VHEC
ActiveVHEC has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €90k and a net result of €49k. Equity is growing by ~35.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▼-6
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 10.87 against 19.83 in 2024; short-term debt: 9% and cash: 53.1% of total assets), and 21.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
78.3%
Return on assets
42.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
1 d late
2022
116 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€90k▼ 15.2%
2024 · €106k
2022: €30k
2023: €65k
2024: €106k
2022 → 2025
Total assets
€114k▼ 9.4%
2024 · €126k
2022: €42k
2023: €100k
2024: €126k
2022 → 2025
Net result
€49k▲ 18.2%
2024 · €41k
2022: €25k
2023: €36k
2024: €41k
2022 → 2025
Working capital
€102k▼ 13.5%
2024 · €118k
2022: €16k
2023: €65k
2024: €118k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€30k-€65k▲ 116%€106k▲ 62.4%€90k▼ 15.2%
Operating result€33k-€55k▲ 69.0%€67k▲ 21.3%€91k▲ 35.5%
Net result€25k-€36k▲ 41.9%€41k▲ 16.1%€49k▲ 18.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 36% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114k
Fixed assets
€2k▼ 4.6%
Current assets
€113k▼ 9.5%
Equity and liabilities €114k
Equity
€90k▼ 15.2%
Provisions
€15k=
Debt
€10k▲ 65.0%
The debt ratio rises from 5.0% to 9.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€91k▲
2024 · €73k
Cash flow
€50k▲
2024 · €48k
Solvency
78.3%▼
2024 · 83.5%
Current ratio
10.87▼
2024 · 19.83
Quick ratio
10.87▼
2024 · 19.83
Debt / equity
0.12▲
2024 · 0.06
ROE
54.7%▲
2024 · 39.2%
ROA
42.8%▲
2024 · 32.8%
Interest coverage
5.28▼
2024 · 6.55
Debt
€10k▲
2024 · €6k
Debt ≤ 1 year
€10k▲
2024 · €6k
Income taxes
€25k▲
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€126k€114k▼
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€124k€113k▼
Amounts receivable within one year40/41€42k€50k▲
Trade receivables40€24k€33k▲
Other amounts receivable41€19k€17k▼
Cash at bank and in hand54/58€81k€61k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€126k€114k▼
Equity10/15€106k€90k▼
Contributions10/11€5k€5k=
Reserves13€35k€84k▲
Distributable reserves133€35k€84k▲
Profit (loss) carried forward14€66k€628▼
Provisions and deferred taxes16€15k€15k=
Provisions for liabilities and charges160/5€15k€15k=
Other liabilities and charges164/5€15k€15k=
Amounts payable17/49€6k€10k▲
Amounts payable within one year42/48€6k€10k▲
Trade debts44€922€103▼
Suppliers440/4€922€103▼
Taxes, remuneration and social security45€5k€10k▲
Taxes450/3€5k€10k▲
Other amounts payable47/48€666-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€642▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€7k€2▼
Other operating charges640/8€100€387▲
Gross operating margin9900€80k€92k▲
Operating profit (loss)9901€67k€91k▲
Financial income75/76B-€707
Recurring financial income75-€707
Financial charges65/66B€11k€17k▲
Recurring financial charges65€11k€17k▲
Profit (loss) for the period before taxes9903€56k€74k▲
Income taxes67/77€14k€25k▲
Profit (loss) for the period9904€41k€49k▲
Profit (loss) for the period to be appropriated9905€41k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€66k€115k▲
Profit (loss) brought forward from the previous period14P€25k€66k▲
Transfer to equity691/2-€49k
To other reserves6921-€49k
Profit to be distributed694/7€833€65k▲
Return on contributions (dividend)694€833€65k▲
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2022net €49k ▲18.2%
Operating result €91k, net result €49k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity times 6current ratio 19.83
Current ratio from 3.36 to 19.83; short-term debt falls from €27k to €6k.
30-06
Financial
Equity above €100kEq €106k ▲62.4%
3 profitable years in a row build equity to €106k.
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2022
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tervuren · 1 establishment unit since 2021
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.
Zuerbergstraat 313080 TervurenGround area
1,533 m²
Building footprint
218 m²
Volume, LiDAR
1,243 m³
Parcel 24023A0128/00K002, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VHEC
since 20212.323.099.520
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24023A0128/00K002 | Flanders | 1,533 m² | 1 · 218 m² | 9.1 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.
Recognitions · licences · registrations
Legal Entity Identifier
9845003D7VS875CFA491
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 40,430 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-10-2021
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
43211General electrical installation work
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.