VUURVAST
ActiveVUURVAST has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.22M and a net result of €240k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 65% of 404 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
84
/ 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability28▲+12
Solvency81▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €350k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.24 in 2024), and 43.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
56.9%
Return on assets
3.2%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €4.2M
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
34 d early
2023
34 d early
2022
32 d early
2021
31 d early
2020
31 d early
2019
31 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4.22M▲ 2.9%
2024 · €4.10M
2018: €2.69M
2019: €2.29M
2020: €642k
2021: €672k
2022: €886k
2023: €989k
2024: €4.10M
2018 → 2025
Total assets
€7.43M▼ 11.2%
2024 · €8.36M
2018: €6.28M
2019: €4.98M
2020: €4.38M
2021: €3.96M
2022: €4.99M
2023: €5.11M
2024: €8.36M
2018 → 2025
Net result
€240k▲ 83.8%
2024 · €131k
2018: €70k
2019: €-402k
2020: €-1.65M
2021: €30k
2022: €214k
2023: €223k
2024: €131k
2018 → 2025
Working capital
€598k▼ 23.8%
2024 · €785k
2018: €633k
2019: €741k
2020: €1.10M
2021: €798k
2022: €664k
2023: €581k
2024: €785k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€672k-€886k▲ 31.8%€989k▲ 11.6%€4.10M▲ 315%€4.22M▲ 2.9%
Operating result€150k-€316k▲ 111%€356k▲ 12.5%€326k▼ 8.2%€408k▲ 25.1%
Net result€30k-€214k▲ 600%€223k▲ 4.3%€131k▼ 41.4%€240k▲ 83.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 25% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.43M
Fixed assets
€4.35M▼ 0.2%
Current assets
€3.07M▼ 23.2%
Equity and liabilities €7.43M
Equity
€4.22M▲ 2.9%
Debt
€3.20M▼ 24.8%
The debt ratio falls from 50.9% to 43.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€672k▲
2024 · €624k
Cash flow
€504k▲
2024 · €428k
Solvency
56.9%▲
2024 · 49.1%
Current ratio
1.24▼
2024 · 1.24
Quick ratio
0.92▼
2024 · 1.03
Debt / equity
0.76▼
2024 · 1.04
ROE
5.7%▲
2024 · 3.2%
ROA
3.2%▲
2024 · 1.6%
Interest coverage
4.32▲
2024 · 3.82
Debt
€3.20M▼
2024 · €4.26M
Debt ≤ 1 year
€2.48M▼
2024 · €3.22M
Debt > 1 year
€726k▼
2024 · €1.04M
Income taxes
€54k▼
2024 · €76k
Staff costs
€1.95M▼
2024 · €2.10M
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€8.36M€7.43M▼
Fixed assets21/28€4.36M€4.35M▼
Tangible fixed assets22/27€4.36M€4.25M▼
Land and buildings22€3.80M€3.77M▼
Plant, machinery and equipment23€374k€421k▲
Furniture and vehicles24€87k€16k▼
Leasing and similar rights25€90k€46k▼
Financial fixed assets28€2k€102k▲
Current assets29/58€4.00M€3.07M▼
Stocks and contracts in progress3€699k€784k▲
Stocks30/36€398k€495k▲
Contracts in progress37€301k€289k▼
Amounts receivable within one year40/41€3.13M€2.18M▼
Trade receivables40€2.21M€1.51M▼
Other amounts receivable41€918k€675k▼
Cash at bank and in hand54/58€146k€47k▼
Deferred charges and accrued income490/1€29k€63k▲
Equity and liabilities
Total equity and liabilities10/49€8.36M€7.43M▼
Equity10/15€4.10M€4.22M▲
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Revaluation surpluses12€2.99M€2.99M=
Reserves13€995k€1.12M▲
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Distributable reserves133€983k€1.10M▲
Amounts payable17/49€4.26M€3.20M▼
Amounts payable after more than one year17€1.04M€726k▼
Financial debts170/4€1.04M€726k▼
Amounts payable within one year42/48€3.22M€2.48M▼
Current portion of amounts payable after more than one year42€411k€346k▼
Financial debts43€1.75M€878k▼
Credit institutions430/8€1.75M€878k▼
Trade debts44€623k€836k▲
Suppliers440/4€623k€836k▲
Taxes, remuneration and social security45€431k€297k▼
Taxes450/3€191k€157k▼
Remuneration and social security454/9€240k€140k▼
Other amounts payable47/48-€120k
Income statement
Code20242025
Non-recurring operating income76A€49k€62k▲
Remuneration, social security and pensions62€2.10M€1.95M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€298k€264k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€631€1k▲
Other operating charges640/8€74k€89k▲
Non-recurring operating charges66A€3k€6k▲
Gross operating margin9900€2.80M€2.72M▼
Operating profit (loss)9901€326k€408k▲
Financial income75/76B€43k€41k▼
Recurring financial income75€43k€41k▼
Financial charges65/66B€163k€155k▼
Recurring financial charges65€163k€155k▼
Profit (loss) for the period before taxes9903€206k€294k▲
Income taxes67/77€76k€54k▼
Profit (loss) for the period9904€131k€240k▲
Profit (loss) for the period to be appropriated9905€131k€240k▲
Appropriation of the result
Profit (loss) to be appropriated9906€131k€240k▲
Transfer to equity691/2€131k€120k▼
To other reserves6921€131k€120k▼
Profit to be distributed694/7-€120k
Directors or managers695-€120k
Social balance
Average headcount (FTE)908725.224.3▼
The notes to these accounts (22 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
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €240k ▲83.8%
Operating result €408k, net result €240k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €2MEq €4.10M ▲315%
4 profitable years in a row build equity to €4.10M.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €30k
Net result €30k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-1.65M
Net result drops to €-1.65M, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2015
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2015
Resigned as Director
Location & real-estate footprint
Registered office, Scherpenheuvel-Zichem · 2 establishment units since 1980
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.
Dennenlaan 153271 Scherpenheuvel-ZichemGround area
1.9 ha
Building footprint
7,996 m²
Volume, LiDAR
66,267 m³
2 parcels, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Dennenlaan 15, 3271 Scherpenheuvel-Zichem
since 19802.017.024.829
Herrestraat 16, 3294 Diest
since 20102.324.664.782
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24073K0024/00Z002 | Flanders | 1.9 ha | 1 · 7,851 m² | 10.1 m · 3 fl. |
| 24005D0650/00B006 | Flanders | 826 m² | 1 · 146 m² | 7.4 m · 2 fl. |
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
2022 · 1 entry · 511 EUR awarded · 511 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 511 EUR | 511 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Of 121 companies in sector 28210 we hold annual accounts for 101. 61 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-01-1980
Fiscal year end31-12
Activities, NACEBEL
28210Manufacture of machinery and equipment not elsewhere classified
43230Insulation installation
43291Specialised construction activities
25110Manufacture of metal structures and parts of structures
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.