VBS
ActiveVBS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €248k and a net result of €63k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 93% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+37
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 15.83 against 7.07 in 2023), and 11.3% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
88.7%
Return on assets
22.5%
Age of the figures
20 mo
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €248k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
50 d early
2022
53 d early
2021
39 d early
2020
39 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€248k▲ 34.1%
2023 · €185k
2018: €271k
2019: €266k
2020: €191k
2021: €149k
2022: €161k
2023: €185k
2018 → 2024
Total assets
€279k▲ 19.0%
2023 · €235k
2018: €339k
2019: €318k
2020: €237k
2021: €193k
2022: €243k
2023: €235k
2018 → 2024
Net result
€63k▲ 169%
2023 · €23k
2018: €4k
2019: €1k
2020: €-75k
2021: €-42k
2022: €12k
2023: €23k
2018 → 2024
Working capital
€222k▲ 43.7%
2023 · €154k
2018: €303k
2019: €290k
2020: €207k
2021: €153k
2022: €130k
2023: €154k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€191k-€149k▼ 21.9%€161k▲ 8.1%€185k▲ 14.5%€248k▲ 34.1%
Operating result€-73k-€-29k▲ 60.6%€15k€28k▲ 89.3%€50k▲ 82.1%
Net result€-75k-€-42k▲ 44.0%€12k€23k▲ 94.1%€63k▲ 169%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 82% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €279k
Fixed assets
€43k▼ 22.4%
Current assets
€237k▲ 31.7%
Equity and liabilities €279k
Equity
€248k▲ 34.1%
Debt
€32k▼ 36.7%
The debt ratio falls from 21.2% to 11.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€64k▲
2023 · €41k
Cash flow
€76k▲
2023 · €36k
Solvency
88.7%▲
2023 · 78.8%
Current ratio
15.83▲
2023 · 7.07
Quick ratio
15.83▲
2023 · 7.07
Debt / equity
0.13▼
2023 · 0.27
ROE
25.4%▲
2023 · 12.7%
ROA
22.5%▲
2023 · 10.0%
Interest coverage
49.65▲
2023 · 21.39
Debt
€32k▼
2023 · €50k
Debt ≤ 1 year
€15k▼
2023 · €25k
Debt > 1 year
€16k▼
2023 · €24k
Income taxes
€6k▲
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€235k€279k▲
Fixed assets21/28€55k€43k▼
Tangible fixed assets22/27€55k€43k▼
Plant, machinery and equipment23€12k€11k▼
Furniture and vehicles24€43k€32k▼
Current assets29/58€180k€237k▲
Amounts receivable within one year40/41€70k€72k▲
Trade receivables40€59k€64k▲
Other amounts receivable41€11k€9k▼
Cash at bank and in hand54/58€110k€165k▲
Equity and liabilities
Total equity and liabilities10/49€235k€279k▲
Equity10/15€185k€248k▲
Contributions10/11€12k€12k=
Reserves13€172k€235k▲
Distributable reserves133€172k€235k▲
Amounts payable17/49€50k€32k▼
Amounts payable after more than one year17€24k€16k▼
Financial debts170/4€24k€16k▼
Amounts payable within one year42/48€25k€15k▼
Current portion of amounts payable after more than one year42€9k€7k▼
Trade debts44€12k€4k▼
Suppliers440/4€12k€4k▼
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Accrued charges and deferred income492/3-€170
Income statement
Code20232024
Non-recurring operating income76A€9k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▲
Other operating charges640/8€961€1k▲
Gross operating margin9900€42k€65k▲
Operating profit (loss)9901€28k€50k▲
Financial income75/76B€10€20k▲
Recurring financial income75€10€201▲
Non-recurring financial income76B-€20k
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€26k€69k▲
Income taxes67/77€2k€6k▲
Profit (loss) for the period9904€23k€63k▲
Profit (loss) for the period to be appropriated9905€23k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€63k▲
Transfer to equity691/2€23k€63k▲
To other reserves6921€23k€63k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €63k ▲169%
Operating result €50k, net result €63k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 15.83
Current ratio from 7.07 to 15.83; short-term debt falls from €25k to €15k.
31-12
Financial
Equity above €200kEq €248k ▲34.1%
3 profitable years in a row build equity to €248k.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
31-12
Financial
Equity above €150kEq €161k ▲8.1%
Equity rises from €149k to €161k.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-75k ▼7451%
Net result drops to €-75k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kampenhout · 1 establishment unit since 2001
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.
Stationsstraat 211910 KampenhoutGround area
668 m²
Building footprint
128 m²
Volume, LiDAR
990 m³
Parcel 23038D0667/00Y005, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Stationsstraat 21, 1910 Kampenhout
since 20012.116.706.680
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23038D0667/00Y005 | Flanders | 668 m² | 1 · 128 m² | 10.4 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 83 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 83 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 7,879 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-09-2001
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
42220Construction of utility projects for electricity and telecommunications
45215
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.