VENCODI
ActiveVENCODI has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.09M and a net result of €125k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 13270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+14
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 54.73; short-term debt: 1.8% and cash: 6.9% of total assets), and 1.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.2%
Return on assets
11.2%
Age of the figures
9 mo
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
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
28 d late
2024
41 d early
2023
34 d early
2022
37 d early
2021
22 d early
2020
4 d early
2019
41 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.09M▲ 12.9%
2024 · €965k
2019: €191k
2020: €322k
2021: €587k
2022: €847k
2023: €961k
2024: €965k
2019 → 2025
Total assets
€1.11M▲ 14.1%
2024 · €972k
2019: €607k
2020: €670k
2021: €897k
2022: €1.07M
2023: €995k
2024: €972k
2019 → 2025
Net result
€125k▲ 3,726%
2024 · €3k
2019: €185k
2020: €131k
2021: €265k
2022: €260k
2023: €114k
2024: €3k
2019 → 2025
Working capital
€1.08M▲ 14.5%
2024 · €942k
2019: €-49k
2020: €31k
2021: €229k
2022: €471k
2023: €552k
2024: €942k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€587k-€847k▲ 44.3%€961k▲ 13.5%€965k▲ 0.3%€1.09M▲ 12.9%
Operating result€392k-€360k▼ 8.2%€174k▼ 51.6%€8k▼ 95.6%€126k▲ 1,556%
Net result€265k-€260k▼ 1.9%€114k▼ 56.0%€3k▼ 97.1%€125k▲ 3,726%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,556% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.11M
Fixed assets
€10k▼ 53.3%
Current assets
€1.10M▲ 15.7%
Equity and liabilities €1.11M
Equity
€1.09M▲ 12.9%
Debt
€20k▲ 161%
The debt ratio rises from 0.8% to 1.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€138k▲
2024 · €20k
Cash flow
€137k▲
2024 · €15k
Solvency
98.2%▼
2024 · 99.2%
Current ratio
54.73
Quick ratio
54.73
Debt / equity
0.02▲
2024 · 0.01
ROE
11.5%▲
2024 · 0.3%
ROA
11.2%▲
2024 · 0.3%
Interest coverage
410.70▲
2024 · 28.61
Debt
€20k▲
2024 · €8k
Debt ≤ 1 year
€20k▲
2024 · €8k
Income taxes
€18k▲
2024 · €4k
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€972k€1.11M▲
Fixed assets21/28€22k€10k▼
Tangible fixed assets22/27€22k€10k▼
Plant, machinery and equipment23€247-
Furniture and vehicles24€22k€10k▼
Current assets29/58€950k€1.10M▲
Amounts receivable within one year40/41€258k€343k▲
Trade receivables40€16k€28k▲
Other amounts receivable41€242k€315k▲
Current investments50/53€680k€680k=
Cash at bank and in hand54/58€12k€76k▲
Equity and liabilities
Total equity and liabilities10/49€972k€1.11M▲
Equity10/15€965k€1.09M▲
Contributions10/11€6k€6k=
Reserves13€958k€1.08M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€957k€1.08M▲
Amounts payable17/49€8k€20k▲
Amounts payable within one year42/48€8k€20k▲
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€674€17k▲
Taxes450/3€674€17k▲
Other amounts payable47/48€3k€2k▼
Income statement
Code20242025
Non-recurring operating income76A-€175k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▼
Other operating charges640/8€316€965▲
Gross operating margin9900€20k€139k▲
Operating profit (loss)9901€8k€126k▲
Financial income75/76B-€17k
Recurring financial income75-€17k
Financial charges65/66B€682€337▼
Recurring financial charges65€682€337▼
Profit (loss) for the period before taxes9903€7k€143k▲
Income taxes67/77€4k€18k▲
Profit (loss) for the period9904€3k€125k▲
Profit (loss) for the period to be appropriated9905€3k€125k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€125k▲
Transfer to equity691/2€3k€125k▲
To other reserves6921€3k€125k▲
The notes to these accounts (4 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 · micro schema · 28 days late
2025
31-12
Financial
Equity above €1MEq €1.09M ▲12.9%
7 profitable years in a row build equity to €1.09M.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €3k ▼97.1%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 7current ratio 123.71
Current ratio from 17.38 to 123.71; short-term debt falls from €34k to €8k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 6current ratio 17.38
Current ratio from 3.10 to 17.38; short-term debt falls from €225k to €34k.
24-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €265k ▲103%
Operating result €392k, net result €265k, both a record.
31-12
Financial
Equity above €500kEq €587k ▲82.4%
3 profitable years in a row build equity to €587k.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €322k ▲68.3%
2 profitable years in a row build equity to €322k.
20-06
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, Sint-Pieters-Leeuw · 1 establishment unit since 2018
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.
Brusselbaan 421600 Sint-Pieters-LeeuwGround area
227 m²
Building footprint
104 m²
Volume, LiDAR
1,046 m³
Parcel 23077A0039/00E003, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Brusselbaan 42, 1600 Sint-Pieters-Leeuw
since 20182.275.004.544
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0039/00E003 | Flanders | 227 m² | 1 · 104 m² | 12.8 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.
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 1,141 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-2018
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.