VURE
ActiveSummary
VURE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€5.3m) and a net result of €47,996. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 4814 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
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Signals
This company filed its last 6 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 522 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- negative equity
- a profit under 5% of the balance sheet
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 522 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €2.4m | €13.0m | €9.0m | €12.2m | ▲ 35.3% |
| Turnover70 | - | - | - | €14.7m | €1.6m | ▼ 89.3% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | €1.2m | €13.0m | -€5.7m | €10.4m | ▲ 283% |
| Other operating income74 | - | €1.2m | - | - | €137,260 | - |
| Non-recurring operating income76A | - | - | - | - | €32,589 | - |
| Operating charges60/66A | - | €2.3m | €15.5m | €12.4m | €11.7m | ▼ 5.3% |
| Goods for resale, raw materials and consumables60 | - | €1.4m | €12.0m | €13.1m | €13.3m | ▲ 1.8% |
| Purchases600/8 | - | €1.4m | €12.0m | €21.4m | €5.7m | ▼ 73.3% |
| Change in stocks: decrease (increase)609 | - | - | - | -€8.3m | €7.6m | ▲ 192% |
| Services and other goods61 | - | €854,217 | €661,267 | €7,285 | €7,482 | ▲ 2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €2.6m | -€714,783 | -€1.6m | ▼ 125% |
| Other operating charges640/8 | - | €24,316 | €285,111 | €2,410 | €4,471 | ▲ 85.5% |
| Operating profit (loss)9901 | €53,871 | €114,680 | -€2.5m | -€3.4m | €448,562 | ▲ 113% |
| Financial income75/76B | - | €13 | €0 | €0 | €0 | ▲ 700% |
| Recurring financial income75 | €2,063 | €13 | €0 | €0 | €0 | ▲ 700% |
| Other financial income752/9 | - | €13 | €0 | €0 | €0 | ▲ 700% |
| Financial charges65/66B | - | €122,782 | €114,603 | €121,914 | €400,566 | ▲ 229% |
| Recurring financial charges65 | €64,199 | €122,782 | €114,603 | €121,914 | €400,566 | ▲ 229% |
| Debt charges650 | €19,340 | €44,354 | €84,304 | €102,835 | €369,676 | ▲ 259% |
| Other financial charges652/9 | - | €78,428 | €30,299 | €19,079 | €30,890 | ▲ 61.9% |
| Profit (loss) for the period before taxes9903 | -€8,264 | -€8,088 | -€2.6m | -€3.5m | €47,996 | ▲ 101% |
| Profit (loss) for the period9904 | -€8,264 | -€8,088 | -€2.6m | -€3.5m | €47,996 | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | -€8,264 | -€8,088 | -€2.6m | -€3.5m | €47,996 | ▲ 101% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.8m | €6.0m | €19.4m | €20.5m | €3.9m | ▼ 81.1% |
| Current assets29/58 | €2.8m | €6.0m | €19.4m | €20.5m | €3.9m | ▼ 81.1% |
| Stocks and contracts in progress3 | €2.6m | €5.0m | €15.4m | €18.9m | €2.8m | ▼ 85.4% |
| Stocks30/36 | - | - | - | €6.4m | €596,200 | ▼ 90.7% |
| Property held for sale35 | - | - | - | €6.4m | €596,200 | ▼ 90.7% |
| Contracts in progress37 | - | €5.0m | €15.4m | €12.4m | €2.2m | ▼ 82.6% |
| Amounts receivable within one year40/41 | €166,268 | €221,886 | €525,081 | €1.4m | €659,277 | ▼ 52.5% |
| Trade receivables40 | - | €84,626 | €387,821 | €1.2m | €659,277 | ▼ 47.2% |
| Other amounts receivable41 | - | €137,260 | €137,260 | €137,260 | - | - |
| Cash at bank and in hand54/58 | €85,804 | €852,072 | €3.4m | €278,437 | €462,037 | ▲ 65.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.8m | €6.0m | €19.4m | €20.5m | €3.9m | ▼ 81.1% |
| Equity10/15 | €312,072 | €303,983 | -€2.3m | -€5.3m | -€5.3m | ▲ 0.9% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €243,872 | €235,783 | -€2.4m | -€5.4m | -€5.3m | ▲ 0.9% |
| Amounts payable17/49 | €2.5m | €5.7m | €21.6m | €25.8m | €9.1m | ▼ 64.6% |
| Amounts payable within one year42/48 | €2.5m | €5.6m | €21.5m | €25.7m | €9.1m | ▼ 64.4% |
| Financial debts43 | - | - | €3.2m | €3.0m | €660,000 | ▼ 77.7% |
| Credit institutions430/8 | - | - | €3.2m | €3.0m | €660,000 | ▼ 77.7% |
| Trade debts44 | €299,032 | €172,354 | €2.6m | €9.4m | €2.4m | ▼ 74.6% |
| Suppliers440/4 | - | €172,354 | €2.6m | €9.4m | €2.4m | ▼ 74.6% |
| Advances received on contracts in progress46 | - | €2.4m | €13.5m | €12.3m | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €561 | €1.1m | €200,594 | €1,415 | ▼ 99.3% |
| Taxes450/3 | - | €561 | €1.1m | €200,594 | €1,415 | ▼ 99.3% |
| Other amounts payable47/48 | - | €3.0m | €1.1m | €763,841 | €6.1m | ▲ 696% |
| Accrued charges and deferred income492/3 | - | €137,260 | €137,260 | €137,260 | €3,149 | ▼ 97.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,264 | -€8,088 | -€2.6m | -€3.5m | €47,996 | ▲ 101% |
| Operating cash flow (approximation) | -€8,264 | -€8,088 | -€2.6m | -€3.5m | €47,996 | ▲ 101% |
| Change in cash | - | €766,268 | €2.6m | -€3.1m | €183,600 | ▲ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
20-03
State Gazette act
Statutes amendment · MiscellaneousCapital · Power of attorney5 facts ▸
- General meeting, 06/11/2025
- Statutes amendment
- Statutes amendment
- Capital, €62.000
- Power of attorney, BAPTIST Annelies
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0668/00T000 | Flanders | 2,234 m² | 1 · 622 m² | 19.5 m · 5 fl. |
Linked by address, not proof of ownership
Articles of association
Full purpose
I. De onderneming in onroerende goederen... II. Projectontwikkeling... III. Bouwonderneming... IV. De uitoefening voor rekening van derden van de activiteit van vastgoedmakelaar...
Structure & network
Owners and holdings
1 ownerChain of control
Highest known parent: CYGA. The sources do not say who stands above it.
Owners 1
- CIRILparentSourceaccounts CIRIL 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Capital and shareholders
- 20-03-2026 Capital stated in the act · 62,000 EUR · 100 shares
Recognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.