VREUGBERG
ActiveSummary
VREUGBERG has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46.2m and a net result of €1.4m. Equity remains stable across the filed fiscal years (±0.1% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability45▼-4
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 1.73; short-term debt: 0.9% and cash: 1.6% of total assets), and 1.1% 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 · 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
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
98.9%
Return on assets
3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
42 d late
2024
295 d late
2023
163 d late
2022
60 d late
2021
109 d late
2020
11 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 113 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema, statutory accounts
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
2018 · €0
EBIT margin
Not included in this filing
Net result
€1.4m▼ 35.0%
2024 · €2.2m
Working capital
€320,728▼ 10.5%
2024 · €358,244
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
Line20212022202320242025
Turnover
Operating result-€6,445▲ 82.0%-€53,680▼ 733%-€69,184▼ 28.9%-€72,143▼ 4.3%-€28,449▲ 60.6%
Net result€784,132€736,080▼ 6.1%€4.2m▲ 473%€2.2m▼ 49.0%€1.4m▼ 35.0%
Equity€46.7m=€46.7m▼ 0.1%€46.3m▼ 0.9%€46.2m▼ 0.2%€46.2m▼ 0.1%
Total assets€46.8m=€47.0m▲ 0.4%€46.4m▼ 1.3%€46.3m▼ 0.1%€46.7m▲ 0.9%
Debt€44,642▲ 16.9%€305,551▲ 584%€94,151▼ 69.2%€103,717▲ 10.2%€531,075▲ 412%
Working capital€830,963▲ 320%€807,986▼ 2.8%€424,886▼ 47.4%€358,244▼ 15.7%€320,728▼ 10.5%
Staff (FTE)
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €28,449 in 2025 against €72,143 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46.7m
Fixed assets
€45.9m =
Current assets
€758,174 ▲ 110%
Equity and liabilities €46.7m
Equity
€46.2m ▼ 0.1%
Debt
€531,075 ▲ 412%
Debt's share of the balance-sheet total rises from 0.2% to 1.1%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.73
Debt to equity
0.01▲
2024 · 0.00
ROE
3.0%▼
2024 · 4.7%
ROA
3.0%▼
2024 · 4.6%
Debt ≤ 1 year
€437,447▲
2024 · €2,553
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €36,580 | €0 | - | - | €18,414 | - |
| Other operating income74 | €1,000 | €0 | - | - | - | - |
| Non-recurring operating income76A | €35,580 | €0 | - | - | €18,414 | - |
| Operating charges60/66A | €43,026 | €53,680 | €69,184 | €72,143 | €46,862 | ▼ 35.0% |
| Services and other goods61 | €41,964 | €52,690 | €68,092 | €71,035 | €45,720 | ▼ 35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | - | - |
| Other operating charges640/8 | €1,062 | €990 | €1,092 | €1,108 | €1,143 | ▲ 3.1% |
| Operating profit (loss)9901 | -€6,445 | -€53,680 | -€69,184 | -€72,143 | -€28,449 | ▲ 60.6% |
| Financial income75/76B | €793,897 | €793,897 | €4.3m | €2.2m | €1.4m | ▼ 35.8% |
| Recurring financial income75 | €793,897 | €793,897 | €4.3m | €2.2m | €1.4m | ▼ 35.8% |
| Income from financial fixed assets750 | €793,897 | €793,897 | €4.3m | €2.2m | €1.4m | ▼ 35.8% |
| Financial charges65/66B | €3,320 | €4,137 | €5,286 | €1,511 | €1,531 | ▲ 1.3% |
| Recurring financial charges65 | €3,320 | €4,137 | €5,286 | €1,511 | €1,531 | ▲ 1.3% |
| Debt charges650 | €3,003 | €2,712 | €3,835 | €0 | - | - |
| Other financial charges652/9 | €317 | €1,425 | €1,450 | €1,511 | €1,531 | ▲ 1.3% |
| Profit (loss) for the period before taxes9903 | €784,132 | €736,080 | €4.2m | €2.2m | €1.4m | ▼ 35.0% |
| Profit (loss) for the period9904 | €784,132 | €736,080 | €4.2m | €2.2m | €1.4m | ▼ 35.0% |
| Profit (loss) for the period to be appropriated9905 | €784,132 | €736,080 | €4.2m | €2.2m | €1.4m | ▼ 35.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46.8m | €47.0m | €46.4m | €46.3m | €46.7m | ▲ 0.9% |
| Fixed assets21/28 | €45.9m | €45.9m | €45.9m | €45.9m | €45.9m | = |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - |
| Land and buildings22 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €45.9m | €45.9m | €45.9m | €45.9m | €45.9m | = |
| Affiliated companies280/1 | €45.9m | €45.9m | €45.9m | €45.9m | €45.9m | = |
| Participating interests280 | €45.9m | €45.9m | €45.9m | €45.9m | €45.9m | = |
| Current assets29/58 | €843,063 | €1.0m | €424,886 | €360,797 | €758,174 | ▲ 110% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Cash at bank and in hand54/58 | €843,063 | €1.0m | €424,886 | €360,797 | €758,174 | ▲ 110% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46.8m | €47.0m | €46.4m | €46.3m | €46.7m | ▲ 0.9% |
| Equity10/15 | €46.7m | €46.7m | €46.3m | €46.2m | €46.2m | ▼ 0.1% |
| Contributions10/11 | €110,020 | €110,020 | €110,020 | €110,020 | €110,020 | = |
| Revaluation surpluses12 | €23.5m | €23.5m | €23.5m | €23.5m | €23.5m | = |
| Reserves13 | €23.2m | €23.1m | €22.7m | €22.6m | €22.6m | ▼ 0.1% |
| Distributable reserves133 | €23.2m | €23.1m | €22.7m | €22.6m | €22.6m | ▼ 0.1% |
| Amounts payable17/49 | €44,642 | €305,551 | €94,151 | €103,717 | €531,075 | ▲ 412% |
| Amounts payable within one year42/48 | €12,100 | €238,169 | €0 | €2,553 | €437,447 | ▲ 17,033% |
| Trade debts44 | €12,100 | €0 | - | €2,553 | €8,875 | ▲ 248% |
| Suppliers440/4 | €12,100 | €0 | - | €2,553 | €8,875 | ▲ 248% |
| Taxes, remuneration and social security45 | - | €238,169 | €0 | - | €428,571 | - |
| Taxes450/3 | - | €238,169 | €0 | - | €428,571 | - |
| Accrued charges and deferred income492/3 | €32,542 | €67,382 | €94,151 | €101,164 | €93,628 | ▼ 7.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €784,132 | €736,080 | €4.2m | €2.2m | €1.4m | ▼ 35.0% |
| + Depreciation and write-downs630 | €0 | - | - | - | - | - |
| Operating cash flow (approximation) | €784,132 | €736,080 | €4.2m | €2.2m | €1.4m | ▼ 35.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €203,092 | -€621,269 | -€64,089 | €397,377 | ▲ 720% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 42 days late
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated · 163 days late
07-07
State Gazette act
Reappointment: PwC Bedrijfsrevisoren BV (statutory auditor)Auditor report · Power of attorney4 facts ▸
State Gazette act
Reappointment: PwC Bedrijfsrevisoren BV (statutory auditor)
Auditor report · Power of attorney4 facts ▸
- General meeting, 13-05-2026
- Auditor report, 31-12-2025, 01-01-2025
- Power of attorney, HLB Sefico BV
- Auditor reappointment, PwC Bedrijfsrevisoren BV (statutory auditor)
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 295 days late
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated · 60 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 163 days late
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated · 109 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 60 days late
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 109 days late
2021
31-12
Financial
Back to profitnet €784,132
Net result €784,132 after one loss-making year.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated · 11 days late
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 11 days late
2020
31-12
Financial
Weakest financial yearnet -€35,902
Net result drops to -€35,902, the lowest in the series; recovery starts the following year.
2019
31-12
Financial
Liquidity times 854current ratio 34.83
Current ratio from 0.04 to 34.83; short-term debt falls from €703,562 to €3,025.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 11 acts read
About the unread acts
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
Statutory auditor 1
BV PwC Bedrijfsrevisoren
CurrentStatutory auditor · since 07-07-2026 · perm. rep.: Steven Van Bael
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2014
Ground area
2,702 m²
Building footprint
807 m²
Volume, LiDAR
14,935 m³
2 parcels, Flanders · tallest building 20.9 m, ±7 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Coupure 162, 9000 Gent
since 20142.232.320.089
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F2064/00G000 | Flanders | 1,765 m² | 1 · 365 m² | 20.9 m · 7 fl. |
| 44806F0580/00H012 | Flanders | 937 m² | 1 · 442 m² | 20.6 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Mandate history
1 person since 2026, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| BV PwC Bedrijfsrevisoren |
|
Structure & network
Owners and holdings
1 holding · 3 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
All subsidiaries, including indirect ones 3
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
Verbrugge Internationale Wegtransporten 100%2 subsidiaries
- Vreugberg Vastgoed BVNL 100%
- Verbrugge International B.VNL 67.74%
According to the 2025 annual accounts of VREUGBERG and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded07-08-1987
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0544976583
Also
9925:BE0544976583
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.