vzw ‘de Rand’
ActiveSummary
vzw ‘de Rand’ has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7.61M and a net result of €380. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 538 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79=
Solvency97▲+1
Growth61▲+9
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 5.24 against 5.21 in 2023; short-term debt: 11.5% and cash: 6.1% of total assets), and 28.3% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
71.7%
Return on assets
0%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
13 d early
2023
2 d late
2022
9 d late
2021
30 d late
2020
16 d early
2019
52 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€745k▲ 13.9%
2023 · €654k
2023: €654k
2023 → 2024
EBIT margin
-98.5%▼ 61.7pp
2023 · -36.8%
2023: -36.8%
2023 → 2024
Net result
€380
2023 · €-76k
2018: €234k
2019: €85k
2020: €108k
2021: €-234k
2022: €-134k
2023: €-76k
2018 → 2024
Working capital
€5.20M▼ 0.7%
2023 · €5.24M
2018: €2.51M
2019: €5.38M
2020: €5.80M
2021: €4.76M
2022: €4.83M
2023: €5.24M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€654k€745k▲ 13.9%
Equity€7.37M-€7.68M▲ 4.1%€7.15M▼ 6.9%€7.54M▲ 5.5%€7.61M▲ 0.9%
Operating result€116k-€-245k€-138k▲ 43.9%€-240k▼ 74.8%€-733k▼ 205%
Net result€108k-€-234k€-134k▲ 42.7%€-76k▲ 43.1%€380
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €733k in 2024 against €240k 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 €10.62M
Fixed assets
€4.19M ▲ 0.3%
Current assets
€6.43M ▼ 0.9%
Equity and liabilities €10.62M
Equity
€7.61M ▲ 0.9%
Provisions
€489k =
Debt
€2.51M ▼ 4.4%
Debt's share of the balance-sheet total falls from 24.7% to 23.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€173k▼
2023 · €612k
Cash flow
€907k▲
2023 · €777k
Current ratio
5.24▲
2023 · 5.21
Debt to equity
0.33▼
2023 · 0.35
ROE
0.0%▲
2023 · -1.0%
ROA
0.0%▲
2023 · -0.7%
Interest coverage
101.01▲
2023 · 91.98
Debt ≤ 1 year
€1.23M▼
2023 · €1.24M
Staff costs
€6.31M▲
2023 · €5.90M
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 · 2024 against 2023 · 63 lines
Balance sheet
Code20232024
Assets
Total assets20/58€10.66M€10.62M▼
Fixed assets21/28€4.18M€4.19M▲
Intangible fixed assets21€43k€84k▲
Tangible fixed assets22/27€4.14M€4.09M▼
Plant, machinery and equipment23€3.59M€3.61M▲
Furniture and vehicles24€548k€489k▼
Financial fixed assets28€446€13k▲
Affiliated companies280/1€446-
Participating interests280€446-
Other financial fixed assets284/8-€13k
Shares284-€446
Amounts receivable and cash guarantees285/8-€13k
Current assets29/58€6.48M€6.43M▼
Amounts receivable within one year40/41€513k€1.24M▲
Trade receivables40€49k€43k▼
Other amounts receivable41€463k€1.20M▲
Current investments50/53€3.50M€4.50M▲
Cash at bank and in hand54/58€2.46M€652k▼
Deferred charges and accrued income490/1€9k€34k▲
Equity and liabilities
Total equity and liabilities10/49€10.66M€10.62M▼
Equity10/15€7.54M€7.61M▲
Contributions10/11€343k€343k=
Capital10€343k€343k=
Reserves13€1.41M€1.41M=
Profit (loss) carried forward14€450k€451k▲
Investment grants15€5.33M€5.41M▲
Provisions and deferred taxes16€489k€489k=
Provisions for liabilities and charges160/5€489k€489k=
Pensions and similar obligations160-€417k
Other liabilities and charges164/5€489k€72k▼
Amounts payable17/49€2.63M€2.51M▼
Amounts payable within one year42/48€1.24M€1.23M▼
Trade debts44€600k€515k▼
Suppliers440/4€600k€515k▼
Taxes, remuneration and social security45€616k€686k▲
Remuneration and social security454/9€616k€686k▲
Accrued charges and deferred income492/3€1.39M€1.29M▼
Income statement
Code20232024
Operating income70/76A€10.75M€10.66M▼
Turnover70€654k€745k▲
Non-recurring operating income76A€840€11k▲
Operating charges60/66A€10.99M€11.39M▲
Goods for resale, raw materials and consumables60€5k€7k▲
Purchases600/8€5k€7k▲
Services and other goods61€4.20M€4.15M▼
Remuneration, social security and pensions62€5.90M€6.31M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€853k€906k▲
Other operating charges640/8€11k€19k▲
Non-recurring operating charges66A€24k-
Operating profit (loss)9901€-240k€-733k▼
Financial income75/76B€171k€736k▲
Recurring financial income75€171k€736k▲
Income from current assets751-€191k
Other financial income752/9€171k€544k▲
Financial charges65/66B€7k€2k▼
Recurring financial charges65€7k€2k▼
Debt charges650-€2k
Other financial charges652/9€7k€144▼
Profit (loss) for the period before taxes9903€-76k€380▲
Profit (loss) for the period9904€-76k€380▲
Profit (loss) for the period to be appropriated9905€-76k€380▲
Appropriation of the result
Profit (loss) to be appropriated9906€450k€451k▲
Profit (loss) brought forward from the previous period14P€527k€450k▼
Social balance
Average headcount (FTE)908775.778.4▲
The notes to these accounts (35 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €380
Net result €380 after 3 loss-making years.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 2 days late
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 9 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-234k ▼317%
Net result drops to €-234k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity doublescurrent ratio 6.60
Current ratio from 3.16 to 6.60; short-term debt falls from €1.16M to €960k.
31-12
Financial
Equity above €5MEq €6.87M ▲99.5%
2 profitable years in a row build equity to €6.87M.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
24 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, Wemmel · 7 establishment units since 1996
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.
Kaasmarkt 751780 WemmelGround area
2.6 ha
Building footprint
1.1 ha
Volume, LiDAR
67,821 m³
7 parcels, Flanders · tallest building 16.2 m, ±3 floors. Linked by address, not a title deed.
7 establishment units
gc de bosuil
since 19962.138.483.279
gc de kam
since 19962.138.483.378
gc de moelie
since 19962.138.483.477
gc de zandloper
since 19962.138.483.576
gc de boesdaalhoeve
since 19962.138.483.675
gc de lijsterbes
since 19962.138.483.774
Show 1 more locations
PIVO
since 20222.336.989.524
7 parcels
Flanders
7
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22005A0652/00H000 | Flanders | 6,011 m² | 1 · 2,628 m² | 16.2 m · 3 fl. |
| 23062N0035/02X011 | Flanders | 5,278 m² | 1 · 1,981 m² | 11.1 m · 2 fl. |
| 23068B0017/00F002 | Flanders | 4,377 m² | 1 · 2,756 m² | 10.3 m · 3 fl. |
| 22003A0147/00C000 | Flanders | 3,725 m² | 1 · 964 m² | 14.8 m · 2 fl. |
| 22002A0362/00P000 | Flanders | 3,228 m² | 1 · 1,114 m² | - |
| 22006B0312/00F000 | Flanders | 2,635 m² | 1 · 906 m² | 15.1 m · 2 fl. |
| 22004A0023/00C002indicative | Flanders | 660 m² | 1 · 202 m² | 4.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 6
6 of 7 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 16 entries · 661,717 EUR awarded · 661,717 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 2,415 EUR | 63,735 EUR |
| 2024 | 5 | 16,527 EUR | 71,783 EUR |
| 2023 | 4 | 325,236 EUR | 259,425 EUR |
| 2022 | 3 | 317,539 EUR | 266,774 EUR |
Schemes
Subsidies in het kader van het integratie- en inburgeringsbeleid
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Individueel Maatwerk
Subsidies voor samenwerkingsverbanden tussen 2 of meer lokale besturen
Vlaams opleidingsverlof (VOV)
Show 2 more
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Recognitions · licences · registrations
Dual-learning approval
5 live approvals · 5 endedAssistent podiumtechnicus (vwo)
Podiuminstallaties duaal (so)
Podiumtechnicus (vwo)
Podiumtechnicus duaal (so)
Podiumtechnieken duaal (so)
Show 5 ended approvals
Assistent podiumtechnicus (so)
Podiumtechnicus (vwo)
Podiumtechnicus duaal (so)
Podiumtechnieken duaal (so)
Assistent podiumtechnicus (so)
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Of 641 companies in sector 90312 we hold annual accounts for 227. 55 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 formNon-profit association
Founded20-12-1996
Fiscal year end31-12
Activities, NACEBEL 2025
90312Arts creation and performing arts activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.