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VP INNOVATION

Active
Private limited companyfounded 20242 yrs activeLouizalaan 398, 1050 Brussel, BelgiumKBO/BCE: BE 1012.744.732

VP INNOVATION has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €14k and a net result of €12k. Its solvency ranks better than 36% of 2832 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
70 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability97
Solvency53
Growth-
Track record67
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.4; short-term debt: 71.4% and cash: 62.1% of total assets), and 71.7% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
28.3%
Return on assets
23.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 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 · 1 filing
Deviation from the deadline
2024
18 d late
← before the deadline after the 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 2024, abbreviated schema

Equity
€14k
Total assets
€49k
Net result
€12k
Working capital
€14k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Equity and liabilities €49k
Equity €14k
Debt €35k
Debt finances 71.7% of the balance-sheet total.
Key figures and ratios
2024 value
Solvency
28.3%
Current ratio
1.40
Quick ratio
1.40
Debt / equity
2.54
ROE
84.1%
ROA
23.8%
Debt
€35k
Debt ≤ 1 year
€35k
Income taxes
€3k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet Code2024
Assets
Total assets20/58€49k
Current assets29/58€49k
Amounts receivable within one year40/41€11k
Trade receivables40€11k
Cash at bank and in hand54/58€30k
Deferred charges and accrued income490/1€8k
Equity and liabilities
Total equity and liabilities10/49€49k
Equity10/15€14k
Contributions10/11€3k
Outside capital11€3k
Other1109/19€3k
Profit (loss) carried forward14€11k
Amounts payable17/49€35k
Amounts payable within one year42/48€35k
Trade debts44€2k
Suppliers440/4€2k
Taxes, remuneration and social security45€22k
Taxes450/3€16k
Remuneration and social security454/9€6k
Other amounts payable47/48€11k
Accrued charges and deferred income492/3€160
Income statement Code2024
Gross operating margin9900€15k
Operating profit (loss)9901€15k
Financial charges65/66B€22
Recurring financial charges65€22
Profit (loss) for the period before taxes9903€15k
Income taxes67/77€3k
Profit (loss) for the period9904€12k
Profit (loss) for the period to be appropriated9905€12k
Appropriation of the result
Profit (loss) to be appropriated9906€12k
Profit to be distributed694/7€800
Return on contributions (dividend)694€800

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Timeline · acts, filings and financial milestones

2025
18-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 18 days late
NBB filing

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, Brussel · 1 establishment unit since 2024
establishment The establishment unit on the map
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.

Louizalaan 3981050 Brussel
Ground area
151 m²
Building footprint
106 m²
Volume, LiDAR
1,867 m³
Parcel 21807G0218/00V014, Brussels · tallest building 24.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Louizalaan 398, 1050 Elsene
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20242.363.334.328
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0218/00V014 Brussels 151 m² 1 · 106 m² 24.4 m · 6 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.

Similar companies · same sector, comparable size

Of 16,887 companies in sector 62100 we hold annual accounts for 8,777. 5,092 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-08-2024
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:viriya.phlok@vpinnovation.be
Enterprise