VRK CLEANING MACHINES
ActiveSummary
The computed 12-month bankruptcy probability of VRK CLEANING MACHINES is 1.7% (moderate). The 2025 annual accounts show equity of €269k and a net result of €127k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 480 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+2
Solvency34▼-13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.85 against 1.42 in 2024; short-term debt: 34.6% and cash: 8.7% of total assets), and 91.2% of the assets are financed with debt.
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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 33
Relative position
BE, all sectors
reference
Sector 33
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
8.8%
Return on assets
4.2%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 480 sector peers (2025).
NBB · sector comparisonPosition among 480 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-11-2025, 29 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 · 5 filingsDeviation from the deadline
2025
29 d late
2024
30 d late
2023
on the day
2022
on the day
2021
178 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€269k▼ 58.1%
2024 · €642k
2021: €161k
2022: €257k
2023: €566k
2024: €642k
2021 → 2025
Total assets
€3.05M▲ 2.7%
2024 · €2.97M
2021: €424k
2022: €1.26M
2023: €2.80M
2024: €2.97M
2021 → 2025
Net result
€127k▲ 67.7%
2024 · €76k
2021: €116k
2022: €96k
2023: €310k
2024: €76k
2021 → 2025
Working capital
€-154k
2024 · €229k
2021: €115k
2022: €139k
2023: €209k
2024: €229k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€161k-€257k▲ 59.8%€566k▲ 121%€642k▲ 13.4%€269k▼ 58.1%
Operating result€129k-€116k▼ 9.5%€319k▲ 174%€113k▼ 64.6%€193k▲ 71.0%
Net result€116k-€96k▼ 17.0%€310k▲ 222%€76k▼ 75.5%€127k▲ 67.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 71% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.05M
Fixed assets
€2.15M ▼ 1.9%
Current assets
€902k ▲ 15.9%
Equity and liabilities €3.05M
Equity
€269k ▼ 58.1%
Debt
€2.78M ▲ 19.5%
Debt's share of the balance-sheet total rises from 78.4% to 91.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€340k▲
2024 · €235k
Cash flow
€274k▲
2024 · €198k
Current ratio
0.85▼
2024 · 1.42
Quick ratio
0.48▼
2024 · 0.74
Debt to equity
10.32▲
2024 · 3.62
ROE
47.2%▲
2024 · 11.8%
ROA
4.2%▲
2024 · 2.6%
Interest coverage
7.25▲
2024 · 6.55
Debt ≤ 1 year
€1.06M▲
2024 · €549k
Debt > 1 year
€1.72M▼
2024 · €1.77M
Income taxes
€40k▲
2024 · €15k
Staff costs
€234k▲
2024 · €91k
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 · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.97M€3.05M▲
Fixed assets21/28€2.19M€2.15M▼
Tangible fixed assets22/27€2.19M€2.15M▼
Land and buildings22€1.96M€1.91M▼
Plant, machinery and equipment23€106k€101k▼
Furniture and vehicles24€103k€128k▲
Other tangible fixed assets26€22k€12k▼
Current assets29/58€778k€902k▲
Stocks and contracts in progress3€371k€398k▲
Stocks30/36€371k€398k▲
Amounts receivable within one year40/41€244k€223k▼
Trade receivables40€244k€217k▼
Other amounts receivable41-€6k
Cash at bank and in hand54/58€164k€265k▲
Deferred charges and accrued income490/1-€16k
Equity and liabilities
Total equity and liabilities10/49€2.97M€3.05M▲
Equity10/15€642k€269k▼
Contributions10/11€60k€60k=
Profit (loss) carried forward14€582k€209k▼
Amounts payable17/49€2.33M€2.78M▲
Amounts payable after more than one year17€1.77M€1.72M▼
Financial debts170/4€1.77M€1.72M▼
Amounts payable within one year42/48€549k€1.06M▲
Current portion of amounts payable after more than one year42€119k€144k▲
Trade debts44€261k€315k▲
Suppliers440/4€261k€315k▲
Taxes, remuneration and social security45€52k€36k▼
Taxes450/3€30k€17k▼
Remuneration and social security454/9€21k€19k▼
Other amounts payable47/48€118k€561k▲
Accrued charges and deferred income492/3€3k-
Income statement
Code20242025
Non-recurring operating income76A€786-
Remuneration, social security and pensions62€91k€234k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€122k€147k▲
Other operating charges640/8€6k€12k▲
Non-recurring operating charges66A€4k€3k▼
Gross operating margin9900€336k€589k▲
Operating profit (loss)9901€113k€193k▲
Financial income75/76B€14k€21k▲
Recurring financial income75€14k€21k▲
Financial charges65/66B€36k€47k▲
Recurring financial charges65€36k€47k▲
Profit (loss) for the period before taxes9903€91k€167k▲
Income taxes67/77€15k€40k▲
Profit (loss) for the period9904€76k€127k▲
Profit (loss) for the period to be appropriated9905€76k€127k▲
Appropriation of the result
Profit (loss) to be appropriated9906€582k€709k▲
Profit (loss) brought forward from the previous period14P€506k€582k▲
Profit to be distributed694/7-€500k
Return on contributions (dividend)694-€500k
Social balance
Average headcount (FTE)90874.04.2▲
The notes to these accounts (12 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
2025
29-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2024
30-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
31-03
Financial
Weakest financial yearnet €76k ▼75.5%
Net result drops to €76k, the lowest in the series; recovery starts the following year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2021net €310k ▲222%
Operating result €319k, net result €310k, both a record.
31-03
Financial
Equity above €500kEq €566k ▲121%
3 profitable years in a row build equity to €566k.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €200kEq €257k ▲59.8%
2 profitable years in a row build equity to €257k.
2021
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lokeren · 1 establishment unit since 2019
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.
Ambachtenstraat 219160 LokerenGround area
9,770 m²
Building footprint
5,134 m²
Volume, LiDAR
509 m³
Parcel 46382B1745/00B000, Flanders · tallest building 3.1 m. Linked by address, not a title deed.
1 establishment unit
VRK CLEANING MACHINES
since 20192.294.112.554
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46382B1745/00B000 | Flanders | 9,770 m² | 1 · 5,134 m² | 3.1 m |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 6 entries · 10,498 EUR awarded · 6,325 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 42 EUR | 0 EUR |
| 2024 | 2 | 129 EUR | 6,325 EUR |
| 2023 | 1 | 10,327 EUR | 0 EUR |
Schemes
Ecologiepremie+
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,225 companies in sector 33200 we hold annual accounts for 676. 501 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
Founded25-09-2019
Fiscal year end31-03
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
46649Wholesale of other machinery and equipment
33140Repair and maintenance of electrical equipment
46140Agents in the wholesale of industrial machinery, ships and aircraft
46630Wholesale trade
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.