GROEP VANGHELUWE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €3.57M and a net result of €159k. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 87% of 7980 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-09-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
3 d early
2023
2 d late
2022
15 d late
2021
5 d early
2020
3 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€3.57M▲ 4.6%
2024 · €3.41M
2019: €2.32M
2020: €2.39M
2021: €2.73M
2022: €3.12M
2023: €3.27M
2024: €3.41M
2019 → 2025
Net result
€159k▲ 5.8%
2024 · €150k
2019: €240k
2020: €72k
2021: €337k
2022: €385k
2023: €149k
2024: €150k
2019 → 2025
Total assets
€4.01M▲ 10.2%
2024 · €3.64M
2019: €2.67M
2020: €2.69M
2021: €3.04M
2022: €3.43M
2023: €3.58M
2024: €3.64M
2019 → 2025
Solvency
89.1%▼ 4.7pp
2024 · 93.9%
2019: 86.9%
2020: 89.1%
2021: 90.0%
2022: 90.8%
2023: 91.2%
2024: 93.9%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.73M-€3.12M▲ 14.1%€3.27M▲ 4.8%€3.41M▲ 4.6%€3.57M▲ 4.6%
Operating result€505k-€527k▲ 4.5%€218k▼ 58.6%€212k▼ 2.7%€230k▲ 8.1%
Net result€337k-€385k▲ 14.0%€149k▼ 61.3%€150k▲ 0.7%€159k▲ 5.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 8% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.01M
Fixed assets
€2.38M▼ 0.3%
Current assets
€1.63M▲ 30.2%
Equity and liabilities €4.01M
Equity
€3.57M▲ 4.6%
Debt
€436k▲ 95.5%
The debt ratio rises from 6.1% to 10.9%. Equity and debt are higher.
Key figures and ratios
Solvency
89.1%▼
2024 · 93.9%
ROE
4.4%▲
2024 · 4.4%
ROA
4.0%▼
2024 · 4.1%
Debt
€436k▲
2024 · €223k
Debt ≤ 1 year
€30k▲
2024 · €19k
Debt > 1 year
€379k▲
2024 · €204k
Income taxes
€69k▲
2024 · €63k
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€3.64M€4.01M▲
Fixed assets21/28€2.39M€2.38M▼
Tangible fixed assets22/27€89k€82k▼
Furniture and vehicles24-€1k
Other tangible fixed assets26€89k€81k▼
Financial fixed assets28€2.30M€2.30M=
Current assets29/58€1.25M€1.63M▲
Amounts receivable within one year40/41€72k€35k▼
Other amounts receivable41€72k€35k▼
Current investments50/53€1.12M€1.52M▲
Cash at bank and in hand54/58€59k€68k▲
Deferred charges and accrued income490/1€657€6k▲
Equity and liabilities
Total equity and liabilities10/49€3.64M€4.01M▲
Equity10/15€3.41M€3.57M▲
Contributions10/11€869k€869k=
Reserves13€2.16M€2.32M▲
Distributable reserves133€2.16M€2.32M▲
Profit (loss) carried forward14€385k€385k=
Amounts payable17/49€223k€436k▲
Amounts payable after more than one year17€204k€379k▲
Other amounts payable178/9€204k€379k▲
Amounts payable within one year42/48€19k€30k▲
Trade debts44€63€2k▲
Suppliers440/4€63€2k▲
Taxes, remuneration and social security45€19k€28k▲
Taxes450/3€19k€28k▲
Accrued charges and deferred income492/3-€27k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€386€8k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€216k€241k▲
Operating profit (loss)9901€212k€230k▲
Financial income75/76B€15k€26k▲
Recurring financial income75€15k€26k▲
Financial charges65/66B€14k€27k▲
Recurring financial charges65€14k€27k▲
Profit (loss) for the period before taxes9903€213k€228k▲
Income taxes67/77€63k€69k▲
Profit (loss) for the period9904€150k€159k▲
Profit (loss) for the period to be appropriated9905€150k€159k▲
Appropriation of the result
Profit (loss) to be appropriated9906€535k€543k▲
Profit (loss) brought forward from the previous period14P€385k€385k=
Transfer to equity691/2€150k€159k▲
To other reserves6921€150k€159k▲
The notes to these accounts (6 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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Liquidity quadruplescurrent ratio 66.62
Current ratio from 18.86 to 66.62; short-term debt falls from €67k to €19k.
2023
02-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2022
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
31-03
Financial
Highest result since 2019net €385k ▲14%
Operating result €527k, net result €385k, both a record.
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €72k ▼69.9%
Net result drops to €72k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity triplescurrent ratio 15.91
Current ratio from 5.18 to 15.91; short-term debt falls from €53k to €19k.
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
20-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Izegem
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.
Burgemeester Vandenbogaerdelaan 378870 IzegemGround area
139 m²
Building footprint
139 m²
Volume, LiDAR
1,042 m³
Parcel 36494D1127/00C005, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D1127/00C005 | Flanders | 139 m² | 1 · 139 m² | 13.7 m · 3 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
Legal Entity Identifier
254900HXNW7GJQXUVY98
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,747. 9,163 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2013
Fiscal year end31-03
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@groep-vangheluwe.be