VAN SASSENBROUCK

Active

Private limited companyfounded 199036 yrs activePeter Benoitlaan 36, 9050 Gent, BelgiumKBO/BCE: BE 0440.835.801

VAN SASSENBROUCK has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €963k and a net result of €190. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 2024 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

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Checked score

Score 2024

87 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability69▼-1

Solvency100=

Growth78=

Track record100

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €80k at 30 days acceptable

Liquidity ample (current ratio 25.48 against 18.09 in 2023; short-term debt: 2.7% and cash: 41.7% of total assets), and 2.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 77

Relative position

BE, all sectors

reference

Sector 77

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

97.3%

Return on assets

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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 filings

Deviation from the deadline

2025

not confirmed

2024

26 d late

2023

57 d late

2022

59 d late

2021

100 d early

2020

27 d late

2019

7 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€67k

EBIT margin

-12.4%

Net result

€190▼ 98.6%

2023 · €13k

2018: €-12k 2019: €-37k 2020: €-8k 2021: €-10k 2022: €8k 2023: €13k

2018 → 2024

Working capital

€656k▲ 2.7%

2023 · €638k

2018: €-31k 2019: €-41k 2020: €-15k 2021: €7k 2022: €613k 2023: €638k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€26k-€16k▼ 37.5%€949k▲ 5,702%€963k▲ 1.4%€963k=

Operating result€241-€-3k€878€11k▲ 1,138%€-3k

Net result€-8k-€-10k▼ 28.6%€8k€13k▲ 78.4%€190▼ 98.6%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €3k after €11k in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €990k

31.1%

68.9%

Fixed assets €308k▼ 5.5%

Current assets €682k▲ 1.0%

Equity and liabilities €990k

97.3%

Equity €963k=

Debt €27k▼ 29.6%

The debt ratio falls from 3.8% to 2.7%. Debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€14k▼

2023 · €28k

Cash flow

€18k▼

2023 · €31k

Solvency

97.3%▲

2023 · 96.2%

Current ratio

25.48▲

2023 · 18.09

Quick ratio

25.48▲

2023 · 18.09

Debt / equity

0.03▼

2023 · 0.04

ROE

0.0%▼

2023 · 1.4%

ROA

0.0%▼

2023 · 1.3%

Interest coverage

194.51▼

2023 · 389.57

Debt

€27k▼

2023 · €38k

Debt ≤ 1 year

€27k▼

2023 · €37k

Income taxes

€3k▼

2023 · €5k

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€1.00M€990k▼

Fixed assets21/28€325k€308k▼

Tangible fixed assets22/27€325k€308k▼

Land and buildings22€229k€213k▼

Furniture and vehicles24€7k€5k▼

Other tangible fixed assets26€90k€90k=

Current assets29/58€676k€682k▲

Amounts receivable within one year40/41€275k€270k▼

Trade receivables40€15k€10k▼

Other amounts receivable41€260k€260k=

Cash at bank and in hand54/58€400k€413k▲

Deferred charges and accrued income490/1€627€0▼

Equity and liabilities

Total equity and liabilities10/49€1.00M€990k▼

Equity10/15€963k€963k=

Contributions10/11€104k€104k=

Reserves13€871k€871k=

Distributable reserves133€871k€871k=

Profit (loss) carried forward14€-12k€-12k▲

Amounts payable17/49€38k€27k▼

Amounts payable within one year42/48€37k€27k▼

Trade debts44€350€242▼

Suppliers440/4€350€242▼

Taxes, remuneration and social security45€6k€10k▲

Taxes450/3€6k€10k▲

Other amounts payable47/48€31k€17k▼

Accrued charges and deferred income492/3€695€0▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k▲

Other operating charges640/8€7k€9k▲

Gross operating margin9900€36k€24k▼

Operating profit (loss)9901€11k€-3k▼

Financial income75/76B€8k€7k▼

Recurring financial income75€8k€7k▼

Financial charges65/66B€73€74▲

Recurring financial charges65€73€74▲

Profit (loss) for the period before taxes9903€19k€3k▼

Income taxes67/77€5k€3k▼

Profit (loss) for the period9904€13k€190▼

Profit (loss) for the period to be appropriated9905€13k€190▼

Appropriation of the result

Profit (loss) to be appropriated9906€-12k€-12k▲

Profit (loss) brought forward from the previous period14P€-26k€-12k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 15Financial 5Filings 10

2025

26-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 26 days late

2024

26-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 57 days late

2023

31-12

Financial Highest result since 2018net €13k ▲78.4%

Operating result €11k, net result €13k, both a record.

28-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 59 days late

2022

31-12

Financial Back to profitnet €8k

Net result €8k after 4 loss-making years.

31-12

Financial Liquidity times 13current ratio 14.41

Current ratio from 1.09 to 14.41; short-term debt falls from €76k to €46k.

31-12

Financial Equity above €500kEq €949k ▲5702%

Equity rises from €16k to €949k.

22-04

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

27-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 27 days late

2020

24-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Weakest financial yearnet €-37k

Net result drops to €-37k, the lowest in the series; recovery starts the following year.

28-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 28 days late

2018

13-10

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 74 days late

2017

31-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 31 days late

2016

22-07

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Gent · 1 establishment unit since 1990

establishment The establishment unit on the map

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.

Peter Benoitlaan 369050 Gent

Ground area

374 m²

Parcel 44363B0438/00D009, Flanders. Linked by address, not a title deed.

1 establishment unit

VAN SASSENBROUCK

Peter Benoitlaan 36, 9050 GentFreight transport by road

since 19902.049.163.107

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44363B0438/00D009	Flanders	374 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.

Similar companies · same sector, comparable size

KP & CO EXPRESS SERVICE

BE 0880.746.538

Landen · Eq €976k

COESENS RENTING SERVICE

BE 0474.199.940

Geraardsbergen · Eq €939k

Of 1,443 companies in sector 77110 we hold annual accounts for 726. 364 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded29-05-1990

Fiscal year end31-12

Activities, NACEBEL

77110Renting and leasing of cars and light motor vehicles

52250Logistics services

52290Warehousing and support activities for transportation

Sources

Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.