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VOS

Active
Private limited companyfounded 199134 yrs activeMechelsesteenweg 31, 1910 Kampenhout, BelgiumKBO/BCE: BE 0446.196.931
Summary

VOS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1.41M) and a net result of €-2.45M. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 6% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-36
Solvency0▼-46
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.77 in 2024; short-term debt: 164.1% and cash: 0.1% of total assets), and equity is negative.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
-67.7%
Return on assets
-118.2%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €-1.41M
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 22-01-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 d early
2024
7 d early
2023
48 d early
2022
35 d early
2021
3 d early
2020
11 d early
2019
24 d early
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-1.41M
2024 · €1.05M
2019: €808k 2020: €814k▲ +0.8% vs 2019 2021: €759k▼ -6.7% vs 2020 2022: €741k▼ -2.4% vs 2021 2023: €918k▲ +23.8% vs 2022 2024: €1.05M▲ +14.1% vs 2023highest in 7 years 2025: €-1.41M▼ -234% vs 2024lowest in 7 years
2019 → 2025
Total assets
€2.08M▼ 59.0%
2024 · €5.06M
2019: €4.30M 2020: €4.36M▲ +1.5% vs 2019 2021: €4.28M▼ -1.9% vs 2020 2022: €4.37M▲ +2.3% vs 2021 2023: €4.89M▲ +11.8% vs 2022 2024: €5.06M▲ +3.5% vs 2023highest in 7 years 2025: €2.08M▼ -59.0% vs 2024lowest in 7 years
2019 → 2025
Net result
€-2.45M
2024 · €130k
2019: €3k 2020: €6k▲ +84.6% vs 2019 2021: €-55k▼ -980% vs 2020 2022: €-18k▲ +66.5% vs 2021 2023: €177k▲ +1064% vs 2022highest in 7 years 2024: €130k▼ -26.7% vs 2023 2025: €-2.45M▼ -1993% vs 2024lowest in 7 years
2019 → 2025
Working capital
€-3.29M▼ 264%
2024 · €-904k
2019: €-841khighest in 7 years 2020: €-892k▼ -6.1% vs 2019 2021: €-1.00M▼ -12.4% vs 2020 2022: €-1.07M▼ -6.5% vs 2021 2023: €-949k▲ +11.1% vs 2022 2024: €-904k▲ +4.8% vs 2023 2025: €-3.29M▼ -264% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€759k-€741k▼ 2.4%€918k▲ 23.8%€1.05M▲ 14.1%€-1.41M 2021: €759k 2022: €741k▼ -2.4% vs 2021 2023: €918k▲ +23.8% vs 2022 2024: €1.05M▲ +14.1% vs 2023highest in 5 years 2025: €-1.41M▼ -234% vs 2024lowest in 5 years
Operating result€-11k-€34k€281k▲ 722%€246k▼ 12.4%€-2.32M 2021: €-11k 2022: €34k▲ +399% vs 2021 2023: €281k▲ +722% vs 2022highest in 5 years 2024: €246k▼ -12.4% vs 2023 2025: €-2.32M▼ -1045% vs 2024lowest in 5 years
Net result€-55k-€-18k▲ 66.5%€177k€130k▼ 26.7%€-2.45M 2021: €-55k 2022: €-18k▲ +66.5% vs 2021 2023: €177k▲ +1064% vs 2022highest in 5 years 2024: €130k▼ -26.7% vs 2023 2025: €-2.45M▼ -1993% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-3.00M€-2.00M€-1.00M€0Operating result 2021: €-11k€-11kNet result 2021: €-55k€-55kOperating result 2022: €34k€34kNet result 2022: €-18k€-18kOperating result 2023: €281k€281kNet result 2023: €177k€177kOperating result 2024: €246k€246kNet result 2024: €130k€130kOperating result 2025: €-2.32M€-2.32MNet result 2025: €-2.45M€-2.45M20212022202320242025€-3M€-2M€-1M€0Operating result 2023: €281k€281kNet result 2023: €177k€177kOperating result 2024: €246k€246kNet result 2024: €130k€130kOperating result 2025: €-2.32M€-2.3MNet result 2025: €-2.45M€-2.5M202320242025
The operating result turns negative in 2025: a loss of €2.32M after €246k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.08M
Fixed assets €1.96M ▼ 4.2%
Current assets €120k ▼ 96.0%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-2.24M▼
2024 · €333k
Cash flow
€-2.37M▼
2024 · €216k
Solvency
-67.7%▼
2024 · 20.7%
Current ratio
0.04▼
2024 · 0.77
Debt to equity
-2.48▼
2024 · 3.83
ROA
-118.2%▼
2024 · 2.6%
Interest coverage
-16.97▼
2024 · 1.69
Debt
€3.48M▼
2024 · €4.01M
Debt ≤ 1 year
€3.41M▼
2024 · €3.92M
Debt > 1 year
€48k▼
2024 · €91k
Income taxes
€-4▼
2024 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€5.06M€2.08M▼
Fixed assets21/28€2.04M€1.96M▼
Tangible fixed assets22/27€2.04M€1.96M▼
Land and buildings22€1.37M€1.29M▼
Other tangible fixed assets26€670k€670k=
Current assets29/58€3.02M€120k▼
Amounts receivable within one year40/41€2.98M€119k▼
Trade receivables40€367k€53k▼
Other amounts receivable41€2.62M€66k▼
Cash at bank and in hand54/58€13k€1k▼
Deferred charges and accrued income490/1€21k-
Equity and liabilities
Total equity and liabilities10/49€5.06M€2.08M▼
Equity10/15€1.05M€-1.41M▼
Contributions10/11€58k€58k=
Reserves13€673k€6k▼
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€667k-
Profit (loss) carried forward14€316k€-1.47M▼
Amounts payable17/49€4.01M€3.48M▼
Amounts payable after more than one year17€91k€48k▼
Financial debts170/4€91k€48k▼
Amounts payable within one year42/48€3.92M€3.41M▼
Current portion of amounts payable after more than one year42€152k€45k▼
Trade debts44€2k€383▼
Suppliers440/4€2k€383▼
Taxes, remuneration and social security45€46k€120▼
Taxes450/3€46k€120▼
Other amounts payable47/48€3.72M€3.36M▼
Accrued charges and deferred income492/3-€26k
Income statement Code20242025
Non-recurring operating income76A€16k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€87k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€-117k▼
Other operating charges640/8€22k€47k▲
Non-recurring operating charges66A-€2.60M
Gross operating margin9900€352k€294k▼
Operating profit (loss)9901€246k€-2.32M▼
Financial income75/76B€121k€4k▼
Recurring financial income75€121k€4k▼
Financial charges65/66B€197k€132k▼
Recurring financial charges65€197k€132k▼
Profit (loss) for the period before taxes9903€171k€-2.45M▼
Income taxes67/77€41k€-4▼
Profit (loss) for the period9904€130k€-2.45M▼
Profit (loss) for the period to be appropriated9905€130k€-2.45M▼
Appropriation of the result
Profit (loss) to be appropriated9906€316k€-2.14M▼
Profit (loss) brought forward from the previous period14P€187k€316k▲
Transfer from equity791/2-€667k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A---€16k--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€91k€87k€87k€87k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€484€9k€-3k€-117k▼ 4,150%
Other operating charges640/8-€12k€27k€22k€47k▲ 113%
Non-recurring operating charges66A----€2.60M-
Gross operating margin9900€147k€137k€404k€352k€294k▼ 16.4%
Operating profit (loss)9901€-11k€34k€281k€246k€-2.32M▼ 1,045%
Financial income75/76B-€48k€119k€121k€4k▼ 97.1%
Recurring financial income75€28k€48k€119k€121k€4k▼ 97.1%
Financial charges65/66B-€100k€203k€197k€132k▼ 32.9%
Recurring financial charges65€71k€100k€203k€197k€132k▼ 32.9%
Profit (loss) for the period before taxes9903€-55k€-18k€197k€171k€-2.45M▼ 1,536%
Income taxes67/77--€20k€41k€-4▼ 100%
Profit (loss) for the period9904€-55k€-18k€177k€130k€-2.45M▼ 1,993%
Profit (loss) for the period to be appropriated9905€-55k€-18k€177k€130k€-2.45M▼ 1,993%
Line20212022202320242025Change
Assets
Total assets20/58€4.28M€4.37M€4.89M€5.06M€2.08M▼ 59.0%
Fixed assets21/28€2.31M€2.22M€2.13M€2.04M€1.96M▼ 4.2%
Tangible fixed assets22/27€2.31M€2.22M€2.13M€2.04M€1.96M▼ 4.2%
Land and buildings22-€1.55M€1.46M€1.37M€1.29M▼ 6.3%
Other tangible fixed assets26-€670k€670k€670k€670k=
Current assets29/58€1.97M€2.16M€2.76M€3.02M€120k▼ 96.0%
Amounts receivable within one year40/41€1.97M€2.16M€2.76M€2.98M€119k▼ 96.0%
Trade receivables40-€133k€450k€367k€53k▼ 85.5%
Other amounts receivable41-€2.02M€2.31M€2.62M€66k▼ 97.5%
Cash at bank and in hand54/58€114€138€206€13k€1k▼ 90.7%
Deferred charges and accrued income490/1---€21k--
Equity and liabilities
Total equity and liabilities10/49€4.28M€4.37M€4.89M€5.06M€2.08M▼ 59.0%
Equity10/15€759k€741k€918k€1.05M€-1.41M▼ 234%
Contributions10/11-€58k€58k€58k€58k=
Reserves13€673k€673k€673k€673k€6k▼ 99.1%
Non-distributable reserves130/1-€6k€6k€6k€6k=
Reserves not available under the articles1311-€6k€6k€6k€6k=
Distributable reserves133-€667k€667k€667k--
Profit (loss) carried forward14€28k€10k€187k€316k€-1.47M▼ 565%
Amounts payable17/49€3.52M€3.63M€3.97M€4.01M€3.48M▼ 13.2%
Amounts payable after more than one year17€540k€391k€241k€91k€48k▼ 46.8%
Financial debts170/4-€391k€241k€91k€48k▼ 46.8%
Amounts payable within one year42/48€2.97M€3.23M€3.71M€3.92M€3.41M▼ 13.1%
Current portion of amounts payable after more than one year42-€148k€149k€152k€45k▼ 70.7%
Financial debts43-€650€405---
Credit institutions430/8-€650€405---
Trade debts44€8k€723€11k€2k€383▼ 80.0%
Suppliers440/4-€723€11k€2k€383▼ 80.0%
Taxes, remuneration and social security45-€614€21k€46k€120▼ 99.7%
Taxes450/3-€614€21k€46k€120▼ 99.7%
Other amounts payable47/48-€3.08M€3.53M€3.72M€3.36M▼ 9.7%
Accrued charges and deferred income492/3-€16k€21k-€26k-
Line20212022202320242025Change
Profit (loss) for the period9904€-55k€-18k€177k€130k€-2.45M▼ 1,993%
+ Depreciation and write-downs630€92k€91k€87k€87k€87k=
Operating cash flow (approximation)€38k€73k€263k€216k€-2.37M▼ 1,194%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€24€68€13k€-12k▼ 192%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
14-08
State Gazette act Algemene Vergadering - Boekjaar
Statutes amendment3 facts ▸
  • General meeting, 10 augustus 2026
  • Statutes amendment
  • Statutes amendment
22-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Weakest financial yearnet €-2.45M
Net result drops to €-2.45M, the lowest in the series.
24-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Equity above €1MEq €1.05M ▲14.1%
2 profitable years in a row build equity to €1.05M.
2023
14-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Back to profitnet €177k
Net result €177k after 2 loss-making years.
2022
27-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
28-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
20-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-01
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.
1 of 7 acts read
About the unread acts

Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kampenhout · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
1.4 ha
Building footprint
5,030 m²
Volume, LiDAR
2 m³
Parcel 23038A0437/00A000, Flanders · tallest building 0.4 m. Linked by address, not a title deed.
13 companies at this address See who is registered here
1 establishment unit
VOS
Mechelsesteenweg 31, 1910 KampenhoutReal estate activities
since 19992.055.790.581
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23038A0437/00A000 Flanders 1.4 ha 1 · 5,030 m² 0.4 m
Linked by address, not proof of ownership
Good to know
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

Of 7,326 companies in sector 68110 we hold annual accounts for 5,385. 3,196 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded27-12-1991
Fiscal year end30-06
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
77110Renting and leasing of cars and light motor vehicles
77120Rental and leasing activities

Scores and ratios are computed by Checked and are not a credit decision.