VEXA
ActiveThe computed 12-month bankruptcy probability of VEXA is 1.5% (moderate). The 2025 annual accounts show equity of €102k and a net result of €23k. Equity is growing by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 13061 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+20
Solvency100▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 3.5 against 2.03 in 2024), and 23.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 56
Relative position
BE, all sectors
reference
Sector 56
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
76.8%
Return on assets
17.4%
Age of the figures
8 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
22 d early
2024
33 d early
2023
32 d early
2022
17 d early
2021
11 d early
2020
33 d early
2019
5 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€102k▲ 29.3%
2024 · €79k
2018: €5k
2019: €19k
2020: €45k
2021: €74k
2022: €108k
2023: €122k
2024: €79k
2018 → 2025
Total assets
€133k▲ 5.6%
2024 · €126k
2018: €115k
2019: €70k
2020: €80k
2021: €107k
2022: €165k
2023: €179k
2024: €126k
2018 → 2025
Net result
€23k▲ 83.8%
2024 · €13k
2018: €-2k
2019: €15k
2020: €26k
2021: €30k
2022: €33k
2023: €17k
2024: €13k
2018 → 2025
Working capital
€61k▲ 73.5%
2024 · €35k
2018: €-12k
2019: €-2k
2020: €25k
2021: €53k
2022: €106k
2023: €82k
2024: €35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€108k▲ 44.7%€122k▲ 13.0%€79k▼ 35.2%€102k▲ 29.3%
Operating result€34k-€42k▲ 23.2%€23k▼ 45.9%€17k▼ 25.7%€31k▲ 82.4%
Net result€30k-€33k▲ 12.8%€17k▼ 49.2%€13k▼ 25.7%€23k▲ 83.8%
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 2025; 2025 is 82% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €133k
Fixed assets
€48k▼ 15.7%
Current assets
€85k▲ 23.0%
Equity and liabilities €133k
Equity
€102k▲ 29.3%
Debt
€31k▼ 34.3%
The debt ratio falls from 37.3% to 23.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€48k▲
2024 · €33k
Cash flow
€40k▲
2024 · €28k
Solvency
76.8%▲
2024 · 62.7%
Current ratio
3.50▲
2024 · 2.03
Quick ratio
3.24▲
2024 · 1.87
Debt / equity
0.30▼
2024 · 0.59
ROE
22.7%▲
2024 · 15.9%
ROA
17.4%▲
2024 · 10.0%
Interest coverage
44.05▲
2024 · 24.56
Debt
€31k▼
2024 · €47k
Debt ≤ 1 year
€24k▼
2024 · €34k
Debt > 1 year
€7k▼
2024 · €13k
Income taxes
€7k▲
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€126k€133k▲
Fixed assets21/28€57k€48k▼
Tangible fixed assets22/27€55k€46k▼
Land and buildings22€582€378▼
Plant, machinery and equipment23€13k€8k▼
Furniture and vehicles24€41k€37k▼
Financial fixed assets28€2k€2k=
Current assets29/58€69k€85k▲
Stocks and contracts in progress3€5k€6k▲
Stocks30/36€5k€6k▲
Amounts receivable within one year40/41€16k€1k▼
Trade receivables40-€1k
Other amounts receivable41€16k€3▼
Cash at bank and in hand54/58€45k€74k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€126k€133k▲
Equity10/15€79k€102k▲
Contributions10/11€19k€19k=
Reserves13€26k€33k▲
Distributable reserves133€26k€33k▲
Profit (loss) carried forward14€35k€50k▲
Amounts payable17/49€47k€31k▼
Amounts payable after more than one year17€13k€7k▼
Financial debts170/4€13k€7k▼
Amounts payable within one year42/48€34k€24k▼
Current portion of amounts payable after more than one year42€8k€10k▲
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Taxes, remuneration and social security45€6k€9k▲
Taxes450/3€6k€9k▲
Other amounts payable47/48€14k€548▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€35k€49k▲
Operating profit (loss)9901€17k€31k▲
Financial income75/76B€7€1▼
Recurring financial income75€7€1▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€16k€30k▲
Income taxes67/77€3k€7k▲
Profit (loss) for the period9904€13k€23k▲
Profit (loss) for the period to be appropriated9905€13k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€77k€58k▼
Profit (loss) brought forward from the previous period14P€64k€35k▼
Transfer from equity791/2€13k-
Transfer to equity691/2-€8k
To other reserves6921-€8k
Profit to be distributed694/7€55k-
Return on contributions (dividend)694€55k-
The notes to these accounts (11 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €102k ▲29.3%
7 profitable years in a row build equity to €102k.
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €33k ▲12.8%
Operating result €42k, net result €33k, both a record.
31-12
Financial
Equity above €100kEq €108k ▲44.7%
4 profitable years in a row build equity to €108k.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 2.18
Current ratio from 0.93 to 2.18; short-term debt falls from €31k to €21k.
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 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, Deinze · 1 establishment unit since 2018
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.
Markt 1059800 DeinzeGround area
1,225 m²
Building footprint
494 m²
Volume, LiDAR
2,993 m³
Parcel 44011B0055/00C000, Flanders · tallest building 13.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bar&zo
since 20182.271.892.923
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44011B0055/00C000 | Flanders | 1,225 m² | 1 · 494 m² | 13.3 m · 2 fl. |
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 siteDeinze2.271.892.923
Similar companies · same sector, comparable size
SILVER TAVERN
BE 0860.810.365
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MOKABON
BE 0428.543.426
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DSI
BE 0658.918.525
Koekelberg · Eq €102k
BESIMI
BE 0769.302.842
Brussel · Eq €102k
Of 13,834 companies in sector 56301 we hold annual accounts for 4,808. 3,615 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2018
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.