VANCO
ActiveSummary
VANCO has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €127k and a net result of €93k. Its solvency ranks better than 42% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency74▼-20
Growth78
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.82 against 3.2 in 2023; short-term debt: 50.6% and cash: 32.7% of total assets), and 50.6% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€127k▲ 280%
2023 · €33k
Total assets
€256k▲ 429%
2023 · €48k
Net result
€93k▲ 155%
2023 · €37k
Working capital
€-24k
2023 · €33k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€44k-€119k▲ 168%
Net result€37k-€93k▲ 155%
Equity€33k-€127k▲ 280%
Total assets€48k-€256k▲ 429%
Debt€15k-€130k▲ 756%
Working capital€33k-€-24k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 168% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €256k
Fixed assets
€150k
Current assets
€106k
Equity and liabilities €256k
Equity
€127k ▲ 280%
Debt
€130k ▲ 756%
Debt's share of the balance-sheet total rises from 31.2% to 50.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€130k
Cash flow
€104k
Current ratio
0.82▼
2023 · 3.20
Debt to equity
1.02▲
2023 · 0.45
ROE
73.7%▼
2023 · 109.8%
ROA
36.4%▼
2023 · 75.5%
Interest coverage
125.63
Debt ≤ 1 year
€130k▲
2023 · €15k
Income taxes
€25k▲
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €11k | - |
| Other operating charges640/8 | - | €2k | - |
| Gross operating margin9900 | €44k | €132k | ▲ 197% |
| Operating profit (loss)9901 | €44k | €119k | ▲ 168% |
| Financial charges65/66B | €0 | €1k | ▲ 689,733% |
| Recurring financial charges65 | €0 | €1k | ▲ 689,733% |
| Profit (loss) for the period before taxes9903 | €44k | €118k | ▲ 166% |
| Income taxes67/77 | €8k | €25k | ▲ 218% |
| Profit (loss) for the period9904 | €37k | €93k | ▲ 155% |
| Profit (loss) for the period to be appropriated9905 | €37k | €93k | ▲ 155% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €48k | €256k | ▲ 429% |
| Fixed assets21/28 | - | €150k | - |
| Tangible fixed assets22/27 | - | €150k | - |
| Land and buildings22 | - | €59k | - |
| Furniture and vehicles24 | - | €91k | - |
| Current assets29/58 | €48k | €106k | ▲ 118% |
| Amounts receivable within one year40/41 | €11k | €22k | ▲ 93.1% |
| Trade receivables40 | €9k | €18k | ▲ 113% |
| Other amounts receivable41 | €3k | €4k | ▲ 32.5% |
| Cash at bank and in hand54/58 | €37k | €84k | ▲ 126% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €48k | €256k | ▲ 429% |
| Equity10/15 | €33k | €127k | ▲ 280% |
| Contributions10/11 | €5k | €5k | = |
| Profit (loss) carried forward14 | €28k | €122k | ▲ 329% |
| Amounts payable17/49 | €15k | €130k | ▲ 756% |
| Amounts payable within one year42/48 | €15k | €130k | ▲ 756% |
| Current portion of amounts payable after more than one year42 | - | €46k | - |
| Trade debts44 | €7k | €13k | ▲ 87.5% |
| Suppliers440/4 | €7k | €13k | ▲ 87.5% |
| Taxes, remuneration and social security45 | €8k | €27k | ▲ 243% |
| Taxes450/3 | €8k | €25k | ▲ 206% |
| Remuneration and social security454/9 | - | €3k | - |
| Other amounts payable47/48 | €24 | €43k | ▲ 177,338% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €37k | €93k | ▲ 155% |
| + Depreciation and write-downs630 | - | €11k | - |
| Operating cash flow (approximation) | €37k | €104k | ▲ 186% |
| Change in cash | - | €47k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Equity above €100kEq €127k ▲280%
2 profitable years in a row build equity to €127k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ranst · 1 establishment unit since 2023
Ground area
948 m²
Building footprint
143 m²
Parcel 11031A0618/00B003, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VANCO
since 20232.349.751.853
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11031A0618/00B003 | Flanders | 948 m² | 1 · 143 m² | - |
Linked by address, not proof of ownership
Good to know
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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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 40,854 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.