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VANO IMMO

Active
Public limited companyfounded 198640 yrs activeRue de la Terre à Briques(MAR) 29D, 7522 Tournai, BelgiumKBO/BCE: BE 0429.267.758
Summary

VANO IMMO has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.0m and a net result of €1.1m. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 78% of 5063 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203Renting and operating of own or leased residential real estate, excluding social housing NACE 68201NACE 74131
#7 company by equity in Tournai, Real estate sector1 site
Size
€15.8mtotal assets 2025
Staff
4.7 FTE
Equity
€12.0m
Profit
€1.1m
Financial health
97 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Parent
THEO · 99.98%
Accounts 25 d early0 of 11 deeds read
Why 97- Liquidity: current ratio 0.90, cash €1.0m+ Founded in 1986+ Size: 4.7 FTE, total assets €15.8m+ Figures for FY 2025 (filed 06-07-2026)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Better than 73% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 100+7
equity 75.9% of total assets
Liquidity 53+3
short-term debt 18.1% · cash 6.5%
Profitability 77+1
return on assets 6.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (26,360 companies)
Last 4 months 07-2026: 0.1%highest value 08-2026: 0.1%▼ -6.8% vs 07-2026lowest value 09-2026: 0.1%● 0.0% vs 08-2026lowest value 10-2026: 0.1%● 0.0% vs 09-2026lowest value
  • Founded in 1986 lowers the probability for this profile
  • Liquidity: current ratio 0.90, cash €1.0m raises the probability
  • Size: 4.7 FTE, total assets €15.8m lowers the probability for this profile
  • Figures for FY 2025 (filed 06-07-2026) lowers the probability
Credit up to €1,150,000 at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.72 in 2024; short-term debt: 18.1% and cash: 6.5% of total assets), and 24.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 91%, liquidity 61%, profitability 74%, growth against the median 66%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1986
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Liquidity: current ratio 0.90, cash €1.0m
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: 4.7 FTE, total assets €15.8m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 06-07-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 d early
2024
21 d late
2023
14 d early
2022
12 d early
2021
5 d early
2020
23 d late
2019
4 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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. Usually files around 19 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Equity above €10mEq €10.9m ▲9.6%

Key points

  • Positive: Among the best 9% on net resultsector median €22,591 · 5,060 companies €1.1m View
  • Positive: 8 profitable years in a rowprofit 2025: €1.1m 8 years View
  • Controlled by THEO 99.98% View

By topic

Financials

Fiscal year
2025
Total assets
€15.8m
Profit
€1.1m
Solvency
75.9%
Total assets▼ 1.0%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 06-07-2026Annual accounts filed
  2. 21-08-2025Annual accounts filed
  3. 31-12-2024Equity above €10m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
27-06-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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