VGRT
ActiveVGRT has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 57% of 4559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+1
Solvency61▲+18
Growth85=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.5 in 2024; short-term debt: 48% and cash: 27.3% of total assets), and 64% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
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
36%
Return on assets
13.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €24k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
4 d late
2023
13 d late
2022
9 d late
2021
11 d late
2020
30 d late
2019
72 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€79k▲ 26.1%
2022 · €62k
2022: €62k
2022 → 2023
EBIT margin
17.4%▲ 14.7pp
2022 · 2.7%
2022: 2.7%
2022 → 2023
Net result
€9k▼ 13.5%
2024 · €10k
2018: €-4k
2019: €-6k
2020: €-3k
2021: €-4k
2022: €820
2023: €12k
2024: €10k
2018 → 2025
Working capital
€-7k▲ 75.4%
2024 · €-27k
2018: €748
2019: €-62k
2020: €-48k
2021: €-58k
2022: €-68k
2023: €-47k
2024: €-27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€62k€79k▲ 26.1%
Equity€-8k-€-7k▲ 9.9%€5k€15k▲ 208%€24k▲ 58.4%
Operating result€-4k-€2k€14k▲ 704%€13k▼ 7.1%€11k▼ 10.0%
Net result€-4k-€820€12k▲ 1,400%€10k▼ 18.1%€9k▼ 13.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66k
Fixed assets
€41k▼ 27.2%
Current assets
€25k▼ 7.4%
Equity and liabilities €66k
Equity
€24k▲ 58.4%
Debt
€42k▼ 38.1%
The debt ratio falls from 82.0% to 64.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▼
2024 · €27k
Cash flow
€24k▼
2024 · €25k
Solvency
36.0%▲
2024 · 18.0%
Current ratio
0.79▲
2024 · 0.50
Quick ratio
0.79▲
2024 · 0.50
Debt / equity
1.78▼
2024 · 4.56
ROE
36.9%▼
2024 · 67.5%
ROA
13.3%▲
2024 · 12.2%
Interest coverage
9.58▼
2024 · 10.22
Debt
€42k▼
2024 · €68k
Debt ≤ 1 year
€32k▼
2024 · €53k
Debt > 1 year
€11k▼
2024 · €14k
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€83k€66k▼
Fixed assets21/28€56k€41k▼
Tangible fixed assets22/27€56k€41k▼
Plant, machinery and equipment23€56k€41k▼
Current assets29/58€27k€25k▼
Amounts receivable after more than one year29€3k€5k▲
Trade receivables290€3k€5k▲
Stocks and contracts in progress3€261€170▼
Stocks30/36€261€170▼
Amounts receivable within one year40/41€2k€2k▼
Trade receivables40€2k€2k▼
Cash at bank and in hand54/58€22k€18k▼
Equity and liabilities
Total equity and liabilities10/49€83k€66k▼
Equity10/15€15k€24k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-6k€3k▲
Amounts payable17/49€68k€42k▼
Amounts payable after more than one year17€14k€11k▼
Financial debts170/4€14k€11k▼
Amounts payable within one year42/48€53k€32k▼
Current portion of amounts payable after more than one year42€4k€4k▼
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€15k€4k▼
Taxes450/3€15k€4k▼
Other amounts payable47/48€33k€19k▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€82k€96k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▲
Other operating charges640/8€5k€7k▲
Gross operating margin9900€33k€34k▲
Operating profit (loss)9901€13k€11k▼
Financial income75/76B€21€36▲
Recurring financial income75€21€36▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€10k€9k▼
Profit (loss) for the period9904€10k€9k▼
Profit (loss) for the period to be appropriated9905€10k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€3k▲
Profit (loss) brought forward from the previous period14P€-16k€-6k▲
The notes to these accounts (5 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-12
Financial
Highest result since 2018net €12k ▲1400%
Operating result €14k, net result €12k, both a record.
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
31-12
Financial
Back to profitnet €820
Net result €820 after 4 loss-making years.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
11-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 72 days late
2019
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Vorst · 1 establishment unit since 1994
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.
O. Van Goidtsnovenlaan 82-841190 VorstGround area
229 m²
Building footprint
205 m²
Volume, LiDAR
2,642 m³
Parcel 21383B0031/00B006, Brussels · tallest building 20.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
O. Van Goidtsnovenlaan 84, 1190 Vorst
since 19942.067.000.714
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0031/00B006 | Brussels | 229 m² | 1 · 205 m² | 20.8 m · 6 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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Of 1,001 companies in sector 96102 we hold annual accounts for 460. 336 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-1993
Fiscal year end31-12
Activities, NACEBEL
93012
96102Launderettes and laundries for private customers
93011
96101Personal service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.