VCAR ENGINEERING
ActiveVCAR ENGINEERING has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.04M and a net result of €220k. Equity is growing by ~33.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+1
Growth85=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 3.14 against 2.26 in 2024), and 31% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
69%
Return on assets
14.6%
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 19-05-2026, 73 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
73 d early
2024
66 d early
2023
64 d early
2022
31 d early
2021
32 d early
2020
51 d early
2019
45 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, micro schema
Turnover
€219k▲ 21.6%
2021 · €180k
2021: €180k
2021 → 2022
EBIT margin
70.2%▲ 54.9pp
2021 · 15.2%
2021: 15.2%
2021 → 2022
Net result
€220k▲ 7.1%
2024 · €205k
2018: €64k
2019: €62k
2020: €74k
2021: €21k
2022: €111k
2023: €207k
2024: €205k
2018 → 2025
Working capital
€361k▲ 97.6%
2024 · €183k
2018: €76k
2019: €126k
2020: €34k
2021: €52k
2022: €-7k
2023: €11k
2024: €183k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€180k-€219k▲ 21.6%
Equity€292k-€404k▲ 38.1%€611k▲ 51.3%€816k▲ 33.6%€1.04M▲ 26.9%
Operating result€27k-€154k▲ 460%€302k▲ 96.9%€303k▲ 0.2%€316k▲ 4.1%
Net result€21k-€111k▲ 421%€207k▲ 85.9%€205k▼ 1.0%€220k▲ 7.1%
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; 2025 is 4% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.50M
Fixed assets
€972k▼ 0.5%
Current assets
€529k▲ 61.9%
Equity and liabilities €1.50M
Equity
€1.04M▲ 26.9%
Debt
€466k▼ 4.6%
The debt ratio falls from 37.4% to 31.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€321k▲
2024 · €314k
Cash flow
€225k▲
2024 · €216k
Solvency
69.0%▲
2024 · 62.6%
Current ratio
3.14▲
2024 · 2.26
Quick ratio
2.93▲
2024 · 1.99
Debt / equity
0.45▼
2024 · 0.60
ROE
21.2%▼
2024 · 25.1%
ROA
14.6%▼
2024 · 15.7%
Interest coverage
12.55▲
2024 · 11.34
Debt
€466k▼
2024 · €488k
Debt ≤ 1 year
€169k▲
2024 · €144k
Debt > 1 year
€297k▼
2024 · €344k
Income taxes
€74k▲
2024 · €70k
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€1.30M€1.50M▲
Fixed assets21/28€977k€972k▼
Tangible fixed assets22/27€6k€288▼
Plant, machinery and equipment23€665€288▼
Furniture and vehicles24€5k€0▼
Financial fixed assets28€971k€971k=
Current assets29/58€327k€529k▲
Stocks and contracts in progress3€39k€35k▼
Stocks30/36€39k€35k▼
Amounts receivable within one year40/41€46k€49k▲
Trade receivables40€40k€40k▲
Other amounts receivable41€7k€8k▲
Cash at bank and in hand54/58€222k€429k▲
Deferred charges and accrued income490/1€20k€16k▼
Equity and liabilities
Total equity and liabilities10/49€1.30M€1.50M▲
Equity10/15€816k€1.04M▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€795k€1.01M▲
Amounts payable17/49€488k€466k▼
Amounts payable after more than one year17€344k€297k▼
Financial debts170/4€194k€147k▼
Other amounts payable178/9€150k€150k=
Amounts payable within one year42/48€144k€169k▲
Current portion of amounts payable after more than one year42€45k€47k▲
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€25k€26k▲
Taxes450/3€25k€26k▲
Other amounts payable47/48€73k€95k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€5k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€430€448▲
Gross operating margin9900€315k€325k▲
Operating profit (loss)9901€303k€316k▲
Financial income75/76B€1€3k▲
Recurring financial income75€1€3k▲
Financial charges65/66B€28k€26k▼
Recurring financial charges65€28k€26k▼
Profit (loss) for the period before taxes9903€275k€293k▲
Income taxes67/77€70k€74k▲
Profit (loss) for the period9904€205k€220k▲
Profit (loss) for the period to be appropriated9905€205k€220k▲
Appropriation of the result
Profit (loss) to be appropriated9906€795k€1.01M▲
Profit (loss) brought forward from the previous period14P€590k€795k▲
The notes to these accounts (6 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
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €220k ▲7.1%
Operating result €316k, net result €220k, both a record.
31-12
Financial
Equity above €1MEq €1.04M ▲26.9%
8 profitable years in a row build equity to €1.04M.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 2.26
Current ratio from 1.09 to 2.26.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500kEq €611k ▲51.3%
6 profitable years in a row build equity to €611k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €21k ▼71.1%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €271k ▲37.6%
3 profitable years in a row build equity to €271k.
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €197k ▲45.7%
2 profitable years in a row build equity to €197k.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro 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, Olne · 1 establishment unit since 2017
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.
Chemin des Aulnes 4B4877 OlneGround area
876 m²
Building footprint
97 m²
Parcel 63057A0789/00N002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Chemin des Aulnes 4, 4877 Olne
since 20172.263.498.859
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63057A0789/00N002 | Wallonia | 875 m² | 1 · 97 m² | - |
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.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 27,368 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2017
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0491/15.52.25