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VEGAN

Active
Private limited company (pre-2019)founded 200619 yrs activeVijfseweg 132, 8790 Waregem, BelgiumKBO/BCE: BE 0885.823.695
Summary

VEGAN has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168,584 and a net result of €45,796. Equity is shrinking by ~5.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€235,823total assets 2025
Equity
€168,584
Profit
€45,796
Turnover not published (abridged schema)
Financial health
95 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts 134 d early0 of 4 deeds read
Why 95+ Size: total assets €235,823+ Liquidity: current ratio 2.52, cash €54,179+ Equity €168,584 (71.5% of total assets)+ Founded in 2006Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Better than 58% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 96-4
equity 71.5% of total assets
Liquidity 67-33
short-term debt 28.5% · cash 23.0%
Profitability 93-4
return on assets 19.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 10 months 01-2026: < 0.1%lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: 0.1%▲ +23.8% vs 03-2026highest value 05-2026: 0.1%● 0.0% vs 04-2026highest value 06-2026: 0.1%● 0.0% vs 05-2026highest value 07-2026: 0.1%● 0.0% vs 06-2026highest value 08-2026: 0.1%● 0.0% vs 07-2026highest value 09-2026: 0.1%● 0.0% vs 08-2026highest value 10-2026: 0.1%● 0.0% vs 09-2026highest value
  • Size: total assets €235,823 lowers the probability for this profile
  • Liquidity: current ratio 2.52, cash €54,179 lowers the probability
  • Equity €168,584 (71.5% of total assets) lowers the probability
  • Founded in 2006 lowers the probability for this profile
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 2.52 against 14.01 in 2024; short-term debt: 28.5% and cash: 23% of total assets), and 28.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 60%, liquidity 63%, profitability 76%, growth against the median 32%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Size: total assets €235,823
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.52, cash €54,179
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €168,584 (71.5% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 2006
In the bankruptcy model this factor lowers the probability for this profile.
KBO
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 19-03-2026, 134 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
134 d early
2024
51 d early
2023
2 d late
2022
46 d early
2021
101 d early
2020
54 d early
2019
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 59 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 10 June (4 of the last 5 filed years within 54 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Highest result since 2018net €45,796 ▲10%
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: 5 profitable years in a rowprofit 2025: €45,796 5 years View
  • Total assets 20256 fiscal years filed €235,823 View
  • Active since 2006founded 20-12-2006 19 years View

By topic

Financials

Fiscal year
2025
Total assets
€235,823
Profit
€45,796
Solvency
71.5%
Total assets▲ 28.0%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 19-03-2026Annual accounts filed
  2. 31-12-2025Highest result since 2018
  3. 10-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
20-12-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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