VR BASE
ActiveVR BASE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €559k and a net result of €16k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 29% of 405 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-2
Solvency51▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.93 against 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.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
25.8%
Return on assets
0.7%
Age of the figures
12 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 filingsDeviation from the deadline
2025
1 d early
2024
26 d late
2023
on the day
2022
164 d early
2021
4 d early
2020
1 d early
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€559k▲ 0.8%
2024 · €555k
2019: €249k
2020: €234k
2021: €358k
2022: €438k
2023: €471k
2024: €555k
2019 → 2025
Total assets
€2.17M▲ 13.1%
2024 · €1.92M
2019: €834k
2020: €996k
2021: €1.46M
2022: €1.60M
2023: €2.14M
2024: €1.92M
2019 → 2025
Net result
€16k▼ 83.4%
2024 · €95k
2019: €49k
2020: €-15k
2021: €25k
2022: €92k
2023: €44k
2024: €95k
2019 → 2025
Working capital
€-73k▲ 84.3%
2024 · €-462k
2019: €31k
2020: €58k
2021: €-70k
2022: €32k
2023: €-295k
2024: €-462k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€358k-€438k▲ 22.5%€471k▲ 7.5%€555k▲ 17.8%€559k▲ 0.8%
Operating result€32k-€103k▲ 225%€89k▼ 13.5%€148k▲ 66.2%€43k▼ 70.8%
Net result€25k-€92k▲ 269%€44k▼ 52.2%€95k▲ 117%€16k▼ 83.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 71% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.17M
Fixed assets
€1.19M▼ 20.1%
Current assets
€979k▲ 128%
Equity and liabilities €2.17M
Equity
€559k▲ 0.8%
Debt
€1.61M▲ 18.1%
The debt ratio rises from 71.1% to 74.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€255k▼
2024 · €337k
Cash flow
€228k▼
2024 · €283k
Solvency
25.8%▼
2024 · 28.9%
Current ratio
0.93▲
2024 · 0.48
Quick ratio
0.19▼
2024 · 0.40
Debt / equity
2.88▲
2024 · 2.46
ROE
2.8%▼
2024 · 17.1%
ROA
0.7%▼
2024 · 4.9%
Interest coverage
5.86▲
2024 · 5.41
Debt
€1.61M▲
2024 · €1.36M
Debt ≤ 1 year
€1.05M▲
2024 · €891k
Debt > 1 year
€546k▲
2024 · €460k
Income taxes
€-1k▼
2024 · €3k
Staff costs
€483k▲
2024 · €416k
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€1.92M€2.17M▲
Fixed assets21/28€1.49M€1.19M▼
Intangible fixed assets21€1.21M€964k▼
Tangible fixed assets22/27€268k€216k▼
Plant, machinery and equipment23€123k€89k▼
Furniture and vehicles24€11k€10k▼
Other tangible fixed assets26€134k€117k▼
Financial fixed assets28€8k€8k=
Current assets29/58€429k€979k▲
Stocks and contracts in progress3€76k€775k▲
Stocks30/36€76k€25k▼
Contracts in progress37-€750k
Amounts receivable within one year40/41€303k€186k▼
Trade receivables40€202k€173k▼
Other amounts receivable41€101k€12k▼
Cash at bank and in hand54/58€44k€0▼
Deferred charges and accrued income490/1€6k€18k▲
Equity and liabilities
Total equity and liabilities10/49€1.92M€2.17M▲
Equity10/15€555k€559k▲
Contributions10/11€200k€200k=
Capital10€200k€200k=
Issued capital100€200k€200k=
Reserves13€289k€304k▲
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€278k€294k▲
Investment grants15€66k€55k▼
Amounts payable17/49€1.36M€1.61M▲
Amounts payable after more than one year17€460k€546k▲
Financial debts170/4€460k€546k▲
Amounts payable within one year42/48€891k€1.05M▲
Current portion of amounts payable after more than one year42€159k€96k▼
Financial debts43€125k€137k▲
Credit institutions430/8€125k€137k▲
Trade debts44€226k€103k▼
Suppliers440/4€226k€103k▼
Advances received on contracts in progress46-€234k
Taxes, remuneration and social security45€117k€183k▲
Taxes450/3€35k€65k▲
Remuneration and social security454/9€82k€117k▲
Other amounts payable47/48€264k€299k▲
Accrued charges and deferred income492/3€11k€11k▼
Income statement
Code20242025
Remuneration, social security and pensions62€416k€483k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€188k€212k▲
Other operating charges640/8€2k€8k▲
Gross operating margin9900€755k€747k▼
Operating profit (loss)9901€148k€43k▼
Financial income75/76B€11k€15k▲
Recurring financial income75€11k€15k▲
Financial charges65/66B€62k€44k▼
Recurring financial charges65€62k€44k▼
Profit (loss) for the period before taxes9903€98k€14k▼
Income taxes67/77€3k€-1k▼
Profit (loss) for the period9904€95k€16k▼
Profit (loss) for the period to be appropriated9905€95k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95k€16k▼
Transfer to equity691/2€95k€16k▼
To the legal reserve6920€0-
To other reserves6921€95k€16k▼
Social balance
Average headcount (FTE)90877.48.0▲
The notes to these accounts (26 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
30-09
Financial
Highest result since 2019net €95k ▲117%
Operating result €148k, net result €95k, both a record.
30-09
Financial
Equity above €500kEq €555k ▲17.8%
4 profitable years in a row build equity to €555k.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-15k ▼131%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
23-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
16-10-2025
Lode Snackaert: Resigned as Director
20-09-2022
Lode Snackaert: Resigned as Director
24-03-2020
Glenn Roggeman: Resigned as Director
Location & real-estate footprint
Registered office, Willebroek · 2 establishment units since 2018
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.
Geerhoek 32830 WillebroekGround area
6.2 ha
Building footprint
3.8 ha
Volume, LiDAR
319,197 m³
2 parcels, Flanders · tallest building 14.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
VR BASE
since 20182.279.932.243
VR BASE
since 20192.301.179.005
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403E0152/00D002 | Flanders | 6.0 ha | 1 · 3.8 ha | 14.5 m · 3 fl. |
| 12004B0351/00G000 | Flanders | 1,240 m² | 1 · 226 m² | 10.3 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
Connections & network
4 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 13,182 EUR awarded · 13,182 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 6,000 EUR | 6,000 EUR |
| 2022 | 1 | 7,182 EUR | 7,182 EUR |
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 210 companies in sector 28299 we hold annual accounts for 154. 112 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-09-2018
Fiscal year end30-09
Activities, NACEBEL
28299Manufacture of machinery and equipment not elsewhere classified
93299Other amusement and recreation activities
62010Computer programming, consultancy and related activities
62100Computer programming
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress 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.