VEGANSA
ActiveSummary
The computed 12-month bankruptcy probability of VEGANSA is 2.7% (moderate). The 2024 annual accounts show equity of €119k and a net result of €10k. Equity is growing by ~47.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 1633 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
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-21
Solvency77▲+8
Growth78=
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 2.34 against 1.94 in 2023; short-term debt: 31.4% and cash: 12.8% of total assets), and 48.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-12-2025, 123 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
123 d late
2023
63 d late
2022
30 d late
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€119k▲ 9.1%
2023 · €109k
2021: €13k
2022: €57k
2023: €109k
2021 → 2024
Total assets
€230k▼ 6.4%
2023 · €246k
2021: €42k
2022: €125k
2023: €246k
2021 → 2024
Net result
€10k▼ 80.9%
2023 · €52k
2021: €7k
2022: €44k
2023: €52k
2021 → 2024
Working capital
€97k▲ 17.1%
2023 · €83k
2021: €2k
2022: €43k
2023: €83k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€13k-€57k▲ 331%€109k▲ 90.0%€119k▲ 9.1%
Operating result€8k-€55k▲ 580%€67k▲ 21.9%€17k▼ 74.3%
Net result€7k-€44k▲ 503%€52k▲ 17.3%€10k▼ 80.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 74% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €230k
Fixed assets
€61k ▼ 18.4%
Current assets
€169k ▼ 1.1%
Equity and liabilities €230k
Equity
€119k ▲ 9.1%
Debt
€112k ▼ 18.6%
Debt's share of the balance-sheet total falls from 55.8% to 48.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▼
2023 · €82k
Cash flow
€32k▼
2023 · €66k
Current ratio
2.34▲
2023 · 1.94
Debt to equity
0.94▼
2023 · 1.26
ROE
8.3%▼
2023 · 47.4%
ROA
4.3%▼
2023 · 21.0%
Interest coverage
9.36▼
2023 · 31.59
Debt ≤ 1 year
€72k▼
2023 · €88k
Debt > 1 year
€39k▼
2023 · €49k
Income taxes
€3k▼
2023 · €13k
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 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€246k€230k▼
Fixed assets21/28€75k€61k▼
Intangible fixed assets21€42k€39k▼
Tangible fixed assets22/27€33k€22k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€400€88▼
Leasing and similar rights25€30k€21k▼
Current assets29/58€171k€169k▼
Amounts receivable within one year40/41€125k€140k▲
Trade receivables40€10k€3k▼
Other amounts receivable41€116k€137k▲
Cash at bank and in hand54/58€46k€29k▼
Equity and liabilities
Total equity and liabilities10/49€246k€230k▼
Equity10/15€109k€119k▲
Contributions10/11€6k€6k=
Reserves13€103k€113k▲
Distributable reserves133€103k€113k▲
Amounts payable17/49€137k€112k▼
Amounts payable after more than one year17€49k€39k▼
Financial debts170/4€49k€39k▼
Amounts payable within one year42/48€88k€72k▼
Current portion of amounts payable after more than one year42€9k€10k▲
Trade debts44€7k€14k▲
Suppliers440/4€7k€14k▲
Taxes, remuneration and social security45€35k€14k▼
Taxes450/3€32k€11k▼
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€37k€35k▼
Income statement
Code20232024
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€22k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€84k€42k▼
Operating profit (loss)9901€67k€17k▼
Financial income75/76B€37€35▼
Recurring financial income75€37€35▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€65k€13k▼
Income taxes67/77€13k€3k▼
Profit (loss) for the period9904€52k€10k▼
Profit (loss) for the period to be appropriated9905€52k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€10k▼
Transfer to equity691/2€52k€10k▼
To other reserves6921€52k€10k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 123 days late
2024
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
2023
31-12
Financial
Highest result since 2021net €52k ▲17.3%
Operating result €67k, net result €52k, both a record.
31-12
Financial
Equity above €100kEq €109k ▲90%
3 profitable years in a row build equity to €109k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wevelgem · 2 establishment units since 2020
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.
Ambachtenlaan 108560 WevelgemGround area
5,471 m²
Building footprint
2,806 m²
Volume, LiDAR
22,770 m³
3 parcels, Flanders · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
VEGANSA
since 20202.310.326.501
VEGANSA
since 20232.346.734.361
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34029B0517/00N002 | Flanders | 4,461 m² | 1 · 2,572 m² | 9.5 m · 3 fl. |
| 44804D2200/00D000 | Flanders | 956 m² | 1 · 199 m² | 13.4 m · 3 fl. |
| 44815F1140/00B000 | Flanders | 54 m² | 1 · 34 m² | 14.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.346.734.361
Similar companies · same sector, comparable size
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ZYMO
BE 0674.813.261
Antwerpen · Eq €119,439
Vostec
BE 0688.995.057
Merelbeke-Melle · Eq €117,348
Arno Croisier
BE 0770.652.330
Menen · Eq €117,030
JW CONSTRUCT INTERIEUR
BE 0843.697.882
Alken · Eq €116,763
Of 1,225 companies in sector 33200 we hold annual accounts for 676. 537 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.