VB-CON
ActiveVB-CON has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €499k and a net result of €176k. Equity is growing by ~125.8% per year across the filed fiscal years. Its solvency ranks better than 86% of 9417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
98
/ 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
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 10.39 against 6.71 in 2024; short-term debt: 8.3% and cash: 48.8% of total assets), and 13.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
86.7%
Return on assets
30.7%
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
24 d early
2023
30 d early
2022
25 d early
2021
25 d early
2020
16 d early
2019
150 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€499k▲ 54.3%
2024 · €323k
2018: €2k
2019: €11k
2020: €10k
2021: €20k
2022: €48k
2023: €161k
2024: €323k
2018 → 2025
Total assets
€576k▲ 38.2%
2024 · €416k
2018: €57k
2019: €52k
2020: €38k
2021: €22k
2022: €63k
2023: €270k
2024: €416k
2018 → 2025
Net result
€176k▲ 8.1%
2024 · €163k
2018: €-42
2019: €9k
2020: €-769
2021: €11k
2022: €29k
2023: €183k
2024: €163k
2018 → 2025
Working capital
€451k▲ 50.2%
2024 · €300k
2018: €-2k
2019: €11k
2020: €10k
2021: €20k
2022: €40k
2023: €155k
2024: €300k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€48k▲ 140%€161k▲ 236%€323k▲ 101%€499k▲ 54.3%
Operating result€12k-€43k▲ 267%€254k▲ 495%€231k▼ 9.2%€253k▲ 9.7%
Net result€11k-€29k▲ 170%€183k▲ 537%€163k▼ 10.9%€176k▲ 8.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €576k
Fixed assets
€76k▲ 20.1%
Current assets
€499k▲ 41.5%
Equity and liabilities €576k
Equity
€499k▲ 54.3%
Debt
€76k▼ 17.8%
The debt ratio falls from 22.3% to 13.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€267k▲
2024 · €240k
Cash flow
€190k▲
2024 · €172k
Solvency
86.7%▲
2024 · 77.7%
Current ratio
10.39▲
2024 · 6.71
Quick ratio
10.39▲
2024 · 6.71
Debt / equity
0.15▼
2024 · 0.29
ROE
35.4%▼
2024 · 50.5%
ROA
30.7%▼
2024 · 39.2%
Interest coverage
131.07▲
2024 · 78.29
Debt
€76k▼
2024 · €93k
Debt ≤ 1 year
€48k▼
2024 · €53k
Debt > 1 year
€28k▼
2024 · €40k
Income taxes
€76k▲
2024 · €71k
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€416k€576k▲
Fixed assets21/28€64k€76k▲
Tangible fixed assets22/27€64k€76k▲
Furniture and vehicles24€64k€76k▲
Current assets29/58€353k€499k▲
Amounts receivable within one year40/41€18k€18k▲
Trade receivables40€18k€18k▲
Other amounts receivable41€129€129=
Current investments50/53€0€200k▲
Cash at bank and in hand54/58€335k€281k▼
Equity and liabilities
Total equity and liabilities10/49€416k€576k▲
Equity10/15€323k€499k▲
Contributions10/11€19k€19k=
Reserves13€304k€480k▲
Distributable reserves133€304k€480k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€93k€76k▼
Amounts payable after more than one year17€40k€28k▼
Financial debts170/4€40k€28k▼
Amounts payable within one year42/48€53k€48k▼
Current portion of amounts payable after more than one year42€12k€12k▲
Financial debts43€17k€0▼
Credit institutions430/8€17k€0▼
Trade debts44€3k€537▼
Suppliers440/4€3k€537▼
Taxes, remuneration and social security45€20k€35k▲
Taxes450/3€18k€32k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€859€952▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€14k▲
Other operating charges640/8€782€444▼
Gross operating margin9900€241k€267k▲
Operating profit (loss)9901€231k€253k▲
Financial income75/76B€6k€664▼
Recurring financial income75€6k€664▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€234k€252k▲
Income taxes67/77€71k€76k▲
Profit (loss) for the period9904€163k€176k▲
Profit (loss) for the period to be appropriated9905€163k€176k▲
Appropriation of the result
Profit (loss) to be appropriated9906€163k€176k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€162k€176k▲
To other reserves6921€162k€176k▲
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼
The notes to these accounts (11 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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 6.71
Current ratio from 2.42 to 6.71; short-term debt falls from €109k to €53k.
31-12
Financial
Equity above €200kEq €323k ▲101%
4 profitable years in a row build equity to €323k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €183k ▲537%
Operating result €254k, net result €183k, both a record.
31-12
Financial
Equity above €150kEq €161k ▲236%
3 profitable years in a row build equity to €161k.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-12
Financial
Liquidity times 10current ratio 13.03
Current ratio from 1.37 to 13.03; short-term debt falls from €28k to €2k.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-769 ▼108%
Net result drops to €-769, the lowest in the series; recovery starts the following year.
03-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 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, Bilzen-Hoeselt · 1 establishment unit since 2014
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.
Waterkasteelstraat 343740 Bilzen-HoeseltGround area
983 m²
Building footprint
174 m²
Volume, LiDAR
178 m³
Parcel 73005C0668/00L000, Flanders · tallest building 16.3 m. Linked by address, not a title deed.
1 establishment unit
Elektro total
since 20142.233.504.479
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73005C0668/00L000 | Flanders | 983 m² | 1 · 174 m² | 16.3 m |
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.
Similar companies · same sector, comparable size
GEO-MX
BE 0840.066.718
Gent · Eq €499k
C.S. Automation
BE 0643.725.850
Herentals · Eq €499k
CENERPRO
BE 0879.826.919
Gent · Eq €498k
S.K. IMMO TECHNIC
BE 0477.313.937
Jalhay · Eq €500k
CEPYA-ELECTRONICS
BE 0554.663.123
Assesse · Eq €500k
Of 11,553 companies in sector 71121 we hold annual accounts for 6,558. 4,417 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-2014
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@vb-con.be