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VACA

Active
Private limited companyfounded 199332 yrs activeSchotelven 32, 2370 Arendonk, BelgiumKBO/BCE: BE 0451.897.858
Summary

VACA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84,562 and a net result of €273. Equity remains stable across the filed fiscal years (±0.4% per year). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability69▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
short-term debt: 0.1% and cash: 0.4% of total assets, and 0.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.9%
Return on assets
0.3%
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
119 d early
2023
55 d early
2022
7 d late
2021
27 d early
2020
136 d early
2019
57 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 63 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VACA was incorporated on 30 December 1993.1 Total assets went from EUR 82,999 in 2018 to EUR 84,618 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€84,562▲ 0.3%
2024 · €84,289
Total assets
€84,618▲ 0.4%
2024 · €84,289
Net result
€273
2024 · -€295
Working capital
€29,636▲ 16.9%
2024 · €25,353
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€274€888€350▼ 60.6%-€110€455
Net result-€393€630€129▼ 79.6%-€295€273
Equity€83,825▼ 0.5%€84,455▲ 0.8%€84,583▲ 0.2%€84,289▼ 0.3%€84,562▲ 0.3%
Total assets€83,941▼ 0.5%€84,541▲ 0.7%€84,630▲ 0.1%€84,289▼ 0.4%€84,618▲ 0.4%
Debt€116=€86▼ 26.4%€47▼ 45.4%€0▼ 100%€56
Working capital€12,858▲ 39.1%€17,498▲ 36.1%€21,637▲ 23.7%€25,353▲ 17.2%€29,636▲ 16.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€500€0€500€1,000Operating result 2021: -€274-€274Net result 2021: -€393-€393Operating result 2022: €888€888Net result 2022: €630€630Operating result 2023: €350€350Net result 2023: €129€129Operating result 2024: -€110-€110Net result 2024: -€295-€295Operating result 2025: €455€455Net result 2025: €273€27320212022202320242025-€400-€200€0€200€400Operating result 2023: €350€350Net result 2023: €129€129Operating result 2024: -€110-€110Net result 2024: -€295-€295Operating result 2025: €455€455Net result 2025: €273€273202320242025
The operating result returns to profit in 2025: €455 after a loss of €110 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84,618
Fixed assets €54,926 ▼ 6.8%
Current assets €29,692 ▲ 17.1%
Equity and liabilities €84,618
Equity €84,562
Debt €56
Debt finances 0.1% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,465▲
2024 · €3,900
Cash flow
€4,283▲
2024 · €3,715
Debt to equity
0.00▲
2024 · 0.00
ROE
0.3%▲
2024 · -0.3%
ROA
0.3%▲
2024 · -0.3%
Interest coverage
24.59▲
2024 · 21.09
Debt ≤ 1 year
€56▲
2024 · €0
A ratio outside any meaningful range has been withheld (balance sheet total €84,618, equity €84,562).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,027 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€84,289€84,618▲
Fixed assets21/28€58,936€54,926▼
Tangible fixed assets22/27€58,936€54,926▼
Land and buildings22€53,917€52,058▼
Furniture and vehicles24€5,019€2,868▼
Current assets29/58€25,353€29,692▲
Amounts receivable within one year40/41€24,814€29,335▲
Other amounts receivable41€24,814€29,335▲
Cash at bank and in hand54/58€538€356▼
Equity and liabilities
Total equity and liabilities10/49€84,289€84,618▲
Equity10/15€84,289€84,562▲
Contributions10/11€62,000€62,000=
Reserves13€22,288€22,562▲
Distributable reserves133€22,288€22,562▲
Amounts payable17/49€0€56▲
Amounts payable within one year42/48€0€56▲
Trade debts44-€56
Suppliers440/4-€56
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,010€4,010=
Other operating charges640/8€1,361€1,405▲
Gross operating margin9900€5,261€5,869▲
Operating profit (loss)9901-€110€455▲
Financial charges65/66B€185€182▼
Recurring financial charges65€185€182▼
Profit (loss) for the period before taxes9903-€295€273▲
Income taxes67/77€0-
Profit (loss) for the period9904-€295€273▲
Profit (loss) for the period to be appropriated9905-€295€273▲
Appropriation of the result
Profit (loss) to be appropriated9906-€295€273▲
Transfer from equity791/2€295€0▼
Transfer to equity691/2€0€273▲
To other reserves6921€0€273▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,010€4,010€4,010€4,010€4,010=
Other operating charges640/8€1,237€1,183€1,319€1,361€1,405▲ 3.2%
Gross operating margin9900€4,973€6,080€5,680€5,261€5,869▲ 11.6%
Operating profit (loss)9901-€274€888€350-€110€455▲ 513%
Financial charges65/66B€119€171€174€185€182▼ 1.8%
Recurring financial charges65€119€171€174€185€182▼ 1.8%
Profit (loss) for the period before taxes9903-€393€716€175-€295€273▲ 193%
Income taxes67/77€0€86€47€0--
Profit (loss) for the period9904-€393€630€129-€295€273▲ 193%
Profit (loss) for the period to be appropriated9905-€393€630€129-€295€273▲ 193%
Line20212022202320242025Change
Assets
Total assets20/58€83,941€84,541€84,630€84,289€84,618▲ 0.4%
Fixed assets21/28€70,967€66,957€62,946€58,936€54,926▼ 6.8%
Tangible fixed assets22/27€70,967€66,957€62,946€58,936€54,926▼ 6.8%
Land and buildings22€59,494€57,635€55,776€53,917€52,058▼ 3.4%
Furniture and vehicles24€11,472€9,321€7,170€5,019€2,868▼ 42.9%
Current assets29/58€12,974€17,584€21,684€25,353€29,692▲ 17.1%
Amounts receivable within one year40/41€12,905€16,687€20,961€24,814€29,335▲ 18.2%
Other amounts receivable41€12,905€16,687€20,961€24,814€29,335▲ 18.2%
Cash at bank and in hand54/58€69€897€723€538€356▼ 33.7%
Equity and liabilities
Total equity and liabilities10/49€83,941€84,541€84,630€84,289€84,618▲ 0.4%
Equity10/15€83,825€84,455€84,583€84,289€84,562▲ 0.3%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Reserves13€21,825€22,455€22,583€22,288€22,562▲ 1.2%
Non-distributable reserves130/1€6,200€6,200€0---
Reserves not available under the articles1311€6,200€6,200€0---
Distributable reserves133€15,625€16,255€22,583€22,288€22,562▲ 1.2%
Amounts payable17/49€116€86€47€0€56-
Amounts payable within one year42/48€116€86€47€0€56-
Trade debts44----€56-
Suppliers440/4----€56-
Taxes, remuneration and social security45€116€86€47€0--
Taxes450/3€116€86€47€0--
Line20212022202320242025Change
Profit (loss) for the period9904-€393€630€129-€295€273▲ 193%
+ Depreciation and write-downs630€4,010€4,010€4,010€4,010€4,010=
Operating cash flow (approximation)€3,617€4,641€4,139€3,715€4,283▲ 15.3%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€829-€174-€185-€182▲ 1.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €273
Net result €273 after one loss-making year.
03-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
06-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity doublescurrent ratio 463.23
Current ratio from 205.16 to 463.23; short-term debt falls from €86 to €47.
07-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
31-12
Financial Back to profitnet €630
Net result €630 after one loss-making year.
04-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
17-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
04-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €4,138
Net result €4,138 after one loss-making year.
26-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Arendonk · 1 establishment unit since 1994
seat establishment The establishment unit on the map
Ground area
1,697 m²
Building footprint
283 m²
Volume, LiDAR
1,202 m³
Parcel 13322D0345/00N000, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VACA
Schotelven 32, 2370 ArendonkInsurance, reinsurance and pension funding, except compulsory social security
since 19942.065.330.235
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13322D0345/00N000 Flanders 1,697 m² 1 · 283 m² 7.8 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded30-12-1993
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.