VBG
The computed 12-month bankruptcy probability of VBG is 1.2% (low). The 2025 annual accounts show equity of €43k and a net result of €-6k. Equity is growing by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 11% of 325 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €43k |
| Net result | €-6k |
| Better than sector | 11% |
| Active | 10 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 6.5% | 39.1% | |
| Net result | €-6k | €40k | |
| Equity | €43k | €181k | |
| Gross operating margin | €42k | €212k | |
| Staff costs | €2k | €212k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €37k |
| Net profit | €-6k |
| Cash flow | €21k |
| Staff costs | €2k |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €659k |
| Equity | €43k |
| Debt | €616k |
| of which ≤ 1y | €218k |
| of which > 1y | €398k |
| Working capital | €-206k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.05 |
| Quick ratio | 0.05 |
| Working capital ratio | -31.3% |
| Solvency | 6.5% |
| Debt / equity | 14.38 |
| Long-term debt ratio | 9.29 |
| Interest coverage | 2.45 |
| Gross margin | - |
| Net margin | - |
| ROA | -0.9% |
| ROE | -13.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €659k |
| Fixed assets | 21/28 | €647k |
| Tangible fixed assets | 22/27 | €587k |
| Financial fixed assets | 28 | €60k |
| Current assets | 29/58 | €12k |
| Amounts receivable within one year | 40/41 | €11k |
| Cash & bank | 54/58 | €757 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €659k |
| Equity | 10/15 | €43k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €16k |
| Accumulated profits (losses) | 14 | €21k |
| Amounts payable | 17/49 | €616k |
| Amounts payable after one year | 17 | €398k |
| Amounts payable within one year | 42/48 | €218k |
| Trade debts payable within one year | 44 | €27k |
| Income statement | ||
| Gross operating margin | 9900 | €42k |
| Operating result | 9901 | €10k |
| Financial income | 75 | €266 |
| Financial charges | 65 | €15k |
| Result before taxes | 9903 | €-5k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €-6k |
| Result to be appropriated | 9905 | €-6k |
-
Current11-04-2024 → present
2 events
- 11-04-2024 Resigned· Director
- 11-04-2024 Mandate renewed· Director
| NACE primary | Specialised construction(43120) |
| Legal form | Private limited company(610) |
| Incorporation | 12-01-2016 |
| Status | Active |
| Postal code | 3290 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24019B0373/00F000 | Flanders | 1,107 m² | 1 · 161 m² | 10.9 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-12-2025 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": true,
"effective_date": "2025-12-18",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0645.851.239",
"name_full": "VBG",
"legal_form": "BV"
},
"signature_regime": "solo",
"special_mandates": [
{
"quote": "De algemene vergadering besluit de opdracht te geven aan Meester Hans DERACHE, Notaris te Tessenderlo-Ham om de co\u00F6rdinatie van de statuten op te maken en te ondertekenen, in overeenstemming met de vorige beslissingen, en de neerlegging daarvan op de griffie van de bevoegde Ondernemingsrechtbank",
"holder_kbo": null,
"holder_name": "Hans Derache",
"scope_categories": [
"publication",
"filing"
],
"with_substitution": false
}
],
"governance_change": {
"admin_delegated_added": []
}
}11-04-2024 1 resigning, 1 reappointed
- BROOS-GODTS Tobias, Bestuurder
- BROOS-GODTS Tobias, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "BROOS-GODTS Tobias",
"address": null,
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},
"evidence_quote": "De algemene vergadering besluit de huidige statutaire zaakvoerder, hierna vermeld, ontslag te geven uit zijn functie. De algemene vergadering verleent volledige en algehele kwijting aan de ontslagnemende statutaire zaakvoerder voor de uitoefening van zijn mandaat en gaat onmiddellijk over tot zijn h",
"discharge_granted": true
},
{
"kind": "director_renew",
"role": "bestuurder",
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"rrn": null,
"name": "BROOS-GODTS Tobias",
"address": null,
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},
"evidence_quote": "De algemene vergadering besluit de huidige statutaire zaakvoerder, hierna vermeld, ontslag te geven uit zijn functie. De algemene vergadering verleent volledige en algehele kwijting aan de ontslagnemende statutaire zaakvoerder voor de uitoefening van zijn mandaat en gaat onmiddellijk over tot zijn h"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0645.851.239",
"name_full": "VBG",
"legal_form": "BVBA"
}
}14-01-2016 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Hollestraat 17, 3290 Diest",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1990-11-16",
"name": "VANDENBULCKE Karen",
"niss": null,
"address": "3290 Diest, Hollestraat 17"
},
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3100,
"holder_person_name": "VANDENBULCKE Karen",
"is_subscriber_only": false,
"n_shares_subscribed": 62,
"amount_subscribed_eur": 9300,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1986-11-25",
"name": "BROOS-GODTS Tobias",
"niss": null,
"address": "3290 Diest, Hollestraat 17"
},
"share_class": "naam",
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"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3100,
"holder_person_name": "BROOS-GODTS Tobias",
"is_subscriber_only": false,
"n_shares_subscribed": 62,
"amount_subscribed_eur": 9300,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 18600,
"subject_company": {
"kbo": "0645.851.239",
"name_full": "VBG",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2016-01-08",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | VBG |