Vatana
ActiveVatana has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €17.09M and a net result of €470k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 94% of 123 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2026
66
/ 100
Healthy▼ -22 vs 2025
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability21▼-6
Solvency100=
Growth55▼-1
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.1M at 30 days acceptable
Liquidity ample (current ratio 8.96 against 12.35 in 2025), and 18.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2026Solvency, return and age of the figures
Solvency
81.7%
Return on assets
2.2%
Age of the figures
7 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 11-09-2026, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2026
11 d late
2025
29 d late
2024
30 d late
2023
28 d late
2022
30 d late
2021
30 d late
2020
89 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-01-2027 close31-08-2027 deadline
Financials · fiscal year 2026, full schema
Turnover
€10.40M▼ 8.8%
2025 · €11.41M
2019: €16.77M
2020: €15.20M
2021: €11.18M
2022: €12.22M
2023: €12.40M
2024: €11.90M
2025: €11.41M
2019 → 2026
EBIT margin
-5.5%▼ 6.9pp
2025 · 1.3%
2019: -3.1%
2020: -3.0%
2021: -0.3%
2022: 0.7%
2023: 1.1%
2024: 1.5%
2025: 1.3%
2019 → 2026
Net result
€470k▲ 28.8%
2025 · €365k
2019: €-662k
2020: €-94k
2021: €-100k
2022: €646k
2023: €-316k
2024: €438k
2025: €365k
2019 → 2026
Working capital
€15.88M▲ 0.2%
2025 · €15.84M
2019: €14.33M
2020: €14.54M
2021: €14.70M
2022: €15.59M
2023: €15.10M
2024: €15.63M
2025: €15.84M
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Turnover€12.22M-€12.40M▲ 1.4%€11.90M▼ 4.0%€11.41M▼ 4.2%€10.40M▼ 8.8%
Equity€16.23M-€15.92M▼ 1.9%€16.36M▲ 2.8%€16.72M▲ 2.2%€17.09M▲ 2.2%
Operating result€84k-€133k▲ 57.9%€173k▲ 30.0%€150k▼ 13.2%€-577k
Net result€646k-€-316k€438k€365k▼ 16.6%€470k▲ 28.8%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2026: a loss of €577k after €150k in 2025, the lowest year so far.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €20.92M
Fixed assets
€3.05M▲ 0.6%
Current assets
€17.87M▲ 3.7%
Equity and liabilities €20.92M
Equity
€17.09M▲ 2.2%
Debt
€3.83M▲ 8.1%
The debt ratio rises from 17.5% to 18.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€-60k▼
2025 · €637k
Cash flow
€987k▲
2025 · €852k
Solvency
81.7%▼
2025 · 82.5%
Current ratio
8.96▼
2025 · 12.35
Quick ratio
7.37▼
2025 · 10.22
Debt / equity
0.22▲
2025 · 0.21
ROE
2.8%▲
2025 · 2.2%
ROA
2.2%▲
2025 · 1.8%
Interest coverage
-1.04▼
2025 · 16.19
Debt
€3.83M▲
2025 · €3.54M
Debt ≤ 1 year
€1.99M▲
2025 · €1.40M
Debt > 1 year
€1.83M▼
2025 · €2.15M
Income taxes
€988▼
2025 · €109k
Staff costs
€1.32M▲
2025 · €1.16M
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€20.26M€20.92M▲
Fixed assets21/28€3.03M€3.05M▲
Intangible fixed assets21€193k€130k▼
Tangible fixed assets22/27€2.83M€2.91M▲
Plant, machinery and equipment23€145k€122k▼
Furniture and vehicles24€118k€85k▼
Leasing and similar rights25€2.32M€2.02M▼
Other tangible fixed assets26€241k€606k▲
Assets under construction and advance payments27-€80k
Financial fixed assets28€7k€7k=
Other financial fixed assets284/8€7k€7k=
Shares284€7k€7k=
Current assets29/58€17.23M€17.87M▲
Amounts receivable after more than one year29€4.16M€4.16M=
Other amounts receivable291€4.16M€4.16M=
Stocks and contracts in progress3€2.97M€3.17M▲
Stocks30/36€2.97M€3.17M▲
Goods purchased for resale34€2.97M€3.17M▲
Amounts receivable within one year40/41€138k€227k▲
Trade receivables40€30k€57k▲
Other amounts receivable41€108k€170k▲
Current investments50/53€8.69M€9.30M▲
Other investments51/53€8.69M€9.30M▲
Cash at bank and in hand54/58€1.14M€935k▼
Deferred charges and accrued income490/1€136k€84k▼
Equity and liabilities
Total equity and liabilities10/49€20.26M€20.92M▲
Equity10/15€16.72M€17.09M▲
Contributions10/11€11.94M€11.94M=
Capital10€11.94M€11.94M=
Issued capital100€11.94M€11.94M=
Reserves13€3.80M€3.82M▲
Non-distributable reserves130/1€800k€820k▲
Legal reserve130€800k€820k▲
Tax-exempt reserves132€4k€4k=
Distributable reserves133€3.00M€3.00M=
Profit (loss) carried forward14€976k€1.33M▲
Amounts payable17/49€3.54M€3.83M▲
Amounts payable after more than one year17€2.15M€1.83M▼
Financial debts170/4€2.15M€1.83M▼
Leasing and similar obligations172€2.15M€1.83M▼
Amounts payable within one year42/48€1.40M€1.99M▲
Current portion of amounts payable after more than one year42€308k€313k▲
Trade debts44€555k€1.06M▲
Suppliers440/4€555k€1.06M▲
Taxes, remuneration and social security45€222k€226k▲
Taxes450/3€48k€40k▼
Remuneration and social security454/9€175k€186k▲
Other amounts payable47/48€310k€394k▲
Income statement
Code20252026
Operating income70/76A€11.48M€10.44M▼
Turnover70€11.41M€10.40M▼
Other operating income74€51k€41k▼
Non-recurring operating income76A€22k-
Operating charges60/66A€11.33M€11.02M▼
Goods for resale, raw materials and consumables60€6.62M€6.02M▼
Purchases600/8€6.50M€6.21M▼
Change in stocks: decrease (increase)609€124k€-196k▼
Services and other goods61€2.94M€3.05M▲
Remuneration, social security and pensions62€1.16M€1.32M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€487k€517k▲
Other operating charges640/8€122k€125k▲
Non-recurring operating charges66A€1k€2k▲
Operating profit (loss)9901€150k€-577k▼
Financial income75/76B€410k€1.17M▲
Recurring financial income75€410k€1.17M▲
Income from current assets751€302k€1.07M▲
Other financial income752/9€108k€97k▼
Financial charges65/66B€86k€123k▲
Recurring financial charges65€86k€123k▲
Debt charges650€39k€58k▲
Other financial charges652/9€47k€65k▲
Profit (loss) for the period before taxes9903€474k€471k▼
Income taxes67/77€109k€988▼
Taxes670/3€109k€988▼
Profit (loss) for the period9904€365k€470k▲
Profit (loss) for the period to be appropriated9905€365k€470k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.01M€1.45M▲
Profit (loss) brought forward from the previous period14P€641k€976k▲
Transfer to equity691/2€30k€20k▼
To the legal reserve6920€30k€20k▼
Profit to be distributed694/7-€100k
Directors or managers695-€100k
Social balance
Average headcount (FTE)908722.122.7▲
The notes to these accounts (69 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 2027, expected by
2026
11-09
NBB filing
Annual accounts filed
fiscal year 2026 · full schema · 11 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 29 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 30 days late
31-01
Financial
Back to profitnet €438k
Net result €438k after one loss-making year.
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
31-01
Financial
Back to profitnet €646k
Net result €646k after 3 loss-making years.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2020
28-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 89 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 61 days late
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
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.
29-09-2022
Coenen Maria: Resigned as Director
29-09-2022
IMMO P & C: Resigned as Director
29-09-2022
Put Inge: Resigned as Director
29-09-2022
Put Sigrid: Resigned as Director
29-09-2022
Put Willy: Resigned as Managing director
04-12-2020
Put Liesbeth: Resigned as Director
07-12-2016
Coenen Maria: Resigned as Director
07-12-2016
Put Inge: Resigned as Director
07-12-2016
Put Sigrid: Resigned as Director
07-12-2016
Put Willy: Resigned as Managing director
07-12-2016
Put Liesbeth: Resigned as Director
07-12-2016
Immo P & C NV: Resigned as Director
Location & real-estate footprint
Registered office, Beringen · 2 establishment units since 1981
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.
Industrieweg 153583 BeringenGround area
2.7 ha
Building footprint
1.3 ha
Volume, LiDAR
50,028 m³
2 parcels, Flanders · tallest building 15.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Industrieweg 15, 3583 Beringen
since 19812.038.855.371
Vatana Overpelt
since 20172.263.898.044
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049B1108/00E000 | Flanders | 1.7 ha | 1 · 8,977 m² | 15.7 m · 2 fl. |
| 72029A1330/00A000 | Flanders | 1.0 ha | 1 · 4,207 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2022 to 2025 · 2 entries · 4,674 EUR awarded · 4,674 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,883 EUR | 2,883 EUR |
| 2022 | 1 | 1,791 EUR | 1,791 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBeringen2.038.855.371
Pelt2.263.898.044
Legal Entity Identifier
254900SIQ52CTJQNJF08
Similar companies · same sector, comparable size
PVH BRANDS BELGIUM
BE 0475.871.409
Antwerpen · Eq €17.41M
JBC
BE 0429.340.608
Houthalen-Helchteren · Eq €14.68M
BUISSONNIERE
BE 0439.812.351
Wavre · Eq €14.29M
BELLEROSE BELGIUM
BE 0442.058.395
Ukkel · Eq €14.01M
AMERICAN CLOTHING DISTRIBUTION
BE 0476.693.731
Evergem · Eq €13.04M
Of 6,459 companies in sector 47716 we hold annual accounts for 2,420. 128 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-09-1979
Fiscal year end31-01
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
52421
47639Retail sale of other sporting goods
47640Retail sale of games and toys
47650Retail trade
47714Retail trade
47721Retail sale of footwear
47722Retail trade
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.