VESTA
ActiveSummary
VESTA has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2016 annual accounts show negative equity (-€704,334) and a net result of €41,986. Equity is shrinking by ~12.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2016 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2016 · tick = 2015
Profitability23▲+23
Solvency0=
Growth38▲+13
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2016Solvency, return and age of the figures
Solvency
-215%
Return on assets
12.8%
Age of the figures
117 mo
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
neutral · No filing for years
The last filed financial year closed on 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 9 filingsPosition against the passed deadline
31-12-2017 close31-07-2018 deadline28-09-2026 today
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 07-08-2017, 7 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2016, abbreviated schema
Turnover
€619,805▼ 22.9%
2015 · €804,352
EBIT margin
-156.4%▼ 139.6pp
2015 · -16.9%
Net result
€41,986
2015 · -€155,256
Working capital
-€728,949▲ 6.4%
2015 · -€778,801
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20122013201420152016
Turnover€994,909-€856,648▼ 13.9%€826,737▼ 3.5%€804,352▼ 2.7%€619,805▼ 22.9%
Operating result-€79,061--€118,422▼ 49.8%-€40,798▲ 65.5%-€135,633▼ 232%-€969,563▼ 615%
Net result-€82,303--€119,012▼ 44.6%-€41,516▲ 65.1%-€155,256▼ 274%€41,986
EBIT margin-7.9%--13.8%▼ 5.9pp-4.9%▲ 8.9pp-16.9%▼ 11.9pp-156.4%▼ 139.6pp
Equity-€430,535--€549,547▼ 27.6%-€591,064▼ 7.6%-€746,319▼ 26.3%-€704,334▲ 5.6%
Total assets€313,791-€271,104▼ 13.6%€273,310▲ 0.8%€216,540▼ 20.8%€327,576▲ 51.3%
Debt€744,326-€820,651▲ 10.3%€864,373▲ 5.3%€962,859▲ 11.4%€1.0m▲ 7.2%
Working capital-€408,545--€566,602▼ 38.7%-€638,614▼ 12.7%-€778,801▼ 22.0%-€728,949▲ 6.4%
Staff (FTE)17.9-16.6▼ 7.3%16.4▼ 1.2%17.2▲ 4.9%15.3▼ 11.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €969,563 in 2016 against €135,633 in 2015; the loss grows and 2016 has the lowest result in the available series.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €327,576
Fixed assets
€72,859 ▼ 13.4%
Current assets
€254,717 ▲ 92.4%
Key figures and ratios
EBITDA
-€955,301▼
2015 · -€122,731
Cash flow
€56,248▲
2015 · -€142,354
Solvency
-215.0%▲
2015 · -344.7%
Current ratio
0.26▲
2015 · 0.15
Quick ratio
0.26▲
2015 · 0.14
ROA
12.8%▲
2015 · -71.7%
Interest coverage
-46.82▲
2015 · -272.65
Debt ≤ 1 year
€983,666▲
2015 · €911,212
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €994,909 | €856,648 | €826,737 | €804,352 | €619,805 | ▼ 22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,437 | €10,205 | €15,047 | €12,902 | €14,262 | ▲ 10.5% |
| Gross operating margin9900 | €750,420 | €595,460 | €686,412 | - | - | - |
| Operating profit (loss)9901 | -€79,061 | -€118,422 | -€40,798 | -€135,633 | -€969,563 | ▼ 615% |
| Recurring financial income75 | €684 | €473 | €167 | €3 | €0 | ▼ 96.1% |
| Recurring financial charges65 | €1,511 | €1,063 | €884 | €649 | €20,482 | ▲ 3,055% |
| Debt charges650 | - | - | - | €450 | €20,404 | ▲ 4,433% |
| Profit (loss) for the period before taxes9903 | -€79,888 | -€119,012 | -€41,516 | -€136,279 | -€990,044 | ▼ 626% |
| Profit (loss) for the period9904 | -€82,303 | -€119,012 | -€41,516 | -€155,256 | €41,986 | ▲ 127% |
| Profit (loss) for the period to be appropriated9905 | - | -€119,012 | -€41,516 | -€155,256 | €41,986 | ▲ 127% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €313,791 | €271,104 | €273,310 | €216,540 | €327,576 | ▲ 51.3% |
| Formation expenses20 | - | - | €969 | €537 | €105 | ▼ 80.4% |
| Fixed assets21/28 | €59,049 | €82,627 | €110,668 | €84,129 | €72,859 | ▼ 13.4% |
| Intangible fixed assets21 | €49,816 | €41,415 | €33,015 | €27,726 | €19,210 | ▼ 30.7% |
| Tangible fixed assets22/27 | €4,254 | €36,233 | €71,705 | €50,886 | €48,565 | ▼ 4.6% |
| Financial fixed assets28 | €4,979 | €4,979 | €4,979 | €4,979 | €4,979 | = |
| Current assets29/58 | €254,742 | €188,477 | €162,641 | €132,411 | €254,717 | ▲ 92.4% |
| Stocks and contracts in progress3 | €2,082 | €2,670 | €2,225 | €3,286 | €2,737 | ▼ 16.7% |
| Amounts receivable within one year40/41 | €197,863 | €131,738 | €159,248 | €122,731 | €247,872 | ▲ 102% |
| Cash at bank and in hand54/58 | €52,756 | €53,405 | €633 | €18 | €383 | ▲ 2,029% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €313,791 | €271,104 | €273,310 | €216,540 | €327,576 | ▲ 51.3% |
| Equity10/15 | -€430,535 | -€549,547 | -€591,064 | -€746,319 | -€704,334 | ▲ 5.6% |
| Profit (loss) carried forward14 | -€430,535 | -€549,547 | -€591,064 | -€746,319 | -€704,334 | ▲ 5.6% |
| Amounts payable17/49 | €744,326 | €820,651 | €864,373 | €962,859 | €1.0m | ▲ 7.2% |
| Amounts payable after more than one year17 | €32,829 | €28,306 | €22,523 | €18,672 | - | - |
| Amounts payable within one year42/48 | €663,287 | €755,079 | €801,255 | €911,212 | €983,666 | ▲ 8.0% |
| Trade debts44 | €50,715 | €76,931 | €124,191 | €67,902 | €838,036 | ▲ 1,134% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€82,303 | -€119,012 | -€41,516 | -€155,256 | €41,986 | ▲ 127% |
| + Depreciation and write-downs630 | €9,437 | €10,205 | €15,047 | €12,902 | €14,262 | ▲ 10.5% |
| Operating cash flow (approximation) | -€72,866 | -€108,807 | -€26,469 | -€142,354 | €56,248 | ▲ 140% |
| Investment in fixed assets (approximation) | - | -€33,783 | -€43,088 | €13,638 | -€2,992 | ▼ 122% |
| Change in cash | - | €649 | -€52,771 | -€615 | €365 | ▲ 159% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
2016
31-12
Financial
Back to profitnet €41,986
Net result €41,986 after 4 loss-making years.
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-12
Financial
Weakest financial yearnet -€155,256
Net result drops to -€155,256, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
09-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
01-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
23-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
12-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
19-07
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
16-07
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
13 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, Wommelgem
Ground area
6,010 m²
Building footprint
2,107 m²
Volume, LiDAR
20,576 m³
Parcel 11052C0025/00N002, Flanders · tallest building 18.0 m, ±3 floors. Linked by address, not a title deed.
25
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0025/00N002 | Flanders | 6,010 m² | 1 · 2,107 m² | 18.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Care and welfare
1 service · 0 liveResidentie Rozendal
Identification & contact
Identification
Legal formNon-profit association
Founded14-05-2008
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.