vbkoncept
ActiveSummary
vbkoncept has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €146,018 and a net result of -€2,660. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 91% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-17
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 12.08 against 4.62 in 2024; short-term debt: 7.2% and cash: 66.8% of total assets), and 7.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 09-06-2026, 52 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
52 d early
2024
17 d early
2023
27 d early
2022
on the day
2021
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed 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. Usually files around 14 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€146,018▼ 1.8%
2024 · €148,679
Total assets
€158,213▼ 13.8%
2024 · €183,635
Net result
-€2,660
2024 · €22,132
Working capital
€126,849▲ 1.3%
2024 · €125,281
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€70,369-€67,999▼ 3.4%€66,563▼ 2.1%€29,988▼ 54.9%-€1,289
Net result€50,123above the sector's middle half-€48,681above the sector's middle half▼ 2.9%€46,474within the sector's middle half▼ 4.5%€22,132within the sector's middle half▼ 52.4%-€2,660below the sector's middle half
Equity€53,523within the sector's middle half-€102,204within the sector's middle half▲ 91.0%€148,679within the sector's middle half▲ 45.5%€148,679within the sector's middle half=€146,018within the sector's middle half▼ 1.8%
Total assets€87,674within the sector's middle half-€140,759within the sector's middle half▲ 60.5%€177,979within the sector's middle half▲ 26.4%€183,635within the sector's middle half▲ 3.2%€158,213within the sector's middle half▼ 13.8%
Debt€34,150-€38,555▲ 12.9%€29,301▼ 24.0%€34,956▲ 19.3%€12,195▼ 65.1%
Working capital€20,203within the sector's middle half-€57,959within the sector's middle half▲ 187%€117,028within the sector's middle half▲ 102%€125,281above the sector's middle half▲ 7.1%€126,849above the sector's middle half▲ 1.3%
Solvency61.0%within the sector's middle half-72.6%within the sector's middle half▲ 11.6pp83.5%above the sector's middle half▲ 10.9pp81.0%within the sector's middle half▼ 2.6pp92.3%above the sector's middle half▲ 11.3pp
Current ratio1.59within the sector's middle half-2.52within the sector's middle half▲ 0.935.09above the sector's middle half▲ 2.574.62within the sector's middle half▼ 0.4812.08above the sector's middle half▲ 7.47
Return on assets (ROA)57.2%above the sector's middle half-34.6%above the sector's middle half▼ 22.6pp26.1%within the sector's middle half▼ 8.5pp12.1%within the sector's middle half▼ 14.1pp-1.7%below the sector's middle half▼ 13.7pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1,289 after €29,988 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €158,213
Fixed assets
€19,918 ▼ 15.9%
Current assets
€138,295 ▼ 13.5%
Equity and liabilities €158,213
Equity
€146,018 ▼ 1.8%
Debt
€12,195 ▼ 65.1%
Debt's share of the balance-sheet total falls from 19.0% to 7.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€12,120▼
2024 · €42,590
Cash flow
€10,748▼
2024 · €34,734
Debt to equity
0.08▼
2024 · 0.24
ROE
-1.8%▼
2024 · 14.9%
Interest coverage
72.99▼
2024 · 205.25
Debt ≤ 1 year
€11,447▼
2024 · €34,655
Income taxes
€1,206▼
2024 · €7,648
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.1%
went bankrupt
7.3%
stopped otherwise
90%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 3,442 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,969 | €9,632 | €12,393 | €12,602 | €13,409 | ▲ 6.4% |
| Other operating charges640/8 | €2,147 | €1,056 | €1,143 | €1,244 | €1,223 | ▼ 1.7% |
| Gross operating margin9900 | €79,485 | €78,687 | €80,099 | €43,834 | €13,343 | ▼ 69.6% |
| Operating profit (loss)9901 | €70,369 | €67,999 | €66,563 | €29,988 | -€1,289 | ▼ 104% |
| Financial income75/76B | - | €20 | €0 | - | - | - |
| Recurring financial income75 | - | €20 | €0 | - | - | - |
| Financial charges65/66B | €294 | €417 | €438 | €208 | €166 | ▼ 20.0% |
| Recurring financial charges65 | €294 | €417 | €438 | €208 | €166 | ▼ 20.0% |
| Profit (loss) for the period before taxes9903 | €70,075 | €67,602 | €66,126 | €29,780 | -€1,455 | ▼ 105% |
| Income taxes67/77 | €19,952 | €18,921 | €19,651 | €7,648 | €1,206 | ▼ 84.2% |
| Profit (loss) for the period9904 | €50,123 | €48,681 | €46,474 | €22,132 | -€2,660 | ▼ 112% |
| Profit (loss) for the period to be appropriated9905 | €50,123 | €48,681 | €46,474 | €22,132 | -€2,660 | ▼ 112% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87,674 | €140,759 | €177,979 | €183,635 | €158,213 | ▼ 13.8% |
| Fixed assets21/28 | €33,397 | €44,761 | €32,368 | €23,698 | €19,918 | ▼ 15.9% |
| Tangible fixed assets22/27 | €33,397 | €44,761 | €32,368 | €23,698 | €19,918 | ▼ 15.9% |
| Plant, machinery and equipment23 | - | €2,684 | €1,773 | €861 | €0 | ▼ 100% |
| Furniture and vehicles24 | €33,397 | €35,947 | €25,487 | €15,026 | €4,623 | ▼ 69.2% |
| Other tangible fixed assets26 | - | €6,130 | €5,109 | €7,811 | €15,295 | ▲ 95.8% |
| Current assets29/58 | €54,277 | €95,998 | €145,611 | €159,937 | €138,295 | ▼ 13.5% |
| Amounts receivable within one year40/41 | €17,432 | €19,478 | €22,414 | €20,652 | €29,010 | ▲ 40.5% |
| Trade receivables40 | €17,432 | €19,474 | €22,414 | €16,300 | €12,350 | ▼ 24.2% |
| Other amounts receivable41 | - | €5 | €0 | €4,352 | €16,659 | ▲ 283% |
| Cash at bank and in hand54/58 | €36,802 | €75,441 | €121,131 | €137,088 | €105,670 | ▼ 22.9% |
| Deferred charges and accrued income490/1 | €43 | €1,079 | €2,066 | €2,197 | €3,616 | ▲ 64.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87,674 | €140,759 | €177,979 | €183,635 | €158,213 | ▼ 13.8% |
| Equity10/15 | €53,523 | €102,204 | €148,679 | €148,679 | €146,018 | ▼ 1.8% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €48,523 | €97,204 | €143,679 | €143,679 | €143,679 | = |
| Distributable reserves133 | €48,523 | €97,204 | €143,679 | €143,679 | €143,679 | = |
| Profit (loss) carried forward14 | - | €0 | - | €0 | -€2,660 | - |
| Amounts payable17/49 | €34,150 | €38,555 | €29,301 | €34,956 | €12,195 | ▼ 65.1% |
| Amounts payable within one year42/48 | €34,074 | €38,039 | €28,583 | €34,655 | €11,447 | ▼ 67.0% |
| Trade debts44 | €2,453 | €4,861 | €1,335 | €122 | €278 | ▲ 128% |
| Suppliers440/4 | €2,453 | €4,861 | €1,335 | €122 | €278 | ▲ 128% |
| Taxes, remuneration and social security45 | €24,197 | €22,950 | €24,883 | €3,387 | €1,706 | ▼ 49.6% |
| Taxes450/3 | €22,397 | €21,150 | €23,083 | €3,387 | €1,706 | ▼ 49.6% |
| Remuneration and social security454/9 | €1,800 | €1,800 | €1,800 | €0 | - | - |
| Other amounts payable47/48 | €7,425 | €10,228 | €2,366 | €31,146 | €9,463 | ▼ 69.6% |
| Accrued charges and deferred income492/3 | €76 | €516 | €717 | €300 | €748 | ▲ 149% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50,123 | €48,681 | €46,474 | €22,132 | -€2,660 | ▼ 112% |
| + Depreciation and write-downs630 | €6,969 | €9,632 | €12,393 | €12,602 | €13,409 | ▲ 6.4% |
| Operating cash flow (approximation) | €57,093 | €58,313 | €58,867 | €34,734 | €10,748 | ▼ 69.1% |
| Investment in fixed assets (approximation) | - | -€20,996 | €0 | -€3,932 | -€9,629 | ▼ 145% |
| Change in cash | - | €38,639 | €45,689 | €15,957 | -€31,418 | ▼ 297% |
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
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€2,660
Net result drops to -€2,660, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 12.08
Current ratio from 4.62 to 12.08; short-term debt falls from €34,655 to €11,447.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 5.09
Current ratio from 2.52 to 5.09; short-term debt falls from €38,039 to €28,583.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €102,204 ▲91%
2 profitable years in a row build equity to €102,204.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Duffel · 1 establishment unit since 2020
Ground area
1,695 m²
Building footprint
155 m²
Volume, LiDAR
1,148 m³
Parcel 12009E0523/00H000, Flanders · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
vbkoncept
since 20202.310.877.322
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12009E0523/00H000 | Flanders | 1,695 m² | 1 · 155 m² | 9.0 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, comparable size
TWIDO
BE 0843.021.555
Overijse · Eq €146,028
IT PERSONAL SOLUTION
BE 0726.545.836
Amay · Eq €146,005
BAO TECHNOLOGIES
BE 0469.474.654
Eghezée · Eq €145,974
DynWeb
BE 0788.761.141
Gent · Eq €145,920
Information Technology & Solutions
BE 0461.733.757
Diepenbeek · Eq €146,147
Of 16,911 companies in sector 62100 we hold annual accounts for 8,787. 6,868 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0759581165
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.