VANGRIMDE
ActiveVANGRIMDE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 2149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency11▼-28
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.76 in 2024), and 95.8% 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 41
Relative position
BE, all sectors
reference
Sector 41
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
4.2%
Return on assets
13.7%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 2149 sector peers (2025).
NBB · sector comparisonPosition among 2149 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 9 filingsDeviation from the deadline
2025
21 d late
2024
281 d late
2023
23 d late
2022
5 d early
2021
31 d late
2020
86 d late
2019
73 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5k
2024 · €-11k
2018: €5k
2019: €3k
2020: €7k
2021: €38k
2022: €38k
2023: €46k
2024: €-11k
2018 → 2025
Total assets
€114k▼ 9.7%
2024 · €126k
2018: €87k
2019: €123k
2020: €105k
2021: €115k
2022: €86k
2023: €147k
2024: €126k
2018 → 2025
Net result
€16k
2024 · €-57k
2018: €884
2019: €-2k
2020: €5k
2021: €31k
2022: €148
2023: €9k
2024: €-57k
2018 → 2025
Working capital
€-11k▲ 65.2%
2024 · €-33k
2018: €-24k
2019: €-23k
2020: €-9k
2021: €24k
2022: €28k
2023: €28k
2024: €-33k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€38k▲ 0.4%€46k▲ 21.8%€-11k€5k
Operating result€48k-€638▼ 98.7%€15k▲ 2,185%€-57k€16k
Net result€31k-€148▼ 99.5%€9k▲ 5,995%€-57k€16k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €16k after a loss of €57k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114k
Fixed assets
€16k▼ 26.6%
Current assets
€97k▼ 6.1%
Equity and liabilities €114k
Equity
€5k
Debt
€109k
Debt finances 95.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€22k▲
2024 · €-52k
Cash flow
€21k▲
2024 · €-51k
Solvency
4.2%▲
2024 · -8.6%
Current ratio
0.89▲
2024 · 0.76
Quick ratio
0.79▲
2024 · 0.51
Debt / equity
22.82▲
2024 · -12.64
ROE
326.5%▼
2024 · 526.8%
ROA
13.7%▲
2024 · -45.2%
Interest coverage
27.94▲
2024 · -250.80
Debt
€109k▼
2024 · €137k
Debt ≤ 1 year
€109k▼
2024 · €137k
Staff costs
€108k▼
2024 · €111k
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€126k€114k▼
Fixed assets21/28€22k€16k▼
Tangible fixed assets22/27€15k€9k▼
Plant, machinery and equipment23€8k€4k▼
Furniture and vehicles24€7k€4k▼
Financial fixed assets28€8k€8k=
Current assets29/58€104k€97k▼
Stocks and contracts in progress3€34k€12k▼
Stocks30/36€14k€12k▼
Contracts in progress37€20k-
Amounts receivable within one year40/41€61k€41k▼
Trade receivables40€48k€25k▼
Other amounts receivable41€13k€17k▲
Cash at bank and in hand54/58€8k€1k▼
Deferred charges and accrued income490/1€887€43k▲
Equity and liabilities
Total equity and liabilities10/49€126k€114k▼
Equity10/15€-11k€5k▲
Contributions10/11€3k€3k=
Reserves13€44k€44k=
Tax-exempt reserves132€688€688=
Distributable reserves133€43k€43k=
Profit (loss) carried forward14€-57k€-41k▲
Amounts payable17/49€137k€109k▼
Amounts payable within one year42/48€137k€109k▼
Trade debts44€72k€47k▼
Suppliers440/4€72k€47k▼
Taxes, remuneration and social security45€12k€6k▼
Taxes450/3€12k€6k▼
Other amounts payable47/48€53k€56k▲
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€111k€108k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€233€262▲
Gross operating margin9900€59k€130k▲
Operating profit (loss)9901€-57k€16k▲
Financial income75/76B€564€1▼
Recurring financial income75€84€1▼
Non-recurring financial income76B€480-
Financial charges65/66B€206€795▲
Recurring financial charges65€206€795▲
Profit (loss) for the period before taxes9903€-57k€16k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-57k€16k▲
Profit (loss) for the period to be appropriated9905€-57k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-57k€-41k▲
Profit (loss) brought forward from the previous period14P€13€-57k▼
Social balance
Average headcount (FTE)9087-1.9
The notes to these accounts (8 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 21 days late
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 281 days late
2025
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
2024
31-12
Financial
Weakest financial yearnet €-57k ▼729%
Net result drops to €-57k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €31k ▲595%
Operating result €48k, net result €31k, both a record.
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 73 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
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, Linter · 1 establishment unit since 2016
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.
Zilverstraat(MKW) 33350 LinterGround area
3,377 m²
Building footprint
571 m²
Volume, LiDAR
3,176 m³
Parcel 24070B0173/00G002, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VANGRIMDE
since 20162.258.470.893
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24070B0173/00G002 | Flanders | 3,377 m² | 1 · 571 m² | 7.7 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 545 EUR awarded · 463 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 545 EUR | 463 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 6,195 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-11-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
33120Repair and maintenance of machinery
68121Development of residential building projects
43240Other construction installation
43299Specialised construction activities
43910Bricklaying and masonry work
43994Specialised construction activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.