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VGSpreps

Active
Private limited companyfounded 2023active for 3 yearsHemelrijken 16, 2890 Puurs-Sint-Amands, BelgiumKBO/BCE: BE 0801.294.432
Summary

The computed 12-month bankruptcy probability of VGSpreps is 4.4% (elevated). The 2024 annual accounts show negative equity (-€5,794) and a net result of -€5,774. Its solvency ranks better than 15% of 15,490 sector peers (NACE 46, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Wholesale of other food products
NACE 46389
1 site
Size
€24,755total assets 2024
Equity
-€5,794
Loss
-€5,774
Turnover not published (micro format)
Financial health
36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.4%
Structure
Accounts 73 days overdue0 of 1 deed read
Why 36raises riskFigures for financial year 2024 (filed 31-07-2025)Founded in 20231 financial year not filed after the legal deadlinelowers riskSize: total assets €24,755Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 19% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Weak
Solvency 2-23
equity -23.4% of total assets
Liquidity 54-16
short-term debt 0.2% · cash 3.0%
Profitability 0=
return on assets -23.3%
Bankruptcy probability, 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,873 companies, NACE 46, micro)
Last 24 months 11-2024: 1.4%lowest value 12-2024: 1.5%▲ +0.1 percentage points vs 11-2024 01-2025: 1.4%▼ -0.1 percentage points vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.5%▲ +0.1 percentage points vs 02-2025 04-2025: 1.7%▲ +0.2 percentage points vs 03-2025 05-2025: 1.7%● unchanged vs 04-2025 06-2025: 1.7%● unchanged vs 05-2025 07-2025: 1.8%▲ +0.1 percentage points vs 06-2025 08-2025: 2.4%▲ +0.6 percentage points vs 07-2025 09-2025: 2.4%● unchanged vs 08-2025 10-2025: 2.4%● unchanged vs 09-2025 11-2025: 2.3%▼ -0.1 percentage points vs 10-2025 12-2025: 2.2%▼ -0.1 percentage points vs 11-2025 01-2026: 2.0%▼ -0.2 percentage points vs 12-2025 02-2026: 2.0%● unchanged vs 01-2026 03-2026: 2.1%▲ +0.1 percentage points vs 02-2026 04-2026: 2.1%● unchanged vs 03-2026 05-2026: 2.2%▲ +0.1 percentage points vs 04-2026 06-2026: 2.2%● unchanged vs 05-2026 07-2026: 2.3%▲ +0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +0.5 percentage points vs 07-2026 09-2026: 3.1%▲ +0.3 percentage points vs 08-2026 10-2026: 4.4%▲ +1.3 percentage points vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 59.73, compared with 6.57 in 2023; short-term debt: 0.2% and cash: 3% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 12% on solvency, 59% on liquidity, 6% on profitability and 1% on growth.

The bankruptcy probability was computed on 11-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 31-07-2025)
NBB · annual accounts
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline
NBB · filings
lowers risk · Size: total assets €24,755
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2324
2023 to 2024 · latest year -€5,794
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 73 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline12-10-2026 today
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 31-07-2025, 0 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
on the day
2023
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 1 day before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Liquidity more than 9 timescurrent ratio 59.73
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€5,794 View
  • Caution: Among the weakest 15% on solvencysector median 39.3% · 15,490 companies -23.4% View
  • Caution: Accounts not fileddeadline was 31-07-2026 73 days late View

By topic

Financials

Financial year
2024
Total assets
€24,755
Loss
-€5,774
Solvency
-23.4%
Total assets▼ 3.5%
Net result
20232024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of other food productsNACE 46389
Founded
28-04-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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