Vinc
ActiveVinc has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €76k and a net result of €-26k. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 68 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency100=
Growth41▼-25
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity ample (current ratio 3.45 against 3.61 in 2023), and 30.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 84
Relative position
BE, all sectors
reference
Sector 84
lower
← 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
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
69.5%
Return on assets
-23.7%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€26k
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 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
35 d early
2022
45 d early
2021
44 d early
2020
36 d early
2019
49 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€10k▼ 68.0%
2023 · €32k
2018: €14k
2019: €20k
2020: €2k
2021: €21k
2022: €15k
2023: €32k
2018 → 2024
EBIT margin
-244.8%▼ 224.5pp
2023 · -20.3%
2018: 1.4%
2019: 469.4%
2020: 404.8%
2021: -45.0%
2022: -17.3%
2023: -20.3%
2018 → 2024
Net result
€-26k▼ 247%
2023 · €-7k
2018: €24k
2019: €117k
2020: €123k
2021: €-10k
2022: €-3k
2023: €-7k
2018 → 2024
Working capital
€76k▼ 24.0%
2023 · €100k
2018: €90k
2019: €118k
2020: €125k
2021: €108k
2022: €106k
2023: €100k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2k-€21k▲ 1,093%€15k▼ 26.2%€32k▲ 109%€10k▼ 68.0%
Equity€123k-€113k▼ 8.2%€109k▼ 3.1%€102k▼ 6.8%€76k▼ 25.5%
Operating result€7k-€-9k€-3k▲ 71.6%€-6k▼ 146%€-25k▼ 286%
Net result€123k-€-10k€-3k▲ 65.9%€-7k▼ 117%€-26k▼ 247%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2024 against €6k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €109k
Fixed assets
€2k▼ 50.0%
Current assets
€107k▼ 22.6%
Equity and liabilities €109k
Equity
€76k▼ 25.5%
Debt
€33k▼ 18.1%
The debt ratio rises from 28.5% to 30.5%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-23k▼
2023 · €-5k
Cash flow
€-24k▼
2023 · €-6k
Solvency
69.5%▼
2023 · 71.5%
Current ratio
3.45▼
2023 · 3.61
Quick ratio
3.45▼
2023 · 3.61
Debt / equity
0.44▲
2023 · 0.40
ROE
-34.2%▼
2023 · -7.3%
ROA
-23.7%▼
2023 · -5.2%
Interest coverage
-21.95▼
2023 · -4.47
Debt
€33k▼
2023 · €41k
Debt ≤ 1 year
€31k▼
2023 · €38k
Staff costs
€214k▲
2023 · €154k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€143k€109k▼
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Plant, machinery and equipment23€4k€2k▼
Current assets29/58€139k€107k▼
Amounts receivable within one year40/41€2k€19k▲
Other amounts receivable41€2k€19k▲
Current investments50/53€1k€1,000=
Cash at bank and in hand54/58€132k€84k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€143k€109k▼
Equity10/15€102k€76k▼
Profit (loss) carried forward14€102k€76k▼
Amounts payable17/49€41k€33k▼
Amounts payable within one year42/48€38k€31k▼
Trade debts44€17k€3k▼
Suppliers440/4€17k€3k▼
Taxes, remuneration and social security45€15k€23k▲
Remuneration and social security454/9€15k€23k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20232024
Turnover70€32k€10k▼
Goods, raw materials, services and sundry goods60/61€82k€52k▼
Remuneration, social security and pensions62€154k€214k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Gross operating margin9900€149k€191k▲
Operating profit (loss)9901€-6k€-25k▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€-7k€-26k▼
Profit (loss) for the period9904€-7k€-26k▼
Profit (loss) for the period to be appropriated9905€-7k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€102k€76k▼
Profit (loss) brought forward from the previous period14P€109k€102k▼
Social balance
Average headcount (FTE)90872.43.4▲
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
2026
24-08
State Gazette act
General meeting · Name changeGeneral meeting · Name change · Corporate purpose26 facts ▸
State Gazette act
General meeting · Name change
General meeting · Name change · Corporate purpose26 facts ▸
- General meeting, 2025-06-25
- General meeting, 2026-03-18
- Name change, VINC, Vrije Tijd en Inclusie vzw
- Corporate purpose, 1.Het aanbieden van een aangepast vrijetijdsaanbod voor personen met een beperking, zowel doelgroepspecifiek als inclusief van aard. 2.Het bevorderen van het we…
- Statutes amendment
- Director appointment, Rita Glineur (voorzitster)
- Board composition, bestuurder, 2025-05-28
- Board composition, bestuurder, 2025-05-28
- Board composition, bestuurder, 2025-05-28
- Board composition, schatbewaarder, 2025-05-28
- Board composition, voorzitster, 2025-05-28
- Board composition, bestuurder, 2025-05-28
- +14 further facts in this act
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €123k ▲5.2%
Net result €123k, the highest in the series.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €100kEq €117k ▲385%
2 profitable years in a row build equity to €117k.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 15 acts read
About the unread acts
Of the 15 Belgian State Gazette acts we know for this company, 1 has been read. The other 14 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2025
Rita Glineur
CurrentVoorzitster · since 28-05-2025
28-05-2025
Appointed as Voorzitster
Not every act has been read: a resignation may be missing here
14 of this company's 15 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1995
Ground area
1,335 m²
Building footprint
550 m²
Volume, LiDAR
7,553 m³
Parcel 21004A0158/00D000, Brussels · tallest building 21.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Gehandicapten en Solidariteit, Sociaal Centrum
since 19952.157.942.172
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0158/00D000 ProtectedMonumentToren van de eerste stadsomwalling van Brussel |
Brussels | 1,335 m² | 1 · 550 m² | 21.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Connections & network
6 connected companiesLinked via shared directors
viaRita Glineur · Secretaris schatbewaarder
→
viaRita Glineur · Présidente
→
viaRita Glineur · Director
former→
viaRita Glineur · Director
former→
Show 2 more companies with a shared director
viaRita Glineur · Director
former→
viaRita Glineur · Director
former→
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Of 102 companies in sector 84309 we hold annual accounts for 41. 11 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded23-07-1992
Fiscal year end31-12
Legal name NL
VINC, Vrije Tijd en Inclusie vzw
Activities, NACEBEL
84309Public administration and defence; compulsory social security
85323
88109Social work activities without accommodation
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.