VRAL
ActiveVRAL has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-9k) and a net result of €-13k. Equity is shrinking by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 17% of 3112 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-1
Solvency25=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.39 against 0.37 in 2024; short-term debt: 68.7% and cash: 0.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-0.4%
Return on assets
-0.7%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-9k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
43 d early
2023
4 d early
2022
2 d late
2021
10 d late
2020
1 d early
2019
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€194k
EBIT margin
-1.6%
Net result
€-13k
2024 · €6k
2019: €-3k
2020: €4k
2021: €10k
2022: €1k
2023: €-28k
2024: €6k
2019 → 2025
Working capital
€-823k▼ 7.2%
2024 · €-767k
2019: €-500k
2020: €-455k
2021: €-727k
2022: €-692k
2023: €-739k
2024: €-767k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€36k-€36k▲ 0.4%€4k▼ 88.6%€7k▲ 76.5%€-9k
Operating result€19k-€4k▼ 78.9%€-19k€18k€-9k
Net result€10k-€1k▼ 87.8%€-28k€6k€-13k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9k after €18k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.97M
Fixed assets
€1.44M▼ 0.1%
Current assets
€527k▲ 19.2%
Key figures and ratios
EBITDA
€152k▼
2024 · €206k
Cash flow
€148k▼
2024 · €195k
Solvency
-0.4%▼
2024 · 0.4%
Current ratio
0.39▲
2024 · 0.37
Quick ratio
0.24▲
2024 · 0.06
ROA
-0.7%▼
2024 · 0.3%
Interest coverage
8.68▼
2024 · 12.61
Debt
€1.97M▲
2024 · €1.86M
Debt ≤ 1 year
€1.35M▲
2024 · €1.21M
Debt > 1 year
€624k▼
2024 · €655k
A ratio outside any meaningful range has been withheld (balance sheet total €1.97M, equity €-9k).
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€1.88M€1.97M▲
Fixed assets21/28€1.44M€1.44M▼
Tangible fixed assets22/27€1.44M€1.44M▼
Land and buildings22€789k€730k▼
Plant, machinery and equipment23€651k€708k▲
Current assets29/58€442k€527k▲
Stocks and contracts in progress3€373k€202k▼
Stocks30/36€373k€202k▼
Amounts receivable within one year40/41€28k€306k▲
Trade receivables40€26k€288k▲
Other amounts receivable41€3k€19k▲
Cash at bank and in hand54/58€36k€13k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.88M€1.97M▲
Equity10/15€7k€-9k▼
Contributions10/11€19k€19k=
Reserves13€20k-
Tax-exempt reserves132€20k-
Profit (loss) carried forward14€-50k€-43k▲
Investment grants15€19k€16k▼
Provisions and deferred taxes16€11k-
Deferred taxes168€11k-
Amounts payable17/49€1.86M€1.97M▲
Amounts payable after more than one year17€655k€624k▼
Financial debts170/4€655k€624k▼
Amounts payable within one year42/48€1.21M€1.35M▲
Current portion of amounts payable after more than one year42€85k€119k▲
Trade debts44€164k€321k▲
Suppliers440/4€164k€321k▲
Other amounts payable47/48€960k€909k▼
Income statement
Code20242025
Non-recurring operating income76A-€70k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€189k€161k▼
Other operating charges640/8€867€902▲
Gross operating margin9900€207k€153k▼
Operating profit (loss)9901€18k€-9k▼
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€16k€18k▲
Recurring financial charges65€16k€18k▲
Profit (loss) for the period before taxes9903€4k€-24k▼
Transfer from deferred taxes780€2k€11k▲
Profit (loss) for the period9904€6k€-13k▼
Transfer from tax-exempt reserves789€3k€20k▲
Profit (loss) for the period to be appropriated9905€10k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-43k▲
Profit (loss) brought forward from the previous period14P€-59k€-50k▲
The notes to these accounts (9 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €-28k ▼2496%
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2021
10-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
31-03
Financial
Highest result since 2019net €10k ▲117%
Operating result €19k, net result €10k, both a record.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-03
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
2019
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Walcourt · 1 establishment unit since 2009
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.
Rue de Gerpinnes(Tar) 365651 WalcourtGround area
310 m²
Building footprint
121 m²
Parcel 93076C0084/00P000, Wallonia. Linked by address, not a title deed.
1 establishment unit
VRAL
since 20092.179.416.190
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93076C0084/00P000 | Wallonia | 309 m² | 1 · 121 m² | - |
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.
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Of 5,167 companies in sector 01110 we hold annual accounts for 612. 137 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2009
Fiscal year end31-03
Activities, NACEBEL
01110Growing of cereals (except rice), leguminous crops and oil seeds
01290Crop and animal production, hunting and related service activities
01610Support activities for crop production
01620Support activities for animal production
01630Crop and animal production, hunting and related service activities
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.