vvSolutions
ActiveSummary
vvSolutions has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of -€119,030. Equity has been growing by about 157% per year since 2021. Its solvency ranks better than 55% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 10-09-2020 Normal situation
- Activity
- Wholesale of information and communication equipment NACE 46500and 5 others
- Joint committee
- 144 Paritair Comité voor de landbouw · annual accounts 2025
- Establishment units
- 2.307.361.665 9100 Sint-Niklaas, since 10-09-2020
- 2.373.974.436 9100 Sint-Niklaas, since 03-04-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- De Pauw EllenDirector · since 09-09-2020
- Van Vaerenbergh JonasDirector · since 09-09-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €246,270
- ▲ 12.7%
- Turnover
- ≈ €1.2m
- estimated
- Loss
- €119,030
- Equity
- €3.1m
- ▲ 563%
- Total assets
- €6.6m
- ▲ 11×
- Employees on 31-12-2025
- 7
Score breakdownraises riskFounded in 2020Sector: Wholesale trade (NACE 46)lowers riskSize: total assets €6.6mFigures for financial year 2025 (filed on 08-07-2026)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 55% of them on solvency, 73% on liquidity, 54% on profitability and 99% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 69 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 08-07-2026 at the NBB all 5 filings
Every figure per financial year
The operating result for 2025 is a loss of €119,106, after a profit of €171,829 in 2024. It is the lowest result since 2021.
- 2025 Equity +563%, Total assets +1,038% on 2024. Capital increase of €2,750,000 (Official Gazette 27-03-2025).
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 7 |
| full-time | 4 |
| part-time | 3 |
| in full-time equivalents | 6.1 |
| Average over the year, in full-time equivalents | 4.8 |
| On a permanent contract | 5 |
| Joined | 144 |
| Left | 717 |
Source: social balance sheet in the 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €189,717 | - | - | - | €6.1m |
| Intangible fixed assets | €100,000 | - | - | - | - |
| Depreciation and write-downs of the year | €31,982 | €48,564 | €47,849 | €45,572 | €146,022 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €182,467 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,982 | €48,564 | €47,849 | €45,572 | €146,022 | ▲ 220% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €25,604 | - |
| Other operating charges640/8 | €1,721 | €1,767 | €851 | €1,054 | €11,283 | ▲ 970% |
| Gross operating margin9900 | €109,193 | €209,898 | €299,567 | €218,455 | €246,270 | ▲ 12.7% |
| Operating profit (loss)9901 | €75,490 | €159,566 | €250,867 | €171,829 | -€119,106 | - |
| Financial income75/76B | €32 | €0 | €0 | €3,542 | €1,084 | ▼ 69.4% |
| Recurring financial income75 | €32 | €0 | €0 | €3,542 | €1,084 | ▼ 69.4% |
| Financial charges65/66B | €116 | €74 | €59 | €4,961 | €415 | ▼ 91.6% |
| Recurring financial charges65 | €116 | €74 | €59 | €4,961 | €415 | ▼ 91.6% |
| Profit (loss) for the period before taxes9903 | €75,406 | €159,492 | €250,809 | €170,411 | -€118,437 | - |
| Income taxes67/77 | €25,314 | €47,654 | €76,482 | €44,229 | €593 | ▼ 98.7% |
| Profit (loss) for the period9904 | €50,092 | €111,838 | €174,327 | €126,181 | -€119,030 | - |
| Profit (loss) for the period to be appropriated9905 | €50,092 | €111,838 | €174,327 | €126,181 | -€119,030 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.6m | €0.8m | €0.5m | €0.6m | €6.6m | ▲ 11× |
| Formation expenses20 | - | - | - | - | €0.03m | - |
| Fixed assets21/28 | €0.3m | €0.2m | €0.2m | €0.1m | €6.1m | ▲ 51× |
| Intangible fixed assets21 | €0.09m | €0.08m | €0.07m | €0.06m | €0.05m | ▼ 17.6% |
| Tangible fixed assets22/27 | €0.2m | €0.1m | €0.1m | €0.06m | €6.0m | ▲ 98× |
| Land and buildings22 | €0.002m | €0.001m | €0.001m | €0.001m | €5.1m | ▲ 4,009× |
| Plant, machinery and equipment23 | - | - | - | - | €0.8m | - |
| Furniture and vehicles24 | €0.2m | €0.1m | €0.09m | €0.06m | €0.02m | ▼ 59.8% |
| Other tangible fixed assets26 | €0.004m | €0.003m | €0.003m | €0.002m | €0.1m | ▲ 49× |
| Current assets29/58 | €0.4m | €0.6m | €0.4m | €0.5m | €0.5m | ▲ 6.4% |
| Stocks and contracts in progress3 | €0.2m | €0.1m | €0.05m | €0.03m | €0.06m | ▲ 85.6% |
| Stocks30/36 | €0.2m | €0.1m | €0.05m | €0.03m | €0.06m | ▲ 85.6% |
| Amounts receivable within one year40/41 | €0.1m | €0.09m | €0.03m | €0.04m | €0.1m | ▲ 234% |
| Trade receivables40 | €0.1m | €0.09m | €0.03m | €0.04m | €0.1m | ▲ 275% |
| Other amounts receivable41 | €0.02m | €37 | €6 | €0.005m | €0 | ▼ 100% |
| Current investments50/53 | - | - | - | €0.3m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.06m | €0.4m | €0.3m | €0.1m | €0.3m | ▲ 104% |
| Deferred charges and accrued income490/1 | €0.003m | €0.003m | €0.003m | €0.003m | €0.02m | ▲ 431% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.6m | €0.8m | €0.5m | €0.6m | €6.6m | ▲ 11× |
| Equity10/15 | €0.06m | €0.2m | €0.3m | €0.5m | €3.1m | ▲ 563% |
| Contributions10/11 | €0.005m | €0.005m | €0.005m | €0.005m | €2.8m | ▲ 551× |
| Reserves13 | €0.05m | €0.2m | €0.3m | €0.3m | €0.3m | = |
| Distributable reserves133 | €0.05m | €0.2m | €0.3m | €0.3m | €0.3m | = |
| Profit (loss) carried forward14 | - | - | - | €0.1m | €0.007m | ▼ 94.3% |
| Amounts payable17/49 | €0.6m | €0.7m | €0.2m | €0.1m | €3.5m | ▲ 31× |
| Amounts payable after more than one year17 | - | - | - | - | €3.4m | - |
| Financial debts170/4 | - | - | - | - | €3.4m | - |
| Amounts payable within one year42/48 | €0.6m | €0.7m | €0.2m | €0.1m | €0.2m | ▲ 51.1% |
| Financial debts43 | €219 | €0 | - | €172 | €0 | ▼ 100% |
| Credit institutions430/8 | €219 | €0 | - | €172 | €0 | ▼ 100% |
| Trade debts44 | €0.02m | €0.03m | €0.002m | €0.009m | €0.08m | ▲ 796% |
| Suppliers440/4 | €0.02m | €0.03m | €0.002m | €0.009m | €0.08m | ▲ 796% |
| Taxes, remuneration and social security45 | €0.03m | €0.1m | €0.08m | €0.08m | €0.05m | ▼ 43.4% |
| Taxes450/3 | €0.03m | €0.1m | €0.08m | €0.08m | €0.01m | ▼ 86.0% |
| Remuneration and social security454/9 | - | - | - | - | €0.03m | - |
| Other amounts payable47/48 | €0.5m | €0.5m | €0.1m | €0.02m | €0.04m | ▲ 106% |
| Accrued charges and deferred income492/3 | - | - | - | €0.005m | €0.004m | ▼ 14.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.05m | €0.1m | €0.2m | €0.1m | -€0.1m | - |
| + Depreciation and write-downs630 | €0.03m | €0.05m | €0.05m | €0.05m | €0.1m | ▲ 220% |
| Operating cash flow (approximation) | €0.08m | €0.2m | €0.2m | €0.2m | €0.03m | ▼ 84.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€6.1m | - |
| Change in cash | - | €0.3m | -€0.09m | -€0.2m | €0.1m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,440 companies had the same profile as vvSolutions has now. Two years later, 90.0% were still going and 2.3% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of vvSolutions itself is lower: 0.1% within 12 months. It rests on far more data about vvSolutions than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for vvSolutions. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-07-2026 | 2026-00267062 | |
| 31-12-2024 | micro format | 21-03-2025 | 2025-00052023 | |
| 31-12-2023 | micro format | 23-05-2024 | 2024-00095855 | |
| 31-12-2022 | micro format | 20-07-2023 | 2023-00258223 | |
| 31-12-2021 | micro format | 14-04-2022 | 2022-20004484 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 27-03-2025 Capital increase of €2,750,000 · no new shares · in cash
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| De Pauw Ellen |
|
| Van Vaerenbergh Jonas |
|
Network & group
vvSolutions shares no director with another company.
Companies at the same address
1 other companyConnections & network
2 current directorsThe network starts from the directors of vvSolutions. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
27-03
Gazette deed
Capital increase of €2,750,000Purpose change · Amendment of the articles7 points ▸
- General meeting, 25-03-2025
- Other provision, “verzaken aan verslaggeving van het bestuursorgaan, artikel 5:121 Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
- Other provision, “verzaking door bestaande eigenaars van aandelen aan wettelijk recht van voorkeur tot inschrijving op navolgende vermogensverhoging door inbreng in geld” (deed in Dutch)
- Capital increase, €2,750,000
- Other provision, “vaststelling van de verwezenlijking van de vermogensverhoging” (deed in Dutch)
- Purpose change
- Amendment of the articles
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Dual-learning approval
3 live approvalsSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46446F0309/00A000 | Flanders | 1.3 ha | 1 · 4,001 m² | 11.1 m · 2 |
| 46017B0046/00F000 | Flanders | 618 m² | 1 · 128 m² | 10.1 m · 2 |