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VLIBRA

Active Private limited company (pre-2019)founded 1998active for 28 yearsGroeneweg 165, 9870 ZulteKBO/BCE: BE 0462.495.109 #3 oldest company in Zulte, Accommodation and food service sector

Lifetime

20 annual accounts with figures on one time axis, 28 filings since 1999
peak €60,115 (2025)
€50,276▼ 16.4%
lowest -€50,299 (2011)
€1,496▼ 84.1%
peak €195,607 (2010)
€71,067▲ 2.2%
€54,150▼ 21.0%
peak 1 FTE (2007)
-not published
Board3 names since 2020
Documentsfilings and deeds
28-10-20263 days before the deadline
2026micro format
Gross margin from €60,115 to €50,276Result from €9,413 to €1,496Debts from €68,521 to €54,150Cash from €44,997 to €23,994

Key points

from the 2026 annual accounts

Equity

€71,067 from €195,607 in 2010

Equity fell by 64% in 16 years.

Staff

3 employees on 31-03-2026
002024002025202026

In 2026, 2 people joined and nobody left.

Filings

28 annual accounts since 1999
deadline200020102020

Three of the last ten came late. The 2025 accounts came latest: 25 days after the end of the period.

Checked score

87
Excellent
Financially stronger than 56% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.7%▲ +0.2 percentage points vs 09-2025 11-2025: 1.0%▲ +0.3 percentage points vs 10-2025highest value 12-2025: 0.2%▼ -0.8 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026

Financial strength
Strong

82+7equity 56.8% of total assets
53-17short-term debt 43.2% · cash 19.2%
70-7return on assets 1.2%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
lowers risk
Founded in 1998
Liquidity: current ratio 1.02, cash €23,994
Equity €71,067 (56.8% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 74% of them on solvency, 56% on liquidity, 50% on profitability and 45% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as VLIBRA has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of VLIBRA itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for VLIBRA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €6,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.02 (1.33 in 2025), below the usual 1.5. Short-term debt is 43.2% and cash 19.2% of total assets. 43.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 1998
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.02, cash €23,994
NBB · annual accounts
lowers risk · Equity €71,067 (56.8% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-10-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
3 days early
2025
25 days late
2024
37 days early
2023
1 day early
2022
3 days late
2021
2 days late
2020
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VJ
Manager, since 03-08-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0462495109
Registered office moved from Olsene to Machelen New registered office: Groeneweg 165 te 9870 Machelen/Zulte · Previous registered office: Meylegemstraat 2, 9870 Olsene · Resignations: De Vlieger Johan (manager) and Bracke Christel (manager) · General meeting of 03-08-2020 · Gazette deed
First establishment 't Frituurke, Brandweerstraat 2, Deinze
Incorporation published on 03-02-1998 · Gazette deed
All 41 events

Comparable companies

same main activity, similar in size and age
Company
VLIBRA Zulte €125,218 €50,276 56.8% -
SEDO Antwerp €117,736 €51,983 34.3% -
FILMCAT Rotselaar €138,149 €56,169 -153.5% -
B.G.V. Brussels €112,150 €57,198 67.8% -
'T PIZZA BAGETJE Antwerp €113,044 €57,525 -52.4% -
HUMPTY - DUMPTY Jabbeke €150,440 €46,091 72.2% -
'T HOEKSKE Beveren-Kruibeke-Zwijndrecht €114,700 €48,077 92.8% -

These companies have the same main activity as VLIBRA: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €112,000 and €150,000, founded between 1995 and 2002.

Official details

Source: KBO
Status
Active since 21-01-1998Normal situation
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Joint committee
302Hotels and catering · annual accounts 31-03-2026
Establishment unit
2.085.330.1509850 Deinze, since 03-02-1998
Financial year end
31 March
Peppol
Reachable since 06-11-2025
Company details

Annual accounts to 31-03-2026

≈ €190,000estimated
€125,218▼ 9.3%
Employeeson 31-03-2026
3▲ 200%
Filing
Filed on 28-10-2026, 3 days before the end of the filing period
Financials

Insights on VLIBRA

VLIBRA files the micro format. That format states no turnover. The gross margin rose from €43,021 in 2007 to €50,276 in 2026.

The balance sheet grew most from 2009 to 2011 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VLIBRA

What is the company number of VLIBRA?
The company number of VLIBRA is 0462.495.109. The VAT number is the same number with BE in front: BE 0462.495.109.
Where is VLIBRA based?
The registered office is at Groeneweg 165, 9870 Zulte.Company details
What does VLIBRA do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of VLIBRA?
VLIBRA is a private limited company (pre-2019) (BVBA).
When was VLIBRA founded?
VLIBRA was founded on 21-01-1998.
Is VLIBRA still active?
Yes, VLIBRA is an active enterprise in the KBO register.
How many employees does VLIBRA have?
VLIBRA had an average of 1.4 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does VLIBRA fall under?
In its 31-03-2026 annual accounts, VLIBRA states joint committee 302 (Hotels and catering).
What is the turnover of VLIBRA?
The turnover in financial year 2026 is ≈ €190,000. This figure is estimated from the gross margin of €50,276 and 90 comparable companies (NACE 56112). It probably lies between €140,000 and €220,000.
Is VLIBRA profitable?
In financial year 2026, VLIBRA made a profit of €1,496.
Where can I find the annual accounts of VLIBRA?
VLIBRA filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of VLIBRA due?
VLIBRA must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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