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De Vidange

Active
Private limited companyfounded 2024active for 2 yearsLieven Gevaertplein 7, 8020 Oostkamp, BelgiumKBO/BCE: BE 1010.858.576
Summary

The computed 12-month bankruptcy probability of De Vidange is 3.1% (moderate). The 2025 annual accounts show equity of €39,987 and a net result of €63,987. Its solvency ranks better than 38% of 16,452 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€39,987
Total assets
€251,084
Net result
€63,987
Working capital
-€58,029

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €251,084
Fixed assets €192,550
Current assets €58,535
Equity and liabilities €251,084
Equity €39,987
Debt €211,098
Debt finances 84.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€107,321
Cash flow
€82,318
Current ratio
0.50
Quick ratio
0.48
Debt to equity
5.28
ROE
160.0%
ROA
25.5%
Interest coverage
50.51
Debt ≤ 1 year
€116,563
Debt > 1 year
€94,535
Income taxes
€22,963
Staff costs
€124,805

Peer companies

Historical observation

Of the 1,602 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 96.5% are still going.

  • Small
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
2.3% went bankrupt
0.9% stopped otherwise
96.5% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,602 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 48 lines
Balance sheet Code2025
Assets
Total assets20/58€251,084
Fixed assets21/28€192,550
Tangible fixed assets22/27€192,550
Plant, machinery and equipment23€51,239
Furniture and vehicles24€28,688
Other tangible fixed assets26€112,623
Current assets29/58€58,535
Stocks and contracts in progress3€3,000
Stocks30/36€3,000
Amounts receivable within one year40/41€3,792
Trade receivables40€3,548
Other amounts receivable41€243
Cash at bank and in hand54/58€47,075
Deferred charges and accrued income490/1€4,668
Equity and liabilities
Total equity and liabilities10/49€251,084
Equity10/15€39,987
Contributions10/11€6,000
Reserves13€33,987
Distributable reserves133€33,987
Amounts payable17/49€211,098
Amounts payable after more than one year17€94,535
Financial debts170/4€94,535
Amounts payable within one year42/48€116,563
Current portion of amounts payable after more than one year42€29,167
Trade debts44€23,984
Suppliers440/4€23,984
Taxes, remuneration and social security45€62,736
Taxes450/3€41,569
Remuneration and social security454/9€21,167
Other amounts payable47/48€676
Income statement Code2025
Remuneration, social security and pensions62€124,805
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,332
Other operating charges640/8€1,623
Gross operating margin9900€233,750
Operating profit (loss)9901€88,989
Financial income75/76B€85
Recurring financial income75€85
Financial charges65/66B€2,125
Recurring financial charges65€2,125
Profit (loss) for the period before taxes9903€86,950
Income taxes67/77€22,963
Profit (loss) for the period9904€63,987
Profit (loss) for the period to be appropriated9905€63,987
Appropriation of the result
Profit (loss) to be appropriated9906€63,987
Transfer to equity691/2€33,987
To other reserves6921€33,987
Profit to be distributed694/7€30,000
Return on contributions (dividend)694€30,000

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€124,805
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,332
Other operating charges640/8€1,623
Gross operating margin9900€233,750
Operating profit (loss)9901€88,989
Financial income75/76B€85
Recurring financial income75€85
Financial charges65/66B€2,125
Recurring financial charges65€2,125
Profit (loss) for the period before taxes9903€86,950
Income taxes67/77€22,963
Profit (loss) for the period9904€63,987
Profit (loss) for the period to be appropriated9905€63,987
Line2025
Assets
Total assets20/58€251,084
Fixed assets21/28€192,550
Tangible fixed assets22/27€192,550
Plant, machinery and equipment23€51,239
Furniture and vehicles24€28,688
Other tangible fixed assets26€112,623
Current assets29/58€58,535
Stocks and contracts in progress3€3,000
Stocks30/36€3,000
Amounts receivable within one year40/41€3,792
Trade receivables40€3,548
Other amounts receivable41€243
Cash at bank and in hand54/58€47,075
Deferred charges and accrued income490/1€4,668
Equity and liabilities
Total equity and liabilities10/49€251,084
Equity10/15€39,987
Contributions10/11€6,000
Reserves13€33,987
Distributable reserves133€33,987
Amounts payable17/49€211,098
Amounts payable after more than one year17€94,535
Financial debts170/4€94,535
Amounts payable within one year42/48€116,563
Current portion of amounts payable after more than one year42€29,167
Trade debts44€23,984
Suppliers440/4€23,984
Taxes, remuneration and social security45€62,736
Taxes450/3€41,569
Remuneration and social security454/9€21,167
Other amounts payable47/48€676
Line2025
Profit (loss) for the period9904€63,987
+ Depreciation and write-downs630€18,332
Operating cash flow (approximation)€82,318

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-03-2025 micro format 31-10-2025 2025-00558217

Similar companies · same sector, comparable size

Of the 20,128 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,490. 9,748 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €3,564 awarded · €3,564 paid
Schemes
1 entry · €3,564 · €3,564 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.