VK-DESIGN
ActiveVK-DESIGN has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €524k and a net result of €60k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 60% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-5
Solvency77▲+9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 1.5 in 2024; short-term debt: 37.2% and cash: 18.9% of total assets), and 47.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
52.3%
Return on assets
6%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 08-10-2025, 23 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
23 d early
2024
41 d early
2023
35 d early
2022
18 d early
2021
16 d early
2019
27 d late
2018
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€524k▼ 5.8%
2024 · €556k
2018: €386k
2019: €482k
2021: €499k
2022: €361k
2023: €521k
2024: €556k
2018 → 2025
Total assets
€1.00M▼ 22.2%
2024 · €1.29M
2018: €727k
2019: €709k
2021: €869k
2022: €799k
2023: €1.08M
2024: €1.29M
2018 → 2025
Net result
€60k▼ 51.3%
2024 · €124k
2018: €92k
2019: €95k
2021: €91k
2022: €45k
2023: €183k
2024: €124k
2018 → 2025
Working capital
€277k▼ 7.7%
2024 · €300k
2018: €66k
2019: €247k
2021: €262k
2022: €160k
2023: €277k
2024: €300k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€499k-€361k▼ 27.6%€521k▲ 44.4%€556k▲ 6.7%€524k▼ 5.8%
Operating result€118k-€70k▼ 41.1%€248k▲ 257%€186k▼ 25.1%€91k▼ 51.0%
Net result€91k-€45k▼ 50.4%€183k▲ 307%€124k▼ 32.4%€60k▼ 51.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.00M
Fixed assets
€353k▼ 8.6%
Current assets
€649k▼ 28.1%
Equity and liabilities €1.00M
Equity
€524k▼ 5.8%
Debt
€478k▼ 34.7%
The debt ratio falls from 56.9% to 47.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€178k▼
2024 · €278k
Cash flow
€147k▼
2024 · €216k
Solvency
52.3%▲
2024 · 43.1%
Current ratio
1.74▲
2024 · 1.50
Quick ratio
1.38▲
2024 · 1.22
Debt / equity
0.91▼
2024 · 1.32
ROE
11.5%▼
2024 · 22.3%
ROA
6.0%▼
2024 · 9.6%
Interest coverage
18.97▼
2024 · 33.14
Debt
€478k▼
2024 · €733k
Debt ≤ 1 year
€373k▼
2024 · €603k
Debt > 1 year
€105k▼
2024 · €130k
Income taxes
€25k▼
2024 · €57k
Staff costs
€728k▼
2024 · €784k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.29M€1.00M▼
Fixed assets21/28€386k€353k▼
Intangible fixed assets21€19k€15k▼
Tangible fixed assets22/27€366k€336k▼
Land and buildings22€3k€1k▼
Plant, machinery and equipment23€179k€228k▲
Furniture and vehicles24€130k€64k▼
Other tangible fixed assets26€54k€43k▼
Financial fixed assets28€2k€2k=
Current assets29/58€903k€649k▼
Amounts receivable after more than one year29€18k€0▼
Other amounts receivable291€18k€0▼
Stocks and contracts in progress3€169k€136k▼
Stocks30/36€169k€136k▼
Amounts receivable within one year40/41€307k€274k▼
Trade receivables40€267k€246k▼
Other amounts receivable41€40k€28k▼
Cash at bank and in hand54/58€367k€190k▼
Deferred charges and accrued income490/1€42k€50k▲
Equity and liabilities
Total equity and liabilities10/49€1.29M€1.00M▼
Equity10/15€556k€524k▼
Reserves13€556k€524k▼
Distributable reserves133€556k€524k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€733k€478k▼
Amounts payable after more than one year17€130k€105k▼
Financial debts170/4€130k€105k▼
Amounts payable within one year42/48€603k€373k▼
Current portion of amounts payable after more than one year42€31k€68k▲
Financial debts43€3k€9▼
Credit institutions430/8€3k€9▼
Trade debts44€367k€159k▼
Suppliers440/4€367k€159k▼
Taxes, remuneration and social security45€60k€57k▼
Taxes450/3€5k€5k▲
Remuneration and social security454/9€56k€52k▼
Other amounts payable47/48€142k€89k▼
Accrued charges and deferred income492/3€0€600▲
Income statement
Code20242025
Non-recurring operating income76A€0€33k▲
Remuneration, social security and pensions62€784k€728k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€87k▼
Other operating charges640/8€5k€3k▼
Non-recurring operating charges66A€18k€7k▼
Gross operating margin9900€1.08M€915k▼
Operating profit (loss)9901€186k€91k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€181k€85k▼
Income taxes67/77€57k€25k▼
Profit (loss) for the period9904€124k€60k▼
Profit (loss) for the period to be appropriated9905€124k€60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€124k€60k▼
Transfer from equity791/2€89k€92k▲
Transfer to equity691/2€124k€60k▼
To other reserves6921€124k€60k▼
Profit to be distributed694/7€89k€92k▲
Return on contributions (dividend)694€89k€92k▲
Social balance
Average headcount (FTE)908713.411.4▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
20-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2018net €183k ▲307%
Operating result €248k, net result €183k, both a record.
31-03
Financial
Equity above €500kEq €521k ▲44.4%
5 profitable years in a row build equity to €521k.
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet €45k ▼50.4%
Net result drops to €45k, the lowest in the series; recovery starts the following year.
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Evergem · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brielken 309940 EvergemGround area
2,974 m²
Building footprint
762 m²
Volume, LiDAR
3,091 m³
Parcel 44302D1233/00W002, Flanders · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VK-Design
since 20162.254.061.749
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44302D1233/00W002 | Flanders | 2,974 m² | 1 · 762 m² | 5.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 13,006 EUR awarded · 12,279 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,323 EUR | 1,808 EUR |
| 2024 | 2 | 6,937 EUR | 7,528 EUR |
| 2023 | 1 | 3,072 EUR | 2,269 EUR |
| 2022 | 1 | 674 EUR | 674 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Recognised contractor
2 categoriesVK-DESIGN BV31229
Dual-learning approval
4 live approvals · 4 endedBinnen- en buitenschrijnwerk duaal (so)
Interieurbouwer duaal (so)
Machinaal houtbewerker duaal (so)
Operator CNC-gestuurde houtbewerkingsmachines duaal (so)
Similar companies · same sector, comparable size
FREEDHOME
BE 0686.770.985
Colfontaine · Eq €523k
Van Thuyne
BE 0419.958.332
Kruisem · Eq €525k
Stefan Van Bogaert
BE 0839.552.222
Beveren-Kruibeke-Zwijndrecht · Eq €528k
Etalutil
BE 0406.857.293
Haacht · Eq €520k
YQ PURCHASING
BE 0887.723.511
Liège · Eq €530k
Of 4,097 companies in sector 43240 we hold annual accounts for 1,631. 979 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-04-2016
Fiscal year end31-03
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.