VN Renovation
ActiveVN Renovation has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95k and a net result of €-5k. Its solvency ranks better than 41% of 13935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability35
Solvency44
Growth-
Track record67
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity tight (current ratio 1.23; short-term debt: 81.3% and cash: 1.6% of total assets), and 81.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.7%
Return on assets
-0.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 1 filingDeviation from the deadline
2025
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€95k
Total assets
€509k
Net result
€-5k
Working capital
€95k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €509k
Equity
€95k
Debt
€413k
Debt finances 81.3% of the balance-sheet total.
Key figures and ratios
Solvency
18.7%
Current ratio
1.23
Quick ratio
0.05
Debt / equity
4.34
ROE
-5.0%
ROA
-0.9%
Debt
€413k
Debt ≤ 1 year
€413k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€509k
Current assets29/58€509k
Stocks and contracts in progress3€487k
Stocks30/36€487k
Amounts receivable within one year40/41€12k
Trade receivables40€11k
Other amounts receivable41€1k
Cash at bank and in hand54/58€8k
Deferred charges and accrued income490/1€2k
Equity and liabilities
Total equity and liabilities10/49€509k
Equity10/15€95k
Contributions10/11€100k
Profit (loss) carried forward14€-5k
Amounts payable17/49€413k
Amounts payable within one year42/48€413k
Trade debts44€79k
Suppliers440/4€79k
Other amounts payable47/48€335k
Income statement
Code2025
Other operating charges640/8€1k
Gross operating margin9900€-4k
Operating profit (loss)9901€-5k
Financial income75/76B€381
Recurring financial income75€381
Financial charges65/66B€30
Recurring financial charges65€30
Profit (loss) for the period before taxes9903€-5k
Profit (loss) for the period9904€-5k
Profit (loss) for the period to be appropriated9905€-5k
Appropriation of the result
Profit (loss) to be appropriated9906€-5k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Ieper · 1 establishment unit since 2024
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.
Brugseweg 2B2B8900 IeperGround area
1,331 m²
Building footprint
943 m²
Volume, LiDAR
80 m³
Parcel 33303E0351/08W000, Flanders · tallest building 2.7 m. Linked by address, not a title deed.
1 establishment unit
VN Renovation
since 20242.366.903.235
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33303E0351/08W000 | Flanders | 1,331 m² | 1 · 943 m² | 2.7 m |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,357 EUR awarded · 2,357 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,357 EUR | 2,357 EUR |
Schemes
Premie voor archeologisch vooronderzoek met ingreep in de bodem
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Of 7,320 companies in sector 68110 we hold annual accounts for 5,380. 3,674 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-07-2024
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress 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.