VH Projecten
ActiveVH Projecten has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69k and a net result of €17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 94% of 4477 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 8.05 against 7.82 in 2024; short-term debt: 11.3% and cash: 63.8% of total assets), and 11.3% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← 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
88.7%
Return on assets
21.5%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 €69k
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 03-07-2026, 28 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
28 d early
2024
7 d early
2023
30 d late
2022
31 d late
2021
31 d late
2020
1 d early
2019
5 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€69k▲ 32.0%
2024 · €52k
2018: €4k
2019: €16k
2020: €20k
2021: €15k
2022: €10k
2023: €9k
2024: €52k
2018 → 2025
Total assets
€78k▲ 31.6%
2024 · €59k
2018: €6k
2019: €27k
2020: €27k
2021: €27k
2022: €28k
2023: €28k
2024: €59k
2018 → 2025
Net result
€17k▼ 61.4%
2024 · €43k
2018: €-5k
2019: €13k
2020: €3k
2021: €-5k
2022: €-5k
2023: €-1k
2024: €43k
2018 → 2025
Working capital
€62k▲ 41.1%
2024 · €44k
2018: €4k
2019: €16k
2020: €9k
2021: €3k
2022: €803
2023: €1k
2024: €44k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€10k▼ 31.2%€9k▼ 12.3%€52k▲ 485%€69k▲ 32.0%
Operating result€-4k-€-3k▲ 20.8%€1k€61k▲ 4,191%€26k▼ 57.8%
Net result€-5k-€-5k▲ 3.1%€-1k▲ 72.9%€43k€17k▼ 61.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78k
Fixed assets
€7k▼ 20.2%
Current assets
€71k▲ 40.5%
Equity and liabilities €78k
Equity
€69k▲ 32.0%
Debt
€9k▲ 28.8%
The debt ratio falls from 11.6% to 11.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€28k▼
2024 · €63k
Cash flow
€18k▼
2024 · €45k
Solvency
88.7%▲
2024 · 88.4%
Current ratio
8.05▲
2024 · 7.82
Quick ratio
8.05▲
2024 · 7.82
Debt / equity
0.13▼
2024 · 0.13
ROE
24.2%▼
2024 · 82.9%
ROA
21.5%▼
2024 · 73.3%
Interest coverage
31.29▼
2024 · 246.38
Debt
€9k▲
2024 · €7k
Debt ≤ 1 year
€9k▲
2024 · €6k
Income taxes
€8k▼
2024 · €18k
Staff costs
€0▼
2024 · €157
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€78k▲
Fixed assets21/28€9k€7k▼
Tangible fixed assets22/27€9k€7k▼
Land and buildings22€6k€5k▼
Plant, machinery and equipment23€3k€2k▼
Current assets29/58€50k€71k▲
Amounts receivable within one year40/41€6k€20k▲
Trade receivables40€493€2k▲
Other amounts receivable41€5k€19k▲
Cash at bank and in hand54/58€3k€50k▲
Deferred charges and accrued income490/1€42k€854▼
Equity and liabilities
Total equity and liabilities10/49€59k€78k▲
Equity10/15€52k€69k▲
Contributions10/11€8k€8k=
Reserves13€44k€61k▲
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133€44k€59k▲
Profit (loss) carried forward14€-5€0▲
Amounts payable17/49€7k€9k▲
Amounts payable within one year42/48€6k€9k▲
Financial debts43-€0
Credit institutions430/8-€0
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Other amounts payable47/48€0€2k▲
Accrued charges and deferred income492/3€387€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€157€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€867€528▼
Gross operating margin9900€64k€28k▼
Operating profit (loss)9901€61k€26k▼
Financial income75/76B€2€8▲
Recurring financial income75€2€8▲
Financial charges65/66B€255€879▲
Recurring financial charges65€255€879▲
Profit (loss) for the period before taxes9903€61k€25k▼
Income taxes67/77€18k€8k▼
Profit (loss) for the period9904€43k€17k▼
Profit (loss) for the period to be appropriated9905€43k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€17k▼
Profit (loss) brought forward from the previous period14P€-11k€-5▲
Transfer to equity691/2€33k€17k▼
To other reserves6921€33k€17k▼
The notes to these accounts (7 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €43k
Net result €43k after 3 loss-making years.
31-12
Financial
Liquidity times 7current ratio 7.82
Current ratio from 1.08 to 7.82; short-term debt falls from €19k to €6k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-5k ▼243%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Geel · 1 establishment unit since 2018
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.
Binnenbroek 72440 GeelGround area
752 m²
Building footprint
129 m²
Volume, LiDAR
861 m³
Parcel 13375N1556/00H000, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VH Projecten
since 20182.272.405.043
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13375N1556/00H000 | Flanders | 752 m² | 1 · 129 m² | 12.2 m · 2 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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CKNI
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Of 21,218 companies in sector 81300 we hold annual accounts for 4,363. 3,645 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2018
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
68121Development of residential building projects
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.