VAPRO BVBA
ActiveVAPRO BVBA has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117k and a net result of €-6k. Equity is growing by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▼-12
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
short-term debt: 0.9% and cash: 11.8% of total assets, and 0.9% 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.1%
Return on assets
-5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
6 d late
2023
on the day
2022
28 d late
2021
on the day
2020
1 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€117k▼ 4.8%
2024 · €122k
2019: €119k
2020: €99k
2021: €105k
2022: €104k
2023: €123k
2024: €122k
2019 → 2025
Total assets
€118k▼ 4.4%
2024 · €123k
2019: €133k
2020: €108k
2021: €133k
2022: €133k
2023: €133k
2024: €123k
2019 → 2025
Net result
€-6k▼ 2,503%
2024 · €-225
2019: €3k
2020: €-19k
2021: €5k
2022: €-337
2023: €18k
2024: €-225
2019 → 2025
Working capital
€117k▼ 4.8%
2024 · €122k
2019: €104k
2020: €97k
2021: €130k
2022: €130k
2023: €121k
2024: €122k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€105k-€104k▼ 0.3%€123k▲ 17.7%€122k▼ 0.2%€117k▼ 4.8%
Operating result€5k-€-2k€26k€-2k€-7k▼ 360%
Net result€5k-€-337€18k€-225€-6k▼ 2,503%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €2k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €118k
Equity
€117k▼ 4.8%
Debt
€1k▲ 58.4%
The debt ratio rises from 0.5% to 0.9%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
99.1%▼
2024 · 99.5%
Debt / equity
0.01▲
2024 · 0.01
ROE
-5.0%▼
2024 · -0.2%
ROA
-5.0%▼
2024 · -0.2%
Debt
€1k▲
2024 · €676
Debt ≤ 1 year
€1k▲
2024 · €676
A ratio outside any meaningful range has been withheld (balance sheet total €118k, equity €117k).
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€123k€118k▼
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Current assets29/58€123k€118k▼
Amounts receivable after more than one year29€73k€75k▲
Other amounts receivable291€73k€75k▲
Amounts receivable within one year40/41€35k€29k▼
Trade receivables40€33k€27k▼
Other amounts receivable41€2k€2k=
Cash at bank and in hand54/58€15k€14k▼
Equity and liabilities
Total equity and liabilities10/49€123k€118k▼
Equity10/15€122k€117k▼
Contributions10/11€19k€19k=
Reserves13€66k€66k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€64k€64k=
Profit (loss) carried forward14€38k€32k▼
Amounts payable17/49€676€1k▲
Amounts payable within one year42/48€676€1k▲
Trade debts44€676€1k▲
Suppliers440/4€676€1k▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Income statement
Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€6k
Other operating charges640/8€423€120▼
Gross operating margin9900€-1k€-1k▲
Operating profit (loss)9901€-2k€-7k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€61€45▼
Recurring financial charges65€61€45▼
Profit (loss) for the period before taxes9903€-225€-6k▼
Profit (loss) for the period9904€-225€-6k▼
Profit (loss) for the period to be appropriated9905€-225€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€32k▼
Profit (loss) brought forward from the previous period14P€38k€38k▼
The notes to these accounts (2 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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
30-06
Financial
Liquidity times 14current ratio 182.09
Current ratio from 12.72 to 182.09; short-term debt falls from €10k to €676.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-06
Financial
Liquidity times 10current ratio 117.70
Current ratio from 12.14 to 117.70; short-term debt falls from €9k to €1k.
30-06
Financial
Equity above €100kEq €105k ▲5.5%
Equity rises from €99k to €105k.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Weakest financial yearnet €-19k ▼723%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 27 days late
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, Duffel · 1 establishment unit since 1988
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.
Merodestraat 392570 DuffelGround area
1,855 m²
Building footprint
416 m²
Volume, LiDAR
3,581 m³
2 parcels, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VAPRO
since 19882.033.133.757
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12009A0526/02E004 | Flanders | 1,187 m² | 1 · 305 m² | 10.0 m · 3 fl. |
| 12009A0007/00V000 | Flanders | 668 m² | 1 · 111 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
CATHODICA
BE 0628.652.743
Grimbergen · Eq €118k
VERNOPHARMA
BE 0441.952.982
Harelbeke · Eq €122k
VOSSEN LABORATORIES
BE 0441.429.578
Hasselt · Eq €111k
SOBEX
BE 0445.894.350
Kuurne · Eq €110k
BELPOL INTERNATIONAL
BE 0452.008.914
Evere · Eq €107k
Of 1,229 companies in sector 46851 we hold annual accounts for 516. 259 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-12-1987
Fiscal year end30-06
Activities, NACEBEL
46851Wholesale of industrial chemicals
51550
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.