Active BE 0886.964.436Private limited company

VANCEA

· 19 yrs active

Sector: Algemene bouw van andere niet-residentiële gebouwen (41003)

Conclusion Checked

The KBO register records legal situation 013 for VANCEA (Register: dissolution or liquidation); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €115k and a net result of €-73k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€115k
Net result	€-73k
Better than sector	78%
Active	19 yrs

Financial profile 5 of 5 axes measured · computed by Checked

30 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 79

Growth 29

Stability 40

Bankruptcy probability (12 mo) Checked model v1 · free

Dissolution or liquidation

The KBO register records that this company is being wound up. A twelve-month bankruptcy probability no longer says anything in that case, so we show no figure.

Risk Assessment rule-based

0 / 100

High riskRegister: dissolution or liquidation

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 013 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: dissolution or liquidation

The KBO register records legal situation 013 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2022 · computed

0 / 100 Critical

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 29-08-2023 with the NBB · fiscal year 2022 · verkort

RevenueOperating resultNet result

Sector comparison

Fiscal year 2022 · NACE 41, Construction of buildings · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	41.9%	21.2%	better than 78% of 269 sector peers
Net result	€-73k	€11k	better than 11% of 268 sector peers
Equity	€115k	€65k	better than 56% of 269 sector peers
Gross operating margin	€-43k	€92k	better than 5% of 267 sector peers
Total assets	€274k	€556k	better than 33% of 269 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€639k

-27.5% 18-22

EBITDA

€-52k

- 18-22

Net profit

€-73k

- 18-22

Cash flow

€-63k

- 18-22

Total assets

€274k

-21.1% 18-22

Equity

€115k

-39.0% 18-22

Working capital

€88k

-57.3% 18-22

Employees (FTE)

1

- 18-22

Show 14 other metrics

Staff costs

€5k

- 18-22

Income taxes

€1k

-85.2% 18-22

Debt

€159k

0.0% 18-22

Debt ≤ 1y

€130k

+8.9% 18-22

Debt > 1y

€29k

-26.8% 18-22

Current ratio

1.68

-38.5% 18-22

Quick ratio

1.22

-45.6% 18-22

Solvency

41.9%

-22.6% 18-22

Debt / equity

1.39

+63.9% 18-22

ROE

-63.9%

- 18-22

ROA

-26.8%

- 18-22

Net margin

-11.5%

- 18-22

EBITDA margin

-8.1%

- 18-22

Interest coverage

-5.12

- 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	verkort
Revenue	€639k
EBITDA	€-52k
Net profit	€-73k
Cash flow	€-63k
Staff costs	-
Income taxes	€1k
Dividends	-
Total assets	€274k
Equity	€115k
Debt	€159k
of which ≤ 1y	€130k
of which > 1y	€29k
Working capital	€88k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	1.68
Quick ratio	1.22
Working capital ratio	32.1%
Solvency	41.9%
Debt / equity	1.39
Long-term debt ratio	0.25
Interest coverage	-5.12
Gross margin	-12.9%
Net margin	-11.5%
ROA	-26.8%
ROE	-63.9%
EBITDA margin	-8.1%
Days sales outstanding	32d
Days payable outstanding	60d
Inventory turnover	12.02
Days inventory (DSI)	30d

Balance-sheet composition 2022

Assets

Fixed assets €56k · 20.4% Current assets €218k · 79.6%

Equity & liabilities

Equity €115k · 41.9% Debt €159k · 58.1%

Full annual accounts (26 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€274k
Fixed assets	21/28	€56k
Tangible fixed assets	22/27	€56k
Financial fixed assets	28	€229
Current assets	29/58	€218k
Stocks & contracts in progress	3	€60k
Amounts receivable within one year	40/41	€124k
Cash & bank	54/58	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€274k
Equity	10/15	€115k
Contributions / capital	10/11	€9k
Reserves	13	€20k
Accumulated profits (losses)	14	€86k
Amounts payable	17/49	€159k
Amounts payable after one year	17	€29k
Amounts payable within one year	42/48	€130k
Trade debts payable within one year	44	€118k
Income statement
Turnover	70	€639k
Gross operating margin	9900	€-43k
Operating result	9901	€-62k
Financial income	75	€265
Financial charges	65	€10k
Result before taxes	9903	€-72k
Income taxes	67/77	€1k
Net result for the period	9904	€-73k
Result to be appropriated	9905	€-73k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Algemene bouw van andere niet-residentiële gebouwen(41003)
Legal form	Private limited company(610)
Incorporation	02-02-2007
Status	Active
Postal code	-

Establishment units 1 location

Vancea Construct

het herwikkelen van elektromotoren en transformatoren.

since 20072.160.812.382

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23543I0237/00X005	Flanders	1,684 m²	1 · 194 m²	11.9 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

29-08-2023