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VOSTEX

Active
Public limited companyfounded 198739 yrs activeKaudenaardestraat 71, 1700 Dilbeek, BelgiumKBO/BCE: BE 0431.327.722

VOSTEX has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €433k and a net result of €114k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 43% of 11185 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
94 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+47
Solvency75▼-14
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.09 against 2.71 in 2024), but 66.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 39 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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 2025
Solvency, return and age of the figures
Solvency
33.8%
Return on assets
8.9%
Age of the figures
14 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-02-2026, 23 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 filings
Deviation from the deadline
2025
23 d late
2024
11 d late
2023
5 d late
2022
6 d late
2021
24 d late
2020
24 d late
2019
20 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€433k▲ 35.6%
2024 · €319k
2019: €228k 2020: €242k 2021: €252k 2022: €263k 2023: €286k 2024: €319k
2019 → 2025
Total assets
€1.28M▲ 76.0%
2024 · €729k
2019: €489k 2020: €636k 2021: €624k 2022: €604k 2023: €597k 2024: €729k
2019 → 2025
Net result
€114k▲ 238%
2024 · €34k
2019: €15k 2020: €15k 2021: €10k 2022: €11k 2023: €23k 2024: €34k
2019 → 2025
Working capital
€646k▲ 113%
2024 · €303k
2019: €108k 2020: €265k 2021: €266k 2022: €267k 2023: €280k 2024: €303k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€252k-€263k▲ 4.3%€286k▲ 8.9%€319k▲ 11.7%€433k▲ 35.6%
Operating result€18k-€18k▲ 0.2%€18k▲ 0.5%€18k▼ 1.7%€177k▲ 883%
Net result€10k-€11k▲ 11.1%€23k▲ 117%€34k▲ 44.3%€114k▲ 238%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2021: €18k€18kNet result 2021: €10k€10kOperating result 2022: €18k€18kNet result 2022: €11k€11kOperating result 2023: €18k€18kNet result 2023: €23k€23kOperating result 2024: €18k€18kNet result 2024: €34k€34kOperating result 2025: €177k€177kNet result 2025: €114k€114k20212022202320242025
The operating result recovers in 2025; 2025 is 883% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.28M
Fixed assets €328k▲ 32.4%
Current assets €955k▲ 98.4%
Equity and liabilities €1.28M
Equity €433k▲ 35.6%
Debt €849k▲ 108%
The debt ratio rises from 56.2% to 66.2%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€197k
2024 · €42k
Cash flow
€133k
2024 · €58k
Solvency
33.8%
2024 · 43.8%
Current ratio
3.09
2024 · 2.71
Quick ratio
3.09
2024 · 2.71
Debt / equity
1.96
2024 · 1.28
ROE
26.2%
2024 · 10.5%
ROA
8.9%
2024 · 4.6%
Interest coverage
7.42
2024 · 6.46
Debt
€849k
2024 · €409k
Debt ≤ 1 year
€309k
2024 · €178k
Debt > 1 year
€525k
2024 · €232k
Income taxes
€53k
2024 · €6k
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€729k€1.28M
Fixed assets21/28€248k€328k
Tangible fixed assets22/27€238k€218k
Land and buildings22€238k€218k
Financial fixed assets28€10k€110k
Current assets29/58€481k€955k
Amounts receivable within one year40/41€432k€912k
Trade receivables40€19k€19k=
Other amounts receivable41€413k€892k
Cash at bank and in hand54/58€29k€7k
Deferred charges and accrued income490/1€20k€36k
Equity and liabilities
Total equity and liabilities10/49€729k€1.28M
Equity10/15€319k€433k
Contributions10/11€300k€300k=
Capital10€300k€300k=
Issued capital100€300k€300k=
Reserves13€44k€158k
Non-distributable reserves130/1€25k€30k
Legal reserve130€25k€30k
Distributable reserves133€19k€128k
Profit (loss) carried forward14€-25k€-25k=
Amounts payable17/49€409k€849k
Amounts payable after more than one year17€232k€525k
Financial debts170/4€232k€525k
Amounts payable within one year42/48€178k€309k
Current portion of amounts payable after more than one year42€35k€48k
Trade debts44€1k€197
Suppliers440/4€1k€197
Taxes, remuneration and social security45€11k€20k
Taxes450/3€2k€10k
Remuneration and social security454/9€10k€10k=
Other amounts payable47/48€130k€240k
Accrued charges and deferred income492/3-€16k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€20k
Other operating charges640/8€4k€4k
Gross operating margin9900€46k€201k
Operating profit (loss)9901€18k€177k
Financial income75/76B€28k€16k
Recurring financial income75€28k€16k
Financial charges65/66B€7k€27k
Recurring financial charges65€7k€27k
Profit (loss) for the period before taxes9903€39k€167k
Income taxes67/77€6k€53k
Profit (loss) for the period9904€34k€114k
Profit (loss) for the period to be appropriated9905€34k€114k
Appropriation of the result
Profit (loss) to be appropriated9906€-75k€89k
Profit (loss) brought forward from the previous period14P€-108k€-25k
Transfer from equity791/2€69k-
Transfer to equity691/2€19k€114k
To other reserves6921€19k€114k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
23-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 23 days late
2025
30-06
Financial Highest result since 2019net €114k ▲238%
Operating result €177k, net result €114k, both a record.
11-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
05-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
06-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 6 days late
2022
24-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
30-06
Financial Weakest financial yearnet €10k ▼34.3%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
24-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
20-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
12-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
23-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
21-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Dilbeek · 1 establishment unit since 1987
establishment The establishment unit on the map
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.

Kaudenaardestraat 711700 Dilbeek
Ground area
1,648 m²
Building footprint
272 m²
Volume, LiDAR
1,016 m³
Parcel 23352F0193/00D002, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VOSTEX
Kaudenaardestraat 71, 1700 DilbeekAir transport
since 19872.029.397.871
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23352F0193/00D002 Flanders 1,648 m² 1 · 272 m² 10.3 m · 1 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.

Similar companies · same sector, comparable size

Of 683 companies in sector 46412 we hold annual accounts for 512. 390 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded19-06-1987
Fiscal year end30-06
Activities, NACEBEL
46412Wholesale of household textiles and bedding
51410
46349Wholesale of beverages, general range
47252Retail sale of beverages, general range
47512Retail sale of household textiles and bedding
51340
52250Logistics services
52410
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.