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VANO Security

Active
Public limited companyfounded 197155 yrs activeIndustriëlaan 57, 7700 Mouscron, BelgiumKBO/BCE: BE 0408.075.436
Summary

VANO Security has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €631,247 and a net result of €20,814. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 140 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Other manufacturing not elsewhere classified
NACE 32990NACE 36630General electrical installation work NACE 43211
#5 oldest company in Hainaut, Other manufacturing sector1 site
Size
€857,109total assets 2025
Staff
9.6 FTE
Equity
€631,247
Profit
€20,814
Financial health
93 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Largest shareholder
GREENBOX · 16.66%
Accounts filed 31 d late0 of 13 deeds read
Why 93- 1 change of registered office in 24 months+ Liquidity: current ratio 3.77, cash €301,914+ Founded in 1971+ Equity €631,247 (73.6% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 65% of its sector peers (NACE 32, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 99+12
equity 73.6% of total assets
Liquidity 87+23
short-term debt 21.0% · cash 35.2%
Profitability 72+5
return on assets 2.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (1,137 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● 0.0% vs 11-2024lowest value 01-2025: 0.1%▲ +75.0% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▲ +1.8% vs 03-2025 05-2025: 0.1%▲ +22.8% vs 04-2025 06-2025: 0.1%▼ -1.4% vs 05-2025 07-2025: 0.1%▲ +7.2% vs 06-2025 08-2025: 0.1%▲ +83.8% vs 07-2025 09-2025: 0.2%▲ +38.2% vs 08-2025 10-2025: 0.1%▼ -24.5% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▲ +4.9% vs 03-2026 05-2026: 0.2%▲ +19.5% vs 04-2026 06-2026: 0.2%▼ -0.6% vs 05-2026 07-2026: 0.2%▼ -2.3% vs 06-2026 08-2026: 0.3%▲ +88.4% vs 07-2026highest value 09-2026: 0.1%▼ -57.1% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026
  • Liquidity: current ratio 3.77, cash €301,914 lowers the probability
  • 1 change of registered office in 24 months raises the probability
  • Founded in 1971 lowers the probability for this profile
  • Equity €631,247 (73.6% of total assets) lowers the probability
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 3.77 against 2.42 in 2024; short-term debt: 21% and cash: 35.2% of total assets), and 26.4% 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 32, micro). Better than this share of them on solvency 79%, liquidity 85%, profitability 48%, growth against the median 49%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. 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 · Liquidity: current ratio 3.77, cash €301,914
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Founded in 1971
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €631,247 (73.6% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filings
Deviation from the deadline
2025
31 d late
2024
30 d late
2023
1 d early
2022
39 d early
2021
10 d early
2020
15 d early
2019
52 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 7 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 40% 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 31 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 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. Back to profitnet €20,814
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Oldest company in Hainaut, Other manufacturing sectorin the Checked rankings #5 View
  • Active since 1971founded 01-01-1971 55 years View
  • Known shareholdersaccounts at 31-12-2024 66.66% View

By topic

Financials

Fiscal year
2025
Total assets
€857,109
Profit
€20,814
Solvency
73.6%
Total assets▼ 12.4%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 30-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other manufacturing not elsewhere classifiedNACE 32990
Founded
01-01-1971
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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