Summary
VANDEN BRANDEN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.69M and a net result of €220k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 68% of 1422 sector peers (fiscal year 2024). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-10-2025, 79 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
79 d late
2023
50 d late
2022
23 d late
2021
61 d late
2020
153 d late
2019
153 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.69M▲ 14.9%
2023 · €1.47M
2018: €4.44M
2019: €4.80M
2020: €5.22M
2021: €5.26M
2022: €5.50M
2023: €1.47M
2018 → 2024
Net result
€220k▲ 0.4%
2023 · €219k
2018: €308k
2019: €357k
2020: €418k
2021: €41k
2022: €243k
2023: €219k
2018 → 2024
Total assets
€2.73M▼ 56.5%
2023 · €6.28M
2018: €5.22M
2019: €5.42M
2020: €5.69M
2021: €5.50M
2022: €5.73M
2023: €6.28M
2018 → 2024
Solvency
61.9%▲ 38.4pp
2023 · 23.4%
2018: 85.2%
2019: 88.6%
2020: 91.8%
2021: 95.6%
2022: 96.1%
2023: 23.4%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€5.22M-€5.26M▲ 0.8%€5.50M▲ 4.6%€1.47M▼ 73.3%€1.69M▲ 14.9%
Operating result€577k-€33k▼ 94.2%€303k▲ 805%€253k▼ 16.6%€311k▲ 23.2%
Net result€418k-€41k▼ 90.2%€243k▲ 496%€219k▼ 10.0%€220k▲ 0.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 23% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.73M
Fixed assets
€1.36M ▼ 14.0%
Current assets
€1.37M ▼ 70.7%
Equity and liabilities €2.73M
Equity
€1.69M ▲ 14.9%
Debt
€1.04M ▼ 78.3%
Debt's share of the balance-sheet total falls from 76.6% to 38.1%. Equity is higher and debt is lower.
Key figures and ratios
ROE
13.0%▼
2023 · 14.9%
ROA
8.0%▲
2023 · 3.5%
Debt ≤ 1 year
€680k▼
2023 · €4.54M
Debt > 1 year
€297k▲
2023 · €179k
Income taxes
€87k▲
2023 · €84k
Staff costs
€864k▲
2023 · €758k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 60 lines
Balance sheet
Code20232024
Assets
Total assets20/58€6.28M€2.73M▼
Fixed assets21/28€1.58M€1.36M▼
Tangible fixed assets22/27€1.58M€1.36M▼
Land and buildings22€1.53M€1.03M▼
Plant, machinery and equipment23-€10k
Furniture and vehicles24€47k€315k▲
Financial fixed assets28€2k€2k=
Current assets29/58€4.69M€1.37M▼
Stocks and contracts in progress3-€632k
Stocks30/36-€632k
Amounts receivable within one year40/41€3.99M€265k▼
Trade receivables40€288€529▲
Other amounts receivable41€3.99M€265k▼
Current investments50/53€558k€403k▼
Cash at bank and in hand54/58€41k€39k▼
Deferred charges and accrued income490/1€103k€35k▼
Equity and liabilities
Total equity and liabilities10/49€6.28M€2.73M▼
Equity10/15€1.47M€1.69M▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€1.45M€1.67M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.45M€1.67M▲
Amounts payable17/49€4.81M€1.04M▼
Amounts payable after more than one year17€179k€297k▲
Financial debts170/4€179k€297k▲
Amounts payable within one year42/48€4.54M€680k▼
Current portion of amounts payable after more than one year42€56k€115k▲
Financial debts43€566€301▼
Credit institutions430/8€566€301▼
Trade debts44€79k€87k▲
Suppliers440/4€79k€87k▲
Taxes, remuneration and social security45€150k€116k▼
Taxes450/3€48k€14k▼
Remuneration and social security454/9€103k€102k▼
Other amounts payable47/48€4.25M€362k▼
Accrued charges and deferred income492/3€90k€66k▼
Income statement
Code20232024
Non-recurring operating income76A€2k€88k▲
Remuneration, social security and pensions62€758k€864k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€174k€148k▼
Other operating charges640/8€18k€21k▲
Gross operating margin9900€1.20M€1.34M▲
Operating profit (loss)9901€253k€311k▲
Financial income75/76B€55k€31k▼
Recurring financial income75€55k€31k▼
Financial charges65/66B€5k€35k▲
Recurring financial charges65€5k€35k▲
Profit (loss) for the period before taxes9903€303k€307k▲
Income taxes67/77€84k€87k▲
Profit (loss) for the period9904€219k€220k▲
Profit (loss) for the period to be appropriated9905€219k€220k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.60M€220k▼
Profit (loss) brought forward from the previous period14P€4.38M-
Transfer to equity691/2€346k€220k▼
To other reserves6921€346k€220k▼
Profit to be distributed694/7€4.25M-
Return on contributions (dividend)694€4.25M-
Social balance
Average headcount (FTE)90877.48.1▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 79 days late
2024
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 50 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet €41k ▼90.2%
Net result drops to €41k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 22.59
Current ratio from 9.83 to 22.59; short-term debt falls from €453k to €184k.
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 153 days late
2020
31-12
Financial
Highest result since 2018net €418k ▲16.9%
Operating result €577k, net result €418k, both a record.
31-12
Financial
Equity above €5MEq €5.22M ▲8.7%
3 profitable years in a row build equity to €5.22M.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 153 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 177 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 61 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Brussel · 1 establishment unit since 2006
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.
Oudergemselaan 59A1040 BrusselGround area
786 m²
Building footprint
571 m²
Volume, LiDAR
14,974 m³
2 parcels, Brussels · tallest building 34.8 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
VANDEN BRANDEN
since 20062.152.780.782
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0423/00Z007 | Brussels | 512 m² | 1 · 359 m² | 34.8 m · 10 fl. |
| 21005A0423/00W004 | Brussels | 274 m² | 1 · 212 m² | 32.9 m · 10 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
W.BENS BEHEER
BE 0810.041.357
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ZAKENKANTOOR LAVAERT
BE 0883.840.343
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TILBURGHS DIDIER
BE 0479.633.326
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Zakenkantoor Wellens & Peeters
BE 0429.404.152
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S'heeren Marco
BE 0651.946.896
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Of 1,681 companies in sector 66191 we hold annual accounts for 1,230. 726 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-01-1993
Fiscal year end31-12
Activities, NACEBEL 2025
66191Agents and brokers in banking services
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.