OLD VASTGOED
ActiveOLD VASTGOED has been active since 1965 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.16M and a net result of €-31k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 95% of 820 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+4
Solvency100=
Growth38=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290k at 30 days acceptable
short-term debt: 0.3% and cash: 2.1% of total assets, and 4.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
95.1%
Return on assets
-0.7%
Age of the figures
9 mo
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 d early
2024
108 d early
2023
92 d early
2022
119 d late
2021
26 d early
2020
32 d early
2019
43 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€15k▼ 78.6%
2021 · €70k
2020: €212k
2021: €70k
2020 → 2022
EBIT margin
-848.4%▼ 672.7pp
2021 · -175.7%
2020: -99.7%
2021: -175.7%
2020 → 2022
Net result
€-31k▲ 67.7%
2024 · €-96k
2018: €-981k
2019: €-316k
2020: €-180k
2021: €-93k
2022: €-96k
2023: €-889
2024: €-96k
2018 → 2025
Working capital
€4.34M▼ 2.3%
2024 · €4.44M
2018: €5.78M
2019: €5.76M
2020: €5.61M
2021: €5.52M
2022: €4.97M
2023: €4.95M
2024: €4.44M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€70k-€15k▼ 78.6%
Equity€4.38M-€4.28M▼ 2.2%€4.28M=€4.19M▼ 2.2%€4.16M▼ 0.7%
Operating result€-123k-€-127k▼ 3.4%€-35k▲ 72.7%€-50k▼ 44.2%€-85k▼ 69.5%
Net result€-93k-€-96k▼ 3.0%€-889▲ 99.1%€-96k▼ 10,737%€-31k▲ 67.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €85k in 2025 against €50k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.37M
Fixed assets
€18k▼ 70.0%
Current assets
€4.35M▼ 4.1%
Equity and liabilities €4.37M
Equity
€4.16M▼ 0.7%
Provisions
€200k▼ 35.6%
Debt
€15k▼ 85.2%
The debt ratio falls from 2.2% to 0.3%. Equity and debt are lower.
Key figures and ratios
Solvency
95.1%▲
2024 · 91.0%
Debt / equity
0.00▼
2024 · 0.02
ROE
-0.7%▲
2024 · -2.3%
ROA
-0.7%▲
2024 · -2.1%
Debt
€15k▼
2024 · €101k
Debt ≤ 1 year
€15k▼
2024 · €101k
A ratio outside any meaningful range has been withheld (balance sheet total €4.37M, equity €4.16M).
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€4.60M€4.37M▼
Fixed assets21/28€58k€18k▼
Financial fixed assets28€58k€18k▼
Other financial fixed assets284/8€58k€18k▼
Shares284€41k€28▼
Amounts receivable and cash guarantees285/8€18k€18k=
Current assets29/58€4.54M€4.35M▼
Amounts receivable within one year40/41€4.30M€4.26M▼
Trade receivables40€393k-
Other amounts receivable41€3.91M€4.26M▲
Cash at bank and in hand54/58€238k€93k▼
Equity and liabilities
Total equity and liabilities10/49€4.60M€4.37M▼
Equity10/15€4.19M€4.16M▼
Contributions10/11€25.12M€25.12M=
Capital10€25.12M€25.12M=
Issued capital100€25.12M€25.12M=
Reserves13€753k€753k=
Non-distributable reserves130/1€633k€633k=
Legal reserve130€633k€633k=
Distributable reserves133€120k€120k=
Profit (loss) carried forward14€-21.69M€-21.72M▼
Provisions and deferred taxes16€311k€200k▼
Provisions for liabilities and charges160/5€311k€200k▼
Other liabilities and charges164/5€311k€200k▼
Amounts payable17/49€101k€15k▼
Amounts payable within one year42/48€101k€15k▼
Trade debts44€101k€15k▼
Suppliers440/4€101k€15k▼
Income statement
Code20242025
Operating income70/76A€385k-
Other operating income74€385k-
Operating charges60/66A€435k€85k▼
Services and other goods61€869k€196k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-439k€-111k▲
Other operating charges640/8€5k-
Operating profit (loss)9901€-50k€-85k▼
Financial income75/76B€42k€55k▲
Recurring financial income75€42k€46k▲
Income from current assets751€42k€46k▲
Non-recurring financial income76B-€9k
Financial charges65/66B€88k€1k▼
Recurring financial charges65€5k€1k▼
Other financial charges652/9€5k€1k▼
Non-recurring financial charges66B€83k€32▼
Profit (loss) for the period before taxes9903€-96k€-31k▲
Profit (loss) for the period9904€-96k€-31k▲
Profit (loss) for the period to be appropriated9905€-96k€-31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21.69M€-21.72M▼
Profit (loss) brought forward from the previous period14P€-21.59M€-21.69M▼
The notes to these accounts (21 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
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity times 6current ratio 290.76
Current ratio from 44.94 to 290.76; short-term debt falls from €101k to €15k.
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 119 days late
2022
31-12
Financial
Liquidity times 118current ratio 401.14
Current ratio from 3.40 to 401.14; short-term debt falls from €2.30M to €12k.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 58 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2017
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
25-04-2017
BESIX infra Support NV: Resigned as Director
25-04-2017
VERHULST Bart: Resigned as Director
Location & real-estate footprint
Registered office, Lede · 1 establishment unit since 1965
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.
Grote Steenweg 519340 LedeGround area
2,093 m²
Building footprint
2,576 m²
Volume, LiDAR
13,554 m³
Parcel 41052E0385/00A002, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Grote Steenweg 51, 9340 Lede
since 19652.000.637.965
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41052E0385/00A002 | Flanders | 2,093 m² | 1 · 2,576 m² | 10.4 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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 2,289 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-11-1965
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.