VANOPBROEKE
ActiveSummary
The computed 12-month bankruptcy probability of VANOPBROEKE is 2.0% (moderate). The 2025 annual accounts show equity of €33,793 and a net result of €107,987. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 28254 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency56▲+27
Growth32=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.02 in 2024; short-term debt: 69.3% and cash: 74.1% of total assets), and 69.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
30.7%
Return on assets
98.1%
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 14-09-2026, 45 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 · 5 filingsDeviation from the deadline
2025
45 d late
2024
76 d late
2023
6 d early
2022
30 d late
2021
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 34 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€33,793▲ 482%
2024 · €5,805
Total assets
€110,118▼ 19.5%
2024 · €136,732
Net result
€107,987▼ 4.9%
2024 · €113,551
Working capital
€32,496▲ 1,017%
2024 · €2,908
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€195,482-€177,276▼ 9.3%€184,869▲ 4.3%€132,778▼ 28.2%€134,809▲ 1.5%
Net result€154,046above the sector's middle half-€141,411above the sector's middle half▼ 8.2%€148,548above the sector's middle half▲ 5.0%€113,551above the sector's middle half▼ 23.6%€107,987above the sector's middle half▼ 4.9%
Equity€157,446above the sector's middle half-€297,258above the sector's middle half▲ 88.8%€445,805above the sector's middle half▲ 50.0%€5,805below the sector's middle half▼ 98.7%€33,793within the sector's middle half▲ 482%
Total assets€251,006within the sector's middle half-€397,766above the sector's middle half▲ 58.5%€504,823above the sector's middle half▲ 26.9%€136,732within the sector's middle half▼ 72.9%€110,118within the sector's middle half▼ 19.5%
Debt€93,560-€100,509▲ 7.4%€59,017▼ 41.3%€130,927▲ 122%€76,325▼ 41.7%
Working capital€143,229above the sector's middle half-€288,282above the sector's middle half▲ 101%€442,389above the sector's middle half▲ 53.5%€2,908below the sector's middle half▼ 99.3%€32,496within the sector's middle half▲ 1,017%
Solvency62.7%within the sector's middle half-74.7%above the sector's middle half▲ 12.0pp88.3%above the sector's middle half▲ 13.6pp4.2%below the sector's middle half▼ 84.1pp30.7%within the sector's middle half▲ 26.4pp
Current ratio2.78within the sector's middle half-4.12above the sector's middle half▲ 1.348.90above the sector's middle half▲ 4.781.02below the sector's middle half▼ 7.881.43within the sector's middle half▲ 0.40
Return on assets (ROA)61.4%above the sector's middle half-35.6%above the sector's middle half▼ 25.8pp29.4%above the sector's middle half▼ 6.1pp83.0%above the sector's middle half▲ 53.6pp98.1%above the sector's middle half▲ 15.0pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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
The operating result recovers in 2025; 2025 is 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €110,118
Fixed assets
€1,297 ▼ 55.2%
Current assets
€108,821 ▼ 18.7%
Equity and liabilities €110,118
Equity
€33,793 ▲ 482%
Debt
€76,325 ▼ 41.7%
Debt's share of the balance-sheet total falls from 95.8% to 69.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€136,409=
2024 · €136,341
Cash flow
€109,588▼
2024 · €117,113
Quick ratio
1.26▲
2024 · 0.91
Debt to equity
2.26▼
2024 · 22.55
ROE
319.6%
Interest coverage
358.89▲
2024 · 208.71
Debt ≤ 1 year
€76,325▼
2024 · €130,927
Income taxes
€30,715▼
2024 · €32,606
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.0% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,952 | €13,728 | €10,697 | €3,563 | €1,600 | ▼ 55.1% |
| Other operating charges640/8 | €876 | €1,411 | €1,043 | €2,019 | €896 | ▼ 55.6% |
| Gross operating margin9900 | €208,310 | €192,415 | €196,609 | €138,360 | €137,305 | ▼ 0.8% |
| Operating profit (loss)9901 | €195,482 | €177,276 | €184,869 | €132,778 | €134,809 | ▲ 1.5% |
| Financial income75/76B | €4,474 | €6,780 | €8,713 | €14,032 | €4,273 | ▼ 69.5% |
| Recurring financial income75 | €4,474 | €6,780 | €8,713 | €14,032 | €4,273 | ▼ 69.5% |
| Financial charges65/66B | €592 | €994 | €798 | €653 | €380 | ▼ 41.8% |
| Recurring financial charges65 | €592 | €994 | €798 | €653 | €380 | ▼ 41.8% |
| Profit (loss) for the period before taxes9903 | €199,364 | €183,062 | €192,785 | €146,156 | €138,702 | ▼ 5.1% |
| Income taxes67/77 | €45,317 | €41,651 | €44,237 | €32,606 | €30,715 | ▼ 5.8% |
| Profit (loss) for the period9904 | €154,046 | €141,411 | €148,548 | €113,551 | €107,987 | ▼ 4.9% |
| Profit (loss) for the period to be appropriated9905 | €154,046 | €141,411 | €148,548 | €113,551 | €107,987 | ▼ 4.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €251,006 | €397,766 | €504,823 | €136,732 | €110,118 | ▼ 19.5% |
| Fixed assets21/28 | €27,438 | €17,157 | €6,460 | €2,897 | €1,297 | ▼ 55.2% |
| Tangible fixed assets22/27 | €27,438 | €17,157 | €6,460 | €2,897 | €1,297 | ▼ 55.2% |
| Plant, machinery and equipment23 | €16,100 | €11,474 | €3,792 | €1,509 | €994 | ▼ 34.2% |
| Furniture and vehicles24 | €7,731 | €2,902 | €713 | €259 | €0 | ▼ 100% |
| Other tangible fixed assets26 | €3,606 | €2,781 | €1,955 | €1,129 | €303 | ▼ 73.1% |
| Current assets29/58 | €223,569 | €380,609 | €498,363 | €133,835 | €108,821 | ▼ 18.7% |
| Stocks and contracts in progress3 | €11,733 | €25,326 | €25,766 | €14,167 | €12,647 | ▼ 10.7% |
| Stocks30/36 | €11,733 | €25,326 | €25,766 | €14,167 | €12,647 | ▼ 10.7% |
| Amounts receivable within one year40/41 | €27,497 | €13,410 | €16,491 | €21,122 | €13,780 | ▼ 34.8% |
| Trade receivables40 | €26,023 | €13,410 | €16,141 | €14,009 | €3,364 | ▼ 76.0% |
| Other amounts receivable41 | €1,473 | €0 | €350 | €7,113 | €10,416 | ▲ 46.4% |
| Current investments50/53 | - | - | €350,000 | €0 | - | - |
| Cash at bank and in hand54/58 | €184,205 | €341,093 | €103,582 | €97,773 | €81,590 | ▼ 16.6% |
| Deferred charges and accrued income490/1 | €135 | €781 | €2,524 | €774 | €805 | ▲ 4.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €251,006 | €397,766 | €504,823 | €136,732 | €110,118 | ▼ 19.5% |
| Equity10/15 | €157,446 | €297,258 | €445,805 | €5,805 | €33,793 | ▲ 482% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €152,446 | €292,258 | €440,805 | €805 | €28,793 | ▲ 3,475% |
| Distributable reserves133 | €152,446 | €292,258 | €440,805 | €805 | €28,793 | ▲ 3,475% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €93,560 | €100,509 | €59,017 | €130,927 | €76,325 | ▼ 41.7% |
| Amounts payable after more than one year17 | €13,220 | €8,182 | €3,044 | €0 | - | - |
| Financial debts170/4 | €13,220 | €8,182 | €3,044 | €0 | - | - |
| Amounts payable within one year42/48 | €80,339 | €92,327 | €55,974 | €130,927 | €76,325 | ▼ 41.7% |
| Current portion of amounts payable after more than one year42 | €8,293 | €5,039 | €5,138 | €3,044 | €0 | ▼ 100% |
| Trade debts44 | €28,994 | €26,386 | €16,998 | €9,501 | €1,103 | ▼ 88.4% |
| Suppliers440/4 | €28,994 | €26,386 | €16,998 | €9,501 | €1,103 | ▼ 88.4% |
| Taxes, remuneration and social security45 | €41,453 | €57,974 | €30,902 | €0 | €2,873 | - |
| Taxes450/3 | €41,453 | €57,974 | €30,902 | €0 | €2,873 | - |
| Other amounts payable47/48 | €1,600 | €2,928 | €2,936 | €118,382 | €72,349 | ▼ 38.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €154,046 | €141,411 | €148,548 | €113,551 | €107,987 | ▼ 4.9% |
| + Depreciation and write-downs630 | €11,952 | €13,728 | €10,697 | €3,563 | €1,600 | ▼ 55.1% |
| Operating cash flow (approximation) | €165,998 | €155,139 | €159,245 | €117,113 | €109,588 | ▼ 6.4% |
| Investment in fixed assets (approximation) | - | -€3,447 | €0 | €0 | €0 | - |
| Change in cash | - | €156,889 | -€237,511 | -€5,809 | -€16,183 | ▼ 179% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 45 days late
2025
31-12
Financial
Weakest financial yearnet €107,987 ▼4.9%
Net result drops to €107,987, the lowest in the series.
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 76 days late
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 8.90
Current ratio from 4.12 to 8.90; short-term debt falls from €92,327 to €55,974.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €200,000Eq €297,258 ▲88.8%
2 profitable years in a row build equity to €297,258.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Oostende · 1 establishment unit since 2021
Ground area
614 m²
Building footprint
136 m²
Volume, LiDAR
1,044 m³
Parcel 35026A0286/00H003, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VANOPBROEKE
since 20212.315.519.959
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35026A0286/00H003 | Flanders | 614 m² | 1 · 136 m² | 11.7 m · 3 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.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 6,952 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
41001General construction of residential buildings
68122Development of non-residential building projects
43120Site preparation
43211General electrical installation work
43350Other building finishing work
43990Other specialised construction activities
71111Activities of building architects
81220Other building cleaning and industrial cleaning
82990Other business support services
Contact
E-mail
home-comfort@outlook.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0765614466
Also
9925:BE0765614466
Registered
21-10-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.