VCS
ActiveSummary
The computed 12-month bankruptcy probability of VCS is 1.9% (moderate). The 2025 annual accounts show negative equity (€-496k) and a net result of €-548k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1208 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-75
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.33 against 1.36 in 2024; short-term debt: 51.9% and cash: 9.8% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-301.3%
Return on assets
-332.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-496k
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 22-05-2026, 70 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
70 d early
2024
2 d early
2023
54 d early
2022
21 d early
2021
23 d early
2020
92 d early
2019
74 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-496k
2024 · €52k
Total assets
€165k▲ 57.5%
2024 · €104k
Net result
€-548k▼ 32.5%
2024 · €-413k
Working capital
€28k▲ 51.2%
2024 · €19k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-295k▼ 58.0%€-389k▼ 32.1%€-482k▼ 23.9%€-378k▲ 21.6%€-545k▼ 44.0%
Net result€-362k▼ 93.4%€-440k▼ 21.5%€-558k▼ 27.0%€-413k▲ 26.0%€-548k▼ 32.5%
Equity€-1.04M▼ 53.6%€-1.48M▼ 42.4%€-2.03M▼ 37.8%€52k€-496k
Total assets€61k▼ 6.8%€71k▲ 15.9%€80k▲ 13.5%€104k▲ 30.5%€165k▲ 57.5%
Debt€1.10M▲ 48.3%€1.55M▲ 40.9%€2.11M▲ 36.7%€52k▼ 97.5%€660k▲ 1,159%
Working capital€-32k€-18k▲ 43.4%€2k€19k▲ 806%€28k▲ 51.2%
Staff (FTE)3.2▲ 60.0%4.8▲ 50.0%5.6▲ 16.7%5.1▼ 8.9%5.4▲ 5.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €545k in 2025 against €378k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €165k
Fixed assets
€51k ▲ 52.5%
Current assets
€114k ▲ 59.8%
Key figures and ratios
EBITDA
€-533k▼
2024 · €-372k
Cash flow
€-536k▼
2024 · €-407k
Solvency
-301.3%▼
2024 · 49.8%
Current ratio
1.33▼
2024 · 1.36
Debt to equity
-1.33▼
2024 · 1.01
ROA
-332.9%▲
2024 · -395.7%
Interest coverage
-182.73▼
2024 · -10.55
Debt ≤ 1 year
€85k▲
2024 · €52k
Debt > 1 year
€575k▲
2024 · €0
Income taxes
€176
Staff costs
€264k▲
2024 · €187k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €134k | €184k | €253k | €187k | €264k | ▲ 40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €13k | €7k | €7k | €12k | ▲ 85.6% |
| Other operating charges640/8 | €5k | €5k | €5k | €2k | €3k | ▲ 64.0% |
| Gross operating margin9900 | €-145k | €-187k | €-217k | €-182k | €-265k | ▼ 45.5% |
| Operating profit (loss)9901 | €-295k | €-389k | €-482k | €-378k | €-545k | ▼ 44.0% |
| Financial income75/76B | €5 | €98 | €3 | €57 | €0 | ▼ 100% |
| Recurring financial income75 | €5 | €98 | €3 | €57 | €0 | ▼ 100% |
| Financial charges65/66B | €67k | €50k | €76k | €35k | €3k | ▼ 91.7% |
| Recurring financial charges65 | €67k | €50k | €76k | €35k | €3k | ▼ 91.7% |
| Profit (loss) for the period before taxes9903 | €-362k | €-440k | €-558k | €-413k | €-548k | ▼ 32.5% |
| Income taxes67/77 | - | - | - | - | €176 | - |
| Profit (loss) for the period9904 | €-362k | €-440k | €-558k | €-413k | €-548k | ▼ 32.5% |
| Profit (loss) for the period to be appropriated9905 | €-362k | €-440k | €-558k | €-413k | €-548k | ▼ 32.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €61k | €71k | €80k | €104k | €165k | ▲ 57.5% |
| Fixed assets21/28 | €32k | €41k | €38k | €33k | €51k | ▲ 52.5% |
| Tangible fixed assets22/27 | €14k | €26k | €23k | €18k | €36k | ▲ 95.7% |
| Plant, machinery and equipment23 | €3k | €8k | €9k | €6k | €4k | ▼ 41.1% |
| Furniture and vehicles24 | €11k | €19k | €14k | €12k | €32k | ▲ 168% |
| Financial fixed assets28 | €18k | €15k | €15k | €15k | €15k | = |
| Current assets29/58 | €29k | €29k | €42k | €71k | €114k | ▲ 59.8% |
| Amounts receivable within one year40/41 | €23k | €9k | €14k | €46k | €96k | ▲ 107% |
| Trade receivables40 | €21k | €9k | €11k | €23k | €83k | ▲ 267% |
| Other amounts receivable41 | €2k | - | €4k | €24k | €13k | ▼ 45.9% |
| Cash at bank and in hand54/58 | €5k | €19k | €27k | €24k | €16k | ▼ 31.8% |
| Deferred charges and accrued income490/1 | €1k | €1k | €500 | €1k | €2k | ▲ 35.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €61k | €71k | €80k | €104k | €165k | ▲ 57.5% |
| Equity10/15 | €-1.04M | €-1.48M | €-2.03M | €52k | €-496k | ▼ 1,053% |
| Contributions10/11 | €40k | €40k | €40k | €2.54M | €2.54M | = |
| Profit (loss) carried forward14 | €-1.08M | €-1.52M | €-2.07M | €-2.49M | €-3.04M | ▼ 22.0% |
| Amounts payable17/49 | €1.10M | €1.55M | €2.11M | €52k | €660k | ▲ 1,159% |
| Amounts payable after more than one year17 | €1.04M | €1.50M | €2.07M | €0 | €575k | - |
| Financial debts170/4 | €1.04M | €1.50M | €2.07M | €0 | €575k | - |
| Amounts payable within one year42/48 | €61k | €47k | €40k | €52k | €85k | ▲ 62.9% |
| Trade debts44 | €30k | €16k | €2k | €15k | €45k | ▲ 202% |
| Suppliers440/4 | €30k | €16k | €2k | €15k | €45k | ▲ 202% |
| Advances received on contracts in progress46 | - | - | €717 | €128 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €29k | €29k | €34k | €35k | €37k | ▲ 4.8% |
| Taxes450/3 | €4k | €4k | €4k | €6k | €3k | ▼ 49.0% |
| Remuneration and social security454/9 | €24k | €25k | €30k | €29k | €34k | ▲ 15.2% |
| Other amounts payable47/48 | €2k | €2k | €2k | €2k | €3k | ▲ 55.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-362k | €-440k | €-558k | €-413k | €-548k | ▼ 32.5% |
| + Depreciation and write-downs630 | €11k | €13k | €7k | €7k | €12k | ▲ 85.6% |
| Operating cash flow (approximation) | €-351k | €-427k | €-551k | €-407k | €-536k | ▼ 31.7% |
| Investment in fixed assets (approximation) | - | €-22k | €-4k | €-2k | €-30k | ▼ 1,801% |
| Change in cash | - | €15k | €8k | €-4k | €-8k | ▼ 111% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-558k
Net result drops to €-558k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 1.09
Current ratio from 0.46 to 1.09; short-term debt falls from €25k to €22k.
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
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.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Merksplas · 1 establishment unit since 2016
Ground area
1,546 m²
Building footprint
198 m²
Volume, LiDAR
924 m³
Parcel 13023F0253/00D002, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
VLAAMSE CONTAINER SERVICE
since 20162.257.811.095
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13023F0253/00D002 | Flanders | 1,546 m² | 1 · 198 m² | 7.5 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 23,704 EUR awarded · 23,705 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,820 EUR | 3,570 EUR |
| 2024 | 2 | 7,301 EUR | 6,778 EUR |
| 2023 | 2 | 12,866 EUR | 12,640 EUR |
| 2022 | 1 | 717 EUR | 717 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 6,997 companies in sector 81220 we hold annual accounts for 2,414. 2,000 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
Founded12-10-2016
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Scores and ratios are computed by Checked and are not a credit decision.