Vossaert
ActiveVossaert has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €731k and a net result of €-20k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 37% of 129 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-12
Solvency61▲+3
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.3 in 2024), and 66.5% 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 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
3 d late
2023
on the day
2022
on the day
2021
on the day
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-20k
2024 · €18k
2019: €-7k
2020: €-131k
2021: €29k
2022: €148k
2023: €163k
2024: €18k
2019 → 2025
Working capital
€465k▲ 15.8%
2024 · €402k
2019: €658k
2020: €423k
2021: €642k
2022: €689k
2023: €511k
2024: €402k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€699k-€848k▲ 21.2%€733k▼ 13.6%€751k▲ 2.4%€731k▼ 2.7%
Operating result€4k-€127k▲ 3,280%€168k▲ 32.7%€30k▼ 82.2%€-11k
Net result€29k-€148k▲ 407%€163k▲ 10.0%€18k▼ 89.1%€-20k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €30k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.18M
Fixed assets
€390k▼ 27.7%
Current assets
€1.79M▲ 2.5%
Equity and liabilities €2.18M
Equity
€731k▼ 2.7%
Debt
€1.45M▼ 5.5%
The debt ratio falls from 67.2% to 66.5%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€208k▲
2024 · €124k
Cash flow
€199k▲
2024 · €112k
Solvency
33.5%▲
2024 · 32.8%
Current ratio
1.35▲
2024 · 1.30
Quick ratio
0.76▲
2024 · 0.68
Debt / equity
1.99▼
2024 · 2.05
ROE
-2.8%▼
2024 · 2.4%
ROA
-0.9%▼
2024 · 0.8%
Interest coverage
5.40▲
2024 · 4.20
Debt
€1.45M▼
2024 · €1.54M
Debt ≤ 1 year
€1.33M▼
2024 · €1.35M
Debt > 1 year
€124k▼
2024 · €186k
Income taxes
€742▲
2024 · €507
Staff costs
€1.51M▲
2024 · €1.10M
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€2.29M€2.18M▼
Fixed assets21/28€540k€390k▼
Intangible fixed assets21€18k€28k▲
Tangible fixed assets22/27€520k€362k▼
Plant, machinery and equipment23€86k€46k▼
Furniture and vehicles24€116k€60k▼
Leasing and similar rights25€317k€227k▼
Other tangible fixed assets26€2k€29k▲
Financial fixed assets28€1k€371▼
Current assets29/58€1.75M€1.79M▲
Stocks and contracts in progress3€834k€783k▼
Stocks30/36€834k€783k▼
Amounts receivable within one year40/41€420k€648k▲
Trade receivables40€367k€641k▲
Other amounts receivable41€52k€7k▼
Cash at bank and in hand54/58€408k€314k▼
Deferred charges and accrued income490/1€86k€48k▼
Equity and liabilities
Total equity and liabilities10/49€2.29M€2.18M▼
Equity10/15€751k€731k▼
Contributions10/11€150k€150k=
Capital10€150k€150k=
Issued capital100€150k€150k=
Reserves13€583k€583k=
Non-distributable reserves130/1€19k€19k=
Legal reserve130€19k€19k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€562k€562k=
Profit (loss) carried forward14€18k€-2k▼
Amounts payable17/49€1.54M€1.45M▼
Amounts payable after more than one year17€186k€124k▼
Financial debts170/4€186k€124k▼
Amounts payable within one year42/48€1.35M€1.33M▼
Current portion of amounts payable after more than one year42€131k€44k▼
Trade debts44€252k€275k▲
Suppliers440/4€252k€275k▲
Advances received on contracts in progress46€366k€531k▲
Taxes, remuneration and social security45€65k€142k▲
Taxes450/3€14k€11k▼
Remuneration and social security454/9€51k€130k▲
Other amounts payable47/48€532k€335k▼
Accrued charges and deferred income492/3€5k€735▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.10M€1.51M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94k€219k▲
Other operating charges640/8€49k€67k▲
Gross operating margin9900€1.27M€1.79M▲
Operating profit (loss)9901€30k€-11k▼
Financial income75/76B€18k€30k▲
Recurring financial income75€18k€30k▲
Financial charges65/66B€30k€39k▲
Recurring financial charges65€30k€39k▲
Profit (loss) for the period before taxes9903€18k€-19k▼
Income taxes67/77€507€742▲
Profit (loss) for the period9904€18k€-20k▼
Profit (loss) for the period to be appropriated9905€18k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€-2k▼
Profit (loss) brought forward from the previous period14P-€18k
Social balance
Average headcount (FTE)908724.322.9▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
03-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2024
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
Financial
Highest result since 2019net €163k ▲10%
Operating result €168k, net result €163k, both a record.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-07
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
Financial
Weakest financial yearnet €-131k
Net result drops to €-131k, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Oudenaarde · 2 establishment units since 1984
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.
Broekstraat 1799700 OudenaardeGround area
1.1 ha
Building footprint
5,924 m²
Volume, LiDAR
26,505 m³
2 parcels, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Broekstraat 179, 9700 Oudenaarde
since 19842.023.580.940
Broekstraat 166, 9700 Oudenaarde
since 19842.023.581.039
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45508B0060/00T002 | Flanders | 7,636 m² | 1 · 2,597 m² | 11.8 m · 2 fl. |
| 45035A0213/00M000 | Flanders | 3,753 m² | 1 · 3,327 m² | 7.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 · 9 entries · 55,338 EUR awarded · 54,453 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 4,572 EUR | 3,748 EUR |
| 2024 | 2 | 11,139 EUR | 11,802 EUR |
| 2023 | 2 | 15,926 EUR | 15,202 EUR |
| 2022 | 2 | 23,701 EUR | 23,701 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
KEUKENS SCHREURS
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UNIDOOR
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Dessel · Eq €762k
KASTER KEUKENS
BE 0705.868.109
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CUISINES & PLACARDS PERREE
BE 0874.050.964
Houffalize · Eq €695k
Of 619 companies in sector 31002 we hold annual accounts for 348. 244 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-12-1983
Fiscal year end31-12
Activities, NACEBEL
31002Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36111
46494Wholesale of non-electrical household articles
47551Retail sale of household furniture
47591Retail trade
51471
52441
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.