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VVS Experts

Active
Private limited companyfounded 2024active for 2 yearsWannegemdorp (WAN) 18, 9772 Kruisem, BelgiumKBO/BCE: BE 1011.292.801
Summary

VVS Experts has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92,256 and a net result of €72,256. Its solvency ranks better than 92% of 11,734 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €200,000
Estimated: probably between €160,000 and €270,000
Total assets
€101,772
Net result
€72,256
Working capital
€91,121

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €101,772
Fixed assets €1,223
Current assets €100,549
Equity and liabilities €101,772
Equity €92,256
Debt €9,516
Debt finances 9.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€100,218
Cash flow
€72,345
Current ratio
10.66
Debt to equity
0.10
ROE
78.3%
ROA
71.0%
Interest coverage
over 100
Debt ≤ 1 year
€9,428
Income taxes
€27,322

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€101,772
Fixed assets21/28€1,223
Tangible fixed assets22/27€1,223
Plant, machinery and equipment23€1,223
Current assets29/58€100,549
Amounts receivable within one year40/41€11,382
Trade receivables40€10,902
Other amounts receivable41€480
Cash at bank and in hand54/58€89,167
Equity and liabilities
Total equity and liabilities10/49€101,772
Equity10/15€92,256
Contributions10/11€20,000
Reserves13€72,256
Distributable reserves133€72,256
Amounts payable17/49€9,516
Amounts payable within one year42/48€9,428
Trade debts44€188
Suppliers440/4€188
Taxes, remuneration and social security45€7,321
Taxes450/3€7,321
Other amounts payable47/48€1,919
Accrued charges and deferred income492/3€88
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88
Other operating charges640/8€88
Gross operating margin9900€100,306
Operating profit (loss)9901€100,130
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€555
Recurring financial charges65€555
Profit (loss) for the period before taxes9903€99,579
Income taxes67/77€27,322
Profit (loss) for the period9904€72,256
Profit (loss) for the period to be appropriated9905€72,256
Appropriation of the result
Profit (loss) to be appropriated9906€72,256
Transfer to equity691/2€72,256
To other reserves6921€72,256

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88
Other operating charges640/8€88
Gross operating margin9900€100,306
Operating profit (loss)9901€100,130
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€555
Recurring financial charges65€555
Profit (loss) for the period before taxes9903€99,579
Income taxes67/77€27,322
Profit (loss) for the period9904€72,256
Profit (loss) for the period to be appropriated9905€72,256
Line2025
Assets
Total assets20/58€101,772
Fixed assets21/28€1,223
Tangible fixed assets22/27€1,223
Plant, machinery and equipment23€1,223
Current assets29/58€100,549
Amounts receivable within one year40/41€11,382
Trade receivables40€10,902
Other amounts receivable41€480
Cash at bank and in hand54/58€89,167
Equity and liabilities
Total equity and liabilities10/49€101,772
Equity10/15€92,256
Contributions10/11€20,000
Reserves13€72,256
Distributable reserves133€72,256
Amounts payable17/49€9,516
Amounts payable within one year42/48€9,428
Trade debts44€188
Suppliers440/4€188
Taxes, remuneration and social security45€7,321
Taxes450/3€7,321
Other amounts payable47/48€1,919
Accrued charges and deferred income492/3€88
Line2025
Profit (loss) for the period9904€72,256
+ Depreciation and write-downs630€88
Operating cash flow (approximation)€72,345

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 26-12-2025 2025-00591595

Similar companies · same sector, comparable size

Of the 11,533 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,780. 5,376 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €47 awarded · €47 paid
Schemes
1 entry · €47 · €47 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.