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VVH PROJECTS

Active
Private limited companyfounded 20224 yrs activeZuerbergstraat 69, 3080 Tervuren, BelgiumKBO/BCE: BE 0788.734.120

VVH PROJECTS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €13k. Equity is shrinking by ~59.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 19% of 1892 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
45 / 100
Fair▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency18▲+7
Growth32=
Stability94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.9 against 0.85 in 2024), and 86.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1892 sector peers (2025).
NBB · sector comparison
Position among 1892 sector peers
Solvency
better than 19%
← weakest strongest →
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 21-07-2026, 10 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
10 d early
2024
9 d early
2023
43 d early
2022
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 months
Position in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€5k=
2024 · €5k
2022: €30k 2023: €44k 2024: €5k
2022 → 2025
Total assets
€37k▼ 61.2%
2024 · €94k
2022: €82k 2023: €91k 2024: €94k
2022 → 2025
Net result
€13k▼ 25.1%
2024 · €18k
2022: €25k 2023: €14k 2024: €18k
2022 → 2025
Working capital
€-3k▲ 75.6%
2024 · €-13k
2022: €29k 2023: €27k 2024: €-13k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€30k-€44k▲ 46.6%€5k▼ 88.5%€5k=
Operating result€31k-€19k▼ 39.0%€24k▲ 26.1%€18k▼ 25.5%
Net result€25k-€14k▼ 43.9%€18k▲ 28.5%€13k▼ 25.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2022: €31k€31kNet result 2022: €25k€25kOperating result 2023: €19k€19kNet result 2023: €14k€14kOperating result 2024: €24k€24kNet result 2024: €18k€18kOperating result 2025: €18k€18kNet result 2025: €13k€13k2022202320242025
The operating result falls in 2025; 2025 is 25% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37k
Fixed assets €9k▼ 59.9%
Current assets €28k▼ 61.5%
Equity and liabilities €37k
Equity €5k=
Debt €32k▼ 64.6%
The debt ratio falls from 94.7% to 86.4%: debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€31k
2024 · €37k
Cash flow
€26k
2024 · €31k
Solvency
13.6%
2024 · 5.3%
Current ratio
0.90
2024 · 0.85
Quick ratio
0.90
2024 · 0.85
Debt / equity
6.34
2024 · 17.90
ROE
266.6%
2024 · 356.0%
ROA
36.3%
2024 · 18.8%
Interest coverage
88.47
2024 · 35.63
Debt
€32k
2024 · €89k
Debt ≤ 1 year
€31k
2024 · €86k
Income taxes
€4k
2024 · €5k
Staff costs
€2k
2024 · €2k
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€94k€37k
Fixed assets21/28€21k€9k
Tangible fixed assets22/27€21k€9k
Plant, machinery and equipment23€2k€993
Furniture and vehicles24€20k€8k
Current assets29/58€73k€28k
Amounts receivable within one year40/41€12k€13k
Trade receivables40-€56
Other amounts receivable41€12k€13k
Cash at bank and in hand54/58€60k€13k
Deferred charges and accrued income490/1€1k€1k
Equity and liabilities
Total equity and liabilities10/49€94k€37k
Equity10/15€5k€5k=
Contributions10/11€5k€5k=
Amounts payable17/49€89k€32k
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€86k€31k
Current portion of amounts payable after more than one year42€14k€4k
Trade debts44€863-
Suppliers440/4€863-
Taxes, remuneration and social security45€7k€5k
Taxes450/3€3k€4k
Remuneration and social security454/9€4k€160
Other amounts payable47/48€64k€23k
Accrued charges and deferred income492/3€156€509
Income statement Code20242025
Remuneration, social security and pensions62€2k€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k
Other operating charges640/8-€527
Gross operating margin9900€39k€33k
Operating profit (loss)9901€24k€18k
Financial income75/76B€2€11
Recurring financial income75€2€11
Financial charges65/66B€1k€349
Recurring financial charges65€1k€349
Profit (loss) for the period before taxes9903€23k€18k
Income taxes67/77€5k€4k
Profit (loss) for the period9904€18k€13k
Profit (loss) for the period to be appropriated9905€18k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€56k€13k
Profit (loss) brought forward from the previous period14P€39k-
Profit to be distributed694/7€56k€13k
Return on contributions (dividend)694€56k€13k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €13k ▼25.1%
Net result drops to €13k, the lowest in the series.
22-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Tervuren · 1 establishment unit since 2022
establishment The establishment unit on the map
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.

Zuerbergstraat 693080 Tervuren
Ground area
1,215 m²
Building footprint
105 m²
Volume, LiDAR
845 m³
Parcel 24023A0169/00M000, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VVH PROJECTS
Zuerbergstraat 69, 3080 TervurenIT consultancy
since 20222.333.567.503
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24023A0169/00M000 Flanders 1,215 m² 1 · 105 m² 10.4 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 · 225 EUR awarded
Year Entries awardedpaid
2025 1 225 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 225 EUR · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 3,142 companies in sector 63920 we hold annual accounts for 1,516. 513 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-07-2022
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
62020IT consultancy
62200Computer consultancy and computer facilities management
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.