VIRES
ActiveVIRES has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €76k and a net result of €11k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 79% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+10
Solvency96▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.95 against 3.77 in 2023; short-term debt: 29% and cash: 30.7% of total assets), and 29% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
90 d late
2022
123 d early
2021
41 d early
2020
115 d early
2019
85 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€76k▲ 16.3%
2023 · €65k
2018: €46k
2019: €50k
2020: €51k
2021: €61k
2022: €64k
2023: €65k
2018 → 2024
Total assets
€107k▲ 26.9%
2023 · €84k
2018: €70k
2019: €69k
2020: €69k
2021: €84k
2022: €92k
2023: €84k
2018 → 2024
Net result
€11k▲ 596%
2023 · €2k
2018: €1k
2019: €4k
2020: €1k
2021: €10k
2022: €2k
2023: €2k
2018 → 2024
Working capital
€60k▲ 14.8%
2023 · €52k
2018: €28k
2019: €41k
2020: €49k
2021: €55k
2022: €58k
2023: €52k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€51k-€61k▲ 19.5%€64k▲ 3.9%€65k▲ 2.4%€76k▲ 16.3%
Operating result€3k-€15k▲ 395%€4k▼ 70.2%€4k▼ 17.0%€19k▲ 423%
Net result€1k-€10k▲ 691%€2k▼ 76.2%€2k▼ 35.8%€11k▲ 596%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 423% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €107k
Fixed assets
€16k▲ 22.4%
Current assets
€91k▲ 27.7%
Equity and liabilities €107k
Equity
€76k▲ 16.3%
Debt
€31k▲ 63.6%
The debt ratio rises from 22.5% to 29.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▲
2023 · €6k
Cash flow
€14k▲
2023 · €3k
Solvency
71.0%▼
2023 · 77.5%
Current ratio
2.95▼
2023 · 3.77
Quick ratio
2.95▼
2023 · 3.77
Debt / equity
0.41▲
2023 · 0.29
ROE
14.0%▲
2023 · 2.3%
ROA
10.0%▲
2023 · 1.8%
Interest coverage
9.79▲
2023 · 9.15
Debt
€31k▲
2023 · €19k
Debt ≤ 1 year
€31k▲
2023 · €19k
Income taxes
€6k▲
2023 · €2k
Staff costs
€39k▲
2023 · €33k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€84k€107k▲
Fixed assets21/28€13k€16k▲
Tangible fixed assets22/27€13k€16k▲
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€2k€4k▲
Other tangible fixed assets26€6k€8k▲
Current assets29/58€71k€91k▲
Amounts receivable within one year40/41€62k€47k▼
Trade receivables40€54k€41k▼
Other amounts receivable41€8k€6k▼
Cash at bank and in hand54/58€3k€33k▲
Deferred charges and accrued income490/1€6k€11k▲
Equity and liabilities
Total equity and liabilities10/49€84k€107k▲
Equity10/15€65k€76k▲
Contributions10/11€19k€19k=
Reserves13€47k€57k▲
Distributable reserves133€47k€57k▲
Amounts payable17/49€19k€31k▲
Amounts payable within one year42/48€19k€31k▲
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Taxes, remuneration and social security45€8k€17k▲
Taxes450/3€4k€9k▲
Remuneration and social security454/9€4k€8k▲
Other amounts payable47/48€6k€6k=
Income statement
Code20232024
Remuneration, social security and pensions62€33k€39k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€569€1k▲
Gross operating margin9900€39k€63k▲
Operating profit (loss)9901€4k€19k▲
Financial charges65/66B€608€2k▲
Recurring financial charges65€608€2k▲
Profit (loss) for the period before taxes9903€3k€17k▲
Income taxes67/77€2k€6k▲
Profit (loss) for the period9904€2k€11k▲
Profit (loss) for the period to be appropriated9905€2k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€11k▲
Transfer to equity691/2€2k€11k▲
To other reserves6921€2k€11k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2018net €11k ▲596%
Operating result €19k, net result €11k, both a record.
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
11-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Aalst · 1 establishment unit since 2010
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.
Steenweg op Dendermonde 469308 AalstGround area
1,310 m²
Building footprint
149 m²
Volume, LiDAR
935 m³
Parcel 41029B0106/00R000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VIRES
since 20102.193.262.446
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41029B0106/00R000 | Flanders | 1,310 m² | 1 · 149 m² | 9.4 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.
Similar companies · same sector, comparable size
Immo Margaux
BE 0795.330.714
Wortegem-Petegem · Eq €76k
DE BISSCHOP INVEST
BE 0894.191.233
Haaltert · Eq €75k
RENT A HOME
BE 0726.726.869
Brussel · Eq €75k
IMMO SUNSET
BE 0454.759.853
Kortrijk · Eq €77k
Immobilière Graas - Brison
BE 0454.304.151
Ramillies · Eq €75k
Of 3,768 companies in sector 68321 we hold annual accounts for 1,391. 956 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-11-2010
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68321Property management for co-owned buildings (syndics)
33200Installation of industrial machinery and equipment
42919Civil engineering
43211General electrical installation work
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
52250Logistics services
52290Warehousing and support activities for transportation
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.