VANWES
ActiveThe annual accounts of VANWES for fiscal year 2025 show a net loss of 50% of the equity at the start of that year. The 2025 annual accounts show equity of €27k and a net result of €-28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 27711 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency41▼-23
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.16 against 1.33 in 2024; short-term debt: 83.6% and cash: 48.5% of total assets), and 83.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
16.4%
Return on assets
-16.7%
Age of the figures
12 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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-28k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 27711 sector peers (2025).
NBB · sector comparisonPosition among 27711 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
22 d late
2022
27 d early
2021
9 d early
2020
50 d early
2019
41 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€27k▼ 50.4%
2024 · €55k
2018: €55k
2019: €76k
2020: €125k
2021: €144k
2022: €161k
2023: €120k
2024: €55k
2018 → 2025
Total assets
€167k▲ 17.6%
2024 · €142k
2018: €156k
2019: €123k
2020: €177k
2021: €261k
2022: €287k
2023: €245k
2024: €142k
2018 → 2025
Net result
€-28k▲ 57.3%
2024 · €-65k
2018: €17k
2019: €26k
2020: €49k
2021: €19k
2022: €18k
2023: €-41k
2024: €-65k
2018 → 2025
Working capital
€22k▼ 20.9%
2024 · €28k
2018: €19k
2019: €47k
2020: €42k
2021: €-11k
2022: €49k
2023: €55k
2024: €28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€144k-€161k▲ 12.1%€120k▼ 25.3%€55k▼ 54.1%€27k▼ 50.4%
Operating result€23k-€29k▲ 24.7%€-41k€-65k▼ 60.3%€-28k▲ 57.0%
Net result€19k-€18k▼ 1.8%€-41k€-65k▼ 59.6%€-28k▲ 57.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €28k in 2025 against €65k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €167k
Fixed assets
€5k▼ 81.4%
Current assets
€162k▲ 40.8%
Equity and liabilities €167k
Equity
€27k▼ 50.4%
Debt
€140k▲ 60.9%
The debt ratio rises from 61.1% to 83.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▲
2024 · €-26k
Cash flow
€-4k▲
2024 · €-26k
Solvency
16.4%▼
2024 · 38.9%
Current ratio
1.16▼
2024 · 1.33
Quick ratio
0.74▼
2024 · 1.07
Debt / equity
5.10▲
2024 · 1.57
ROE
-101.7%▲
2024 · -118.1%
ROA
-16.7%▲
2024 · -45.9%
Interest coverage
-16.84▲
2024 · -203.24
Debt
€140k▲
2024 · €87k
Debt ≤ 1 year
€140k▲
2024 · €87k
Income taxes
€0▼
2024 · €102
Staff costs
€185
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€142k€167k▲
Fixed assets21/28€27k€5k▼
Tangible fixed assets22/27€27k€5k▼
Land and buildings22€312€297▼
Plant, machinery and equipment23€13k€2k▼
Furniture and vehicles24€13k€2k▼
Other tangible fixed assets26€79€0▼
Financial fixed assets28€405€270▼
Current assets29/58€115k€162k▲
Stocks and contracts in progress3€23k€59k▲
Stocks30/36€23k€59k▲
Amounts receivable within one year40/41€19k€22k▲
Trade receivables40€18k€21k▲
Other amounts receivable41€766€788▲
Cash at bank and in hand54/58€73k€81k▲
Deferred charges and accrued income490/1€385€266▼
Equity and liabilities
Total equity and liabilities10/49€142k€167k▲
Equity10/15€55k€27k▼
Contributions10/11€19k€19k=
Reserves13€143k€143k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€141k€141k=
Profit (loss) carried forward14€-106k€-134k▼
Amounts payable17/49€87k€140k▲
Amounts payable within one year42/48€87k€140k▲
Trade debts44-€12k
Suppliers440/4-€12k
Taxes, remuneration and social security45€1k€1k=
Taxes450/3€1k€1k=
Other amounts payable47/48€86k€126k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€185
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€24k▼
Other operating charges640/8€344€945▲
Gross operating margin9900€-26k€-3k▲
Operating profit (loss)9901€-65k€-28k▲
Financial income75/76B€339€486▲
Recurring financial income75€339€486▲
Financial charges65/66B€128€250▲
Recurring financial charges65€128€250▲
Profit (loss) for the period before taxes9903€-65k€-28k▲
Income taxes67/77€102€0▼
Profit (loss) for the period9904€-65k€-28k▲
Profit (loss) for the period to be appropriated9905€-65k€-28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-106k€-134k▼
Profit (loss) brought forward from the previous period14P€-41k€-106k▼
The notes to these accounts (8 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
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-65k
Net result drops to €-65k, the lowest in the series; recovery starts the following year.
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €150kEq €161k ▲12.1%
5 profitable years in a row build equity to €161k.
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €49k ▲91.8%
Operating result €73k, net result €49k, both a record.
30-09
Financial
Equity above €100kEq €125k ▲64.9%
3 profitable years in a row build equity to €125k.
20-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Truiden · 1 establishment unit since 2013
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.
Kortenbosstraat 123800 Sint-TruidenGround area
544 m²
Building footprint
229 m²
Volume, LiDAR
967 m³
Parcel 71352B0510/00W000, Flanders · tallest building 9.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Vanwes
since 20132.225.208.209
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352B0510/00W000 | Flanders | 544 m² | 1 · 229 m² | 9.7 m · 1 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.
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 7,839 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-12-2013
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.