VAN BAEL
ActiveVAN BAEL has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €371k and a net result of €-6k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 95% of 17964 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
78
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 89.97 against 13.13 in 2024), and 1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99%
Return on assets
-1.7%
Age of the figures
11 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€6k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-04-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
27 d early
2023
3 d early
2022
3 d early
2021
9 d early
2020
21 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€371k▼ 1.7%
2024 · €378k
2018: €354k
2019: €362k
2020: €385k
2021: €412k
2022: €459k
2023: €398k
2024: €378k
2018 → 2025
Total assets
€375k▼ 8.0%
2024 · €408k
2018: €455k
2019: €445k
2020: €488k
2021: €505k
2022: €552k
2023: €581k
2024: €408k
2018 → 2025
Net result
€-6k▲ 68.0%
2024 · €-20k
2018: €14k
2019: €7k
2020: €23k
2021: €28k
2022: €47k
2023: €70k
2024: €-20k
2018 → 2025
Working capital
€341k▲ 1.3%
2024 · €337k
2018: €337k
2019: €349k
2020: €376k
2021: €402k
2022: €449k
2023: €332k
2024: €337k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€412k-€459k▲ 11.3%€398k▼ 13.3%€378k▼ 5.0%€371k▼ 1.7%
Operating result€39k-€67k▲ 74.7%€99k▲ 47.0%€-19k€-6k▲ 67.3%
Net result€28k-€47k▲ 68.9%€70k▲ 51.3%€-20k€-6k▲ 68.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €19k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €375k
Fixed assets
€30k▼ 30.3%
Current assets
€345k▼ 5.4%
Equity and liabilities €375k
Equity
€371k▼ 1.7%
Debt
€4k▼ 87.3%
The debt ratio falls from 7.4% to 1.0%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€7k▼
2024 · €8k
Cash flow
€7k▼
2024 · €7k
Solvency
99.0%▲
2024 · 92.6%
Current ratio
89.97▲
2024 · 13.13
Quick ratio
75.69▲
2024 · 10.67
Debt / equity
0.01▼
2024 · 0.08
ROE
-1.7%▲
2024 · -5.3%
ROA
-1.7%▲
2024 · -4.9%
Interest coverage
12.45▲
2024 · 3.05
Debt
€4k▼
2024 · €30k
Debt ≤ 1 year
€4k▼
2024 · €28k
Income taxes
€153▼
2024 · €164
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€408k€375k▼
Fixed assets21/28€43k€30k▼
Tangible fixed assets22/27€43k€30k▼
Furniture and vehicles24€43k€30k▼
Current assets29/58€365k€345k▼
Stocks and contracts in progress3€69k€55k▼
Stocks30/36€69k€55k▼
Amounts receivable within one year40/41€6k€3k▼
Trade receivables40€75€1k▲
Other amounts receivable41€6k€2k▼
Current investments50/53€22k€22k=
Cash at bank and in hand54/58€268k€265k▼
Deferred charges and accrued income490/1€265-
Equity and liabilities
Total equity and liabilities10/49€408k€375k▼
Equity10/15€378k€371k▼
Contributions10/11€19k€19k=
Reserves13€359k€353k▼
Distributable reserves133€359k€353k▼
Amounts payable17/49€30k€4k▼
Amounts payable within one year42/48€28k€4k▼
Current portion of amounts payable after more than one year42€5k-
Trade debts44€2k€188▼
Suppliers440/4€2k€188▼
Taxes, remuneration and social security45-€709
Taxes450/3-€709
Other amounts payable47/48€21k€3k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€13k▼
Other operating charges640/8€1k€423▼
Gross operating margin9900€10k€8k▼
Operating profit (loss)9901€-19k€-6k▲
Financial income75/76B€1k€356▼
Recurring financial income75€1k€356▼
Financial charges65/66B€3k€569▼
Recurring financial charges65€3k€569▼
Profit (loss) for the period before taxes9903€-20k€-6k▲
Income taxes67/77€164€153▼
Profit (loss) for the period9904€-20k€-6k▲
Profit (loss) for the period to be appropriated9905€-20k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-6k▲
Transfer from equity791/2€20k€6k▼
The notes to these accounts (6 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
16-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity times 7current ratio 89.97
Current ratio from 13.13 to 89.97; short-term debt falls from €28k to €4k.
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-20k ▼129%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity times 5current ratio 13.13
Current ratio from 2.87 to 13.13; short-term debt falls from €178k to €28k.
27-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €70k ▲51.3%
Operating result €99k, net result €70k, both a record.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 24 days late
2018
24-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-04
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
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, Duffel · 1 establishment unit since 1987
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.
Kerkstraat 32570 DuffelGround area
346 m²
Building footprint
149 m²
Volume, LiDAR
912 m³
Parcel 12009E0248/00Y000, Flanders · tallest building 13.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kerkstraat 3, 2570 Duffel
since 19872.030.127.252
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12009E0248/00Y000 | Flanders | 346 m² | 1 · 149 m² | 13.6 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.
Similar companies · same sector, comparable size
CAPPELLE OPTICIEN
BE 0446.312.440
Brussel · Eq €372k
BEL OEIL OPTIQUE
BE 0660.712.233
Beloeil · Eq €371k
OPTIEK DECOSTER-ROBEYNS
BE 0644.501.058
Sint-Gillis-Waas · Eq €368k
FOCUS OPTIEK GAVERE
BE 0629.818.030
Gavere · Eq €376k
BRUNINX DESIGN OPTICS
BE 0444.896.537
Hasselt · Eq €367k
Of 1,724 companies in sector 47742 we hold annual accounts for 1,136. 865 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-12-1986
Fiscal year end30-09
Activities, NACEBEL
47742Retail sale of prescription glasses, lenses and sunglasses
47782Retail trade
52485
47552Retail sale of lighting equipment
47592Retail trade
52442
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.