VR4TR
ActiveSummary
VR4TR has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability40▲+1
Solvency26▲+1
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 97.47 against 5.11 in 2024; short-term debt: 0.2% and cash: 1.3% of total assets), but 99% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
1%
Return on assets
1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
21 d early
2024
31 d early
2023
22 d early
2022
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▲ 1,194%
2024 · €1k
2022: €988
2023: €-6k▼ -690% vs 2022lowest in 4 years
2024: €1k▲ +120% vs 2023
2025: €15k▲ +1194% vs 2024highest in 4 years
2022 → 2025
Total assets
€1.43M▲ 15.9%
2024 · €1.24M
2022: €532klowest in 4 years
2023: €542k▲ +1.9% vs 2022
2024: €1.24M▲ +128% vs 2023
2025: €1.43M▲ +15.9% vs 2024highest in 4 years
2022 → 2025
Net result
€14k▲ 97.1%
2024 · €7k
2022: €988
2023: €-7k▼ -790% vs 2022lowest in 4 years
2024: €7k▲ +202% vs 2023
2025: €14k▲ +97.1% vs 2024highest in 4 years
2022 → 2025
Working capital
€235k▲ 611%
2024 · €33k
2022: €16klowest in 4 years
2023: €26k▲ +68.0% vs 2022
2024: €33k▲ +26.7% vs 2023
2025: €235k▲ +611% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€988-€-6k€1k€15k▲ 1,194%
2022: €988
2023: €-6k▼ -690% vs 2022lowest in 4 years
2024: €1k▲ +120% vs 2023
2025: €15k▲ +1194% vs 2024highest in 4 years
Operating result€17k-€9k▼ 47.9%€7k▼ 20.2%€8k▲ 6.6%
2022: €17khighest in 4 years
2023: €9k▼ -47.9% vs 2022
2024: €7k▼ -20.2% vs 2023lowest in 4 years
2025: €8k▲ +6.6% vs 2024
Net result€988-€-7k€7k€14k▲ 97.1%
2022: €988
2023: €-7k▼ -790% vs 2022lowest in 4 years
2024: €7k▲ +202% vs 2023
2025: €14k▲ +97.1% vs 2024highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 7% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.43M
Fixed assets
€1.20M =
Current assets
€238k ▲ 478%
Equity and liabilities €1.43M
Equity
€15k ▲ 1,194%
Debt
€1.42M ▲ 14.8%
Debt's share of the balance-sheet total falls from 99.9% to 99.0%. Equity and debt are higher.
Key figures and ratios
Current ratio
97.47▲
2024 · 5.11
Debt to equity
95.27
ROE
92.3%▼
2024 · 605.8%
ROA
1.0%▲
2024 · 0.6%
Debt ≤ 1 year
€2k▼
2024 · €8k
Debt > 1 year
€1.42M▲
2024 · €1.23M
Income taxes
€5k▲
2024 · €208
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.24M€1.43M▲
Fixed assets21/28€1.20M€1.20M=
Financial fixed assets28€1.20M€1.20M=
Current assets29/58€41k€238k▲
Amounts receivable after more than one year29-€188k
Other amounts receivable291-€188k
Amounts receivable within one year40/41€36k€26k▼
Trade receivables40€36k€26k▼
Cash at bank and in hand54/58€5k€18k▲
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€1.24M€1.43M▲
Equity10/15€1k€15k▲
Contributions10/11€1€1=
Reserves13€1k€15k▲
Distributable reserves133€1k€15k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€1.24M€1.42M▲
Amounts payable after more than one year17€1.23M€1.42M▲
Other amounts payable178/9€1.23M€1.42M▲
Amounts payable within one year42/48€8k€2k▼
Trade debts44€8k€0▼
Suppliers440/4€8k€0▼
Taxes, remuneration and social security45€208€442▲
Taxes450/3€208€442▲
Other amounts payable47/48-€2k
Accrued charges and deferred income492/3-€4
Income statement
Code20242025
Other operating charges640/8€513€527▲
Gross operating margin9900€8k€8k▲
Operating profit (loss)9901€7k€8k▲
Financial income75/76B-€11k
Recurring financial income75-€11k
Financial charges65/66B€44€49▲
Recurring financial charges65€44€49▲
Profit (loss) for the period before taxes9903€7k€19k▲
Income taxes67/77€208€5k▲
Profit (loss) for the period9904€7k€14k▲
Profit (loss) for the period to be appropriated9905€7k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€14k▲
Profit (loss) brought forward from the previous period14P€-6k€0▲
Transfer from equity791/2€0-
Transfer to equity691/2€1k€14k▲
To other reserves6921€1k€14k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | €1k | €510 | €513 | €527 | ▲ 2.8% |
| Gross operating margin9900 | €19k | €10k | €8k | €8k | ▲ 6.3% |
| Operating profit (loss)9901 | €17k | €9k | €7k | €8k | ▲ 6.6% |
| Financial income75/76B | - | - | - | €11k | - |
| Recurring financial income75 | - | - | - | €11k | - |
| Financial charges65/66B | €16k | €16k | €44 | €49 | ▲ 12.8% |
| Recurring financial charges65 | €16k | €16k | €44 | €49 | ▲ 12.8% |
| Profit (loss) for the period before taxes9903 | €1k | €-7k | €7k | €19k | ▲ 159% |
| Income taxes67/77 | €329 | €0 | €208 | €5k | ▲ 2,231% |
| Profit (loss) for the period9904 | €988 | €-7k | €7k | €14k | ▲ 97.1% |
| Profit (loss) for the period to be appropriated9905 | €988 | €-7k | €7k | €14k | ▲ 97.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €532k | €542k | €1.24M | €1.43M | ▲ 15.9% |
| Fixed assets21/28 | €511k | €511k | €1.20M | €1.20M | = |
| Financial fixed assets28 | €511k | €511k | €1.20M | €1.20M | = |
| Current assets29/58 | €21k | €31k | €41k | €238k | ▲ 478% |
| Amounts receivable after more than one year29 | - | - | - | €188k | - |
| Other amounts receivable291 | - | - | - | €188k | - |
| Amounts receivable within one year40/41 | €20k | €31k | €36k | €26k | ▼ 27.6% |
| Trade receivables40 | €20k | €31k | €36k | €26k | ▼ 27.6% |
| Cash at bank and in hand54/58 | €1k | €282 | €5k | €18k | ▲ 271% |
| Deferred charges and accrued income490/1 | - | - | - | €5k | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €532k | €542k | €1.24M | €1.43M | ▲ 15.9% |
| Equity10/15 | €988 | €-6k | €1k | €15k | ▲ 1,194% |
| Contributions10/11 | - | €1 | €1 | €1 | = |
| Reserves13 | €988 | €0 | €1k | €15k | ▲ 1,195% |
| Distributable reserves133 | €988 | €0 | €1k | €15k | ▲ 1,195% |
| Profit (loss) carried forward14 | - | €-6k | €0 | - | - |
| Amounts payable17/49 | €531k | €548k | €1.24M | €1.42M | ▲ 14.8% |
| Amounts payable after more than one year17 | €514k | €543k | €1.23M | €1.42M | ▲ 15.3% |
| Other amounts payable178/9 | €514k | €543k | €1.23M | €1.42M | ▲ 15.3% |
| Amounts payable within one year42/48 | €6k | €5k | €8k | €2k | ▼ 69.7% |
| Trade debts44 | €424 | €109 | €8k | €0 | ▼ 100% |
| Suppliers440/4 | €424 | €109 | €8k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €5k | €5k | €208 | €442 | ▲ 113% |
| Taxes450/3 | €5k | €5k | €208 | €442 | ▲ 113% |
| Other amounts payable47/48 | - | - | - | €2k | - |
| Accrued charges and deferred income492/3 | €11k | €0 | - | €4 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €988 | €-7k | €7k | €14k | ▲ 97.1% |
| Operating cash flow (approximation) | €988 | €-7k | €7k | €14k | ▲ 97.1% |
| Investment in fixed assets (approximation) | - | €0 | €-686k | €0 | ▲ 100% |
| Change in cash | - | €-817 | €5k | €13k | ▲ 187% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €14k ▲97.1%
Net result €14k, the highest in the series.
31-12
Financial
Liquidity times 19current ratio 97.47
Current ratio from 5.11 to 97.47; short-term debt falls from €8k to €2k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Lummen · 1 establishment unit since 2021
Ground area
3,630 m²
Building footprint
325 m²
Volume, LiDAR
1,584 m³
Parcel 71542D0239/00B000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
VR4TR
since 20212.331.205.948
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71542D0239/00B000 | Flanders | 3,630 m² | 1 · 325 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 27,433 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.