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VLW

Active Private limited companyfounded 2001active for 24 yearsNieuwstraat 11, 3370 BoutersemKBO/BCE: BE 0476.227.636 #2 company by total assets in Boutersem, Telecoms and IT sector

Lifetime

20 annual accounts with figures on one time axis, 24 filings since 2002
peak €173,198 (2025)
€173,198▲ 9.3%
lowest -€6,547 (2014)
€71,677▲ 54.3%
peak €697,419 (2025)
€697,419▲ 16.6%
€767,374▼ 14.3%
peak 1 FTE (2014)
-not published
Board2 names since 2018
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Result from €46,442 to €71,677Merger: VLW takes over Vlwten 10-10Merger proposal: VLW takes over Vlwten 12-06Equity from €598,129 to €697,419Cash from €30,670 to €75,604

Key points

from the 2025 annual accounts

Equity

€697,419 ▲ 16.6%

VLW has made a profit without a break since 2016.

Investments

€160,646 3.0 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 4205.8% higher than in 2024.

Liquidity

3.02 was 1.92 in 2024

Short-term debts fell from €149,951 to €83,714.

Filings

24 annual accounts since 2002
AprilJune31 JulyOctober20102020

Nine of the last ten came late. The 2022 accounts came latest: 108 days after the end of the period.

Position in the sector

€697,419

More equity than 95% of companies in computer programming and consultancy. Sector median €68,844 · 22,051 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as VLW has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 14,768 companies, not a prediction for VLW. 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

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Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Environmental permit refused Functiewijziging zonder verbouwingswerken · Provincie Vlaams-Brabant
Registered in the Peppol Directory Reachable for e-invoices through 0208:0476227636
Merger: VLW takes over Vlwten General meeting of 30-07-2025 · Gazette deed
Merger proposal: VLW takes over Vlwten Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company
VLW Boutersem €1.5m €173,198 47.6% -
MANAGEMENT CONSULTING & INFORMATION TECHNOLOGY SERVICES Lubbeek €1.3m €159,906 76.0% -
IFA Zonhoven €1.5m €158,113 95.2% -
ELITE CONSULTING Auderghem €1.7m €166,408 27.9% -
DAMATION Zaventem €1.2m €158,845 72.8% -
M. LAGAUW Leuven €1.3m €191,951 65.3% -
Y.Dea Tienen €1.2m €171,510 26.9% -

These companies have the same main activity as VLW: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €1.2m and €1.7m, founded between 1998 and 2005.

Official details

Source: KBO
Status
Active since 13-12-2001Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 3 others
Establishment units
2.116.470.8133370 Boutersem, since 19-12-2001
2.364.508.3253000 Leuven, since 01-10-2024
Financial year end
31 December
Peppol
Reachable since 29-10-2025
Company details

Annual accounts 2025

≈ €270,000estimated
€1.5m▼ 2.0%
Filing
Filed on 31-08-2026
Financials

Insights on VLW

VLW files the micro format. That format states no turnover. The gross margin rose from €22,915 in 2006 to €173,198 in 2025.

The balance sheet grew most from 2019 to 2021 through fixed assets, financed with long-term debt.

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 VLW

What is the company number of VLW?
The company number of VLW is 0476.227.636. The VAT number is the same number with BE in front: BE 0476.227.636.
Where is VLW based?
The registered office is at Nieuwstraat 11, 3370 Boutersem.Company details
What does VLW do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of VLW?
VLW is a private limited company (BV).
When was VLW founded?
VLW was founded on 13-12-2001.
Is VLW still active?
Yes, VLW is an active enterprise in the KBO register.
What is the turnover of VLW?
The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €173,198 and 42 comparable companies (NACE 62200). It probably lies between €240,000 and €330,000. In financial year 2021 turnover was €219,300.Financials
Is VLW profitable?
In financial year 2025, VLW made a profit of €71,677.
Where can I find the annual accounts of VLW?
VLW filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VLW due?
VLW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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