VR Works
ActiveVR Works has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €26k. Its solvency ranks better than 32% of 1888 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes
Profitability100
Solvency33
Growth-
Stability67
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.4), and 71.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
28.5%
Return on assets
24%
Age of the figures
9 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€31k
Total assets
€110k
Net result
€26k
Working capital
€-33k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €110k
Fixed assets
€88k
Current assets
€22k
Equity and liabilities €110k
Equity
€31k
Debt
€79k
Debt finances 71.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€41k
Cash flow
€32k
Solvency
28.5%
Current ratio
0.40
Quick ratio
0.40
Debt / equity
2.51
ROE
84.0%
ROA
24.0%
Interest coverage
38.11
Debt
€79k
Debt ≤ 1 year
€55k
Debt > 1 year
€24k
Income taxes
€8k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€110k
Formation expenses20€224
Fixed assets21/28€88k
Tangible fixed assets22/27€88k
Land and buildings22€47k
Plant, machinery and equipment23€5k
Furniture and vehicles24€36k
Current assets29/58€22k
Amounts receivable within one year40/41€8k
Other amounts receivable41€8k
Cash at bank and in hand54/58€12k
Deferred charges and accrued income490/1€2k
Equity and liabilities
Total equity and liabilities10/49€110k
Equity10/15€31k
Contributions10/11€5k
Reserves13€26k
Distributable reserves133€26k
Amounts payable17/49€79k
Amounts payable after more than one year17€24k
Financial debts170/4€24k
Amounts payable within one year42/48€55k
Current portion of amounts payable after more than one year42€14k
Trade debts44€14k
Suppliers440/4€14k
Taxes, remuneration and social security45€1k
Taxes450/3€1k
Other amounts payable47/48€25k
Accrued charges and deferred income492/3€217
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k
Other operating charges640/8€935
Gross operating margin9900€42k
Operating profit (loss)9901€36k
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€1k
Recurring financial charges65€1k
Profit (loss) for the period before taxes9903€35k
Income taxes67/77€8k
Profit (loss) for the period9904€26k
Profit (loss) for the period to be appropriated9905€26k
Appropriation of the result
Profit (loss) to be appropriated9906€26k
Transfer to equity691/2€26k
To other reserves6921€26k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Menen · 1 establishment unit since 2025
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.
Moeskroenstraat 4258930 MenenGround area
1,366 m²
Building footprint
122 m²
Volume, LiDAR
801 m³
Parcel 34032A0175/00Z002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VR Works
since 20252.371.162.723
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34032A0175/00Z002 | Flanders | 1,366 m² | 1 · 121 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Wouter Verrezen
BE 1004.547.242
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MWK
BE 1006.888.704
Tielt · Eq €31k
Vekemans Metaalconstructie
BE 0507.879.825
Genk · Eq €31k
S.E. SOUDURES
BE 0878.125.459
Verviers · Eq €31k
VABO Aanhangwagens
BE 0652.819.896
Sint-Truiden · Eq €31k
Of 3,964 companies in sector 25110 we hold annual accounts for 2,132. 1,236 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-03-2025
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
30910Manufacture of other transport equipment
43342Specialised construction activities
43910Bricklaying and masonry work
43990Other specialised construction activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.