VANBRUSSELEN
ActiveVANBRUSSELEN has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60k and a net result of €41k. Equity is shrinking by ~10% per year across the filed fiscal years. Its solvency ranks better than 35% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+66
Solvency58▲+22
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.77 against 0.45 in 2024; short-term debt: 55.6% and cash: 21.3% of total assets), and 66.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
33.3%
Return on assets
23%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €60k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
65 d early
2024
66 d early
2023
42 d early
2022
160 d early
2021
53 d early
2020
11 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€305k
EBIT margin
-2.5%
Net result
€41k
2024 · €-13k
2018: €3k
2019: €-37k
2020: €-11k
2021: €-24k
2022: €13k
2023: €11k
2024: €-13k
2018 → 2025
Working capital
€-23k▲ 58.8%
2024 · €-56k
2018: €49k
2019: €20k
2020: €17k
2021: €-2k
2022: €3k
2023: €-8k
2024: €-56k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€20k▲ 168%€31k▲ 54.1%€18k▼ 41.4%€60k▲ 224%
Operating result€-22k-€14k€13k▼ 12.6%€-9k€45k
Net result€-24k-€13k€11k▼ 13.8%€-13k€41k
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 2025: €45k after a loss of €9k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €179k
Fixed assets
€103k▼ 14.6%
Current assets
€76k▲ 64.7%
Equity and liabilities €179k
Equity
€60k▲ 224%
Debt
€120k▼ 19.4%
The debt ratio falls from 89.0% to 66.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2024 · €11k
Cash flow
€61k▲
2024 · €6k
Solvency
33.3%▲
2024 · 11.0%
Current ratio
0.77▲
2024 · 0.45
Quick ratio
0.62▲
2024 · 0.37
Debt / equity
2.01▼
2024 · 8.07
ROE
69.2%▲
2024 · -70.5%
ROA
23.0%▲
2024 · -7.8%
Interest coverage
21.29▲
2024 · 2.77
Debt
€120k▼
2024 · €148k
Debt ≤ 1 year
€99k▼
2024 · €102k
Debt > 1 year
€20k▼
2024 · €46k
Income taxes
€1k▲
2024 · €561
Staff costs
€71k▲
2024 · €68k
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
Assets
Total assets20/58€167k€179k▲
Fixed assets21/28€120k€103k▼
Tangible fixed assets22/27€120k€103k▼
Land and buildings22€17k€15k▼
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€5k€2k▼
Leasing and similar rights25€97k€83k▼
Financial fixed assets28€101€101=
Current assets29/58€46k€76k▲
Stocks and contracts in progress3€9k€15k▲
Stocks30/36€9k€15k▲
Amounts receivable within one year40/41€21k€14k▼
Trade receivables40€16k€10k▼
Other amounts receivable41€6k€4k▼
Cash at bank and in hand54/58€12k€38k▲
Deferred charges and accrued income490/1€3k€9k▲
Equity and liabilities
Total equity and liabilities10/49€167k€179k▲
Equity10/15€18k€60k▲
Contributions10/11€42k€42k=
Reserves13€7k€17k▲
Distributable reserves133€7k€17k▲
Profit (loss) carried forward14€-31k€0▲
Amounts payable17/49€148k€120k▼
Amounts payable after more than one year17€46k€20k▼
Financial debts170/4€46k€20k▼
Other amounts payable178/9€0-
Amounts payable within one year42/48€102k€99k▼
Current portion of amounts payable after more than one year42€29k€26k▼
Trade debts44€23k€18k▼
Suppliers440/4€23k€18k▼
Taxes, remuneration and social security45€2k€6k▲
Taxes450/3€140€3k▲
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€49k€49k▲
Income statement
Code20242025
Remuneration, social security and pensions62€68k€71k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€20k▲
Other operating charges640/8€3k€15k▲
Gross operating margin9900€82k€151k▲
Operating profit (loss)9901€-9k€45k▲
Financial income75/76B€0€21▲
Recurring financial income75€0€21▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-12k€42k▲
Income taxes67/77€561€1k▲
Profit (loss) for the period9904€-13k€41k▲
Profit (loss) for the period to be appropriated9905€-13k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€11k▲
Profit (loss) brought forward from the previous period14P€-18k€-31k▼
Transfer to equity691/2-€11k
To other reserves6921-€11k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €13k
Net result €13k after 3 loss-making years.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-37k ▼1494%
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Bierbeek · 1 establishment unit since 1988
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.
Hoogstraat 143360 BierbeekGround area
651 m²
Building footprint
241 m²
Volume, LiDAR
1,263 m³
Parcel 24011D0265/00C002, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Hoogstraat 14, 3360 Bierbeek
since 19882.039.104.702
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24011D0265/00C002 | Flanders | 651 m² | 1 · 241 m² | 9.8 m · 1 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.
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OSTRY
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GNK & CO
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MRC PROJECTS
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Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 2,326 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-06-1988
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
45441
Sources
Crossroads Bank for EnterprisesNational Bank · 38 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.