BSVaragone
ActiveThe computed 12-month bankruptcy probability of BSVaragone is 4.1% (elevated). The 2025 annual accounts show equity of €28k and a net result of €4k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 69% of 27711 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+39
Solvency90▲+12
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity ample (current ratio 2.15 against 2.1 in 2024; short-term debt: 35.2% and cash: 0.1% of total assets), and 35.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
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
64.8%
Return on assets
10.2%
Age of the figures
9 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
17 d early
2024
7 d late
2023
29 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€28k▲ 18.8%
2024 · €24k
2023: €24k
2024: €24k
2023 → 2025
Total assets
€43k▼ 3.4%
2024 · €45k
2023: €46k
2024: €45k
2023 → 2025
Net result
€4k
2024 · €-459
2023: €19k
2024: €-459
2023 → 2025
Working capital
€17k▼ 24.8%
2024 · €23k
2023: €22k
2024: €23k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€24k-€24k▼ 1.9%€28k▲ 18.8%
Operating result€26k-€3k▼ 89.8%€4k▲ 66.3%
Net result€19k-€-459€4k
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 66% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43k
Fixed assets
€11k▲ 2,944%
Current assets
€33k▼ 26.4%
Equity and liabilities €43k
Equity
€28k▲ 18.8%
Debt
€15k▼ 28.1%
The debt ratio falls from 47.3% to 35.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5k▲
2024 · €4k
Cash flow
€5k▲
2024 · €863
Solvency
64.8%▲
2024 · 52.7%
Current ratio
2.15▲
2024 · 2.10
Quick ratio
2.15▲
2024 · 2.10
Debt / equity
0.54▼
2024 · 0.90
ROE
15.8%▲
2024 · -2.0%
ROA
10.2%▲
2024 · -1.0%
Debt
€15k▼
2024 · €21k
Debt ≤ 1 year
€15k▼
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€45k€43k▼
Fixed assets21/28€345€11k▲
Tangible fixed assets22/27€345€11k▲
Plant, machinery and equipment23€148€11k▲
Furniture and vehicles24€118-
Leasing and similar rights25€79-
Current assets29/58€44k€33k▼
Amounts receivable within one year40/41€38k€33k▼
Trade receivables40€0-
Other amounts receivable41€38k€33k▼
Cash at bank and in hand54/58€6k€48▼
Equity and liabilities
Total equity and liabilities10/49€45k€43k▼
Equity10/15€24k€28k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€19k€23k▲
Amounts payable17/49€21k€15k▼
Amounts payable within one year42/48€21k€15k▼
Financial debts43€1k-
Credit institutions430/8€1k-
Trade debts44€3k€14k▲
Suppliers440/4€3k€14k▲
Taxes, remuneration and social security45€10k€957▼
Taxes450/3€10k€957▼
Other amounts payable47/48€6k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€345▼
Other operating charges640/8€2k€279▼
Gross operating margin9900€6k€5k▼
Operating profit (loss)9901€3k€4k▲
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€5k-
Recurring financial charges65€5k-
Profit (loss) for the period before taxes9903€147€4k▲
Income taxes67/77€606-
Profit (loss) for the period9904€-459€4k▲
Profit (loss) for the period to be appropriated9905€-459€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€23k▲
Profit (loss) brought forward from the previous period14P€19k€19k▼
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
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
31-12
Financial
Weakest financial yearnet €-459 ▼102%
Net result drops to €-459, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Agatha-Berchem · 1 establishment unit since 2022
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.
Groot-Bijgaardenstraat 141082 Sint-Agatha-BerchemGround area
3.7 ha
Building footprint
341 m²
Volume, LiDAR
2,244 m³
2 parcels, Brussels · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BSVaragone
since 20222.333.366.474
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813F0611/00L000 | Brussels | 3.7 ha | 1 · 48 m² | 11.0 m · 1 fl. |
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
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.
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KONATE
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 6,682 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-07-2022
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.