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VINTAGES

Active
Public limited companyfounded 198540 yrs activeTumulidreef 10C, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0428.261.235
Summary

VINTAGES has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.2m and a net result of -€51,842. Equity is shrinking by ~5.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability34▲+1
Solvency58▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days only on tighter terms
cash: 0% of total assets, and 67.1% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
highest failure risk from 2 to 8 years 40 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2024
Solvency, return and age of the figures
Solvency
32.9%
Return on assets
-1.5%
Age of the figures
21 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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 d early
2024
31 d early
2023
36 d early
2022
60 d late
2021
37 d early
2020
39 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 21 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 26 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 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

History

VINTAGES was incorporated on 13 December 1985.1 Total assets rose from EUR 2 million in 2018 to EUR 3.5 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Equity
€1.2m▼ 4.3%
2023 · €1.2m
Total assets
€3.5m▼ 1.5%
2023 · €3.6m
Net result
-€51,842▲ 21.5%
2023 · -€66,034
Working capital
€505,825▼ 15.7%
2018 · €599,818
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€3,008▼ 1.4%-€2,984▲ 0.8%-€3,731▼ 25.0%-€5,293▼ 41.9%-€4,029▲ 23.9%
Net result-€75,630-€111,823▼ 47.9%-€75,922▲ 32.1%-€66,034▲ 13.0%-€51,842▲ 21.5%
Equity€1.5m▼ 4.9%€1.4m▼ 7.6%€1.3m▼ 5.6%€1.2m▼ 5.2%€1.2m▼ 4.3%
Total assets€3.8m▼ 1.9%€3.7m▼ 2.9%€3.6m▼ 2.0%€3.6m▼ 1.8%€3.5m▼ 1.5%
Debt€2.4m=€2.4m=€2.4m=€2.4m=€2.4m=
Working capital
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2020: -€3,008-€3,008Net result 2020: -€75,630-€75,630Operating result 2021: -€2,984-€2,984Net result 2021: -€111,823-€111,823Operating result 2022: -€3,731-€3,731Net result 2022: -€75,922-€75,922Operating result 2023: -€5,293-€5,293Net result 2023: -€66,034-€66,034Operating result 2024: -€4,029-€4,029Net result 2024: -€51,842-€51,84220202021202220232024-€80,000-€60,000-€40,000-€20,000€0Operating result 2022: -€3,731-€3,730Net result 2022: -€75,922-€75,900Operating result 2023: -€5,293-€5,290Net result 2023: -€66,034-€66,000Operating result 2024: -€4,029-€4,030Net result 2024: -€51,842-€51,800202220232024
The operating result stays negative: a loss of €4,029 in 2024 against €5,293 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.5m
Fixed assets €3.4m =
Current assets €124,574 ▼ 29.4%
Equity and liabilities €3.5m
Equity €1.2m ▼ 4.3%
Debt €2.4m =
Debt's share of the balance-sheet total rises from 66.1% to 67.1%. Equity is lower.
Key figures and ratios
2024 value · change against 2023
Debt to equity
2.04▲
2023 · 1.95
ROE
-4.5%▲
2023 · -5.5%
ROA
-1.5%▲
2023 · -1.8%
Debt > 1 year
€2.4m=
2023 · €2.4m
Income taxes
€63▼
2023 · €160
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€3.6m€3.5m▼
Fixed assets21/28€3.4m€3.4m=
Financial fixed assets28€3.4m€3.4m=
Current assets29/58€176,416€124,574▼
Amounts receivable within one year40/41€169€350▲
Other amounts receivable41€169€350▲
Current investments50/53€69,344€66,940▼
Cash at bank and in hand54/58€2,014€712▼
Deferred charges and accrued income490/1€104,889€56,571▼
Equity and liabilities
Total equity and liabilities10/49€3.6m€3.5m▼
Equity10/15€1.2m€1.2m▼
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€1.1m€1.1m▼
Non-distributable reserves130/1€4,710€4,710=
Legal reserve130€4,710€4,710=
Distributable reserves133€1.1m€1.1m▼
Amounts payable17/49€2.4m€2.4m=
Amounts payable after more than one year17€2.4m€2.4m=
Financial debts170/4€2.4m€2.4m=
Income statement Code20232024
Other operating charges640/8€960€968▲
Gross operating margin9900-€4,332-€3,061▲
Operating profit (loss)9901-€5,293-€4,029▲
Financial income75/76B€673€865▲
Recurring financial income75€673€865▲
Financial charges65/66B€61,255€48,616▼
Recurring financial charges65€61,255€48,616▼
Profit (loss) for the period before taxes9903-€65,875-€51,779▲
Income taxes67/77€160€63▼
Profit (loss) for the period9904-€66,034-€51,842▲
Profit (loss) for the period to be appropriated9905-€66,034-€51,842▲
Appropriation of the result
Profit (loss) to be appropriated9906-€66,034-€51,842▲
Transfer from equity791/2€66,034€51,842▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€868€868€960€968▲ 0.8%
Gross operating margin9900-€2,140-€2,116-€2,863-€4,332-€3,061▲ 29.3%
Operating profit (loss)9901-€3,008-€2,984-€3,731-€5,293-€4,029▲ 23.9%
Financial income75/76B-€224€480€673€865▲ 28.5%
Recurring financial income75€45€224€480€673€865▲ 28.5%
Financial charges65/66B-€109,003€72,672€61,255€48,616▼ 20.6%
Recurring financial charges65€72,656€109,003€72,672€61,255€48,616▼ 20.6%
Profit (loss) for the period before taxes9903-€75,619-€111,764-€75,922-€65,875-€51,779▲ 21.4%
Income taxes67/77€11€59-€160€63▼ 60.3%
Profit (loss) for the period9904-€75,630-€111,823-€75,922-€66,034-€51,842▲ 21.5%
Profit (loss) for the period to be appropriated9905-€75,630-€111,823-€75,922-€66,034-€51,842▲ 21.5%
Line20202021202220232024Change
Assets
Total assets20/58€3.8m€3.7m€3.6m€3.6m€3.5m▼ 1.5%
Fixed assets21/28€3.4m€3.4m€3.4m€3.4m€3.4m=
Financial fixed assets28€3.4m€3.4m€3.4m€3.4m€3.4m=
Current assets29/58€430,195€318,373€242,450€176,416€124,574▼ 29.4%
Amounts receivable within one year40/41€10€49€49€169€350▲ 107%
Other amounts receivable41-€49€49€169€350▲ 107%
Current investments50/53€82,368€79,369€75,182€69,344€66,940▼ 3.5%
Cash at bank and in hand54/58€498€473€1,174€2,014€712▼ 64.6%
Deferred charges and accrued income490/1-€238,482€166,045€104,889€56,571▼ 46.1%
Equity and liabilities
Total equity and liabilities10/49€3.8m€3.7m€3.6m€3.6m€3.5m▼ 1.5%
Equity10/15€1.5m€1.4m€1.3m€1.2m€1.2m▼ 4.3%
Contributions10/11€61,500€61,500€61,500€61,500€61,500=
Capital10-€61,500€61,500€61,500€61,500=
Issued capital100-€61,500€61,500€61,500€61,500=
Reserves13€1.4m€1.3m€1.2m€1.1m€1.1m▼ 4.5%
Non-distributable reserves130/1-€4,710€4,710€4,710€4,710=
Legal reserve130-€4,710€4,710€4,710€4,710=
Distributable reserves133-€1.3m€1.2m€1.1m€1.1m▼ 4.5%
Profit (loss) carried forward14-€1.6m-----
Amounts payable17/49€2.4m€2.4m€2.4m€2.4m€2.4m=
Amounts payable after more than one year17€2.4m€2.4m€2.4m€2.4m€2.4m=
Financial debts170/4-€2.4m€2.4m€2.4m€2.4m=
Line20202021202220232024Change
Profit (loss) for the period9904-€75,630-€111,823-€75,922-€66,034-€51,842▲ 21.5%
Operating cash flow (approximation)-€75,630-€111,823-€75,922-€66,034-€51,842▲ 21.5%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€25€702€840-€1,302▼ 255%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
29-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
24-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€111,823
Net result drops to -€111,823, the lowest in the series; recovery starts the following year.
22-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €1.9m
Net result €1.9m after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 1195.39
Current ratio from 371.62 to 1195.39; short-term debt falls from €1,618 to €424.
31-12
Financial Equity above €1mEq €1.5m
Equity rises from -€324,600 to €1.5m.
17-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
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.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
1,207 m²
Building footprint
859 m²
Volume, LiDAR
13,967 m³
2 parcels, Brussels · tallest building 29.4 m, ±8 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
VINTAGES SA
Brand Whitlocklaan 114, 1200 Sint-Lambrechts-WoluweNACE 70201
since 19932.102.558.637
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21673D0145/00G006 Brussels 891 m² 1 · 543 m² 29.4 m · 8 fl.
21652E0045/00B002 Brussels 316 m² 1 · 316 m² 12.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of VINTAGES and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

6488J0IX9Q4F38Q2C717
live in the LEI register

Company details

Identification
Legal formPublic limited company
Founded13-12-1985
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.