VP Design
ActiveThe computed 12-month bankruptcy probability of VP Design is 1.9% (moderate). The 2025 annual accounts show equity of €32k and a net result of €31k. Its solvency ranks better than 27% of 1902 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+28
Solvency49▲+22
Growth78
Track record82
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.32 in 2024; short-term debt: 65.9% and cash: 17.9% of total assets), and 76.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
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
23.6%
Return on assets
22.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 2 filingsDeviation from the deadline
2025
28 d late
2024
14 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€32k▲ 1,069%
2024 · €3k
2024: €3k
2024 → 2025
Total assets
€136k▼ 10.5%
2024 · €152k
2024: €152k
2024 → 2025
Net result
€31k
2024 · €-267
2024: €-267
2024 → 2025
Working capital
€-35k▲ 65.8%
2024 · €-102k
2024: €-102k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€3k-€32k▲ 1,069%
Operating result€5k-€43k▲ 715%
Net result€-267-€31k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 715% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136k
Fixed assets
€81k▼ 22.3%
Current assets
€55k▲ 15.8%
Equity and liabilities €136k
Equity
€32k▲ 1,069%
Debt
€104k▼ 30.3%
The debt ratio falls from 98.2% to 76.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€66k▲
2024 · €28k
Cash flow
€54k▲
2024 · €23k
Solvency
23.6%▲
2024 · 1.8%
Current ratio
0.61▲
2024 · 0.32
Quick ratio
0.38▲
2024 · 0.22
Debt / equity
3.24▼
2024 · 54.44
ROE
96.7%▲
2024 · -9.8%
ROA
22.8%▲
2024 · -0.2%
Interest coverage
17.46▲
2024 · 6.10
Debt
€104k▼
2024 · €149k
Debt ≤ 1 year
€89k▼
2024 · €149k
Debt > 1 year
€14k
Income taxes
€8k▲
2024 · €998
Staff costs
€48k▼
2024 · €56k
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€152k€136k▼
Fixed assets21/28€104k€81k▼
Tangible fixed assets22/27€104k€81k▼
Plant, machinery and equipment23€20k€15k▼
Furniture and vehicles24€71k€53k▼
Assets under construction and advance payments27€13k€13k=
Current assets29/58€47k€55k▲
Stocks and contracts in progress3€15k€21k▲
Stocks30/36€15k€21k▲
Amounts receivable within one year40/41€27k€6k▼
Trade receivables40€23k€6k▼
Other amounts receivable41€5k-
Cash at bank and in hand54/58€3k€24k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€152k€136k▼
Equity10/15€3k€32k▲
Contributions10/11€3k€3k=
Reserves13-€29k
Distributable reserves133-€29k
Profit (loss) carried forward14€-267-
Amounts payable17/49€149k€104k▼
Amounts payable after more than one year17-€14k
Financial debts170/4-€14k
Amounts payable within one year42/48€149k€89k▼
Current portion of amounts payable after more than one year42-€4k
Trade debts44€85k€39k▼
Suppliers440/4€76k€35k▼
Bills of exchange payable441€8k€3k▼
Taxes, remuneration and social security45€3k€19k▲
Taxes450/3€998€16k▲
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€61k€28k▼
Income statement
Code20242025
Remuneration, social security and pensions62€56k€48k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€89k€118k▲
Operating profit (loss)9901€5k€43k▲
Financial income75/76B€109€1▼
Recurring financial income75€109€1▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€731€39k▲
Income taxes67/77€998€8k▲
Profit (loss) for the period9904€-267€31k▲
Profit (loss) for the period to be appropriated9905€-267€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-267€31k▲
Profit (loss) brought forward from the previous period14P-€-267
Transfer to equity691/2-€29k
To other reserves6921-€29k
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
The notes to these accounts (5 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
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lummen · 1 establishment unit since 2023
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.
Boogbosstraat 473560 LummenGround area
576 m²
Building footprint
176 m²
Volume, LiDAR
1,089 m³
Parcel 71035B0272/00M000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VP Design
since 20232.354.356.779
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71035B0272/00M000 | Flanders | 576 m² | 1 · 176 m² | 10.6 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.
Recognitions · licences · registrations
Dual-learning approval
2 live approvalsLasser-monteerder (vwo)
Lasser-monteerder duaal (so)
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Of 908 companies in sector 25120 we hold annual accounts for 677. 319 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2023
Fiscal year end31-12
Activities, NACEBEL
25120Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.