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Complete company report
Generated 11-08-2026
Active BE 0443.870.119Public limited company

VROGENA

Royennestraat 62 ·7700 Mouscron, Belgium· 35 yrs active
Sector: Head offices & management consulting (70200)
Conclusion Checked

The KBO register records legal situation 050 for VROGENA (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €934k and a net result of €-22k.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €934k
Net result €-22k
Better than sector 75%
Active 35 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health62Profitability0Solvency100Growth52Stability0
43 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 62
Profitability 0
Solvency 100
Growth 52
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
0 / 100
Low riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Trust signals 1 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
62 / 100 Healthy
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 30-09-2024 with the NBB · fiscal year 2023 · volledig
€-100k€0€100k€200kOperating result 2019: €1k€1kNet result 2019: €-21k€-21kOperating result 2020: €7k€7kNet result 2020: €-1k€-1kOperating result 2021: €178k€178kNet result 2021: €128k€128kOperating result 2022: €250k€250kNet result 2022: €182k€182kOperating result 2023: €-20k€-20kNet result 2023: €-22k€-22k20192020202120222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 70, Head offices & management consulting · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 71.6% 41.2%
better than 75% of 826 sector peers
Net result €-22k €28k
better than 17% of 827 sector peers
Equity €934k €160k
better than 72% of 828 sector peers
Gross operating margin €-18k €51k
better than 8% of 668 sector peers
Total assets €1.30M €781k
better than 60% of 826 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€186k
+1122.3% 18-23
Net profit
€-22k
- 18-23
Cash flow
€136k
+1922.9% 18-23
Total assets
€1.30M
+5.8% 18-23
Equity
€934k
-2.3% 18-23
Working capital
€625k
-3.5% 18-23
Income taxes
€67k
+41.0% 18-23
Debt
€370k
+33.8% 18-23
Debt ≤ 1y
€370k
+33.8% 18-23
Debt > 1y
€16k
-22.2% 18-23
Current ratio
2.69
-19.5% 18-23
Quick ratio
2.69
-19.5% 18-23
Solvency
71.6%
-7.7% 18-23
Debt / equity
0.40
+37.0% 18-23
ROE
-2.4%
- 18-23
ROA
-1.7%
- 18-23
Interest coverage
62.56
- 18-23
Figures by fiscal year
Fiscal year2023
Depositvolledig
Revenue-
EBITDA-
Net profit€-22k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€1.30M
Equity€934k
Debt€370k
of which ≤ 1y€370k
of which > 1y-
Working capital€625k
Employees (FTE)-
Ratios (computed)
2023
Current ratio2.69
Quick ratio2.69
Working capital ratio47.9%
Solvency71.6%
Debt / equity0.40
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-1.7%
ROE-2.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€1.30M
Fixed assets 21/28€309k
Tangible fixed assets 22/27€0
Financial fixed assets 28€309k
Current assets 29/58€995k
Amounts receivable within one year 40/41€942k
Cash & bank 54/58€53k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.30M
Equity 10/15€934k
Contributions / capital 10/11€62k
Reserves 13€872k
Amounts payable 17/49€370k
Amounts payable within one year 42/48€370k
Trade debts payable within one year 44€16k
Income statement
Gross operating margin 9900€-18k
Operating result 9901€-20k
Financial income 75€2
Financial charges 65€2k
Result before taxes 9903€-22k
Net result for the period 9904€-22k
Result to be appropriated 9905€-22k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Head offices & management consulting(70200)
Legal form Public limited company(014)
Incorporation03-04-1991
StatusActive
Postal code7700
Establishment units 1 location
VROGENA NV
Schepenhuisstraat(Rol) 25, 8510 KortrijkProductie van legeringen van edele metalen
since 19972.102.813.411
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
54007B0100/00S000 Wallonia 4,527 m² 1 · 1,574 m² 8.2 m · 2 fl.
34033B0321/00M003 Flanders 1,572 m² 1 · 235 m² 10.5 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
30-09-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2023
01-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
21-11-2022
State Gazette act Registered-office change
30-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
25-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
16-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
11-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
12-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
30-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
14-07-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
17-07-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
Belgisch Staatsblad, acts 1 acts
Address history · 1
21-11-2022
Registered-office move
All acts · 1 updated 3 years ago
2022
21-11-2022 Registered office moved from Rollegem to Moeskroen Registered-office change
  • Schepenhuisstraat 25, 8510 Rollegem, België → Royennestraat 62 - 7700 Moeskroen.
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_administratif",
      "new_address": {
        "raw": "Royennestraat 62 - 7700 Moeskroen.",
        "city": "Moeskroen",
        "region": "waals_gewest",
        "street": "Royennestraat",
        "country": "BE",
        "postcode": "7700",
        "box_number": null,
        "street_number": "62",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Schepenhuisstraat 25, 8510 Rollegem, Belgi\u00EB",
        "city": "Rollegem",
        "region": "vlaams_gewest",
        "street": "Schepenhuisstraat",
        "country": "BE",
        "postcode": "8510",
        "box_number": null,
        "street_number": "25",
        "locality_suffix": null
      },
      "effective_date": "2022-10-20",
      "evidence_quote": "",
      "region_changed": true,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": true,
      "court_jurisdiction_changed": true,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2022-11-07",
    "act_kind_objet": "Zetelverplaasting"
  },
  "decision": {
    "body": "enig_aandeelhouder_schriftelijk",
    "date": "2022-11-07",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0443.870.119",
    "name_full": "VROGENA",
    "legal_form": "Naamloze vennootschap",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Geert Vroman",
    "org_rep_person_name": null,
    "person_role_at_subject": "Gedelegeerd Bestuurder"
  },
  "co_filed_documents": [
    "Bijlagen bij het Belgisch- Staatsblad",
    "Annexes du-Moniteur belge"
  ]
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige adviesbureaus op het gebied van bedrijfsvoering en beheer74142
Primary activity highlighted.
Names & trade names
Legal nameFR VROGENA
Registered office
Royennestraat 62
7700 Mouscron, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative