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Vrebos Systems

Active
Public limited companyfounded 1979active for 47 yearsDuisburgsesteenweg 6, 3090 Overijse, BelgiumKBO/BCE: BE 0419.522.723
Summary

Vrebos Systems has been active since 1979 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €819,721. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 54% of 2,436 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Joinery installation
NACE 43320Manufacture of rubber and plastic products NACE 22240
3rd fastest staff growth in Overijse2 sites
Size
€12.1mturnover 2025
Staff
42.9 FTE
Equity
€2.0m
Profit
€819,721
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
TRADE SYSTEMS · 100%
Board
5 members
Holdings
1
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES2025 accounts 74 days early
Why 95raises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 1979Size: turnover €12.1m, 42.9 FTE, total assets €4.5mLiquidity: current ratio 1.16, cash €649,162, halvedShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 57% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Strong
Solvency 70+18
equity 45.2% of total assets
Liquidity 43-20
short-term debt 49.5% · cash 14.5%
Profitability 82-12
return on assets 18.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,647 companies, NACE 43, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.16, compared with 1.13 in 2024, below the usual 1.5; short-term debt: 49.5% and cash: 14.5% of total assets), and 54.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 61% on solvency, 47% on liquidity, 76% on profitability and 46% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1979
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €12.1m, 42.9 FTE, total assets €4.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.16, cash €649,162, halved
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
74 days early
2024
31 days early
2023
104 days early
2022
68 days early
2021
27 days early
2020
26 days early
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 50 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 May (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignation: Martinus MEGENS (director)Appointment: Florian JUNG (director) ·…
  3. Equity above €2mequity €2.0m ▲18.8%

Key points

  • Positive: 3rd fastest staff growth in Overijsein the Checked rankings No. 3 View
  • Board changedlatest change 16-03-2026 · 5 in office 2 joined · 2 left View
  • Caution: Result fell in 2025from €1.6m to €819,721 ▼ 48.3% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by TRADE SYSTEMSultimately: Adeleon Familienholding GmbH 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €819,721 7 years View
  • Active since 1979founded 18-05-1979 47 years View

By topic

Financials

Financial year
2025
Turnover
€12.1m
Profit
€819,721
Solvency
45.2%
Turnover▼ 15.6%
Net result
20182025
Go to Financials

Board & ownership

Board
5 members
Parent
TRADE SYSTEMS · 100%
Auditor
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
  • KwadratumDirector
  • Martijn MEGENSDirector
  • Linda VUCHELENDaily manager
  • Marc Jacob VAN DER SPEKDirector
  • Florian JUNGDirector
Go to Board & ownership

Network & group

Group
Adeleon Familienholding GmbH
Holdings
1
Connected companies
2
Mergers and asset contributions
1

1 holding

Go to Network & group

Timeline

Events
66
Since
1981
Next accounts
by 31-07-2027
  1. 12-12-2025Resignation: Oliver NEHRING (director)
  2. 30-06-2025Annual accounts filed
  3. 31-12-2024Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Joinery installationNACE 43320
Founded
18-05-1979
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
13
Who signs
Two directors jointly
Annual meeting
Second Monday of May at 20:30
Purpose
“Algemene schrijnwerkerij in alle mogelijke grondstoffen (hout,P.V.C.,aluminium,enz.),de…” (deed in Dutch)
Go to Articles of association

Key facts about Vrebos Systems

What is the company number of Vrebos Systems?
0419.522.723. In Belgium the VAT number is the company number with BE in front: BE 0419.522.723.
Where is Vrebos Systems based?
The registered office is at Duisburgsesteenweg 6, 3090 Overijse.Company details
What does Vrebos Systems do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of Vrebos Systems?
Public limited company (NV).
When was Vrebos Systems founded?
On 18-05-1979.
Is Vrebos Systems still active?
Yes, Vrebos Systems is an active enterprise in the KBO register.
How many employees does Vrebos Systems have?
On average 42.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Vrebos Systems?
€12.1m in financial year 2025, according to the filed annual accounts.
Is Vrebos Systems profitable?
In financial year 2025, Vrebos Systems made a profit of €819,721.
Where can I find the annual accounts of Vrebos Systems?
Vrebos Systems filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Vrebos Systems due?
By 31-07-2027, for financial year 2026.Timeline

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