VIRUNGA ORIGINS
The computed 12-month bankruptcy probability of VIRUNGA ORIGINS is 8.4% (elevated). The 2024 annual accounts show negative equity (€-414k) and a net result of €-230k. Equity is shrinking by ~95.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 3348 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-414k |
| Net result | €-230k |
| Better than sector | 5% |
| Active | 4 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -207.5% | 25.2% | |
| Net result | €-230k | €4k | |
| Equity | €-414k | €23k | |
| Gross operating margin | €-157k | €19k | |
| Staff costs | €56k | €27k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-213k |
| Net profit | €-230k |
| Cash flow | €-229k |
| Staff costs | €56k |
| Income taxes | €457 |
| Dividends | - |
| Total assets | €200k |
| Equity | €-414k |
| Debt | €614k |
| of which ≤ 1y | €132k |
| of which > 1y | €482k |
| Working capital | €66k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.50 |
| Quick ratio | 1.39 |
| Working capital ratio | 33.2% |
| Solvency | -207.5% |
| Debt / equity | -1.48 |
| Long-term debt ratio | -1.16 |
| Interest coverage | -12.77 |
| Gross margin | - |
| Net margin | - |
| ROA | -115.0% |
| ROE | 55.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €200k |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €198k |
| Stocks & contracts in progress | 3 | €14k |
| Amounts receivable within one year | 40/41 | €138k |
| Cash & bank | 54/58 | €45k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €200k |
| Equity | 10/15 | €-414k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-419k |
| Amounts payable | 17/49 | €614k |
| Amounts payable after one year | 17 | €482k |
| Amounts payable within one year | 42/48 | €132k |
| Trade debts payable within one year | 44 | €115k |
| Income statement | ||
| Gross operating margin | 9900 | €-157k |
| Operating result | 9901 | €-213k |
| Financial income | 75 | €232 |
| Financial charges | 65 | €17k |
| Result before taxes | 9903 | €-229k |
| Income taxes | 67/77 | €457 |
| Net result for the period | 9904 | €-230k |
| Result to be appropriated | 9905 | €-230k |
| NACE primary | Wholesale trade(46211) |
| Legal form | Private limited company(610) |
| Incorporation | 15-06-2022 |
| Status | Active |
| Postal code | 1050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0007/00R000 | Brussels | 1,683 m² | 1 · 2,433 m² | 35.6 m · 9 fl. |
| 35384A0030/00S003 | Flanders | 219 m² | 1 · 103 m² | 12.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-12-2022 5 directors appointed
- Kristen Poitras, Bestuurder
- Bastien Alard, Bestuurder
- Dimitri Moreels, Gedelegeerd bestuurder
- Eric COOLEN, Gedelegeerd bestuurder
- Eric Coolen, Gedelegeerd bestuurder
Technical details
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"office_city": "Bruxelles",
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"filing_date": "2022-12-08",
"act_kind_objet": "Objet de l\u0027acte:"
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"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2022-06-21",
"unanimous": true
},
{
"body": "raad_van_bestuur",
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],
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"subject_company": {
"kbo": "0787.314.455",
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"co_filed_documents": [],
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | VIRUNGA ORIGINS |