VANOKIN
ActiveVANOKIN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €434k and a net result of €126k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-6
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 35.97; short-term debt: 2.7% and cash: 1% of total assets), and 2.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.1%
Return on assets
28.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
24 d early
2023
2 d early
2022
28 d early
2021
3 d early
2020
3 d early
2019
8 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€434k▼ 20.2%
2024 · €544k
2018: €410k
2019: €435k
2020: €467k
2021: €488k
2022: €523k
2023: €539k
2024: €544k
2018 → 2025
Total assets
€447k▼ 18.4%
2024 · €548k
2018: €480k
2019: €476k
2020: €493k
2021: €501k
2022: €536k
2023: €546k
2024: €548k
2018 → 2025
Net result
€126k▲ 2,329%
2024 · €5k
2018: €43k
2019: €25k
2020: €32k
2021: €21k
2022: €35k
2023: €16k
2024: €5k
2018 → 2025
Working capital
€423k▼ 21.4%
2024 · €538k
2018: €404k
2019: €430k
2020: €462k
2021: €481k
2022: €516k
2023: €532k
2024: €538k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€488k-€523k▲ 7.1%€539k▲ 3.0%€544k▲ 1.0%€434k▼ 20.2%
Operating result€33k-€29k▼ 12.6%€6k▼ 78.8%€8k▲ 36.6%€173▼ 97.9%
Net result€21k-€35k▲ 63.1%€16k▼ 55.1%€5k▼ 66.6%€126k▲ 2,329%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 98% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €447k
Fixed assets
€12k▲ 82.6%
Current assets
€435k▼ 19.6%
Equity and liabilities €447k
Equity
€434k▼ 20.2%
Debt
€13k▲ 228%
The debt ratio rises from 0.7% to 2.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▼
2024 · €9k
Cash flow
€128k▲
2024 · €6k
Solvency
97.1%▼
2024 · 99.3%
Current ratio
35.97
Quick ratio
35.97
Debt / equity
0.03▲
2024 · 0.01
ROE
29.1%▲
2024 · 1.0%
ROA
28.2%▲
2024 · 0.9%
Interest coverage
1.65▼
2024 · 13.65
Debt
€13k▲
2024 · €4k
Debt ≤ 1 year
€12k▲
2024 · €3k
Income taxes
€13k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€548k€447k▼
Fixed assets21/28€7k€12k▲
Tangible fixed assets22/27€5k€11k▲
Furniture and vehicles24€4k€9k▲
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€1k€1k=
Current assets29/58€541k€435k▼
Amounts receivable within one year40/41€7k€1k▼
Trade receivables40€2k-
Other amounts receivable41€5k€1k▼
Current investments50/53€497k€427k▼
Cash at bank and in hand54/58€35k€4k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€548k€447k▼
Equity10/15€544k€434k▼
Contributions10/11€45k€45k=
Outside capital11€45k€45k=
Other1109/19€45k€45k=
Reserves13€499k€389k▼
Distributable reserves133€499k€389k▼
Amounts payable17/49€4k€13k▲
Amounts payable within one year42/48€3k€12k▲
Trade debts44€396€493▲
Suppliers440/4€396€493▲
Advances received on contracts in progress46€120-
Taxes, remuneration and social security45-€11k
Taxes450/3-€11k
Other amounts payable47/48€3k€350▼
Accrued charges and deferred income492/3€800€800=
Income statement
Code20242025
Non-recurring operating income76A-€120
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€470€2k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€10k€3k▼
Operating profit (loss)9901€8k€173▼
Financial income75/76B€719€140k▲
Recurring financial income75€719€140k▲
Financial charges65/66B€640€1k▲
Recurring financial charges65€640€1k▲
Profit (loss) for the period before taxes9903€8k€139k▲
Income taxes67/77€3k€13k▲
Profit (loss) for the period9904€5k€126k▲
Profit (loss) for the period to be appropriated9905€5k€126k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€126k▲
Transfer from equity791/2-€236k
Transfer to equity691/2€5k€126k▲
To other reserves6921€5k€126k▲
Profit to be distributed694/7-€236k
Return on contributions (dividend)694-€236k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €126k ▲2329%
Net result €126k, the highest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €5k ▼66.6%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 172.84
Current ratio from 86.36 to 172.84; short-term debt falls from €6k to €3k.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 86.36
Current ratio from 43.18 to 86.36; short-term debt falls from €12k to €6k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €500kEq €523k ▲7.1%
5 profitable years in a row build equity to €523k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 40.53
Current ratio from 19.71 to 40.53; short-term debt falls from €25k to €12k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hove · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Boechoutsesteenweg 1362540 HoveGround area
3.7 ha
Building footprint
274 m²
Volume, LiDAR
3,572 m³
Parcel 11021A0195/02L003, Flanders · tallest building 17.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
VANOKIN
since 20102.190.629.291
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021A0195/02L003 | Flanders | 3.7 ha | 1 · 274 m² | 17.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
967600Q6QCUP3WIRON57
Similar companies · same sector, comparable size
HMK SANI
BE 0651.608.980
Dison · Eq €424k
Freebird
BE 0840.568.742
Waasmunster · Eq €447k
BRICOBRAIN
BE 0563.942.657
Charleroi · Eq €418k
JU & MI
BE 0652.698.647
Deinze · Eq €416k
GILLAGH
BE 0502.621.336
Charleroi · Eq €412k
Of 237 companies in sector 47522 we hold annual accounts for 139. 87 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-07-2010
Fiscal year end31-12
Activities, NACEBEL
47522Retail trade
46190Agents in non-specialised wholesale trade
46474Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.