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HENK VANASSCHE

Active
Private limited companyfounded 199729 yrs activeKoning Boudewijnstraat 4, 8520 Kuurne, BelgiumKBO/BCE: BE 0460.499.481

HENK VANASSCHE has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €403k and a net result of €39k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 4564 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
81 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-7
Solvency99▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.5 against 17.24 in 2024; short-term debt: 26% and cash: 30.4% of total assets), and 26% 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 riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 29 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
74%
Return on assets
7.1%
Age of the figures
15 mo
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 28-08-2025, 156 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
156 d early
2024
42 d early
2023
66 d early
2022
43 d early
2021
40 d early
2020
59 d early
2019
32 d early
← before the deadline after the deadline →
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 months
Position in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€403k▲ 10.7%
2024 · €364k
2019: €222k 2020: €237k 2021: €256k 2022: €273k 2023: €314k 2024: €364k
2019 → 2025
Total assets
€544k▲ 42.9%
2024 · €381k
2019: €233k 2020: €255k 2021: €274k 2022: €297k 2023: €329k 2024: €381k
2019 → 2025
Net result
€39k▼ 21.3%
2024 · €49k
2019: €18k 2020: €25k 2021: €18k 2022: €32k 2023: €42k 2024: €49k
2019 → 2025
Working capital
€212k▼ 23.7%
2024 · €277k
2019: €140k 2020: €173k 2021: €188k 2022: €217k 2023: €266k 2024: €277k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€256k-€273k▲ 6.7%€314k▲ 15.3%€364k▲ 15.7%€403k▲ 10.7%
Operating result€23k-€40k▲ 71.4%€62k▲ 56.3%€74k▲ 18.5%€44k▼ 39.7%
Net result€18k-€32k▲ 75.0%€42k▲ 29.7%€49k▲ 18.4%€39k▼ 21.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €23k€23kNet result 2021: €18k€18kOperating result 2022: €40k€40kNet result 2022: €32k€32kOperating result 2023: €62k€62kNet result 2023: €42k€42kOperating result 2024: €74k€74kNet result 2024: €49k€49kOperating result 2025: €44k€44kNet result 2025: €39k€39k20212022202320242025
The operating result falls in 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €544k
Fixed assets €191k▲ 121%
Current assets €353k▲ 20.0%
Equity and liabilities €544k
Equity €403k▲ 10.7%
Debt €142k▲ 729%
The debt ratio rises from 4.5% to 26.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€55k
2024 · €84k
Cash flow
€49k
2024 · €60k
Solvency
74.0%
2024 · 95.5%
Current ratio
2.50
2024 · 17.24
Quick ratio
2.50
2024 · 17.24
Debt / equity
0.35
2024 · 0.05
ROE
9.7%
2024 · 13.6%
ROA
7.1%
2024 · 13.0%
Interest coverage
25.66
2024 · 37.19
Debt
€142k
2024 · €17k
Debt ≤ 1 year
€142k
2024 · €17k
Income taxes
€16k
2024 · €23k
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€381k€544k
Fixed assets21/28€86k€191k
Tangible fixed assets22/27€86k€191k
Land and buildings22€17k€14k
Plant, machinery and equipment23€1k€1k
Furniture and vehicles24€45k€155k
Leasing and similar rights25€23k€21k
Financial fixed assets28€210€210=
Current assets29/58€295k€353k
Amounts receivable within one year40/41€34k€36k
Trade receivables40€34k€16k
Other amounts receivable41-€20k
Current investments50/53€99k€151k
Cash at bank and in hand54/58€162k€165k
Equity and liabilities
Total equity and liabilities10/49€381k€544k
Equity10/15€364k€403k
Contributions10/11€19k€19k=
Reserves13€345k€384k
Tax-exempt reserves132€27k€27k=
Distributable reserves133€318k€357k
Amounts payable17/49€17k€142k
Amounts payable within one year42/48€17k€142k
Trade debts44€3k€141k
Suppliers440/4€3k€141k
Taxes, remuneration and social security45€9k-
Taxes450/3€9k-
Other amounts payable47/48€5k€1k
Income statement Code20242025
Non-recurring operating income76A€4k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-2k-
Other operating charges640/8€2k€2k
Gross operating margin9900€84k€57k
Operating profit (loss)9901€74k€44k
Financial income75/76B€1k€12k
Recurring financial income75€1k€12k
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€73k€55k
Income taxes67/77€23k€16k
Profit (loss) for the period9904€49k€39k
Profit (loss) for the period to be appropriated9905€49k€39k
Appropriation of the result
Profit (loss) to be appropriated9906€49k€39k
Transfer to equity691/2€49k€39k
To other reserves6921€49k€39k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
20-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Highest result since 2019net €49k ▲18.4%
Operating result €74k, net result €49k, both a record.
2023
26-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
19-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
22-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
03-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
30-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
27-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
19-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
24-01
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
3 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, Kuurne · 1 establishment unit since 1997
establishment The establishment unit on the map
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.

Koning Boudewijnstraat 48520 Kuurne
Ground area
766 m²
Building footprint
157 m²
Volume, LiDAR
938 m³
Parcel 34023B0550/00N005, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HENK VANASSCHE BV
Koning Boudewijnstraat 4, 8520 KuurneNACE 4520002
since 19972.082.050.659
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34023B0550/00N005 Flanders 766 m² 1 · 157 m² 10.9 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 2023 · 2 entries · 334 EUR awarded · 334 EUR paid
Year Entries awardedpaid
2023 1 126 EUR274 EUR
2022 1 208 EUR60 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 334 EUR · 334 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 12,607 companies in sector 49410 we hold annual accounts for 8,196. 5,514 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-04-1997
Fiscal year end30-06
Activities, NACEBEL
45211
49410Freight transport by road
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.