VANDTRA
ActiveVANDTRA has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.32M and a net result of €345k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 52% of 1731 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+2
Solvency69▲+19
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity short (current ratio 0.66 against 0.9 in 2024; short-term debt: 29.8% and cash: 5.7% of total assets), and 56.3% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
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
43.7%
Return on assets
11.4%
Age of the figures
9 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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.32M
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
13 d early
2023
1 d early
2022
3 d early
2021
25 d late
2020
30 d late
2019
31 d late
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.32M▲ 35.3%
2024 · €979k
2018: €95k
2019: €31k
2020: €40k
2021: €105k
2022: €-278k
2023: €589k
2024: €979k
2018 → 2025
Total assets
€3.03M▼ 23.3%
2024 · €3.95M
2018: €2.22M
2019: €1.48M
2020: €1.18M
2021: €1.11M
2022: €2.89M
2023: €3.81M
2024: €3.95M
2018 → 2025
Net result
€345k▼ 11.6%
2024 · €391k
2018: €81k
2019: €-64k
2020: €9k
2021: €64k
2022: €-383k
2023: €867k
2024: €391k
2018 → 2025
Working capital
€-305k▼ 81.6%
2024 · €-168k
2018: €43k
2019: €-440k
2020: €-444k
2021: €-546k
2022: €-1.21M
2023: €-403k
2024: €-168k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€105k-€-278k€589k€979k▲ 66.4%€1.32M▲ 35.3%
Operating result€82k-€-346k€973k€573k▼ 41.1%€537k▼ 6.3%
Net result€64k-€-383k€867k€391k▼ 54.9%€345k▼ 11.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.03M
Fixed assets
€2.43M▼ 3.2%
Current assets
€596k▼ 58.5%
Equity and liabilities €3.03M
Equity
€1.32M▲ 35.3%
Debt
€1.70M▼ 42.6%
The debt ratio falls from 75.2% to 56.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€914k▼
2024 · €920k
Cash flow
€722k▼
2024 · €738k
Solvency
43.7%▲
2024 · 24.8%
Current ratio
0.66▼
2024 · 0.90
Quick ratio
0.66▼
2024 · 0.90
Debt / equity
1.29▼
2024 · 3.03
ROE
26.1%▼
2024 · 39.9%
ROA
11.4%▲
2024 · 9.9%
Interest coverage
15.26▲
2024 · 12.05
Debt
€1.70M▼
2024 · €2.97M
Debt ≤ 1 year
€902k▼
2024 · €1.61M
Debt > 1 year
€780k▼
2024 · €1.36M
Income taxes
€132k▲
2024 · €106k
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€3.95M€3.03M▼
Fixed assets21/28€2.51M€2.43M▼
Tangible fixed assets22/27€2.51M€2.43M▼
Land and buildings22€769k€764k▼
Plant, machinery and equipment23€1.72M€1.56M▼
Furniture and vehicles24€21k€106k▲
Current assets29/58€1.44M€596k▼
Amounts receivable within one year40/41€1.05M€422k▼
Trade receivables40€1.05M€415k▼
Other amounts receivable41€7k€7k=
Current investments50/53€100€100=
Cash at bank and in hand54/58€143k€173k▲
Deferred charges and accrued income490/1€242k€966▼
Equity and liabilities
Total equity and liabilities10/49€3.95M€3.03M▼
Equity10/15€979k€1.32M▲
Contributions10/11€109k€109k=
Revaluation surpluses12€123k€123k=
Reserves13€748k€1.09M▲
Non-distributable reserves130/1€1k€0▼
Reserves not available under the articles1311€1k€0▼
Tax-exempt reserves132-€211k
Distributable reserves133€747k€882k▲
Amounts payable17/49€2.97M€1.70M▼
Amounts payable after more than one year17€1.36M€780k▼
Financial debts170/4€1.36M€780k▼
Amounts payable within one year42/48€1.61M€902k▼
Current portion of amounts payable after more than one year42€227k€120k▼
Trade debts44€355k€278k▼
Suppliers440/4€355k€278k▼
Taxes, remuneration and social security45€121k€143k▲
Taxes450/3€121k€143k▲
Other amounts payable47/48€902k€361k▼
Accrued charges and deferred income492/3€89€22k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€347k€377k▲
Other operating charges640/8€8k€9k▲
Gross operating margin9900€928k€923k▼
Operating profit (loss)9901€573k€537k▼
Financial income75/76B€326€908▲
Recurring financial income75€326€908▲
Financial charges65/66B€76k€60k▼
Recurring financial charges65€76k€60k▼
Profit (loss) for the period before taxes9903€497k€478k▼
Income taxes67/77€106k€132k▲
Profit (loss) for the period9904€391k€345k▼
Transfer to tax-exempt reserves689-€211k
Profit (loss) for the period to be appropriated9905€391k€135k▼
Appropriation of the result
Profit (loss) to be appropriated9906€391k€135k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€391k€135k▼
To other reserves6921€391k€135k▼
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
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 4 days late
2025
31-12
Financial
Equity above €1MEq €1.32M ▲35.3%
3 profitable years in a row build equity to €1.32M.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €867k
Net result €867k after one loss-making year.
31-12
Financial
Equity above €500kEq €589k
Equity rises from €-278k to €589k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-383k ▼694%
Net result drops to €-383k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
31-12
Financial
Equity above €100kEq €105k ▲160%
2 profitable years in a row build equity to €105k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zedelgem · 1 establishment unit since 2008
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.
Faliestraat 408210 ZedelgemGround area
766 m²
Building footprint
222 m²
Volume, LiDAR
925 m³
Parcel 31040C0234/00G000, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VANDTRA
since 20082.174.990.121
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040C0234/00G000 | Flanders | 766 m² | 1 · 222 m² | 6.8 m · 1 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.
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Of 3,625 companies in sector 01130 we hold annual accounts for 789. 567 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2005
Fiscal year end31-12
Activities, NACEBEL
01121
01130Growing of vegetables, melons, roots and tubers
46319Wholesale of fruit and vegetables, excluding potatoes
47210Retail sale of fruit and vegetables
49410Freight transport by road
51310
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.