VANHENECO
ActiveVANHENECO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €583. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 78% of 13306 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▲+9
Solvency89▼-11
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 5.26 in 2024; short-term debt: 36.3% and cash: 12.6% of total assets), and 36.3% 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · 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
63.7%
Return on assets
2.2%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
41 d early
2023
5 d early
2022
25 d early
2021
2 d early
2020
23 d early
2019
2 d early
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k▲ 3.5%
2024 · €17k
2018: €15k
2019: €16k
2020: €19k
2021: €20k
2022: €16k
2023: €16k
2024: €17k
2018 → 2025
Total assets
€27k▲ 41.2%
2024 · €19k
2018: €20k
2019: €20k
2020: €20k
2021: €29k
2022: €19k
2023: €20k
2024: €19k
2018 → 2025
Net result
€583▲ 191%
2024 · €200
2018: €742
2019: €419
2020: €3k
2021: €836
2022: €-4k
2023: €745
2024: €200
2018 → 2025
Working capital
€3k▼ 76.0%
2024 · €11k
2018: €6k
2019: €6k
2020: €10k
2021: €10k
2022: €6k
2023: €9k
2024: €11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€16k▼ 20.1%€16k▲ 4.7%€17k▲ 1.2%€17k▲ 3.5%
Operating result€1k-€-4k€2k€6k▲ 190%€3k▼ 57.3%
Net result€836-€-4k€745€200▼ 73.1%€583▲ 191%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27k
Fixed assets
€15k▲ 147%
Current assets
€12k▼ 6.3%
Equity and liabilities €27k
Equity
€17k▲ 3.5%
Debt
€10k▲ 290%
The debt ratio rises from 13.1% to 36.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▼
2024 · €8k
Cash flow
€3k▲
2024 · €2k
Solvency
63.7%▼
2024 · 86.9%
Current ratio
1.26▼
2024 · 5.26
Quick ratio
0.51▼
2024 · 2.29
Debt / equity
0.57▲
2024 · 0.15
ROE
3.4%▲
2024 · 1.2%
ROA
2.2%▲
2024 · 1.0%
Interest coverage
2.21▲
2024 · 1.36
Debt
€10k▲
2024 · €3k
Debt ≤ 1 year
€10k▲
2024 · €3k
Income taxes
€183▼
2024 · €188
Staff costs
€149▲
2024 · €146
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€19k€27k▲
Fixed assets21/28€6k€15k▲
Tangible fixed assets22/27€4k€13k▲
Plant, machinery and equipment23€2k€850▼
Furniture and vehicles24€3k€12k▲
Financial fixed assets28€2k€2k=
Current assets29/58€13k€12k▼
Stocks and contracts in progress3€7k€7k▼
Stocks30/36€7k€7k▼
Amounts receivable within one year40/41€2k€538▼
Trade receivables40-€538
Other amounts receivable41€2k€0▼
Cash at bank and in hand54/58€3k€3k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€19k€27k▲
Equity10/15€17k€17k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-4k€-3k▲
Amounts payable17/49€3k€10k▲
Amounts payable within one year42/48€3k€10k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€370€555▲
Taxes450/3€370€555▲
Other amounts payable47/48€402€7k▲
Income statement
Code20242025
Remuneration, social security and pensions62€146€149▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A-€258
Gross operating margin9900€10k€8k▼
Operating profit (loss)9901€6k€3k▼
Financial income75/76B€89€360▲
Recurring financial income75€89€360▲
Financial charges65/66B€6k€2k▼
Recurring financial charges65€6k€2k▼
Profit (loss) for the period before taxes9903€389€766▲
Income taxes67/77€188€183▼
Profit (loss) for the period9904€200€583▲
Profit (loss) for the period to be appropriated9905€200€583▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-3k▲
Profit (loss) brought forward from the previous period14P€-4k€-4k▲
The notes to these accounts (10 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €745
Net result €745 after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-4k ▼573%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €3k ▲670%
Net result €3k, the highest in the series.
31-12
Financial
Liquidity times 5current ratio 10.48
Current ratio from 2.31 to 10.48; short-term debt falls from €5k to €1k.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Izegem · 1 establishment unit since 1995
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.
Hogestraat 708870 IzegemGround area
2,343 m²
Parcel 36009B0436/00N000, Flanders. Linked by address, not a title deed.
1 establishment unit
CONCORDE
since 19952.072.390.449
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36009B0436/00N000 | Flanders | 2,343 m² | - | - |
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 to 2025 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteIzegem2.072.390.449
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SHANTIJN
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TERCERA
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 7,896 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-06-1995
Fiscal year end31-12
Activities, NACEBEL
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
55401
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.