VWINDOWS
ActiveSummary
VWINDOWS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €32k and a net result of €242. Equity is shrinking by ~9% per year across the filed fiscal years. Its solvency ranks better than 43% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability38▼-10
Solvency55▼-1
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.45 in 2023; short-term debt: 69.7% and cash: 73.6% of total assets), and 69.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.3%
Return on assets
0.2%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €32k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
29 d late
2022
66 d late
2021
25 d late
2020
45 d late
2019
88 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€32k▲ 0.8%
2023 · €32k
Total assets
€106k▲ 2.6%
2023 · €103k
Net result
€242▼ 94.5%
2023 · €4k
Working capital
€32k▲ 0.8%
2023 · €32k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€-6k▲ 25.0%€-3k▲ 50.5%€-5k▼ 47.8%€4k€242▼ 94.5%
Net result€-8k▲ 3.6%€-3k▲ 61.9%€-5k▼ 47.8%€4k€242▼ 94.5%
Equity€35k▼ 19.2%€32k▼ 9.0%€27k▼ 14.7%€32k▲ 16.2%€32k▲ 0.8%
Total assets€117k▼ 13.4%€111k▼ 5.1%€102k▼ 8.4%€103k▲ 1.2%€106k▲ 2.6%
Debt€82k▼ 10.6%€79k▼ 3.4%€74k▼ 5.9%€71k▼ 4.3%€74k▲ 3.5%
Working capital€24k▲ 66.9%€32k▲ 33.1%€27k▼ 14.7%€32k▲ 16.2%€32k▲ 0.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 95% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €106k
Equity
€32k ▲ 0.8%
Debt
€74k ▲ 3.5%
Debt's share of the balance-sheet total rises from 69.1% to 69.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.43▼
2023 · 1.45
Debt to equity
2.30▲
2023 · 2.24
ROE
0.8%▼
2023 · 14.0%
ROA
0.2%▼
2023 · 4.3%
Debt ≤ 1 year
€74k▲
2023 · €71k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €11k | - | - | - | - |
| Other operating charges640/8 | - | - | €192 | - | €281 | - |
| Gross operating margin9900 | €-3k | €8k | €-5k | €4k | €523 | ▼ 88.2% |
| Operating profit (loss)9901 | €-6k | €-3k | €-5k | €4k | €242 | ▼ 94.5% |
| Profit (loss) for the period before taxes9903 | €-6k | €-3k | €-5k | €4k | €242 | ▼ 94.5% |
| Income taxes67/77 | €2k | - | - | - | - | - |
| Profit (loss) for the period9904 | €-8k | €-3k | €-5k | €4k | €242 | ▼ 94.5% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €-3k | €-5k | €4k | €242 | ▼ 94.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €117k | €111k | €102k | €103k | €106k | ▲ 2.6% |
| Fixed assets21/28 | €11k | - | - | - | - | - |
| Tangible fixed assets22/27 | €11k | - | - | - | - | - |
| Current assets29/58 | €106k | €111k | €102k | €103k | €106k | ▲ 2.6% |
| Amounts receivable within one year40/41 | €12k | €34k | €25k | €28k | €25k | ▼ 9.5% |
| Trade receivables40 | - | €31k | €17k | €24k | €18k | ▼ 28.2% |
| Other amounts receivable41 | - | €3k | €7k | €4k | €8k | ▲ 114% |
| Cash at bank and in hand54/58 | €94k | €77k | €77k | €75k | €78k | ▲ 3.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €117k | €111k | €102k | €103k | €106k | ▲ 2.6% |
| Equity10/15 | €35k | €32k | €27k | €32k | €32k | ▲ 0.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | €6k | €6k | €6k | = |
| Issued capital100 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €27k | €24k | €19k | €23k | €24k | ▲ 1.0% |
| Amounts payable17/49 | €82k | €79k | €74k | €71k | €74k | ▲ 3.5% |
| Amounts payable within one year42/48 | €82k | €79k | €74k | €71k | €74k | ▲ 3.5% |
| Trade debts44 | €3k | €3k | - | - | - | - |
| Suppliers440/4 | - | €3k | - | - | - | - |
| Other amounts payable47/48 | - | €76k | €74k | €71k | €74k | ▲ 3.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €-3k | €-5k | €4k | €242 | ▼ 94.5% |
| + Depreciation and write-downs630 | €11k | €11k | - | - | - | - |
| Operating cash flow (approximation) | €3k | €8k | €-5k | €4k | €242 | ▼ 94.5% |
| Change in cash | - | €-17k | €433 | €-2k | €3k | ▲ 227% |
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
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after 4 loss-making years.
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Lennik · 1 establishment unit since 2013
Ground area
1,010 m²
Building footprint
409 m²
Volume, LiDAR
2,326 m³
Parcel 23075A0109/00C000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VWINDOWS
since 20132.219.031.287
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23075A0109/00C000 | Flanders | 1,010 m² | 1 · 409 m² | 9.1 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 396 companies in sector 46839 we hold annual accounts for 251. 123 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 (pre-2019)
Founded29-04-2013
Fiscal year end31-12
Activities, NACEBEL 2025
46839Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.