Skip to content

VWP Group

Active
Private limited companyfounded 20233 yrs activeKanaalstraat 62, 9940 Evergem, BelgiumKBO/BCE: BE 0803.425.165
Summary

VWP Group has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-4k) and a net result of €-7k. Equity is shrinking by ~121% per year across the filed fiscal years. Its solvency ranks better than 15% of 2304 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
21 / 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-53
Growth32=
Track record94
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.54 in 2024; short-term debt: 141.5% and cash: 1.5% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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 2025
Solvency, return and age of the figures
Solvency
-41.5%
Return on assets
-80.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year €-4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-09-2026, 33 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 · 3 filings
Deviation from the deadline
2025
33 d late
2024
1 d early
2023
68 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€-4k
2024 · €3k
2023: €5k 2024: €3k
2023 → 2025
Total assets
€9k▼ 27.2%
2024 · €12k
2023: €9k 2024: €12k
2023 → 2025
Net result
€-7k▼ 300%
2024 · €-2k
2023: €-934 2024: €-2k
2023 → 2025
Working capital
€-11k▼ 171%
2024 · €-4k
2023: €1k 2024: €-4k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€5k-€3k▼ 34.1%€-4k
Operating result€-919-€-2k▼ 82.9%€-7k▼ 309%
Net result€-934-€-2k▼ 84.9%€-7k▼ 300%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-8k€-6k€-4k€-2k€0Operating result 2023: €-919€-919Net result 2023: €-934€-934Operating result 2024: €-2k€-2kNet result 2024: €-2k€-2kOperating result 2025: €-7k€-7kNet result 2025: €-7k€-7k202320242025€-8k€-6k€-4k€-2k€0Operating result 2023: €-919€-919Net result 2023: €-934€-934Operating result 2024: €-2k€-1.7kNet result 2024: €-2k€-1.7kOperating result 2025: €-7k€-6.9kNet result 2025: €-7k€-6.9k202320242025
The operating result stays negative: a loss of €7k in 2025 against €2k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7k
Fixed assets €5k ▲ 7.7%
Current assets €2k ▼ 65.0%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-5k
2024 · €-332
Cash flow
€-5k
2024 · €-378
Solvency
-41.5%
2024 · 28.2%
Current ratio
0.13
2024 · 0.54
Debt to equity
-3.41
2024 · 2.54
ROA
-80.2%
2024 · -14.6%
Interest coverage
-96.78
2024 · -7.13
Debt
€12k
2024 · €8k
Debt ≤ 1 year
€12k
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€12k€9k
Formation expenses20€2k€2k
Fixed assets21/28€5k€5k
Tangible fixed assets22/27€5k€5k
Plant, machinery and equipment23€4k€3k
Furniture and vehicles24€857€2k
Current assets29/58€5k€2k
Amounts receivable within one year40/41€2k€677
Trade receivables40€673€677
Other amounts receivable41€868-
Cash at bank and in hand54/58€2k€125
Deferred charges and accrued income490/1€610€801
Equity and liabilities
Total equity and liabilities10/49€12k€9k
Equity10/15€3k€-4k
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-3k€-10k
Amounts payable17/49€8k€12k
Amounts payable within one year42/48€8k€12k
Trade debts44€3k€3k
Suppliers440/4€3k€3k
Taxes, remuneration and social security45-€231
Taxes450/3-€231
Other amounts payable47/48€6k€8k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k
Other operating charges640/8€100€425
Gross operating margin9900€-232€-4k
Operating profit (loss)9901€-2k€-7k
Financial income75/76B€0€6
Recurring financial income75€0€6
Financial charges65/66B€46€48
Recurring financial charges65€46€48
Profit (loss) for the period before taxes9903€-2k€-7k
Profit (loss) for the period9904€-2k€-7k
Profit (loss) for the period to be appropriated9905€-2k€-7k
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-10k
Profit (loss) brought forward from the previous period14P€-934€-3k

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 33 days late
2025
31-12
Financial Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
07-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Evergem · 1 establishment unit since 2023
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kanaalstraat 629940 Evergem
Ground area
330 m²
Building footprint
115 m²
Volume, LiDAR
728 m³
Parcel 43006C0113/00W000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VWP Group
Kanaalstraat 62, 9940 EvergemManufacture of furniture
since 20232.347.354.666
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43006C0113/00W000 Flanders 330 m² 1 · 115 m² 10.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 615 EUR awarded · 237 EUR paid
Year Entries awardedpaid
2025 1 378 EUR0 EUR
2024 1 237 EUR237 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 615 EUR · 237 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 1,518 companies in sector 93130 we hold annual accounts for 687. 258 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
93130Fitness centres
70200Business and other management consultancy
71209Other technical testing and analysis
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:wouter_vijverman@outlook.com
Establishment Evergem 2.347.354.666
Phone:0494857595
Establishment Evergem 2.347.354.666