Checked.be
Active
BE 0645.536.879Private limited company
VO2 Belgium
Louizalaan 367 ·1050 Elsene, Belgium· 10 yrs active
Sector: Computer programming
(62100)
Conclusion
VO2 Belgium has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €436k and a net result of €143k. Equity is growing by ~33% per year across the filed fiscal years. Its solvency ranks better than 79% of 1557 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €436k |
| Net result | €143k |
| Staff (FTE) | 7.4 |
| Better than sector | 79% |
Financial profile
94
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
93
Profitability
100
Solvency
100
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2016, 10 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
93
/ 100
Excellent
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€40k
estimate, not credit advice
Score history
78
2021
93
2022
85
2023
93
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 3.68 (≥ 1.5)
+10
Quick ratio
Quick ratio 3.68 (≥ 1.0)
+5
Leverage
Debt/equity 0.37 (< 1.0)
+10
Profitability
ROE 33% (≥ 10%)
+10
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 27-06-2025 with the NBB · fiscal year 2024 · full schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~33%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 62, Computer programming, consultancy and related activities · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 72.9% | 42.5% | |
| Net result | €143k | €33k | |
| Equity | €436k | €276k | |
| Gross operating margin | €710k | €110k | |
| Staff costs | €525k | €712k |
€143k
+201.0%
21-24
€598k
+49.6%
21-24
€436k
+49.0%
21-24
€436k
+49.0%
21-24
7
+5.7%
21-24
€525k
+9.5%
21-24
€52k
+167.0%
21-24
€85k
-
21-24
€162k
+51.1%
21-24
€162k
+51.1%
21-24
3.68
-1.0%
21-24
3.68
-1.0%
21-24
72.9%
-0.4%
21-24
0.37
+1.4%
21-24
32.9%
+102.0%
21-24
24.0%
+101.3%
21-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - |
| EBITDA | - | - | - | - |
| Net profit | €143k | €48k | €85k | €65k |
| Cash flow | - | - | - | - |
| Staff costs | €525k | €479k | €362k | €261k |
| Income taxes | €52k | €19k | €31k | €27k |
| Dividends | - | - | - | €85k |
| Total assets | €598k | €400k | €319k | €366k |
| Equity | €436k | €292k | €245k | €160k |
| Debt | €162k | €107k | €74k | €207k |
| of which ≤ 1y | €162k | €107k | €74k | €207k |
| of which > 1y | - | - | - | - |
| Working capital | €436k | €292k | €245k | €160k |
| Employees (FTE) | 7.4 | 7.0 | 7.0 | 5.0 |
Ratios (computed)
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 3.68 | 3.72 | 4.32 | 1.77 |
| Quick ratio | 3.68 | 3.72 | 4.32 | 1.77 |
| Working capital ratio | 72.9% | 73.1% | 76.9% | 43.5% |
| Solvency | 72.9% | 73.1% | 76.9% | 43.5% |
| Debt / equity | 0.37 | 0.37 | 0.30 | 1.30 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | - | - | - | - |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 24.0% | 11.9% | 26.8% | 17.8% |
| ROE | 32.9% | 16.3% | 34.9% | 41.0% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2024
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €598k | €400k | €319k | €366k |
| Current assets | 29/58 | €598k | €400k | €319k | €366k |
| Stocks & contracts in progress | 3 | - | - | - | €358 |
| Amounts receivable within one year | 40/41 | €295k | €82k | €122k | €100k |
| Cash & bank | 54/58 | €303k | €318k | €196k | €265k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €598k | €400k | €319k | €366k |
| Equity | 10/15 | €436k | €292k | €245k | €160k |
| Contributions / capital | 10/11 | €20k | €20k | €20k | €20k |
| Accumulated profits (losses) | 14 | €415k | €272k | €224k | €139k |
| Amounts payable | 17/49 | €162k | €107k | €74k | €207k |
| Amounts payable within one year | 42/48 | €162k | €107k | €74k | €207k |
| Trade debts payable within one year | 44 | €63k | €51k | €24k | €27k |
| Income statement | |||||
| Gross operating margin | 9900 | €710k | €548k | €479k | €355k |
| Operating result | 9901 | €185k | €67k | €117k | €94k |
| Financial income | 75 | €11k | - | €12 | €1 |
| Financial charges | 65 | €219 | €243 | €414 | €1k |
| Result before taxes | 9903 | €195k | €67k | €116k | €93k |
| Income taxes | 67/77 | €52k | €19k | €31k | €27k |
| Net result for the period | 9904 | €143k | €48k | €85k | €65k |
| Result to be appropriated | 9905 | €143k | €48k | €85k | €65k |
Legal Structure
| NACE primary | Computer programming(62100) |
| Legal form | Private limited company(610) |
| Incorporation | 04-01-2016 |
| Status | Active |
| Postal code | 1050 |
Establishment units
LWM BELGIUM
since 20162.253.487.073
Real-estate footprint
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0211/00W012 | Brussels | 266 m² | 1 · 265 m² | 34.0 m · 5 fl. |
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.
Updates
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2021net €143k ▲201%
Operating result €185k, net result €143k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €48k ▼44.2%
Net result drops to €48k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity doublescurrent ratio 4.32
Current ratio from 1.77 to 4.32; short-term debt falls from €207k to €74k.
31-12
Financial
Equity above €200kEq €245k ▲53.5%
2 profitable years in a row build equity to €245k.
22-12
State Gazette act
Director changes
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 3 years ago
2022
22-12-2022 FLORENT DAVERSIN appointed as statutory auditor
- FLORENT DAVERSIN, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "FLORENT DAVERSIN",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_granted",
"role": "commissaris",
"person": {
"rrn": null,
"name": "FLORENT DAVERSIN",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": null,
"filing_date": "2022-12-13",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-07-28",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0645.536.879",
"name_full": "VO2 BELGIUM",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "FLORENT DAVERSIN",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Credit advice
Company registry (CBE)
Activities
Computer programming, consultancy and related activities62010Computer programming62100IT consultancy62020Computer programming, consultancy and related activities62030Computer consultancy and computer facilities management62200Computing infrastructure, data processing, hosting and related activities63100Computing infrastructure, data processing, hosting and other information service activities63110Computing infrastructure, data processing, hosting and other information service activities63120Web portal activities63910
Names & trade names
| Legal nameFR | VO2 Belgium |
Similar companies
INFOPOLIS
BE 0464.653.457 · Jette
Saelens Stijn Consultancy
BE 0833.560.788 · Aalter
KCM Consulting
BE 0824.948.079 · Antwerpen
HATCH GROUP
BE 0695.418.239 · Leuven
D.B.D. SOFTWARE
BE 0448.587.089 · Schilde