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VentiForge

Active
Private limited companyfounded 200817 yrs activePareindreef 7, 2950 Kapellen, BelgiumKBO/BCE: BE 0808.268.732
Summary

VentiForge has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €546,534 and a net result of €33,472. Equity is growing by ~49.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability26▼-74
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
short-term debt: 0.6% and cash: 56.9% of total assets, and 0.6% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
99.4%
Return on assets
6.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-10-2025, 88 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
88 d late
2023
57 d late
2022
73 d late
2021
75 d late
2020
89 d late
2019
66 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 75 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 9 December 2008, VentiForge was incorporated.1 Total assets went from EUR 37,048 in 2018 to EUR 549,881 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€546,534▲ 6.5%
2023 · €513,062
Total assets
€549,881▼ 2.1%
2023 · €561,469
Net result
€33,472▼ 89.3%
2023 · €312,388
Working capital
€517,711▲ 5.7%
2023 · €489,571
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
Line20202021202220232024
Operating result-€11,621▲ 6.2%-€10,349▲ 10.9%-€15,156▼ 46.5%-€17,571▼ 15.9%-€18,547▼ 5.6%
Net result€357,716-€10,384-€22,175▼ 114%€312,388€33,472▼ 89.3%
Equity€233,233€222,849▼ 4.5%€200,674▼ 10.0%€513,062▲ 156%€546,534▲ 6.5%
Total assets€261,494▲ 1,013%€253,928▼ 2.9%€215,937▼ 15.0%€561,469▲ 160%€549,881▼ 2.1%
Debt€28,261▼ 80.9%€31,079▲ 10.0%€15,263▼ 50.9%€48,406▲ 217%€3,347▼ 93.1%
Working capital€216,907€206,979▼ 4.6%€183,226▼ 11.5%€489,571▲ 167%€517,711▲ 5.7%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2024 Net result -89% on 2023. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000€400,000Operating result 2020: -€11,621-€11,621Net result 2020: €357,716€357,716Operating result 2021: -€10,349-€10,349Net result 2021: -€10,384-€10,384Operating result 2022: -€15,156-€15,156Net result 2022: -€22,175-€22,175Operating result 2023: -€17,571-€17,571Net result 2023: €312,388€312,388Operating result 2024: -€18,547-€18,547Net result 2024: €33,472€33,47220202021202220232024-€100,000€0€100,000€200,000€300,000Operating result 2022: -€15,156-€15,200Net result 2022: -€22,175-€22,200Operating result 2023: -€17,571-€17,600Net result 2023: €312,388€312,000Operating result 2024: -€18,547-€18,500Net result 2024: €33,472€33,500202220232024
The operating result stays negative: a loss of €18,547 in 2024 against €17,571 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €549,881
Fixed assets €28,823 ▲ 22.7%
Current assets €521,058 ▼ 3.1%
Equity and liabilities €549,881
Equity €546,534 ▲ 6.5%
Debt €3,347 ▼ 93.1%
Debt's share of the balance-sheet total falls from 8.6% to 0.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€15,169▲
2023 · -€15,614
Cash flow
€36,849▼
2023 · €314,345
Debt to equity
0.01▼
2023 · 0.09
ROE
6.1%▼
2023 · 60.9%
ROA
6.1%▼
2023 · 55.6%
Interest coverage
-292.96▼
2023 · 2.08
Debt ≤ 1 year
€3,347▼
2023 · €48,406
Income taxes
€3,347▼
2023 · €27,983
A ratio outside any meaningful range has been withheld (balance sheet total €549,881, equity €546,534).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
3.2% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% 1.6%
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 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 17,792 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 against 2023 · 49 lines
Balance sheet Code20232024
Assets
Total assets20/58€561,469€549,881▼
Fixed assets21/28€23,492€28,823▲
Tangible fixed assets22/27€5,492€10,823▲
Plant, machinery and equipment23€29€3,435▲
Furniture and vehicles24€5,463€3,765▼
Other tangible fixed assets26-€3,623
Financial fixed assets28€18,000€18,000=
Current assets29/58€537,977€521,058▼
Amounts receivable after more than one year29-€25,000
Other amounts receivable291-€25,000
Amounts receivable within one year40/41-€7,445
Trade receivables40-€1,050
Other amounts receivable41-€6,395
Current investments50/53€121,122€174,039▲
Cash at bank and in hand54/58€413,486€312,674▼
Deferred charges and accrued income490/1€3,369€1,901▼
Equity and liabilities
Total equity and liabilities10/49€561,469€549,881▼
Equity10/15€513,062€546,534▲
Contributions10/11€12,400€12,400=
Reserves13€500,662€534,134▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€500,662€534,134▲
Profit (loss) carried forward14€0-
Amounts payable17/49€48,406€3,347▼
Amounts payable within one year42/48€48,406€3,347▼
Trade debts44€1,781€0▼
Suppliers440/4€1,781€0▼
Taxes, remuneration and social security45€27,983€3,347▼
Taxes450/3€27,983€3,347▼
Other amounts payable47/48€18,643€0▼
Accrued charges and deferred income492/3€0-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,957€3,378▲
Other operating charges640/8€1,336€806▼
Gross operating margin9900-€14,278-€14,363▼
Operating profit (loss)9901-€17,571-€18,547▼
Financial income75/76B€350,439€55,418▼
Recurring financial income75€350,439€55,418▼
Financial charges65/66B-€7,502€52▲
Recurring financial charges65-€7,502€52▲
Profit (loss) for the period before taxes9903€340,371€36,819▼
Income taxes67/77€27,983€3,347▼
Profit (loss) for the period9904€312,388€33,472▼
Profit (loss) for the period to be appropriated9905€312,388€33,472▼
Appropriation of the result
Profit (loss) to be appropriated9906€279,829€33,472▼
Profit (loss) brought forward from the previous period14P-€32,559€0▲
Transfer to equity691/2€279,829€33,472▼
To other reserves6921€279,829€33,472▼
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,627€1,679€1,809€1,957€3,378▲ 72.6%
Other operating charges640/8-€1,032€974€1,336€806▼ 39.7%
Gross operating margin9900-€8,967-€7,637-€12,374-€14,278-€14,363▼ 0.6%
Operating profit (loss)9901-€11,621-€10,349-€15,156-€17,571-€18,547▼ 5.6%
Financial income75/76B-€1€684€350,439€55,418▼ 84.2%
Recurring financial income75€380,000€1€684€350,439€55,418▼ 84.2%
Non-recurring financial income76B-€0----
Financial charges65/66B-€37€7,702-€7,502€52▲ 101%
Recurring financial charges65€30€37€7,702-€7,502€52▲ 101%
Profit (loss) for the period before taxes9903€378,276-€10,384-€22,175€340,371€36,819▼ 89.2%
Income taxes67/77€20,559€0-€27,983€3,347▼ 88.0%
Profit (loss) for the period9904€357,716-€10,384-€22,175€312,388€33,472▼ 89.3%
Profit (loss) for the period to be appropriated9905€357,716-€10,384-€22,175€312,388€33,472▼ 89.3%
Line20202021202220232024Change
Assets
Total assets20/58€261,494€253,928€215,937€561,469€549,881▼ 2.1%
Fixed assets21/28€20,826€20,370€21,948€23,492€28,823▲ 22.7%
Tangible fixed assets22/27€2,826€2,370€3,948€5,492€10,823▲ 97.1%
Plant, machinery and equipment23-€311€170€29€3,435▲ 11,856%
Furniture and vehicles24-€2,059€3,778€5,463€3,765▼ 31.1%
Other tangible fixed assets26----€3,623-
Financial fixed assets28€18,000€18,000€18,000€18,000€18,000=
Current assets29/58€240,668€233,558€193,989€537,977€521,058▼ 3.1%
Amounts receivable after more than one year29----€25,000-
Other amounts receivable291----€25,000-
Amounts receivable within one year40/41----€7,445-
Trade receivables40----€1,050-
Other amounts receivable41----€6,395-
Current investments50/53--€65,071€121,122€174,039▲ 43.7%
Cash at bank and in hand54/58€240,668€233,497€128,713€413,486€312,674▼ 24.4%
Deferred charges and accrued income490/1-€60€204€3,369€1,901▼ 43.6%
Equity and liabilities
Total equity and liabilities10/49€261,494€253,928€215,937€561,469€549,881▼ 2.1%
Equity10/15€233,233€222,849€200,674€513,062€546,534▲ 6.5%
Contributions10/11-€12,400€12,400€12,400€12,400=
Reserves13€220,833€220,833€220,833€500,662€534,134▲ 6.7%
Non-distributable reserves130/1-€1,860€1,860€0--
Reserves not available under the articles1311-€1,860€1,860€0--
Distributable reserves133-€218,973€218,973€500,662€534,134▲ 6.7%
Profit (loss) carried forward14€0-€10,384-€32,559€0--
Amounts payable17/49€28,261€31,079€15,263€48,406€3,347▼ 93.1%
Amounts payable within one year42/48€23,761€26,579€10,763€48,406€3,347▼ 93.1%
Trade debts44€3,037€3,542€92€1,781€0▼ 100%
Suppliers440/4-€3,542€92€1,781€0▼ 100%
Taxes, remuneration and social security45-€20,559€0€27,983€3,347▼ 88.0%
Taxes450/3-€20,559€0€27,983€3,347▼ 88.0%
Other amounts payable47/48-€2,477€10,671€18,643€0▼ 100%
Accrued charges and deferred income492/3-€4,500€4,500€0--
Line20202021202220232024Change
Profit (loss) for the period9904€357,716-€10,384-€22,175€312,388€33,472▼ 89.3%
+ Depreciation and write-downs630€1,627€1,679€1,809€1,957€3,378▲ 72.6%
Operating cash flow (approximation)€359,344-€8,705-€20,366€314,345€36,849▼ 88.3%
Investment in fixed assets (approximation)--€1,223-€3,387-€3,500-€8,709▼ 149%
Change in cash--€7,171-€104,784€284,773-€100,813▼ 135%

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
27-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 88 days late
2024
31-12
Financial Liquidity times 14current ratio 155.67
Current ratio from 11.11 to 155.67; short-term debt falls from €48,406 to €3,347.
26-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial Back to profitnet €312,388
Net result €312,388 after 2 loss-making years.
31-12
Financial Equity above €500,000Eq €513,062 ▲156%
Equity rises from €200,674 to €513,062.
12-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 73 days late
2022
31-12
Financial Weakest financial yearnet -€22,175
Net result drops to -€22,175, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 18.02
Current ratio from 8.79 to 18.02; short-term debt falls from €26,579 to €10,763.
14-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
28-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial Back to profitnet €357,716
Net result €357,716 after one loss-making year.
31-12
Financial Liquidity times 1385current ratio 10.13
Current ratio from 0.01 to 10.13; short-term debt falls from €143,486 to €23,761.
Show earlier events
31-12
Financial Equity above €200,000Eq €233,233
Equity rises from -€124,483 to €233,233.
05-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 66 days late
2019
30-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
22-11
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 114 days late
2017
14-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 136 days late
2016
26-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kapellen · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
5,451 m²
Building footprint
198 m²
Volume, LiDAR
1,184 m³
Parcel 11362M0526/00Y000, Flanders · tallest building 17.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pareindreef 7, 2950 Kapellen
Specialist medical practice
since 20082.198.438.880
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11362M0526/00Y000 Flanders 5,451 m² 1 · 198 m² 17.9 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

  • Medimatica BVNLsubsidiary
    Equity €77,774Result €134,309
    100%

According to the 2024 annual accounts of VentiForge and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded09-12-2008
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0808268732
Also 9925:BE0808268732
Registered 20-10-2025

Register as of 27 September 2026 · Peppol Directory

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