VFC MAINTENANCE
ActiveVFC MAINTENANCE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197k and a net result of €46k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 31% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+1
Solvency54▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.31 in 2024; short-term debt: 47.9% and cash: 13.7% of total assets), and 71% 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 · 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
29%
Return on assets
6.7%
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 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
29 d late
2024
55 d late
2023
on the day
2022
45 d late
2021
25 d early
2020
53 d late
2019
53 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€46k▲ 74.7%
2024 · €26k
2018: €2k
2019: €9k
2020: €-4k
2021: €33k
2022: €21k
2023: €3k
2024: €26k
2018 → 2025
Working capital
€120k▲ 31.7%
2024 · €91k
2018: €9k
2019: €15k
2020: €26k
2021: €52k
2022: €72k
2023: €75k
2024: €91k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€102k-€123k▲ 20.8%€126k▲ 2.2%€152k▲ 20.7%€197k▲ 30.0%
Operating result€52k-€42k▼ 17.9%€30k▼ 29.1%€51k▲ 70.4%€92k▲ 78.9%
Net result€33k-€21k▼ 35.4%€3k▼ 87.3%€26k▲ 867%€46k▲ 74.7%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 79% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €682k
Fixed assets
€235k▲ 162%
Current assets
€447k▲ 15.9%
Equity and liabilities €682k
Equity
€197k▲ 30.0%
Debt
€484k▲ 49.8%
The debt ratio rises from 68.0% to 71.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€143k▲
2024 · €97k
Cash flow
€97k▲
2024 · €72k
Solvency
29.0%▼
2024 · 32.0%
Current ratio
1.37▲
2024 · 1.31
Quick ratio
1.05▲
2024 · 0.70
Debt / equity
2.45▲
2024 · 2.13
ROE
23.1%▲
2024 · 17.2%
ROA
6.7%▲
2024 · 5.5%
Interest coverage
11.82▲
2024 · 11.52
Debt
€484k▲
2024 · €323k
Debt ≤ 1 year
€326k▲
2024 · €294k
Debt > 1 year
€152k▲
2024 · €29k
Income taxes
€36k▲
2024 · €18k
Staff costs
€577k▲
2024 · €567k
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€475k€682k▲
Formation expenses20-€0
Fixed assets21/28€90k€235k▲
Intangible fixed assets21-€0
Tangible fixed assets22/27€84k€231k▲
Land and buildings22€17k€159k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€51k€69k▲
Assets under construction and advance payments27€13k-
Financial fixed assets28€6k€4k▼
Current assets29/58€385k€447k▲
Stocks and contracts in progress3€178k€104k▼
Stocks30/36€133k€104k▼
Contracts in progress37€45k-
Amounts receivable within one year40/41€172k€244k▲
Trade receivables40€114k€189k▲
Other amounts receivable41€57k€55k▼
Cash at bank and in hand54/58€33k€94k▲
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€475k€682k▲
Equity10/15€152k€197k▲
Contributions10/11€19k€19k=
Reserves13€2k€47k▲
Distributable reserves133€2k€47k▲
Profit (loss) carried forward14€131k€131k=
Amounts payable17/49€323k€484k▲
Amounts payable after more than one year17€29k€152k▲
Financial debts170/4€29k€152k▲
Amounts payable within one year42/48€294k€326k▲
Current portion of amounts payable after more than one year42€53k€47k▼
Financial debts43€25k€25k=
Credit institutions430/8€25k€25k=
Trade debts44€118k€150k▲
Suppliers440/4€118k€150k▲
Taxes, remuneration and social security45€95k€104k▲
Taxes450/3€20k€24k▲
Remuneration and social security454/9€75k€80k▲
Other amounts payable47/48€3k-
Accrued charges and deferred income492/3-€6k
Income statement
Code20242025
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€567k€577k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€52k▲
Other operating charges640/8€8k€13k▲
Gross operating margin9900€672k€734k▲
Operating profit (loss)9901€51k€92k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€8k€12k▲
Recurring financial charges65€8k€12k▲
Profit (loss) for the period before taxes9903€44k€82k▲
Income taxes67/77€18k€36k▲
Profit (loss) for the period9904€26k€46k▲
Profit (loss) for the period to be appropriated9905€26k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€131k€177k▲
Profit (loss) brought forward from the previous period14P€105k€131k▲
Transfer to equity691/2-€46k
To other reserves6921-€46k
Social balance
Average headcount (FTE)908711.712.9▲
The notes to these accounts (22 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
31-12
Financial
Highest result since 2018net €46k ▲74.7%
Operating result €92k, net result €46k, both a record.
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 55 days late
2024
31-12
Financial
Equity above €150kEq €152k ▲20.7%
4 profitable years in a row build equity to €152k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 45 days late
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
31-12
Financial
Equity above €100kEq €102k ▲47.6%
Equity rises from €69k to €102k.
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
2020
31-12
Financial
Weakest financial yearnet €-4k ▼142%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
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, Estinnes · 1 establishment unit since 2011
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 Mons(EVL) 108 B7120 EstinnesGround area
775 m²
Building footprint
68 m²
Volume, LiDAR
568 m³
Parcel 55011D0051/00W011, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Mons(EVL) 108, 7120 Estinnes
since 20112.203.501.092
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55011D0051/00W011 | Wallonia | 775 m² | 1 · 68 m² | 9.7 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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CHAUFF' ET VOUS
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HENRI DUPONT CONSULTING
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TCS ENERGIE
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TECHNICIANS
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,824 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-09-2011
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.