VANESCO
ActiveVANESCO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €213k and a net result of €6k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 26% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+65
Solvency48▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.26 in 2024; short-term debt: 76.6% and cash: 0.3% of total assets), and 76.6% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
23.4%
Return on assets
0.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
28 d late
2023
29 d late
2022
29 d late
2021
31 d late
2020
31 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6k
2024 · €-85k
2018: €13k
2019: €8k
2020: €13k
2021: €2k
2022: €752
2023: €2k
2024: €-85k
2018 → 2025
Working capital
€122k▼ 15.9%
2024 · €145k
2018: €158k
2019: €193k
2020: €213k
2021: €225k
2022: €230k
2023: €235k
2024: €145k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€289k-€290k▲ 0.3%€292k▲ 0.6%€207k▼ 29.2%€213k▲ 3.0%
Operating result€3k-€3k▼ 5.2%€4k▲ 48.8%€-84k€7k
Net result€2k-€752▼ 55.4%€2k▲ 134%€-85k€6k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €7k after a loss of €84k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €909k
Fixed assets
€91k▲ 47.7%
Current assets
€818k▲ 17.8%
Equity and liabilities €909k
Equity
€213k▲ 3.0%
Debt
€696k▲ 26.7%
The debt ratio rises from 72.7% to 76.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▲
2024 · €-80k
Cash flow
€11k▲
2024 · €-81k
Solvency
23.4%▼
2024 · 27.3%
Current ratio
1.18▼
2024 · 1.26
Quick ratio
0.10▼
2024 · 0.14
Debt / equity
3.27▲
2024 · 2.66
ROE
3.0%▲
2024 · -41.3%
ROA
0.7%▲
2024 · -11.3%
Interest coverage
29.18▲
2024 · -55.62
Debt
€696k▲
2024 · €549k
Debt ≤ 1 year
€696k▲
2024 · €549k
Staff costs
€91k▲
2024 · €68k
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€756k€909k▲
Fixed assets21/28€62k€91k▲
Tangible fixed assets22/27€6k€36k▲
Plant, machinery and equipment23-€8k
Furniture and vehicles24€6k€17k▲
Other tangible fixed assets26-€11k
Financial fixed assets28€55k€55k=
Current assets29/58€694k€818k▲
Stocks and contracts in progress3€620k€750k▲
Stocks30/36€620k€750k▲
Amounts receivable within one year40/41€49k€65k▲
Trade receivables40€16k€23k▲
Other amounts receivable41€33k€42k▲
Cash at bank and in hand54/58€25k€3k▼
Equity and liabilities
Total equity and liabilities10/49€756k€909k▲
Equity10/15€207k€213k▲
Contributions10/11€174k€174k=
Capital10€174k€174k=
Issued capital100€174k€174k=
Reserves13€112k€112k=
Non-distributable reserves130/1€112k€112k=
Legal reserve130€17k€17k=
Reserves not available under the articles1311€94k€94k=
Profit (loss) carried forward14€-79k€-73k▲
Amounts payable17/49€549k€696k▲
Amounts payable within one year42/48€549k€696k▲
Trade debts44€233k€271k▲
Suppliers440/4€233k€271k▲
Taxes, remuneration and social security45€25k€27k▲
Taxes450/3€17k€9k▼
Remuneration and social security454/9€8k€18k▲
Other amounts payable47/48€292k€397k▲
Income statement
Code20242025
Remuneration, social security and pensions62€68k€91k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€695€445▼
Gross operating margin9900€-11k€103k▲
Operating profit (loss)9901€-84k€7k▲
Financial income75/76B-€5
Recurring financial income75-€5
Financial charges65/66B€1k€399▼
Recurring financial charges65€1k€399▼
Profit (loss) for the period before taxes9903€-85k€6k▲
Profit (loss) for the period9904€-85k€6k▲
Profit (loss) for the period to be appropriated9905€-85k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-79k€-73k▲
Profit (loss) brought forward from the previous period14P€7k€-79k▼
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-85k ▼4956%
Net result drops to €-85k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
08-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Antwerpen · 1 establishment unit since 1999
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.
Turnhoutsebaan 302140 AntwerpenGround area
224 m²
Building footprint
224 m²
Volume, LiDAR
3,917 m³
Parcel 11006A0435/00K000, Flanders · tallest building 21.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Turnhoutsebaan 30, 2140 Antwerpen
since 19992.091.543.001
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11006A0435/00K000 | Flanders | 224 m² | 1 · 224 m² | 21.3 m · 6 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.
Similar companies · same sector, comparable size
NOLIMAX
BE 0680.597.233
Gembloux · Eq €213k
DEMATT
BE 0424.214.949
Brussel · Eq €212k
YAYA CONSTRUCT
BE 0779.318.883
Elsene · Eq €214k
Dockx Plastics
BE 0472.193.426
Haacht · Eq €214k
RAIL SERVICES & PRODUCTS
BE 0823.774.973
Antwerpen · Eq €211k
Of 1,804 companies in sector 46831 we hold annual accounts for 1,398. 952 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-04-1999
Fiscal year end31-12
Activities, NACEBEL
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
51532
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.