VANCEA
Dissolution or liquidationThe KBO register records for VANCEA the legal situation: dissolution or liquidation (code 013); 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.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 29-08-2023, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2022
29 d late
2021
2 d early
2020
1 d late
2019
on the day
2018
1 d late
2017
2 d late
2016
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Turnover
€639k▼ 27.5%
2021 · €881k
2018: €735k
2019: €1.05M
2020: €822k
2021: €881k
2018 → 2022
EBIT margin
-9.8%▼ 12.1pp
2021 · 2.3%
2018: 7.1%
2019: 7.9%
2020: 3.0%
2021: 2.3%
2018 → 2022
Net result
€-73k
2021 · €11k
2018: €61k
2019: €61k
2020: €16k
2021: €11k
2018 → 2022
Working capital
€88k▼ 57.3%
2021 · €206k
2018: €109k
2019: €151k
2020: €144k
2021: €206k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€735k-€1.05M▲ 43.2%€822k▼ 22.0%€881k▲ 7.2%€639k▼ 27.5%
Equity€121k-€164k▲ 35.7%€177k▲ 8.4%€188k▲ 6.0%€115k▼ 39.0%
Operating result€52k-€83k▲ 59.3%€24k▼ 70.5%€20k▼ 17.1%€-62k
Net result€61k-€61k▲ 0.4%€16k▼ 74.2%€11k▼ 31.7%€-73k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €62k after €20k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €274k
Fixed assets
€56k▲ 156%
Current assets
€218k▼ 33.0%
Equity and liabilities €274k
Equity
€115k▼ 39.0%
Debt
€159k=
The debt ratio rises from 45.8% to 58.1%. Equity is lower.
Key figures and ratios
EBITDA
€-52k▼
2021 · €35k
Cash flow
€-63k▼
2021 · €25k
Solvency
41.9%▼
2021 · 54.2%
Current ratio
1.68▼
2021 · 2.72
Quick ratio
1.22▼
2021 · 2.23
Debt / equity
1.39▲
2021 · 0.85
ROE
-63.9%▼
2021 · 5.7%
ROA
-26.8%▼
2021 · 3.1%
Interest coverage
-5.12▼
2021 · 5.05
Debt
€159k=
2021 · €159k
Debt ≤ 1 year
€130k▲
2021 · €119k
Debt > 1 year
€29k▼
2021 · €40k
Income taxes
€1k▼
2021 · €7k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€347k€274k▼
Fixed assets21/28€22k€56k▲
Tangible fixed assets22/27€22k€56k▲
Plant, machinery and equipment23€1k€17k▲
Furniture and vehicles24€21k€39k▲
Financial fixed assets28-€229
Current assets29/58€325k€218k▼
Stocks and contracts in progress3€58k€60k▲
Stocks30/36€58k€60k▲
Amounts receivable within one year40/41€163k€124k▼
Trade receivables40€80k€56k▼
Other amounts receivable41€83k€68k▼
Cash at bank and in hand54/58€23k€2k▼
Deferred charges and accrued income490/1€81k€32k▼
Equity and liabilities
Total equity and liabilities10/49€347k€274k▼
Equity10/15€188k€115k▼
Contributions10/11€9k€9k=
Reserves13€20k€20k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€18k€18k=
Profit (loss) carried forward14€160k€86k▼
Amounts payable17/49€159k€159k=
Amounts payable after more than one year17€40k€29k▼
Financial debts170/4€40k€29k▼
Amounts payable within one year42/48€119k€130k▲
Current portion of amounts payable after more than one year42€13k€12k▼
Trade debts44€106k€118k▲
Suppliers440/4€106k€118k▲
Income statement
Code20212022
Turnover70€881k€639k▼
Non-recurring operating income76A-€10k
Goods, raw materials, services and sundry goods60/61€855k€721k▼
Remuneration, social security and pensions62€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€11k▼
Other operating charges640/8€7k€9k▲
Gross operating margin9900€47k€-43k▼
Operating profit (loss)9901€20k€-62k▼
Financial income75/76B€4k€265▼
Recurring financial income75€4k€265▼
Financial charges65/66B€7k€10k▲
Recurring financial charges65€7k€10k▲
Profit (loss) for the period before taxes9903€18k€-72k▼
Income taxes67/77€7k€1k▼
Profit (loss) for the period9904€11k€-73k▼
Profit (loss) for the period to be appropriated9905€11k€-73k▼
Appropriation of the result
Profit (loss) to be appropriated9906€160k€86k▼
Profit (loss) brought forward from the previous period14P€149k€160k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-73k ▼784%
Net result drops to €-73k, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-11
Financial
Highest result since 2018net €61k ▲0.4%
Operating result €83k, net result €61k, both a record.
30-11
Financial
Equity above €150kEq €164k ▲35.7%
2 profitable years in a row build equity to €164k.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
18-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
17-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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
1 establishment unit since 2007
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.
Ground area
1,684 m²
Building footprint
194 m²
Volume, LiDAR
1,250 m³
Parcel 23543I0237/00X005, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vancea Construct
since 20072.160.812.382
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23543I0237/00X005 | Flanders | 1,684 m² | 1 · 194 m² | 11.9 m · 2 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.
Similar companies · same sector, comparable size
BOUWWERKEN TEUGELS
BE 0711.869.934
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JGE CONSTRUCT
BE 1005.261.181
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J/WYCKHUYS
BE 0791.619.473
Wingene · Eq €115k
I.D.R. CONSTRUCT
BE 0886.923.656
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EWL
BE 0695.771.694
Essen · Eq €116k
Of 2,451 companies in sector 41003 we hold annual accounts for 1,055. 753 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-02-2007
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
45213
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.