VANCO
ActiveVANCO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133k and a net result of €31k. Equity is shrinking by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 41% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+11
Solvency70▲+20
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.02 against 1.42 in 2024; short-term debt: 43.8% and cash: 81.7% of total assets), but 55.4% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
44.6%
Return on assets
10.3%
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 €133k
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
1 d early
2023
30 d late
2022
on the day
2021
8 d late
2020
17 d early
2019
27 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€133k▲ 30.2%
2024 · €102k
2018: €193k
2019: €171k
2020: €155k
2021: €110k
2022: €79k
2023: €86k
2024: €102k
2018 → 2025
Total assets
€298k▼ 25.8%
2024 · €402k
2018: €1.05M
2019: €1.01M
2020: €462k
2021: €422k
2022: €376k
2023: €385k
2024: €402k
2018 → 2025
Net result
€31k▲ 86.8%
2024 · €17k
2018: €26k
2019: €-22k
2020: €-16k
2021: €-45k
2022: €-30k
2023: €7k
2024: €17k
2018 → 2025
Working capital
€133k▲ 23.9%
2024 · €108k
2018: €175k
2019: €142k
2020: €130k
2021: €92k
2022: €70k
2023: €83k
2024: €108k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€110k-€79k▼ 27.8%€86k▲ 8.2%€102k▲ 19.3%€133k▲ 30.2%
Operating result€-36k-€-23k▲ 35.3%€15k€25k▲ 64.9%€55k▲ 119%
Net result€-45k-€-30k▲ 32.4%€7k€17k▲ 154%€31k▲ 86.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 119% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €298k
Fixed assets
€34k▼ 9.8%
Current assets
€264k▼ 27.4%
Equity and liabilities €298k
Equity
€133k▲ 30.2%
Debt
€165k▼ 44.9%
The debt ratio falls from 74.6% to 55.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2024 · €48k
Cash flow
€41k▲
2024 · €39k
Solvency
44.6%▲
2024 · 25.4%
Current ratio
2.02▲
2024 · 1.42
Quick ratio
2.02▲
2024 · 1.42
Debt / equity
1.24▼
2024 · 2.93
ROE
23.2%▲
2024 · 16.2%
ROA
10.3%▲
2024 · 4.1%
Interest coverage
7.78▲
2024 · 5.66
Debt
€165k▼
2024 · €300k
Debt ≤ 1 year
€131k▼
2024 · €256k
Debt > 1 year
€34k▼
2024 · €43k
Income taxes
€17k▲
2024 · €120
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€402k€298k▼
Fixed assets21/28€38k€34k▼
Tangible fixed assets22/27€38k€34k▼
Land and buildings22€24k€20k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€11k€12k▲
Current assets29/58€364k€264k▼
Amounts receivable within one year40/41€19k€20k▲
Trade receivables40€19k€20k▲
Cash at bank and in hand54/58€345k€244k▼
Equity and liabilities
Total equity and liabilities10/49€402k€298k▼
Equity10/15€102k€133k▲
Contributions10/11€20k€20k=
Reserves13€150k€150k=
Distributable reserves133€150k€150k=
Profit (loss) carried forward14€-69k€-38k▲
Amounts payable17/49€300k€165k▼
Amounts payable after more than one year17€43k€34k▼
Financial debts170/4€43k€34k▼
Amounts payable within one year42/48€256k€131k▼
Current portion of amounts payable after more than one year42€9k€9k=
Trade debts44€255-
Suppliers440/4€255-
Taxes, remuneration and social security45€12k€30k▲
Taxes450/3€12k€30k▲
Other amounts payable47/48€235k€91k▼
Income statement
Code20242025
Non-recurring operating income76A-€973
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€10k▼
Other operating charges640/8€318€320▲
Gross operating margin9900€48k€65k▲
Operating profit (loss)9901€25k€55k▲
Financial income75/76B€228€2k▲
Recurring financial income75€228€2k▲
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€17k€48k▲
Income taxes67/77€120€17k▲
Profit (loss) for the period9904€17k€31k▲
Profit (loss) for the period to be appropriated9905€17k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-69k€-38k▲
Profit (loss) brought forward from the previous period14P€-85k€-69k▲
The notes to these accounts (6 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €31k ▲86.8%
Operating result €55k, net result €31k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €102k ▲19.3%
2 profitable years in a row build equity to €102k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after 4 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-12
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Antwerpen · 1 establishment unit since 2010
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.
Prins Albertlei 232600 AntwerpenGround area
1,446 m²
Building footprint
579 m²
Volume, LiDAR
14,167 m³
Parcel 11303B0348/00S000, Flanders · tallest building 31.3 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
VANCO
since 20102.195.451.082
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0348/00S000 | Flanders | 1,446 m² | 1 · 579 m² | 31.3 m · 10 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 360 EUR awarded · 360 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 360 EUR | 360 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 40,876 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-11-1995
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:Vanco@lbp.be