Firma Vanquaille
ActiveFirma Vanquaille has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €606k and a net result of €24k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 79% of 7446 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability53▼-6
Solvency94=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.63 against 2.7 in 2023; short-term debt: 30.5% and cash: 61.7% of total assets), and 30.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2024Solvency, return and age of the figures
Solvency
69.3%
Return on assets
2.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
36 d early
2022
31 d early
2021
24 d early
2020
23 d early
2019
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€606k▲ 0.7%
2023 · €602k
2018: €597k
2019: €618k
2020: €656k
2021: €664k
2022: €616k
2023: €602k
2018 → 2024
Total assets
€875k▼ 0.4%
2023 · €878k
2018: €801k
2019: €780k
2020: €858k
2021: €879k
2022: €827k
2023: €878k
2018 → 2024
Net result
€24k▲ 420%
2023 · €5k
2018: €21k
2019: €20k
2020: €61k
2021: €42k
2022: €7k
2023: €5k
2018 → 2024
Working capital
€436k▼ 6.1%
2023 · €464k
2018: €361k
2019: €397k
2020: €437k
2021: €479k
2022: €452k
2023: €464k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€656k-€664k▲ 1.1%€616k▼ 7.1%€602k▼ 2.3%€606k▲ 0.7%
Operating result€92k-€66k▼ 28.5%€15k▼ 76.8%€18k▲ 18.1%€51k▲ 186%
Net result€61k-€42k▼ 30.5%€7k▼ 84.4%€5k▼ 29.1%€24k▲ 420%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 186% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €875k
Fixed assets
€172k▲ 22.8%
Current assets
€702k▼ 4.7%
Equity and liabilities €875k
Equity
€606k▲ 0.7%
Debt
€268k▼ 2.6%
The debt ratio falls from 31.4% to 30.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€66k▲
2023 · €46k
Cash flow
€39k▲
2023 · €33k
Solvency
69.3%▲
2023 · 68.6%
Current ratio
2.63▼
2023 · 2.70
Quick ratio
2.19▲
2023 · 2.14
Debt / equity
0.44▼
2023 · 0.46
ROE
4.0%▲
2023 · 0.8%
ROA
2.8%▲
2023 · 0.5%
Interest coverage
3.72▼
2023 · 4.69
Debt
€268k▼
2023 · €276k
Debt ≤ 1 year
€267k▼
2023 · €274k
Income taxes
€10k▲
2023 · €4k
Staff costs
€264k▼
2023 · €284k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€878k€875k▼
Fixed assets21/28€140k€172k▲
Tangible fixed assets22/27€140k€172k▲
Land and buildings22€124k€158k▲
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24€13k€13k▲
Financial fixed assets28-€380
Current assets29/58€737k€702k▼
Stocks and contracts in progress3€151k€118k▼
Stocks30/36€151k€118k▼
Amounts receivable within one year40/41€114k€45k▼
Trade receivables40€108k€29k▼
Other amounts receivable41€6k€16k▲
Current investments50/53€303k€0▼
Cash at bank and in hand54/58€169k€539k▲
Equity and liabilities
Total equity and liabilities10/49€878k€875k▼
Equity10/15€602k€606k▲
Contributions10/11€50k€50k=
Reserves13€552k€556k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€552k€556k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€276k€268k▼
Amounts payable within one year42/48€274k€267k▼
Trade debts44€39k€3k▼
Suppliers440/4€39k€3k▼
Advances received on contracts in progress46€4k€3k▼
Taxes, remuneration and social security45€16k€7k▼
Taxes450/3€16k€7k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€214k€254k▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€284k€264k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€15k▼
Other operating charges640/8€8k€6k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€338k€337k▼
Operating profit (loss)9901€18k€51k▲
Financial income75/76B€606€1k▲
Recurring financial income75€606€1k▲
Financial charges65/66B€10k€18k▲
Recurring financial charges65€10k€18k▲
Profit (loss) for the period before taxes9903€9k€35k▲
Income taxes67/77€4k€10k▲
Profit (loss) for the period9904€5k€24k▲
Profit (loss) for the period to be appropriated9905€5k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€24k▲
Transfer from equity791/2€19k€20k▲
Transfer to equity691/2€5k€24k▲
To the legal reserve6920€5k€0▼
To other reserves6921-€24k
Profit to be distributed694/7€19k€20k▲
Return on contributions (dividend)694€19k€20k▲
Social balance
Average headcount (FTE)90875.65.6=
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
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €5k ▼29.1%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €61k ▲200%
Operating result €92k, net result €61k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 25 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gavere · 1 establishment unit since 1977
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.
Baaigemstraat 3459890 GavereGround area
651 m²
Building footprint
227 m²
Volume, LiDAR
1,241 m³
Parcel 44005A0609/00R000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Baaigemstraat 345, 9890 Gavere
since 19772.013.178.481
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44005A0609/00R000 | Flanders | 651 m² | 1 · 227 m² | 11.0 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 1,475 EUR awarded · 1,138 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 322 EUR | 322 EUR |
| 2023 | 1 | 372 EUR | 372 EUR |
| 2022 | 1 | 781 EUR | 444 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
DASCRO
BE 0477.661.751
Haacht · Eq €606k
TOITURES MARC THELEN
BE 0843.726.982
Plombières · Eq €605k
LOEMCO
BE 1001.296.257
Kortrijk · Eq €605k
DAKWERKEN VERELST HERMAN
BE 0894.309.514
Vorselaar · Eq €604k
De Pelsemaeker
BE 0894.097.894
Gent · Eq €604k
Of 8,563 companies in sector 43410 we hold annual accounts for 4,355. 2,648 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-01-1977
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
45220
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.