VANAX
VANAX has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.13M and a net result of €1.02M. Equity is growing by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 69% of 2278 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €3.13M |
| Net result | €1.02M |
| Better than sector | 69% |
| Active | 34 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 67.3% | 44.8% | |
| Net result | €1.02M | €34k | |
| Equity | €3.13M | €341k | |
| Gross operating margin | €212k | €118k | |
| Staff costs | €-3k | €196k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | €202k | €332k | €304k | €127k |
| Net profit | €1.02M | €267k | €223k | €9k |
| Cash flow | €1.14M | €371k | €290k | €109k |
| Staff costs | €-3k | €37k | €35k | €5k |
| Income taxes | €7k | €47k | €74k | €3k |
| Dividends | - | - | €2k | €2k |
| Total assets | €4.66M | €3.49M | €3.21M | €3.16M |
| Equity | €3.13M | €2.11M | €1.85M | €1.63M |
| Debt | €1.52M | €1.37M | €1.36M | €1.53M |
| of which ≤ 1y | €845k | €1.33M | €1.36M | €1.53M |
| of which > 1y | €600k | - | - | - |
| Working capital | €536k | €-949k | €-1.02M | €-1.31M |
| Employees (FTE) | 0.0 | 1.0 | 1.0 | 0.2 |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 1.63 | 0.29 | 0.25 | 0.14 |
| Quick ratio | 1.63 | 0.29 | 0.25 | 0.14 |
| Working capital ratio | 11.5% | -27.2% | -31.9% | -41.7% |
| Solvency | 67.3% | 60.6% | 57.5% | 51.5% |
| Debt / equity | 0.49 | 0.65 | 0.74 | 0.94 |
| Long-term debt ratio | 0.19 | - | - | - |
| Interest coverage | 2.65 | 5.14 | 20.66 | 8.97 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 21.9% | 7.7% | 6.9% | 0.3% |
| ROE | 32.6% | 12.7% | 12.1% | 0.5% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €4.66M | €3.49M | €3.21M | €3.16M |
| Fixed assets | 21/28 | €3.28M | €3.11M | €2.87M | €2.94M |
| Tangible fixed assets | 22/27 | €2.24M | €2.07M | €1.83M | €1.90M |
| Financial fixed assets | 28 | €1.04M | €1.04M | €1.04M | €1.04M |
| Current assets | 29/58 | €1.38M | €382k | €337k | €216k |
| Amounts receivable within one year | 40/41 | €141k | €155k | €22k | €20k |
| Investments | 50/53 | €789k | - | - | - |
| Cash & bank | 54/58 | €449k | €224k | €314k | €194k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.66M | €3.49M | €3.21M | €3.16M |
| Equity | 10/15 | €3.13M | €2.11M | €1.85M | €1.63M |
| Contributions / capital | 10/11 | €62k | €62k | €62k | €62k |
| Reserves | 13 | €3.07M | €2.05M | €1.78M | €1.56M |
| Accumulated profits (losses) | 14 | - | - | €0 | - |
| Amounts payable | 17/49 | €1.52M | €1.37M | €1.36M | €1.53M |
| Amounts payable after one year | 17 | €600k | - | - | - |
| Amounts payable within one year | 42/48 | €845k | €1.33M | €1.36M | €1.53M |
| Trade debts payable within one year | 44 | €9k | €10k | €8k | €11k |
| Income statement | |||||
| Gross operating margin | 9900 | €212k | €382k | €348k | €140k |
| Operating result | 9901 | €85k | €228k | €237k | €26k |
| Financial income | 75 | €1.02M | €151k | €75k | €12 |
| Financial charges | 65 | €76k | €65k | €15k | €14k |
| Result before taxes | 9903 | €1.03M | €314k | €297k | €12k |
| Income taxes | 67/77 | €7k | €47k | €74k | €3k |
| Net result for the period | 9904 | €1.02M | €267k | €223k | €9k |
| Result to be appropriated | 9905 | €1.02M | €267k | €223k | €9k |
| NACE primary | Other business support services(82990) |
| Legal form | Public limited company(014) |
| Incorporation | 30-12-1991 |
| Status | Active |
| Postal code | 9870 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44037A0793/00H000 | Flanders | 4,580 m² | 1 · 327 m² | - |
| 44037A0792/00N000 | Flanders | 3,828 m² | 1 · 344 m² | - |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
09-04-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2024-03-28",
"act_kind_objet": "NEERLEGGING TER GRIFFIE"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2024-02-01",
"unanimous": true
},
"agm_change": null,
"detected_kind": "officer_designation",
"other_address": null,
"mandate_renewal": {
"period_end": null,
"mandate_kind": "bestuurder",
"period_start": null,
"remuneration_eur": null,
"remuneration_kind": null,
"person_or_entity_kbo": null,
"person_or_entity_name": "Genevi\u00E8ve Vandamme"
},
"subject_company": {
"kbo": "0446.242.560",
"name_full": "Vanax",
"legal_form": "NV"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": "Vandamme Patrick",
"org_rep_person_name": null
},
"co_filed_documents": [],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": {
"role": "bestuurder",
"organ": "raad_van_bestuur",
"person_name": "Genevi\u00E8ve Vandamme"
},
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}| Legal nameNL | VANAX |