Financials
- Fiscal year
- 2024
- Total assets
- €17,795
- Profit
- €3,032
- Solvency
- 28.3%
VSTN SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of VSTN SERVICES is 7.7% (elevated). The 2024 annual accounts show equity of €5,032 and a net result of €3,032. Its solvency ranks better than 32% of 2438 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25210Manufacture of fabricated metal products, except machinery and equipment NACE 25300
1 site
Size
€17,795total assets 2024
- Equity
- €5,032
- Profit
- €3,032
Turnover not published (abridged schema)
Structure
Accounts filed 30 d late0 of 2 deeds read
Why 33- 1 change of registered office in 24 months- Figures for FY 2024 (filed 30-08-2025)- Founded in 2024- 1 financial year not filed after the legal deadline; latest accounts 30 days lateShow the evidence
Checked score
Score 2024
33
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 31% of its sector peers (NACE 25, micro)
Performance against the sector, not lower risk
Financial strength
Average
Solvency
53
equity 28.3% of total assets
Liquidity
33
short-term debt 41.7% · cash 2.3%
Profitability
72
return on assets 17.0%
Bankruptcy probability, 12 months
7.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 1.8%lowest value
03-2025: 1.9%▲ +2.6% vs 02-2025
04-2025: 1.9%▲ +2.0% vs 03-2025
05-2025: 4.5%▲ +134% vs 04-2025
06-2025: 4.5%▲ +0.4% vs 05-2025
07-2025: 4.9%▲ +9.9% vs 06-2025
08-2025: 5.1%▲ +4.3% vs 07-2025
09-2025: 3.1%▼ -39.1% vs 08-2025
10-2025: 3.1%● 0.0% vs 09-2025
11-2025: 3.1%▲ +0.5% vs 10-2025
12-2025: 3.1%▼ -0.5% vs 11-2025
01-2026: 3.2%▲ +3.1% vs 12-2025
02-2026: 3.2%● 0.0% vs 01-2026
03-2026: 3.2%▲ +0.7% vs 02-2026
04-2026: 3.9%▲ +21.6% vs 03-2026
05-2026: 4.6%▲ +16.9% vs 04-2026
06-2026: 4.7%▲ +2.0% vs 05-2026
07-2026: 4.8%▲ +2.1% vs 06-2026
08-2026: 5.2%▲ +8.7% vs 07-2026
09-2026: 5.2%▲ +0.2% vs 08-2026
10-2026: 7.7%▲ +46.7% vs 09-2026highest value
- 1 change of registered office in 24 months raises the probability
- Figures for FY 2024 (filed 30-08-2025) raises the probability
- Founded in 2024 raises the probability for this profile
- 1 financial year not filed after the legal deadline; latest accounts 30 days late raises the probability
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.17; short-term debt: 41.7% and cash: 2.3% of total assets), and 71.7% 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 25, micro). Better than this share of them on solvency 31%, liquidity 20%, profitability 43%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. 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
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 1 filingDeviation from the deadline
2024
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 30 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2025
- 30-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of fabricated metal products, except machinery and…NACE 25210
- Founded
- 09-01-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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