VANAC
ActiveVANAC has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €287k and a net result of €16k. Equity is shrinking by ~36.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 62% of 343 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
87
/ 100
Excellent▲ +11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▲+25
Solvency94=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 5.21 against 5.68 in 2024), but 51.7% 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
48.3%
Return on assets
2.7%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
26 d early
2024
on the day
2023
47 d early
2022
1 d early
2021
2 d early
2020
51 d early
2019
18 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close04-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€287k▲ 5.1%
2024 · €273k
2023: €497k
2024: €273k
2023 → 2025
Total assets
€595k▲ 5.3%
2024 · €565k
2023: €701k
2024: €565k
2023 → 2025
Net result
€16k▲ 1,282%
2024 · €1k
2023: €41k
2024: €1k
2023 → 2025
Working capital
€345k▲ 11.1%
2024 · €311k
2023: €282k
2024: €311k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€497k-€273k▼ 45.0%€287k▲ 5.1%
Operating result€58k-€-3k€18k
Net result€41k-€1k▼ 97.2%€16k▲ 1,282%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €18k after a loss of €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €595k
Fixed assets
€167k▼ 10.7%
Current assets
€427k▲ 13.3%
Equity and liabilities €595k
Equity
€287k▲ 5.1%
Debt
€308k▲ 5.5%
The debt ratio rises from 51.6% to 51.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€43k▲
2024 · €29k
Cash flow
€41k▲
2024 · €32k
Solvency
48.3%▼
2024 · 48.4%
Current ratio
5.21▼
2024 · 5.68
Quick ratio
2.19▼
2024 · 5.01
Debt / equity
1.07▲
2024 · 1.07
ROE
5.5%▲
2024 · 0.4%
ROA
2.7%▲
2024 · 0.2%
Interest coverage
68.66▲
2024 · 40.35
Debt
€308k▲
2024 · €291k
Debt ≤ 1 year
€82k▲
2024 · €66k
Debt > 1 year
€225k=
2024 · €225k
Income taxes
€6k▲
2024 · €1k
Staff costs
€4k▼
2024 · €12k
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
Total assets
20/58€565k€595k▲
Fixed assets
21/28€187k€167k▼
Tangible fixed assets
22/27€187k€167k▼
Current assets
29/58€377k€427k▲
Stocks & contracts in progress
3€44k€247k▲
Amounts receivable within one year
40/41€142k€147k▲
Cash & bank
54/58€187k€28k▼
Total equity & liabilities
10/49€565k€595k▲
Equity
10/15€273k€287k▲
Contributions / capital
10/11€19k€19k=
Reserves
13€255k€269k▲
Accumulated profits (losses)
14€0€0=
Amounts payable
17/49€291k€308k▲
Amounts payable after one year
17€225k€225k=
Amounts payable within one year
42/48€66k€82k▲
Trade debts payable within one year
44€24k€20k▼
Income statement
Code20242025
Gross operating margin
9900€44k€51k▲
Operating result
9901€-3k€18k▲
Financial income
75€6k€5k▼
Financial charges
65€708€627▼
Result before taxes
9903€3k€22k▲
Income taxes
67/77€1k€6k▲
Net result for the period
9904€1k€16k▲
Result to be appropriated
9905€1k€16k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €1k ▼97.2%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity doublescurrent ratio 5.68
Current ratio from 2.38 to 5.68; short-term debt falls from €204k to €66k.
2023
28-12
State Gazette act
Director changes
Astrid Dobbels
15-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
11-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
23-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
17-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 directors, last change in 2023
Bert VAN ACKER
CurrentDirector · since 20-12-2023
VANHAVERBEKE Jozefien Irene Hendrika
CurrentDirector · since 20-12-2023
20-12-2023
Bert VAN ACKER: Resigned as Manager
20-12-2023
Bert VAN ACKER: Appointed as Director
20-12-2023
VANHAVERBEKE Jozefien Irene Hendrika: Appointed as Director
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Oostkamp · 1 establishment unit since 2006
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.
Akkerstraat 10A8020 OostkampGround area
2,202 m²
Building footprint
780 m²
Volume, LiDAR
4,490 m³
Parcel 31025C0003/00V000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vanac
since 20062.150.749.029
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31025C0003/00V000 | Flanders | 2,201 m² | 1 · 780 m² | 7.7 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.
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
RAMEN EN DEUREN MARCHAND
BE 0785.984.367
Ninove · Eq €287k
OTTE ERIC
BE 0878.540.282
Sint-Genesius-Rode · Eq €287k
ENDLESS
BE 0816.755.935
Izegem · Eq €287k
J. und H. MAUEL
BE 0420.265.168
Raeren · Eq €287k
STABILITEITSWERKEN VLAEMINCK
BE 0831.652.363
Assenede · Eq €287k
Of 20,037 companies in sector 43320 we hold annual accounts for 8,759. 6,810 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-12-2005
Fiscal year end30-06
Activities, NACEBEL
43320Joinery installation
45421
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 14-07-2026. Scores and ratios are computed by Checked and are not a credit decision.