VANFRACHEM
ActiveVANFRACHEM has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €232k and a net result of €25k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 89% of 18120 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+8
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 5.36 against 5.7 in 2024; short-term debt: 17.3% and cash: 27% of total assets), and 17.3% of the assets are financed with debt.
Credit advice 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 · 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
Sector 47
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
82.7%
Return on assets
8.9%
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
26 d late
2023
29 d late
2022
31 d late
2021
29 d late
2020
31 d late
2019
91 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€232k▼ 1.7%
2024 · €236k
2018: €71k
2019: €94k
2020: €136k
2021: €165k
2022: €182k
2023: €228k
2024: €236k
2018 → 2025
Total assets
€281k▼ 0.1%
2024 · €281k
2018: €227k
2019: €214k
2020: €209k
2021: €235k
2022: €251k
2023: €298k
2024: €281k
2018 → 2025
Net result
€25k▲ 206%
2024 · €8k
2018: €20k
2019: €23k
2020: €42k
2021: €35k
2022: €17k
2023: €52k
2024: €8k
2018 → 2025
Working capital
€212k▲ 0.6%
2024 · €211k
2018: €66k
2019: €89k
2020: €135k
2021: €161k
2022: €179k
2023: €226k
2024: €211k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€165k-€182k▲ 10.2%€228k▲ 25.6%€236k▲ 3.6%€232k▼ 1.7%
Operating result€52k-€26k▼ 50.3%€79k▲ 206%€13k▼ 83.6%€38k▲ 190%
Net result€35k-€17k▼ 51.5%€52k▲ 207%€8k▼ 84.2%€25k▲ 206%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 190% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €281k
Fixed assets
€20k▼ 20.6%
Current assets
€261k▲ 2.0%
Equity and liabilities €281k
Equity
€232k▼ 1.7%
Debt
€49k▲ 8.4%
The debt ratio rises from 15.9% to 17.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€44k▲
2024 · €19k
Cash flow
€32k▲
2024 · €14k
Solvency
82.7%▼
2024 · 84.1%
Current ratio
5.36▼
2024 · 5.70
Quick ratio
2.33▲
2024 · 2.17
Debt / equity
0.21▲
2024 · 0.19
ROE
10.8%▲
2024 · 3.5%
ROA
8.9%▲
2024 · 2.9%
Interest coverage
229.89▲
2024 · 16.35
Debt
€49k▲
2024 · €45k
Debt ≤ 1 year
€49k▲
2024 · €45k
Income taxes
€12k▲
2024 · €4k
Staff costs
€926▼
2024 · €1k
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€281k€281k▼
Fixed assets21/28€26k€20k▼
Tangible fixed assets22/27€26k€20k▼
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€24k€19k▼
Current assets29/58€256k€261k▲
Stocks and contracts in progress3€158k€147k▼
Stocks30/36€158k€147k▼
Amounts receivable within one year40/41€27k€38k▲
Trade receivables40€19k€31k▲
Other amounts receivable41€8k€7k▼
Cash at bank and in hand54/58€70k€76k▲
Equity and liabilities
Total equity and liabilities10/49€281k€281k▼
Equity10/15€236k€232k▼
Contributions10/11€19k€19k=
Reserves13€103k€98k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€101k€97k▼
Profit (loss) carried forward14€115k€115k=
Amounts payable17/49€45k€49k▲
Amounts payable within one year42/48€45k€49k▲
Trade debts44€22k€21k▼
Suppliers440/4€22k€21k▼
Taxes, remuneration and social security45€781€8k▲
Taxes450/3€781€8k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€22k€20k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1k€926▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€22k€47k▲
Operating profit (loss)9901€13k€38k▲
Financial income75/76B€159€75▼
Recurring financial income75€159€75▼
Financial charges65/66B€1k€193▼
Recurring financial charges65€1k€193▼
Profit (loss) for the period before taxes9903€12k€37k▲
Income taxes67/77€4k€12k▲
Profit (loss) for the period9904€8k€25k▲
Profit (loss) for the period to be appropriated9905€8k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€123k€140k▲
Profit (loss) brought forward from the previous period14P€115k€115k=
Transfer from equity791/2-€29k
Transfer to equity691/2€8k€25k▲
To other reserves6921€8k€25k▲
Profit to be distributed694/7€0€29k▲
Return on contributions (dividend)694€0€29k▲
The notes to these accounts (14 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €8k ▼84.2%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €52k ▲207%
Operating result €79k, net result €52k, both a record.
31-12
Financial
Equity above €200kEq €228k ▲25.6%
6 profitable years in a row build equity to €228k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Equity above €150kEq €165k ▲21.4%
4 profitable years in a row build equity to €165k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €100kEq €136k ▲44.4%
3 profitable years in a row build equity to €136k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Putte · 1 establishment unit since 2011
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.
Mechelbaan 2292580 PutteGround area
1,505 m²
Building footprint
1,505 m²
Volume, LiDAR
8,723 m³
Parcel 12001C0231/00S002, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VANFRACHEM
since 20112.198.408.889
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12001C0231/00S002 | Flanders | 1,505 m² | 1 · 1,505 m² | 7.9 m · 2 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
GRIETENS ELEKTRO
BE 0451.744.143
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LIMBURGS ELEKTROTECHNISCHE SERVICE
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DQS
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EVERS
BE 0442.897.248
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G. VANWYNSBERGHE
BE 0455.318.889
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Of 1,510 companies in sector 47540 we hold annual accounts for 805. 657 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-04-2011
Fiscal year end31-12
Activities, NACEBEL
47540Retail sale of electrical household appliances
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.