VGL² Car Solutions
The computed 12-month bankruptcy probability of VGL² Car Solutions is 2.2% (moderate). The 2024 annual accounts show equity of €14k and a net result of €-5k. Equity is shrinking by ~75% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 34% of 3354 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €14k |
| Net result | €-5k |
| Better than sector | 34% |
| Active | 4 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 8.5% | 25.2% | |
| Net result | €-5k | €4k | |
| Equity | €14k | €23k | |
| Gross operating margin | €10k | €19k | |
| Total assets | €160k | €105k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €9k |
| Net profit | €-5k |
| Cash flow | €6k |
| Staff costs | - |
| Income taxes | €176 |
| Dividends | - |
| Total assets | €160k |
| Equity | €14k |
| Debt | €146k |
| of which ≤ 1y | €112k |
| of which > 1y | €34k |
| Working capital | €-16k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.86 |
| Quick ratio | 0.63 |
| Working capital ratio | -9.8% |
| Solvency | 8.5% |
| Debt / equity | 10.83 |
| Long-term debt ratio | 2.50 |
| Interest coverage | 1.99 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.3% |
| ROE | -39.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €160k |
| Fixed assets | 21/28 | €63k |
| Intangible fixed assets | 21 | €55k |
| Tangible fixed assets | 22/27 | €8k |
| Current assets | 29/58 | €97k |
| Stocks & contracts in progress | 3 | €26k |
| Amounts receivable within one year | 40/41 | €46k |
| Cash & bank | 54/58 | €25k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €160k |
| Equity | 10/15 | €14k |
| Contributions / capital | 10/11 | €11k |
| Reserves | 13 | €2k |
| Amounts payable | 17/49 | €146k |
| Amounts payable after one year | 17 | €34k |
| Amounts payable within one year | 42/48 | €112k |
| Trade debts payable within one year | 44 | €78k |
| Income statement | ||
| Gross operating margin | 9900 | €10k |
| Operating result | 9901 | €-3k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €-5k |
| Income taxes | 67/77 | €176 |
| Net result for the period | 9904 | €-5k |
| Result to be appropriated | 9905 | €-5k |
| NACE primary | Groothandel in andere machines en werktuigen, neg(46649) |
| Legal form | Private limited company(610) |
| Incorporation | 22-02-2022 |
| Status | Active |
| Postal code | 9300 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41302C0790/00M000 | Flanders | 425 m² | 1 · 103 m² | 0.0 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
05-05-2026 Notarial deed · Incorporation · Founder · Purpose
- Publication: 2026-05-05 · AA-Equipment Support Belux
- Filing: 2026-04-30 · AA-Equipment Support Belux
- Notarial deed: 2026-04-30 · AA-Equipment Support Belux
- Incorporation: 2026-04-30 · AA-Equipment Support Belux
- Founder · AA-Equipment Support Belux
- Founder · AA-Equipment Support Belux
- Purpose: Groot- en kleinhandel in elektronica apparaten, machines, computers, diagnose- en werkplaatsmateriaal. Realisatie en installatie van programma’s en gebruiksklare systemen: analyseren, ontwerpen, programmeren en eventueel uitgeven van gebruiksklare systemen. Groot- en kleinhandel en handelsbemiddeling in computers, randapparatuur en standaardprogramma's, hardware, software, elektrisch en elektronisch materiaal, inclusief installatiemateriaal. Analyseren, ontwerpen, programmeren en eventueel uitgeven van gebruiksklare systemen, incl. systemen van automatische data identificatie: ontwikkeling, pr
- Act object: OPRICHTING
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | VGL² Car Solutions |