VEZIR OGLU EXPRESS
ActiveSummary
VEZIR OGLU EXPRESS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €1k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 80% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability48▼-52
Solvency96▼-1
Growth44▼-21
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 3.25 against 3.4 in 2024; short-term debt: 29.3% and cash: 35% of total assets), and 29.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
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
70.7%
Return on assets
4%
Age of the figures
9 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
12 d late
2023
2 d early
2022
8 d late
2021
10 d late
2020
51 d late
2019
350 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€278k▼ 18.4%
2024 · €341k
2018: €311k
2019: €199k▼ -35.9% vs 2018lowest in 8 years
2020: €361k▲ +81.7% vs 2019highest in 8 years
2021: €359k▼ -0.8% vs 2020
2022: €345k▼ -3.7% vs 2021
2023: €357k▲ +3.5% vs 2022
2024: €341k▼ -4.6% vs 2023
2025: €278k▼ -18.4% vs 2024
2018 → 2025
EBIT margin
0.9%▼ 23.4pp
2024 · 24.4%
2018: 2.2%
2019: -36.8%▼ -1761% vs 2018lowest in 8 years
2020: 3.7%▲ +110% vs 2019
2021: 1.1%▼ -70.8% vs 2020
2022: 0.7%▼ -38.9% vs 2021
2023: -2.3%▼ -445% vs 2022
2024: 24.4%▲ +1169% vs 2023highest in 8 years
2025: 0.9%▼ -96.2% vs 2024
2018 → 2025
Net result
€1k▼ 98.4%
2024 · €83k
2018: €7k
2019: €-73k▼ -1164% vs 2018lowest in 8 years
2020: €13k▲ +118% vs 2019
2021: €4k▼ -71.4% vs 2020
2022: €2k▼ -43.6% vs 2021
2023: €-8k▼ -492% vs 2022
2024: €83k▲ +1089% vs 2023highest in 8 years
2025: €1k▼ -98.4% vs 2024
2018 → 2025
Working capital
€21k▲ 6.5%
2024 · €20k
2018: €5k
2019: €-68k▼ -1438% vs 2018lowest in 8 years
2020: €18k▲ +126% vs 2019
2021: €22k▲ +26.0% vs 2020
2022: €24k▲ +9.7% vs 2021
2023: €33k▲ +36.8% vs 2022highest in 8 years
2024: €20k▼ -39.8% vs 2023
2025: €21k▲ +6.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€359k-€345k▼ 3.7%€357k▲ 3.5%€341k▼ 4.6%€278k▼ 18.4%
2021: €359khighest in 5 years
2022: €345k▼ -3.7% vs 2021
2023: €357k▲ +3.5% vs 2022
2024: €341k▼ -4.6% vs 2023
2025: €278k▼ -18.4% vs 2024lowest in 5 years
Equity€-55k-€-53k▲ 3.9%€-62k▼ 15.8%€21k€23k▲ 6.0%
2021: €-55k
2022: €-53k▲ +3.9% vs 2021
2023: €-62k▼ -15.8% vs 2022lowest in 5 years
2024: €21k▲ +135% vs 2023
2025: €23k▲ +6.0% vs 2024highest in 5 years
Operating result€4k-€2k▼ 41.1%€-8k€83k€3k▼ 96.9%
2021: €4k
2022: €2k▼ -41.1% vs 2021
2023: €-8k▼ -457% vs 2022lowest in 5 years
2024: €83k▲ +1120% vs 2023highest in 5 years
2025: €3k▼ -96.9% vs 2024
Net result€4k-€2k▼ 43.6%€-8k€83k€1k▼ 98.4%
2021: €4k
2022: €2k▼ -43.6% vs 2021
2023: €-8k▼ -492% vs 2022lowest in 5 years
2024: €83k▲ +1089% vs 2023highest in 5 years
2025: €1k▼ -98.4% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 97% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32k
Fixed assets
€2k =
Current assets
€31k ▲ 8.6%
Equity and liabilities €32k
Equity
€23k ▲ 6.0%
Debt
€9k ▲ 13.5%
Debt's share of the balance-sheet total rises from 27.9% to 29.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
3.25▼
2024 · 3.40
Quick ratio
1.19▼
2024 · 1.41
Debt to equity
0.41▲
2024 · 0.39
ROE
5.7%▼
2024 · 386.6%
ROA
4.0%▼
2024 · 278.6%
Debt ≤ 1 year
€9k▲
2024 · €8k
Income taxes
€1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€30k€32k▲
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€28k€31k▲
Stocks and contracts in progress3€17k€19k▲
Stocks30/36€17k€19k▲
Cash at bank and in hand54/58€12k€11k▼
Equity and liabilities
Total equity and liabilities10/49€30k€32k▲
Equity10/15€21k€23k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€3k€4k▲
Amounts payable17/49€8k€9k▲
Amounts payable within one year42/48€8k€9k▲
Trade debts44€532€456▼
Suppliers440/4€532€456▼
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€4k▼
Remuneration and social security454/9€125€2k▲
Other amounts payable47/48€3k€3k▼
Income statement
Code20242025
Turnover70€341k€278k▼
Goods, raw materials, services and sundry goods60/61€337k€284k▼
Remuneration, social security and pensions62€6k-
Other operating charges640/8€872€497▼
Gross operating margin9900€90k€3k▼
Operating profit (loss)9901€83k€3k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€135€152▲
Recurring financial charges65€135€152▲
Profit (loss) for the period before taxes9903€83k€2k▼
Income taxes67/77-€1k
Profit (loss) for the period9904€83k€1k▼
Profit (loss) for the period to be appropriated9905€83k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€4k▲
Profit (loss) brought forward from the previous period14P€-80k€3k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €359k | €345k | €357k | €341k | €278k | ▼ 18.4% |
| Goods, raw materials, services and sundry goods60/61 | €348k | €326k | €348k | €337k | €284k | ▼ 15.7% |
| Remuneration, social security and pensions62 | €17k | €26k | €21k | €6k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €760 | - | - | - | - | - |
| Other operating charges640/8 | €1k | €997 | €858 | €872 | €497 | ▼ 43.0% |
| Non-recurring operating charges66A | - | - | €240 | - | - | - |
| Gross operating margin9900 | €23k | €29k | €14k | €90k | €3k | ▼ 96.6% |
| Operating profit (loss)9901 | €4k | €2k | €-8k | €83k | €3k | ▼ 96.9% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | - | €0 | - |
| Financial charges65/66B | €82 | €142 | €120 | €135 | €152 | ▲ 12.5% |
| Recurring financial charges65 | €82 | €142 | €120 | €135 | €152 | ▲ 12.5% |
| Profit (loss) for the period before taxes9903 | €4k | €2k | €-8k | €83k | €2k | ▼ 97.0% |
| Income taxes67/77 | - | - | €120 | - | €1k | - |
| Profit (loss) for the period9904 | €4k | €2k | €-8k | €83k | €1k | ▼ 98.4% |
| Profit (loss) for the period to be appropriated9905 | €4k | €2k | €-8k | €83k | €1k | ▼ 98.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29k | €37k | €41k | €30k | €32k | ▲ 8.1% |
| Fixed assets21/28 | €2k | €2k | €2k | €2k | €2k | = |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €27k | €35k | €39k | €28k | €31k | ▲ 8.6% |
| Stocks and contracts in progress3 | €22k | €31k | €36k | €17k | €19k | ▲ 17.5% |
| Stocks30/36 | €22k | €31k | €36k | €17k | €19k | ▲ 17.5% |
| Cash at bank and in hand54/58 | €5k | €4k | €2k | €12k | €11k | ▼ 4.0% |
| Deferred charges and accrued income490/1 | €624 | - | €676 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29k | €37k | €41k | €30k | €32k | ▲ 8.1% |
| Equity10/15 | €-55k | €-53k | €-62k | €21k | €23k | ▲ 6.0% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-74k | €-72k | €-80k | €3k | €4k | ▲ 45.3% |
| Amounts payable17/49 | €84k | €90k | €102k | €8k | €9k | ▲ 13.5% |
| Amounts payable after more than one year17 | €79k | €79k | €96k | - | - | - |
| Financial debts170/4 | €10k | €10k | €10k | - | - | - |
| Other amounts payable178/9 | €69k | €69k | €86k | - | - | - |
| Amounts payable within one year42/48 | €5k | €11k | €6k | €8k | €9k | ▲ 13.5% |
| Trade debts44 | €22 | €77 | €294 | €532 | €456 | ▼ 14.4% |
| Suppliers440/4 | €22 | €77 | €294 | €532 | €456 | ▼ 14.4% |
| Taxes, remuneration and social security45 | €4k | €3k | €2k | €4k | €6k | ▲ 41.3% |
| Taxes450/3 | €505 | €3k | €2k | €4k | €4k | ▼ 1.4% |
| Remuneration and social security454/9 | €3k | €0 | €3 | €125 | €2k | ▲ 1,504% |
| Other amounts payable47/48 | €1k | €8k | €3k | €3k | €3k | ▼ 18.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €2k | €-8k | €83k | €1k | ▼ 98.4% |
| + Depreciation and write-downs630 | €760 | - | - | - | - | - |
| Operating cash flow (approximation) | €5k | €2k | €-8k | €83k | €1k | ▼ 98.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-1k | €-2k | €9k | €-468 | ▼ 105% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Back to profitnet €83k
Net result €83k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 350 days late
2020
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-12
Financial
Liquidity times 32current ratio 7.48
Current ratio from 0.23 to 7.48; short-term debt falls from €89k to €3k.
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 162 days late
2019
31-12
Financial
Weakest financial yearnet €-73k
Net result drops to €-73k, the lowest in the series; recovery starts the following year.
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
21-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Jette · 1 establishment unit since 2008
Ground area
103 m²
Building footprint
102 m²
Volume, LiDAR
1,218 m³
Parcel 21464D0077/00S008, Brussels · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Firmin Lecharlierlaan 128, 1090 Jette
since 20082.168.258.915
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464D0077/00S008 | Brussels | 103 m² | 1 · 102 m² | 13.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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 siteJette2.168.258.915
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Of 12,957 companies in sector 47120 we hold annual accounts for 2,190. 1,419 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded22-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
47110Non-specialised retail sale with food, beverages or tobacco predominating
Scores and ratios are computed by Checked and are not a credit decision.