VIFRI
ActiveSummary
VIFRI has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37k and a net result of €124. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 54% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-33
Solvency60▲+1
Growth78=
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 short (current ratio 0.37 against 0.46 in 2024; short-term debt: 48.6% and cash: 2.1% of total assets), and 64.9% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 56
higher
← 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
35.1%
Return on assets
0.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
30 d early
2023
46 d early
2022
47 d early
2021
51 d early
2020
29 d early
2019
20 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€37k▲ 0.3%
2024 · €37k
2018: €25k
2019: €26k
2020: €37k
2021: €36k
2022: €33k
2023: €35k
2024: €37k
2018 → 2025
Total assets
€105k▼ 1.5%
2024 · €107k
2018: €26k
2019: €29k
2020: €41k
2021: €42k
2022: €34k
2023: €75k
2024: €107k
2018 → 2025
Net result
€124▼ 92.9%
2024 · €2k
2018: €-6k
2019: €1k
2020: €11k
2021: €2k
2022: €-3k
2023: €4k
2024: €2k
2018 → 2025
Working capital
€-32k▼ 13.7%
2024 · €-28k
2018: €24k
2019: €25k
2020: €37k
2021: €33k
2022: €31k
2023: €-15k
2024: €-28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€36k-€33k▼ 8.1%€35k▲ 6.7%€37k▲ 5.0%€37k▲ 0.3%
Operating result€2k-€-3k€4k€5k▲ 32.8%€5k▼ 4.9%
Net result€2k-€-3k€4k€2k▼ 53.8%€124▼ 92.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €105k
Fixed assets
€86k ▲ 4.9%
Current assets
€19k ▼ 22.8%
Equity and liabilities €105k
Equity
€37k ▲ 0.3%
Debt
€68k ▼ 2.5%
Debt's share of the balance-sheet total falls from 65.5% to 64.9%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.37▼
2024 · 0.46
Quick ratio
0.10▼
2024 · 0.36
Debt to equity
1.85▼
2024 · 1.90
ROE
0.3%▼
2024 · 4.8%
ROA
0.1%▼
2024 · 1.6%
Debt ≤ 1 year
€51k▼
2024 · €53k
Debt > 1 year
€17k=
2024 · €17k
Income taxes
€1k▲
2024 · €169
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€107k€105k▼
Fixed assets21/28€82k€86k▲
Tangible fixed assets22/27€82k€86k▲
Plant, machinery and equipment23€39k€43k▲
Leasing and similar rights25€44k€44k=
Current assets29/58€25k€19k▼
Stocks and contracts in progress3€5k€14k▲
Stocks30/36€5k€14k▲
Amounts receivable within one year40/41€18k€2k▼
Trade receivables40€2k€499▼
Other amounts receivable41€16k€1k▼
Cash at bank and in hand54/58€440€2k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€107k€105k▼
Equity10/15€37k€37k▲
Contributions10/11€19k€19k=
Reserves13€13k€13k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€5k€5k▲
Amounts payable17/49€70k€68k▼
Amounts payable after more than one year17€17k€17k=
Financial debts170/4€17k€17k=
Amounts payable within one year42/48€53k€51k▼
Current portion of amounts payable after more than one year42€14k-
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€169€1k▲
Taxes450/3€169€1k▲
Other amounts payable47/48€37k€44k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k-
Other operating charges640/8€4k€3k▼
Gross operating margin9900€26k€8k▼
Operating profit (loss)9901€5k€5k▼
Financial income75/76B€27-
Recurring financial income75€27-
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€2k€1k▼
Income taxes67/77€169€1k▲
Profit (loss) for the period9904€2k€124▼
Profit (loss) for the period to be appropriated9905€2k€124▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€5k▲
Profit (loss) brought forward from the previous period14P€3k€5k▲
The notes to these accounts (6 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
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
14-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity times 5current ratio 32.32
Current ratio from 6.91 to 32.32; short-term debt falls from €6k to €976.
10-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €11k ▲981%
Operating result €12k, net result €11k, both a record.
10-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Anzegem · 1 establishment unit since 1997
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.
Varentstraat 608572 AnzegemGround area
1,537 m²
Building footprint
218 m²
Volume, LiDAR
960 m³
2 parcels, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ter Katte
since 19972.080.533.303
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34019B0130/00E000 | Flanders | 1,497 m² | 1 · 177 m² | 8.1 m · 2 fl. |
| 34005C0144/02B000 | Flanders | 40 m² | 1 · 41 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
1 siteKortrijk2.080.533.303
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PANACHAI
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Sushi Eiland
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 8,450 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 (pre-2019)
Founded17-06-1996
Fiscal year end30-09
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.