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VVO

Active
Private limited companyfounded 201115 yrs activeHundelgemsesteenweg 63, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0834.382.023
Summary

The computed 12-month bankruptcy probability of VVO is 3.8% (moderate). The 2024 annual accounts show negative equity (-€308,056) and a net result of -€122,015. Equity is shrinking by ~65% per year across the filed fiscal years. Its solvency ranks better than 5% of 9632 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
VVOActiveChecked score 47/100
Risk analysis ReportCompare

Overview

Activity
Retail trade
NACE 47230
1 site
Size
€288,364total assets 2024
Staff
7.4 FTE
Equity
-€308,056
Loss
-€122,015
Turnover not published (abridged schema)
Financial health
47 Fair Checked score 2024
Bankruptcy chance 12 m
3.8%
Structure
Parent
FOX HOLDINGS · 100%
Accounts 63 d overdue0 of 6 deeds read
Why 47- Loss of €122,015, the second in a row (FY 2024)- 1 financial year not filed after the legal deadline; latest accounts 98 days late; 3 of the last 3 late+ Founded in 2011+ Liquidity: current ratio 0.41, cash €139,028Show the evidence

Checked score

Score 2024
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 18% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 0=
equity -106.8% of total assets
Liquidity 50=
short-term debt 202.9% · cash 48.2%
Profitability 0=
return on assets -42.3%
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (39,898 companies)
Last 14 months 09-2025: 6.2%highest value 10-2025: 5.4%▼ -12.1% vs 09-2025 11-2025: 5.0%▼ -7.3% vs 10-2025 12-2025: 5.3%▲ +5.5% vs 11-2025 01-2026: 5.3%● 0.0% vs 12-2025 02-2026: 5.3%● 0.0% vs 01-2026 03-2026: 5.2%▼ -1.8% vs 02-2026 04-2026: 5.2%● 0.0% vs 03-2026 05-2026: 5.2%▼ -0.5% vs 04-2026 06-2026: 4.9%▼ -5.3% vs 05-2026 07-2026: 4.9%▲ +0.2% vs 06-2026 08-2026: 4.7%▼ -3.9% vs 07-2026 09-2026: 4.6%▼ -3.7% vs 08-2026 10-2026: 3.8%▼ -16.6% vs 09-2026lowest value
  • Founded in 2011 lowers the probability for this profile
  • Liquidity: current ratio 0.41, cash €139,028 lowers the probability
  • Loss of €122,015, the second in a row (FY 2024) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 98 days late; 3 of the last 3 late raises the probability
No credit on open account
Liquidity short (current ratio 0.41 against 0.55 in 2023; short-term debt: 202.9% and cash: 48.2% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 6%, liquidity 52%, profitability 6%, growth against the median 9%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Founded in 2011
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Liquidity: current ratio 0.41, cash €139,028
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Loss of €122,015, the second in a row (FY 2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 98 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
19202021222324
2019 to 2024 · latest year -€308,056
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-11-2025, 98 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
98 d late
2023
191 d late
2022
344 d late
2021
316 d late
2020
87 d late
2020
3 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 172 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Annual accounts filedfiscal year 2023 · abbreviated…
  3. Annual accounts filedfiscal year 2022 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€308,056 View
  • Risk: 4 loss-making years in a rowloss fiscal year 2024 -€122,015 View
  • Caution: Among the weakest 5% on solvencysector median 38.5% · 9,632 companies -106.8% View
  • Caution: Equity fell in 2024from -€186,041 to -€308,056 ▼ 65.6% View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Controlled by FOX HOLDINGSultimately: ZEEVISHANDEL MERCUUR IJMUIDEN BV 100% View

By topic

Financials

Fiscal year
2024
Total assets
€288,364
Loss
-€122,015
Solvency
-106.8%
Total assets▼ 18.5%
Net result
20192024
Go to Financials

Timeline

Events
12
Since
2017
  1. 06-11-2025Annual accounts filed
  2. 07-02-2025Annual accounts filed
  3. 09-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail tradeNACE 47230
Founded
07-03-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark

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