Vande
ActiveVande has been active since 1964 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210k and a net result of €30k. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 75% of 9095 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
85
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-7
Solvency83▼-17
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 4.66 in 2024), and 35.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
64.3%
Return on assets
9.3%
Age of the figures
8 mo
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
29 d late
2023
21 d late
2022
24 d early
2021
19 d early
2020
18 d early
2019
21 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€30k▼ 9.1%
2024 · €34k
2018: €34k
2019: €30k
2020: €24k
2021: €26k
2022: €70k
2023: €139k
2024: €34k
2018 → 2025
Working capital
€14k▼ 95.0%
2024 · €282k
2018: €18k
2019: €32k
2020: €45k
2021: €60k
2022: €71k
2023: €251k
2024: €282k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€97k▲ 12.1%€212k▲ 118%€213k▲ 0.2%€210k▼ 1.2%
Operating result€29k-€73k▲ 149%€177k▲ 142%€34k▼ 80.9%€35k▲ 2.5%
Net result€26k-€70k▲ 166%€139k▲ 99.7%€34k▼ 75.9%€30k▼ 9.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €327k
Fixed assets
€256k
Current assets
€71k
Equity and liabilities €327k
Equity
€210k▼ 1.2%
Provisions
€37k▼ 2.4%
Debt
€79k▼ 26.7%
The debt ratio falls from 30.1% to 24.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€71k
Cash flow
€67k
Solvency
64.3%▲
2024 · 59.2%
Current ratio
1.25▼
2024 · 4.66
Quick ratio
1.25▼
2024 · 4.66
Debt / equity
0.38▼
2024 · 0.51
ROE
14.5%▼
2024 · 15.8%
ROA
9.3%▼
2024 · 9.3%
Interest coverage
16.24
Debt
€79k▼
2024 · €108k
Debt ≤ 1 year
€57k▼
2024 · €77k
Debt > 1 year
€22k▼
2024 · €31k
Income taxes
€987▲
2024 · €657
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€359k€327k▼
Fixed assets21/28-€256k
Tangible fixed assets22/27-€256k
Land and buildings22-€254k
Furniture and vehicles24-€1k
Current assets29/58€359k€71k▼
Amounts receivable within one year40/41€151k€70k▼
Trade receivables40€506€14k▲
Other amounts receivable41€151k€57k▼
Cash at bank and in hand54/58€208k€435▼
Deferred charges and accrued income490/1-€435
Equity and liabilities
Total equity and liabilities10/49€359k€327k▼
Equity10/15€213k€210k▼
Contributions10/11€25k€25k=
Reserves13€188k€185k▼
Non-distributable reserves130/1€3k€0▼
Reserves not available under the articles1311€3k€0▼
Tax-exempt reserves132€115k€112k▼
Distributable reserves133€70k€73k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€38k€37k▼
Deferred taxes168€38k€37k▼
Amounts payable17/49€108k€79k▼
Amounts payable after more than one year17€31k€22k▼
Financial debts170/4€31k€22k▼
Amounts payable within one year42/48€77k€57k▼
Current portion of amounts payable after more than one year42€8k€9k▲
Financial debts43€0€3k▲
Credit institutions430/8€0€3k▲
Trade debts44€9k€9k▼
Suppliers440/4€9k€9k▼
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€3k€4k▲
Other amounts payable47/48€57k€33k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€37k
Other operating charges640/8€387€400▲
Gross operating margin9900€34k€72k▲
Operating profit (loss)9901€34k€35k▲
Financial income75/76B€5k€356▼
Recurring financial income75€5k€356▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€34k€31k▼
Transfer from deferred taxes780-€901
Transfer to deferred taxes680€0-
Income taxes67/77€657€987▲
Profit (loss) for the period9904€34k€30k▼
Transfer from tax-exempt reserves789-€3k
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€34k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€33k▼
Transfer to equity691/2€526€192▼
To other reserves6921€526€192▼
Profit to be distributed694/7€33k€33k=
Directors or managers695€33k€33k=
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (11 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 21 days late
2023
31-12
Financial
Highest result since 2018net €139k ▲99.7%
Operating result €177k, net result €139k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.89
Current ratio from 1.84 to 4.89; short-term debt falls from €84k to €64k.
31-12
Financial
Equity above €200kEq €212k ▲118%
6 profitable years in a row build equity to €212k.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €24k ▼19.6%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Charleroi · 1 establishment unit since 1995
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.
Rue des Hiercheuses 826001 CharleroiGround area
452 m²
Building footprint
172 m²
Volume, LiDAR
1,549 m³
2 parcels, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Montigny 100, 6060 Charleroi
since 19952.071.622.565
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52393B0179/00E005 | Wallonia | 316 m² | 1 · 46 m² | 10.6 m · 3 fl. |
| 52026D0619/00L002 | Wallonia | 136 m² | 1 · 126 m² | 10.8 m · 3 fl. |
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
Koningen & Ridders vastgoedgenootschap
BE 0890.607.577
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AURELIA REAL ESTATE
BE 1020.861.355
Beringen · Eq €211k
LARESS
BE 0533.952.534
Diest · Eq €211k
IMMO NP
BE 0600.879.069
Braine-l'Alleud · Eq €210k
Gert Verstuyft
BE 0786.644.066
Berlare · Eq €211k
Of 11,700 companies in sector 68310 we hold annual accounts for 6,875. 5,134 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-03-1964
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
68203Renting and operating of own or leased non-residential real estate, excluding land
68321Property management for co-owned buildings (syndics)
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.