Financials
- Fiscal year
- 2025
- Total assets
- €696,308
- Profit
- €35,949
- Solvency
- 30.2%
Total assets▼ 2.0%
Net result
20212025
VLH
ActiveSummary
VLH has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210,336 and a net result of €35,949. Equity is growing by ~17.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
Activity not known1 site
Size
€696,308total assets 2025
- Equity
- €210,336
- Profit
- €35,949
Turnover not published (abridged schema)
Structure
- Holdings
- 1
Accounts 43 d early0 of 3 deeds read
Why 66- Figures for FY 2024 (filed 01-07-2025)- Liquidity: current ratio 1.25, cash €2,884+ Size: total assets €710,517+ No main activity registeredShow the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 45% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
55+5
equity 30.2% of total assets
Liquidity
58+7
short-term debt 6.9% · cash 6.3%
Profitability
52+5
return on assets 5.2%
Bankruptcy probability, 12 months
1.0%
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: 0.5%
12-2024: 0.5%● 0.0% vs 11-2024
01-2025: 0.5%▼ -1.5% vs 12-2024
02-2025: 0.5%▼ -1.1% vs 01-2025
03-2025: 0.6%▲ +9.3% vs 02-2025
04-2025: 0.6%▼ -2.3% vs 03-2025
05-2025: 0.6%▲ +8.7% vs 04-2025
06-2025: 0.6%▲ +7.0% vs 05-2025
07-2025: 0.7%▲ +6.2% vs 06-2025
08-2025: 0.2%▼ -70.0% vs 07-2025
09-2025: 0.2%● 0.0% vs 08-2025
10-2025: 0.2%● 0.0% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%▲ +1.5% vs 12-2025
02-2026: 0.2%▲ +1.4% vs 01-2026
03-2026: 0.2%▲ +1.4% vs 02-2026
04-2026: 0.2%▼ -4.7% vs 03-2026lowest value
05-2026: 0.2%▲ +11.8% vs 04-2026
06-2026: 0.3%▲ +21.9% vs 05-2026
07-2026: 0.3%▲ +12.6% vs 06-2026
08-2026: 0.4%▲ +39.0% vs 07-2026
09-2026: 0.5%▲ +18.9% vs 08-2026
10-2026: 1.0%▲ +97.9% vs 09-2026highest value
- Size: total assets €710,517 lowers the probability for this profile
- Figures for FY 2024 (filed 01-07-2025) raises the probability
- No main activity registered lowers the probability
- Liquidity: current ratio 1.25, cash €2,884 raises the probability
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 2.05 against 1.25 in 2024; short-term debt: 6.9% and cash: 6.3% of total assets), but 69.8% of the assets are financed with debt.
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 (no NACE code, micro). Better than this share of them on solvency 30%, liquidity 41%, profitability 35%, growth against the median 75%. 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.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 18-06-2026, 43 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
43 d early
2024
35 d early
2023
48 d early
2022
45 d early
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 28 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)
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 18 June (4 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…
- Equity above €200,000Eq €210,336 ▲20.6%
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Network & group
- Subsidiaries
- 1
1 subsidiary
Timeline
- Events
- 10
- Since
- 2022
- Next accounts
- by 31-07-2027
- 18-06-2026Annual accounts filed
- 31-12-2025Equity above €200,000
- 26-06-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 26-02-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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