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VBF IMMO

Active
Private limited companyfounded 20242 yrs activeRue de la Grande Cliquotte 2, 4460 Grâce-Hollogne, BelgiumKBO/BCE: BE 1010.609.841
Summary

VBF IMMO has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,284) and a net result of -€4,284. Its solvency ranks better than 17% of 14173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
Axes
Profitability3
Solvency21
Growth-
Track record67
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.67; short-term debt: 102.7% and cash: 57.2% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
-3.9%
Return on assets
-12.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 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 · 1 filing
Deviation from the deadline
2025
41 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 21 June 2024, VBF IMMO was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€1,284
Total assets
€33,286
Net result
-€4,284
Working capital
-€11,158

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €33,286
Fixed assets €10,274
Current assets €23,012
Key figures and ratios
2025 value
EBITDA
-€3,788
Cash flow
-€3,683
Solvency
-3.9%
Current ratio
0.67
Debt to equity
-26.92
ROA
-12.9%
Interest coverage
-138.56
Debt
€34,570
Debt ≤ 1 year
€34,170

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,663 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€33,286
Fixed assets21/28€10,274
Tangible fixed assets22/27€10,274
Land and buildings22€10,274
Current assets29/58€23,012
Amounts receivable within one year40/41€464
Other amounts receivable41€464
Cash at bank and in hand54/58€19,048
Deferred charges and accrued income490/1€3,500
Equity and liabilities
Total equity and liabilities10/49€33,286
Equity10/15-€1,284
Contributions10/11€3,000
Profit (loss) carried forward14-€4,284
Amounts payable17/49€34,570
Amounts payable within one year42/48€34,170
Trade debts44€200
Suppliers440/4€200
Other amounts payable47/48€33,970
Accrued charges and deferred income492/3€400
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€601
Gross operating margin9900-€3,788
Operating profit (loss)9901-€4,389
Financial income75/76B€133
Recurring financial income75€133
Financial charges65/66B€27
Recurring financial charges65€27
Profit (loss) for the period before taxes9903-€4,284
Profit (loss) for the period9904-€4,284
Profit (loss) for the period to be appropriated9905-€4,284
Appropriation of the result
Profit (loss) to be appropriated9906-€4,284

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€601
Gross operating margin9900-€3,788
Operating profit (loss)9901-€4,389
Financial income75/76B€133
Recurring financial income75€133
Financial charges65/66B€27
Recurring financial charges65€27
Profit (loss) for the period before taxes9903-€4,284
Profit (loss) for the period9904-€4,284
Profit (loss) for the period to be appropriated9905-€4,284
Line2025
Assets
Total assets20/58€33,286
Fixed assets21/28€10,274
Tangible fixed assets22/27€10,274
Land and buildings22€10,274
Current assets29/58€23,012
Amounts receivable within one year40/41€464
Other amounts receivable41€464
Cash at bank and in hand54/58€19,048
Deferred charges and accrued income490/1€3,500
Equity and liabilities
Total equity and liabilities10/49€33,286
Equity10/15-€1,284
Contributions10/11€3,000
Profit (loss) carried forward14-€4,284
Amounts payable17/49€34,570
Amounts payable within one year42/48€34,170
Trade debts44€200
Suppliers440/4€200
Other amounts payable47/48€33,970
Accrued charges and deferred income492/3€400
Line2025
Profit (loss) for the period9904-€4,284
+ Depreciation and write-downs630€601
Operating cash flow (approximation)-€3,683

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
10-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 41 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Grâce-Hollogne
exact location from the address register On OpenStreetMap
Ground area
547 m²
Building footprint
113 m²
Volume, LiDAR
1,038 m³
Parcel 62046A1547/00X009, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62046A1547/00X009 Wallonia 547 m² 1 · 113 m² 11.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 7,326 companies in sector 68110 we hold annual accounts for 5,384. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010609841
Also 9925:BE1010609841
Registered 13-04-2026

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.