VLEUG

Active

Private limited companyfounded 20251 yr activePalmstraat 27, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 1018.386.667

VLEUG has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €65k. Its solvency ranks better than 70% of 7666 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

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Checked score

Score 2025

93 / 100

Excellent

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency100

Growth-

Stability67

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €6k at 30 days only on tighter terms

Liquidity ample (current ratio 3.45), and 27.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 82

Relative position

BE, all sectors

reference

Sector 82

lower

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

72.2%

Return on assets

69%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

25 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€68k

Total assets

€94k

Net result

€65k

Working capital

€64k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €94k

95.6%

Fixed assets €4k

Current assets €90k

Equity and liabilities €94k

72.2%

27.8%

Equity €68k

Debt €26k

Debt finances 27.8% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€84k

Cash flow

€67k

Solvency

72.2%

Current ratio

3.45

Quick ratio

3.45

Debt / equity

0.38

ROE

95.6%

ROA

69.0%

Interest coverage

261.28

Debt

€26k

Debt ≤ 1 year

€26k

Income taxes

€17k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€94k

Formation expenses20€88

Fixed assets21/28€4k

Tangible fixed assets22/27€4k

Furniture and vehicles24€4k

Current assets29/58€90k

Amounts receivable within one year40/41€26k

Trade receivables40€18k

Other amounts receivable41€8k

Cash at bank and in hand54/58€64k

Equity and liabilities

Total equity and liabilities10/49€94k

Equity10/15€68k

Contributions10/11€3k

Reserves13€65k

Distributable reserves133€65k

Amounts payable17/49€26k

Amounts payable within one year42/48€26k

Trade debts44€2k

Suppliers440/4€2k

Taxes, remuneration and social security45€24k

Taxes450/3€24k

Accrued charges and deferred income492/3€116

Income statement Code2025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k

Other operating charges640/8€559

Gross operating margin9900€84k

Operating profit (loss)9901€82k

Financial income75/76B€72

Recurring financial income75€72

Financial charges65/66B€320

Recurring financial charges65€320

Profit (loss) for the period before taxes9903€82k

Income taxes67/77€17k

Profit (loss) for the period9904€65k

Profit (loss) for the period to be appropriated9905€65k

Appropriation of the result

Profit (loss) to be appropriated9906€65k

Transfer to equity691/2€65k

To other reserves6921€65k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2026

06-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

NBB filing

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

1 act for this company is 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, Merelbeke-Melle · 1 establishment unit since 2025

exact location from the address register On OpenStreetMap

Ground area

329 m²

Building footprint

101 m²

Volume, LiDAR

601 m³

Parcel 44402A0475/00Z003, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

VLEUG

Palmstraat 27, 9090 Merelbeke-MelleManufacture of textiles

since 20252.370.398.601

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44402A0475/00Z003	Flanders	329 m²	1 · 101 m²	11.0 m · 2 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

Of 24,423 companies in sector 82990 we hold annual accounts for 9,362. 7,048 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded08-01-2025

Fiscal year end31-12

Activities, NACEBEL

82990Other business support services

13200Manufacture of textiles

13300Finishing of textiles

13921Manufacture of textiles

13990Manufacture of textiles

70100Activities of head offices

71209Other technical testing and analysis

74111Design of textile patterns, clothing, jewellery, furniture and decorative items

74120Graphic design and visual communication

90111Literary creation

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.