VLEVAR
ActiveSummary
VLEVAR has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €630,562 and a net result of -€12,180. Equity remains stable across the filed fiscal years (±1.6% per year). The computed 12-month bankruptcy probability is 0.7% (low).
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Signals
This company filed its last 7 accounts on average 34 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,616 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,405 | €18,405 | €18,405 | €18,405 | €18,404 | = |
| Other operating charges640/8 | €4,937 | €4,925 | €4,951 | €4,905 | €4,793 | ▼ 2.3% |
| Gross operating margin9900 | €6,203 | €6,526 | €7,537 | €7,627 | €8,394 | ▲ 10.1% |
| Operating profit (loss)9901 | -€17,139 | -€16,804 | -€15,819 | -€15,683 | -€14,803 | ▲ 5.6% |
| Financial income75/76B | - | - | - | €61 | €39 | ▼ 36.1% |
| Recurring financial income75 | - | - | - | €61 | €39 | ▼ 36.1% |
| Financial charges65/66B | €11 | €78 | €12 | €54 | €66 | ▲ 22.2% |
| Recurring financial charges65 | €11 | €78 | €12 | €54 | €66 | ▲ 22.2% |
| Profit (loss) for the period before taxes9903 | -€17,150 | -€16,882 | -€15,831 | -€15,676 | -€14,830 | ▲ 5.4% |
| Transfer from deferred taxes780 | €3,603 | €2,650 | €2,650 | €2,650 | €2,650 | = |
| Profit (loss) for the period9904 | -€13,547 | -€14,232 | -€13,181 | -€13,026 | -€12,180 | ▲ 6.5% |
| Transfer from tax-exempt reserves789 | €6,997 | €7,950 | €7,950 | €7,950 | €7,950 | = |
| Profit (loss) for the period to be appropriated9905 | -€6,550 | -€6,282 | -€5,231 | -€5,076 | -€4,230 | ▲ 16.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €781,410 | €756,011 | €729,085 | €703,180 | €685,411 | ▼ 2.5% |
| Fixed assets21/28 | €755,810 | €737,405 | €719,001 | €700,596 | €682,192 | ▼ 2.6% |
| Tangible fixed assets22/27 | €755,810 | €737,405 | €719,001 | €700,596 | €682,192 | ▼ 2.6% |
| Land and buildings22 | €755,810 | €737,405 | €719,001 | €700,596 | €682,192 | ▼ 2.6% |
| Current assets29/58 | €25,600 | €18,606 | €10,084 | €2,584 | €3,219 | ▲ 24.6% |
| Amounts receivable within one year40/41 | - | - | - | €18 | €12 | ▼ 33.3% |
| Other amounts receivable41 | - | - | - | €18 | €12 | ▼ 33.3% |
| Cash at bank and in hand54/58 | €25,600 | €18,606 | €10,084 | €2,566 | €3,207 | ▲ 25.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €781,410 | €756,011 | €729,085 | €703,180 | €685,411 | ▼ 2.5% |
| Equity10/15 | €659,992 | €668,949 | €655,768 | €642,742 | €630,562 | ▼ 1.9% |
| Contributions10/11 | €309,000 | €309,000 | €309,000 | €309,000 | €309,000 | = |
| Reserves13 | €302,018 | €317,257 | €309,307 | €301,357 | €293,407 | ▼ 2.6% |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves not available under the articles1311 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | €170,262 | €185,501 | €177,551 | €169,601 | €161,651 | ▼ 4.7% |
| Distributable reserves133 | €125,556 | €125,556 | €125,556 | €125,556 | €125,556 | = |
| Profit (loss) carried forward14 | €48,974 | €42,692 | €37,461 | €32,385 | €28,155 | ▼ 13.1% |
| Provisions and deferred taxes16 | €87,672 | €61,834 | €59,184 | €56,534 | €53,884 | ▼ 4.7% |
| Deferred taxes168 | €87,672 | €61,834 | €59,184 | €56,534 | €53,884 | ▼ 4.7% |
| Amounts payable17/49 | €33,746 | €25,228 | €14,133 | €3,904 | €965 | ▼ 75.3% |
| Amounts payable within one year42/48 | €33,746 | €25,228 | €14,133 | €3,904 | €965 | ▼ 75.3% |
| Trade debts44 | - | €1,266 | €197 | €342 | - | - |
| Suppliers440/4 | - | €1,266 | €197 | €342 | - | - |
| Other amounts payable47/48 | €33,746 | €23,962 | €13,936 | €3,562 | €965 | ▼ 72.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,547 | -€14,232 | -€13,181 | -€13,026 | -€12,180 | ▲ 6.5% |
| + Depreciation and write-downs630 | €18,405 | €18,405 | €18,405 | €18,405 | €18,404 | = |
| Operating cash flow (approximation) | €4,858 | €4,173 | €5,224 | €5,379 | €6,224 | ▲ 15.7% |
| Investment in fixed assets (approximation) | - | €0 | -€1 | €0 | €0 | - |
| Change in cash | - | -€6,994 | -€8,522 | -€7,518 | €641 | ▲ 109% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
31-07
State Gazette act
Registered officeRegistered-office move · Director in office2 facts ▸
- Registered-office move, Zeeweg 10, 8820 Torhout
- Director in office, Martine Vandoolaeghe (director)
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31033A0014/00M002 | Flanders | 725 m² | 1 · 151 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.