VLAS
ActiveVLAS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €20k. Equity is growing by ~34.8% per year across the filed fiscal years. Its solvency ranks better than 42% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+5
Solvency65▲+13
Growth83▼-2
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.34 in 2024; short-term debt: 48.2% and cash: 0% of total assets), and 60.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
39.7%
Return on assets
14%
Age of the figures
12 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-03-2026, 41 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
41 d early
2024
58 d early
2023
34 d early
2022
33 d early
2021
37 d early
2020
34 d early
2019
41 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€530k▼ 16.2%
2024 · €633k
2019: €190k
2020: €367k
2021: €344k
2022: €379k
2023: €380k
2024: €633k
2019 → 2025
EBIT margin
6.7%▲ 5.4pp
2024 · 1.3%
2019: 2.1%
2020: 1.1%
2021: 4.6%
2022: 1.6%
2023: 3.3%
2024: 1.3%
2019 → 2025
Net result
€20k▲ 380%
2024 · €4k
2019: €2k
2020: €3k
2021: €12k
2022: €6k
2023: €4k
2024: €4k
2019 → 2025
Working capital
€33k▲ 3.3%
2024 · €32k
2019: €6k
2020: €8k
2021: €6k
2022: €19k
2023: €41k
2024: €32k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€344k-€379k▲ 10.2%€380k▲ 0.2%€633k▲ 66.5%€530k▼ 16.2%
Equity€23k-€29k▲ 24.8%€33k▲ 12.5%€37k▲ 12.9%€57k▲ 54.9%
Operating result€16k-€6k▼ 61.5%€13k▲ 108%€8k▼ 33.8%€36k▲ 326%
Net result€12k-€6k▼ 52.4%€4k▼ 37.0%€4k▲ 16.0%€20k▲ 380%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 326% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €144k
Fixed assets
€41k▲ 276%
Current assets
€102k▼ 19.0%
Equity and liabilities €144k
Equity
€57k▲ 54.9%
Debt
€87k▼ 13.8%
The debt ratio falls from 73.2% to 60.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€45k▲
2024 · €21k
Cash flow
€30k▲
2024 · €17k
Solvency
39.7%▲
2024 · 26.8%
Current ratio
1.48▲
2024 · 1.34
Quick ratio
1.48▲
2024 · 1.34
Debt / equity
1.52▼
2024 · 2.73
ROE
35.4%▲
2024 · 11.4%
ROA
14.0%▲
2024 · 3.1%
Interest coverage
4.15▼
2024 · 14.99
Debt
€87k▼
2024 · €101k
Debt ≤ 1 year
€69k▼
2024 · €94k
Debt > 1 year
€17k▲
2024 · €6k
Income taxes
€6k▲
2024 · €3k
Staff costs
€16k▲
2024 · €2k
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€137k€144k▲
Fixed assets21/28€11k€41k▲
Tangible fixed assets22/27€11k€41k▲
Plant, machinery and equipment23€143-
Furniture and vehicles24€11k€41k▲
Financial fixed assets28€30€30=
Current assets29/58€126k€102k▼
Amounts receivable within one year40/41€88k€101k▲
Trade receivables40€71k€81k▲
Other amounts receivable41€17k€20k▲
Cash at bank and in hand54/58€38k€58▼
Deferred charges and accrued income490/1€694€2k▲
Equity and liabilities
Total equity and liabilities10/49€137k€144k▲
Equity10/15€37k€57k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€29k€49k▲
Amounts payable17/49€101k€87k▼
Amounts payable after more than one year17€6k€17k▲
Financial debts170/4€6k€17k▲
Amounts payable within one year42/48€94k€69k▼
Current portion of amounts payable after more than one year42€8k€12k▲
Trade debts44€78k€47k▼
Suppliers440/4€52k€34k▼
Bills of exchange payable441€26k€13k▼
Taxes, remuneration and social security45€8k€10k▲
Taxes450/3€3k€6k▲
Remuneration and social security454/9€5k€4k▼
Income statement
Code20242025
Turnover70€633k€530k▼
Goods, raw materials, services and sundry goods60/61€609k€468k▼
Remuneration, social security and pensions62€2k€16k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€10k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€24k€63k▲
Operating profit (loss)9901€8k€36k▲
Financial income75/76B€651€1k▲
Recurring financial income75€651€1k▲
Financial charges65/66B€1k€11k▲
Recurring financial charges65€1k€11k▲
Profit (loss) for the period before taxes9903€8k€26k▲
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€4k€20k▲
Profit (loss) for the period to be appropriated9905€4k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€49k▲
Profit (loss) brought forward from the previous period14P€25k€29k▲
The notes to these accounts (9 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
2026
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2019net €20k ▲380%
Operating result €36k, net result €20k, both a record.
03-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Dilbeek · 1 establishment unit since 2018
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.
Hoogveldlaan 291700 DilbeekGround area
221 m²
Building footprint
110 m²
Volume, LiDAR
1,241 m³
Parcel 23352F0070/00D005, Flanders · tallest building 12.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
VLAS
since 20182.277.813.386
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23352F0070/00D005 | Flanders | 221 m² | 1 · 110 m² | 12.6 m · 4 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.
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 8,662 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-05-2018
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
43410Roofing work
41001General construction of residential buildings
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43429Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.