VRANIS
ActiveSummary
The computed 12-month bankruptcy probability of VRANIS is 5.4% (elevated). The 2024 annual accounts show negative equity (€-17k) and a net result of €-15k. Equity is shrinking by ~41.8% per year across the filed fiscal years. Its solvency ranks better than 8% of 36375 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
Axes · tick = 2023
Profitability21▲+15
Solvency17▼-7
Growth49=
Track record92
Bankruptcy probability, 12 months
5.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.91 against 0.98 in 2023; short-term debt: 106.9% and cash: 0.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
-7.6%
Return on assets
-6.6%
Age of the figures
22 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-17k
neutral · Filed after the deadline
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 08-07-2025, 8 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
8 d late
2023
23 d late
2022
24 d late
2021
1 d early
2020
78 d late
2019
365 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Turnover
€1.03M▲ 63.4%
2019 · €632k
EBIT margin
1.5%▲ 0.1pp
2019 · 1.4%
Net result
€-15k▲ 40.3%
2023 · €-25k
Working capital
€-22k▼ 385%
2023 · €-4k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€1.03M▲ 63.4%
Operating result€16k▲ 74.1%€9k▼ 40.9%€-18k€-23k▼ 29.1%€-23k▼ 1.3%
Net result€11k▲ 74.4%€2k▼ 86.1%€-10k€-25k▼ 147%€-15k▲ 40.3%
EBIT margin1.5%▲ 0.1pp
Equity€64k▲ 20.1%€33k▼ 48.2%€23k▼ 30.6%€-2k€-17k▼ 722%
Total assets€313k▲ 52.2%€321k▲ 2.4%€288k▼ 10.4%€248k▼ 13.9%€227k▼ 8.2%
Debt€249k▲ 63.5%€287k▲ 15.5%€264k▼ 8.0%€250k▼ 5.6%€244k▼ 2.1%
Working capital€64k▲ 36.8%€19k▼ 69.8%€13k▼ 32.6%€-4k€-22k▼ 385%
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 €23k in 2024 against €23k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €227k
Fixed assets
€6k ▼ 32.9%
Current assets
€221k ▼ 7.3%
Key figures and ratios
EBITDA
€-20k▼
2023 · €-20k
Cash flow
€-12k▲
2023 · €-22k
Solvency
-7.6%▼
2023 · -0.8%
Current ratio
0.91▼
2023 · 0.98
Debt to equity
-14.24
ROA
-6.6%▲
2023 · -10.2%
Interest coverage
168813.00▲
2023 · -8.43
Debt ≤ 1 year
€243k▼
2023 · €243k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.03M | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €410 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €3k | €3k | €3k | €3k | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €7k | - | - | - |
| Other operating charges640/8 | - | €3k | €4k | €1k | €582 | ▼ 49.6% |
| Gross operating margin9900 | €23k | €16k | €-4k | €-19k | €-20k | ▼ 4.6% |
| Operating profit (loss)9901 | €16k | €9k | €-18k | €-23k | €-23k | ▼ 1.3% |
| Financial income75/76B | - | €8k | €8k | €0 | €8k | - |
| Recurring financial income75 | €2 | €8k | €8k | €0 | €8k | - |
| Financial charges65/66B | - | €4k | €460 | €2k | €0 | ▼ 100% |
| Recurring financial charges65 | €459 | €4k | €460 | €2k | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €15k | €14k | €-10k | €-25k | €-15k | ▲ 40.3% |
| Income taxes67/77 | €4k | €13k | €199 | - | - | - |
| Profit (loss) for the period9904 | €11k | €2k | €-10k | €-25k | €-15k | ▲ 40.3% |
| Profit (loss) for the period to be appropriated9905 | €11k | €2k | €-10k | €-25k | €-15k | ▲ 40.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €313k | €321k | €288k | €248k | €227k | ▼ 8.2% |
| Fixed assets21/28 | €208 | €15k | €12k | €9k | €6k | ▼ 32.9% |
| Tangible fixed assets22/27 | €208 | €11k | €8k | €5k | €2k | ▼ 62.4% |
| Plant, machinery and equipment23 | - | €11k | €8k | €5k | €2k | ▼ 62.4% |
| Financial fixed assets28 | - | €4k | €4k | €4k | €4k | = |
| Current assets29/58 | €313k | €306k | €276k | €239k | €221k | ▼ 7.3% |
| Amounts receivable within one year40/41 | €299k | €305k | €273k | €239k | €221k | ▼ 7.3% |
| Trade receivables40 | - | €135k | €114k | €115k | €114k | ▼ 1.1% |
| Other amounts receivable41 | - | €170k | €159k | €123k | €107k | ▼ 13.2% |
| Cash at bank and in hand54/58 | €12k | €696 | €2k | €112 | €151 | ▲ 35.1% |
| Deferred charges and accrued income490/1 | - | €694 | €720 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €313k | €321k | €288k | €248k | €227k | ▼ 8.2% |
| Equity10/15 | €64k | €33k | €23k | €-2k | €-17k | ▼ 722% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €50k | €19k | €9k | €-16k | €-31k | ▼ 92.2% |
| Amounts payable17/49 | €249k | €287k | €264k | €250k | €244k | ▼ 2.1% |
| Amounts payable within one year42/48 | €249k | €287k | €263k | €243k | €243k | ▼ 0.1% |
| Trade debts44 | €223k | €282k | €216k | €196k | €196k | ▼ 0.1% |
| Suppliers440/4 | - | €282k | €216k | €196k | €196k | ▼ 0.1% |
| Taxes, remuneration and social security45 | - | €5k | - | - | - | - |
| Taxes450/3 | - | €5k | - | - | - | - |
| Other amounts payable47/48 | - | - | €47k | €47k | €47k | = |
| Accrued charges and deferred income492/3 | - | €771 | €2k | €6k | €1k | ▼ 78.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €2k | €-10k | €-25k | €-15k | ▲ 40.3% |
| + Depreciation and write-downs630 | €6k | €3k | €3k | €3k | €3k | = |
| Operating cash flow (approximation) | €17k | €5k | €-7k | €-22k | €-12k | ▲ 45.6% |
| Investment in fixed assets (approximation) | - | €-18k | €0 | €0 | €0 | - |
| Change in cash | - | €-11k | €2k | €-2k | €39 | ▲ 102% |
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
2025
27-10
KBO administration
Address struck
Keerkringenlaan 4 Die Sitzadresse Avenue des Tropiques /
1190 Forest · event 13-10-2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
30-11
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 78 days late
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 365 days late
13-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 563 days late
SignalFinancial 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.
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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, Vorst · 1 establishment unit since 2017
Ground area
172 m²
Building footprint
117 m²
Volume, LiDAR
1,591 m³
Parcel 21382C0276/00N013, Brussels · tallest building 16.2 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VRANIS
since 20172.269.443.573
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0276/00N013 | Brussels | 172 m² | 1 · 117 m² | 16.1 m · 5 fl. |
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.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,414. 5,386 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 (pre-2019)
Founded31-07-2017
Fiscal year end30-11
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.