Financials
- Fiscal year
- 2025
- Total assets
- €1.3m
- Loss
- -€326
- Solvency
- 9.5%
VORABEL
ActiveSummary
VORABEL has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €124,160 and a net result of -€326. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 20% of 4473 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
What they do
Retail trade
NACE 47222Retail sale of meat and meat products, excluding game and poultry NACE 47221Warehousing and support activities for transportation NACE 52220
1 site
How big
€1.3mtotal assets 2025
- Staff
- 11.8 FTE
- Equity
- €124,160
- Loss
- -€326
Who decides
Accounts 45 d early0 of 6 deeds read
Why 65- Equity €124,160 (9.5% of total assets)- Size: 11.8 FTE, total assets €1.3m- Liquidity: current ratio 0.16, cash €34,721+ Founded in 2006Show the evidence
Checked score
Score 2025
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 28% of its sector peers (NACE 47, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
34+2
equity 9.5% of total assets
Liquidity
3-2
short-term debt 90.5% · cash 2.7%
Profitability
69-2
return on assets 0.0%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Equity €124,160 (9.5% of total assets) raises the probability
- Size: 11.8 FTE, total assets €1.3m raises the probability for this profile
- Founded in 2006 lowers the probability for this profile
- Liquidity: current ratio 0.16, cash €34,721 raises the probability
Credit up to €8,000 at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.24 in 2024; short-term debt: 90.5% and cash: 2.7% of total assets), and 90.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, small). Better than this share of them on solvency 21%, liquidity 4%, profitability 53%, growth against the median 33%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 4473 sector peers (2025).
NBB · sector comparisonPosition among 4473 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
44 d early
2023
41 d early
2022
17 d early
2021
16 d early
2020
45 d early
2019
37 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 35 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Equity above €100,000Eq €124,486 ▲36.2%
Key points
By topic
Timeline
- Events
- 16
- Since
- 2017
- Next accounts
- by 31-07-2027
- 16-06-2026Annual accounts filed
- 17-06-2025Annual accounts filed
- 31-12-2024Equity above €100,000
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Retail tradeNACE 47222
- Founded
- 03-07-2006
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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