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Vanscandic

Active
Private limited companyfounded 2023active for 3 yearsSippelberglaan 5, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0805.896.388
Summary

The computed 12-month bankruptcy probability of Vanscandic is 8.0% (elevated). The 2025 annual accounts show negative equity (-€7,112) and a net result of -€9,612. The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (13 days) Filed on 13 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00041413.

Equity
-€7,112
Total assets
€2,781
Net result
-€9,612
Working capital
-€9,893

Turnover and EBIT margin not published: the micro format does not require them.

Key figures and ratios
2025 value
EBITDA
-€6,439
Cash flow
-€6,571
Interest coverage
-48.83
Debt
€9,893
Debt ≤ 1 year
€9,893
Staff costs
€1,410
Ratios withheld: a balance sheet total of €2,781 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.8% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 8.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 7,639 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
Filed annual accounts As filed with the NBB · 2025 · 26 lines
Balance sheet Code2025
Assets
Total assets20/58€2,781
Fixed assets21/28€2,781
Tangible fixed assets22/27€2,781
Furniture and vehicles24€2,781
Current assets29/58€0
Cash at bank and in hand54/58€0
Equity and liabilities
Total equity and liabilities10/49€2,781
Equity10/15-€7,112
Contributions10/11€2,500
Profit (loss) carried forward14-€9,612
Amounts payable17/49€9,893
Amounts payable within one year42/48€9,893
Trade debts44€8
Suppliers440/4€8
Other amounts payable47/48€9,885
Income statement Code2025
Remuneration, social security and pensions62€1,410
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,041
Other operating charges640/8€328
Gross operating margin9900-€4,701
Operating profit (loss)9901-€9,480
Financial charges65/66B€132
Recurring financial charges65€132
Profit (loss) for the period before taxes9903-€9,612
Profit (loss) for the period9904-€9,612
Profit (loss) for the period to be appropriated9905-€9,612
Appropriation of the result
Profit (loss) to be appropriated9906-€9,612

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€1,410
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,041
Other operating charges640/8€328
Gross operating margin9900-€4,701
Operating profit (loss)9901-€9,480
Financial charges65/66B€132
Recurring financial charges65€132
Profit (loss) for the period before taxes9903-€9,612
Profit (loss) for the period9904-€9,612
Profit (loss) for the period to be appropriated9905-€9,612
Line2025
Assets
Total assets20/58€2,781
Fixed assets21/28€2,781
Tangible fixed assets22/27€2,781
Furniture and vehicles24€2,781
Current assets29/58€0
Cash at bank and in hand54/58€0
Equity and liabilities
Total equity and liabilities10/49€2,781
Equity10/15-€7,112
Contributions10/11€2,500
Profit (loss) carried forward14-€9,612
Amounts payable17/49€9,893
Amounts payable within one year42/48€9,893
Trade debts44€8
Suppliers440/4€8
Other amounts payable47/48€9,885
Line2025
Profit (loss) for the period9904-€9,612
+ Depreciation and write-downs630€3,041
Operating cash flow (approximation)-€6,571

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 13-02-2026 2026-00041413

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.