VAARTKOM SLUIS
ActiveSummary
VAARTKOM SLUIS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.63M and a net result of €1.54M. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 48% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+31
Solvency54▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.54 in 2023; short-term debt: 67.2% and cash: 0.1% of total assets), and 71.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
28.7%
Return on assets
27.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
54 d early
2022
90 d early
2021
48 d early
2020
72 d early
2019
85 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.63M▼ 27.3%
2023 · €2.24M
2018: €1.04M
2019: €1.00M
2020: €1.00M
2021: €968k
2022: €4.47M
2023: €2.24M
2018 → 2024
Total assets
€5.68M▼ 21.1%
2023 · €7.20M
2018: €3.05M
2019: €3.05M
2020: €2.94M
2021: €2.86M
2022: €6.33M
2023: €7.20M
2018 → 2024
Net result
€1.54M▲ 67.1%
2023 · €921k
2018: €76k
2019: €-40k
2020: €-2k
2021: €-34k
2022: €3.65M
2023: €921k
2018 → 2024
Working capital
€1.86M▼ 26.3%
2023 · €2.53M
2018: €1.60M
2019: €1.53M
2020: €1.51M
2021: €1.44M
2022: €4.94M
2023: €2.53M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.00M-€968k▼ 3.4%€4.47M▲ 362%€2.24M▼ 49.9%€1.63M▼ 27.3%
Operating result€18k-€-17k€4.83M€969k▼ 79.9%€1.89M▲ 95.0%
Net result€-2k-€-34k▼ 2,118%€3.65M€921k▼ 74.8%€1.54M▲ 67.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 95% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €5.68M
Equity
€1.63M ▼ 27.3%
Debt
€4.05M ▼ 18.3%
Debt's share of the balance-sheet total rises from 68.9% to 71.3%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.49▼
2023 · 1.54
Quick ratio
1.05▼
2023 · 1.08
Debt to equity
2.49▲
2023 · 2.21
ROE
94.4%▲
2023 · 41.1%
ROA
27.1%▲
2023 · 12.8%
Debt ≤ 1 year
€3.82M▼
2023 · €4.68M
Debt > 1 year
€232k▼
2023 · €285k
Income taxes
€520k▲
2023 · €256k
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€7.20M€5.68M▼
Current assets29/58€7.20M€5.68M▼
Stocks and contracts in progress3€2.13M€1.67M▼
Stocks30/36€2.13M€1.67M▼
Amounts receivable within one year40/41€5.05M€4.01M▼
Trade receivables40-€258k
Other amounts receivable41€5.05M€3.75M▼
Cash at bank and in hand54/58€16k€6k▼
Equity and liabilities
Total equity and liabilities10/49€7.20M€5.68M▼
Equity10/15€2.24M€1.63M▼
Contributions10/11€600k€600k=
Capital10€600k€600k=
Issued capital100€600k€600k=
Reserves13€60k€60k=
Non-distributable reserves130/1€60k€60k=
Legal reserve130€60k€60k=
Profit (loss) carried forward14€1.58M€971k▼
Amounts payable17/49€4.96M€4.05M▼
Amounts payable after more than one year17€285k€232k▼
Financial debts170/4€284k€232k▼
Other amounts payable178/9€675-
Amounts payable within one year42/48€4.68M€3.82M▼
Current portion of amounts payable after more than one year42€19k€34k▲
Trade debts44€1.20M€961k▼
Suppliers440/4€1.20M€961k▼
Advances received on contracts in progress46€46k€6k▼
Taxes, remuneration and social security45€113k€520k▲
Taxes450/3€113k€520k▲
Other amounts payable47/48€3.30M€2.30M▼
Income statement
Code20232024
Other operating charges640/8€1k€1k▲
Gross operating margin9900€970k€1.89M▲
Operating profit (loss)9901€969k€1.89M▲
Financial income75/76B€208k€173k▼
Recurring financial income75€208k€173k▼
Financial charges65/66B€35€3k▲
Recurring financial charges65€35€3k▲
Profit (loss) for the period before taxes9903€1.18M€2.06M▲
Income taxes67/77€256k€520k▲
Profit (loss) for the period9904€921k€1.54M▲
Profit (loss) for the period to be appropriated9905€921k€1.54M▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.73M€3.12M▼
Profit (loss) brought forward from the previous period14P€3.81M€1.58M▼
Profit to be distributed694/7€3.15M€2.15M▼
Return on contributions (dividend)694€3.00M€2.00M▼
Directors or managers695€150k€150k=
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €3.65M
Net result €3.65M after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 4.56
Current ratio from 2.03 to 4.56; short-term debt falls from €1.40M to €1.39M.
31-12
Financial
Equity above €2MEq €4.47M ▲362%
Equity rises from €968k to €4.47M.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-40k ▼152%
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Kontich
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.
Keizershoek 350 A2550 KontichGround area
1,010 m²
Building footprint
156 m²
Volume, LiDAR
713 m³
Parcel 11024G0279/00E000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024G0279/00E000 | Flanders | 1,010 m² | 1 · 156 m² | 7.2 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.
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 3,259 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
Founded29-11-2011
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.