VEWI
ActiveVEWI has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.72M and a net result of €926k. Equity is growing by ~32.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 637 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90=
Solvency75▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.12 in 2024; short-term debt: 40.5% and cash: 9% of total assets), and 49.6% of the assets are financed with debt.
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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.4%
Return on assets
17.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-10-2025, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
1 d early
2023
5 d early
2022
31 d early
2021
32 d early
2020
9 d early
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€926k▲ 19.0%
2024 · €778k
2019: €256k
2020: €97k
2021: €104k
2022: €195k
2023: €375k
2024: €778k
2019 → 2025
Working capital
€961k▲ 312%
2024 · €233k
2019: €-903k
2020: €-616k
2021: €-783k
2022: €-589k
2023: €-146k
2024: €233k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€697k-€867k▲ 24.4%€1.23M▲ 41.8%€1.98M▲ 61.1%€2.72M▲ 37.5%
Operating result€163k-€271k▲ 66.7%€437k▲ 60.9%€1.03M▲ 135%€1.36M▲ 32.4%
Net result€104k-€195k▲ 87.4%€375k▲ 92.3%€778k▲ 108%€926k▲ 19.0%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 32% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.41M
Fixed assets
€2.26M▼ 8.8%
Current assets
€3.15M▲ 43.8%
Equity and liabilities €5.41M
Equity
€2.72M▲ 37.5%
Debt
€2.68M=
The debt ratio falls from 57.6% to 49.6%. Equity is higher.
Key figures and ratios
EBITDA
€1.77M▲
2024 · €1.40M
Cash flow
€1.33M▲
2024 · €1.15M
Solvency
50.4%▲
2024 · 42.4%
Current ratio
1.44▲
2024 · 1.12
Quick ratio
1.12▲
2024 · 0.82
Debt / equity
0.99▼
2024 · 1.36
ROE
34.0%▼
2024 · 39.3%
ROA
17.1%▲
2024 · 16.7%
Interest coverage
20.02▲
2024 · 19.81
Debt
€2.68M=
2024 · €2.69M
Debt ≤ 1 year
€2.19M▲
2024 · €1.96M
Debt > 1 year
€491k▼
2024 · €722k
Income taxes
€367k▲
2024 · €206k
Staff costs
€1.02M▲
2024 · €886k
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€4.67M€5.41M▲
Formation expenses20€0-
Fixed assets21/28€2.48M€2.26M▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€2.48M€2.26M▼
Land and buildings22€855k€784k▼
Plant, machinery and equipment23€1.12M€1.08M▼
Furniture and vehicles24€47k€29k▼
Leasing and similar rights25€449k€363k▼
Financial fixed assets28€250€250=
Current assets29/58€2.19M€3.15M▲
Stocks and contracts in progress3€591k€707k▲
Stocks30/36€591k€707k▲
Amounts receivable within one year40/41€1.21M€1.14M▼
Trade receivables40€918k€945k▲
Other amounts receivable41€291k€191k▼
Current investments50/53-€815k
Cash at bank and in hand54/58€382k€487k▲
Deferred charges and accrued income490/1€7k€3k▼
Equity and liabilities
Total equity and liabilities10/49€4.67M€5.41M▲
Equity10/15€1.98M€2.72M▲
Contributions10/11€591k€591k=
Capital10€591k€591k=
Issued capital100€591k€591k=
Revaluation surpluses12€443k€443k=
Reserves13€1.11M€1.53M▲
Non-distributable reserves130/1€16k€43k▲
Legal reserve130€16k€43k▲
Tax-exempt reserves132€247k€247k=
Distributable reserves133€851k€1.24M▲
Profit (loss) carried forward14€-350k€2k▲
Investment grants15€182k€157k▼
Amounts payable17/49€2.69M€2.68M=
Amounts payable after more than one year17€722k€491k▼
Financial debts170/4€722k€491k▼
Amounts payable within one year42/48€1.96M€2.19M▲
Current portion of amounts payable after more than one year42€289k€255k▼
Financial debts43€494k€221k▼
Credit institutions430/8€494k€221k▼
Trade debts44€933k€1.30M▲
Suppliers440/4€933k€1.30M▲
Taxes, remuneration and social security45€176k€239k▲
Taxes450/3€21k€36k▲
Remuneration and social security454/9€154k€203k▲
Other amounts payable47/48€65k€172k▲
Accrued charges and deferred income492/3€7k€5k▼
Income statement
Code20242025
Non-recurring operating income76A-€680k
Remuneration, social security and pensions62€886k€1.02M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€369k€408k▲
Other operating charges640/8€45k€45k▲
Non-recurring operating charges66A€0€2k▲
Gross operating margin9900€2.33M€2.84M▲
Operating profit (loss)9901€1.03M€1.36M▲
Financial income75/76B€27k€25k▼
Recurring financial income75€27k€25k▼
Financial charges65/66B€71k€91k▲
Recurring financial charges65€71k€88k▲
Non-recurring financial charges66B-€3k
Profit (loss) for the period before taxes9903€984k€1.29M▲
Income taxes67/77€206k€367k▲
Profit (loss) for the period9904€778k€926k▲
Transfer to tax-exempt reserves689€211k€0▼
Profit (loss) for the period to be appropriated9905€568k€926k▲
Appropriation of the result
Profit (loss) to be appropriated9906€251€576k▲
Profit (loss) brought forward from the previous period14P€-567k€-350k▲
Transfer from equity791/2-€100k
Transfer to equity691/2€350k€516k▲
To the legal reserve6920-€27k
To other reserves6921€350k€489k▲
Profit to be distributed694/7-€158k
Return on contributions (dividend)694-€158k
Social balance
Average headcount (FTE)908721.321.3=
The notes to these accounts (27 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
2025
23-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Highest result since 2019net €926k ▲19%
Operating result €1.36M, net result €926k, both a record.
31-03
Financial
Equity above €2MEq €2.72M ▲37.5%
7 profitable years in a row build equity to €2.72M.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial
Equity above €1MEq €1.23M ▲41.8%
5 profitable years in a row build equity to €1.23M.
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-03
Financial
Weakest financial yearnet €97k ▼62%
Net result drops to €97k, the lowest in the series; recovery starts the following year.
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
17-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 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
14 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, Pont-à-Celles · 1 establishment unit since 1990
Ground area
3,083 m²
Building footprint
1,595 m²
Parcel 52051B0133/00T000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue des Couturelles(OB) 2, 6230 Pont-à-Celles
since 19902.047.121.652
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52051B0133/00T000 | Wallonia | 3,083 m² | 1 · 1,595 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 sitePont-à-Celles2.047.121.652
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Of 445 companies in sector 10850 we hold annual accounts for 173. 50 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-02-1990
Fiscal year end31-03
Activities, NACEBEL
10850Manufacture of food products
10890Manufacture of food products
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.