VH&C
ActiveVH&C has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 9380 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent▲ +22 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency45▲+27
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 0.99 in 2024), and 73.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
26.2%
Return on assets
16.8%
Age of the figures
8 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
31 d early
2023
on the day
2022
10 d late
2021
4 d late
2020
1 d early
2019
31 d early
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k▲ 178%
2024 · €6k
2018: €-9k
2019: €-3k
2020: €-19k
2021: €-12k
2022: €-10k
2023: €-6k
2024: €6k
2018 → 2025
Total assets
€69k▲ 16.9%
2024 · €59k
2018: €29k
2019: €45k
2020: €36k
2021: €45k
2022: €61k
2023: €62k
2024: €59k
2018 → 2025
Net result
€12k▼ 6.8%
2024 · €12k
2018: €-12k
2019: €6k
2020: €-16k
2021: €7k
2022: €2k
2023: €4k
2024: €12k
2018 → 2025
Working capital
€11k
2024 · €-679
2018: €-12k
2019: €-6k
2020: €-21k
2021: €-17k
2022: €-15k
2023: €-9k
2024: €-679
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-12k-€-10k▲ 14.4%€-6k▲ 41.2%€6k€18k▲ 178%
Operating result€11k-€5k▼ 54.5%€7k▲ 46.2%€19k▲ 155%€19k▲ 0.7%
Net result€7k-€2k▼ 76.6%€4k▲ 145%€12k▲ 200%€12k▼ 6.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €69k
Fixed assets
€8k▼ 29.6%
Current assets
€60k▲ 28.7%
Equity and liabilities €69k
Equity
€18k▲ 178%
Debt
€51k▼ 3.1%
The debt ratio falls from 89.0% to 73.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€23k▲
2024 · €22k
Cash flow
€15k▼
2024 · €16k
Solvency
26.2%▲
2024 · 11.0%
Current ratio
1.22▲
2024 · 0.99
Quick ratio
1.22▲
2024 · 0.99
Debt / equity
2.81▼
2024 · 8.06
ROE
64.0%▼
2024 · 190.7%
ROA
16.8%▼
2024 · 21.1%
Interest coverage
28.32▲
2024 · 16.52
Debt
€51k▼
2024 · €52k
Debt ≤ 1 year
€49k▲
2024 · €48k
Debt > 1 year
€896▼
2024 · €4k
Income taxes
€7k▲
2024 · €5k
Staff costs
€55k▲
2024 · €48k
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€59k€69k▲
Fixed assets21/28€12k€8k▼
Tangible fixed assets22/27€11k€7k▼
Plant, machinery and equipment23€11k€7k▼
Financial fixed assets28€1k€1k=
Current assets29/58€47k€60k▲
Amounts receivable within one year40/41€43k€50k▲
Trade receivables40€39k€48k▲
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€4k€7k▲
Deferred charges and accrued income490/1€389€3k▲
Equity and liabilities
Total equity and liabilities10/49€59k€69k▲
Equity10/15€6k€18k▲
Contributions10/11€6k€6k=
Reserves13€294€12k▲
Distributable reserves133€294€12k▲
Profit (loss) carried forward14€-5€0▲
Amounts payable17/49€52k€51k▼
Amounts payable after more than one year17€4k€896▼
Financial debts170/4€4k€896▼
Amounts payable within one year42/48€48k€49k▲
Current portion of amounts payable after more than one year42€6k€3k▼
Trade debts44€30k€27k▼
Suppliers440/4€30k€27k▼
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€11k€13k▲
Taxes450/3€6k€7k▲
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€121€1k▲
Accrued charges and deferred income492/3€1k€525▼
Income statement
Code20242025
Remuneration, social security and pensions62€48k€55k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€118€1k▲
Gross operating margin9900€70k€79k▲
Operating profit (loss)9901€19k€19k▲
Financial income75/76B-€48
Recurring financial income75-€48
Financial charges65/66B€1k€801▼
Recurring financial charges65€1k€801▼
Profit (loss) for the period before taxes9903€18k€18k▲
Income taxes67/77€5k€7k▲
Profit (loss) for the period9904€12k€12k▼
Profit (loss) for the period to be appropriated9905€12k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5€12k▲
Profit (loss) brought forward from the previous period14P€-12k€-5▲
Transfer to equity691/2-€12k
To other reserves6921-€12k
The notes to these accounts (9 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €12k ▲200%
Net result €12k, the highest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-16k ▼353%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Mortsel · 1 establishment unit since 2016
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.
Guido Gezellelaan 1102640 MortselGround area
296 m²
Building footprint
96 m²
Volume, LiDAR
808 m³
Parcel 11029A0123/00A002, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VH&C BVBA
since 20162.250.909.051
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11029A0123/00A002 | Flanders | 296 m² | 1 · 96 m² | 11.8 m · 3 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.
Similar companies · same sector, comparable size
SMALL AVENUE
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B-Smart Estate
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ACOUNA
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Elsene · Eq €18k
Of 1,527 companies in sector 68322 we hold annual accounts for 738. 404 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-02-2016
Fiscal year end31-12
Activities, NACEBEL
68322Real estate appraisal on a fee or contract basis
71122Land surveying
71121Engineering and related technical consultancy, excluding land surveyors
74109Other professional, scientific and technical activities
74140Other specialised design activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.