VABUCO GROUP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €62k and a net result of €9k. Equity is growing by ~43% per year across the filed fiscal years. Its solvency ranks better than 17% of 5521 sector peers (fiscal year 2025). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
30 d early
2023
41 d early
2022
45 d early
2021
44 d early
2020
30 d early
2019
37 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€62k▲ 18.0%
2024 · €52k
2018: €9k
2019: €7k
2020: €8k
2021: €13k
2022: €22k
2023: €27k
2024: €52k
2018 → 2025
Net result
€9k▼ 62.9%
2024 · €25k
2018: €88
2019: €-2k
2020: €189
2021: €6k
2022: €9k
2023: €5k
2024: €25k
2018 → 2025
Total assets
€417k▲ 16.9%
2024 · €357k
2018: €17k
2019: €15k
2020: €20k
2021: €27k
2022: €36k
2023: €57k
2024: €357k
2018 → 2025
Solvency
14.7%▲ 0.1pp
2024 · 14.6%
2018: 54.7%
2019: 48.2%
2020: 37.0%
2021: 47.8%
2022: 61.0%
2023: 47.0%
2024: 14.6%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€22k▲ 69.5%€27k▲ 21.2%€52k▲ 94.1%€62k▲ 18.0%
Operating result€3k-€-4k€10k€34k▲ 234%€25k▼ 25.2%
Net result€6k-€9k▲ 63.2%€5k▼ 48.4%€25k▲ 439%€9k▼ 62.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €417k
Fixed assets
€225k▼ 1.2%
Current assets
€193k▲ 48.4%
Equity and liabilities €417k
Equity
€62k▲ 18.0%
Debt
€356k▲ 16.7%
The debt ratio falls from 85.4% to 85.3%. Equity and debt are higher.
Key figures and ratios
Solvency
14.7%▲
2024 · 14.6%
ROE
15.2%▼
2024 · 48.5%
ROA
2.2%▼
2024 · 7.1%
Debt
€356k▲
2024 · €305k
Debt ≤ 1 year
€64k▲
2024 · €14k
Debt > 1 year
€292k▲
2024 · €291k
Income taxes
€7k▼
2024 · €9k
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€357k€417k▲
Fixed assets21/28€227k€225k▼
Intangible fixed assets21€8k€8k=
Tangible fixed assets22/27€7k€4k▼
Plant, machinery and equipment23€94€47▼
Furniture and vehicles24€7k€4k▼
Financial fixed assets28€212k€212k=
Current assets29/58€130k€193k▲
Amounts receivable within one year40/41€66k€191k▲
Other amounts receivable41€66k€191k▲
Cash at bank and in hand54/58€62k€15▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€357k€417k▲
Equity10/15€52k€62k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€32k€41k▲
Amounts payable17/49€305k€356k▲
Amounts payable after more than one year17€291k€292k▲
Financial debts170/4€291k€292k▲
Amounts payable within one year42/48€14k€64k▲
Current portion of amounts payable after more than one year42-€7k
Financial debts43-€34k
Credit institutions430/8-€34k
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€13k€21k▲
Taxes450/3€13k€21k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€387€400▲
Gross operating margin9900€37k€28k▼
Operating profit (loss)9901€34k€25k▼
Financial income75/76B€2k€6k▲
Recurring financial income75€2k€6k▲
Financial charges65/66B€2k€15k▲
Recurring financial charges65€2k€15k▲
Profit (loss) for the period before taxes9903€34k€16k▼
Income taxes67/77€9k€7k▼
Profit (loss) for the period9904€25k€9k▼
Profit (loss) for the period to be appropriated9905€25k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€41k▲
Profit (loss) brought forward from the previous period14P€6k€32k▲
The notes to these accounts (11 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €25k ▲439%
Operating result €34k, net result €25k, both a record.
31-12
Financial
Liquidity times 6current ratio 9.26
Current ratio from 1.51 to 9.26; short-term debt falls from €30k to €14k.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €189
Net result €189 after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-2k ▼2536%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Grimbergen · 1 establishment unit since 2006
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.
Brusselsesteenweg 1651850 GrimbergenGround area
1,047 m²
Building footprint
203 m²
Volume, LiDAR
996 m³
Parcel 23403H0001/00D006, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Vabuco Group
since 20062.152.681.309
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23403H0001/00D006 | Flanders | 1,047 m² | 1 · 203 m² | 8.4 m · 1 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 24,728 companies in sector 64210 we hold annual accounts for 19,762. 11,037 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-1989
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74121
69202Legal and accounting activities
69209Other tax advisory services
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.