VAD Pro
ActiveSummary
The computed 12-month bankruptcy probability of VAD Pro is 5.5% (elevated). The 2024 annual accounts show negative equity (-€50,108) and a net result of -€6,101. Equity is shrinking by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 8% of 18935 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 5 accounts on average 46 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 5.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% 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 6,906 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.
| Line | 2018 | 2020 | 2021 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €20,229 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,804 | €13,972 | €11,795 | €8,529 | - |
| Other operating charges640/8 | - | - | €2,240 | €483 | - |
| Non-recurring operating charges66A | - | - | €1,700 | - | - |
| Gross operating margin9900 | €34,349 | €29,201 | €27,290 | €3,228 | - |
| Operating profit (loss)9901 | -€11,054 | €7,874 | -€8,674 | -€5,784 | - |
| Financial income75/76B | - | - | €0 | - | - |
| Recurring financial income75 | - | - | €0 | - | - |
| Financial charges65/66B | - | - | €1,080 | €198 | - |
| Recurring financial charges65 | €978 | €432 | €1,080 | €198 | - |
| Profit (loss) for the period before taxes9903 | -€12,032 | €7,442 | -€9,753 | -€5,982 | - |
| Income taxes67/77 | €33 | €207 | €174 | €119 | - |
| Profit (loss) for the period9904 | -€12,066 | €7,236 | -€9,928 | -€6,101 | - |
| Profit (loss) for the period to be appropriated9905 | -€12,066 | €7,236 | -€9,928 | -€6,101 | - |
| Line | 2018 | 2020 | 2021 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €87,429 | €65,359 | €74,007 | €32,269 | - |
| Fixed assets21/28 | €82,177 | €54,826 | €43,031 | - | - |
| Tangible fixed assets22/27 | €82,081 | €54,730 | €42,935 | - | - |
| Other tangible fixed assets26 | - | - | €42,935 | - | - |
| Financial fixed assets28 | €96 | €96 | €96 | - | - |
| Current assets29/58 | €5,252 | €10,533 | €30,976 | €32,269 | - |
| Amounts receivable within one year40/41 | €3,753 | - | €22,192 | €20,031 | - |
| Trade receivables40 | - | - | €22,192 | €19,482 | - |
| Other amounts receivable41 | - | - | - | €549 | - |
| Cash at bank and in hand54/58 | €1,499 | €10,533 | €8,783 | €12,238 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €87,429 | €65,359 | €74,007 | €32,269 | - |
| Equity10/15 | -€22,346 | -€24,178 | -€34,105 | -€50,108 | - |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | - |
| Profit (loss) carried forward14 | -€40,946 | -€42,778 | -€52,705 | -€68,708 | - |
| Amounts payable17/49 | €109,775 | €89,536 | €108,112 | €82,377 | - |
| Amounts payable within one year42/48 | €109,047 | €89,536 | €108,112 | €82,377 | - |
| Trade debts44 | €1,871 | €951 | €26,064 | €13,673 | - |
| Suppliers440/4 | - | - | €26,064 | €13,673 | - |
| Taxes, remuneration and social security45 | - | - | €2,475 | €263 | - |
| Taxes450/3 | - | - | €1,202 | €263 | - |
| Remuneration and social security454/9 | - | - | €1,274 | - | - |
| Other amounts payable47/48 | - | - | €79,573 | €68,440 | - |
| Line | 2018 | 2020 | 2021 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,066 | €7,236 | -€9,928 | -€6,101 | - |
| + Depreciation and write-downs630 | €12,804 | €13,972 | €11,795 | €8,529 | - |
| Operating cash flow (approximation) | €738 | €21,207 | €1,867 | €2,427 | - |
| Investment in fixed assets (approximation) | - | - | €0 | - | - |
| Change in cash | - | - | -€1,749 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
2 establishment units
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64040B0311/00D000 | Wallonia | 3,150 m² | 1 · 1,064 m² | - |
| 62803A1181/00D000 | Wallonia | 165 m² | 1 · 71 m² | - |
Linked by address, not proof of ownership
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Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.