VAN ISRAEL
ActiveVAN ISRAEL has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.50M and a net result of €374k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 21% of 4860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▲+30
Solvency45▲+3
Growth75▲+19
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity short (current ratio 0.87 against 0.84 in 2024; short-term debt: 67.5% and cash: 1.2% of total assets), and 80.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
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
19.6%
Return on assets
2.1%
Age of the figures
9 mo
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 →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 4860 sector peers (2025).
NBB · sector comparisonPosition among 4860 sector peers
Solvency
better than 21%
← weakest
strongest →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
21 d early
2023
6 d early
2022
4 d early
2021
24 d early
2020
24 d late
2019
46 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€23.84M▲ 22.2%
2024 · €19.51M
2019: €12.15M
2020: €21.01M
2021: €17.01M
2022: €22.11M
2023: €18.72M
2024: €19.51M
2019 → 2025
EBIT margin
3.6%▲ 5.2pp
2024 · -1.7%
2019: 5.2%
2020: 4.7%
2021: 3.1%
2022: -3.0%
2023: 4.5%
2024: -1.7%
2019 → 2025
Net result
€374k
2024 · €-1.05M
2019: €137k
2020: €216k
2021: €168k
2022: €-1.04M
2023: €155k
2024: €-1.05M
2019 → 2025
Working capital
€-1.54M▲ 23.4%
2024 · €-2.00M
2019: €-849k
2020: €-1.18M
2021: €-1.51M
2022: €-2.86M
2023: €-767k
2024: €-2.00M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€17.01M-€22.11M▲ 29.9%€18.72M▼ 15.3%€19.51M▲ 4.2%€23.84M▲ 22.2%
Equity€2.62M-€1.58M▼ 39.7%€1.74M▲ 9.8%€3.13M▲ 80.4%€3.50M▲ 11.9%
Operating result€528k-€-673k€850k€-325k€854k
Net result€168k-€-1.04M€155k€-1.05M€374k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €854k after a loss of €325k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.92M
Fixed assets
€7.36M▼ 5.9%
Current assets
€10.56M▲ 2.9%
Equity and liabilities €17.92M
Equity
€3.50M▲ 11.9%
Debt
€14.41M▼ 3.6%
The debt ratio falls from 82.7% to 80.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.59M▲
2024 · €466k
Cash flow
€1.11M▲
2024 · €-264k
Solvency
19.6%▲
2024 · 17.3%
Current ratio
0.87▲
2024 · 0.84
Quick ratio
0.13▲
2024 · 0.11
Debt / equity
4.11▼
2024 · 4.78
ROE
10.7%▲
2024 · -33.7%
ROA
2.1%▲
2024 · -5.8%
Interest coverage
3.93▲
2024 · 0.74
Debt
€14.41M▼
2024 · €14.95M
Debt ≤ 1 year
€12.09M▼
2024 · €12.26M
Debt > 1 year
€1.84M▼
2024 · €2.37M
Income taxes
€3k▼
2024 · €8k
Staff costs
€2.14M▲
2024 · €2.01M
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€18.08M€17.92M▼
Fixed assets21/28€7.82M€7.36M▼
Tangible fixed assets22/27€7.82M€7.36M▼
Land and buildings22€6.80M€6.59M▼
Plant, machinery and equipment23€852k€603k▼
Furniture and vehicles24€31k€90k▲
Leasing and similar rights25€139k€75k▼
Current assets29/58€10.26M€10.56M▲
Stocks and contracts in progress3€8.95M€9.04M▲
Stocks30/36€8.95M€9.04M▲
Raw materials and consumables30/31-€4.10M
Goods purchased for resale34€8.95M€4.94M▼
Contracts in progress37€0-
Amounts receivable within one year40/41€1.02M€1.25M▲
Trade receivables40€903k€1.20M▲
Other amounts receivable41€117k€49k▼
Cash at bank and in hand54/58€233k€210k▼
Deferred charges and accrued income490/1€57k€55k▼
Equity and liabilities
Total equity and liabilities10/49€18.08M€17.92M▼
Equity10/15€3.13M€3.50M▲
Contributions10/11€2.68M€2.68M=
Capital10€2.68M€2.68M=
Issued capital100€2.68M€2.68M=
Reserves13€549k€568k▲
Non-distributable reserves130/1€23k€41k▲
Legal reserve130€23k€41k▲
Distributable reserves133€526k€526k=
Profit (loss) carried forward14€-96k€259k▲
Amounts payable17/49€14.95M€14.41M▼
Amounts payable after more than one year17€2.37M€1.84M▼
Financial debts170/4€2.37M€1.84M▼
Leasing and similar obligations172€8k-
Credit institutions173€1.31M€1.01M▼
Other loans174€1.05M€833k▼
Amounts payable within one year42/48€12.26M€12.09M▼
Current portion of amounts payable after more than one year42€889k€520k▼
Financial debts43€6.38M€6.68M▲
Credit institutions430/8€4.00M€4.00M=
Other loans439€2.38M€2.68M▲
Trade debts44€4.73M€4.73M=
Suppliers440/4€4.73M€4.73M=
Taxes, remuneration and social security45€272k€170k▼
Taxes450/3€23k€4k▼
Remuneration and social security454/9€249k€166k▼
Accrued charges and deferred income492/3€320k€479k▲
Income statement
Code20242025
Operating income70/76A€19.68M€24.03M▲
Turnover70€19.51M€23.84M▲
Other operating income74€171k€178k▲
Non-recurring operating income76A-€16k
Operating charges60/66A€20.01M€23.18M▲
Goods for resale, raw materials and consumables60€10.76M€13.05M▲
Purchases600/8€11.92M€13.14M▲
Change in stocks: decrease (increase)609€-1.16M€-89k▲
Services and other goods61€6.35M€7.13M▲
Remuneration, social security and pensions62€2.01M€2.14M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€791k€734k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€21k▲
Other operating charges640/8€94k€105k▲
Operating profit (loss)9901€-325k€854k▲
Financial income75/76B€333€175▼
Recurring financial income75€333€175▼
Income from current assets751€2€32▲
Other financial income752/9€331€143▼
Financial charges65/66B€723k€477k▼
Recurring financial charges65€723k€477k▼
Debt charges650€631k€404k▼
Other financial charges652/9€92k€73k▼
Profit (loss) for the period before taxes9903€-1.05M€377k▲
Income taxes67/77€8k€3k▼
Taxes670/3€8k€3k▼
Profit (loss) for the period9904€-1.05M€374k▲
Profit (loss) for the period to be appropriated9905€-1.05M€374k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.05M€277k▲
Profit (loss) brought forward from the previous period14P-€-96k
Transfer from equity791/2€958k-
From reserves792€958k-
Transfer to equity691/2-€19k
To the legal reserve6920-€19k
Social balance
Average headcount (FTE)908727.027.5▲
The notes to these accounts (75 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €374k
Net result €374k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-1.05M ▼780%
Net result drops to €-1.05M, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €2MEq €3.13M ▲80.4%
Equity rises from €1.74M to €3.13M.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €155k
Net result €155k after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
13-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
12-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Geraardsbergen · 1 establishment unit since 1991
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.
Gaverstraat(Ove) 419500 GeraardsbergenGround area
9.3 ha
Building footprint
4,017 m²
Parcel 41056B0210/00V000, Flanders. Linked by address, not a title deed.
1 establishment unit
VAN ISRAEL NV
since 19912.051.704.111
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41056B0210/00V000 | Flanders | 9.3 ha | 1 · 4,017 m² | - |
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.
Structure & network
Group per the LEI register
1 parent companyParent company:GROUP DE CEUSTER
Recognitions · licences · registrations
Food safety, FASFC
1 siteGeraardsbergen2.051.704.111
Legal Entity Identifier
984500137A1E5CZB1315
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Of 689 companies in sector 46216 we hold annual accounts for 476. 325 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-01-1991
Fiscal year end31-12
Activities, NACEBEL
20150Manufacture of chemicals and chemical products
24152
46216Wholesale of agricultural produce and animal feed, general range
51210
47639Retail sale of other sporting goods
47640Retail trade
49410Freight transport by road
52482
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.