Equity
-€50,108
Debts exceed assets in financial year 2024.
VAD Pro
Lifetime
5 annual accounts with figures on one time axispeak €34,349 (2018)
€3,228
lowest -€28,881 (2017)
-€6,101
peak -€10,281 (2017)
-€50,108
€82,377
peak 1.2 FTE (2018)
-not published
Board2 names since 2016
1 director
Documentsfilings and deeds
24-08-202524 days late
2024micro format
Loss of €6,101No annual accounts filed for 2022 and 2023
Key points
from the 2024 annual accountsLosses
-€16,029 in two years
The 2021 and 2024 financial years closed with a loss. 2021 was the heaviest.
Turnover
≈ €37,000 estimated
The micro format states no turnover.
Debts
€82,377 255% of the balance sheet
Suppliers 17%Taxes and wages 0%Other 83%
Filings
5 annual accounts 107 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-155.3%
Lower solvency than 91% of companies in food and beverage service. Sector median 29.1% · 18,799 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,920 companies had the same profile as VAD Pro has now. Each dot stands for 18 companies, two years later.
85.3%
were still trading
8.3%
stopped another way
5.8%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,920 companies, not a prediction for VAD Pro. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0651653324
New establishment in Waremme
Amnezia, Chaussée Romaine 240
Company renamed from MAISON GRAINDORGE to VAD Pro
Resignation: (manager) · Appointment: (sole director) · Permanent representative: · General meeting of 03-06-2025 · Gazette deed
Incorporation
Founding capital of €18,600, 1,000 shares · Founder: · Appointment: (manager) · published on 08-04-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VAD Pro Liège | €32,269 | €3,228 | -155.3% | - |
| PIZZA PRIMO Liège | €30,287 | €2,365 | 52.1% | - |
| M.V.D. T & Q Herstal | €24,626 | €4,481 | -37.9% | - |
| IMI INVESTMENT Brussels | €30,122 | €4,218 | 6.9% | - |
| G 50 Brussels | €28,636 | €2,665 | -49.7% | - |
| MIR AZAD Brussels | €39,791 | €2,947 | 68.3% | - |
| BELVEDERE1 Molenbeek-Saint-Jean | €39,528 | €3,574 | -14.7% | - |
These companies have the same main activity as VAD Pro: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €24,600 and €39,800, founded between 2014 and 2017.
Official details
Source: KBO- Status
- Active since 06-04-2016Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 2 others
- Establishment units
- 2.259.393.5814000 Liège, since 06-04-2016
- 2.378.628.1594300 Waremme, since 01-08-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 03-03-2026
Insights on VAD Pro
VAD Pro files the micro format. That format states no turnover. The gross margin fell from €10,651 in 2017 to €3,228 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VAD Pro
- What is the company number of VAD Pro?
- The company number of VAD Pro is 0651.653.324. The VAT number is the same number with BE in front: BE 0651.653.324.
- Where is VAD Pro based?
- The registered office is at Rue Saint-Jean-en-Isle 20, 4000 Liège.Company details
- What does VAD Pro do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of VAD Pro?
- VAD Pro is a private limited company (BV).
- When was VAD Pro founded?
- VAD Pro was founded on 06-04-2016.
- Is VAD Pro still active?
- Yes, VAD Pro is an active enterprise in the KBO register.
- How many employees does VAD Pro have?
- VAD Pro had an average of 2.1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of VAD Pro?
- The turnover in financial year 2024 is ≈ €37,000. This figure is estimated from the gross margin of €3,228 and 147 comparable companies (NACE 56112). It probably lies between €22,000 and €63,000. It is a rough estimate.
- Is VAD Pro profitable?
- In financial year 2024, VAD Pro made a loss of €6,101.
- Where can I find the annual accounts of VAD Pro?
- VAD Pro filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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