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Veggie & More

Active
Private limited companyfounded 201214 years activeBoomstraat(BOR) 104, 2880 Bornem, BelgiumKBO/BCE: BE 0846.292.138
Summary

Veggie & More has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,009 and a net result of €4,973. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 22,078 sector peers (NACE 47, fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Financials · fiscal year 2025, micro schema

Equity
€6,009▲ 480%
2024 · €1,036
Total assets
€79,526▼ 9.1%
2024 · €87,505
Net result
€4,973▼ 70.7%
2024 · €16,993
Working capital
-€3,923▲ 10.9%
2024 · -€4,401
Trend over the years

2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years

The operating result falls in 2025; 2025 is 58% below 2024.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result€8,754 2025 Net result€4,973 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€10,538-€2,761▼ 73.8%€1,668▼ 39.6%€2,827▲ 69.5%€4,573▲ 61.7%€12,535▲ 174%€20,900▲ 66.7%€8,754▼ 58.1%
Net result€3,438--€2,070-€2,689below the sector's middle half▼ 29.9%-€1,038within the sector's middle half▲ 61.4%€748within the sector's middle half€9,321within the sector's middle half▲ 1,147%€16,993within the sector's middle half▲ 82.3%€4,973within the sector's middle half▼ 70.7%
Equity-€20,228--€22,298▼ 10.2%-€24,987below the sector's middle half▼ 12.1%-€26,025below the sector's middle half▼ 4.2%-€25,278below the sector's middle half▲ 2.9%-€15,957below the sector's middle half▲ 36.9%€1,036below the sector's middle half€6,009within the sector's middle half▲ 480%
Total assets€200,362-€179,195▼ 10.6%€152,586within the sector's middle half▼ 14.8%€132,463within the sector's middle half▼ 13.2%€116,012within the sector's middle half▼ 12.4%€103,443within the sector's middle half▼ 10.8%€87,505within the sector's middle half▼ 15.4%€79,526within the sector's middle half▼ 9.1%
Debt€220,590-€201,493▼ 8.7%€177,573▼ 11.9%€158,488▼ 10.7%€141,289▼ 10.9%€119,400▼ 15.5%€86,469▼ 27.6%€73,517▼ 15.0%
Working capital-€37,947--€40,972▼ 8.0%-€29,870below the sector's middle half▲ 27.1%-€25,259below the sector's middle half▲ 15.4%-€23,679below the sector's middle half▲ 6.3%-€17,589below the sector's middle half▲ 25.7%-€4,401within the sector's middle half▲ 75.0%-€3,923within the sector's middle half▲ 10.9%
Solvency-10.1%--12.4%▼ 2.3pp-16.4%below the sector's middle half▼ 3.9pp-19.6%below the sector's middle half▼ 3.3pp-21.8%below the sector's middle half▼ 2.1pp-15.4%below the sector's middle half▲ 6.4pp1.2%below the sector's middle half▲ 16.6pp7.6%within the sector's middle half▲ 6.4pp
Current ratio0.48-0.46▼ 0.020.50below the sector's middle half▲ 0.040.55below the sector's middle half▲ 0.050.56below the sector's middle half▲ 0.010.63below the sector's middle half▲ 0.070.86within the sector's middle half▲ 0.230.89within the sector's middle half▲ 0.03
Return on assets (ROA)1.7%--1.2%▼ 2.9pp-1.8%below the sector's middle half▼ 0.6pp-0.8%within the sector's middle half▲ 1.0pp0.6%within the sector's middle half▲ 1.4pp9.0%within the sector's middle half▲ 8.4pp19.4%above the sector's middle half▲ 10.4pp6.3%within the sector's middle half▼ 13.2pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79,526
Fixed assets €49,083 ▼ 19.9%
Current assets €30,443 ▲ 16.1%
Equity and liabilities €79,526
Equity €6,009 ▲ 480%
Debt €73,517 ▼ 15.0%
Debt's share of the balance-sheet total falls from 98.8% to 92.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€20,966▼
2024 · €33,187
Cash flow
€17,185▼
2024 · €29,280
Quick ratio
0.71▲
2024 · 0.66
Debt to equity
12.24▼
2024 · 83.48
ROE
82.8%
Interest coverage
8.80▲
2024 · 7.80
Debt ≤ 1 year
€34,366▲
2024 · €30,611
Debt > 1 year
€39,151▼
2024 · €55,779
Income taxes
€1,450
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,325 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.4% went bankrupt
3.2% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,325 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€87,505€79,526▼
Fixed assets21/28€61,295€49,083▼
Tangible fixed assets22/27€61,295€49,083▼
Land and buildings22€61,295€49,083▼
Furniture and vehicles24€0-
Current assets29/58€26,210€30,443▲
Stocks and contracts in progress3€6,040€6,040=
Stocks30/36€6,040€6,040=
Amounts receivable within one year40/41€14,829€3,707▼
Trade receivables40€10,386€2,714▼
Other amounts receivable41€4,443€993▼
Cash at bank and in hand54/58€4,736€6,739▲
Deferred charges and accrued income490/1€605€13,957▲
Equity and liabilities
Total equity and liabilities10/49€87,505€79,526▼
Equity10/15€1,036€6,009▲
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€5,164-€191▲
Amounts payable17/49€86,469€73,517▼
Amounts payable after more than one year17€55,779€39,151▼
Financial debts170/4€55,779€39,151▼
Amounts payable within one year42/48€30,611€34,366▲
Current portion of amounts payable after more than one year42€16,171€16,628▲
Trade debts44€3,577€5,060▲
Suppliers440/4€3,577€5,060▲
Advances received on contracts in progress46-€3,284
Taxes, remuneration and social security45€10,863€3,895▼
Taxes450/3€9,158€3,895▼
Remuneration and social security454/9€1,705€0▼
Other amounts payable47/48-€5,500
Accrued charges and deferred income492/3€79€0▼
Income statement Code20242025
Non-recurring operating income76A-€13,719
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,288€12,212▼
Other operating charges640/8€2,995€3,287▲
Gross operating margin9900€36,182€24,253▼
Operating profit (loss)9901€20,900€8,754▼
Financial income75/76B€347€51▼
Recurring financial income75€347€51▼
Financial charges65/66B€4,254€2,382▼
Recurring financial charges65€4,254€2,382▼
Profit (loss) for the period before taxes9903€16,993€6,423▼
Income taxes67/77-€1,450
Profit (loss) for the period9904€16,993€4,973▼
Profit (loss) for the period to be appropriated9905€16,993€4,973▼
Appropriation of the result
Profit (loss) to be appropriated9906-€5,164-€191▲
Profit (loss) brought forward from the previous period14P-€22,157-€5,164▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-------€13,719-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,519€21,007€21,007€21,135€16,127€12,495€12,288€12,212▼ 0.6%
Other operating charges640/8---€2,059€2,521€2,482€2,995€3,287▲ 9.7%
Gross operating margin9900€35,905€26,001€24,839€26,021€23,221€27,512€36,182€24,253▼ 33.0%
Operating profit (loss)9901€10,538€2,761€1,668€2,827€4,573€12,535€20,900€8,754▼ 58.1%
Financial income75/76B---€46€72€164€347€51▼ 85.3%
Recurring financial income75€70€12€5€46€72€164€347€51▼ 85.3%
Financial charges65/66B---€3,911€3,897€3,378€4,254€2,382▼ 44.0%
Recurring financial charges65€6,010€4,909€4,362€3,911€3,897€3,378€4,254€2,382▼ 44.0%
Profit (loss) for the period before taxes9903€3,438-€2,136-€2,689-€1,038€748€9,321€16,993€6,423▼ 62.2%
Income taxes67/77--€66-----€1,450-
Profit (loss) for the period9904€3,438-€2,070-€2,689-€1,038€748€9,321€16,993€4,973▼ 70.7%
Profit (loss) for the period to be appropriated9905€3,438-€2,070-€2,689-€1,038€748€9,321€16,993€4,973▼ 70.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€200,362€179,195€152,586€132,463€116,012€103,443€87,505€79,526▼ 9.1%
Formation expenses20€1,424€1,007€590€174-----
Fixed assets21/28€163,319€142,729€122,138€102,031€86,078€73,583€61,295€49,083▼ 19.9%
Tangible fixed assets22/27€163,319€142,729€122,138€102,031€86,078€73,583€61,295€49,083▼ 19.9%
Land and buildings22---€97,930€85,719€73,507€61,295€49,083▼ 19.9%
Plant, machinery and equipment23---€3,617€80----
Furniture and vehicles24---€483€280€76€0--
Current assets29/58€35,619€35,460€29,857€30,258€29,934€29,861€26,210€30,443▲ 16.1%
Stocks and contracts in progress3€12,220€13,188€11,092€10,515€8,995€6,040€6,040€6,040=
Stocks30/36---€10,515€8,995€6,040€6,040€6,040=
Amounts receivable within one year40/41€17,890€20,001€10,725€12,582€18,440€17,546€14,829€3,707▼ 75.0%
Trade receivables40---€1,487€6,585€7,955€10,386€2,714▼ 73.9%
Other amounts receivable41---€11,095€11,855€9,591€4,443€993▼ 77.6%
Cash at bank and in hand54/58€4,957€1,478€7,701€6,244€2,464€6,015€4,736€6,739▲ 42.3%
Deferred charges and accrued income490/1---€917€34€259€605€13,957▲ 2,206%
Equity and liabilities
Total equity and liabilities10/49€200,362€179,195€152,586€132,463€116,012€103,443€87,505€79,526▼ 9.1%
Equity10/15-€20,228-€22,298-€24,987-€26,025-€25,278-€15,957€1,036€6,009▲ 480%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€26,428-€28,498-€31,187-€32,225-€31,478-€22,157-€5,164-€191▲ 96.3%
Amounts payable17/49€220,590€201,493€177,573€158,488€141,289€119,400€86,469€73,517▼ 15.0%
Amounts payable after more than one year17€147,024€125,061€117,845€102,971€87,677€71,950€55,779€39,151▼ 29.8%
Financial debts170/4---€102,971€87,677€71,950€55,779€39,151▼ 29.8%
Amounts payable within one year42/48€73,566€76,432€59,727€55,517€53,612€47,450€30,611€34,366▲ 12.3%
Current portion of amounts payable after more than one year42---€14,874€15,294€15,727€16,171€16,628▲ 2.8%
Trade debts44€42,221€50,218€42,913€40,643€37,299€26,614€3,577€5,060▲ 41.5%
Suppliers440/4---€40,643€37,299€26,614€3,577€5,060▲ 41.5%
Advances received on contracts in progress46-------€3,284-
Taxes, remuneration and social security45----€1,019€5,110€10,863€3,895▼ 64.1%
Taxes450/3----€1,019€3,430€9,158€3,895▼ 57.5%
Remuneration and social security454/9-----€1,680€1,705€0▼ 100%
Other amounts payable47/48-------€5,500-
Accrued charges and deferred income492/3------€79€0▼ 100%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€3,438-€2,070-€2,689-€1,038€748€9,321€16,993€4,973▼ 70.7%
+ Depreciation and write-downs630€23,519€21,007€21,007€21,135€16,127€12,495€12,288€12,212▼ 0.6%
Operating cash flow (approximation)€26,956€18,938€18,318€20,097€16,874€21,816€29,280€17,185▼ 41.3%
Investment in fixed assets (approximation)--€417-€417-€1,028-€174€0€0€0-
Change in cash--€3,479€6,224-€1,457-€3,780€3,550-€1,279€2,003▲ 257%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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