VINC · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of VINC is 3.6% (moderate). The 2025 annual accounts show equity of €67k and a net result of €31k. Equity is growing by ~86.5% per year across the filed fiscal years. Its solvency ranks better than 59% of 1104 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

2 signals · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Filed after the deadline

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-03-2026, 38 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.

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 3 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-06-2025	31-01-2026	10-03-2026	38 d late	2026-00051238
30-06-2024	31-01-2025	03-01-2025	28 d early	2025-00629312
30-06-2023	31-01-2024	02-01-2024	29 d early	2024-00543393

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

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 strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

3.6% Moderate

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Young company +Annual accounts: healthy 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€31k-1.3%

Working capital€52k+96.4%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 10-03-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~86.5%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	35.4%	25.7%	better than 59% of 1104 sector peers
Net result	€31k	€7k	better than 78% of 1106 sector peers
Equity	€67k	€22k	better than 76% of 1108 sector peers
Gross operating margin	€73k	€63k	better than 55% of 1102 sector peers
Staff costs	€27k	€51k	higher than 33% of 806 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P59

Improving position over 2023-2025 · n=1104-5650

Net result P78

Improving position over 2023-2025 · n=1106-5638

Equity P76

Improving position over 2023-2025 · n=1108-5662

Gross operating margin P55

Stable position over 2023-2025 · n=1102-5624

Describes the position versus peers, not a forecast.

EBITDA

€42k

-10.5% 23-25

Net profit

€31k

-1.3% 23-25

Cash flow

€37k

+6.1% 23-25

Total assets

€190k

+137.9% 23-25

Equity

€67k

+86.0% 23-25

Working capital

€52k

+96.4% 23-25

Employees (FTE)

6

+75.0% 23-25

Staff costs

€27k

-21.1% 23-25

Show 11 other metrics

Income taxes

€10k

+94.6% 23-25

Debt

€122k

+181.1% 23-25

Debt ≤ 1y

€86k

+173.4% 23-25

Debt > 1y

€37k

+200.6% 23-25

Current ratio

1.61

-13.0% 23-25

Quick ratio

1.61

-13.0% 23-25

Solvency

35.4%

-21.8% 23-25

Debt / equity

1.82

+51.1% 23-25

ROE

46.2%

-46.9% 23-25

ROA

16.4%

-58.5% 23-25

Interest coverage

8.84

-57.7% 23-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€42k
Net profit	€31k
Cash flow	€37k
Staff costs	€27k
Income taxes	-
Dividends	-
Total assets	€190k
Equity	€67k
Debt	€122k
of which ≤ 1y	€86k
of which > 1y	€37k
Working capital	€52k
Employees (FTE)	5.6

Ratios (computed)

	2025
Current ratio	1.61
Quick ratio	1.61
Working capital ratio	27.7%
Solvency	35.4%
Debt / equity	1.82
Long-term debt ratio	0.55
Interest coverage	8.84
Gross margin	-
Net margin	-
ROA	16.4%
ROE	46.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €51k · 27.1% Current assets €138k · 72.9%

Equity & liabilities

Equity €67k · 35.4% Debt €122k · 64.6%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€190k
Fixed assets	21/28	€51k
Tangible fixed assets	22/27	€51k
Financial fixed assets	28	€25
Current assets	29/58	€138k
Amounts receivable within one year	40/41	€32k
Cash & bank	54/58	€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€190k
Equity	10/15	€67k
Contributions / capital	10/11	€1k
Accumulated profits (losses)	14	€66k
Amounts payable	17/49	€122k
Amounts payable after one year	17	€37k
Amounts payable within one year	42/48	€86k
Trade debts payable within one year	44	€45k
Income statement
Gross operating margin	9900	€73k
Operating result	9901	€36k
Financial charges	65	€5k
Result before taxes	9903	€31k
Net result for the period	9904	€31k
Result to be appropriated	9905	€31k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

86 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

VINC

Kapelsestraat 251, 2950 KapellenEetgelegenheden met beperkte bediening

since 20222.327.878.353

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area240 m²

Buildings1

Building footprint229 m²

Volume (LiDAR)1,062 m³

Tallest building8.2 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels 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 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11023B0105/02N006	Flanders	240 m²	1 · 229 m²	8.2 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 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

0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

5 of 5 axes measured

85 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 86

Profitability 100

Solvency 69

Growth 78

Stability 94

Credit advice

verdict per customer and amount

Similar

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We hold annual accounts for 2,996 of the 21,772 companies in this sector. 2,361 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112Cateringdiensten op contractbasis en overige diensten in verband met maaltijden56220Overige eetgelegenheden56290

Primary activity highlighted.

Names & trade names

Legal nameNL

VINC

Registered office

Kapelsestraat 251

2950 Kapellen, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.