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Vcon

Active
Private limited companyfounded 2025active for 1 yearPrins Albertlei 33, 2600 Antwerpen, Belgium10 active companies are registered at this addressKBO/BCE: BE 1020.514.036
Summary

Vcon has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,773 and a net result of €18,308. Its solvency ranks better than 47% of 17,042 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Equity
€6,773
Total assets
€27,212
Net result
€18,308
Working capital
€7,364

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €27,212
Fixed assets €665
Current assets €26,548
Equity and liabilities €27,212
Equity €6,773
Debt €20,439
Debt finances 75.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€24,557
Cash flow
€18,496
Current ratio
1.38
Debt to equity
3.02
ROE
270.3%
ROA
67.3%
Interest coverage
32.89
Debt ≤ 1 year
€19,184
Income taxes
€5,315

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

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

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,475 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 2,390 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 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€27,212
Fixed assets21/28€665
Tangible fixed assets22/27€665
Plant, machinery and equipment23€665
Current assets29/58€26,548
Amounts receivable within one year40/41€12,075
Trade receivables40€10,890
Other amounts receivable41€1,185
Cash at bank and in hand54/58€13,870
Deferred charges and accrued income490/1€602
Equity and liabilities
Total equity and liabilities10/49€27,212
Equity10/15€6,773
Contributions10/11€3,000
Profit (loss) carried forward14€3,773
Amounts payable17/49€20,439
Amounts payable within one year42/48€19,184
Trade debts44€363
Suppliers440/4€363
Taxes, remuneration and social security45€8,560
Taxes450/3€8,560
Other amounts payable47/48€10,261
Accrued charges and deferred income492/3€1,255
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€188
Gross operating margin9900€24,557
Operating profit (loss)9901€24,369
Financial charges65/66B€747
Recurring financial charges65€747
Profit (loss) for the period before taxes9903€23,623
Income taxes67/77€5,315
Profit (loss) for the period9904€18,308
Profit (loss) for the period to be appropriated9905€18,308
Appropriation of the result
Profit (loss) to be appropriated9906€18,308
Profit to be distributed694/7€14,534
Directors or managers695€14,534

The notes to these accounts (5 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€188
Gross operating margin9900€24,557
Operating profit (loss)9901€24,369
Financial charges65/66B€747
Recurring financial charges65€747
Profit (loss) for the period before taxes9903€23,623
Income taxes67/77€5,315
Profit (loss) for the period9904€18,308
Profit (loss) for the period to be appropriated9905€18,308
Line2025
Assets
Total assets20/58€27,212
Fixed assets21/28€665
Tangible fixed assets22/27€665
Plant, machinery and equipment23€665
Current assets29/58€26,548
Amounts receivable within one year40/41€12,075
Trade receivables40€10,890
Other amounts receivable41€1,185
Cash at bank and in hand54/58€13,870
Deferred charges and accrued income490/1€602
Equity and liabilities
Total equity and liabilities10/49€27,212
Equity10/15€6,773
Contributions10/11€3,000
Profit (loss) carried forward14€3,773
Amounts payable17/49€20,439
Amounts payable within one year42/48€19,184
Trade debts44€363
Suppliers440/4€363
Taxes, remuneration and social security45€8,560
Taxes450/3€8,560
Other amounts payable47/48€10,261
Accrued charges and deferred income492/3€1,255
Line2025
Profit (loss) for the period9904€18,308
+ Depreciation and write-downs630€188
Operating cash flow (approximation)€18,496

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 11-03-2026 2026-00055381

Similar companies · same sector, comparable size

Of the 9,531 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,448. 2,677 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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