E-Vape
ActiveThe computed 12-month bankruptcy probability of E-Vape is 3.5% (moderate). The 2025 annual accounts show equity of €75k and a net result of €-6k. Equity is growing by ~85.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 17964 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
Axes · tick = 2024
Profitability0▼-100
Solvency64▼-32
Growth78=
Stability100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity tight (current ratio 1.42 against 2.55 in 2024), and 65.2% 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.
+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 47
Relative position
BE, all sectors
reference
Sector 47
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
34.8%
Return on assets
-2.7%
Age of the figures
17 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-11-2025, 26 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 · 5 filingsDeviation from the deadline
2025
26 d late
2024
26 d late
2023
23 d late
2022
21 d late
2021
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close13-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€75k▼ 7.1%
2024 · €81k
2021: €-5k
2022: €5k
2023: €25k
2024: €81k
2021 → 2025
Total assets
€217k▲ 36.1%
2024 · €159k
2021: €83k
2022: €101k
2023: €124k
2024: €159k
2021 → 2025
Net result
€-6k
2024 · €56k
2021: €-7k
2022: €10k
2023: €24k
2024: €56k
2021 → 2025
Working capital
€54k▼ 34.8%
2024 · €82k
2021: €5k
2022: €26k
2023: €38k
2024: €82k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-5k-€5k€25k▲ 369%€81k▲ 220%€75k▼ 7.1%
Operating result€-7k-€15k€33k▲ 129%€76k▲ 128%€-2k
Net result€-7k-€10k€24k▲ 136%€56k▲ 128%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €76k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €217k
Fixed assets
€34k▲ 43.5%
Current assets
€182k▲ 34.8%
Equity and liabilities €217k
Equity
€75k▼ 7.1%
Debt
€141k▲ 80.9%
The debt ratio rises from 49.0% to 65.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€5k▼
2024 · €85k
Cash flow
€1k▼
2024 · €64k
Solvency
34.8%▼
2024 · 51.0%
Current ratio
1.42▼
2024 · 2.55
Quick ratio
0.65▼
2024 · 1.14
Debt / equity
1.87▲
2024 · 0.96
ROE
-7.6%▼
2024 · 68.7%
ROA
-2.7%▼
2024 · 35.0%
Interest coverage
1.38▼
2024 · 29.67
Debt
€141k▲
2024 · €78k
Debt ≤ 1 year
€129k▲
2024 · €53k
Debt > 1 year
€13k▼
2024 · €15k
Income taxes
€3k▼
2024 · €18k
Staff costs
€86k▲
2024 · €76k
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€159k€217k▲
Fixed assets21/28€24k€34k▲
Tangible fixed assets22/27€24k€30k▲
Plant, machinery and equipment23€6k€12k▲
Furniture and vehicles24€15k€15k▼
Other tangible fixed assets26€3k€3k▼
Financial fixed assets28-€5k
Current assets29/58€135k€182k▲
Stocks and contracts in progress3€75k€99k▲
Stocks30/36€75k€99k▲
Amounts receivable within one year40/41€75€11k▲
Trade receivables40€75€578▲
Other amounts receivable41-€10k
Current investments50/53€35k€43k▲
Cash at bank and in hand54/58€24k€26k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€159k€217k▲
Equity10/15€81k€75k▼
Contributions10/11€3k€3k=
Reserves13€79k€79k=
Distributable reserves133€79k€79k=
Profit (loss) carried forward14-€-6k
Amounts payable17/49€78k€141k▲
Amounts payable after more than one year17€15k€13k▼
Financial debts170/4€15k€13k▼
Amounts payable within one year42/48€53k€129k▲
Current portion of amounts payable after more than one year42€18k€19k▲
Trade debts44€16k€65k▲
Suppliers440/4€16k€65k▲
Taxes, remuneration and social security45€16k€14k▼
Taxes450/3€8k€4k▼
Remuneration and social security454/9€8k€10k▲
Other amounts payable47/48€2k€31k▲
Accrued charges and deferred income492/3€10k-
Income statement
Code20242025
Remuneration, social security and pensions62€76k€86k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Other operating charges640/8€334€2k▲
Non-recurring operating charges66A€208-
Gross operating margin9900€161k€93k▼
Operating profit (loss)9901€76k€-2k▼
Financial income75/76B-€3k
Recurring financial income75-€413
Non-recurring financial income76B-€2k
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€73k€-3k▼
Income taxes67/77€18k€3k▼
Profit (loss) for the period9904€56k€-6k▼
Profit (loss) for the period to be appropriated9905€56k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€-6k▼
Transfer to equity691/2€56k-
To other reserves6921€56k-
The notes to these accounts (11 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
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
31-03
Financial
Highest result since 2021net €56k ▲128%
Operating result €76k, net result €56k, both a record.
2023
23-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2022
21-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
31-03
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
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, Aarschot · 3 establishment units 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.
Gijmelsesteenweg 1533201 AarschotGround area
2,361 m²
Building footprint
352 m²
Volume, LiDAR
2,788 m³
3 parcels, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
E-Vape
since 20202.299.720.342
E-Vape
since 20202.299.720.441
De schat van Emil
since 20222.325.583.908
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24033B0270/00N000 | Flanders | 1,470 m² | 1 · 134 m² | 13.0 m · 3 fl. |
| 24652F0369/00L000 | Flanders | 565 m² | 1 · 126 m² | 10.5 m · 3 fl. |
| 24662H0191/00H000 | Flanders | 326 m² | 1 · 92 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0652.890.667
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MKG INVEST
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Dilbeek · Eq €72k
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BE 0741.779.091
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Of 413 companies in sector 47260 we hold annual accounts for 260. 214 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2020
Fiscal year end31-03
Activities, NACEBEL
47260Retail trade
47789Other retail sale of new goods
47770Retail sale of watches and jewellery
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.