Age2 yrs
Real estate2 parcels · 2,855 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Vase is 1.8% (moderate). The 2024 annual accounts show equity of €27k and a net result of €2k. Its solvency ranks better than 32% of 3354 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Trust signals
2 signalsYoung company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.8%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate sector
+Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€2k
Working capital€216k
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 29-07-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 6.8% | 25.2% | |
| Net result | €2k | €4k | |
| Equity | €27k | €23k | |
| Gross operating margin | €41k | €19k | |
| Total assets | €392k | €105k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €40k |
| Net profit | €2k |
| Cash flow | €14k |
| Staff costs | - |
| Income taxes | €553 |
| Dividends | - |
| Total assets | €392k |
| Equity | €27k |
| Debt | €365k |
| of which ≤ 1y | €75k |
| of which > 1y | €285k |
| Working capital | €216k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 3.89 |
| Quick ratio | 2.01 |
| Working capital ratio | 55.3% |
| Solvency | 6.8% |
| Debt / equity | 13.65 |
| Long-term debt ratio | 10.67 |
| Interest coverage | 1.57 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.4% |
| ROE | 6.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €392k |
| Fixed assets | 21/28 | €100k |
| Intangible fixed assets | 21 | €88k |
| Tangible fixed assets | 22/27 | €12k |
| Current assets | 29/58 | €291k |
| Stocks & contracts in progress | 3 | €141k |
| Amounts receivable within one year | 40/41 | €52k |
| Cash & bank | 54/58 | €96k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €392k |
| Equity | 10/15 | €27k |
| Contributions / capital | 10/11 | €25k |
| Reserves | 13 | €2k |
| Amounts payable | 17/49 | €365k |
| Amounts payable after one year | 17 | €285k |
| Amounts payable within one year | 42/48 | €75k |
| Trade debts payable within one year | 44 | €9k |
| Income statement | ||
| Gross operating margin | 9900 | €41k |
| Operating result | 9901 | €28k |
| Financial income | 75 | €170 |
| Financial charges | 65 | €26k |
| Result before taxes | 9903 | €2k |
| Income taxes | 67/77 | €553 |
| Net result for the period | 9904 | €2k |
| Result to be appropriated | 9905 | €2k |
Ratios computed by Checked.
Health barometer
FY 2024 · computed61
/ 100
Healthy
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Locations & real estate
Establishment units
1 locationVase
since 20232.351.188.245
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2,855 m²
Buildings2
Building footprint738 m²
Volume (LiDAR)5,711 m³
Tallest building10.8 m · ±3 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11032A0651/02R000 | Flanders | 2,619 m² | 1 · 553 m² | 10.0 m · 3 fl. |
| 11922B0571/00L010 | Flanders | 236 m² | 1 · 185 m² | 10.8 m · 3 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgian State Gazette · acts
No structured acts for this company yet
That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.
Analysis
Snowflake analysis
financial profile on 5 axes50
/ 100
Mixed profile: strong on stability, weaker on profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
61
Profitability
33
Solvency
38
Growth
-
Stability
67
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Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
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Primary activity highlighted.
Names & trade names
| Legal nameNL | Vase |
Registered office
Kleinveldweg 22 bus 2
2970 Schilde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.