S.A. VANHOUDT
ActiveSummary
S.A. VANHOUDT has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €270k and a net result of €-45k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 73% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-9
Solvency94▲+3
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.16 in 2024; short-term debt: 31.1% and cash: 3.8% of total assets), and 31.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-45k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
on the day
2023
30 d late
2022
12 d early
2021
4 d early
2020
28 d late
2019
56 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-45k▼ 121%
2024 · €-21k
2018: €23k
2019: €30k
2020: €45k
2021: €36k
2022: €7k
2023: €797
2024: €-21k
2018 → 2025
Working capital
€-102k▲ 25.4%
2024 · €-137k
2018: €-48k
2019: €-19k
2020: €37k
2021: €40k
2022: €-49k
2023: €-103k
2024: €-137k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€367k-€374k▲ 1.9%€360k▼ 3.9%€315k▼ 12.3%€270k▼ 14.4%
Operating result€54k-€8k▼ 85.5%€2k▼ 73.1%€-22k€-8k▲ 64.2%
Net result€36k-€7k▼ 81.0%€797▼ 88.4%€-21k€-45k▼ 121%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €22k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €392k
Fixed assets
€372k ▼ 17.7%
Current assets
€20k ▼ 25.5%
Equity and liabilities €392k
Equity
€270k ▼ 14.4%
Debt
€122k ▼ 25.5%
Debt's share of the balance-sheet total falls from 34.2% to 31.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€37k▲
2024 · €17k
Cash flow
€-551▼
2024 · €18k
Current ratio
0.16▼
2024 · 0.16
Debt to equity
0.45▼
2024 · 0.52
ROE
-16.8%▼
2024 · -6.5%
ROA
-11.6%▼
2024 · -4.3%
Interest coverage
288.38▲
2024 · 102.68
Debt ≤ 1 year
€122k▼
2024 · €164k
Income taxes
€444▲
2024 · €-1k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€479k€392k▼
Fixed assets21/28€453k€372k▼
Tangible fixed assets22/27€410k€367k▼
Land and buildings22€358k€331k▼
Plant, machinery and equipment23€30k€25k▼
Furniture and vehicles24€22k€10k▼
Financial fixed assets28€42k€5k▼
Current assets29/58€27k€20k▼
Amounts receivable within one year40/41€11k€4k▼
Other amounts receivable41€11k€4k▼
Cash at bank and in hand54/58€14k€15k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€479k€392k▼
Equity10/15€315k€270k▼
Contributions10/11€81k€81k=
Capital10€81k€81k=
Issued capital100€81k€81k=
Reserves13€227k€159k▼
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€6k€6k=
Distributable reserves133€213k€145k▼
Profit (loss) carried forward14€8k€30k▲
Amounts payable17/49€164k€122k▼
Amounts payable within one year42/48€164k€122k▼
Trade debts44€3k€435▼
Suppliers440/4€3k€435▼
Taxes, remuneration and social security45€537-
Taxes450/3€537-
Other amounts payable47/48€160k€122k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€45k▲
Other operating charges640/8€7k€8k▲
Gross operating margin9900€24k€45k▲
Operating profit (loss)9901€-22k€-8k▲
Financial income75/76B€431€221▼
Recurring financial income75€431€221▼
Financial charges65/66B€164€37k▲
Recurring financial charges65€164€128▼
Non-recurring financial charges66B-€37k
Profit (loss) for the period before taxes9903€-22k€-45k▼
Income taxes67/77€-1k€444▲
Profit (loss) for the period9904€-21k€-45k▼
Profit (loss) for the period to be appropriated9905€-21k€-45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-38k▼
Profit (loss) brought forward from the previous period14P€28k€8k▼
Transfer from equity791/2€30k€68k▲
Profit to be distributed694/7€30k-
Return on contributions (dividend)694€30k-
The notes to these accounts (13 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
31-12
Financial
Highest result since 2018net €45k ▲49.4%
Operating result €73k, net result €45k, both a record.
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
04-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 35 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Plombières · 1 establishment unit since 1987
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.
Rue de la Gare 704850 PlombièresGround area
1,029 m²
Building footprint
185 m²
Parcel 63053A0287/00E002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de la Gare 70, 4850 Plombières
since 19872.029.840.311
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63053A0287/00E002 | Wallonia | 1,029 m² | 1 · 185 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.
Similar companies · same sector, comparable size
PARS IMMOBILIEN
BE 0829.843.512
Puurs-Sint-Amands · Eq €270,116
MISTRAL INVEST
BE 0878.694.294
Farciennes · Eq €269,879
ASTUS
BE 0891.375.461
Elsene · Eq €270,375
YVIMAT
BE 1021.485.125
Zwevegem · Eq €270,418
RT INVESTS
BE 0730.849.468
Nivelles · Eq €270,546
Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 5,032 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 formPublic limited company
Founded03-09-1987
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.