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VanB

Active
Private limited companyfounded 2016active for 10 yearsPaul Delforgegaarde 8, 1160 Oudergem, BelgiumKBO/BCE: BE 0648.699.475
Summary

VanB has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168,924 and a net result of -€38,617. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 37% of 21,036 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€168,924▼ 18.6%
2024 · €207,540
Total assets
€379,531▼ 6.9%
2024 · €407,564
Net result
-€38,617
2024 · €15,542
Working capital
€168,924▼ 19.5%
2024 · €209,886
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result turns negative in 2025: a loss of €38,378 after €23,931 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€38,378 2025 Net result-€38,617 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€57,369-€64,262▲ 12.0%€62,538▼ 2.7%€52,089▼ 16.7%€66,117▲ 26.9%€69,585▲ 5.2%€23,931▼ 65.6%-€38,378
Net result€41,128-€46,277▲ 12.5%€45,019above the sector's middle half▼ 2.7%€34,927within the sector's middle half▼ 22.4%€44,222within the sector's middle half▲ 26.6%€50,679above the sector's middle half▲ 14.6%€15,542within the sector's middle half▼ 69.3%-€38,617below the sector's middle half
Equity€128,374-€174,651▲ 36.0%€219,670above the sector's middle half▲ 25.8%€254,596above the sector's middle half▲ 15.9%€298,819above the sector's middle half▲ 17.4%€344,998above the sector's middle half▲ 15.5%€207,540above the sector's middle half▼ 39.8%€168,924above the sector's middle half▼ 18.6%
Total assets€142,215-€195,930▲ 37.8%€247,341within the sector's middle half▲ 26.2%€282,707within the sector's middle half▲ 14.3%€338,426above the sector's middle half▲ 19.7%€389,639above the sector's middle half▲ 15.1%€407,564above the sector's middle half▲ 4.6%€379,531above the sector's middle half▼ 6.9%
Debt€13,841-€21,279▲ 53.7%€27,671▲ 30.0%€28,111▲ 1.6%€39,607▲ 40.9%€44,641▲ 12.7%€200,023▲ 348%€210,608▲ 5.3%
Working capital€128,809-€175,078▲ 35.9%€220,757above the sector's middle half▲ 26.1%€254,395above the sector's middle half▲ 15.2%€299,276above the sector's middle half▲ 17.6%€346,395above the sector's middle half▲ 15.7%€209,886above the sector's middle half▼ 39.4%€168,924above the sector's middle half▼ 19.5%
Solvency90.3%-89.1%▼ 1.1pp88.8%above the sector's middle half▼ 0.3pp90.1%above the sector's middle half▲ 1.2pp88.3%above the sector's middle half▼ 1.8pp88.5%above the sector's middle half▲ 0.2pp50.9%within the sector's middle half▼ 37.6pp44.5%within the sector's middle half▼ 6.4pp
Current ratio10.61-9.40▼ 1.219.30above the sector's middle half▼ 0.0910.33above the sector's middle half▲ 1.038.75above the sector's middle half▼ 1.589.02above the sector's middle half▲ 0.272.06within the sector's middle half▼ 6.961.80within the sector's middle half▼ 0.26
Return on assets (ROA)28.9%-23.6%▼ 5.3pp18.2%within the sector's middle half▼ 5.4pp12.4%within the sector's middle half▼ 5.8pp13.1%within the sector's middle half▲ 0.7pp13.0%within the sector's middle half▼ 0.1pp3.8%below the sector's middle half▼ 9.2pp-10.2%below the sector's middle half▼ 14.0pp
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €379,531
Equity €168,924 ▼ 18.6%
Debt €210,608 ▲ 5.3%
Debt's share of the balance-sheet total rises from 49.1% to 55.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
1.25▲
2024 · 0.96
ROE
-22.9%▼
2024 · 7.5%
Debt ≤ 1 year
€210,608▲
2024 · €197,677
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.1% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88.1% still going

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

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 4,805 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 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€407,564€379,531▼
Current assets29/58€407,564€379,531▼
Amounts receivable within one year40/41-€26,236
Other amounts receivable41-€26,236
Cash at bank and in hand54/58€396,775€353,296▼
Deferred charges and accrued income490/1€10,788-
Equity and liabilities
Total equity and liabilities10/49€407,564€379,531▼
Equity10/15€207,540€168,924▼
Contributions10/11€19,000€19,000=
Reserves13€185,400€185,400=
Distributable reserves133€185,400€185,400=
Profit (loss) carried forward14€3,140-€35,477▼
Amounts payable17/49€200,023€210,608▲
Amounts payable within one year42/48€197,677€210,608▲
Trade debts44€26€636▲
Suppliers440/4€26€636▲
Taxes, remuneration and social security45€11,886€1,920▼
Taxes450/3€4,206-
Remuneration and social security454/9€7,680€1,920▼
Other amounts payable47/48€185,765€208,052▲
Accrued charges and deferred income492/3€2,346-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56-
Other operating charges640/8€444€52▼
Gross operating margin9900€24,431-€38,326▼
Operating profit (loss)9901€23,931-€38,378▼
Financial charges65/66B€2,551€238▼
Recurring financial charges65€2,551€238▼
Profit (loss) for the period before taxes9903€21,380-€38,617▼
Income taxes67/77€5,837-
Profit (loss) for the period9904€15,542-€38,617▼
Profit (loss) for the period to be appropriated9905€15,542-€38,617▼
Appropriation of the result
Profit (loss) to be appropriated9906€18,640-€35,477▼
Profit (loss) brought forward from the previous period14P€3,098€3,140▲
Transfer from equity791/2€153,000-
Transfer to equity691/2€15,500-
To other reserves6921€15,500-
Profit to be distributed694/7€153,000-
Return on contributions (dividend)694€153,000-

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€441€497€497€56--
Other operating charges640/8---€348€348€491€444€52▼ 88.2%
Gross operating margin9900€57,716€64,610€62,885€52,878€66,961€70,574€24,431-€38,326-
Operating profit (loss)9901€57,369€64,262€62,538€52,089€66,117€69,585€23,931-€38,378-
Financial income75/76B---€0€0----
Recurring financial income75---€0€0----
Financial charges65/66B---€1,037€1,362€1,611€2,551€238▼ 90.7%
Recurring financial charges65€549€427€800€1,037€1,362€1,611€2,551€238▼ 90.7%
Profit (loss) for the period before taxes9903€56,820€63,835€61,738€51,052€64,754€67,974€21,380-€38,617-
Income taxes67/77€15,691€17,558€16,719€16,126€20,532€17,295€5,837--
Profit (loss) for the period9904€41,128€46,277€45,019€34,927€44,222€50,679€15,542-€38,617-
Profit (loss) for the period to be appropriated9905€41,128€46,277€45,019€34,927€44,222€50,679€15,542-€38,617-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€142,215€195,930€247,341€282,707€338,426€389,639€407,564€379,531▼ 6.9%
Fixed assets21/28---€1,050€553€56---
Tangible fixed assets22/27---€1,050€553€56---
Plant, machinery and equipment23---€1,050€553€56---
Current assets29/58€142,215€195,930€247,341€281,657€337,873€389,583€407,564€379,531▼ 6.9%
Amounts receivable within one year40/41€309€9,675€11,849-€21,496€10,258-€26,236-
Trade receivables40----€21,496€10,258---
Other amounts receivable41-------€26,236-
Cash at bank and in hand54/58€141,906€186,254€234,836€280,962€315,682€378,637€396,775€353,296▼ 11.0%
Deferred charges and accrued income490/1---€695€695€688€10,788--
Equity and liabilities
Total equity and liabilities10/49€142,215€195,930€247,341€282,707€338,426€389,639€407,564€379,531▼ 6.9%
Equity10/15€128,374€174,651€219,670€254,596€298,819€344,998€207,540€168,924▼ 18.6%
Contributions10/11€19,000€19,000-€19,000€19,000€19,000€19,000€19,000=
Reserves13€108,900€154,900€198,900€232,900€276,900€322,900€185,400€185,400=
Non-distributable reserves130/1---€1,900€1,900----
Reserves not available under the articles1311---€1,900€1,900----
Distributable reserves133---€231,000€275,000€322,900€185,400€185,400=
Profit (loss) carried forward14€474€751€1,770€2,696€2,919€3,098€3,140-€35,477-
Amounts payable17/49€13,841€21,279€27,671€28,111€39,607€44,641€200,023€210,608▲ 5.3%
Amounts payable within one year42/48€13,406€20,852€26,583€27,262€38,597€43,189€197,677€210,608▲ 6.5%
Trade debts44€820€20€81€21€24-€26€636▲ 2,373%
Suppliers440/4---€21€24-€26€636▲ 2,373%
Taxes, remuneration and social security45---€2,437€13,119€12,463€11,886€1,920▼ 83.8%
Taxes450/3---€517€13,119€10,543€4,206--
Remuneration and social security454/9---€1,920-€1,920€7,680€1,920▼ 75.0%
Other amounts payable47/48---€24,803€25,454€30,725€185,765€208,052▲ 12.0%
Accrued charges and deferred income492/3---€849€1,011€1,453€2,346--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€41,128€46,277€45,019€34,927€44,222€50,679€15,542-€38,617-
+ Depreciation and write-downs630---€441€497€497€56--
Operating cash flow (approximation)€41,128€46,277€45,019€35,368€44,719€51,176€15,598-€38,617-
Investment in fixed assets (approximation)----€0€0---
Change in cash-€44,348€48,582€46,125€34,720€62,955€18,138-€43,479-

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

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference
31-12-2025 micro format 29-05-2026 2026-00137716
31-12-2024 micro format 08-05-2025 2025-00091560
31-12-2023 micro format 07-05-2024 2024-00085011
31-12-2022 micro format 05-05-2023 2023-00082429
31-12-2021 micro format 25-05-2022 2022-20036032
31-12-2020 micro format 09-08-2021 2021-47500349
31-12-2019 micro format 27-08-2020 2020-46100190
31-12-2018 micro format 29-08-2019 2019-58700493
31-12-2017 micro format 27-08-2018 2018-51100138

Similar companies · same sector, comparable size

Of the 16,979 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,923. 6,865 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.