VLASVELD
ActiveSummary
VLASVELD has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €417,528 and a net result of €20,781. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 11547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 30.2 against 19.64 in 2024; short-term debt: 3.2% and cash: 36% of total assets), and 3.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
96.7%
Return on assets
4.8%
Age of the figures
15 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
4 d early
2023
6 d early
2022
1 d early
2021
5 d early
2020
4 d early
2019
44 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 9 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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. Usually files around 27 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€417,528▲ 5.2%
2024 · €396,747
Total assets
€431,971▲ 3.4%
2024 · €417,771
Net result
€20,781▼ 12.7%
2024 · €23,813
Working capital
€400,681▲ 8.5%
2024 · €369,257
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€47,379▼ 19.9%€54,382▲ 14.8%€19,021▼ 65.0%€19,958▲ 4.9%€14,861▼ 25.5%
Net result€40,709above the sector's middle half▼ 29.0%€44,395above the sector's middle half▲ 9.1%€20,881within the sector's middle half▼ 53.0%€23,813within the sector's middle half▲ 14.0%€20,781within the sector's middle half▼ 12.7%
Equity€307,657above the sector's middle half▲ 15.2%€352,053above the sector's middle half▲ 14.4%€372,934above the sector's middle half▲ 5.9%€396,747above the sector's middle half▲ 6.4%€417,528above the sector's middle half▲ 5.2%
Total assets€323,177within the sector's middle half▲ 6.4%€375,649within the sector's middle half▲ 16.2%€395,520within the sector's middle half▲ 5.3%€417,771above the sector's middle half▲ 5.6%€431,971above the sector's middle half▲ 3.4%
Debt€15,519▼ 57.1%€23,596▲ 52.0%€22,586▼ 4.3%€21,024▼ 6.9%€14,443▼ 31.3%
Working capital€308,118above the sector's middle half▲ 17.8%€301,454above the sector's middle half▼ 2.2%€333,720above the sector's middle half▲ 10.7%€369,257above the sector's middle half▲ 10.6%€400,681above the sector's middle half▲ 8.5%
Solvency95.2%above the sector's middle half▲ 7.3pp93.7%above the sector's middle half▼ 1.5pp94.3%above the sector's middle half▲ 0.6pp95.0%above the sector's middle half▲ 0.7pp96.7%above the sector's middle half▲ 1.7pp
Current ratio21.46above the sector's middle half▲ 13.1413.98above the sector's middle half▼ 7.4916.19above the sector's middle half▲ 2.2119.64above the sector's middle half▲ 3.4430.20above the sector's middle half▲ 10.56
Return on assets (ROA)12.6%within the sector's middle half▼ 6.3pp11.8%within the sector's middle half▼ 0.8pp5.3%within the sector's middle half▼ 6.5pp5.7%within the sector's middle half▲ 0.4pp4.8%within the sector's middle half▼ 0.9pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €431,971
Fixed assets
€17,568 ▼ 38.8%
Current assets
€414,403 ▲ 6.5%
Equity and liabilities €431,971
Equity
€417,528 ▲ 5.2%
Debt
€14,443 ▼ 31.3%
Debt's share of the balance-sheet total falls from 5.0% to 3.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25,993▼
2024 · €31,090
Cash flow
€31,913▼
2024 · €34,945
Debt to equity
0.03▼
2024 · 0.05
ROE
5.0%▼
2024 · 6.0%
Interest coverage
25.17▲
2024 · 22.24
Debt ≤ 1 year
€13,723▼
2024 · €19,814
Income taxes
€6,067▼
2024 · €6,965
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.7%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 10,905 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €8,884 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,398 | €4,697 | €11,132 | €11,132 | €11,132 | = |
| Other operating charges640/8 | - | €1,650 | €1,162 | €1,306 | €908 | ▼ 30.5% |
| Gross operating margin9900 | €55,227 | €60,728 | €31,315 | €32,396 | €26,901 | ▼ 17.0% |
| Operating profit (loss)9901 | €47,379 | €54,382 | €19,021 | €19,958 | €14,861 | ▼ 25.5% |
| Financial income75/76B | - | €2,557 | €8,750 | €12,218 | €13,020 | ▲ 6.6% |
| Recurring financial income75 | €6,755 | €2,557 | €8,750 | €12,218 | €13,020 | ▲ 6.6% |
| Financial charges65/66B | - | €550 | €825 | €1,398 | €1,033 | ▼ 26.1% |
| Recurring financial charges65 | €608 | €550 | €825 | €1,398 | €1,033 | ▼ 26.1% |
| Profit (loss) for the period before taxes9903 | €53,527 | €56,389 | €26,946 | €30,778 | €26,848 | ▼ 12.8% |
| Transfer from deferred taxes780 | - | €0 | - | - | - | - |
| Income taxes67/77 | €13,340 | €11,994 | €6,064 | €6,965 | €6,067 | ▼ 12.9% |
| Profit (loss) for the period9904 | €40,709 | €44,395 | €20,881 | €23,813 | €20,781 | ▼ 12.7% |
| Transfer from tax-exempt reserves789 | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €41,725 | €44,395 | €20,881 | €23,813 | €20,781 | ▼ 12.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €323,177 | €375,649 | €395,520 | €417,771 | €431,971 | ▲ 3.4% |
| Fixed assets21/28 | €0 | €50,964 | €39,832 | €28,700 | €17,568 | ▼ 38.8% |
| Tangible fixed assets22/27 | €0 | €50,964 | €39,832 | €28,700 | €17,568 | ▼ 38.8% |
| Furniture and vehicles24 | - | €50,964 | €39,832 | €28,700 | €17,568 | ▼ 38.8% |
| Current assets29/58 | €323,177 | €324,685 | €355,688 | €389,071 | €414,403 | ▲ 6.5% |
| Amounts receivable after more than one year29 | - | €200,000 | €200,000 | €240,200 | €237,800 | ▼ 1.0% |
| Other amounts receivable291 | - | €200,000 | €200,000 | €240,200 | €237,800 | ▼ 1.0% |
| Amounts receivable within one year40/41 | €23,946 | €24,597 | €21,349 | €22,271 | €21,197 | ▼ 4.8% |
| Trade receivables40 | - | €23,591 | €15,413 | €21,736 | €19,764 | ▼ 9.1% |
| Other amounts receivable41 | - | €1,006 | €5,936 | €535 | €1,433 | ▲ 168% |
| Cash at bank and in hand54/58 | €299,231 | €100,087 | €134,339 | €126,600 | €155,406 | ▲ 22.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €323,177 | €375,649 | €395,520 | €417,771 | €431,971 | ▲ 3.4% |
| Equity10/15 | €307,657 | €352,053 | €372,934 | €396,747 | €417,528 | ▲ 5.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €299,597 | €343,993 | €364,874 | €388,687 | €409,468 | ▲ 5.3% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €15,519 | €23,596 | €22,586 | €21,024 | €14,443 | ▼ 31.3% |
| Amounts payable within one year42/48 | €15,059 | €23,231 | €21,968 | €19,814 | €13,723 | ▼ 30.7% |
| Trade debts44 | €3,062 | €3,334 | €3,169 | €2,557 | €2,823 | ▲ 10.4% |
| Suppliers440/4 | - | €3,334 | €3,169 | €2,557 | €2,823 | ▲ 10.4% |
| Taxes, remuneration and social security45 | - | €1,375 | €2,683 | €3,214 | €6,407 | ▲ 99.3% |
| Taxes450/3 | - | €1,375 | €2,683 | €3,214 | €6,407 | ▲ 99.3% |
| Other amounts payable47/48 | - | €18,522 | €16,117 | €14,043 | €4,492 | ▼ 68.0% |
| Accrued charges and deferred income492/3 | - | €365 | €618 | €1,209 | €720 | ▼ 40.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,709 | €44,395 | €20,881 | €23,813 | €20,781 | ▼ 12.7% |
| + Depreciation and write-downs630 | €6,398 | €4,697 | €11,132 | €11,132 | €11,132 | = |
| Operating cash flow (approximation) | €47,107 | €49,092 | €32,014 | €34,945 | €31,913 | ▼ 8.7% |
| Investment in fixed assets (approximation) | - | -€55,661 | €0 | €0 | €0 | - |
| Change in cash | - | -€199,144 | €34,252 | -€7,739 | €28,806 | ▲ 472% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €20,781 ▼12.7%
Net result drops to €20,781, the lowest in the series.
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Liquidity triplescurrent ratio 21.46
Current ratio from 8.32 to 21.46; short-term debt falls from €35,734 to €15,059.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Highest result since 2019net €57,357 ▲18.3%
Operating result €59,171, net result €57,357, both a record.
2019
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-01
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 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Hoogstraten · 1 establishment unit since 2009
Ground area
2,281 m²
Building footprint
220 m²
Parcel 13020E0529/00N000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VLASVELD
since 20092.183.886.110
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13020E0529/00N000 | Flanders | 2,281 m² | 1 · 220 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Passa Porta Bookshop
BE 0871.759.190
Brussel · Eq €414,827
FLORENT et Cie
BE 0864.193.289
Fosses-la-Ville · Eq €411,333
LABELS VAN CAMPENHOUDT
BE 0465.732.533
Schaarbeek · Eq €409,961
B.R.M.
BE 0463.781.150
Lontzen · Eq €425,254
GR SOLUTIONS
BE 0753.893.205
Brugge · Eq €404,586
Of 1,741 companies in sector 46150 we hold annual accounts for 758. 466 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
Founded16-12-2009
Fiscal year end30-06
Activities, NACEBEL 2025
46150Agents in the wholesale of furniture, household goods and hardware
17120Manufacture of paper and paper products
18130Pre-press and pre-media services
18140Printing and reproduction of recorded media
65200Insurance, reinsurance and pension funding, except compulsory social security
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0821593364
Also
9925:BE0821593364
Registered
17-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.