VHN IMMO
ActiveSummary
VHN IMMO has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€15,158) and a net result of -€40,158. Its solvency ranks better than 18% of 14173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes
Profitability10
Solvency22
Growth-
Track record67
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.21; short-term debt: 19% and cash: 1% of total assets), and equity is negative.
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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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-2.7%
Return on assets
-7.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
25 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
-€15,158
Total assets
€558,349
Net result
-€40,158
Working capital
-€84,367
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €558,349
Fixed assets
€536,482
Current assets
€21,867
Key figures and ratios
EBITDA
-€10,320
Cash flow
-€23,474
Solvency
-2.7%
Current ratio
0.21
Debt to equity
-37.84
ROA
-7.2%
Interest coverage
-0.78
Debt
€573,507
Debt ≤ 1 year
€106,233
Debt > 1 year
€467,251
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,684 |
| Gross operating margin9900 | -€10,320 |
| Operating profit (loss)9901 | -€27,004 |
| Financial charges65/66B | €13,154 |
| Recurring financial charges65 | €13,154 |
| Profit (loss) for the period before taxes9903 | -€40,158 |
| Profit (loss) for the period9904 | -€40,158 |
| Profit (loss) for the period to be appropriated9905 | -€40,158 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €558,349 | |
| Fixed assets21/28 | €536,482 | |
| Tangible fixed assets22/27 | €536,482 | |
| Land and buildings22 | €214,123 | |
| Plant, machinery and equipment23 | €322,359 | |
| Current assets29/58 | €21,867 | |
| Amounts receivable within one year40/41 | €16,448 | |
| Other amounts receivable41 | €16,448 | |
| Cash at bank and in hand54/58 | €5,419 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €558,349 | |
| Equity10/15 | -€15,158 | |
| Contributions10/11 | €25,000 | |
| Profit (loss) carried forward14 | -€40,158 | |
| Amounts payable17/49 | €573,507 | |
| Amounts payable after more than one year17 | €467,251 | |
| Financial debts170/4 | €467,251 | |
| Amounts payable within one year42/48 | €106,233 | |
| Current portion of amounts payable after more than one year42 | €25,749 | |
| Financial debts43 | €40,000 | |
| Credit institutions430/8 | €40,000 | |
| Other amounts payable47/48 | €40,484 | |
| Accrued charges and deferred income492/3 | €23 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€40,158 |
| + Depreciation and write-downs630 | €16,684 |
| Operating cash flow (approximation) | -€23,474 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Mont-Saint-Guibert · 1 establishment unit since 2024
Ground area
997 m²
Building footprint
96 m²
Volume, LiDAR
487 m³
Parcel 25068B0069/00L000, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VHN IMMO
since 20242.367.866.109
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25068B0069/00L000 | Wallonia | 997 m² | 1 · 96 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 and region
"WPC REIT VM II (BE)"
BE 0423.318.688
Mont-Saint-Guibert
AXIS GATE
BE 0578.862.643
Mont-Saint-Guibert
Axis Real Estate
BE 0681.774.594
Mont-Saint-Guibert
CASAVAN
BE 0812.268.793
Mont-Saint-Guibert
Coopérative du Colombier
BE 1010.059.911
Mont-Saint-Guibert
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 12,041 companies in sector 68203 we hold annual accounts for 5,994. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.