VAN CORTLANDT GROUP
ActiveSummary
The computed 12-month bankruptcy probability of VAN CORTLANDT GROUP is 1.6% (moderate). The 2024 annual accounts show equity of €154k and a net result of €64k. Its solvency ranks better than 79% of 9518 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+1
Growth52
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.56 against 3.76 in 2023; short-term debt: 20.4% and cash: 49.9% of total assets), and 20.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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 25-07-2025, 6 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
4 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€159k
EBIT margin
71.0%
Net result
€64k▼ 27.9%
2023 · €89k
2023: €89k
2023 → 2024
Working capital
€101k▲ 14.5%
2023 · €88k
2023: €88k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Turnover€159k-
Equity€91k-€154k▲ 70.5%
Operating result€113k-€82k▼ 27.3%
Net result€89k-€64k▼ 27.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 27% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €194k
Fixed assets
€53k ▲ 2,405%
Current assets
€141k ▲ 16.9%
Equity and liabilities €194k
Equity
€154k ▲ 70.5%
Debt
€40k ▲ 23.4%
Debt's share of the balance-sheet total falls from 26.1% to 20.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€85k▼
2023 · €113k
Cash flow
€67k▼
2023 · €89k
Current ratio
3.56▼
2023 · 3.76
Debt to equity
0.26▼
2023 · 0.35
ROE
41.3%▼
2023 · 97.8%
ROA
32.9%▼
2023 · 72.2%
Interest coverage
608.32▼
2023 · 1619.77
Debt ≤ 1 year
€40k▲
2023 · €32k
Income taxes
€18k▼
2023 · €24k
Staff costs
€22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€123k€194k▲
Fixed assets21/28€2k€53k▲
Tangible fixed assets22/27€2k€53k▲
Plant, machinery and equipment23-€1k
Furniture and vehicles24€2k€7k▲
Other tangible fixed assets26-€45k
Financial fixed assets28-€185
Current assets29/58€121k€141k▲
Amounts receivable within one year40/41€17k€44k▲
Trade receivables40€17k€36k▲
Other amounts receivable41-€9k
Cash at bank and in hand54/58€103k€97k▼
Equity and liabilities
Total equity and liabilities10/49€123k€194k▲
Equity10/15€91k€154k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€89k€152k▲
Amounts payable17/49€32k€40k▲
Amounts payable within one year42/48€32k€40k▲
Trade debts44-€3k
Suppliers440/4-€3k
Taxes, remuneration and social security45€32k€36k▲
Taxes450/3€32k€27k▼
Remuneration and social security454/9-€9k
Other amounts payable47/48€73-
Income statement
Code20232024
Turnover70€159k-
Goods, raw materials, services and sundry goods60/61€45k-
Remuneration, social security and pensions62-€22k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€497€3k▲
Other operating charges640/8€19€84▲
Gross operating margin9900€113k€107k▼
Operating profit (loss)9901€113k€82k▼
Financial income75/76B-€260
Recurring financial income75-€260
Financial charges65/66B€70€140▲
Recurring financial charges65€70€140▲
Profit (loss) for the period before taxes9903€113k€82k▼
Income taxes67/77€24k€18k▼
Profit (loss) for the period9904€89k€64k▼
Profit (loss) for the period to be appropriated9905€89k€64k▼
Appropriation of the result
Profit (loss) to be appropriated9906€89k€152k▲
Profit (loss) brought forward from the previous period14P-€89k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €154k ▲70.5%
2 profitable years in a row build equity to €154k.
04-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Oudergem · 1 establishment unit since 2023
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.
Visserijstraat 701160 OudergemGround area
142 m²
Building footprint
54 m²
Volume, LiDAR
539 m³
Parcel 21002A0066/00V010, Brussels · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VAN CORTLANDT GROUP
since 20232.343.176.243
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21002A0066/00V010 | Brussels | 142 m² | 1 · 54 m² | 12.2 m · 3 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
PROMETHEE ENGINEERING
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EMCE
BE 0891.565.107
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ABGES
BE 0524.681.512
Sambreville · Eq €154,294
De Coster Management Services
BE 0877.014.711
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ALEURY
BE 0783.861.651
Lievegem · Eq €154,700
Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 7,117 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
82990Other business support services
63920Other information service activities
66290Activities auxiliary to financial services and insurance activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.