VORTHEX AEQUO
ActiveVORTHEX AEQUO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75k and a net result of €3k. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 87% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-10
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 9.16 against 10.12 in 2024; short-term debt: 10.4% and cash: 50.6% of total assets), and 20.3% of the assets are financed with debt.
Credit advice 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
79.7%
Return on assets
3%
Age of the figures
9 mo
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
21 d early
2023
29 d early
2022
32 d early
2021
34 d early
2020
32 d early
2019
32 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€75k▼ 36.3%
2024 · €117k
2018: €16k
2019: €31k
2020: €48k
2021: €74k
2022: €79k
2023: €103k
2024: €117k
2018 → 2025
Total assets
€94k▼ 33.3%
2024 · €141k
2018: €67k
2019: €60k
2020: €88k
2021: €103k
2022: €109k
2023: €128k
2024: €141k
2018 → 2025
Net result
€3k▼ 80.9%
2024 · €15k
2018: €20k
2019: €15k
2020: €17k
2021: €20k
2022: €4k
2023: €24k
2024: €15k
2018 → 2025
Working capital
€79k▼ 33.3%
2024 · €119k
2018: €43k
2019: €54k
2020: €38k
2021: €49k
2022: €73k
2023: €101k
2024: €119k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€79k▲ 6.0%€103k▲ 30.5%€117k▲ 14.3%€75k▼ 36.3%
Operating result€29k-€8k▼ 72.9%€37k▲ 376%€23k▼ 39.3%€5k▼ 75.6%
Net result€20k-€4k▼ 78.0%€24k▲ 443%€15k▼ 39.0%€3k▼ 80.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 76% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94k
Fixed assets
€5k▼ 44.9%
Current assets
€89k▼ 32.5%
Equity and liabilities €94k
Equity
€75k▼ 36.3%
Debt
€19k▼ 18.1%
The debt ratio rises from 16.5% to 20.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9k▼
2024 · €27k
Cash flow
€7k▼
2024 · €19k
Solvency
79.7%▼
2024 · 83.5%
Current ratio
9.16▼
2024 · 10.12
Quick ratio
7.91▼
2024 · 9.13
Debt / equity
0.25▲
2024 · 0.20
ROE
3.7%▼
2024 · 12.5%
ROA
3.0%▼
2024 · 10.4%
Interest coverage
7.25▼
2024 · 29.02
Debt
€19k▼
2024 · €23k
Debt ≤ 1 year
€10k▼
2024 · €13k
Income taxes
€1k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€141k€94k▼
Fixed assets21/28€9k€5k▼
Intangible fixed assets21€4k€1k▼
Tangible fixed assets22/27€4k€4k▼
Other tangible fixed assets26€4k€4k▼
Current assets29/58€132k€89k▼
Stocks and contracts in progress3€13k€12k▼
Stocks30/36€13k€12k▼
Amounts receivable within one year40/41€27k€29k▲
Trade receivables40€19k€16k▼
Other amounts receivable41€8k€14k▲
Cash at bank and in hand54/58€92k€47k▼
Equity and liabilities
Total equity and liabilities10/49€141k€94k▼
Equity10/15€117k€75k▼
Contributions10/11€12k€19k▲
Reserves13€105k€56k▼
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€103k€56k▼
Amounts payable17/49€23k€19k▼
Amounts payable within one year42/48€13k€10k▼
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€9k€4k▼
Taxes450/3€9k€4k▼
Other amounts payable47/48€788-
Accrued charges and deferred income492/3€10k€9k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€904€520▼
Gross operating margin9900€27k€10k▼
Operating profit (loss)9901€23k€5k▼
Financial charges65/66B€913€1k▲
Recurring financial charges65€913€1k▲
Profit (loss) for the period before taxes9903€22k€4k▼
Income taxes67/77€7k€1k▼
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€15k€3k▼
Transfer from equity791/2-€52k
Transfer to equity691/2€15k€3k▼
To other reserves6921€15k€3k▼
Profit to be distributed694/7-€52k
Return on contributions (dividend)694-€52k
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €3k ▼80.9%
Net result drops to €3k, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €24k ▲443%
Operating result €37k, net result €24k, both a record.
31-12
Financial
Equity above €100kEq €103k ▲30.5%
6 profitable years in a row build equity to €103k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 9.84
Current ratio from 2.81 to 9.84; short-term debt falls from €24k to €6k.
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Heist-op-den-Berg · 1 establishment unit since 2012
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.
Diepenbroekstraatje 152220 Heist-op-den-BergGround area
4,413 m²
Building footprint
160 m²
Volume, LiDAR
1,099 m³
Parcel 12322I0778/00A002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VORTHEX AEQUO
since 20122.207.247.173
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322I0778/00A002 | Flanders | 4,413 m² | 1 · 160 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,348 companies in sector 47621 we hold annual accounts for 1,246. 1,103 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2012
Fiscal year end31-12
Activities, NACEBEL
47620Retail trade
47621Retail sale of newspapers and periodicals
46491Wholesale trade
58110Book publishing
58120Publishing activities
58130Publishing activities
58140Publishing activities
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.