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VAN SCANDIC

Active
Private limited companyfounded 20196 yrs activeKBO/BCE: BE 0739.778.913
Summary

The computed 12-month bankruptcy probability of VAN SCANDIC is ≥ 25% (high). For VAN SCANDIC, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€30,934) and a net result of -€5,985. Equity is shrinking by ~39.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 5601 sector peers (fiscal year 2022). The company has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 3 administrative register entries (see administrative flags).

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0=
Solvency0=
Growth38▲+16
Track record76
Bankruptcy probability, 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%
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Signals

Eight signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022
Solvency, return and age of the figures
Solvency
-231.4%
Return on assets
-44.8%
Age of the figures
45 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-10-2023, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
92 d late
2021
152 d late
2020
153 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 132 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
3 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struck×2Function strikeout

History

On 18 December 2019, VAN SCANDIC was incorporated as a Private limited company.1 Revenue went from EUR 30,750 in 2020 to EUR 18,500 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2022

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Financials · fiscal year 2022, micro schema

Turnover
€18,500▼ 6.9%
2021 · €19,875
EBIT margin
-31.5%▲ 37.9pp
2021 · -69.4%
Net result
-€5,985▲ 57.1%
2021 · -€13,949
Working capital
-€42,156▼ 6.7%
2021 · -€39,504
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202020212022
Turnover€30,750-€19,875▼ 35.4%€18,500▼ 6.9%
Operating result-€13,251--€13,791▼ 4.1%-€5,822▲ 57.8%
Net result-€13,260below the sector's middle half--€13,949below the sector's middle half▼ 5.2%-€5,985below the sector's middle half▲ 57.1%
EBIT margin-43.1%--69.4%▼ 26.3pp-31.5%▲ 37.9pp
Equity-€11,000below the sector's middle half--€24,949below the sector's middle half▼ 127%-€30,934below the sector's middle half▼ 24.0%
Total assets€54,276within the sector's middle half-€26,219below the sector's middle half▼ 51.7%€13,370below the sector's middle half▼ 49.0%
Debt€65,276-€51,168▼ 21.6%€44,303▼ 13.4%
Working capital-€52,772below the sector's middle half--€39,504below the sector's middle half▲ 25.1%-€42,156below the sector's middle half▼ 6.7%
Solvency-20.3%below the sector's middle half--95.2%below the sector's middle half▼ 74.9pp-231.4%below the sector's middle half▼ 136.2pp
Current ratio0.19below the sector's middle half-0.23below the sector's middle half▲ 0.040.05below the sector's middle half▼ 0.18
Return on assets (ROA)-24.4%below the sector's middle half--53.2%below the sector's middle half▼ 28.8pp-44.8%below the sector's middle half▲ 8.4pp
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2020: -€13,251-€13,251Net result 2020: -€13,260-€13,260Operating result 2021: -€13,791-€13,791Net result 2021: -€13,949-€13,949Operating result 2022: -€5,822-€5,822Net result 2022: -€5,985-€5,985202020212022-€15,000-€10,000-€5,000€0Operating result 2020: -€13,251-€13,300Net result 2020: -€13,260-€13,300Operating result 2021: -€13,791-€13,800Net result 2021: -€13,949-€13,900Operating result 2022: -€5,822-€5,820Net result 2022: -€5,985-€5,980202020212022
The operating result stays negative: a loss of €5,822 in 2022 against €13,791 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €13,370
Fixed assets €11,222 ▼ 22.9%
Current assets €2,148 ▼ 81.6%
Key figures and ratios
2022 value · change against 2021
EBITDA
-€2,488▲
2021 · -€10,458
Cash flow
-€2,651▲
2021 · -€10,616
Debt to equity
-1.43▲
2021 · -2.05
Interest coverage
-15.24▲
2021 · -66.28
Debt ≤ 1 year
€44,303▼
2021 · €51,168
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 36 lines
Balance sheet Code20212022
Assets
Total assets20/58€26,219€13,370▼
Fixed assets21/28€14,556€11,222▼
Tangible fixed assets22/27€5,556€2,222▼
Furniture and vehicles24€5,556€2,222▼
Financial fixed assets28€9,000€9,000=
Current assets29/58€11,663€2,148▼
Amounts receivable within one year40/41€6,971€1,638▼
Trade receivables40€1,983€1,620▼
Other amounts receivable41€4,988€18▼
Cash at bank and in hand54/58€3,192€510▼
Deferred charges and accrued income490/1€1,500-
Equity and liabilities
Total equity and liabilities10/49€26,219€13,370▼
Equity10/15-€24,949-€30,934▼
Contributions10/11€2,260€2,260=
Outside capital11€2,260€2,260=
Other1109/19€2,260€2,260=
Profit (loss) carried forward14-€27,209-€33,194▼
Amounts payable17/49€51,168€44,303▼
Amounts payable within one year42/48€51,168€44,303▼
Trade debts44€6,427€8,368▲
Suppliers440/4€6,427€8,368▲
Other amounts payable47/48€44,740€35,935▼
Income statement Code20212022
Turnover70€19,875€18,500▼
Goods, raw materials, services and sundry goods60/61€24,379€20,988▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,333€3,333=
Other operating charges640/8€70-
Non-recurring operating charges66A€5,883-
Gross operating margin9900-€4,504-€2,488▲
Operating profit (loss)9901-€13,791-€5,822▲
Financial charges65/66B€158€163▲
Recurring financial charges65€158€163▲
Profit (loss) for the period before taxes9903-€13,949-€5,985▲
Profit (loss) for the period9904-€13,949-€5,985▲
Profit (loss) for the period to be appropriated9905-€13,949-€5,985▲
Appropriation of the result
Profit (loss) to be appropriated9906-€27,209-€33,194▼
Profit (loss) brought forward from the previous period14P-€13,260-€27,209▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022Change
Turnover70€30,750€19,875€18,500▼ 6.9%
Goods, raw materials, services and sundry goods60/61-€24,379€20,988▼ 13.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,053€3,333€3,333=
Other operating charges640/8-€70--
Non-recurring operating charges66A-€5,883--
Gross operating margin9900€129-€4,504-€2,488▲ 44.8%
Operating profit (loss)9901-€13,251-€13,791-€5,822▲ 57.8%
Financial charges65/66B-€158€163▲ 3.5%
Recurring financial charges65€9€158€163▲ 3.5%
Profit (loss) for the period before taxes9903-€13,260-€13,949-€5,985▲ 57.1%
Profit (loss) for the period9904-€13,260-€13,949-€5,985▲ 57.1%
Profit (loss) for the period to be appropriated9905-€13,260-€13,949-€5,985▲ 57.1%
Line202020212022Change
Assets
Total assets20/58€54,276€26,219€13,370▼ 49.0%
Fixed assets21/28€41,772€14,556€11,222▼ 22.9%
Tangible fixed assets22/27€32,772€5,556€2,222▼ 60.0%
Furniture and vehicles24-€5,556€2,222▼ 60.0%
Financial fixed assets28€9,000€9,000€9,000=
Current assets29/58€12,504€11,663€2,148▼ 81.6%
Amounts receivable within one year40/41€9,862€6,971€1,638▼ 76.5%
Trade receivables40-€1,983€1,620▼ 18.3%
Other amounts receivable41-€4,988€18▼ 99.6%
Cash at bank and in hand54/58€2,643€3,192€510▼ 84.0%
Deferred charges and accrued income490/1-€1,500--
Equity and liabilities
Total equity and liabilities10/49€54,276€26,219€13,370▼ 49.0%
Equity10/15-€11,000-€24,949-€30,934▼ 24.0%
Contributions10/11€2,260€2,260€2,260=
Outside capital11-€2,260€2,260=
Other1109/19-€2,260€2,260=
Profit (loss) carried forward14-€13,260-€27,209-€33,194▼ 22.0%
Amounts payable17/49€65,276€51,168€44,303▼ 13.4%
Amounts payable within one year42/48€65,276€51,168€44,303▼ 13.4%
Trade debts44€52,335€6,427€8,368▲ 30.2%
Suppliers440/4-€6,427€8,368▲ 30.2%
Other amounts payable47/48-€44,740€35,935▼ 19.7%
Line202020212022Change
Profit (loss) for the period9904-€13,260-€13,949-€5,985▲ 57.1%
+ Depreciation and write-downs630€13,053€3,333€3,333=
Operating cash flow (approximation)-€207-€10,616-€2,651▲ 75.0%
Investment in fixed assets (approximation)-€23,883€0▼ 100%
Change in cash-€549-€2,682▼ 588%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
24-08
KBO administration Address struck
event 15-06-2026
21-08
KBO administration Function strikeout
event 06-08-2026
2025
05-09
KBO administration Address struck
2023
31-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
30-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
2021
31-12
Financial Weakest financial yearnet -€13,949
Net result drops to -€13,949, the lowest in the series; recovery starts the following year.
31-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Elsene · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
3.5 ha
Building footprint
6,207 m²
Volume, LiDAR
12,214 m³
2 parcels, Brussels, Wallonia · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
VAN SCANDIC
Freight transport by road
since 20202.297.099.362
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
91114D0004/00F002 Wallonia 3.4 ha 1 · 5,243 m² -
21009A0376/00C009 Brussels 1,111 m² 1 · 963 m² 19.2 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:0739778913
Registered 05-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.