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VENRODE

Active
Private limited companyfounded 199333 yrs activeAntwerpsesteenweg 15, 2950 Kapellen, BelgiumKBO/BCE: BE 0450.562.030
Summary

VENRODE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58,093 and a net result of -€2,176. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 89% of 14254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability29▼-71
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 7.3 against 9.55 in 2024; short-term debt: 13.7% of total assets), and 13.7% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
86.3%
Return on assets
-3.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 d early
2024
44 d early
2023
on the day
2022
on the day
2021
138 d early
2020
136 d early
2019
136 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 71 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 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

History

VENRODE was incorporated on 1 July 1993.1 Total assets rose from EUR 10,679 in 2019 to EUR 67,318 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€58,093▼ 3.6%
2024 · €60,268
Total assets
€67,318=
2024 · €67,318
Net result
-€2,176
2024 · €52,225
Working capital
€58,093▼ 3.6%
2024 · €60,268
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€691▼ 78.5%-€1,024▼ 48.1%-€3,237▼ 216%€26,380-€2,176
Net result-€691within the sector's middle half▼ 78.5%-€1,047within the sector's middle half▼ 51.5%-€511within the sector's middle half▲ 51.1%€52,225above the sector's middle half-€2,176within the sector's middle half
Equity€9,601below the sector's middle half▼ 6.7%€8,554below the sector's middle half▼ 10.9%€8,043below the sector's middle half▼ 6.0%€60,268within the sector's middle half▲ 649%€58,093within the sector's middle half▼ 3.6%
Total assets€9,601below the sector's middle half▼ 6.7%€8,554below the sector's middle half▼ 10.9%€8,128below the sector's middle half▼ 5.0%€67,318below the sector's middle half▲ 728%€67,318below the sector's middle half=
Debt€85€7,050▲ 8,214%€9,226▲ 30.9%
Working capital€7,451within the sector's middle half€60,268within the sector's middle half▲ 709%€58,093within the sector's middle half▼ 3.6%
Solvency100.0%above the sector's middle half=100.0%above the sector's middle half=99.0%above the sector's middle half▼ 1.0pp89.5%above the sector's middle half▼ 9.4pp86.3%above the sector's middle half▼ 3.2pp
Current ratio88.87above the sector's middle half9.55above the sector's middle half▼ 79.327.30above the sector's middle half▼ 2.25
Return on assets (ROA)-7.2%below the sector's middle half▼ 3.4pp-12.2%below the sector's middle half▼ 5.0pp-6.3%below the sector's middle half▲ 5.9pp77.6%above the sector's middle half▲ 83.9pp-3.2%below the sector's middle half▼ 80.8pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2021: -€691-€691Net result 2021: -€691-€691Operating result 2022: -€1,024-€1,024Net result 2022: -€1,047-€1,047Operating result 2023: -€3,237-€3,237Net result 2023: -€511-€511Operating result 2024: €26,380€26,380Net result 2024: €52,225€52,225Operating result 2025: -€2,176-€2,176Net result 2025: -€2,176-€2,17620212022202320242025-€20,000€0€20,000€40,000€60,000Operating result 2023: -€3,237-€3,240Net result 2023: -€511-€511Operating result 2024: €26,380€26,400Net result 2024: €52,225€52,200Operating result 2025: -€2,176-€2,180Net result 2025: -€2,176-€2,180202320242025
The operating result turns negative in 2025: a loss of €2,176 after €26,380 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €67,318
Equity €58,093 ▼ 3.6%
Debt €9,226 ▲ 30.9%
Debt's share of the balance-sheet total rises from 10.5% to 13.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.16▲
2024 · 0.12
ROE
-3.7%▼
2024 · 86.7%
Debt ≤ 1 year
€9,226▲
2024 · €7,050
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€67,318€67,318=
Current assets29/58€67,318€67,318=
Amounts receivable within one year40/41-€67,318
Other amounts receivable41-€67,318
Cash at bank and in hand54/58€67,318-
Equity and liabilities
Total equity and liabilities10/49€67,318€67,318=
Equity10/15€60,268€58,093▼
Contributions10/11€7,747€7,747=
Reserves13€52,521€50,346▼
Distributable reserves133€52,521€50,346▼
Amounts payable17/49€7,050€9,226▲
Amounts payable within one year42/48€7,050€9,226▲
Trade debts44€261€454▲
Suppliers440/4€261€454▲
Taxes, remuneration and social security45€5,698-
Taxes450/3€5,698-
Other amounts payable47/48€1,091€8,772▲
Income statement Code20242025
Non-recurring operating income76A€27,902-
Other operating charges640/8€555€519▼
Gross operating margin9900€26,935-€1,656▼
Operating profit (loss)9901€26,380-€2,176▼
Financial income75/76B€31,543-
Recurring financial income75€31,543-
Profit (loss) for the period before taxes9903€57,923-€2,176▼
Income taxes67/77€5,698-
Profit (loss) for the period9904€52,225-€2,176▼
Profit (loss) for the period to be appropriated9905€52,225-€2,176▼
Appropriation of the result
Profit (loss) to be appropriated9906€52,168-€2,176▼
Profit (loss) brought forward from the previous period14P-€57-
Transfer from equity791/2-€2,176
Transfer to equity691/2€52,168-
To other reserves6921€52,168-

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€27,902--
Other operating charges640/8-€951€471€555€519▼ 6.4%
Gross operating margin9900--€73-€2,766€26,935-€1,656▼ 106%
Operating profit (loss)9901-€691-€1,024-€3,237€26,380-€2,176▼ 108%
Financial income75/76B--€2,749€31,543--
Recurring financial income75--€2,749€31,543--
Financial charges65/66B-€23€24---
Recurring financial charges65-€23€24---
Profit (loss) for the period before taxes9903-€691-€1,047-€511€57,923-€2,176▼ 104%
Income taxes67/77---€5,698--
Profit (loss) for the period9904-€691-€1,047-€511€52,225-€2,176▼ 104%
Profit (loss) for the period to be appropriated9905-€691-€1,047-€511€52,225-€2,176▼ 104%
Line20212022202320242025Change
Assets
Total assets20/58€9,601€8,554€8,128€67,318€67,318=
Fixed assets21/28-€592€592---
Financial fixed assets28-€592€592---
Current assets29/58€9,601€7,963€7,536€67,318€67,318=
Amounts receivable within one year40/41----€67,318-
Other amounts receivable41----€67,318-
Current investments50/53€592-----
Cash at bank and in hand54/58€9,009€7,963€7,536€67,318--
Equity and liabilities
Total equity and liabilities10/49€9,601€8,554€8,128€67,318€67,318=
Equity10/15€9,601€8,554€8,043€60,268€58,093▼ 3.6%
Contributions10/11€7,747€7,747€7,747€7,747€7,747=
Reserves13€353€353€353€52,521€50,346▼ 4.1%
Non-distributable reserves130/1-€353----
Reserves not available under the articles1311-€353----
Distributable reserves133--€353€52,521€50,346▼ 4.1%
Profit (loss) carried forward14€1,501€454-€57---
Amounts payable17/49--€85€7,050€9,226▲ 30.9%
Amounts payable within one year42/48--€85€7,050€9,226▲ 30.9%
Trade debts44---€261€454▲ 73.8%
Suppliers440/4---€261€454▲ 73.8%
Taxes, remuneration and social security45---€5,698--
Taxes450/3---€5,698--
Other amounts payable47/48--€85€1,091€8,772▲ 704%
Line20212022202320242025Change
Profit (loss) for the period9904-€691-€1,047-€511€52,225-€2,176▼ 104%
Operating cash flow (approximation)-€691-€1,047-€511€52,225-€2,176▼ 104%
Investment in fixed assets (approximation)--€0---
Change in cash--€1,047-€427€59,782--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
16-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Weakest financial yearnet -€2,176
Net result drops to -€2,176, the lowest in the series.
2024
18-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Back to profitnet €52,225
Net result €52,225 after 5 loss-making years.
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
15-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
17-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
17-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
18-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
19-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
16-09
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.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 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, Kapellen · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
2,047 m²
Building footprint
329 m²
Volume, LiDAR
2,598 m³
2 parcels, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
VENRODE BVBA
Lage Kaart 38, 2930 BrasschaatBusiness consulting
since 19932.063.489.215
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11323F0058/00H016 Flanders 1,698 m² 1 · 106 m² 8.0 m · 2 fl.
11902G0018/00M002 Flanders 348 m² 1 · 223 m² 10.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner · 1 holding

Chain of control

  1. PROVAK 100%
  2. VENRODE

Highest known parent: PROVAK. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the annual accounts to 30-06-2025 of VENRODE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 12,042 companies in sector 68203 we hold annual accounts for 6,005. 3,269 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded01-07-1993
Fiscal year end30-06
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0450562030
Also 9925:BE0450562030
Registered 10-09-2026

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.