VUCHELEN VERWARMING
ActiveSummary
The computed 12-month bankruptcy probability of VUCHELEN VERWARMING is 3.6% (moderate). The 2025 annual accounts show negative equity (€-33k) and a net result of €-38k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 27786 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
16
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-46
Solvency0▼-32
Growth32=
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.63 against 1.04 in 2024; short-term debt: 128.5% and cash: 14.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
-52.3%
Return on assets
-59.8%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-33k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
30 d late
2024
31 d early
2023
27 d early
2022
31 d late
2021
30 d early
2020
32 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-33k
2024 · €5k
2020: €15k
2021: €19k
2022: €20k
2023: €20k
2024: €5k
2020 → 2025
Total assets
€63k▼ 10.2%
2024 · €70k
2020: €198k
2021: €201k
2022: €215k
2023: €128k
2024: €70k
2020 → 2025
Net result
€-38k▼ 145%
2024 · €-15k
2020: €12k
2021: €3k
2022: €2k
2023: €-105
2024: €-15k
2020 → 2025
Working capital
€-30k
2024 · €2k
2020: €-45k
2021: €-37k
2022: €-24k
2023: €-6k
2024: €2k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€20k▲ 9.3%€20k▼ 0.5%€5k▼ 76.5%€-33k
Operating result€4k-€3k▼ 17.0%€1k▼ 67.8%€-15k€-37k▼ 150%
Net result€3k-€2k▼ 46.3%€-105€-15k▼ 14,598%€-38k▼ 145%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €37k in 2025 against €15k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63k
Fixed assets
€12k ▼ 31.4%
Current assets
€51k ▼ 3.0%
Key figures and ratios
EBITDA
€-24k▼
2024 · €5k
Cash flow
€-24k▼
2024 · €4k
Solvency
-52.3%▼
2024 · 6.7%
Current ratio
0.63▼
2024 · 1.04
Quick ratio
0.19▼
2024 · 0.33
Debt to equity
-2.91▼
2024 · 13.83
ROA
-59.8%▼
2024 · -21.9%
Interest coverage
-60.55▼
2024 · 5.54
Debt
€96k▲
2024 · €65k
Debt ≤ 1 year
€81k▲
2024 · €50k
Debt > 1 year
€15k=
2024 · €15k
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€70k€63k▼
Fixed assets21/28€18k€12k▼
Intangible fixed assets21€50€0▼
Tangible fixed assets22/27€18k€12k▼
Plant, machinery and equipment23€5k€2k▼
Furniture and vehicles24€1k€8k▲
Leasing and similar rights25€11k€3k▼
Current assets29/58€52k€51k▼
Stocks and contracts in progress3€35k€35k=
Stocks30/36€35k€35k=
Amounts receivable within one year40/41€14k€3k▼
Trade receivables40€14k€805▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€2k€9k▲
Deferred charges and accrued income490/1€403€3k▲
Equity and liabilities
Total equity and liabilities10/49€70k€63k▼
Equity10/15€5k€-33k▼
Contributions10/11€3k€3k=
Reserves13€17k€17k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-15k€-53k▼
Amounts payable17/49€65k€96k▲
Amounts payable after more than one year17€15k€15k=
Financial debts170/4€15k€15k=
Amounts payable within one year42/48€50k€81k▲
Current portion of amounts payable after more than one year42€8k-
Trade debts44€13k€4k▼
Suppliers440/4€13k€4k▼
Taxes, remuneration and social security45€1k€426▼
Taxes450/3€1k€426▼
Other amounts payable47/48€29k€77k▲
Income statement
Code20242025
Non-recurring operating income76A€31k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€14k▼
Other operating charges640/8€1k€687▼
Gross operating margin9900€6k€-23k▼
Operating profit (loss)9901€-15k€-37k▼
Financial income75/76B€452€76▼
Recurring financial income75€452€76▼
Financial charges65/66B€854€390▼
Recurring financial charges65€854€390▼
Profit (loss) for the period before taxes9903€-15k€-38k▼
Profit (loss) for the period9904€-15k€-38k▼
Profit (loss) for the period to be appropriated9905€-15k€-38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-53k▼
Profit (loss) brought forward from the previous period14P€-105€-15k▼
The notes to these accounts (9 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
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Begijnendijk · 1 establishment unit since 2020
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.
Gelegstraat 583130 BegijnendijkGround area
654 m²
Building footprint
148 m²
Volume, LiDAR
731 m³
Parcel 24010B0469/00P000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VUCHELEN VERWARMING
since 20202.298.658.290
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24010B0469/00P000 | Flanders | 654 m² | 1 · 148 m² | 7.3 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 to 2025 · 2 entries · 394 EUR awarded · 394 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 95 EUR | 95 EUR |
| 2022 | 1 | 299 EUR | 299 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 1,529 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
Founded23-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
43240Other construction installation
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.