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VR BASE

Active
Public limited companyfounded 2018active for 8 yearsGeerhoek 3, 2830 Willebroek, BelgiumKBO/BCE: BE 0704.586.224
Summary

The computed 12-month bankruptcy probability of VR BASE is 2.4% (moderate). The 2025 annual accounts show equity of €559,251 and a net result of €15,681. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 30% of 473 sector peers (NACE 28, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28299Other amusement and recreation activities NACE 93299
2 sites
Size
€2.2mtotal assets 2025
Staff
8 FTE
Equity
€559,251
Profit
€15,681
Turnover not published (abbreviated or micro format)
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.4%
Structure
Largest shareholder
SNACKAERT · 33%
Holdings
1
Accounts 1 day early3 of 7 deeds read
Why 51raises riskLiquidity: current ratio 0.93, cash €0, halved1 change of registered office in 24 monthsFounded in 2018lowers riskFigures for financial year 2025 (filed 01-05-2026)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 32% of its sector peers (NACE 28, micro)
Financial strength · tick = 2024
Average
Solvency 51-3
equity 25.8% of total assets
Liquidity 26-4
short-term debt 48.5% · cash 0.0%
Profitability 68-2
return on assets 0.7%
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (977 companies, NACE 28, micro)
Last 24 months 11-2024: 2.2% 12-2024: 2.0%▼ -0.2 percentage points vs 11-2024 01-2025: 2.1%▲ +0.1 percentage points vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.2%▲ +0.1 percentage points vs 02-2025 04-2025: 2.5%▲ +0.3 percentage points vs 03-2025 05-2025: 3.3%▲ +0.8 percentage points vs 04-2025 06-2025: 1.0%▼ -2.3 percentage points vs 05-2025lowest value 07-2025: 1.0%● unchanged vs 06-2025lowest value 08-2025: 1.0%● unchanged vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.6%▲ +0.6 percentage points vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.8%▲ +0.2 percentage points vs 12-2025 02-2026: 2.2%▲ +0.4 percentage points vs 01-2026 03-2026: 2.3%▲ +0.1 percentage points vs 02-2026 04-2026: 2.7%▲ +0.4 percentage points vs 03-2026 05-2026: 3.6%▲ +0.9 percentage points vs 04-2026highest value 06-2026: 2.4%▼ -1.2 percentage points vs 05-2026 07-2026: 2.4%● unchanged vs 06-2026 08-2026: 2.4%● unchanged vs 07-2026 09-2026: 2.4%● unchanged vs 08-2026 10-2026: 2.4%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.93, compared with 0.48 in 2024; short-term debt: 48.5% and cash: 0% of total assets), and 74.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 28, micro): better than 31% on solvency, 17% on liquidity, 39% on profitability and 42% on growth.

The bankruptcy probability was computed on 11-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.93, cash €0, halved
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed 01-05-2026)
NBB · annual accounts
raises risk · Founded in 2018
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
1 day early
2024
26 days late
2023
on the day
2022
164 days early
2021
4 days early
2020
1 day early
2019
7 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 22 days before the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end12-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Capital & shares · Amendment of…Auditor report · Capital increase…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Resignation: Lode Snackaert (director)Appointment: Sem Van Dam (director)

Key points

  • Caution: Result fell in 2025from €94,744 to €15,681 ▼ 83.4% View
  • Board changedlatest change 16-10-2025 · 3 in office 1 joined · 1 left View
  • Positive: 5 profitable years in a rowprofit 2025: €15,681 5 years View

By topic

Financials

Financial year
2025
Total assets
€2.2m
Profit
€15,681
Solvency
25.8%
Total assets▲ 13.1%
Net result
20192025
Go to Financials

Board & ownership

Board
3 members
Largest shareholder
SNACKAERT · 33%
  • Arne SnackaertDirector
  • Jone Van der HallenDirector
  • Sem Van DamDirector
Go to Board & ownership

Timeline

Events
14
Since
2020
Next accounts
by 30-04-2027
  1. 24-10-2025Appointments: Lode Snackaert, Jone Van der Hallen…
  2. 26-05-2025Annual accounts filed
  3. 30-09-2024Highest result from 2019 to 2025
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28299
Founded
14-09-2018
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
3
Financial year
From 1 January to 31 December
Annual meeting
First Friday of June at 20:00
Go to Articles of association

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