Equity
€231,447 ▲ 62.9%
Equity rose in 2025 from €142,097 to €231,447.
VTP Workx
Lifetime
6 annual accounts with figures on one time axispeak €39,721 (2024)
€29,892▼ 24.7%
lowest -€4,500 (2021)
€89,350▲ 21.7%
peak €231,447 (2025)
€231,447▲ 62.9%
€453,347▼ 8.8%
Board1 name since 2019
1 directorAlexander VERSTREEPEN
Documentsfilings and deeds
19-08-202619 days late
2025micro format
Gross margin from €39,721 to €29,892Equity from €142,097 to €231,447Investments €48,396Cash from €21,630 to €4,840
Key points
from the 2025 annual accountsInvestments
€53,377 9.7 × depreciation
Green is investment, beige is depreciation.
Filings
6 annual accounts 3 late
The 2023 accounts came latest: 162 days after the end of the period.
Checked score
87
Excellent
Financially stronger than 41% of micro companies in head offices and management consultancy (NACE 70)
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: 0.1% across 48,572 companies (NACE 70, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%
01-2025: 1.4%● unchanged vs 12-2024
02-2025: 1.4%● unchanged vs 01-2025
03-2025: 1.4%● unchanged vs 02-2025
04-2025: 1.5%▲ +0.1 percentage points vs 03-2025
05-2025: 1.6%▲ +0.1 percentage points vs 04-2025
06-2025: 1.7%▲ +0.1 percentage points vs 05-2025
07-2025: 1.7%● unchanged vs 06-2025
08-2025: 2.3%▲ +0.6 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -2.2 percentage points vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
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: 0.2%▲ +0.1 percentage points vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%▼ -0.1 percentage points vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.15, cash €4,840, halved
Last filed accounts filed 19 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €684,794
Sector: Activities of head offices; management consultancy activities (NACE 70)
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 70, micro). It does better than 33% of them on solvency, 15% on liquidity, 33% on profitability and 83% 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).
Credit verdict
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.15 (0.14 in 2024), below 1. Short-term debt is 38.9% and cash 0.7% of total assets. 66.2% 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
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €231,447
raises risk · 2025 accounts filed 19 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
19 days late
2024
21 days late
2023
162 days late
2022
14 days early
2021
13 days early
2020
26 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 25 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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. The company usually files around 19 August (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Alexander VERSTREEPEN hoofdelijk aansprakelijke vennootdeed of 11-01-2019
Shares in 1 company, ALGEMENE SCHRIJNWERKERIJ MERTENS - GOOSSENS
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0717859089
1 director appointed, 1 resignation
Resignation: Alexander VERSTREEPEN · Appointment: Alexander VERSTREEPEN · Permanent representative: Alexander VERSTREEPEN · General meeting of 23-12-2020 · Gazette deed
Incorporation
Founding capital of €18,600 · Founder: Alexander VERSTREEPEN (hoofdelijk aansprakelijke vennoot) · Appointment: Alexander VERSTREEPEN (manager) · published on 11-01-2019 · Gazette deed
First establishment
Larumseweg 96, Olen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VTP Workx Olen | €684,794 | €29,892 | 33.8% | - |
| MOABI Brecht | €631,230 | €28,085 | 10.8% | - |
| S-Invest Nijlen | €677,895 | €35,878 | 12.3% | - |
| Bio & Cie by C&V Tournai | €652,546 | €28,609 | 57.4% | - |
| GI&ME Tournai | €722,886 | €34,162 | 6.1% | - |
| FINADLP Ixelles | €582,961 | €27,645 | 98.1% | - |
| I-ZEN MANAGEMENT Genappe | €776,555 | €27,898 | 79.3% | - |
These companies have the same main activity as VTP Workx: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €583,000 and €777,000, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 09-01-2019Normal situation
- Activity
- Business and other management consultancyNACE 70200and 3 others
- Establishment unit
- 2.283.454.7292250 Olen, since 09-01-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Insights on VTP Workx
VTP Workx files the micro format. That format states no turnover. The gross margin rose from €24,635 in 2020 to €29,892 in 2025.
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 VTP Workx
- What is the company number of VTP Workx?
- The company number of VTP Workx is 0717.859.089. The VAT number is the same number with BE in front: BE 0717.859.089.
- Where is VTP Workx based?
- The registered office is at Larumseweg 96, 2250 Olen.Company details
- What does VTP Workx do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of VTP Workx?
- VTP Workx is a private limited company (BV).
- When was VTP Workx founded?
- VTP Workx was founded on 09-01-2019.
- Is VTP Workx still active?
- Yes, VTP Workx is an active enterprise in the KBO register.
- What is the turnover of VTP Workx?
- The turnover in financial year 2025 is ≈ €87,000. This figure is estimated from the gross margin of €29,892 and 144 comparable companies (NACE 70200). It probably lies between €52,000 and €120,000.Financials
- Is VTP Workx profitable?
- In financial year 2025, VTP Workx made a profit of €89,350.
- Where can I find the annual accounts of VTP Workx?
- VTP Workx filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VTP Workx due?
- VTP Workx must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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