VANISTA
ActiveVANISTA has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-36k) and a net result of €-10k. Equity is shrinking by ~71.5% per year across the filed fiscal years. Its solvency ranks better than 9% of 9016 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency67=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.23 against 3.44 in 2023), but equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-7.2%
Return on assets
-2%
Age of the figures
20 mo
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 →
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€36k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
90 d late
2023
169 d late
2022
31 d late
2021
13 d early
2020
45 d late
2019
160 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-36k▼ 37.3%
2023 · €-26k
2018: €52k
2019: €12k
2020: €8k
2021: €-2k
2022: €-16k
2023: €-26k
2018 → 2024
Total assets
€497k=
2023 · €497k
2018: €493k
2019: €513k
2020: €513k
2021: €498k
2022: €497k
2023: €497k
2018 → 2024
Net result
€-10k▲ 6.5%
2023 · €-10k
2018: €-34k
2019: €-39k
2020: €-5k
2021: €-10k
2022: €-13k
2023: €-10k
2018 → 2024
Working capital
€343k▼ 2.8%
2023 · €352k
2018: €430k
2019: €391k
2020: €386k
2021: €376k
2022: €363k
2023: €352k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€8k-€-2k€-16k▼ 621%€-26k▼ 66.3%€-36k▼ 37.3%
Operating result€-4k-€-10k▼ 119%€-13k▼ 35.9%€-10k▲ 23.4%€-9k▲ 7.0%
Net result€-5k-€-10k▼ 116%€-13k▼ 36.1%€-10k▲ 23.0%€-10k▲ 6.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2024 against €10k in 2023; the loss shrinks.
Key figures and ratios
Solvency
-7.2%▼
2023 · -5.2%
Current ratio
3.23▼
2023 · 3.44
Quick ratio
3.23▼
2023 · 3.44
Debt / equity
-14.90▲
2023 · -20.08
ROE
27.2%▼
2023 · 39.9%
ROA
-2.0%▲
2023 · -2.1%
Debt
€532k▲
2023 · €523k
Debt ≤ 1 year
€154k▲
2023 · €144k
Debt > 1 year
€378k=
2023 · €378k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€497k€497k=
Current assets29/58€497k€497k=
Amounts receivable within one year40/41€497k€497k=
Trade receivables40€157k€157k=
Other amounts receivable41€340k€340k=
Cash at bank and in hand54/58€91€0▼
Equity and liabilities
Total equity and liabilities10/49€497k€497k=
Equity10/15€-26k€-36k▼
Contributions10/11€62k€62k=
Reserves13€68k€68k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Tax-exempt reserves132€491€491=
Distributable reserves133€62k€62k=
Profit (loss) carried forward14€-156k€-166k▼
Amounts payable17/49€523k€532k▲
Amounts payable after more than one year17€378k€378k=
Financial debts170/4€378k€378k=
Amounts payable within one year42/48€144k€154k▲
Financial debts43€15k€15k▲
Credit institutions430/8€15k€15k▲
Trade debts44€21k€21k▼
Suppliers440/4€21k€21k▼
Other amounts payable47/48€108k€118k▲
Income statement
Code20232024
Other operating charges640/8€0-
Gross operating margin9900€-10k€-9k▲
Operating profit (loss)9901€-10k€-9k▲
Financial charges65/66B€251€279▲
Recurring financial charges65€251€279▲
Profit (loss) for the period before taxes9903€-10k€-10k▲
Profit (loss) for the period9904€-10k€-10k▲
Profit (loss) for the period to be appropriated9905€-10k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-156k€-166k▼
Profit (loss) brought forward from the previous period14P€-146k€-156k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 90 days late
16-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 169 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 45 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 160 days late
2019
31-12
Financial
Weakest financial yearnet €-39k
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
11-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 72 days late
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 295 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Avelgem · 1 establishment unit since 1997
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.
Kerkstraat 188580 AvelgemGround area
906 m²
Building footprint
177 m²
Volume, LiDAR
1,335 m³
Parcel 34003A0948/00Z000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Kerkstraat 18, 8580 Avelgem
since 19972.083.568.710
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34003A0948/00Z000 | Flanders | 906 m² | 1 · 177 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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HENDRICKX-GYBELS
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Elsene · Eq €8k
AFRICAN FOOD POINT
BE 1022.400.586
Anderlecht · Eq €8k
EURO TRADE FRUIT
BE 0663.547.108
Sint-Agatha-Berchem · Eq €8k
FAST & FRESH
BE 0894.622.486
Brugge · Eq €8k
Of 949 companies in sector 46319 we hold annual accounts for 603. 128 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-09-1997
Fiscal year end31-12
Activities, NACEBEL
46319Wholesale of fruit and vegetables, excluding potatoes
51310
46321Wholesale of meat and meat products, excluding game and poultry
46349Wholesale of beverages, general range
51321
51340
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.