VOUVRAY
ActiveSummary
VOUVRAY has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €10k. Equity is growing by ~8.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability45▲+7
Solvency27▲+1
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.03 against 0.06 in 2024; short-term debt: 97.7% and cash: 2.7% of total assets), and 97.7% of the assets are financed with debt.
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 · 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
2.3%
Return on assets
0.9%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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 · 7 filingsDeviation from the deadline
2025
10 d late
2024
12 d late
2023
28 d late
2022
7 d late
2021
2 d late
2020
19 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▲ 60.9%
2024 · €16k
2021: €18k
2022: €19k▲ +6.7% vs 2021
2023: €14k▼ -24.5% vs 2022lowest in 5 years
2024: €16k▲ +15.1% vs 2023
2025: €26k▲ +60.9% vs 2024highest in 5 years
2021 → 2025
Total assets
€1.16M▼ 5.4%
2024 · €1.22M
2021: €272k
2022: €266k▼ -2.1% vs 2021lowest in 5 years
2023: €1.27M▲ +378% vs 2022highest in 5 years
2024: €1.22M▼ -3.9% vs 2023
2025: €1.16M▼ -5.4% vs 2024
2021 → 2025
Net result
€10k▲ 364%
2024 · €2k
2021: €385
2022: €1k▲ +207% vs 2021
2023: €-5k▼ -490% vs 2022lowest in 5 years
2024: €2k▲ +147% vs 2023
2025: €10k▲ +364% vs 2024highest in 5 years
2021 → 2025
Working capital
€-1.10M▲ 3.5%
2024 · €-1.14M
2021: €-241k
2022: €-237k▲ +1.8% vs 2021highest in 5 years
2023: €-1.18M▼ -400% vs 2022lowest in 5 years
2024: €-1.14M▲ +3.7% vs 2023
2025: €-1.10M▲ +3.5% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€19k▲ 6.7%€14k▼ 24.5%€16k▲ 15.1%€26k▲ 60.9%
2021: €18k
2022: €19k▲ +6.7% vs 2021
2023: €14k▼ -24.5% vs 2022lowest in 5 years
2024: €16k▲ +15.1% vs 2023
2025: €26k▲ +60.9% vs 2024highest in 5 years
Operating result€8k-€9k▲ 7.5%€12k▲ 39.0%€37k▲ 204%€39k▲ 4.9%
2021: €8klowest in 5 years
2022: €9k▲ +7.5% vs 2021
2023: €12k▲ +39.0% vs 2022
2024: €37k▲ +204% vs 2023
2025: €39k▲ +4.9% vs 2024highest in 5 years
Net result€385-€1k▲ 207%€-5k€2k€10k▲ 364%
2021: €385
2022: €1k▲ +207% vs 2021
2023: €-5k▼ -490% vs 2022lowest in 5 years
2024: €2k▲ +147% vs 2023
2025: €10k▲ +364% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.16M
Fixed assets
€1.13M ▼ 2.6%
Current assets
€31k ▼ 53.7%
Equity and liabilities €1.16M
Equity
€26k ▲ 60.9%
Debt
€1.13M ▼ 6.3%
Debt's share of the balance-sheet total falls from 98.7% to 97.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€81k▲
2024 · €79k
Cash flow
€52k▲
2024 · €44k
Current ratio
0.03▼
2024 · 0.06
Debt to equity
43.00▼
2024 · 73.80
ROE
37.8%▲
2024 · 13.1%
ROA
0.9%▲
2024 · 0.2%
Interest coverage
2.99▲
2024 · 2.28
Debt ≤ 1 year
€1.13M▼
2024 · €1.21M
Income taxes
€2k
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 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.22M€1.16M▼
Fixed assets21/28€1.16M€1.13M▼
Tangible fixed assets22/27€1.16M€1.13M▼
Land and buildings22€1.16M€1.13M▼
Current assets29/58€67k€31k▼
Cash at bank and in hand54/58€67k€31k▼
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.16M▼
Equity10/15€16k€26k▲
Contributions10/11€19k€19k=
Reserves13€57€57=
Non-distributable reserves130/1€57€57=
Reserves not available under the articles1311€57€57=
Profit (loss) carried forward14€-2k€8k▲
Amounts payable17/49€1.21M€1.13M▼
Amounts payable within one year42/48€1.21M€1.13M▼
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Other amounts payable47/48€1.20M€1.13M▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€42k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€83k€86k▲
Operating profit (loss)9901€37k€39k▲
Financial income75/76B-€435
Recurring financial income75-€435
Financial charges65/66B€35k€27k▼
Recurring financial charges65€35k€27k▼
Profit (loss) for the period before taxes9903€2k€12k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€2k€10k▲
Profit (loss) for the period to be appropriated9905€2k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€8k▲
Profit (loss) brought forward from the previous period14P€-4k€-2k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €9k | €24k | €42k | €42k | ▲ 0.5% |
| Other operating charges640/8 | €2k | €2k | €3k | €4k | €5k | ▲ 13.0% |
| Non-recurring operating charges66A | - | - | €568 | - | - | - |
| Gross operating margin9900 | €19k | €21k | €40k | €83k | €86k | ▲ 3.1% |
| Operating profit (loss)9901 | €8k | €9k | €12k | €37k | €39k | ▲ 4.9% |
| Financial income75/76B | - | €0 | - | - | €435 | - |
| Recurring financial income75 | - | €0 | - | - | €435 | - |
| Financial charges65/66B | €8k | €8k | €17k | €35k | €27k | ▼ 22.0% |
| Recurring financial charges65 | €8k | €8k | €17k | €35k | €27k | ▼ 22.0% |
| Profit (loss) for the period before taxes9903 | €385 | €1k | €-5k | €2k | €12k | ▲ 458% |
| Income taxes67/77 | - | - | €48 | - | €2k | - |
| Profit (loss) for the period9904 | €385 | €1k | €-5k | €2k | €10k | ▲ 364% |
| Profit (loss) for the period to be appropriated9905 | €385 | €1k | €-5k | €2k | €10k | ▲ 364% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €272k | €266k | €1.27M | €1.22M | €1.16M | ▼ 5.4% |
| Fixed assets21/28 | €259k | €255k | €1.20M | €1.16M | €1.13M | ▼ 2.6% |
| Tangible fixed assets22/27 | €259k | €255k | €1.20M | €1.16M | €1.13M | ▼ 2.6% |
| Land and buildings22 | €259k | €255k | €1.20M | €1.16M | €1.13M | ▼ 2.6% |
| Current assets29/58 | €13k | €11k | €75k | €67k | €31k | ▼ 53.7% |
| Amounts receivable within one year40/41 | - | - | €4k | - | - | - |
| Trade receivables40 | - | - | €4k | - | - | - |
| Cash at bank and in hand54/58 | €13k | €11k | €71k | €67k | €31k | ▼ 53.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €272k | €266k | €1.27M | €1.22M | €1.16M | ▼ 5.4% |
| Equity10/15 | €18k | €19k | €14k | €16k | €26k | ▲ 60.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €57 | €57 | €57 | €57 | €57 | = |
| Non-distributable reserves130/1 | €57 | €57 | €57 | €57 | €57 | = |
| Reserves not available under the articles1311 | €57 | €57 | €57 | €57 | €57 | = |
| Profit (loss) carried forward14 | €-1k | €170 | €-4k | €-2k | €8k | ▲ 433% |
| Amounts payable17/49 | €255k | €248k | €1.26M | €1.21M | €1.13M | ▼ 6.3% |
| Amounts payable within one year42/48 | €255k | €248k | €1.26M | €1.21M | €1.13M | ▼ 6.3% |
| Trade debts44 | - | - | €6k | €1k | €3k | ▲ 79.8% |
| Suppliers440/4 | - | - | €6k | €1k | €3k | ▲ 79.8% |
| Taxes, remuneration and social security45 | €2k | €2k | €6k | €6k | €3k | ▼ 42.8% |
| Taxes450/3 | €2k | €2k | €6k | €6k | €3k | ▼ 42.8% |
| Other amounts payable47/48 | €252k | €245k | €1.25M | €1.20M | €1.13M | ▼ 6.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €385 | €1k | €-5k | €2k | €10k | ▲ 364% |
| + Depreciation and write-downs630 | €9k | €9k | €24k | €42k | €42k | ▲ 0.5% |
| Operating cash flow (approximation) | €9k | €11k | €19k | €44k | €52k | ▲ 18.2% |
| Investment in fixed assets (approximation) | - | €-6k | €-967k | €0 | €-12k | - |
| Change in cash | - | €-2k | €60k | €-4k | €-36k | ▼ 879% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
31-12
Financial
Highest result since 2021net €10k ▲364%
Operating result €39k, net result €10k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Herve · 1 establishment unit since 2018
Ground area
1.4 ha
Building footprint
8,952 m²
Volume, LiDAR
62,224 m³
Parcel 63014A0644/00C000, Wallonia · tallest building 15.7 m, ±2 floors. Linked by address, not a title deed.
37
companies at this address
See who is registered here
1 establishment unit
Avenue du Parc 22, 4650 Herve
since 20182.283.104.143
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63014A0644/00C000 | Wallonia | 1.4 ha | 1 · 8,952 m² | 15.7 m · 2 fl. |
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.
Identification & contact
Identification
Legal formPrivate limited company
Founded14-09-2018
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.