Vignee Management
ActiveSummary
Vignee Management has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.22M and a net result of €23k. Equity is growing by ~42.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability53▼-22
Solvency69▲+19
Growth85=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 1.7 against 1.22 in 2023; short-term debt: 48.6% and cash: 10.7% of total assets), but 55.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
44.4%
Return on assets
0.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
42 d late
2023
41 d late
2022
24 d early
2021
94 d late
2020
90 d late
2019
98 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, full schema
Turnover
€1.19M▲ 155%
2019 · €467k
EBIT margin
-37.3%▼ 43.9pp
2019 · 6.6%
Net result
€23k▼ 90.1%
2023 · €235k
Working capital
€935k▲ 21.6%
2023 · €769k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€1.19M▲ 155%
Operating result€-444k€74k€252k▲ 240%€68k▼ 72.9%€59k▼ 13.6%
Net result€-452k€10k€169k▲ 1,566%€235k▲ 39.6%€23k▼ 90.1%
EBIT margin-37.3%▼ 43.9pp
Equity€-428k€-418k▲ 2.4%€951k€1.19M▲ 24.8%€1.22M▲ 2.9%
Total assets€966k▲ 72.7%€3.01M▲ 212%€3.58M▲ 18.7%€4.73M▲ 32.4%€2.75M▼ 41.9%
Debt€1.39M▲ 160%€3.43M▲ 146%€2.62M▼ 23.5%€3.55M▲ 35.2%€1.53M▼ 56.9%
Working capital€-844k▼ 437%€-1.02M▼ 20.5%€777k€769k▼ 1.1%€935k▲ 21.6%
Staff (FTE)15▲ 436%18.1▲ 20.7%31.6▲ 74.6%32.9▲ 4.1%32.1▼ 2.4%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 14% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.75M
Fixed assets
€480k ▼ 10.9%
Current assets
€2.27M ▼ 45.9%
Equity and liabilities €2.75M
Equity
€1.22M ▲ 2.9%
Debt
€1.53M ▼ 56.9%
Debt's share of the balance-sheet total falls from 74.9% to 55.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€231k▼
2023 · €233k
Cash flow
€195k▼
2023 · €400k
Current ratio
1.70▲
2023 · 1.22
Quick ratio
1.64▲
2023 · 1.21
Debt to equity
1.25▼
2023 · 2.99
ROE
1.9%▼
2023 · 19.8%
ROA
0.8%▼
2023 · 5.0%
Interest coverage
3.99▼
2023 · 18.18
Debt ≤ 1 year
€1.34M▼
2023 · €3.43M
Income taxes
€15k▲
2023 · €12k
Staff costs
€1.52M▼
2023 · €1.64M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.19M | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | €627k | €1.37M | €1.64M | €1.52M | ▼ 7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €75k | €123k | €151k | €165k | €172k | ▲ 4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €7k | €0 | ▼ 100% |
| Other operating charges640/8 | - | €15k | €9k | €7k | €5k | ▼ 18.7% |
| Gross operating margin9900 | €106k | €838k | €1.78M | €1.89M | €1.76M | ▼ 7.2% |
| Operating profit (loss)9901 | €-444k | €74k | €252k | €68k | €59k | ▼ 13.6% |
| Financial income75/76B | - | €30 | €2k | €192k | €37k | ▼ 80.5% |
| Recurring financial income75 | €884 | €30 | €12 | €192k | €37k | ▼ 80.5% |
| Non-recurring financial income76B | - | - | €2k | - | - | - |
| Financial charges65/66B | - | €63k | €85k | €13k | €58k | ▲ 350% |
| Recurring financial charges65 | €9k | €63k | €85k | €13k | €58k | ▲ 350% |
| Profit (loss) for the period before taxes9903 | €-451k | €10k | €169k | €248k | €39k | ▼ 84.4% |
| Income taxes67/77 | €249 | €372 | €420 | €12k | €15k | ▲ 24.2% |
| Profit (loss) for the period9904 | €-452k | €10k | €169k | €235k | €23k | ▼ 90.1% |
| Profit (loss) for the period to be appropriated9905 | €-452k | €10k | €169k | €235k | €23k | ▼ 90.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €966k | €3.01M | €3.58M | €4.73M | €2.75M | ▼ 41.9% |
| Fixed assets21/28 | €455k | €662k | €574k | €538k | €480k | ▼ 10.9% |
| Intangible fixed assets21 | €40k | €30k | €20k | €10k | €942 | ▼ 90.5% |
| Tangible fixed assets22/27 | €413k | €630k | €552k | €524k | €474k | ▼ 9.5% |
| Land and buildings22 | - | €176k | €160k | €158k | €135k | ▼ 14.6% |
| Plant, machinery and equipment23 | - | €157k | €134k | €120k | €98k | ▼ 18.1% |
| Furniture and vehicles24 | - | €266k | €215k | €183k | €149k | ▼ 18.8% |
| Leasing and similar rights25 | - | €31k | €43k | €62k | €92k | ▲ 47.8% |
| Financial fixed assets28 | €1k | €1k | €1k | €4k | €4k | = |
| Current assets29/58 | €511k | €2.35M | €3.00M | €4.20M | €2.27M | ▼ 45.9% |
| Stocks and contracts in progress3 | €57k | €76k | €22k | €55k | €76k | ▲ 38.7% |
| Stocks30/36 | - | €76k | €22k | €55k | €76k | ▲ 38.7% |
| Amounts receivable within one year40/41 | €103k | €1.80M | €2.78M | €3.84M | €1.79M | ▼ 53.3% |
| Trade receivables40 | - | €1.51M | €168k | €1.14M | €1.16M | ▲ 1.7% |
| Other amounts receivable41 | - | €284k | €2.61M | €2.69M | €630k | ▼ 76.6% |
| Cash at bank and in hand54/58 | €26k | €110k | €153k | €223k | €293k | ▲ 31.8% |
| Deferred charges and accrued income490/1 | - | €367k | €49k | €83k | €110k | ▲ 33.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €966k | €3.01M | €3.58M | €4.73M | €2.75M | ▼ 41.9% |
| Equity10/15 | €-428k | €-418k | €951k | €1.19M | €1.22M | ▲ 2.9% |
| Contributions10/11 | €6k | €6k | €1.21M | €1.21M | €1.21M | = |
| Capital10 | - | €6k | €1.21M | - | - | - |
| Issued capital100 | - | €19k | €1.21M | - | - | - |
| Uncalled capital101 | - | €12k | - | - | - | - |
| Profit (loss) carried forward14 | €-434k | €-424k | €-256k | €-20k | €3k | ▲ 116% |
| Investment grants15 | - | - | - | - | €11k | - |
| Amounts payable17/49 | €1.39M | €3.43M | €2.62M | €3.55M | €1.53M | ▼ 56.9% |
| Amounts payable within one year42/48 | €1.36M | €3.37M | €2.22M | €3.43M | €1.34M | ▼ 61.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €14k | - |
| Trade debts44 | €288k | €515k | €352k | €433k | €300k | ▼ 30.8% |
| Suppliers440/4 | - | €515k | €352k | €433k | €300k | ▼ 30.8% |
| Advances received on contracts in progress46 | - | €57k | €103k | €114k | €179k | ▲ 57.7% |
| Taxes, remuneration and social security45 | - | €111k | €133k | €197k | €187k | ▼ 5.0% |
| Taxes450/3 | - | €6k | €11k | €30k | €23k | ▼ 23.4% |
| Remuneration and social security454/9 | - | €105k | €123k | €167k | €164k | ▼ 1.7% |
| Other amounts payable47/48 | - | €2.68M | €1.64M | €2.68M | €655k | ▼ 75.6% |
| Accrued charges and deferred income492/3 | - | €62k | €400k | €121k | €195k | ▲ 61.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-452k | €10k | €169k | €235k | €23k | ▼ 90.1% |
| + Depreciation and write-downs630 | €75k | €123k | €151k | €165k | €172k | ▲ 4.0% |
| Operating cash flow (approximation) | €-377k | €133k | €319k | €400k | €195k | ▼ 51.3% |
| Investment in fixed assets (approximation) | - | €-330k | €-63k | €-130k | €-113k | ▲ 12.7% |
| Change in cash | - | €84k | €43k | €70k | €71k | ▲ 1.6% |
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
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 42 days late
2024
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 41 days late
2023
31-12
Financial
Highest result since 2019net €235k ▲39.6%
Net result €235k, the highest in the series.
31-12
Financial
Equity above €1MEq €1.19M ▲24.8%
3 profitable years in a row build equity to €1.19M.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €500kEq €951k
2 profitable years in a row build equity to €951k.
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 94 days late
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €-452k
Net result drops to €-452k, the lowest in the series; recovery starts the following year.
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 98 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Rochefort · 1 establishment unit since 2018
Ground area
2.6 ha
Building footprint
96 m²
Parcel 91128A0231/00Z000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Vignee Management
since 20182.279.153.570
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91128A0231/00Z000 | Wallonia | 2.6 ha | 1 · 96 m² | - |
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 siteRochefort2.279.153.570
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Of 9,143 companies in sector 68201 we hold annual accounts for 6,769. 4,716 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
Founded23-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
82990Other business support services
Contact
Website
www.chateaudevignee.be
E-mail
info@chateaudevignee.be
Scores and ratios are computed by Checked and are not a credit decision.