VAJ CONCEPT
The computed 12-month bankruptcy probability of VAJ CONCEPT is 1.9% (moderate). The 2024 annual accounts show equity of €148k and a net result of €19k. Equity is growing by ~63.1% per year across the filed fiscal years. Its solvency ranks better than 52% of 860 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €148k |
| Net result | €19k |
| Better than sector | 52% |
| Active | 4 yrs |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 18.9% | 17.5% | |
| Net result | €19k | €14k | |
| Equity | €148k | €101k | |
| Gross operating margin | €33k | €213k | |
| Total assets | €785k | €768k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €33k |
| Net profit | €19k |
| Cash flow | €23k |
| Staff costs | - |
| Income taxes | €7k |
| Dividends | - |
| Total assets | €785k |
| Equity | €148k |
| Debt | €636k |
| of which ≤ 1y | €27k |
| of which > 1y | €610k |
| Working capital | €357k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 14.44 |
| Quick ratio | 12.27 |
| Working capital ratio | 45.5% |
| Solvency | 18.9% |
| Debt / equity | 4.29 |
| Long-term debt ratio | 4.11 |
| Interest coverage | 10.23 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.4% |
| ROE | 12.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €785k |
| Fixed assets | 21/28 | €401k |
| Tangible fixed assets | 22/27 | €400k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €384k |
| Stocks & contracts in progress | 3 | €58k |
| Amounts receivable within one year | 40/41 | €179k |
| Cash & bank | 54/58 | €147k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €785k |
| Equity | 10/15 | €148k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €33k |
| Accumulated profits (losses) | 14 | €112k |
| Amounts payable | 17/49 | €636k |
| Amounts payable after one year | 17 | €610k |
| Amounts payable within one year | 42/48 | €27k |
| Trade debts payable within one year | 44 | €915 |
| Income statement | ||
| Gross operating margin | 9900 | €33k |
| Operating result | 9901 | €29k |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €26k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €19k |
| Result to be appropriated | 9905 | €19k |
-
Current23-12-2024 → present
Former directors (1)
-
Former- → 22-10-2025
| NACE primary | Retail trade(47812) |
| Legal form | Private limited company(610) |
| Incorporation | 20-09-2021 |
| Status | Active |
| Postal code | 8530 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34323D1739/00L000 | Flanders | 426 m² | 1 · 1,889 m² | 12.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-12-2025 Registered office moved from Wevelgem to Harelbeke
- Moerstraat 58, 8560 Wevelgem → De Stip 35, 8530 Harelbeke
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Harelbeke",
"region": null,
"street": "De Stip",
"country": "BE",
"postcode": "8530",
"box_number": null,
"street_number": "35"
},
"old_address": {
"city": "Wevelgem",
"region": null,
"street": "Moerstraat",
"country": "BE",
"postcode": "8560",
"box_number": null,
"street_number": "58"
},
"effective_date": "2025-10-22",
"evidence_quote": "1.De vergadering keurt unaniem de wijziging van de zetel goed met ingang van 22/10/2025 op het volgende dres: De Stip 35, 8530 Harelbeke, Belgi\u00EB."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0774.342.783",
"name_full": "VAJ CONCEPT",
"legal_form": "BV"
}
}23-12-2024 Aslanyan Micha appointed as director
- Aslanyan Micha, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Aslanyan Micha",
"address": null,
"birth_date": null
},
"evidence_quote": "De algemene vergadering besluit met een bijzondere en unanieme stemming om de heer Aslanyan Micha voor onbepaalde duur tot bestuurder te benoemen."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0774.342.783",
"name_full": "VAJ CONCEPT",
"legal_form": "BV"
}
}09-04-2024 Registered office moved from Kortrijk to Wevelgem
- Vogelzanglaan 19, 8500 Kortrijk → Moerstraat 58, 8560 Wevelgem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Wevelgem",
"region": null,
"street": "Moerstraat",
"country": "BE",
"postcode": "8560",
"box_number": null,
"street_number": "58"
},
"old_address": {
"city": "Kortrijk",
"region": null,
"street": "Vogelzanglaan",
"country": "BE",
"postcode": "8500",
"box_number": null,
"street_number": "19"
},
"effective_date": "2023-12-13",
"evidence_quote": "De zetel van de vennootschap is sedert 13/12/2023 verplaatst van 8500 Kortrijk, Vogelzanglaan 19 naar 8560 Wevelgem, Moerstraat 58 bij beslissing van de bestuurder."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0774.342.783",
"name_full": "VAJ CONCEPT",
"legal_form": "BV"
}
}22-09-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "8500 Kortrijk, Vogelzanglaan 19",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1980-05-06",
"name": "MUKOYAN Vahe",
"niss": null,
"address": "8500 Kortrijk, Vogelzanglaan 19"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1000,
"holder_person_name": "MUKOYAN Vahe",
"is_subscriber_only": true,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 1000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1994-03-29",
"name": "ASLANYAN Karen",
"niss": null,
"address": "7380 Qui\u00E9vrain, Rue Rouge Croix 18"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1000,
"holder_person_name": "ASLANYAN Karen",
"is_subscriber_only": true,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 1000,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": null,
"name": "HOLDING 2000"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": "HOLDING 2000",
"contribution_type": "cash",
"amount_paid_in_eur": 1000,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 1000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 3000,
"subject_company": {
"kbo": "0774.342.783",
"name_full": "VAJ CONCEPT",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-09-16",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | VAJ CONCEPT |