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VANLANDES

Active
Private limited companyfounded 20242 yrs activeGanzestraat(EER) 15, 8480 Ichtegem, BelgiumKBO/BCE: BE 1008.706.463
Summary

VANLANDES has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38,515 and a net result of -€6,078. Its solvency ranks better than 45% of 3173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability43▼-57
Solvency53▼-34
Growth32
Track record82
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.31 against 2.61 in 2024; short-term debt: 44% and cash: 1.2% of total assets), and 72.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
27.9%
Return on assets
-4.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 2 filings
Deviation from the deadline
2025
28 d late
2024
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VANLANDES was incorporated on 23 April 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€38,515▼ 13.6%
2024 · €44,593
Total assets
€138,170▲ 91.3%
2024 · €72,230
Net result
-€6,078
2024 · €41,593
Working capital
€18,774▼ 57.9%
2024 · €44,593
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable unfavourable
Line20242025
Operating result€53,285--€3,509
Net result€41,593above the sector's middle half--€6,078below the sector's middle half
Equity€44,593within the sector's middle half-€38,515within the sector's middle half▼ 13.6%
Total assets€72,230below the sector's middle half-€138,170within the sector's middle half▲ 91.3%
Debt€27,636-€99,655▲ 261%
Working capital€44,593within the sector's middle half-€18,774within the sector's middle half▼ 57.9%
Solvency61.7%within the sector's middle half-27.9%within the sector's middle half▼ 33.9pp
Current ratio2.61above the sector's middle half-1.31within the sector's middle half▼ 1.31
Return on assets (ROA)57.6%above the sector's middle half--4.4%below the sector's middle half▼ 62.0pp
above within below the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2024: €53,285€53,285Net result 2024: €41,593€41,593Operating result 2025: -€3,509-€3,509Net result 2025: -€6,078-€6,07820242025-€20,000€0€20,000€40,000€60,000Operating result 2024: €53,285€53,300Net result 2024: €41,593€41,600Operating result 2025: -€3,509-€3,510Net result 2025: -€6,078-€6,08020242025
The operating result turns negative in 2025: a loss of €3,509 after €53,285 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138,170
Fixed assets €58,553
Current assets €79,617
Equity and liabilities €138,170
Equity €38,515 ▼ 13.6%
Debt €99,655 ▲ 261%
Debt's share of the balance-sheet total rises from 38.3% to 72.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6,437
Cash flow
€3,868
Debt to equity
2.59▲
2024 · 0.62
ROE
-15.8%▼
2024 · 93.3%
Interest coverage
3.57
Debt ≤ 1 year
€60,843▲
2024 · €27,636
Debt > 1 year
€38,812
Income taxes
€768▼
2024 · €11,550
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,271 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss
4.1% went bankrupt
2.0% stopped otherwise
93% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% 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 1,271 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 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€72,230€138,170▲
Fixed assets21/28-€58,553
Tangible fixed assets22/27-€58,553
Furniture and vehicles24-€58,553
Current assets29/58€72,230€79,617▲
Amounts receivable within one year40/41€25,525€21,595▼
Trade receivables40€16,895€19,982▲
Other amounts receivable41€8,630€1,613▼
Cash at bank and in hand54/58€46,705€1,665▼
Deferred charges and accrued income490/1-€56,356
Equity and liabilities
Total equity and liabilities10/49€72,230€138,170▲
Equity10/15€44,593€38,515▼
Contributions10/11€3,000€3,000=
Reserves13€41,593€41,593=
Distributable reserves133€41,593€41,593=
Profit (loss) carried forward14--€6,078
Amounts payable17/49€27,636€99,655▲
Amounts payable after more than one year17-€38,812
Financial debts170/4-€38,812
Amounts payable within one year42/48€27,636€60,843▲
Current portion of amounts payable after more than one year42-€10,802
Trade debts44€1,636€1,657▲
Suppliers440/4€1,636€1,657▲
Taxes, remuneration and social security45€26,000€21,160▼
Taxes450/3€26,000€21,160▼
Other amounts payable47/48-€27,224
Income statement Code20242025
Non-recurring operating income76A-€7,463
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€9,947
Other operating charges640/8-€2,936
Non-recurring operating charges66A-€65,570
Gross operating margin9900€53,285€74,943▲
Operating profit (loss)9901€53,285-€3,509▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€142€1,801▲
Recurring financial charges65€142€1,801▲
Profit (loss) for the period before taxes9903€53,143-€5,310▼
Income taxes67/77€11,550€768▼
Profit (loss) for the period9904€41,593-€6,078▼
Profit (loss) for the period to be appropriated9905€41,593-€6,078▼
Appropriation of the result
Profit (loss) to be appropriated9906€41,593-€6,078▼
Transfer to equity691/2€41,593€0▼
To other reserves6921€41,593€0▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Non-recurring operating income76A-€7,463-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€9,947-
Other operating charges640/8-€2,936-
Non-recurring operating charges66A-€65,570-
Gross operating margin9900€53,285€74,943▲ 40.6%
Operating profit (loss)9901€53,285-€3,509▼ 107%
Financial income75/76B-€0-
Recurring financial income75-€0-
Financial charges65/66B€142€1,801▲ 1,172%
Recurring financial charges65€142€1,801▲ 1,172%
Profit (loss) for the period before taxes9903€53,143-€5,310▼ 110%
Income taxes67/77€11,550€768▼ 93.3%
Profit (loss) for the period9904€41,593-€6,078▼ 115%
Profit (loss) for the period to be appropriated9905€41,593-€6,078▼ 115%
Line20242025Change
Assets
Total assets20/58€72,230€138,170▲ 91.3%
Fixed assets21/28-€58,553-
Tangible fixed assets22/27-€58,553-
Furniture and vehicles24-€58,553-
Current assets29/58€72,230€79,617▲ 10.2%
Amounts receivable within one year40/41€25,525€21,595▼ 15.4%
Trade receivables40€16,895€19,982▲ 18.3%
Other amounts receivable41€8,630€1,613▼ 81.3%
Cash at bank and in hand54/58€46,705€1,665▼ 96.4%
Deferred charges and accrued income490/1-€56,356-
Equity and liabilities
Total equity and liabilities10/49€72,230€138,170▲ 91.3%
Equity10/15€44,593€38,515▼ 13.6%
Contributions10/11€3,000€3,000=
Reserves13€41,593€41,593=
Distributable reserves133€41,593€41,593=
Profit (loss) carried forward14--€6,078-
Amounts payable17/49€27,636€99,655▲ 261%
Amounts payable after more than one year17-€38,812-
Financial debts170/4-€38,812-
Amounts payable within one year42/48€27,636€60,843▲ 120%
Current portion of amounts payable after more than one year42-€10,802-
Trade debts44€1,636€1,657▲ 1.3%
Suppliers440/4€1,636€1,657▲ 1.3%
Taxes, remuneration and social security45€26,000€21,160▼ 18.6%
Taxes450/3€26,000€21,160▼ 18.6%
Other amounts payable47/48-€27,224-
Line20242025Change
Profit (loss) for the period9904€41,593-€6,078▼ 115%
+ Depreciation and write-downs630-€9,947-
Operating cash flow (approximation)€41,593€3,868▼ 90.7%
Change in cash--€45,039-

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ichtegem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2,662 m²
Building footprint
180 m²
Volume, LiDAR
972 m³
Parcel 35003B1126/00G000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VANLANDES
Ganzestraat(EER) 15, 8480 IchtegemPig breeding farms
since 20242.359.059.695
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35003B1126/00G000 Flanders 2,662 m² 1 · 180 m² 10.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 20,577 companies in this sector we hold annual accounts for 1,149. 636 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded23-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
01500Mixed farming
01461Pig breeding farms
01610Support activities for crop production
01620Support activities for animal production
43990Other specialised construction activities
86940Nursing and midwifery
E-invoicing
Reachable via Peppol
Peppol ID 0208:1008706463
Also 9925:BE1008706463
Registered 27-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.