VESTACULTURE
ActiveThe computed 12-month bankruptcy probability of VESTACULTURE is 3.0% (moderate). The annual accounts of VESTACULTURE for fiscal year 2025 show a net loss of 69% of the equity at the start of that year. The 2025 annual accounts show equity of €17k and a net result of €-29k. Equity is growing by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 19% of 4462 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-11
Solvency35▼-15
Growth52=
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.56 against 0.72 in 2024; short-term debt: 88.2% and cash: 23.8% of total assets), and 89.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
+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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
10.4%
Return on assets
-17.7%
Age of the figures
12 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-29k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 4462 sector peers (2025).
NBB · sector comparisonPosition among 4462 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
13 d early
2024
on the day
2023
on the day
2022
on the day
2021
2 d early
2020
30 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k▼ 59.2%
2024 · €42k
2018: €7k
2019: €8k
2020: €13k
2021: €29k
2022: €51k
2023: €52k
2024: €42k
2018 → 2025
Total assets
€164k▼ 4.1%
2024 · €171k
2018: €62k
2019: €72k
2020: €86k
2021: €127k
2022: €178k
2023: €195k
2024: €171k
2018 → 2025
Net result
€-29k▼ 182%
2024 · €-10k
2018: €6k
2019: €1k
2020: €15k
2021: €16k
2022: €22k
2023: €1k
2024: €-10k
2018 → 2025
Working capital
€-64k▼ 82.4%
2024 · €-35k
2018: €-935
2019: €-3k
2020: €-612
2021: €28k
2022: €43k
2023: €-28k
2024: €-35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€51k▲ 75.7%€52k▲ 2.0%€42k▼ 19.7%€17k▼ 59.2%
Operating result€36k-€34k▼ 4.0%€-2k€-9k▼ 494%€-31k▼ 238%
Net result€16k-€22k▲ 37.1%€1k▼ 95.5%€-10k€-29k▼ 182%
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 €31k in 2025 against €9k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €164k
Fixed assets
€83k▲ 5.1%
Current assets
€81k▼ 12.0%
Equity and liabilities €164k
Equity
€17k▼ 59.2%
Provisions
€1k
Debt
€146k▲ 12.8%
The debt ratio rises from 75.5% to 88.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-25k▼
2024 · €-3k
Cash flow
€-23k▼
2024 · €-4k
Solvency
10.4%▼
2024 · 24.5%
Current ratio
0.56▼
2024 · 0.72
Quick ratio
0.54▼
2024 · 0.70
Debt / equity
8.51▲
2024 · 3.08
ROE
-169.4%▼
2024 · -24.5%
ROA
-17.7%▼
2024 · -6.0%
Interest coverage
-36.19▼
2024 · -3.38
Debt
€146k▲
2024 · €129k
Debt ≤ 1 year
€145k▲
2024 · €127k
Income taxes
€175▲
2024 · €77
Staff costs
€235k▲
2024 · €219k
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€171k€164k▼
Fixed assets21/28€79k€83k▲
Tangible fixed assets22/27€9k€13k▲
Plant, machinery and equipment23€1k€11k▲
Furniture and vehicles24€8k€3k▼
Financial fixed assets28€70k€70k=
Current assets29/58€92k€81k▼
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€40k€33k▼
Trade receivables40€40k€33k▼
Other amounts receivable41€117-
Cash at bank and in hand54/58€47k€39k▼
Deferred charges and accrued income490/1€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€171k€164k▼
Equity10/15€42k€17k▼
Contributions10/11€6k€6k=
Reserves13€31k€31k=
Distributable reserves133€31k€31k=
Profit (loss) carried forward14€5k€-24k▼
Investment grants15-€4k
Provisions and deferred taxes16-€1k
Deferred taxes168-€1k
Amounts payable17/49€129k€146k▲
Amounts payable after more than one year17€1k-
Financial debts170/4€1k-
Amounts payable within one year42/48€127k€145k▲
Current portion of amounts payable after more than one year42€12k€8k▼
Trade debts44€4k€27k▲
Suppliers440/4€4k€27k▲
Taxes, remuneration and social security45€35k€34k▼
Taxes450/3€10k€7k▼
Remuneration and social security454/9€25k€26k▲
Other amounts payable47/48€76k€76k=
Accrued charges and deferred income492/3€850€800▼
Income statement
Code20242025
Remuneration, social security and pensions62€219k€235k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€724€778▲
Gross operating margin9900€216k€211k▼
Operating profit (loss)9901€-9k€-31k▼
Financial income75/76B-€3k
Recurring financial income75-€145
Non-recurring financial income76B-€3k
Financial charges65/66B€954€688▼
Recurring financial charges65€954€688▼
Profit (loss) for the period before taxes9903€-10k€-29k▼
Transfer from deferred taxes780-€48
Income taxes67/77€77€175▲
Profit (loss) for the period9904€-10k€-29k▼
Profit (loss) for the period to be appropriated9905€-10k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-341€-24k▼
Profit (loss) brought forward from the previous period14P€10k€5k▼
Transfer from equity791/2€5k-
The notes to these accounts (6 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
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €22k ▲37.1%
Net result €22k, the highest in the series.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
04-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 4 days late
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, Ukkel · 2 establishment units since 2016
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.
Korporaaldreef 101180 UkkelGround area
454 m²
Building footprint
125 m²
Volume, LiDAR
740 m³
2 parcels, Brussels, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Vestaculture
since 20162.259.065.266
VESTACULTURE
since 20182.273.507.972
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0010/00T033 | Brussels | 422 m² | 1 · 92 m² | 9.2 m · 2 fl. |
| 25050B0016/00Z004 | Wallonia | 31 m² | 1 · 34 m² | 6.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteUkkel2.259.065.266
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UP & CUT
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BE 1006.689.754
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GROEN DESIGN ROSKAMS
BE 0474.602.885
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Of 21,216 companies in sector 81300 we hold annual accounts for 4,363. 3,001 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-2016
Fiscal year end30-09
Activities, NACEBEL
81300Landscape service activities
10890Manufacture of food products
47120Other non-specialised retail sale
47910Retail trade
71113Urban planning and landscape architecture
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:compta@antoinearnould.be
Phone:0488836053