Vanro-aannemingen
ActiveVanro-aannemingen has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71k and a net result of €-8k. Equity is growing by ~35.4% per year across the filed fiscal years. Its solvency ranks better than 38% of 13908 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
17
/ 100
Critical▼ -51 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-83
Solvency25▼-2
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.15 against 1.21 in 2024), and 84.3% 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.7%
Return on assets
-1.9%
Age of the figures
8 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
16 d late
2023
37 d early
2022
on the day
2021
16 d late
2020
19 d late
2019
20 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€71k▼ 10.7%
2024 · €79k
2018: €-18k
2019: €15k
2020: €14k
2021: €39k
2022: €34k
2023: €66k
2024: €79k
2018 → 2025
Total assets
€451k▼ 0.6%
2024 · €454k
2018: €35k
2019: €126k
2020: €237k
2021: €375k
2022: €394k
2023: €616k
2024: €454k
2018 → 2025
Net result
€-8k
2024 · €13k
2018: €-5k
2019: €33k
2020: €-817
2021: €24k
2022: €-5k
2023: €32k
2024: €13k
2018 → 2025
Working capital
€57k▼ 27.1%
2024 · €79k
2018: €-22k
2019: €12k
2020: €12k
2021: €38k
2022: €33k
2023: €66k
2024: €79k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€34k▼ 12.7%€66k▲ 94.0%€79k▲ 20.0%€71k▼ 10.7%
Operating result€32k-€-5k€42k€18k▼ 57.9%€-8k
Net result€24k-€-5k€32k€13k▼ 58.7%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €18k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €451k
Fixed assets
€13k▲ 2,086%
Current assets
€438k▼ 3.4%
Equity and liabilities €451k
Equity
€71k▼ 10.7%
Debt
€380k▲ 1.6%
The debt ratio rises from 82.6% to 84.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-6k▼
2024 · €18k
Cash flow
€-6k▼
2024 · €13k
Solvency
15.7%▼
2024 · 17.4%
Current ratio
1.15▼
2024 · 1.21
Quick ratio
0.52▼
2024 · 1.16
Debt / equity
5.39▲
2024 · 4.73
ROE
-12.0%▼
2024 · 16.7%
ROA
-1.9%▼
2024 · 2.9%
Interest coverage
-21.28▼
2024 · 426.59
Debt
€380k▲
2024 · €374k
Debt ≤ 1 year
€380k▲
2024 · €374k
Income taxes
€0▼
2024 · €4k
Staff costs
€4k
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€454k€451k▼
Fixed assets21/28€611€13k▲
Tangible fixed assets22/27€611€13k▲
Plant, machinery and equipment23€611€13k▲
Current assets29/58€453k€438k▼
Stocks and contracts in progress3€17k€239k▲
Stocks30/36€17k€239k▲
Amounts receivable within one year40/41€18k€35k▲
Trade receivables40€13k€17k▲
Other amounts receivable41€5k€17k▲
Cash at bank and in hand54/58€418k€164k▼
Equity and liabilities
Total equity and liabilities10/49€454k€451k▼
Equity10/15€79k€71k▼
Contributions10/11€6k€6k=
Reserves13€70k€70k=
Distributable reserves133€70k€70k=
Profit (loss) carried forward14€3k€-6k▼
Amounts payable17/49€374k€380k▲
Amounts payable within one year42/48€374k€380k▲
Trade debts44€18k€23k▲
Suppliers440/4€18k€23k▲
Taxes, remuneration and social security45€10k-
Taxes450/3€10k-
Other amounts payable47/48€346k€357k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€302€3k▲
Other operating charges640/8€519€701▲
Gross operating margin9900€18k€-578▼
Operating profit (loss)9901€18k€-8k▼
Financial income75/76B€22€0▼
Recurring financial income75€22€0▼
Financial charges65/66B€42€261▲
Recurring financial charges65€42€261▲
Profit (loss) for the period before taxes9903€18k€-8k▼
Income taxes67/77€4k€0▼
Profit (loss) for the period9904€13k€-8k▼
Profit (loss) for the period to be appropriated9905€13k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€-6k▼
Profit (loss) brought forward from the previous period14P€3k€3k▼
Transfer to equity691/2€13k-
To other reserves6921€13k-
The notes to these accounts (5 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-8k ▼164%
Net result drops to €-8k, the lowest in the series.
16-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 16 days late
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2018
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
23-11-2018
Resigned as Manager
Location & real-estate footprint
Registered office, Koekelare · 1 establishment unit since 2004
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.
Moervijverweg 368680 KoekelareGround area
1.5 ha
Building footprint
168 m²
Volume, LiDAR
836 m³
Parcel 32002B0725/00N000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vanro-aannemingen
since 20042.137.548.616
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32002B0725/00N000 | Flanders | 1.5 ha | 1 · 168 m² | 7.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 449 EUR awarded · 449 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 449 EUR | 449 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,551 companies in sector 41001 we hold annual accounts for 15,877. 13,098 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-05-2004
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.