VR PROJECTS
ActiveSummary
VR PROJECTS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97k and a net result of €-2k. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 1901 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▼-48
Solvency100▲+9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.63 against 2.53 in 2024; short-term debt: 23.9% and cash: 37.6% of total assets), and 24.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← 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 2025Solvency, return and age of the figures
Solvency
75.8%
Return on assets
-1.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-10-2025, 110 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
110 d early
2024
21 d early
2023
1 d early
2022
1 d early
2021
on the day
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€97k▼ 2.2%
2024 · €100k
2019: €26k
2020: €25k
2021: €46k
2022: €87k
2023: €91k
2024: €100k
2019 → 2025
Total assets
€128k▼ 14.9%
2024 · €151k
2019: €42k
2020: €46k
2021: €66k
2022: €104k
2023: €106k
2024: €151k
2019 → 2025
Net result
€-2k
2024 · €19k
2019: €12k
2020: €-1k
2021: €23k
2022: €41k
2023: €11k
2024: €19k
2019 → 2025
Working capital
€81k▲ 2.7%
2024 · €79k
2019: €23k
2020: €18k
2021: €40k
2022: €82k
2023: €67k
2024: €79k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€46k-€87k▲ 90.3%€91k▲ 3.8%€100k▲ 9.8%€97k▼ 2.2%
Operating result€35k-€59k▲ 68.6%€21k▼ 65.4%€31k▲ 50.4%€3k▼ 91.7%
Net result€23k-€41k▲ 81.7%€11k▼ 73.6%€19k▲ 72.7%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 92% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €128k
Fixed assets
€17k ▼ 18.8%
Current assets
€112k ▼ 14.3%
Equity and liabilities €128k
Equity
€97k ▼ 2.2%
Debt
€31k ▼ 39.5%
Debt's share of the balance-sheet total falls from 34.0% to 24.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▼
2024 · €37k
Cash flow
€2k▼
2024 · €25k
Current ratio
3.63▲
2024 · 2.53
Debt to equity
0.32▼
2024 · 0.52
ROE
-2.2%▼
2024 · 19.0%
ROA
-1.7%▼
2024 · 12.5%
Interest coverage
2.33▼
2024 · 9.85
Debt ≤ 1 year
€31k▼
2024 · €51k
Income taxes
€3k▼
2024 · €8k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€151k€128k▼
Fixed assets21/28€21k€17k▼
Tangible fixed assets22/27€21k€17k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€14k€12k▼
Current assets29/58€130k€112k▼
Amounts receivable within one year40/41€71k€34k▼
Trade receivables40€59k€21k▼
Other amounts receivable41€12k€12k▲
Current investments50/53€11k€15k▲
Cash at bank and in hand54/58€30k€48k▲
Deferred charges and accrued income490/1€18k€14k▼
Equity and liabilities
Total equity and liabilities10/49€151k€128k▼
Equity10/15€100k€97k▼
Contributions10/11€19k€19k=
Reserves13€81k€81k=
Distributable reserves133€81k€81k=
Profit (loss) carried forward14€0€-2k▼
Amounts payable17/49€51k€31k▼
Amounts payable within one year42/48€51k€31k▼
Trade debts44€26k€11k▼
Suppliers440/4€26k€11k▼
Taxes, remuneration and social security45€7k€4k▼
Taxes450/3€7k€4k▼
Other amounts payable47/48€18k€16k▼
Accrued charges and deferred income492/3-€336
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€4k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€38k€8k▼
Operating profit (loss)9901€31k€3k▼
Financial income75/76B€136€831▲
Recurring financial income75€136€831▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€27k€605▼
Income taxes67/77€8k€3k▼
Profit (loss) for the period9904€19k€-2k▼
Profit (loss) for the period to be appropriated9905€19k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€-2k▼
Transfer from equity791/2€0-
Transfer to equity691/2€9k€0▼
To other reserves6921€9k€0▼
Profit to be distributed694/7€10k€0▼
Return on contributions (dividend)694€10k€0▼
The notes to these accounts (5 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
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series.
10-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €41k ▲81.7%
Operating result €59k, net result €41k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Pajottegem · 1 establishment unit since 2017
Ground area
1,118 m²
Building footprint
94 m²
Volume, LiDAR
677 m³
Parcel 23087D0007/00K000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VR PROJECTS
since 20172.264.691.167
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23087D0007/00K000 | Flanders | 1,118 m² | 1 · 94 m² | 10.4 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,199 EUR awarded · 1,199 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,199 EUR | 1,199 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,152 companies in sector 63920 we hold annual accounts for 1,525. 1,257 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
Founded22-05-2017
Fiscal year end30-06
Activities, NACEBEL 2025
63920Other information service activities
47120Other non-specialised retail sale
62100Computer programming
71111Activities of building architects
74999Other professional, scientific and technical activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:annvankrunkelsven@yahoo.com
Phone:0476/51.37.18