Het Vroonhof is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €6.76M and a net result of €2.90M. Equity is growing by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 38% of 6156 sector peers (fiscal year 2024). The company has been active since 1988 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
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
68 d late
2022
70 d late
2021
43 d late
2020
19 d late
2019
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€6.76M▲ 75.1%
2023 · €3.86M
2018: €1.59M
2019: €1.59M
2020: €1.66M
2021: €1.66M
2022: €4.51M
2023: €3.86M
2018 → 2024
Net result
€2.90M
2023 · €-653k
2018: €-4k
2019: €-81
2020: €70k
2021: €-7k
2022: €855k
2023: €-653k
2018 → 2024
Total assets
€17.31M▲ 87.4%
2023 · €9.24M
2018: €2.37M
2019: €2.37M
2020: €2.45M
2021: €7.53M
2022: €9.16M
2023: €9.24M
2018 → 2024
Solvency
39.1%▼ 2.7pp
2023 · 41.8%
2018: 67.4%
2019: 67.3%
2020: 68.0%
2021: 22.0%
2022: 49.3%
2023: 41.8%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.66M-€1.66M▼ 0.4%€4.51M▲ 172%€3.86M▼ 14.5%€6.76M▲ 75.1%
Operating result€-5k-€-3k▲ 43.3%€-16k▼ 437%€-94k▼ 501%€-116k▼ 23.4%
Net result€70k-€-7k€855k€-653k€2.90M
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €116k in 2024 against €94k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17.31M
Fixed assets
€13.41M▲ 121%
Current assets
€3.90M▲ 22.7%
Equity and liabilities €17.31M
Equity
€6.76M▲ 75.1%
Debt
€10.55M▲ 96.2%
The debt ratio rises from 58.2% to 60.9%. Equity and debt are higher.
Key figures and ratios
Solvency
39.1%▼
2023 · 41.8%
ROE
42.9%▲
2023 · -16.9%
ROA
16.8%▲
2023 · -7.1%
Debt
€10.55M▲
2023 · €5.38M
Debt ≤ 1 year
€7.18M▲
2023 · €2.28M
Debt > 1 year
€3.30M▲
2023 · €3.05M
Income taxes
€174▲
2023 · €132
Staff costs
€220k▼
2023 · €229k
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€9.24M€17.31M▲
Fixed assets21/28€6.06M€13.41M▲
Tangible fixed assets22/27€39k€32k▼
Furniture and vehicles24€31k€31k▼
Other tangible fixed assets26€8k€1k▼
Financial fixed assets28€6.02M€13.38M▲
Current assets29/58€3.18M€3.90M▲
Amounts receivable after more than one year29€2.13M€1.28M▼
Other amounts receivable291€2.13M€1.28M▼
Amounts receivable within one year40/41€836k€2.21M▲
Trade receivables40€236k€113k▼
Other amounts receivable41€600k€2.10M▲
Cash at bank and in hand54/58€4k€248k▲
Deferred charges and accrued income490/1€206k€153k▼
Equity and liabilities
Total equity and liabilities10/49€9.24M€17.31M▲
Equity10/15€3.86M€6.76M▲
Contributions10/11€2.10M€2.10M=
Reserves13€1.76M€4.66M▲
Tax-exempt reserves132€5k€5k=
Distributable reserves133€1.76M€4.66M▲
Profit (loss) carried forward14-€528
Amounts payable17/49€5.38M€10.55M▲
Amounts payable after more than one year17€3.05M€3.30M▲
Financial debts170/4€3.05M€3.30M▲
Amounts payable within one year42/48€2.28M€7.18M▲
Current portion of amounts payable after more than one year42-€50k
Trade debts44€100k€31k▼
Suppliers440/4€100k€31k▼
Taxes, remuneration and social security45€51k€45k▼
Taxes450/3€19k€17k▼
Remuneration and social security454/9€31k€28k▼
Other amounts payable47/48€2.13M€7.06M▲
Accrued charges and deferred income492/3€45k€65k▲
Income statement
Code20232024
Remuneration, social security and pensions62€229k€220k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€8k-
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€2k€940▼
Gross operating margin9900€159k€118k▼
Operating profit (loss)9901€-94k€-116k▼
Financial income75/76B€206k€3.75M▲
Recurring financial income75€206k€951k▲
Non-recurring financial income76B-€2.80M
Financial charges65/66B€764k€737k▼
Recurring financial charges65€64k€68k▲
Non-recurring financial charges66B€700k€669k▼
Profit (loss) for the period before taxes9903€-652k€2.90M▲
Income taxes67/77€132€174▲
Profit (loss) for the period9904€-653k€2.90M▲
Profit (loss) for the period to be appropriated9905€-653k€2.90M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-652k€2.90M▲
Profit (loss) brought forward from the previous period14P€353-
Transfer from equity791/2€652k-
Transfer to equity691/2-€2.90M
To other reserves6921-€2.90M
Social balance
Average headcount (FTE)90873.33.3=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 57 days late
2024
31-12
Financial
Back to profitnet €2.90M
Net result €2.90M after one loss-making year.
31-12
Financial
Equity above €5MEq €6.76M ▲75.1%
Equity rises from €3.86M to €6.76M.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet €-653k ▼176%
Net result drops to €-653k, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
2022
31-12
Financial
Back to profitnet €855k
Net result €855k after one loss-making year.
31-12
Financial
Liquidity times 14current ratio 2.44
Current ratio from 0.18 to 2.44; short-term debt falls from €3.46M to €1.57M.
31-12
Financial
Equity above €2MEq €4.51M ▲172%
Equity rises from €1.66M to €4.51M.
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 43 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
31-12
Financial
Back to profitnet €70k
Net result €70k after 2 loss-making years.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 17 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 16 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · 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, Gent · 1 establishment unit since 1988
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.
Waterlelielaan 19032 GentGround area
5,728 m²
Building footprint
268 m²
Parcel 44074C0050/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
Het Vroonhof
since 19882.041.153.974
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44074C0050/00H000 | Flanders | 5,728 m² | 1 · 268 m² | - |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 7,203 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-1988
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 36 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.