VIRTUAL LAB
ActiveSummary
VIRTUAL LAB has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €124,454 and a net result of €3,706. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 25% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability55▼-17
Solvency51▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.9 in 2024; short-term debt: 19.3% and cash: 18.6% of total assets), and 73.8% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
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
26.2%
Return on assets
0.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 17123 sector peers (2025).
NBB · sector comparisonPosition among 17123 sector peers
Solvency
better than 25%
← weakest
strongest →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
28 d early
2023
61 d late
2022
31 d late
2021
26 d late
2020
20 d late
2019
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3,706▼ 74.8%
2024 · €14,688
Working capital
€27,961▼ 52.0%
2024 · €58,280
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€25,756▼ 3.0%€29,730▲ 15.4%€11,084▼ 62.7%€31,844▲ 187%€19,632▼ 38.4%
Net result€12,541▼ 21.1%€16,140▲ 28.7%-€446€14,688€3,706▼ 74.8%
Equity€116,800▲ 11.2%€132,140▲ 13.1%€130,893▼ 0.9%€144,748▲ 10.6%€124,454▼ 14.0%
Total assets€328,783▼ 1.6%€328,387▼ 0.1%€405,161▲ 23.4%€490,641▲ 21.1%€474,406▼ 3.3%
Debt€211,983▼ 7.4%€196,247▼ 7.4%€274,268▲ 39.8%€345,893▲ 26.1%€349,952▲ 1.2%
Working capital€49,031▲ 45.0%€63,714▲ 29.9%€44,512▼ 30.1%€58,280▲ 30.9%€27,961▼ 52.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €474,406
Fixed assets
€354,881 ▼ 3.5%
Current assets
€119,525 ▼ 2.6%
Equity and liabilities €474,406
Equity
€124,454 ▼ 14.0%
Debt
€349,952 ▲ 1.2%
Debt's share of the balance-sheet total rises from 70.5% to 73.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€54,667▼
2024 · €57,147
Cash flow
€38,741▼
2024 · €39,990
Current ratio
1.31▼
2024 · 1.90
Debt to equity
2.81▲
2024 · 2.39
ROE
3.0%▼
2024 · 10.1%
ROA
0.8%▼
2024 · 3.0%
Interest coverage
4.21▼
2024 · 6.12
Debt ≤ 1 year
€91,563▲
2024 · €64,497
Debt > 1 year
€257,589▼
2024 · €280,597
Income taxes
€3,321▼
2024 · €7,981
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,469 | €17,808 | €41,064 | €25,303 | €35,035 | ▲ 38.5% |
| Other operating charges640/8 | €1,576 | €1,606 | €3,000 | €2,498 | €3,592 | ▲ 43.8% |
| Gross operating margin9900 | €44,801 | €49,144 | €55,148 | €59,645 | €58,259 | ▼ 2.3% |
| Operating profit (loss)9901 | €25,756 | €29,730 | €11,084 | €31,844 | €19,632 | ▼ 38.4% |
| Financial income75/76B | €14 | €4 | €51 | €166 | €389 | ▲ 135% |
| Recurring financial income75 | €14 | €4 | €51 | €166 | €389 | ▲ 135% |
| Financial charges65/66B | €6,031 | €5,813 | €8,926 | €9,341 | €12,995 | ▲ 39.1% |
| Recurring financial charges65 | €6,031 | €5,813 | €8,926 | €9,341 | €12,995 | ▲ 39.1% |
| Profit (loss) for the period before taxes9903 | €19,740 | €23,921 | €2,209 | €22,669 | €7,026 | ▼ 69.0% |
| Income taxes67/77 | €7,199 | €7,782 | €2,655 | €7,981 | €3,321 | ▼ 58.4% |
| Profit (loss) for the period9904 | €12,541 | €16,140 | -€446 | €14,688 | €3,706 | ▼ 74.8% |
| Profit (loss) for the period to be appropriated9905 | €12,541 | €16,140 | -€446 | €14,688 | €3,706 | ▼ 74.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €328,783 | €328,387 | €405,161 | €490,641 | €474,406 | ▼ 3.3% |
| Fixed assets21/28 | €222,814 | €209,046 | €308,159 | €367,865 | €354,881 | ▼ 3.5% |
| Tangible fixed assets22/27 | €222,814 | €209,046 | €308,074 | €367,780 | €354,796 | ▼ 3.5% |
| Land and buildings22 | €220,484 | €207,417 | €306,339 | €366,501 | €354,357 | ▼ 3.3% |
| Furniture and vehicles24 | €2,329 | €1,629 | €1,735 | €1,279 | €439 | ▼ 65.7% |
| Financial fixed assets28 | - | - | €85 | €85 | €85 | = |
| Current assets29/58 | €105,969 | €119,341 | €97,003 | €122,776 | €119,525 | ▼ 2.6% |
| Amounts receivable within one year40/41 | €25,882 | €33,211 | €33,727 | €34,934 | €29,403 | ▼ 15.8% |
| Trade receivables40 | €25,882 | €33,211 | €32,682 | €33,889 | €28,771 | ▼ 15.1% |
| Other amounts receivable41 | - | - | €1,045 | €1,045 | €632 | ▼ 39.5% |
| Cash at bank and in hand54/58 | €78,639 | €85,277 | €61,800 | €86,395 | €88,153 | ▲ 2.0% |
| Deferred charges and accrued income490/1 | €1,448 | €853 | €1,476 | €1,447 | €1,968 | ▲ 36.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €328,783 | €328,387 | €405,161 | €490,641 | €474,406 | ▼ 3.3% |
| Equity10/15 | €116,800 | €132,140 | €130,893 | €144,748 | €124,454 | ▼ 14.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €9,860 | €25,860 | €25,860 | €39,860 | €19,560 | ▼ 50.9% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €8,000 | €24,000 | €25,860 | €39,860 | €19,560 | ▼ 50.9% |
| Profit (loss) carried forward14 | €88,340 | €87,680 | €86,433 | €86,288 | €86,294 | = |
| Amounts payable17/49 | €211,983 | €196,247 | €274,268 | €345,893 | €349,952 | ▲ 1.2% |
| Amounts payable after more than one year17 | €154,145 | €140,618 | €221,777 | €280,597 | €257,589 | ▼ 8.2% |
| Financial debts170/4 | €154,145 | €140,618 | €221,777 | €278,197 | €250,764 | ▼ 9.9% |
| Other amounts payable178/9 | - | - | - | €2,400 | €6,825 | ▲ 184% |
| Amounts payable within one year42/48 | €56,938 | €55,627 | €52,491 | €64,497 | €91,563 | ▲ 42.0% |
| Current portion of amounts payable after more than one year42 | €13,276 | €16,785 | €20,157 | €27,779 | €28,558 | ▲ 2.8% |
| Trade debts44 | €6,831 | €8,375 | €10,903 | €14,179 | €19,216 | ▲ 35.5% |
| Suppliers440/4 | €6,831 | €8,375 | €10,903 | €14,179 | €19,216 | ▲ 35.5% |
| Taxes, remuneration and social security45 | €20,647 | €16,308 | €10,366 | €15,518 | €17,217 | ▲ 10.9% |
| Taxes450/3 | €20,647 | €16,308 | €10,366 | €13,494 | €15,217 | ▲ 12.8% |
| Remuneration and social security454/9 | - | - | - | €2,024 | €2,000 | ▼ 1.2% |
| Other amounts payable47/48 | €16,184 | €14,159 | €11,064 | €7,020 | €26,573 | ▲ 279% |
| Accrued charges and deferred income492/3 | €900 | €2 | - | €800 | €800 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,541 | €16,140 | -€446 | €14,688 | €3,706 | ▼ 74.8% |
| + Depreciation and write-downs630 | €17,469 | €17,808 | €41,064 | €25,303 | €35,035 | ▲ 38.5% |
| Operating cash flow (approximation) | €30,010 | €33,947 | €40,618 | €39,990 | €38,741 | ▼ 3.1% |
| Investment in fixed assets (approximation) | - | -€4,040 | -€140,177 | -€85,009 | -€22,051 | ▲ 74.1% |
| Change in cash | - | €6,637 | -€23,477 | €24,596 | €1,758 | ▼ 92.9% |
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
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €14,688
Net result €14,688 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €16,140 ▲28.7%
Net result €16,140, the highest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 20 days late
2020
31-12
Financial
Equity above €100,000Eq €105,059 ▲16.8%
2 profitable years in a row build equity to €105,059.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €6,529
Net result €6,529 after one loss-making year.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 2 days late
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Genappe · 1 establishment unit since 2003
Ground area
3,062 m²
Building footprint
456 m²
Volume, LiDAR
5,675 m³
Parcel 25059C0121/00E004, Wallonia · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
VIRTUAL LAB
since 20032.132.064.453
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25059C0121/00E004 | Wallonia | 3,062 m² | 1 · 456 m² | 13.9 m · 4 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, comparable size
Gert Smet Consulting
BE 0892.714.952
Beveren-Kruibeke-Zwijndrecht · Eq €124,442
METACORTEX
BE 0783.691.803
Wingene · Eq €124,473
CSNI
BE 0741.378.027
Juprelle · Eq €124,494
22T
BE 0770.967.084
Mol · Eq €124,412
ITim Solutions
BE 0792.920.065
Laakdal · Eq €124,496
Of 30,007 companies in sector 62200 we hold annual accounts for 18,394. 15,463 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-05-2003
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.