VLAANDEREN 1992
ActiveSummary
For VLAANDEREN 1992, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €74k and a net result of €15k. Equity is shrinking by ~21.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability47▲+12
Solvency33▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
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
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 2023Solvency, return and age of the figures
Solvency
7.7%
Return on assets
1.6%
Age of the figures
42 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 · Two or more financial years not filed
Since the financial year that closed on 31-03-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-03-2024 close31-10-2024 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 31-05-2024, 213 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
213 d late
2022
578 d late
2021
943 d late
2020
132 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€74k▲ 25.8%
2022 · €59k
2019: €546k
2020: €87k
2021: €79k
2022: €59k
2019 → 2023
Total assets
€965k▼ 2.9%
2022 · €994k
2019: €678k
2020: €1.02M
2021: €1.04M
2022: €994k
2019 → 2023
Net result
€15k
2022 · €-20k
2019: €-34k
2020: €-25k
2021: €-9k
2022: €-20k
2019 → 2023
Working capital
€-141k▼ 18.5%
2022 · €-119k
2019: €-38k
2020: €-93k
2021: €-84k
2022: €-119k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€546k-€87k▼ 84.0%€79k▼ 10.0%€59k▼ 25.2%€74k▲ 25.8%
Operating result€21k-€-16k€10k€-4k€36k
Net result€-34k-€-25k▲ 27.2%€-9k▲ 64.6%€-20k▼ 127%€15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €36k after a loss of €4k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €965k
Fixed assets
€852k ▼ 3.2%
Current assets
€114k =
Equity and liabilities €965k
Equity
€74k ▲ 25.8%
Debt
€891k ▼ 4.7%
Debt's share of the balance-sheet total falls from 94.1% to 92.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€64k▲
2022 · €34k
Cash flow
€44k▲
2022 · €18k
Current ratio
0.45▼
2022 · 0.49
Debt to equity
12.05▼
2022 · 15.90
ROE
20.5%▲
2022 · -33.7%
ROA
1.6%▲
2022 · -2.0%
Interest coverage
3.11▲
2022 · 2.21
Debt ≤ 1 year
€255k▲
2022 · €233k
Debt > 1 year
€630k▼
2022 · €696k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 47 lines
Balance sheet
Code20222023
Assets
Total assets20/58€994k€965k▼
Fixed assets21/28€880k€852k▼
Tangible fixed assets22/27€880k€852k▼
Land and buildings22€876k€851k▼
Furniture and vehicles24€133€89▼
Other tangible fixed assets26€4k-
Current assets29/58€114k€114k=
Amounts receivable within one year40/41€110k€110k=
Other amounts receivable41€110k€110k=
Deferred charges and accrued income490/1€4k€4k=
Equity and liabilities
Total equity and liabilities10/49€994k€965k▼
Equity10/15€59k€74k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€68k€68k=
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Distributable reserves133€52k€52k=
Profit (loss) carried forward14€-71k€-55k▲
Amounts payable17/49€935k€891k▼
Amounts payable after more than one year17€696k€630k▼
Financial debts170/4€696k€630k▼
Amounts payable within one year42/48€233k€255k▲
Current portion of amounts payable after more than one year42€54k€56k▲
Financial debts43€13k€17k▲
Other loans439€13k€17k▲
Trade debts44€42k€58k▲
Suppliers440/4€42k€58k▲
Taxes, remuneration and social security45€39k€39k=
Taxes450/3€39k€39k=
Other amounts payable47/48€85k€85k=
Accrued charges and deferred income492/3€7k€7k=
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€29k▼
Other operating charges640/8€21k€13k▼
Gross operating margin9900€55k€78k▲
Operating profit (loss)9901€-4k€36k▲
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€15k€21k▲
Recurring financial charges65€15k€21k▲
Profit (loss) for the period before taxes9903€-17k€15k▲
Income taxes67/77€3k-
Profit (loss) for the period9904€-20k€15k▲
Profit (loss) for the period to be appropriated9905€-20k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-71k€-55k▲
Profit (loss) brought forward from the previous period14P€-51k€-71k▼
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
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 213 days late
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 578 days late
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 943 days late
2023
31-03
Financial
Back to profitnet €15k
Net result €15k after 4 loss-making years.
2021
12-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 132 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
15-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 15 days late
2016
02-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
24-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 145 days late
2014
29-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Antwerpen · 1 establishment unit since 1990
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.
Plantin en Moretuslei 122018 AntwerpenGround area
645 m²
Building footprint
617 m²
Volume, LiDAR
11,605 m³
Parcel 11806F1210/00B013, Flanders · tallest building 24.9 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
VLAANDEREN 1992
since 19902.048.842.215
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1210/00B013 | Flanders | 645 m² | 1 · 617 m² | 24.9 m · 7 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.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-05-1990
Fiscal year end31-03
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.