VBK - Afrasteringen
ActiveVBK - Afrasteringen has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €442k and a net result of €28k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 71% of 10230 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
89
/ 100
Excellent▲ +13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▲+18
Solvency98=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.21 against 2.18 in 2024), and 41.3% 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
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
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 →
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
58.7%
Return on assets
3.7%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
26 d early
2023
15 d early
2022
27 d early
2021
31 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€442k▲ 4.3%
2024 · €424k
2018: €154k
2019: €187k
2020: €264k
2021: €335k
2022: €394k
2023: €412k
2024: €424k
2018 → 2025
Total assets
€754k▲ 3.9%
2024 · €725k
2018: €601k
2019: €591k
2020: €595k
2021: €648k
2022: €830k
2023: €783k
2024: €725k
2018 → 2025
Net result
€28k▲ 132%
2024 · €12k
2018: €22k
2019: €33k
2020: €76k
2021: €71k
2022: €59k
2023: €28k
2024: €12k
2018 → 2025
Working capital
€378k▲ 6.2%
2024 · €356k
2018: €173k
2019: €170k
2020: €210k
2021: €321k
2022: €281k
2023: €322k
2024: €356k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€335k-€394k▲ 17.7%€412k▲ 4.5%€424k▲ 3.0%€442k▲ 4.3%
Operating result€112k-€80k▼ 28.4%€44k▼ 45.2%€29k▼ 34.3%€35k▲ 22.2%
Net result€71k-€59k▼ 17.1%€28k▼ 53.2%€12k▼ 56.1%€28k▲ 132%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 22% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €754k
Fixed assets
€64k▼ 5.8%
Current assets
€689k▲ 4.9%
Equity and liabilities €754k
Equity
€442k▲ 4.3%
Debt
€311k▲ 3.3%
The debt ratio falls from 41.5% to 41.3%: equity grows faster than debt.
Key figures and ratios
EBITDA
€65k▲
2024 · €56k
Cash flow
€58k▲
2024 · €40k
Solvency
58.7%▲
2024 · 58.5%
Current ratio
2.21▲
2024 · 2.18
Quick ratio
0.96▲
2024 · 0.74
Debt / equity
0.70▼
2024 · 0.71
ROE
6.4%▲
2024 · 2.9%
ROA
3.7%▲
2024 · 1.7%
Interest coverage
10.00▲
2024 · 2.69
Debt
€311k▲
2024 · €301k
Debt ≤ 1 year
€311k▲
2024 · €301k
Income taxes
€11k▲
2024 · €8k
Staff costs
€64k▼
2024 · €72k
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€725k€754k▲
Fixed assets21/28€68k€64k▼
Tangible fixed assets22/27€68k€64k▼
Plant, machinery and equipment23€6k€22k▲
Furniture and vehicles24€61k€36k▼
Other tangible fixed assets26€1k€6k▲
Current assets29/58€657k€689k▲
Stocks and contracts in progress3€434k€390k▼
Stocks30/36€434k€390k▼
Amounts receivable within one year40/41€76k€58k▼
Trade receivables40€28k€28k▲
Other amounts receivable41€48k€30k▼
Current investments50/53-€150k
Cash at bank and in hand54/58€141k€87k▼
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€725k€754k▲
Equity10/15€424k€442k▲
Contributions10/11€22k€22k=
Reserves13€402k€420k▲
Distributable reserves133€402k€420k▲
Amounts payable17/49€301k€311k▲
Amounts payable within one year42/48€301k€311k▲
Trade debts44€35k€45k▲
Suppliers440/4€35k€45k▲
Taxes, remuneration and social security45€22k€18k▼
Taxes450/3€10k€8k▼
Remuneration and social security454/9€12k€10k▼
Other amounts payable47/48€244k€249k▲
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€72k€64k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€30k▲
Other operating charges640/8€8k€8k▲
Gross operating margin9900€136k€137k▲
Operating profit (loss)9901€29k€35k▲
Financial income75/76B€12k€10k▼
Recurring financial income75€12k€10k▼
Financial charges65/66B€21k€6k▼
Recurring financial charges65€21k€6k▼
Profit (loss) for the period before taxes9903€20k€39k▲
Income taxes67/77€8k€11k▲
Profit (loss) for the period9904€12k€28k▲
Profit (loss) for the period to be appropriated9905€12k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€28k▲
Transfer to equity691/2€12k€18k▲
To other reserves6921€12k€18k▲
Profit to be distributed694/7-€10k
Directors or managers695-€10k
Social balance
Average headcount (FTE)90871.51.5=
The notes to these accounts (11 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
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €12k ▼56.1%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
15-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Highest result since 2018net €76k ▲128%
Operating result €142k, net result €76k, both a record.
30-09
Financial
Equity above €200kEq €264k ▲40.6%
3 profitable years in a row build equity to €264k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-04
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, Haaltert · 1 establishment unit since 1999
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.
Terlicht(KE) 1419451 HaaltertGround area
993 m²
Building footprint
982 m²
Volume, LiDAR
6,470 m³
Parcel 41033B0004/00Z000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VBK-AFRASTERINGEN
since 19992.091.771.247
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41033B0004/00Z000 | Flanders | 993 m² | 1 · 982 m² | 8.6 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 5,550 EUR awarded · 5,550 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,300 EUR | 3,300 EUR |
| 2022 | 1 | 2,250 EUR | 2,250 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteHaaltert2.091.771.247
Similar companies · same sector, comparable size
BAS
BE 0454.572.385
Schaarbeek · Eq €442k
BRICO BOONDAEL
BE 0423.086.581
Elsene · Eq €443k
SEUROBRIC
BE 0441.919.033
Wevelgem · Eq €444k
BOUWMATERIALEN SCHUTTERS
BE 0434.499.424
Antwerpen · Eq €440k
DE VERFKERK
BE 0862.407.006
Schoten · Eq €445k
Of 1,708 companies in sector 47521 we hold annual accounts for 1,275. 1,017 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-06-1999
Fiscal year end30-09
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.