VFC
ActiveVFC is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €29k and a net result of €11k. Equity is growing by ~60% per year across the filed fiscal years. Its solvency ranks better than 20% of 7894 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 7894 sector peers (2025).
NBB · sector comparisonPosition among 7894 sector peers
Solvency
better than 20%
← weakest
strongest →
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 27-07-2026, 4 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
4 d early
2024
60 d late
2023
135 d late
← before the deadline
after the deadline →
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
08-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k▲ 64.7%
2024 · €17k
2023: €8k
2024: €17k
2023 → 2025
Net result
€11k▲ 17.1%
2024 · €10k
2023: €-2k
2024: €10k
2023 → 2025
Total assets
€188k=
2024 · €188k
2023: €190k
2024: €188k
2023 → 2025
Solvency
15.3%▲ 6.0pp
2024 · 9.3%
2023: 4.1%
2024: 9.3%
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€8k-€17k▲ 124%€29k▲ 64.7%
Operating result€1k-€23k▲ 1,537%€23k▲ 2.2%
Net result€-2k-€10k€11k▲ 17.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 2% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €188k
Fixed assets
€180k=
Current assets
€8k▼ 0.9%
Equity and liabilities €188k
Equity
€29k▲ 64.7%
Debt
€159k▼ 6.7%
The debt ratio falls from 90.7% to 84.7%: equity grows while debt is paid down.
Key figures and ratios
Solvency
15.3%▲
2024 · 9.3%
ROE
39.3%▼
2024 · 55.3%
ROA
6.0%▲
2024 · 5.1%
Debt
€159k▼
2024 · €170k
Debt ≤ 1 year
€69k▲
2024 · €61k
Debt > 1 year
€90k▼
2024 · €109k
Income taxes
€4k▲
2024 · €3k
Staff costs
€288
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€188k€188k=
Fixed assets21/28€180k€180k=
Financial fixed assets28€180k€180k=
Current assets29/58€8k€8k▼
Amounts receivable within one year40/41€7k€8k▲
Trade receivables40€7k€8k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€268€106▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€188k€188k=
Equity10/15€17k€29k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€7k€19k▲
Amounts payable17/49€170k€159k▼
Amounts payable after more than one year17€109k€90k▼
Financial debts170/4€109k€90k▼
Amounts payable within one year42/48€61k€69k▲
Current portion of amounts payable after more than one year42€19k€19k▲
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€4k€8k▲
Other amounts payable47/48€36k€38k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€288
Non-recurring operating charges66A-€50
Gross operating margin9900€23k€23k▲
Operating profit (loss)9901€23k€23k▲
Financial charges65/66B€10k€7k▼
Recurring financial charges65€10k€7k▼
Profit (loss) for the period before taxes9903€12k€16k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€10k€11k▲
Profit (loss) for the period to be appropriated9905€10k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€19k▲
Profit (loss) brought forward from the previous period14P€-2k€7k▲
The notes to these accounts (3 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €11k ▲17.1%
Operating result €23k, net result €11k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
13-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 135 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
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.
Location & real-estate footprint
Registered office, Theux · 1 establishment unit since 2023
Ground area
576 m²
Building footprint
241 m²
Volume, LiDAR
1,224 m³
Parcel 63076B0986/00F003, Wallonia · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VFC
since 20232.346.504.036
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63076B0986/00F003 | Wallonia | 576 m² | 1 · 241 m² | 6.2 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.
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SIEDECO
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Of 24,642 companies in sector 64210 we hold annual accounts for 19,692. 8,629 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-06-2023
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.