VuPa
ActiveVuPa has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.31M and a net result of €305k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 91% of 621 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 9.94 against 9.27 in 2024), and 9.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.4%
Return on assets
21%
Age of the figures
8 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
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 03-04-2026, 119 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
119 d early
2024
22 d early
2023
28 d late
2022
5 d early
2021
10 d late
2020
29 d early
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.31M▲ 30.2%
2024 · €1.01M
2018: €339k
2019: €410k
2020: €430k
2021: €523k
2022: €646k
2023: €808k
2024: €1.01M
2018 → 2025
Total assets
€1.45M▲ 29.5%
2024 · €1.12M
2018: €345k
2019: €415k
2020: €451k
2021: €577k
2022: €711k
2023: €899k
2024: €1.12M
2018 → 2025
Net result
€305k▲ 3.4%
2024 · €295k
2018: €94k
2019: €71k
2020: €78k
2021: €142k
2022: €185k
2023: €230k
2024: €295k
2018 → 2025
Working capital
€1.25M▲ 33.2%
2024 · €940k
2018: €268k
2019: €353k
2020: €391k
2021: €490k
2022: €605k
2023: €739k
2024: €940k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€523k-€646k▲ 23.5%€808k▲ 25.1%€1.01M▲ 24.8%€1.31M▲ 30.2%
Operating result€201k-€263k▲ 31.1%€333k▲ 26.7%€389k▲ 16.6%€397k▲ 2.2%
Net result€142k-€185k▲ 29.9%€230k▲ 24.7%€295k▲ 27.9%€305k▲ 3.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 2% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.45M
Fixed assets
€62k▼ 10.6%
Current assets
€1.39M▲ 32.1%
Equity and liabilities €1.45M
Equity
€1.31M▲ 30.2%
Debt
€140k▲ 23.3%
The debt ratio falls from 10.1% to 9.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€419k▲
2024 · €407k
Cash flow
€326k▲
2024 · €313k
Solvency
90.4%▲
2024 · 89.9%
Current ratio
9.94▲
2024 · 9.27
Quick ratio
9.41▲
2024 · 8.77
Debt / equity
0.11▼
2024 · 0.11
ROE
23.2%▼
2024 · 29.2%
ROA
21.0%▼
2024 · 26.2%
Interest coverage
1508.62▲
2024 · 1243.37
Debt
€140k▲
2024 · €114k
Debt ≤ 1 year
€140k▲
2024 · €114k
Income taxes
€97k▲
2024 · €95k
Staff costs
€318k▲
2024 · €189k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.12M€1.45M▲
Fixed assets21/28€69k€62k▼
Intangible fixed assets21€16k€12k▼
Tangible fixed assets22/27€49k€47k▼
Land and buildings22€9k€7k▼
Plant, machinery and equipment23€861€631▼
Furniture and vehicles24€40k€39k▼
Financial fixed assets28€3k€3k=
Current assets29/58€1.05M€1.39M▲
Stocks and contracts in progress3€56k€73k▲
Stocks30/36€56k€73k▲
Amounts receivable within one year40/41€122k€149k▲
Trade receivables40€120k€144k▲
Other amounts receivable41€3k€5k▲
Current investments50/53€49k€49k=
Cash at bank and in hand54/58€815k€1.11M▲
Deferred charges and accrued income490/1€10k€13k▲
Equity and liabilities
Total equity and liabilities10/49€1.12M€1.45M▲
Equity10/15€1.01M€1.31M▲
Contributions10/11€6k€6k=
Reserves13€708k€1.31M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€706k€1.31M▲
Profit (loss) carried forward14€295k€0▼
Amounts payable17/49€114k€140k▲
Amounts payable within one year42/48€114k€140k▲
Trade debts44€20k€38k▲
Suppliers440/4€20k€38k▲
Taxes, remuneration and social security45€94k€102k▲
Taxes450/3€64k€45k▼
Remuneration and social security454/9€29k€56k▲
Accrued charges and deferred income492/3€103€145▲
Income statement
Code20242025
Remuneration, social security and pensions62€189k€318k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€22k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€1k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€599k€742k▲
Operating profit (loss)9901€389k€397k▲
Financial income75/76B€951€5k▲
Recurring financial income75€951€5k▲
Financial charges65/66B€327€278▼
Recurring financial charges65€327€278▼
Profit (loss) for the period before taxes9903€389k€402k▲
Income taxes67/77€95k€97k▲
Profit (loss) for the period9904€295k€305k▲
Profit (loss) for the period to be appropriated9905€295k€305k▲
Appropriation of the result
Profit (loss) to be appropriated9906€295k€599k▲
Profit (loss) brought forward from the previous period14P-€295k
Transfer from equity791/2€94k€0▼
Transfer to equity691/2€0€599k▲
To other reserves6921€0€599k▲
Profit to be distributed694/7€94k€0▼
Return on contributions (dividend)694€94k€0▼
Social balance
Average headcount (FTE)90874.25.4▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €305k ▲3.4%
Operating result €397k, net result €305k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1MEq €1.01M ▲24.8%
7 profitable years in a row build equity to €1.01M.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
31-12
Financial
Equity above €500kEq €523k ▲21.6%
4 profitable years in a row build equity to €523k.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €71k ▼25.1%
Net result drops to €71k, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Geel · 2 establishment units since 2013
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.
Winkelom 772440 GeelGround area
1.2 ha
Building footprint
5,794 m²
Volume, LiDAR
24,160 m³
2 parcels, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
VuPa
since 20132.216.900.752
9de liniestraat 23, 3200 Aarschot
since 20262.387.525.633
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13373K0218/00K000 | Flanders | 7,439 m² | 1 · 3,364 m² | 10.3 m · 2 fl. |
| 24001A0420/00L007 | Flanders | 4,631 m² | 1 · 2,431 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 720 EUR awarded · 720 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 720 EUR | 720 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,548 companies in sector 74999 we hold annual accounts for 1,934. 745 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-02-2013
Fiscal year end31-12
Activities, NACEBEL
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
80090Investigation and security activities
80200Investigation and security activities
41001General construction of residential buildings
43221Plumbing work
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.