VICENZA
ActiveSummary
VICENZA has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €445,391 and a net result of €143,046. Equity is growing by ~55.2% per year across the filed fiscal years. Its solvency ranks better than 69% of 18935 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability90▼-10
Solvency77▼-22
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity tight (current ratio 1.01 against 3.31 in 2023; short-term debt: 44.2% and cash: 1.2% of total assets), and 48% of the assets are financed with debt.
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Signals
Four 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
Food and beverage service activities (NACE 56)
about 206% 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 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
59 d late
2023
139 d late
2022
138 d late
2021
40 d early
2020
216 d late
2019
68 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 97 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€445,391▲ 47.3%
2023 · €302,345
Total assets
€856,200▲ 109%
2023 · €410,545
Net result
€143,046▲ 22.8%
2023 · €116,502
Working capital
€5,235▼ 97.9%
2023 · €249,796
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€98,957▲ 180%€172,775▲ 74.6%€74,167▼ 57.1%€186,145▲ 151%€257,525▲ 38.3%
Net result€79,342above the sector's middle half▲ 132%€123,647above the sector's middle half▲ 55.8%€45,163above the sector's middle half▼ 63.5%€116,502above the sector's middle half▲ 158%€143,046above the sector's middle half▲ 22.8%
Equity€69,533above the sector's middle half€140,680above the sector's middle half▲ 102%€185,843above the sector's middle half▲ 32.1%€302,345above the sector's middle half▲ 62.7%€445,391above the sector's middle half▲ 47.3%
Total assets€102,269within the sector's middle half▲ 198%€289,398above the sector's middle half▲ 183%€309,514above the sector's middle half▲ 7.0%€410,545above the sector's middle half▲ 32.6%€856,200above the sector's middle half▲ 109%
Debt€32,736▼ 25.9%€148,718▲ 354%€123,672▼ 16.8%€108,200▼ 12.5%€410,809▲ 280%
Working capital€36,136above the sector's middle half€108,049above the sector's middle half▲ 199%€133,884above the sector's middle half▲ 23.9%€249,796above the sector's middle half▲ 86.6%€5,235within the sector's middle half▼ 97.9%
Solvency68.0%above the sector's middle half▲ 96.5pp48.6%within the sector's middle half▼ 19.4pp60.0%above the sector's middle half▲ 11.4pp73.6%above the sector's middle half▲ 13.6pp52.0%within the sector's middle half▼ 21.6pp
Current ratio2.13within the sector's middle half▲ 1.651.73within the sector's middle half▼ 0.402.08within the sector's middle half▲ 0.363.31above the sector's middle half▲ 1.231.01within the sector's middle half▼ 2.29
Return on assets (ROA)77.6%above the sector's middle half▼ 22.1pp42.7%above the sector's middle half▼ 34.9pp14.6%within the sector's middle half▼ 28.1pp28.4%above the sector's middle half▲ 13.8pp16.7%within the sector's middle half▼ 11.7pp
Staff (FTE)2.6within the sector's middle half▲ 13.0%1.8▼ 30.8%2.3▲ 27.8%2▼ 13.0%1.7▼ 15.0%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 38% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €856,200
Fixed assets
€472,156 ▲ 799%
Current assets
€384,044 ▲ 7.3%
Equity and liabilities €856,200
Equity
€445,391 ▲ 47.3%
Debt
€410,809 ▲ 280%
Debt's share of the balance-sheet total rises from 26.4% to 48.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€314,984▲
2023 · €207,719
Cash flow
€200,505▲
2023 · €138,076
Quick ratio
1.01▼
2023 · 3.28
Debt to equity
0.92▲
2023 · 0.36
ROE
32.1%▼
2023 · 38.5%
Interest coverage
9.25▼
2023 · 42.90
Debt ≤ 1 year
€378,809▲
2023 · €108,200
Debt > 1 year
€32,000
Income taxes
€80,824▲
2023 · €64,941
Staff costs
€103,921▼
2023 · €130,833
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €35,881 | €144,888 | €130,833 | €103,921 | ▼ 20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,905 | €10,501 | €10,021 | €21,574 | €57,459 | ▲ 166% |
| Other operating charges640/8 | - | €4,906 | €11,653 | €13,487 | €11,594 | ▼ 14.0% |
| Gross operating margin9900 | €180,084 | €224,062 | €240,729 | €352,040 | €430,499 | ▲ 22.3% |
| Operating profit (loss)9901 | €98,957 | €172,775 | €74,167 | €186,145 | €257,525 | ▲ 38.3% |
| Financial income75/76B | - | €3 | €13 | €140 | €394 | ▲ 182% |
| Recurring financial income75 | €275 | €3 | €13 | €140 | €394 | ▲ 182% |
| Financial charges65/66B | - | €2,465 | €3,730 | €4,841 | €34,048 | ▲ 603% |
| Recurring financial charges65 | €2,028 | €2,465 | €3,730 | €4,841 | €34,048 | ▲ 603% |
| Profit (loss) for the period before taxes9903 | €97,203 | €170,313 | €70,449 | €181,443 | €223,870 | ▲ 23.4% |
| Income taxes67/77 | €17,862 | €46,666 | €25,286 | €64,941 | €80,824 | ▲ 24.5% |
| Profit (loss) for the period9904 | €79,342 | €123,647 | €45,163 | €116,502 | €143,046 | ▲ 22.8% |
| Profit (loss) for the period to be appropriated9905 | €79,342 | €123,647 | €45,163 | €116,502 | €143,046 | ▲ 22.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €102,269 | €289,398 | €309,514 | €410,545 | €856,200 | ▲ 109% |
| Fixed assets21/28 | €34,104 | €32,630 | €51,958 | €52,549 | €472,156 | ▲ 799% |
| Tangible fixed assets22/27 | €30,788 | €29,315 | €48,643 | €49,233 | €468,840 | ▲ 852% |
| Plant, machinery and equipment23 | - | €29,315 | €28,643 | €35,900 | €211,349 | ▲ 489% |
| Furniture and vehicles24 | - | - | €20,000 | €13,333 | €6,667 | ▼ 50.0% |
| Other tangible fixed assets26 | - | - | - | - | €250,825 | - |
| Financial fixed assets28 | €3,316 | €3,316 | €3,316 | €3,316 | €3,316 | = |
| Current assets29/58 | €68,165 | €256,767 | €257,556 | €357,996 | €384,044 | ▲ 7.3% |
| Stocks and contracts in progress3 | €2,387 | €2,658 | €2,975 | €3,426 | €2,601 | ▼ 24.1% |
| Stocks30/36 | - | €2,658 | €2,975 | €3,426 | €2,601 | ▼ 24.1% |
| Amounts receivable within one year40/41 | €20,051 | €175,138 | €200,914 | €314,249 | €370,953 | ▲ 18.0% |
| Other amounts receivable41 | - | €175,138 | €200,914 | €314,249 | €370,953 | ▲ 18.0% |
| Cash at bank and in hand54/58 | €38,521 | €77,369 | €45,258 | €35,651 | €10,440 | ▼ 70.7% |
| Deferred charges and accrued income490/1 | - | €1,603 | €8,409 | €4,670 | €50 | ▼ 98.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €102,269 | €289,398 | €309,514 | €410,545 | €856,200 | ▲ 109% |
| Equity10/15 | €69,533 | €140,680 | €185,843 | €302,345 | €445,391 | ▲ 47.3% |
| Contributions10/11 | - | €18,600 | €18,600 | €20,460 | €20,460 | = |
| Reserves13 | €17,159 | €67,159 | €112,159 | €220,299 | €360,299 | ▲ 63.6% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Distributable reserves133 | - | €59,299 | €104,299 | €214,299 | €354,299 | ▲ 65.3% |
| Profit (loss) carried forward14 | €33,774 | €54,921 | €55,084 | €61,586 | €64,632 | ▲ 4.9% |
| Amounts payable17/49 | €32,736 | €148,718 | €123,672 | €108,200 | €410,809 | ▲ 280% |
| Amounts payable after more than one year17 | - | - | - | - | €32,000 | - |
| Financial debts170/4 | - | - | - | - | €32,000 | - |
| Amounts payable within one year42/48 | €32,029 | €148,718 | €123,672 | €108,200 | €378,809 | ▲ 250% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €178,932 | - |
| Trade debts44 | €4,072 | €11,261 | €10,504 | €2,286 | €59,451 | ▲ 2,500% |
| Suppliers440/4 | - | €11,261 | €10,504 | €2,286 | €59,451 | ▲ 2,500% |
| Taxes, remuneration and social security45 | - | €84,957 | €113,119 | €105,914 | €140,426 | ▲ 32.6% |
| Taxes450/3 | - | €76,587 | €87,159 | €94,477 | €129,633 | ▲ 37.2% |
| Remuneration and social security454/9 | - | €8,370 | €25,960 | €11,437 | €10,793 | ▼ 5.6% |
| Other amounts payable47/48 | - | €52,500 | €49 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €79,342 | €123,647 | €45,163 | €116,502 | €143,046 | ▲ 22.8% |
| + Depreciation and write-downs630 | €7,905 | €10,501 | €10,021 | €21,574 | €57,459 | ▲ 166% |
| Operating cash flow (approximation) | €87,247 | €134,148 | €55,184 | €138,076 | €200,505 | ▲ 45.2% |
| Investment in fixed assets (approximation) | - | -€9,027 | -€29,349 | -€22,165 | -€477,066 | ▼ 2,052% |
| Change in cash | - | €38,848 | -€32,112 | -€9,606 | -€25,211 | ▼ 162% |
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
2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
31-12
Financial
Highest result since 2018net €143,046 ▲22.8%
Operating result €257,525, net result €143,046, both a record.
17-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 139 days late
2023
31-12
Financial
Equity above €200,000Eq €302,345 ▲62.7%
5 profitable years in a row build equity to €302,345.
16-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 138 days late
2022
31-12
Financial
Equity above €150,000Eq €185,843 ▲32.1%
4 profitable years in a row build equity to €185,843.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
04-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 216 days late
2021
31-12
Financial
Equity above €100,000Eq €140,680 ▲102%
3 profitable years in a row build equity to €140,680.
2020
31-12
Financial
Liquidity quadruplescurrent ratio 2.13
Current ratio from 0.48 to 2.13; short-term debt falls from €43,853 to €32,029.
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
31-12
Financial
Back to profitnet €34,236
Net result €34,236 after one loss-making year.
Show earlier events
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 1991
Ground area
911 m²
Building footprint
828 m²
Volume, LiDAR
4,443 m³
2 parcels, Flanders · tallest building 16.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
VICENZA
since 19912.053.904.229
VICENZA
since 20252.368.361.995
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11324D0159/00Z004 | Flanders | 657 m² | 1 · 603 m² | 16.4 m · 1 fl. |
| 11364F0002/00P007 | Flanders | 254 m² | 1 · 225 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2 sitesAntwerpen2.053.904.229
Brasschaat2.368.361.995
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TAVERNE-RESTAURANT AN DEN LINDEN
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Of 20,500 companies in this sector we hold annual accounts for 11,468. 6,650 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded23-01-1991
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443101443
Also
9925:BE0443101443
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.