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VANNUCHI

Active
Private limited companyfounded 201214 yrs activeLouis Van Houttestraat 109, 9050 Gent, BelgiumKBO/BCE: BE 0843.910.589
Summary

The computed 12-month bankruptcy probability of VANNUCHI is 2.2% (moderate). The 2025 annual accounts show negative equity (-€34,771) and a net result of -€27,938. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 13560 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-7
Solvency1▼-20
Growth32=
Track record100
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2 against 0.36 in 2024; short-term debt: 75.3% and cash: 9.2% of total assets), and equity is negative.
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Signals

Five 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-24.3%
Return on assets
-19.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€34,771
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
56 d late
2023
27 d late
2022
6 d early
2021
19 d early
2020
30 d early
2019
18 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VANNUCHI was incorporated on 21 February 2012.1 Total assets fell from EUR 181,000 in 2018 to EUR 142,865 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€34,771▼ 409%
2024 · -€6,833
Total assets
€142,865▼ 21.9%
2024 · €182,822
Net result
-€27,938▼ 18.6%
2024 · -€23,559
Working capital
-€85,637▼ 18.7%
2024 · -€72,129
Trend over the years

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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€10,244€11,198▲ 9.3%€9,298▼ 17.0%-€18,486-€23,203▼ 25.5%
Net result€8,486within the sector's middle half€9,503within the sector's middle half▲ 12.0%€7,001within the sector's middle half▼ 26.3%-€23,559below the sector's middle half-€27,938below the sector's middle half▼ 18.6%
Equity€221within the sector's middle half€9,724within the sector's middle half▲ 4,298%€16,726within the sector's middle half▲ 72.0%-€6,833below the sector's middle half-€34,771below the sector's middle half▼ 409%
Total assets€164,997within the sector's middle half▲ 5.9%€225,916within the sector's middle half▲ 36.9%€166,965within the sector's middle half▼ 26.1%€182,822within the sector's middle half▲ 9.5%€142,865within the sector's middle half▼ 21.9%
Debt€164,776▲ 0.4%€216,192▲ 31.2%€150,239▼ 30.5%€189,655▲ 26.2%€177,636▼ 6.3%
Working capital-€40,299▲ 28.1%€31,083-€17,703-€72,129▼ 307%-€85,637▼ 18.7%
Solvency0.1%within the sector's middle half▲ 5.4pp4.3%within the sector's middle half▲ 4.2pp10.0%within the sector's middle half▲ 5.7pp-3.7%within the sector's middle half▼ 13.8pp-24.3%below the sector's middle half▼ 20.6pp
above within below 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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0€10,000Operating result 2021: €10,244€10,244Net result 2021: €8,486€8,486Operating result 2022: €11,198€11,198Net result 2022: €9,503€9,503Operating result 2023: €9,298€9,298Net result 2023: €7,001€7,001Operating result 2024: -€18,486-€18,486Net result 2024: -€23,559-€23,559Operating result 2025: -€23,203-€23,203Net result 2025: -€27,938-€27,93820212022202320242025-€30,000-€20,000-€10,000€0€10,000Operating result 2023: €9,298€9,300Net result 2023: €7,001€7,000Operating result 2024: -€18,486-€18,500Net result 2024: -€23,559-€23,600Operating result 2025: -€23,203-€23,200Net result 2025: -€27,938-€27,900202320242025
The operating result stays negative: a loss of €23,203 in 2025 against €18,486 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €142,865
Fixed assets €120,957 ▼ 14.9%
Current assets €21,908 ▼ 46.2%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€2,066▼
2024 · €2,696
Cash flow
-€6,802▼
2024 · -€2,377
Current ratio
0.20▼
2024 · 0.36
Debt to equity
-5.11▲
2024 · -27.76
ROA
-19.6%▼
2024 · -12.9%
Interest coverage
-0.45▼
2024 · 0.55
Debt ≤ 1 year
€107,545▼
2024 · €112,859
Debt > 1 year
€70,091▼
2024 · €76,797
Income taxes
€141▲
2024 · €140
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% 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
5.5% went bankrupt
8.0% stopped otherwise
85% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,940 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€182,822€142,865▼
Fixed assets21/28€142,093€120,957▼
Tangible fixed assets22/27€142,093€120,957▼
Land and buildings22€91,858€83,918▼
Plant, machinery and equipment23€11,088€7,986▼
Furniture and vehicles24€39,147€29,053▼
Current assets29/58€40,729€21,908▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€10,008€6,128▼
Trade receivables40€7,987€6,082▼
Other amounts receivable41€2,022€45▼
Cash at bank and in hand54/58€29,840€13,118▼
Deferred charges and accrued income490/1€882€2,662▲
Equity and liabilities
Total equity and liabilities10/49€182,822€142,865▼
Equity10/15-€6,833-€34,771▼
Contributions10/11€12,400€12,400=
Reserves13€25,588€25,588=
Distributable reserves133€25,588€25,588=
Profit (loss) carried forward14-€44,821-€72,759▼
Amounts payable17/49€189,655€177,636▼
Amounts payable after more than one year17€76,797€70,091▼
Financial debts170/4€76,797€70,091▼
Amounts payable within one year42/48€112,859€107,545▼
Current portion of amounts payable after more than one year42€6,347€6,705▲
Financial debts43€11€58▲
Credit institutions430/8€11€58▲
Trade debts44€10,732€2,117▼
Suppliers440/4€10,732€2,117▼
Taxes, remuneration and social security45€1,621€4,872▲
Taxes450/3€140€3,391▲
Remuneration and social security454/9€1,482€1,482=
Other amounts payable47/48€94,147€93,792▼
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Non-recurring operating income76A€1,010€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,182€21,136▼
Other operating charges640/8€685€544▼
Gross operating margin9900€3,380-€1,522▼
Operating profit (loss)9901-€18,486-€23,203▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€4,933€4,595▼
Recurring financial charges65€4,933€4,595▼
Profit (loss) for the period before taxes9903-€23,419-€27,797▼
Income taxes67/77€140€141▲
Profit (loss) for the period9904-€23,559-€27,938▼
Profit (loss) for the period to be appropriated9905-€23,559-€27,938▼
Appropriation of the result
Profit (loss) to be appropriated9906-€44,821-€72,759▼
Profit (loss) brought forward from the previous period14P-€21,262-€44,821▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€1,010€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,075€12,975€14,015€21,182€21,136▼ 0.2%
Other operating charges640/8€645€581€651€685€544▼ 20.6%
Gross operating margin9900€22,964€24,754€23,964€3,380-€1,522▼ 145%
Operating profit (loss)9901€10,244€11,198€9,298-€18,486-€23,203▼ 25.5%
Financial income75/76B€0€12€0-€0-
Recurring financial income75€0€12€0-€0-
Financial charges65/66B€1,758€1,707€2,165€4,933€4,595▼ 6.9%
Recurring financial charges65€1,758€1,707€2,165€4,933€4,595▼ 6.9%
Profit (loss) for the period before taxes9903€8,486€9,503€7,133-€23,419-€27,797▼ 18.7%
Income taxes67/77--€132€140€141▲ 1.0%
Profit (loss) for the period9904€8,486€9,503€7,001-€23,559-€27,938▼ 18.6%
Profit (loss) for the period to be appropriated9905€8,486€9,503€7,001-€23,559-€27,938▼ 18.6%
Line20212022202320242025Change
Assets
Total assets20/58€164,997€225,916€166,965€182,822€142,865▼ 21.9%
Fixed assets21/28€137,341€129,673€122,073€142,093€120,957▼ 14.9%
Tangible fixed assets22/27€137,341€129,673€122,073€142,093€120,957▼ 14.9%
Land and buildings22€115,677€107,737€99,797€91,858€83,918▼ 8.6%
Plant, machinery and equipment23€9,696€8,867€10,825€11,088€7,986▼ 28.0%
Furniture and vehicles24€11,968€13,069€11,450€39,147€29,053▼ 25.8%
Current assets29/58€27,656€96,243€44,892€40,729€21,908▼ 46.2%
Stocks and contracts in progress3€117€167€206€0--
Stocks30/36€117€167€206€0--
Amounts receivable within one year40/41€4,289€39,067€2,204€10,008€6,128▼ 38.8%
Trade receivables40€4,238€38,723€2,189€7,987€6,082▼ 23.8%
Other amounts receivable41€52€344€15€2,022€45▼ 97.8%
Cash at bank and in hand54/58€22,040€27,087€41,322€29,840€13,118▼ 56.0%
Deferred charges and accrued income490/1€1,210€29,922€1,161€882€2,662▲ 202%
Equity and liabilities
Total equity and liabilities10/49€164,997€225,916€166,965€182,822€142,865▼ 21.9%
Equity10/15€221€9,724€16,726-€6,833-€34,771▼ 409%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Reserves13€25,588€25,588€25,588€25,588€25,588=
Non-distributable reserves130/1€1,855€1,855€0---
Reserves not available under the articles1311€1,855€1,855€0---
Distributable reserves133€23,733€23,733€25,588€25,588€25,588=
Profit (loss) carried forward14-€37,767-€28,264-€21,262-€44,821-€72,759▼ 62.3%
Amounts payable17/49€164,776€216,192€150,239€189,655€177,636▼ 6.3%
Amounts payable after more than one year17€96,822€88,879€83,144€76,797€70,091▼ 8.7%
Financial debts170/4€96,822€88,879€83,144€76,797€70,091▼ 8.7%
Amounts payable within one year42/48€67,954€65,160€62,595€112,859€107,545▼ 4.7%
Current portion of amounts payable after more than one year42€8,686€7,942€5,995€6,347€6,705▲ 5.6%
Financial debts43€10€10€11€11€58▲ 424%
Credit institutions430/8€10€10€11€11€58▲ 424%
Trade debts44€4,633€1,660€3,612€10,732€2,117▼ 80.3%
Suppliers440/4€4,633€1,660€3,612€10,732€2,117▼ 80.3%
Taxes, remuneration and social security45€3,714€7,536€3,945€1,621€4,872▲ 201%
Taxes450/3€3,714€7,536€2,464€140€3,391▲ 2,330%
Remuneration and social security454/9--€1,482€1,482€1,482=
Other amounts payable47/48€50,911€48,012€49,032€94,147€93,792▼ 0.4%
Accrued charges and deferred income492/3-€62,152€4,500€0--
Line20212022202320242025Change
Profit (loss) for the period9904€8,486€9,503€7,001-€23,559-€27,938▼ 18.6%
+ Depreciation and write-downs630€12,075€12,975€14,015€21,182€21,136▼ 0.2%
Operating cash flow (approximation)€20,561€22,478€21,016-€2,377-€6,802▼ 186%
Investment in fixed assets (approximation)--€5,307-€6,414-€41,203€0▲ 100%
Change in cash-€5,048€14,234-€11,482-€16,721▼ 45.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Weakest financial yearnet -€27,938
Net result drops to -€27,938, the lowest in the series.
25-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
25-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €9,503 ▲12%
Operating result €11,198, net result €9,503, both a record.
31-12
Financial Liquidity quadruplescurrent ratio 1.48
Current ratio from 0.41 to 1.48; short-term debt falls from €67,954 to €65,160.
12-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €8,486
Net result €8,486 after 3 loss-making years.
01-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
13-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Gent · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
440 m²
Building footprint
260 m²
Volume, LiDAR
1,955 m³
Parcel 44032A0057/00W011, Flanders · tallest building 13.3 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Vannuchi
Louis Van Houttestraat 109, 9050 GentPrinting and reproduction of recorded media
since 20122.207.217.182
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44032A0057/00W011 Flanders 440 m² 1 · 260 m² 13.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 1,529 EUR awarded · 1,529 EUR paid
Year Entries awardedpaid
2022 1 1,529 EUR1,529 EUR
Schemes
1 entry · 1,529 EUR · 1,529 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Gent2.207.217.182
1 permission
Dienstverlener - horeca · since 12-04-2013

Similar companies · same sector, comparable size

Of 7,501 companies in sector 56210 we hold annual accounts for 2,451. 1,767 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-02-2012
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
90393Specialised image, lighting and sound technical services
90120Visual arts creation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0843910589
Also 9925:BE0843910589
Registered 03-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.