VanFid
ActiveSummary
The computed 12-month bankruptcy probability of VanFid is 2.4% (moderate). The 2025 annual accounts show equity of €6k and a net result of €47k. Equity is shrinking by ~34.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 24% of 18400 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency28▼-35
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
3.3%
Return on assets
27.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 18400 sector peers (2025).
NBB · sector comparisonPosition among 18400 sector peers
Solvency
better than 24%
← 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 28-07-2026, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
3 d early
2024
235 d late
2023
91 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€505k
EBIT margin
5.1%
Net result
€47k▲ 32.4%
2024 · €36k
2023: €15klowest in 3 years
2024: €36k▲ +138% vs 2023
2025: €47k▲ +32.4% vs 2024highest in 3 years
2023 → 2025
Working capital
€-43k▼ 188%
2024 · €-15k
2023: €-32k
2024: €-15k▲ +53.9% vs 2023highest in 3 years
2025: €-43k▼ -188% vs 2024lowest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€505k-
Equity€18k-€54k▲ 199%€6k▼ 89.4%
2023: €18k
2024: €54k▲ +199% vs 2023highest in 3 years
2025: €6k▼ -89.4% vs 2024lowest in 3 years
Operating result€26k-€49k▲ 89.9%€67k▲ 36.4%
2023: €26klowest in 3 years
2024: €49k▲ +89.9% vs 2023
2025: €67k▲ +36.4% vs 2024highest in 3 years
Net result€15k-€36k▲ 138%€47k▲ 32.4%
2023: €15klowest in 3 years
2024: €36k▲ +138% vs 2023
2025: €47k▲ +32.4% vs 2024highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 36% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €174k
Fixed assets
€48k ▼ 34.8%
Current assets
€125k ▲ 83.3%
Equity and liabilities €174k
Equity
€6k ▼ 89.4%
Debt
€168k ▲ 88.6%
Debt's share of the balance-sheet total rises from 62.4% to 96.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€93k▲
2024 · €72k
Cash flow
€73k▲
2024 · €59k
Current ratio
0.75▼
2024 · 0.82
Quick ratio
0.66▲
2024 · 0.64
Debt to equity
29.50▲
2024 · 1.66
ROE
828.6%▲
2024 · 66.5%
ROA
27.2%▲
2024 · 25.0%
Interest coverage
60.31▲
2024 · 22.39
Debt ≤ 1 year
€168k▲
2024 · €83k
Income taxes
€18k▲
2024 · €10k
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€143k€174k▲
Fixed assets21/28€74k€48k▼
Tangible fixed assets22/27€74k€48k▼
Land and buildings22€10k€0▼
Plant, machinery and equipment23€1k€772▼
Furniture and vehicles24€63k€48k▼
Current assets29/58€68k€125k▲
Stocks and contracts in progress3€15k€15k=
Stocks30/36€15k€15k=
Amounts receivable within one year40/41€22k€4k▼
Trade receivables40€662€3k▲
Other amounts receivable41€21k€1k▼
Cash at bank and in hand54/58€31k€106k▲
Deferred charges and accrued income490/1€477€325▼
Equity and liabilities
Total equity and liabilities10/49€143k€174k▲
Equity10/15€54k€6k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€51k€3k▼
Amounts payable17/49€89k€168k▲
Amounts payable after more than one year17€6k-
Financial debts170/4€6k-
Amounts payable within one year42/48€83k€168k▲
Current portion of amounts payable after more than one year42€12k€6k▼
Financial debts43€8k-
Credit institutions430/8€8k-
Trade debts44€6k€8k▲
Suppliers440/4€6k€8k▲
Taxes, remuneration and social security45€4k€11k▲
Taxes450/3€4k€11k▲
Other amounts payable47/48€54k€143k▲
Accrued charges and deferred income492/3-€66
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€26k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€74k€94k▲
Operating profit (loss)9901€49k€67k▲
Financial income75/76B-€125
Recurring financial income75-€125
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€46k€65k▲
Income taxes67/77€10k€18k▲
Profit (loss) for the period9904€36k€47k▲
Profit (loss) for the period to be appropriated9905€36k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€51k€98k▲
Profit (loss) brought forward from the previous period14P€15k€51k▲
Profit to be distributed694/7-€95k
Return on contributions (dividend)694-€95k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €505k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €449k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32k | €23k | €26k | ▲ 11.2% |
| Other operating charges640/8 | €2k | €2k | €1k | ▼ 24.1% |
| Gross operating margin9900 | €60k | €74k | €94k | ▲ 27.0% |
| Operating profit (loss)9901 | €26k | €49k | €67k | ▲ 36.4% |
| Financial income75/76B | €27 | - | €125 | - |
| Recurring financial income75 | €27 | - | €125 | - |
| Financial charges65/66B | €6k | €3k | €2k | ▼ 52.4% |
| Recurring financial charges65 | €6k | €3k | €2k | ▼ 52.4% |
| Profit (loss) for the period before taxes9903 | €20k | €46k | €65k | ▲ 42.9% |
| Income taxes67/77 | €5k | €10k | €18k | ▲ 79.7% |
| Profit (loss) for the period9904 | €15k | €36k | €47k | ▲ 32.4% |
| Profit (loss) for the period to be appropriated9905 | €15k | €36k | €47k | ▲ 32.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €130k | €143k | €174k | ▲ 21.7% |
| Fixed assets21/28 | €68k | €74k | €48k | ▼ 34.8% |
| Tangible fixed assets22/27 | €68k | €74k | €48k | ▼ 34.8% |
| Land and buildings22 | €21k | €10k | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €2k | €1k | €772 | ▼ 40.1% |
| Furniture and vehicles24 | €45k | €63k | €48k | ▼ 24.0% |
| Current assets29/58 | €62k | €68k | €125k | ▲ 83.3% |
| Stocks and contracts in progress3 | €18k | €15k | €15k | = |
| Stocks30/36 | €18k | €15k | €15k | = |
| Amounts receivable within one year40/41 | €21k | €22k | €4k | ▼ 81.6% |
| Trade receivables40 | - | €662 | €3k | ▲ 309% |
| Other amounts receivable41 | €21k | €21k | €1k | ▼ 94.0% |
| Cash at bank and in hand54/58 | €22k | €31k | €106k | ▲ 239% |
| Deferred charges and accrued income490/1 | €1k | €477 | €325 | ▼ 31.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €130k | €143k | €174k | ▲ 21.7% |
| Equity10/15 | €18k | €54k | €6k | ▼ 89.4% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €15k | €51k | €3k | ▼ 94.7% |
| Amounts payable17/49 | €112k | €89k | €168k | ▲ 88.6% |
| Amounts payable after more than one year17 | €18k | €6k | - | - |
| Financial debts170/4 | €18k | €6k | - | - |
| Amounts payable within one year42/48 | €95k | €83k | €168k | ▲ 102% |
| Current portion of amounts payable after more than one year42 | €11k | €12k | €6k | ▼ 48.8% |
| Financial debts43 | €26k | €8k | - | - |
| Credit institutions430/8 | €26k | €8k | - | - |
| Trade debts44 | €2k | €6k | €8k | ▲ 17.7% |
| Suppliers440/4 | €2k | €6k | €8k | ▲ 17.7% |
| Taxes, remuneration and social security45 | - | €4k | €11k | ▲ 211% |
| Taxes450/3 | - | €4k | €11k | ▲ 211% |
| Other amounts payable47/48 | €56k | €54k | €143k | ▲ 166% |
| Accrued charges and deferred income492/3 | - | - | €66 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €36k | €47k | ▲ 32.4% |
| + Depreciation and write-downs630 | €32k | €23k | €26k | ▲ 11.2% |
| Operating cash flow (approximation) | €47k | €59k | €73k | ▲ 24.0% |
| Investment in fixed assets (approximation) | - | €-30k | €0 | ▲ 100% |
| Change in cash | - | €9k | €75k | ▲ 705% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
23-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 235 days late
2025
31-12
Financial
Highest result since 2023net €47k ▲32.4%
Operating result €67k, net result €47k, both a record.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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 · 2 establishment units since 2022
Ground area
233 m²
Building footprint
88 m²
Volume, LiDAR
555 m³
Parcel 73040E0515/00K000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
VanFid
since 20222.331.680.654
Hasseltsesteenweg 86, 3720 Kortessem
since 20232.350.275.554
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73040E0515/00K000 | Flanders | 233 m² | 1 · 88 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 2,347 companies in sector 47621 we hold annual accounts for 1,248. 457 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
47260Retail trade
47789Other retail sale of new goods
56309Food and beverage service activities
92000Gambling and betting activities
Scores and ratios are computed by Checked and are not a credit decision.