Viehhandel NIESSEN
ActiveSummary
Viehhandel NIESSEN has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €27k and a net result of €-2k. Equity is growing by ~64.4% per year across the filed fiscal years. Its solvency ranks better than 34% of 9038 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability66▼-29
Solvency55▼-11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.9 against 1.48 in 2023; short-term debt: 70% and cash: 21.8% of total assets), and 70% 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
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
30%
Return on assets
-2%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
32 d early
2023
51 d early
2022
28 d early
2021
32 d early
2020
31 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k
2023 · €15k
2018: €4k
2019: €2k
2020: €2k
2021: €14k
2022: €9k
2023: €15k
2018 → 2024
Working capital
€-6k
2023 · €18k
2018: €-24k
2019: €-19k
2020: €-32k
2021: €-13k
2022: €-353
2023: €18k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-8k-€5k€14k▲ 170%€28k▲ 105%€27k▼ 6.4%
Operating result€5k-€20k▲ 318%€13k▼ 34.4%€21k▲ 55.5%€-1k
Net result€2k-€14k▲ 635%€9k▼ 35.8%€15k▲ 67.4%€-2k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €1k after €21k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €89k
Fixed assets
€33k ▲ 142%
Current assets
€56k ▼ 0.2%
Equity and liabilities €89k
Equity
€27k ▼ 6.4%
Debt
€62k ▲ 51.1%
Debt's share of the balance-sheet total rises from 59.1% to 70.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€12k▼
2023 · €30k
Cash flow
€12k▼
2023 · €24k
Current ratio
0.90▼
2023 · 1.48
Quick ratio
0.44▼
2023 · 0.88
Debt to equity
2.33▲
2023 · 1.45
ROE
-6.8%▼
2023 · 51.3%
ROA
-2.0%▼
2023 · 21.0%
Interest coverage
35.04▼
2023 · 77.04
Debt ≤ 1 year
€62k▲
2023 · €38k
Income taxes
€223▼
2023 · €6k
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 · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€70k€89k▲
Fixed assets21/28€14k€33k▲
Tangible fixed assets22/27€13k€33k▲
Land and buildings22-€15k
Furniture and vehicles24€13k€18k▲
Financial fixed assets28€135€135=
Current assets29/58€56k€56k▼
Stocks and contracts in progress3€23k€29k▲
Stocks30/36€23k€29k▲
Amounts receivable within one year40/41€3k€6k▲
Trade receivables40€3k€2k▼
Other amounts receivable41-€3k
Cash at bank and in hand54/58€28k€19k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€70k€89k▲
Equity10/15€28k€27k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€7k€7k=
Tax-exempt reserves132€7k€7k=
Profit (loss) carried forward14€3k€1k▼
Amounts payable17/49€41k€62k▲
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€38k€62k▲
Current portion of amounts payable after more than one year42€5k€4k▼
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€2k€2k=
Taxes450/3€2k€2k=
Other amounts payable47/48€27k€53k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€14k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€32k€15k▼
Operating profit (loss)9901€21k€-1k▼
Financial income75/76B€7€125▲
Recurring financial income75€7€125▲
Financial charges65/66B€389€352▼
Recurring financial charges65€389€352▼
Profit (loss) for the period before taxes9903€21k€-2k▼
Income taxes67/77€6k€223▼
Profit (loss) for the period9904€15k€-2k▼
Profit (loss) for the period to be appropriated9905€15k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€1k▼
Profit (loss) brought forward from the previous period14P€-11k€3k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-2k ▼112%
Net result drops to €-2k, the lowest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €15k ▲67.4%
Operating result €21k, net result €15k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
11-07
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
2 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, Sankt Vith · 2 establishment units since 1994
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.
Marianusstraße,Emmels 254780 Sankt Vith2 establishment units
VIEHHANDEL NIESSEN PGMBH
since 19942.065.614.406
Marianusstraße,Emmels 5, 4780 Sankt Vith
since 20112.256.517.532
Recognitions · licences · registrations
Food safety, FASFC
1 siteSankt Vith/Saint-Vith2.256.517.532
Similar companies · same sector, comparable size
FRESH CONNECTION HOLDING
BE 0719.627.459
Antwerpen · Eq €26,497
CAVEL INT.
BE 0773.577.077
Zele · Eq €28,273
L'Ortye
BE 0472.158.782
Donceel · Eq €30,068
VEEHANDEL DECRICK
BE 0807.502.927
Pepingen · Eq €30,093
DETAILLE Philippe
BE 0508.846.756
Bastogne · Eq €30,118
Of 946 companies in sector 46231 we hold annual accounts for 422. 214 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-1994
Fiscal year end31-12
Activities, NACEBEL 2025
46231Wholesale of live animals
01410Raising of dairy cattle
46216Wholesale of agricultural produce and animal feed, general range
94999Other membership organisations
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filings
Scores and ratios are computed by Checked and are not a credit decision.