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Complete company report
Generated 21-08-2026
Active BE 0890.273.423Private limited company

VAPRO BELGIË

Abtsdreef 10B ·2940 Stabroek, Belgium· 19 yrs active
Sector: Arbeidsbemiddeling (78100)
Conclusion Checked

The computed 12-month bankruptcy probability of VAPRO BELGIË is 0.5% (low). The 2023 annual accounts show equity of €161k and a net result of €5k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 76 sector peers (fiscal year 2023). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €161k
Net result €5k
Staff (FTE) 1
Better than sector 82%
Financial profile 5 of 5 axes measured · computed by Checked
Health78Profitability14Solvency96Growth78Stability100
73 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 78
Profitability 14
Solvency 96
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.5% Low
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Long track record −Lower-failure-rate sector −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Established
Founded in 2007, 19 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
78 / 100 Excellent
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 28-10-2025 with the NBB · fiscal year 2023 · verkort
€-300k€-200k€-100k€0€100kOperating result 2019: €14k€14kNet result 2019: €-150k€-150kOperating result 2020: €-96k€-96kNet result 2020: €-249k€-249kOperating result 2021: €22k€22kNet result 2021: €21k€21kOperating result 2022: €116k€116kNet result 2022: €114k€114kOperating result 2023: €9k€9kNet result 2023: €5k€5k20192020202120222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~10.6%/year over 6 fiscal years, indicative, assuming unchanged policy.
€0€50k€100k€150k€200k2024: €176k (€164k - €189k)2025: €188k (€176k - €201k)2026: €200k (€185k - €216k)2018: €108k2019: €120k2020: €22k2021: €43k2022: €156k2023: €161k201820192020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).

Sector comparison
Fiscal year 2023 · NACE 78 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 51.4% 19.6%
better than 82% of 76 sector peers
Net result €5k €13k
better than 45% of 77 sector peers
Equity €161k €88k
better than 62% of 76 sector peers
Gross operating margin €134k €472k
better than 34% of 76 sector peers
Staff costs €124k €782k
higher than 15% of 57 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€14k
+891.5% 18-23
Net profit
€5k
-95.9% 18-23
Cash flow
€-150k
+7.4% 18-23
Total assets
€313k
-13.5% 18-23
Equity
€161k
+3.0% 18-23
Working capital
€228k
+13.0% 18-23
Employees (FTE)
1
0.0% 18-23
Staff costs
€124k
+14.9% 18-23
Show 9 other metrics
Income taxes
€208
-14.1% 18-23
Debt
€152k
-26.0% 18-23
Debt ≤ 1y
€85k
-46.9% 18-23
Current ratio
3.69
+63.0% 18-23
Quick ratio
3.69
+63.0% 18-23
Solvency
51.4%
+19.1% 18-23
Debt / equity
0.95
-28.2% 18-23
ROE
2.9%
-96.0% 18-23
ROA
1.5%
-95.3% 18-23
Figures by fiscal year
Fiscal year2023
Depositverkort
Revenue-
EBITDA-
Net profit€5k
Cash flow-
Staff costs€124k
Income taxes€208
Dividends-
Total assets€313k
Equity€161k
Debt€152k
of which ≤ 1y€85k
of which > 1y-
Working capital€228k
Employees (FTE)1.0
Ratios (computed)
2023
Current ratio3.69
Quick ratio3.69
Working capital ratio72.8%
Solvency51.4%
Debt / equity0.95
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA1.5%
ROE2.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€313k
Fixed assets 21/28€242
Financial fixed assets 28€242
Current assets 29/58€313k
Amounts receivable within one year 40/41€312k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€313k
Equity 10/15€161k
Contributions / capital 10/11€269k
Reserves 13€2k
Accumulated profits (losses) 14€-110k
Amounts payable 17/49€152k
Amounts payable within one year 42/48€85k
Trade debts payable within one year 44€40k
Income statement
Gross operating margin 9900€134k
Operating result 9901€9k
Financial charges 65€4k
Result before taxes 9903€5k
Income taxes 67/77€208
Net result for the period 9904€5k
Result to be appropriated 9905€5k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Arbeidsbemiddeling(78100)
Legal form Private limited company(610)
Incorporation22-06-2007
StatusActive
Postal code2940
Establishment units 1 location
Vapro België
Abtsdreef 10, 2940 StabroekVolwassenenvorming
since 20072.164.052.875
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11044E0277/00S002 Flanders 7,340 m² 1 · 2,313 m² 12.9 m · 3 fl.
11044E0277/00P002 Flanders 6,369 m² 1 · 1,863 m² 8.5 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
28-10-2025
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2024
02-12-2024
NBB filing Annual accounts filed
fiscal year 2022 · verkort
18-07-2024
State Gazette act Director changes
2022
29-12-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
03-01-2022
NBB filing Annual accounts filed
fiscal year 2020 · verkort
03-01-2022
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
30-10-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
03-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
08-09-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
30-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
08-07-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
Belgian State Gazette reading coverage 0 of 6 acts read

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2024
18-07-2024 Figurad reappointed as statutory auditor Director changes
  • Figurad, Commissaris
Technical details 
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Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige adviesbureaus op het gebied van bedrijfsvoering en beheer74142Personeelsselectie en plaatsing74501Arbeidsbemiddeling78100
Primary activity highlighted.
Names & trade names
Legal nameNL VAPRO BELGIË
Registered office
Abtsdreef 10B
2940 Stabroek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative