VAN
ActiveSummary
The computed 12-month bankruptcy probability of VAN is 1.6% (moderate). The 2025 annual accounts show equity of €398,407 and a net result of -€24,939. Equity is shrinking by ~5.5% per year across the filed fiscal years. The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 37 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)
History
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Financials · fiscal year 2025, full schema
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Peer companies
Historical observationOf the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 8,616 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,670 | €29,670 | €41,339 | €41,340 | €49,719 | ▲ 20.3% |
| Other operating charges640/8 | - | €1,809 | €1,315 | €2,312 | €3,115 | ▲ 34.7% |
| Non-recurring operating charges66A | - | - | - | €25 | - | - |
| Gross operating margin9900 | €4,233 | €8,044 | €15,901 | €22,360 | €27,350 | ▲ 22.3% |
| Operating profit (loss)9901 | -€26,648 | -€23,435 | -€26,753 | -€21,317 | -€25,484 | ▼ 19.5% |
| Financial income75/76B | - | €1 | - | - | - | - |
| Recurring financial income75 | €1 | €1 | - | - | - | - |
| Financial charges65/66B | - | €10,060 | €9,634 | €8,786 | €8,605 | ▼ 2.1% |
| Recurring financial charges65 | €11,372 | €10,060 | €9,634 | €8,786 | €8,605 | ▼ 2.1% |
| Profit (loss) for the period before taxes9903 | -€38,130 | -€33,494 | -€36,387 | -€30,103 | -€34,089 | ▼ 13.2% |
| Transfer from deferred taxes780 | - | €9,150 | €9,150 | €9,150 | €9,150 | = |
| Income taxes67/77 | €158 | €2,941 | €149 | €149 | - | - |
| Profit (loss) for the period9904 | -€29,138 | -€27,285 | -€27,386 | -€21,102 | -€24,939 | ▼ 18.2% |
| Transfer from tax-exempt reserves789 | - | €27,484 | €27,484 | €27,484 | €27,484 | = |
| Profit (loss) for the period to be appropriated9905 | -€1,654 | €199 | €98 | €6,382 | €2,545 | ▼ 60.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.3m | €1.3m | €1.2m | €1.2m | ▼ 4.1% |
| Fixed assets21/28 | €1.3m | €1.3m | €1.2m | €1.2m | €1.2m | ▼ 4.1% |
| Tangible fixed assets22/27 | €1.3m | €1.3m | €1.2m | €1.2m | €1.2m | ▼ 4.1% |
| Land and buildings22 | - | €1.3m | €1.2m | €1.2m | €1.2m | ▼ 4.1% |
| Furniture and vehicles24 | - | €8,000 | €4,000 | - | - | - |
| Financial fixed assets28 | €49 | €49 | €49 | €49 | €49 | = |
| Current assets29/58 | €71,701 | €39,932 | €28,987 | €30,015 | €28,850 | ▼ 3.9% |
| Amounts receivable within one year40/41 | €26,656 | €26,286 | €26,287 | €26,287 | €26,286 | = |
| Other amounts receivable41 | - | €26,286 | €26,287 | €26,287 | €26,286 | = |
| Cash at bank and in hand54/58 | €45,045 | €13,646 | €2,700 | €3,728 | €2,564 | ▼ 31.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.3m | €1.3m | €1.2m | €1.2m | ▼ 4.1% |
| Equity10/15 | €499,118 | €471,833 | €444,448 | €423,346 | €398,407 | ▼ 5.9% |
| Contributions10/11 | €63,426 | €63,426 | €60,000 | €60,000 | €63,426 | ▲ 5.7% |
| Capital10 | - | €63,426 | €60,000 | €60,000 | €63,426 | ▲ 5.7% |
| Issued capital100 | - | €63,426 | €60,000 | €60,000 | €63,426 | ▲ 5.7% |
| Reserves13 | €439,740 | €412,256 | €388,199 | €360,715 | €329,805 | ▼ 8.6% |
| Tax-exempt reserves132 | - | €412,256 | €384,773 | €357,289 | €329,805 | ▼ 7.7% |
| Distributable reserves133 | - | - | €3,426 | €3,426 | - | - |
| Profit (loss) carried forward14 | -€4,048 | -€3,849 | -€3,751 | €2,631 | €5,176 | ▲ 96.7% |
| Provisions and deferred taxes16 | €146,404 | €137,254 | €128,104 | €118,953 | €109,803 | ▼ 7.7% |
| Deferred taxes168 | - | €137,254 | €128,104 | €118,953 | €109,803 | ▼ 7.7% |
| Amounts payable17/49 | €739,197 | €720,903 | €705,154 | €695,095 | €678,300 | ▼ 2.4% |
| Amounts payable after more than one year17 | €498,767 | €472,642 | €446,052 | €418,989 | €391,445 | ▼ 6.6% |
| Financial debts170/4 | - | €472,642 | €446,052 | €418,989 | €391,445 | ▼ 6.6% |
| Amounts payable within one year42/48 | €240,430 | €248,261 | €259,102 | €276,106 | €286,855 | ▲ 3.9% |
| Current portion of amounts payable after more than one year42 | - | €26,126 | €26,590 | €27,063 | €27,544 | ▲ 1.8% |
| Trade debts44 | €689 | €2,041 | €468 | €1,981 | €748 | ▼ 62.2% |
| Suppliers440/4 | - | €2,041 | €468 | €1,981 | €748 | ▼ 62.2% |
| Other amounts payable47/48 | - | €220,094 | €232,044 | €247,062 | €258,563 | ▲ 4.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€29,138 | -€27,285 | -€27,386 | -€21,102 | -€24,939 | ▼ 18.2% |
| + Depreciation and write-downs630 | €29,670 | €29,670 | €41,339 | €41,340 | €49,719 | ▲ 20.3% |
| Operating cash flow (approximation) | €532 | €2,385 | €13,953 | €20,238 | €24,780 | ▲ 22.4% |
| Investment in fixed assets (approximation) | - | -€6,710 | €0 | €0 | €0 | - |
| Change in cash | - | -€31,399 | -€10,946 | €1,028 | -€1,164 | ▼ 213% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21442A0084/00A021 | Brussels | 221 m² | 1 · 123 m² | 19.2 m · 6 fl. |
| 21363B0479/00E004 | Brussels | 89 m² | 1 · 62 m² | 18.1 m · 5 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.