VGB management is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €12k and a net result of €9k. Its solvency ranks better than 17% of 9864 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
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 17% of 9864 sector peers (2024).
NBB · sector comparisonPosition among 9864 sector peers
Solvency
better than 17%
← weakest
strongest →
raises risk · Young company
Founded in 2024, under 3 years, statistically higher risk.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
43 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€12k
Net result
€9k
Total assets
€85k
Solvency
13.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €85k
Fixed assets
€5k
Current assets
€80k
Equity and liabilities €85k
Equity
€12k
Debt
€73k
Debt finances 86.4% of the balance-sheet total.
Key figures and ratios
Solvency
13.6%
ROE
78.3%
ROA
10.6%
Debt
€73k
Debt ≤ 1 year
€73k
Income taxes
€6k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€85k
Fixed assets21/28€5k
Tangible fixed assets22/27€4k
Furniture and vehicles24€4k
Financial fixed assets28€562
Current assets29/58€80k
Amounts receivable within one year40/41€58k
Trade receivables40€58k
Cash at bank and in hand54/58€19k
Deferred charges and accrued income490/1€3k
Equity and liabilities
Total equity and liabilities10/49€85k
Equity10/15€12k
Contributions10/11€3k
Reserves13€9k
Distributable reserves133€9k
Amounts payable17/49€73k
Amounts payable within one year42/48€73k
Trade debts44€63k
Suppliers440/4€63k
Taxes, remuneration and social security45€4k
Taxes450/3€4k
Other amounts payable47/48€6k
Accrued charges and deferred income492/3€300
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€742
Other operating charges640/8€8k
Gross operating margin9900€24k
Operating profit (loss)9901€15k
Financial charges65/66B€39
Recurring financial charges65€39
Profit (loss) for the period before taxes9903€15k
Income taxes67/77€6k
Profit (loss) for the period9904€9k
Profit (loss) for the period to be appropriated9905€9k
Appropriation of the result
Profit (loss) to be appropriated9906€9k
Transfer to equity691/2€9k
To other reserves6921€9k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Haaltert · 1 establishment unit since 2024
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.
Doornstraat(HA) 259450 HaaltertGround area
1,114 m²
Building footprint
189 m²
Volume, LiDAR
857 m³
Parcel 41024A0576/00G000, Flanders · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Doornstraat(HA) 25, 9450 Haaltert
since 20242.357.526.305
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41024A0576/00G000 | Flanders | 1,114 m² | 1 · 189 m² | 9.5 m · 1 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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BAXCO
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,764. 5,549 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2024
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
66199Other activities auxiliary to financial services, excluding insurance and pension funding
68110Buying and selling of own real estate
70100Activities of head offices
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.