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VANOR ET CIE

Active
Private limited companyfounded 1989active for 37 yearsRue Jules Destrée 87, 6150 Anderlues, BelgiumKBO/BCE: BE 0438.809.588

From the official registers: KBO 37 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The annual accounts of VANOR ET CIE for financial year 2025 show a net loss of 66% of total assets and of 54% of the equity at the start of that year. The 2025 annual accounts show equity of €246,546 and a net result of -€292,746. Equity is shrinking by about 14% per year across the filed financial years. Its solvency ranks better than 62% of 829 sector peers (NACE 25, financial year 2025). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags). The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysisFollow ReportCompare
VANOR ET CIEActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 19-10-1989 Normal situation
Legal form
Private limited company
Registered office
Rue Jules Destrée 87, 6150 Anderlues
Activity
Manufacture of metal structures and parts of structures NACE 25110and 1 other
Establishment unit
2.045.889.851 6150 Anderlues, since 07-12-1989
Financial year end
31 December
Peppol
Reachable since 27-03-2026
Company details

Who decides

Board
Shareholders
Board & ownership

How it is doing

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Turnover
€656,136
▼ 58.4%
Loss
€292,746
▲ 113%
Equity
€246,546
▼ 54.3%
Total assets
€442,144
▼ 44.1%
Staff
12.8 FTE
▼ 10.5%
2025 accounts 1 day early
Filed on 30-07-2026at the National Bank
Financials
Why 55raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €292,746, the second in a row (financial year 2025)Ex-officio strike-off in the KBOSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskLiquidity: current ratio 2.18, cash €208,157, halvedShow the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 40% of its sector peers (NACE 25, small)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 81-12
equity 55.8% of total assets
Liquidity 79-7
short-term debt 43.2% · cash 47.1%
Profitability 0=
return on assets -66.2%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (749 companies, NACE 25, small)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.6%▼ -0.1 percentage points vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.6%▼ -0.1 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.5%▼ -0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026lowest value 08-2026: 1.2%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 1.2%● unchanged vs 08-2026highest value 10-2026: 1.2%● unchanged vs 09-2026highest value
Credit of up to €13,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.18, compared with 3.13 in 2024, above the usual 1.5; short-term debt: 43.2% and cash: 47.1% of total assets), and 44.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, small): better than 65% on solvency, 91% on liquidity, 2% on profitability and 3% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €292,746, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.18, cash €208,157, halved
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
13 days early
2023
5 days early
2022
360 days late
2021
725 days late
2020
1090 days late
2019
1449 days 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 515 days after the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Late accounts filingStrikeout withdrawn
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (4 of the last 5 filed years within 361 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€292,746 View
  • Caution: Result fell in 2025from -€137,569 to -€292,746 ▼ 113% View
  • Caution: Board changedlatest change 22-05-2026 · 2 in office 2 joined · 2 left View
  • Caution: Among the weakest 10% on net resultsector median €79,379 · 829 companies -€292,746 View

Documents

Annual accounts at the NBB

All 37 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about VANOR ET CIE

What is the company number of VANOR ET CIE?
0438.809.588. In Belgium the VAT number is the company number with BE in front: BE 0438.809.588.
Where is VANOR ET CIE based?
The registered office is at Rue Jules Destrée 87, 6150 Anderlues.Company details
What does VANOR ET CIE do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of VANOR ET CIE?
Private limited company (BV).
When was VANOR ET CIE founded?
On 19-10-1989.
Is VANOR ET CIE still active?
Yes, VANOR ET CIE is an active enterprise in the KBO register.
How many employees does VANOR ET CIE have?
On average 12.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VANOR ET CIE?
€656,136 in financial year 2025, according to the filed annual accounts.
Is VANOR ET CIE profitable?
In financial year 2025, VANOR ET CIE made a loss of €292,746.
Where can I find the annual accounts of VANOR ET CIE?
VANOR ET CIE filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of VANOR ET CIE due?
By 31-07-2027, for financial year 2026.Timeline

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