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VG SOLUTIONS

Active
Private limited companyfounded 200916 yrs activeWaterstraat 3, 8780 Oostrozebeke, BelgiumKBO/BCE: BE 0819.214.587

VG SOLUTIONS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.79M and a net result of €602k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 74% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
100 / 100
Excellent▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+73
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 8.9 against 11.06 in 2024), and 22.1% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2025
Solvency, return and age of the figures
Solvency
77.9%
Return on assets
26.2%
Age of the figures
11 mo
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
elevated failure risk from 2 to 8 years 16 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
47 d early
2023
11 d early
2022
3 d early
2021
9 d early
2020
18 d early
2019
23 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€1.79M▲ 50.6%
2024 · €1.19M
2018: €587k 2019: €644k 2020: €702k 2021: €758k 2022: €972k 2023: €1.12M 2024: €1.19M
2018 → 2025
Total assets
€2.30M▲ 32.5%
2024 · €1.73M
2018: €1.23M 2019: €1.30M 2020: €1.47M 2021: €1.52M 2022: €1.73M 2023: €1.93M 2024: €1.73M
2018 → 2025
Net result
€602k▲ 844%
2024 · €64k
2018: €107k 2019: €58k 2020: €59k 2021: €56k 2022: €214k 2023: €153k 2024: €64k
2018 → 2025
Working capital
€1.33M▲ 61.5%
2024 · €824k
2018: €160k 2019: €265k 2020: €465k 2021: €577k 2022: €834k 2023: €848k 2024: €824k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€758k-€972k▲ 28.3%€1.12M▲ 15.8%€1.19M▲ 5.7%€1.79M▲ 50.6%
Operating result€95k-€299k▲ 214%€257k▼ 14.1%€275k▲ 7.2%€771k▲ 180%
Net result€56k-€214k▲ 283%€153k▼ 28.5%€64k▼ 58.4%€602k▲ 844%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400k€600k€800kOperating result 2021: €95k€95kNet result 2021: €56k€56kOperating result 2022: €299k€299kNet result 2022: €214k€214kOperating result 2023: €257k€257kNet result 2023: €153k€153kOperating result 2024: €275k€275kNet result 2024: €64k€64kOperating result 2025: €771k€771kNet result 2025: €602k€602k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 180% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.30M
Fixed assets €798k▼ 3.6%
Current assets €1.50M▲ 65.5%
Equity and liabilities €2.30M
Equity €1.79M▲ 50.6%
Debt €508k▼ 6.9%
The debt ratio falls from 31.5% to 22.1%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€835k
2024 · €340k
Cash flow
€666k
2024 · €129k
Solvency
77.9%
2024 · 68.5%
Current ratio
8.90
2024 · 11.06
Quick ratio
8.90
2024 · 11.06
Debt / equity
0.28
2024 · 0.46
ROE
33.6%
2024 · 5.4%
ROA
26.2%
2024 · 3.7%
Interest coverage
25.39
2024 · 7.45
Debt
€508k
2024 · €545k
Debt ≤ 1 year
€168k
2024 · €82k
Debt > 1 year
€339k
2024 · €463k
Income taxes
€202k
2024 · €53k
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€1.73M€2.30M
Fixed assets21/28€827k€798k
Tangible fixed assets22/27€752k€723k
Land and buildings22€654k€618k
Plant, machinery and equipment23€9k€38k
Furniture and vehicles24€89k€67k
Assets under construction and advance payments27€0-
Financial fixed assets28€75k€75k=
Current assets29/58€906k€1.50M
Amounts receivable after more than one year29€787k€1.11M
Other amounts receivable291€787k€1.11M
Amounts receivable within one year40/41€7k€326k
Trade receivables40€0€326k
Other amounts receivable41€7k€0
Cash at bank and in hand54/58€108k€57k
Deferred charges and accrued income490/1€4k€4k
Equity and liabilities
Total equity and liabilities10/49€1.73M€2.30M
Equity10/15€1.19M€1.79M
Contributions10/11€613k€613k=
Revaluation surpluses12€119€119=
Reserves13€576k€1.18M
Tax-exempt reserves132€19k€19k=
Distributable reserves133€557k€1.16M
Amounts payable17/49€545k€508k
Amounts payable after more than one year17€463k€339k
Financial debts170/4€29k€0
Other amounts payable178/9€434k€339k
Amounts payable within one year42/48€82k€168k
Current portion of amounts payable after more than one year42€33k€32k
Trade debts44€3k€10k
Suppliers440/4€3k€10k
Taxes, remuneration and social security45€19k€103k
Taxes450/3€19k€103k
Other amounts payable47/48€26k€23k
Accrued charges and deferred income492/3€233€119
Income statement Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€64k
Other operating charges640/8€18k€2k
Non-recurring operating charges66A€35€4k
Gross operating margin9900€359k€841k
Operating profit (loss)9901€275k€771k
Financial income75/76B€56k€66k
Recurring financial income75€56k€66k
Financial charges65/66B€214k€33k
Recurring financial charges65€46k€33k
Non-recurring financial charges66B€169k€0
Profit (loss) for the period before taxes9903€117k€804k
Income taxes67/77€53k€202k
Profit (loss) for the period9904€64k€602k
Profit (loss) for the period to be appropriated9905€64k€602k
Appropriation of the result
Profit (loss) to be appropriated9906€64k€602k
Transfer to equity691/2€64k€602k
To other reserves6921€64k€602k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
30-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Highest result since 2018net €602k ▲844%
Operating result €771k, net result €602k, both a record.
14-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
19-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Equity above €1MEq €1.12M ▲15.8%
6 profitable years in a row build equity to €1.12M.
27-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
21-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Weakest financial yearnet €56k ▼5.1%
Net result drops to €56k, the lowest in the series; recovery starts the following year.
12-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
07-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
25-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Oostrozebeke · 1 establishment unit since 2009
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.

Waterstraat 38780 Oostrozebeke
Ground area
968 m²
Building footprint
171 m²
Volume, LiDAR
1,281 m³
Parcel 37010E0801/00S000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VG SOLUTIONS
Waterstraat 3, 8780 OostrozebekeFinancial service activities, except insurance and pension funding
since 20092.181.722.713
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37010E0801/00S000 Flanders 968 m² 1 · 171 m² 10.9 m · 3 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.

Similar companies · same sector, comparable size

Of 82,218 companies in sector 70200 we hold annual accounts for 52,393. 21,360 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-10-2009
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.