VB COORDINATION
ActiveSummary
VB COORDINATION has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€739,735) and a net result of -€527. Equity remains stable across the filed fiscal years (±0.1% per year). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability37
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01; short-term debt: 101.6% and cash: 0.6% of total assets), and equity is negative.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 · 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
-367.5%
Return on assets
-0.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€739,735
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 10 filingsDeviation from the deadline
2025
25 d late
2024
173 d late
2023
62 d late
2022
30 d late
2021
30 d late
2020
115 d late
2019
115 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 79 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€739,735▼ 0.1%
2024 · -€739,207
Total assets
€201,282▲ 15,603%
2024 · €1,282
Net result
-€527▲ 9.6%
2023 · -€583
Working capital
-€203,265▼ 7,325%
2024 · -€2,738
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€464=-€464=-€473▼ 1.9%-€527
Net result-€464▲ 17.0%-€464=-€583▼ 25.6%-€527
Equity-€738,159▼ 0.1%-€738,624▼ 0.1%-€739,207▼ 0.1%-€739,207=-€739,735▼ 0.1%
Total assets€1,392=€1,392=€1,282▼ 7.9%€1,282=€201,282▲ 15,603%
Debt€739,551▲ 0.1%€740,016▲ 0.1%€740,489▲ 0.1%€740,489=€941,016▲ 27.1%
Working capital-€1,690▼ 37.9%-€2,154▼ 27.5%-€2,738▼ 27.1%-€2,738=-€203,265▼ 7,325%
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 is -€527 in 2025, compared with -€473 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
Assets €201,282
Fixed assets
€200,000
Current assets
€1,282
Key figures and ratios
Solvency
-367.5%
Current ratio
0.01
Debt to equity
-1.27
ROA
-0.3%
Debt ≤ 1 year
€204,547▲
2024 · €4,019
Debt > 1 year
€736,470=
2024 · €736,470
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €410 | €410 | €410 | - | €462 | - |
| Gross operating margin9900 | -€55 | -€55 | -€64 | - | -€66 | - |
| Operating profit (loss)9901 | -€464 | -€464 | -€473 | - | -€527 | - |
| Financial charges65/66B | - | - | €110 | - | - | - |
| Recurring financial charges65 | - | - | €110 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€464 | -€464 | -€583 | - | -€527 | - |
| Profit (loss) for the period9904 | -€464 | -€464 | -€583 | - | -€527 | - |
| Profit (loss) for the period to be appropriated9905 | -€464 | -€464 | -€583 | - | -€527 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1,392 | €1,392 | €1,282 | €1,282 | €201,282 | ▲ 15,603% |
| Fixed assets21/28 | - | - | - | - | €200,000 | - |
| Financial fixed assets28 | - | - | - | - | €200,000 | - |
| Current assets29/58 | €1,392 | €1,392 | €1,282 | €1,282 | €1,282 | = |
| Cash at bank and in hand54/58 | €1,392 | €1,392 | €1,282 | €1,282 | €1,282 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1,392 | €1,392 | €1,282 | €1,282 | €201,282 | ▲ 15,603% |
| Equity10/15 | -€738,159 | -€738,624 | -€739,207 | -€739,207 | -€739,735 | ▼ 0.1% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €242,071 | €242,071 | €242,071 | €242,071 | €242,071 | = |
| Non-distributable reserves130/1 | €3,099 | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Legal reserve130 | €3,099 | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Distributable reserves133 | €238,973 | €238,973 | €238,973 | €238,973 | €238,973 | = |
| Profit (loss) carried forward14 | -€1.0m | -€1.0m | -€1.0m | -€1.0m | -€1.0m | ▼ 0.1% |
| Amounts payable17/49 | €739,551 | €740,016 | €740,489 | €740,489 | €941,016 | ▲ 27.1% |
| Amounts payable after more than one year17 | €736,470 | €736,470 | €736,470 | €736,470 | €736,470 | = |
| Other amounts payable178/9 | €736,470 | €736,470 | €736,470 | €736,470 | €736,470 | = |
| Amounts payable within one year42/48 | €3,082 | €3,546 | €4,019 | €4,019 | €204,547 | ▲ 4,989% |
| Other amounts payable47/48 | €3,082 | €3,546 | €4,019 | €4,019 | €204,547 | ▲ 4,989% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€464 | -€464 | -€583 | - | -€527 | - |
| Operating cash flow (approximation) | -€464 | -€464 | -€583 | - | -€527 | - |
| Change in cash | - | €0 | -€110 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 173 days late
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 115 days late
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 115 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
13-02
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 197 days late
NBB filing
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Heusden-Zolder · 1 establishment unit since 1983
Ground area
4,639 m²
Building footprint
667 m²
Volume, LiDAR
5,374 m³
2 parcels, Flanders · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
VB COORDINATION
since 19832.035.076.331
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71462D0579/00C003 | Flanders | 4,151 m² | 1 · 343 m² | 8.6 m · 2 fl. |
| 71462D0341/00T000 | Flanders | 488 m² | 1 · 324 m² | 13.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded08-12-1982
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.