VAK
VAK has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24k and a net result of €-7k. Equity is growing by ~85.8% per year across the filed fiscal years. Its solvency ranks better than 33% of 1165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €24k |
| Net result | €-7k |
| Better than sector | 33% |
| Active | 20 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
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 | 34.7% | 55.2% | |
| Net result | €-7k | €23k | |
| Equity | €24k | €51k | |
| Gross operating margin | €-957 | €43k | |
| Total assets | €70k | €106k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €-1k | €31k | €35k | €-10k |
| Net profit | €-7k | €26k | €31k | €-14k |
| Cash flow | €-5k | €27k | €32k | €-12k |
| Staff costs | - | - | - | - |
| Income taxes | €822 | €3k | - | - |
| Dividends | - | - | - | - |
| Total assets | €70k | €104k | €82k | €63k |
| Equity | €24k | €31k | €5k | €-26k |
| Debt | €46k | €72k | €77k | €89k |
| of which ≤ 1y | €28k | €57k | €62k | €77k |
| of which > 1y | - | - | - | - |
| Working capital | €38k | €42k | €18k | €-19k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 2.35 | 1.74 | 1.29 | 0.75 |
| Quick ratio | 2.35 | 1.74 | 1.29 | 0.75 |
| Working capital ratio | 54.1% | 40.7% | 21.6% | -30.8% |
| Solvency | 34.7% | 30.2% | 6.1% | -41.4% |
| Debt / equity | 1.88 | 2.31 | 15.48 | -3.42 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | -0.55 | 132.35 | 9.95 | -4.44 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -10.2% | 25.5% | 38.0% | -21.9% |
| ROE | -29.3% | 84.2% | 626.2% | 52.9% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €70k | €104k | €82k | €63k |
| Fixed assets | 21/28 | €4k | €4k | €3k | €5k |
| Tangible fixed assets | 22/27 | €4k | €4k | €3k | €3k |
| Financial fixed assets | 28 | - | - | - | €2k |
| Current assets | 29/58 | €66k | €99k | €79k | €58k |
| Amounts receivable within one year | 40/41 | €7k | €3k | €1k | €17k |
| Cash & bank | 54/58 | €58k | €97k | €78k | €41k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €70k | €104k | €82k | €63k |
| Equity | 10/15 | €24k | €31k | €5k | €-26k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €6k | €13k | €2k | €2k |
| Accumulated profits (losses) | 14 | - | - | €-16k | €-47k |
| Amounts payable | 17/49 | €46k | €72k | €77k | €89k |
| Amounts payable within one year | 42/48 | €28k | €57k | €62k | €77k |
| Trade debts payable within one year | 44 | €1k | €594 | €2k | €3k |
| Income statement | |||||
| Gross operating margin | 9900 | €-957 | €31k | €36k | €-10k |
| Operating result | 9901 | €-4k | €30k | €34k | €-11k |
| Financial income | 75 | €2 | €1 | €74 | - |
| Financial charges | 65 | €3k | €234 | €4k | €2k |
| Result before taxes | 9903 | €-6k | €30k | €31k | €-14k |
| Income taxes | 67/77 | €822 | €3k | - | - |
| Net result for the period | 9904 | €-7k | €26k | €31k | €-14k |
| Result to be appropriated | 9905 | €-7k | €26k | €31k | €-14k |
-
VERBRUGGEN SvenDirectorState Gazette act 23305498 (17-01-2023)Current17-01-2023 → present
Former directors (1)
-
HELSEN KathleenManagerState Gazette act 23305498 (17-01-2023)Former- → 17-01-2023
| NACE primary | Activities of building architects(71111) |
| Legal form | Private limited company(610) |
| Incorporation | 19-06-2006 |
| Status | Active |
| Postal code | 2018 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1236/00Y002 | Flanders | 421 m² | 1 · 346 m² | 25.8 m · 4 fl. |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-01-2023 1 director appointed, 1 resigning
- VERBRUGGEN Sven, Bestuurder
- HELSEN Kathleen, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "HELSEN Kathleen",
"address": "2018 Antwerpen, Quellinstraat 43 bus 8",
"birth_date": "1976-05-29",
"profession": null,
"birth_place": "Mechelen"
},
"reason": "rechtzetting",
"subkind": "rectification",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "6. De algemene vergadering besluit de huidige zaakvoerder, te weten: Mevrouw HELSEN Kathleen, geboren te Mechelen op 29 mei 1976, wonende te 2018 Antwerpen, Quellinstraat 43 bus 8 ontslag te geven uit haar functie.",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "VERBRUGGEN Sven",
"address": "2018 Antwerpen, Quellinstraat 43 bus 8",
"birth_date": "1977-04-04",
"profession": null,
"birth_place": "Borgerhout"
},
"reason": null,
"subkind": "confirmation",
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "De algemene vergadering gaat onmiddellijk over tot benoeming als niet-statutair bestuurders voor een onbepaalde duur van: De heer VERBRUGGEN Sven, geboren te Borgerhout op 4 april 1977, wonende te 2018 Antwerpen, Quellinstraat 43 bus 8, hier aanwezig en die aanvaardt. Zijn mandaat is onbezoldigd.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Carlos De Baecker",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-01-17",
"filing_date": "2023-01-13",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2022-12-05",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0882.109.486",
"name_full": "VAK ARCHITECTEN",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Carlos DE BAECKER",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Uitgifte akte",
"Co\u00F6rdinatie der statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | VAK |