VISTRO
ActiveSummary
The computed 12-month bankruptcy probability of VISTRO is 2.2% (moderate). The 2024 annual accounts show equity of €327k and a net result of €115k. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 78% of 1763 sector peers (fiscal year 2024). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability92▲+6
Solvency77▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 3.13 against 4.23 in 2023; short-term debt: 29.2% and cash: 53.2% of total assets), and 47.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2024
60 d late
2023
on the day
2022
31 d late
2020
17 d early
2019
12 d late
2018
60 d early
2017
2 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€115k▲ 102%
2023 · €57k
2018: €45k
2019: €50k▲ +10.0% vs 2018
2020: €-73k▼ -248% vs 2019lowest value
2022: €56k
2023: €57k▲ +2.0% vs 2022
2024: €115k▲ +102% vs 2023highest value
2018 → 2024
Working capital
€387k▲ 51.6%
2023 · €255k
2018: €87k
2019: €141k▲ +62.0% vs 2018
2020: €70k▼ -50.2% vs 2019lowest value
2022: €266k
2023: €255k▼ -4.2% vs 2022
2024: €387k▲ +51.6% vs 2023highest value
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202220232024Trend
Equity€233k-€153k▼ 34.6%€209k▲ 37.0%€219k▲ 4.7%€327k▲ 49.3%
2019: €233k
2020: €153k▼ -34.6% vs 2019lowest value
2022: €209k
2023: €219k▲ +4.7% vs 2022
2024: €327k▲ +49.3% vs 2023highest value
Operating result€52k-€-69k€47k€54k▲ 14.3%€193k▲ 258%
2019: €52k
2020: €-69k▼ -234% vs 2019lowest value
2022: €47k
2023: €54k▲ +14.3% vs 2022
2024: €193k▲ +258% vs 2023highest value
Net result€50k-€-73k€56k€57k▲ 2.0%€115k▲ 102%
2019: €50k
2020: €-73k▼ -248% vs 2019lowest value
2022: €56k
2023: €57k▲ +2.0% vs 2022
2024: €115k▲ +102% vs 2023highest value
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 258% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €623k
Fixed assets
€55k ▼ 33.5%
Current assets
€568k ▲ 70.2%
Equity and liabilities €623k
Equity
€327k ▲ 49.3%
Provisions
€4k ▼ 50.0%
Debt
€292k ▲ 54.2%
Debt's share of the balance-sheet total rises from 45.6% to 46.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€230k▲
2023 · €77k
Cash flow
€153k▲
2023 · €80k
Current ratio
3.13▼
2023 · 4.23
Quick ratio
2.93▼
2023 · 3.94
Debt to equity
0.89▲
2023 · 0.87
ROE
35.3%▲
2023 · 26.1%
ROA
18.5%▲
2023 · 13.7%
Interest coverage
8.25▼
2023 · 75.47
Debt ≤ 1 year
€182k▲
2023 · €79k
Debt > 1 year
€102k=
2023 · €102k
Income taxes
€59k▲
2023 · €7k
Staff costs
€225k▲
2023 · €165k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 61 lines
Balance sheet
Code20232024
Assets
Total assets20/58€416k€623k▲
Fixed assets21/28€82k€55k▼
Intangible fixed assets21€19k€7k▼
Tangible fixed assets22/27€62k€46k▼
Plant, machinery and equipment23€25k€13k▼
Furniture and vehicles24€18k€11k▼
Other tangible fixed assets26€19k€22k▲
Financial fixed assets28€1k€1k=
Current assets29/58€334k€568k▲
Stocks and contracts in progress3€23k€35k▲
Stocks30/36€23k€35k▲
Amounts receivable within one year40/41€144k€198k▲
Trade receivables40€24k€73k▲
Other amounts receivable41€120k€125k▲
Current investments50/53€585€585=
Cash at bank and in hand54/58€164k€331k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€416k€623k▲
Equity10/15€219k€327k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€21k€114k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€15k€7k▼
Distributable reserves133-€100k
Profit (loss) carried forward14€136k€151k▲
Provisions and deferred taxes16€8k€4k▼
Deferred taxes168€8k€4k▼
Amounts payable17/49€190k€292k▲
Amounts payable after more than one year17€102k€102k=
Other amounts payable178/9€102k€102k=
Amounts payable within one year42/48€79k€182k▲
Trade debts44€21k€91k▲
Suppliers440/4€21k€91k▲
Taxes, remuneration and social security45€58k€91k▲
Taxes450/3€16k€69k▲
Remuneration and social security454/9€42k€22k▼
Accrued charges and deferred income492/3€9k€9k=
Income statement
Code20232024
Remuneration, social security and pensions62€165k€225k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€37k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€245k€458k▲
Operating profit (loss)9901€54k€193k▲
Financial income75/76B-€121
Recurring financial income75-€121
Financial charges65/66B€1k€30k▲
Recurring financial charges65€1k€28k▲
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€53k€163k▲
Transfer from deferred taxes780€11k€11k=
Income taxes67/77€7k€59k▲
Profit (loss) for the period9904€57k€115k▲
Profit (loss) for the period to be appropriated9905€57k€115k▲
Appropriation of the result
Profit (loss) to be appropriated9906€176k€251k▲
Profit (loss) brought forward from the previous period14P€118k€136k▲
Transfer to equity691/2-€100k
To other reserves6921-€100k
Profit to be distributed694/7€40k-
Other beneficiaries697€40k-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €164k | €165k | €225k | ▲ 36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25k | €25k | €22k | €23k | €37k | ▲ 60.4% |
| Other operating charges640/8 | - | - | €2k | €3k | €3k | ▼ 14.3% |
| Gross operating margin9900 | €237k | €131k | €235k | €245k | €458k | ▲ 86.6% |
| Operating profit (loss)9901 | €52k | €-69k | €47k | €54k | €193k | ▲ 258% |
| Financial income75/76B | - | - | €439 | - | €121 | - |
| Recurring financial income75 | - | - | €439 | - | €121 | - |
| Financial charges65/66B | - | - | €1k | €1k | €30k | ▲ 2,815% |
| Recurring financial charges65 | €10 | €5k | €1k | €1k | €28k | ▲ 2,629% |
| Non-recurring financial charges66B | - | - | - | - | €2k | - |
| Profit (loss) for the period before taxes9903 | €52k | €-74k | €46k | €53k | €163k | ▲ 208% |
| Transfer from deferred taxes780 | - | - | €11k | €11k | €11k | = |
| Income taxes67/77 | €13k | €11k | €2k | €7k | €59k | ▲ 752% |
| Profit (loss) for the period9904 | €50k | €-73k | €56k | €57k | €115k | ▲ 102% |
| Profit (loss) for the period to be appropriated9905 | €50k | €-73k | €56k | €57k | €115k | ▲ 102% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €411k | €239k | €450k | €416k | €623k | ▲ 49.7% |
| Fixed assets21/28 | €115k | €101k | €62k | €82k | €55k | ▼ 33.5% |
| Intangible fixed assets21 | €57k | €48k | €29k | €19k | €7k | ▼ 62.5% |
| Tangible fixed assets22/27 | €57k | €53k | €32k | €62k | €46k | ▼ 25.3% |
| Plant, machinery and equipment23 | - | - | €32k | €25k | €13k | ▼ 47.3% |
| Furniture and vehicles24 | - | - | - | €18k | €11k | ▼ 39.0% |
| Other tangible fixed assets26 | - | - | - | €19k | €22k | ▲ 17.3% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €296k | €138k | €388k | €334k | €568k | ▲ 70.2% |
| Stocks and contracts in progress3 | €21k | €28k | €18k | €23k | €35k | ▲ 53.2% |
| Stocks30/36 | - | - | €18k | €23k | €35k | ▲ 53.2% |
| Amounts receivable within one year40/41 | €123k | €39k | €225k | €144k | €198k | ▲ 37.2% |
| Trade receivables40 | - | - | €103k | €24k | €73k | ▲ 202% |
| Other amounts receivable41 | - | - | €122k | €120k | €125k | ▲ 3.9% |
| Current investments50/53 | €585 | €585 | €585 | €585 | €585 | = |
| Cash at bank and in hand54/58 | €151k | €70k | €140k | €164k | €331k | ▲ 103% |
| Deferred charges and accrued income490/1 | - | - | €4k | €3k | €3k | ▲ 24.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €411k | €239k | €450k | €416k | €623k | ▲ 49.7% |
| Equity10/15 | €233k | €153k | €209k | €219k | €327k | ▲ 49.3% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | - | €62k | €62k | €62k | = |
| Issued capital100 | - | - | €62k | €62k | €62k | = |
| Reserves13 | €51k | €43k | €28k | €21k | €114k | ▲ 440% |
| Non-distributable reserves130/1 | - | - | €6k | €6k | €6k | = |
| Legal reserve130 | - | - | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | - | - | €22k | €15k | €7k | ▼ 50.0% |
| Distributable reserves133 | - | - | - | - | €100k | - |
| Profit (loss) carried forward14 | €121k | €47k | €118k | €136k | €151k | ▲ 11.3% |
| Provisions and deferred taxes16 | €23k | €19k | €11k | €8k | €4k | ▼ 50.0% |
| Deferred taxes168 | - | - | €11k | €8k | €4k | ▼ 50.0% |
| Amounts payable17/49 | €155k | €67k | €229k | €190k | €292k | ▲ 54.2% |
| Amounts payable after more than one year17 | - | - | €91k | €102k | €102k | = |
| Other amounts payable178/9 | - | - | €91k | €102k | €102k | = |
| Amounts payable within one year42/48 | €155k | €67k | €122k | €79k | €182k | ▲ 130% |
| Trade debts44 | €26k | €16k | €69k | €21k | €91k | ▲ 328% |
| Suppliers440/4 | - | - | €69k | €21k | €91k | ▲ 328% |
| Taxes, remuneration and social security45 | - | - | €53k | €58k | €91k | ▲ 57.3% |
| Taxes450/3 | - | - | €10k | €16k | €69k | ▲ 339% |
| Remuneration and social security454/9 | - | - | €43k | €42k | €22k | ▼ 47.6% |
| Accrued charges and deferred income492/3 | - | - | €16k | €9k | €9k | = |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50k | €-73k | €56k | €57k | €115k | ▲ 102% |
| + Depreciation and write-downs630 | €25k | €25k | €22k | €23k | €37k | ▲ 60.4% |
| Operating cash flow (approximation) | €74k | €-49k | €78k | €80k | €153k | ▲ 89.8% |
| Investment in fixed assets (approximation) | - | €-11k | - | €-44k | €-10k | ▲ 77.8% |
| Change in cash | - | €-81k | - | €23k | €168k | ▲ 624% |
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
2024
31-12
Financial
Highest result since 2018net €115k ▲102%
Operating result €193k, net result €115k, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
30-09
Financial
Back to profitnet €56k
Net result €56k after one loss-making year.
30-09
Financial
Equity above €200kEq €209k ▲37%
Equity rises from €153k to €209k.
2021
13-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Weakest financial yearnet €-73k
Net result drops to €-73k, the lowest in the series; recovery starts the following year.
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 12 days late
2019
30-09
Financial
Equity above €200kEq €233k ▲22.1%
2 profitable years in a row build equity to €233k.
01-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 2 days late
Show earlier events
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
02-03
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Brussel · 2 establishment units since 1993
Ground area
255 m²
Building footprint
320 m²
Volume, LiDAR
3,028 m³
2 parcels, Brussels · tallest building 18.0 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
Baksteenkaai 18, 1000 Brussel
since 19932.064.551.958
Vistro
since 20152.247.301.641
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N0414/00A000 | Brussels | 172 m² | 1 · 172 m² | 17.9 m · 3 fl. |
| 21812N0429/00B000 | Brussels | 83 m² | 1 · 148 m² | 15.6 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.247.301.641
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 7,449 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-03-1993
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.