VAN BELLINGHEN
ActiveVAN BELLINGHEN has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €741k and a net result of €175k. Equity is growing by ~55.7% per year across the filed fiscal years. Its solvency ranks better than 92% of 230 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 12.15 against 11.96 in 2023), and 7.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
92.3%
Return on assets
21.8%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
20 d early
2022
47 d early
2021
45 d early
2020
47 d early
2019
17 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€175k▲ 5.2%
2023 · €166k
2018: €1k
2019: €39k
2020: €97k
2021: €139k
2022: €150k
2023: €166k
2018 → 2024
Working capital
€673k▲ 40.2%
2023 · €480k
2018: €-43k
2019: €240
2020: €102k
2021: €247k
2022: €387k
2023: €480k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€111k-€250k▲ 126%€400k▲ 60.2%€566k▲ 41.6%€741k▲ 30.9%
Operating result€145k-€207k▲ 42.6%€224k▲ 8.0%€245k▲ 9.6%€247k▲ 1.0%
Net result€97k-€139k▲ 43.3%€150k▲ 8.1%€166k▲ 10.6%€175k▲ 5.2%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 1% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €802k
Fixed assets
€69k▼ 20.1%
Current assets
€733k▲ 40.0%
Equity and liabilities €802k
Equity
€741k▲ 30.9%
Debt
€62k▲ 39.0%
The debt ratio rises from 7.3% to 7.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€268k▲
2023 · €253k
Cash flow
€195k▲
2023 · €174k
Solvency
92.3%▼
2023 · 92.7%
Current ratio
12.15▲
2023 · 11.96
Quick ratio
12.15▲
2023 · 11.96
Debt / equity
0.08▲
2023 · 0.08
ROE
23.6%▼
2023 · 29.4%
ROA
21.8%▼
2023 · 27.2%
Interest coverage
596.08▲
2023 · 509.11
Debt
€62k▲
2023 · €44k
Debt ≤ 1 year
€60k▲
2023 · €44k
Income taxes
€82k▲
2023 · €80k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€610k€802k▲
Fixed assets21/28€87k€69k▼
Tangible fixed assets22/27€87k€69k▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€73k€57k▼
Other tangible fixed assets26€11k€8k▼
Financial fixed assets28€25-
Current assets29/58€524k€733k▲
Amounts receivable after more than one year29€35k€241k▲
Other amounts receivable291€35k€241k▲
Amounts receivable within one year40/41€28k€25k▼
Trade receivables40€28k€25k▼
Other amounts receivable41€46€26▼
Cash at bank and in hand54/58€455k€457k▲
Deferred charges and accrued income490/1€5k€10k▲
Equity and liabilities
Total equity and liabilities10/49€610k€802k▲
Equity10/15€566k€741k▲
Contributions10/11€38k€38k=
Reserves13€548k€723k▲
Distributable reserves133€548k€723k▲
Profit (loss) carried forward14€-20k€-20k=
Amounts payable17/49€44k€62k▲
Amounts payable within one year42/48€44k€60k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€24k€36k▲
Taxes450/3€24k€36k▲
Other amounts payable47/48€17k€22k▲
Accrued charges and deferred income492/3€628€1k▲
Income statement
Code20232024
Non-recurring operating income76A-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€20k▲
Other operating charges640/8€1k€821▼
Gross operating margin9900€254k€269k▲
Operating profit (loss)9901€245k€247k▲
Financial income75/76B€2k€10k▲
Recurring financial income75€2k€10k▲
Financial charges65/66B€496€449▼
Recurring financial charges65€496€449▼
Profit (loss) for the period before taxes9903€246k€257k▲
Income taxes67/77€80k€82k▲
Profit (loss) for the period9904€166k€175k▲
Profit (loss) for the period to be appropriated9905€166k€175k▲
Appropriation of the result
Profit (loss) to be appropriated9906€146k€155k▲
Profit (loss) brought forward from the previous period14P€-20k€-20k=
Transfer to equity691/2€166k€175k▲
To other reserves6921€166k€175k▲
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
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €175k ▲5.2%
Operating result €247k, net result €175k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €500kEq €566k ▲41.6%
6 profitable years in a row build equity to €566k.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity triplescurrent ratio 6.91
Current ratio from 2.39 to 6.91; short-term debt falls from €73k to €42k.
31-12
Financial
Equity above €200kEq €250k ▲126%
4 profitable years in a row build equity to €250k.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity doublescurrent ratio 2.39
Current ratio from 1.00 to 2.39.
31-12
Financial
Equity above €100kEq €111k ▲716%
3 profitable years in a row build equity to €111k.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity times 5current ratio 1.00
Current ratio from 0.19 to 1.00; short-term debt falls from €53k to €50k.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 3 days late
2016
01-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Grez-Doiceau · 1 establishment unit since 1989
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.
R. Ferme du Grand Sart 71390 Grez-Doiceau1 establishment unit
VAN BELLINGHEN SC
since 19892.111.849.653
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Of 2,732 companies in sector 63100 we hold annual accounts for 1,275. 734 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-09-1988
Fiscal year end31-12
Activities, NACEBEL
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
72300
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filings
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.