VCS Video & Conferencing Solutions
ActiveSummary
VCS Video & Conferencing Solutions has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.33M and a net result of €399k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-8
Solvency59▼-7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 2.07 in 2024; short-term debt: 31.5% and cash: 24% of total assets), but 65.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
34.5%
Return on assets
10.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
51 d early
2023
34 d early
2022
42 d early
2021
30 d early
2020
54 d late
2019
7 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.33M▼ 18.5%
2024 · €1.63M
2018: €830k
2019: €1.06M
2020: €1.41M
2021: €1.63M
2022: €1.61M
2023: €1.62M
2024: €1.63M
2018 → 2025
Total assets
€3.85M▼ 3.6%
2024 · €3.99M
2018: €2.51M
2019: €2.62M
2020: €4.24M
2021: €4.70M
2022: €4.40M
2023: €4.38M
2024: €3.99M
2018 → 2025
Net result
€399k▼ 42.1%
2024 · €689k
2018: €919k
2019: €931k
2020: €852k
2021: €850k
2022: €778k
2023: €658k
2024: €689k
2018 → 2025
Working capital
€727k▼ 28.2%
2024 · €1.01M
2018: €754k
2019: €1.06M
2020: €880k
2021: €1.11M
2022: €973k
2023: €987k
2024: €1.01M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.63M-€1.61M▼ 1.3%€1.62M▲ 0.5%€1.63M▲ 0.5%€1.33M▼ 18.5%
Operating result€912k-€852k▼ 6.7%€779k▼ 8.6%€819k▲ 5.1%€437k▼ 46.7%
Net result€850k-€778k▼ 8.4%€658k▼ 15.5%€689k▲ 4.7%€399k▼ 42.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 47% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.85M
Fixed assets
€1.91M ▼ 6.0%
Current assets
€1.94M ▼ 1.2%
Equity and liabilities €3.85M
Equity
€1.33M ▼ 18.5%
Debt
€2.52M ▲ 6.6%
Debt's share of the balance-sheet total rises from 59.2% to 65.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€570k▼
2024 · €951k
Cash flow
€532k▼
2024 · €821k
Current ratio
1.60▼
2024 · 2.07
Quick ratio
1.45▼
2024 · 1.79
Debt to equity
1.90▲
2024 · 1.45
ROE
30.0%▼
2024 · 42.3%
ROA
10.4%▼
2024 · 17.2%
Interest coverage
45.92▼
2024 · 64.18
Debt ≤ 1 year
€1.21M▲
2024 · €948k
Debt > 1 year
€1.20M▼
2024 · €1.33M
Income taxes
€36k▼
2024 · €133k
Staff costs
€75k▲
2024 · €71k
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 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.99M€3.85M▼
Fixed assets21/28€2.03M€1.91M▼
Tangible fixed assets22/27€2.03M€1.91M▼
Land and buildings22€1.74M€1.68M▼
Plant, machinery and equipment23€57k€50k▼
Furniture and vehicles24€232k€184k▼
Current assets29/58€1.96M€1.94M▼
Stocks and contracts in progress3€269k€180k▼
Stocks30/36€269k€180k▼
Amounts receivable within one year40/41€239k€680k▲
Trade receivables40€199k€580k▲
Other amounts receivable41€41k€101k▲
Current investments50/53€773k€150k▼
Cash at bank and in hand54/58€672k€922k▲
Deferred charges and accrued income490/1€8k€6k▼
Equity and liabilities
Total equity and liabilities10/49€3.99M€3.85M▼
Equity10/15€1.63M€1.33M▼
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€1.53M€1.23M▼
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€1.52M€1.22M▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€2.37M€2.52M▲
Amounts payable after more than one year17€1.33M€1.20M▼
Financial debts170/4€1.33M€1.20M▼
Amounts payable within one year42/48€948k€1.21M▲
Current portion of amounts payable after more than one year42€128k€129k▲
Trade debts44€132k€354k▲
Suppliers440/4€132k€354k▲
Taxes, remuneration and social security45€7k€86k▲
Taxes450/3€7k€78k▲
Remuneration and social security454/9€65€8k▲
Other amounts payable47/48€680k€641k▼
Accrued charges and deferred income492/3€85k€107k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€71k€75k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€133k€133k▲
Other operating charges640/8€9k€17k▲
Gross operating margin9900€1.03M€661k▼
Operating profit (loss)9901€819k€437k▼
Financial income75/76B€18k€10k▼
Recurring financial income75€18k€10k▼
Financial charges65/66B€15k€12k▼
Recurring financial charges65€15k€12k▼
Profit (loss) for the period before taxes9903€821k€435k▼
Income taxes67/77€133k€36k▼
Profit (loss) for the period9904€689k€399k▼
Profit (loss) for the period to be appropriated9905€689k€399k▼
Appropriation of the result
Profit (loss) to be appropriated9906€689k€399k▼
Transfer from equity791/2-€400k
Transfer to equity691/2€9k€99k▲
To other reserves6921€9k€99k▲
Profit to be distributed694/7€680k€700k▲
Return on contributions (dividend)694€380k€400k▲
Directors or managers695€300k€300k=
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (21 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 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €399k ▼42.1%
Net result drops to €399k, the lowest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 54 days late
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €931k ▲1.3%
Operating result €1.03M, net result €931k, both a record.
31-12
Financial
Equity above €1MEq €1.06M ▲27.8%
2 profitable years in a row build equity to €1.06M.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Leuven · 1 establishment unit since 2015
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.
Ambachtenlaan 143001 LeuvenGround area
9,035 m²
Building footprint
1,994 m²
Volume, LiDAR
14,202 m³
Parcel 24514C0015/00C004, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VCS Video & Conferencing Solutions
since 20152.244.185.367
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514C0015/00C004 | Flanders | 9,035 m² | 1 · 1,994 m² | 11.8 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 7,737 EUR awarded · 14,480 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,277 EUR | 9,020 EUR |
| 2022 | 1 | 5,460 EUR | 5,460 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 977 companies in sector 46431 we hold annual accounts for 705. 438 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 formPublic limited company
Founded23-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
46492Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.