VANDAR
ActiveVANDAR has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.26M and a net result of €-21k. Equity is shrinking by ~5.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 5276.54 against 486.09 in 2024), and 0.1% 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
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
99.9%
Return on assets
-1.6%
Age of the figures
8 mo
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
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
148 d early
2023
1 d early
2022
31 d late
2021
30 d early
2020
38 d early
2019
39 d early
← 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
11-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.26M▼ 1.6%
2024 · €1.28M
2018: €1.80M
2019: €1.80M
2020: €1.80M
2021: €1.79M
2022: €1.29M
2023: €1.28M
2024: €1.28M
2018 → 2025
Total assets
€1.26M▼ 2.8%
2024 · €1.30M
2018: €1.86M
2019: €1.86M
2020: €1.86M
2021: €1.81M
2022: €1.30M
2023: €1.30M
2024: €1.30M
2018 → 2025
Net result
€-21k▼ 483%
2024 · €-4k
2018: €-9k
2019: €3k
2020: €-6k
2021: €-4k
2022: €-504k
2023: €-5k
2024: €-4k
2018 → 2025
Working capital
€1.20M▲ 1,157%
2024 · €95k
2018: €18k
2019: €162k
2022: €102k
2024: €95k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.79M-€1.29M▼ 28.2%€1.28M▼ 0.4%€1.28M▼ 0.3%€1.26M▼ 1.6%
Operating result€-4k-€-4k▼ 6.6%€-4k▼ 7.5%€-4k▲ 1.7%€-20k▼ 375%
Net result€-4k-€-504k▼ 11,862%€-5k▲ 99.1%€-4k▲ 25.3%€-21k▼ 483%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20k in 2025 against €4k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.26M
Fixed assets
€60k▼ 95.0%
Current assets
€1.20M▲ 1,154%
Equity and liabilities €1.26M
Equity
€1.26M▼ 1.6%
Debt
€1k▼ 92.4%
The debt ratio falls from 1.3% to 0.1%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-19k
Cash flow
€-20k
Solvency
99.9%▲
2024 · 98.7%
Current ratio
5276.54▲
2024 · 486.09
Quick ratio
5276.54▲
2024 · 486.09
Debt / equity
0.00▼
2024 · 0.01
ROE
-1.6%▼
2024 · -0.3%
ROA
-1.6%▼
2024 · -0.3%
Interest coverage
-16.29
Debt
€1k▼
2024 · €16k
Debt ≤ 1 year
€227▲
2024 · €197
Debt > 1 year
€1k▼
2024 · €16k
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€1.30M€1.26M▼
Fixed assets21/28€1.20M€60k▼
Intangible fixed assets21-€60k
Financial fixed assets28€1.20M-
Current assets29/58€96k€1.20M▲
Amounts receivable after more than one year29-€709k
Other amounts receivable291-€709k
Amounts receivable within one year40/41-€406k
Other amounts receivable41-€406k
Cash at bank and in hand54/58€94k€85k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€1.30M€1.26M▼
Equity10/15€1.28M€1.26M▼
Contributions10/11€1.65M€1.65M=
Reserves13€138k€138k=
Distributable reserves133€138k€138k=
Profit (loss) carried forward14€-510k€-531k▼
Amounts payable17/49€16k€1k▼
Amounts payable after more than one year17€16k€1k▼
Other amounts payable178/9€16k€1k▼
Amounts payable within one year42/48€197€227▲
Trade debts44€197€227▲
Suppliers440/4€197€227▲
Accrued charges and deferred income492/3€264-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1k
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-3k€-18k▼
Operating profit (loss)9901€-4k€-20k▼
Financial income75/76B€2k€687▼
Recurring financial income75€2k€687▼
Financial charges65/66B€799€1k▲
Recurring financial charges65€799€1k▲
Profit (loss) for the period before taxes9903€-4k€-21k▼
Profit (loss) for the period9904€-4k€-21k▼
Profit (loss) for the period to be appropriated9905€-4k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-510k€-531k▼
Profit (loss) brought forward from the previous period14P€-507k€-510k▼
The notes to these accounts (7 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 11current ratio 5276.54
Current ratio from 486.09 to 5276.54.
05-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-504k
Net result drops to €-504k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity times 11current ratio 7027.81
Current ratio from 619.90 to 7027.81; short-term debt falls from €30 to €23.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
27-12-2023
Resigned as Director
Location & real-estate footprint
Registered office, Arendonk · 1 establishment unit since 2012
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.
Begijnhof 372370 ArendonkGround area
1,690 m²
Building footprint
198 m²
Volume, LiDAR
1,433 m³
Parcel 13322E0158/00T000, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VANDAR
since 20122.215.740.514
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13322E0158/00T000 | Flanders | 1,690 m² | 1 · 198 m² | 12.9 m · 3 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-2012
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.