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VPRO

Active
Private limited companyfounded 2014active for 12 yearsOorlogskruisenlaan 311, 1120 Brussel, BelgiumKBO/BCE: BE 0544.543.053
Summary

VPRO has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €740,721 and a net result of €510,136. Equity has been growing by about 28% per year since 2018. Its solvency ranks better than 35% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 20-01-2014 Normal situation
Registered office
36 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Other specialised construction activities NACE 43990
Establishment units
2.227.407.634 1120 Brussel, since 15-01-2014
2.375.200.891 1850 Grimbergen, since 02-07-2025
Financial year end
31 December
Peppol
Reachable since 09-01-2026

Board and ownership

Board
  • HIGH CONCEPTDirector · since 19-01-2014 · permanent representative Vildan PUKA
Shareholders

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€1.4m
▲ 127%
Turnover
≈ €3.9m
estimated
Profit
€510,136
▲ 13×
Equity
€740,721
▲ 0.2%
Total assets
€2.2m
▲ 13.7%
Staff
≈ 11 FTE
estimated
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 2 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €2.2mFounded in 2014Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 45% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 59-4
equity 33.7% of total assets
Liquidity 20-1
short-term debt 64.7% · cash 3.0%
Profitability 98+33
return on assets 23.2%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,651 companies, NACE 43, small)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.8%▲ +0.4 percentage points vs 07-2025 09-2025: 0.9%▲ +0.1 percentage points vs 08-2025 10-2025: 1.0%▲ +0.1 percentage points vs 09-2025 11-2025: 0.9%▼ -0.1 percentage points vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 1.0%▲ +0.1 percentage points vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.7%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 0.3%▼ -1.4 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.52 (1.68 in 2024), above the usual 1.5. Short-term debt is 64.7% and cash 3% of total assets. However, 66.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 44% of them on solvency, 11% on liquidity, 95% on profitability and 31% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €2.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2014
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
58 days late
2023
10 days late
2022
60 days late
2021
34 days late
2020
70 days late
2019
18 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 40 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00495735.

Annual accounts 2025 filed on 31-08-2026 at the NBB all 12 filings

Turnover
≈ €3.9m
Estimated: probably between €3.0m and €5.3m
Total assets
€2.2m▲ 13.7%
2024 · €1.9m
Net result
€510,136▲ 13×
2024 · €39,707
Working capital
€738,967▼ 4.1%
2024 · €770,691
Multi-year overview
2018 to 2025, 8 financial years
Operating result
€707,657
▲ 639% 2025
20182025
Net result
€510,136
▲ 13× 2025
highest quarter of the sector
20182025
Equity
€740,721
▲ 0.2% 2025
highest quarter of the sector
20182025
Total assets
€2.2m
▲ 13.7% 2025
highest quarter of the sector
20182025
Debt
€1.5m
▲ 22.1% 2025
20182025
Working capital
€738,967
▼ 4.1% 2025
highest quarter of the sector
20182025
Solvency
33.7%
▼ 4.5pp 2025
middle half of the sector
20182025
Current ratio
1.52
▼ 0.16 2025
middle half of the sector
20182025
Return on assets (ROA)
23.2%
▲ 21.1pp 2025
highest quarter of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.09m-€0.001m▼ 98.8%€0.05m▲ 49×-€0.003m€0.8m€0.4m▼ 54.9%€0.1m▼ 73.9%€0.7m▲ 639%
Net result€0.07m--€0.09m€0.04mabove the sector's middle half-€0.007mbelow the sector's middle half€0.6mabove the sector's middle half€0.3mabove the sector's middle half▼ 56.8%€0.04mabove the sector's middle half▼ 84.3%€0.5mabove the sector's middle half▲ 13×
Equity€0.08m--€0.005m€0.1mabove the sector's middle half€0.1mwithin the sector's middle half▼ 5.1%€0.7mabove the sector's middle half▲ 500%€0.7mabove the sector's middle half▲ 0.1%€0.7mabove the sector's middle half=€0.7mabove the sector's middle half▲ 0.2%
Total assets€0.2m-€0.3m▲ 69.9%€0.4mabove the sector's middle half▲ 54.9%€0.3mabove the sector's middle half▼ 21.3%€1.6mabove the sector's middle half▲ 412%€1.9mabove the sector's middle half▲ 17.7%€1.9mabove the sector's middle half▲ 0.5%€2.2mabove the sector's middle half▲ 13.7%
Debt€0.07m-€0.3m▲ 264%€0.3m▲ 3.6%€0.2m▼ 28.9%€0.9m▲ 357%€1.2m▲ 32.2%€1.2m▲ 0.8%€1.5m▲ 22.1%
Working capital€0.07m--€0.01m€0.1mabove the sector's middle half€0.1mabove the sector's middle half▼ 16.4%€0.7mabove the sector's middle half▲ 584%€0.7mabove the sector's middle half▼ 1.1%€0.8mabove the sector's middle half▲ 14.5%€0.7mabove the sector's middle half▼ 4.1%
Solvency52.5%--1.8%▼ 54.3pp31.9%within the sector's middle half▲ 33.8pp38.5%within the sector's middle half▲ 6.6pp45.1%within the sector's middle half▲ 6.6pp38.4%within the sector's middle half▼ 6.7pp38.2%within the sector's middle half▼ 0.2pp33.7%within the sector's middle half▼ 4.5pp
Current ratio2.03-0.95▼ 1.081.43within the sector's middle half▲ 0.481.51within the sector's middle half▲ 0.081.76within the sector's middle half▲ 0.251.57within the sector's middle half▼ 0.191.68within the sector's middle half▲ 0.121.52within the sector's middle half▼ 0.16
Return on assets (ROA)46.8%--32.7%▼ 79.4pp9.6%within the sector's middle half▲ 42.3pp-2.1%below the sector's middle half▼ 11.7pp35.8%above the sector's middle half▲ 37.8pp13.1%within the sector's middle half▼ 22.6pp2.1%within the sector's middle half▼ 11.1pp23.2%above the sector's middle half▲ 21.1pp
Staff (FTE)4-5▲ 25.0%8
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 7.4 times that of 2024. It is a recovery after the fall in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets €38,962 ▲ 1.4%
Current assets €2.2m ▲ 13.9%
Equity and liabilities €2.2m
Equity €740,721 ▲ 0.2%
Debt €1.5m ▲ 22.1%
Debt's share of the balance-sheet total rises from 61.8% to 66.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€721,054▲
2024 · €114,361
Cash flow
€523,532▲
2024 · €58,256
Debt to equity
1.97▲
2024 · 1.62
ROE
68.9%▲
2024 · 5.4%
Interest coverage
over 100▲
2024 · 5.26
Debt ≤ 1 year
€1.4m▲
2024 · €1.1m
Debt > 1 year
€37,208▼
2024 · €69,532
Income taxes
€190,850▲
2024 · €34,358
Staff costs
€645,890▲
2024 · €474,864
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-2023
Employees at the balance-sheet date8
full-time8
in full-time equivalents8
Average over the year, in full-time equivalents8
On a permanent contract8

Source: social balance sheet in the 2023 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€17,040€36,902€39,686€1,107€28,488
Financial fixed assets-€9,000---
Depreciation and write-downs of the year€4,088€11,430€23,790€18,550€13,397

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.9m€2.2m▲
Fixed assets21/28€0.04m€0.04m▲
Tangible fixed assets22/27€0.03m€0.03m▲
Plant, machinery and equipment23€0.006m€0.006m▼
Furniture and vehicles24€0.02m€0.03m▲
Financial fixed assets28€0.01m€0.005m▼
Current assets29/58€1.9m€2.2m▲
Amounts receivable within one year40/41€1.9m€2.1m▲
Trade receivables40€0.3m€0.1m▼
Other amounts receivable41€1.5m€2.0m▲
Cash at bank and in hand54/58€0.02m€0.07m▲
Deferred charges and accrued income490/1€0.005m€0.005m▼
Equity and liabilities
Total equity and liabilities10/49€1.9m€2.2m▲
Equity10/15€0.7m€0.7m▲
Contributions10/11€0.02m€0.02m=
Profit (loss) carried forward14€0.7m€0.7m▲
Amounts payable17/49€1.2m€1.5m▲
Amounts payable after more than one year17€0.07m€0.04m▼
Financial debts170/4€0.07m€0.04m▼
Amounts payable within one year42/48€1.1m€1.4m▲
Current portion of amounts payable after more than one year42€0.06m€0.06m▼
Trade debts44€0.07m€0.2m▲
Suppliers440/4€0.07m€0.2m▲
Taxes, remuneration and social security45€0.1m€0.2m▲
Taxes450/3€0.003m€0.2m▲
Remuneration and social security454/9€0.1m€0.01m▼
Other amounts payable47/48€0.9m€1.0m▲
Income statement Code20242025
Remuneration, social security and pensions62€0.5m€0.6m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.01m▼
Other operating charges640/8€0.02m€0.02m▼
Non-recurring operating charges66A€0.004m€0.005m▲
Gross operating margin9900€0.6m€1.4m▲
Operating profit (loss)9901€0.1m€0.7m▲
Financial income75/76B€0€4▲
Recurring financial income75€0€4▲
Financial charges65/66B€0.02m€0.007m▼
Recurring financial charges65€0.02m€0.006m▼
Non-recurring financial charges66B-€344
Profit (loss) for the period before taxes9903€0.07m€0.7m▲
Income taxes67/77€0.03m€0.2m▲
Profit (loss) for the period9904€0.04m€0.5m▲
Profit (loss) for the period to be appropriated9905€0.04m€0.5m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.8m€1.2m▲
Profit (loss) brought forward from the previous period14P€0.7m€0.7m=
Profit to be distributed694/7€0.04m€0.5m▲
Return on contributions (dividend)694€0.04m€0.5m▲

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€0.2m€0.4m€0.5m€0.5m€0.6m▲ 36.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.009m€0.009m€0.006m€0.004m€0.01m€0.02m€0.02m€0.01m▼ 27.8%
Other operating charges640/8---€0.003m€0.008m€0.02m€0.02m€0.02m▼ 8.6%
Non-recurring operating charges66A----€0.04m€0.001m€0.004m€0.005m▲ 27.6%
Gross operating margin9900€0.2m€0.1m€0.2m€0.2m€1.2m€1.0m€0.6m€1.4m▲ 127%
Operating profit (loss)9901€0.09m€0.001m€0.05m-€0.003m€0.8m€0.4m€0.1m€0.7m▲ 639%
Financial income75/76B---€91€13€1€0€4▲ 360×
Recurring financial income75€54€0€2€91€13€1€0€4▲ 360×
Financial charges65/66B---€0.004m€0.01m€0.001m€0.02m€0.007m▼ 69.3%
Recurring financial charges65€0.002m€0.001m€290€0.004m€0.001m€0.001m€0.02m€0.006m▼ 70.9%
Non-recurring financial charges66B----€0.009m--€344-
Profit (loss) for the period before taxes9903€0.09m€444€0.05m-€0.006m€0.8m€0.4m€0.07m€0.7m▲ 846%
Income taxes67/77€0.02m€0.09m€0.02m€117€0.2m€0.1m€0.03m€0.2m▲ 455%
Profit (loss) for the period9904€0.07m-€0.09m€0.04m-€0.007m€0.6m€0.3m€0.04m€0.5m▲ 13×
Profit (loss) for the period to be appropriated9905€0.07m-€0.09m€0.04m-€0.007m€0.6m€0.3m€0.04m€0.5m▲ 13×
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.2m€0.3m€0.4m€0.3m€1.6m€1.9m€1.9m€2.2m▲ 13.7%
Fixed assets21/28€0.02m€0.009m€0.01m€0.02m€0.06m€0.07m€0.04m€0.04m▲ 1.4%
Tangible fixed assets22/27€0.02m€0.008m€0.01m€0.02m€0.05m€0.06m€0.03m€0.03m▲ 19.1%
Plant, machinery and equipment23---€0.003m€0.009m€0.009m€0.006m€0.006m▼ 10.0%
Furniture and vehicles24---€0.02m€0.04m€0.05m€0.02m€0.03m▲ 27.3%
Financial fixed assets28€0.001m€0.001m€0.001m€0.001m€0.01m€0.01m€0.01m€0.005m▼ 52.6%
Current assets29/58€0.1m€0.3m€0.4m€0.3m€1.6m€1.9m€1.9m€2.2m▲ 13.9%
Amounts receivable within one year40/41€0.1m€0.2m€0.3m€0.3m€1.5m€1.7m€1.9m€2.1m▲ 11.7%
Trade receivables40---€0.2m€0.4m€0.3m€0.3m€0.1m▼ 70.5%
Other amounts receivable41---€0.04m€1.1m€1.4m€1.5m€2.0m▲ 29.1%
Cash at bank and in hand54/58€0.01m€0.005m€0.09m€0.02m€0.08m€0.2m€0.02m€0.07m▲ 252%
Deferred charges and accrued income490/1---€0.001m€0.002m€0.002m€0.005m€0.005m▼ 8.7%
Equity and liabilities
Total equity and liabilities10/49€0.2m€0.3m€0.4m€0.3m€1.6m€1.9m€1.9m€2.2m▲ 13.7%
Equity10/15€0.08m-€0.005m€0.1m€0.1m€0.7m€0.7m€0.7m€0.7m▲ 0.2%
Contributions10/11€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m=
Capital10---€0.02m-----
Issued capital100---€0.02m-----
Contributions outside capital11----€0.02m----
Share premium1100/10----€0.02m----
Reserves13€0.002m€0.002m€0.002m€0.002m€0.002m----
Non-distributable reserves130/1---€0.002m€0.002m----
Legal reserve130---€0.002m-----
Reserves not available under the articles1311----€0.002m----
Profit (loss) carried forward14€0.06m-€0.03m€0.1m€0.1m€0.7m€0.7m€0.7m€0.7m▲ 0.2%
Amounts payable17/49€0.07m€0.3m€0.3m€0.2m€0.9m€1.2m€1.2m€1.5m▲ 22.1%
Amounts payable after more than one year17€0.006m-----€0.07m€0.04m▼ 46.5%
Financial debts170/4------€0.07m€0.04m▼ 46.5%
Amounts payable within one year42/48€0.07m€0.3m€0.3m€0.2m€0.9m€1.2m€1.1m€1.4m▲ 26.3%
Current portion of amounts payable after more than one year42-----€0.03m€0.06m€0.06m▼ 10.8%
Financial debts43---€60€60----
Credit institutions430/8---€60€60----
Trade debts44€0.03m€0.2m€0.1m€0.1m€0.6m€0.4m€0.07m€0.2m▲ 127%
Suppliers440/4---€0.1m€0.6m€0.4m€0.07m€0.2m▲ 127%
Taxes, remuneration and social security45---€0.07m€0.3m€0.1m€0.1m€0.2m▲ 61.0%
Taxes450/3---€0.001m€0.2m€0.03m€0.003m€0.2m▲ 73×
Remuneration and social security454/9---€0.07m€0.06m€0.07m€0.1m€0.01m▼ 88.8%
Other amounts payable47/48---€0.01m-€0.6m€0.9m€1.0m▲ 16.0%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€72,119-€85,648€39,134-€6,586€585,500€252,877€39,707€510,136▲ 13×
+ Depreciation and write-downs630€8,894€8,947€5,966€4,088€11,430€23,790€18,550€13,397▼ 27.8%
Operating cash flow (approximation)€81,013-€76,702€45,101-€2,498€596,929€276,667€58,256€523,532▲ 799%
Investment in fixed assets (approximation)-€0-€7,856-€17,040-€45,902-€32,394€9,640-€13,931-
Change in cash--€9,210€80,822-€65,473€63,824€119,441-€185,428€46,629-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 17,811 companies had the same profile as VPRO has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.5% was still going
3.1% stopped otherwise
0.3% went bankrupt

That fits the bankruptcy probability of VPRO itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,811 companies, not a prediction for VPRO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00495735 PDF
31-12-2024 micro format 27-09-2025 2025-00512338 PDF
31-12-2023 micro format 10-08-2024 2024-00338690 PDF
31-12-2022 micro format 29-09-2023 2023-00465024 PDF
31-12-2021 micro format 03-09-2022 2022-20422092 PDF
31-12-2020 micro format 09-10-2021 2021-71600577 PDF
31-12-2019 micro format 18-08-2020 2020-42500053 PDF
31-12-2018 micro format 31-05-2019 2019-15300208 PDF
31-12-2017 micro format 30-08-2018 2018-58100205 PDF
31-12-2016 full format 29-08-2017 2017-55100026 PDF

Show all 12 filings

Board & ownership

Directors

Directors
1 director, last change in 2022

Board 1

HIGH CONCEPT
Director · since 19-01-2014 · Public limited company · permanent representative: Vildan PUKA · listed in the 2021 annual accounts, filed on 03-09-2022
Current
Permanent representatives 1
Vildan PUKA
Permanent representative · appointed in the act of 01-09-2023 · for HIGH CONCEPT
Current

Owners and capital

Shareholders

1 owner

Owners 1

  • Equity €997,059 Profit of €64,804 in 2025 (profit of €183,231 in 2024) Checked score 80
    share not stated

Capital transactions

Shareholders according to the deeds
Stated in the act act of 14-03-2022 ↗
  • High-Concept (BE 0628.608.104) 95 shares
  • Aleksander MANDREJA 5 shares

Mandate history

2 people, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
HIGH CONCEPT
  • Director, appointed in the act of 01-09-2023, still in office
PUKA Vildan
  • Director, until 31-01-2022
See the board, name and registered office on a given date →

Network & group

Companies at the same address

35 other companies

Connections & network

4 connected companies
Depth
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
CONSULT PROPERTIES
Shared corporate director
→
LEAL CONCEPT
Shared corporate director
→
VJ SECURITY
Shared corporate director
→
VP 87 CARS
Shared corporate director
→

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
31-08
NBB filing Annual accounts 2025 filedNBB
micro format · 31 days late
2025
27-09
NBB filing Annual accounts 2024 filedPDF
micro format · 58 days late
2024
10-08
NBB filing Annual accounts 2023 filedPDF
micro format · 10 days late
2023
29-09
NBB filing Annual accounts 2022 filedPDF
micro format · 60 days late
01-09
Gazette deed Appointment: High-Concept (director)
4 points ▸
  • General meeting, 23-02-2023
  • Director appointment, High-Concept (director)
  • General meeting, 30-06-2023
  • Other provision, “actionnaire, démission d'actionnaire” (deed in French)

Open the act in the Belgian Official Gazette

2022
31-12
Financial Back to profitnet €585,500
The net result is €585,500, after one loss-making year.
31-12
Financial Equity above €500,000equity €738,702 ▲500%
Equity rises from €123,113 to €738,702.
03-09
NBB filing Annual accounts 2021 filedPDF
micro format · 34 days late
14-03
Gazette deed 1 director appointed, 1 director resigning
Resignation: Vildan PUKA (director) · Appointment: High-Concept (director) · Permanent representative: Vildan PUKA7 points ▸
  • General meeting, 31-01-2022
  • Other provision, “actionnaire, démission d'actionnaire” (deed in French)
  • Director resignation, Vildan PUKA (director)
  • Director appointment, High-Concept (director)
  • Permanent representative, Vildan PUKA
  • High-Concept holds 95 shares
  • Aleksander MANDREJA holds 5 shares

Open the act in the Belgian Official Gazette

2021
09-10
NBB filing Annual accounts 2020 filedPDF
micro format · 70 days late
2020
31-12
Financial Back to profitnet €39,134
The net result is €39,134, after one loss-making year.
31-12
Financial Equity above €100,000equity €129,699
Equity rises from -€4,745 to €129,699.
Show earlier events
18-08
NBB filing Annual accounts 2019 filedPDF
micro format · 18 days late
2019
31-12
Financial Weakest financial yearnet -€85,648
The net result drops to -€85,648, the lowest from 2018 to 2025. It recovers the following year.
31-05
NBB filing Annual accounts 2018 filedPDF
micro format · 61 days before the deadline
2018
30-08
NBB filing Annual accounts 2017 filedPDF
micro format · 30 days late
2017
29-08
NBB filing Annual accounts 2016 filedPDF
full format · 29 days late
2014
29-01
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

VPRO was incorporated on 20 January 2014.1 Total assets rose from €154,208 in 2018 to €2.2m in 2025 and headcount from 4 full-time equivalents in 2018 to 8 in 2023.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2023 and 2025

Company details

Register details

Identity

KBO record
Name VPRO in French
Enterprise number 0544.543.053
Legal form Private limited company
Status Active, normale toestand
Founded 20-01-2014
Entity type Legal entity

Registered office and establishments

Registered office Oorlogskruisenlaan 311, 1120 Brussel, Belgium
Establishment units VPRO, Oorlogskruisenlaan 311, 1120 Brussel since 15-01-2014 · unit number 2.227.407.634
VPRO ENERGY, Poddegemstraat 94C, 1850 Grimbergen since 02-07-2025 · unit number 2.375.200.89143213 Specialised construction activities
E-mail info@vpro-energy.be
Phone +32 2 318 38 67

Activities

NACEBEL 2025
VAT activities
43990 Other specialised construction activities main activity
Social security (RSZ) activities
43990 Other specialised construction activities main activity
Codes under NACEBEL 2008
VAT activities
43999 Specialised construction activities main activity
Social security (RSZ) activities
43995 Specialised construction activities main activity

Invoicing and payment

VAT number BE 0544.543.053
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0544543053
Registered 09-01-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0544.543.053

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment All 2 establishment units on the map
36 companies at this address See who is registered here

Buildings and parcels at the addresses

Ground area
1,316 m²
Building footprint
683 m²
Building volume
9,427 m³
Tallest building: 22.8 m.
Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
21819D0202/00B003 Brussels 833 m² 1 · 487 m² 22.8 m · 5
23402D0314/00W000 Flanders 482 m² 1 · 195 m² 11.5 m · 3