V.P.E.
ActiveV.P.E. has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €36k and a net result of €-6k. Equity is shrinking by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 46% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability9▼-32
Solvency68▼-15
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 2.41 in 2023; short-term debt: 57% of total assets), but 57% of the assets are financed with debt.
Credit advice for your own amount and term
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
43%
Return on assets
-7.6%
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
29 d late
2023
44 d late
2022
70 d late
2021
58 d late
2020
152 d late
2019
102 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€36k▼ 15.0%
2023 · €42k
2018: €67k
2019: €63k
2020: €57k
2021: €46k
2022: €41k
2023: €42k
2018 → 2024
Total assets
€83k▲ 15.5%
2023 · €72k
2018: €133k
2019: €94k
2020: €89k
2021: €93k
2022: €82k
2023: €72k
2018 → 2024
Net result
€-6k
2023 · €883
2018: €-24k
2019: €-4k
2020: €-7k
2021: €-10k
2022: €-5k
2023: €883
2018 → 2024
Working capital
€33k▼ 22.3%
2023 · €42k
2018: €55k
2019: €59k
2020: €54k
2021: €46k
2022: €41k
2023: €42k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€57k-€46k▼ 18.2%€41k▼ 11.1%€42k▲ 2.1%€36k▼ 15.0%
Operating result€-3k-€-5k▼ 96.2%€-3k▲ 40.0%€4k€-1k
Net result€-7k-€-10k▼ 53.2%€-5k▲ 50.2%€883€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €1k after €4k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €83k
Fixed assets
€3k
Current assets
€80k
Equity and liabilities €83k
Equity
€36k▼ 15.0%
Debt
€47k▲ 58.6%
The debt ratio rises from 41.5% to 57.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-629
Cash flow
€-6k
Solvency
43.0%▼
2023 · 58.5%
Current ratio
1.69▼
2023 · 2.41
Quick ratio
0.78▼
2023 · 2.29
Debt / equity
1.33▲
2023 · 0.71
ROE
-17.7%▼
2023 · 2.1%
ROA
-7.6%▼
2023 · 1.2%
Interest coverage
-0.12
Debt
€47k▲
2023 · €30k
Debt ≤ 1 year
€47k▲
2023 · €30k
Income taxes
€205▼
2023 · €579
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€72k€83k▲
Fixed assets21/28-€3k
Tangible fixed assets22/27-€3k
Plant, machinery and equipment23-€686
Furniture and vehicles24-€2k
Current assets29/58€72k€80k▲
Stocks and contracts in progress3€3k€43k▲
Stocks30/36€3k€43k▲
Amounts receivable within one year40/41€68k€36k▼
Trade receivables40€37k€35k▼
Other amounts receivable41€31k€1k▼
Deferred charges and accrued income490/1€542€569▲
Equity and liabilities
Total equity and liabilities10/49€72k€83k▲
Equity10/15€42k€36k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€22k€15k▼
Amounts payable17/49€30k€47k▲
Amounts payable within one year42/48€30k€47k▲
Financial debts43€27k€33k▲
Credit institutions430/8€27k€33k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€951€784▼
Taxes450/3€951€784▼
Other amounts payable47/48-€13k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€722
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€15k€0▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€22k€1k▼
Operating profit (loss)9901€4k€-1k▼
Financial income75/76B€2k€313▼
Recurring financial income75€2k€313▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€1k€-6k▼
Income taxes67/77€579€205▼
Profit (loss) for the period9904€883€-6k▼
Profit (loss) for the period to be appropriated9905€883€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€15k▼
Profit (loss) brought forward from the previous period14P€21k€22k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
2023
31-12
Financial
Back to profitnet €883
Net result €883 after 5 loss-making years.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
28-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 89 days late
2018
05-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 127 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 122 days late
2016
09-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 131 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Opwijk · 1 establishment unit since 2006
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.
Millenniumstraat 191745 OpwijkGround area
556 m²
Building footprint
140 m²
Volume, LiDAR
847 m³
Parcel 23060B0651/00S003, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
V.P.E.
since 20062.153.785.723
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23060B0651/00S003 | Flanders | 556 m² | 1 · 140 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.
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SMETS-VERVAECKE
BE 0719.409.804
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SOFITREND
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Staes Renovatie
BE 1015.684.030
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,205 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-2006
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.