VEGA V2A

Active

Private limited companyfounded 201610 yrs activeCollegestraat 27, 1050 Elsene, BelgiumKBO/BCE: BE 0655.668.035

VEGA V2A has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65k and a net result of €25k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 3286 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2025

58 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability75▲+50

Solvency39▲+8

Growth78▲+26

Track record100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3.5k at 30 days acceptable

Liquidity tight (current ratio 1.1 against 1.01 in 2024; short-term debt: 86% and cash: 3.7% of total assets), and 86.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 69

Relative position

BE, all sectors

reference

Sector 69

lower

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

13.8%

Return on assets

5.4%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 3286 sector peers (2025).

NBB · sector comparison

Position among 3286 sector peers

Solvency

better than 23%

← weakest strongest →

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €65k

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 9 filings

Deviation from the deadline

2025

31 d late

2024

20 d early

2023

83 d late

2022

21 d late

2021

31 d late

2020

27 d late

2019

90 d late

← before the deadline after the deadline →

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 months

Position in the running window

21-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, abbreviated schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€25k

2024 · €-16k

2018: €-8k 2019: €-34k 2020: €-21k 2021: €53k 2022: €-19k 2023: €65k 2024: €-16k

2018 → 2025

Working capital

€41k▲ 794%

2024 · €5k

2018: €-46k 2019: €-29k 2020: €-61k 2021: €-23k 2022: €-60k 2023: €401 2024: €5k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€9k-€-10k€55k€40k▼ 28.6%€65k▲ 63.8%

Operating result€66k-€-15k€98k€-12k€33k

Net result€53k-€-19k€65k€-16k€25k

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €33k after a loss of €12k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €471k

94.6%

Fixed assets €25k▼ 36.3%

Current assets €446k▼ 21.8%

Equity and liabilities €471k

13.8%

86.2%

Equity €65k▲ 63.8%

Debt €406k▼ 28.8%

The debt ratio falls from 93.5% to 86.2%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€47k▲

2024 · €4k

Cash flow

€40k▲

2024 · €151

Solvency

13.8%▲

2024 · 6.5%

Current ratio

1.10▲

2024 · 1.01

Quick ratio

1.10▲

2024 · 1.01

Debt / equity

6.26▼

2024 · 14.39

ROE

38.9%▲

2024 · -40.0%

ROA

5.4%▲

2024 · -2.6%

Interest coverage

14.42▲

2024 · 1.09

Debt

€406k▼

2024 · €570k

Debt ≤ 1 year

€405k▼

2024 · €566k

Income taxes

€4k▲

2024 · €190

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€610k€471k▼

Fixed assets21/28€40k€25k▼

Tangible fixed assets22/27€32k€17k▼

Furniture and vehicles24€3k€850▼

Other tangible fixed assets26€29k€16k▼

Financial fixed assets28€8k€8k=

Current assets29/58€570k€446k▼

Amounts receivable within one year40/41€532k€422k▼

Trade receivables40€532k€417k▼

Other amounts receivable41-€6k

Cash at bank and in hand54/58€32k€17k▼

Deferred charges and accrued income490/1€6k€6k▼

Equity and liabilities

Total equity and liabilities10/49€610k€471k▼

Equity10/15€40k€65k▲

Contributions10/11€20k€20k=

Profit (loss) carried forward14€20k€45k▲

Amounts payable17/49€570k€406k▼

Amounts payable within one year42/48€566k€405k▼

Financial debts43€20k-

Credit institutions430/8€20k-

Trade debts44€419k€293k▼

Suppliers440/4€419k€293k▼

Taxes, remuneration and social security45€95k€80k▼

Taxes450/3€95k€80k▼

Other amounts payable47/48€32k€32k=

Accrued charges and deferred income492/3€5k€926▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€14k▼

Other operating charges640/8€387€400▲

Gross operating margin9900€4k€47k▲

Operating profit (loss)9901€-12k€33k▲

Financial income75/76B€0€55▲

Recurring financial income75€0€55▲

Financial charges65/66B€4k€3k▼

Recurring financial charges65€4k€3k▼

Profit (loss) for the period before taxes9903€-16k€29k▲

Income taxes67/77€190€4k▲

Profit (loss) for the period9904€-16k€25k▲

Profit (loss) for the period to be appropriated9905€-16k€25k▲

Appropriation of the result

Profit (loss) to be appropriated9906€20k€45k▲

Profit (loss) brought forward from the previous period14P€35k€20k▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 4Filings 9

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 31 days late

2025

31-12

Financial Back to profitnet €25k

Net result €25k after one loss-making year.

11-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

22-10

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 83 days late

2023

31-12

Financial Back to profitnet €65k

Net result €65k after one loss-making year.

21-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 21 days late

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 31 days late

2021

31-12

Financial Back to profitnet €53k

Net result €53k after 3 loss-making years.

27-08

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 27 days late

2020

29-10

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 90 days late

2019

31-12

Financial Weakest financial yearnet €-34k

Net result drops to €-34k, the lowest in the series; recovery starts the following year.

28-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 28 days late

2018

23-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 23 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2023

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

08-03-2023 Resigned as Manager

Location & real-estate footprint

Registered office, Elsene · 1 establishment unit since 2016

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Collegestraat 271050 Elsene

Ground area

899 m²

Building footprint

845 m²

Volume, LiDAR