Skip to content

Vankelecom Bram

Active
Private limited companyfounded 2023active for 3 yearsGeitestraat 28, 2800 Mechelen, BelgiumKBO/BCE: BE 0802.599.477
Summary

The computed 12-month bankruptcy probability of Vankelecom Bram is 2.0% (moderate). The 2025 annual accounts show negative equity (-€80,136) and a net result of -€1,508. Its solvency ranks better than 9% of 2,844 sector peers (NACE 93, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
-€80,136▼ 1.9%
2024 · -€78,629
Total assets
€62,579▼ 8.2%
2024 · €68,166
Net result
-€1,508▲ 98.1%
2024 · -€78,729
Working capital
-€26,265▲ 37.9%
2024 · -€42,286
Trend over the years

2024 to 2025, 2 financial years

The operating result returns to profit in 2025: €13,912 after a loss of €65,366 in 2024.

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

Operating result€13,912 2025 Net result-€1,508 2025

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

Sector: the middle half of NACE 93, Sports, amusement and recreation activities: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€65,366-€13,912
Net result-€78,729below the sector's middle half--€1,508within the sector's middle half▲ 98.1%
Equity-€78,629below the sector's middle half--€80,136below the sector's middle half▼ 1.9%
Total assets€68,166within the sector's middle half-€62,579within the sector's middle half▼ 8.2%
Debt€146,795-€142,715▼ 2.8%
Working capital-€42,286within the sector's middle half--€26,265within the sector's middle half▲ 37.9%
Solvency-115.3%below the sector's middle half--128.1%below the sector's middle half▼ 12.7pp
Current ratio0.20below the sector's middle half-0.37below the sector's middle half▲ 0.17
Return on assets (ROA)-115.5%below the sector's middle half--2.4%within the sector's middle half▲ 113.1pp
Staff (FTE)0.8-0.5▼ 37.5%
above within below the middle half of NACE 93, Sports, amusement and recreation activities: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62,579
Fixed assets €47,239 ▼ 17.9%
Current assets €15,340 ▲ 44.2%
Equity and liabilities
Equity-€80,136
Debt€142,715
Equity is negative: debt (€142,715) exceeds the balance-sheet total (€62,579).
Key figures and ratios
2025 value · change against 2024
EBITDA
€24,201▲
2024 · -€51,974
Cash flow
€8,782▲
2024 · -€65,336
Quick ratio
0.36▲
2024 · 0.20
Interest coverage
1.58▲
2024 · -3.93
Debt ≤ 1 year
€41,606▼
2024 · €52,924
Debt > 1 year
€101,110▲
2024 · €93,871
Income taxes
€132▼
2024 · €165
Staff costs
€10,471▼
2024 · €26,185
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 91.6% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
4.6% went bankrupt
3.6% stopped otherwise
91.6% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,473 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% 1.0%
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 1,555 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 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€68,166€62,579▼
Fixed assets21/28€57,528€47,239▼
Intangible fixed assets21€2,775€1,980▼
Tangible fixed assets22/27€45,753€36,259▼
Plant, machinery and equipment23€1,255€935▼
Furniture and vehicles24€3,913€2,791▼
Other tangible fixed assets26€40,585€32,533▼
Financial fixed assets28€9,000€9,000=
Current assets29/58€10,639€15,340▲
Stocks and contracts in progress3-€556
Stocks30/36-€556
Amounts receivable within one year40/41€7,493€9,323▲
Trade receivables40-€9,067
Other amounts receivable41€7,493€256▼
Cash at bank and in hand54/58€3,145€906▼
Deferred charges and accrued income490/1-€4,556
Equity and liabilities
Total equity and liabilities10/49€68,166€62,579▼
Equity10/15-€78,629-€80,136▼
Contributions10/11€100€100=
Profit (loss) carried forward14-€78,729-€80,236▼
Amounts payable17/49€146,795€142,715▼
Amounts payable after more than one year17€93,871€101,110▲
Financial debts170/4€57,898€65,137▲
Other amounts payable178/9€35,973€35,973=
Amounts payable within one year42/48€52,924€41,606▼
Current portion of amounts payable after more than one year42€15,780€16,765▲
Financial debts43€2,619€888▼
Credit institutions430/8€2,619€888▼
Trade debts44€18,833€8,818▼
Suppliers440/4€18,833€8,818▼
Advances received on contracts in progress46€466€466=
Taxes, remuneration and social security45€4,403€908▼
Taxes450/3€1,707€316▼
Remuneration and social security454/9€2,696€591▼
Other amounts payable47/48€10,824€13,762▲
Income statement Code20242025
Non-recurring operating income76A-€7,309
Remuneration, social security and pensions62€26,185€10,471▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,392€10,289▼
Other operating charges640/8€6,365€4,162▼
Non-recurring operating charges66A-€2,717
Gross operating margin9900-€19,423€41,550▲
Operating profit (loss)9901-€65,366€13,912▲
Financial income75/76B€41€3▼
Recurring financial income75€41€3▼
Financial charges65/66B€13,238€15,291▲
Recurring financial charges65€13,238€15,291▲
Profit (loss) for the period before taxes9903-€78,563-€1,376▲
Income taxes67/77€165€132▼
Profit (loss) for the period9904-€78,729-€1,508▲
Profit (loss) for the period to be appropriated9905-€78,729-€1,508▲
Appropriation of the result
Profit (loss) to be appropriated9906-€78,729-€80,236▼
Profit (loss) brought forward from the previous period14P--€78,729

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Non-recurring operating income76A-€7,309-
Remuneration, social security and pensions62€26,185€10,471▼ 60.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,392€10,289▼ 23.2%
Other operating charges640/8€6,365€4,162▼ 34.6%
Non-recurring operating charges66A-€2,717-
Gross operating margin9900-€19,423€41,550-
Operating profit (loss)9901-€65,366€13,912-
Financial income75/76B€41€3▼ 91.9%
Recurring financial income75€41€3▼ 91.9%
Financial charges65/66B€13,238€15,291▲ 15.5%
Recurring financial charges65€13,238€15,291▲ 15.5%
Profit (loss) for the period before taxes9903-€78,563-€1,376▲ 98.2%
Income taxes67/77€165€132▼ 20.1%
Profit (loss) for the period9904-€78,729-€1,508▲ 98.1%
Profit (loss) for the period to be appropriated9905-€78,729-€1,508▲ 98.1%
Line20242025Change
Assets
Total assets20/58€68,166€62,579▼ 8.2%
Fixed assets21/28€57,528€47,239▼ 17.9%
Intangible fixed assets21€2,775€1,980▼ 28.6%
Tangible fixed assets22/27€45,753€36,259▼ 20.8%
Plant, machinery and equipment23€1,255€935▼ 25.5%
Furniture and vehicles24€3,913€2,791▼ 28.7%
Other tangible fixed assets26€40,585€32,533▼ 19.8%
Financial fixed assets28€9,000€9,000=
Current assets29/58€10,639€15,340▲ 44.2%
Stocks and contracts in progress3-€556-
Stocks30/36-€556-
Amounts receivable within one year40/41€7,493€9,323▲ 24.4%
Trade receivables40-€9,067-
Other amounts receivable41€7,493€256▼ 96.6%
Cash at bank and in hand54/58€3,145€906▼ 71.2%
Deferred charges and accrued income490/1-€4,556-
Equity and liabilities
Total equity and liabilities10/49€68,166€62,579▼ 8.2%
Equity10/15-€78,629-€80,136▼ 1.9%
Contributions10/11€100€100=
Profit (loss) carried forward14-€78,729-€80,236▼ 1.9%
Amounts payable17/49€146,795€142,715▼ 2.8%
Amounts payable after more than one year17€93,871€101,110▲ 7.7%
Financial debts170/4€57,898€65,137▲ 12.5%
Other amounts payable178/9€35,973€35,973=
Amounts payable within one year42/48€52,924€41,606▼ 21.4%
Current portion of amounts payable after more than one year42€15,780€16,765▲ 6.2%
Financial debts43€2,619€888▼ 66.1%
Credit institutions430/8€2,619€888▼ 66.1%
Trade debts44€18,833€8,818▼ 53.2%
Suppliers440/4€18,833€8,818▼ 53.2%
Advances received on contracts in progress46€466€466=
Taxes, remuneration and social security45€4,403€908▼ 79.4%
Taxes450/3€1,707€316▼ 81.5%
Remuneration and social security454/9€2,696€591▼ 78.1%
Other amounts payable47/48€10,824€13,762▲ 27.1%
Line20242025Change
Profit (loss) for the period9904-€78,729-€1,508▲ 98.1%
+ Depreciation and write-downs630€13,392€10,289▼ 23.2%
Operating cash flow (approximation)-€65,336€8,782-
Investment in fixed assets (approximation)-€0-
Change in cash--€2,240-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 08-07-2026 2026-00275150
31-12-2024 micro format 28-08-2025 2025-00431773

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 3,263 active companies whose main activity is operation of sports facilities (NACE 93110), figures are known for 1,504. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.