The computed 12-month bankruptcy probability of VAPOR DISTRIBUTION is 21.8% (high). For VAPOR DISTRIBUTION, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€5,993) and a net result of -€6,854. The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2021 (filed 09-08-2022)No registered site in the KBONo main activity registeredTwo or more financial years not filedlowers riskSize: total assets €19,128neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency0-36
equity -31.3% of total assets
Liquidity3-47
short-term debt 131.3% · cash 2.3%
Profitability0-10
return on assets -35.8%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
21.8%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 22.7%highest value12-2024: 22.7%● unchanged vs 11-2024highest value01-2025: 22.7%● unchanged vs 12-2024highest value02-2025: 22.7%● unchanged vs 01-2025highest value03-2025: 22.7%● unchanged vs 02-2025highest value04-2025: 22.7%● unchanged vs 03-2025highest value05-2025: 22.7%● unchanged vs 04-2025highest value06-2025: 22.7%● unchanged vs 05-2025highest value07-2025: 22.7%● unchanged vs 06-2025highest value08-2025: 21.8%▼ -0.9 percentage points vs 07-2025lowest value09-2025: 21.8%● unchanged vs 08-2025lowest value10-2025: 21.8%● unchanged vs 09-2025lowest value11-2025: 21.9%▲ +0.1 percentage points vs 10-202512-2025: 21.9%● unchanged vs 11-202501-2026: 21.9%● unchanged vs 12-202502-2026: 21.8%▼ -0.1 percentage points vs 01-202603-2026: 21.8%● unchanged vs 02-202604-2026: 21.8%● unchanged vs 03-202605-2026: 21.8%● unchanged vs 04-202606-2026: 21.8%● unchanged vs 05-202607-2026: 21.8%● unchanged vs 06-202608-2026: 21.8%● unchanged vs 07-202609-2026: 21.8%● unchanged vs 08-202610-2026: 21.8%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2022 year end31-07-2023 deadline14-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 08-08-2022, 8 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
This company filed its last 2 accounts on average 165 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2021 · full…
Annual accounts filedfinancial year 2020 · full…
Judicial dissolution and immediate closureFrench-language Enterprise Court of Brussels…
Key points
Risk: Accounts not fileddeadline was 31-07-20231171 days lateView
Risk: Negative equityfinancial year 2021: debts exceed assets-€5,993View