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VIRGA PROCESSING

Active
Private limited company (pre-2019)founded 1982active for 44 yearsAlbert-Elisabethlaan 30, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0423.079.554
Summary

The computed 12-month bankruptcy probability of VIRGA PROCESSING is 6.0% (elevated). For VIRGA PROCESSING, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €1,700 and a net result of -€64. Equity remains stable across the filed financial years (±2.4% per year). The company has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 27 October 2026.

Equity
€1,700▼ 3.6%
2022 · €1,763
Total assets
€7,527=
2022 · €7,527
Net result
-€64▼ 11.6%
2022 · -€57
Working capital
-€3,781▼ 1.7%
2022 · -€3,717
Trend over the years

2019 to 2023, 5 financial years 2018 to 2023, 6 financial years

The operating result stays negative: a loss of €64 in 2023 against €57 in 2022; the loss grows and 2023 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€64 2023 Net result-€64 2023

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020202120222023
Operating result-€53--€54▼ 2.5%-€55▼ 0.6%-€57-€64▼ 11.6%
Net result-€53--€54▼ 2.5%-€55▼ 0.6%-€57-€64▼ 11.6%
Equity€1,929-€1,875▼ 2.8%€1,820▼ 2.9%€1,820=€1,763▼ 3.1%€1,700▼ 3.6%
Total assets€7,527-€7,527=€7,527=€7,527=€7,527=€7,527=
Debt€5,598-€5,652▲ 1.0%€5,707▲ 1.0%€5,707=€5,764▲ 1.0%€5,828▲ 1.1%
Working capital-€3,552--€3,606▼ 1.5%-€3,660▼ 1.5%-€3,660=-€3,717▼ 1.6%-€3,781▼ 1.7%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €7,527
Fixed assets €5,481 =
Current assets €2,046 =
Equity and liabilities €7,527
Equity €1,700 ▼ 3.6%
Debt €5,828 ▲ 1.1%
Debt's share of the balance-sheet total rises from 76.6% to 77.4%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
Current ratio
0.35▼
2022 · 0.36
Debt to equity
3.43▲
2022 · 3.27
ROE
-3.7%▼
2022 · -3.2%
ROA
-0.8%▼
2022 · -0.8%
Debt ≤ 1 year
€5,828▲
2022 · €5,764
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 27 lines
Balance sheet Code20222023
Assets
Total assets20/58€7,527€7,527=
Fixed assets21/28€5,481€5,481=
Tangible fixed assets22/27€5,481€5,481=
Furniture and vehicles24€5,481€5,481=
Current assets29/58€2,046€2,046=
Amounts receivable within one year40/41€2,046€2,046=
Trade receivables40€2,046€2,046=
Equity and liabilities
Total equity and liabilities10/49€7,527€7,527=
Equity10/15€1,763€1,700▼
Contributions10/11€8,676€8,676=
Reserves13€13,051€13,051=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Distributable reserves133€11,192€11,192=
Profit (loss) carried forward14-€19,964-€20,027▼
Amounts payable17/49€5,764€5,828▲
Amounts payable within one year42/48€5,764€5,828▲
Trade debts44€2,119€2,119=
Suppliers440/4€2,119€2,119=
Other amounts payable47/48€3,645€3,709▲
Income statement Code20222023
Other operating charges640/8€57€64▲
Operating profit (loss)9901-€57-€64▼
Profit (loss) for the period before taxes9903-€57-€64▼
Profit (loss) for the period9904-€57-€64▼
Profit (loss) for the period to be appropriated9905-€57-€64▼
Appropriation of the result
Profit (loss) to be appropriated9906-€19,964-€20,027▼
Profit (loss) brought forward from the previous period14P-€19,907-€19,964▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192020202120222023Change
Other operating charges640/8----€57€64▲ 11.6%
Operating profit (loss)9901-€53-€54-€55--€57-€64▼ 11.6%
Profit (loss) for the period before taxes9903-€53-€54-€55--€57-€64▼ 11.6%
Profit (loss) for the period9904-€53-€54-€55--€57-€64▼ 11.6%
Profit (loss) for the period to be appropriated9905-€53-€54-€55--€57-€64▼ 11.6%
Line201820192020202120222023Change
Assets
Total assets20/58€7,527€7,527€7,527€7,527€7,527€7,527=
Fixed assets21/28€5,481€5,481€5,481€5,481€5,481€5,481=
Tangible fixed assets22/27€5,481€5,481€5,481€5,481€5,481€5,481=
Furniture and vehicles24---€5,481€5,481€5,481=
Current assets29/58€2,046€2,046€2,046€2,046€2,046€2,046=
Amounts receivable within one year40/41€2,046€2,046€2,046€2,046€2,046€2,046=
Trade receivables40---€2,046€2,046€2,046=
Equity and liabilities
Total equity and liabilities10/49€7,527€7,527€7,527€7,527€7,527€7,527=
Equity10/15€1,929€1,875€1,820€1,820€1,763€1,700▼ 3.6%
Contributions10/11€8,676€8,676-€8,676€8,676€8,676=
Reserves13€13,051€13,051€13,051€13,051€13,051€13,051=
Non-distributable reserves130/1---€1,859€1,859€1,859=
Reserves not available under the articles1311---€1,859€1,859€1,859=
Distributable reserves133---€11,192€11,192€11,192=
Profit (loss) carried forward14-€19,798-€19,852-€19,907-€19,907-€19,964-€20,027▼ 0.3%
Amounts payable17/49€5,598€5,652€5,707€5,707€5,764€5,828▲ 1.1%
Amounts payable within one year42/48€5,598€5,652€5,707€5,707€5,764€5,828▲ 1.1%
Trade debts44€2,119€2,119€2,119€2,119€2,119€2,119=
Suppliers440/4---€2,119€2,119€2,119=
Other amounts payable47/48---€3,588€3,645€3,709▲ 1.7%
Line201820192020202120222023Change
Profit (loss) for the period9904-€53-€54-€55--€57-€64▼ 11.6%
Operating cash flow (approximation)-€53-€54-€55--€57-€64▼ 11.6%
Investment in fixed assets (approximation)-€0€0€0€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 41 filings with the National Bank
Financial year Type Filed Reference
31-12-2023 micro format 22-07-2024 2024-00271919
31-12-2022 micro format 10-07-2023 2023-00231772
31-12-2021 micro format 27-07-2022 2022-20229757
31-12-2020 micro format 03-08-2021 2021-45700253
31-12-2019 micro format 31-07-2020 2020-37700032
31-12-2018 micro format 08-08-2019 2019-44900449
31-12-2017 micro format 31-08-2018 2018-57200531
31-12-2016 micro format 26-09-2017 2017-63800476
31-12-2015 full format 25-07-2016 2016-36900595
31-12-2014 full format 20-07-2015 2015-34200220

Show all 41 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.