VAVO Cleaning
ActiveVAVO Cleaning has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8k and a net result of €19k. Equity is growing by ~38.1% per year across the filed fiscal years. Its solvency ranks better than 26% of 4472 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+31
Solvency42▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.21 in 2024; short-term debt: 82.6% and cash: 12.4% of total assets), and 82.6% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← 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 2025Solvency, return and age of the figures
Solvency
17.4%
Return on assets
41.5%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 30-07-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
60 d late
2023
58 d late
2022
55 d early
2021
33 d early
2020
1 d early
2019
14 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k▲ 19.6%
2024 · €7k
2019: €-7k
2020: €-5k
2021: €-22k
2022: €7k
2023: €872
2024: €7k
2019 → 2025
Total assets
€47k▲ 35.7%
2024 · €34k
2019: €25k
2020: €22k
2021: €17k
2022: €25k
2023: €33k
2024: €34k
2019 → 2025
Net result
€19k▲ 229%
2024 · €6k
2019: €-13k
2020: €2k
2021: €-17k
2022: €29k
2023: €-6k
2024: €6k
2019 → 2025
Working capital
€8k▲ 36.8%
2024 · €6k
2019: €-12k
2020: €-10k
2021: €-30k
2022: €3k
2023: €-968
2024: €6k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-22k-€7k€872▼ 86.7%€7k▲ 674%€8k▲ 19.6%
Operating result€-16k-€32k€-4k€13k€22k▲ 64.6%
Net result€-17k-€29k€-6k€6k€19k▲ 229%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 65% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47k
Fixed assets
€305▼ 71.6%
Current assets
€46k▲ 39.1%
Equity and liabilities €47k
Equity
€8k▲ 19.6%
Debt
€38k▲ 39.6%
The debt ratio rises from 80.3% to 82.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23k▲
2024 · €14k
Cash flow
€20k▲
2024 · €7k
Solvency
17.4%▼
2024 · 19.7%
Current ratio
1.20▼
2024 · 1.21
Quick ratio
1.20▼
2024 · 1.21
Debt / equity
4.76▲
2024 · 4.08
ROE
239.3%▲
2024 · 87.1%
ROA
41.5%▲
2024 · 17.1%
Interest coverage
10.71▲
2024 · 3.41
Debt
€38k▲
2024 · €28k
Debt ≤ 1 year
€38k▲
2024 · €28k
Income taxes
€3k▼
2024 · €4k
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€34k€47k▲
Fixed assets21/28€1k€305▼
Tangible fixed assets22/27€1k€305▼
Furniture and vehicles24€1k€305▼
Current assets29/58€33k€46k▲
Amounts receivable within one year40/41€26k€40k▲
Trade receivables40€9k€4k▼
Other amounts receivable41€17k€36k▲
Cash at bank and in hand54/58€7k€6k▼
Deferred charges and accrued income490/1€334€83▼
Equity and liabilities
Total equity and liabilities10/49€34k€47k▲
Equity10/15€7k€8k▲
Contributions10/11€6k€6k=
Reserves13€552€2k▲
Distributable reserves133€552€2k▲
Amounts payable17/49€28k€38k▲
Amounts payable within one year42/48€28k€38k▲
Trade debts44€5k€10k▲
Suppliers440/4€5k€10k▲
Taxes, remuneration and social security45€22k€28k▲
Taxes450/3€22k€28k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€768€768=
Other operating charges640/8€3k€2k▼
Gross operating margin9900€17k€25k▲
Operating profit (loss)9901€13k€22k▲
Financial income75/76B€998€2k▲
Recurring financial income75€998€2k▲
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€10k€22k▲
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€6k€19k▲
Profit (loss) for the period to be appropriated9905€6k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€178€19k▲
Profit (loss) brought forward from the previous period14P€-6k-
Transfer to equity691/2€178€1k▲
To other reserves6921€178€1k▲
Profit to be distributed694/7-€18k
Directors or managers695-€18k
The notes to these accounts (4 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 1.15
Current ratio from 0.21 to 1.15; short-term debt falls from €38k to €18k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-17k ▼842%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Koekelare · 1 establishment unit since 2018
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.
Puydsarmoede 108680 KoekelareGround area
1.0 ha
Building footprint
131 m²
Volume, LiDAR
690 m³
Parcel 32010C0399/00G000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAVO Cleaning
since 20182.273.261.316
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32010C0399/00G000 | Flanders | 1.0 ha | 1 · 131 m² | 9.0 m · 2 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.
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Of 7,012 companies in sector 81220 we hold annual accounts for 2,415. 1,294 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-2018
Fiscal year end31-12
Activities, NACEBEL
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.