VINESPA
ActiveVINESPA has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.09M and a net result of €71k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 80% of 8002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+6
Solvency100▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 3.85 against 3.22 in 2024; short-term debt: 23.2% and cash: 15% of total assets), and 23.9% 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 · 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
76.1%
Return on assets
5%
Age of the figures
9 mo
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 →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
92 d late
2023
9 d early
2022
3 d late
2021
73 d late
2020
53 d late
2019
32 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.09M▲ 7.0%
2024 · €1.02M
2018: €954k
2019: €972k
2020: €1.01M
2021: €1.01M
2022: €1.02M
2023: €1.02M
2024: €1.02M
2018 → 2025
Total assets
€1.44M▲ 0.5%
2024 · €1.43M
2018: €1.42M
2019: €1.42M
2020: €1.50M
2021: €1.50M
2022: €1.48M
2023: €1.49M
2024: €1.43M
2018 → 2025
Net result
€71k▲ 3,229%
2024 · €2k
2018: €-84k
2019: €18k
2020: €42k
2021: €840
2022: €7k
2023: €-2k
2024: €2k
2018 → 2025
Working capital
€948k▲ 13.0%
2024 · €839k
2018: €820k
2019: €852k
2020: €713k
2021: €757k
2022: €786k
2023: €818k
2024: €839k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.01M-€1.02M▲ 0.7%€1.02M▼ 0.2%€1.02M▲ 0.2%€1.09M▲ 7.0%
Operating result€8k-€3k▼ 56.3%€-8k€5k€90k▲ 1,799%
Net result€840-€7k▲ 741%€-2k€2k€71k▲ 3,229%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,799% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.44M
Fixed assets
€155k▼ 26.4%
Current assets
€1.28M▲ 5.2%
Equity and liabilities €1.44M
Equity
€1.09M▲ 7.0%
Debt
€343k▼ 15.8%
The debt ratio falls from 28.5% to 23.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€152k▲
2024 · €72k
Cash flow
€133k▲
2024 · €69k
Solvency
76.1%▲
2024 · 71.5%
Current ratio
3.85▲
2024 · 3.22
Quick ratio
1.63▲
2024 · 1.29
Debt / equity
0.31▼
2024 · 0.40
ROE
6.5%▲
2024 · 0.2%
ROA
5.0%▲
2024 · 0.2%
Interest coverage
35.83▲
2024 · 20.58
Debt
€343k▼
2024 · €407k
Debt ≤ 1 year
€333k▼
2024 · €379k
Debt > 1 year
€10k▼
2024 · €28k
Income taxes
€21k▲
2024 · €2k
Staff costs
€481k▲
2024 · €438k
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€1.43M€1.44M▲
Fixed assets21/28€211k€155k▼
Tangible fixed assets22/27€205k€150k▼
Land and buildings22€105k€101k▼
Plant, machinery and equipment23€50k€21k▼
Furniture and vehicles24€50k€28k▼
Financial fixed assets28€5k€5k=
Current assets29/58€1.22M€1.28M▲
Stocks and contracts in progress3€729k€739k▲
Stocks30/36€729k€739k▲
Amounts receivable within one year40/41€382k€327k▼
Trade receivables40€343k€307k▼
Other amounts receivable41€38k€19k▼
Cash at bank and in hand54/58€107k€215k▲
Equity and liabilities
Total equity and liabilities10/49€1.43M€1.44M▲
Equity10/15€1.02M€1.09M▲
Contributions10/11€240k€240k=
Capital10€117k€117k=
Issued capital100€117k€117k=
Outside capital11€123k€123k=
Share premium1100/10€123k€123k=
Reserves13€848k€853k▲
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Distributable reserves133€836k€842k▲
Profit (loss) carried forward14€-66k€0▲
Amounts payable17/49€407k€343k▼
Amounts payable after more than one year17€28k€10k▼
Financial debts170/4€28k€10k▼
Amounts payable within one year42/48€379k€333k▼
Current portion of amounts payable after more than one year42€22k€18k▼
Trade debts44€263k€241k▼
Suppliers440/4€263k€241k▼
Taxes, remuneration and social security45€94k€74k▼
Taxes450/3€35k€16k▼
Remuneration and social security454/9€59k€58k▼
Income statement
Code20242025
Remuneration, social security and pensions62€438k€481k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€62k▼
Other operating charges640/8€13k€13k▲
Gross operating margin9900€523k€646k▲
Operating profit (loss)9901€5k€90k▲
Financial income75/76B€3k€7k▲
Recurring financial income75€3k€6k▲
Non-recurring financial income76B€0€638▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€4k€92k▲
Income taxes67/77€2k€21k▲
Profit (loss) for the period9904€2k€71k▲
Profit (loss) for the period to be appropriated9905€2k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-66k€6k▲
Profit (loss) brought forward from the previous period14P€-68k€-66k▲
Transfer to equity691/2-€6k
To other reserves6921-€6k
The notes to these accounts (11 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €71k ▲3229%
Operating result €90k, net result €71k, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
2020
31-12
Financial
Equity above €1MEq €1.01M ▲4.3%
2 profitable years in a row build equity to €1.01M.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Anderlecht · 1 establishment unit since 1976
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.
Verheydenstraat 861070 AnderlechtGround area
212 m²
Building footprint
212 m²
Volume, LiDAR
2,296 m³
Parcel 21304B0052/00Y003, Brussels · tallest building 13.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Verheydenstraat 86, 1070 Anderlecht
since 19762.012.093.269
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21304B0052/00Y003 | Brussels | 211 m² | 1 · 212 m² | 13.2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnderlecht2.012.093.269
Similar companies · same sector, comparable size
ETS. J.L. LAMBERT
BE 0429.145.519
Hoeilaart · Eq €1.11M
OTRAC BELGIUM
BE 0825.966.381
Mechelen · Eq €1.08M
JACON
BE 0440.936.561
Sint-Katelijne-Waver · Eq €1.06M
JARO
BE 0463.488.665
Diest · Eq €1.06M
GEDIMEX
BE 0444.851.304
Wevelgem · Eq €1.14M
Of 699 companies in sector 46392 we hold annual accounts for 486. 313 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-03-1976
Fiscal year end31-12
Activities, NACEBEL
46392Non-specialised wholesale
51392
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.