VATRACO
ActiveVATRACO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €624k and a net result of €104k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 7723 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+16
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 21.35 against 13.78 in 2024; short-term debt: 4.5% and cash: 76.2% of total assets), and 4.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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 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 2025Solvency, return and age of the figures
Solvency
95.5%
Return on assets
16%
Age of the figures
9 mo
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 30-04-2026, 92 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
92 d early
2024
15 d early
2023
5 d late
2022
90 d early
2021
76 d early
2020
65 d early
2019
36 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€624k▲ 20.1%
2024 · €519k
2018: €215k
2019: €288k
2020: €332k
2021: €405k
2022: €429k
2023: €499k
2024: €519k
2018 → 2025
Total assets
€654k▲ 17.1%
2024 · €558k
2018: €301k
2019: €331k
2020: €347k
2021: €413k
2022: €443k
2023: €520k
2024: €558k
2018 → 2025
Net result
€104k▲ 398%
2024 · €21k
2018: €64k
2019: €73k
2020: €45k
2021: €73k
2022: €24k
2023: €69k
2024: €21k
2018 → 2025
Working capital
€604k▲ 21.5%
2024 · €497k
2018: €190k
2019: €246k
2020: €304k
2021: €384k
2022: €378k
2023: €466k
2024: €497k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€405k-€429k▲ 5.9%€499k▲ 16.1%€519k▲ 4.2%€624k▲ 20.1%
Operating result€110k-€38k▼ 65.9%€104k▲ 177%€33k▼ 68.3%€153k▲ 366%
Net result€73k-€24k▼ 67.2%€69k▲ 189%€21k▼ 69.7%€104k▲ 398%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 366% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €654k
Fixed assets
€20k▼ 9.8%
Current assets
€633k▲ 18.2%
Equity and liabilities €654k
Equity
€624k▲ 20.1%
Debt
€30k▼ 23.7%
The debt ratio falls from 7.0% to 4.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€166k▲
2024 · €46k
Cash flow
€117k▲
2024 · €34k
Solvency
95.5%▲
2024 · 93.0%
Current ratio
21.35▲
2024 · 13.78
Quick ratio
21.35▲
2024 · 13.78
Debt / equity
0.05▼
2024 · 0.07
ROE
16.7%▲
2024 · 4.0%
ROA
16.0%▲
2024 · 3.8%
Interest coverage
2300.39▲
2024 · 750.67
Debt
€30k▼
2024 · €39k
Debt ≤ 1 year
€30k▼
2024 · €39k
Income taxes
€50k▲
2024 · €12k
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€558k€654k▲
Fixed assets21/28€23k€20k▼
Tangible fixed assets22/27€23k€20k▼
Plant, machinery and equipment23€3k€3k▲
Furniture and vehicles24€19k€17k▼
Current assets29/58€536k€633k▲
Amounts receivable within one year40/41€52k€134k▲
Trade receivables40€45k€133k▲
Other amounts receivable41€7k€430▼
Cash at bank and in hand54/58€483k€498k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€558k€654k▲
Equity10/15€519k€624k▲
Contributions10/11€6k€6k=
Reserves13€513k€618k▲
Distributable reserves133€513k€618k▲
Amounts payable17/49€39k€30k▼
Amounts payable within one year42/48€39k€30k▼
Trade debts44€14k€7k▼
Suppliers440/4€14k€7k▼
Taxes, remuneration and social security45€16k€13k▼
Taxes450/3€16k€13k▼
Other amounts payable47/48€9k€10k▲
Income statement
Code20242025
Non-recurring operating income76A-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€47k€167k▲
Operating profit (loss)9901€33k€153k▲
Financial income75/76B-€606
Recurring financial income75-€606
Financial charges65/66B€61€72▲
Recurring financial charges65€61€72▲
Profit (loss) for the period before taxes9903€33k€154k▲
Income taxes67/77€12k€50k▲
Profit (loss) for the period9904€21k€104k▲
Profit (loss) for the period to be appropriated9905€21k€104k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€104k▲
Transfer to equity691/2€21k€104k▲
To other reserves6921€21k€104k▲
The notes to these accounts (7 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €104k ▲398%
Operating result €153k, net result €104k, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €21k ▼69.7%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €519k ▲4.2%
7 profitable years in a row build equity to €519k.
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 50.00
Current ratio from 22.53 to 50.00; short-term debt falls from €14k to €8k.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 22.53
Current ratio from 6.71 to 22.53; short-term debt falls from €43k to €14k.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 6.71
Current ratio from 3.19 to 6.71; short-term debt falls from €87k to €43k.
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-05
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
3 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, Heusden-Zolder · 1 establishment unit since 2001
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.
Viverselweg 283550 Heusden-ZolderGround area
2,068 m²
Building footprint
374 m²
Volume, LiDAR
1,722 m³
2 parcels, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ambachtstraat 25, 3110 Rotselaar
since 20012.100.249.740
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065F0588/00Z000 | Flanders | 1,106 m² | 1 · 181 m² | 9.1 m · 2 fl. |
| 24094D0606/00E000 | Flanders | 962 m² | 1 · 194 m² | 4.9 m · 1 fl. |
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.
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Of 24,501 companies in sector 82990 we hold annual accounts for 9,402. 5,468 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-04-2001
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.