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VANABO

Active
Private limited companyfounded 198343 yrs activeRobert Tavernierlaan 1, 8700 Tielt, BelgiumKBO/BCE: BE 0424.195.252
Summary

VANABO has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,676 and a net result of €32,839. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability44▲+6
Solvency27▲+2
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 40.39 against 1.01 in 2024; short-term debt: 2.5% and cash: 3.9% of total assets), but 98% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · 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
highest failure risk from 2 to 8 years 43 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
2%
Return on assets
2.5%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 d early
2024
28 d early
2023
23 d early
2022
25 d early
2021
30 d early
2020
38 d early
2019
24 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 28 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 6 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 29 June 1983, VANABO was incorporated.1 Total assets went from EUR 1.1 million in 2018 to EUR 1.3 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€26,676
2024 · -€6,162
Total assets
€1.3m▲ 2.6%
2024 · €1.3m
Net result
€32,839▲ 636%
2024 · €4,462
Working capital
€1.3m▲ 15,238%
2024 · €8,421
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€17,790▲ 76.0%€1,782-€4,574-€1,795▲ 60.8%-€3,407▼ 89.9%
Net result-€18,628▲ 74.5%€1,010-€6,447€4,462€32,839▲ 636%
Equity-€5,188-€4,178▲ 19.5%-€10,625▼ 154%-€6,162▲ 42.0%€26,676
Total assets€26,650▼ 82.3%€27,656▲ 3.8%€21,405▼ 22.6%€1.3m▲ 5,931%€1.3m▲ 2.6%
Debt€31,838▼ 76.8%€31,834=€32,030▲ 0.6%€1.3m▲ 3,950%€1.3m=
Working capital-€5,188-€4,178▲ 19.5%-€10,625▼ 154%€8,421€1.3m▲ 15,238%
Staff (FTE)000
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: -€17,790-€17,790Net result 2021: -€18,628-€18,628Operating result 2022: €1,782€1,782Net result 2022: €1,010€1,010Operating result 2023: -€4,574-€4,574Net result 2023: -€6,447-€6,447Operating result 2024: -€1,795-€1,795Net result 2024: €4,462€4,462Operating result 2025: -€3,407-€3,407Net result 2025: €32,839€32,83920212022202320242025-€10,000€0€10,000€20,000€30,000Operating result 2023: -€4,574-€4,570Net result 2023: -€6,447-€6,450Operating result 2024: -€1,795-€1,790Net result 2024: €4,462€4,460Operating result 2025: -€3,407-€3,410Net result 2025: €32,839€32,800202320242025
The operating result stays negative: a loss of €3,407 in 2025 against €1,795 in 2024; the loss grows.
Balance-sheet composition
Equity and liabilities €1.3m
Equity €26,676
Debt €1.3m
Debt finances 98.0% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Current ratio
40.39▲
2024 · 1.01
Debt to equity
48.65
ROE
123.1%
ROA
2.5%▲
2024 · 0.3%
Debt ≤ 1 year
€32,786▼
2024 · €1.3m
Debt > 1 year
€1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,214 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.2% went bankrupt
2.6% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,214 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.3m€1.3m▲
Current assets29/58€1.3m€1.3m▲
Amounts receivable within one year40/41€1.3m€1.3m▲
Trade receivables40-€22,055
Other amounts receivable41€1.3m€1.3m=
Cash at bank and in hand54/58€40,942€52,090▲
Deferred charges and accrued income490/1-€240
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m▲
Equity10/15-€6,162€26,676▲
Contributions10/11€25,000€25,000=
Reserves13€2,500€2,500=
Distributable reserves133€2,500€2,500=
Profit (loss) carried forward14-€33,662-€824▲
Amounts payable17/49€1.3m€1.3m=
Amounts payable after more than one year17-€1.2m
Other amounts payable178/9-€1.2m
Amounts payable within one year42/48€1.3m€32,786▼
Trade debts44€32,535€32,786▲
Suppliers440/4€32,535€32,786▲
Other amounts payable47/48€1.3m€0▼
Accrued charges and deferred income492/3€14,583€50,202▲
Income statement Code20242025
Non-recurring operating income76A€1,612€0▼
Other operating charges640/8€126€128▲
Gross operating margin9900-€1,669-€3,279▼
Operating profit (loss)9901-€1,795-€3,407▼
Financial income75/76B€22,055€87,500▲
Recurring financial income75€22,055€87,500▲
Financial charges65/66B€15,798€51,254▲
Recurring financial charges65€15,798€51,254▲
Profit (loss) for the period before taxes9903€4,462€32,839▲
Profit (loss) for the period9904€4,462€32,839▲
Profit (loss) for the period to be appropriated9905€4,462€32,839▲
Appropriation of the result
Profit (loss) to be appropriated9906-€33,662-€824▲
Profit (loss) brought forward from the previous period14P-€38,125-€33,662▲
Social balance
Average headcount (FTE)90870.00.0=

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

Line20212022202320242025Change
Non-recurring operating income76A-€4,657€0€1,612€0▼ 100%
Other operating charges640/8€16,131€312€215€126€128▲ 1.6%
Gross operating margin9900-€1,659€2,094-€4,359-€1,669-€3,279▼ 96.5%
Operating profit (loss)9901-€17,790€1,782-€4,574-€1,795-€3,407▼ 89.9%
Financial income75/76B€0--€22,055€87,500▲ 297%
Recurring financial income75€0--€22,055€87,500▲ 297%
Non-recurring financial income76B€0-----
Financial charges65/66B€839€771€1,873€15,798€51,254▲ 224%
Recurring financial charges65€839€771€1,873€15,798€51,254▲ 224%
Profit (loss) for the period before taxes9903-€18,628€1,010-€6,447€4,462€32,839▲ 636%
Profit (loss) for the period9904-€18,628€1,010-€6,447€4,462€32,839▲ 636%
Profit (loss) for the period to be appropriated9905-€18,628€1,010-€6,447€4,462€32,839▲ 636%
Line20212022202320242025Change
Assets
Total assets20/58€26,650€27,656€21,405€1.3m€1.3m▲ 2.6%
Current assets29/58€26,650€27,656€21,405€1.3m€1.3m▲ 2.6%
Amounts receivable within one year40/41€8,336€42€533€1.3m€1.3m▲ 1.8%
Trade receivables40----€22,055-
Other amounts receivable41€8,336€42€533€1.3m€1.3m=
Cash at bank and in hand54/58€18,314€27,615€20,873€40,942€52,090▲ 27.2%
Deferred charges and accrued income490/1----€240-
Equity and liabilities
Total equity and liabilities10/49€26,650€27,656€21,405€1.3m€1.3m▲ 2.6%
Equity10/15-€5,188-€4,178-€10,625-€6,162€26,676▲ 533%
Contributions10/11€25,000€25,000€25,000€25,000€25,000=
Reserves13€2,500€2,500€2,500€2,500€2,500=
Non-distributable reserves130/1€2,500€2,500€0---
Reserves not available under the articles1311€2,500€2,500€0---
Distributable reserves133--€2,500€2,500€2,500=
Profit (loss) carried forward14-€32,688-€31,678-€38,125-€33,662-€824▲ 97.6%
Amounts payable17/49€31,838€31,834€32,030€1.3m€1.3m=
Amounts payable after more than one year17----€1.2m-
Other amounts payable178/9----€1.2m-
Amounts payable within one year42/48€31,838€31,834€32,030€1.3m€32,786▼ 97.4%
Trade debts44€31,838€31,834€32,030€32,535€32,786▲ 0.8%
Suppliers440/4€31,838€31,834€32,030€32,535€32,786▲ 0.8%
Taxes, remuneration and social security45€0-----
Taxes450/3€0-----
Other amounts payable47/48€0--€1.3m€0▼ 100%
Accrued charges and deferred income492/3€0--€14,583€50,202▲ 244%
Line20212022202320242025Change
Profit (loss) for the period9904-€18,628€1,010-€6,447€4,462€32,839▲ 636%
Operating cash flow (approximation)-€18,628€1,010-€6,447€4,462€32,839▲ 636%
Change in cash-€9,301-€6,742€20,069€11,148▼ 44.4%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
06-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Liquidity times 40current ratio 40.39
Current ratio from 1.01 to 40.39; short-term debt falls from €1.3m to €32,786.
03-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €4,462
Net result €4,462 after one loss-making year.
08-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €1,010
Net result €1,010 after 2 loss-making years.
01-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €471,851
Net result €471,851 after one loss-making year.
31-12
Financial Liquidity times 5current ratio 2.68
Current ratio from 0.53 to 2.68; short-term debt falls from €1.1m to €124,313.
Show earlier events
31-12
Financial Equity above €200,000Eq €486,580 ▲3,204%
Equity rises from €14,729 to €486,580.
01-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
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, Tielt · 1 establishment unit since 1983
seat establishment The establishment unit on the map
Ground area
5,151 m²
Building footprint
2,171 m²
Volume, LiDAR
917 m³
Parcel 37302E0511/00L000, Flanders · tallest building 6.5 m. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
VANABO
Robert Tavernierlaan 1, 8700 TieltActivities of head offices; management consultancy activities
since 19832.023.013.291
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37302E0511/00L000 Flanders 5,151 m² 1 · 2,171 m² 6.5 m
Linked by address, not proof of ownership
Good to know
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

Owners and holdings

1 owner

Chain of control

  1. FASTIMMO 100%
  2. VANABO

Highest known parent: FASTIMMO. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded29-06-1983
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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

Register as of 28 September 2026 · Peppol Directory

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