Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
VQO from Laarne, company number BE0452269725, closed financial year 2026 with a result of € -103,893 after tax. For that financial year VQO recorded a gross margin of € -33,703 and equity of € 802,338. Compared with financial year 2025, the result moved from € 33,489 to € -103,893. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2026.
€ 802,338
▼ 31% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -103,893
▼ still € 33,489 profit in 2025
Profit after tax over the fiscal year.
€ 34,282
▼ 91% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 509,038.
People and assets in 2026
€ 75,782
▼ 26% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 163,694
▼ 22% vs 2025
€ 51,900 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 13,563
▲ 227% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 3,863
▼ 95% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 32,581 | € -17,292 | € 189,861 | € -33,703 | ▼ € 223,564 |
| Profit after taxes | € -36,185 | € -81,030 | € 33,489 | € -103,893 | ▼ € 137,383 |
| Equity | € 1,209,772 | € 1,128,742 | € 1,162,231 | € 802,338 | ▼ 31% |
| Total debts | € 454,869 | € 418,701 | € 458,264 | € 339,993 | ▼ 26% |
| Cash | € 50,556 | € 11,655 | € 364,935 | € 34,282 | ▼ 91% |
| Land & buildings | € 898,993 | € 842,063 | € 595,370 | € 557,796 | ▼ 6% |
| Retained profit | € 916,472 | € 835,442 | € 868,931 | € 509,038 | ▼ 41% |
| Bank debt | € 348,070 | € 265,018 | € 210,540 | € 163,694 | ▼ 22% |
| Balance sheet total | € 1,833,835 | € 1,706,036 | € 1,743,761 | € 1,257,813 | ▼ 28% |
Key figures of VQO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to VQO?
What happened at VQO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 103,893 (▼ € 137,383 vs 2025). Source: NBB ↗
- New establishment in Laarne. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,185 loss in 2023 to € 103,893 loss in 2026.
Paid € 79,449 in corporate taxes since 2023.
Best year ever: 2025, with € 33,489 profit.
Establishments
Establishment units
Physical locations of this company
Breestraat 8
9270 Laarne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.269.725
- VAT number
- BE 0452.269.725
- Registered office
- Breestraat 8, 9270 Laarne
- Names & denominations
- VQO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 1994
- Peppol
- Active · Active since 2 Jul 2025
- Activities · NACE
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