V.C.S.
ActiveThe computed 12-month bankruptcy probability of V.C.S. is 2.0% (moderate). The 2024 annual accounts show equity of €18k and a net result of €12k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 64% of 18942 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency70▲+30
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 0.72 in 2023; short-term debt: 55% and cash: 63.1% of total assets), and 55% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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 2024Solvency, return and age of the figures
Solvency
45%
Return on assets
31.1%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €18k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-07-2025, 10 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
10 d early
2023
61 d late
2022
4 d early
2021
31 d late
2020
60 d late
2019
52 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€18k▲ 223%
2023 · €6k
2018: €12k
2019: €14k
2020: €10k
2021: €21k
2022: €12k
2023: €6k
2018 → 2024
Total assets
€40k▲ 7.3%
2023 · €37k
2018: €22k
2019: €25k
2020: €28k
2021: €55k
2022: €61k
2023: €37k
2018 → 2024
Net result
€12k
2023 · €-7k
2018: €-4k
2019: €2k
2020: €-5k
2021: €11k
2022: €-9k
2023: €-7k
2018 → 2024
Working capital
€7k
2023 · €-9k
2018: €-3k
2019: €3k
2020: €2k
2021: €22k
2022: €-3k
2023: €-9k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€10k-€21k▲ 118%€12k▼ 41.7%€6k▼ 54.3%€18k▲ 223%
Operating result€-9k-€12k€-9k€-6k▲ 30.8%€13k
Net result€-5k-€11k€-9k€-7k▲ 24.0%€12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €13k after a loss of €6k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €40k
Fixed assets
€11k▼ 22.9%
Current assets
€29k▲ 26.6%
Equity and liabilities €40k
Equity
€18k▲ 223%
Debt
€22k▼ 30.7%
The debt ratio falls from 85.1% to 55.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▲
2023 · €-2k
Cash flow
€16k▲
2023 · €-2k
Solvency
45.0%▲
2023 · 14.9%
Current ratio
1.31▲
2023 · 0.72
Quick ratio
1.17▲
2023 · 0.62
Debt / equity
1.22▼
2023 · 5.69
ROE
69.1%▲
2023 · -119.0%
ROA
31.1%▲
2023 · -17.8%
Interest coverage
53.29▲
2023 · -5.05
Debt
€22k▼
2023 · €32k
Debt ≤ 1 year
€22k▼
2023 · €32k
Staff costs
€25k▲
2023 · €24k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€37k€40k▲
Fixed assets21/28€14k€11k▼
Tangible fixed assets22/27€11k€8k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€8k€6k▼
Financial fixed assets28€4k€4k=
Current assets29/58€23k€29k▲
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€4k-
Trade receivables40€4k-
Cash at bank and in hand54/58€15k€25k▲
Deferred charges and accrued income490/1€294€519▲
Equity and liabilities
Total equity and liabilities10/49€37k€40k▲
Equity10/15€6k€18k▲
Contributions10/11€16k€16k=
Profit (loss) carried forward14€-10k€2k▲
Amounts payable17/49€32k€22k▼
Amounts payable within one year42/48€32k€22k▼
Current portion of amounts payable after more than one year42€4k-
Trade debts44€10k€7k▼
Suppliers440/4€10k€7k▼
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€6k€7k▲
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€8k€3k▼
Income statement
Code20232024
Remuneration, social security and pensions62€24k€25k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€25k€44k▲
Operating profit (loss)9901€-6k€13k▲
Financial income75/76B€53€0▼
Recurring financial income75€53€0▼
Financial charges65/66B€309€300▼
Recurring financial charges65€309€300▼
Profit (loss) for the period before taxes9903€-7k€12k▲
Profit (loss) for the period9904€-7k€12k▲
Profit (loss) for the period to be appropriated9905€-7k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€2k▲
Profit (loss) brought forward from the previous period14P€-4k€-10k▼
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
2025
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-9k ▼177%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 52 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · 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
2 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, Ronse · 1 establishment unit since 2017
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.
Engelsenlaan 999600 RonseGround area
2,397 m²
Building footprint
252 m²
Volume, LiDAR
1,921 m³
Parcel 45422D0734/02Y000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LE CHALET
since 20172.265.760.741
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45422D0734/02Y000 | Flanders | 2,397 m² | 1 · 251 m² | 11.9 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteRonse/Renaix2.265.760.741
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,453. 8,565 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-06-2017
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0494/878801