VANAKEL GROUP
ActiveThe computed 12-month bankruptcy probability of VANAKEL GROUP is 2.2% (moderate). The 2024 annual accounts show equity of €179k and a net result of €14k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 62% of 9981 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+57
Solvency78▲+1
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days only on tighter terms
Liquidity ample (current ratio 2.09 against 2.04 in 2023; short-term debt: 46.5% and cash: 14.6% of total assets), and 46.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-02-2026, 200 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 filingsDeviation from the deadline
2025
not confirmed
2024
200 d late
2023
15 d early
2022
291 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€179k▲ 8.8%
2023 · €165k
2022: €169k
2023: €165k
2022 → 2024
Total assets
€335k▲ 6.0%
2023 · €316k
2022: €400k
2023: €316k
2022 → 2024
Net result
€14k
2023 · €-5k
2022: €189k
2023: €-5k
2022 → 2024
Working capital
€170k▲ 7.5%
2023 · €158k
2022: €169k
2023: €158k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€169k-€165k▼ 2.7%€179k▲ 8.8%
Operating result€190k-€-4k€15k
Net result€189k-€-5k€14k
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 2024: €15k after a loss of €4k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €335k
Fixed assets
€9k▲ 36.7%
Current assets
€326k▲ 5.3%
Equity and liabilities €335k
Equity
€179k▲ 8.8%
Debt
€156k▲ 3.0%
The debt ratio falls from 47.9% to 46.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▲
2023 · €-3k
Cash flow
€18k▲
2023 · €-4k
Solvency
53.5%▲
2023 · 52.1%
Current ratio
2.09▲
2023 · 2.04
Quick ratio
2.09▲
2023 · 2.04
Debt / equity
0.87▼
2023 · 0.92
ROE
8.1%▲
2023 · -2.8%
ROA
4.3%▲
2023 · -1.5%
Interest coverage
43.27▲
2023 · -14.15
Debt
€156k▲
2023 · €151k
Debt ≤ 1 year
€156k▲
2023 · €151k
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€316k€335k▲
Fixed assets21/28€7k€9k▲
Tangible fixed assets22/27€7k€9k▲
Plant, machinery and equipment23€130€7▼
Furniture and vehicles24€7k€9k▲
Current assets29/58€309k€326k▲
Amounts receivable within one year40/41€292k€277k▼
Trade receivables40€292k€257k▼
Other amounts receivable41-€20k
Cash at bank and in hand54/58€17k€49k▲
Equity and liabilities
Total equity and liabilities10/49€316k€335k▲
Equity10/15€165k€179k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€155k€169k▲
Amounts payable17/49€151k€156k▲
Amounts payable within one year42/48€151k€156k▲
Trade debts44€123k€149k▲
Suppliers440/4€123k€149k▲
Taxes, remuneration and social security45€25k€7k▼
Taxes450/3€23k€6k▼
Remuneration and social security454/9€2k€681▼
Other amounts payable47/48€4k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€931€3k▲
Other operating charges640/8€636€4k▲
Gross operating margin9900€-3k€22k▲
Operating profit (loss)9901€-4k€15k▲
Financial charges65/66B€243€417▲
Recurring financial charges65€243€417▲
Profit (loss) for the period before taxes9903€-5k€14k▲
Profit (loss) for the period9904€-5k€14k▲
Profit (loss) for the period to be appropriated9905€-5k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€155k€169k▲
Profit (loss) brought forward from the previous period14P€159k€155k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
16-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 200 days late
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 291 days late
2023
31-12
Financial
Weakest financial yearnet €-5k ▼102%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zaventem · 1 establishment unit since 2021
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.
Excelsiorlaan 36-381930 ZaventemGround area
3,135 m²
Building footprint
889 m²
Volume, LiDAR
9,401 m³
Parcel 23094D0036/00P002, Flanders · tallest building 12.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
VANAKEL GROUP
since 20212.331.816.157
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0036/00P002 | Flanders | 3,135 m² | 1 · 889 m² | 12.3 m · 4 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.
Structure & network
Connections & network
7 connected companiesNetwork connections
Shared address
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Shared address
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Shared address
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Shared address
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Show 3 more network connections
Shared address
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Shared address
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Shared address
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,317 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-10-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.