Equity
Equity fell by 92% in 1 year.
Equity fell by 92% in 1 year.
The last five annual accounts were filed 29 to 37 days before the end of the period.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| VRL Nijlen | €581,925 | €8,924 | 9.4% | - |
| BV Consulting Zandhoven | €416,720 | €7,115 | -191.0% | - |
| THOSELA Herentals | €885,641 | €9,011 | 99.9% | - |
| West Antwerp | €802,058 | €12,159 | 96.8% | - |
| AL Bedrijfsadvies Zoersel | €881,575 | €8,367 | 99.9% | - |
| CPL Duffel | €536,766 | €10,611 | 3.7% | 0 |
| AREA NOVA Tournai | €611,092 | €11,834 | 59.3% | 0 |
These companies have the same main activity as VRL: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €417,000 and €886,000, founded between 2010 and 2015.
VRL files the micro format. That format states no turnover. The gross margin fell from €100,725 in 2015 to €8,924 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Higher than 16% of 9,765 companies in 2025.
Higher than 31% of 9,619 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
581,925 | 651,827 | 635,402 | 621,512 | 555,883 | 427,211 | 301,526 | 333,496 | 246,395 | 219,303 | 125,642 | |
21/28 |
- | - | 6,031 | 15,809 | 28,308 | 7,896 | 24,110 | 40,321 | 29,421 | - | - | |
22/27 |
- | - | 6,031 | 15,809 | 28,308 | 7,896 | 24,110 | 40,321 | 29,421 | - | - | |
23 |
- | - | - | - | 2,720 | 5,440 | 8,160 | 10,880 | - | - | - | |
24 |
- | - | 6,031 | 15,809 | 25,588 | 2,456 | 15,950 | 29,441 | 29,421 | - | - | |
29/58 |
581,925 | 651,827 | 629,371 | 605,702 | 527,575 | 419,315 | 277,416 | 293,175 | 216,975 | 219,303 | 125,642 | |
29 |
485,723 | 496,822 | 532,077 | 50,000 | - | - | - | - | - | - | - | |
290 |
- | - | - | 50,000 | - | - | - | - | - | - | - | |
291 |
485,723 | 496,822 | 532,077 | - | - | - | - | - | - | - | - | |
40/41 |
41,805 | 41,527 | 17,642 | 32,751 | 73,949 | 33,798 | 37,812 | 6,093 | 3,837 | 32,731 | 18,561 | |
40 |
6,660 | 9,410 | 622 | 6,098 | 72,600 | 24,200 | 24,200 | - | - | 32,731 | 18,561 | |
41 |
35,145 | 32,118 | 17,020 | 26,653 | 1,349 | 9,598 | 13,612 | 6,093 | 3,837 | - | - | |
50/53 |
- | 50,000 | - | - | - | - | - | - | - | - | - | |
54/58 |
53,486 | 62,621 | 78,684 | 521,828 | 452,526 | 384,829 | 239,346 | 286,873 | 212,928 | 186,572 | 107,081 | |
490/1 |
911 | 857 | 968 | 1,123 | 1,099 | 688 | 259 | 209 | 209 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
581,925 | 651,827 | 635,402 | 621,512 | 555,883 | 427,211 | 301,526 | 333,496 | 246,395 | 219,303 | 125,642 | |
10/15 |
54,603 | 646,366 | 628,742 | 619,218 | 538,712 | 412,812 | 294,149 | 162,433 | 210,318 | 154,782 | 88,430 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
36,000 | 610,000 | 610,000 | 596,860 | 501,860 | 391,860 | 271,860 | 141,860 | 181,860 | 131,860 | 66,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
133 |
36,000 | 610,000 | 610,000 | 595,000 | 500,000 | 390,000 | 270,000 | 140,000 | 180,000 | 130,000 | 65,000 | |
14 |
3 | 17,766 | 142 | 3,758 | 18,252 | 2,352 | 3,689 | 1,973 | 9,858 | 4,322 | 2,970 | |
17/49 |
527,322 | 5,462 | 6,661 | 2,294 | 17,170 | 14,399 | 7,376 | 171,063 | 36,077 | 64,521 | 37,212 | |
42/48 |
527,322 | 5,462 | 6,661 | 2,294 | 17,170 | 14,399 | 7,376 | 171,063 | 36,077 | 64,521 | 37,212 | |
44 |
1,098 | 750 | 729 | 661 | 4,041 | 1,199 | 1,467 | 29,657 | 12,365 | 32,073 | 3,460 | |
440/4 |
1,098 | 750 | 729 | 661 | 4,041 | 1,199 | 1,467 | 29,657 | 12,365 | 32,073 | 3,460 | |
45 |
5,911 | 2,899 | 4,118 | 329 | 11,917 | 11,988 | 4,697 | 40,921 | 22,500 | 31,234 | 33,752 | |
450/3 |
2,357 | 2,899 | 4,118 | 329 | 11,917 | 11,988 | 4,697 | 40,921 | 22,500 | 31,234 | 33,752 | |
454/9 |
3,554 | - | - | - | - | - | - | - | - | - | - | |
47/48 |
520,313 | 1,813 | 1,813 | 1,304 | 1,212 | 1,212 | 1,212 | 100,485 | 1,212 | 1,214 | - | |
| Income statement | ||||||||||||
9900 |
8,924 | 12,449 | 18,794 | 111,212 | 171,602 | 168,511 | 191,639 | 192,874 | 90,543 | 94,990 | 100,725 | |
630 |
- | 6,031 | 9,779 | 12,499 | 8,927 | 16,214 | 16,211 | 16,212 | 12,254 | - | - | |
640/8 |
1,148 | 905 | 1,072 | 1,129 | 1,001 | 715 | 787 | 640 | 251 | 221 | 54 | |
9901 |
7,776 | 5,513 | 7,944 | 97,585 | 161,675 | 151,583 | 174,641 | 176,021 | 78,037 | 94,769 | 100,671 | |
75/76B |
15,490 | 16,688 | 4,116 | 600 | - | 0 | - | - | - | 70 | 70 | |
75 |
15,490 | 16,688 | 4,116 | 600 | - | 0 | - | - | - | 70 | 70 | |
65/66B |
71 | 67 | 55 | 63 | 44 | 0 | 0 | 0 | 0 | 1 | 31 | |
65 |
71 | 67 | 55 | 63 | 44 | 0 | 0 | 0 | 0 | 1 | 31 | |
9903 |
23,194 | 22,134 | 12,006 | 98,122 | 161,631 | 151,583 | 174,640 | 176,021 | 78,037 | 94,838 | 100,710 | |
67/77 |
4,957 | 4,510 | 2,482 | 17,617 | 35,731 | 32,921 | 42,924 | 43,907 | 22,500 | 28,486 | 30,880 | |
9904 |
18,237 | 17,624 | 9,524 | 80,505 | 125,901 | 118,662 | 131,717 | 132,115 | 55,537 | 66,352 | 69,830 | |
9905 |
18,237 | 17,624 | 9,524 | 80,505 | 125,901 | 118,662 | 131,717 | 132,115 | 55,537 | 66,352 | 69,830 | |
| Appropriation of the result | ||||||||||||
9906 |
36,003 | 17,766 | 13,282 | 98,758 | 128,252 | 122,352 | 133,689 | 141,973 | 59,858 | 69,322 | 69,830 | |
14P |
17,766 | 142 | 3,758 | 18,252 | 2,352 | - | - | - | - | - | - | |
791/2 |
610,000 | - | - | - | - | - | - | 180,000 | - | - | - | |
691/2 |
36,000 | - | 13,140 | 95,000 | 110,000 | 120,000 | 130,000 | 140,000 | 50,000 | 65,000 | 66,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
36,000 | - | 13,140 | 95,000 | 110,000 | 120,000 | 130,000 | 140,000 | 50,000 | 65,000 | 65,000 | |
694/7 |
610,000 | - | - | - | - | - | - | 180,000 | - | - | - | |
694 |
610,000 | - | - | - | - | - | - | 180,000 | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-06-2026 | 2026-00193251 | |
| 31-12-2024 | micro format | 02-07-2025 | 2025-00215314 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00168856 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00177869 | |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20110311 | |
| 31-12-2020 | micro format | 24-06-2021 | 2021-23400228 | |
| 31-12-2019 | micro format | 02-07-2020 | 2020-24300180 | |
| 31-12-2018 | micro format | 06-07-2019 | 2019-30000593 | |
| 31-12-2017 | micro format | 25-06-2018 | 2018-21600591 | |
| 31-12-2016 | micro format | 30-06-2017 | 2017-23700595 | |
| 31-12-2015 | abbreviated format | 26-06-2016 | 2016-21800494 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | 0 | 0 | 0 | 29,339 | 0 | 0 | 46,709 | 41,675 | - | - | ||
| -9,136 | -16,063 | -443,144 | 69,302 | 67,698 | 145,483 | -47,527 | 73,945 | 26,356 | 79,492 | - | ||
| 9.4% | 99.2% | 99.0% | 99.6% | 96.9% | 96.6% | 97.6% | 48.7% | 85.4% | 70.6% | 70.4% | ||
| 33.4% | 2.7% | 1.5% | 13.0% | 23.4% | 28.7% | 44.8% | 81.3% | 26.4% | 42.9% | 79.0% | ||
| 3.1% | 2.7% | 1.5% | 13.0% | 22.6% | 27.8% | 43.7% | 39.6% | 22.5% | 30.3% | 55.6% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €29,339 |
| - | €6,031 | €9,779 | €12,499 | €8,927 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 41% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 0.8% to 90.6%. Equity is lower and debt is higher.
VRL has no parent and no holdings in its annual accounts. VRL shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Aardbruggestraat 8 registered office 2560 Nijlen | 19-03-2015 | 2.240.204.310 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12026D0454/00D003 | 1,121 m² | 1 · 231 m² | 8.0 m · 2 |
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