Checked.be
Active
BE 0433.737.181Public limited company
VAN AERSCHOT VASTGOEDBEHEER
Tiensesteenweg 99 ·3360 Bierbeek, Belgium· 38 yrs active
Conclusion
VAN AERSCHOT VASTGOEDBEHEER has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292k and a net result of €-20k. Equity remains stable across the filed fiscal years (±0.8% per year). The computed 12-month bankruptcy probability is 0.6% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €292k |
| Net result | €-20k |
| Active | 38 yrs |
| Locations | 1 |
Financial profile
56
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
52
Profitability
0
Solvency
98
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1988, 38 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
52
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€15k
estimate, not credit advice
Score history
93
2022
52
2023
94
2024
52
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 3.10 (≥ 1.5)
+10
Quick ratio
Quick ratio 3.10 (≥ 1.0)
+5
Leverage
Debt/equity 0.68 (< 1.0)
+10
Profitability
Negatieve ROE -7%
-10
Interest coverage
Interest coverage -7.0× (< 1.5×)
-10
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-08-2026 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 4 fiscal years (±0.8%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
€-16k
-
22-25
€-20k
-
22-25
€-19k
-
22-25
€490k
+7.1%
22-25
€292k
-6.4%
22-25
€135k
-9.1%
22-25
€26
-99.2%
22-25
€198k
+35.9%
22-25
€64k
+237.4%
22-25
€112k
-11.5%
22-25
3.10
-64.8%
22-25
3.10
-64.8%
22-25
59.6%
-12.6%
22-25
0.68
+45.1%
22-25
-6.8%
-
22-25
-4.0%
-
22-25
-6.96
-
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €-16k | €29k | €-17k | €89k |
| Net profit | €-20k | €22k | €-19k | €51k |
| Cash flow | €-19k | €23k | €-18k | €62k |
| Staff costs | - | - | - | - |
| Income taxes | €26 | €3k | - | €24k |
| Dividends | - | - | - | - |
| Total assets | €490k | €458k | €454k | €495k |
| Equity | €292k | €312k | €290k | €310k |
| Debt | €198k | €146k | €164k | €185k |
| of which ≤ 1y | €64k | €19k | €23k | €30k |
| of which > 1y | €112k | €127k | €141k | €155k |
| Working capital | €135k | €149k | €140k | €172k |
| Employees (FTE) | - | - | - | - |
Note: these years are not on the same basis. The filed schemas differ (abbreviated schema, micro schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 3.10 | 8.80 | 7.17 | 6.78 |
| Quick ratio | 3.10 | 8.80 | 7.17 | 6.78 |
| Working capital ratio | 27.6% | 32.5% | 30.9% | 34.8% |
| Solvency | 59.6% | 68.1% | 63.9% | 62.6% |
| Debt / equity | 0.68 | 0.47 | 0.56 | 0.60 |
| Long-term debt ratio | 0.38 | 0.41 | 0.49 | 0.50 |
| Interest coverage | -6.96 | 10.83 | -5.73 | 28.32 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -4.0% | 4.8% | -4.3% | 10.2% |
| ROE | -6.8% | 7.0% | -6.7% | 16.3% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €490k | €458k | €454k | €495k |
| Fixed assets | 21/28 | €291k | €290k | €291k | €293k |
| Tangible fixed assets | 22/27 | €291k | €290k | €291k | €293k |
| Current assets | 29/58 | €200k | €168k | €163k | €202k |
| Amounts receivable within one year | 40/41 | €16k | - | - | €30k |
| Cash & bank | 54/58 | €182k | €160k | €157k | €166k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €490k | €458k | €454k | €495k |
| Equity | 10/15 | €292k | €312k | €290k | €310k |
| Contributions / capital | 10/11 | €115k | €115k | €115k | €115k |
| Reserves | 13 | €177k | €197k | €175k | €195k |
| Amounts payable | 17/49 | €198k | €146k | €164k | €185k |
| Amounts payable after one year | 17 | €112k | €127k | €141k | €155k |
| Amounts payable within one year | 42/48 | €64k | €19k | €23k | €30k |
| Trade debts payable within one year | 44 | - | - | €935 | - |
| Income statement | |||||
| Gross operating margin | 9900 | €-13k | €33k | €-13k | €92k |
| Operating result | 9901 | €-17k | €28k | €-18k | €77k |
| Financial income | 75 | €20 | - | €2k | - |
| Financial charges | 65 | €2k | €3k | €3k | €3k |
| Result before taxes | 9903 | €-20k | €25k | €-19k | €74k |
| Income taxes | 67/77 | €26 | €3k | - | €24k |
| Net result for the period | 9904 | €-20k | €22k | €-19k | €51k |
| Result to be appropriated | 9905 | €-20k | €22k | €-19k | €51k |
Legal Structure
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 21-03-1988 |
| Status | Active |
| Postal code | 3360 |
Establishment units
VLOER-EN TEGELWERKEN VAN DOREN
since 19882.040.800.618
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24053B0113/00G006 | Flanders | 540 m² | 1 · 258 m² | 11.8 m · 1 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-20k ▼191%
Net result drops to €-20k, the lowest in the series.
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-05
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.
Belgian State Gazette reading coverage
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Names & trade names
| Legal nameNL | VAN AERSCHOT VASTGOEDBEHEER |