Turnover
The accounts state no turnover.
The accounts state no turnover.
Of this, €67,731 falls due within a year.
Less equity than 88% of companies in head offices and management consultancy. Sector median €1.1m · 3,873 companies.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 16% of them on solvency, 42% on liquidity and 41% on profitability.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Liquidity is ample, with a current ratio of 1.72, above the usual 1.5. Short-term debt is 19.8% and cash 7.5% of total assets. However, 91.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Shares in 1 company, GARAGE VAN BELLEGHEM
Board & ownership| Company | ||||
|---|---|---|---|---|
| VANBELSIMO Bruges | €342,565 | €32,214 | 8.7% | - |
| STIEVAN Alveringem | €477,660 | €31,291 | 5.8% | - |
| Charma Oudenburg | €229,351 | €39,519 | 45.4% | - |
| DOLUCO Middelkerke | €368,714 | €26,707 | -2.2% | - |
| ANKER MGT Wevelgem | €253,423 | €43,286 | 9.7% | - |
| JDB'S Zuienkerke | €542,141 | €42,381 | 5.4% | - |
| CVS Deco Oostkamp | €226,742 | €22,493 | -16.1% | - |
These companies have the same main activity as VANBELSIMO: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €227,000 and €542,000, founded between 2024 and 2025.
VANBELSIMO has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,676 and a net result of €19,676.
Its solvency ranks better than 14% of 3,873 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €84,000. Estimated: probably between €51,000 and €130,000.
Amounts without an identifiable currency are taken as euros.
Higher than 14% of 3,873 companies in 2025.
Higher than 57% of 3,727 companies in 2025.
Higher than 63% of 3,849 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
342,565 | |
21/28 |
226,188 | |
28 |
226,188 | |
29/58 |
116,377 | |
40/41 |
89,300 | |
40 |
88,550 | |
41 |
750 | |
54/58 |
25,754 | |
490/1 |
1,323 | |
| Balance sheet: equity and liabilities | ||
10/49 |
342,565 | |
10/15 |
29,676 | |
10/11 |
10,000 | |
11 |
10,000 | |
1109/19 |
10,000 | |
13 |
19,676 | |
133 |
19,676 | |
17/49 |
312,889 | |
17 |
245,159 | |
170/4 |
168,971 | |
178/9 |
76,188 | |
42/48 |
67,731 | |
42 |
31,979 | |
45 |
35,751 | |
450/3 |
30,396 | |
454/9 |
5,355 | |
| Income statement | ||
9900 |
32,214 | |
630 |
2,728 | |
9901 |
29,487 | |
65/66B |
4,328 | |
65 |
4,328 | |
9903 |
25,159 | |
67/77 |
5,483 | |
9904 |
19,676 | |
9905 |
19,676 | |
| Appropriation of the result | ||
9906 |
19,676 | |
691/2 |
19,676 | |
6921 |
19,676 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 30-07-2026 | 2026-00355475 |
| Line | Trend | 2025 |
|---|---|---|
| 32,214 | ||
| 22,403 | ||
| 226,188 | ||
| 48,646 | ||
| 8.7% | ||
| 1.72 | ||
| 10.54 | ||
| 66.3% | ||
| 5.7% | ||
| 7.44 |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 |
|---|---|
| Financial fixed assets | €226,188 |
| €2,728 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 91.3%.
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
The network starts from the directors of VANBELSIMO. Every other company they run is a node.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Weidestraat 29 registered office 8310 Bruges | 27-02-2025 | 2.371.218.349 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31434C0011/00X002 | 85 m² | 1 · 41 m² | 9.6 m · 3 |
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