VG
ActiveVG has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €405k and a net result of €36k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-6
Solvency78▼-15
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.17 against 3.03 in 2024; short-term debt: 33.8% and cash: 39.7% of total assets), and 46.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 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
53.1%
Return on assets
4.7%
Age of the figures
9 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 31-12-2025 was due by 31-07-2026 and was filed on 20-05-2026, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
72 d early
2024
99 d early
2023
8 d late
2022
34 d early
2021
94 d early
2020
72 d early
2019
72 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€405k▼ 13.8%
2024 · €470k
2018: €232k
2019: €280k
2020: €347k
2021: €327k
2022: €381k
2023: €403k
2024: €470k
2018 → 2025
Total assets
€762k▲ 10.1%
2024 · €692k
2018: €591k
2019: €566k
2020: €638k
2021: €636k
2022: €797k
2023: €717k
2024: €692k
2018 → 2025
Net result
€36k▼ 46.2%
2024 · €67k
2018: €89k
2019: €48k
2020: €68k
2021: €-21k
2022: €54k
2023: €22k
2024: €67k
2018 → 2025
Working capital
€302k▲ 0.3%
2024 · €301k
2018: €164k
2019: €211k
2020: €265k
2021: €203k
2022: €245k
2023: €227k
2024: €301k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€327k-€381k▲ 16.5%€403k▲ 5.7%€470k▲ 16.7%€405k▼ 13.8%
Operating result€-14k-€70k€35k▼ 49.8%€100k▲ 183%€56k▼ 44.2%
Net result€-21k-€54k€22k▼ 59.4%€67k▲ 207%€36k▼ 46.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 44% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €762k
Fixed assets
€203k▼ 16.4%
Current assets
€560k▲ 24.4%
Equity and liabilities €762k
Equity
€405k▼ 13.8%
Debt
€357k▲ 60.6%
The debt ratio rises from 32.1% to 46.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€118k▼
2024 · €160k
Cash flow
€98k▼
2024 · €128k
Solvency
53.1%▼
2024 · 67.9%
Current ratio
2.17▼
2024 · 3.03
Quick ratio
2.17▼
2024 · 3.03
Debt / equity
0.88▲
2024 · 0.47
ROE
8.9%▼
2024 · 14.3%
ROA
4.7%▼
2024 · 9.7%
Interest coverage
27.30▼
2024 · 33.62
Debt
€357k▲
2024 · €223k
Debt ≤ 1 year
€258k▲
2024 · €149k
Debt > 1 year
€100k▲
2024 · €74k
Income taxes
€15k▼
2024 · €29k
Staff costs
€155k▼
2024 · €171k
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€692k€762k▲
Fixed assets21/28€242k€203k▼
Tangible fixed assets22/27€242k€203k▼
Land and buildings22€150k€138k▼
Plant, machinery and equipment23€15k€9k▼
Furniture and vehicles24€77k€56k▼
Leasing and similar rights25€391€130▼
Current assets29/58€450k€560k▲
Amounts receivable within one year40/41€239k€257k▲
Trade receivables40€234k€253k▲
Other amounts receivable41€6k€5k▼
Cash at bank and in hand54/58€211k€303k▲
Equity and liabilities
Total equity and liabilities10/49€692k€762k▲
Equity10/15€470k€405k▼
Contributions10/11€13k€13k=
Reserves13€457k€392k▼
Distributable reserves133€457k€392k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€223k€357k▲
Amounts payable after more than one year17€74k€100k▲
Financial debts170/4€74k€100k▲
Amounts payable within one year42/48€149k€258k▲
Current portion of amounts payable after more than one year42€42k€33k▼
Trade debts44€49k€56k▲
Suppliers440/4€49k€56k▲
Taxes, remuneration and social security45€58k€60k▲
Taxes450/3€37k€40k▲
Remuneration and social security454/9€20k€20k▼
Other amounts payable47/48€384€108k▲
Income statement
Code20242025
Remuneration, social security and pensions62€171k€155k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€62k▲
Other operating charges640/8€6k€7k▲
Gross operating margin9900€337k€279k▼
Operating profit (loss)9901€100k€56k▼
Financial income75/76B€598€1▼
Recurring financial income75€598€1▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€96k€52k▼
Income taxes67/77€29k€15k▼
Profit (loss) for the period9904€67k€36k▼
Profit (loss) for the period to be appropriated9905€67k€36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€67k€36k▼
Transfer from equity791/2-€101k
Transfer to equity691/2€67k€36k▼
To other reserves6921€67k€36k▼
Profit to be distributed694/7-€101k
Return on contributions (dividend)694-€101k
The notes to these accounts (13 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
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €54k
Net result €54k after one loss-making year.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-21k ▼130%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
20-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Mol · 1 establishment unit since 2011
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.
Emiel Becquaertlaan 2/halE32400 MolGround area
2.0 ha
Parcel 13435C1442/00G007, Flanders. Linked by address, not a title deed.
1 establishment unit
VG
since 20112.196.743.261
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13435C1442/00G007 | Flanders | 2.0 ha | - | - |
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
2022 to 2025 · 6 entries · 13,040 EUR awarded · 13,040 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 485 EUR | 485 EUR |
| 2024 | 2 | 1,518 EUR | 1,742 EUR |
| 2023 | 2 | 4,870 EUR | 4,646 EUR |
| 2022 | 1 | 6,167 EUR | 6,167 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 8,456 companies in sector 43120 we hold annual accounts for 3,232. 2,308 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2011
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
49410Freight transport by road
25530Machining of metals
42212Civil engineering
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.