VAN-K
ActiveVAN-K has been active since 1961 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €21k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 69% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+9
Solvency90▲+19
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 6.5 against 3.5 in 2024; short-term debt: 14.9% and cash: 6.5% of total assets), and 35% 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
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 · 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
65%
Return on assets
42.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €32k
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
55 d late
2022
29 d late
2021
82 d late
2020
104 d late
2019
122 d late
← 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, micro schema
Turnover
€91k
EBIT margin
-10.5%
Net result
€21k▲ 57.7%
2024 · €13k
2018: €-15k
2019: €-24k
2020: €17k
2021: €9k
2022: €21k
2023: €-50k
2024: €13k
2018 → 2025
Working capital
€41k▲ 4.4%
2024 · €39k
2018: €58k
2019: €27k
2020: €38k
2021: €61k
2022: €77k
2023: €33k
2024: €39k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€62k▲ 49.7%€13k▼ 79.5%€26k▲ 106%€32k▲ 23.7%
Operating result€11k-€30k▲ 176%€-48k€17k€24k▲ 42.5%
Net result€9k-€21k▲ 137%€-50k€13k€21k▲ 57.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 43% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €50k
Fixed assets
€2k▼ 38.4%
Current assets
€48k▼ 11.8%
Equity and liabilities €50k
Equity
€32k▲ 23.7%
Debt
€17k▼ 43.8%
The debt ratio falls from 54.3% to 35.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▲
2024 · €17k
Cash flow
€22k▲
2024 · €14k
Solvency
65.0%▲
2024 · 45.7%
Current ratio
6.50▲
2024 · 3.50
Quick ratio
6.50▲
2024 · 3.50
Debt / equity
0.54▼
2024 · 1.19
ROE
65.5%▲
2024 · 51.3%
ROA
42.6%▲
2024 · 23.5%
Interest coverage
9.12▲
2024 · 5.12
Debt
€17k▼
2024 · €31k
Debt ≤ 1 year
€7k▼
2024 · €16k
Debt > 1 year
€10k▼
2024 · €15k
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€57k€50k▼
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€55k€48k▼
Amounts receivable within one year40/41€55k€45k▼
Trade receivables40€3k€3k▲
Other amounts receivable41€52k€41k▼
Cash at bank and in hand54/58-€3k
Deferred charges and accrued income490/1€98€512▲
Equity and liabilities
Total equity and liabilities10/49€57k€50k▼
Equity10/15€26k€32k▲
Contributions10/11€14k€14k=
Reserves13€17k€2k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€15k-
Profit (loss) carried forward14€-4k€17k▲
Amounts payable17/49€31k€17k▼
Amounts payable after more than one year17€15k€10k▼
Financial debts170/4€15k€10k▼
Amounts payable within one year42/48€16k€7k▼
Current portion of amounts payable after more than one year42€5k€5k▲
Financial debts43€9k-
Credit institutions430/8€9k-
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45-€750
Taxes450/3-€750
Accrued charges and deferred income492/3€25€25=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€373€941▲
Other operating charges640/8€449€1k▲
Gross operating margin9900€18k€26k▲
Operating profit (loss)9901€17k€24k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€13k€21k▲
Profit (loss) for the period9904€13k€21k▲
Profit (loss) for the period to be appropriated9905€13k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€17k▲
Profit (loss) brought forward from the previous period14P€-18k€-4k▲
The notes to these accounts (6 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 · micro schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial
Weakest financial yearnet €-50k ▼331%
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Highest result since 2018net €21k ▲137%
Operating result €30k, net result €21k, both a record.
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 82 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 8.30
Current ratio from 3.47 to 8.30; short-term debt falls from €15k to €8k.
12-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 104 days late
2020
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Oudergem · 1 establishment unit since 1961
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.
Oude Molenstraat 381160 OudergemGround area
130 m²
Building footprint
79 m²
Volume, LiDAR
976 m³
Parcel 21332B0236/00V002, Brussels · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Oude Molenstraat 38, 1160 Oudergem
since 19612.004.040.487
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0236/00V002 | Brussels | 130 m² | 1 · 79 m² | 14.5 m · 4 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 4,013 companies in sector 43310 we hold annual accounts for 1,745. 1,461 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-1961
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
43320Joinery installation
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.