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VAUBAN

Active
Public limited companyfounded 2011active for 15 yearsHertogsstraat 47-49, 1000 Brussel, BelgiumKBO/BCE: BE 0838.114.246
Summary

VAUBAN has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.7m and a net result of €304,449. Equity has been stable since 2018 (±0.4% per year). Its solvency ranks better than 76% of 5,796 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 26-07-2011 Normal situation
Activity
Buying and selling of own real estate NACE 68110and 1 other
Establishment unit
2.202.187.238 1000 Brussel, since 01-09-2011
Financial year end
31 December
Peppol
Reachable since 20-12-2025

Board and ownership

Board
  • HANNECART GaëtanManaging director
  • Hannecart LouiseDirector · since 17-06-2021
  • NIMMOBODirector · since 15-06-2023 · permanent representative VANDE VYVERE Benedicte
and 1 other
Shareholders
  • NIMMOBO· score 782025 annual accounts of NIMMOBO
Holdings
Shares in 1 company Vauban Maritime SARL

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€533,067
▼ 30.9%
Turnover
≈ €950,000
estimated
Profit
€304,449
▼ 47.3%
Equity
€7.7m
▼ 0.6%
Total assets
€10.5m
▲ 21.2%
Score breakdownraises riskLiquidity: current ratio 1.85, cash €58,156lowers riskSize: total assets €10.5mFigures for financial year 2025 (filed on 01-08-2026)Legal form: public limited companyShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of medium-sized companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 98-2
equity 73.2% of total assets
Liquidity 40-10
short-term debt 26.8% · cash 0.6%
Profitability 72-5
return on assets 2.9%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,720 companies, NACE 68, medium-sized)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €700,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.85 (3.41 in 2024), above the usual 1.5. Short-term debt is 26.8% and cash 0.6% of total assets. 26.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, medium-sized). It does better than 84% of them on solvency, 32% on liquidity, 83% on profitability and 38% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €10.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.85, cash €58,156
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 01-08-2026)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
41 days early
2023
5 days early
2022
on the day
2021
11 days early
2020
3 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €577,676 to €304,449 ▼ 47.3% View
  • Positive: More equity than 84% of companies in real estatesector median €944,193 · 5,797 companies €7.7m View
  • Positive: 8 profitable years in a rowprofit 2025: €304,449 8 years View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View

Recent changes

  1. · Gazette deed Resignation: Clémence Hannecart (director)Appointment: Imara BV (director)
  2. · Gazette deed Reappointments: HANNECART Gaëtan (director) and NIMMOBO (director)Permanent representative: VANDE VYVERE Benedicte
  3. · Gazette deed Reappointments: Gaëtan Hannecart (director) and Nimmobo NV (director)Permanent representative: Bénédicte Vande Vyvere · Appointment: Gaëtan Hannecart (managing director)
All 16 events

Comparable companies

These companies have the same main activity as VAUBAN: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €8.7m and €11m, founded between 2010 and 2013.

CompanyTotal assetsGross margin
VAUBAN Brussel€10.5m€0.5m
Botarogiercenter Elsene€10.4m€0.6m
SAPI Aalter€10.3m€0.5m
DE WIJNGAARD INVEST Pittem€10.1m€0.6m
SL PROJECT&INVEST Hamont-Achel€9.4m€0.4m
VACA IMMO Beveren-Kruibeke-Zwijndrecht€8.7m€0.5m
Novobric Sint-Katelijne-Waver€10.8m€0.8m
Full comparison

Key facts about VAUBAN

What is the company number of VAUBAN?
The company number of VAUBAN is 0838.114.246. The VAT number is the same number with BE in front: BE 0838.114.246.
Where is VAUBAN based?
The registered office is at Hertogsstraat 47-49, 1000 Brussel.Company details
What does VAUBAN do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of VAUBAN?
The legal form of VAUBAN is Public limited company (NV).
When was VAUBAN founded?
VAUBAN was founded on 26-07-2011.
Is VAUBAN still active?
Yes, VAUBAN is an active enterprise in the KBO register.
What is the turnover of VAUBAN?
The turnover in financial year 2025 is ≈ €950,000. This figure is estimated from the gross margin of €533,067 and 42 comparable companies (NACE 681). It probably lies between €720,000 and €1.6m.Financials
Is VAUBAN profitable?
In financial year 2025, VAUBAN made a profit of €304,449.
Where can I find the annual accounts of VAUBAN?
VAUBAN filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VAUBAN due?
VAUBAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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