VEDASTUS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €126k and a net result of €-888. Equity is growing by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 67% of 5521 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 7 filingsDeviation from the deadline
2025
28 d late
2024
31 d early
2023
30 d late
2022
30 d late
2021
17 d early
2020
25 d early
2019
24 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€126k▼ 0.7%
2024 · €127k
2019: €7k
2020: €34k
2021: €60k
2022: €82k
2023: €103k
2024: €127k
2019 → 2025
Net result
€-888
2024 · €24k
2019: €-6k
2020: €27k
2021: €26k
2022: €22k
2023: €21k
2024: €24k
2019 → 2025
Total assets
€179k▼ 5.6%
2024 · €190k
2019: €153k
2020: €154k
2021: €161k
2022: €174k
2023: €189k
2024: €190k
2019 → 2025
Solvency
70.5%▲ 3.5pp
2024 · 67.0%
2019: 4.5%
2020: 21.8%
2021: 37.0%
2022: 47.2%
2023: 54.7%
2024: 67.0%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€82k▲ 37.5%€103k▲ 25.7%€127k▲ 23.0%€126k▼ 0.7%
Operating result€-2k-€-2k▼ 11.6%€-4k▼ 60.8%€-3k▲ 27.8%€-822▲ 70.9%
Net result€26k-€22k▼ 14.2%€21k▼ 5.8%€24k▲ 12.6%€-888
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €822 in 2025 against €3k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €179k
Fixed assets
€149k=
Current assets
€30k▼ 26.1%
Equity and liabilities €179k
Equity
€126k▼ 0.7%
Debt
€53k▼ 15.5%
The debt ratio falls from 33.0% to 29.5%. Equity and debt are lower.
Key figures and ratios
Solvency
70.5%▲
2024 · 67.0%
ROE
-0.7%▼
2024 · 18.7%
ROA
-0.5%▼
2024 · 12.5%
Debt
€53k▼
2024 · €63k
Debt ≤ 1 year
€53k▼
2024 · €63k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€190k€179k▼
Fixed assets21/28€149k€149k=
Financial fixed assets28€149k€149k=
Current assets29/58€41k€30k▼
Amounts receivable within one year40/41€41k€30k▼
Other amounts receivable41€41k€30k▼
Cash at bank and in hand54/58€102€63▼
Equity and liabilities
Total equity and liabilities10/49€190k€179k▼
Equity10/15€127k€126k▼
Contributions10/11€12k€12k=
Reserves13€115k€114k▼
Distributable reserves133€115k€114k▼
Amounts payable17/49€63k€53k▼
Amounts payable within one year42/48€63k€53k▼
Trade debts44€513€39▼
Suppliers440/4€513€39▼
Taxes, remuneration and social security45-€750
Taxes450/3-€750
Other amounts payable47/48€62k€52k▼
Income statement
Code20242025
Other operating charges640/8€126€128▲
Gross operating margin9900€-3k€-694▲
Operating profit (loss)9901€-3k€-822▲
Financial income75/76B€27k-
Recurring financial income75€27k-
Financial charges65/66B€235€65▼
Recurring financial charges65€235€65▼
Profit (loss) for the period before taxes9903€24k€-888▼
Profit (loss) for the period9904€24k€-888▼
Profit (loss) for the period to be appropriated9905€24k€-888▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€-888▼
Transfer from equity791/2-€888
Transfer to equity691/2€24k-
To other reserves6921€24k-
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €100kEq €103k ▲25.7%
4 profitable years in a row build equity to €103k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 1.03
Current ratio from 0.35 to 1.03; short-term debt falls from €36k to €25k.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Damme · 1 establishment unit since 2019
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.
Koolkerkesteenweg 188340 DammeGround area
1,044 m²
Building footprint
145 m²
Volume, LiDAR
710 m³
Parcel 31023D0085/00R000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VEDASTUS
since 20192.288.676.495
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31023D0085/00R000 | Flanders | 1,044 m² | 1 · 145 m² | 7.6 m · 2 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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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 12,906 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-04-2019
Fiscal year end31-12
Activities, NACEBEL
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.