VINAMOR
ActiveVINAMOR has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €-4k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 78% of 11210 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-36
Solvency100▲+17
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 4.3 against 2.35 in 2024; short-term debt: 23.3% and cash: 20% of total assets), and 23.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · 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 →
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 2025Solvency, return and age of the figures
Solvency
76.7%
Return on assets
-16.3%
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 13-04-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
6 d early
2023
42 d early
2022
5 d early
2021
47 d early
2020
66 d early
2019
73 d early
← before the deadline
after the deadline →
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
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€55k
EBIT margin
-7.1%
Net result
€-4k▼ 1,475%
2024 · €-253
2018: €-2k
2019: €2k
2020: €611
2021: €2k
2022: €3k
2023: €-1k
2024: €-253
2018 → 2025
Working capital
€19k▼ 17.5%
2024 · €23k
2018: €17k
2019: €19k
2020: €19k
2021: €21k
2022: €24k
2023: €23k
2024: €23k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€55k
Equity€21k-€24k▲ 12.1%€23k▼ 4.4%€23k▼ 1.1%€19k▼ 17.5%
Operating result€2k-€4k▲ 50.8%€-629€-112▲ 82.2%€-4k▼ 3,356%
Net result€2k-€3k▲ 25.2%€-1k€-253▲ 76.4%€-4k▼ 1,475%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €112 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €24k
Equity
€19k▼ 17.5%
Debt
€6k▼ 66.1%
The debt ratio falls from 42.5% to 23.3%. Equity and debt are lower.
Key figures and ratios
Solvency
76.7%▲
2024 · 57.5%
Current ratio
4.30▲
2024 · 2.35
Quick ratio
1.75▲
2024 · 1.57
Debt / equity
0.30▼
2024 · 0.74
ROE
-21.2%▼
2024 · -1.1%
ROA
-16.3%▼
2024 · -0.6%
Debt
€6k▼
2024 · €17k
Debt ≤ 1 year
€6k▼
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€40k€24k▼
Current assets29/58€40k€24k▼
Stocks and contracts in progress3€13k€14k▲
Stocks30/36€13k€14k▲
Amounts receivable within one year40/41€12k€5k▼
Trade receivables40€12k€5k▼
Cash at bank and in hand54/58€14k€5k▼
Equity and liabilities
Total equity and liabilities10/49€40k€24k▼
Equity10/15€23k€19k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€15k€11k▼
Amounts payable17/49€17k€6k▼
Amounts payable within one year42/48€17k€6k▼
Trade debts44€10k€751▼
Suppliers440/4€10k€751▼
Taxes, remuneration and social security45€3k€1k▼
Taxes450/3€3k€1k▼
Other amounts payable47/48€4k€4k▲
Income statement
Code20242025
Turnover70-€55k
Non-recurring operating income76A-€55k
Goods, raw materials, services and sundry goods60/61-€52k
Other operating charges640/8€1k€7k▲
Gross operating margin9900€1k€3k▲
Operating profit (loss)9901€-112€-4k▼
Financial charges65/66B€118€114▼
Recurring financial charges65€118€114▼
Profit (loss) for the period before taxes9903€-230€-4k▼
Income taxes67/77€23-
Profit (loss) for the period9904€-253€-4k▼
Profit (loss) for the period to be appropriated9905€-253€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€11k▼
Profit (loss) brought forward from the previous period14P€15k€15k▼
The notes to these accounts (3 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
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €3k ▲25.2%
Operating result €4k, net result €3k, both a record.
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Liquidity doublescurrent ratio 8.42
Current ratio from 3.55 to 8.42; short-term debt falls from €8k to €3k.
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Huy · 1 establishment unit since 1992
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.
Thier au Pequet 514500 HuyGround area
1,232 m²
Building footprint
236 m²
Volume, LiDAR
2,626 m³
2 parcels, Wallonia · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
VINAMOR SC
since 19922.055.552.932
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61031B0373/00M000indicative | Wallonia | 704 m² | 1 · 235 m² | 14.9 m · 4 fl. |
| 61031B0970/00W000 | Wallonia | 528 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BIERHANDEL PAUWAERT
BE 0862.109.670
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BE 0801.605.822
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Dranken Milissen
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Of 1,580 companies in sector 46349 we hold annual accounts for 986. 447 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-1991
Fiscal year end30-09
Activities, NACEBEL
46349Wholesale of beverages, general range
51340
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.