VINCENTGOED
ActiveVINCENTGOED has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.35M and a net result of €13k. Equity is growing by ~3.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+1
Solvency87▲+2
Growth52▲+17
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 6.54 against 4.84 in 2024; short-term debt: 2.5% and cash: 2% of total assets), and 37.8% 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
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
62.2%
Return on assets
0%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
31 d early
2023
21 d early
2022
19 d early
2021
19 d early
2020
24 d early
2019
18 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.15M▲ 3.2%
2024 · €1.12M
2018: €5.46M
2019: €5.76M
2020: €5.70M
2021: €5.55M
2022: €0
2024: €1.12M
2018 → 2025
EBIT margin
4.9%▲ 16.8pp
2024 · -12.0%
2018: -3.9%
2019: -3.4%
2020: -2.5%
2021: -1.2%
2024: -12.0%
2018 → 2025
Net result
€13k
2024 · €-279k
2018: €-256k
2019: €-104k
2020: €-151k
2021: €-58k
2022: €204k
2023: €417k
2024: €-279k
2018 → 2025
Working capital
€3.65M▲ 20.6%
2024 · €3.03M
2018: €6.80M
2019: €7.45M
2020: €7.63M
2021: €9.00M
2022: €9.67M
2023: €4.42M
2024: €3.03M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€5.55M-€0▼ 100%€1.12M€1.15M▲ 3.2%
Equity€14.30M-€16.43M▲ 14.8%€16.69M▲ 1.6%€16.23M▼ 2.8%€16.35M▲ 0.7%
Operating result€-65k-€326k€322k▼ 1.3%€-133k€56k
Net result€-58k-€204k€417k▲ 105%€-279k€13k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €56k after a loss of €133k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26.28M
Fixed assets
€21.97M▼ 5.2%
Current assets
€4.31M▲ 13.0%
Equity and liabilities €26.28M
Equity
€16.35M▲ 0.7%
Provisions
€1.19M▼ 6.3%
Debt
€8.75M▼ 7.9%
The debt ratio falls from 35.2% to 33.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.32M▲
2024 · €1.27M
Cash flow
€1.28M▲
2024 · €1.13M
Solvency
62.2%▲
2024 · 60.1%
Current ratio
6.54▲
2024 · 4.84
Quick ratio
6.54▲
2024 · 4.84
Debt / equity
0.54▼
2024 · 0.59
ROE
0.1%▲
2024 · -1.7%
ROA
0.0%▲
2024 · -1.0%
Interest coverage
12.89▲
2024 · 11.67
Debt
€8.75M▼
2024 · €9.50M
Debt ≤ 1 year
€659k▼
2024 · €787k
Debt > 1 year
€8.08M▼
2024 · €8.71M
Income taxes
€16k▲
2024 · €15k
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€27.00M€26.28M▼
Fixed assets21/28€23.18M€21.97M▼
Tangible fixed assets22/27€23.18M€21.97M▼
Land and buildings22€18.05M€17.04M▼
Plant, machinery and equipment23€3.79M€3.61M▼
Furniture and vehicles24€32k€21k▼
Other tangible fixed assets26€1.17M€1.12M▼
Assets under construction and advance payments27€140k€179k▲
Current assets29/58€3.81M€4.31M▲
Amounts receivable within one year40/41€128k€182k▲
Trade receivables40€4k€11k▲
Other amounts receivable41€124k€172k▲
Current investments50/53€3.05M€3.61M▲
Cash at bank and in hand54/58€634k€514k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€27.00M€26.28M▼
Equity10/15€16.23M€16.35M▲
Contributions10/11€4.02M€4.02M=
Capital10€4.02M€4.02M=
Revaluation surpluses12€3.20M€3.00M▼
Reserves13€4.40M€4.60M▲
Profit (loss) carried forward14€1.80M€1.82M▲
Investment grants15€2.80M€2.91M▲
Provisions and deferred taxes16€1.27M€1.19M▼
Provisions for liabilities and charges160/5€1.27M€1.19M▼
Major repairs and maintenance162€1.27M€1.19M▼
Amounts payable17/49€9.50M€8.75M▼
Amounts payable after more than one year17€8.71M€8.08M▼
Financial debts170/4€8.71M€8.08M▼
Credit institutions173€8.71M€8.08M▼
Amounts payable within one year42/48€787k€659k▼
Current portion of amounts payable after more than one year42€628k€629k▲
Trade debts44€159k€30k▼
Suppliers440/4€159k€30k▼
Accrued charges and deferred income492/3€164€5k▲
Income statement
Code20242025
Operating income70/76A€1.31M€1.37M▲
Turnover70€1.12M€1.15M▲
Other operating income74€8k€37k▲
Operating charges60/66A€1.44M€1.32M▼
Goods for resale, raw materials and consumables60-€7k
Purchases600/8-€7k
Services and other goods61€62k€117k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.41M€1.26M▼
Other operating charges640/8€7k€11k▲
Operating profit (loss)9901€-133k€56k▲
Financial income75/76B€22k€5k▼
Recurring financial income75€22k€5k▼
Income from current assets751€22k€5k▼
Financial charges65/66B€152k€32k▼
Recurring financial charges65€152k€32k▼
Debt charges650€109k€102k▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€-80k
Other financial charges652/9€43k€10k▼
Profit (loss) for the period before taxes9903€-263k€28k▲
Income taxes67/77€15k€16k▲
Taxes670/3€15k€16k▲
Profit (loss) for the period9904€-279k€13k▲
Profit (loss) for the period to be appropriated9905€-279k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.80M€1.82M▲
Profit (loss) brought forward from the previous period14P€2.08M€1.80M▼
The notes to these accounts (57 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
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-279k ▼167%
Net result drops to €-279k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €417k ▲105%
Net result €417k, the highest in the series.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €204k
Net result €204k after 4 loss-making years.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
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
11 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, Ardooie
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.
Kortrijksestraat 588850 ArdooieGround area
1.3 ha
Building footprint
4,095 m²
Volume, LiDAR
27,017 m³
Parcel 36001E0422/00G002, Flanders · tallest building 15.0 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001E0422/00G002 | Flanders | 1.3 ha | 1 · 4,095 m² | 15.0 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 373,430 EUR awarded · 373,430 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 364,418 EUR | 364,418 EUR |
| 2023 | 1 | 5,133 EUR | 5,133 EUR |
| 2022 | 1 | 3,879 EUR | 3,879 EUR |
Schemes
Erkenning en financiering/subsidiëring centra voor dagverzorging
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Dual-learning approval
1 endedLegal Entity Identifier
96760026C36Q1M9JGB20
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded27-09-1989
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.