VION
ActiveSummary
VION has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €507,746 and a net result of €67,865. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 85% of 225 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability83▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 5.59 against 10.1 in 2025; short-term debt: 16.7% and cash: 46.3% of total assets), and 16.7% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
83.3%
Return on assets
11.1%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 24-08-2026, 68 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
68 d early
2025
98 d early
2024
97 d early
2023
104 d early
2022
126 d early
2021
118 d early
2020
124 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 105 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€507,746▲ 6.2%
2025 · €478,302
Total assets
€609,325▲ 0.2%
2025 · €608,297
Net result
€67,865▼ 15.6%
2025 · €80,369
Working capital
€466,452▼ 7.2%
2025 · €502,511
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€48,858▲ 11.1%€56,362▲ 15.4%€94,232▲ 67.2%€125,356▲ 33.0%€101,439▼ 19.1%
Net result€22,195within the sector's middle half▼ 8.9%€28,298within the sector's middle half▲ 27.5%€56,967within the sector's middle half▲ 101%€80,369above the sector's middle half▲ 41.1%€67,865▼ 15.6%
Equity€312,667within the sector's middle half▲ 7.6%€340,965within the sector's middle half▲ 9.1%€397,932within the sector's middle half▲ 16.7%€478,302above the sector's middle half▲ 20.2%€507,746▲ 6.2%
Total assets€565,713within the sector's middle half▼ 1.0%€609,781within the sector's middle half▲ 7.8%€653,390within the sector's middle half▲ 7.2%€608,297above the sector's middle half▼ 6.9%€609,325▲ 0.2%
Debt€253,046▼ 9.9%€268,816▲ 6.2%€255,458▼ 5.0%€129,995▼ 49.1%€101,579▼ 21.9%
Working capital€301,060▲ 6.5%€340,729▲ 13.2%€409,421▲ 20.2%€502,511▲ 22.7%€466,452▼ 7.2%
Solvency55.3%within the sector's middle half▲ 4.4pp55.9%within the sector's middle half▲ 0.6pp60.9%within the sector's middle half▲ 5.0pp78.6%above the sector's middle half▲ 17.7pp83.3%▲ 4.7pp
Staff (FTE)1.8within the sector's middle half=1.6within the sector's middle half▼ 11.1%1.1below the sector's middle half▼ 31.3%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2026; 2026 is 19% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €609,325
Fixed assets
€41,294 ▼ 18.4%
Current assets
€568,031 ▲ 1.8%
Equity and liabilities €609,325
Equity
€507,746 ▲ 6.2%
Debt
€101,579 ▼ 21.9%
Debt's share of the balance-sheet total falls from 21.4% to 16.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€113,224▼
2025 · €138,316
Cash flow
€79,650▼
2025 · €93,329
Current ratio
5.59▼
2025 · 10.10
Quick ratio
3.35▼
2025 · 6.02
Debt to equity
0.20▼
2025 · 0.27
ROE
13.4%▼
2025 · 16.8%
ROA
11.1%▼
2025 · 13.2%
Interest coverage
59.71▲
2025 · 18.25
Debt ≤ 1 year
€101,579▲
2025 · €55,206
Debt > 1 year
€0▼
2025 · €74,789
Income taxes
€32,094▼
2025 · €38,001
Staff costs
€0▲
2025 · -€2,749
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €56,764 | €48,254 | €24,428 | -€2,749 | €0 | ▲ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,066 | €18,014 | €16,095 | €12,960 | €11,785 | ▼ 9.1% |
| Other operating charges640/8 | €3,513 | €3,532 | €3,760 | €4,109 | €4,156 | ▲ 1.2% |
| Gross operating margin9900 | €131,201 | €126,162 | €138,514 | €139,675 | €117,381 | ▼ 16.0% |
| Operating profit (loss)9901 | €48,858 | €56,362 | €94,232 | €125,356 | €101,439 | ▼ 19.1% |
| Financial income75/76B | €519 | €199 | €171 | €592 | €416 | ▼ 29.7% |
| Recurring financial income75 | €353 | €199 | €171 | €592 | €416 | ▼ 29.7% |
| Non-recurring financial income76B | €165 | - | - | - | - | - |
| Financial charges65/66B | €9,753 | €9,621 | €9,758 | €7,578 | €1,896 | ▼ 75.0% |
| Recurring financial charges65 | €9,753 | €9,621 | €9,758 | €7,578 | €1,896 | ▼ 75.0% |
| Profit (loss) for the period before taxes9903 | €39,624 | €46,940 | €84,645 | €118,370 | €99,959 | ▼ 15.6% |
| Income taxes67/77 | €17,429 | €18,642 | €27,677 | €38,001 | €32,094 | ▼ 15.5% |
| Profit (loss) for the period9904 | €22,195 | €28,298 | €56,967 | €80,369 | €67,865 | ▼ 15.6% |
| Transfer from tax-exempt reserves789 | €23,579 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €45,774 | €28,298 | €56,967 | €80,369 | €67,865 | ▼ 15.6% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €565,713 | €609,781 | €653,390 | €608,297 | €609,325 | ▲ 0.2% |
| Fixed assets21/28 | €86,396 | €75,255 | €63,300 | €50,580 | €41,294 | ▼ 18.4% |
| Intangible fixed assets21 | €4,562 | €2,402 | €1,029 | €0 | €1,408 | - |
| Tangible fixed assets22/27 | €81,434 | €72,453 | €61,871 | €50,180 | €39,486 | ▼ 21.3% |
| Land and buildings22 | €34,180 | €32,952 | €45,760 | €40,432 | €35,105 | ▼ 13.2% |
| Plant, machinery and equipment23 | €21,184 | €21,031 | €3,622 | €2,724 | €2,182 | ▼ 19.9% |
| Furniture and vehicles24 | €26,070 | €18,471 | €12,489 | €7,024 | €2,200 | ▼ 68.7% |
| Financial fixed assets28 | €400 | €400 | €400 | €400 | €400 | = |
| Current assets29/58 | €479,317 | €534,526 | €590,089 | €557,716 | €568,031 | ▲ 1.8% |
| Stocks and contracts in progress3 | €265,510 | €278,116 | €301,755 | €225,438 | €227,857 | ▲ 1.1% |
| Stocks30/36 | €265,510 | €278,116 | €301,755 | €225,438 | €227,857 | ▲ 1.1% |
| Amounts receivable within one year40/41 | €16,042 | €33,013 | €45,716 | €37,721 | €29,511 | ▼ 21.8% |
| Trade receivables40 | €16,042 | €32,595 | €45,716 | €37,721 | €29,511 | ▼ 21.8% |
| Other amounts receivable41 | - | €418 | €0 | - | - | - |
| Current investments50/53 | €25,027 | €25,167 | €28,163 | €28,292 | €28,357 | ▲ 0.2% |
| Cash at bank and in hand54/58 | €138,991 | €189,528 | €214,455 | €266,265 | €282,305 | ▲ 6.0% |
| Deferred charges and accrued income490/1 | €33,747 | €8,702 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €565,713 | €609,781 | €653,390 | €608,297 | €609,325 | ▲ 0.2% |
| Equity10/15 | €312,667 | €340,965 | €397,932 | €478,302 | €507,746 | ▲ 6.2% |
| Contributions10/11 | €198,664 | €198,664 | €198,664 | €198,664 | €198,664 | = |
| Reserves13 | €114,003 | €142,301 | €199,268 | €279,637 | €309,082 | ▲ 10.5% |
| Non-distributable reserves130/1 | €4,421 | - | - | - | - | - |
| Reserves not available under the articles1311 | €4,421 | - | - | - | - | - |
| Distributable reserves133 | €109,582 | €142,301 | €199,268 | €279,637 | €309,082 | ▲ 10.5% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €253,046 | €268,816 | €255,458 | €129,995 | €101,579 | ▼ 21.9% |
| Amounts payable after more than one year17 | €74,789 | €74,789 | €74,789 | €74,789 | €0 | ▼ 100% |
| Financial debts170/4 | €74,789 | €74,789 | €74,789 | €74,789 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €178,257 | €193,797 | €180,668 | €55,206 | €101,579 | ▲ 84.0% |
| Trade debts44 | €27,751 | €57,718 | €57,893 | €22,425 | €56,157 | ▲ 150% |
| Suppliers440/4 | €27,751 | €57,718 | €57,893 | €22,425 | €56,157 | ▲ 150% |
| Taxes, remuneration and social security45 | €35,828 | €25,852 | €26,600 | €29,191 | €21,052 | ▼ 27.9% |
| Taxes450/3 | €27,107 | €19,785 | €24,406 | €29,191 | €21,052 | ▼ 27.9% |
| Remuneration and social security454/9 | €8,720 | €6,067 | €2,194 | €0 | - | - |
| Other amounts payable47/48 | €114,678 | €110,227 | €96,175 | €3,590 | €24,370 | ▲ 579% |
| Accrued charges and deferred income492/3 | - | €229 | €0 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,195 | €28,298 | €56,967 | €80,369 | €67,865 | ▼ 15.6% |
| + Depreciation and write-downs630 | €22,066 | €18,014 | €16,095 | €12,960 | €11,785 | ▼ 9.1% |
| Operating cash flow (approximation) | €44,261 | €46,312 | €73,062 | €93,329 | €79,650 | ▼ 14.7% |
| Investment in fixed assets (approximation) | - | -€6,873 | -€4,140 | -€240 | -€2,498 | ▼ 942% |
| Change in cash | - | €50,537 | €24,927 | €51,810 | €16,040 | ▼ 69.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Equity above €500,000Eq €507,746 ▲6.2%
6 profitable years in a row build equity to €507,746.
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €80,369 ▲41.1%
Operating result €125,356, net result €80,369, both a record.
31-03
Financial
Liquidity triplescurrent ratio 10.10
Current ratio from 3.27 to 10.10; short-term debt falls from €180,668 to €55,206.
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Back to profitnet €24,367
Net result €24,367 after one loss-making year.
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€1,248
Net result drops to -€1,248, the lowest in the series; recovery starts the following year.
Show earlier events
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Ieper · 1 establishment unit since 1982
Ground area
1,565 m²
Building footprint
762 m²
Volume, LiDAR
4,367 m³
Parcel 33306B0277/00C003, Flanders · tallest building 13.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VION
since 19822.019.716.083
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33306B0277/00C003 | Flanders | 1,565 m² | 1 · 762 m² | 13.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 siteIeper2.019.716.083
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Of 2,336 companies in sector 47251 we hold annual accounts for 422. 220 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-12-1981
Fiscal year end31-03
Activities, NACEBEL 2025
47251Retail sale of wines and spirits
E-invoicing
Reachable via Peppol
Peppol ID
0208:0422227637
Also
9925:BE0422227637
Registered
15-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.