VLS VERWARMING
ActiveVLS VERWARMING has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €705k and a net result of €82k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 58% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77=
Solvency80▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 3.86 against 5.06 in 2024; short-term debt: 19.8% and cash: 34.2% of total assets), and 45.4% 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
54.6%
Return on assets
6.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
20 d late
2023
31 d late
2022
18 d late
2021
29 d late
2020
30 d late
2019
30 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€705k▲ 2.3%
2024 · €689k
2018: €513k
2019: €578k
2020: €641k
2021: €678k
2022: €775k
2023: €694k
2024: €689k
2018 → 2025
Total assets
€1.29M▲ 6.8%
2024 · €1.21M
2018: €591k
2019: €652k
2020: €717k
2021: €816k
2022: €1.14M
2023: €1.26M
2024: €1.21M
2018 → 2025
Net result
€82k▲ 3.3%
2024 · €79k
2018: €100k
2019: €76k
2020: €64k
2021: €98k
2022: €107k
2023: €84k
2024: €79k
2018 → 2025
Working capital
€733k▲ 2.7%
2024 · €713k
2018: €496k
2019: €565k
2020: €630k
2021: €652k
2022: €568k
2023: €630k
2024: €713k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€678k-€775k▲ 14.3%€694k▼ 10.5%€689k▼ 0.7%€705k▲ 2.3%
Operating result€128k-€149k▲ 16.1%€124k▼ 16.7%€117k▼ 5.5%€120k▲ 2.4%
Net result€98k-€107k▲ 9.3%€84k▼ 21.8%€79k▼ 5.9%€82k▲ 3.3%
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 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.29M
Fixed assets
€303k▼ 5.7%
Current assets
€989k▲ 11.3%
Equity and liabilities €1.29M
Equity
€705k▲ 2.3%
Debt
€587k▲ 12.6%
The debt ratio rises from 43.1% to 45.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€139k▼
2024 · €139k
Cash flow
€100k▼
2024 · €101k
Solvency
54.6%▼
2024 · 56.9%
Current ratio
3.86▼
2024 · 5.06
Quick ratio
3.00▼
2024 · 4.28
Debt / equity
0.83▲
2024 · 0.76
ROE
11.6%▲
2024 · 11.5%
ROA
6.3%▼
2024 · 6.5%
Interest coverage
24.04▲
2024 · 20.40
Debt
€587k▲
2024 · €521k
Debt ≤ 1 year
€257k▲
2024 · €176k
Debt > 1 year
€331k▼
2024 · €346k
Income taxes
€33k▲
2024 · €31k
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€1.21M€1.29M▲
Fixed assets21/28€322k€303k▼
Tangible fixed assets22/27€322k€303k▼
Land and buildings22€313k€302k▼
Plant, machinery and equipment23€932€246▼
Furniture and vehicles24€8k€928▼
Current assets29/58€889k€989k▲
Stocks and contracts in progress3€137k€220k▲
Stocks30/36€23k€19k▼
Contracts in progress37€114k€201k▲
Amounts receivable within one year40/41€363k€325k▼
Trade receivables40€338k€309k▼
Other amounts receivable41€25k€16k▼
Cash at bank and in hand54/58€386k€441k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.29M▲
Equity10/15€689k€705k▲
Contributions10/11€19k€19k=
Reserves13€671k€687k▲
Distributable reserves133€671k€687k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€521k€587k▲
Amounts payable after more than one year17€346k€331k▼
Financial debts170/4€346k€331k▼
Amounts payable within one year42/48€176k€257k▲
Current portion of amounts payable after more than one year42€15k€15k=
Financial debts43€11k€0▼
Credit institutions430/8€11k€0▼
Trade debts44€24k€34k▲
Suppliers440/4€24k€34k▲
Advances received on contracts in progress46€109k€194k▲
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€6k▲
Other amounts payable47/48€13k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€18k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-1k
Other operating charges640/8€3k€4k▲
Gross operating margin9900€143k€141k▼
Operating profit (loss)9901€117k€120k▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€110k€114k▲
Income taxes67/77€31k€33k▲
Profit (loss) for the period9904€79k€82k▲
Profit (loss) for the period to be appropriated9905€79k€82k▲
Appropriation of the result
Profit (loss) to be appropriated9906€79k€82k▲
Transfer from equity791/2€89k€65k▼
Transfer to equity691/2€78k€81k▲
To other reserves6921€78k€81k▲
Profit to be distributed694/7€90k€66k▼
Return on contributions (dividend)694€90k€66k▼
The notes to these accounts (8 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
31-12
Financial
Highest result since 2018net €107k ▲9.3%
Operating result €149k, net result €107k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €64k ▼15.8%
Net result drops to €64k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
24-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
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, Nijlen · 1 establishment unit since 2011
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.
Zwaluwenlaan 72560 NijlenGround area
769 m²
Building footprint
136 m²
Volume, LiDAR
932 m³
Parcel 12026D0857/00N000, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VLS VERWARMING
since 20112.205.568.380
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12026D0857/00N000 | Flanders | 769 m² | 1 · 135 m² | 10.8 m · 2 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.
Similar companies · same sector, comparable size
J. BROODS
BE 0427.437.824
Beveren-Kruibeke-Zwijndrecht · Eq €705k
DE VISSCHERE TECHNICS
BE 0803.118.824
Roeselare · Eq €704k
HOEFMAN TIM
BE 0878.222.261
Gavere · Eq €706k
Etablissements Ernest Seghers et Fils
BE 0407.232.427
Ecaussinnes · Eq €703k
Engels B&S
BE 0825.446.244
Mechelen · Eq €699k
Of 7,036 companies in sector 43221 we hold annual accounts for 3,468. 2,003 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2011
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.