PUBLI VIGNERON

Active

Private limited companyfounded 200521 yrs activeHasseltsesteenweg 59, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0872.025.743

Summary

PUBLI VIGNERON has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €133k and a net result of €38k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 73% of 290 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2024

83 / 100

Excellent

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

Axes · tick = 2023

Profitability93=

Solvency94▲+17

Growth78▲+20

Track record100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €11k at 30 days acceptable

Liquidity ample (current ratio 3.19 against 2.02 in 2023; short-term debt: 31.1% and cash: 7.2% of total assets), and 31.1% 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

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

−lowers risk○neutral

Lower-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 13

Relative position

BE, all sectors

reference

Sector 13

lower

← fewer bankruptcies more bankruptcies →

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

Growing equity

Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €133k

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

44 d early

2023

2 d early

2022

41 d early

2021

29 d late

2020

33 d early

2019

18 d early

← before the deadline after the deadline →

Checked, nothing found (1)

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

€133k▲ 299%

2023 · €33k

2018: €59k 2019: €22k 2020: €-14k 2021: €1k 2022: €21k 2023: €33k

2018 → 2024

Total assets

€194k▲ 200%

2023 · €65k

2018: €74k 2019: €37k 2021: €23k 2022: €38k 2023: €65k

2018 → 2024

Net result

€38k▲ 202%

2023 · €12k

2018: €-36k 2019: €-37k 2020: €-37k 2021: €16k 2022: €20k 2023: €12k

2018 → 2024

Working capital

€132k▲ 315%

2023 · €32k

2018: €-14k 2021: €-501 2022: €20k 2023: €32k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-14k-€1k€21k▲ 1,428%€33k▲ 59.4%€133k▲ 299%

Operating result€-37k-€25k€30k▲ 19.6%€22k▼ 27.4%€80k▲ 269%

Net result€-37k-€16k€20k▲ 25.4%€12k▼ 36.4%€38k▲ 202%

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

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 269% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €194k

99.2%

Fixed assets €1k ▼ 12.2%

Current assets €192k ▲ 206%

Equity and liabilities €194k

68.9%

31.1%

Equity €133k ▲ 299%

Debt €60k ▲ 93.8%

Debt's share of the balance-sheet total falls from 48.2% to 31.1%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€81k▲

2023 · €23k

Cash flow

€39k▲

2023 · €14k

Current ratio

3.19▲

2023 · 2.02

Debt to equity

0.45▼

2023 · 0.93

ROE

28.2%▼

2023 · 37.3%

ROA

19.4%▲

2023 · 19.3%

Interest coverage

1010.55▲

2023 · 623.18

Debt ≤ 1 year

€60k▲

2023 · €31k

Income taxes

€47k▲

2023 · €10k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines

Balance sheet Code20232024

Assets

Total assets20/58€65k€194k▲

Fixed assets21/28€2k€1k▼

Tangible fixed assets22/27€2k€1k▼

Plant, machinery and equipment23€625-

Furniture and vehicles24€1k€1k▲

Current assets29/58€63k€192k▲

Amounts receivable within one year40/41€51k€178k▲

Trade receivables40€22k€43k▲

Other amounts receivable41€29k€135k▲

Cash at bank and in hand54/58€11k€14k▲

Deferred charges and accrued income490/1€1k€165▼

Equity and liabilities

Total equity and liabilities10/49€65k€194k▲

Equity10/15€33k€133k▲

Contributions10/11€19k€19k=

Reserves13€2k€39k▲

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

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

Distributable reserves133-€38k

Profit (loss) carried forward14€13k€75k▲

Amounts payable17/49€31k€60k▲

Amounts payable within one year42/48€31k€60k▲

Trade debts44€7k€21k▲

Suppliers440/4€7k€21k▲

Taxes, remuneration and social security45€24k€39k▲

Taxes450/3€24k€39k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲

Other operating charges640/8€968€3k▲

Gross operating margin9900€24k€84k▲

Operating profit (loss)9901€22k€80k▲

Financial income75/76B€1k€5k▲

Recurring financial income75€1k€5k▲

Financial charges65/66B€37€80▲

Recurring financial charges65€37€80▲

Profit (loss) for the period before taxes9903€23k€85k▲

Income taxes67/77€10k€47k▲

Profit (loss) for the period9904€12k€38k▲

Profit (loss) for the period to be appropriated9905€12k€38k▲

Appropriation of the result

Profit (loss) to be appropriated9906€13k€51k▲

Profit (loss) brought forward from the previous period14P€524€13k▲

Transfer to equity691/2-€38k

To other reserves6921-€38k

Shareholders' contribution to the loss794-€62k

The notes to these accounts (5 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

17-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2018net €38k ▲202%

Operating result €80k, net result €38k, both a record.

31-12

Financial Equity above €100kEq €133k ▲299%

4 profitable years in a row build equity to €133k.

29-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

20-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Liquidity doublescurrent ratio 2.20

Current ratio from 0.98 to 2.20; short-term debt falls from €22k to €17k.

29-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 29 days late

2021

31-12

Financial Back to profitnet €16k

Net result €16k after 3 loss-making years.

28-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

13-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

01-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

20-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 20 days late

2017

01-09

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 32 days late

2016

31-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 31 days late

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

Directors · office · real estate

Directors

1 act for this company is 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, Sint-Truiden · 1 establishment unit since 2005

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.

Hasseltsesteenweg 593800 Sint-Truiden

Ground area

970 m²

Building footprint

275 m²

Volume, LiDAR

1,889 m³

Parcel 71352D0194/00M006, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Publi Vingeron

Hasseltsesteenweg 59, 3800 Sint-TruidenNACE 7012001

since 20052.145.850.826

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71352D0194/00M006	Flanders	970 m²	1 · 275 m²	11.7 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.

Similar companies · same sector, comparable size

PROSPORT MANAGEMENT

BE 0424.741.125

Tournai · Eq €133,189

B.U. CREATIONS

BE 0838.422.171

Anderlecht · Eq €130,871

Waregem · Eq €144,862

Of 755 companies in sector 13300 we hold annual accounts for 160. 116 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded21-02-2005

Fiscal year end31-12

Activities, NACEBEL 2025

13300Finishing of textiles

18120Other printing

18130Pre-press and pre-media services

74120Graphic design and visual communication

Sources

Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.