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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
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Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for VL-Tech according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €237k and a net result of €151k.
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 events08-07-2026
Bankruptcy
Opening
Trust signals
1 signalOpen bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
0 events
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€151k+128.6%
Working capital€41k
Directors1
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 18-11-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 31.8% | 40.9% | |
| Net result | €151k | €11k | |
| Equity | €237k | €34k | |
| Gross operating margin | €687k | €35k | |
| Staff costs | €487k | €25k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€197k
-
far above sector median
€151k
+128.6%
far above sector median
€184k
-
far above sector median
€746k
+36.1%
far above sector median
€237k
+175.5%
+133% vs sector
€41k
-
-14% vs sector
6
-14.9%
+256% vs sector
€487k
+71.9%
+219% vs sector
€24k
-
far above sector median
€509k
+10.1%
far above sector median
€310k
+31.5%
far above sector median
€198k
-12.2%
+178% vs sector
1.13
+89.0%
-43% vs sector
1.05
+112.7%
-38% vs sector
31.8%
+102.4%
-53% vs sector
2.14
-60.0%
+143% vs sector
63.7%
-17.0%
far above sector median
20.3%
+67.9%
far above sector median
15.53
-
+24% vs sector
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €197k |
| Net profit | €151k |
| Cash flow | €184k |
| Staff costs | €487k |
| Income taxes | - |
| Dividends | - |
| Total assets | €746k |
| Equity | €237k |
| Debt | €509k |
| of which ≤ 1y | €310k |
| of which > 1y | €198k |
| Working capital | €41k |
| Employees (FTE) | 5.7 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.13 |
| Quick ratio | 1.05 |
| Working capital ratio | 5.5% |
| Solvency | 31.8% |
| Debt / equity | 2.14 |
| Long-term debt ratio | 0.84 |
| Interest coverage | 15.53 |
| Gross margin | - |
| Net margin | - |
| ROA | 20.3% |
| ROE | 63.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €746k |
| Fixed assets | 21/28 | €394k |
| Tangible fixed assets | 22/27 | €392k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €351k |
| Stocks & contracts in progress | 3 | €25k |
| Amounts receivable within one year | 40/41 | €307k |
| Cash & bank | 54/58 | €20k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €746k |
| Equity | 10/15 | €237k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €217k |
| Amounts payable | 17/49 | €509k |
| Amounts payable after one year | 17 | €198k |
| Amounts payable within one year | 42/48 | €310k |
| Trade debts payable within one year | 44 | €131k |
| Income statement | ||
| Gross operating margin | 9900 | €687k |
| Operating result | 9901 | €164k |
| Financial income | 75 | €27 |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €151k |
| Net result for the period | 9904 | €151k |
| Result to be appropriated | 9905 | €151k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2024 · computed26
/ 100
Weak
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
indexingNo directors on record yet
Directors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | SOFIE DE NIJS BRANDSTRAAT 117, 8755 WINGENE- |
30-06-2026 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Bouwrijp maken van terreinen(43120) |
| Legal form | Private limited company(610) |
| Incorporation | 13-10-2022 |
| Status | Active |
| Postal code | 9870 |
| First BS signal | 08-07-2026 |
| Latest BS signal | 08-07-2026 |
Structure & network
Company structure: linked entities
1 linked entityMandates
Locations & real estate
Registered office
on the map · from the address register
seat.Municipality
exact location from the address register
Establishment units
1 locationVL-Tech
since 20222.337.139.378
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area9,258 m²
Buildings1
Building footprint4,939 m²
Volume (LiDAR)42,362 m³
Tallest building9.6 m · ±3 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44081C0473/00H002 | Flanders | 9,258 m² | 1 · 4,939 m² | 9.6 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette08-07-2026
Bankruptcy
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
1 acts Capital history · 1
02-08-2024
Capital change
All acts · 1
updated 1 year ago
2024
02-08-2024 All shares are now held by a single shareholder
Analysis
Snowflake analysis
financial profile on 5 axes51
/ 100
Mixed profile: strong on profitability, weaker on stability.
Health
26
Profitability
100
Solvency
53
Growth
78
Stability
0
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Credit advice
verdict per customer and amountSimilar
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Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
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Primary activity highlighted.
Names & trade names
| Legal nameNL | VL-Tech |
Registered office
Karreweg 17 bus b
9870 Zulte, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.