V-CUBES BY VEGGIEBEL
ActiveThe computed 12-month bankruptcy probability of V-CUBES BY VEGGIEBEL is 2.0% (moderate). The 2025 annual accounts show equity of €69k and a net result of €135k. Equity is growing by ~73.1% per year across the filed fiscal years. Its solvency ranks better than 50% of 1541 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency58▲+58
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 0.39 in 2024; short-term debt: 64.4% and cash: 0% of total assets), and 67.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 10
Relative position
BE, all sectors
reference
Sector 10
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
32.8%
Return on assets
64.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 3 filingsDeviation from the deadline
2025
29 d late
2024
30 d late
2023
186 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
€69k
2024 · €-66k
2023: €-27k
2024: €-66k
2023 → 2025
Total assets
€211k▲ 254%
2024 · €60k
2023: €16k
2024: €60k
2023 → 2025
Net result
€135k
2024 · €-39k
2023: €-32k
2024: €-39k
2023 → 2025
Working capital
€64k
2024 · €-69k
2023: €-27k
2024: €-69k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-27k-€-66k▼ 141%€69k
Operating result€-32k-€-36k▼ 10.1%€155k
Net result€-32k-€-39k▼ 19.3%€135k
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 2025: €155k after a loss of €36k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €211k
Fixed assets
€11k▼ 24.0%
Current assets
€200k▲ 345%
Equity and liabilities €211k
Equity
€69k
Debt
€142k
Debt finances 67.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€159k▲
2024 · €-33k
Cash flow
€139k▲
2024 · €-36k
Solvency
32.8%▲
2024 · -111.0%
Current ratio
1.47▲
2024 · 0.39
Quick ratio
1.47▲
2024 · 0.39
Debt / equity
2.05▲
2024 · -1.90
ROE
195.5%
ROA
64.1%▲
2024 · -64.9%
Interest coverage
65.39▲
2024 · -11.12
Debt
€142k▲
2024 · €126k
Debt ≤ 1 year
€136k▲
2024 · €114k
Debt > 1 year
€5k▼
2024 · €10k
Income taxes
€18k▲
2024 · €108
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€60k€211k▲
Fixed assets21/28€15k€11k▼
Tangible fixed assets22/27€15k€11k▼
Furniture and vehicles24€15k€11k▼
Current assets29/58€45k€200k▲
Amounts receivable within one year40/41€45k€198k▲
Trade receivables40€42k€192k▲
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€0€7▲
Deferred charges and accrued income490/1€105€2k▲
Equity and liabilities
Total equity and liabilities10/49€60k€211k▲
Equity10/15€-66k€69k▲
Contributions10/11€5k€5k=
Reserves13-€64k
Distributable reserves133-€64k
Profit (loss) carried forward14€-71k€0▲
Amounts payable17/49€126k€142k▲
Amounts payable after more than one year17€10k€5k▼
Financial debts170/4€10k€5k▼
Amounts payable within one year42/48€114k€136k▲
Current portion of amounts payable after more than one year42€4k€4k▲
Financial debts43€3k€191▼
Credit institutions430/8€0€191▲
Other loans439€3k€0▼
Trade debts44€81k€47k▼
Suppliers440/4€81k€47k▼
Advances received on contracts in progress46€3k€0▼
Taxes, remuneration and social security45€155€18k▲
Taxes450/3€155€18k▲
Other amounts payable47/48€22k€66k▲
Accrued charges and deferred income492/3€2k€397▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€3k€363▼
Gross operating margin9900€-29k€159k▲
Operating profit (loss)9901€-36k€155k▲
Financial income75/76B€14€57▲
Recurring financial income75€14€57▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-39k€153k▲
Income taxes67/77€108€18k▲
Profit (loss) for the period9904€-39k€135k▲
Profit (loss) for the period to be appropriated9905€-39k€135k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-71k€64k▲
Profit (loss) brought forward from the previous period14P€-32k€-71k▼
Transfer to equity691/2-€64k
To other reserves6921-€64k
The notes to these accounts (6 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Back to profitnet €135k
Net result €135k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 1.47
Current ratio from 0.39 to 1.47.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 186 days late
2024
31-12
Financial
Weakest financial yearnet €-39k
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
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, Ieper · 1 establishment unit since 2023
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.
Sobrylaan 138900 IeperGround area
794 m²
Building footprint
190 m²
Volume, LiDAR
857 m³
Parcel 33304B0250/00K002, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
V-CUBES BY VEGGIEBEL
since 20232.346.461.276
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33304B0250/00K002 | Flanders | 794 m² | 1 · 190 m² | 7.3 m · 1 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 siteIeper2.346.461.276
Similar companies · same sector, comparable size
NATURAL FIRST
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BE 0736.477.448
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Ioop
BE 0831.806.474
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STERQ
BE 0755.861.612
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Sideri Laboratory
BE 0746.552.085
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Of 395 companies in sector 10890 we hold annual accounts for 225. 109 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-06-2023
Fiscal year end31-12
Activities, NACEBEL
10890Manufacture of food products
46170Agents in the wholesale of food, beverages and tobacco
46180Agents specialised in the wholesale of other particular products
47120Other non-specialised retail sale
47910Retail trade
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.