Financials
- Fiscal year
- 2025
- Total assets
- €52,278
- Loss
- -€18,407
- Solvency
- 57.6%
VEST24
ActiveSummary
VEST24 has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,112 and a net result of -€18,407. Its solvency ranks better than 63% of 12348 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Activity
Wholesale trade
NACE 46110
1 site
Size
€52,278total assets 2025
- Equity
- €30,112
- Loss
- -€18,407
Turnover not published (abridged schema)
Structure
Accounts filed 60 d late0 of 1 deed read
Why 66- Founded in 2024- Latest accounts 60 days late; 1 of the last 3 late+ Liquidity: current ratio 1.83, cash €24,066+ Equity €30,112 (57.6% of total assets)Show the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 55% of its sector peers (all companies)
Performance against the sector, not lower risk
Financial strength
Average
Solvency
83
equity 57.6% of total assets
Liquidity
80
short-term debt 42.4% · cash 46.0%
Profitability
0
return on assets -35.2%
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 12 months
11-2025: 2.7%
12-2025: 2.6%▼ -3.2% vs 11-2025
01-2026: 2.6%▲ +0.2% vs 12-2025
02-2026: 2.9%▲ +12.0% vs 01-2026
03-2026: 2.9%● 0.0% vs 02-2026
04-2026: 2.9%▲ +1.1% vs 03-2026highest value
05-2026: 2.9%● 0.0% vs 04-2026highest value
06-2026: 2.9%● 0.0% vs 05-2026highest value
07-2026: 2.9%● 0.0% vs 06-2026highest value
08-2026: 2.9%● 0.0% vs 07-2026highest value
09-2026: 2.9%▼ -1.3% vs 08-2026
10-2026: 1.1%▼ -62.3% vs 09-2026lowest value
- Liquidity: current ratio 1.83, cash €24,066 lowers the probability
- Founded in 2024 raises the probability for this profile
- Latest accounts 60 days late; 1 of the last 3 late raises the probability
- Equity €30,112 (57.6% of total assets) lowers the probability
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 1.83; short-term debt: 42.4% and cash: 46% of total assets), and 42.4% 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 (all companies). Better than this share of them on solvency 72%, liquidity 88%, profitability 4%. 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+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
60 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
- 29-09-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale tradeNACE 46110
- Founded
- 05-03-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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