V.C.E.
ActiveSummary
V.C.E. has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €936k and a net result of €216k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 78% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 4.93 against 5.78 in 2024; short-term debt: 18.6% and cash: 4.8% of total assets), and 20.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.7%
Return on assets
18.4%
Age of the figures
9 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
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
43 d early
2023
23 d early
2022
7 d early
2021
5 d early
2020
30 d early
2019
35 d early
← 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€936k▲ 11.8%
2024 · €837k
2018: €429k
2019: €547k
2020: €606k
2021: €685k
2022: €644k
2023: €747k
2024: €837k
2018 → 2025
Total assets
€1.17M▲ 17.6%
2024 · €999k
2018: €641k
2019: €731k
2020: €832k
2021: €911k
2022: €811k
2023: €912k
2024: €999k
2018 → 2025
Net result
€216k▲ 3.2%
2024 · €209k
2018: €119k
2019: €117k
2020: €115k
2021: €79k
2022: €137k
2023: €165k
2024: €209k
2018 → 2025
Working capital
€859k▲ 11.1%
2024 · €773k
2018: €337k
2019: €454k
2020: €484k
2021: €582k
2022: €490k
2023: €583k
2024: €773k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€685k-€644k▼ 6.0%€747k▲ 15.9%€837k▲ 12.1%€936k▲ 11.8%
Operating result€110k-€208k▲ 89.5%€232k▲ 11.5%€292k▲ 25.8%€292k▼ 0.1%
Net result€79k-€137k▲ 72.1%€165k▲ 20.9%€209k▲ 26.7%€216k▲ 3.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.17M
Fixed assets
€97k ▲ 51.6%
Current assets
€1.08M ▲ 15.3%
Equity and liabilities €1.17M
Equity
€936k ▲ 11.8%
Debt
€239k ▲ 47.8%
Debt's share of the balance-sheet total rises from 16.2% to 20.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€314k▼
2024 · €317k
Cash flow
€238k▲
2024 · €234k
Current ratio
4.93▼
2024 · 5.78
Debt to equity
0.26▲
2024 · 0.19
ROE
23.1%▼
2024 · 25.0%
ROA
18.4%▼
2024 · 21.0%
Interest coverage
80.83▲
2024 · 32.19
Debt ≤ 1 year
€219k▲
2024 · €162k
Debt > 1 year
€20k▲
2024 · €0
Income taxes
€95k▲
2024 · €91k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€999k€1.17M▲
Fixed assets21/28€64k€97k▲
Tangible fixed assets22/27€64k€97k▲
Land and buildings22€0-
Plant, machinery and equipment23€4k€6k▲
Furniture and vehicles24€61k€91k▲
Current assets29/58€935k€1.08M▲
Amounts receivable within one year40/41€150k€183k▲
Trade receivables40€150k€183k▲
Current investments50/53€706k€835k▲
Cash at bank and in hand54/58€75k€57k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€999k€1.17M▲
Equity10/15€837k€936k▲
Contributions10/11€12k€12k=
Reserves13€825k€923k▲
Distributable reserves133€825k€923k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€162k€239k▲
Amounts payable after more than one year17€0€20k▲
Financial debts170/4€0€20k▲
Amounts payable within one year42/48€162k€219k▲
Current portion of amounts payable after more than one year42€0€13k▲
Trade debts44€383€533▲
Suppliers440/4€383€533▲
Taxes, remuneration and social security45€64k€84k▲
Taxes450/3€64k€84k▲
Other amounts payable47/48€98k€121k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€22k▼
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A-€13k
Gross operating margin9900€320k€328k▲
Operating profit (loss)9901€292k€292k▼
Financial income75/76B€18k€23k▲
Recurring financial income75€18k€23k▲
Financial charges65/66B€10k€4k▼
Recurring financial charges65€10k€4k▼
Profit (loss) for the period before taxes9903€301k€311k▲
Income taxes67/77€91k€95k▲
Profit (loss) for the period9904€209k€216k▲
Profit (loss) for the period to be appropriated9905€209k€216k▲
Appropriation of the result
Profit (loss) to be appropriated9906€209k€216k▲
Transfer from equity791/2€119k€117k▼
Transfer to equity691/2€209k€216k▲
To other reserves6921€209k€216k▲
Profit to be distributed694/7€119k€117k▼
Return on contributions (dividend)694€119k€117k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-08
State Gazette act
Board meeting · General meeting
Director appointment · Director reappointment
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €216k ▲3.2%
Net result €216k, the highest in the series.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €79k ▼30.8%
Net result drops to €79k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500kEq €547k ▲27.3%
2 profitable years in a row build equity to €547k.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Sint-Truiden · 1 establishment unit since 2006
Ground area
3,731 m²
Building footprint
189 m²
Volume, LiDAR
1,050 m³
Parcel 71015A0761/00C000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
V.C.E.
since 20062.158.302.260
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71015A0761/00C000 | Flanders | 3,730 m² | 1 · 189 m² | 8.6 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.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
2 locations
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,199 EUR awarded · 1,199 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,199 EUR | 1,199 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
8945001SZ9DRCVPYMK68
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 3,526 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
Founded27-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.