Turnover
≈ €230,000 estimated
The micro format states no turnover.
VSB PLUS
Lifetime
2 annual accounts with figures on one time axispeak €76,040 (2024)
€50,304▼ 33.8%
peak €55,910 (2024)
€35,972▼ 35.7%
peak €96,882 (2025)
€96,882▲ 59.1%
€49,377▲ 87.0%
Board1 name since 2023
Documentsfilings and deeds
13-07-202618 days before the deadline
2025micro format
Gross margin from €76,040 to €50,304Result from €55,910 to €35,972Equity from €60,910 to €96,882Debts from €26,408 to €49,377Investments €7,604Cash from €46,325 to €104,117
Key points
from the 2025 annual accountsInvestments
€7,604 5.5 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 365.2% higher than in 2024.
Position in the sector
€35,972
Higher net result than 80% of companies in wholesale trade. Sector median €5,606 · 13,813 companies.
Checked score
93
Excellent
Financially stronger than 84% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.7%▲ +0.1 percentage points vs 12-2024
02-2025: 1.7%● unchanged vs 01-2025
03-2025: 2.1%▲ +0.4 percentage points vs 02-2025
04-2025: 2.1%● unchanged vs 03-2025
05-2025: 2.4%▲ +0.3 percentage points vs 04-2025
06-2025: 2.6%▲ +0.2 percentage points vs 05-2025
07-2025: 2.7%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.3%▼ -2.4 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.2%▼ -0.2 percentage points vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Profit of €35,972 (financial year 2025)
lowers risk
Liquidity: current ratio 2.80, cash €104,117
Equity €96,882 (66.2% of total assets)
Calculation
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 46, micro). It does better than 72% of them on solvency, 86% on liquidity, 90% on profitability and 89% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as VSB PLUS has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VSB PLUS itself is lower: 0.2% within 12 months. It rests on far more data about VSB PLUS than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for VSB PLUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.8 (3.14 in 2024), above the usual 1.5. Short-term debt is 33% and cash 71.2% of total assets. 33.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
18 days early
2024
14 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 16 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VANSWARTENBROUCK Pieter Jean-Marie Lea Philippe 100 sharesdeed of 14-11-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1002147877
Incorporation
Founding capital of €5,000, 100 shares · Founder: VANSWARTENBROUCK Pieter Jean-Marie Lea Philippe (comparant) · Appointment: VANSWARTENBROUCK Pieter Jean-Marie Lea Philippe (director) · published on 14-11-2023 · Gazette deed
First establishment
Klameerstraat 33, Alken
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VSB PLUS Alken | €146,258 | €50,304 | 66.2% | - |
| JH Development Riemst | €135,129 | €49,848 | 91.6% | - |
| ROOF ‘N’ BRICKS Bilzen-Hoeselt | €129,259 | €70,889 | 75.7% | - |
| F&F-Investgroupe Nivelles | €131,211 | €55,564 | 50.9% | - |
| DermaLab Benelux Brasschaat | €134,864 | €65,470 | 37.0% | - |
| LHSB Ledegem | €133,134 | €53,052 | 76.0% | - |
| GREEN PRODUCT ECO Verviers | €160,673 | €41,734 | 28.6% | - |
These companies have the same main activity as VSB PLUS: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €129,000 and €161,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 10-11-2023Normal situation
- Activity
- Agents in non-specialised wholesale tradeNACE 46190
- Establishment unit
- 2.351.916.8343570 Alken, since 10-11-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 24-10-2024
Annual accounts 2025
- €146,258▲ 67.5%
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Insights on VSB PLUS
VSB PLUS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96,882 and a net result of €35,972.
Its solvency ranks better than 71% of 13,807 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VSB PLUS
- What is the company number of VSB PLUS?
- The company number of VSB PLUS is 1002.147.877. The VAT number is the same number with BE in front: BE 1002.147.877.
- Where is VSB PLUS based?
- The registered office is at Klameerstraat 33, 3570 Alken.Company details
- What does VSB PLUS do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of VSB PLUS?
- VSB PLUS is a private limited company (BV).
- When was VSB PLUS founded?
- VSB PLUS was founded on 10-11-2023.
- Is VSB PLUS still active?
- Yes, VSB PLUS is an active enterprise in the KBO register.
- What is the turnover of VSB PLUS?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €50,304 and 30 comparable companies (NACE 461). It probably lies between €120,000 and €550,000.Financials
- Is VSB PLUS profitable?
- In financial year 2025, VSB PLUS made a profit of €35,972.
- Where can I find the annual accounts of VSB PLUS?
- VSB PLUS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VSB PLUS due?
- VSB PLUS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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