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VANASSCHE SERVICES

Active
Public limited companyfounded 200025 yrs activeBrugsestraat 153, 8531 Harelbeke, BelgiumKBO/BCE: BE 0473.397.315
Summary

VANASSCHE SERVICES has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.6m and a net result of €327,284. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 90% of 93 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Manufacture of motor vehicles, trailers and semi-trailers
NACE 29100NACE 34100NACE 45204
1 site
Size
€4.0mtotal assets 2025
Staff
17.4 FTE
Equity
€3.6m
Profit
€327,284
Net result -58%: 12-month year
Financial health
97 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Parent
SCHIETHOEK · 99.84%
Board
3 members
Accounts 23 d early1 of 10 deeds read
Why 97+ Liquidity: current ratio 8.38, cash €852,384+ Equity €3.6m (88.9% of total assets)+ Founded in 2000+ Profit of €327,284 (FY 2025)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Better than 75% of its sector peers (NACE 29, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 100=
equity 88.9% of total assets
Liquidity 76+5
short-term debt 11.1% · cash 21.3%
Profitability 79-16
return on assets 8.2%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (60 companies)
Last 24 months 11-2024: 0.3%highest value 12-2024: 0.3%● 0.0% vs 11-2024highest value 01-2025: < 0.1%▼ -88.3% vs 12-2024 02-2025: < 0.1%● 0.0% vs 01-2025 03-2025: < 0.1%● 0.0% vs 02-2025 04-2025: < 0.1%● 0.0% vs 03-2025 05-2025: < 0.1%● 0.0% vs 04-2025 06-2025: < 0.1%● 0.0% vs 05-2025 07-2025: < 0.1%● 0.0% vs 06-2025 08-2025: < 0.1%● 0.0% vs 07-2025 09-2025: < 0.1%▲ +5.9% vs 08-2025 10-2025: < 0.1%▲ +5.6% vs 09-2025 11-2025: < 0.1%▲ +2.6% vs 10-2025 12-2025: < 0.1%▲ +2.6% vs 11-2025 01-2026: < 0.1%▲ +12.5% vs 12-2025 02-2026: < 0.1%▼ -40.0% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: < 0.1%● 0.0% vs 03-2026 05-2026: < 0.1%● 0.0% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%▼ -3.7% vs 06-2026lowest value 08-2026: < 0.1%● 0.0% vs 07-2026lowest value 09-2026: < 0.1%● 0.0% vs 08-2026lowest value 10-2026: < 0.1%▲ +7.7% vs 09-2026
  • Liquidity: current ratio 8.38, cash €852,384 lowers the probability
  • Equity €3.6m (88.9% of total assets) lowers the probability
  • Founded in 2000 lowers the probability for this profile
  • Profit of €327,284 (FY 2025) lowers the probability
Credit up to €340,000 at 30 days acceptable
Liquidity ample (current ratio 8.38 against 6.55 in 2024; short-term debt: 11.1% and cash: 21.3% of total assets), and 11.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 29, small). Better than this share of them on solvency 91%, liquidity 90%, profitability 62%, growth against the median 58%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Liquidity: current ratio 8.38, cash €852,384
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €3.6m (88.9% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 2000
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Profit of €327,284 (FY 2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
192021222425
2019 to 2025 · latest year €3.6m
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-01-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
42 d early
2022
1 d early
2021
40 d early
2020
42 d early
2019
51 d early
2018
64 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close04-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Appointment: JHM Projects (director)Permanent representative: Jürgen Gekiere ·…
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Among the best 7% on equitysector median €392,947 · 93 companies €3.6m View
  • New directorslatest change 03-03-2026 · 3 in office 3 joined View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Result fell in 202512-month fiscal year ▼ 58.2% View
  • Controlled by SCHIETHOEK 99.84% View
  • Positive: 6 profitable years in a rowprofit 2025: €327,284 6 years View

By topic

Financials

Fiscal year
2025
Total assets
€4.0m
Profit
€327,284
Solvency
88.9%
Turnover▼ 17.4%
Net result
20192020
Go to Financials

Timeline

Events
13
Since
2016
Next accounts
by 31-01-2027
  1. 26-03-2026Appointment: JHM Projects (director)
  2. 08-01-2026Annual accounts filed
  3. 20-12-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of motor vehicles, trailers and semi-trailersNACE 29100
Founded
01-12-2000
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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