Vancovar
ActiveVancovar has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.44M and a net result of €467k. Its solvency ranks better than 87% of 11209 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+1
Growth52
Track record82
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days only on tighter terms
Liquidity ample (current ratio 7.76 against 3.91 in 2024; short-term debt: 12.9% and cash: 3.5% of total assets), and 13% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
87%
Return on assets
28.1%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
1 d early
2024
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.44M▲ 47.7%
2024 · €978k
2024: €978k
2024 → 2025
Total assets
€1.66M▲ 26.2%
2024 · €1.32M
2024: €1.32M
2024 → 2025
Net result
€467k▼ 52.0%
2024 · €973k
2024: €973k
2024 → 2025
Working capital
€1.45M▲ 47.7%
2024 · €979k
2024: €979k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€978k-€1.44M▲ 47.7%
Operating result€1.29M-€645k▼ 49.9%
Net result€973k-€467k▼ 52.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 50% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.66M
Equity
€1.44M▲ 47.7%
Debt
€216k▼ 36.2%
The debt ratio falls from 25.7% to 13.0%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
87.0%▲
2024 · 74.3%
Current ratio
7.76▲
2024 · 3.91
Quick ratio
7.76▲
2024 · 3.91
Debt / equity
0.15▼
2024 · 0.35
ROE
32.3%▼
2024 · 99.5%
ROA
28.1%▼
2024 · 73.9%
Debt
€216k▼
2024 · €338k
Debt ≤ 1 year
€214k▼
2024 · €337k
Income taxes
€211k▼
2024 · €318k
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€1.32M€1.66M▲
Current assets29/58€1.32M€1.66M▲
Amounts receivable within one year40/41€292k€201k▼
Trade receivables40€292k€201k▼
Current investments50/53€1.01M€1.40M▲
Cash at bank and in hand54/58€13k€59k▲
Equity and liabilities
Total equity and liabilities10/49€1.32M€1.66M▲
Equity10/15€978k€1.44M▲
Contributions10/11€5k€5k=
Reserves13€973k€1.44M▲
Distributable reserves133€973k€1.44M▲
Amounts payable17/49€338k€216k▼
Amounts payable within one year42/48€337k€214k▼
Trade debts44€776€0▼
Suppliers440/4€776€0▼
Taxes, remuneration and social security45€334k€212k▼
Taxes450/3€334k€212k▼
Other amounts payable47/48€2k€2k=
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Other operating charges640/8€384€513▲
Gross operating margin9900€1.29M€646k▼
Operating profit (loss)9901€1.29M€645k▼
Financial income75/76B€2k€33k▲
Recurring financial income75€2k€33k▲
Financial charges65/66B€128€102▼
Recurring financial charges65€128€102▼
Profit (loss) for the period before taxes9903€1.29M€678k▼
Income taxes67/77€318k€211k▼
Profit (loss) for the period9904€973k€467k▼
Profit (loss) for the period to be appropriated9905€973k€467k▼
Appropriation of the result
Profit (loss) to be appropriated9906€973k€467k▼
Transfer to equity691/2€973k€467k▼
To other reserves6921€973k€467k▼
The notes to these accounts (2 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Equity above €1MEq €1.44M ▲47.7%
2 profitable years in a row build equity to €1.44M.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ardooie · 1 establishment unit since 2023
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.
Burgerleenstraat 388851 ArdooieGround area
5.4 ha
Building footprint
189 m²
Volume, LiDAR
350 m³
2 parcels, Flanders · tallest building 7.5 m. Linked by address, not a title deed.
1 establishment unit
Vancovar
since 20232.353.793.783
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37005C0973/00X000 | Flanders | 4.8 ha | 1 · 189 m² | 7.5 m |
| 36001A0085/00A000 | Flanders | 5,130 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
AGRO - ECO
BE 0425.284.523
Roeselare · Eq €1.40M
CULIMETA BENELUX
BE 0457.426.759
Koksijde · Eq €1.57M
A.T.D.
BE 0449.399.218
Ternat · Eq €1.57M
Okser
BE 0838.899.946
Lichtervelde · Eq €1.59M
GIMF
BE 0552.883.568
Zedelgem · Eq €1.60M
Of 409 companies in sector 46110 we hold annual accounts for 173. 87 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-11-2023
Fiscal year end30-06
Activities, NACEBEL
46110Wholesale trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.