VR SPARX
ActiveSummary
VR SPARX has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €141k and a net result of €-1k. Its solvency ranks better than 46% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-3
Solvency80▼-20
Growth32
Track record82
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days only on tighter terms
Liquidity ample (current ratio 17.99 against 5.32 in 2024; short-term debt: 2.7% and cash: 35.1% of total assets), and 45% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
29 d early
2024
56 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-1k
2024 · €3k
Working capital
€117k▲ 24.0%
2024 · €94k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€3k-€-1k
Net result€3k-€-1k
Equity€143k-€141k▼ 0.9%
Total assets€164k-€257k▲ 56.3%
Debt€22k-€116k▲ 432%
Working capital€94k-€117k▲ 24.0%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1k after €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €257k
Fixed assets
€134k ▲ 174%
Current assets
€123k ▲ 6.7%
Equity and liabilities €257k
Equity
€141k ▼ 0.9%
Debt
€116k ▲ 432%
Debt's share of the balance-sheet total rises from 13.2% to 45.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1k▼
2024 · €4k
Cash flow
€1k▼
2024 · €4k
Current ratio
17.99▲
2024 · 5.32
Debt to equity
0.82▲
2024 · 0.15
ROE
-0.9%▼
2024 · 1.9%
ROA
-0.5%▼
2024 · 1.7%
Interest coverage
20.78▼
2024 · 80.20
Debt ≤ 1 year
€7k▼
2024 · €22k
Debt > 1 year
€100k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | ▲ 127% |
| Other operating charges640/8 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €4k | €1k | ▼ 64.6% |
| Operating profit (loss)9901 | €3k | €-1k | ▼ 144% |
| Financial charges65/66B | €47 | €52 | ▲ 9.7% |
| Recurring financial charges65 | €47 | €52 | ▲ 9.7% |
| Profit (loss) for the period before taxes9903 | €3k | €-1k | ▼ 147% |
| Profit (loss) for the period9904 | €3k | €-1k | ▼ 147% |
| Profit (loss) for the period to be appropriated9905 | €3k | €-1k | ▼ 147% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €164k | €257k | ▲ 56.3% |
| Fixed assets21/28 | €49k | €134k | ▲ 174% |
| Tangible fixed assets22/27 | €49k | €134k | ▲ 174% |
| Furniture and vehicles24 | €6k | €4k | ▼ 39.1% |
| Assets under construction and advance payments27 | €43k | €130k | ▲ 204% |
| Current assets29/58 | €116k | €123k | ▲ 6.7% |
| Amounts receivable within one year40/41 | €4k | €31k | ▲ 688% |
| Trade receivables40 | - | €28k | - |
| Other amounts receivable41 | €4k | €3k | ▼ 19.0% |
| Cash at bank and in hand54/58 | €111k | €90k | ▼ 18.9% |
| Deferred charges and accrued income490/1 | €571 | €2k | ▲ 225% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €164k | €257k | ▲ 56.3% |
| Equity10/15 | €143k | €141k | ▼ 0.9% |
| Contributions10/11 | €140k | €140k | = |
| Profit (loss) carried forward14 | €3k | €1k | ▼ 47.0% |
| Amounts payable17/49 | €22k | €116k | ▲ 432% |
| Amounts payable after more than one year17 | - | €100k | - |
| Financial debts170/4 | - | €100k | - |
| Amounts payable within one year42/48 | €22k | €7k | ▼ 68.4% |
| Trade debts44 | €22k | €7k | ▼ 68.4% |
| Suppliers440/4 | €22k | €7k | ▼ 68.4% |
| Accrued charges and deferred income492/3 | - | €9k | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-1k | ▼ 147% |
| + Depreciation and write-downs630 | €1k | €2k | ▲ 127% |
| Operating cash flow (approximation) | €4k | €1k | ▼ 72.6% |
| Investment in fixed assets (approximation) | - | €-87k | - |
| Change in cash | - | €-21k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 17.99
Current ratio from 5.32 to 17.99; short-term debt falls from €22k to €7k.
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Chaudfontaine · 1 establishment unit since 2024
Ground area
1,143 m²
Building footprint
134 m²
Volume, LiDAR
1,563 m³
Parcel 62022C0162/00M000, Wallonia · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
VR SPARX
since 20242.360.471.442
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62022C0162/00M000 | Wallonia | 1,143 m² | 1 · 134 m² | 16.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,772. 6,878 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
58190Other publishing activities, excluding software publishing
58210Publishing activities
59113Video and film production, excluding cinema and television films
59201Sound recording
Scores and ratios are computed by Checked and are not a credit decision.