Summary
Vredan Projects is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.26M and a net result of €365k. Equity is growing by ~29.4% per year across the filed fiscal years. Its solvency ranks better than 48% of 5527 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 07-04-2026, 115 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
115 d early
2024
100 d early
2023
54 d early
2022
31 d early
2021
160 d early
2020
5 d late
2019
46 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.26M▼ 2.7%
2024 · €1.30M
2019: €55k
2020: €211k
2021: €437k
2022: €714k
2023: €780k
2024: €1.30M
2019 → 2025
Net result
€365k▼ 29.3%
2024 · €516k
2019: €25k
2020: €156k
2021: €226k
2022: €563k
2023: €381k
2024: €516k
2019 → 2025
Total assets
€2.55M▲ 17.8%
2024 · €2.16M
2019: €101k
2020: €294k
2021: €1.01M
2022: €1.79M
2023: €1.79M
2024: €2.16M
2019 → 2025
Solvency
49.5%▼ 10.4pp
2024 · 59.9%
2019: 54.2%
2020: 71.7%
2021: 43.3%
2022: 39.8%
2023: 43.6%
2024: 59.9%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€437k-€714k▲ 63.5%€780k▲ 9.2%€1.30M▲ 66.2%€1.26M▼ 2.7%
Operating result€279k-€336k▲ 20.7%€328k▼ 2.5%€408k▲ 24.3%€351k▼ 13.8%
Net result€226k-€563k▲ 149%€381k▼ 32.3%€516k▲ 35.5%€365k▼ 29.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.55M
Fixed assets
€1.59M ▲ 14.9%
Current assets
€962k ▲ 22.8%
Equity and liabilities €2.55M
Equity
€1.26M ▼ 2.7%
Debt
€1.29M ▲ 48.3%
Debt's share of the balance-sheet total rises from 40.1% to 50.5%. Equity is lower and debt is higher.
Key figures and ratios
ROE
28.9%▼
2024 · 39.8%
ROA
14.3%▼
2024 · 23.9%
Debt ≤ 1 year
€757k▲
2024 · €275k
Debt > 1 year
€482k▼
2024 · €585k
Income taxes
€81k▼
2024 · €92k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.16M€2.55M▲
Fixed assets21/28€1.38M€1.59M▲
Tangible fixed assets22/27€1.33M€1.54M▲
Land and buildings22€1.08M€1.04M▼
Plant, machinery and equipment23€175k€438k▲
Furniture and vehicles24€13k€8k▼
Leasing and similar rights25€46k€36k▼
Other tangible fixed assets26€20k€18k▼
Financial fixed assets28€50k€50k=
Current assets29/58€784k€962k▲
Amounts receivable within one year40/41€539k€644k▲
Trade receivables40€323k€158k▼
Other amounts receivable41€216k€486k▲
Cash at bank and in hand54/58€241k€314k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€2.16M€2.55M▲
Equity10/15€1.30M€1.26M▼
Contributions10/11€30k€30k=
Reserves13-€100k
Distributable reserves133-€100k
Profit (loss) carried forward14€1.27M€1.13M▼
Amounts payable17/49€868k€1.29M▲
Amounts payable after more than one year17€585k€482k▼
Financial debts170/4€585k€482k▼
Amounts payable within one year42/48€275k€757k▲
Current portion of amounts payable after more than one year42€102k€103k▲
Financial debts43€20k€20k▼
Credit institutions430/8€20k€20k▼
Trade debts44€4k€325k▲
Suppliers440/4€4k€325k▲
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Other amounts payable47/48€150k€305k▲
Accrued charges and deferred income492/3€8k€49k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€122k€151k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€531k€504k▼
Operating profit (loss)9901€408k€351k▼
Financial income75/76B€219k€111k▼
Recurring financial income75€219k€111k▼
Financial charges65/66B€18k€16k▼
Recurring financial charges65€18k€16k▼
Profit (loss) for the period before taxes9903€608k€446k▼
Income taxes67/77€92k€81k▼
Profit (loss) for the period9904€516k€365k▼
Profit (loss) for the period to be appropriated9905€516k€365k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.27M€1.63M▲
Profit (loss) brought forward from the previous period14P€750k€1.27M▲
Transfer to equity691/2-€100k
To other reserves6921-€100k
Profit to be distributed694/7€0€400k▲
Return on contributions (dividend)694€0€400k▲
The notes to these accounts (16 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
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity triplescurrent ratio 2.85
Current ratio from 1.04 to 2.85; short-term debt falls from €355k to €275k.
31-12
Financial
Equity above €1MEq €1.30M ▲66.2%
6 profitable years in a row build equity to €1.30M.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2019net €563k ▲149%
Net result €563k, the highest in the series.
31-12
Financial
Equity above €500kEq €714k ▲63.5%
4 profitable years in a row build equity to €714k.
21-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 2.26
Current ratio from 0.79 to 2.26.
31-12
Financial
Equity above €200kEq €211k ▲285%
2 profitable years in a row build equity to €211k.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Geel · 1 establishment unit since 2019
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.
Colin Brownstraat 192440 GeelGround area
1,885 m²
Building footprint
585 m²
Volume, LiDAR
1,119 m³
Parcel 13372B0979/00S000, Flanders · tallest building 14.3 m. Linked by address, not a title deed.
1 establishment unit
Vredan Projects
since 20192.292.610.044
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13372B0979/00S000 | Flanders | 1,885 m² | 1 · 585 m² | 14.3 m |
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.
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 12,156 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
46649Wholesale of other machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.