VREVAN
ActiveSummary
VREVAN has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €455,137 and a net result of -€39,890. Equity is growing by ~9.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18▼-59
Solvency73▼-14
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity tight (current ratio 1.02 against 5.87 in 2024; short-term debt: 4.3% and cash: 3.9% of total assets), and 52% 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
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
13 d late
2023
33 d late
2022
4 d early
2021
19 d late
2020
12 d late
2019
83 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 19 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. Usually files around 13 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€39,890
2024 · €52,785
Working capital
€884▼ 99.5%
2024 · €195,781
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
Operating result€229,437▲ 656%€30,628▼ 86.7%€20,188▼ 34.1%€72,548▲ 259%-€39,266
Net result€167,301▲ 659%€18,481▼ 89.0%€11,351▼ 38.6%€52,785▲ 365%-€39,890
Equity€411,543▲ 68.5%€430,025▲ 4.5%€442,243▲ 2.8%€495,027▲ 11.9%€455,137▼ 8.1%
Total assets€891,413▲ 29.0%€776,194▼ 12.9%€762,615▼ 1.7%€803,173▲ 5.3%€947,832▲ 18.0%
Debt€407,525▼ 3.9%€274,692▼ 32.6%€249,763▼ 9.1%€222,812▼ 10.8%€409,122▲ 83.6%
Working capital€198,275▲ 17,170%€213,612▲ 7.7%€184,189▼ 13.8%€195,781▲ 6.3%€884▼ 99.5%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €39,266 after €72,548 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €947,832
Fixed assets
€905,918 ▲ 59.7%
Current assets
€41,915 ▼ 82.2%
Equity and liabilities €947,832
Equity
€455,137 ▼ 8.1%
Provisions
€83,573 ▼ 2.1%
Debt
€409,122 ▲ 83.6%
Debt's share of the balance-sheet total rises from 27.7% to 43.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1,880▼
2024 · €107,205
Cash flow
€1,256▼
2024 · €87,441
Current ratio
1.02▼
2024 · 5.87
Debt to equity
0.90▲
2024 · 0.45
ROE
-8.8%▼
2024 · 10.7%
ROA
-4.2%▼
2024 · 6.6%
Interest coverage
0.49▼
2024 · 26.08
Debt ≤ 1 year
€41,031▲
2024 · €40,213
Debt > 1 year
€368,091▲
2024 · €182,598
Income taxes
-€0▼
2024 · €2,882
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
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 0.7% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 8,611 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €201,317 | - | - | €64,056 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,937 | €24,789 | €32,272 | €34,657 | €41,146 | ▲ 18.7% |
| Other operating charges640/8 | €5,200 | €4,557 | €5,567 | €16,686 | €693 | ▼ 95.8% |
| Non-recurring operating charges66A | - | - | - | - | €7,920 | - |
| Gross operating margin9900 | €258,574 | €59,974 | €58,027 | €123,891 | €10,493 | ▼ 91.5% |
| Operating profit (loss)9901 | €229,437 | €30,628 | €20,188 | €72,548 | -€39,266 | ▼ 154% |
| Financial income75/76B | - | €276 | €795 | €1,954 | €1,455 | ▼ 25.5% |
| Recurring financial income75 | - | €276 | €795 | €1,954 | €1,455 | ▼ 25.5% |
| Financial charges65/66B | €9,916 | €5,949 | €4,572 | €4,111 | €3,841 | ▼ 6.6% |
| Recurring financial charges65 | €9,916 | €5,949 | €4,572 | €4,111 | €3,841 | ▼ 6.6% |
| Profit (loss) for the period before taxes9903 | €219,521 | €24,955 | €16,411 | €70,391 | -€41,651 | ▼ 159% |
| Transfer from deferred taxes780 | €867 | €867 | - | €1,035 | €1,761 | ▲ 70.2% |
| Transfer to deferred taxes680 | €50,329 | - | - | €15,759 | - | - |
| Income taxes67/77 | €2,757 | €7,340 | €5,060 | €2,882 | -€0 | ▼ 100% |
| Profit (loss) for the period9904 | €167,301 | €18,481 | €11,351 | €52,785 | -€39,890 | ▼ 176% |
| Transfer from tax-exempt reserves789 | €1,683 | €1,683 | €2,550 | €2,187 | €4,365 | ▲ 99.6% |
| Transfer to tax-exempt reserves689 | €150,987 | - | - | €47,278 | - | - |
| Profit (loss) for the period to be appropriated9905 | €17,997 | €20,165 | €13,901 | €7,693 | -€35,525 | ▼ 562% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €891,413 | €776,194 | €762,615 | €803,173 | €947,832 | ▲ 18.0% |
| Fixed assets21/28 | €549,879 | €525,090 | €538,798 | €567,178 | €905,918 | ▲ 59.7% |
| Tangible fixed assets22/27 | €549,879 | €525,090 | €538,798 | €567,178 | €905,918 | ▲ 59.7% |
| Land and buildings22 | €537,511 | €515,601 | €493,691 | €534,146 | €870,230 | ▲ 62.9% |
| Plant, machinery and equipment23 | €12,368 | €9,489 | €6,610 | €3,731 | €7,681 | ▲ 106% |
| Furniture and vehicles24 | - | - | €38,497 | €29,301 | €28,007 | ▼ 4.4% |
| Current assets29/58 | €341,534 | €251,104 | €223,818 | €235,995 | €41,915 | ▼ 82.2% |
| Amounts receivable within one year40/41 | €17,846 | €50,394 | €108,581 | €69,069 | €1,413 | ▼ 98.0% |
| Trade receivables40 | €3,200 | €12,800 | €2,400 | €15,012 | - | - |
| Other amounts receivable41 | €14,646 | €37,594 | €106,181 | €54,057 | €1,413 | ▼ 97.4% |
| Cash at bank and in hand54/58 | €323,688 | €200,710 | €115,237 | €166,925 | €36,651 | ▼ 78.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €3,851 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €891,413 | €776,194 | €762,615 | €803,173 | €947,832 | ▲ 18.0% |
| Equity10/15 | €411,543 | €430,025 | €442,243 | €495,027 | €455,137 | ▼ 8.1% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €199,919 | €198,236 | €196,553 | €241,644 | €392,279 | ▲ 62.3% |
| Non-distributable reserves130/1 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Tax-exempt reserves132 | €193,722 | €192,039 | €190,356 | €235,447 | €231,082 | ▼ 1.9% |
| Distributable reserves133 | - | - | - | - | €155,000 | - |
| Profit (loss) carried forward14 | €149,651 | €169,815 | €183,716 | €191,409 | €885 | ▼ 99.5% |
| Provisions and deferred taxes16 | €72,344 | €71,477 | €70,610 | €85,334 | €83,573 | ▼ 2.1% |
| Deferred taxes168 | €72,344 | €71,477 | €70,610 | €85,334 | €83,573 | ▼ 2.1% |
| Amounts payable17/49 | €407,525 | €274,692 | €249,763 | €222,812 | €409,122 | ▲ 83.6% |
| Amounts payable after more than one year17 | €264,267 | €237,201 | €210,134 | €182,598 | €368,091 | ▲ 102% |
| Financial debts170/4 | €264,267 | €237,201 | €210,134 | €182,598 | €368,091 | ▲ 102% |
| Amounts payable within one year42/48 | €143,259 | €37,492 | €39,629 | €40,213 | €41,031 | ▲ 2.0% |
| Current portion of amounts payable after more than one year42 | €26,593 | €27,066 | €27,066 | €27,066 | €28,536 | ▲ 5.4% |
| Trade debts44 | €54 | €55 | €162 | €3,963 | €925 | ▼ 76.7% |
| Suppliers440/4 | €54 | €55 | €162 | €3,963 | €925 | ▼ 76.7% |
| Taxes, remuneration and social security45 | €5,157 | €10,370 | €12,401 | €9,184 | €2,882 | ▼ 68.6% |
| Taxes450/3 | €5,157 | €10,370 | €12,401 | €9,184 | €2,882 | ▼ 68.6% |
| Other amounts payable47/48 | €111,453 | - | - | - | €8,689 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €167,301 | €18,481 | €11,351 | €52,785 | -€39,890 | ▼ 176% |
| + Depreciation and write-downs630 | €23,937 | €24,789 | €32,272 | €34,657 | €41,146 | ▲ 18.7% |
| Operating cash flow (approximation) | €191,239 | €43,271 | €43,623 | €87,441 | €1,256 | ▼ 98.6% |
| Investment in fixed assets (approximation) | - | €0 | -€45,980 | -€63,037 | -€379,885 | ▼ 503% |
| Change in cash | - | -€122,978 | -€85,473 | €51,688 | -€130,274 | ▼ 352% |
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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€39,890
Net result drops to -€39,890, the lowest in the series.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
02-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 33 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 6.70
Current ratio from 2.38 to 6.70; short-term debt falls from €143,259 to €37,492.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Highest result since 2018net €167,301 ▲659%
Operating result €229,437, net result €167,301, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.38
Current ratio from 1.01 to 2.38.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
15-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 15 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Lommel · 1 establishment unit since 2002
Ground area
251 m²
Building footprint
251 m²
Volume, LiDAR
2,789 m³
Parcel 72020C0610/00X004, Flanders · tallest building 21.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
VREVAN
since 20022.101.663.663
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C0610/00X004 | Flanders | 251 m² | 1 · 251 m² | 21.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLommel2.101.663.663
Identification & contact
Identification
Legal formPublic limited company
Founded14-05-1997
Fiscal year end31-12
Activities, NACEBEL 2025
52210Service activities incidental to land transportation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0460655374
Also
9925:BE0460655374
Registered
20-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.