VAN SAEN JOHAN
ActiveVAN SAEN JOHAN has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138k and a net result of €43k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 36% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+57
Solvency59▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.27 against 2.45 in 2024; short-term debt: 11.8% and cash: 14% of total assets), but 65.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
34.3%
Return on assets
10.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
31 d early
2023
61 d late
2022
31 d late
2021
31 d late
2020
31 d early
2019
31 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, micro schema
Equity
€138k▲ 43.2%
2024 · €97k
2018: €36k
2019: €40k
2020: €27k
2021: €104k
2022: €139k
2023: €114k
2024: €97k
2018 → 2025
Total assets
€404k▲ 27.5%
2024 · €317k
2018: €103k
2019: €227k
2020: €290k
2021: €394k
2022: €450k
2023: €479k
2024: €317k
2018 → 2025
Net result
€43k
2024 · €-17k
2018: €9k
2019: €5k
2020: €-12k
2021: €98k
2022: €47k
2023: €-11k
2024: €-17k
2018 → 2025
Working capital
€60k▲ 141%
2024 · €25k
2018: €69k
2019: €146k
2020: €157k
2021: €286k
2022: €89k
2023: €161k
2024: €25k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€104k-€139k▲ 33.5%€114k▼ 17.8%€97k▼ 15.2%€138k▲ 43.2%
Operating result€130k-€70k▼ 46.0%€-3k€-11k▼ 269%€65k
Net result€98k-€47k▼ 52.1%€-11k€-17k▼ 58.0%€43k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €65k after a loss of €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €404k
Fixed assets
€296k▲ 7.8%
Current assets
€108k▲ 155%
Equity and liabilities €404k
Equity
€138k▲ 43.2%
Debt
€265k▲ 20.6%
The debt ratio falls from 69.5% to 65.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€91k▲
2024 · €11k
Cash flow
€70k▲
2024 · €4k
Solvency
34.3%▲
2024 · 30.5%
Current ratio
2.27▼
2024 · 2.45
Quick ratio
2.22▼
2024 · 2.31
Debt / equity
1.92▼
2024 · 2.28
ROE
31.4%▲
2024 · -17.9%
ROA
10.7%▲
2024 · -5.5%
Interest coverage
11.30▲
2024 · 1.62
Debt
€265k▲
2024 · €220k
Debt ≤ 1 year
€48k▲
2024 · €17k
Debt > 1 year
€218k▲
2024 · €203k
Income taxes
€14k▲
2024 · €168
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€317k€404k▲
Fixed assets21/28€275k€296k▲
Tangible fixed assets22/27€275k€296k▲
Land and buildings22€252k€242k▼
Plant, machinery and equipment23€23k€17k▼
Furniture and vehicles24-€37k
Current assets29/58€42k€108k▲
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€23k€49k▲
Trade receivables40€9k€13k▲
Other amounts receivable41€14k€36k▲
Cash at bank and in hand54/58€17k€56k▲
Equity and liabilities
Total equity and liabilities10/49€317k€404k▲
Equity10/15€97k€138k▲
Contributions10/11€19k€19k=
Reserves13€108k€120k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€106k€120k▲
Profit (loss) carried forward14€-30k-
Amounts payable17/49€220k€265k▲
Amounts payable after more than one year17€203k€218k▲
Financial debts170/4€203k€218k▲
Amounts payable within one year42/48€17k€48k▲
Current portion of amounts payable after more than one year42€13k-
Trade debts44€4k€33k▲
Suppliers440/4€4k€33k▲
Taxes, remuneration and social security45€168€15k▲
Taxes450/3€168€15k▲
Other amounts payable47/48€469€52▼
Income statement
Code20242025
Non-recurring operating income76A-€46k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€26k▲
Other operating charges640/8€4k€8k▲
Gross operating margin9900€15k€99k▲
Operating profit (loss)9901€-11k€65k▲
Financial income75/76B-€76
Recurring financial income75-€76
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€-17k€57k▲
Income taxes67/77€168€14k▲
Profit (loss) for the period9904€-17k€43k▲
Profit (loss) for the period to be appropriated9905€-17k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€13k▲
Profit (loss) brought forward from the previous period14P€-13k€-30k▼
Transfer from equity791/2-€2k
Transfer to equity691/2-€13k
To other reserves6921-€13k
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €43k
Net result €43k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €138k ▲43.2%
Equity rises from €97k to €138k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 6.09
Current ratio from 2.81 to 6.09; short-term debt falls from €49k to €32k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €98k
Net result €98k after one loss-making year.
31-12
Financial
Equity above €100kEq €104k ▲283%
Equity rises from €27k to €104k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 5current ratio 27.30
Current ratio from 5.17 to 27.30; short-term debt falls from €17k to €6k.
30-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
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
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
26-01-2024
Resigned as Manager
Location & real-estate footprint
Registered office, Sint-Lievens-Houtem · 1 establishment unit since 2007
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.
Keiberg 749521 Sint-Lievens-HoutemGround area
220 m²
Building footprint
170 m²
Volume, LiDAR
1,006 m³
Parcel 41036B0122/00G000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAN SAEN JOHAN
since 20072.158.590.488
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41036B0122/00G000 | Flanders | 220 m² | 1 · 170 m² | 11.2 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
2023 · 1 entry · 227 EUR awarded · 227 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 227 EUR | 227 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,270 companies in sector 43230 we hold annual accounts for 1,240. 1,029 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-12-2006
Fiscal year end31-12
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
43120Site preparation
43310Plastering work
43990Other specialised construction activities
43999Specialised construction activities
45112
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 19 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.