VAN DE VOORDE ELS
ActiveVAN DE VOORDE ELS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €150k and a net result of €16k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 67% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77=
Solvency86▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.52 against 2.8 in 2023; short-term debt: 37.4% and cash: 2.3% of total assets), and 38.5% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
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 06-05-2025, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
86 d early
2023
19 d late
2022
29 d late
2021
4 d late
2020
25 d late
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€150k▼ 5.8%
2023 · €160k
2018: €86k
2019: €111k
2020: €134k
2021: €167k
2022: €183k
2023: €160k
2018 → 2024
Total assets
€245k▲ 3.5%
2023 · €236k
2018: €105k
2019: €130k
2020: €167k
2021: €222k
2022: €226k
2023: €236k
2018 → 2024
Net result
€16k▲ 6.3%
2023 · €15k
2018: €-2k
2019: €25k
2020: €24k
2021: €33k
2022: €15k
2023: €15k
2018 → 2024
Working capital
€139k▲ 2.2%
2023 · €136k
2018: €80k
2019: €110k
2020: €133k
2021: €123k
2022: €150k
2023: €136k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€134k-€167k▲ 24.6%€183k▲ 9.2%€160k▼ 12.7%€150k▼ 5.8%
Operating result€34k-€38k▲ 13.5%€22k▼ 43.5%€22k▲ 2.5%€23k▲ 5.3%
Net result€24k-€33k▲ 39.1%€15k▼ 53.5%€15k▼ 3.8%€16k▲ 6.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 5% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €245k
Fixed assets
€15k▼ 42.1%
Current assets
€230k▲ 9.0%
Equity and liabilities €245k
Equity
€150k▼ 5.8%
Debt
€94k▲ 23.0%
The debt ratio rises from 32.5% to 38.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€34k▲
2023 · €33k
Cash flow
€26k▲
2023 · €26k
Solvency
61.5%▼
2023 · 67.5%
Current ratio
2.52▼
2023 · 2.80
Quick ratio
2.52▼
2023 · 2.80
Debt / equity
0.63▲
2023 · 0.48
ROE
10.5%▲
2023 · 9.3%
ROA
6.4%▲
2023 · 6.3%
Interest coverage
18.18▼
2023 · 21.35
Debt
€94k▲
2023 · €77k
Debt ≤ 1 year
€91k▲
2023 · €75k
Income taxes
€7k▲
2023 · €6k
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€236k€245k▲
Fixed assets21/28€25k€15k▼
Tangible fixed assets22/27€25k€15k▼
Plant, machinery and equipment23€111€0▼
Furniture and vehicles24€25k€15k▼
Current assets29/58€211k€230k▲
Amounts receivable within one year40/41€22k€30k▲
Trade receivables40€21k€28k▲
Other amounts receivable41€1k€2k▲
Current investments50/53€182k€194k▲
Cash at bank and in hand54/58€5k€6k▲
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€236k€245k▲
Equity10/15€160k€150k▼
Contributions10/11€19k€19k=
Reserves13€141k€132k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€141k€132k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€77k€94k▲
Amounts payable within one year42/48€75k€91k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€8k€8k▲
Taxes450/3€8k€8k▲
Other amounts payable47/48€65k€82k▲
Accrued charges and deferred income492/3€1k€3k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Other operating charges640/8€711€1k▲
Gross operating margin9900€34k€35k▲
Operating profit (loss)9901€22k€23k▲
Financial income75/76B€548€802▲
Recurring financial income75€548€802▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€21k€22k▲
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€15k€16k▲
Profit (loss) for the period to be appropriated9905€15k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€16k▲
Transfer from equity791/2€38k€25k▼
Transfer to equity691/2€15k€16k▲
To other reserves6921€15k€16k▲
Profit to be distributed694/7€38k€25k▼
Return on contributions (dividend)694€38k€25k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Highest result since 2018net €33k ▲39.1%
Operating result €38k, net result €33k, both a record.
31-12
Financial
Equity above €150kEq €167k ▲24.6%
3 profitable years in a row build equity to €167k.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
31-12
Financial
Equity above €100kEq €111k ▲29.5%
Equity rises from €86k to €111k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Waasmunster · 1 establishment unit since 2012
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.
Gentstraat 559250 WaasmunsterGround area
1,309 m²
Building footprint
228 m²
Volume, LiDAR
1,069 m³
Parcel 42342C0758/00F000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAN DE VOORDE ELS
since 20122.209.673.064
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42342C0758/00F000 | Flanders | 1,309 m² | 1 · 228 m² | 8.8 m · 2 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.
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Of 4,426 companies in sector 46180 we hold annual accounts for 1,886. 1,400 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-05-2012
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.