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VANJA

Active
Private limited companyfounded 1990active for 36 yearsSint-Jozefsstraat 44, 8000 Brugge, BelgiumKBO/BCE: BE 0440.912.609
Summary

VANJA has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €242,367 and a net result of €17,566. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 95% of 22,581 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
€357,641
EBIT margin
18.1%
Net result
€17,566
2024 · -€2,890
Working capital
€230,981▲ 11.5%
2024 · €207,168
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result returns to profit in 2025: €24,200 after a loss of €4,935 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€24,200 2025 Net result€17,566 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Turnover€357,641
Operating result€15,692-€68,736▲ 338%€103,603▲ 50.7%€64,712▼ 37.5%€57,140▼ 11.7%-€4,935€24,200
Net result€7,964-€41,528above the sector's middle half▲ 421%€70,472above the sector's middle half▲ 69.7%€43,281above the sector's middle half▼ 38.6%€37,886above the sector's middle half▼ 12.5%-€2,890within the sector's middle half€17,566within the sector's middle half
EBIT margin18.1%
Equity€34,524-€76,052within the sector's middle half▲ 120%€146,524above the sector's middle half▲ 92.7%€189,805above the sector's middle half▲ 29.5%€227,691above the sector's middle half▲ 20.0%€224,801above the sector's middle half▼ 1.3%€242,367above the sector's middle half▲ 7.8%
Total assets€85,027-€133,861within the sector's middle half▲ 57.4%€214,117within the sector's middle half▲ 60.0%€226,307within the sector's middle half▲ 5.7%€263,166within the sector's middle half▲ 16.3%€256,017within the sector's middle half▼ 2.7%€264,062within the sector's middle half▲ 3.1%
Debt€50,503-€57,809▲ 14.5%€67,593▲ 16.9%€36,502▼ 46.0%€35,474▼ 2.8%€31,216▼ 12.0%€21,694▼ 30.5%
Working capital€44,978-€84,641above the sector's middle half▲ 88.2%€132,600above the sector's middle half▲ 56.7%€173,102above the sector's middle half▲ 30.5%€202,917above the sector's middle half▲ 17.2%€207,168above the sector's middle half▲ 2.1%€230,981above the sector's middle half▲ 11.5%
Solvency40.6%-56.8%within the sector's middle half▲ 16.2pp68.4%above the sector's middle half▲ 11.6pp83.9%above the sector's middle half▲ 15.4pp86.5%above the sector's middle half▲ 2.6pp87.8%above the sector's middle half▲ 1.3pp91.8%above the sector's middle half▲ 4.0pp
Current ratio2.33-2.85above the sector's middle half▲ 0.523.23above the sector's middle half▲ 0.385.74above the sector's middle half▲ 2.526.72above the sector's middle half▲ 0.987.64above the sector's middle half▲ 0.9211.65above the sector's middle half▲ 4.01
Return on assets (ROA)9.4%-31.0%above the sector's middle half▲ 21.7pp32.9%above the sector's middle half▲ 1.9pp19.1%above the sector's middle half▼ 13.8pp14.4%above the sector's middle half▼ 4.7pp-1.1%within the sector's middle half▼ 15.5pp6.7%within the sector's middle half▲ 7.8pp
Staff (FTE)1.1-1.1within the sector's middle half=1▼ 9.1%1=1=1=1=
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €264,062
Fixed assets €11,386 ▼ 35.4%
Current assets €252,676 ▲ 6.0%
Equity and liabilities €264,062
Equity €242,367 ▲ 7.8%
Debt €21,694 ▼ 30.5%
Debt's share of the balance-sheet total falls from 12.2% to 8.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€30,447▲
2024 · €2,207
Cash flow
€23,813▲
2024 · €4,251
Quick ratio
11.03▲
2024 · 7.33
Debt to equity
0.09▼
2024 · 0.14
ROE
7.2%▲
2024 · -1.3%
Interest coverage
10.98▲
2024 · 1.33
Debt ≤ 1 year
€21,694▼
2024 · €31,216
Income taxes
€8,529
Staff costs
€57,018▼
2024 · €61,932
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€256,017€264,062▲
Fixed assets21/28€17,633€11,386▼
Tangible fixed assets22/27€17,633€11,386▼
Plant, machinery and equipment23€637€272▼
Furniture and vehicles24€16,996€11,114▼
Current assets29/58€238,384€252,676▲
Amounts receivable after more than one year29€101,557€104,439▲
Other amounts receivable291€101,557€104,439▲
Stocks and contracts in progress3€9,449€13,396▲
Stocks30/36€9,449€13,396▲
Amounts receivable within one year40/41€77,510€46,611▼
Trade receivables40€48,285€14,167▼
Other amounts receivable41€29,225€32,444▲
Cash at bank and in hand54/58€35,614€74,982▲
Deferred charges and accrued income490/1€14,254€13,248▼
Equity and liabilities
Total equity and liabilities10/49€256,017€264,062▲
Equity10/15€224,801€242,367▲
Contributions10/11€18,750€18,750=
Reserves13€206,051€223,617▲
Non-distributable reserves130/1€1,875€1,859▼
Reserves not available under the articles1311€1,875€1,859▼
Distributable reserves133€204,176€221,758▲
Amounts payable17/49€31,216€21,694▼
Amounts payable within one year42/48€31,216€21,694▼
Trade debts44€23,051€1,169▼
Suppliers440/4€23,051€1,169▼
Taxes, remuneration and social security45€8,165€20,525▲
Taxes450/3€3,271€14,266▲
Remuneration and social security454/9€4,893€6,259▲
Income statement Code20242025
Remuneration, social security and pensions62€61,932€57,018▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,141€6,247▼
Other operating charges640/8€798€940▲
Gross operating margin9900€64,938€88,405▲
Operating profit (loss)9901-€4,935€24,200▲
Financial income75/76B€3,707€4,669▲
Recurring financial income75€3,707€4,669▲
Financial charges65/66B€1,662€2,773▲
Recurring financial charges65€1,662€2,773▲
Profit (loss) for the period before taxes9903-€2,890€26,095▲
Income taxes67/77-€8,529
Profit (loss) for the period9904-€2,890€17,566▲
Profit (loss) for the period to be appropriated9905-€2,890€17,566▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,890€17,566▲
Transfer from equity791/2€2,890-
Transfer to equity691/2-€17,566
To other reserves6921-€17,566

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Turnover70---€357,641----
Goods, raw materials, services and sundry goods60/61---€242,743----
Remuneration, social security and pensions62---€46,530€53,113€61,932€57,018▼ 7.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,789€2,788€3,391€5,221€5,228€7,141€6,247▼ 12.5%
Other operating charges640/8---€981€1,881€798€940▲ 17.7%
Gross operating margin9900€69,708€112,931€144,528€117,444€117,362€64,938€88,405▲ 36.1%
Operating profit (loss)9901€15,692€68,736€103,603€64,712€57,140-€4,935€24,200-
Financial income75/76B---€1,051€1,898€3,707€4,669▲ 25.9%
Recurring financial income75€6€50€847€1,051€1,898€3,707€4,669▲ 25.9%
Financial charges65/66B---€1,928€1,770€1,662€2,773▲ 66.8%
Recurring financial charges65€2,751€2,349€2,544€1,928€1,770€1,662€2,773▲ 66.8%
Profit (loss) for the period before taxes9903€12,947€66,437€101,906€63,835€57,268-€2,890€26,095-
Income taxes67/77€4,983€24,909€31,434€20,554€19,382-€8,529-
Profit (loss) for the period9904€7,964€41,528€70,472€43,281€37,886-€2,890€17,566-
Profit (loss) for the period to be appropriated9905€7,964€41,528€70,472€43,281€37,886-€2,890€17,566-
Line2019202020212022202320242025Change
Assets
Total assets20/58€85,027€133,861€214,117€226,307€263,166€256,017€264,062▲ 3.1%
Fixed assets21/28€6,199€3,411€21,924€16,703€24,775€17,633€11,386▼ 35.4%
Tangible fixed assets22/27€6,199€3,411€21,924€16,703€24,775€17,633€11,386▼ 35.4%
Plant, machinery and equipment23---€1,367€1,002€637€272▼ 57.3%
Furniture and vehicles24---€15,336€23,773€16,996€11,114▼ 34.6%
Current assets29/58€78,828€130,450€192,193€209,605€238,391€238,384€252,676▲ 6.0%
Amounts receivable after more than one year29---€37,969€39,051€101,557€104,439▲ 2.8%
Other amounts receivable291---€37,969€39,051€101,557€104,439▲ 2.8%
Stocks and contracts in progress3€16,021€8,775€7,095€5,545€6,114€9,449€13,396▲ 41.8%
Stocks30/36---€5,545€6,114€9,449€13,396▲ 41.8%
Amounts receivable within one year40/41€56,909€46,069€28,579€33,131€74,245€77,510€46,611▼ 39.9%
Trade receivables40---€23,474€58,484€48,285€14,167▼ 70.7%
Other amounts receivable41---€9,657€15,762€29,225€32,444▲ 11.0%
Cash at bank and in hand54/58€1,778€67,118€108,849€118,750€104,750€35,614€74,982▲ 111%
Deferred charges and accrued income490/1---€14,209€14,232€14,254€13,248▼ 7.1%
Equity and liabilities
Total equity and liabilities10/49€85,027€133,861€214,117€226,307€263,166€256,017€264,062▲ 3.1%
Equity10/15€34,524€76,052€146,524€189,805€227,691€224,801€242,367▲ 7.8%
Contributions10/11€18,750--€18,750€18,750€18,750€18,750=
Reserves13€15,774€57,302€127,774€171,055€208,941€206,051€223,617▲ 8.5%
Non-distributable reserves130/1---€1,875€1,875€1,875€1,859▼ 0.8%
Reserves not available under the articles1311---€1,875€1,875€1,875€1,859▼ 0.8%
Distributable reserves133---€169,180€207,066€204,176€221,758▲ 8.6%
Amounts payable17/49€50,503€57,809€67,593€36,502€35,474€31,216€21,694▼ 30.5%
Amounts payable after more than one year17€16,653€12,000€8,000-----
Amounts payable within one year42/48€33,850€45,809€59,593€36,502€35,474€31,216€21,694▼ 30.5%
Trade debts44€18,558€14,603€44,792€23,241€5,749€23,051€1,169▼ 94.9%
Suppliers440/4---€23,241€5,749€23,051€1,169▼ 94.9%
Taxes, remuneration and social security45---€13,261€29,726€8,165€20,525▲ 151%
Taxes450/3---€11,286€29,317€3,271€14,266▲ 336%
Remuneration and social security454/9---€1,975€409€4,893€6,259▲ 27.9%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€7,964€41,528€70,472€43,281€37,886-€2,890€17,566-
+ Depreciation and write-downs630€2,789€2,788€3,391€5,221€5,228€7,141€6,247▼ 12.5%
Operating cash flow (approximation)€10,753€44,316€73,863€48,502€43,115€4,251€23,813▲ 460%
Investment in fixed assets (approximation)-€0-€21,904€0-€13,300€0€0-
Change in cash-€65,340€41,731€9,901-€14,000-€69,136€39,368-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 34 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 micro format 30-01-2026 2026-00029203
30-06-2024 micro format 20-12-2024 2024-00624046
30-06-2023 micro format 28-02-2024 2024-00037863
30-06-2022 micro format 25-01-2023 2023-00005093
30-06-2021 micro format 25-02-2022 2022-06400151
30-06-2020 micro format 16-02-2021 2021-05500098
30-06-2019 micro format 19-12-2019 2019-76800216
30-06-2018 micro format 11-02-2019 2019-04900484
30-06-2017 micro format 22-12-2017 2017-72900006
30-06-2016 abbreviated format 27-01-2017 2017-02500217

Show all 34 filings

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