VESUVIA

Active

Private limited company (pre-2019)founded 200620 yrs activeRue des Laperteaux(M) 19, 7110 La Louvière, BelgiumKBO/BCE: BE 0882.903.502

The computed 12-month bankruptcy probability of VESUVIA is 2.8% (moderate). The 2024 annual accounts show equity of €27k and a net result of €-6k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 84% of 18939 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

47 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability1▲+1

Solvency95▲+19

Growth32▼-20

Track record100

Bankruptcy probability, 12 months

2.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity ample (current ratio 3.34 against 2.04 in 2023; short-term debt: 29.9% and cash: 0.3% of total assets), and 29.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

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 2024

Solvency, return and age of the figures

Solvency

70.1%

Return on assets

-14.7%

Age of the figures

21 mo

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

18192021222324

2018 to 2024 · latest year €-6k

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

21 d early

2023

23 d late

2022

29 d late

2021

12 d late

2020

96 d late

2019

47 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€27k▼ 17.4%

2023 · €32k

2018: €27k 2019: €30k 2020: €58k 2021: €90k 2022: €137k 2023: €32k

2018 → 2024

Total assets

€38k▼ 39.4%

2023 · €63k

2018: €198k 2019: €171k 2020: €221k 2021: €206k 2022: €321k 2023: €63k

2018 → 2024

Net result

€-6k▲ 94.6%

2023 · €-105k

2018: €3k 2019: €3k 2020: €27k 2021: €32k 2022: €47k 2023: €-105k

2018 → 2024

Working capital

€27k▼ 16.4%

2023 · €32k

2018: €-3k 2019: €-23k 2020: €282 2021: €22k 2022: €128k 2023: €32k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€58k-€90k▲ 56.2%€137k▲ 52.1%€32k▼ 76.4%€27k▼ 17.4%

Operating result€39k-€42k▲ 6.7%€74k▲ 76.6%€-100k€-6k▲ 94.3%

Net result€27k-€32k▲ 18.6%€47k▲ 44.8%€-105k€-6k▲ 94.6%

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 €6k in 2024 against €100k in 2023; the loss shrinks.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €38k

70.1%

29.9%

Equity €27k▼ 17.4%

Debt €11k▼ 62.7%

The debt ratio falls from 48.7% to 29.9%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

Solvency

70.1%▲

2023 · 51.3%

Current ratio

3.34▲

2023 · 2.04

Quick ratio

3.34▲

2023 · 2.04

Debt / equity

0.43▼

2023 · 0.95

ROE

-21.0%▲

2023 · -323.7%

ROA

-14.7%▲

2023 · -166.2%

Debt

€11k▼

2023 · €31k

Debt ≤ 1 year

€11k▼

2023 · €31k

Income taxes

€0▼

2023 · €238

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€63k€38k▼

Fixed assets21/28€354€0▼

Financial fixed assets28€354€0▼

Current assets29/58€63k€38k▼

Amounts receivable within one year40/41€63k€38k▼

Trade receivables40€1k€0▼

Other amounts receivable41€62k€38k▼

Cash at bank and in hand54/58€83€98▲

Equity and liabilities

Total equity and liabilities10/49€63k€38k▼

Equity10/15€32k€27k▼

Contributions10/11€6k€6k=

Reserves13€131k€131k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€129k€129k=

Profit (loss) carried forward14€-105k€-110k▼

Amounts payable17/49€31k€11k▼

Amounts payable within one year42/48€31k€11k▼

Current portion of amounts payable after more than one year42-€2k

Trade debts44€4k€321▼

Suppliers440/4€4k€321▼

Taxes, remuneration and social security45€21k€875▼

Taxes450/3€21k€875▼

Other amounts payable47/48€6k€8k▲

Income statement Code20232024

Other operating charges640/8€118k€0▼

Operating charges capitalised as restructuring costs649€0-

Gross operating margin9900€19k€-6k▼

Operating profit (loss)9901€-100k€-6k▲

Financial income75/76B€1k€957▼

Recurring financial income75€1k€957▼

Financial charges65/66B€6k€858▼

Recurring financial charges65€6k€858▼

Profit (loss) for the period before taxes9903€-105k€-6k▲

Income taxes67/77€238€0▼

Profit (loss) for the period9904€-105k€-6k▲

Profit (loss) for the period to be appropriated9905€-105k€-6k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-105k€-110k▼

Profit (loss) brought forward from the previous period14P€198€-105k▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

10-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

23-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 23 days late

2023

31-12

Financial Weakest financial yearnet €-105k ▼323%

Net result drops to €-105k, the lowest in the series; recovery starts the following year.

29-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 29 days late

2022

31-12

Financial Highest result since 2018net €47k ▲44.8%

Operating result €74k, net result €47k, both a record.

31-12

Financial Equity above €100kEq €137k ▲52.1%

5 profitable years in a row build equity to €137k.

12-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 12 days late

2021

04-11

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 96 days late

2020

16-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 47 days late

2019

22-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 22 days late

2018

29-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 29 days late

2017

27-09

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 58 days late

2016

29-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 29 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, La Louvière · 2 establishment units since 2006

establishment approximate All 2 establishment units on the map

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.

Rue des Laperteaux(M) 197110 La Louvière

Ground area

6.4 ha

Building footprint

3.8 ha

Volume, LiDAR

408,381 m³

3 parcels, Wallonia · tallest building 22.7 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

ADRIATIC

Quai des Vennes 1, 4020 LiègeRenting and operating of own or leased non-residential real estate, excluding land

since 20062.156.043.645

Titanic Co

Chaussée Paul Houtart(H-G) 147, 7110 La LouvièreRenting and operating of own or leased non-residential real estate, excluding land

since 20172.270.425.154

3 parcels

Wallonia 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62806C0923/00B002	Wallonia	6.3 ha	1 · 3.8 ha	22.7 m · 3 fl.
55026A0035/00C006	Wallonia	950 m²	1 · 195 m²	10.6 m · 3 fl.
55020C0825/00V002indicative	Wallonia	186 m²	1 · 88 m²	11.5 m · 3 fl.