VRIENS
ActiveVRIENS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.25M and a net result of €357k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 84% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-2
Solvency98▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 4.07 against 4.68 in 2024; short-term debt: 14.7% and cash: 4.8% of total assets), and 27.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
72.9%
Return on assets
11.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
1 d early
2023
25 d early
2022
3 d early
2021
31 d early
2020
29 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.25M▲ 18.8%
2024 · €1.89M
2018: €981k
2019: €1.02M
2020: €1.15M
2021: €1.33M
2022: €1.43M
2023: €1.55M
2024: €1.89M
2018 → 2025
Total assets
€3.09M▲ 14.2%
2024 · €2.70M
2018: €1.14M
2019: €1.63M
2020: €2.05M
2021: €1.95M
2022: €2.26M
2023: €2.47M
2024: €2.70M
2018 → 2025
Net result
€357k▲ 2.7%
2024 · €347k
2018: €72k
2019: €39k
2020: €130k
2021: €176k
2022: €102k
2023: €119k
2024: €347k
2018 → 2025
Working capital
€1.39M▲ 6.9%
2024 · €1.30M
2018: €818k
2019: €868k
2020: €921k
2021: €1.06M
2022: €984k
2023: €1.08M
2024: €1.30M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.33M-€1.43M▲ 7.7%€1.55M▲ 8.3%€1.89M▲ 22.5%€2.25M▲ 18.8%
Operating result€248k-€135k▼ 45.6%€193k▲ 42.7%€491k▲ 155%€485k▼ 1.2%
Net result€176k-€102k▼ 42.3%€119k▲ 16.7%€347k▲ 193%€357k▲ 2.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.09M
Fixed assets
€1.24M▲ 18.7%
Current assets
€1.85M▲ 11.4%
Equity and liabilities €3.09M
Equity
€2.25M▲ 18.8%
Debt
€835k▲ 3.4%
The debt ratio falls from 29.9% to 27.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€625k▲
2024 · €596k
Cash flow
€497k▲
2024 · €452k
Solvency
72.9%▲
2024 · 70.1%
Current ratio
4.07▼
2024 · 4.68
Quick ratio
0.86▼
2024 · 1.02
Debt / equity
0.37▼
2024 · 0.43
ROE
15.9%▼
2024 · 18.3%
ROA
11.6%▼
2024 · 12.9%
Interest coverage
37.70▲
2024 · 27.59
Debt
€835k▲
2024 · €808k
Debt ≤ 1 year
€453k▲
2024 · €354k
Debt > 1 year
€381k▼
2024 · €454k
Income taxes
€115k▼
2024 · €124k
Staff costs
€107k▲
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.70M€3.09M▲
Fixed assets21/28€1.04M€1.24M▲
Tangible fixed assets22/27€1.04M€1.24M▲
Land and buildings22€775k€792k▲
Plant, machinery and equipment23€103k€112k▲
Furniture and vehicles24€165k€333k▲
Financial fixed assets28€1,000€1,000=
Current assets29/58€1.66M€1.85M▲
Stocks and contracts in progress3€1.30M€1.46M▲
Stocks30/36€1.30M€1.46M▲
Amounts receivable within one year40/41€114k€229k▲
Trade receivables40€114k€228k▲
Other amounts receivable41€225€341▲
Cash at bank and in hand54/58€237k€147k▼
Deferred charges and accrued income490/1€11k€15k▲
Equity and liabilities
Total equity and liabilities10/49€2.70M€3.09M▲
Equity10/15€1.89M€2.25M▲
Contributions10/11€469k€469k=
Reserves13€1.42M€1.78M▲
Distributable reserves133€1.42M€1.78M▲
Amounts payable17/49€808k€835k▲
Amounts payable after more than one year17€454k€381k▼
Financial debts170/4€454k€381k▼
Amounts payable within one year42/48€354k€453k▲
Current portion of amounts payable after more than one year42€70k€72k▲
Financial debts43-€80k
Credit institutions430/8-€80k
Trade debts44€57k€101k▲
Suppliers440/4€57k€101k▲
Taxes, remuneration and social security45€135k€110k▼
Taxes450/3€130k€96k▼
Remuneration and social security454/9€5k€14k▲
Other amounts payable47/48€93k€90k▼
Income statement
Code20242025
Non-recurring operating income76A€16k€34k▲
Remuneration, social security and pensions62€40k€107k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105k€141k▲
Other operating charges640/8€15k€27k▲
Gross operating margin9900€650k€759k▲
Operating profit (loss)9901€491k€485k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€22k€17k▼
Recurring financial charges65€22k€17k▼
Profit (loss) for the period before taxes9903€471k€472k▲
Income taxes67/77€124k€115k▼
Profit (loss) for the period9904€347k€357k▲
Profit (loss) for the period to be appropriated9905€347k€357k▲
Appropriation of the result
Profit (loss) to be appropriated9906€347k€357k▲
Transfer to equity691/2€347k€357k▲
To other reserves6921€347k€357k▲
Social balance
Average headcount (FTE)90870.71.9▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €357k ▲2.7%
Net result €357k, the highest in the series.
30-09
Financial
Equity above €2MEq €2.25M ▲18.8%
8 profitable years in a row build equity to €2.25M.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €39k ▼46.2%
Net result drops to €39k, the lowest in the series; recovery starts the following year.
30-09
Financial
Equity above €1MEq €1.02M ▲3.9%
2 profitable years in a row build equity to €1.02M.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Olen · 1 establishment unit since 1995
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.
Turfputten 22250 OlenGround area
4,297 m²
Building footprint
1,016 m²
Volume, LiDAR
4,800 m³
Parcel 13029E0113/00R000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Turfputten 2, 2250 Olen
since 19952.072.793.889
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029E0113/00R000 | Flanders | 4,297 m² | 1 · 1,016 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DENT & CAR REPAIR
BE 0474.154.608
Kruibeke · Eq €2.25M
Garage Neyt
BE 0414.723.696
Lokeren · Eq €2.26M
Garage Decock
BE 0420.043.058
Zedelgem · Eq €2.24M
The Trading Group
BE 0884.704.435
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CORNETTE AUTOMOTIVE
BE 0437.522.359
Roeselare · Eq €2.27M
Of 10,672 companies in sector 47811 we hold annual accounts for 5,222. 2,245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-07-1995
Fiscal year end30-09
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.