VATOP
ActiveThe computed 12-month bankruptcy probability of VATOP is 1.8% (moderate). The 2025 annual accounts show equity of €63k and a net result of €6k. Equity is growing by ~32.3% per year across the filed fiscal years. Its solvency ranks better than 89% of 2167 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-14
Solvency100▲+5
Growth56▼-17
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 4.35 against 2.59 in 2024; short-term debt: 18.7% and cash: 7.9% of total assets), and 18.7% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.3%
Return on assets
7.2%
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 29-01-2026, 2 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
55 d early
2022
53 d early
2021
45 d early
← 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 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€453k▲ 73.3%
2022 · €262k
2021: €380k
2022: €262k
2021 → 2023
EBIT margin
4.4%▼ 2.5pp
2022 · 6.9%
2021: 4.3%
2022: 6.9%
2021 → 2023
Net result
€6k▼ 62.9%
2024 · €15k
2021: €12k
2022: €14k
2023: €15k
2024: €15k
2021 → 2025
Working capital
€49k▲ 26.1%
2024 · €39k
2021: €11k
2022: €26k
2023: €40k
2024: €39k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€380k-€262k▼ 31.2%€453k▲ 73.3%
Equity€15k-€28k▲ 92.6%€43k▲ 52.1%€58k▲ 35.3%€63k▲ 9.7%
Operating result€16k-€18k▲ 10.0%€20k▲ 10.6%€22k▲ 12.8%€11k▼ 50.3%
Net result€12k-€14k▲ 11.7%€15k▲ 8.4%€15k▲ 3.0%€6k▼ 62.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 50% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78k
Fixed assets
€15k▼ 23.4%
Current assets
€63k▲ 0.5%
Equity and liabilities €78k
Equity
€63k▲ 9.7%
Debt
€15k▼ 40.1%
The debt ratio falls from 29.6% to 18.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▼
2024 · €25k
Cash flow
€13k▼
2024 · €18k
Solvency
81.3%▲
2024 · 70.4%
Current ratio
4.35▲
2024 · 2.59
Quick ratio
4.35▲
2024 · 2.59
Debt / equity
0.23▼
2024 · 0.42
ROE
8.8%▼
2024 · 26.1%
ROA
7.2%▼
2024 · 18.3%
Interest coverage
6.16▼
2024 · 7.83
Debt
€15k▼
2024 · €24k
Debt ≤ 1 year
€15k▼
2024 · €24k
Income taxes
€2k▼
2024 · €4k
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€82k€78k▼
Fixed assets21/28€19k€15k▼
Tangible fixed assets22/27€19k€15k▼
Plant, machinery and equipment23€221-
Furniture and vehicles24€19k€15k▼
Current assets29/58€63k€63k▲
Amounts receivable within one year40/41€42k€57k▲
Trade receivables40€39k€56k▲
Other amounts receivable41€3k€947▼
Cash at bank and in hand54/58€21k€6k▼
Equity and liabilities
Total equity and liabilities10/49€82k€78k▼
Equity10/15€58k€63k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€55k€61k▲
Amounts payable17/49€24k€15k▼
Amounts payable within one year42/48€24k€15k▼
Trade debts44€19k€13k▼
Suppliers440/4€19k€13k▼
Bills of exchange payable441-€410
Taxes, remuneration and social security45€5k€1k▼
Taxes450/3€28€1k▲
Remuneration and social security454/9€5k-
Other amounts payable47/48€35€35=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€8k▲
Other operating charges640/8€866€1k▲
Gross operating margin9900€26k€20k▼
Operating profit (loss)9901€22k€11k▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€19k€8k▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€15k€6k▼
Profit (loss) for the period to be appropriated9905€15k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€61k▲
Profit (loss) brought forward from the previous period14P€40k€55k▲
The notes to these accounts (5 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €6k ▼62.9%
Net result drops to €6k, the lowest in the series.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Highest result since 2021net €15k ▲3%
Operating result €22k, net result €15k, both a record.
2023
07-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
09-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Sint-Pieters-Leeuw · 1 establishment unit since 2019
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.
Bergensesteenweg 4211600 Sint-Pieters-LeeuwGround area
8,961 m²
Building footprint
1,673 m²
Volume, LiDAR
3,504 m³
2 parcels, Brussels, Flanders · tallest building 23.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
VATOP
since 20192.296.238.933
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0505/00E000 | Flanders | 8,312 m² | 1 · 1,330 m² | - |
| 21383B0068/00M000 | Brussels | 650 m² | 1 · 343 m² | 23.5 m · 4 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.
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Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 13,194 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-11-2019
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
33120Repair and maintenance of machinery
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
43410Roofing work
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@admin-sprl.be
Phone:0492854058