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VCRE

Active
Private limited companyfounded 20242 yrs activeNieuwpoortkeiweg 7, 8630 Veurne, BelgiumKBO/BCE: BE 1005.111.030
Summary

VCRE has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5,841 and a net result of €2,841. Its solvency ranks better than 54% of 3023 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
Axes
Profitability88
Solvency57
Growth-
Track record67
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
31.7%
Return on assets
15.4%
Age of the figures
21 mo
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 14-06-2025, 47 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
47 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 47 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 24 January 2024, VCRE was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€5,841
Total assets
€18,446
Net result
€2,841
Working capital
-€1,152

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

Balance-sheet composition
Assets €18,446
Fixed assets €7,003
Current assets €11,443
Equity and liabilities €18,446
Equity €5,841
Debt €12,605
Debt finances 68.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€5,191
Cash flow
€4,180
Current ratio
0.91
Debt to equity
2.16
ROE
48.6%
ROA
15.4%
Interest coverage
181.96
Debt ≤ 1 year
€12,595
Income taxes
€982
Staff costs
€7,036

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 39,276 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 · 2024 · 38 lines
Balance sheet Code2024
Assets
Total assets20/58€18,446
Fixed assets21/28€7,003
Intangible fixed assets21€83
Tangible fixed assets22/27€6,921
Plant, machinery and equipment23€4,822
Furniture and vehicles24€2,099
Current assets29/58€11,443
Amounts receivable within one year40/41€692
Other amounts receivable41€692
Cash at bank and in hand54/58€10,295
Deferred charges and accrued income490/1€456
Equity and liabilities
Total equity and liabilities10/49€18,446
Equity10/15€5,841
Contributions10/11€3,000
Reserves13€2,841
Distributable reserves133€2,841
Amounts payable17/49€12,605
Amounts payable within one year42/48€12,595
Trade debts44€798
Suppliers440/4€798
Taxes, remuneration and social security45€982
Taxes450/3€982
Other amounts payable47/48€10,814
Accrued charges and deferred income492/3€10
Income statement Code2024
Remuneration, social security and pensions62€7,036
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,339
Other operating charges640/8€811
Gross operating margin9900€13,038
Operating profit (loss)9901€3,852
Financial charges65/66B€29
Recurring financial charges65€29
Profit (loss) for the period before taxes9903€3,824
Income taxes67/77€982
Profit (loss) for the period9904€2,841
Profit (loss) for the period to be appropriated9905€2,841
Appropriation of the result
Profit (loss) to be appropriated9906€2,841
Transfer to equity691/2€2,841
To other reserves6921€2,841

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€7,036
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,339
Other operating charges640/8€811
Gross operating margin9900€13,038
Operating profit (loss)9901€3,852
Financial charges65/66B€29
Recurring financial charges65€29
Profit (loss) for the period before taxes9903€3,824
Income taxes67/77€982
Profit (loss) for the period9904€2,841
Profit (loss) for the period to be appropriated9905€2,841
Line2024
Assets
Total assets20/58€18,446
Fixed assets21/28€7,003
Intangible fixed assets21€83
Tangible fixed assets22/27€6,921
Plant, machinery and equipment23€4,822
Furniture and vehicles24€2,099
Current assets29/58€11,443
Amounts receivable within one year40/41€692
Other amounts receivable41€692
Cash at bank and in hand54/58€10,295
Deferred charges and accrued income490/1€456
Equity and liabilities
Total equity and liabilities10/49€18,446
Equity10/15€5,841
Contributions10/11€3,000
Reserves13€2,841
Distributable reserves133€2,841
Amounts payable17/49€12,605
Amounts payable within one year42/48€12,595
Trade debts44€798
Suppliers440/4€798
Taxes, remuneration and social security45€982
Taxes450/3€982
Other amounts payable47/48€10,814
Accrued charges and deferred income492/3€10
Line2024
Profit (loss) for the period9904€2,841
+ Depreciation and write-downs630€1,339
Operating cash flow (approximation)€4,180

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
14-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Veurne · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
675 m²
Building footprint
484 m²
Volume, LiDAR
5,712 m³
Parcel 38025C0109/00E003, Flanders · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
VCRE
Nieuwpoortkeiweg 7, 8630 VeurneSports, amusement and recreation activities
since 20242.356.130.889
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38025C0109/00E003 Flanders 675 m² 1 · 484 m² 17.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 6,734 companies in sector 93299 we hold annual accounts for 1,169. 546 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1005111030
Also 9925:BE1005111030
Registered 18-12-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.