Vantieghem - Van Burm
ActiveVantieghem - Van Burm has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €204k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 14% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+1
Solvency27▼-22
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.34 against 0.57 in 2024; short-term debt: 62.2% and cash: 10.5% of total assets), and 97.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
2.3%
Return on assets
11.7%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 10345 sector peers (2025).
NBB · sector comparisonPosition among 10345 sector peers
Solvency
better than 14%
← weakest
strongest →
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
16 d early
2023
14 d early
2022
12 d early
2021
31 d late
2020
72 d late
2019
40 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€40k▼ 90.5%
2024 · €419k
2018: €108k
2019: €134k
2020: €175k
2021: €335k
2022: €479k
2023: €241k
2024: €419k
2018 → 2025
Total assets
€1.75M▲ 2.0%
2024 · €1.72M
2018: €243k
2019: €1.47M
2020: €1.44M
2021: €1.58M
2022: €1.61M
2023: €1.68M
2024: €1.72M
2018 → 2025
Net result
€204k▲ 13.3%
2024 · €180k
2018: €23k
2019: €26k
2020: €41k
2021: €161k
2022: €146k
2023: €162k
2024: €180k
2018 → 2025
Working capital
€-714k▼ 184%
2024 · €-252k
2018: €108k
2019: €-97k
2020: €-167k
2021: €-90k
2022: €-29k
2023: €-352k
2024: €-252k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€335k-€479k▲ 43.1%€241k▼ 49.7%€419k▲ 74.1%€40k▼ 90.5%
Operating result€231k-€208k▼ 9.8%€227k▲ 9.3%€253k▲ 11.1%€281k▲ 11.3%
Net result€161k-€146k▼ 9.6%€162k▲ 10.9%€180k▲ 11.3%€204k▲ 13.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 11% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.75M
Fixed assets
€1.38M▼ 0.1%
Current assets
€374k▲ 10.4%
Equity and liabilities €1.75M
Equity
€40k▼ 90.5%
Debt
€1.71M▲ 31.9%
The debt ratio rises from 75.6% to 97.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€282k▲
2024 · €254k
Cash flow
€205k▲
2024 · €182k
Solvency
2.3%▼
2024 · 24.4%
Current ratio
0.34▼
2024 · 0.57
Quick ratio
0.34▼
2024 · 0.57
Debt / equity
43.06▲
2024 · 3.09
ROE
514.0%▲
2024 · 43.0%
ROA
11.7%▲
2024 · 10.5%
Interest coverage
12.59▲
2024 · 10.40
Debt
€1.71M▲
2024 · €1.30M
Debt ≤ 1 year
€1.09M▲
2024 · €590k
Debt > 1 year
€611k▼
2024 · €694k
Income taxes
€64k▲
2024 · €55k
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€1.72M€1.75M▲
Fixed assets21/28€1.38M€1.38M▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€1.37M€1.37M=
Current assets29/58€338k€374k▲
Amounts receivable within one year40/41€258k€186k▼
Trade receivables40€4k€0▼
Other amounts receivable41€254k€186k▼
Cash at bank and in hand54/58€78k€184k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.72M€1.75M▲
Equity10/15€419k€40k▼
Contributions10/11€30k€30k=
Reserves13€389k€10k▼
Tax-exempt reserves132€672€672=
Distributable reserves133€389k€9k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.30M€1.71M▲
Amounts payable after more than one year17€694k€611k▼
Financial debts170/4€694k€611k▼
Amounts payable within one year42/48€590k€1.09M▲
Current portion of amounts payable after more than one year42€83k€83k=
Trade debts44€5k€5k▲
Suppliers440/4€5k€5k▲
Taxes, remuneration and social security45€16k€10k▼
Taxes450/3€16k€10k▼
Other amounts payable47/48€486k€990k▲
Accrued charges and deferred income492/3€11k€11k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€184€0▼
Gross operating margin9900€256k€284k▲
Operating profit (loss)9901€253k€281k▲
Financial income75/76B€7k€9k▲
Recurring financial income75€7k€9k▲
Financial charges65/66B€24k€22k▼
Recurring financial charges65€24k€22k▼
Profit (loss) for the period before taxes9903€236k€268k▲
Income taxes67/77€55k€64k▲
Profit (loss) for the period9904€180k€204k▲
Profit (loss) for the period to be appropriated9905€180k€204k▲
Appropriation of the result
Profit (loss) to be appropriated9906€180k€204k▲
Transfer from equity791/2€0€389k▲
Transfer to equity691/2€178k€9k▼
To other reserves6921€178k€9k▼
Profit to be distributed694/7€2k€584k▲
Return on contributions (dividend)694€2k€584k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (16 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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €204k ▲13.3%
Operating result €281k, net result €204k, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Equity above €200kEq €335k ▲91.5%
4 profitable years in a row build equity to €335k.
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 72 days late
2020
31-12
Financial
Equity above €150kEq €175k ▲30.7%
3 profitable years in a row build equity to €175k.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 40 days late
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Avelgem · 1 establishment unit since 2014
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.
Kerkstraat 248580 AvelgemGround area
469 m²
Building footprint
202 m²
Volume, LiDAR
1,738 m³
Parcel 34003A0950/00H000, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Vantieghem - Van Burm
since 20142.235.264.733
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34003A0950/00H000 | Flanders | 469 m² | 1 · 202 m² | 13.7 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAvelgem2.235.264.733
Similar companies · same sector, comparable size
Pharmacie Manon
BE 0701.841.718
Walcourt · Eq €40k
CenT
BE 0772.889.961
Gent · Eq €40k
THEUNISSEN-DE NEVE
BE 0827.921.229
Aalst · Eq €40k
FAYSER
BE 1021.142.358
Pont-à-Celles · Eq €40k
PHARMACIE LARDINOIS
BE 0420.259.329
Thimister-Clermont · Eq €39k
Of 5,222 companies in sector 47730 we hold annual accounts for 3,861. 2,420 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-09-2014
Fiscal year end31-12
Activities, NACEBEL
47730Retail sale of pharmaceutical products
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.