VOK PROJECTS
ActiveVOK PROJECTS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €105k and a net result of €11k. Equity is growing by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 64% of 7415 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76=
Solvency82▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 4.81 against 3.64 in 2024; short-term debt: 8.6% and cash: 2.5% of total assets), and 43.5% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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
56.5%
Return on assets
5.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-11-2025, 66 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
66 d early
2024
45 d early
2023
41 d early
2022
33 d early
2021
40 d early
2020
34 d early
2019
53 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€105k▲ 11.3%
2024 · €95k
2019: €13k
2020: €28k
2021: €43k
2022: €67k
2023: €84k
2024: €95k
2019 → 2025
Total assets
€186k▲ 0.6%
2024 · €185k
2019: €28k
2020: €47k
2021: €162k
2022: €173k
2023: €194k
2024: €185k
2019 → 2025
Net result
€11k▲ 4.8%
2024 · €10k
2019: €7k
2020: €15k
2021: €15k
2022: €24k
2023: €17k
2024: €10k
2019 → 2025
Working capital
€61k▲ 18.6%
2024 · €51k
2019: €8k
2020: €24k
2021: €35k
2022: €27k
2023: €38k
2024: €51k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€67k▲ 55.5%€84k▲ 26.0%€95k▲ 12.1%€105k▲ 11.3%
Operating result€19k-€35k▲ 80.0%€22k▼ 35.4%€15k▼ 33.7%€16k▲ 10.3%
Net result€15k-€24k▲ 63.1%€17k▼ 27.2%€10k▼ 41.6%€11k▲ 4.8%
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 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €186k
Fixed assets
€109k▼ 4.3%
Current assets
€77k▲ 8.6%
Equity and liabilities €186k
Equity
€105k▲ 11.3%
Debt
€81k▼ 10.5%
The debt ratio falls from 48.9% to 43.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▲
2024 · €25k
Cash flow
€22k▲
2024 · €21k
Solvency
56.5%▲
2024 · 51.1%
Current ratio
4.81▲
2024 · 3.64
Quick ratio
4.69▲
2024 · 3.28
Debt / equity
0.77▼
2024 · 0.96
ROE
10.1%▼
2024 · 10.8%
ROA
5.7%▲
2024 · 5.5%
Interest coverage
20.39▲
2024 · 17.97
Debt
€81k▼
2024 · €90k
Debt ≤ 1 year
€16k▼
2024 · €19k
Debt > 1 year
€65k▼
2024 · €71k
Income taxes
€4k▲
2024 · €4k
Staff costs
€2k▲
2024 · €1k
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€185k€186k▲
Fixed assets21/28€114k€109k▼
Tangible fixed assets22/27€114k€109k▼
Land and buildings22€98k€95k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€9k€9k▼
Current assets29/58€71k€77k▲
Stocks and contracts in progress3€7k€2k▼
Stocks30/36€2k€2k=
Contracts in progress37€5k-
Amounts receivable within one year40/41€49k€68k▲
Trade receivables40€27k€26k▼
Other amounts receivable41€21k€41k▲
Cash at bank and in hand54/58€11k€5k▼
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€185k€186k▲
Equity10/15€95k€105k▲
Contributions10/11€6k€6k=
Reserves13€37k€99k▲
Distributable reserves133€37k€99k▲
Profit (loss) carried forward14€51k-
Amounts payable17/49€90k€81k▼
Amounts payable after more than one year17€71k€65k▼
Financial debts170/4€71k€65k▼
Amounts payable within one year42/48€19k€16k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€7k€3k▼
Suppliers440/4€7k€3k▼
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€5k▼
Remuneration and social security454/9€79€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1k€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€28k€31k▲
Operating profit (loss)9901€15k€16k▲
Financial income75/76B€441€5▼
Recurring financial income75€441€5▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€14k€15k▲
Income taxes67/77€4k€4k▲
Profit (loss) for the period9904€10k€11k▲
Profit (loss) for the period to be appropriated9905€10k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€51k€62k▲
Profit (loss) brought forward from the previous period14P€41k€51k▲
Transfer to equity691/2-€62k
To other reserves6921-€62k
The notes to these accounts (6 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
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Equity above €100kEq €105k ▲11.3%
7 profitable years in a row build equity to €105k.
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2019net €24k ▲63.1%
Operating result €35k, net result €24k, both a record.
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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, Oostende · 1 establishment unit since 2017
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.
Kuifeendstraat 378400 OostendeGround area
334 m²
Building footprint
120 m²
Volume, LiDAR
584 m³
Parcel 35020B0535/00N003, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VOK PROJECTS
since 20172.267.203.269
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0535/00N003 | Flanders | 334 m² | 1 · 120 m² | 6.2 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 218 EUR awarded · 218 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 218 EUR |
| 2023 | 1 | 218 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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PLUS PROJECTS
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 13,090 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-08-2017
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
43110Demolition
43120Site preparation
43331Floor and wall tiling
43910Bricklaying and masonry work
43990Other specialised construction activities
43994Specialised construction activities
43995Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.