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Vanda Group

Active
Private limited companyfounded 2023active for 3 yearsMolenweg 2, 9230 Wetteren, BelgiumKBO/BCE: BE 0802.594.331
Summary

Vanda Group has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €208,808 and a net result of €93,102. Its solvency ranks better than 59% of 3,702 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Crop and animal production, hunting and related service activities
NACE 01301
1 site
Size
€496,362total assets 2025
Equity
€208,808
Profit
€93,102
Turnover not published (micro format)
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts on time
Why 92raises riskFounded in 2023lowers riskSector: Crop and animal production, hunting and related service activities (NACE 01)Size: total assets €496,362Figures for financial year 2025 (filed 02-02-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 66% of its sector peers (NACE 01, micro)
Financial strength · tick = 2024
Strong
Solvency 67-20
equity 42.1% of total assets
Liquidity 32-30
short-term debt 57.9% · cash 9.3%
Profitability 92-8
return on assets 18.8%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,688 companies, NACE 01, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.6%▲ +0.1 percentage points vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025highest value 03-2025: < 0.1%▼ -0.6 percentage points vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.17, compared with 2.64 in 2024, below the usual 1.5; short-term debt: 57.9% and cash: 9.3% of total assets), and 57.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 01, micro): better than 57% on solvency, 25% on liquidity, 89% on profitability and 91% on growth.

The bankruptcy probability was computed on 26-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €496,362
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 02-02-2026)
NBB · annual accounts
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 31-01-2026, 0 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
on the day
2024
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average on the deadline day; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end27-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Equity above €200,000equity €208,808 ▲80.5%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€208,808▲ 80.5%
2024 · €115,706
Total assets
€496,362▲ 167%
2024 · €186,135
Net result
€93,102▼ 18.1%
2024 · €113,706
Working capital
€48,551▼ 58.0%
2024 · €115,706
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 22% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€114,147 2025 Net result€93,102 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 01, Crop and animal production, hunting and related service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€145,566-€114,147▼ 21.6%
Net result€113,706above the sector's middle half-€93,102above the sector's middle half▼ 18.1%
Equity€115,706within the sector's middle half-€208,808within the sector's middle half▲ 80.5%
Total assets€186,135within the sector's middle half-€496,362within the sector's middle half▲ 167%
Debt€70,428-€287,554▲ 308%
Working capital€115,706above the sector's middle half-€48,551within the sector's middle half▼ 58.0%
Solvency62.2%above the sector's middle half-42.1%within the sector's middle half▼ 20.1pp
Current ratio2.64above the sector's middle half-1.17within the sector's middle half▼ 1.47
Return on assets (ROA)61.1%above the sector's middle half-18.8%above the sector's middle half▼ 42.3pp
above within below the middle half of NACE 01, Crop and animal production, hunting and related service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €496,362
Fixed assets €160,257
Current assets €336,106
Equity and liabilities €496,362
Equity €208,808 ▲ 80.5%
Debt €287,554 ▲ 308%
Debt's share of the balance-sheet total rises from 37.8% to 57.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€121,777
Cash flow
€100,732
Debt to equity
1.38▲
2024 · 0.61
ROE
44.6%▼
2024 · 98.3%
Interest coverage
over 100
Debt ≤ 1 year
€287,554▲
2024 · €70,428
Income taxes
€20,349▼
2024 · €31,235
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,127 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97.2% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
1.9% stopped otherwise
97.2% still going

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,127 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€186,135€496,362▲
Fixed assets21/28-€160,257
Tangible fixed assets22/27-€160,257
Land and buildings22-€135,652
Plant, machinery and equipment23-€24,605
Current assets29/58€186,135€336,106▲
Amounts receivable within one year40/41€141,814€290,076▲
Trade receivables40€141,800€239,205▲
Other amounts receivable41€14€50,871▲
Cash at bank and in hand54/58€44,320€46,029▲
Equity and liabilities
Total equity and liabilities10/49€186,135€496,362▲
Equity10/15€115,706€208,808▲
Contributions10/11€2,000€2,000=
Reserves13€112,500€205,602▲
Distributable reserves133€112,500€205,602▲
Profit (loss) carried forward14€1,206€1,206=
Amounts payable17/49€70,428€287,554▲
Amounts payable within one year42/48€70,428€287,554▲
Trade debts44€2,400€220,825▲
Suppliers440/4€2,400€220,825▲
Taxes, remuneration and social security45€40,575€65,349▲
Taxes450/3€40,575€29,363▼
Remuneration and social security454/9-€35,986
Other amounts payable47/48€27,454€1,381▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€7,630
Other operating charges640/8€139€1,604▲
Gross operating margin9900€145,705€123,382▼
Operating profit (loss)9901€145,566€114,147▼
Financial charges65/66B€625€697▲
Recurring financial charges65€625€697▲
Profit (loss) for the period before taxes9903€144,942€113,451▼
Income taxes67/77€31,235€20,349▼
Profit (loss) for the period9904€113,706€93,102▼
Profit (loss) for the period to be appropriated9905€113,706€93,102▼
Appropriation of the result
Profit (loss) to be appropriated9906€113,706€94,308▼
Profit (loss) brought forward from the previous period14P-€1,206
Transfer to equity691/2€112,500€93,102▼
To other reserves6921€112,500€93,102▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€7,630-
Other operating charges640/8€139€1,604▲ 12×
Gross operating margin9900€145,705€123,382▼ 15.3%
Operating profit (loss)9901€145,566€114,147▼ 21.6%
Financial charges65/66B€625€697▲ 11.5%
Recurring financial charges65€625€697▲ 11.5%
Profit (loss) for the period before taxes9903€144,942€113,451▼ 21.7%
Income taxes67/77€31,235€20,349▼ 34.9%
Profit (loss) for the period9904€113,706€93,102▼ 18.1%
Profit (loss) for the period to be appropriated9905€113,706€93,102▼ 18.1%
Line20242025Change
Assets
Total assets20/58€186,135€496,362▲ 167%
Fixed assets21/28-€160,257-
Tangible fixed assets22/27-€160,257-
Land and buildings22-€135,652-
Plant, machinery and equipment23-€24,605-
Current assets29/58€186,135€336,106▲ 80.6%
Amounts receivable within one year40/41€141,814€290,076▲ 105%
Trade receivables40€141,800€239,205▲ 68.7%
Other amounts receivable41€14€50,871▲ 3,588×
Cash at bank and in hand54/58€44,320€46,029▲ 3.9%
Equity and liabilities
Total equity and liabilities10/49€186,135€496,362▲ 167%
Equity10/15€115,706€208,808▲ 80.5%
Contributions10/11€2,000€2,000=
Reserves13€112,500€205,602▲ 82.8%
Distributable reserves133€112,500€205,602▲ 82.8%
Profit (loss) carried forward14€1,206€1,206=
Amounts payable17/49€70,428€287,554▲ 308%
Amounts payable within one year42/48€70,428€287,554▲ 308%
Trade debts44€2,400€220,825▲ 92×
Suppliers440/4€2,400€220,825▲ 92×
Taxes, remuneration and social security45€40,575€65,349▲ 61.1%
Taxes450/3€40,575€29,363▼ 27.6%
Remuneration and social security454/9-€35,986-
Other amounts payable47/48€27,454€1,381▼ 95.0%
Line20242025Change
Profit (loss) for the period9904€113,706€93,102▼ 18.1%
+ Depreciation and write-downs630-€7,630-
Operating cash flow (approximation)€113,706€100,732▼ 11.4%
Change in cash-€1,709-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
30-06-2025 micro format 31-01-2026 2026-00025805
30-06-2024 micro format 31-01-2025 2025-00023525

Similar companies · same sector, comparable size

Of the 636 active companies whose main activity is crop and animal production, hunting and related service activities (NACE 01301), figures are known for 304. 238 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2023
Van Damme Christophe
Director · since 13-06-2023
Current
VAN DAMME Xander Jozef Clarisse
Statutory director · since 13-06-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2023, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Van Damme Christophe
  • Director, from 13-06-2023 to date
VAN DAMME Xander Jozef Clarisse
  • Statutory director, from 13-06-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

Vanda Group was incorporated on 9 June 2023 as a private limited company.1 The board currently has 2 members; 2 of them have served since 2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 13-06-2023
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-01-2027
2026
31-01
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
30-06
Financial Equity above €200,000equity €208,808 ▲80.5%
A profit in every financial year since 2024 builds equity to €208,808.
31-01
NBB filing Annual accounts filed
financial year 2024 · micro format
2023
13-06
Gazette deed Incorporation
Appointments: VAN DAMME Xander Jozef Clarisse (statutory director) and Van Damme Christophe (director) · Founder · Founding capital9 facts ▸
  • Incorporation, “Vanda Group” (deed in Dutch)
  • Founder, VAN DAMME Xander Jozef Clarisse (comparant/oprichter)
  • Founding capital, €2,000
  • Bank account, 2000, “bijzondere rekening namens vennootschap in oprichting” (deed in Dutch)
  • Other provision, 05-06-2023
  • Other provision, “bevestiging deponering overeenkomstig WVV”, 2000 (deed in Dutch)
  • Share issue, 100, “vergoeding voor inbrengen” (deed in Dutch)
  • Director appointment, VAN DAMME Xander Jozef Clarisse (statutory director)
  • Director appointment, Van Damme Christophe (director)
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded09-06-2023
Financial year end30-06
Activities, NACEBEL 2025
01301Crop and animal production, hunting and related service activities
46220Wholesale trade
47761Retail sale of flowers, plants, seeds and fertilisers
63920Other information service activities
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802594331
Also 9925:BE0802594331
Registered 09-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits

2 applications in Flanders since 2023 · 1 granted · 1 under appeal
Bouwen of herbouwen; Nieuwbouw of aanleggen
Under appealsubmitted 23-05-2025authority: RVVBproject 2025062126
Bouwen of herbouwen; Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen
Granted on 25-09-2025submitted 20-08-2023authority: Provincie Oost-Vlaanderenproject 2023085569

Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Wetteren · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
1,606 m²
Building footprint
196 m²
Building volume
1,014 m³
Parcel 42025B0742/00C000, Flanders · tallest building 7.9 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Molenweg 2, 9230 Wetteren
Crop and animal production, hunting and related service activities
since 2023unit no. 2.348.220.045
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
42025B0742/00C000 Flanders 1,606 m² 1 · 196 m² 7.9 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het uitbaten van een bloemisterij en tuinbouwbedrijf in de meest uitgebreide zin van het woord; De aan- en verkoop,groot- en/of kleinhandel…” (deed in Dutch)
8 activities (deed in Dutch)
  1. Het uitbaten van een bloemisterij en tuinbouwbedrijf in de meest uitgebreide zin van het woord
  2. De aan- en verkoop,groot- en/of kleinhandel van planten,bloemen,struiken,plantgoed,in de ruimste zin van het woord,zonder dat deze opsomming beperkend is
  3. De handel in alle tuinbouwartikelen en producten welke rechtstreeks of onrechtstreeks daarmee verband houden
  4. De tussenpersoon in de handel
  5. Prospectie van klanten en nieuwe markten
  6. Productontwikkeling,onderzoek en innovaties
  7. Het verlenen van om het even welke samenstelling van diensten aan haar klanten die wettelijk mogelijk zijn en die door de toepasselijke wetten en de gebeurlijke beroepsreglementen toegelaten zijn
  8. De aankoop,oprichting,verkoop,huur en verhuren en het beheer van onroerende en roerende goederen

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Vanda Group
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)
“9230 Wetteren,Molenweg 2” (deed in Dutch)

deed of 13-06-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“De vennootschap wordt jegens derden en in rechte als eiser of als verweer-der vertegenwoordigd door iedere bestuurder, alleen optredend. Hij…”
Board ruleHow the board is made up, meets and takes decisions.
“Algemene vergadering, algemene vergadering” (deed in Dutch)
“Geheel van bevoegdheden” (deed in Dutch)
“Algemene vergadering, algemene vergadering van aandeelhouders” (deed in Dutch)
1 more provision on this in the deed

deed of 13-06-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, volgnummer” (deed in Dutch)

deed of 13-06-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Thursday of December at 17:00

deed of 13-06-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Gelijk recht per aandeel in winstverdeling en vereffeningsaldo” (deed in Dutch)
Other provision: “Aandeelhouders,bestuurders of werknemers, uitvoering opdracht in naam en voor rekening van rechtspersoon” (deed in Dutch)
Other provision: “Dagelijks bestuur, bestuursorgaan:alleen of gezamenlijk” (deed in Dutch)
Other provision: “Aanwending jaarlijkse nettowinst, algemene vergadering” (deed in Dutch)
2 more provisions in the deed, see the deed of 13-06-2023

deed of 13-06-2023