Steven Vrancken
ActiveSteven Vrancken has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €174k and a net result of €27k. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 38% of 16527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
79
/ 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
Profitability78▲+5
Solvency74▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.25 in 2024; short-term debt: 21.6% and cash: 2.5% of total assets), and 51.3% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← 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
48.7%
Return on assets
7.6%
Age of the figures
9 mo
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
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 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
81 d early
2024
77 d early
2023
79 d early
2022
77 d early
2021
83 d early
2020
63 d early
2019
81 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€174k▲ 18.5%
2024 · €147k
2018: €54k
2019: €63k
2020: €78k
2021: €97k
2022: €117k
2023: €132k
2024: €147k
2018 → 2025
Total assets
€358k▼ 13.0%
2024 · €411k
2018: €479k
2019: €455k
2020: €429k
2021: €401k
2022: €473k
2023: €435k
2024: €411k
2018 → 2025
Net result
€27k▲ 78.3%
2024 · €15k
2018: €10k
2019: €9k
2020: €15k
2021: €19k
2022: €20k
2023: €14k
2024: €15k
2018 → 2025
Working capital
€-65k▲ 22.9%
2024 · €-84k
2018: €-179k
2019: €-98k
2020: €-78k
2021: €-81k
2022: €-120k
2023: €-104k
2024: €-84k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€97k-€117k▲ 21.0%€132k▲ 12.3%€147k▲ 11.6%€174k▲ 18.5%
Operating result€37k-€35k▼ 6.2%€30k▼ 14.0%€31k▲ 4.1%€46k▲ 46.1%
Net result€19k-€20k▲ 7.7%€14k▼ 29.0%€15k▲ 5.5%€27k▲ 78.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 46% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €358k
Fixed assets
€346k▼ 9.8%
Current assets
€12k▼ 56.5%
Equity and liabilities €358k
Equity
€174k▲ 18.5%
Debt
€184k▼ 30.5%
The debt ratio falls from 64.2% to 51.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€90k▲
2024 · €74k
Cash flow
€71k▲
2024 · €58k
Solvency
48.7%▲
2024 · 35.8%
Current ratio
0.16▼
2024 · 0.25
Quick ratio
0.16▼
2024 · 0.25
Debt / equity
1.05▼
2024 · 1.80
ROE
15.6%▲
2024 · 10.4%
ROA
7.6%▲
2024 · 3.7%
Interest coverage
17.03▲
2024 · 9.12
Debt
€184k▼
2024 · €264k
Debt ≤ 1 year
€77k▼
2024 · €112k
Debt > 1 year
€100k▼
2024 · €141k
Income taxes
€13k▲
2024 · €8k
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€411k€358k▼
Fixed assets21/28€383k€346k▼
Tangible fixed assets22/27€383k€346k▼
Land and buildings22€306k€297k▼
Plant, machinery and equipment23€19k€14k▼
Furniture and vehicles24€58k€35k▼
Financial fixed assets28€90€90=
Current assets29/58€28k€12k▼
Amounts receivable within one year40/41€4k€3k▼
Trade receivables40€2€3k▲
Other amounts receivable41€4k€0▼
Cash at bank and in hand54/58€14k€9k▼
Deferred charges and accrued income490/1€11k€488▼
Equity and liabilities
Total equity and liabilities10/49€411k€358k▼
Equity10/15€147k€174k▲
Contributions10/11€19k€19k=
Reserves13€105k€132k▲
Distributable reserves133€105k€132k▲
Profit (loss) carried forward14€24k€24k=
Amounts payable17/49€264k€184k▼
Amounts payable after more than one year17€141k€100k▼
Financial debts170/4€141k€100k▼
Amounts payable within one year42/48€112k€77k▼
Current portion of amounts payable after more than one year42€44k€44k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€3k€0▼
Suppliers440/4€3k€0▼
Taxes, remuneration and social security45€9k€8k▼
Taxes450/3€9k€8k▼
Other amounts payable47/48€57k€25k▼
Accrued charges and deferred income492/3€11k€6k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€44k▲
Other operating charges640/8€5k€8k▲
Gross operating margin9900€80k€98k▲
Operating profit (loss)9901€31k€46k▲
Financial income75/76B€4€20▲
Recurring financial income75€4€20▲
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Profit (loss) for the period before taxes9903€23k€41k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€15k€27k▲
Profit (loss) for the period to be appropriated9905€15k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€51k▲
Profit (loss) brought forward from the previous period14P€24k€24k=
Transfer to equity691/2€15k€27k▲
To other reserves6921€15k€27k▲
The notes to these accounts (12 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
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €27k ▲78.3%
Operating result €46k, net result €27k, both a record.
31-12
Financial
Equity above €150kEq €174k ▲18.5%
8 profitable years in a row build equity to €174k.
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €117k ▲21%
5 profitable years in a row build equity to €117k.
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €9k ▼9.9%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Affligem · 1 establishment unit since 2017
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.
Fosselstraat 441790 AffligemGround area
2,679 m²
Building footprint
607 m²
Volume, LiDAR
4,980 m³
2 parcels, Flanders · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Steven Vrancken
since 20172.275.348.103
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23030B0361/00A003 | Flanders | 2,007 m² | 1 · 439 m² | 13.8 m · 3 fl. |
| 23030A0436/00B000 | Flanders | 672 m² | 1 · 169 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
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.
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THERIK
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CENTRE KINE SEVRIN CEDRIC
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Of 12,689 companies in sector 86951 we hold annual accounts for 2,142. 1,676 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-11-2010
Fiscal year end31-12
Activities, NACEBEL
86905Human health activities
86951Physiotherapy
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.