VENAX
ActiveSummary
VENAX has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €190k and a net result of €-67k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 76% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-68
Solvency98▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.56 against 4.45 in 2023; short-term debt: 27.2% and cash: 94.4% of total assets), and 27.2% of the assets are financed with debt.
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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
72.8%
Return on assets
-25.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-67k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
21 d early
2022
27 d early
2021
29 d early
2020
36 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€190k▼ 26.0%
2023 · €258k
2018: €158k
2019: €200k
2020: €241k
2021: €273k
2022: €258k
2023: €258k
2018 → 2024
Total assets
€262k▼ 20.2%
2023 · €328k
2018: €167k
2019: €209k
2020: €257k
2021: €293k
2022: €329k
2023: €328k
2018 → 2024
Net result
€-67k▼ 8,326%
2023 · €-795
2018: €43k
2019: €42k
2020: €42k
2021: €32k
2022: €33k
2023: €-795
2018 → 2024
Working capital
€182k▼ 24.7%
2023 · €242k
2018: €145k
2019: €189k
2020: €225k
2021: €259k
2022: €247k
2023: €242k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€241k-€273k▲ 13.3%€258k▼ 5.5%€258k▼ 0.3%€190k▼ 26.0%
Operating result€66k-€55k▼ 17.5%€55k▲ 1.1%€-200€-67k▼ 33,498%
Net result€42k-€32k▼ 22.6%€33k▲ 1.4%€-795€-67k▼ 8,326%
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 €67k in 2024 against €200 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €262k
Fixed assets
€8k ▼ 46.3%
Current assets
€253k ▼ 18.9%
Equity and liabilities €262k
Equity
€190k ▼ 26.0%
Debt
€71k ▲ 1.3%
Debt's share of the balance-sheet total rises from 21.4% to 27.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-60k▼
2023 · €7k
Cash flow
€-60k▼
2023 · €7k
Current ratio
3.56▼
2023 · 4.45
Debt to equity
0.37▲
2023 · 0.27
ROE
-35.2%▼
2023 · -0.3%
ROA
-25.6%▼
2023 · -0.2%
Interest coverage
-67.22▼
2023 · 8.64
Debt ≤ 1 year
€71k▲
2023 · €70k
Income taxes
€482▲
2023 · €151
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 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€328k€262k▼
Fixed assets21/28€15k€8k▼
Tangible fixed assets22/27€15k€8k▼
Plant, machinery and equipment23€2k€772▼
Furniture and vehicles24€13k€7k▼
Financial fixed assets28€99€99=
Current assets29/58€313k€253k▼
Amounts receivable within one year40/41€22k€3k▼
Trade receivables40€115€1k▲
Other amounts receivable41€22k€2k▼
Cash at bank and in hand54/58€288k€247k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€328k€262k▼
Equity10/15€258k€190k▼
Contributions10/11€19k€19k=
Reserves13€227k€227k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€227k€227k=
Profit (loss) carried forward14€12k€-55k▼
Amounts payable17/49€70k€71k▲
Amounts payable within one year42/48€70k€71k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€3€3=
Taxes450/3€3€3=
Other amounts payable47/48€69k€70k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€693€705▲
Gross operating margin9900€8k€-59k▼
Operating profit (loss)9901€-200€-67k▼
Financial income75/76B€400€1k▲
Recurring financial income75€400€1k▲
Financial charges65/66B€845€893▲
Recurring financial charges65€845€893▲
Profit (loss) for the period before taxes9903€-645€-67k▼
Income taxes67/77€151€482▲
Profit (loss) for the period9904€-795€-67k▼
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€-795€-67k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€-55k▼
Profit (loss) brought forward from the previous period14P€13k€12k▼
Transfer from equity791/2€0-
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-67k
Net result drops to €-67k, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-12
Financial
Equity above €200kEq €241k ▲20.8%
3 profitable years in a row build equity to €241k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2001
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.
Lange Beeldekensstraat 172060 AntwerpenGround area
230 m²
Building footprint
144 m²
Volume, LiDAR
1,128 m³
Parcel 11805E0534/00W002, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Lange Beeldekensstraat 17, 2060 Antwerpen
since 20012.116.287.305
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11805E0534/00W002 | Flanders | 230 m² | 1 · 144 m² | 11.2 m · 3 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, comparable size
LEROY
BE 0473.038.613
Buggenhout · Eq €190,544
AV GROUP
BE 0475.757.977
Villers-le-Bouillet · Eq €191,003
V.D.L. SERVICE
BE 0447.176.730
Hasselt · Eq €189,190
CASH CONVERTERS BELGIUM CORPORATE
BE 0889.849.690
Braine-l'Alleud · Eq €192,204
VERBATCO
BE 0473.143.531
Kapellen · Eq €193,863
Of 977 companies in sector 46431 we hold annual accounts for 705. 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
Founded20-03-2001
Fiscal year end31-12
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.