VPL BIJOUX
ActiveThe computed 12-month bankruptcy probability of VPL BIJOUX is 3.4% (moderate). The 2025 annual accounts show equity of €1.07M and a net result of €455k. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 65% of 10345 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-3
Solvency77▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.96 against 1.71 in 2024; short-term debt: 47.5% and cash: 3.6% of total assets), and 48.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
51.6%
Return on assets
21.9%
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 d late
2024
19 d late
2023
2 d late
2022
3 d early
2021
2 d early
2020
4 d early
2019
122 d late
← 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, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€455k▲ 49.9%
2024 · €304k
2018: €200k
2019: €225k
2020: €231k
2021: €348k
2022: €452k
2023: €272k
2024: €304k
2018 → 2025
Working capital
€947k▲ 110%
2024 · €451k
2018: €-232k
2019: €195k
2020: €341k
2021: €620k
2022: €297k
2023: €265k
2024: €451k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€838k-€474k▼ 43.4%€480k▲ 1.2%€610k▲ 27.1%€1.07M▲ 75.4%
Operating result€479k-€581k▲ 21.3%€524k▼ 9.9%€389k▼ 25.7%€345k▼ 11.2%
Net result€348k-€452k▲ 29.8%€272k▼ 39.7%€304k▲ 11.4%€455k▲ 49.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 11% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.07M
Fixed assets
€142k▼ 10.8%
Current assets
€1.93M▲ 78.4%
Equity and liabilities €2.07M
Equity
€1.07M▲ 75.4%
Debt
€1.01M▲ 58.8%
The debt ratio falls from 50.9% to 48.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€408k▼
2024 · €472k
Cash flow
€517k▲
2024 · €386k
Solvency
51.6%▲
2024 · 49.1%
Current ratio
1.96▲
2024 · 1.71
Quick ratio
1.96▲
2024 · 1.71
Debt / equity
0.94▼
2024 · 1.04
ROE
42.5%▼
2024 · 49.8%
ROA
21.9%▼
2024 · 24.4%
Interest coverage
9.31▼
2024 · 18.00
Debt
€1.01M▲
2024 · €633k
Debt ≤ 1 year
€986k▲
2024 · €632k
Income taxes
€164k▲
2024 · €133k
Staff costs
€1.05M▼
2024 · €1.10M
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€1.24M€2.07M▲
Fixed assets21/28€160k€142k▼
Intangible fixed assets21€34k€58k▲
Tangible fixed assets22/27€125k€84k▼
Plant, machinery and equipment23€1k€234▼
Furniture and vehicles24€55k€33k▼
Other tangible fixed assets26€69k€51k▼
Financial fixed assets28€900€750▼
Current assets29/58€1.08M€1.93M▲
Amounts receivable after more than one year29-€400k
Other amounts receivable291-€400k
Amounts receivable within one year40/41€78k€214k▲
Trade receivables40€43k€110k▲
Other amounts receivable41€35k€104k▲
Current investments50/53€836k€1.15M▲
Cash at bank and in hand54/58€94k€74k▼
Deferred charges and accrued income490/1€76k€91k▲
Equity and liabilities
Total equity and liabilities10/49€1.24M€2.07M▲
Equity10/15€610k€1.07M▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€573k€1.03M▲
Investment grants15€15k€20k▲
Amounts payable17/49€633k€1.01M▲
Amounts payable within one year42/48€632k€986k▲
Current portion of amounts payable after more than one year42€77k€46k▼
Financial debts43-€398k
Credit institutions430/8-€398k
Trade debts44€155k€82k▼
Suppliers440/4€155k€82k▼
Taxes, remuneration and social security45€328k€332k▲
Taxes450/3€184k€201k▲
Remuneration and social security454/9€145k€131k▼
Other amounts payable47/48€71k€127k▲
Accrued charges and deferred income492/3€843€19k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.10M€1.05M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€62k▼
Other operating charges640/8€7k€8k▲
Gross operating margin9900€1.58M€1.47M▼
Operating profit (loss)9901€389k€345k▼
Financial income75/76B€153k€317k▲
Recurring financial income75€153k€317k▲
Financial charges65/66B€105k€44k▼
Recurring financial charges65€26k€44k▲
Non-recurring financial charges66B€79k€0▼
Profit (loss) for the period before taxes9903€437k€619k▲
Income taxes67/77€133k€164k▲
Profit (loss) for the period9904€304k€455k▲
Profit (loss) for the period to be appropriated9905€304k€455k▲
Appropriation of the result
Profit (loss) to be appropriated9906€753k€1.03M▲
Profit (loss) brought forward from the previous period14P€450k€573k▲
Profit to be distributed694/7€180k-
Return on contributions (dividend)694€180k-
Social balance
Average headcount (FTE)908729.928.1▼
The notes to these accounts (17 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €455k ▲49.9%
Net result €455k, the highest in the series.
31-12
Financial
Equity above €1MEq €1.07M ▲75.4%
8 profitable years in a row build equity to €1.07M.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 19 days late
2024
31-12
Financial
Equity above €500kEq €610k ▲27.1%
7 profitable years in a row build equity to €610k.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 2 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €500kEq €838k ▲71.1%
4 profitable years in a row build equity to €838k.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
31-12
Financial
Equity above €200kEq €258k ▲669%
2 profitable years in a row build equity to €258k.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, La Hulpe · 17 establishment units since 2014
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.
Chaussée de Bruxelles 941310 La HulpeGround area
26.0 ha
Building footprint
17.0 ha
Volume, LiDAR
1,763,606 m³
18 parcels, Brussels, Flanders, Wallonia · tallest building 63.3 m, ±10 floors. Linked by address, not a title deed.
17 establishment units
Venizi - Anspach
since 20142.236.034.892
Venizi - Basilix
since 20142.236.034.991
Venizi - Midi
since 20142.236.035.189
Venizi - Vanderkindere
since 20142.236.035.387
Venizi - Alost
since 20142.236.035.486
Venizi - Saint-Trond
since 20142.236.035.783
Show 11 more locations
Venizi - Xavier de Bue
since 20142.236.036.080
Venizi - Jette
since 20142.236.036.179
Venizi - Kuurne
since 20142.236.036.377
Venizi - Vilvorde
since 20142.236.036.476
Venizi - Galerie Toison d'or
since 20142.281.691.606
Venizi - Cora Anderlecht
since 20162.259.097.138
Venizi – Docks
since 20182.295.716.420
Venizi – City 2
since 20202.306.931.895
Langemunt 28, 9000 Gent
since 20212.324.987.951
Venizi – Ninove
since 20222.336.284.491
Venizi - Wijnegem
since 20232.349.216.175
18 parcels
Flanders
7
(38.9%)
Wallonia
1
(5.6%)
Brussels
10
(55.6%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0010/00E002 | Flanders | 5.6 ha | 1 · 4.9 ha | 27.4 m · 4 fl. |
| 21307F0076/00D000 | Brussels | 5.0 ha | 1 · 5.0 ha | 17.9 m · 4 fl. |
| 34352B0962/00W000 | Flanders | 4.9 ha | 1 · 1.5 ha | - |
| 21562A0435/02L002 | Brussels | 3.6 ha | 1 · 972 m² | 20.6 m · 3 fl. |
| 41362B1603/00G000 | Flanders | 2.2 ha | 1 · 2.2 ha | 22.5 m · 1 fl. |
| 21802B1669/00A000 | Brussels | 1.6 ha | 1 · 1.6 ha | 63.3 m · 7 fl. |
| 21003A0333/00C006 | Brussels | 1.3 ha | 1 · 9,101 m² | 26.6 m · 4 fl. |
| 21802B1472/00K000 | Brussels | 5,275 m² | 1 · 5,338 m² | 33.3 m · 10 fl. |
| 25050B0527/00E000 | Wallonia | 4,923 m² | 1 · 642 m² | 20.6 m · 1 fl. |
| 41002A0304/00B000 | Flanders | 4,687 m² | 1 · 184 m² | 16.9 m · 5 fl. |
| 21009A0448/00R000 | Brussels | 1,411 m² | 1 · 625 m² | 21.3 m · 1 fl. |
| 21016B0034/00P015 | Brussels | 572 m² | 1 · 510 m² | 19.2 m · 5 fl. |
| 23642D0701/00N000 | Flanders | 244 m² | 1 · 107 m² | 14.3 m · 2 fl. |
| 21464E0002/02G003 | Brussels | 164 m² | 1 · 159 m² | 17.7 m · 6 fl. |
| 21902A0422/00C007 | Brussels | 158 m² | 1 · 268 m² | 18.4 m · 2 fl. |
| 21016B0277/00L022 | Brussels | 144 m² | 1 · 97 m² | 18.4 m · 4 fl. |
| 44802B1710/00_000 | Flanders | 103 m² | 1 · 103 m² | 12.2 m · 3 fl. |
| 71053H1046/00E000 | Flanders | 65 m² | 1 · 50 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 17
18 of 18 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
87550068ON3NQM7W6O11
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Of 2,017 companies in sector 47770 we hold annual accounts for 898. 509 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-10-2014
Fiscal year end31-12
Activities, NACEBEL
47770Retail sale of watches and jewellery
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.