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VASTGOED3

Active
Private limited companyfounded 201511 yrs activeHet Dorlik 16, 3500 Hasselt, BelgiumKBO/BCE: BE 0598.902.150

VASTGOED3 has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €226k and a net result of €265k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 9099 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
63 / 100
Healthy▲ +20 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+69
Solvency26▲+12
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.03 in 2024), but 96.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
3.4%
Return on assets
4%
Age of the figures
8 mo
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 11 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 9099 sector peers (2025).
NBB · sector comparison
Position among 9099 sector peers
Solvency
better than 21%
← 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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
23 d early
2023
27 d early
2022
11 d early
2021
13 d early
2020
11 d early
2019
10 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 months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 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 2025, abbreviated schema

Turnover
€6k
EBIT margin
-166.8%
Net result
€265k▲ 1,802%
2024 · €14k
2018: €244k 2019: €-17k 2020: €-48k 2021: €-22k 2022: €-20k 2023: €297k 2024: €14k
2018 → 2025
Working capital
€2.33M▲ 889%
2024 · €236k
2018: €22k 2019: €5k 2020: €-43k 2021: €114k 2022: €100k 2023: €1.09M 2024: €236k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€6k
Equity€-66k-€-85k▼ 29.8%€212k€226k▲ 6.6%€226k=
Operating result€-13k-€-9k▲ 27.7%€516k€-10k€327k
Net result€-22k-€-20k▲ 11.7%€297k€14k▼ 95.3%€265k▲ 1,802%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400k€600kOperating result 2021: €-13k€-13kNet result 2021: €-22k€-22kOperating result 2022: €-9k€-9kNet result 2022: €-20k€-20kOperating result 2023: €516k€516kNet result 2023: €297k€297kOperating result 2024: €-10k€-10kNet result 2024: €14k€14kOperating result 2025: €327k€327kNet result 2025: €265k€265k20212022202320242025
The operating result returns to profit in 2025: €327k after a loss of €10k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €6.63M
Equity €226k=
Debt €6.40M▼ 13.0%
The debt ratio falls from 97.0% to 96.6%: debt is paid down.
Key figures and ratios
2025 value · change against 2024
Solvency
3.4%
2024 · 3.0%
Current ratio
1.54
2024 · 1.03
Quick ratio
0.58
2024 · 0.23
Debt / equity
28.31
2024 · 32.54
ROE
117.0%
2024 · 6.2%
ROA
4.0%
2024 · 0.2%
Debt
€6.40M
2024 · €7.36M
Debt ≤ 1 year
€4.30M
2024 · €7.35M
Debt > 1 year
€2.10M
Income taxes
€88k
2024 · €5k
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€7.58M€6.63M
Current assets29/58€7.58M€6.63M
Amounts receivable after more than one year29-€1.67M
Other amounts receivable291-€1.67M
Stocks and contracts in progress3€5.91M€4.16M
Stocks30/36€5.91M-
Contracts in progress37-€4.16M
Amounts receivable within one year40/41€1.67M€804k
Trade receivables40€100k€804k
Other amounts receivable41€1.57M-
Cash at bank and in hand54/58-€157
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€7.58M€6.63M
Equity10/15€226k€226k=
Contributions10/11€6k€6k=
Profit (loss) carried forward14€220k€220k=
Amounts payable17/49€7.36M€6.40M
Amounts payable after more than one year17-€2.10M
Other amounts payable178/9-€2.10M
Amounts payable within one year42/48€7.35M€4.30M
Financial debts43€3.16M€1.28M
Credit institutions430/8€3.15M€1.28M
Other loans439€10k-
Trade debts44€486k€358k
Suppliers440/4€486k€358k
Advances received on contracts in progress46€1.22M€1.98M
Taxes, remuneration and social security45€113k€412k
Taxes450/3€113k€412k
Other amounts payable47/48€2.36M€265k
Accrued charges and deferred income492/3€10k€9k
Income statement Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€8k-
Other operating charges640/8€449€1k
Gross operating margin9900€-1k€328k
Operating profit (loss)9901€-10k€327k
Financial income75/76B€50k€46k
Recurring financial income75€50k€46k
Financial charges65/66B€21k€20k
Recurring financial charges65€21k€20k
Profit (loss) for the period before taxes9903€19k€353k
Income taxes67/77€5k€88k
Profit (loss) for the period9904€14k€265k
Profit (loss) for the period to be appropriated9905€14k€265k
Appropriation of the result
Profit (loss) to be appropriated9906€220k€485k
Profit (loss) brought forward from the previous period14P€206k€220k
Profit to be distributed694/7-€265k
Return on contributions (dividend)694-€265k

The notes to these accounts (9 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €297k
Net result €297k after 4 loss-making years.
31-12
Financial Equity above €200kEq €212k
Equity rises from €-85k to €212k.
20-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
18-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Liquidity doublescurrent ratio 2.00
Current ratio from 0.86 to 2.00; short-term debt falls from €314k to €114k.
20-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €-48k
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
21-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
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
2 acts for this company are 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, Hasselt · 1 establishment unit since 2015
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.

Het Dorlik 163500 Hasselt
Ground area
2,407 m²
Building footprint
1,027 m²
Parcel 71328D0534/00Z000, Flanders. Linked by address, not a title deed.
1 establishment unit
VASTGOED3
Het Dorlik 16, 3500 HasseltReal estate development
since 20152.241.026.434
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71328D0534/00Z000 Flanders 2,407 m² 1 · 1,027 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

Of 9,633 companies in sector 68121 we hold annual accounts for 7,327. 5,248 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-02-2015
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 11 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.