Vandecauter
ActiveVandecauter has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2k and a net result of €40k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 16414 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency3▼-59
Growth58▼-20
Stability94
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.34 against 0.85 in 2024), and 95.8% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
4.2%
Return on assets
82.2%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 16414 sector peers (2025).
NBB · sector comparisonPosition among 16414 sector peers
Solvency
better than 9%
← weakest
strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
31 d early
2024
14 d early
2023
34 d early
2022
21 d early
2021
30 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k▼ 85.9%
2024 · €14k
2021: €5k
2022: €42k
2023: €68k
2024: €14k
2021 → 2025
Total assets
€48k▲ 47.8%
2024 · €33k
2021: €9k
2022: €54k
2023: €89k
2024: €33k
2021 → 2025
Net result
€40k▲ 40.1%
2024 · €28k
2021: €4k
2022: €37k
2023: €27k
2024: €28k
2021 → 2025
Working capital
€-31k▼ 998%
2024 · €-3k
2021: €5k
2022: €41k
2023: €68k
2024: €-3k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€42k▲ 702%€68k▲ 64.7%€14k▼ 79.2%€2k▼ 85.9%
Operating result€5k-€47k▲ 854%€35k▼ 25.2%€37k▲ 4.6%€54k▲ 45.8%
Net result€4k-€37k▲ 834%€27k▼ 27.7%€28k▲ 5.1%€40k▲ 40.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 46% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48k
Fixed assets
€33k▲ 91.7%
Current assets
€15k▼ 0.3%
Equity and liabilities €48k
Equity
€2k▼ 85.9%
Debt
€46k▲ 152%
The debt ratio rises from 56.3% to 95.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€58k▲
2024 · €38k
Cash flow
€43k▲
2024 · €29k
Solvency
4.2%▼
2024 · 43.7%
Current ratio
0.34▼
2024 · 0.85
Quick ratio
0.34▼
2024 · 0.85
Debt / equity
23.02▲
2024 · 1.29
ROA
82.2%▼
2024 · 86.8%
Interest coverage
48.46▲
2024 · 28.84
Debt
€46k▲
2024 · €18k
Debt ≤ 1 year
€46k▲
2024 · €18k
Income taxes
€13k▲
2024 · €8k
A ratio outside any meaningful range has been withheld (balance sheet total €48k, equity €2k).
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€33k€48k▲
Fixed assets21/28€17k€33k▲
Tangible fixed assets22/27€17k€33k▲
Land and buildings22€16k€29k▲
Plant, machinery and equipment23€1k€4k▲
Current assets29/58€16k€15k▼
Amounts receivable within one year40/41€2k€645▼
Other amounts receivable41€2k€645▼
Cash at bank and in hand54/58€5k€4k▼
Deferred charges and accrued income490/1€8k€11k▲
Equity and liabilities
Total equity and liabilities10/49€33k€48k▲
Equity10/15€14k€2k▼
Contributions10/11€2k€2k=
Reserves13€12k-
Distributable reserves133€12k-
Amounts payable17/49€18k€46k▲
Amounts payable within one year42/48€18k€46k▲
Current portion of amounts payable after more than one year42-€9k
Trade debts44€577€1k▲
Suppliers440/4€577€1k▲
Taxes, remuneration and social security45€2k€2k=
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€16k€34k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€583€4k▲
Other operating charges640/8€523€140▼
Gross operating margin9900€38k€58k▲
Operating profit (loss)9901€37k€54k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€36k€53k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€28k€40k▲
Profit (loss) for the period to be appropriated9905€28k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€40k▲
Transfer from equity791/2€66k€12k▼
Transfer to equity691/2€12k-
To other reserves6921€12k-
Profit to be distributed694/7€82k€52k▼
Return on contributions (dividend)694€82k€52k▼
The notes to these accounts (5 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €40k ▲40.1%
Operating result €54k, net result €40k, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Hasselt · 1 establishment unit since 2021
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.
Herkenrodebosstraat 7A3511 HasseltGround area
672 m²
Building footprint
102 m²
Parcel 71483D0026/00A006, Flanders. Linked by address, not a title deed.
1 establishment unit
Vandecauter
since 20212.325.720.302
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71483D0026/00A006 | Flanders | 672 m² | 1 · 102 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,868 EUR awarded · 1,688 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 285 EUR | 105 EUR |
| 2024 | 1 | 666 EUR | 666 EUR |
| 2023 | 1 | 189 EUR | 189 EUR |
| 2022 | 1 | 728 EUR | 728 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,683 companies in sector 86951 we hold annual accounts for 2,135. 515 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2021
Fiscal year end31-12
Activities, NACEBEL
86905Human health activities
86951Physiotherapy
85510Sports and recreation education
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.