Summary
VVRG is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €104,807 and a net result of -€30,620. Its solvency ranks better than 76% of 8094 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2025, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 11-07-2026, 20 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
20 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
€104,807
Net result
-€30,620
Total assets
€133,551
Solvency
78.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €133,551
Fixed assets
€105,713
Current assets
€27,838
Equity and liabilities €133,551
Equity
€104,807
Debt
€28,744
Debt finances 21.5% of the balance-sheet total.
Key figures and ratios
ROE
-29.2%
ROA
-22.9%
Debt ≤ 1 year
€26,550
Debt > 1 year
€1,174
Income taxes
€362
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,932 |
| Other operating charges640/8 | €1,986 |
| Gross operating margin9900 | -€8,548 |
| Operating profit (loss)9901 | -€29,465 |
| Financial income75/76B | €247 |
| Recurring financial income75 | €247 |
| Financial charges65/66B | €1,040 |
| Recurring financial charges65 | €1,040 |
| Profit (loss) for the period before taxes9903 | -€30,258 |
| Income taxes67/77 | €362 |
| Profit (loss) for the period9904 | -€30,620 |
| Profit (loss) for the period to be appropriated9905 | -€30,620 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €133,551 | |
| Fixed assets21/28 | €105,713 | |
| Tangible fixed assets22/27 | €105,704 | |
| Land and buildings22 | €61,980 | |
| Plant, machinery and equipment23 | €6,666 | |
| Furniture and vehicles24 | €37,057 | |
| Financial fixed assets28 | €9 | |
| Current assets29/58 | €27,838 | |
| Amounts receivable within one year40/41 | €12,700 | |
| Trade receivables40 | €5,200 | |
| Other amounts receivable41 | €7,500 | |
| Cash at bank and in hand54/58 | €12,820 | |
| Deferred charges and accrued income490/1 | €2,318 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €133,551 | |
| Equity10/15 | €104,807 | |
| Contributions10/11 | €3,356 | |
| Reserves13 | €131,178 | |
| Tax-exempt reserves132 | €17,115 | |
| Distributable reserves133 | €114,063 | |
| Profit (loss) carried forward14 | -€29,726 | |
| Amounts payable17/49 | €28,744 | |
| Amounts payable after more than one year17 | €1,174 | |
| Financial debts170/4 | €1,174 | |
| Amounts payable within one year42/48 | €26,550 | |
| Current portion of amounts payable after more than one year42 | €6,893 | |
| Trade debts44 | €1,546 | |
| Suppliers440/4 | €1,546 | |
| Taxes, remuneration and social security45 | €123 | |
| Taxes450/3 | €123 | |
| Other amounts payable47/48 | €17,987 | |
| Accrued charges and deferred income492/3 | €1,020 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€30,620 |
| + Depreciation and write-downs630 | €18,932 |
| Operating cash flow (approximation) | -€11,688 |
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
2026
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Avelgem · 1 establishment unit since 2025
Ground area
820 m²
Building footprint
173 m²
Volume, LiDAR
896 m³
Parcel 34003A0329/00N000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
VVRG
since 20252.376.007.674
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34003A0329/00N000 | Flanders | 820 m² | 1 · 172 m² | 8.2 m · 2 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.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 12,439 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
Founded02-07-2025
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:1025011668
Also
9925:BE1025011668
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.