VQB
ActiveThe computed 12-month bankruptcy probability of VQB is 2.4% (moderate). For VQB, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €28k and a net result of €5k. Equity is shrinking by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 15867 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability85▲+85
Solvency98▲+4
Growth32=
Track record92
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
72.6%
Return on assets
13.1%
Age of the figures
27 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 230 days later.
NBB · 9 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline18-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 28-02-2025, 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 · 9 filingsDeviation from the deadline
2025
not filed
2024
28 d late
2023
29 d late
2022
on the day
2021
5 d early
2020
2 d early
2019
7 d early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Equity
€28k▲ 22.0%
2023 · €23k
2019: €75k
2020: €57k
2021: €48k
2022: €41k
2023: €23k
2019 → 2024
Total assets
€39k▲ 16.2%
2023 · €34k
2019: €95k
2020: €71k
2021: €69k
2022: €53k
2023: €34k
2019 → 2024
Net result
€5k
2023 · €-18k
2019: €35k
2020: €-18k
2021: €-10k
2022: €-13k
2023: €-18k
2019 → 2024
Working capital
€30k▲ 26.1%
2023 · €24k
2019: €75k
2020: €53k
2021: €57k
2022: €46k
2023: €24k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€57k-€48k▼ 16.9%€41k▼ 13.7%€23k▼ 43.4%€28k▲ 22.0%
Operating result€-17k-€-8k▲ 50.0%€-12k▼ 46.1%€-17k▼ 43.1%€5k
Net result€-18k-€-10k▲ 45.8%€-13k▼ 31.3%€-18k▼ 39.8%€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €5k after a loss of €17k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €39k
Fixed assets
€331▼ 92.5%
Current assets
€39k▲ 32.6%
Equity and liabilities €39k
Equity
€28k▲ 22.0%
Debt
€11k▲ 3.2%
The debt ratio falls from 30.8% to 27.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6k▲
2023 · €-16k
Cash flow
€6k▲
2023 · €-16k
Solvency
72.6%▲
2023 · 69.2%
Current ratio
4.24▼
2023 · 5.09
Quick ratio
3.15▼
2023 · 3.35
Debt / equity
0.38▼
2023 · 0.45
ROE
18.0%▲
2023 · -76.5%
ROA
13.1%▲
2023 · -52.9%
Interest coverage
39.11▲
2023 · -40.10
Debt
€11k▲
2023 · €10k
Debt ≤ 1 year
€9k▲
2023 · €6k
Debt > 1 year
€2k▼
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€34k€39k▲
Fixed assets21/28€4k€331▼
Tangible fixed assets22/27€4k€256▼
Furniture and vehicles24€4k€256▼
Financial fixed assets28€75€75=
Current assets29/58€29k€39k▲
Stocks and contracts in progress3€10k€10k=
Stocks30/36€10k€10k=
Amounts receivable within one year40/41€16k€16k▼
Trade receivables40€5k€5k▲
Other amounts receivable41€11k€11k▼
Cash at bank and in hand54/58€3k€13k▲
Equity and liabilities
Total equity and liabilities10/49€34k€39k▲
Equity10/15€23k€28k▲
Contributions10/11€19k€19k=
Reserves13€5k€10k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€3k€8k▲
Amounts payable17/49€10k€11k▲
Amounts payable after more than one year17€5k€2k▼
Financial debts170/4€5k€2k▼
Amounts payable within one year42/48€6k€9k▲
Current portion of amounts payable after more than one year42€4k€7k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€287€287=
Taxes450/3€287€287=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€990▼
Other operating charges640/8€782€344▼
Gross operating margin9900€-15k€7k▲
Operating profit (loss)9901€-17k€5k▲
Financial charges65/66B€399€160▼
Recurring financial charges65€399€160▼
Profit (loss) for the period before taxes9903€-18k€5k▲
Profit (loss) for the period9904€-18k€5k▲
Profit (loss) for the period to be appropriated9905€-18k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€5k▲
Transfer from equity791/2€18k-
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
26-08
State Gazette act
Capital & shares · Resignations & appointmentsGeneral meeting · Director appointment · Director resignation5 facts ▸
State Gazette act
Capital & shares · Resignations & appointments
General meeting · Director appointment · Director resignation5 facts ▸
- General meeting, 2024-08-05
- Director appointment, VAN CAMPENHOUT Philippe (bestuurder)
- Director resignation, BOUBKER Nordine (bestuurder)
- Share transfer, BOUBKER Nordine → VAN CAMPENHOUT Philippe
- Share distribution, 80, 20
10-08
KBO administration
Address struck
2025
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-06
Financial
Back to profitnet €5k
Net result €5k after 4 loss-making years.
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Liquidity doublescurrent ratio 13.01
Current ratio from 6.34 to 13.01; short-term debt falls from €11k to €4k.
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €-18k ▼151%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
13-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 directors, no change since 2024
VAN CAMPENHOUT Philippe
CurrentDirector · since 05-08-2024
05-08-2024
VAN CAMPENHOUT Philippe: Appointed as Director
05-08-2024
BOUBKER Nordine: Resigned as Director
01-08-2024
VAN QUAETHEM Benedicte: Resigned as Director
30-09-2020
Bruggeman Rita: Resigned as Director
Location & real-estate footprint
1 establishment unit since 2015
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.
Ground area
608 m²
Building footprint
161 m²
Volume, LiDAR
1,123 m³
2 parcels, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VQB
since 20152.238.288.064
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0420/00S002 | Flanders | 428 m² | 1 · 91 m² | 9.7 m · 2 fl. |
| 31002A0125/00M000 | Flanders | 180 m² | 1 · 70 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Capital and shareholders
Transfer of 20 shares from BOUBKER Nordine to VAN CAMPENHOUT Philippe
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Of 1,276 companies in sector 46160 we hold annual accounts for 686. 482 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-01-2015
Fiscal year end30-06
Activities, NACEBEL
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.