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Complete company report
Generated 14-08-2026
Active BE 0463.788.078Public limited company

IMMO VANGEEL

Hasseltsebaan 190 ·3940 Hechtel-Eksel, Belgium· 28 yrs active
Sector: Handel in eigen onroerend goed (68110)
Conclusion Checked

The computed 12-month bankruptcy probability of IMMO VANGEEL is 0.2% (very low). The 2025 annual accounts show equity of €12.07M and a net result of €-31k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 1339 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €12.07M
Net result €-31k
Better than sector 95%
Active 28 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health78Profitability0Solvency100Growth52Stability100
66 / 100

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 78
Profitability 0
Solvency 100
Growth 52
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.2% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Long track record −Multiple establishment units +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1998, 28 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2025 · computed
78 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 07-01-2026 with the NBB · fiscal year 2025 · micro
€-500k€0€500k€1.00MOperating result 2021: €-172k€-172kNet result 2021: €950k€950kOperating result 2022: €-66k€-66kNet result 2022: €-211k€-211kOperating result 2023: €-158k€-158kNet result 2023: €-117k€-117kOperating result 2024: €-273k€-273kNet result 2024: €-152k€-152kOperating result 2025: €-167k€-167kNet result 2025: €-31k€-31k20212022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~11.5%/year over 7 fiscal years, indicative, assuming unchanged policy.
€0€10.00M€20.00M2026: €15.06M (€12.18M - €17.94M)2027: €16.45M (€11.84M - €21.06M)2028: €17.84M (€11.51M - €24.18M)2019: €5.33M2020: €4.47M2021: €4.05M2022: €12.51M2023: €12.41M2024: €12.28M2025: €12.07M2019202020212022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 97.2% 22.9%
better than 95% of 1339 sector peers
Net result €-31k €10k
better than 9% of 1337 sector peers
Equity €12.07M €44k
better than 95% of 1340 sector peers
Gross operating margin €364k €39k
better than 95% of 1337 sector peers
Total assets €12.42M €291k
better than 95% of 1339 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€342k
+28.8% 19-25
Net profit
€-31k
+79.3% 19-25
Cash flow
€477k
+23.5% 19-25
Total assets
€12.42M
-1.1% 19-25
Equity
€12.07M
-1.7% 19-25
Working capital
€6.50M
+2.1% 19-25
Employees (FTE)
7
+7.4% 19-25
Income taxes
€27k
-88.6% 19-25
Dividends
€179k
- 19-25
Debt
€350k
+25.6% 19-25
Debt ≤ 1y
€308k
+71.4% 19-25
Debt > 1y
€33k
-47.1% 19-25
Current ratio
22.10
-39.3% 19-25
Quick ratio
21.84
-39.3% 19-25
Solvency
97.2%
-0.6% 19-25
Debt / equity
0.03
+27.8% 19-25
ROE
-0.3%
+78.9% 19-25
ROA
-0.3%
+79.1% 19-25
Interest coverage
75.77
+640.5% 19-25
Figures by fiscal year
Fiscal year2025
Depositmicro
Revenue-
EBITDA€342k
Net profit€-31k
Cash flow€477k
Staff costs-
Income taxes-
Dividends€179k
Total assets€12.42M
Equity€12.07M
Debt€350k
of which ≤ 1y€308k
of which > 1y€33k
Working capital€6.50M
Employees (FTE)-
Ratios (computed)
2025
Current ratio22.10
Quick ratio21.84
Working capital ratio52.3%
Solvency97.2%
Debt / equity0.03
Long-term debt ratio0.00
Interest coverage75.77
Gross margin-
Net margin-
ROA-0.3%
ROE-0.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€12.42M
Fixed assets 21/28€5.61M
Intangible fixed assets 21€662k
Tangible fixed assets 22/27€4.95M
Financial fixed assets 28€350
Current assets 29/58€6.81M
Stocks & contracts in progress 3€80k
Amounts receivable within one year 40/41€156k
Investments 50/53€5.83M
Cash & bank 54/58€718k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€12.42M
Equity 10/15€12.07M
Contributions / capital 10/11€8.66M
Reserves 13€3.25M
Amounts payable 17/49€350k
Amounts payable after one year 17€33k
Amounts payable within one year 42/48€308k
Trade debts payable within one year 44€15k
Income statement
Gross operating margin 9900€364k
Operating result 9901€-167k
Financial income 75€135k
Financial charges 65€5k
Result before taxes 9903€-31k
Net result for the period 9904€-31k
Result to be appropriated 9905€-31k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Handel in eigen onroerend goed(68110)
Legal form Public limited company(014)
Incorporation09-07-1998
StatusActive
Postal code3940
Establishment units 2 locations
R.P.T.
Hasseltsebaan 190, 3940 Hechtel-EkselOntwikkeling van residentiële bouwprojecten
since 19982.087.669.731
AGRO VANGEEL
Sint Bernardusstraat 23, 3940 Hechtel-EkselTeelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden
since 20212.320.605.630
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72013E0004/00C005 Flanders 4,670 m² 1 · 6,412 m² 8.3 m · 2 fl.
72006D0610/00F000 Flanders 1,584 m² 1 · 282 m² 8.4 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
07-01-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2024
18-12-2024
NBB filing Annual accounts filed
fiscal year 2024 · micro
25-01-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2022
21-12-2022
NBB filing Annual accounts filed
fiscal year 2022 · verkort
29-06-2022
State Gazette act Registered-office change
Cynthia Van Aenrode
14-01-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
13-01-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
15-01-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2018
21-12-2018
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2017
22-12-2017
NBB filing Annual accounts filed
fiscal year 2017 · verkort
05-01-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
Belgisch Staatsblad, acts 1 acts
Address history · 1
29-06-2022
Registered-office move
All acts · 1 updated 4 years ago
2022
29-06-2022 Registered office moved from Hechtel-Eksel to Hechtel – Eksel Registered-office change·Cynthia Van Aenrode
  • Hasseltsebaan 190 : 3940 Hechtel-Eksel → 3940 Hechtel – Eksel, Hasseltsebaan 190, hal 1.
Notary: Cynthia Van Aenrode · Genk
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "3940 Hechtel \u2013 Eksel, Hasseltsebaan 190, hal 1.",
        "city": "Hechtel \u2013 Eksel",
        "region": "vlaams_gewest",
        "street": "Hasseltsebaan",
        "country": "BE",
        "postcode": "3940",
        "box_number": "1",
        "street_number": "190",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Hasseltsebaan 190 : 3940 Hechtel-Eksel",
        "city": "Hechtel-Eksel",
        "region": "vlaams_gewest",
        "street": "Hasseltsebaan",
        "country": "BE",
        "postcode": "3940",
        "box_number": null,
        "street_number": "190",
        "locality_suffix": null
      },
      "effective_date": null,
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": false,
      "nationality_change": null,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": null,
      "statutaire_vs_werkelijke": "werkelijke",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": null
    }
  ],
  "notary": {
    "name": "Cynthia Van Aenrode",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Genk",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-06-29",
    "filing_date": "2022-06-27",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2022-06-24",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0463.788.078",
    "name_full": "IMMO VANGEEL",
    "legal_form": "NV"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": "0779.313.638",
    "org_name": "A.B.M. ACCOUNTANTSASSOCIATIE",
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "Expeditie van het proces-verbaal van de buitengewone algemene vergadering",
    "Geco\u00F6rdineerde statuten"
  ]
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Teelt van andere eenjarige gewassen, n.e.g.01199Teelt van andere eenjarige gewassen, neg01199Teelt van andere meerjarige gewassen01290Teelt van andere meerjarige gewassen01290Ondersteunende activiteiten in verband met de teelt van gewassen01610Ondersteunende activiteiten in verband met de teelt van gewassen01610Vervaardiging van andere producten van kunststof22260Vervaardiging van andere producten van kunststof22290Vervaardiging van vormkasten en gietvormen25631Vervaardiging van gereedschap, muv vormkasten en gietvormen25639Vervaardiging van vormkasten en gietvormen25731Vervaardiging van gereedschap, m.u.v. vormkasten en gietvormen25739Ontwikkeling van residentiële bouwprojecten41101Handelsbemiddeling in landbouwproducten, levende dieren en textielgrondstoffen en halffabrikaten46110Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten46110Groothandel in levend vee46231Groothandel in levend vee46231Groothandel in machines, werktuigen en toebehoren voor de landbouw46610Groothandel in machines, werktuigen en toebehoren voor de landbouw46610Ontwikkeling van residentiële bouwprojecten68121Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201
Primary activity highlighted.
Names & trade names
Legal nameNL IMMO VANGEEL
Trade nameNL AGRO VANGEEL en/of R.P.T.
Registered office
Hasseltsebaan 190 bus hal 1
3940 Hechtel-Eksel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative