Van Gansbeke-Van de Vyvere
ActiveSummary
The computed 12-month bankruptcy probability of Van Gansbeke-Van de Vyvere is 3.0% (moderate). The 2025 annual accounts show equity of €39k and a net result of €116k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 3674 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
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+3
Solvency29=
Growth78=
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.4 against 0.48 in 2024; short-term debt: 32.5% and cash: 9.2% of total assets), and 95.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
4.4%
Return on assets
13%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 3674 sector peers (2025).
NBB · sector comparisonPosition among 3674 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 6 filingsDeviation from the deadline
2025
21 d late
2024
7 d early
2023
35 d late
2022
39 d early
2021
30 d early
2020
23 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
€39k▲ 0.5%
2024 · €39k
2020: €25k
2021: €79k
2022: €91k
2023: €86k
2024: €39k
2020 → 2025
Total assets
€895k▼ 1.5%
2024 · €908k
2020: €73k
2021: €196k
2022: €784k
2023: €862k
2024: €908k
2020 → 2025
Net result
€116k▲ 21.7%
2024 · €95k
2020: €21k
2021: €54k
2022: €12k
2023: €94k
2024: €95k
2020 → 2025
Working capital
€-175k▼ 10.7%
2024 · €-158k
2020: €35k
2021: €65k
2022: €-68k
2023: €-161k
2024: €-158k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€79k-€91k▲ 15.0%€86k▼ 5.5%€39k▼ 54.7%€39k▲ 0.5%
Operating result€68k-€36k▼ 47.3%€139k▲ 288%€154k▲ 10.3%€179k▲ 16.8%
Net result€54k-€12k▼ 78.0%€94k▲ 690%€95k▲ 2.1%€116k▲ 21.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 17% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €895k
Fixed assets
€780k ▲ 2.6%
Current assets
€115k ▼ 22.4%
Equity and liabilities €895k
Equity
€39k ▲ 0.5%
Debt
€856k ▼ 1.6%
Debt's share of the balance-sheet total falls from 95.7% to 95.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€246k▲
2024 · €209k
Cash flow
€183k▲
2024 · €150k
Current ratio
0.40▼
2024 · 0.48
Quick ratio
0.36▼
2024 · 0.43
Debt to equity
21.93▼
2024 · 22.39
ROE
297.7%▲
2024 · 245.8%
ROA
13.0%▲
2024 · 10.5%
Interest coverage
8.95▲
2024 · 8.31
Debt ≤ 1 year
€291k▼
2024 · €307k
Debt > 1 year
€565k▲
2024 · €563k
Income taxes
€36k▲
2024 · €34k
Staff costs
€146k▼
2024 · €219k
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€908k€895k▼
Fixed assets21/28€760k€780k▲
Tangible fixed assets22/27€755k€775k▲
Land and buildings22€687k€653k▼
Plant, machinery and equipment23€34k€37k▲
Furniture and vehicles24€35k€86k▲
Financial fixed assets28€4k€4k=
Current assets29/58€149k€115k▼
Stocks and contracts in progress3€16k€11k▼
Stocks30/36€16k€11k▼
Amounts receivable within one year40/41€66k€21k▼
Trade receivables40€2k€0▼
Other amounts receivable41€64k€21k▼
Cash at bank and in hand54/58€67k€82k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€908k€895k▼
Equity10/15€39k€39k▲
Contributions10/11€6k€6k=
Reserves13€33k€33k=
Distributable reserves133€33k€33k=
Profit (loss) carried forward14€337€538▲
Amounts payable17/49€869k€856k▼
Amounts payable after more than one year17€563k€565k▲
Financial debts170/4€563k€565k▲
Amounts payable within one year42/48€307k€291k▼
Current portion of amounts payable after more than one year42€90k€84k▼
Trade debts44€67k€44k▼
Suppliers440/4€67k€44k▼
Taxes, remuneration and social security45€33k€40k▲
Taxes450/3€11k€15k▲
Remuneration and social security454/9€22k€25k▲
Other amounts payable47/48€117k€123k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€219k€146k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€67k▲
Other operating charges640/8€2k€5k▲
Non-recurring operating charges66A-€9k
Gross operating margin9900€430k€405k▼
Operating profit (loss)9901€154k€179k▲
Financial income75/76B€491€17▼
Recurring financial income75€491€17▼
Financial charges65/66B€25k€28k▲
Recurring financial charges65€25k€28k▲
Profit (loss) for the period before taxes9903€129k€152k▲
Income taxes67/77€34k€36k▲
Profit (loss) for the period9904€95k€116k▲
Profit (loss) for the period to be appropriated9905€95k€116k▲
Appropriation of the result
Profit (loss) to be appropriated9906€143k€117k▼
Profit (loss) brought forward from the previous period14P€47k€337▼
Profit to be distributed694/7€142k€116k▼
Return on contributions (dividend)694€142k€116k▼
Social balance
Average headcount (FTE)9087-3.4
The notes to these accounts (21 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
02-09
State Gazette act
Registered officeRegistered-office move · Power of attorney3 facts ▸
State Gazette act
Registered office
Registered-office move · Power of attorney3 facts ▸
- General meeting, 16-06-2026
- Registered-office move, Massemsesteenweg 61, 9230 Wetteren
- Power of attorney, BV CRVB Accountancy
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 21 days late
2025
31-12
Financial
Highest result since 2020net €116k ▲21.7%
Operating result €179k, net result €116k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 35 days late
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €12k ▼78%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wetteren · 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.
Massemsesteenweg 619230 WetterenGround area
1,111 m²
Building footprint
333 m²
Volume, LiDAR
1,654 m³
Parcel 42303F0187/00S000, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Le Bistro d' Alizé
since 20192.295.296.053
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42303F0187/00S000 | Flanders | 1,111 m² | 1 · 333 m² | 10.2 m · 1 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWetteren2.295.296.053
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BE 0721.712.563
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BE 0739.795.640
Laarne · Eq €39,025
LORO
BE 0442.687.016
Sint-Agatha-Berchem · Eq €39,056
InspiRei
BE 0899.121.902
Merelbeke-Melle · Eq €39,008
SEUMULHANA
BE 0748.701.428
Gent · Eq €39,082
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,703 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
Founded16-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.