LOONWERKEN VDC
ActiveSummary
LOONWERKEN VDC has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.10M and a net result of €110k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 72% of 1736 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+2
Solvency89▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 2.03 against 1.61 in 2024; short-term debt: 31.5% and cash: 43.6% of total assets), and 35.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.4%
Return on assets
6.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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
6 d late
2024
11 d late
2023
16 d late
2022
26 d early
2021
31 d late
2020
12 d early
2019
46 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.10M▲ 11.1%
2024 · €992k
2018: €531k
2019: €667k
2020: €735k
2021: €842k
2022: €896k
2023: €903k
2024: €992k
2018 → 2025
Total assets
€1.71M▲ 1.2%
2024 · €1.69M
2018: €1.10M
2019: €1.38M
2020: €1.79M
2021: €1.69M
2022: €1.57M
2023: €1.51M
2024: €1.69M
2018 → 2025
Net result
€110k▲ 22.9%
2024 · €89k
2018: €86k
2019: €136k
2020: €68k
2021: €107k
2022: €54k
2023: €92k
2024: €89k
2018 → 2025
Working capital
€554k▲ 54.5%
2024 · €359k
2018: €55k
2019: €46k
2020: €-125k
2021: €134k
2022: €88k
2023: €285k
2024: €359k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€842k-€896k▲ 6.4%€903k▲ 0.8%€992k▲ 9.9%€1.10M▲ 11.1%
Operating result€147k-€68k▼ 53.6%€145k▲ 112%€149k▲ 2.9%€182k▲ 21.5%
Net result€107k-€54k▼ 49.3%€92k▲ 69.6%€89k▼ 2.4%€110k▲ 22.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 21% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.71M
Fixed assets
€619k ▼ 17.2%
Current assets
€1.09M ▲ 15.7%
Equity and liabilities €1.71M
Equity
€1.10M ▲ 11.1%
Provisions
€3k ▼ 58.5%
Debt
€606k ▼ 12.4%
Debt's share of the balance-sheet total falls from 40.9% to 35.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€396k▲
2024 · €347k
Cash flow
€324k▲
2024 · €287k
Current ratio
2.03▲
2024 · 1.61
Quick ratio
2.03▲
2024 · 1.61
Debt to equity
0.55▼
2024 · 0.70
ROE
10.0%▲
2024 · 9.0%
ROA
6.4%▲
2024 · 5.3%
Interest coverage
13.26▲
2024 · 11.80
Debt ≤ 1 year
€538k▼
2024 · €586k
Debt > 1 year
€64k▼
2024 · €106k
Income taxes
€46k▲
2024 · €35k
Staff costs
€107k▼
2024 · €107k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.69M€1.71M▲
Fixed assets21/28€747k€619k▼
Tangible fixed assets22/27€746k€618k▼
Land and buildings22€126k€109k▼
Plant, machinery and equipment23€156k€167k▲
Furniture and vehicles24€464k€342k▼
Financial fixed assets28€605€605=
Current assets29/58€944k€1.09M▲
Stocks and contracts in progress3€2k€1k▼
Stocks30/36€2k€1k▼
Amounts receivable within one year40/41€184k€220k▲
Trade receivables40€184k€220k▲
Other amounts receivable41€41€35▼
Current investments50/53-€100k
Cash at bank and in hand54/58€732k€746k▲
Deferred charges and accrued income490/1€27k€25k▼
Equity and liabilities
Total equity and liabilities10/49€1.69M€1.71M▲
Equity10/15€992k€1.10M▲
Contributions10/11€19k€19k=
Reserves13€974k€1.08M▲
Tax-exempt reserves132€32k€16k▼
Distributable reserves133€942k€1.07M▲
Provisions and deferred taxes16€7k€3k▼
Deferred taxes168€7k€3k▼
Amounts payable17/49€692k€606k▼
Amounts payable after more than one year17€106k€64k▼
Financial debts170/4€106k€64k▼
Amounts payable within one year42/48€586k€538k▼
Current portion of amounts payable after more than one year42€71k€43k▼
Trade debts44€127k€76k▼
Suppliers440/4€127k€76k▼
Taxes, remuneration and social security45€44k€59k▲
Taxes450/3€34k€49k▲
Remuneration and social security454/9€10k€10k▲
Other amounts payable47/48€344k€361k▲
Accrued charges and deferred income492/3€12€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€107k€107k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€198k€214k▲
Other operating charges640/8€10k€10k▼
Gross operating margin9900€464k€512k▲
Operating profit (loss)9901€149k€182k▲
Financial income75/76B€459€70▼
Recurring financial income75€459€70▼
Financial charges65/66B€29k€30k▲
Recurring financial charges65€29k€30k▲
Profit (loss) for the period before taxes9903€121k€152k▲
Transfer from deferred taxes780€4k€4k=
Income taxes67/77€35k€46k▲
Profit (loss) for the period9904€89k€110k▲
Transfer from tax-exempt reserves789€15k€15k=
Profit (loss) for the period to be appropriated9905€105k€125k▲
Appropriation of the result
Profit (loss) to be appropriated9906€105k€125k▲
Transfer to equity691/2€105k€125k▲
To other reserves6921€105k€125k▲
Social balance
Average headcount (FTE)90873.53.6▲
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
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 6 days late
2025
31-12
Financial
Equity above €1MEq €1.10M ▲11.1%
8 profitable years in a row build equity to €1.10M.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 16 days late
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €54k ▼49.3%
Net result drops to €54k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 46 days late
2019
31-12
Financial
Highest result since 2018net €136k ▲58.1%
Net result €136k, the highest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Dentergem · 1 establishment unit since 2000
Ground area
693 m²
Building footprint
212 m²
Volume, LiDAR
1,153 m³
Parcel 37002D0455/00M000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Meulebekestraat(Den) 14, 8720 Dentergem
since 20002.099.851.743
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37002D0455/00M000 | Flanders | 693 m² | 1 · 212 m² | 8.5 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 2025 · 4 entries · 1,396 EUR awarded · 1,444 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 77 EUR | 77 EUR |
| 2024 | 1 | 829 EUR | 829 EUR |
| 2023 | 1 | 85 EUR | 133 EUR |
| 2022 | 1 | 405 EUR | 405 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteDentergem2.099.851.743
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Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 837 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-10-2000
Fiscal year end31-12
Activities, NACEBEL 2025
01610Support activities for crop production
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.