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VBR TECHNICS

Active
Private limited companyfounded 2024active for 2 yearsKallestraat 16, 8691 Alveringem, BelgiumKBO/BCE: BE 1010.752.470
Summary

VBR TECHNICS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158,143 and a net result of €155,143. Its solvency ranks better than 29% of 2,318 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €610,000
Estimated: probably between €430,000 and €890,000
Total assets
€638,218
Net result
€155,143
Working capital
€163,523

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €638,218
Fixed assets €335,228
Current assets €302,990
Equity and liabilities €638,218
Equity €158,143
Debt €480,076
Debt finances 75.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€298,817
Cash flow
€243,377
Current ratio
2.17
Quick ratio
1.50
Debt to equity
3.04
ROE
98.1%
ROA
24.3%
Interest coverage
70.47
Debt ≤ 1 year
€139,467
Debt > 1 year
€340,000
Income taxes
€52,642

Peer companies

Historical observation

Of the 1,602 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 96.5% are still going.

  • Small
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
2.3% went bankrupt
0.9% stopped otherwise
96.5% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.4% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,602 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 · 46 lines
Balance sheet Code2025
Assets
Total assets20/58€638,218
Fixed assets21/28€335,228
Intangible fixed assets21€56,558
Tangible fixed assets22/27€278,671
Land and buildings22€169,382
Plant, machinery and equipment23€101,406
Furniture and vehicles24€7,883
Current assets29/58€302,990
Stocks and contracts in progress3€93,435
Stocks30/36€39,285
Contracts in progress37€54,150
Amounts receivable within one year40/41€118,842
Trade receivables40€118,842
Cash at bank and in hand54/58€90,393
Deferred charges and accrued income490/1€319
Equity and liabilities
Total equity and liabilities10/49€638,218
Equity10/15€158,143
Contributions10/11€3,000
Reserves13€155,143
Distributable reserves133€155,143
Amounts payable17/49€480,076
Amounts payable after more than one year17€340,000
Financial debts170/4€340,000
Amounts payable within one year42/48€139,467
Current portion of amounts payable after more than one year42€20,000
Trade debts44€70,592
Suppliers440/4€70,592
Taxes, remuneration and social security45€43,768
Taxes450/3€43,768
Other amounts payable47/48€5,107
Accrued charges and deferred income492/3€608
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88,234
Other operating charges640/8€7,193
Gross operating margin9900€306,010
Operating profit (loss)9901€210,583
Financial income75/76B€1,442
Recurring financial income75€1,442
Financial charges65/66B€4,241
Recurring financial charges65€4,241
Profit (loss) for the period before taxes9903€207,784
Income taxes67/77€52,642
Profit (loss) for the period9904€155,143
Profit (loss) for the period to be appropriated9905€155,143
Appropriation of the result
Profit (loss) to be appropriated9906€155,143
Transfer to equity691/2€155,143
To other reserves6921€155,143

The notes to these accounts (10 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€88,234
Other operating charges640/8€7,193
Gross operating margin9900€306,010
Operating profit (loss)9901€210,583
Financial income75/76B€1,442
Recurring financial income75€1,442
Financial charges65/66B€4,241
Recurring financial charges65€4,241
Profit (loss) for the period before taxes9903€207,784
Income taxes67/77€52,642
Profit (loss) for the period9904€155,143
Profit (loss) for the period to be appropriated9905€155,143
Line2025
Assets
Total assets20/58€638,218
Fixed assets21/28€335,228
Intangible fixed assets21€56,558
Tangible fixed assets22/27€278,671
Land and buildings22€169,382
Plant, machinery and equipment23€101,406
Furniture and vehicles24€7,883
Current assets29/58€302,990
Stocks and contracts in progress3€93,435
Stocks30/36€39,285
Contracts in progress37€54,150
Amounts receivable within one year40/41€118,842
Trade receivables40€118,842
Cash at bank and in hand54/58€90,393
Deferred charges and accrued income490/1€319
Equity and liabilities
Total equity and liabilities10/49€638,218
Equity10/15€158,143
Contributions10/11€3,000
Reserves13€155,143
Distributable reserves133€155,143
Amounts payable17/49€480,076
Amounts payable after more than one year17€340,000
Financial debts170/4€340,000
Amounts payable within one year42/48€139,467
Current portion of amounts payable after more than one year42€20,000
Trade debts44€70,592
Suppliers440/4€70,592
Taxes, remuneration and social security45€43,768
Taxes450/3€43,768
Other amounts payable47/48€5,107
Accrued charges and deferred income492/3€608
Line2025
Profit (loss) for the period9904€155,143
+ Depreciation and write-downs630€88,234
Operating cash flow (approximation)€243,377

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 13-07-2026 2026-00286463

Similar companies · same sector, comparable size

Of the 3,945 active companies whose main activity is manufacture of metal structures and parts of structures (NACE 25110), figures are known for 2,173. 1,663 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 · 1 entry · €65 awarded · €65 paid
Schemes
1 entry · €65 · €65 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.