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VION

Active
Private limited companyfounded 198144 yrs activeBrugseweg 267, 8900 Ieper, BelgiumKBO/BCE: BE 0422.227.637
Summary

VION has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €508k and a net result of €68k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 85% of 207 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 €45k 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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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 date
Age against the risk zone
highest failure risk from 2 to 8 years 44 years 0 50 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
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 2026
Solvency, 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 filings
Deviation 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 →
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 months
Position in the running window
25-09-2026 today31-03-2027 close31-10-2027 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

VION was incorporated on 15 December 1981.1 Total assets rose from EUR 539,485 in 2019 to EUR 609,325 in 2026 and headcount from 1.8 full-time equivalents in 2019 to 1.1 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2024 and 2026

Financials · fiscal year 2026, micro schema

Equity
€508k▲ 6.2%
2025 · €478k
Total assets
€609k▲ 0.2%
2025 · €608k
Net result
€68k▼ 15.6%
2025 · €80k
Working capital
€466k▼ 7.2%
2025 · €503k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023202420252026
Operating result€49k▲ 11.1%€56k▲ 15.4%€94k▲ 67.2%€125k▲ 33.0%€101k▼ 19.1%
Net result€22k▼ 8.9%€28k▲ 27.5%€57k▲ 101%€80k▲ 41.1%€68k▼ 15.6%
Equity€313k▲ 7.6%€341k▲ 9.1%€398k▲ 16.7%€478k▲ 20.2%€508k▲ 6.2%
Total assets€566k▼ 1.0%€610k▲ 7.8%€653k▲ 7.2%€608k▼ 6.9%€609k▲ 0.2%
Debt€253k▼ 9.9%€269k▲ 6.2%€255k▼ 5.0%€130k▼ 49.1%€102k▼ 21.9%
Working capital€301k▲ 6.5%€341k▲ 13.2%€409k▲ 20.2%€503k▲ 22.7%€466k▼ 7.2%
Staff (FTE)1.8=1.6▼ 11.1%1.1▼ 31.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2022: €49k€49kNet result 2022: €22k€22kOperating result 2023: €56k€56kNet result 2023: €28k€28kOperating result 2024: €94k€94kNet result 2024: €57k€57kOperating result 2025: €125k€125kNet result 2025: €80k€80kOperating result 2026: €101k€101kNet result 2026: €68k€68k20222023202420252026€0€50k€100k€150kOperating result 2024: €94k€94kNet result 2024: €57k€57kOperating result 2025: €125k€125kNet result 2025: €80k€80kOperating result 2026: €101k€101kNet result 2026: €68k€68k202420252026
The operating result falls in 2026; 2026 is 19% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €609k
Fixed assets €41k ▼ 18.4%
Current assets €568k ▲ 1.8%
Equity and liabilities €609k
Equity €508k ▲ 6.2%
Debt €102k ▼ 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
2026 value · change against 2025
EBITDA
€113k▼
2025 · €138k
Cash flow
€80k▼
2025 · €93k
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
€102k▲
2025 · €55k
Debt > 1 year
€0▼
2025 · €75k
Income taxes
€32k▼
2025 · €38k
Staff costs
€0▲
2025 · €-3k
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 · 2026 against 2025 · 50 lines
Balance sheet Code20252026
Assets
Total assets20/58€608k€609k▲
Fixed assets21/28€51k€41k▼
Intangible fixed assets21€0€1k▲
Tangible fixed assets22/27€50k€39k▼
Land and buildings22€40k€35k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€7k€2k▼
Financial fixed assets28€400€400=
Current assets29/58€558k€568k▲
Stocks and contracts in progress3€225k€228k▲
Stocks30/36€225k€228k▲
Amounts receivable within one year40/41€38k€30k▼
Trade receivables40€38k€30k▼
Current investments50/53€28k€28k▲
Cash at bank and in hand54/58€266k€282k▲
Equity and liabilities
Total equity and liabilities10/49€608k€609k▲
Equity10/15€478k€508k▲
Contributions10/11€199k€199k=
Reserves13€280k€309k▲
Distributable reserves133€280k€309k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€130k€102k▼
Amounts payable after more than one year17€75k€0▼
Financial debts170/4€75k€0▼
Amounts payable within one year42/48€55k€102k▲
Trade debts44€22k€56k▲
Suppliers440/4€22k€56k▲
Taxes, remuneration and social security45€29k€21k▼
Taxes450/3€29k€21k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€4k€24k▲
Income statement Code20252026
Remuneration, social security and pensions62€-3k€0▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€140k€117k▼
Operating profit (loss)9901€125k€101k▼
Financial income75/76B€592€416▼
Recurring financial income75€592€416▼
Financial charges65/66B€8k€2k▼
Recurring financial charges65€8k€2k▼
Profit (loss) for the period before taxes9903€118k€100k▼
Income taxes67/77€38k€32k▼
Profit (loss) for the period9904€80k€68k▼
Profit (loss) for the period to be appropriated9905€80k€68k▼
Appropriation of the result
Profit (loss) to be appropriated9906€80k€68k▼
Transfer from equity791/2-€38k
Transfer to equity691/2€80k€68k▼
To other reserves6921€80k€68k▼
Profit to be distributed694/7-€38k
Return on contributions (dividend)694-€38k

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023202420252026Change
Remuneration, social security and pensions62€57k€48k€24k€-3k€0▲ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€18k€16k€13k€12k▼ 9.1%
Other operating charges640/8€4k€4k€4k€4k€4k▲ 1.2%
Gross operating margin9900€131k€126k€139k€140k€117k▼ 16.0%
Operating profit (loss)9901€49k€56k€94k€125k€101k▼ 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€10k€10k€10k€8k€2k▼ 75.0%
Recurring financial charges65€10k€10k€10k€8k€2k▼ 75.0%
Profit (loss) for the period before taxes9903€40k€47k€85k€118k€100k▼ 15.6%
Income taxes67/77€17k€19k€28k€38k€32k▼ 15.5%
Profit (loss) for the period9904€22k€28k€57k€80k€68k▼ 15.6%
Transfer from tax-exempt reserves789€24k-----
Profit (loss) for the period to be appropriated9905€46k€28k€57k€80k€68k▼ 15.6%
Line20222023202420252026Change
Assets
Total assets20/58€566k€610k€653k€608k€609k▲ 0.2%
Fixed assets21/28€86k€75k€63k€51k€41k▼ 18.4%
Intangible fixed assets21€5k€2k€1k€0€1k-
Tangible fixed assets22/27€81k€72k€62k€50k€39k▼ 21.3%
Land and buildings22€34k€33k€46k€40k€35k▼ 13.2%
Plant, machinery and equipment23€21k€21k€4k€3k€2k▼ 19.9%
Furniture and vehicles24€26k€18k€12k€7k€2k▼ 68.7%
Financial fixed assets28€400€400€400€400€400=
Current assets29/58€479k€535k€590k€558k€568k▲ 1.8%
Stocks and contracts in progress3€266k€278k€302k€225k€228k▲ 1.1%
Stocks30/36€266k€278k€302k€225k€228k▲ 1.1%
Amounts receivable within one year40/41€16k€33k€46k€38k€30k▼ 21.8%
Trade receivables40€16k€33k€46k€38k€30k▼ 21.8%
Other amounts receivable41-€418€0---
Current investments50/53€25k€25k€28k€28k€28k▲ 0.2%
Cash at bank and in hand54/58€139k€190k€214k€266k€282k▲ 6.0%
Deferred charges and accrued income490/1€34k€9k€0---
Equity and liabilities
Total equity and liabilities10/49€566k€610k€653k€608k€609k▲ 0.2%
Equity10/15€313k€341k€398k€478k€508k▲ 6.2%
Contributions10/11€199k€199k€199k€199k€199k=
Reserves13€114k€142k€199k€280k€309k▲ 10.5%
Non-distributable reserves130/1€4k-----
Reserves not available under the articles1311€4k-----
Distributable reserves133€110k€142k€199k€280k€309k▲ 10.5%
Profit (loss) carried forward14----€0-
Amounts payable17/49€253k€269k€255k€130k€102k▼ 21.9%
Amounts payable after more than one year17€75k€75k€75k€75k€0▼ 100%
Financial debts170/4€75k€75k€75k€75k€0▼ 100%
Amounts payable within one year42/48€178k€194k€181k€55k€102k▲ 84.0%
Trade debts44€28k€58k€58k€22k€56k▲ 150%
Suppliers440/4€28k€58k€58k€22k€56k▲ 150%
Taxes, remuneration and social security45€36k€26k€27k€29k€21k▼ 27.9%
Taxes450/3€27k€20k€24k€29k€21k▼ 27.9%
Remuneration and social security454/9€9k€6k€2k€0--
Other amounts payable47/48€115k€110k€96k€4k€24k▲ 579%
Accrued charges and deferred income492/3-€229€0---
Line20222023202420252026Change
Profit (loss) for the period9904€22k€28k€57k€80k€68k▼ 15.6%
+ Depreciation and write-downs630€22k€18k€16k€13k€12k▼ 9.1%
Operating cash flow (approximation)€44k€46k€73k€93k€80k▼ 14.7%
Investment in fixed assets (approximation)-€-7k€-4k€-240€-2k▼ 942%
Change in cash-€51k€25k€52k€16k▼ 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.

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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-10-2027
2026
24-08
NBB filing Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial Equity above €500kEq €508k ▲6.2%
6 profitable years in a row build equity to €508k.
2025
25-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Highest result since 2019net €80k ▲41.1%
Operating result €125k, net result €80k, both a record.
31-03
Financial Liquidity triplescurrent ratio 10.10
Current ratio from 3.27 to 10.10; short-term debt falls from €181k to €55k.
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 €24k
Net result €24k after one loss-making year.
2020
29-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial Weakest financial yearnet €-1k
Net result drops to €-1k, 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
seat establishment The establishment unit on the map
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
Brugseweg 267, 8900 IeperNACE 51340
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 site
Ieper2.019.716.083
1 permission
Groothandelaar LM>3 maand · since 25-11-2020

Similar companies · same sector, comparable size

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

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