VW-EVENTS

Active

Private limited companyfounded 201016 yrs activeDe Stropersstraat(KEM) 87, 9190 Stekene, BelgiumKBO/BCE: BE 0822.682.338

The computed 12-month bankruptcy probability of VW-EVENTS is 2.8% (moderate). The annual accounts of VW-EVENTS for fiscal year 2024 show a net loss of 91% of the equity at the start of that year. The 2024 annual accounts show equity of €18k and a net result of €-187k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 18941 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

27 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency29▼-23

Growth32▼-20

Track record100

Bankruptcy probability, 12 months

2.8% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity short (current ratio 0.47 against 0.88 in 2023; short-term debt: 95.5% and cash: 25.5% of total assets), and 95.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

4.5%

Return on assets

-46.9%

Age of the figures

20 mo

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

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

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

18192021222324

2018 to 2024 · latest year €-187k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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

not confirmed

2024

55 d late

2023

57 d late

2022

92 d late

2021

78 d late

2020

90 d late

2019

84 d late

← before the deadline after the deadline →

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 2024, micro schema

Equity

€18k▼ 91.3%

2023 · €204k

2018: €20k 2019: €13k 2020: €39k 2021: €395k 2022: €352k 2023: €204k

2018 → 2024

Total assets

€398k▼ 46.5%

2023 · €744k

2018: €71k 2019: €23k 2020: €79k 2021: €874k 2022: €881k 2023: €744k

2018 → 2024

Net result

€-187k▼ 26.9%

2023 · €-147k

2018: €136 2019: €-8k 2020: €26k 2021: €383k 2022: €-43k 2023: €-147k

2018 → 2024

Working capital

€-200k▼ 223%

2023 · €-62k

2018: €21k 2019: €13k 2020: €38k 2021: €233k 2022: €125k 2023: €-62k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€39k-€395k▲ 913%€352k▼ 10.9%€204k▼ 41.8%€18k▼ 91.3%

Operating result€27k-€518k▲ 1,817%€-31k€-137k▼ 341%€-182k▼ 32.5%

Net result€26k-€383k▲ 1,364%€-43k€-147k▼ 241%€-187k▼ 26.9%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €182k in 2024 against €137k in 2023; the loss grows and 2024 has the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €398k

54.8%

45.2%

Fixed assets €218k▼ 18.1%

Current assets €180k▼ 62.3%

Equity and liabilities €398k

95.5%

Equity €18k▼ 91.3%

Debt €380k▼ 29.5%

The debt ratio rises from 72.5% to 95.5%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-122k▼

2023 · €-88k

Cash flow

€-127k▼

2023 · €-98k

Solvency

4.5%▼

2023 · 27.5%

Current ratio

0.47▼

2023 · 0.88

Quick ratio

0.43▼

2023 · 0.86

Debt / equity

21.36▲

2023 · 2.64

ROA

-46.9%▼

2023 · -19.8%

Interest coverage

-25.48▼

2023 · -9.78

Debt

€380k▼

2023 · €539k

Debt ≤ 1 year

€380k▼

2023 · €539k

Income taxes

€149▼

2023 · €887

Staff costs

€39k▼

2023 · €53k

A ratio outside any meaningful range has been withheld (balance sheet total €398k, equity €18k).

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€744k€398k▼

Fixed assets21/28€267k€218k▼

Intangible fixed assets21€1k€770▼

Tangible fixed assets22/27€265k€217k▼

Plant, machinery and equipment23€78k€65k▼

Furniture and vehicles24€96k€68k▼

Other tangible fixed assets26€92k€84k▼

Current assets29/58€477k€180k▼

Stocks and contracts in progress3€15k€15k=

Stocks30/36€15k€15k=

Amounts receivable within one year40/41€259k€52k▼

Trade receivables40€50k€23k▼

Other amounts receivable41€209k€29k▼

Cash at bank and in hand54/58€197k€101k▼

Deferred charges and accrued income490/1€7k€11k▲

Equity and liabilities

Total equity and liabilities10/49€744k€398k▼

Equity10/15€204k€18k▼

Contributions10/11€19k€19k=

Reserves13€182k€2k▼

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€180k€0▼

Profit (loss) carried forward14€4k€-3k▼

Amounts payable17/49€539k€380k▼

Amounts payable within one year42/48€539k€380k▼

Trade debts44€218k€119k▼

Suppliers440/4€218k€119k▼

Taxes, remuneration and social security45€9k€7k▼

Taxes450/3€2k€2k▲

Remuneration and social security454/9€7k€5k▼

Other amounts payable47/48€313k€255k▼

Income statement Code20232024

Remuneration, social security and pensions62€53k€39k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€60k▲

Other operating charges640/8€16k€13k▼

Gross operating margin9900€-19k€-69k▼

Operating profit (loss)9901€-137k€-182k▼

Financial income75/76B€0€2▲

Recurring financial income75€0€2▲

Financial charges65/66B€9k€5k▼

Recurring financial charges65€9k€5k▼

Profit (loss) for the period before taxes9903€-146k€-187k▼

Income taxes67/77€887€149▼

Profit (loss) for the period9904€-147k€-187k▼

Profit (loss) for the period to be appropriated9905€-147k€-187k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-146k€-183k▼

Profit (loss) brought forward from the previous period14P€1k€4k▲

Transfer from equity791/2€150k€180k▲

Social balance

Average headcount (FTE)90871.7-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2025

24-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 55 days late

2024

31-12

Financial Weakest financial yearnet €-187k

Net result drops to €-187k, the lowest in the series.

26-09

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 57 days late

2023

31-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 92 days late

2022

17-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 78 days late

2021

31-12

Financial Highest result since 2018net €383k ▲1364%

Operating result €518k, net result €383k, both a record.

31-12

Financial Equity above €200kEq €395k ▲913%

2 profitable years in a row build equity to €395k.

29-10

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 90 days late

2020

31-12

Financial Back to profitnet €26k

Net result €26k after one loss-making year.

23-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 84 days late

2019

30-08

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 30 days late

2018

30-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 30 days late

2017

30-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 30 days late

2016

31-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

7 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, Stekene · 2 establishment units since 2009

establishment approximate All 2 establishment units 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.

De Stropersstraat(KEM) 879190 Stekene

Ground area

1,826 m²

Building footprint

366 m²

Volume, LiDAR

1,265 m³

2 parcels, Flanders · tallest building 5.0 m, ±1 floor. Linked by address, not a title deed.

2 establishment units

VW-Events

De Stropersstraat(KEM) 87, 9190 StekeneEvent catering

since 20092.185.115.733

The Lakehouse

De Stropersstraat(KEM) 71, 9190 StekeneFood and beverage service activities

since 20202.298.690.657

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46011B0446/02E000indicative	Flanders	1,524 m²	1 · 365 m²	5.0 m · 1 fl.
46011B0644/00N000	Flanders	302 m²	-	-

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

1 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Stekene2.298.690.657

1 permission

Toelating · Eetgelegenheid · since 12-02-2020

Similar companies · same sector, comparable size

SUNSET BOULEVARD PROD

BE 0865.692.237

Grez-Doiceau · Eq €19k

SRL116

BE 0718.708.632

Brussel · Eq €19k

Of 335 companies in sector 56302 we hold annual accounts for 170. 109 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded28-01-2010

Fiscal year end31-12

Activities, NACEBEL

56302Nightclubs

82300Organisation of conventions and trade shows

56301Cafés and bars

Sources

Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.