VV team
ActiveSummary
VV team has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €548k and a net result of €75k. Equity is growing by ~28.4% per year across the filed fiscal years. Its solvency ranks better than 62% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability81▼-6
Solvency94▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.6 against 0.59 in 2023; short-term debt: 25.9% and cash: 10.9% of total assets), and 30.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
69.3%
Return on assets
9.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
29 d late
2022
17 d late
2021
25 d late
2020
2 d early
2019
66 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€75k▼ 25.3%
2023 · €101k
Working capital
€-82k▲ 5.6%
2023 · €-87k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€108k▲ 22.3%€86k▼ 20.7%€131k▲ 52.5%€147k▲ 12.3%€113k▼ 23.1%
Net result€62k▲ 41.8%€51k▼ 18.1%€98k▲ 91.2%€101k▲ 2.9%€75k▼ 25.3%
Equity€236k▲ 36.0%€287k▲ 21.7%€372k▲ 29.8%€473k▲ 27.0%€548k▲ 15.9%
Total assets€769k▼ 7.4%€714k▼ 7.2%€707k▼ 0.9%€707k▼ 0.1%€791k▲ 12.0%
Debt€533k▼ 18.9%€427k▼ 19.9%€335k▼ 21.5%€234k▼ 30.2%€243k▲ 4.1%
Working capital€-275k▲ 9.0%€-244k▲ 11.2%€-191k▲ 21.9%€-87k▲ 54.4%€-82k▲ 5.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €791k
Fixed assets
€669k ▲ 15.0%
Current assets
€123k ▼ 2.0%
Equity and liabilities €791k
Equity
€548k ▲ 15.9%
Debt
€243k ▲ 4.1%
Debt's share of the balance-sheet total falls from 33.1% to 30.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€176k▼
2023 · €202k
Cash flow
€138k▼
2023 · €156k
Current ratio
0.60▲
2023 · 0.59
Debt to equity
0.44▼
2023 · 0.49
ROE
13.7%▼
2023 · 21.3%
ROA
9.5%▼
2023 · 14.2%
Interest coverage
13.06▼
2023 · 16.09
Debt ≤ 1 year
€205k▼
2023 · €212k
Debt > 1 year
€27k▲
2023 · €14k
Income taxes
€25k▼
2023 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €61k | €60k | €55k | €55k | €63k | ▲ 14.1% |
| Other operating charges640/8 | - | €24k | €24k | €26k | €27k | ▲ 5.0% |
| Gross operating margin9900 | €193k | €169k | €211k | €229k | €204k | ▼ 10.9% |
| Operating profit (loss)9901 | €108k | €86k | €131k | €147k | €113k | ▼ 23.1% |
| Financial income75/76B | - | €0 | €0 | €208 | €509 | ▲ 145% |
| Recurring financial income75 | €0 | €0 | €0 | €208 | €509 | ▲ 145% |
| Financial charges65/66B | - | €17k | €14k | €13k | €14k | ▲ 7.4% |
| Recurring financial charges65 | €15k | €17k | €14k | €13k | €14k | ▲ 7.4% |
| Profit (loss) for the period before taxes9903 | €93k | €68k | €117k | €135k | €100k | ▼ 25.7% |
| Income taxes67/77 | €31k | €17k | €20k | €34k | €25k | ▼ 26.7% |
| Profit (loss) for the period9904 | €62k | €51k | €98k | €101k | €75k | ▼ 25.3% |
| Profit (loss) for the period to be appropriated9905 | €62k | €51k | €98k | €101k | €75k | ▼ 25.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €769k | €714k | €707k | €707k | €791k | ▲ 12.0% |
| Fixed assets21/28 | €742k | €682k | €627k | €581k | €669k | ▲ 15.0% |
| Tangible fixed assets22/27 | €742k | €682k | €627k | €581k | €669k | ▲ 15.0% |
| Land and buildings22 | - | €682k | €627k | €581k | €669k | ▲ 15.0% |
| Other tangible fixed assets26 | - | €0 | - | - | - | - |
| Current assets29/58 | €28k | €32k | €81k | €125k | €123k | ▼ 2.0% |
| Amounts receivable within one year40/41 | €22k | €29k | €65k | €28k | €37k | ▲ 32.3% |
| Trade receivables40 | - | €24k | €40k | €28k | €37k | ▲ 31.9% |
| Other amounts receivable41 | - | €5k | €25k | €0 | €113 | - |
| Cash at bank and in hand54/58 | €5k | €607 | €15k | €96k | €86k | ▼ 10.3% |
| Deferred charges and accrued income490/1 | - | €2k | €265 | €2k | €47 | ▼ 97.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €769k | €714k | €707k | €707k | €791k | ▲ 12.0% |
| Equity10/15 | €236k | €287k | €372k | €473k | €548k | ▲ 15.9% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €121k | €121k | €108k | €108k | €108k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €119k | €106k | €108k | €108k | = |
| Profit (loss) carried forward14 | €97k | €148k | €246k | €346k | €421k | ▲ 21.7% |
| Amounts payable17/49 | €533k | €427k | €335k | €234k | €243k | ▲ 4.1% |
| Amounts payable after more than one year17 | €231k | €145k | €58k | €14k | €27k | ▲ 99.1% |
| Financial debts170/4 | - | €145k | €58k | €14k | €27k | ▲ 99.1% |
| Amounts payable within one year42/48 | €302k | €276k | €271k | €212k | €205k | ▼ 3.5% |
| Current portion of amounts payable after more than one year42 | - | €106k | €102k | €49k | €32k | ▼ 35.7% |
| Trade debts44 | €10k | €5k | €9k | €10k | €27k | ▲ 171% |
| Suppliers440/4 | - | €5k | €9k | €10k | €27k | ▲ 171% |
| Taxes, remuneration and social security45 | - | €26k | €10k | €16k | €4k | ▼ 76.0% |
| Taxes450/3 | - | €26k | €10k | €16k | €4k | ▼ 76.0% |
| Other amounts payable47/48 | - | €139k | €151k | €136k | €142k | ▲ 4.0% |
| Accrued charges and deferred income492/3 | - | €6k | €6k | €8k | €11k | ▲ 41.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62k | €51k | €98k | €101k | €75k | ▼ 25.3% |
| + Depreciation and write-downs630 | €61k | €60k | €55k | €55k | €63k | ▲ 14.1% |
| Operating cash flow (approximation) | €123k | €111k | €153k | €156k | €138k | ▼ 11.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-10k | €-150k | ▼ 1,413% |
| Change in cash | - | €-4k | €15k | €80k | €-10k | ▼ 112% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Equity above €500kEq €548k ▲15.9%
7 profitable years in a row build equity to €548k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €101k ▲2.9%
Operating result €147k, net result €101k, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €200kEq €236k ▲36%
3 profitable years in a row build equity to €236k.
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €44k ▼4%
Net result drops to €44k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €174k ▲34%
2 profitable years in a row build equity to €174k.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Oreye · 1 establishment unit since 2009
Ground area
127 m²
Building footprint
63 m²
Volume, LiDAR
629 m³
Parcel 64443A0262/00C002, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue du Général Lens 6, 4360 Oreye
since 20092.176.673.664
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64443A0262/00C002 | Wallonia | 127 m² | 1 · 63 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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MLR
BE 0729.885.012
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SEPTEM TRIONES
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 33,912 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.