VF Energy
ActiveSummary
The computed 12-month bankruptcy probability of VF Energy is 2.1% (moderate). The 2025 annual accounts show equity of €226k and a net result of €13k. Equity is growing by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 27786 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-11
Solvency92▲+8
Growth52=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 3.12 against 2.58 in 2024; short-term debt: 27.8% and cash: 5.6% of total assets), and 33.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
66.8%
Return on assets
3.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
27 d late
2022
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€226k▲ 5.9%
2024 · €213k
2022: €98k
2023: €170k
2024: €213k
2022 → 2025
Total assets
€338k▼ 6.0%
2024 · €360k
2022: €209k
2023: €310k
2024: €360k
2022 → 2025
Net result
€13k▼ 71.2%
2024 · €44k
2022: €88k
2023: €72k
2024: €44k
2022 → 2025
Working capital
€200k▲ 8.1%
2024 · €185k
2022: €87k
2023: €139k
2024: €185k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€98k-€170k▲ 73.7%€213k▲ 25.8%€226k▲ 5.9%
Operating result€117k-€96k▼ 18.0%€53k▼ 45.2%€21k▼ 61.0%
Net result€88k-€72k▼ 17.9%€44k▼ 39.2%€13k▼ 71.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 61% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €338k
Fixed assets
€45k ▼ 23.8%
Current assets
€294k ▼ 2.5%
Equity and liabilities €338k
Equity
€226k ▲ 5.9%
Debt
€112k ▼ 23.3%
Debt's share of the balance-sheet total falls from 40.7% to 33.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▼
2024 · €71k
Cash flow
€31k▼
2024 · €62k
Current ratio
3.12▲
2024 · 2.58
Quick ratio
2.07▲
2024 · 1.27
Debt to equity
0.50▼
2024 · 0.69
ROE
5.6%▼
2024 · 20.5%
ROA
3.7%▼
2024 · 12.2%
Interest coverage
15.41▼
2024 · 28.19
Debt ≤ 1 year
€94k▼
2024 · €117k
Debt > 1 year
€18k▼
2024 · €30k
Income taxes
€7k▼
2024 · €16k
Staff costs
€637▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€360k€338k▼
Fixed assets21/28€59k€45k▼
Intangible fixed assets21€2k€4k▲
Tangible fixed assets22/27€57k€40k▼
Land and buildings22€322€280▼
Plant, machinery and equipment23€16k€12k▼
Furniture and vehicles24€40k€28k▼
Current assets29/58€301k€294k▼
Stocks and contracts in progress3€153k€99k▼
Stocks30/36€134k€85k▼
Contracts in progress37€18k€14k▼
Amounts receivable within one year40/41€86k€149k▲
Trade receivables40€25k€104k▲
Other amounts receivable41€61k€45k▼
Cash at bank and in hand54/58€61k€19k▼
Deferred charges and accrued income490/1€1k€26k▲
Equity and liabilities
Total equity and liabilities10/49€360k€338k▼
Equity10/15€213k€226k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€203k€216k▲
Amounts payable17/49€147k€112k▼
Amounts payable after more than one year17€30k€18k▼
Financial debts170/4€30k€18k▼
Amounts payable within one year42/48€117k€94k▼
Current portion of amounts payable after more than one year42€16k€12k▼
Financial debts43€20k€0▼
Credit institutions430/8€20k€0▼
Trade debts44€81k€82k▲
Suppliers440/4€81k€82k▲
Taxes, remuneration and social security45€95€855▲
Taxes450/3€95€855▲
Income statement
Code20242025
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€2k€637▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€75k€40k▼
Operating profit (loss)9901€53k€21k▼
Financial income75/76B€9k€1k▼
Recurring financial income75€9k€1k▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€59k€19k▼
Income taxes67/77€16k€7k▼
Profit (loss) for the period9904€44k€13k▼
Profit (loss) for the period to be appropriated9905€44k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€203k€216k▲
Profit (loss) brought forward from the previous period14P€160k€203k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €13k ▼71.2%
Net result drops to €13k, the lowest in the series.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Equity above €200kEq €213k ▲25.8%
3 profitable years in a row build equity to €213k.
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
30-06
Financial
Equity above €150kEq €170k ▲73.7%
2 profitable years in a row build equity to €170k.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Hooglede · 1 establishment unit since 2021
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.
Grijspeerdstraat 188830 HoogledeGround area
1,189 m²
Building footprint
181 m²
Volume, LiDAR
989 m³
Parcel 36005D0054/00V000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VF Energy BV
since 20212.327.128.285
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36005D0054/00V000 | Flanders | 1,189 m² | 1 · 181 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2023 · 1 entry · 210 EUR awarded · 210 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 210 EUR | 210 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,082 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-09-2021
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.