VRYHEID
ActiveSummary
VRYHEID has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15k and a net result of €-5k. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 18% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability9▼-91
Solvency46▼-10
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.27 in 2023; short-term debt: 51.9% and cash: 13.9% of total assets), and 78.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
21.4%
Return on assets
-7.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 20780 sector peers (2024).
NBB · sector comparisonPosition among 20780 sector peers
Solvency
better than 18%
← weakest
strongest →
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 17-06-2025, 44 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
44 d early
2022
40 d early
2021
31 d early
2020
24 d early
2019
45 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€15k▼ 26.1%
2023 · €20k
2018: €13klowest in 7 years
2019: €24k▲ +86.8% vs 2018
2020: €35k▲ +45.6% vs 2019
2021: €36k▲ +1.1% vs 2020highest in 7 years
2022: €20k▼ -42.8% vs 2021
2023: €20k● 0.0% vs 2022
2024: €15k▼ -26.1% vs 2023
2018 → 2024
Total assets
€71k▲ 6.2%
2023 · €67k
2018: €32klowest in 7 years
2019: €52k▲ +60.5% vs 2018
2020: €63k▲ +20.6% vs 2019
2021: €40k▼ -36.9% vs 2020
2022: €64k▲ +61.9% vs 2021
2023: €67k▲ +4.1% vs 2022
2024: €71k▲ +6.2% vs 2023highest in 7 years
2018 → 2024
Net result
€-5k
2023 · €30k
2018: €8k
2019: €13k▲ +70.2% vs 2018
2020: €13k▼ -1.9% vs 2019
2021: €-5k▼ -138% vs 2020
2022: €13k▲ +376% vs 2021
2023: €30k▲ +128% vs 2022highest in 7 years
2024: €-5k▼ -118% vs 2023lowest in 7 years
2018 → 2024
Working capital
€866▼ 93.1%
2023 · €13k
2018: €8k
2019: €13k▲ +73.9% vs 2018
2020: €29k▲ +118% vs 2019
2021: €31k▲ +7.4% vs 2020highest in 7 years
2022: €11k▼ -63.0% vs 2021
2023: €13k▲ +9.9% vs 2022
2024: €866▼ -93.1% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€35k-€36k▲ 1.1%€20k▼ 42.8%€20k=€15k▼ 26.1%
2020: €35k
2021: €36k▲ +1.1% vs 2020highest in 5 years
2022: €20k▼ -42.8% vs 2021
2023: €20k● 0.0% vs 2022
2024: €15k▼ -26.1% vs 2023lowest in 5 years
Operating result€17k-€-1k€16k€39k▲ 145%€-5k
2020: €17k
2021: €-1k▼ -109% vs 2020
2022: €16k▲ +1178% vs 2021
2023: €39k▲ +145% vs 2022highest in 5 years
2024: €-5k▼ -113% vs 2023lowest in 5 years
Net result€13k-€-5k€13k€30k▲ 128%€-5k
2020: €13k
2021: €-5k▼ -138% vs 2020
2022: €13k▲ +376% vs 2021
2023: €30k▲ +128% vs 2022highest in 5 years
2024: €-5k▼ -118% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €39k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €71k
Fixed assets
€33k ▲ 318%
Current assets
€38k ▼ 36.0%
Equity and liabilities €71k
Equity
€15k ▼ 26.1%
Debt
€56k ▲ 20.6%
Debt's share of the balance-sheet total rises from 69.3% to 78.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-607▼
2023 · €43k
Cash flow
€-924▼
2023 · €34k
Current ratio
1.02▼
2023 · 1.27
Debt to equity
3.68▲
2023 · 2.26
ROE
-35.4%▼
2023 · 146.8%
ROA
-7.6%▼
2023 · 45.1%
Interest coverage
-2.70▼
2023 · 359.27
Debt ≤ 1 year
€37k▼
2023 · €46k
Debt > 1 year
€19k
Income taxes
€118▼
2023 · €9k
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 · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€67k€71k▲
Fixed assets21/28€8k€33k▲
Tangible fixed assets22/27€8k€33k▲
Furniture and vehicles24€8k€33k▲
Current assets29/58€59k€38k▼
Amounts receivable within one year40/41€30k€8k▼
Trade receivables40€29k€8k▼
Other amounts receivable41€286€382▲
Cash at bank and in hand54/58€18k€10k▼
Deferred charges and accrued income490/1€11k€19k▲
Equity and liabilities
Total equity and liabilities10/49€67k€71k▲
Equity10/15€20k€15k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€0€-5k▼
Amounts payable17/49€46k€56k▲
Amounts payable after more than one year17-€19k
Financial debts170/4-€19k
Amounts payable within one year42/48€46k€37k▼
Current portion of amounts payable after more than one year42-€6k
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€2k€3k▲
Remuneration and social security454/9€6k€0▼
Other amounts payable47/48€36k€25k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Non-recurring operating income76A-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€607€182▼
Gross operating margin9900€43k€-425▼
Operating profit (loss)9901€39k€-5k▼
Financial income75/76B€36€26▼
Recurring financial income75€36€26▼
Financial charges65/66B€119€225▲
Recurring financial charges65€119€225▲
Profit (loss) for the period before taxes9903€39k€-5k▼
Income taxes67/77€9k€118▼
Profit (loss) for the period9904€30k€-5k▼
Profit (loss) for the period to be appropriated9905€30k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€-5k▼
Transfer from equity791/2€0-
Profit to be distributed694/7€30k€0▼
Return on contributions (dividend)694€30k€0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €5k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €3k | €3k | €4k | €4k | ▲ 9.6% |
| Other operating charges640/8 | - | €503 | €507 | €607 | €182 | ▼ 70.1% |
| Gross operating margin9900 | €23k | €2k | €19k | €43k | €-425 | ▼ 101% |
| Operating profit (loss)9901 | €17k | €-1k | €16k | €39k | €-5k | ▼ 113% |
| Financial income75/76B | - | €12 | €388 | €36 | €26 | ▼ 28.9% |
| Recurring financial income75 | €14 | €12 | €388 | €36 | €26 | ▼ 28.9% |
| Financial charges65/66B | - | €2k | €122 | €119 | €225 | ▲ 88.5% |
| Recurring financial charges65 | €359 | €2k | €122 | €119 | €225 | ▲ 88.5% |
| Profit (loss) for the period before taxes9903 | €17k | €-3k | €16k | €39k | €-5k | ▼ 113% |
| Income taxes67/77 | €4k | €1k | €3k | €9k | €118 | ▼ 98.7% |
| Profit (loss) for the period9904 | €13k | €-5k | €13k | €30k | €-5k | ▼ 118% |
| Profit (loss) for the period to be appropriated9905 | €13k | €-5k | €13k | €30k | €-5k | ▼ 118% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63k | €40k | €64k | €67k | €71k | ▲ 6.2% |
| Fixed assets21/28 | €7k | €5k | €9k | €8k | €33k | ▲ 318% |
| Tangible fixed assets22/27 | €7k | €5k | €9k | €8k | €33k | ▲ 318% |
| Furniture and vehicles24 | - | €5k | €9k | €8k | €33k | ▲ 318% |
| Current assets29/58 | €56k | €35k | €55k | €59k | €38k | ▼ 36.0% |
| Amounts receivable within one year40/41 | €35k | €15k | €13k | €30k | €8k | ▼ 71.8% |
| Trade receivables40 | - | €12k | €13k | €29k | €8k | ▼ 72.8% |
| Other amounts receivable41 | - | €3k | €0 | €286 | €382 | ▲ 33.8% |
| Cash at bank and in hand54/58 | €20k | €18k | €41k | €18k | €10k | ▼ 45.5% |
| Deferred charges and accrued income490/1 | - | €874 | €1k | €11k | €19k | ▲ 75.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63k | €40k | €64k | €67k | €71k | ▲ 6.2% |
| Equity10/15 | €35k | €36k | €20k | €20k | €15k | ▼ 26.1% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €29k | €17k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €15k | €0 | - | - | - |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €-5k | - |
| Amounts payable17/49 | €27k | €4k | €44k | €46k | €56k | ▲ 20.6% |
| Amounts payable after more than one year17 | - | - | - | - | €19k | - |
| Financial debts170/4 | - | - | - | - | €19k | - |
| Amounts payable within one year42/48 | €27k | €4k | €43k | €46k | €37k | ▼ 20.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €6k | - |
| Trade debts44 | €5k | €498 | €3k | €3k | €3k | ▼ 6.3% |
| Suppliers440/4 | - | €498 | €3k | €3k | €3k | ▼ 6.3% |
| Taxes, remuneration and social security45 | - | €3k | €15k | €7k | €3k | ▼ 63.6% |
| Taxes450/3 | - | €2k | €11k | €2k | €3k | ▲ 48.9% |
| Remuneration and social security454/9 | - | €1k | €5k | €6k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €254 | €25k | €36k | €25k | ▼ 30.7% |
| Accrued charges and deferred income492/3 | - | - | €225 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €-5k | €13k | €30k | €-5k | ▼ 118% |
| + Depreciation and write-downs630 | €5k | €3k | €3k | €4k | €4k | ▲ 9.6% |
| Operating cash flow (approximation) | €18k | €-2k | €16k | €34k | €-924 | ▼ 103% |
| Investment in fixed assets (approximation) | - | €-1k | €-7k | €-3k | €-30k | ▼ 1,008% |
| Change in cash | - | €-2k | €22k | €-23k | €-8k | ▲ 64.1% |
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
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €30k ▲128%
Operating result €39k, net result €30k, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 9.18
Current ratio from 2.05 to 9.18; short-term debt falls from €27k to €4k.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2016
Ground area
199 m²
Building footprint
63 m²
Volume, LiDAR
528 m³
Parcel 11051B0067/00K000, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VRYHEID
since 20162.258.068.047
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0067/00K000 | Flanders | 199 m² | 1 · 63 m² | 9.5 m · 3 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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 11,717 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
Founded03-11-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.