Vasigrig
ActiveSummary
Vasigrig has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106,458 and a net result of €38,246. Equity is growing by ~41.2% per year across the filed fiscal years. Its solvency ranks better than 81% of 18458 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+9
Solvency97▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 3.67 against 3.03 in 2024; short-term debt: 24.3% and cash: 75.9% of total assets), and 28.2% of the assets are financed with debt.
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Signals
Four 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
71.8%
Return on assets
25.8%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
49 d early
2024
44 d early
2023
29 d early
2022
47 d early
2021
13 d early
2020
2 d early
2019
10 d late
← 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 25 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€106,458▲ 56.1%
2024 · €68,212
Total assets
€148,326▲ 50.9%
2024 · €98,325
Net result
€38,246▲ 122%
2024 · €17,224
Working capital
€96,039▲ 95.7%
2024 · €49,076
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€33,896▲ 197%€2,906▼ 91.4%€16,947▲ 483%€27,266▲ 60.9%€58,076▲ 113%
Net result€24,361▲ 383%-€250€9,579€17,224▲ 79.8%€38,246▲ 122%
Equity€41,659▲ 141%€41,409▼ 0.6%€50,987▲ 23.1%€68,212▲ 33.8%€106,458▲ 56.1%
Total assets€76,159▲ 93.8%€106,523▲ 39.9%€98,848▼ 7.2%€98,325▼ 0.5%€148,326▲ 50.9%
Debt€34,501▲ 56.9%€65,114▲ 88.7%€47,861▼ 26.5%€30,114▼ 37.1%€41,869▲ 39.0%
Working capital€30,103▲ 102%€21,815▼ 27.5%€40,249▲ 84.5%€49,076▲ 21.9%€96,039▲ 95.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 113% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €148,326
Fixed assets
€16,311 ▼ 34.8%
Current assets
€132,015 ▲ 80.1%
Equity and liabilities €148,326
Equity
€106,458 ▲ 56.1%
Debt
€41,869 ▲ 39.0%
Debt's share of the balance-sheet total falls from 30.6% to 28.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€68,441▲
2024 · €37,383
Cash flow
€48,611▲
2024 · €27,341
Current ratio
3.67▲
2024 · 3.03
Quick ratio
3.45▲
2024 · 2.82
Debt to equity
0.39▼
2024 · 0.44
ROE
35.9%▲
2024 · 25.3%
ROA
25.8%▲
2024 · 17.5%
Interest coverage
15.94▲
2024 · 9.53
Debt ≤ 1 year
€35,976▲
2024 · €24,221
Debt > 1 year
€5,892=
2024 · €5,892
Income taxes
€15,535▲
2024 · €6,117
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,071 | €4,542 | €10,315 | €10,117 | €10,365 | ▲ 2.5% |
| Other operating charges640/8 | €2,451 | €830 | €2,691 | €550 | €1,181 | ▲ 115% |
| Gross operating margin9900 | €39,417 | €8,278 | €29,953 | €37,933 | €69,622 | ▲ 83.5% |
| Operating profit (loss)9901 | €33,896 | €2,906 | €16,947 | €27,266 | €58,076 | ▲ 113% |
| Financial income75/76B | €44 | - | - | - | - | - |
| Recurring financial income75 | €44 | - | - | - | - | - |
| Financial charges65/66B | €3,459 | €2,934 | €3,700 | €3,924 | €4,295 | ▲ 9.4% |
| Recurring financial charges65 | €3,459 | €2,934 | €3,700 | €3,924 | €4,295 | ▲ 9.4% |
| Profit (loss) for the period before taxes9903 | €30,481 | -€28 | €13,247 | €23,342 | €53,781 | ▲ 130% |
| Income taxes67/77 | €6,120 | €222 | €3,668 | €6,117 | €15,535 | ▲ 154% |
| Profit (loss) for the period9904 | €24,361 | -€250 | €9,579 | €17,224 | €38,246 | ▲ 122% |
| Profit (loss) for the period to be appropriated9905 | €24,361 | -€250 | €9,579 | €17,224 | €38,246 | ▲ 122% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €76,159 | €106,523 | €98,848 | €98,325 | €148,326 | ▲ 50.9% |
| Fixed assets21/28 | €11,556 | €43,999 | €35,145 | €25,028 | €16,311 | ▼ 34.8% |
| Intangible fixed assets21 | €1,488 | €488 | - | - | - | - |
| Tangible fixed assets22/27 | €10,068 | €43,512 | €35,145 | €25,028 | €16,311 | ▼ 34.8% |
| Plant, machinery and equipment23 | €3,629 | €2,801 | €1,973 | €1,146 | €1,718 | ▲ 50.0% |
| Furniture and vehicles24 | €6,439 | €40,710 | €33,171 | €23,882 | €14,593 | ▼ 38.9% |
| Current assets29/58 | €64,603 | €62,524 | €63,703 | €73,298 | €132,015 | ▲ 80.1% |
| Stocks and contracts in progress3 | €6,673 | €6,323 | €7,587 | €5,000 | €7,733 | ▲ 54.6% |
| Stocks30/36 | €6,673 | €6,323 | €7,587 | €5,000 | €7,733 | ▲ 54.6% |
| Amounts receivable within one year40/41 | €200 | €3,854 | €5,802 | €7,786 | €11,746 | ▲ 50.9% |
| Other amounts receivable41 | €200 | €3,854 | €5,802 | €7,786 | €11,746 | ▲ 50.9% |
| Cash at bank and in hand54/58 | €57,730 | €52,347 | €50,314 | €60,511 | €112,537 | ▲ 86.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €76,159 | €106,523 | €98,848 | €98,325 | €148,326 | ▲ 50.9% |
| Equity10/15 | €41,659 | €41,409 | €50,987 | €68,212 | €106,458 | ▲ 56.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Other1109/19 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €33,599 | €33,349 | €42,927 | €60,152 | €98,398 | ▲ 63.6% |
| Amounts payable17/49 | €34,501 | €65,114 | €47,861 | €30,114 | €41,869 | ▲ 39.0% |
| Amounts payable after more than one year17 | - | €24,406 | €24,406 | €5,892 | €5,892 | = |
| Financial debts170/4 | - | €24,406 | €24,406 | €5,892 | €5,892 | = |
| Amounts payable within one year42/48 | €34,501 | €40,708 | €23,455 | €24,221 | €35,976 | ▲ 48.5% |
| Current portion of amounts payable after more than one year42 | - | €8,368 | €1,425 | €9,257 | - | - |
| Trade debts44 | €2,867 | €7,038 | €14,702 | €3,972 | €8,874 | ▲ 123% |
| Suppliers440/4 | €2,867 | €7,038 | €14,702 | €3,972 | €8,874 | ▲ 123% |
| Taxes, remuneration and social security45 | €13,765 | €10,065 | €7,328 | €10,993 | €27,102 | ▲ 147% |
| Taxes450/3 | €13,765 | €10,065 | €7,328 | €10,993 | €27,102 | ▲ 147% |
| Other amounts payable47/48 | €17,868 | €15,238 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,361 | -€250 | €9,579 | €17,224 | €38,246 | ▲ 122% |
| + Depreciation and write-downs630 | €3,071 | €4,542 | €10,315 | €10,117 | €10,365 | ▲ 2.5% |
| Operating cash flow (approximation) | €27,432 | €4,292 | €19,894 | €27,341 | €48,611 | ▲ 77.8% |
| Investment in fixed assets (approximation) | - | -€36,986 | -€1,460 | €0 | -€1,649 | - |
| Change in cash | - | -€5,383 | -€2,033 | €10,197 | €52,025 | ▲ 410% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €38,246 ▲122%
Operating result €58,076, net result €38,246, both a record.
31-12
Financial
Equity above €100,000Eq €106,458 ▲56.1%
3 profitable years in a row build equity to €106,458.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €9,579
Net result €9,579 after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€250
Net result drops to -€250, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Merksplas · 1 establishment unit since 2018
Ground area
517 m²
Building footprint
325 m²
Volume, LiDAR
1,732 m³
Parcel 13023I0265/00N000, Flanders · tallest building 10.6 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Vasigrig
since 20182.277.172.592
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13023I0265/00N000 | Flanders | 517 m² | 1 · 325 m² | 10.6 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMerksplas2.277.172.592
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Of 3,824 companies in sector 47210 we hold annual accounts for 965. 779 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 (pre-2019)
Founded29-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
47241Retail sale of bread and pastry (bakery outlets)
47251Retail sale of wines and spirits
47252Retail sale of beverages, general range
47260Retail trade
47279Other retail sale of food
Scores and ratios are computed by Checked and are not a credit decision.