VROFIX
ActiveSummary
The computed 12-month bankruptcy probability of VROFIX is 2.2% (moderate). The 2024 annual accounts show equity of €134k and a net result of €19k. Equity is growing by ~43.6% per year across the filed fiscal years. Its solvency ranks better than 33% of 36375 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability74▼-22
Solvency57▼-12
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.57 in 2023; short-term debt: 53.4% and cash: 2.6% of total assets), and 68.2% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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
not confirmed
2024
20 d late
2023
33 d early
2022
30 d early
2021
12 d late
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€134k▲ 16.8%
2023 · €114k
Total assets
€420k▲ 63.4%
2023 · €257k
Net result
€19k▼ 65.3%
2023 · €55k
Working capital
€66k▼ 0.9%
2023 · €67k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€38k-€34k▼ 9.3%€10k▼ 72.1%€72k▲ 655%€30k▼ 58.3%
Net result€28k-€25k▼ 9.1%€3k▼ 87.8%€55k▲ 1,689%€19k▼ 65.3%
Equity€31k-€56k▲ 82.1%€59k▲ 5.5%€114k▲ 93.6%€134k▲ 16.8%
Total assets€143k-€171k▲ 19.9%€198k▲ 15.2%€257k▲ 30.1%€420k▲ 63.4%
Debt€112k-€115k▲ 2.9%€139k▲ 20.0%€143k▲ 3.0%€287k▲ 101%
Working capital€15k-€25k▲ 66.4%€14k▼ 44.4%€67k▲ 381%€66k▼ 0.9%
Staff (FTE)1.8-1.6▼ 11.1%1▼ 37.5%0.3▼ 70.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 58% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €420k
Fixed assets
€130k ▲ 78.7%
Current assets
€290k ▲ 57.4%
Equity and liabilities €420k
Equity
€134k ▲ 16.8%
Debt
€287k ▲ 101%
Debt's share of the balance-sheet total rises from 55.5% to 68.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€65k▼
2023 · €95k
Cash flow
€54k▼
2023 · €78k
Current ratio
1.30▼
2023 · 1.57
Quick ratio
0.38▼
2023 · 1.41
Debt to equity
2.14▲
2023 · 1.25
ROE
14.4%▼
2023 · 48.3%
ROA
4.6%▼
2023 · 21.5%
Interest coverage
13.20▼
2023 · 55.13
Debt ≤ 1 year
€224k▲
2023 · €118k
Debt > 1 year
€62k▲
2023 · €25k
Income taxes
€6k▼
2023 · €16k
Staff costs
€-167▼
2023 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €69k | €46k | €21k | €-167 | ▼ 101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €19k | €18k | €22k | €35k | ▲ 56.0% |
| Other operating charges640/8 | - | €3k | €14k | €2k | €2k | ▼ 29.9% |
| Gross operating margin9900 | €144k | €125k | €87k | €117k | €66k | ▼ 43.5% |
| Operating profit (loss)9901 | €38k | €34k | €10k | €72k | €30k | ▼ 58.3% |
| Financial income75/76B | - | €20 | €1 | €391 | €10 | ▼ 97.5% |
| Recurring financial income75 | €27 | €20 | €1 | €391 | €10 | ▼ 97.5% |
| Financial charges65/66B | - | €2k | €3k | €2k | €5k | ▲ 187% |
| Recurring financial charges65 | €4k | €2k | €3k | €2k | €5k | ▲ 187% |
| Profit (loss) for the period before taxes9903 | €34k | €32k | €6k | €71k | €25k | ▼ 64.4% |
| Income taxes67/77 | €6k | €7k | €3k | €16k | €6k | ▼ 61.5% |
| Profit (loss) for the period9904 | €28k | €25k | €3k | €55k | €19k | ▼ 65.3% |
| Profit (loss) for the period to be appropriated9905 | €28k | €25k | €3k | €55k | €19k | ▼ 65.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €143k | €171k | €198k | €257k | €420k | ▲ 63.4% |
| Fixed assets21/28 | €63k | €58k | €55k | €73k | €130k | ▲ 78.7% |
| Intangible fixed assets21 | - | - | - | - | €2k | - |
| Tangible fixed assets22/27 | €63k | €58k | €55k | €73k | €128k | ▲ 76.1% |
| Plant, machinery and equipment23 | - | €15k | €12k | €12k | €10k | ▼ 13.5% |
| Furniture and vehicles24 | - | €42k | €43k | €60k | €117k | ▲ 94.0% |
| Current assets29/58 | €80k | €114k | €142k | €185k | €290k | ▲ 57.4% |
| Stocks and contracts in progress3 | €23k | €20k | €20k | €18k | €206k | ▲ 1,029% |
| Stocks30/36 | - | €20k | €20k | €18k | €206k | ▲ 1,029% |
| Amounts receivable within one year40/41 | €27k | €75k | €97k | €34k | €69k | ▲ 102% |
| Trade receivables40 | - | €61k | €74k | €1k | €28k | ▲ 2,487% |
| Other amounts receivable41 | - | €14k | €23k | €33k | €41k | ▲ 23.6% |
| Cash at bank and in hand54/58 | €26k | €15k | €24k | €131k | €11k | ▼ 91.7% |
| Deferred charges and accrued income490/1 | - | €4k | €1k | €1k | €5k | ▲ 333% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €143k | €171k | €198k | €257k | €420k | ▲ 63.4% |
| Equity10/15 | €31k | €56k | €59k | €114k | €134k | ▲ 16.8% |
| Contributions10/11 | - | €3k | €3k | €3k | €3k | = |
| Reserves13 | €28k | €53k | €56k | €111k | €131k | ▲ 17.2% |
| Distributable reserves133 | - | €53k | €56k | €111k | €131k | ▲ 17.2% |
| Amounts payable17/49 | €112k | €115k | €139k | €143k | €287k | ▲ 101% |
| Amounts payable after more than one year17 | €47k | €27k | €9k | €25k | €62k | ▲ 149% |
| Financial debts170/4 | - | €27k | €9k | €25k | €62k | ▲ 149% |
| Amounts payable within one year42/48 | €65k | €89k | €128k | €118k | €224k | ▲ 90.5% |
| Current portion of amounts payable after more than one year42 | - | €23k | €17k | €17k | €19k | ▲ 12.0% |
| Financial debts43 | - | - | - | €12k | €126k | ▲ 950% |
| Credit institutions430/8 | - | - | - | €12k | €126k | ▲ 950% |
| Trade debts44 | €38k | €38k | €78k | €22k | €69k | ▲ 219% |
| Suppliers440/4 | - | €38k | €78k | €22k | €69k | ▲ 219% |
| Taxes, remuneration and social security45 | - | €28k | €33k | €67k | €11k | ▼ 84.2% |
| Taxes450/3 | - | €27k | €31k | €67k | €11k | ▼ 84.2% |
| Remuneration and social security454/9 | - | €2k | €2k | - | - | - |
| Accrued charges and deferred income492/3 | - | €150 | €798 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28k | €25k | €3k | €55k | €19k | ▼ 65.3% |
| + Depreciation and write-downs630 | €14k | €19k | €18k | €22k | €35k | ▲ 56.0% |
| Operating cash flow (approximation) | €41k | €44k | €21k | €78k | €54k | ▼ 30.4% |
| Investment in fixed assets (approximation) | - | €-14k | €-15k | €-40k | €-92k | ▼ 132% |
| Change in cash | - | €-11k | €9k | €107k | €-120k | ▼ 213% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €55k ▲1,689%
Operating result €72k, net result €55k, both a record.
31-12
Financial
Equity above €100kEq €114k ▲93.6%
4 profitable years in a row build equity to €114k.
01-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €3k ▼87.8%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Bocholt · 1 establishment unit since 2019
Ground area
2,334 m²
Building footprint
182 m²
Volume, LiDAR
614 m³
Parcel 72003A0312/00L000, Flanders · tallest building 5.4 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
VROFIX
since 20192.290.996.874
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72003A0312/00L000 | Flanders | 2,334 m² | 1 · 182 m² | 5.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
JINFA
BE 0834.643.527
Sint-Genesius-Rode · Eq €133,597
Steve Blomme
BE 0808.057.213
Zedelgem · Eq €133,559
ALEXAL
BE 0473.662.084
Menen · Eq €133,639
V.S.C.
BE 0821.860.907
Lochristi · Eq €133,522
DE REKENEIRE
BE 0437.000.935
Oosterzele · Eq €133,672
Of 20,028 companies in sector 43320 we hold annual accounts for 9,133. 7,673 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.