VESTIMA
ActiveSummary
VESTIMA has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.56M and a net result of €188k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-8
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 8.86 against 8.44 in 2024; short-term debt: 4.9% and cash: 42% of total assets), and 14.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
85.1%
Return on assets
6.2%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
53 d early
2023
56 d early
2022
55 d early
2021
48 d early
2020
55 d early
2019
43 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.56M▲ 7.5%
2024 · €2.38M
2019: €1.62M
2020: €1.64M
2021: €1.76M
2022: €1.88M
2023: €2.02M
2024: €2.38M
2019 → 2025
Total assets
€3.01M▲ 4.3%
2024 · €2.89M
2019: €1.87M
2020: €2.42M
2021: €2.42M
2022: €2.45M
2023: €2.54M
2024: €2.89M
2019 → 2025
Net result
€188k▼ 49.3%
2024 · €371k
2019: €42k
2020: €24k
2021: €117k
2022: €122k
2023: €143k
2024: €371k
2019 → 2025
Working capital
€1.17M▲ 19.3%
2024 · €979k
2019: €134k
2020: €27k
2021: €69k
2022: €216k
2023: €387k
2024: €979k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.76M-€1.88M▲ 6.9%€2.02M▲ 7.5%€2.38M▲ 18.1%€2.56M▲ 7.5%
Operating result€163k-€175k▲ 7.3%€201k▲ 15.1%€489k▲ 143%€257k▼ 47.5%
Net result€117k-€122k▲ 4.2%€143k▲ 17.1%€371k▲ 159%€188k▼ 49.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 47% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.01M
Fixed assets
€1.69M ▼ 4.6%
Current assets
€1.32M ▲ 18.6%
Equity and liabilities €3.01M
Equity
€2.56M ▲ 7.5%
Provisions
€51k =
Debt
€396k ▼ 12.0%
Debt's share of the balance-sheet total falls from 15.6% to 13.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€348k▼
2024 · €580k
Cash flow
€279k▼
2024 · €461k
Current ratio
8.86▲
2024 · 8.44
Debt to equity
0.15▼
2024 · 0.19
ROE
7.3%▼
2024 · 15.6%
ROA
6.2%▼
2024 · 12.8%
Interest coverage
30.37▼
2024 · 42.56
Debt ≤ 1 year
€149k▲
2024 · €131k
Debt > 1 year
€247k▼
2024 · €318k
Income taxes
€82k▲
2024 · €68k
Staff costs
€95k▲
2024 · €87k
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 · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.89M€3.01M▲
Fixed assets21/28€1.78M€1.69M▼
Tangible fixed assets22/27€1.78M€1.69M▼
Land and buildings22€1.77M€1.68M▼
Furniture and vehicles24€3k€10k▲
Current assets29/58€1.11M€1.32M▲
Amounts receivable within one year40/41€52k€37k▼
Trade receivables40€45k€34k▼
Other amounts receivable41€6k€2k▼
Cash at bank and in hand54/58€1.04M€1.26M▲
Deferred charges and accrued income490/1€16k€17k▲
Equity and liabilities
Total equity and liabilities10/49€2.89M€3.01M▲
Equity10/15€2.38M€2.56M▲
Contributions10/11€1.25M€1.25M=
Capital10€1.25M€1.25M=
Issued capital100€1.25M€1.25M=
Reserves13€352k€597k▲
Non-distributable reserves130/1€60k€126k▲
Legal reserve130€60k€126k▲
Tax-exempt reserves132€165k€165k=
Distributable reserves133€127k€306k▲
Profit (loss) carried forward14€782k€716k▼
Provisions and deferred taxes16€51k€51k=
Deferred taxes168€51k€51k=
Amounts payable17/49€451k€396k▼
Amounts payable after more than one year17€318k€247k▼
Financial debts170/4€318k€247k▼
Amounts payable within one year42/48€131k€149k▲
Current portion of amounts payable after more than one year42€69k€71k▲
Trade debts44€20k€17k▼
Suppliers440/4€20k€17k▼
Taxes, remuneration and social security45€7k€22k▲
Taxes450/3€0€15k▲
Remuneration and social security454/9€7k€8k▲
Other amounts payable47/48€35k€38k▲
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Non-recurring operating income76A-€776
Remuneration, social security and pensions62€87k€95k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€91k€91k▲
Other operating charges640/8€17k€16k▼
Gross operating margin9900€684k€459k▼
Operating profit (loss)9901€489k€257k▼
Financial income75/76B€14k€25k▲
Recurring financial income75€14k€25k▲
Financial charges65/66B€14k€11k▼
Recurring financial charges65€14k€11k▼
Profit (loss) for the period before taxes9903€490k€270k▼
Transfer to deferred taxes680€51k€0▼
Income taxes67/77€68k€82k▲
Profit (loss) for the period9904€371k€188k▼
Transfer to tax-exempt reserves689€154k€0▼
Profit (loss) for the period to be appropriated9905€216k€188k▼
Appropriation of the result
Profit (loss) to be appropriated9906€799k€970k▲
Profit (loss) brought forward from the previous period14P€582k€782k▲
Transfer to equity691/2€11k€245k▲
To the legal reserve6920€11k€66k▲
To other reserves6921-€179k
Profit to be distributed694/7€6k€9k▲
Employees696€6k€9k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (10 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
22-09
State Gazette act
General meeting · Director reappointment
Permanent representative · Auditor appointment
21-08
State Gazette act
General meeting · Director resignation
Director discharge · Director reappointment
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
23-09
State Gazette act
General meeting · Director reappointment
Permanent representative · Director resignation
2024
09-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
19-08
State Gazette act
Board meeting · Director appointment
Permanent representative · Director resignation
30-06
Financial
Highest result since 2019net €371k ▲159%
Operating result €489k, net result €371k, both a record.
30-06
Financial
Liquidity doublescurrent ratio 8.44
Current ratio from 3.92 to 8.44; short-term debt falls from €133k to €131k.
21-05
State Gazette act
Board meeting · Director resignation
General meeting · Director appointment
2023
06-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
14-09
State Gazette act
General meeting · Director reappointment
Permanent representative · Auditor reappointment
30-06
Financial
Equity above €2MEq €2.02M ▲7.5%
5 profitable years in a row build equity to €2.02M.
Show earlier events
2022
07-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
27-07
State Gazette act
General meeting · Director reappointment
Permanent representative
2021
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-08
State Gazette act
General meeting · Director reappointment
Permanent representative
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
28-08
State Gazette act
Board meeting · Registered-office move
Power of attorney · General meeting
30-06
Financial
Weakest financial yearnet €24k ▼42.4%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
03-09
State Gazette act
Board meeting · Director appointment
Permanent representative · General meeting
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
14-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB 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, Gent · 1 establishment unit since 2014
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.
Industrieweg 1609030 GentGround area
6,698 m²
Building footprint
1,964 m²
Volume, LiDAR
1,425 m³
Parcel 44038A0046/00T000, Flanders · tallest building 6.2 m. Linked by address, not a title deed.
1 establishment unit
Vestima
since 20142.235.199.803
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44038A0046/00T000 | Flanders | 6,698 m² | 1 · 1,964 m² | 6.2 m |
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.
Structure & network
Connections & network
16 connected companiesLinked via shared directors
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Show 12 more companies with a shared director
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Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
Acquisitions and mergers
1 transactionTook over:BVBA CONSULT- EN MANAGEMENTVENNOOTSCHAP
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,407 EUR awarded · 1,407 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 48 EUR | 48 EUR |
| 2024 | 1 | 384 EUR | 384 EUR |
| 2022 | 1 | 975 EUR | 975 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 17,398 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 formPublic limited company
Founded02-09-2014
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
68203Renting and operating of own or leased non-residential real estate, excluding land
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.