Vazy Collection
ActiveSummary
The computed 12-month bankruptcy probability of Vazy Collection is 1.7% (moderate). The 2024 annual accounts show negative equity (€-11k) and a net result of €-493. Equity is shrinking by ~14% per year across the filed fiscal years. Its solvency ranks better than 5% of 19357 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability1▲+1
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Five 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 2024Age of the figures
Age of the figures
21 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-11k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
34 d early
2022
28 d early
2021
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-11k▼ 4.6%
2023 · €-11k
2021: €-6k
2022: €-9k
2023: €-11k
2021 → 2024
Total assets
€3k▼ 1.2%
2023 · €3k
2021: €5k
2022: €4k
2023: €3k
2021 → 2024
Net result
€-493▲ 57.7%
2023 · €-1k
2021: €-11k
2022: €-3k
2023: €-1k
2021 → 2024
Working capital
€-11k▼ 13.8%
2023 · €-10k
2021: €-9k
2022: €-10k
2023: €-10k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€-6k-€-9k▼ 53.7%€-11k▼ 12.3%€-11k▼ 4.6%
Operating result€-11k-€-3k▲ 70.7%€-1k▲ 67.1%€-451▲ 58.1%
Net result€-11k-€-3k▲ 70.3%€-1k▲ 64.8%€-493▲ 57.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €451 in 2024 against €1k in 2023; the loss shrinks.
Key figures and ratios
Debt
€14k▲
2023 · €14k
Debt ≤ 1 year
€14k▲
2023 · €13k
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 23 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3k€3k▼
Current assets29/58€3k€3k▼
Amounts receivable within one year40/41€5€9▲
Other amounts receivable41€5€9▲
Cash at bank and in hand54/58€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€3k€3k▼
Equity10/15€-11k€-11k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-16k€-16k▼
Amounts payable17/49€14k€14k▲
Amounts payable within one year42/48€13k€14k▲
Other amounts payable47/48€13k€14k▲
Accrued charges and deferred income492/3€853-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€629-
Other operating charges640/8€448€451▲
Operating profit (loss)9901€-1k€-451▲
Financial charges65/66B€86€42▼
Recurring financial charges65€86€42▼
Profit (loss) for the period before taxes9903€-1k€-493▲
Profit (loss) for the period9904€-1k€-493▲
Profit (loss) for the period to be appropriated9905€-1k€-493▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-16k▼
Profit (loss) brought forward from the previous period14P€-14k€-16k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
NBB filing
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, Oostende
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.
Albert I-Promenade 638400 OostendeGround area
658 m²
Building footprint
651 m²
Volume, LiDAR
11,002 m³
Parcel 35013A1595/04L000, Flanders · tallest building 34.9 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A1595/04L000 | Flanders | 658 m² | 1 · 650 m² | 34.9 m · 5 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.
Similar companies · same sector and region
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.