Virusspeedtest
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 17-03-2026 PDF all 4 filings
Every figure per financial year
The operating result for 2025 is a loss of €5,954, after a profit of €16,251 in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Investments
| Item | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €2,052 | - | - | - |
| Depreciation and write-downs of the year | €999 | €684 | €369 | €0 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2025 · 3 entries · €25,000 awarded| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €0 | €0 |
| 2023 | 1 | €25,000 | €0 |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €999 | €684 | €369 | €0 | ▼ 100% |
| Other operating charges640/8 | €403 | €414 | €951 | €854 | ▼ 10.3% |
| Gross operating margin9900 | €91,613 | -€57,165 | €17,572 | -€5,100 | - |
| Operating profit (loss)9901 | €90,211 | -€58,263 | €16,251 | -€5,954 | - |
| Financial income75/76B | - | €48 | €0 | - | - |
| Recurring financial income75 | - | €48 | €0 | - | - |
| Financial charges65/66B | €1,141 | €1,052 | €279 | €190 | ▼ 31.9% |
| Recurring financial charges65 | €1,141 | €1,052 | €279 | €190 | ▼ 31.9% |
| Profit (loss) for the period before taxes9903 | €89,071 | -€59,267 | €15,972 | -€6,144 | - |
| Income taxes67/77 | €22,285 | - | - | - | - |
| Profit (loss) for the period9904 | €66,785 | -€59,267 | €15,972 | -€6,144 | - |
| Profit (loss) for the period to be appropriated9905 | €66,785 | -€59,267 | €15,972 | -€6,144 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €99,441 | €14,175 | €29,541 | €25,847 | ▼ 12.5% |
| Fixed assets21/28 | €1,053 | €369 | €0 | - | - |
| Tangible fixed assets22/27 | €1,053 | €369 | €0 | - | - |
| Furniture and vehicles24 | €1,053 | €369 | €0 | - | - |
| Current assets29/58 | €98,388 | €13,806 | €29,541 | €25,847 | ▼ 12.5% |
| Amounts receivable within one year40/41 | €7,857 | €880 | €26,588 | €25,492 | ▼ 4.1% |
| Trade receivables40 | €6,837 | €271 | €9,366 | €8,366 | ▼ 10.7% |
| Other amounts receivable41 | €1,020 | €609 | €17,222 | €17,126 | ▼ 0.6% |
| Cash at bank and in hand54/58 | €89,457 | €11,739 | €2,734 | €192 | ▼ 93.0% |
| Deferred charges and accrued income490/1 | €1,075 | €1,187 | €218 | €163 | ▼ 25.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €99,441 | €14,175 | €29,541 | €25,847 | ▼ 12.5% |
| Equity10/15 | €72,785 | €13,519 | €29,491 | €23,347 | ▼ 20.8% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | €66,785 | €7,519 | €23,491 | €17,347 | ▼ 26.2% |
| Distributable reserves133 | €66,785 | €7,519 | €23,491 | €17,347 | ▼ 26.2% |
| Amounts payable17/49 | €26,656 | €656 | €50 | €2,500 | ▲ 50× |
| Amounts payable within one year42/48 | €26,656 | €656 | €50 | €2,500 | ▲ 50× |
| Trade debts44 | €851 | €656 | €50 | €0 | ▼ 100% |
| Suppliers440/4 | €851 | €656 | €50 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €25,806 | - | - | - | - |
| Taxes450/3 | €25,806 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €2,500 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66,785 | -€59,267 | €15,972 | -€6,144 | - |
| + Depreciation and write-downs630 | €999 | €684 | €369 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €67,784 | -€58,582 | €16,342 | -€6,144 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - |
| Change in cash | - | -€77,718 | -€9,004 | -€2,543 | ▲ 71.8% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,591 companies had the same profile as Virusspeedtest has now. Two years later, 87.4% were still going and 3.0% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Virusspeedtest itself: 2.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,591 companies, not a prediction for Virusspeedtest. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.