VAN DER AA
ActiveVAN DER AA has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.85M and a net result of €167k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 7719 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-6
Solvency100▲+12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 10.77 against 2.33 in 2024; short-term debt: 7.4% and cash: 63.2% of total assets), and 9.8% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
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
90.2%
Return on assets
8.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
65 d early
2024
50 d early
2023
55 d early
2022
62 d early
2021
54 d early
2020
39 d early
2019
57 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.85M▲ 9.8%
2024 · €1.69M
2018: €1.28M
2019: €1.51M
2020: €1.37M
2021: €1.55M
2022: €1.82M
2023: €2.05M
2024: €1.69M
2018 → 2025
Total assets
€2.06M▼ 22.9%
2024 · €2.67M
2018: €1.97M
2019: €2.17M
2020: €2.30M
2021: €2.43M
2022: €2.43M
2023: €2.59M
2024: €2.67M
2018 → 2025
Net result
€167k▼ 51.4%
2024 · €343k
2018: €352k
2019: €373k
2020: €318k
2021: €289k
2022: €290k
2023: €518k
2024: €343k
2018 → 2025
Working capital
€1.48M▲ 25.2%
2024 · €1.19M
2018: €1.06M
2019: €1.25M
2020: €1.19M
2021: €1.43M
2022: €1.62M
2023: €1.74M
2024: €1.19M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.55M-€1.82M▲ 17.3%€2.05M▲ 12.2%€1.69M▼ 17.4%€1.85M▲ 9.8%
Operating result€395k-€382k▼ 3.1%€718k▲ 87.7%€423k▼ 41.1%€239k▼ 43.4%
Net result€289k-€290k▲ 0.2%€518k▲ 78.9%€343k▼ 33.8%€167k▼ 51.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 43% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.06M
Fixed assets
€420k▼ 28.6%
Current assets
€1.64M▼ 21.3%
Equity and liabilities €2.06M
Equity
€1.85M▲ 9.8%
Debt
€202k▼ 79.3%
The debt ratio falls from 36.6% to 9.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€422k▼
2024 · €597k
Cash flow
€349k▼
2024 · €517k
Solvency
90.2%▲
2024 · 63.4%
Current ratio
10.77▲
2024 · 2.33
Quick ratio
9.40▲
2024 · 2.15
Debt / equity
0.11▼
2024 · 0.58
ROE
9.0%▼
2024 · 20.3%
ROA
8.1%▼
2024 · 12.9%
Interest coverage
156.72▼
2024 · 191.48
Debt
€202k▼
2024 · €977k
Debt ≤ 1 year
€152k▼
2024 · €893k
Debt > 1 year
€46k▼
2024 · €81k
Income taxes
€83k▼
2024 · €128k
Staff costs
€593k▲
2024 · €541k
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€2.67M€2.06M▼
Fixed assets21/28€588k€420k▼
Tangible fixed assets22/27€587k€419k▼
Land and buildings22€40k€25k▼
Plant, machinery and equipment23€283k€224k▼
Furniture and vehicles24€265k€170k▼
Financial fixed assets28€983€983=
Current assets29/58€2.08M€1.64M▼
Stocks and contracts in progress3€155k€209k▲
Stocks30/36€128k€160k▲
Contracts in progress37€27k€49k▲
Amounts receivable within one year40/41€101k€103k▲
Trade receivables40€47k€56k▲
Other amounts receivable41€54k€47k▼
Current investments50/53€1.00M-
Cash at bank and in hand54/58€812k€1.30M▲
Deferred charges and accrued income490/1€10k€24k▲
Equity and liabilities
Total equity and liabilities10/49€2.67M€2.06M▼
Equity10/15€1.69M€1.85M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.63M€1.79M▲
Non-distributable reserves130/1€42k€42k=
Legal reserve130€42k€42k=
Distributable reserves133€1.59M€1.75M▲
Amounts payable17/49€977k€202k▼
Amounts payable after more than one year17€81k€46k▼
Financial debts170/4€81k€46k▼
Amounts payable within one year42/48€893k€152k▼
Current portion of amounts payable after more than one year42€34k€35k▲
Trade debts44€108k€61k▼
Suppliers440/4€108k€61k▼
Taxes, remuneration and social security45€88k€39k▼
Taxes450/3€55k€25k▼
Remuneration and social security454/9€34k€15k▼
Other amounts payable47/48€662k€16k▼
Accrued charges and deferred income492/3€3k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€541k€593k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€174k€182k▲
Other operating charges640/8€4k€7k▲
Gross operating margin9900€1.14M€1.02M▼
Operating profit (loss)9901€423k€239k▼
Financial income75/76B€52k€13k▼
Recurring financial income75€37k€13k▼
Non-recurring financial income76B€15k-
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€471k€250k▼
Income taxes67/77€128k€83k▼
Profit (loss) for the period9904€343k€167k▼
Profit (loss) for the period to be appropriated9905€343k€167k▼
Appropriation of the result
Profit (loss) to be appropriated9906€343k€167k▼
Transfer from equity791/2€528k€2k▼
Transfer to equity691/2€171k€167k▼
To other reserves6921€171k€167k▼
Profit to be distributed694/7€700k€2k▼
Return on contributions (dividend)694€700k€2k▼
Social balance
Average headcount (FTE)90879.08.0▼
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
Next filing, fiscal year 2026, expected by
2026
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-03
State Gazette act
Resignations & appointmentsGeneral meeting · Statutes amendment · Director resignation5 facts ▸
State Gazette act
Resignations & appointments
General meeting · Statutes amendment · Director resignation5 facts ▸
- General meeting, 9 maart 2026
- Statutes amendment
- Director resignation, WILAN INVEST (bestuurder)
- Director appointment, Bert Van der Aa (enige bestuurder)
- Mandate compensation, Bert Van der Aa
2025
31-12
Financial
Weakest financial yearnet €167k ▼51.4%
Net result drops to €167k, the lowest in the series.
31-12
Financial
Liquidity times 5current ratio 10.77
Current ratio from 2.33 to 10.77; short-term debt falls from €893k to €152k.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €518k ▲78.9%
Operating result €718k, net result €518k, both a record.
31-12
Financial
Equity above €2MEq €2.05M ▲12.2%
6 profitable years in a row build equity to €2.05M.
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2026
Van der Aa Bert
CurrentEnige bestuurder · since 09-03-2026
09-03-2026
Van der Aa Bert: Appointed as Enige bestuurder
02-12-2024
WILAN INVEST: Resigned as Director
31-08-2015
Van Der Aa Gino: Resigned as Director
Location & real-estate footprint
Registered office, Sint-Gillis-Waas · 1 establishment unit since 1985
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.
Dagsterrestraat(SGW) 219170 Sint-Gillis-WaasGround area
234 m²
Building footprint
89 m²
Volume, LiDAR
562 m³
Parcel 46020D0714/00K000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dagsterrestraat(SGW) 21, 9170 Sint-Gillis-Waas
since 19852.026.430.661
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46020D0714/00K000 | Flanders | 234 m² | 1 · 89 m² | 9.6 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 600 EUR awarded · 560 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 190 EUR | 189 EUR |
| 2024 | 1 | 99 EUR | 60 EUR |
| 2023 | 1 | 38 EUR | 38 EUR |
| 2022 | 1 | 273 EUR | 273 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 20,030 companies in sector 43320 we hold annual accounts for 9,135. 2,992 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-01-1985
Fiscal year end31-12
Activities, NACEBEL
31002Manufacture of furniture
36130
43320Joinery installation
45421
45422
47551Retail sale of household furniture
47591Retail trade
52441
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.