VETRO
ActiveVETRO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €48k and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▲+25
Solvency39▲+9
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.05 in 2023; short-term debt: 85.7% and cash: 17% of total assets), and 85.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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 2024Solvency, return and age of the figures
Solvency
14.3%
Return on assets
2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 36373 sector peers (2024).
NBB · sector comparisonPosition among 36373 sector peers
Solvency
better than 17%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €48k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
97 d late
2022
73 d late
2021
93 d late
2020
145 d late
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€304k▼ 1.5%
2023 · €309k
2022: €480k
2023: €309k
2022 → 2024
EBIT margin
4.0%▲ 2.5pp
2023 · 1.4%
2022: 1.7%
2023: 1.4%
2022 → 2024
Net result
€7k▲ 2,027%
2023 · €316
2018: €-5k
2019: €63k
2020: €27k
2021: €45k
2022: €4k
2023: €316
2018 → 2024
Working capital
€45k▲ 21.9%
2023 · €37k
2018: €-103k
2019: €-39k
2020: €-12k
2021: €32k
2022: €39k
2023: €37k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€480k€309k▼ 35.8%€304k▼ 1.5%
Equity€-8k-€37k€41k▲ 11.3%€41k▲ 0.8%€48k▲ 16.3%
Operating result€41k-€58k▲ 40.5%€8k▼ 85.8%€4k▼ 47.4%€12k▲ 177%
Net result€27k-€45k▲ 62.4%€4k▼ 90.7%€316▼ 92.4%€7k▲ 2,027%
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 2024; 2024 is 177% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €335k
Fixed assets
€3k▼ 36.3%
Current assets
€333k▼ 57.5%
Equity and liabilities €335k
Equity
€48k▲ 16.3%
Debt
€287k▼ 61.5%
The debt ratio falls from 94.8% to 85.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▲
2023 · €8k
Cash flow
€8k▲
2023 · €4k
Solvency
14.3%▲
2023 · 5.2%
Current ratio
1.16▲
2023 · 1.05
Quick ratio
1.16▲
2023 · 1.05
Debt / equity
5.99▼
2023 · 18.09
ROE
14.0%▲
2023 · 0.8%
ROA
2.0%▲
2023 · 0.0%
Interest coverage
6.81▲
2023 · 2.32
Debt
€287k▼
2023 · €746k
Debt ≤ 1 year
€287k▼
2023 · €746k
Income taxes
€3k▲
2023 · €701
Staff costs
€1k▼
2023 · €3k
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€787k€335k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€4k€3k▼
Other tangible fixed assets26€0€0=
Current assets29/58€783k€333k▼
Amounts receivable within one year40/41€777k€276k▼
Trade receivables40€650k€257k▼
Other amounts receivable41€127k€19k▼
Cash at bank and in hand54/58€6k€57k▲
Equity and liabilities
Total equity and liabilities10/49€787k€335k▼
Equity10/15€41k€48k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Share premium1100/10€6k€6k=
Profit (loss) carried forward14€35k€42k▲
Amounts payable17/49€746k€287k▼
Amounts payable within one year42/48€746k€287k▼
Financial debts43€59k-
Credit institutions430/8€59k-
Trade debts44€663k€263k▼
Suppliers440/4€98k€45k▼
Bills of exchange payable441€565k€218k▼
Advances received on contracts in progress46€7k€7k=
Taxes, remuneration and social security45€16k€17k▲
Taxes450/3€16k€17k▲
Income statement
Code20232024
Turnover70€309k€304k▼
Goods, raw materials, services and sundry goods60/61€297k€288k▼
Remuneration, social security and pensions62€3k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼
Other operating charges640/8€421€1k▲
Gross operating margin9900€11k€16k▲
Operating profit (loss)9901€4k€12k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€1k€10k▲
Income taxes67/77€701€3k▲
Profit (loss) for the period9904€316€7k▲
Profit (loss) for the period to be appropriated9905€316€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€42k▲
Profit (loss) brought forward from the previous period14P€35k€35k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 97 days late
2023
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 73 days late
2022
01-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 93 days late
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 145 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Back to profitnet €63k
Net result €63k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
06-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 98 days late
2017
22-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 114 days late
2016
08-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Wezembeek-Oppem · 1 establishment unit since 2006
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.
Lange Eikstraat 461970 Wezembeek-OppemGround area
3,280 m²
Building footprint
435 m²
Volume, LiDAR
3,556 m³
2 parcels, Flanders, Wallonia · tallest building 14.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VETRO
since 20062.156.486.479
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25013F0167/00L000 | Wallonia | 2,760 m² | 1 · 111 m² | 7.9 m · 2 fl. |
| 22006A0114/00P000 | Flanders | 520 m² | 1 · 325 m² | 14.8 m · 3 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.
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Of 4,013 companies in sector 43310 we hold annual accounts for 1,745. 1,516 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-09-2006
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.