VRL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €646k and a net result of €18k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 9864 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
34 d early
2022
31 d early
2021
31 d early
2020
37 d early
2019
29 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€646k▲ 2.8%
2023 · €629k
2018: €162k
2019: €294k
2020: €413k
2021: €539k
2022: €619k
2023: €629k
2018 → 2024
Net result
€18k▲ 85.1%
2023 · €10k
2018: €132k
2019: €132k
2020: €119k
2021: €126k
2022: €81k
2023: €10k
2018 → 2024
Total assets
€652k▲ 2.6%
2023 · €635k
2018: €333k
2019: €302k
2020: €427k
2021: €556k
2022: €622k
2023: €635k
2018 → 2024
Solvency
99.2%▲ 0.2pp
2023 · 99.0%
2018: 48.7%
2019: 97.6%
2020: 96.6%
2021: 96.9%
2022: 99.6%
2023: 99.0%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€413k-€539k▲ 30.5%€619k▲ 14.9%€629k▲ 1.5%€646k▲ 2.8%
Operating result€152k-€162k▲ 6.7%€98k▼ 39.6%€8k▼ 91.9%€6k▼ 30.6%
Net result€119k-€126k▲ 6.1%€81k▼ 36.1%€10k▼ 88.2%€18k▲ 85.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 31% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €652k
Equity
€646k▲ 2.8%
Debt
€5k▼ 18.0%
The debt ratio falls from 1.0% to 0.8%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
99.2%▲
2023 · 99.0%
ROE
2.7%▲
2023 · 1.5%
ROA
2.7%▲
2023 · 1.5%
Debt
€5k▼
2023 · €7k
Debt ≤ 1 year
€5k▼
2023 · €7k
Income taxes
€5k▲
2023 · €2k
A ratio outside any meaningful range has been withheld (balance sheet total €652k, equity €646k).
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€635k€652k▲
Fixed assets21/28€6k-
Tangible fixed assets22/27€6k-
Furniture and vehicles24€6k-
Current assets29/58€629k€652k▲
Amounts receivable after more than one year29€532k€497k▼
Other amounts receivable291€532k€497k▼
Amounts receivable within one year40/41€18k€42k▲
Trade receivables40€622€9k▲
Other amounts receivable41€17k€32k▲
Current investments50/53-€50k
Cash at bank and in hand54/58€79k€63k▼
Deferred charges and accrued income490/1€968€857▼
Equity and liabilities
Total equity and liabilities10/49€635k€652k▲
Equity10/15€629k€646k▲
Contributions10/11€19k€19k=
Reserves13€610k€610k=
Distributable reserves133€610k€610k=
Profit (loss) carried forward14€142€18k▲
Amounts payable17/49€7k€5k▼
Amounts payable within one year42/48€7k€5k▼
Trade debts44€729€750▲
Suppliers440/4€729€750▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€2k€2k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€6k▼
Other operating charges640/8€1k€905▼
Gross operating margin9900€19k€12k▼
Operating profit (loss)9901€8k€6k▼
Financial income75/76B€4k€17k▲
Recurring financial income75€4k€17k▲
Financial charges65/66B€55€67▲
Recurring financial charges65€55€67▲
Profit (loss) for the period before taxes9903€12k€22k▲
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€10k€18k▲
Profit (loss) for the period to be appropriated9905€10k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€18k▲
Profit (loss) brought forward from the previous period14P€4k€142▼
Transfer to equity691/2€13k-
To other reserves6921€13k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €10k ▼88.2%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 9current ratio 264.03
Current ratio from 30.73 to 264.03; short-term debt falls from €17k to €2k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €500kEq €539k ▲30.5%
4 profitable years in a row build equity to €539k.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 22current ratio 37.61
Current ratio from 1.71 to 37.61; short-term debt falls from €171k to €7k.
31-12
Financial
Equity above €200kEq €294k ▲81.1%
2 profitable years in a row build equity to €294k.
06-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
26-06
NBB filing
Annual accounts filed
fiscal year 2015 · 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, Nijlen · 1 establishment unit since 2015
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.
Aardbruggestraat 82560 NijlenGround area
1,121 m²
Building footprint
231 m²
Volume, LiDAR
1,091 m³
Parcel 12026D0454/00D003, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VRL
since 20152.240.204.310
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12026D0454/00D003 | Flanders | 1,121 m² | 1 · 231 m² | 8.0 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 263 EUR awarded · 263 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 263 EUR | 263 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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JAN LIPPENS
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LAWINE
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FINCIS
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Grobbendonk · Eq €647k
Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 13,413 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-02-2015
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.