VSL INVEST

Active

Private limited companyfounded 2021active for 5 yearsOverdam 15A, 9930 Lievegem, BelgiumKBO/BCE: BE 0767.701.748

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VSL INVEST has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €199,888 and a net result of €18,772, of which €31,804 non-recurring income. Equity has been growing by about 45% per year since 2022. Its solvency ranks better than 39% of 11,235 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

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VSL INVESTActiveChecked score 68/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 30-04-2021 Normal situation
Legal form: Private limited company
Registered office: Overdam 15A, 9930 Lievegem
Activity: Development of residential building projects NACE 68121and 1 other
Establishment unit: 2.316.882.810 9930 Lievegem, since 30-04-2021
Financial year end: 31 December
Peppol: Reachable since 21-10-2026

Company details

Board and ownership

Board

LOCY DavidDirector
LOCY KarenDirector
SCHOLLIER PieterDirector
VERSICHEL DavyDirector

Holdings: Shares in 1 company ARLO

Board & ownership

Financial position

68 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.8%

Annual accounts 2025

Gross margin: €96,863; ▼ 41.2%
Turnover: ≈ €250,000; estimated
Profit: €18,772; ▼ 78.5%
Equity: €199,888; ▲ 10.4%
Total assets: €993,676; ▼ 1.4%

2025 accounts filed 21 days before the deadline

Filed on 10-07-2026at the National Bank

Financials

Score breakdownraises riskLiquidity: current ratio 1.01, cash €703, halvedFounded in 2021lowers riskSector: Real estate activities (NACE 68)Size: total assets €993,676Show the evidence

Checked score

Score 2025

68 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially stronger than 45% of micro companies in real estate (NACE 68)

Every signal that counts is listed under Signals.

Financial strength · tick: 2024

Average

Solvency 45+2

equity 20.1% of total assets

Liquidity 20-29

short-term debt 57.9% · cash 0.1%

Profitability 70-10

return on assets 1.9%

Bankruptcy probability within 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)

Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.2%▼ -0.1 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.3 percentage points vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.6 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.8%▲ +0.1 percentage points vs 09-2026highest value

Credit of up to €13,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.01 (1.7 in 2024), below the usual 1.5. Short-term debt is 57.9% and cash 0.1% of total assets. 79.9% of the assets are financed with debt and provisions.

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 68, micro). It does better than 40% of them on solvency, 16% on liquidity, 58% on profitability and 66% 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).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.01, cash €703, halved

NBB · annual accounts

Sector: Real estate activities (NACE 68)

KBO

Size: total assets €993,676

Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Founded in 2021

Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

21 days early

2024

20 days early

2023

30 days late

2022

6 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 4 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

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. The company usually files around 18 July (3 of the last 4 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Caution: Result fell in 2025from €87,116 to €18,772 ▼ 78.5% View

Documents

Key facts about VSL INVEST

What is the company number of VSL INVEST?: The company number of VSL INVEST is 0767.701.748. The VAT number is the same number with BE in front: BE 0767.701.748.
Where is VSL INVEST based?: The registered office is at Overdam 15A, 9930 Lievegem.Company details
What does VSL INVEST do?: According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of VSL INVEST?: The legal form of VSL INVEST is Private limited company (BV).
When was VSL INVEST founded?: VSL INVEST was founded on 30-04-2021.
Is VSL INVEST still active?: Yes, VSL INVEST is an active enterprise in the KBO register.
What is the turnover of VSL INVEST?: The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €96,863 and 47 comparable companies (NACE 681). It probably lies between €130,000 and €530,000.Financials
Is VSL INVEST profitable?: In financial year 2025, VSL INVEST made a profit of €18,772.
Where can I find the annual accounts of VSL INVEST?: VSL INVEST filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of VSL INVEST due?: VSL INVEST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Companies linked to VSL INVEST

Subsidiaries and holdings

ARLO20%

Comparable companies

These companies have the same main activity as VSL INVEST: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €892,000 and €1.5m, founded between 2020 and 2022.

Company	Total assets	Gross margin
VSL INVEST Lievegem	€1.0m	€0.1m
Reno Top Lokeren	€0.9m	€0.08m
BARAK Leuven	€1.2m	€0.09m
HUGOS Merelbeke-Melle	€1.3m	€0.09m
Tack-Build Sint-Gillis-Waas	€0.9m	€0.08m
OMNILINK Sint-Niklaas	€1.3m	€0.2m
BEWO INVEST Aalter	€1.5m	€0.06m