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VASTGOED ACTIEF

Active
Private limited companyfounded 200620 yrs activeMarktstraat 20, 8460 Oudenburg, BelgiumKBO/BCE: BE 0881.075.843

VASTGOED ACTIEF has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.35M and a net result of €48k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 60% of 4807 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
68 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▲+18
Solvency68▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.3 in 2023; short-term debt: 45.9% and cash: 2% of total assets), and 56.6% 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.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
43.4%
Return on assets
0.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
15 d early
2023
23 d late
2022
51 d early
2021
68 d early
2020
72 d early
2019
74 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover
€359k
EBIT margin
41.5%
Net result
€48k▼ 63.9%
2023 · €133k
2018: €-3k 2019: €218k 2020: €6k 2021: €102k 2022: €24k 2023: €133k
2018 → 2024
Working capital
€492k▼ 38.6%
2023 · €802k
2018: €855k 2019: €1.19M 2020: €939k 2021: €846k 2022: €580k 2023: €802k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€359k
Equity€2.05M-€2.15M▲ 5.0%€2.17M▲ 1.1%€2.31M▲ 6.1%€2.35M▲ 2.1%
Operating result€60k-€166k▲ 176%€74k▼ 55.6%€278k▲ 278%€149k▼ 46.4%
Net result€6k-€102k▲ 1,598%€24k▼ 76.7%€133k▲ 459%€48k▼ 63.9%
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2020: €60k€60kNet result 2020: €6k€6kOperating result 2021: €166k€166kNet result 2021: €102k€102kOperating result 2022: €74k€74kNet result 2022: €24k€24kOperating result 2023: €278k€278kNet result 2023: €133k€133kOperating result 2024: €149k€149kNet result 2024: €48k€48k20202021202220232024
The operating result falls in 2024; 2024 is 46% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.43M
Fixed assets €2.45M▲ 16.2%
Current assets €2.98M▼ 13.4%
Equity and liabilities €5.43M
Equity €2.35M▲ 2.1%
Debt €3.08M▼ 5.2%
The debt ratio falls from 58.4% to 56.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€234k
2023 · €372k
Cash flow
€133k
2023 · €226k
Solvency
43.4%
2023 · 41.6%
Current ratio
1.20
2023 · 1.30
Quick ratio
0.18
2023 · 0.31
Debt / equity
1.31
2023 · 1.41
ROE
2.0%
2023 · 5.7%
ROA
0.9%
2023 · 2.4%
Interest coverage
3.92
2023 · 3.44
Debt
€3.08M
2023 · €3.24M
Debt ≤ 1 year
€2.49M
2023 · €2.64M
Debt > 1 year
€584k
2023 · €600k
Income taxes
€16k
2023 · €44k
Staff costs
€229k
2023 · €214k
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€5.55M€5.43M
Fixed assets21/28€2.11M€2.45M
Tangible fixed assets22/27€2.07M€2.42M
Land and buildings22€2.05M€2.41M
Furniture and vehicles24€20k€8k
Financial fixed assets28€31k€31k=
Other financial fixed assets284/8-€31k
Amounts receivable and cash guarantees285/8-€31k
Current assets29/58€3.44M€2.98M
Stocks and contracts in progress3€2.62M€2.54M
Stocks30/36€2.62M€2.54M
Property held for sale35-€2.54M
Amounts receivable within one year40/41€285k€255k
Trade receivables40€18k€11k
Other amounts receivable41€267k€244k
Current investments50/53€0€0
Other investments51/53-€0
Cash at bank and in hand54/58€529k€108k
Deferred charges and accrued income490/1€7k€81k
Equity and liabilities
Total equity and liabilities10/49€5.55M€5.43M
Equity10/15€2.31M€2.35M
Contributions10/11€20k€20k=
Reserves13€2.29M€2.33M
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€2.28M€2.33M
Profit (loss) carried forward14€998€0
Amounts payable17/49€3.24M€3.08M
Amounts payable after more than one year17€600k€584k
Financial debts170/4€600k€584k
Credit institutions173-€584k
Amounts payable within one year42/48€2.64M€2.49M
Current portion of amounts payable after more than one year42€179k€162k
Financial debts43€1.51M€914k
Credit institutions430/8€1.51M€914k
Trade debts44€0-
Suppliers440/4€0-
Taxes, remuneration and social security45€21k€23k
Remuneration and social security454/9€21k€23k
Other amounts payable47/48€933k€1.39M
Accrued charges and deferred income492/3€0€589
Income statement Code20232024
Operating income70/76A-€586k
Turnover70-€359k
Other operating income74-€225k
Non-recurring operating income76A€36k€2k
Operating charges60/66A-€437k
Goods for resale, raw materials and consumables60-€29k
Purchases600/8-€29k
Services and other goods61-€71k
Remuneration, social security and pensions62€214k€229k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94k€85k
Other operating charges640/8€10k€23k
Non-recurring operating charges66A€0-
Gross operating margin9900€596k-
Operating profit (loss)9901€278k€149k
Financial income75/76B€7k€6k
Recurring financial income75€7k€6k
Income from current assets751-€6k
Financial charges65/66B€108k€91k
Recurring financial charges65€108k€91k
Debt charges650-€60k
Other financial charges652/9-€32k
Profit (loss) for the period before taxes9903€177k€64k
Income taxes67/77€44k€16k
Taxes670/3-€17k
Tax adjustments and reversals of tax provisions77-€982
Profit (loss) for the period9904€133k€48k
Profit (loss) for the period to be appropriated9905€133k€48k
Appropriation of the result
Profit (loss) to be appropriated9906€133k€49k
Profit (loss) brought forward from the previous period14P€494€998
Transfer to equity691/2€132k€49k
To other reserves6921€132k€49k
Social balance
Average headcount (FTE)90870.03.1

The notes to these accounts (38 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
16-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
23-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
10-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-05
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
18-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €218k
Net result €218k after one loss-making year.
31-12
Financial Equity above €2MEq €2.04M ▲11.9%
Equity rises from €1.83M to €2.04M.
05-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-06
NBB filing Annual accounts filed
fiscal year 2015 · 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, Oudenburg · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Marktstraat 208460 Oudenburg
Ground area
328 m²
Building footprint
296 m²
Volume, LiDAR
1,978 m³
Parcel 35014B0656/00A004, Flanders · tallest building 15.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VASTGOED ACTIEF
Marktstraat 20, 8460 OudenburgNACE 7011101
since 20062.154.712.171
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35014B0656/00A004 Flanders 328 m² 1 · 296 m² 14.9 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.

Similar companies · same sector, comparable size

Of 9,697 companies in sector 68121 we hold annual accounts for 7,378. 2,766 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-04-2006
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
70111
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:059/250590
Establishment Oudenburg 2.154.712.171