VASTCO
ActiveVASTCO 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 €123k and a net result of €4k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 20% of 5491 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 5491 sector peers (2025).
NBB · sector comparisonPosition among 5491 sector peers
Solvency
better than 20%
← 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 06-07-2026, 25 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
25 d early
2024
125 d early
2023
149 d early
2022
118 d early
2021
139 d early
2020
164 d early
2019
37 d early
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€123k▲ 3.6%
2024 · €118k
2018: €169k
2019: €142k
2020: €105k
2021: €103k
2022: €105k
2023: €112k
2024: €118k
2018 → 2025
Net result
€4k▼ 31.0%
2024 · €6k
2018: €-31k
2019: €-28k
2020: €-36k
2021: €-2k
2022: €2k
2023: €7k
2024: €6k
2018 → 2025
Total assets
€664k▼ 3.4%
2024 · €688k
2018: €198k
2019: €346k
2020: €768k
2021: €749k
2022: €724k
2023: €707k
2024: €688k
2018 → 2025
Solvency
18.5%▲ 1.2pp
2024 · 17.2%
2018: 85.5%
2019: 41.0%
2020: 13.7%
2021: 13.8%
2022: 14.5%
2023: 15.9%
2024: 17.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€103k-€105k▲ 2.1%€112k▲ 6.5%€118k▲ 5.4%€123k▲ 3.6%
Operating result€13k-€10k▼ 18.0%€15k▲ 42.1%€13k▼ 8.0%€11k▼ 17.3%
Net result€-2k-€2k€7k▲ 220%€6k▼ 11.4%€4k▼ 31.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €664k
Fixed assets
€658k▼ 3.7%
Current assets
€6k▲ 38.4%
Equity and liabilities €664k
Equity
€123k▲ 3.6%
Debt
€542k▼ 4.9%
The debt ratio falls from 82.8% to 81.5%: equity grows while debt is paid down.
Key figures and ratios
Solvency
18.5%▲
2024 · 17.2%
ROE
3.4%▼
2024 · 5.2%
ROA
0.6%▼
2024 · 0.9%
Debt
€542k▼
2024 · €570k
Debt ≤ 1 year
€176k▼
2024 · €178k
Debt > 1 year
€366k▼
2024 · €392k
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€688k€664k▼
Fixed assets21/28€684k€658k▼
Tangible fixed assets22/27€684k€658k▼
Land and buildings22€673k€651k▼
Plant, machinery and equipment23€10k€8k▼
Current assets29/58€4k€6k▲
Cash at bank and in hand54/58€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€688k€664k▼
Equity10/15€118k€123k▲
Contributions10/11€200k€200k=
Profit (loss) carried forward14€-82k€-77k▲
Amounts payable17/49€570k€542k▼
Amounts payable after more than one year17€392k€366k▼
Financial debts170/4€392k€366k▼
Amounts payable within one year42/48€178k€176k▼
Current portion of amounts payable after more than one year42€25k€26k▲
Trade debts44€329€0▼
Suppliers440/4€329€0▼
Other amounts payable47/48€152k€150k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€25k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€40k€39k▼
Operating profit (loss)9901€13k€11k▼
Financial charges65/66B€7k€7k▼
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€6k€4k▼
Profit (loss) for the period9904€6k€4k▼
Profit (loss) for the period to be appropriated9905€6k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-82k€-77k▲
Profit (loss) brought forward from the previous period14P€-88k€-82k▲
The notes to these accounts (17 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €7k ▲220%
Operating result €15k, net result €7k, both a record.
04-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 4 loss-making years.
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
17-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
25-05-2022
Resigned as Director
Location & real-estate footprint
Registered office, Deerlijk · 1 establishment unit since 2017
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.
Driesknoklaan 46A8540 DeerlijkGround area
778 m²
Building footprint
196 m²
Parcel 34009A0342/00E003, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
VASTCO
since 20172.271.602.418
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34009A0342/00E003 | Flanders | 778 m² | 1 · 196 m² | 0.1 m |
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 24,640 companies in sector 64210 we hold annual accounts for 19,693. 12,778 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2017
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.