VAGEBOND
ActiveVAGEBOND has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €14k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 43% of 1503 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +49 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency76▲+5
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.65 in 2024), but 59.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
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
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
40.3%
Return on assets
10.1%
Age of the figures
8 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
6 d early
2022
38 d early
2021
30 d early
2020
9 d early
2019
69 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€57k▲ 16.1%
2024 · €49k
2018: €32k
2019: €52k
2020: €55k
2021: €84k
2022: €111k
2023: €81k
2024: €49k
2018 → 2025
Total assets
€140k▲ 4.5%
2024 · €134k
2018: €147k
2019: €171k
2020: €163k
2021: €181k
2022: €217k
2023: €191k
2024: €134k
2018 → 2025
Net result
€14k
2024 · €-32k
2018: €6k
2019: €20k
2020: €3k
2021: €29k
2022: €30k
2023: €-30k
2024: €-32k
2018 → 2025
Working capital
€21k▲ 41.9%
2024 · €15k
2018: €14k
2019: €44k
2020: €45k
2021: €72k
2022: €89k
2023: €46k
2024: €15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€84k-€111k▲ 32.3%€81k▼ 27.0%€49k▼ 39.7%€57k▲ 16.1%
Operating result€41k-€48k▲ 16.2%€-28k€-29k▼ 4.9%€14k
Net result€29k-€30k▲ 3.1%€-30k€-32k▼ 7.2%€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14k after a loss of €29k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140k
Fixed assets
€85k▼ 11.9%
Current assets
€55k▲ 46.3%
Equity and liabilities €140k
Equity
€57k▲ 16.1%
Debt
€84k▼ 2.1%
The debt ratio falls from 63.7% to 59.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€30k▲
2024 · €-14k
Cash flow
€30k▲
2024 · €-16k
Solvency
40.3%▲
2024 · 36.3%
Current ratio
1.62▼
2024 · 1.65
Quick ratio
1.62▼
2024 · 1.65
Debt / equity
1.48▼
2024 · 1.75
ROE
25.0%▲
2024 · -65.8%
ROA
10.1%▲
2024 · -23.9%
Interest coverage
11.43▲
2024 · -4.49
Debt
€84k▼
2024 · €85k
Debt ≤ 1 year
€34k▲
2024 · €23k
Debt > 1 year
€48k▼
2024 · €63k
Income taxes
€132▲
2024 · €128
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€134k€140k▲
Fixed assets21/28€96k€85k▼
Tangible fixed assets22/27€95k€83k▼
Land and buildings22€61k€56k▼
Plant, machinery and equipment23€1k€5k▲
Furniture and vehicles24€33k€23k▼
Financial fixed assets28€2k€2k=
Current assets29/58€38k€55k▲
Amounts receivable within one year40/41€6k€15k▲
Trade receivables40€3k€12k▲
Other amounts receivable41€3k€3k▼
Cash at bank and in hand54/58€28k€36k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€134k€140k▲
Equity10/15€49k€57k▲
Contributions10/11€20k€20k=
Reserves13€90k€84k▼
Distributable reserves133€90k€84k▼
Profit (loss) carried forward14€-62k€-48k▲
Amounts payable17/49€85k€84k▼
Amounts payable after more than one year17€63k€48k▼
Financial debts170/4€63k€48k▼
Amounts payable within one year42/48€23k€34k▲
Current portion of amounts payable after more than one year42€14k€14k▲
Financial debts43€1k€1k▼
Credit institutions430/8€1k€1k▼
Trade debts44€7k€8k▲
Suppliers440/4€7k€8k▲
Taxes, remuneration and social security45€453€5k▲
Taxes450/3€453€5k▲
Other amounts payable47/48€223€7k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Other operating charges640/8€1k€829▼
Gross operating margin9900€-12k€31k▲
Operating profit (loss)9901€-29k€14k▲
Financial income75/76B€310€3k▲
Recurring financial income75€310€3k▲
Non-recurring financial income76B-€3k
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903€-32k€14k▲
Income taxes67/77€128€132▲
Profit (loss) for the period9904€-32k€14k▲
Profit (loss) for the period to be appropriated9905€-32k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-62k€-48k▲
Profit (loss) brought forward from the previous period14P€-30k€-62k▼
Transfer from equity791/2-€6k
Profit to be distributed694/7-€6k
Other beneficiaries697-€6k
The notes to these accounts (11 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 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €30k ▲3.1%
Operating result €48k, net result €30k, both a record.
31-12
Financial
Equity above €100kEq €111k ▲32.3%
5 profitable years in a row build equity to €111k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Gent · 1 establishment unit since 2012
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.
Tennisstraat 749050 GentGround area
323 m²
Building footprint
81 m²
Volume, LiDAR
507 m³
Parcel 44362B0173/00V000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAGEBOND
since 20122.206.574.707
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44362B0173/00V000 | Flanders | 323 m² | 1 · 81 m² | 10.2 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
VISUAL AFFAIRS
BE 0808.864.291
Tienen · Eq €57k
Twaalfde Man
BE 0769.416.569
Antwerpen · Eq €57k
HOAX
BE 0476.133.903
Oudenaarde · Eq €57k
SOCIAL G MEDIA
BE 1001.915.176
Heusden-Zolder · Eq €57k
FICTION AGENCY
BE 0784.219.363
Roeselare · Eq €56k
Of 2,570 companies in sector 59113 we hold annual accounts for 701. 557 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2012
Fiscal year end31-12
Activities, NACEBEL
59113Video and film production, excluding cinema and television films
59120Post-production of films, video and television programmes
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.