Summary
VLIESTRA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €70k and a net result of €-3k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 18% of 2435 sector peers (fiscal year 2025). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2435 sector peers (2025).
NBB · sector comparisonPosition among 2435 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
13 d early
2024
37 d early
2023
90 d early
2022
76 d early
2021
10 d early
2020
71 d early
2019
62 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€70k▼ 4.3%
2024 · €74k
2018: €54k
2019: €53k
2020: €41k
2021: €19k
2022: €95k
2023: €89k
2024: €74k
2018 → 2025
Net result
€-3k▲ 79.7%
2024 · €-15k
2018: €-3k
2019: €-1k
2020: €-12k
2021: €-21k
2022: €76k
2023: €-6k
2024: €-15k
2018 → 2025
Total assets
€619k▼ 4.2%
2024 · €647k
2018: €138k
2019: €121k
2020: €361k
2021: €457k
2022: €434k
2023: €691k
2024: €647k
2018 → 2025
Solvency
11.4%=
2024 · 11.4%
2018: 39.5%
2019: 44.0%
2020: 11.3%
2021: 4.2%
2022: 22.0%
2023: 12.9%
2024: 11.4%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€95k▲ 394%€89k▼ 6.7%€74k▼ 17.4%€70k▼ 4.3%
Operating result€-14k-€91k€1k▼ 98.9%€-1k€14k
Net result€-21k-€76k€-6k€-15k▼ 142%€-3k▲ 79.7%
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 returns to profit in 2025: €14k after a loss of €1k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €619k
Fixed assets
€607k ▼ 4.5%
Current assets
€13k ▲ 10.8%
Equity and liabilities €619k
Equity
€70k ▼ 4.3%
Debt
€549k ▼ 4.2%
Debt's share of the balance-sheet total stays at 88.6%.
Key figures and ratios
ROE
-4.5%▲
2024 · -21.0%
ROA
-0.5%▲
2024 · -2.4%
Debt ≤ 1 year
€408k▲
2024 · €206k
Debt > 1 year
€137k▼
2024 · €364k
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 · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€647k€619k▼
Fixed assets21/28€636k€607k▼
Tangible fixed assets22/27€636k€607k▼
Land and buildings22€636k€607k▼
Current assets29/58€11k€13k▲
Amounts receivable within one year40/41€0€5▲
Other amounts receivable41€0€5▲
Cash at bank and in hand54/58€11k€12k▲
Deferred charges and accrued income490/1€0€256▲
Equity and liabilities
Total equity and liabilities10/49€647k€619k▼
Equity10/15€74k€70k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€53k€50k▼
Amounts payable17/49€573k€549k▼
Amounts payable after more than one year17€364k€137k▼
Financial debts170/4€364k€137k▼
Amounts payable within one year42/48€206k€408k▲
Current portion of amounts payable after more than one year42€31k€15k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€943€860▼
Taxes450/3€943€860▼
Other amounts payable47/48€170k€390k▲
Accrued charges and deferred income492/3€3k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€29k=
Other operating charges640/8€6k€4k▼
Gross operating margin9900€33k€47k▲
Operating profit (loss)9901€-1k€14k▲
Financial income75/76B€28€18▼
Recurring financial income75€28€18▼
Financial charges65/66B€14k€17k▲
Recurring financial charges65€14k€17k▲
Profit (loss) for the period before taxes9903€-15k€-3k▲
Income taxes67/77€94-
Profit (loss) for the period9904€-15k€-3k▲
Profit (loss) for the period to be appropriated9905€-15k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€53k€50k▼
Profit (loss) brought forward from the previous period14P€68k€53k▼
The notes to these accounts (7 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
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €76k
Net result €76k after 4 loss-making years.
20-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
18-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Menen · 2 establishment units since 1995
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.
Leiestraat 1058930 MenenGround area
2,149 m²
Building footprint
902 m²
Volume, LiDAR
16,710 m³
2 parcels, Flanders · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
VLIESTRA
since 19952.073.808.530
VLIESTRA
since 20232.345.956.579
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34024A0478/00G002 | Flanders | 1,345 m² | 1 · 438 m² | 14.1 m · 4 fl. |
| 44804D2689/00Y000 | Flanders | 804 m² | 1 · 464 m² | 27.7 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Unoya
BE 0797.731.463
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Vallis
BE 1002.413.440
Hamme (Vl.) · Eq €69,321
Marco Solo
BE 0780.555.238
Gent · Eq €68,479
UTAH INVEST
BE 0773.606.375
Merksplas · Eq €72,694
IMAVA
BE 0769.903.549
Pajottegem · Eq €72,806
Of 591 companies in sector 66300 we hold annual accounts for 365. 217 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-09-1995
Fiscal year end30-09
Activities, NACEBEL 2025
66300
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.