VANZURPELE TEAM
ActiveThe computed 12-month bankruptcy probability of VANZURPELE TEAM is 2.6% (moderate). The 2024 annual accounts show equity of €159k and a net result of €25k. Equity is growing by ~34.4% per year across the filed fiscal years. Its solvency ranks better than 38% of 3549 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-2
Solvency57▲+9
Growth78=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.33 in 2023; short-term debt: 30.6% and cash: 14.9% of total assets), but 68.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
20 d late
2023
22 d late
2022
28 d late
2021
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€25k▼ 31.8%
2023 · €36k
2021: €14k
2022: €69k
2023: €36k
2021 → 2024
Working capital
€93k▲ 0.6%
2023 · €92k
2021: €16k
2022: €62k
2023: €92k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€29k-€98k▲ 240%€134k▲ 37.2%€159k▲ 18.5%
Operating result€17k-€86k▲ 402%€57k▼ 33.9%€43k▼ 24.5%
Net result€14k-€69k▲ 403%€36k▼ 47.3%€25k▼ 31.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 25% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €500k
Fixed assets
€254k▲ 27.9%
Current assets
€246k▼ 34.3%
Equity and liabilities €500k
Equity
€159k▲ 18.5%
Debt
€341k▼ 22.3%
The debt ratio falls from 76.6% to 68.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€88k▼
2023 · €98k
Cash flow
€70k▼
2023 · €78k
Solvency
31.8%▲
2023 · 23.4%
Current ratio
1.61▲
2023 · 1.33
Quick ratio
1.20▲
2023 · 1.06
Debt / equity
2.15▼
2023 · 3.27
ROE
15.6%▼
2023 · 27.1%
ROA
5.0%▼
2023 · 6.3%
Interest coverage
8.73▼
2023 · 14.45
Debt
€341k▼
2023 · €439k
Debt ≤ 1 year
€153k▼
2023 · €282k
Debt > 1 year
€185k▲
2023 · €154k
Income taxes
€9k▼
2023 · €14k
Staff costs
€307k▲
2023 · €298k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€573k€500k▼
Fixed assets21/28€199k€254k▲
Tangible fixed assets22/27€199k€254k▲
Plant, machinery and equipment23€14k€8k▼
Furniture and vehicles24€64k€50k▼
Leasing and similar rights25€86k€156k▲
Other tangible fixed assets26€34k€39k▲
Financial fixed assets28-€200
Current assets29/58€375k€246k▼
Stocks and contracts in progress3€75k€62k▼
Stocks30/36€75k€62k▼
Amounts receivable within one year40/41€175k€100k▼
Trade receivables40€125k€70k▼
Other amounts receivable41€50k€31k▼
Cash at bank and in hand54/58€112k€74k▼
Deferred charges and accrued income490/1€13k€10k▼
Equity and liabilities
Total equity and liabilities10/49€573k€500k▼
Equity10/15€134k€159k▲
Contributions10/11€15k€15k=
Profit (loss) carried forward14€119k€144k▲
Amounts payable17/49€439k€341k▼
Amounts payable after more than one year17€154k€185k▲
Financial debts170/4€154k€185k▲
Amounts payable within one year42/48€282k€153k▼
Current portion of amounts payable after more than one year42€39k€52k▲
Trade debts44€216k€75k▼
Suppliers440/4€216k€75k▼
Taxes, remuneration and social security45€28k€24k▼
Taxes450/3€4k€7k▲
Remuneration and social security454/9€23k€17k▼
Other amounts payable47/48-€2k
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20232024
Remuneration, social security and pensions62€298k€307k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€45k▲
Other operating charges640/8€1k€2k▲
Operating charges capitalised as restructuring costs649-€0
Non-recurring operating charges66A-€8k
Gross operating margin9900€397k€405k▲
Operating profit (loss)9901€57k€43k▼
Financial income75/76B€479€951▲
Recurring financial income75€479€951▲
Financial charges65/66B€7k€10k▲
Recurring financial charges65€7k€10k▲
Profit (loss) for the period before taxes9903€50k€34k▼
Income taxes67/77€14k€9k▼
Profit (loss) for the period9904€36k€25k▼
Profit (loss) for the period to be appropriated9905€36k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€119k€144k▲
Profit (loss) brought forward from the previous period14P€83k€119k▲
Social balance
Average headcount (FTE)90876.46.4=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 20 days late
2024
31-12
Financial
Equity above €150kEq €159k ▲18.5%
4 profitable years in a row build equity to €159k.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 22 days late
2023
31-12
Financial
Equity above €100kEq €134k ▲37.2%
3 profitable years in a row build equity to €134k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Highest result since 2021net €69k ▲403%
Operating result €86k, net result €69k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro 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, Wavre · 1 establishment unit since 2021
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.
Avenue Vésale 301300 WavreGround area
3,396 m²
Building footprint
205 m²
Parcel 25112B0048/00L002, Wallonia. Linked by address, not a title deed.
1 establishment unit
VANZURPELE TEAM
since 20212.315.136.909
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112B0048/00L002 | Wallonia | 3,396 m² | 1 · 204 m² | - |
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.
Similar companies · same sector, comparable size
BO CHÂSSIS
BE 0661.691.042
Ukkel · Eq €159k
HARGO Schrijnwerkerij en Winkelinrichting
BE 0453.930.405
Turnhout · Eq €159k
FRANK VAN HAM
BE 0478.781.013
Antwerpen · Eq €159k
ROOOTS.BE
BE 1003.766.193
Gavere · Eq €159k
GC RAMEN & DEUREN
BE 0782.860.076
Rumst · Eq €159k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,137. 7,588 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-03-2021
Fiscal year end31-12
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
43320Joinery installation
31002Manufacture of furniture
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.