DE VLASCHAARD
ActiveDE VLASCHAARD has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €204k and a net result of €66k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 84% of 13091 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+2
Solvency96▲+21
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 1.25 in 2024; short-term debt: 28.2% and cash: 31.8% of total assets), and 28.9% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
71.1%
Return on assets
22.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
57 d early
2023
43 d early
2022
54 d early
2021
52 d early
2020
60 d early
2019
39 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€204k▲ 23.8%
2024 · €165k
2018: €240k
2019: €246k
2020: €184k
2021: €201k
2022: €198k
2023: €187k
2024: €165k
2018 → 2025
Total assets
€288k▼ 12.1%
2024 · €327k
2018: €294k
2019: €294k
2020: €233k
2021: €265k
2022: €269k
2023: €271k
2024: €327k
2018 → 2025
Net result
€66k▼ 4.8%
2024 · €69k
2018: €25k
2019: €6k
2020: €-62k
2021: €18k
2022: €-4k
2023: €-11k
2024: €69k
2018 → 2025
Working capital
€86k▲ 114%
2024 · €40k
2018: €23k
2019: €42k
2020: €-24k
2021: €18k
2022: €42k
2023: €52k
2024: €40k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€201k-€198k▼ 1.9%€187k▼ 5.5%€165k▼ 11.6%€204k▲ 23.8%
Operating result€19k-€814▼ 95.6%€-10k€76k€81k▲ 6.2%
Net result€18k-€-4k€-11k▼ 189%€69k€66k▼ 4.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €288k
Fixed assets
€121k▼ 4.2%
Current assets
€167k▼ 17.1%
Equity and liabilities €288k
Equity
€204k▲ 23.8%
Debt
€83k▼ 48.7%
The debt ratio falls from 49.5% to 28.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€110k▲
2024 · €108k
Cash flow
€95k▼
2024 · €102k
Solvency
71.1%▲
2024 · 50.5%
Current ratio
2.06▲
2024 · 1.25
Quick ratio
1.98▲
2024 · 1.20
Debt / equity
0.41▼
2024 · 0.98
ROE
32.2%▼
2024 · 42.0%
ROA
22.9%▲
2024 · 21.2%
Interest coverage
525.84▲
2024 · 195.40
Debt
€83k▼
2024 · €162k
Debt ≤ 1 year
€81k▼
2024 · €161k
Income taxes
€14k▲
2024 · €6k
Staff costs
€287k▼
2024 · €292k
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€327k€288k▼
Fixed assets21/28€126k€121k▼
Tangible fixed assets22/27€126k€121k▼
Land and buildings22€104k€86k▼
Plant, machinery and equipment23€13k€12k▼
Furniture and vehicles24€9k€23k▲
Current assets29/58€201k€167k▼
Stocks and contracts in progress3€8k€7k▼
Stocks30/36€8k€7k▼
Amounts receivable within one year40/41€59k€69k▲
Trade receivables40€57k€66k▲
Other amounts receivable41€2k€2k=
Cash at bank and in hand54/58€128k€91k▼
Deferred charges and accrued income490/1€7k€68▼
Equity and liabilities
Total equity and liabilities10/49€327k€288k▼
Equity10/15€165k€204k▲
Contributions10/11€19k€19k=
Reserves13€146k€186k▲
Distributable reserves133€146k€186k▲
Amounts payable17/49€162k€83k▼
Amounts payable within one year42/48€161k€81k▼
Trade debts44€13k€16k▲
Suppliers440/4€13k€16k▲
Taxes, remuneration and social security45€36k€38k▲
Taxes450/3€8k€11k▲
Remuneration and social security454/9€29k€27k▼
Other amounts payable47/48€112k€27k▼
Accrued charges and deferred income492/3€970€2k▲
Income statement
Code20242025
Non-recurring operating income76A€872-
Remuneration, social security and pensions62€292k€287k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€29k▼
Other operating charges640/8€15k€15k▲
Non-recurring operating charges66A-€8k
Gross operating margin9900€415k€420k▲
Operating profit (loss)9901€76k€81k▲
Financial income75/76B€35€51▲
Recurring financial income75€35€51▲
Financial charges65/66B€554€209▼
Recurring financial charges65€554€209▼
Profit (loss) for the period before taxes9903€75k€80k▲
Income taxes67/77€6k€14k▲
Profit (loss) for the period9904€69k€66k▼
Profit (loss) for the period to be appropriated9905€69k€66k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€66k▼
Transfer from equity791/2€91k€27k▼
Transfer to equity691/2€69k€66k▼
To other reserves6921€69k€66k▼
Profit to be distributed694/7€91k€27k▼
Return on contributions (dividend)694€91k€27k▼
The notes to these accounts (7 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200kEq €204k ▲23.8%
2 profitable years in a row build equity to €204k.
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €69k
Net result €69k after 2 loss-making years.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.31
Current ratio from 0.45 to 1.31.
31-12
Financial
Equity above €200kEq €201k ▲9.7%
Equity rises from €184k to €201k.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-62k ▼1180%
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
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
4 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, Hulshout · 1 establishment unit since 1997
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.
Seysheistraat 222235 HulshoutGround area
2,104 m²
Building footprint
982 m²
Volume, LiDAR
5,613 m³
Parcel 13016B0044/00V000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE VLASCHAARD
since 19972.032.154.156
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13016B0044/00V000 | Flanders | 2,103 m² | 1 · 982 m² | 9.0 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHulshout2.032.154.156
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 8,497 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-1987
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 38 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.