VN WATERLOO
The computed 12-month bankruptcy probability of VN WATERLOO is 3.2% (moderate). The 2024 annual accounts show negative equity (€-392k) and a net result of €-240k. Equity is shrinking by ~99.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 546 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-392k |
| Net result | €-240k |
| Staff (FTE) | 4.6 |
| Better than sector | 5% |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -82.4% | 31.0% | |
| Net result | €-240k | €48k | |
| Equity | €-392k | €469k | |
| Gross operating margin | €74k | €125k | |
| Staff costs | €198k | €496k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-153k |
| Net profit | €-240k |
| Cash flow | €-158k |
| Staff costs | €198k |
| Income taxes | - |
| Dividends | - |
| Total assets | €475k |
| Equity | €-392k |
| Debt | €867k |
| of which ≤ 1y | €652k |
| of which > 1y | €215k |
| Working capital | €-409k |
| Employees (FTE) | 4.6 |
| 2024 | |
|---|---|
| Current ratio | 0.37 |
| Quick ratio | 0.08 |
| Working capital ratio | -86.0% |
| Solvency | -82.4% |
| Debt / equity | -2.21 |
| Long-term debt ratio | -0.55 |
| Interest coverage | -15.05 |
| Gross margin | - |
| Net margin | - |
| ROA | -50.4% |
| ROE | 61.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €475k |
| Fixed assets | 21/28 | €232k |
| Tangible fixed assets | 22/27 | €232k |
| Financial fixed assets | 28 | €253 |
| Current assets | 29/58 | €243k |
| Stocks & contracts in progress | 3 | €192k |
| Amounts receivable within one year | 40/41 | €13k |
| Cash & bank | 54/58 | €26k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €475k |
| Equity | 10/15 | €-392k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-412k |
| Amounts payable | 17/49 | €867k |
| Amounts payable after one year | 17 | €215k |
| Amounts payable within one year | 42/48 | €652k |
| Trade debts payable within one year | 44 | €161k |
| Income statement | ||
| Gross operating margin | 9900 | €74k |
| Operating result | 9901 | €-235k |
| Financial income | 75 | €5k |
| Financial charges | 65 | €10k |
| Result before taxes | 9903 | €-240k |
| Net result for the period | 9904 | €-240k |
| Result to be appropriated | 9905 | €-240k |
| NACE primary | Wholesale trade(46423) |
| Legal form | Private limited company(610) |
| Incorporation | 02-08-2021 |
| Status | Active |
| Postal code | 6600 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0621/00F000indicative | Wallonia | 1.0 ha | 1 · 1,772 m² | 22.9 m · 6 fl. |
| 82302B0830/00H000 | Wallonia | 219 m² | 1 · 37 m² | 15.8 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-12-2022 DISTRIFASHION appointed as director
- DISTRIFASHION, Bestuurder
Technical details
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"evidence_quote": "l\u0027administrateur DISTRIFASHION d\u00E9signe Madame Leslie Otto comme repr\u00E9sentante permanente charg\u00E9e de l\u0027ex\u00E9cution de ce mandat d\u0027administrateur, au nom et pour le compte de ladite soci\u00E9t\u00E9 DISTRIFASHION",
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"act_meta": {
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"decisions": [
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"date": "2022-12-14",
"unanimous": true
},
{
"body": "enig_aandeelhouder_schriftelijk",
"date": "2022-12-14",
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],
"is_correction": false,
"subject_company": {
"kbo": "0771.916.991",
"name_full": "VN WATERLOO",
"legal_form": "SRL"
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},
"co_filed_documents": [
"pv AGE 21/10/2022"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | VN WATERLOO |