Equity
€40,513 ▼ 35.0%
Vanco Engineering paid out €35,000 in dividends. That is 265% of the 2025 profit.
Vanco Engineering
Overview
Lifetime
4 annual accounts with figures on one time axispeak €40,015 (2024)
€28,311▼ 29.2%
peak €23,148 (2023)
€13,194▼ 35.7%
peak €62,319 (2024)
€40,513▼ 35.0%
€54,086▲ 23.9%
Board1 name since 2021
1 directorVANCOPPENOLLE Christophe René Anna
Documentsfilings and deeds
13-02-202676 days before the deadline
2025micro format
Gross margin from €40,015 to €28,311Result from €20,527 to €13,194Dividend €35,000Equity from €62,319 to €40,513Debts from €43,670 to €54,086
Key points
from the 2025 annual accountsChecked score
81
Excellent
Financially stronger than 28% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024highest value
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.6%▼ -0.1 percentage points vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.4%▼ -0.2 percentage points vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025lowest value
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 1.58, cash €5
Founded in 2021
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €94,599
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 40% of them on solvency, 8% on liquidity, 49% on profitability and 16% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as Vanco Engineering has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Vanco Engineering itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for Vanco Engineering. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.58 (2.21 in 2024), above the usual 1.5. Short-term debt is 57.2% and cash 0% of total assets. However, 57.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-02-2026, 76 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
76 days early
2024
63 days early
2023
28 days late
2022
5 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 29 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 March (3 of the last 4 accounts filed within 42 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0774866385
First establishment
Brugseweg 106, Ypres
Incorporation
Founding capital of €5,000, 100 shares · Founder: VANCOPPENOLLE Christophe René Anna · Appointment: VANCOPPENOLLE Christophe René Anna (director) · published on 05-10-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Vanco Engineering Ypres | €94,599 | €28,311 | 42.8% | - |
| KERCOW DIGITAL Bruges | €87,830 | €29,509 | 5.7% | - |
| TALK ABOUT JOBS Roeselare | €86,345 | €25,820 | 28.4% | - |
| 3D-SWOOD Benelux Damme | €97,088 | €31,451 | 52.4% | - |
| Jucel Packaging Anzegem | €85,869 | €24,963 | 72.4% | - |
| JOHNSON INVEST Kortrijk | €114,064 | €26,263 | 12.9% | - |
| StraS Langemark-Poelkapelle | €110,007 | €32,179 | 46.2% | - |
These companies have the same main activity as Vanco Engineering: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €85,900 and €114,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 30-09-2021Normal situation
- Activity
- Business and other management consultancyNACE 70200and 2 others
- Establishment unit
- 2.323.325.4898900 Ypres, since 01-10-2021
- Financial year end
- 30 September
- Peppol
- Reachable since 02-12-2024
Annual accounts to 30-09-2025
- €28,311▼ 29.2%
- €13,194▼ 35.7%
- €40,513▼ 35.0%
- €94,599▼ 10.7%
- Filing
- Filed on 13-02-2026, 76 days before the end of the filing period
Insights on Vanco Engineering
Vanco Engineering files the micro format. That format states no turnover. The gross margin rose from €20,592 in 2022 to €28,311 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 13-02-2026, 76 days before the deadline€28,311
▼ 29.2%
€22,660
▼ 31.9%
€13,194
▼ 35.7%
€31,305
▼ 40.8%
42.8%
▼ 16.0 percentage points
1.58
▼ 0.63
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €82,000. Estimated: probably between €49,000 and €110,000.
Balance sheet
balance sheet total €94,599 on 30-09-2025What the company ownsHow it is paid for
in euro
Position in the sector
42.8%
Higher than 39% of 39,364 companies in 2025.
1.58
Higher than 41% of 38,048 companies in 2025.
13.9%
Higher than 49% of 38,520 companies in 2025.
Vanco Engineering
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
94,599 | 105,990 | 78,305 | 30,685 | |
21/28 |
9,208 | 9,458 | 9,708 | 4,958 | |
22/27 |
4,208 | 4,458 | 4,708 | 4,958 | |
26 |
4,208 | 4,458 | 4,708 | 4,958 | |
28 |
5,000 | 5,000 | 5,000 | - | |
29/58 |
85,391 | 96,531 | 68,597 | 25,727 | |
40/41 |
84,888 | 92,444 | 68,540 | 24,867 | |
40 |
27,331 | 33,074 | 22,923 | 1,174 | |
41 |
57,557 | 59,370 | 45,617 | 23,693 | |
54/58 |
5 | - | 57 | 820 | |
490/1 |
498 | 4,088 | - | 40 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
94,599 | 105,990 | 78,305 | 30,685 | |
10/15 |
40,513 | 62,319 | 41,792 | 18,644 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
13 |
35,513 | 57,319 | 36,792 | 13,644 | |
133 |
35,513 | 57,319 | 36,792 | 13,644 | |
17/49 |
54,086 | 43,670 | 36,513 | 12,041 | |
42/48 |
54,086 | 43,670 | 36,431 | 12,041 | |
43 |
- | 0 | - | - | |
430/8 |
- | 0 | - | - | |
44 |
6,876 | 11,598 | 5,270 | 909 | |
440/4 |
6,876 | 11,598 | 5,270 | 909 | |
45 |
12,210 | 32,072 | 31,161 | 11,132 | |
450/3 |
12,210 | 32,072 | 31,161 | 11,132 | |
47/48 |
35,000 | - | - | - | |
492/3 |
- | - | 81 | - | |
| Income statement | |||||
9900 |
28,311 | 40,015 | 34,191 | 20,592 | |
630 |
250 | 250 | 250 | 42 | |
640/8 |
5,401 | 6,496 | 1,412 | 916 | |
9901 |
22,660 | 33,269 | 32,530 | 19,635 | |
75/76B |
1 | 280 | 1,845 | 815 | |
75 |
1 | 280 | 1,845 | 815 | |
65/66B |
4,215 | 4,484 | 1,323 | 286 | |
65 |
4,215 | 4,484 | 1,323 | 286 | |
9903 |
18,445 | 29,066 | 33,051 | 20,164 | |
67/77 |
5,251 | 8,539 | 9,903 | 6,520 | |
9904 |
13,194 | 20,527 | 23,148 | 13,644 | |
9905 |
13,194 | 20,527 | 23,148 | 13,644 | |
| Appropriation of the result | |||||
9906 |
13,194 | 20,527 | 23,148 | 13,644 | |
791/2 |
21,806 | - | - | - | |
691/2 |
- | 20,527 | 23,148 | 13,644 | |
6921 |
- | 20,527 | 23,148 | 13,644 | |
694/7 |
35,000 | - | - | - | |
694 |
35,000 | - | - | - | |
| Document | |||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 13-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2023 to 2024, 2 entries, €66 awarded, €66 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €0 | €32 |
| 2023 | 1 | €66 | €34 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 22,910 | 33,519 | 32,780 | 19,677 | ||
| 13,444 | 20,777 | 23,398 | 13,686 | ||
| 0 | 0 | 5,000 | 5,000 | ||
| - | - | -763 | - | ||
| 31,305 | 52,861 | 32,166 | 13,686 | ||
| 42.8% | 58.8% | 53.4% | 60.8% | ||
| 1.58 | 2.21 | 1.88 | 2.14 | ||
| 1.34 | 0.70 | 0.87 | 0.65 | ||
| 32.6% | 32.9% | 55.4% | 73.2% | ||
| 13.9% | 19.4% | 29.6% | 44.5% | ||
| 5.43 | 7.48 | 24.78 | 68.91 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €5,000 |
| Financial fixed assets | - | - | €5,000 | - |
| €250 | €250 | €250 | €42 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Vanco Engineering
The operating result for 2025 is 32% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total rises from 41.2% to 57.2%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 05-10-2021
term without a fixed end
listed in the 2025 annual accounts, filed on 13-02-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 15 - Bestuur Het bestuursorgaan zal overeenkomstig artikel 5:73 WVV, alle handelingen verrichten die nodig of dienstig zijn tot…”deed of 05-10-2021
Mandates through the years
1 name, the dashed line is todayVANCOPPENOLLE Christophe René Anna
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- VANCOPPENOLLE Christophe René Anna
- Director (not named in the articles), appointed by deed of 05-10-2021, still in office
Control
This company
Vanco Engineering
Equity €40,513
Profit €13,194 in 2025
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €405 in 2025
- Source
- deed of 05-10-2021
Articles of association
deed of 05-10-2021 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of January at 10:00
Founder
At incorporation
deed of 05-10-2021 ↗
- VANCOPPENOLLE Christophe René Anna sole founder · 100% at incorporation
Capital transactions
Capital over time
- 05-10-2021 Incorporation · €5,000
- 05-10-2021 Incorporation · €5,000 · 100 shares
Network & group
No group
Vanco Engineering has no parent and no holdings in its annual accounts. VANCOPPENOLLE Christophe René Anna is the only director. Vanco Engineering shares no director with another company.
At the same address
Brugseweg 106, 8900 Ypres · 1 other company| Vanhullebus, Thanya (sole trader)
establishment since 26-10-2026 |
founded in 2026 1044.524.110 |
Timeline
Timeline
9 events since 2021Filings
Financial
Establishments
202220242026
Deadline for the 2026 accounts: 30-04-2027
2026
Annual accounts 2025 filed PDFmicro format · 76 days before the deadline
2025
Weakest financial year net €13,194 ▼35.7% The net result drops to €13,194, the lowest from 2022 to 2025.
Annual accounts 2024 filed PDFmicro format · 63 days before the deadline
2024
Registered in the Peppol Directory Reachable for e-invoices through 0208:0774866385
Annual accounts 2023 filed PDFmicro format · 28 days late
2023
Highest result from 2022 to 2025 net €23,148 ▲69.7% The net result of €23,148 is the highest of those years.
Annual accounts 2022 filed PDFmicro format · 5 days before the deadline
2021
First establishment Brugseweg 106, Ypres
IncorporationFounding capital of €5,000, 100 shares · Founder: VANCOPPENOLLE Christophe René Anna · Appointment: VANCOPPENOLLE Christophe René Anna (director) · published on 05-10-20215 points ▸
- Registered office clause, Brugseweg 106, 8900 Ieper
- Director appointment, VANCOPPENOLLE Christophe René Anna (director (not named in the articles))
- Founder, VANCOPPENOLLE Christophe René Anna
- Founding capital, €5,000
- Founding capital, €5,000, 100 shares
- The deed holds 3 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 30 September 2021, Vanco Engineering was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 VANCOPPENOLLE Christophe René Anna is director of the company, appointed by deed of 05-10-2021.2 Total assets went from €30,685 in 2022 to €94,599 in 2025.3
Company details
Identity
- Enterprise number
- 0774.866.385
- VAT number
- BE 0774.866.385
- Peppol ID
- 0208:0774866385
- Other Peppol ID
- 9925:BE0774866385
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 30-09-2021
- Financial year
- ends on 30 September
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of January at 10:00deed of 05-10-2021 (in Dutch)
- Peppol
- Reachable since 02-12-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Vanco Engineering in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 05-10-2021 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- Vanco Engineeringdeed of 05-10-2021 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 05-10-2021 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
71121
Engineering activities
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het uitvoeren van opdrachten op het vlak van managementconsultancy voor toeleveringsbedrijven actief in de projectbouw, meer specifiek in de…”deed of 05-10-2021 (in Dutch)
7 activities
- Het uitvoeren van opdrachten op het vlak van managementconsultancy voor toeleveringsbedrijven actief in de projectbouw, meer specifiek in de project-engineering voor de technieken van verwarming, ventilatie en koeling. Samengevat: de HVAC Projectmanaging;
- Het bestuderen en analyseren van lastenboeken en offertes, begrotingen, oplevertermijnen en kwaliteitseisen;
- Het samenstellen van werfbezetting, werkmethodes en projectteams;
- Het waarnemen en uitoefenen van mandaten als bestuurder, directeur en/of gevolmachtigde in rechtspersonen.
- Groot- en kleinhandel in handelsgoederen met betrekking tot informatica en elektronica, elektrische apparaten, verbruik- en investeringsgoederen in de ruime zin ten behoeve van HVAC-sector;
- Het uitvoeren van administratieve verrichtingen in de meest uitgebreide zin.
- Het ontwikkelen van een totaal activiteit in de sector van het onroerend goed, met name enerzijds het beheren van het onroerend goed en anderzijds een actieve deelname aan de immobiliënmarkt door het aankopen, ruilen, verkopen, verkavelen, ten gelde maken, beheren, huren, verhuren, promoten, het laten bouwen en verbouwen van onroerende goederen van alle aard, het verlenen en verkrijgen van rechten houdende opstal, natrekking, erfpacht, vruchtgebruik en blote eigendom, hypotheek, voorrecht en optie.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Brugseweg 106 registered office 8900 Ypres | 01-10-2021 | 2.323.325.489 |
Buildings and parcels at the address
- Ground area
- 153 m²
- Buildings
- 100 m²
- Volume, LiDAR
- 456 m³
- Tallest building
- 9.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 33302A0203/00W002 | 153 m² | 1 · 100 m² | 9.6 m · 1 |