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VCON NETWORK

Active Private limited companyfounded 2018active for 8 yearsGagelveldenstraat 125, 2170 AntwerpKBO/BCE: BE 0705.951.350

Lifetime

6 annual accounts with figures on one time axis, 7 filings since 2019
peak €39,298 (2019)
-€1,130▼ €6,486
lowest -€22,351 (2021)
-€2,756▼ €7,086
peak €38,072 (2020)
€15,549▼ 15.1%
€4,659unchanged
Board2 names since 2018
2 directors and 1 other
Documentsfilings and deeds
18-07-202513 days before the deadline
2024micro format
Gross margin from €5,357 to -€1,130Loss of €2,756Equity from €18,305 to €15,549Cash from €6,373 to €73

Key points

from the 2024 annual accounts

Filings

7 annual accounts 73 days
AprilJune31 JulyOctober202020222024

Latest accounts filed late: after the legal deadline.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,592 companies had the same profile as VCON NETWORK has now. Each dot stands for 9 companies, two years later.

87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,592 companies, not a prediction for VCON NETWORK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager
Director
  • 100 sharesdeed of 01-10-2018
Board & ownership

Recent changes

Change of role: , from manager to director Director discharge: · General meeting of 22-09-2023 · Gazette deed
Incorporation Founding capital of €1,500, 100 shares · Founder: · Appointment: (manager) · published on 01-10-2018 · Gazette deed
All 12 events

Official details

Source: KBO
Status
Active since 27-09-2018Normal situation
Activity
“Computer Consulting,Programmeren,consulting en andere IT-activiteiten” (deed in Dutch)From the articles, 42 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2024

€20,208▼ 12.0%
Filing
2025 annual accounts filed on 12-10-2026
Financials

Insights on VCON NETWORK

VCON NETWORK files the micro format. That format states no turnover. The gross margin fell from €39,298 in 2019 to -€1,130 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VCON NETWORK

What is the company number of VCON NETWORK?
The company number of VCON NETWORK is 0705.951.350. The VAT number is the same number with BE in front: BE 0705.951.350.
Where is VCON NETWORK based?
The registered office is at Gagelveldenstraat 125, 2170 Antwerp.Company details
What is the legal form of VCON NETWORK?
VCON NETWORK is a private limited company (BV).
When was VCON NETWORK founded?
VCON NETWORK was founded on 27-09-2018.
Is VCON NETWORK still active?
Yes, VCON NETWORK is an active enterprise in the KBO register.
What is the turnover of VCON NETWORK?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it. In financial year 2019 turnover was €131,690.Financials
Is VCON NETWORK profitable?
In financial year 2024, VCON NETWORK made a loss of €2,756.
Where can I find the annual accounts of VCON NETWORK?
VCON NETWORK filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VCON NETWORK due?
VCON NETWORK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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