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VINE DEVOS

Active
Public limited companyfounded 199135 yrs activeOostendestraat 264, 8820 Torhout, BelgiumKBO/BCE: BE 0444.043.828

VINE DEVOS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137k and a net result of €-13k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 49% of 18039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
70 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▼-2
Solvency58▼-1
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
short-term debt: 0.3% and cash: 14.7% of total assets, and 66.8% 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 riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year €-13k
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
49 d early
2024
73 d early
2023
50 d early
2022
53 d early
2021
52 d early
2020
53 d early
2019
15 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 months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€137k▼ 8.9%
2024 · €150k
2018: €151k 2019: €151k 2020: €151k 2021: €153k 2022: €155k 2023: €155k 2024: €150k
2018 → 2025
Total assets
€413k▼ 6.1%
2024 · €440k
2018: €517k 2019: €492k 2020: €481k 2021: €482k 2022: €463k 2023: €453k 2024: €440k
2018 → 2025
Net result
€-13k▼ 166%
2024 · €-5k
2018: €-13k 2019: €185 2020: €165 2021: €2k 2022: €2k 2023: €107 2024: €-5k
2018 → 2025
Working capital
€271k▼ 17.2%
2024 · €327k
2018: €231k 2019: €253k 2020: €277k 2021: €304k 2022: €310k 2023: €329k 2024: €327k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€153k-€155k▲ 1.4%€155k▲ 0.1%€150k▼ 3.2%€137k▼ 8.9%
Operating result€2k-€2k▲ 14.9%€193▼ 91.4%€-5k€-14k▼ 195%
Net result€2k-€2k▲ 15.7%€107▼ 94.9%€-5k€-13k▼ 166%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-15k€-10k€-5k€0Operating result 2021: €2k€2kNet result 2021: €2k€2kOperating result 2022: €2k€2kNet result 2022: €2k€2kOperating result 2023: €193€193Net result 2023: €107€107Operating result 2024: €-5k€-5kNet result 2024: €-5k€-5kOperating result 2025: €-14k€-14kNet result 2025: €-13k€-13k20212022202320242025
The operating result stays negative: a loss of €14k in 2025 against €5k 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
Assets €413k
Fixed assets €141k▲ 30.1%
Current assets €272k▼ 17.9%
Equity and liabilities €413k
Equity €137k▼ 8.9%
Debt €276k▼ 4.6%
The debt ratio rises from 65.8% to 66.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€20k
2024 · €20k
Cash flow
€21k
2024 · €20k
Solvency
33.2%
2024 · 34.2%
Quick ratio
55.97
2024 · 24.65
Debt / equity
2.01
2024 · 1.92
ROE
-9.8%
2024 · -3.4%
ROA
-3.2%
2024 · -1.1%
Interest coverage
122.17
2024 · 101.68
Debt
€276k
2024 · €289k
Debt ≤ 1 year
€1k
2024 · €4k
Debt > 1 year
€275k
2024 · €285k
A ratio outside any meaningful range has been withheld (balance sheet total €413k, equity €137k).
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€440k€413k
Fixed assets21/28€108k€141k
Tangible fixed assets22/27€108k€141k
Land and buildings22€103k€77k
Plant, machinery and equipment23€2k€2k
Furniture and vehicles24€3k€62k
Other tangible fixed assets26€972€793
Current assets29/58€332k€272k
Stocks and contracts in progress3€230k€206k
Stocks30/36€230k€206k
Amounts receivable within one year40/41€5k€5k
Trade receivables40€4k€4k
Other amounts receivable41€64€376
Current investments50/53€50k-
Cash at bank and in hand54/58€46k€61k
Deferred charges and accrued income490/1€381€911
Equity and liabilities
Total equity and liabilities10/49€440k€413k
Equity10/15€150k€137k
Contributions10/11€300k€300k=
Capital10€300k€300k=
Issued capital100€300k€300k=
Profit (loss) carried forward14€-150k€-163k
Amounts payable17/49€289k€276k
Amounts payable after more than one year17€285k€275k
Other amounts payable178/9€285k€275k
Amounts payable within one year42/48€4k€1k
Trade debts44-€9
Suppliers440/4-€9
Advances received on contracts in progress46€3k-
Taxes, remuneration and social security45€991€1k
Taxes450/3€991€1k
Accrued charges and deferred income492/3€225€225=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€34k
Other operating charges640/8€9k€9k
Gross operating margin9900€29k€29k
Operating profit (loss)9901€-5k€-14k
Financial income75/76B€0€1k
Recurring financial income75€0€1k
Financial charges65/66B€199€165
Recurring financial charges65€199€165
Profit (loss) for the period before taxes9903€-5k€-13k
Profit (loss) for the period9904€-5k€-13k
Profit (loss) for the period to be appropriated9905€-5k€-13k
Appropriation of the result
Profit (loss) to be appropriated9906€-150k€-163k
Profit (loss) brought forward from the previous period14P€-145k€-150k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series.
31-12
Financial Liquidity triplescurrent ratio 229.03
Current ratio from 80.78 to 229.03; short-term debt falls from €4k to €1k.
19-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity doublescurrent ratio 66.18
Current ratio from 29.30 to 66.18; short-term debt falls from €11k to €5k.
08-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €2k ▲15.7%
Operating result €2k, net result €2k, both a record.
09-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
08-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
16-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €185
Net result €185 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 18.51
Current ratio from 7.58 to 18.51; short-term debt falls from €35k to €14k.
12-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
17-05
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Torhout · 1 establishment unit since 1991
establishment The establishment unit on the map
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.

Oostendestraat 2648820 Torhout
Ground area
1,923 m²
Building footprint
406 m²
Volume, LiDAR
1,983 m³
Parcel 31033I0490/00V002, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VINE DEVOS NV
Oostendestraat 264, 8820 TorhoutLogistics services
since 19912.053.196.426
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31033I0490/00V002 Flanders 1,923 m² 1 · 406 m² 6.3 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Torhout2.053.196.426
2 permissions
Kamer met ontbijt · since 04-10-2011
Detailhandel LM>3 maand · since 01-01-2006

Similar companies · same sector, comparable size

Of 1,509 companies in sector 47252 we hold annual accounts for 652. 513 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded26-04-1991
Fiscal year end31-12
Activities, NACEBEL
47252Retail sale of beverages, general range
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.