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VOSSENBERG

Active
Public limited companyfounded 2011active for 14 yearsDendermondesteenweg 531, 9070 Destelbergen, BelgiumKBO/BCE: BE 0840.973.172
Summary

VOSSENBERG has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €427,613 and a net result of €55,552. Equity is growing by about 9.2% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, full format

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
≈ €320,000
Estimated: probably between €200,000 and €600,000
EBIT margin
Not included in this filing
Net result
€55,552
2024 · -€45,992
Working capital
€2.1m▲ 13.7%
2024 · €1.8m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is over 3.5 times 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.06m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.005m-€0.002m€0.1m▲ 63×€0.08m▼ 41.9%€0.002m▼ 97.2%€0.2m▲ 102×€0.04m▼ 84.0%€0.1m▲ 253%
Net result-€0.01m--€0.002m▲ 83.4%€0.08m€0.03m▼ 58.4%-€0.03m€0.1m-€0.05m€0.06m
Equity€0.2m-€0.2m▲ 0.2%€0.3m▲ 32.5%€0.4m▲ 10.2%€0.3m▼ 9.3%€0.4m▲ 31.6%€0.4m▼ 11.0%€0.4m▲ 14.9%
Total assets€2.2m-€2.3m▲ 2.3%€1.3m▼ 44.0%€1.3m▲ 4.3%€2.6m▲ 96.2%€3.5m▲ 34.0%€2.5m▼ 26.5%€3.6m▲ 41.4%
Debt€2.0m-€2.0m▲ 2.7%€0.9m▼ 53.3%€1.0m▲ 3.1%€2.3m▲ 134%€3.0m▲ 34.3%€2.2m▼ 28.6%€3.2m▲ 45.9%
Working capital€1.2m-€1.1m▼ 6.0%€0.4m▼ 68.8%€1.2m▲ 241%€1.2m▼ 2.8%€1.3m▲ 9.9%€1.8m▲ 42.1%€2.1m▲ 13.7%
Staff (FTE)0
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €3.6m
Equity €427,613 ▲ 14.9%
Debt €3.2m ▲ 45.9%
Debt's share of the balance-sheet total rises from 85.4% to 88.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
2.36▼
2024 · 3.51
Quick ratio
1.05▲
2024 · 0.00
Debt to equity
7.42▲
2024 · 5.85
ROE
13.0%▲
2024 · -12.4%
ROA
1.5%▲
2024 · -1.8%
Debt ≤ 1 year
€1.5m▲
2024 · €724,777
Debt > 1 year
€1.6m▲
2024 · €1.5m
Income taxes
€3,480▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,107 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 98.0% are still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.0% went bankrupt
0.9% stopped otherwise
98.0% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 4,107 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.5m€3.6m▲
Current assets29/58€2.5m€3.6m▲
Stocks and contracts in progress3€2.5m€2.0m▼
Stocks30/36€2.5m€2.0m▼
Amounts receivable within one year40/41-€0.3m
Trade receivables40-€0.07m
Other amounts receivable41-€0.2m
Cash at bank and in hand54/58€0.002m€1.3m▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€2.5m€3.6m▲
Equity10/15€0.4m€0.4m▲
Contributions10/11€0.2m€0.2m=
Capital10€0.2m€0.2m=
Issued capital100€0.2m€0.2m=
Reserves13€0.02m€0.02m▲
Non-distributable reserves130/1€0.02m€0.02m▲
Legal reserve130€0.02m€0.02m▲
Profit (loss) carried forward14€0.2m€0.2m▲
Amounts payable17/49€2.2m€3.2m▲
Amounts payable after more than one year17€1.5m€1.6m▲
Financial debts170/4€1.5m€1.6m▲
Amounts payable within one year42/48€0.7m€1.5m▲
Financial debts43€0.5m€0.5m▼
Credit institutions430/8€0.5m€0.5m▼
Trade debts44€0.005m€0.01m▲
Suppliers440/4€0.005m€0.01m▲
Taxes, remuneration and social security45€0.002m€0.005m▲
Taxes450/3€0.002m€0.005m▲
Other amounts payable47/48€0.3m€1.1m▲
Accrued charges and deferred income492/3€398€0.04m▲
Income statement Code20242025
Non-recurring operating income76A-€192
Other operating charges640/8€0.001m€0.001m▲
Gross operating margin9900€0.04m€0.1m▲
Operating profit (loss)9901€0.04m€0.1m▲
Financial income75/76B€78€84▲
Recurring financial income75€78€84▲
Financial charges65/66B€0.08m€0.07m▼
Recurring financial charges65€0.08m€0.07m▼
Profit (loss) for the period before taxes9903-€0.05m€0.06m▲
Income taxes67/77€0€0.003m▲
Profit (loss) for the period9904-€0.05m€0.06m▲
Profit (loss) for the period to be appropriated9905-€0.05m€0.06m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.2m▲
Profit (loss) brought forward from the previous period14P€0.2m€0.2m▼
Transfer to equity691/2€0€0.001m▲
To the legal reserve6920€0€0.001m▲
Social balance sheet
Average headcount (FTE)9087-0.0

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

Line20182019202020212022202320242025Change
Non-recurring operating income76A-------€192-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€0€0------
Other operating charges640/8---€868€900€960€1,258€1,293▲ 2.7%
Gross operating margin9900-€2,908€2,459€134,516€78,503€3,074€222,313€36,732€126,459▲ 244%
Operating profit (loss)9901-€5,011€2,111€133,648€77,635€2,174€221,353€35,474€125,167▲ 253%
Financial income75/76B---€12€0€20€78€84▲ 7.9%
Recurring financial income75-€0€0€12€0€20€78€84▲ 7.9%
Financial charges65/66B---€30,336€34,585€96,187€81,544€66,218▼ 18.8%
Recurring financial charges65€7,670€4,316€32,891€30,336€34,585€96,187€81,544€66,218▼ 18.8%
Profit (loss) for the period before taxes9903-€12,681-€2,205€100,758€47,311-€32,411€125,186-€45,992€59,033-
Transfer from deferred taxes780---€7,521€0----
Income taxes67/77€593€0€22,917€22,462€0€24,759€0€3,480-
Profit (loss) for the period9904-€13,274-€2,205€77,841€32,370-€32,411€100,427-€45,992€55,552-
Transfer from tax-exempt reserves789---€22,562€0----
Profit (loss) for the period to be appropriated9905-€13,274-€2,205€77,841€54,932-€32,411€100,427-€45,992€55,552-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€2.2m€2.3m€1.3m€1.3m€2.6m€3.5m€2.5m€3.6m▲ 41.4%
Formation expenses20-€0€0------
Intangible fixed assets21-€0€0------
Financial fixed assets28-€0€0------
Current assets29/58€2.2m€2.3m€1.3m€1.3m€2.6m€3.5m€2.5m€3.6m▲ 41.4%
Stocks and contracts in progress3€2.2m€2.3m€0.4m€0.5m€2.3m€2.6m€2.5m€2.0m▼ 21.8%
Stocks30/36---€0.5m€2.3m€2.6m€2.5m€2.0m▼ 21.8%
Amounts receivable within one year40/41€56€150-€0.1m€0.008m€0-€0.3m-
Trade receivables40-------€0.07m-
Other amounts receivable41---€0.1m€0.008m€0-€0.2m-
Current investments50/53-€0€0------
Cash at bank and in hand54/58€0.01m€0€0.9m€0.7m€0.3m€0.9m€0.002m€1.3m▲ 812×
Deferred charges and accrued income490/1---€149€0.001m€136€0--
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.3m€1.3m€1.3m€2.6m€3.5m€2.5m€3.6m▲ 41.4%
Equity10/15€0.2m€0.2m€0.3m€0.4m€0.3m€0.4m€0.4m€0.4m▲ 14.9%
Contributions10/11€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m=
Capital10---€0.2m€0.2m€0.2m€0.2m€0.2m=
Issued capital100---€0.2m€0.2m€0.2m€0.2m€0.2m=
Reserves13€0.03m€0.03m€0.03m€0.01m€0.01m€0.02m€0.02m€0.02m▲ 4.4%
Non-distributable reserves130/1---€0.01m€0.01m€0.02m€0.02m€0.02m▲ 4.4%
Legal reserve130---€0.01m€0.01m€0.02m€0.02m€0.02m▲ 4.4%
Profit (loss) carried forward14€0.01m€0.01m€0.08m€0.1m€0.1m€0.2m€0.2m€0.2m▲ 35.8%
Provisions and deferred taxes16€0.01m€0.008m€0.008m------
Amounts payable17/49€2.0m€2.0m€0.9m€1.0m€2.3m€3.0m€2.2m€3.2m▲ 45.9%
Amounts payable after more than one year17€1.0m€0.9m-€0.9m€0.9m€0.9m€1.5m€1.6m▲ 10.9%
Financial debts170/4---€0.9m€0.9m€0.9m€1.5m€1.6m▲ 10.9%
Amounts payable within one year42/48€1.0m€1.1m€0.9m€0.1m€1.4m€2.2m€0.7m€1.5m▲ 111%
Financial debts43----€1.3m€1.2m€0.5m€0.5m▼ 0.4%
Credit institutions430/8----€1.3m€1.2m€0.5m€0.5m▼ 0.4%
Trade debts44-€0.008m€0.001m€0.003m€0.004m€0.002m€0.005m€0.01m▲ 170%
Suppliers440/4---€0.003m€0.004m€0.002m€0.005m€0.01m▲ 170%
Taxes, remuneration and social security45---€0.02m€0.002m€0.03m€0.002m€0.005m▲ 213%
Taxes450/3---€0.02m€0.002m€0.03m€0.002m€0.005m▲ 213%
Other amounts payable47/48---€0.09m€0.1m€1.0m€0.3m€1.1m▲ 298%
Accrued charges and deferred income492/3---€0.001m€0€0.01m€398€0.04m▲ 93×
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€0.01m-€0.002m€0.08m€0.03m-€0.03m€0.1m-€0.05m€0.06m-
+ Depreciation and write-downs630-€0€0------
Operating cash flow (approximation)-€0.01m-€0.002m€0.08m€0.03m-€0.03m€0.1m-€0.05m€0.06m-
Change in cash--€0.01m€0.9m-€0.1m-€0.4m€0.6m-€0.9m€1.3m-

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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Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 06-07-2026 2026-00281384
31-12-2024 abbreviated format 28-07-2025 2025-00334205
31-12-2023 abbreviated format 30-07-2024 2024-00315528
31-12-2022 abbreviated format 28-07-2023 2023-00297813
31-12-2021 abbreviated format 29-07-2022 2022-20257242
31-12-2020 abbreviated format 23-07-2021 2021-39600331
31-12-2019 micro format 04-06-2020 2020-14800473
31-12-2018 micro format 21-08-2019 2019-49200178
31-12-2017 micro format 03-07-2018 2018-29300023
31-12-2016 micro format 08-08-2017 2017-41900237

Show all 14 filings

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