VBK Renting
ActiveVBK Renting has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.56M and a net result of €230k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 40% of 907 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability32▲+18
Solvency33▼-6
Growth73=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.12 in 2024), and 71.8% 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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
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
28.2%
Return on assets
1.8%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-04-2026, 106 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
106 d early
2024
85 d early
2023
48 d early
2022
9 d late
2021
90 d early
2020
110 d early
2019
123 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€2.77M▲ 9.3%
2018 · €2.53M
2018: €2.53M
2018 → 2019
EBIT margin
8.6%▲ 3.5pp
2018 · 5.1%
2018: 5.1%
2018 → 2019
Net result
€230k▲ 147%
2024 · €93k
2018: €25k
2019: €99k
2020: €287k
2021: €416k
2022: €355k
2023: €99k
2024: €93k
2018 → 2025
Working capital
€-7.68M▼ 26.6%
2024 · €-6.07M
2018: €-7.77M
2019: €-8.68M
2020: €-7.58M
2021: €-7.44M
2022: €-6.48M
2023: €-6.73M
2024: €-6.07M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.79M-€3.14M▲ 12.7%€3.24M▲ 3.1%€3.33M▲ 2.9%€3.56M▲ 6.9%
Operating result€645k-€574k▼ 11.0%€394k▼ 31.4%€345k▼ 12.5%€554k▲ 60.6%
Net result€416k-€355k▼ 14.6%€99k▼ 72.1%€93k▼ 5.8%€230k▲ 147%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 61% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.63M
Fixed assets
€11.49M▲ 19.4%
Current assets
€1.14M▲ 37.2%
Equity and liabilities €12.63M
Equity
€3.56M▲ 6.9%
Debt
€9.07M▲ 27.4%
The debt ratio rises from 68.1% to 71.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€3.49M▲
2024 · €2.79M
Cash flow
€3.17M▲
2024 · €2.54M
Solvency
28.2%▼
2024 · 31.9%
Current ratio
0.13▲
2024 · 0.12
Quick ratio
0.13▲
2024 · 0.12
Debt / equity
2.54▲
2024 · 2.14
ROE
6.5%▲
2024 · 2.8%
ROA
1.8%▲
2024 · 0.9%
Interest coverage
14.15▲
2024 · 12.61
Debt
€9.07M▲
2024 · €7.12M
Debt ≤ 1 year
€8.82M▲
2024 · €6.90M
Income taxes
€77k▲
2024 · €31k
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€10.45M€12.63M▲
Fixed assets21/28€9.62M€11.49M▲
Tangible fixed assets22/27€9.62M€11.49M▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€9.62M€11.49M▲
Financial fixed assets28€0-
Current assets29/58€834k€1.14M▲
Amounts receivable within one year40/41€231k€317k▲
Trade receivables40€96k€240k▲
Other amounts receivable41€135k€77k▼
Cash at bank and in hand54/58€603k€827k▲
Equity and liabilities
Total equity and liabilities10/49€10.45M€12.63M▲
Equity10/15€3.33M€3.56M▲
Contributions10/11€1.70M€1.70M=
Reserves13€1.63M€1.86M▲
Distributable reserves133€1.63M€1.86M▲
Amounts payable17/49€7.12M€9.07M▲
Amounts payable within one year42/48€6.90M€8.82M▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€98k€421k▲
Suppliers440/4€98k€421k▲
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€6.80M€8.40M▲
Accrued charges and deferred income492/3€219k€247k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.45M€2.94M▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€2.80M€3.50M▲
Operating profit (loss)9901€345k€554k▲
Financial income75/76B€928€108▼
Recurring financial income75€928€108▼
Financial charges65/66B€221k€247k▲
Recurring financial charges65€221k€247k▲
Profit (loss) for the period before taxes9903€125k€307k▲
Income taxes67/77€31k€77k▲
Profit (loss) for the period9904€93k€230k▲
Profit (loss) for the period to be appropriated9905€93k€230k▲
Appropriation of the result
Profit (loss) to be appropriated9906€93k€230k▲
Transfer to equity691/2€93k€230k▲
To other reserves6921€93k€230k▲
The notes to these accounts (13 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
16-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 9 days late
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €416k ▲45%
Operating result €645k, net result €416k, both a record.
12-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €2MEq €2.08M ▲5%
2 profitable years in a row build equity to €2.08M.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
JO VERBEKEN
CurrentDirector · since 16-03-2023 · Private limited company · perm. rep.: VERBEKEN Jo Francine Etienne
16-03-2023
JO VERBEKEN: Appointed as Director
16-03-2023
VERBEKEN Jos Guido Joannes: Resigned as Director
Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 1997
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.
Hoogveld 859200 DendermondeGround area
1.4 ha
Building footprint
2,129 m²
Volume, LiDAR
14,792 m³
Parcel 42021A0905/00L000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VBK Renting
since 19972.035.646.948
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021A0905/00L000 | Flanders | 1.4 ha | 1 · 2,129 m² | 9.2 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
Europcar
BE 0413.087.168
Elsene · Eq €3.61M
MAXITRUCK FINANCE & LEASE
BE 0417.226.890
Waregem · Eq €3.66M
ALL CAR RENT
BE 0446.124.576
Antwerpen · Eq €3.46M
SERVICE RENT
BE 0477.955.523
Sint-Truiden · Eq €3.46M
HABITAT INVEST
BE 0476.903.468
Peer · Eq €3.43M
Of 1,435 companies in sector 77110 we hold annual accounts for 724. 205 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-1979
Fiscal year end31-12
Activities, NACEBEL
77110Renting and leasing of cars and light motor vehicles
22210Manufacture of rubber and plastic products
46851Wholesale of industrial chemicals
51550
65111Insurance, reinsurance and pension funding, except compulsory social security
66199Other activities auxiliary to financial services, excluding insurance and pension funding
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.