VSSS
ActiveVSSS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €652k and a net result of €-3k. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 90 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
60
/ 100
Healthy▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 8.9 against 5.08 in 2023), and 28.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
71.8%
Return on assets
-0.3%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
153 d late
2022
32 d late
2021
31 d late
2020
31 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€652k▼ 0.4%
2023 · €655k
2018: €341k
2019: €415k
2020: €245k
2021: €402k
2022: €701k
2023: €655k
2018 → 2024
Total assets
€909k▼ 8.3%
2023 · €991k
2018: €428k
2019: €557k
2020: €496k
2021: €515k
2022: €1.09M
2023: €991k
2018 → 2024
Net result
€-3k▲ 94.5%
2023 · €-46k
2018: €60k
2019: €161k
2020: €77k
2021: €157k
2022: €300k
2023: €-46k
2018 → 2024
Working capital
€593k▲ 2.2%
2023 · €580k
2018: €324k
2019: €397k
2020: €238k
2021: €379k
2022: €624k
2023: €580k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€245k-€402k▲ 64.2%€701k▲ 74.6%€655k▼ 6.6%€652k▼ 0.4%
Operating result€151k-€209k▲ 38.9%€422k▲ 102%€-39k€11k
Net result€77k-€157k▲ 105%€300k▲ 90.8%€-46k€-3k▲ 94.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €11k after a loss of €39k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €909k
Fixed assets
€241k▼ 10.5%
Current assets
€668k▼ 7.5%
Equity and liabilities €909k
Equity
€652k▼ 0.4%
Debt
€256k▼ 23.8%
The debt ratio falls from 33.9% to 28.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€20k▲
2023 · €-23k
Cash flow
€6k▲
2023 · €-30k
Solvency
71.8%▲
2023 · 66.1%
Current ratio
8.90▲
2023 · 5.08
Quick ratio
8.90▲
2023 · 5.08
Debt / equity
0.39▼
2023 · 0.51
ROE
-0.4%▲
2023 · -7.1%
ROA
-0.3%▲
2023 · -4.7%
Interest coverage
1.39▲
2023 · -2.65
Debt
€256k▼
2023 · €336k
Debt ≤ 1 year
€75k▼
2023 · €142k
Debt > 1 year
€181k▼
2023 · €194k
Income taxes
€6k▲
2023 · €-1k
Staff costs
€9k▼
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€991k€909k▼
Fixed assets21/28€269k€241k▼
Tangible fixed assets22/27€269k€241k▼
Land and buildings22€244k€237k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€21k€689▼
Current assets29/58€722k€668k▼
Amounts receivable within one year40/41€480k€629k▲
Trade receivables40€145k€127k▼
Other amounts receivable41€335k€502k▲
Cash at bank and in hand54/58€232k€37k▼
Deferred charges and accrued income490/1€10k€2k▼
Equity and liabilities
Total equity and liabilities10/49€991k€909k▼
Equity10/15€655k€652k▼
Contributions10/11€19k€19k=
Reserves13€636k€636k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€635k€635k=
Profit (loss) carried forward14-€-3k
Amounts payable17/49€336k€256k▼
Amounts payable after more than one year17€194k€181k▼
Financial debts170/4€194k€181k▼
Amounts payable within one year42/48€142k€75k▼
Current portion of amounts payable after more than one year42€12k€22k▲
Financial debts43€52-
Credit institutions430/8€52-
Trade debts44€19k€47k▲
Suppliers440/4€19k€47k▲
Taxes, remuneration and social security45€111k€6k▼
Taxes450/3€111k€6k▼
Accrued charges and deferred income492/3€325-
Income statement
Code20232024
Remuneration, social security and pensions62€10k€9k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€9k▼
Other operating charges640/8€9k€12k▲
Gross operating margin9900€-4k€41k▲
Operating profit (loss)9901€-39k€11k▲
Financial income75/76B€2€6k▲
Recurring financial income75€2€6k▲
Financial charges65/66B€9k€14k▲
Recurring financial charges65€9k€14k▲
Profit (loss) for the period before taxes9903€-48k€3k▲
Income taxes67/77€-1k€6k▲
Profit (loss) for the period9904€-46k€-3k▲
Profit (loss) for the period to be appropriated9905€-46k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€-3k▲
Transfer from equity791/2€46k-
Social balance
Average headcount (FTE)90870.1-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 58 days late
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 153 days late
2023
31-12
Financial
Weakest financial yearnet €-46k ▼115%
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
31-12
Financial
Highest result since 2018net €300k ▲90.8%
Operating result €422k, net result €300k, both a record.
31-12
Financial
Equity above €500kEq €701k ▲74.6%
5 profitable years in a row build equity to €701k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 4.35
Current ratio from 1.95 to 4.35; short-term debt falls from €251k to €113k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 92 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Putte · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Warandestraat 222580 PutteGround area
707 m²
Building footprint
210 m²
Volume, LiDAR
769 m³
Parcel 12001B0083/00T000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VSSS
since 20142.237.616.487
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12001B0083/00T000 | Flanders | 707 m² | 1 · 210 m² | 6.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
875500Q2LX75BO9TY291
Similar companies · same sector, comparable size
BOSS SERVICES
BE 0457.104.085
Elsene · Eq €652k
ALTERNA
BE 0451.101.666
Schaarbeek · Eq €647k
MAREC
BE 0436.806.935
Blégny · Eq €647k
Refurb Pro
BE 0476.543.578
Brasschaat · Eq €647k
Exertis Enterprise BE
BE 0808.693.552
Mechelen · Eq €659k
Of 2,126 companies in sector 46500 we hold annual accounts for 1,403. 965 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-11-2014
Fiscal year end31-12
Activities, NACEBEL
46500Wholesale of information and communication equipment
46520Wholesale trade
61100Wired, wireless and satellite telecommunications
61200Telecommunications
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.