Vincent ETIENNE
ActiveVincent ETIENNE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.15M and a net result of €65k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 1740 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 2.41 against 2.67 in 2023; short-term debt: 8.5% and cash: 3.7% of total assets), and 14.6% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
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
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
85.4%
Return on assets
2.6%
Age of the figures
20 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 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
68 d late
2022
69 d late
2021
81 d late
2020
89 d late
2019
143 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€65k=
2023 · €65k
2022: €84k
2023: €65k
2022 → 2024
Working capital
€301k▲ 1.3%
2023 · €298k
2022: €363k
2023: €298k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€2.02M-€2.09M▲ 3.2%€2.15M▲ 3.1%
Operating result€70k-€41k▼ 42.0%€41k▲ 2.1%
Net result€84k-€65k▼ 22.6%€65k=
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 2% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.52M
Fixed assets
€2.00M▼ 2.0%
Current assets
€515k▲ 8.1%
Equity and liabilities €2.52M
Equity
€2.15M▲ 3.1%
Provisions
€100k=
Debt
€269k▼ 20.0%
The debt ratio falls from 13.3% to 10.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€67k▲
2023 · €66k
Cash flow
€90k=
2023 · €90k
Solvency
85.4%▲
2023 · 82.7%
Current ratio
2.41▼
2023 · 2.67
Quick ratio
2.41▼
2023 · 2.67
Debt / equity
0.12▼
2023 · 0.16
ROE
3.0%▼
2023 · 3.1%
ROA
2.6%▲
2023 · 2.6%
Interest coverage
25.41▲
2023 · 17.48
Debt
€269k▼
2023 · €336k
Debt ≤ 1 year
€213k▲
2023 · €179k
Debt > 1 year
€56k▼
2023 · €157k
Income taxes
€28k▲
2023 · €27k
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€2.52M€2.52M▼
Fixed assets21/28€2.04M€2.00M▼
Tangible fixed assets22/27€561k€536k▼
Land and buildings22€140k€140k=
Plant, machinery and equipment23€421k€396k▼
Financial fixed assets28€1.48M€1.47M▼
Current assets29/58€476k€515k▲
Amounts receivable within one year40/41€16k€17k▲
Trade receivables40€5k€15k▲
Other amounts receivable41€11k€2k▼
Current investments50/53€403k€403k=
Cash at bank and in hand54/58€57k€94k▲
Equity and liabilities
Total equity and liabilities10/49€2.52M€2.52M▼
Equity10/15€2.09M€2.15M▲
Contributions10/11€472k€472k=
Reserves13€1.49M€1.56M▲
Non-distributable reserves130/1€48k€48k=
Reserves not available under the articles1311€48k€48k=
Distributable reserves133€1.44M€1.51M▲
Profit (loss) carried forward14€123k€123k=
Provisions and deferred taxes16€100k€100k=
Provisions for liabilities and charges160/5€100k€100k=
Pensions and similar obligations160€100k€100k=
Amounts payable17/49€336k€269k▼
Amounts payable after more than one year17€157k€56k▼
Financial debts170/4€157k€56k▼
Amounts payable within one year42/48€179k€213k▲
Current portion of amounts payable after more than one year42€101k€102k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€14k€34k▲
Taxes450/3€7k€34k▲
Remuneration and social security454/9€7k-
Other amounts payable47/48€60k€74k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€25k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5k
Other operating charges640/8€593€819▲
Gross operating margin9900€66k€73k▲
Operating profit (loss)9901€41k€41k▲
Financial income75/76B€56k€54k▼
Recurring financial income75€56k€54k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€92k€93k▲
Income taxes67/77€27k€28k▲
Profit (loss) for the period9904€65k€65k=
Profit (loss) for the period to be appropriated9905€65k€65k=
Appropriation of the result
Profit (loss) to be appropriated9906€188k€188k=
Profit (loss) brought forward from the previous period14P€123k€123k=
Transfer to equity691/2€65k€65k=
To other reserves6921€65k€65k=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 68 days late
2023
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 69 days late
2022
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 81 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 89 days late
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 143 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 91 days late
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 90 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 58 days late
2016
24-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 85 days late
NBB filing
Directors · office · real estate
Directors
3 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, Sint-Pieters-Woluwe · 1 establishment unit since 2000
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.
Nijvelsedreef 601150 Sint-Pieters-WoluweGround area
655 m²
Building footprint
133 m²
Volume, LiDAR
1,394 m³
Parcel 21684B0057/00H026, Brussels · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Nijvelsedreef 60, 1150 Sint-Pieters-Woluwe
since 20002.241.005.747
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21684B0057/00H026 | Brussels | 655 m² | 1 · 133 m² | 16.4 m · 4 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.
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SOPARGEST
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Of 944 companies in sector 69203 we hold annual accounts for 660. 327 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-08-2000
Fiscal year end31-12
Activities, NACEBEL
69203Activities of company auditors
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.