V.G.C. Rénovation
ActiveThe computed 12-month bankruptcy probability of V.G.C. Rénovation is 1.9% (moderate). The 2025 annual accounts show equity of €126k and a net result of €36k. Equity is growing by ~25.4% per year across the filed fiscal years. Its solvency ranks better than 50% of 27787 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-15
Solvency72▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.78 in 2024; short-term debt: 49.6% and cash: 4.2% of total assets), but 53.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
46.7%
Return on assets
13.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 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 · 7 filingsDeviation from the deadline
2025
48 d late
2024
61 d late
2023
65 d late
2022
100 d late
2021
30 d late
2020
26 d late
2019
45 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€126k▲ 19.7%
2024 · €105k
2019: €25k
2020: €42k
2021: €72k
2022: €67k
2023: €54k
2024: €105k
2019 → 2025
Total assets
€270k▲ 15.6%
2024 · €233k
2019: €70k
2020: €101k
2021: €97k
2022: €185k
2023: €189k
2024: €233k
2019 → 2025
Net result
€36k▼ 49.8%
2024 · €71k
2019: €46k
2020: €29k
2021: €24k
2022: €28k
2023: €30k
2024: €71k
2019 → 2025
Working capital
€74k▼ 15.0%
2024 · €87k
2019: €24k
2020: €37k
2021: €68k
2022: €47k
2023: €30k
2024: €87k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€67k▼ 7.5%€54k▼ 19.1%€105k▲ 94.4%€126k▲ 19.7%
Operating result€30k-€35k▲ 15.1%€34k▼ 0.6%€89k▲ 159%€38k▼ 58.1%
Net result€24k-€28k▲ 15.3%€30k▲ 7.7%€71k▲ 135%€36k▼ 49.8%
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 2025; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €270k
Fixed assets
€62k▲ 81.7%
Current assets
€208k▲ 4.3%
Equity and liabilities €270k
Equity
€126k▲ 19.7%
Debt
€144k▲ 12.3%
The debt ratio falls from 54.9% to 53.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€59k▼
2024 · €106k
Cash flow
€57k▼
2024 · €88k
Solvency
46.7%▲
2024 · 45.1%
Current ratio
1.55▼
2024 · 1.78
Quick ratio
1.55▼
2024 · 1.78
Debt / equity
1.14▼
2024 · 1.22
ROE
28.4%▼
2024 · 67.6%
ROA
13.2%▼
2024 · 30.5%
Interest coverage
24.45▼
2024 · 51.23
Debt
€144k▲
2024 · €128k
Debt ≤ 1 year
€134k▲
2024 · €112k
Debt > 1 year
€10k▼
2024 · €16k
Income taxes
€6k▼
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€233k€270k▲
Fixed assets21/28€34k€62k▲
Tangible fixed assets22/27€34k€62k▲
Furniture and vehicles24€34k€62k▲
Current assets29/58€199k€208k▲
Amounts receivable after more than one year29€95k€95k=
Other amounts receivable291€95k€95k=
Amounts receivable within one year40/41€93k€102k▲
Trade receivables40€13k€3k▼
Other amounts receivable41€80k€99k▲
Cash at bank and in hand54/58€11k€11k▼
Equity and liabilities
Total equity and liabilities10/49€233k€270k▲
Equity10/15€105k€126k▲
Contributions10/11€19k€19k=
Reserves13€85k€105k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€83k€103k▲
Profit (loss) carried forward14€2k€3k▲
Amounts payable17/49€128k€144k▲
Amounts payable after more than one year17€16k€10k▼
Financial debts170/4€16k€10k▼
Amounts payable within one year42/48€112k€134k▲
Current portion of amounts payable after more than one year42€11k€6k▼
Trade debts44€23k€54k▲
Suppliers440/4€23k€54k▲
Taxes, remuneration and social security45€30k€34k▲
Taxes450/3€30k€34k▲
Other amounts payable47/48€48k€40k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€21k▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A-€439
Gross operating margin9900€108k€62k▼
Operating profit (loss)9901€89k€38k▼
Financial income75/76B€5k€7k▲
Recurring financial income75€5k€7k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€93k€42k▼
Income taxes67/77€22k€6k▼
Profit (loss) for the period9904€71k€36k▼
Profit (loss) for the period to be appropriated9905€71k€36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€72k€38k▼
Profit (loss) brought forward from the previous period14P€687€2k▲
Transfer from equity791/2€0-
Transfer to equity691/2€50k€20k▼
To other reserves6921€50k€20k▼
Profit to be distributed694/7€20k€15k▼
Return on contributions (dividend)694€0-
Directors or managers695€20k€15k▼
The notes to these accounts (9 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
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 48 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2019net €71k ▲135%
Operating result €89k, net result €71k, both a record.
31-12
Financial
Equity above €100kEq €105k ▲94.4%
6 profitable years in a row build equity to €105k.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 100 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €24k ▼14.8%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 3.69
Current ratio from 1.61 to 3.69; short-term debt falls from €60k to €25k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Floreffe · 1 establishment unit since 2019
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.
Rue de la Glacerie, Franière 45150 FloreffeGround area
1,012 m²
Building footprint
39 m²
Volume, LiDAR
373 m³
Parcel 92050A0237/00V003, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
V.G.C. Rénovation
since 20192.287.367.193
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92050A0237/00V003 | Wallonia | 1,012 m² | 1 · 39 m² | 10.9 m · 3 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.
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Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,658 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2019
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
43320Joinery installation
43350Other building finishing work
43910Bricklaying and masonry work
43990Other specialised construction activities
43992Specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000