VISHANDEL BOEL
ActiveVISHANDEL BOEL has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €-15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50=
Solvency62▼-38
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 8.12 in 2024; short-term debt: 63% and cash: 49.6% of total assets), and 63% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
37%
Return on assets
-27.2%
Age of the figures
9 mo
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-15k
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 28-03-2026, 125 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
125 d early
2024
133 d early
2023
63 d early
2022
120 d early
2021
123 d early
2020
100 d early
2019
81 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k▼ 69.2%
2024 · €66k
2018: €36k
2019: €37k
2020: €96k
2021: €103k
2022: €122k
2023: €93k
2024: €66k
2018 → 2025
Total assets
€55k▼ 21.7%
2024 · €70k
2018: €361k
2019: €325k
2020: €298k
2021: €208k
2022: €139k
2023: €98k
2024: €70k
2018 → 2025
Net result
€-15k▲ 43.7%
2024 · €-27k
2018: €158
2019: €980
2020: €61k
2021: €9k
2022: €81k
2023: €-30k
2024: €-27k
2018 → 2025
Working capital
€8k▼ 72.0%
2024 · €29k
2018: €-130k
2019: €-116k
2020: €-68k
2021: €-53k
2022: €16k
2023: €22k
2024: €29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€103k-€122k▲ 18.8%€93k▼ 24.3%€66k▼ 28.7%€20k▼ 69.2%
Operating result€18k-€119k▲ 546%€-29k€-26k▲ 10.9%€-14k▲ 44.7%
Net result€9k-€81k▲ 762%€-30k€-27k▲ 10.5%€-15k▲ 43.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2025 against €26k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55k
Fixed assets
€12k▼ 67.0%
Current assets
€43k▲ 28.2%
Equity and liabilities €55k
Equity
€20k▼ 69.2%
Debt
€35k▲ 742%
The debt ratio rises from 5.9% to 63.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€11k▲
2024 · €9k
Cash flow
€11k▲
2024 · €9k
Solvency
37.0%▼
2024 · 94.1%
Current ratio
1.24▼
2024 · 8.12
Quick ratio
1.24▼
2024 · 8.12
Debt / equity
1.70▲
2024 · 0.06
ROE
-73.5%▼
2024 · -40.2%
ROA
-27.2%▲
2024 · -37.8%
Interest coverage
39.34▲
2024 · 28.54
Debt
€35k▲
2024 · €4k
Debt ≤ 1 year
€35k▲
2024 · €4k
Income taxes
€378▼
2024 · €391
Staff costs
€0▲
2024 · €-455
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€70k€55k▼
Fixed assets21/28€37k€12k▼
Tangible fixed assets22/27€37k€12k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€35k€11k▼
Current assets29/58€33k€43k▲
Amounts receivable within one year40/41€11k€13k▲
Trade receivables40€3k€5k▲
Other amounts receivable41€8k€8k▲
Cash at bank and in hand54/58€21k€27k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€70k€55k▼
Equity10/15€66k€20k▼
Contributions10/11€5k€5k=
Reserves13€117k€86k▼
Distributable reserves133€117k€86k▼
Profit (loss) carried forward14€-56k€-71k▼
Amounts payable17/49€4k€35k▲
Amounts payable within one year42/48€4k€35k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▼
Remuneration and social security454/9€0€450▲
Other amounts payable47/48€137€31k▲
Income statement
Code20242025
Remuneration, social security and pensions62€-455€0▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€26k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€10k€13k▲
Operating profit (loss)9901€-26k€-14k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€327€290▼
Recurring financial charges65€327€290▼
Profit (loss) for the period before taxes9903€-26k€-15k▲
Income taxes67/77€391€378▼
Profit (loss) for the period9904€-27k€-15k▲
Profit (loss) for the period to be appropriated9905€-27k€-15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-56k€-71k▼
Profit (loss) brought forward from the previous period14P€-30k€-56k▼
Transfer from equity791/2-€31k
Profit to be distributed694/7-€31k
Return on contributions (dividend)694-€31k
The notes to these accounts (5 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
28-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-30k ▼137%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 5.00
Current ratio from 1.96 to 5.00; short-term debt falls from €16k to €6k.
02-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €81k ▲762%
Operating result €119k, net result €81k, both a record.
31-12
Financial
Liquidity times 6current ratio 1.96
Current ratio from 0.32 to 1.96; short-term debt falls from €77k to €16k.
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €103k ▲7.3%
4 profitable years in a row build equity to €103k.
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-03
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
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, Aalst · 1 establishment unit since 2015
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.
Gentse steenweg 229300 AalstGround area
135 m²
Building footprint
120 m²
Volume, LiDAR
1,021 m³
Parcel 41302C1159/00H000, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
vishandel boel
since 20152.240.852.923
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41302C1159/00H000 | Flanders | 134 m² | 1 · 120 m² | 11.7 m · 3 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 · 1 entry · 8,153 EUR awarded · 8,153 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 8,153 EUR | 8,153 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Similar companies · same sector, comparable size
IMMO JKA
BE 0434.306.810
Anderlecht · Eq €20k
WIPA
BE 0735.905.742
Veurne · Eq €20k
Ellisalik
BE 0747.879.797
Pepingen · Eq €20k
MEL HR SERVICES
BE 0763.597.163
Koekelberg · Eq €20k
EURODISTRIBUTION
BE 0438.974.884
Charleroi · Eq €20k
Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 2,268 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-2015
Fiscal year end31-12
Activities, NACEBEL
47222Retail trade
82100Office administrative and support services
46323Wholesale trade
47230Retail trade
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:w.boel@telenet.be
Phone:0486740763