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VSVB

Active
Private limited companyfounded 2024active for 1 yearScherpeputstraat 2, 9160 Lokeren, BelgiumKBO/BCE: BE 1015.626.523
Summary

VSVB has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74,001 and a net result of €69,001. Its solvency ranks better than 60% of 2,277 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€74,001
Total assets
€111,275
Net result
€69,001
Working capital
€73,235

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €111,275
Fixed assets €766
Current assets €110,509
Equity and liabilities €111,275
Equity €74,001
Debt €37,274
Debt finances 33.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€95,310
Cash flow
€72,766
Current ratio
2.96
Debt to equity
0.50
ROE
93.2%
ROA
62.0%
Interest coverage
26.10
Debt ≤ 1 year
€37,274
Income taxes
€18,906

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€111,275
Fixed assets21/28€766
Tangible fixed assets22/27€766
Furniture and vehicles24€766
Current assets29/58€110,509
Amounts receivable within one year40/41€32,912
Trade receivables40€32,912
Cash at bank and in hand54/58€75,197
Deferred charges and accrued income490/1€2,400
Equity and liabilities
Total equity and liabilities10/49€111,275
Equity10/15€74,001
Reserves13€74,001
Non-distributable reserves130/1€5,000
Reserves not available under the articles1311€5,000
Distributable reserves133€69,001
Amounts payable17/49€37,274
Amounts payable within one year42/48€37,274
Trade debts44€4,141
Suppliers440/4€4,141
Taxes, remuneration and social security45€30,197
Taxes450/3€30,197
Other amounts payable47/48€2,936
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,765
Other operating charges640/8€1,449
Gross operating margin9900€96,759
Operating profit (loss)9901€91,546
Financial income75/76B€12
Recurring financial income75€12
Financial charges65/66B€3,651
Recurring financial charges65€3,651
Profit (loss) for the period before taxes9903€87,907
Income taxes67/77€18,906
Profit (loss) for the period9904€69,001
Profit (loss) for the period to be appropriated9905€69,001
Appropriation of the result
Profit (loss) to be appropriated9906€69,001
Transfer to equity691/2€69,001
To other reserves6921€69,001

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,765
Other operating charges640/8€1,449
Gross operating margin9900€96,759
Operating profit (loss)9901€91,546
Financial income75/76B€12
Recurring financial income75€12
Financial charges65/66B€3,651
Recurring financial charges65€3,651
Profit (loss) for the period before taxes9903€87,907
Income taxes67/77€18,906
Profit (loss) for the period9904€69,001
Profit (loss) for the period to be appropriated9905€69,001
Line2025
Assets
Total assets20/58€111,275
Fixed assets21/28€766
Tangible fixed assets22/27€766
Furniture and vehicles24€766
Current assets29/58€110,509
Amounts receivable within one year40/41€32,912
Trade receivables40€32,912
Cash at bank and in hand54/58€75,197
Deferred charges and accrued income490/1€2,400
Equity and liabilities
Total equity and liabilities10/49€111,275
Equity10/15€74,001
Reserves13€74,001
Non-distributable reserves130/1€5,000
Reserves not available under the articles1311€5,000
Distributable reserves133€69,001
Amounts payable17/49€37,274
Amounts payable within one year42/48€37,274
Trade debts44€4,141
Suppliers440/4€4,141
Taxes, remuneration and social security45€30,197
Taxes450/3€30,197
Other amounts payable47/48€2,936
Line2025
Profit (loss) for the period9904€69,001
+ Depreciation and write-downs630€3,765
Operating cash flow (approximation)€72,766

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 18-05-2026 2026-00114797

Similar companies · same sector, comparable size

Of the 3,110 active companies whose main activity is other information service activities (NACE 63920), figures are known for 1,566. 1,278 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.