VADIS
ActiveVADIS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €291k and a net result of €62k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 20% of 7892 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
66
/ 100
Healthy▲ +28 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+95
Solvency21▼-2
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.13 in 2024), and 86.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
13.2%
Return on assets
2.8%
Age of the figures
14 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 7892 sector peers (2025).
NBB · sector comparisonPosition among 7892 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
29 d late
2022
2 d late
2021
28 d late
2020
1 d late
2019
7 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€291k▲ 27.0%
2024 · €229k
2019: €97k
2020: €107k
2021: €110k
2022: €181k
2023: €227k
2024: €229k
2019 → 2025
Total assets
€2.20M▲ 32.1%
2024 · €1.67M
2019: €877k
2020: €1.06M
2021: €783k
2022: €1.31M
2023: €1.64M
2024: €1.67M
2019 → 2025
Net result
€62k▲ 2,683%
2024 · €2k
2019: €20k
2020: €10k
2021: €3k
2022: €71k
2023: €46k
2024: €2k
2019 → 2025
Working capital
€131k▼ 16.3%
2024 · €157k
2019: €79k
2020: €72k
2021: €69k
2022: €88k
2023: €157k
2024: €157k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€110k-€181k▲ 64.8%€227k▲ 25.4%€229k▲ 1.0%€291k▲ 27.0%
Operating result€-41k-€-37k▲ 11.1%€237k€68k▼ 71.4%€128k▲ 88.9%
Net result€3k-€71k▲ 2,596%€46k▼ 35.4%€2k▼ 95.2%€62k▲ 2,683%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 89% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.20M
Fixed assets
€321k▲ 13.2%
Current assets
€1.88M▲ 36.0%
Equity and liabilities €2.20M
Equity
€291k▲ 27.0%
Debt
€1.91M▲ 32.9%
The debt ratio rises from 86.3% to 86.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€194k▲
2024 · €126k
Cash flow
€128k▲
2024 · €61k
Solvency
13.2%▼
2024 · 13.7%
Current ratio
1.07▼
2024 · 1.13
Quick ratio
1.00▲
2024 · 0.86
Debt / equity
6.57▲
2024 · 6.28
ROE
21.3%▲
2024 · 1.0%
ROA
2.8%▲
2024 · 0.1%
Interest coverage
2.56▲
2024 · 1.40
Debt
€1.91M▲
2024 · €1.44M
Debt ≤ 1 year
€1.75M▲
2024 · €1.23M
Debt > 1 year
€161k▼
2024 · €211k
Income taxes
€18k▲
2024 · €812
Staff costs
€183k▲
2024 · €171k
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€1.67M€2.20M▲
Fixed assets21/28€284k€321k▲
Tangible fixed assets22/27€275k€315k▲
Land and buildings22€72k€63k▼
Plant, machinery and equipment23€73k€126k▲
Furniture and vehicles24€130k€126k▼
Financial fixed assets28€9k€6k▼
Current assets29/58€1.38M€1.88M▲
Stocks and contracts in progress3€332k€136k▼
Stocks30/36€332k€136k▼
Amounts receivable within one year40/41€833k€1.67M▲
Trade receivables40€724k€1.63M▲
Other amounts receivable41€109k€48k▼
Current investments50/53€12k€1k▼
Cash at bank and in hand54/58€195k€62k▼
Deferred charges and accrued income490/1€10k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.67M€2.20M▲
Equity10/15€229k€291k▲
Contributions10/11€19k€19k=
Reserves13€206k€271k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€204k€269k▲
Profit (loss) carried forward14€5k€2k▼
Amounts payable17/49€1.44M€1.91M▲
Amounts payable after more than one year17€211k€161k▼
Financial debts170/4€211k€161k▼
Amounts payable within one year42/48€1.23M€1.75M▲
Current portion of amounts payable after more than one year42€28k€61k▲
Financial debts43€205k€190k▼
Credit institutions430/8€205k€190k▼
Trade debts44€952k€1.43M▲
Suppliers440/4€952k€1.43M▲
Taxes, remuneration and social security45€40k€70k▲
Taxes450/3€7k€30k▲
Remuneration and social security454/9€33k€40k▲
Income statement
Code20242025
Remuneration, social security and pensions62€171k€183k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€66k▲
Other operating charges640/8€5k€8k▲
Non-recurring operating charges66A€38€0▼
Gross operating margin9900€302k€385k▲
Operating profit (loss)9901€68k€128k▲
Financial income75/76B€26k€27k▲
Recurring financial income75€26k€27k▲
Financial charges65/66B€90k€75k▼
Recurring financial charges65€90k€75k▼
Profit (loss) for the period before taxes9903€3k€79k▲
Income taxes67/77€812€18k▲
Profit (loss) for the period9904€2k€62k▲
Profit (loss) for the period to be appropriated9905€2k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€67k▲
Profit (loss) brought forward from the previous period14P€3k€5k▲
Transfer to equity691/2€0€65k▲
To other reserves6921€0€65k▲
Social balance
Average headcount (FTE)90872.93.1▲
The notes to these accounts (14 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €2k ▼95.2%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
30-06
Financial
Equity above €200kEq €227k ▲25.4%
5 profitable years in a row build equity to €227k.
02-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
30-06
Financial
Highest result since 2019net €71k ▲2596%
Net result €71k, the highest in the series.
30-06
Financial
Equity above €150kEq €181k ▲64.8%
4 profitable years in a row build equity to €181k.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 28 days late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Equity above €100kEq €107k ▲10.8%
2 profitable years in a row build equity to €107k.
07-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 7 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 12 days late
2017
08-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
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, Kruisem · 3 establishment units since 2007
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.
Nazarethsedorpweg(KRU) 99770 KruisemGround area
4,071 m²
Building footprint
725 m²
Volume, LiDAR
2,981 m³
3 parcels, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
3 establishment units
Nazarethsedorpweg(KRU) 9, 9770 Kruisem
since 20072.163.442.072
Hulstehoekstraat(O.) 3, 9790 Wortegem-Petegem
since 20072.215.661.726
Molenstraat 109, 9690 Kluisbergen
since 20232.347.015.265
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45002A0722/00D000 | Flanders | 2,407 m² | 1 · 336 m² | 6.2 m · 1 fl. |
| 45017B0025/00Z000 | Flanders | 1,007 m² | 1 · 199 m² | 6.1 m · 1 fl. |
| 45025C0436/00K000 | Flanders | 657 m² | 1 · 190 m² | 7.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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NAVERAGRO
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FINVOL OMIKRON
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DRAFHANDEL DECUYPER
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Of 688 companies in sector 46216 we hold annual accounts for 475. 360 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-05-2007
Fiscal year end30-06
Activities, NACEBEL
46216Wholesale of agricultural produce and animal feed, general range
51210
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.