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VREBO

Active
Public limited companyfounded 2000active for 26 yearsHoeksken 18, 3370 Boutersem, BelgiumKBO/BCE: BE 0470.519.086
Summary

VREBO has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €383,454 and a net result of €18,003. Equity remains stable across the filed financial years (±1.3% per year). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, micro format

Equity
€383,454▲ 4.9%
2024 · €365,451
Total assets
€436,414▼ 14.2%
2024 · €508,719
Net result
€18,003
2024 · -€6,681
Working capital
€383,454▲ 4.9%
2024 · €365,451
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result stays negative: a loss of €3,087 in 2025 against €2,243 in 2024; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€3,087 2025 Net result€18,003 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€3,372--€31,603▼ 837%-€16,593▲ 47.5%-€1,871▲ 88.7%-€848▲ 54.7%-€2,243▼ 165%-€3,087▼ 37.6%
Net result-€4,773-€257,054-€2,480-€1,477▲ 40.4%€9,803-€6,681€18,003
Equity€109,232-€366,286▲ 235%€363,806▼ 0.7%€362,329▼ 0.4%€372,132▲ 2.7%€365,451▼ 1.8%€383,454▲ 4.9%
Total assets€363,533-€515,441▲ 41.8%€509,493▼ 1.2%€472,766▼ 7.2%€493,885▲ 4.5%€508,719▲ 3.0%€436,414▼ 14.2%
Debt€221,071-€41,577▼ 81.2%€38,109▼ 8.3%€2,859▼ 92.5%€14,175▲ 396%€143,268▲ 911%€52,960▼ 63.0%
Working capital-€109,535-€477,332€471,384▼ 1.2%€469,907▼ 0.3%€479,710▲ 2.1%€365,451▼ 23.8%€383,454▲ 4.9%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €436,414
Equity €383,454 ▲ 4.9%
Debt €52,960 ▼ 63.0%
Debt's share of the balance-sheet total falls from 28.2% to 12.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
8.24▲
2024 · 3.55
Debt to equity
0.14▼
2024 · 0.39
ROE
4.7%▲
2024 · -1.8%
ROA
4.1%▲
2024 · -1.3%
Debt ≤ 1 year
€52,960▼
2024 · €143,268
Income taxes
-€8,817▼
2024 · €129,093
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.4% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,042 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€508,719€436,414▼
Current assets29/58€508,719€436,414▼
Amounts receivable within one year40/41€505,862€427,538▼
Other amounts receivable41€505,862€427,538▼
Cash at bank and in hand54/58€2,857€8,876▲
Equity and liabilities
Total equity and liabilities10/49€508,719€436,414▼
Equity10/15€365,451€383,454▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€303,451€321,454▲
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€297,251€315,254▲
Amounts payable17/49€143,268€52,960▼
Amounts payable within one year42/48€143,268€52,960▼
Taxes, remuneration and social security45€133,268€52,960▼
Taxes450/3€133,268€52,960▼
Other amounts payable47/48€10,000-
Income statement Code20242025
Gross operating margin9900-€2,243-€3,087▼
Operating profit (loss)9901-€2,243-€3,087▼
Financial income75/76B€17,106€14,541▼
Recurring financial income75€17,106€14,541▼
Non-recurring financial income76B€17,106€14,541▼
Financial charges65/66B€29€2,268▲
Recurring financial charges65€29€2,268▲
Profit (loss) for the period before taxes9903€14,834€9,186▼
Transfer from deferred taxes780€107,578-
Income taxes67/77€129,093-€8,817▼
Profit (loss) for the period9904-€6,681€18,003▲
Transfer from tax-exempt reserves789€256,106-
Profit (loss) for the period to be appropriated9905€249,425€18,003▼
Appropriation of the result
Profit (loss) to be appropriated9906€249,425€18,003▼
Transfer to equity691/2€249,425€18,003▼
To the legal reserve6920€249,425-
To other reserves6921-€18,003
Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,316-------
Gross operating margin9900€17,567-€30,086-€13,698-€1,871-€848-€2,243-€3,087▼ 37.6%
Operating profit (loss)9901-€3,372-€31,603-€16,593-€1,871-€848-€2,243-€3,087▼ 37.6%
Financial income75/76B---€15,728€16,528€17,106€14,541▼ 15.0%
Recurring financial income75---€15,728€16,528€17,106€14,541▼ 15.0%
Non-recurring financial income76B---€15,728€16,528€17,106€14,541▼ 15.0%
Financial charges65/66B---€164€35€29€2,268▲ 7,721%
Recurring financial charges65€2,838€4,254€92€164€35€29€2,268▲ 7,721%
Profit (loss) for the period before taxes9903-€6,210€366,652-€2,480€13,693€15,645€14,834€9,186▼ 38.1%
Transfer from deferred taxes780-----€107,578--
Income taxes67/77-€35,250-€15,170€5,842€129,093-€8,817-
Profit (loss) for the period9904-€4,773€257,054-€2,480-€1,477€9,803-€6,681€18,003-
Transfer from tax-exempt reserves789-----€256,106--
Profit (loss) for the period to be appropriated9905-€2,617€71,200-€2,480-€1,477€9,803€249,425€18,003▼ 92.8%
Line2019202020212022202320242025Change
Assets
Total assets20/58€363,533€515,441€509,493€472,766€493,885€508,719€436,414▼ 14.2%
Fixed assets21/28€359,991-------
Tangible fixed assets22/27€359,991-------
Current assets29/58€3,542€515,441€509,493€472,766€493,885€508,719€436,414▼ 14.2%
Amounts receivable within one year40/41-€49,716€465,721€465,087€488,756€505,862€427,538▼ 15.5%
Other amounts receivable41---€465,087€488,756€505,862€427,538▼ 15.5%
Cash at bank and in hand54/58€3,542€465,725€43,772€7,679€5,129€2,857€8,876▲ 211%
Equity and liabilities
Total equity and liabilities10/49€363,533€515,441€509,493€472,766€493,885€508,719€436,414▼ 14.2%
Equity10/15€109,232€366,286€363,806€362,329€372,132€365,451€383,454▲ 4.9%
Contributions10/11€62,000€62,000€62,000€62,000€62,000€62,000€62,000=
Capital10---€62,000€62,000€62,000€62,000=
Issued capital100---€62,000€62,000€62,000€62,000=
Reserves13€76,152€304,286€304,286€304,286€310,132€303,451€321,454▲ 5.9%
Non-distributable reserves130/1---€6,200€6,200€6,200€6,200=
Legal reserve130---€6,200€6,200€6,200€6,200=
Tax-exempt reserves132---€256,106€256,106---
Distributable reserves133---€41,980€47,826€297,251€315,254▲ 6.1%
Profit (loss) carried forward14-€28,920-€26,303-€2,480-€3,957----
Provisions and deferred taxes16€33,230€107,578€107,578€107,578€107,578---
Deferred taxes168---€107,578€107,578---
Amounts payable17/49€221,071€41,577€38,109€2,859€14,175€143,268€52,960▼ 63.0%
Amounts payable after more than one year17€107,994-------
Amounts payable within one year42/48€113,077€38,109€38,109€2,859€14,175€143,268€52,960▼ 63.0%
Taxes, remuneration and social security45----€4,175€133,268€52,960▼ 60.3%
Taxes450/3----€4,175€133,268€52,960▼ 60.3%
Other amounts payable47/48---€2,859€10,000€10,000--
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€4,773€257,054-€2,480-€1,477€9,803-€6,681€18,003-
+ Depreciation and write-downs630€18,316-------
Operating cash flow (approximation)€13,543€257,054-€2,480-€1,477€9,803-€6,681€18,003-
Change in cash-€462,183-€421,953-€36,093-€2,550-€2,272€6,019-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 25 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 micro format 15-12-2025 2025-00582869
30-06-2024 micro format 31-01-2025 2025-00024851
30-06-2023 micro format 31-01-2024 2024-00020623
30-06-2022 micro format 31-08-2022 2022-20399811
30-06-2021 micro format 23-02-2022 2022-06200076
30-06-2020 micro format 29-03-2021 2021-08800023
30-06-2019 micro format 13-01-2020 2020-00900121
30-06-2018 micro format 16-05-2019 2019-13200449
30-06-2017 micro format 28-02-2018 2018-05800097
30-06-2016 abbreviated format 31-01-2017 2017-03000404

Show all 25 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.