VRIEND
ActiveSummary
The computed 12-month bankruptcy probability of VRIEND is 4.1% (elevated). The latest annual accounts of VRIEND were filed more than 90 days after the deadline. The 2019 annual accounts show negative equity (€-18k) and a net result of €-12k. The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2019 · tick = 2018
Profitability0▼-24
Solvency0=
Growth32
Track record100
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2019Solvency, return and age of the figures
Solvency
-169%
Return on assets
-111.1%
Age of the figures
81 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
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 30-11-2020, 122 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2019, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-12k▼ 1,053%
2018 · €-1k
2018: €-1k
2018 → 2019
Working capital
€-18k▼ 192%
2018 · €-6k
2018: €-6k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€-6k-€-18k▼ 192%
Operating result€-925-€-12k▼ 1,188%
Net result€-1k-€-12k▼ 1,053%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2019 against €925 in 2018; the loss grows.
Key figures and ratios
Solvency
-169.0%▼
2018 · -32.0%
Current ratio
0.37▼
2018 · 0.76
ROA
-111.1%▼
2018 · -5.3%
Debt
€29k▲
2018 · €26k
Debt ≤ 1 year
€29k▲
2018 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2019 against 2018 · 19 lines
Balance sheet
Code20182019
Assets
Total assets20/58€20k€11k▼
Current assets29/58€20k€11k▼
Amounts receivable within one year40/41€4k€6k▲
Cash at bank and in hand54/58€16k€4k▼
Equity and liabilities
Total equity and liabilities10/49€20k€11k▼
Equity10/15€-6k€-18k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Profit (loss) carried forward14€-14k€-26k▼
Amounts payable17/49€26k€29k▲
Amounts payable within one year42/48€26k€29k▲
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k-
Gross operating margin9900€4k€-12k▼
Operating profit (loss)9901€-925€-12k▼
Recurring financial charges65€122€151▲
Profit (loss) for the period before taxes9903€-1k€-12k▼
Income taxes67/77€-1-
Profit (loss) for the period9904€-1k€-12k▼
Profit (loss) for the period to be appropriated9905€-1k€-12k▼
Timeline · acts, filings and financial milestones
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 84 days late
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 4 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
2014
29-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 60 days late
2013
24-10
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 85 days late
2012
30-09
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 61 days late
08-03
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 221 days late
NBB filing
Directors · office · real estate
Directors
3 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, Schaarbeek · 1 establishment unit since 2007
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.
Adolphe Lacomblélaan 69/711030 SchaarbeekGround area
1,433 m²
Building footprint
488 m²
Volume, LiDAR
10,146 m³
2 parcels, Brussels · tallest building 29.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
VRIEND
since 20072.159.034.413
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0149/00B013 | Brussels | 1,194 m² | 1 · 310 m² | 23.6 m · 6 fl. |
| 21902E0125/00N003 | Brussels | 239 m² | 1 · 178 m² | 29.8 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,860 companies in sector 73110 we hold annual accounts for 3,753. 1,117 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-10-2006
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
73120Media representation
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.