VR PROJECT
VR PROJECT has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €547k and a net result of €36k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 32% of 9689 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €547k |
| Net result | €36k |
| Better than sector | 32% |
| Active | 26 yrs |
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 14.5% | 30.8% | |
| Net result | €36k | €13k | |
| Equity | €547k | €419k | |
| Gross operating margin | €95k | €116k | |
| Total assets | €3.77M | €1.85M |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | €81k | €56k | €467k | €125k |
| Net profit | €36k | €30k | €346k | €85k |
| Cash flow | €38k | €31k | €347k | €87k |
| Staff costs | - | - | - | - |
| Income taxes | €10k | €8k | €111k | €36k |
| Dividends | - | - | - | €39k |
| Total assets | €3.77M | €2.82M | €1.93M | €2.55M |
| Equity | €547k | €511k | €481k | €134k |
| Debt | €3.22M | €2.31M | €1.45M | €2.42M |
| of which ≤ 1y | €2.71M | €1.70M | €1.16M | €1.96M |
| of which > 1y | €485k | €585k | €245k | €448k |
| Working capital | €1.02M | €1.10M | €756k | €589k |
| Employees (FTE) | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 1.38 | 1.65 | 1.65 | 1.30 |
| Quick ratio | 0.03 | 0.17 | 0.24 | 0.01 |
| Working capital ratio | 27.2% | 39.0% | 39.1% | 23.1% |
| Solvency | 14.5% | 18.1% | 24.9% | 5.3% |
| Debt / equity | 5.89 | 4.53 | 3.02 | 17.96 |
| Long-term debt ratio | 0.89 | 1.15 | 0.51 | 3.33 |
| Interest coverage | 2.41 | 3.12 | 55.29 | 31.67 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 1.0% | 1.1% | 17.9% | 3.3% |
| ROE | 6.6% | 5.9% | 72.0% | 63.0% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €3.77M | €2.82M | €1.93M | €2.55M |
| Fixed assets | 21/28 | €30k | €21k | €19k | €1k |
| Tangible fixed assets | 22/27 | €11k | €2k | €702 | €1k |
| Financial fixed assets | 28 | €19k | €19k | €19k | - |
| Current assets | 29/58 | €3.74M | €2.80M | €1.91M | €2.55M |
| Stocks & contracts in progress | 3 | €3.66M | €2.51M | €1.64M | €2.53M |
| Amounts receivable within one year | 40/41 | €24k | €68k | €7k | €793 |
| Cash & bank | 54/58 | €30k | €193k | €255k | €11k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.77M | €2.82M | €1.93M | €2.55M |
| Equity | 10/15 | €547k | €511k | €481k | €134k |
| Contributions / capital | 10/11 | €69k | €69k | €69k | €69k |
| Reserves | 13 | €360k | €341k | €310k | €54k |
| Accumulated profits (losses) | 14 | €118k | €101k | €102k | €12k |
| Amounts payable | 17/49 | €3.22M | €2.31M | €1.45M | €2.42M |
| Amounts payable after one year | 17 | €485k | €585k | €245k | €448k |
| Amounts payable within one year | 42/48 | €2.71M | €1.70M | €1.16M | €1.96M |
| Trade debts payable within one year | 44 | €24k | €48k | - | €5k |
| Income statement | |||||
| Gross operating margin | 9900 | €95k | €59k | €470k | €133k |
| Operating result | 9901 | €79k | €55k | €466k | €123k |
| Financial income | 75 | €168 | €253 | €15 | €5 |
| Financial charges | 65 | €34k | €18k | €8k | €4k |
| Result before taxes | 9903 | €46k | €38k | €458k | €121k |
| Income taxes | 67/77 | €10k | €8k | €111k | €36k |
| Net result for the period | 9904 | €36k | €30k | €346k | €85k |
| Result to be appropriated | 9905 | €36k | €30k | €346k | €85k |
| NACE primary | Development of residential building projects(68121) |
| Legal form | Private limited company(610) |
| Incorporation | 23-05-2000 |
| Status | Active |
| Postal code | 2970 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041B0151/00E000 | Flanders | 2,572 m² | 1 · 181 m² | 8.8 m · 2 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
01-08-2025 Registered office moved from Zoersel to 's Gravenwezel
- Uilendreef 31, 2980 Zoersel → Groene Wandeling 5, 2970 's Gravenwezel
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Groene Wandeling 5, 2970 \u0027s Gravenwezel",
"city": "\u0027s Gravenwezel",
"region": "vlaams_gewest",
"street": "Groene Wandeling",
"country": "BE",
"postcode": "2970",
"box_number": null,
"street_number": "5",
"locality_suffix": null
},
"old_address": {
"raw": "Uilendreef 31, 2980 Zoersel",
"city": "Zoersel",
"region": "vlaams_gewest",
"street": "Uilendreef",
"country": "BE",
"postcode": "2980",
"box_number": null,
"street_number": "31",
"locality_suffix": null
},
"effective_date": "2025-06-25",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-08-01",
"filing_date": "2025-07-23",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2025-07-07",
"unanimous": null
},
"subject_company": {
"kbo": "0471.950.827",
"name_full": "VR PROJECT",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Van Raemdonck Bob",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"de notulen van de bestuursvergadering dd. 07/07/2025"
]
}| Legal nameNL | VR PROJECT |