Shareholders
- BVSM BVBA10%
From the official registers: KBO 17 annual accounts at the National Bank publications in the Belgian Official Gazette
VSB Motors has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,461 and a net result of €5,088. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 30% of 3,298 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro). It does better than 28% of them on solvency, 6% on liquidity, 62% on profitability and 91% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The company filed its last 7 accounts on average 48 days after the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
These companies have the same main activity as VSB Motors: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €52,500 and €74,300, founded between 2006 and 2012.
| Company | Total assets | Gross margin |
|---|---|---|
| VSB Motors Lievegem | €60,663 | €16,005 |
| GARAGE 2006 Aubange | €59,966 | €16,042 |
| AKYIGIT PNEUS Sint-Jans-Molenbeek | €65,680 | €16,077 |
| BALCI CARS Stavelot | €65,391 | €15,210 |
| A.M.B. CARS Sint-Jans-Molenbeek | €52,493 | €17,401 |
| VORTECH Beaumont | €74,282 | €18,601 |
| HAS-KA group Oudergem | €60,478 | €15,423 |
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