Financials
- Fiscal year
- 2025
- Total assets
- €1.2m
- Loss
- -€64,220
- Solvency
- -11.0%
Total assets▼ 13.4%
Net result
20182025
VLEBOWIN
ActiveSummary
VLEBOWIN has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€127,233) and a net result of -€64,220. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 8% of 32341 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Activity
Other specialised construction activities
NACE 43990NACE 43999NACE 45250
#2 oldest company in Boortmeerbeek, Construction sector1 site
Size
€1.2mtotal assets 2025
- Equity
- -€127,233
- Loss
- -€64,220
Turnover not published (abridged schema)
Structure
Accounts 31 d early0 of 8 deeds read
Why 52Capped at 59: negative equity- Negative equity -€127,233- Sector Specialised construction activities (NACE 43)- Loss of €64,220, the second in a row (FY 2025)+ Size: total assets €1.2mShow the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 6% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
14-6
equity -11.0% of total assets
Liquidity
1+1
short-term debt 111.0% · cash 0.5%
Profitability
16-14
return on assets -5.6%
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.6%lowest value
12-2024: 0.8%▲ +28.6% vs 11-2024
01-2025: 0.8%● 0.0% vs 12-2024
02-2025: 0.8%▲ +4.7% vs 01-2025
03-2025: 0.8%● 0.0% vs 02-2025
04-2025: 0.8%▲ +1.3% vs 03-2025
05-2025: 0.9%▲ +9.6% vs 04-2025
06-2025: 0.9%▼ -0.9% vs 05-2025
07-2025: 1.2%▲ +35.8% vs 06-2025
08-2025: 1.2%● 0.0% vs 07-2025
09-2025: 1.2%● 0.0% vs 08-2025
10-2025: 1.2%● 0.0% vs 09-2025
11-2025: 1.2%● 0.0% vs 10-2025
12-2025: 1.2%● 0.0% vs 11-2025
01-2026: 1.2%● 0.0% vs 12-2025
02-2026: 1.3%▲ +2.9% vs 01-2026
03-2026: 1.3%● 0.0% vs 02-2026
04-2026: 1.3%● 0.0% vs 03-2026
05-2026: 1.3%▲ +1.6% vs 04-2026
06-2026: 1.3%▲ +0.5% vs 05-2026
07-2026: 1.4%▲ +11.7% vs 06-2026highest value
08-2026: 1.4%● 0.0% vs 07-2026highest value
09-2026: 1.4%● 0.0% vs 08-2026highest value
10-2026: 1.4%● 0.0% vs 09-2026highest value
- Negative equity -€127,233 raises the probability
- Size: total assets €1.2m lowers the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
- Loss of €64,220, the second in a row (FY 2025) raises the probability
No credit on open account
Liquidity short (current ratio 0.85 against 0.88 in 2024; short-term debt: 111% and cash: 0.5% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 6%, liquidity 2%, profitability 13%, growth against the median 3%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€127,233
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
34 d early
2023
29 d early
2022
28 d early
2021
16 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 3 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€64,220
- Annual accounts filedfiscal year 2024 · micro…
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€127,233 View
- Caution: Equity fell in 2025from -€63,013 to -€127,233 ▼ 102% View
- Caution: Among the weakest 5% on net resultsector median €10,073 · 32,329 companies -€64,220 View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Caution: 2 loss-making years in a rowloss fiscal year 2025 -€64,220 View
- Active since 1978founded 22-12-1978 47 years View
By topic
Timeline
- Events
- 12
- Since
- 2017
- Next accounts
- by 31-07-2027
- 30-06-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 27-06-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other specialised construction activitiesNACE 43990
- Founded
- 22-12-1978
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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