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VANTEC

Active
Private limited companyfounded 2023active for 3 yearsKBO/BCE: BE 1000.434.838
Summary

The computed 12-month bankruptcy probability of VANTEC is 18.8% (high). The 2024 annual accounts show equity of €31,532 and a net result of €20,720. Its solvency ranks better than 44% of 1,318 sector peers (NACE 42, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 3 administrative register entries (see administrative flags).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 31 October 2026.

Turnover
≈ €160,000
Estimated: probably between €97,000 and €290,000
Total assets
€79,029▲ 301%
2023 · €19,705
Net result
€20,720▲ 111%
2023 · €9,812
Working capital
-€25,221
2023 · €5,012
Trend over the years

2023 to 2024, 2 financial years

The operating result rises in 2024; 2024 is 110% above 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€26,152 2024 Net result€20,720 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 42, Civil engineering: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result€12,431-€26,152▲ 110%
Net result€9,812within the sector's middle half-€20,720within the sector's middle half▲ 111%
Equity€10,812below the sector's middle half-€31,532within the sector's middle half▲ 192%
Total assets€19,705below the sector's middle half-€79,029within the sector's middle half▲ 301%
Debt€8,893-€47,497▲ 434%
Working capital€5,012within the sector's middle half--€25,221below the sector's middle half
Solvency54.9%within the sector's middle half-39.9%within the sector's middle half▼ 15.0pp
Current ratio1.56within the sector's middle half-0.47below the sector's middle half▼ 1.09
Return on assets (ROA)49.8%above the sector's middle half-26.2%above the sector's middle half▼ 23.6pp
above within below the middle half of NACE 42, Civil engineering: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €79,029
Fixed assets €56,753 ▲ 879%
Current assets €22,276 ▲ 60.2%
Equity and liabilities €79,029
Equity €31,532 ▲ 192%
Debt €47,497 ▲ 434%
Debt's share of the balance-sheet total rises from 45.1% to 60.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€39,860
Cash flow
€34,428
Debt to equity
1.51▲
2023 · 0.82
ROE
65.7%▼
2023 · 90.8%
Interest coverage
over 100
Debt ≤ 1 year
€47,497▲
2023 · €8,893
Income taxes
€5,180▲
2023 · €2,453
Staff costs
€0▼
2023 · €2,985
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a higher bankruptcy probability: 18.8% 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 497,445 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 39,278 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 · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€19,705€79,029▲
Fixed assets21/28€5,800€56,753▲
Tangible fixed assets22/27€5,550€56,503▲
Plant, machinery and equipment23€5,550€38,353▲
Furniture and vehicles24-€18,150
Financial fixed assets28€250€250=
Current assets29/58€13,905€22,276▲
Amounts receivable within one year40/41€13,905€22,276▲
Trade receivables40€13,182€8,455▼
Other amounts receivable41€723€13,821▲
Current investments50/53€0-
Equity and liabilities
Total equity and liabilities10/49€19,705€79,029▲
Equity10/15€10,812€31,532▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€9,812€30,532▲
Amounts payable17/49€8,893€47,497▲
Amounts payable within one year42/48€8,893€47,497▲
Trade debts44€3,456€34,623▲
Suppliers440/4€3,456€34,623▲
Taxes, remuneration and social security45€5,437€12,874▲
Taxes450/3€2,579€12,286▲
Remuneration and social security454/9€2,858€588▼
Income statement Code20232024
Goods, raw materials, services and sundry goods60/61€3,475-
Remuneration, social security and pensions62€2,985€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€13,708
Other operating charges640/8-€150
Gross operating margin9900€15,416€40,010▲
Operating profit (loss)9901€12,431€26,152▲
Financial charges65/66B€166€252▲
Recurring financial charges65€166€252▲
Profit (loss) for the period before taxes9903€12,265€25,900▲
Income taxes67/77€2,453€5,180▲
Profit (loss) for the period9904€9,812€20,720▲
Profit (loss) for the period to be appropriated9905€9,812€20,720▲
Appropriation of the result
Profit (loss) to be appropriated9906€9,812€30,532▲
Profit (loss) brought forward from the previous period14P-€9,812

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Goods, raw materials, services and sundry goods60/61€3,475--
Remuneration, social security and pensions62€2,985€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€13,708-
Other operating charges640/8-€150-
Gross operating margin9900€15,416€40,010▲ 160%
Operating profit (loss)9901€12,431€26,152▲ 110%
Financial charges65/66B€166€252▲ 51.8%
Recurring financial charges65€166€252▲ 51.8%
Profit (loss) for the period before taxes9903€12,265€25,900▲ 111%
Income taxes67/77€2,453€5,180▲ 111%
Profit (loss) for the period9904€9,812€20,720▲ 111%
Profit (loss) for the period to be appropriated9905€9,812€20,720▲ 111%
Line20232024Change
Assets
Total assets20/58€19,705€79,029▲ 301%
Fixed assets21/28€5,800€56,753▲ 879%
Tangible fixed assets22/27€5,550€56,503▲ 918%
Plant, machinery and equipment23€5,550€38,353▲ 591%
Furniture and vehicles24-€18,150-
Financial fixed assets28€250€250=
Current assets29/58€13,905€22,276▲ 60.2%
Amounts receivable within one year40/41€13,905€22,276▲ 60.2%
Trade receivables40€13,182€8,455▼ 35.9%
Other amounts receivable41€723€13,821▲ 19×
Current investments50/53€0--
Equity and liabilities
Total equity and liabilities10/49€19,705€79,029▲ 301%
Equity10/15€10,812€31,532▲ 192%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€9,812€30,532▲ 211%
Amounts payable17/49€8,893€47,497▲ 434%
Amounts payable within one year42/48€8,893€47,497▲ 434%
Trade debts44€3,456€34,623▲ 902%
Suppliers440/4€3,456€34,623▲ 902%
Taxes, remuneration and social security45€5,437€12,874▲ 137%
Taxes450/3€2,579€12,286▲ 376%
Remuneration and social security454/9€2,858€588▼ 79.4%
Line20232024Change
Profit (loss) for the period9904€9,812€20,720▲ 111%
+ Depreciation and write-downs630-€13,708-
Operating cash flow (approximation)€9,812€34,428▲ 251%
Investment in fixed assets (approximation)--€64,661-

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 (2)
Financial year Type Filed Reference
31-12-2024 micro format 13-03-2025 2025-00047284
31-12-2023 micro format 01-03-2025 2025-00044671

Similar companies · same sector, comparable size

Of the 1,792 active companies whose main activity is construction of utility projects for electricity and telecommunications (NACE 42220), figures are known for 977. 676 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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