Result
€262,331 €262,331
Back in profit in 2025, after a loss of €179,072 in 2024.
VASSAR
Lifetime
2 annual accounts with figures on one time axispeak €239,881 (2025)
€239,881▲ €324,303
lowest -€179,072 (2024)
€262,331▲ €441,403
peak €105,481 (2025)
€105,481▲ €262,331
€2.3m▼ 4.6%
Board2 names since 2023
1 directorM4X
Documentsfilings and deeds
11-09-202642 days late
2025abbreviated format
Gross margin from -€84,422 to €239,881Back to profit: €262,331Equity from -€156,850 to €105,481Cash from €9,924 to €63,067
Key points
from the 2025 annual accountsDebts
€2.3m 96% of the balance sheet
Financial debts 54%Suppliers 6%Taxes and wages 0%Other 40%
Of this, €1.5m falls due within a year.
Position in the sector
4.4%
Lower solvency than 91% of companies in financial services. Sector median 50.8% · 6,708 companies.
2025 accounts filed 42 days after the deadlineFinancial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
raises risk
raises risk · 2025 accounts filed 42 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
42 days late
2024
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 20 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- PARAN Maxime 22,222 sharesdeed of 06-10-2023
Shares in 2 companies, FORCADO and FORCADO UCCLE
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1000768893
Incorporation
Founding capital of €22,222, 22,222 shares · Founder: PARAN Maxime · Appointment: M4X (director) · published on 06-10-2023 · Gazette deed
First establishment
Jacques Pasturlaan 29, Uccle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VASSAR Uccle | €2.4m | €239,881 | 4.4% | - |
| LORALY Uccle | €2.3m | €257,002 | 98.7% | - |
| ANTWERPSE PARTICIPATIEMAATSCHAPPIJ Antwerp | €2.3m | €267,019 | 59.7% | - |
| WMR Holding Pelt | €2.2m | €231,048 | 35.5% | - |
| Just-Venture Oudenaarde | €2.9m | €256,181 | 39.9% | - |
| CIPYTA Ottignies-Louvain-la-Neuve | €2.0m | €257,222 | 17.7% | - |
| CAPALENTINA Boussu | €2.3m | €302,912 | 25.8% | 0 |
These companies have the same main activity as VASSAR: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €2m and €2.9m, founded in 2023.
Official details
Source: KBO- Status
- Active since 04-10-2023Normal situation
- Activity
- Activities of holding companiesNACE 64210and 2 others
- Establishment unit
- 2.350.962.3731180 Uccle, since 04-10-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Insights on VASSAR
VASSAR is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €105,481 and a net result of €262,331.
Its solvency ranks better than 9% of 6,708 sector peers (NACE 64, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VASSAR
- What is the company number of VASSAR?
- The company number of VASSAR is 1000.768.893. The VAT number is the same number with BE in front: BE 1000.768.893.
- Where is VASSAR based?
- The registered office is at Jacques Pasturlaan 29, 1180 Uccle.Company details
- What does VASSAR do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of VASSAR?
- VASSAR is a private limited company (BV).
- When was VASSAR founded?
- VASSAR was founded on 04-10-2023.
- Is VASSAR still active?
- Yes, VASSAR is an active enterprise in the KBO register.
- What is the turnover of VASSAR?
- The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €239,881 and 32 comparable companies (NACE 64210). It probably lies between €320,000 and €470,000.Financials
- Is VASSAR profitable?
- In financial year 2025, VASSAR made a profit of €262,331.
- Where can I find the annual accounts of VASSAR?
- VASSAR filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VASSAR due?
- VASSAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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