VAN DER VENNET
ActiveVAN DER VENNET has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.05M and a net result of €302k. Equity is growing by ~34.2% per year across the filed fiscal years. Its solvency ranks better than 91% of 9039 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-25
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €400k at 30 days acceptable
Liquidity ample (current ratio 10.3 against 4.74 in 2023; short-term debt: 5.8% and cash: 11.4% of total assets), and 12.1% 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 46
Relative position
BE, all sectors
reference
Sector 46
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 2024Solvency, return and age of the figures
Solvency
87.9%
Return on assets
5.3%
Age of the figures
21 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 26-02-2025, 155 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
155 d early
2023
9 d early
2022
44 d late
2021
33 d late
2020
17 d early
2019
45 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€5.05M▲ 6.4%
2023 · €4.75M
2018: €865k
2019: €865k
2020: €1.18M
2021: €1.37M
2022: €1.40M
2023: €4.75M
2018 → 2024
Total assets
€5.74M▼ 2.6%
2023 · €5.90M
2018: €5.30M
2019: €5.41M
2020: €5.21M
2021: €5.72M
2022: €5.77M
2023: €5.90M
2018 → 2024
Net result
€302k▼ 91.0%
2023 · €3.35M
2018: €79k
2019: €203k
2020: €314k
2021: €487k
2022: €33k
2023: €3.35M
2018 → 2024
Working capital
€3.11M▲ 11.0%
2023 · €2.80M
2018: €788k
2019: €668k
2020: €987k
2021: €967k
2022: €817k
2023: €2.80M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.18M-€1.37M▲ 15.8%€1.40M▲ 2.4%€4.75M▲ 239%€5.05M▲ 6.4%
Operating result€475k-€610k▲ 28.6%€140k▼ 77.0%€4.54M▲ 3,134%€421k▼ 90.7%
Net result€314k-€487k▲ 55.0%€33k▼ 93.1%€3.35M▲ 9,933%€302k▼ 91.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 91% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.74M
Fixed assets
€2.30M▼ 2.1%
Current assets
€3.44M▼ 2.9%
Equity and liabilities €5.74M
Equity
€5.05M▲ 6.4%
Provisions
€339k▼ 3.3%
Debt
€355k▼ 55.6%
The debt ratio falls from 13.6% to 6.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€518k▼
2023 · €4.83M
Cash flow
€398k▼
2023 · €3.64M
Solvency
87.9%▲
2023 · 80.5%
Current ratio
10.30▲
2023 · 4.74
Quick ratio
6.20▲
2023 · 2.84
Debt / equity
0.07▼
2023 · 0.17
ROE
6.0%▼
2023 · 70.5%
ROA
5.3%▼
2023 · 56.8%
Interest coverage
13.53▼
2023 · 54.18
Debt
€355k▼
2023 · €800k
Debt ≤ 1 year
€334k▼
2023 · €748k
Debt > 1 year
€21k▼
2023 · €50k
Income taxes
€119k▼
2023 · €750k
Staff costs
€567k▼
2023 · €644k
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€5.90M€5.74M▼
Fixed assets21/28€2.35M€2.30M▼
Tangible fixed assets22/27€2.35M€2.30M▼
Land and buildings22€2.25M€2.22M▼
Plant, machinery and equipment23€33k€40k▲
Furniture and vehicles24€64k€43k▼
Financial fixed assets28€2k€2k=
Current assets29/58€3.55M€3.44M▼
Stocks and contracts in progress3€1.42M€1.37M▼
Stocks30/36€1.42M€1.37M▼
Amounts receivable within one year40/41€548k€194k▼
Trade receivables40€374k€126k▼
Other amounts receivable41€175k€68k▼
Current investments50/53€700k€1.00M▲
Cash at bank and in hand54/58€872k€656k▼
Deferred charges and accrued income490/1€2k€222k▲
Equity and liabilities
Total equity and liabilities10/49€5.90M€5.74M▼
Equity10/15€4.75M€5.05M▲
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€1.84M€1.80M▼
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€1.05M€1.02M▼
Distributable reserves133€778k€778k=
Profit (loss) carried forward14€2.83M€3.17M▲
Provisions and deferred taxes16€350k€339k▼
Deferred taxes168€350k€339k▼
Amounts payable17/49€800k€355k▼
Amounts payable after more than one year17€50k€21k▼
Financial debts170/4€50k€21k▼
Amounts payable within one year42/48€748k€334k▼
Current portion of amounts payable after more than one year42€28k€30k▲
Financial debts43€300k-
Credit institutions430/8€300k-
Trade debts44€206k€135k▼
Suppliers440/4€206k€135k▼
Taxes, remuneration and social security45€214k€149k▼
Taxes450/3€115k€49k▼
Remuneration and social security454/9€99k€101k▲
Other amounts payable47/48-€20k
Accrued charges and deferred income492/3€2k€43▼
Income statement
Code20232024
Non-recurring operating income76A€3.94M-
Remuneration, social security and pensions62€644k€567k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€291k€96k▼
Other operating charges640/8€55k€37k▼
Gross operating margin9900€5.53M€1.12M▼
Operating profit (loss)9901€4.54M€421k▼
Financial income75/76B€52k€26k▼
Recurring financial income75€52k€26k▼
Financial charges65/66B€148k€38k▼
Recurring financial charges65€89k€38k▼
Non-recurring financial charges66B€59k-
Profit (loss) for the period before taxes9903€4.45M€409k▼
Transfer from deferred taxes780€4k€12k▲
Transfer to deferred taxes680€354k-
Income taxes67/77€750k€119k▼
Profit (loss) for the period9904€3.35M€302k▼
Transfer from tax-exempt reserves789€11k€35k▲
Transfer to tax-exempt reserves689€1.06M-
Profit (loss) for the period to be appropriated9905€2.30M€337k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.83M€3.17M▲
Profit (loss) brought forward from the previous period14P€536k€2.83M▲
Social balance
Average headcount (FTE)908711.29.2▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 10.30
Current ratio from 4.74 to 10.30; short-term debt falls from €748k to €334k.
31-12
Financial
Equity above €5MEq €5.05M ▲6.4%
7 profitable years in a row build equity to €5.05M.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €3.35M ▲9933%
Operating result €4.54M, net result €3.35M, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.74
Current ratio from 1.39 to 4.74; short-term debt falls from €2.11M to €748k.
31-12
Financial
Equity above €2MEq €4.75M ▲239%
6 profitable years in a row build equity to €4.75M.
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 44 days late
2022
31-12
Financial
Weakest financial yearnet €33k ▼93.1%
Net result drops to €33k, the lowest in the series; recovery starts the following year.
02-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 33 days late
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €1MEq €1.18M ▲36.3%
3 profitable years in a row build equity to €1.18M.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 45 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Brugge · 2 establishment units 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.
Pastoriestraat 1278200 BruggeGround area
5.6 ha
Building footprint
2.0 ha
Volume, LiDAR
150,234 m³
2 parcels, Brussels, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
NV VAN DER VENNET
since 19872.031.353.511
Cash & Carry Van Der Vennet
since 20142.225.579.678
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819D0241/00M000 | Brussels | 5.6 ha | 1 · 2.0 ha | 11.3 m · 2 fl. |
| 31425C0113/00G010 | Flanders | 554 m² | 1 · 369 m² | 11.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,170 companies in sector 46499 we hold annual accounts for 743. 295 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-11-1987
Fiscal year end31-12
Activities, NACEBEL
46220Wholesale trade
46499Wholesale of other household goods
51478
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.