VG&T
ActiveVG&T has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104k and a net result of €18k. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 35% of 982 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▼-24
Solvency58▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.14 in 2024; short-term debt: 56.5% of total assets), and 66.6% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
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
33.4%
Return on assets
5.8%
Age of the figures
12 mo
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
27 d early
2023
1 d early
2022
120 d late
2021
271 d late
2020
on the day
2019
7 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 monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€104k▲ 21.9%
2024 · €85k
2018: €20k
2019: €36k
2020: €35k
2021: €44k
2022: €57k
2023: €67k
2024: €85k
2018 → 2025
Total assets
€310k▲ 17.1%
2024 · €265k
2018: €94k
2019: €198k
2020: €211k
2021: €238k
2022: €345k
2023: €296k
2024: €265k
2018 → 2025
Net result
€18k▲ 63.7%
2024 · €11k
2018: €15k
2019: €15k
2020: €-519
2021: €8k
2022: €13k
2023: €10k
2024: €11k
2018 → 2025
Working capital
€-4k
2024 · €15k
2018: €-10k
2019: €-42k
2020: €-23k
2021: €-38k
2022: €11k
2023: €-14k
2024: €15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€57k▲ 30.5%€67k▲ 18.4%€85k▲ 26.5%€104k▲ 21.9%
Operating result€13k-€17k▲ 32.5%€23k▲ 32.0%€29k▲ 29.0%€85k▲ 192%
Net result€8k-€13k▲ 57.2%€10k▼ 21.5%€11k▲ 6.2%€18k▲ 63.7%
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 has risen four years in a row; 2025 is 192% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €310k
Fixed assets
€139k▼ 5.9%
Current assets
€171k▲ 46.0%
Equity and liabilities €310k
Equity
€104k▲ 21.9%
Debt
€206k▲ 14.8%
The debt ratio falls from 67.9% to 66.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€129k▲
2024 · €74k
Cash flow
€62k▲
2024 · €56k
Solvency
33.4%▲
2024 · 32.1%
Current ratio
0.98▼
2024 · 1.14
Quick ratio
0.98▼
2024 · 1.14
Debt / equity
1.99▼
2024 · 2.11
ROE
17.5%▲
2024 · 13.0%
ROA
5.8%▲
2024 · 4.2%
Interest coverage
2.17▼
2024 · 5.30
Debt
€206k▲
2024 · €180k
Debt ≤ 1 year
€175k▲
2024 · €103k
Debt > 1 year
€31k▼
2024 · €33k
Income taxes
€7k▲
2024 · €4k
Staff costs
€228
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€265k€310k▲
Fixed assets21/28€147k€139k▼
Tangible fixed assets22/27€147k€139k▼
Plant, machinery and equipment23€46k€62k▲
Furniture and vehicles24€101k€77k▼
Current assets29/58€117k€171k▲
Amounts receivable within one year40/41€114k€170k▲
Trade receivables40€100k€106k▲
Other amounts receivable41€13k€63k▲
Cash at bank and in hand54/58€4k-
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€265k€310k▲
Equity10/15€85k€104k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€66k€85k▲
Amounts payable17/49€180k€206k▲
Amounts payable after more than one year17€33k€31k▼
Financial debts170/4€33k€31k▼
Amounts payable within one year42/48€103k€175k▲
Current portion of amounts payable after more than one year42-€76k
Financial debts43€72k€43k▼
Credit institutions430/8€72k€43k▼
Trade debts44€12k€37k▲
Suppliers440/4€12k€37k▲
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€19k€17k▼
Accrued charges and deferred income492/3€44k-
Income statement
Code20242025
Remuneration, social security and pensions62-€228
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€44k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€76k€132k▲
Operating profit (loss)9901€29k€85k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€14k€59k▲
Recurring financial charges65€14k€59k▲
Profit (loss) for the period before taxes9903€15k€26k▲
Income taxes67/77€4k€7k▲
Profit (loss) for the period9904€11k€18k▲
Profit (loss) for the period to be appropriated9905€11k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€66k€85k▲
Profit (loss) brought forward from the previous period14P€55k€67k▲
The notes to these accounts (7 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €18k ▲63.7%
Operating result €85k, net result €18k, both a record.
30-09
Financial
Equity above €100kEq €104k ▲21.9%
5 profitable years in a row build equity to €104k.
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 120 days late
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 271 days late
2021
30-09
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €-519 ▼103%
Net result drops to €-519, the lowest in the series; recovery starts the following year.
23-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 236 days late
24-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 602 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Geel · 1 establishment unit since 1998
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.
Moestoemaatheide 132440 GeelGround area
1,353 m²
Parcel 13375M1272/00X000, Flanders. Linked by address, not a title deed.
1 establishment unit
VG&T
since 19982.131.292.611
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13375M1272/00X000 | Flanders | 1,353 m² | - | - |
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
MEES S.
BE 0441.012.874
Stabroek · Eq €104k
V&D COMPANY
BE 0450.570.344
Gent · Eq €104k
SOMAGRO
BE 0777.467.470
Pajottegem · Eq €103k
Klinkerwerken Toon Paesen
BE 0682.979.176
Hulshout · Eq €104k
SMART BUILD
BE 0544.709.636
Antwerpen · Eq €105k
Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 742 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-1998
Fiscal year end30-09
Activities, NACEBEL
42110Construction of roads and motorways
43120Site preparation
43990Other specialised construction activities
43999Specialised construction activities
49410Freight transport by road
77110Renting and leasing of cars and light motor vehicles
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.