VKBEL
ActiveSummary
VKBEL has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €82k and a net result of €18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 1095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability45▼-31
Solvency38▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.19 in 2023; short-term debt: 78.6% and cash: 18.9% of total assets), and 87.3% of the assets are financed with debt.
Credit check 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 · 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
12.7%
Return on assets
2.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 1095 sector peers (2024).
NBB · sector comparisonPosition among 1095 sector peers
Solvency
better than 21%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €82k
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
22 d early
2022
3 d early
2021
3 d early
2020
24 d early
2019
83 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18k▼ 45.6%
2023 · €34k
2018: €-73k
2019: €-28
2020: €3k
2021: €5k
2022: €2k
2023: €34k
2018 → 2024
Working capital
€134k▲ 50.1%
2023 · €89k
2018: €-86k
2019: €23k
2020: €41k
2021: €112k
2022: €83k
2023: €89k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€23k-€27k▲ 19.8%€30k▲ 8.8%€63k▲ 113%€82k▲ 28.9%
Operating result€5k-€9k▲ 78.0%€7k▼ 20.0%€38k▲ 437%€32k▼ 17.5%
Net result€3k-€5k▲ 60.1%€2k▼ 46.6%€34k▲ 1,300%€18k▼ 45.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 17% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €644k
Fixed assets
€4k =
Current assets
€640k ▲ 12.8%
Equity and liabilities €644k
Equity
€82k ▲ 28.9%
Debt
€563k ▲ 10.7%
Debt's share of the balance-sheet total falls from 88.9% to 87.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.26▲
2023 · 1.19
Debt to equity
6.89▼
2023 · 8.02
ROE
22.4%▼
2023 · 53.1%
ROA
2.8%▼
2023 · 5.9%
Debt ≤ 1 year
€506k▲
2023 · €478k
Income taxes
€8k▲
2023 · €835
Staff costs
€460k▼
2023 · €496k
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 · 2024 against 2023 · 34 lines
Balance sheet
Code20232024
Assets
Total assets20/58€572k€644k▲
Fixed assets21/28€4k€4k=
Financial fixed assets28€4k€4k=
Current assets29/58€567k€640k▲
Amounts receivable within one year40/41€449k€325k▼
Trade receivables40€449k€325k▼
Cash at bank and in hand54/58€97k€122k▲
Deferred charges and accrued income490/1€22k€194k▲
Equity and liabilities
Total equity and liabilities10/49€572k€644k▲
Equity10/15€63k€82k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€43k€62k▲
Amounts payable17/49€508k€563k▲
Amounts payable within one year42/48€478k€506k▲
Trade debts44€336k€404k▲
Suppliers440/4€336k€404k▲
Taxes, remuneration and social security45€143k€102k▼
Taxes450/3€39k€44k▲
Remuneration and social security454/9€103k€58k▼
Accrued charges and deferred income492/3€30k€56k▲
Income statement
Code20232024
Remuneration, social security and pensions62€496k€460k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€682-
Other operating charges640/8€408€387▼
Gross operating margin9900€535k€492k▼
Operating profit (loss)9901€38k€32k▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€35k€27k▼
Income taxes67/77€835€8k▲
Profit (loss) for the period9904€34k€18k▼
Profit (loss) for the period to be appropriated9905€34k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€62k▲
Profit (loss) brought forward from the previous period14P€10k€43k▲
Social balance
Average headcount (FTE)90875.86.2▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €34k ▲1300%
Operating result €38k, net result €34k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 83 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brussel · 1 establishment unit since 2017
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.
Havenlaan 86C1000 BrusselGround area
1.1 ha
Building footprint
1.1 ha
Volume, LiDAR
229,533 m³
Parcel 21814P0141/00A002, Brussels · tallest building 34.6 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
VKBEL
since 20172.265.342.552
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0141/00A002 | Brussels | 1.1 ha | 1 · 1.1 ha | 34.6 m · 7 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
Way2Go
BE 1004.872.686
Herent · Eq €81,726
GHELAMCO PROJECTS
BE 0742.656.051
Ieper · Eq €81,739
Brongle.com
BE 0773.955.377
Hasselt · Eq €81,604
4N
BE 0714.895.938
Lanaken · Eq €81,755
ELITE CONSULTING
BE 0467.149.030
Sint-Genesius-Rode · Eq €81,534
Of 13,421 companies in sector 73300 we hold annual accounts for 6,901. 5,617 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 formPrivate limited company
Founded14-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.