VCV GROUP
ActiveSummary
VCV GROUP has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104,951 and a net result of €75,578. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 18973 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency93▲+16
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.67 against 1.94 in 2024; short-term debt: 32.3% and cash: 66.2% of total assets), and 32.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.7%
Return on assets
48.7%
Age of the figures
12 mo
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 30-09-2025 was due by 30-04-2026 and was filed on 25-02-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
30 d early
2023
40 d early
2022
39 d early
2021
3 d early
2020
3 d early
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 22 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€104,951▲ 120%
2024 · €47,692
Total assets
€155,116▲ 69.6%
2024 · €91,452
Net result
€75,578
2024 · -€42,452
Working capital
€83,588▲ 103%
2024 · €41,111
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€100,132▲ 222%€15,928▼ 84.1%-€20,873-€41,042▼ 96.6%€84,099
Net result€59,793above the sector's middle half▲ 167%€20,950above the sector's middle half▼ 65.0%-€14,806below the sector's middle half-€42,452below the sector's middle half▼ 187%€75,578above the sector's middle half
Equity€104,951within the sector's middle half▲ 132%€104,951within the sector's middle half=€90,145within the sector's middle half▼ 14.1%€47,692within the sector's middle half▼ 47.1%€104,951within the sector's middle half▲ 120%
Total assets€159,452within the sector's middle half▲ 103%€149,974within the sector's middle half▼ 5.9%€106,063within the sector's middle half▼ 29.3%€91,452within the sector's middle half▼ 13.8%€155,116within the sector's middle half▲ 69.6%
Debt€54,502▲ 63.0%€45,023▼ 17.4%€15,918▼ 64.6%€43,759▲ 175%€50,165▲ 14.6%
Working capital€67,481within the sector's middle half▲ 167%€94,367above the sector's middle half▲ 39.8%€85,311above the sector's middle half▼ 9.6%€41,111within the sector's middle half▼ 51.8%€83,588within the sector's middle half▲ 103%
Solvency65.8%above the sector's middle half▲ 8.4pp70.0%above the sector's middle half▲ 4.2pp85.0%above the sector's middle half▲ 15.0pp52.2%within the sector's middle half▼ 32.8pp67.7%above the sector's middle half▲ 15.5pp
Current ratio2.24within the sector's middle half▲ 0.493.10above the sector's middle half▲ 0.856.36above the sector's middle half▲ 3.261.94within the sector's middle half▼ 4.422.67within the sector's middle half▲ 0.73
Return on assets (ROA)37.5%above the sector's middle half▲ 9.0pp14.0%above the sector's middle half▼ 23.5pp-14.0%below the sector's middle half▼ 27.9pp-46.4%below the sector's middle half▼ 32.5pp48.7%above the sector's middle half▲ 95.1pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €84,099 after a loss of €41,042 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €155,116
Fixed assets
€21,363 ▲ 225%
Current assets
€133,753 ▲ 57.6%
Equity and liabilities €155,116
Equity
€104,951 ▲ 120%
Debt
€50,165 ▲ 14.6%
Debt's share of the balance-sheet total falls from 47.8% to 32.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€88,754▲
2024 · -€36,327
Cash flow
€80,233▲
2024 · -€37,737
Debt to equity
0.48▼
2024 · 0.92
ROE
72.0%▲
2024 · -89.0%
Interest coverage
21.94▲
2024 · -25.76
Debt ≤ 1 year
€50,165▲
2024 · €43,759
Income taxes
€4,475▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 34,696 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,272 | €5,875 | €5,750 | €4,716 | €4,655 | ▼ 1.3% |
| Other operating charges640/8 | €643 | €1,220 | €538 | €512 | €863 | ▲ 68.4% |
| Non-recurring operating charges66A | - | €6,679 | €629 | €0 | €2,875 | - |
| Gross operating margin9900 | €110,047 | €29,701 | -€13,956 | -€35,814 | €92,491 | ▲ 358% |
| Operating profit (loss)9901 | €100,132 | €15,928 | -€20,873 | -€41,042 | €84,099 | ▲ 305% |
| Financial income75/76B | €0 | €0 | - | - | - | - |
| Recurring financial income75 | €0 | €0 | - | - | - | - |
| Financial charges65/66B | €538 | €159 | €149 | €1,410 | €4,045 | ▲ 187% |
| Recurring financial charges65 | €538 | €159 | €149 | €1,410 | €4,045 | ▲ 187% |
| Profit (loss) for the period before taxes9903 | €99,593 | €15,769 | -€21,023 | -€42,452 | €80,053 | ▲ 289% |
| Income taxes67/77 | €39,800 | -€5,180 | -€6,217 | €0 | €4,475 | - |
| Profit (loss) for the period9904 | €59,793 | €20,950 | -€14,806 | -€42,452 | €75,578 | ▲ 278% |
| Transfer to tax-exempt reserves689 | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €59,793 | €20,950 | -€14,806 | -€42,452 | €75,578 | ▲ 278% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €159,452 | €149,974 | €106,063 | €91,452 | €155,116 | ▲ 69.6% |
| Fixed assets21/28 | €37,613 | €10,584 | €4,834 | €6,581 | €21,363 | ▲ 225% |
| Tangible fixed assets22/27 | €37,613 | €10,584 | €4,834 | €6,581 | €21,363 | ▲ 225% |
| Plant, machinery and equipment23 | €9,424 | €8,020 | €3,298 | €576 | €8,122 | ▲ 1,311% |
| Furniture and vehicles24 | €28,189 | €2,564 | €1,537 | €6,005 | €13,240 | ▲ 120% |
| Current assets29/58 | €121,839 | €139,390 | €101,229 | €84,870 | €133,753 | ▲ 57.6% |
| Amounts receivable within one year40/41 | €31,923 | €7,630 | €8,022 | €28,389 | €19,611 | ▼ 30.9% |
| Trade receivables40 | €31,648 | €7,092 | €6,463 | €27,593 | €18,184 | ▼ 34.1% |
| Other amounts receivable41 | €275 | €539 | €1,560 | €796 | €1,427 | ▲ 79.2% |
| Cash at bank and in hand54/58 | €88,508 | €131,760 | €93,206 | €53,642 | €102,690 | ▲ 91.4% |
| Deferred charges and accrued income490/1 | €1,409 | €0 | - | €2,839 | €11,452 | ▲ 303% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €159,452 | €149,974 | €106,063 | €91,452 | €155,116 | ▲ 69.6% |
| Equity10/15 | €104,951 | €104,951 | €90,145 | €47,692 | €104,951 | ▲ 120% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €86,351 | €86,351 | €86,351 | €86,351 | €86,351 | = |
| Non-distributable reserves130/1 | €17,086 | €17,086 | €17,086 | €0 | - | - |
| Reserves not available under the articles1311 | €17,086 | €17,086 | €17,086 | €0 | - | - |
| Tax-exempt reserves132 | €3,651 | €3,651 | €3,651 | €3,651 | €3,651 | = |
| Distributable reserves133 | €65,614 | €65,614 | €65,614 | €82,700 | €82,700 | = |
| Profit (loss) carried forward14 | €0 | €0 | -€14,806 | -€57,258 | €0 | ▲ 100% |
| Amounts payable17/49 | €54,502 | €45,023 | €15,918 | €43,759 | €50,165 | ▲ 14.6% |
| Amounts payable within one year42/48 | €54,358 | €45,023 | €15,918 | €43,759 | €50,165 | ▲ 14.6% |
| Financial debts43 | - | - | - | - | €334 | - |
| Credit institutions430/8 | - | - | - | - | €334 | - |
| Trade debts44 | €69 | €248 | €411 | €26,256 | €5,168 | ▼ 80.3% |
| Suppliers440/4 | €69 | €248 | €411 | €26,256 | €5,168 | ▼ 80.3% |
| Taxes, remuneration and social security45 | €28,234 | €8,423 | €0 | - | €7,438 | - |
| Taxes450/3 | €28,234 | €8,423 | €0 | - | €5,865 | - |
| Remuneration and social security454/9 | - | - | - | - | €1,573 | - |
| Other amounts payable47/48 | €26,055 | €36,352 | €15,507 | €17,504 | €37,226 | ▲ 113% |
| Accrued charges and deferred income492/3 | €143 | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €59,793 | €20,950 | -€14,806 | -€42,452 | €75,578 | ▲ 278% |
| + Depreciation and write-downs630 | €9,272 | €5,875 | €5,750 | €4,716 | €4,655 | ▼ 1.3% |
| Operating cash flow (approximation) | €69,065 | €26,825 | -€9,056 | -€37,737 | €80,233 | ▲ 313% |
| Investment in fixed assets (approximation) | - | €21,154 | €0 | -€6,463 | -€19,437 | ▼ 201% |
| Change in cash | - | €43,252 | -€38,553 | -€39,564 | €49,048 | ▲ 224% |
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
25-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €75,578
Net result €75,578 after 2 loss-making years.
30-09
Financial
Equity above €100,000Eq €104,951 ▲120%
Equity rises from €47,692 to €104,951.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet -€42,452
Net result drops to -€42,452, the lowest in the series; recovery starts the following year.
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity doublescurrent ratio 6.36
Current ratio from 3.10 to 6.36; short-term debt falls from €45,023 to €15,918.
22-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €100,000Eq €104,951 ▲132%
3 profitable years in a row build equity to €104,951.
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
14-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 27 days late
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
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Duffel · 1 establishment unit since 2014
Ground area
422 m²
Building footprint
98 m²
Volume, LiDAR
579 m³
Parcel 12009A0452/00X006, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Beuntstraat 25, 2570 Duffel
since 20142.234.842.287
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12009A0452/00X006 | Flanders | 422 m² | 1 · 98 m² | 9.8 m · 2 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.
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Of 2,102 companies in this sector we hold annual accounts for 907. 742 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded22-07-2014
Fiscal year end30-09
Activities, NACEBEL 2025
47640Retail sale of games and toys
47120Other non-specialised retail sale
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0556959647
Also
9925:BE0556959647
Registered
23-10-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.