Summary
VROMACO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.8m and a net result of €22,075. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 47% of 5593 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked 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.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 08-04-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2023
33 d early
2022
6 d early
2021
3 d early
2020
18 d late
2019
2 d early
2018
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2023 is 12 days before the deadline, and 29% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€1.8m▲ 1.3%
2023 · €1.7m
Net result
€22,075
2023 · -€40,974
Total assets
€3.7m▲ 10.0%
2023 · €3.3m
Solvency
48.3%▼ 4.2pp
2023 · 52.4%
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232025
Operating result€1.6m▲ 1,234%€82,440▼ 94.9%€85,338▲ 3.5%-€33,171€67,413-
Net result€1.2mabove the sector's middle half▲ 1,280%€70,607within the sector's middle half▼ 94.2%€75,265within the sector's middle half▲ 6.6%-€40,974below the sector's middle half€22,075within the sector's middle half-
Equity€1.6mwithin the sector's middle half▲ 270%€1.7mwithin the sector's middle half▲ 4.0%€1.8mwithin the sector's middle half▲ 4.4%€1.7mwithin the sector's middle half▼ 2.3%€1.8mwithin the sector's middle half-
Total assets€2.4mwithin the sector's middle half▲ 102%€2.4mwithin the sector's middle half▼ 0.2%€2.4mwithin the sector's middle half▼ 1.8%€3.3mwithin the sector's middle half▲ 41.2%€3.7mwithin the sector's middle half-
Debt€392,911▼ 47.6%€323,613▼ 17.6%€205,689▼ 36.4%€1.2m▲ 493%€1.9m-
Working capital€1.6mabove the sector's middle half€1.5mabove the sector's middle half▼ 6.4%€1.6mabove the sector's middle half▲ 3.5%€1.5mabove the sector's middle half▼ 2.2%€1.1mabove the sector's middle half-
Solvency68.4%within the sector's middle half▲ 31.2pp71.3%within the sector's middle half▲ 2.8pp75.7%within the sector's middle half▲ 4.5pp52.4%within the sector's middle half▼ 23.3pp48.3%within the sector's middle half-
Current ratio6.27above the sector's middle half▲ 6.065.91above the sector's middle half▼ 0.368.65above the sector's middle half▲ 2.748.46above the sector's middle half▼ 0.182.16within the sector's middle half-
Return on assets (ROA)50.8%above the sector's middle half▲ 43.4pp2.9%within the sector's middle half▼ 47.9pp3.2%within the sector's middle half▲ 0.3pp-1.2%below the sector's middle half▼ 4.4pp0.6%within the sector's middle half-
Staff (FTE)0within the sector's middle half0within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €67,413 in 2025, compared with -€33,171 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €3.7m
Fixed assets
€1.5m ▼ 2.7%
Current assets
€2.1m ▲ 21.6%
Equity and liabilities €3.7m
Equity
€1.8m ▲ 1.3%
Provisions
€0 ▼ 100%
Debt
€1.9m ▲ 55.7%
Debt's share of the balance-sheet total rises from 36.6% to 51.7%. Equity and debt are higher.
Key figures and ratios
ROE
1.2%▲
2023 · -2.3%
Debt ≤ 1 year
€981,619▲
2023 · €206,095
Debt > 1 year
€916,667▼
2023 · €1.0m
Income taxes
€391,929▲
2023 · €0
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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | €3,379 | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,355 | €12,355 | €13,177 | €128,575 | €46,663 | - |
| Other operating charges640/8 | - | €1,184 | €1,322 | €1,535 | €5,741 | - |
| Gross operating margin9900 | €1.6m | €95,980 | €99,838 | €96,939 | €119,817 | - |
| Operating profit (loss)9901 | €1.6m | €82,440 | €85,338 | -€33,171 | €67,413 | - |
| Financial income75/76B | - | €18,488 | €21,273 | €25,543 | €148,975 | - |
| Recurring financial income75 | €16,857 | €10,076 | €21,273 | €25,543 | €148,975 | - |
| Non-recurring financial income76B | - | €8,412 | €0 | - | - | - |
| Financial charges65/66B | - | €10,513 | €7,662 | €33,346 | €169,589 | - |
| Recurring financial charges65 | €10,831 | €10,513 | €7,662 | €33,346 | €169,589 | - |
| Profit (loss) for the period before taxes9903 | €1.6m | €90,414 | €98,950 | -€40,974 | €46,799 | - |
| Transfer from deferred taxes780 | - | - | - | - | €367,206 | - |
| Transfer to deferred taxes680 | - | €0 | - | - | - | - |
| Income taxes67/77 | €27,756 | €19,807 | €23,685 | €0 | €391,929 | - |
| Profit (loss) for the period9904 | €1.2m | €70,607 | €75,265 | -€40,974 | €22,075 | - |
| Transfer from tax-exempt reserves789 | - | - | - | - | €1.1m | - |
| Transfer to tax-exempt reserves689 | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €121,831 | €70,607 | €75,265 | -€40,974 | €1.1m | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.4m | €2.4m | €2.4m | €3.3m | €3.7m | - |
| Fixed assets21/28 | €477,482 | €575,881 | €583,531 | €1.6m | €1.5m | - |
| Tangible fixed assets22/27 | €477,482 | €575,881 | €583,531 | €1.6m | €1.5m | - |
| Land and buildings22 | - | €464,377 | €472,777 | €1.6m | €1.5m | - |
| Furniture and vehicles24 | - | €750 | €0 | - | - | - |
| Assets under construction and advance payments27 | - | €110,754 | €110,754 | €0 | - | - |
| Current assets29/58 | €1.9m | €1.8m | €1.8m | €1.7m | €2.1m | - |
| Amounts receivable within one year40/41 | €6,518 | €49,791 | €25,850 | €68,545 | €84,040 | - |
| Trade receivables40 | - | €40,227 | €7,292 | €32,109 | €25,812 | - |
| Other amounts receivable41 | - | €9,564 | €18,558 | €36,436 | €58,228 | - |
| Current investments50/53 | €563,922 | €942,218 | €949,405 | €1.7m | €2.0m | - |
| Cash at bank and in hand54/58 | €1.4m | €836,954 | €803,397 | €17,321 | €71,747 | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €447 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.4m | €2.4m | €2.4m | €3.3m | €3.7m | - |
| Equity10/15 | €1.6m | €1.7m | €1.8m | €1.7m | €1.8m | - |
| Contributions10/11 | €130,000 | €130,000 | €130,000 | €130,000 | €130,000 | - |
| Capital10 | - | €130,000 | €130,000 | €130,000 | €130,000 | - |
| Issued capital100 | - | €130,000 | €130,000 | €130,000 | €130,000 | - |
| Reserves13 | €1.5m | €1.6m | €1.7m | €1.6m | €1.6m | - |
| Non-distributable reserves130/1 | - | €13,000 | €13,000 | €13,000 | €13,000 | - |
| Legal reserve130 | - | €13,000 | €13,000 | €13,000 | €13,000 | - |
| Tax-exempt reserves132 | - | €1.1m | €1.1m | €1.1m | €0 | - |
| Distributable reserves133 | - | €469,408 | €544,673 | €503,699 | €1.6m | - |
| Profit (loss) carried forward14 | - | €0 | €0 | - | - | - |
| Provisions and deferred taxes16 | €367,206 | €367,206 | €367,206 | €367,206 | €0 | - |
| Deferred taxes168 | - | €367,206 | €367,206 | €367,206 | €0 | - |
| Amounts payable17/49 | €392,911 | €323,613 | €205,689 | €1.2m | €1.9m | - |
| Amounts payable after more than one year17 | €83,823 | €12,924 | €0 | €1.0m | €916,667 | - |
| Financial debts170/4 | - | €12,924 | €0 | €1.0m | €916,667 | - |
| Amounts payable within one year42/48 | €308,090 | €309,692 | €205,689 | €206,095 | €981,619 | - |
| Current portion of amounts payable after more than one year42 | - | €70,900 | €12,924 | €55,000 | €55,000 | - |
| Trade debts44 | €3,679 | €28,023 | €8,964 | €6,870 | €6,684 | - |
| Suppliers440/4 | - | €28,023 | €8,964 | €6,870 | €6,684 | - |
| Taxes, remuneration and social security45 | - | €16,690 | €18,212 | €0 | €50,737 | - |
| Taxes450/3 | - | €8,958 | €4,679 | €0 | €50,737 | - |
| Remuneration and social security454/9 | - | €7,732 | €13,533 | €0 | - | - |
| Other amounts payable47/48 | - | €194,079 | €165,589 | €144,225 | €869,198 | - |
| Accrued charges and deferred income492/3 | - | €997 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.2m | €70,607 | €75,265 | -€40,974 | €22,075 | - |
| + Depreciation and write-downs630 | €12,355 | €12,355 | €13,177 | €128,575 | €46,663 | - |
| Operating cash flow (approximation) | €1.2m | €82,963 | €88,442 | €87,601 | €68,738 | - |
| Investment in fixed assets (approximation) | - | -€110,754 | -€20,828 | -€1.1m | - | - |
| Change in cash | - | -€523,657 | -€33,557 | -€786,077 | - | - |
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
2026
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Back to profitnet €22,075
Net result €22,075 after one loss-making year.
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€40,974
Net result drops to -€40,974, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
31-12
Financial
Highest result since 2018net €1.2m ▲1,280%
Operating result €1.6m, net result €1.2m, both a record.
31-12
Financial
Liquidity times 30current ratio 6.27
Current ratio from 0.21 to 6.27; short-term debt falls from €586,602 to €308,090.
31-12
Financial
Equity above €1mEq €1.6m ▲270%
3 profitable years in a row build equity to €1.6m.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
Show earlier events
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Izegem · 1 establishment unit since 2005
Ground area
237 m²
Building footprint
104 m²
Volume, LiDAR
444 m³
Parcel 36009A0403/00N002, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VROMACO
since 20052.328.673.654
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36009A0403/00N002 | Flanders | 237 m² | 1 · 104 m² | 7.6 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.
Recognitions · licences · registrations
Legal Entity Identifier
6994000EJY3VSVUJIV86
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Of 24,721 companies in sector 64210 we hold annual accounts for 19,799. 11,289 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-12-2005
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0878001240
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.