V ET V DIFFUSION
ActiveThe file of V ET V DIFFUSION contains 6 judicial reorganisation notices, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is 7.5% (elevated). The 2025 annual accounts show negative equity (-€77,994) and a net result of €109,720. Equity has been growing by about 15% per year since 2019. Its solvency ranks better than 18% of 4,802 sector peers (NACE 56, financial year 2025).
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-08-2003 Normal situation
- Activity
- Limited-service restaurants, excluding mobile food services NACE 56112and 1 other
- Establishment units
- 2.135.679.088 7000 Mons, since 12-08-2003
- 2.210.116.789 7062 Soignies, since 19-06-2012
- Financial year end
- 30 September
- Peppol
- Reachable since 17-06-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 7.5%
- Gross margin
- €304,606
- ▼ 11.4%
- Turnover
- ≈ €880,000
- estimated
- Profit
- €109,720
- ▼ 35.6%
- Equity
- -€77,994
- ▲ 58.5%
- Total assets
- €635,197
- ▼ 0.8%
- Employees on 30-09-2025
- 10
- =
- Negative equity on 30-09-2025
- 2025 accounts filed 53 days after the deadline
Score breakdownraises riskJudicial reorganisation on record (6 publications, latest 26-01-2023)Sector: Food and beverage service activities (NACE 56)Last filed accounts filed 53 days late; 1 of the last 3 accounts latelowers riskSize: total assets €635,197Show the evidence
Checked score
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 21% of them on solvency, 17% on liquidity, 79% on profitability and 83% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 19 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 53 days after the deadline Filed on 22 June 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00205282.
Annual accounts 2025 filed on 22-06-2026 at the NBB all 22 filings
Every figure per financial year
The operating result for 2025 is 38% lower than in 2024.
- 2024 Net result +227%, Staff (FTE) +260% on 2023. The accounts now follow the micro format, last year the full format.
Staff
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 9 | 7 | - | 10 | 10 |
| full-time | - | - | - | 1 | 1 |
| part-time | 9 | 7 | - | 9 | 9 |
| in full-time equivalents | 3.3 | 2.9 | - | 4.5 | 4.5 |
| Average over the year, in full-time equivalents | 5.3 | 5.7 | 3 | 5.2 | 5.2 |
| On a permanent contract | 4 | 4 | - | 2 | 2 |
| Joined | 2 | - | - | 11 | 11 |
| Left | 3 | - | - | 9 | 9 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Overdue debts
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Overdue tax debts | - | €59,185 | - | - | - |
| Overdue social security (RSZ) debts | - | €93,894 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €7,867 | €8,474 |
| Financial fixed assets | €1,050 | - | - | - | - |
| Depreciation and write-downs of the year | €40,985 | €40,930 | €34,699 | €5,165 | €6,325 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €564,522 | €430,984 | €209,666 | €575,603 | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €1,270 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €153,782 | €384,425 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €15,607 | €73,818 | €108,757 | €155,857 | €180,630 | ▲ 15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €62,889 | €46,248 | €40,985 | €40,930 | €34,699 | €5,165 | €6,325 | ▲ 22.5% |
| Other operating charges640/8 | - | - | €619 | €50 | - | €1,467 | €4,964 | ▲ 238% |
| Gross operating margin9900 | €254,276 | €131,082 | €55,884 | €191,179 | €205,006 | €343,708 | €304,606 | ▼ 11.4% |
| Operating profit (loss)9901 | €46,920 | €16,790 | -€1,327 | €76,381 | €61,551 | €181,219 | €112,687 | ▼ 37.8% |
| Financial income75/76B | - | - | - | - | - | €3 | €0 | ▼ 97.8% |
| Recurring financial income75 | - | - | - | - | - | €3 | €0 | ▼ 97.8% |
| Financial charges65/66B | - | - | €8,465 | €15,558 | €9,364 | €10,810 | €2,966 | ▼ 72.6% |
| Recurring financial charges65 | €19,250 | €11,360 | €8,465 | €15,558 | €9,364 | €10,810 | €2,966 | ▼ 72.6% |
| Profit (loss) for the period before taxes9903 | €27,670 | €5,430 | -€9,792 | €60,822 | €52,187 | €170,411 | €109,720 | ▼ 35.6% |
| Profit (loss) for the period9904 | €27,670 | €5,430 | -€9,792 | €60,822 | €52,187 | €170,411 | €109,720 | ▼ 35.6% |
| Profit (loss) for the period to be appropriated9905 | €27,670 | €5,430 | -€9,792 | €60,822 | €52,187 | €170,411 | €109,720 | ▼ 35.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.8m | €0.7m | €0.7m | €0.7m | €0.7m | €0.6m | €0.6m | ▼ 0.8% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.1m | €0.1m | €0.06m | €0.06m | €0.06m | ▲ 3.5% |
| Intangible fixed assets21 | €0.1m | €0.08m | €0.05m | €0.02m | - | - | - | - |
| Tangible fixed assets22/27 | €0.09m | €0.07m | €0.06m | €0.05m | €0.04m | €0.04m | €0.04m | ▲ 5.1% |
| Plant, machinery and equipment23 | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.03m | ▼ 6.3% |
| Furniture and vehicles24 | - | - | €0.02m | €0.007m | €0.001m | €0.005m | €0.01m | ▲ 89.6% |
| Financial fixed assets28 | €0.03m | €0.03m | €0.03m | €0.03m | €0.02m | €0.02m | €0.02m | = |
| Current assets29/58 | €0.5m | €0.5m | €0.5m | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 1.2% |
| Stocks and contracts in progress3 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 0.7% |
| Stocks30/36 | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 0.7% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 0.8% |
| Trade receivables40 | - | - | €113 | €0.02m | €0.1m | €0.1m | €0.1m | ▲ 2.5% |
| Other amounts receivable41 | - | - | €0.2m | €0.2m | €0.08m | €0.08m | €0.08m | ▼ 1.7% |
| Cash at bank and in hand54/58 | €0.007m | €0.01m | €0.01m | €0.01m | €0.07m | €0.01m | €0.004m | ▼ 59.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.8m | €0.7m | €0.7m | €0.7m | €0.7m | €0.6m | €0.6m | ▼ 0.8% |
| Equity10/15 | -€0.5m | -€0.5m | -€0.5m | -€0.4m | -€0.4m | -€0.2m | -€0.08m | ▲ 58.5% |
| Contributions10/11 | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Capital10 | - | - | - | - | €0.02m | €0.02m | €0.02m | = |
| Issued capital100 | - | - | - | - | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Legal reserve130 | - | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | €0.002m | €0.002m | - | - | - | - |
| Profit (loss) carried forward14 | -€0.5m | -€0.5m | -€0.5m | -€0.4m | -€0.4m | -€0.2m | -€0.1m | ▲ 52.7% |
| Amounts payable17/49 | €1.2m | €1.2m | €1.2m | €1.1m | €1.1m | €0.8m | €0.7m | ▼ 13.9% |
| Amounts payable after more than one year17 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 5.2% |
| Financial debts170/4 | - | - | - | - | - | €0.02m | - | - |
| Other amounts payable178/9 | - | - | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | = |
| Amounts payable within one year42/48 | €0.9m | €0.8m | €0.8m | €0.7m | €0.7m | €0.5m | €0.4m | ▼ 20.3% |
| Current portion of amounts payable after more than one year42 | - | - | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 4.2% |
| Financial debts43 | - | - | €0.04m | €0.03m | €0.03m | - | - | - |
| Credit institutions430/8 | - | - | €0.04m | €0.03m | €0.03m | - | - | - |
| Trade debts44 | €0.07m | €0.09m | €0.06m | €0.01m | €0.07m | €0.01m | €0.01m | ▼ 5.9% |
| Suppliers440/4 | - | - | €0.06m | €0.01m | €0.07m | €0.01m | €0.01m | ▼ 5.9% |
| Taxes, remuneration and social security45 | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.04m | ▼ 60.3% |
| Taxes450/3 | - | - | €0.05m | €0.06m | €0.06m | €0.06m | €0.03m | ▼ 48.3% |
| Remuneration and social security454/9 | - | - | €0.1m | €0.09m | €0.07m | €0.05m | €0.01m | ▼ 73.0% |
| Other amounts payable47/48 | - | - | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 10.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,670 | €5,430 | -€9,792 | €60,822 | €52,187 | €170,411 | €109,720 | ▼ 35.6% |
| + Depreciation and write-downs630 | €62,889 | €46,248 | €40,985 | €40,930 | €34,699 | €5,165 | €6,325 | ▲ 22.5% |
| Operating cash flow (approximation) | €90,560 | €51,678 | €31,193 | €101,753 | €86,886 | €175,577 | €116,045 | ▼ 33.9% |
| Investment in fixed assets (approximation) | - | €0 | -€1,050 | €0 | €11,346 | -€7,867 | -€8,474 | ▼ 7.7% |
| Change in cash | - | €4,148 | -€155 | €2,486 | €55,900 | -€59,189 | -€6,077 | ▲ 89.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 317 companies had the same profile as V ET V DIFFUSION has now. Two years later, 91.8% were still going and 1.6% had gone bankrupt.
- Small
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
Another 2.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of V ET V DIFFUSION itself is higher: 7.5% within 12 months. It rests on far more data about V ET V DIFFUSION than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 317 companies, not a prediction for V ET V DIFFUSION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 22-06-2026 | 2026-00205282 | |
| 30-09-2024 | micro format | 30-05-2025 | 2025-00113969 | |
| 30-09-2023 | full format | 30-04-2024 | 2024-00079378 | |
| 30-09-2022 | full format | 15-05-2023 | 2023-00087641 | |
| 30-09-2021 | full format | 16-05-2022 | 2022-20032339 | |
| 30-09-2020 | full format | 03-05-2021 | 2021-13500298 | |
| 30-09-2019 | full format | 13-05-2020 | 2020-12100052 | |
| 30-09-2018 | full format | 26-05-2019 | 2019-14800354 | |
| 30-09-2017 | full format | 27-09-2018 | 2018-65800365 | |
| 30-09-2016 | full format | 10-04-2017 | 2017-09300416 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 26-01-2024 Converted to unavailable equity · €20,460
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| WATRIN Bruno Christian Auguste |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Organe d’administration, 1”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Déduction faite des actions proposées, moitié cédant,moitié acquéreurs au prorata”
Articles of association, deed of 26-01-2024 (in French)
Network & group
V ET V DIFFUSION shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of V ET V DIFFUSION. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
26-01
Gazette deed
Change of role: WATRIN Bruno Christian Auguste, from manager to directorDirector discharge · Registered office clause · Capital conversion8 points ▸
- Director resignation, WATRIN Bruno Christian Auguste (manager)
- Director appointment, WATRIN Bruno Christian Auguste (director (not named in the articles))
- Director discharge, WATRIN Bruno Christian Auguste
- Registered office clause, “7062 Soignies (Naast),Rue Saint-Vincent 78/a” (deed in French)
- General meeting, 04-12-2023
- Other provision, “adaptation statuts au CSA et maintien SRL, adapter” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Amendment of the articles
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
36 activities
- I'exploitation de tavemes,débits de boissons,snack-bars,la petite restauration
- La vente au détail de bonbons et friandises
- La vente de voitures
- Le placement de cloisons
- I'entretien de jardins et l'aménagement de pakings
- Le lavage de voitures
- La vente de cassettes audio et vidéo
- La vente de gadgets publicitaires
- La vente d'appareils électroménager,articles de télévision et haute-fidélité
- La vente et la fabrication de biioux
- La conception et la réalisation de projets publicitaires
- La restauration pour colleclivité
- Les travaux de bureau,d’organisation ou de réorganisation d'entreprises,de conseils et de gestion en matière administrative,commerciale,fiscale,financière,comptable,sociale;la localion,la vente et l'achat de tous biens mobiliers et immoblliers,les opérations de courtage afférentes à ces diverses opérations
- L'exécution de tous travaux d'application et revêtement industriels et plus généralement,de tous travaux mobiliers et immobiliers
- La mise en oeuvre de tous brevets d'applications au pistotet,l'exploitation et la concession de tous autres brevets,licences,marques et procédés se rapportant directement ou indirectement,soit aux activités susvisées,soit à du matériel,de l’outillage ou des produits servant auxdites activités
- La fabrication,la préparation,le traitement et le commerce sous toutes ses formes,de tous produits chimiques et industriels,ainsi que de tous matériaux,marchandises,appareils et outillage pour tous travaux d'appllcation de revêtement,d’imprégnation de surfaces et matières quelconques et,en général,pour toutes entreprises mobilières et immobilières
- Le courtage de tous financements et de tous prêts,avec ou sans garantie hypothécaire
- La tenue d'un bureau d'agent d'assurances et toutes activités pouvant y être liées
- Généralement tous services,dont notamment le courtage,concernant la vente,l'achat ou la locatlon de tous produits de placements financiers,mobillers et immobiliers,la gestion de portefeuille d'assurances ou de valeurs mobilières
- L'exploitatlon d’hôtels,auberges,motels,restaunants,et d'une manière générale,toutes activités se rapportant directement ou indirectement à l'industrie hôtelière ainsi que l'exploltatlon de tous débits de boissons,comprenant accessoirement le commerce de tabacs,cigares,cigarettes,cartes-vue et articles de confiserie
- L’exploitation d'agence de voyage;le transport de choses,service livraisons,counier express,le transport de médicaments
- L'achat,la vente,le commerce en gros et en détail;l'importation,l’exportation d’articles de textiles en tous genres
- La réalisation,pour son propre compte,pour le compte d'autrui,par ou avec autrui,de toutes opérations immoblllères,et notamment l'achat,la vente,la construction,la location,l'échange,la gestion,l'exploitation sous toutes ses formes,la mise en valeur,le lotissement de tous immeubles quelconques,urbains,ruraux,bâtis ou rnon bâtis,à destination privée,commerciale,ou agricole,ce à I'exclusion de toute activité de marchand de biens
- Le nettoyage de façades
- L'installation électrique
- Tous travaux d'installation électrotechnique de bâtiment
- L'installalion de câbles et appareils électriques
- L'installation de systèmes de télécommunication et installations informatiques
- L'installation de systèmes de survelllance et d'alarme contre les effractions
- Tous travaux d’installation électrotechnique autres que de bâtiment
- L’installation de systèmes d'éclairage et de signalisation pour chaussée,voies ferrées,aéroports et installations portuaires
- Tous travaux d'isolation
- Tous travaux de finition,plâtrerie,pose de vitres
- Tous travaux de ferraillage et pose de coffrage
- Tous travaux de maçonnerie et de rejointoiement
- La pose de chapes
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 55028C0244/00H000 | Wallonia | 614 m² | 1 · 166 m² | 6.3 m · 2 |