VADE en Co
ActiveThe computed 12-month bankruptcy probability of VADE en Co is 1.7% (moderate). The 2025 annual accounts show equity of €502k and a net result of €42k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 13270 sector peers (fiscal year 2025). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-8
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 13.77 against 7.36 in 2024; short-term debt: 3.5% and cash: 43% of total assets), and 4.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
95.4%
Return on assets
8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
1 d early
2022
3 d early
2021
5 d early
2020
32 d early
2019
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€502k▲ 9.1%
2024 · €460k
2018: €321k
2019: €343k
2020: €328k
2021: €309k
2022: €339k
2023: €387k
2024: €460k
2018 → 2025
Total assets
€526k▲ 6.8%
2024 · €493k
2018: €357k
2019: €387k
2020: €361k
2021: €333k
2022: €384k
2023: €425k
2024: €493k
2018 → 2025
Net result
€42k▼ 42.5%
2024 · €73k
2018: €-14k
2019: €23k
2020: €-16k
2021: €-19k
2022: €29k
2023: €48k
2024: €73k
2018 → 2025
Working capital
€232k▲ 35.1%
2024 · €172k
2018: €111k
2019: €135k
2020: €135k
2021: €122k
2022: €125k
2023: €110k
2024: €172k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€309k-€339k▲ 9.5%€387k▲ 14.2%€460k▲ 18.9%€502k▲ 9.1%
Operating result€-17k-€31k€48k▲ 57.9%€74k▲ 53.1%€59k▼ 19.9%
Net result€-19k-€29k€48k▲ 63.6%€73k▲ 51.8%€42k▼ 42.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €526k
Fixed assets
€276k▼ 6.1%
Current assets
€250k▲ 25.9%
Equity and liabilities €526k
Equity
€502k▲ 9.1%
Debt
€24k▼ 25.8%
The debt ratio falls from 6.7% to 4.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€82k▼
2024 · €95k
Cash flow
€65k▼
2024 · €94k
Solvency
95.4%▲
2024 · 93.3%
Current ratio
13.77▲
2024 · 7.36
Quick ratio
13.72▲
2024 · 7.33
Debt / equity
0.05▼
2024 · 0.07
ROE
8.4%▼
2024 · 15.9%
ROA
8.0%▼
2024 · 14.8%
Interest coverage
51.38▼
2024 · 55.99
Debt
€24k▼
2024 · €33k
Debt ≤ 1 year
€18k▼
2024 · €27k
Income taxes
€16k
Staff costs
€141k▼
2024 · €153k
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€493k€526k▲
Fixed assets21/28€294k€276k▼
Tangible fixed assets22/27€293k€275k▼
Land and buildings22€181k€177k▼
Plant, machinery and equipment23€111k€98k▼
Financial fixed assets28€1k€1k=
Current assets29/58€199k€250k▲
Stocks and contracts in progress3€984€790▼
Stocks30/36€984€790▼
Amounts receivable within one year40/41€28k€17k▼
Trade receivables40€6k€11k▲
Other amounts receivable41€23k€7k▼
Cash at bank and in hand54/58€164k€227k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€493k€526k▲
Equity10/15€460k€502k▲
Contributions10/11€150k€150k=
Capital10€150k€150k=
Issued capital100€150k€150k=
Reserves13€310k€352k▲
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Distributable reserves133€295k€337k▲
Amounts payable17/49€33k€24k▼
Amounts payable within one year42/48€27k€18k▼
Trade debts44€8k€4k▼
Suppliers440/4€8k€4k▼
Taxes, remuneration and social security45€19k€15k▼
Taxes450/3€3k€4k▲
Remuneration and social security454/9€16k€11k▼
Accrued charges and deferred income492/3€6k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€153k€141k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€23k▲
Other operating charges640/8€20k€21k▲
Gross operating margin9900€267k€244k▼
Operating profit (loss)9901€74k€59k▼
Financial income75/76B€570€52▼
Recurring financial income75€570€52▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€73k€58k▼
Income taxes67/77-€16k
Profit (loss) for the period9904€73k€42k▼
Profit (loss) for the period to be appropriated9905€73k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€73k€42k▼
Transfer to equity691/2€73k€42k▼
To other reserves6921€73k€42k▼
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
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Equity above €500kEq €502k ▲9.1%
4 profitable years in a row build equity to €502k.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €73k ▲51.8%
Operating result €74k, net result €73k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Elsene · 2 establishment units since 1994
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.
Arnaud Fraiteurlaan 281050 ElseneGround area
429 m²
Building footprint
384 m²
Volume, LiDAR
3,437 m³
2 parcels, Brussels · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
LUCKY CLUB
since 19942.065.414.466
BRUSSELS BOWLING
since 19952.065.414.565
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0278/00V014 | Brussels | 336 m² | 1 · 335 m² | 13.3 m · 3 fl. |
| 21445C0234/00R024 | Brussels | 93 m² | 1 · 49 m² | 15.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2 sitesElsene2.065.414.466
Elsene2.065.414.565
Similar companies · same sector, comparable size
A.P.B.
BE 0428.820.172
Antwerpen · Eq €501k
MARMAX
BE 0863.728.184
Ath · Eq €503k
VASP
BE 0824.128.133
Gent · Eq €499k
HET BONERYCK
BE 0871.728.805
Nieuwpoort · Eq €499k
CARDIS-VAN DEN STEEN
BE 0442.842.513
Lebbeke · Eq €498k
Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 2,000 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-11-1993
Fiscal year end30-09
Activities, NACEBEL
55401
56301Cafés and bars
93291Sports, amusement and recreation activities
93292Sports, amusement and recreation activities
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationOrdinary general meeting
1. Verslag van de raad van bestuur. 2. Goedkeuring van de jaarrekening op 30 september 2007. 3. Bestemming van het resultaat. 4. Decharge aan de bestuurders.