555.21
Debt
€85k▼
2024 · €96k
Debt ≤ 1 year
€85k▼
2024 · €96k
Income taxes
€16k▲
2024 · €12k
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€161k€153k▼
Fixed assets21/28€40k€59k▲
Tangible fixed assets22/27€39k€58k▲
Plant, machinery and equipment23€12k€8k▼
Furniture and vehicles24€26k€36k▲
Other tangible fixed assets26€1k€14k▲
Financial fixed assets28€500€500=
Current assets29/58€121k€94k▼
Stocks and contracts in progress3€43k€66k▲
Stocks30/36€43k€66k▲
Amounts receivable within one year40/41€6k€3k▼
Trade receivables40€6k€3k▼
Other amounts receivable41-€6
Cash at bank and in hand54/58€72k€26k▼
Equity and liabilities
Total equity and liabilities10/49€161k€153k▼
Equity10/15€64k€68k▲
Contributions10/11€5k€5k=
Reserves13€59k€63k▲
Distributable reserves133€59k€63k▲
Amounts payable17/49€96k€85k▼
Amounts payable within one year42/48€96k€85k▼
Trade debts44€7k€7k▼
Suppliers440/4€7k€7k▼
Taxes, remuneration and social security45€19k€16k▼
Taxes450/3€19k€16k▼
Other amounts payable47/48€69k€61k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€18k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8€3k€2k▼
Gross operating margin9900€75k€84k▲
Operating profit (loss)9901€58k€62k▲
Financial income75/76B€86€108▲
Recurring financial income75€86€108▲
Financial charges65/66B€46€48▲
Recurring financial charges65€46€48▲
Profit (loss) for the period before taxes9903€58k€62k▲
Income taxes67/77€12k€16k▲
Profit (loss) for the period9904€45k€46k▲
Profit (loss) for the period to be appropriated9905€45k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€46k▲
Transfer from equity791/2-€40k
Transfer to equity691/2€44k€44k▲
To other reserves6921€44k€44k▲
Profit to be distributed694/7€2k€42k▲
Return on contributions (dividend)694€2k€42k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €46k ▲1%
Operating result €62k, net result €46k, both a record.
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tielt-Winge · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kraasbeekstraat 313390 Tielt-WingeGround area
996 m²
Building footprint
416 m²
Volume, LiDAR
1,810 m³
Parcel 24106D0242/00W000, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VAG-Center
since 20212.325.735.148
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24106D0242/00W000 | Flanders | 996 m² | 1 · 416 m² | 6.9 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 75 EUR awarded · 75 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 75 EUR | 75 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,342 companies in sector 95311 we hold annual accounts for 2,941. 2,206 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2021
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
45112
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95319Other maintenance and repair of motor vehicles
47820Retail sale of motor vehicle parts and accessories
46180Agents specialised in the wholesale of other particular products
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.