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Virtual Ownership

Active
Private limited companyfounded 2024active for 2 yearsSchriekkouterbaan 18, 1860 Meise, BelgiumKBO/BCE: BE 1005.429.348
Summary

Virtual Ownership has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106,109 and a net result of -€5,691. Its solvency ranks better than 94% of 20,550 sector peers (NACE 62, financial year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2024, micro format

Equity
€106,109
Total assets
€112,130
Net result
-€5,691
Working capital
€106,109

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Equity and liabilities €112,130
Equity €106,109
Debt €6,020
Debt finances 5.4% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
18.63
Debt to equity
0.06
ROE
-5.4%
ROA
-5.1%
Debt ≤ 1 year
€6,020
Income taxes
€0

Peer companies

Historical observation

Of the 2,146 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 91.7% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.2% went bankrupt
5.9% stopped otherwise
91.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,146 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 25 lines
Balance sheet Code2024
Assets
Total assets20/58€112,130
Current assets29/58€112,130
Amounts receivable within one year40/41€27,701
Trade receivables40€22,220
Other amounts receivable41€5,481
Cash at bank and in hand54/58€84,429
Equity and liabilities
Total equity and liabilities10/49€112,130
Equity10/15€106,109
Contributions10/11€111,800
Profit (loss) carried forward14-€5,691
Amounts payable17/49€6,020
Amounts payable within one year42/48€6,020
Trade debts44€6,020
Suppliers440/4€6,020
Income statement Code2024
Gross operating margin9900-€5,755
Operating profit (loss)9901-€5,755
Financial income75/76B€101
Recurring financial income75€101
Financial charges65/66B€37
Recurring financial charges65€37
Profit (loss) for the period before taxes9903-€5,691
Income taxes67/77€0
Profit (loss) for the period9904-€5,691
Profit (loss) for the period to be appropriated9905-€5,691
Appropriation of the result
Profit (loss) to be appropriated9906-€5,691

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Gross operating margin9900-€5,755
Operating profit (loss)9901-€5,755
Financial income75/76B€101
Recurring financial income75€101
Financial charges65/66B€37
Recurring financial charges65€37
Profit (loss) for the period before taxes9903-€5,691
Income taxes67/77€0
Profit (loss) for the period9904-€5,691
Profit (loss) for the period to be appropriated9905-€5,691
Line2024
Assets
Total assets20/58€112,130
Current assets29/58€112,130
Amounts receivable within one year40/41€27,701
Trade receivables40€22,220
Other amounts receivable41€5,481
Cash at bank and in hand54/58€84,429
Equity and liabilities
Total equity and liabilities10/49€112,130
Equity10/15€106,109
Contributions10/11€111,800
Profit (loss) carried forward14-€5,691
Amounts payable17/49€6,020
Amounts payable within one year42/48€6,020
Trade debts44€6,020
Suppliers440/4€6,020
Line2024
Profit (loss) for the period9904-€5,691
Operating cash flow (approximation)-€5,691

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 28-07-2025 2025-00316626

Similar companies · same sector, comparable size

Of the 16,902 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,926. 7,032 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 to 2025 · 4 entries · €59,000 awarded · €59,000 paid
Year Entries AwardedPaid
2025 3 €9,000€34,000
2024 1 €50,000€25,000
Schemes
3 entries · €50,000 · €50,000 paid · Fonds voor Innoveren en Ondernemen
1 entry · €9,000 · €9,000 paid · Vlaams Agentschap voor Internationaal Ondernemen

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