Vapra
ActiveVapra has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120k and a net result of €12k. Equity is growing by ~32.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
93
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▼-49
Solvency100▲+13
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.24 against 1.5 in 2024), and 27.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 →
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
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
72.8%
Return on assets
7.5%
Age of the figures
11 mo
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 20-02-2026, 69 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
69 d early
2024
44 d early
2023
43 d early
2022
37 d early
2021
30 d early
2020
2 d early
2019
on the day
← 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
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€120k▲ 10.6%
2024 · €109k
2018: €23k
2019: €22k
2020: €26k
2021: €26k
2022: €37k
2023: €65k
2024: €109k
2018 → 2025
Total assets
€165k▼ 7.7%
2024 · €179k
2018: €81k
2019: €80k
2020: €89k
2021: €79k
2022: €139k
2023: €157k
2024: €179k
2018 → 2025
Net result
€12k▼ 80.3%
2024 · €63k
2018: €2k
2019: €-990
2020: €5k
2021: €-841
2022: €12k
2023: €29k
2024: €63k
2018 → 2025
Working capital
€48k▲ 46.8%
2024 · €32k
2018: €-31k
2019: €-31k
2020: €-26k
2021: €-12k
2022: €-6k
2023: €-14k
2024: €32k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€37k▲ 45.5%€65k▲ 76.2%€109k▲ 66.5%€120k▲ 10.6%
Operating result€-356-€12k€40k▲ 240%€95k▲ 136%€22k▼ 76.7%
Net result€-841-€12k€29k▲ 151%€63k▲ 116%€12k▼ 80.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 77% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €165k
Fixed assets
€80k▼ 2.5%
Current assets
€86k▼ 12.1%
Equity and liabilities €165k
Equity
€120k▲ 10.6%
Debt
€45k▼ 36.1%
The debt ratio falls from 39.3% to 27.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€24k▼
2024 · €97k
Cash flow
€14k▼
2024 · €65k
Solvency
72.8%▲
2024 · 60.7%
Current ratio
2.24▲
2024 · 1.50
Quick ratio
2.24▲
2024 · 1.50
Debt / equity
0.37▼
2024 · 0.65
ROE
10.3%▼
2024 · 57.8%
ROA
7.5%▼
2024 · 35.1%
Interest coverage
8.86▼
2024 · 63.96
Debt
€45k▼
2024 · €70k
Debt ≤ 1 year
€38k▼
2024 · €65k
Income taxes
€7k▼
2024 · €31k
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€179k€165k▼
Fixed assets21/28€82k€80k▼
Tangible fixed assets22/27€82k€79k▼
Land and buildings22€80k€79k▼
Furniture and vehicles24€2k€0▼
Financial fixed assets28€10€10=
Current assets29/58€98k€86k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€11k€22k▲
Trade receivables40€4k€4k▼
Other amounts receivable41€7k€18k▲
Cash at bank and in hand54/58€84k€60k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€179k€165k▼
Equity10/15€109k€120k▲
Contributions10/11€0-
Revaluation surpluses12€27k€27k=
Reserves13€82k€93k▲
Distributable reserves133€82k€93k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€70k€45k▼
Amounts payable within one year42/48€65k€38k▼
Trade debts44€24k€4k▼
Suppliers440/4€24k€4k▼
Taxes, remuneration and social security45€862€383▼
Taxes450/3€862€383▼
Other amounts payable47/48€40k€34k▼
Accrued charges and deferred income492/3€5k€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€5k€7k▲
Gross operating margin9900€102k€31k▼
Operating profit (loss)9901€95k€22k▼
Financial income75/76B€5€1▼
Recurring financial income75€5€1▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€94k€19k▼
Income taxes67/77€31k€7k▼
Profit (loss) for the period9904€63k€12k▼
Profit (loss) for the period to be appropriated9905€63k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€12k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€8€0▼
Transfer to equity691/2€62k€12k▼
To other reserves6921€62k€12k▼
Profit to be distributed694/7€867€833▼
Return on contributions (dividend)694€867€833▼
The notes to these accounts (7 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
20-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €63k ▲116%
Operating result €95k, net result €63k, both a record.
30-09
Financial
Equity above €100kEq €109k ▲66.5%
3 profitable years in a row build equity to €109k.
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-990 ▼150%
Net result drops to €-990, the lowest in the series; recovery starts the following year.
27-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 15 days late
2017
14-03
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 director, no change since 2023
Louis Van Praet
CurrentDirector · since 20-11-2023
20-11-2023
Appointed as Director
Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 1996
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.
Steenkaaistraat (BAA) 49200 DendermondeGround area
1,711 m²
Building footprint
622 m²
Volume, LiDAR
2,792 m³
Parcel 42002C0466/00S003, Flanders · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Steenkaaistraat (BAA) 4, 9200 Dendermonde
since 19962.075.114.367
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42002C0466/00S003 | Flanders | 1,711 m² | 1 · 622 m² | 6.5 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 440 EUR awarded · 440 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 383 EUR | 383 EUR |
| 2024 | 1 | 57 EUR | 57 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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CATTEEUW TIMMER- EN SCHRIJNWERKEN
BE 0764.319.022
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WACKENS DIRK
BE 0465.017.802
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SERVRANCKX J.G.J.
BE 0470.082.685
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Of 19,948 companies in sector 43320 we hold annual accounts for 9,082. 7,665 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-1995
Fiscal year end30-09
Activities, NACEBEL
43320Joinery installation
45421
43332Laying of wooden floor and wall coverings
43990Other specialised construction activities
43999Specialised construction activities
45450
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.