Financials
- Financial year
- 2025
- Turnover
- €103,319
- Profit
- €9,794
- Solvency
- 7.9%
Turnover▲ 1,622%
Net result
20242025
VASAL
ActiveSummary
VASAL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €649,675 and a net result of €9,794. Equity is shrinking by about 31% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 10% of 3,005 sector peers (NACE 64, financial year 2025). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
Overview
Activity
Activities of holding companies
NACE 64210Activities of head offices NACE 70100
2nd largest company by total assets in Beersel, Finance and insurance sector1 site
Size
€103,319turnover 2025
- Staff
- 0.7 FTE
- Equity
- €649,675
- Profit
- €9,794
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
- Parent
- UP-DATE · 72.6%
- Holdings
- 3
- Eric VASTIAUDirector
- UP-DATEDirector · permanent representative Eric VASTIAU
Accounts filed 31 days late2 of 13 deeds read
Signalsraises riskAdministrative warnings in the KBO publicationsneutralFiled after the deadlineShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Two signals.
raises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
403 days late
2023
768 days late
2022
1134 days late
2021
3 days early
2020
18 days early
2019
36 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 326 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingStrikeout withdrawn
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 September (4 of the last 5 filed years within 406 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
- Strikeout withdrawnevent 07-09-2026
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
Key points
By topic
Board & ownership
- Board
- 2 members
- Parent
- UP-DATE · 72.6%
- Eric VASTIAUDirector
- UP-DATEDirector
Network & group
- Subsidiaries
- 2
- Holdings
- 3
3 holdings
Timeline
- Events
- 32
- Since
- 2001
- Next accounts
- by 31-07-2027
- 07-09-2026Annual accounts filed
- 31-08-2026Annual accounts filed
- 28-08-2026Late accounts filing
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Activities of holding companiesNACE 64210
- Founded
- 19-05-1999
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 18
- Annual meeting
- Fourth Thursday of June at 17:00
- Purpose
- “Het beheer en de uitbreiding van haar eigen patrimonium, gevormd door de inbrengsten; Het…” (deed in Dutch)
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed Is the workforce growing, and do people stay?Employer check
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