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Vges

Active Private limited companyfounded 2011active for 15 yearsRue de Liège 9, 6180 CourcellesKBO/BCE: BE 0838.928.848

Lifetime

14 annual accounts with figures on one time axis
peak €59,100 (2012)
-€76,924previous year 9 months
lowest -€167,057 (2012)
-€150,263previous year 9 months
peak -€117,057 (2012)
-€437,153▼ €150,263
€940,356▲ 59.7%
peak 4.7 FTE (2012)
-not published
Board5 names since 2024
4 directors and 3 others
Documentsfilings and deeds
29-01-20262 days before the deadline
2025micro format
Loss of €150,263Equity from -€286,890 to -€437,153Debts from €588,861 to €940,3561 establishment registeredInvestments €158,282Cash from €8,573 to €78,493

Key points

from the 2025 annual accounts

Equity

-€437,153
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€173,020 in four years
-2052022-1,8472023-20,7062024-150,2632025

Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.

Debts

€940,356 187% of the balance sheet
Financial debts 66%Suppliers 14%Taxes and wages 1%Other 20%

Of this, €319,122 falls due within a year.

Investments

€174,502 3.0 × depreciation
202220242025

Green is investment, beige is depreciation. Machinery stands 4348.8% higher than in 2024.

Filings

14 annual accounts since 2012
deadline201520202025

The last five annual accounts were filed 0 to 94 days before the end of the period.

Position in the sector

-€150,263

Lower net result than 95% of companies in retail trade. Sector median €4,763 · 25,208 companies.

Turnover not published (micro format)Net result -626%: 12-month year

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 598 companies had the same profile as Vges has now. Each dot stands for 2 companies, two years later.

83.3%
were still trading
6.0%
stopped another way
9.4%
went bankrupt
  • Small
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 598 companies, not a prediction for Vges. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director,
Director,
Director,
Director,
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0838928848
First establishment SUPERMERCATO AWANS, Rue de Bruxelles 81, Awans
4 directors appointed, 1 manager resigning Resignation: (manager) · Appointments: , , and · Permanent representatives: , , and · General meeting of 28-12-2023 · Gazette deed
Incorporation published on 13-09-2011 · Gazette deed
All 22 events

Comparable companies

same main activity, similar in size and age
Company
Vges Courcelles €503,204 -€76,924 -86.9% -
LE PETIT VERGER Brunehaut €464,613 -€459 -89.0% -
B & V FOOD CONCEPT Bruges €627,782 -€44,565 -29.9% 0.5
LEODETIM Courcelles €731,739 -€362,491 -397.7% 5.7
SUPERETTE SANCHEZ STEPHANE Péruwelz €339,487 -€36,397 50.8% 0
BAVA Mouscron €486,471 -€13,730 55.1% -
SODEDIS Gouvy €598,865 -€13,183 61.7% -

These companies have the same main activity as Vges: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €339,000 and €732,000, founded between 2006 and 2012.

Official details

Source: KBO
Status
Active since 01-09-2011Normal situation
Registered office
10 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
Activity
Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110and 1 other
Establishment unit
2.371.115.8074340 Awans, since 01-05-2025
Financial year end
30 June
Peppol
Reachable since 30-10-2025
Company details

Annual accounts to 30-06-2025

€503,204▲ 66.6%
Filing
Filed on 29-01-2026, 2 days before the end of the filing period
Financials

Insights on Vges

Vges files the micro format. That format states no turnover. The gross margin fell from €59,100 in 2012 to -€76,924 in 2025.

The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Vges

What is the company number of Vges?
The company number of Vges is 0838.928.848. The VAT number is the same number with BE in front: BE 0838.928.848.
Where is Vges based?
The registered office is at Rue de Liège 9, 6180 Courcelles.Company details
What does Vges do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of Vges?
Vges is a private limited company (BV).
When was Vges founded?
Vges was founded on 01-09-2011.
Is Vges still active?
Yes, Vges is an active enterprise in the KBO register.
What is the turnover of Vges?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2021 turnover was €1,338.Financials
Is Vges profitable?
In financial year 2025, Vges made a loss of €150,263.
Where can I find the annual accounts of Vges?
Vges filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Vges due?
Vges must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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