Villa GA
ActiveThe computed 12-month bankruptcy probability of Villa GA is 5.9% (elevated). The annual accounts of Villa GA for fiscal year 2024 show a net loss of 60% of the equity at the start of that year. The 2024 annual accounts show equity of €7k and a net result of €-10k. Equity is shrinking by ~11% per year across the filed fiscal years. Its solvency ranks better than 30% of 36376 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
30
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-40
Solvency53▼-38
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.1 against 1.97 in 2023; short-term debt: 71.8% and cash: 28.2% of total assets), and 71.8% 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.
+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 →
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
28.2%
Return on assets
-42.7%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2021222324
2020 to 2024 · latest year €-10k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
153 d late
2022
61 d late
2021
61 d late
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€7k▼ 60.2%
2023 · €17k
2020: €16k
2021: €12k
2022: €18k
2023: €17k
2020 → 2024
Total assets
€24k▼ 6.4%
2023 · €26k
2020: €29k
2021: €36k
2022: €33k
2023: €26k
2020 → 2024
Net result
€-10k▼ 1,101%
2023 · €-864
2020: €14k
2021: €-4k
2022: €6k
2023: €-864
2020 → 2024
Working capital
€2k▼ 80.4%
2023 · €8k
2020: €4k
2021: €-2k
2022: €8k
2023: €8k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€16k-€12k▼ 24.5%€18k▲ 51.5%€17k▼ 4.8%€7k▼ 60.2%
Operating result€20k-€-3k€9k€2k▼ 78.1%€-8k
Net result€14k-€-4k€6k€-864€-10k▼ 1,101%
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 €8k after €2k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €24k
Fixed assets
€5k▼ 40.5%
Current assets
€19k▲ 11.0%
Equity and liabilities €24k
Equity
€7k▼ 60.2%
Debt
€17k▲ 100.0%
The debt ratio rises from 33.6% to 71.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▼
2023 · €6k
Cash flow
€-7k▼
2023 · €3k
Solvency
28.2%▼
2023 · 66.4%
Current ratio
1.10▼
2023 · 1.97
Quick ratio
1.10▼
2023 · 1.97
Debt / equity
2.54▲
2023 · 0.51
ROE
-151.1%▼
2023 · -5.0%
ROA
-42.7%▼
2023 · -3.3%
Interest coverage
-1.84▼
2023 · 3.02
Debt
€17k▲
2023 · €9k
Debt ≤ 1 year
€17k▲
2023 · €9k
Income taxes
€189▼
2023 · €1k
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€26k€24k▼
Fixed assets21/28€9k€5k▼
Tangible fixed assets22/27€9k€5k▼
Furniture and vehicles24€9k€5k▼
Financial fixed assets28€110€110=
Current assets29/58€17k€19k▲
Amounts receivable within one year40/41€11k€10k▼
Trade receivables40€8k€6k▼
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€6k€7k▲
Deferred charges and accrued income490/1€646€2k▲
Equity and liabilities
Total equity and liabilities10/49€26k€24k▼
Equity10/15€17k€7k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€16k€5k▼
Amounts payable17/49€9k€17k▲
Amounts payable within one year42/48€9k€17k▲
Current portion of amounts payable after more than one year42€2k-
Trade debts44€3k€16k▲
Suppliers440/4€3k€16k▲
Taxes, remuneration and social security45€4k€1k▼
Taxes450/3€4k€1k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€684€487▼
Gross operating margin9900€7k€-4k▼
Operating profit (loss)9901€2k€-8k▼
Financial income75/76B€62€172▲
Recurring financial income75€62€172▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€194€-10k▼
Income taxes67/77€1k€189▼
Profit (loss) for the period9904€-864€-10k▼
Profit (loss) for the period to be appropriated9905€-864€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€5k▼
Profit (loss) brought forward from the previous period14P€17k€16k▼
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
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 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, Ganshoren · 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.
Joseph Hendrickxgaarde 51083 GanshorenGround area
348 m²
Building footprint
172 m²
Volume, LiDAR
1,713 m³
Parcel 21392A0068/00C007, Brussels · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Villa GA
since 20192.329.898.527
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21392A0068/00C007 | Brussels | 348 m² | 1 · 172 m² | 14.3 m · 4 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.
Similar companies · same sector, comparable size
SKYIMMO-CONSTRUCT
BE 1028.428.246
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BOLO PROJECTS
BE 1003.806.973
Aalst · Eq €7k
FREP IMMO
BE 0450.944.288
Mons · Eq €7k
ATIPIC
BE 0655.939.041
Asse · Eq €7k
M&S CONSTRUCTS
BE 0840.661.386
Koekelberg · Eq €7k
Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 3,343 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-09-2019
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43320Joinery installation
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.