VB COMPANY
ActiveThe computed 12-month bankruptcy probability of VB COMPANY is 1.7% (moderate). The 2025 annual accounts show equity of €87k and a net result of €10k. Equity is growing by ~23% per year across the filed fiscal years. Its solvency ranks better than 22% of 2117 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy▼ -13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▲+7
Solvency23▼-38
Growth78=
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.35 in 2024), and 86.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
13.5%
Return on assets
1.6%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 2117 sector peers (2025).
NBB · sector comparisonPosition among 2117 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
14 d late
2021
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
09-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€87k▼ 11.2%
2024 · €98k
2021: €11k
2022: €32k
2023: €88k
2024: €98k
2021 → 2025
Total assets
€642k▲ 122%
2024 · €289k
2021: €648k
2022: €515k
2023: €474k
2024: €289k
2021 → 2025
Net result
€10k▲ 1.5%
2024 · €10k
2021: €803
2022: €21k
2023: €56k
2024: €10k
2021 → 2025
Working capital
€65k▼ 2.7%
2024 · €67k
2021: €128k
2022: €-16k
2023: €48k
2024: €67k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€32k▲ 194%€88k▲ 177%€98k▲ 11.2%€87k▼ 11.2%
Operating result€12k-€33k▲ 173%€77k▲ 132%€14k▼ 82.1%€17k▲ 21.4%
Net result€803-€21k▲ 2,507%€56k▲ 168%€10k▼ 82.4%€10k▲ 1.5%
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 recovers in 2025; 2025 is 21% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €642k
Fixed assets
€21k▼ 29.8%
Current assets
€620k▲ 140%
Equity and liabilities €642k
Equity
€87k▼ 11.2%
Debt
€555k▲ 190%
The debt ratio rises from 66.2% to 86.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€26k▲
2024 · €23k
Cash flow
€19k▲
2024 · €19k
Solvency
13.5%▼
2024 · 33.8%
Current ratio
1.12▼
2024 · 1.35
Quick ratio
0.53▼
2024 · 0.95
Debt / equity
6.40▲
2024 · 1.96
ROE
11.6%▲
2024 · 10.1%
ROA
1.6%▼
2024 · 3.4%
Interest coverage
12.46▼
2024 · 112.85
Debt
€555k▲
2024 · €191k
Debt ≤ 1 year
€555k▲
2024 · €191k
Income taxes
€5k▲
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€289k€642k▲
Fixed assets21/28€31k€21k▼
Tangible fixed assets22/27€31k€21k▼
Land and buildings22€20k€20k=
Plant, machinery and equipment23€11k€1k▼
Current assets29/58€258k€620k▲
Stocks and contracts in progress3€77k€327k▲
Stocks30/36€21k€327k▲
Contracts in progress37€56k-
Amounts receivable within one year40/41€118k€124k▲
Trade receivables40€97k€86k▼
Other amounts receivable41€21k€38k▲
Cash at bank and in hand54/58€63k€165k▲
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€289k€642k▲
Equity10/15€98k€87k▼
Contributions10/11€10k€10k=
Reserves13€87k€76k▼
Distributable reserves133€87k€76k▼
Profit (loss) carried forward14€803€803=
Amounts payable17/49€191k€555k▲
Amounts payable within one year42/48€191k€555k▲
Financial debts43-€450k
Credit institutions430/8-€450k
Trade debts44€18k€25k▲
Suppliers440/4€18k€25k▲
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€173k€78k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€638€2k▲
Gross operating margin9900€23k€27k▲
Operating profit (loss)9901€14k€17k▲
Financial income75/76B€60€748▲
Recurring financial income75€60€748▲
Financial charges65/66B€201€2k▲
Recurring financial charges65€201€2k▲
Profit (loss) for the period before taxes9903€14k€15k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€10k€10k▲
Profit (loss) for the period to be appropriated9905€10k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€11k▲
Profit (loss) brought forward from the previous period14P€803€803=
Transfer from equity791/2-€21k
Transfer to equity691/2€10k€10k▲
To other reserves6921€10k€10k▲
Profit to be distributed694/7-€21k
Return on contributions (dividend)694-€21k
The notes to these accounts (4 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Highest result since 2021net €56k ▲168%
Operating result €77k, net result €56k, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 14 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Heuvelland · 1 establishment unit since 2020
Ground area
372 m²
Building footprint
77 m²
Volume, LiDAR
466 m³
Parcel 33030C0348/00M002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VB COMPANY
since 20202.299.944.135
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33030C0348/00M002 | Flanders | 372 m² | 1 · 77 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
DHS CONSTRUCTIONS
BE 0471.774.148
Walhain · Eq €87k
JACQUEMIN CONSTRUCT
BE 0836.288.369
Hannut · Eq €87k
HOUSELAB
BE 0862.419.179
Antwerpen · Eq €87k
LVC Werfleiding
BE 0677.726.033
Sint-Niklaas · Eq €87k
BARA BROST
BE 0894.965.946
Zuienkerke · Eq €87k
Of 29,529 companies in sector 41001 we hold annual accounts for 15,845. 13,016 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43350Other building finishing work
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.