VCG VASTGOED
ActiveVCG VASTGOED has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €408k and a net result of €-3k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 55% of 2262 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▼-6
Solvency72▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.76 against 0.84 in 2024; short-term debt: 12% and cash: 8.6% of total assets), and 52.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
29 d late
2023
6 d early
2022
87 d early
2021
68 d early
2020
24 d late
2019
19 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€408k▼ 0.6%
2024 · €411k
2018: €46k
2019: €106k
2020: €197k
2021: €218k
2022: €380k
2023: €403k
2024: €411k
2018 → 2025
Total assets
€867k▼ 4.1%
2024 · €904k
2018: €542k
2019: €520k
2020: €543k
2021: €619k
2022: €1.02M
2023: €950k
2024: €904k
2018 → 2025
Net result
€-3k
2024 · €8k
2018: €2k
2019: €60k
2020: €91k
2021: €21k
2022: €162k
2023: €23k
2024: €8k
2018 → 2025
Working capital
€-25k▼ 54.1%
2024 · €-16k
2018: €-80k
2019: €-41k
2020: €102k
2021: €-50k
2022: €-20k
2023: €-14k
2024: €-16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€218k-€380k▲ 74.3%€403k▲ 6.1%€411k▲ 2.0%€408k▼ 0.6%
Operating result€43k-€221k▲ 412%€46k▼ 79.3%€26k▼ 42.9%€10k▼ 61.6%
Net result€21k-€162k▲ 677%€23k▼ 86.0%€8k▼ 64.9%€-3k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 62% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €867k
Fixed assets
€788k▼ 4.2%
Current assets
€79k▼ 3.3%
Equity and liabilities €867k
Equity
€408k▼ 0.6%
Provisions
€51k▼ 3.3%
Debt
€408k▼ 7.5%
The debt ratio falls from 48.7% to 47.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€44k▼
2024 · €60k
Cash flow
€32k▼
2024 · €42k
Solvency
47.1%▲
2024 · 45.5%
Current ratio
0.76▼
2024 · 0.84
Quick ratio
0.76▼
2024 · 0.84
Debt / equity
1.00▼
2024 · 1.07
ROE
-0.6%▼
2024 · 1.9%
ROA
-0.3%▼
2024 · 0.9%
Interest coverage
3.62▼
2024 · 4.27
Debt
€408k▼
2024 · €441k
Debt ≤ 1 year
€104k▲
2024 · €98k
Debt > 1 year
€298k▼
2024 · €336k
Income taxes
€2k▼
2024 · €6k
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€904k€867k▼
Fixed assets21/28€822k€788k▼
Tangible fixed assets22/27€804k€770k▼
Land and buildings22€802k€768k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€18k€18k=
Current assets29/58€82k€79k▼
Amounts receivable within one year40/41€6k€2k▼
Other amounts receivable41€6k€2k▼
Cash at bank and in hand54/58€74k€75k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€904k€867k▼
Equity10/15€411k€408k▼
Contributions10/11€50k€50k=
Reserves13€361k€358k▼
Tax-exempt reserves132€211k€204k▼
Distributable reserves133€150k€154k▲
Provisions and deferred taxes16€53k€51k▼
Deferred taxes168€53k€51k▼
Amounts payable17/49€441k€408k▼
Amounts payable after more than one year17€336k€298k▼
Financial debts170/4€269k€231k▼
Other amounts payable178/9€67k€67k=
Amounts payable within one year42/48€98k€104k▲
Current portion of amounts payable after more than one year42€44k€39k▼
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€9k€7k▼
Taxes450/3€9k€7k▼
Other amounts payable47/48€43k€57k▲
Accrued charges and deferred income492/3€6k€6k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k=
Other operating charges640/8€2k€2k▲
Gross operating margin9900€63k€47k▼
Operating profit (loss)9901€26k€10k▼
Financial income75/76B€421€395▼
Recurring financial income75€421€395▼
Financial charges65/66B€14k€12k▼
Recurring financial charges65€14k€12k▼
Profit (loss) for the period before taxes9903€12k€-2k▼
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€6k€2k▼
Profit (loss) for the period9904€8k€-3k▼
Transfer from tax-exempt reserves789€7k€7k=
Profit (loss) for the period to be appropriated9905€15k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€4k▼
Transfer to equity691/2€15k€4k▼
To other reserves6921€15k€4k▼
The notes to these accounts (10 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-3k ▼132%
Net result drops to €-3k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €162k ▲677%
Operating result €221k, net result €162k, both a record.
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €218k ▲10.6%
4 profitable years in a row build equity to €218k.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 2.00
Current ratio from 0.72 to 2.00; short-term debt falls from €146k to €102k.
31-12
Financial
Equity above €150kEq €197k ▲85.5%
3 profitable years in a row build equity to €197k.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 19 days late
2019
31-12
Financial
Equity above €100kEq €106k ▲132%
2 profitable years in a row build equity to €106k.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
26-06
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
4 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, Geel · 1 establishment unit since 2003
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.
Poiel 1012440 GeelGround area
1,506 m²
Building footprint
201 m²
Volume, LiDAR
1,041 m³
Parcel 13376G0186/00D000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VCG VASTGOED
since 20032.126.438.651
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13376G0186/00D000 | Flanders | 1,506 m² | 1 · 201 m² | 8.6 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.
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A & J HOLDING
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PIBACO
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PASCAL ALLOUARD CONSULTING
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Gaux Projects
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Of 24,505 companies in sector 82990 we hold annual accounts for 9,396. 6,150 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-02-2003
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.