VANATEX
ActiveSummary
VANATEX has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €533k and a net result of €-41k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▼-19
Solvency63▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.95 against 1.05 in 2024; short-term debt: 36.9% and cash: 5.6% of total assets), and 62.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
8 d early
2021
on the day
2020
1 d late
2019
32 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€533k▼ 7.2%
2024 · €574k
2019: €277k
2020: €306k
2021: €358k
2022: €427k
2023: €536k
2024: €574k
2019 → 2025
Total assets
€1.42M▼ 12.9%
2024 · €1.63M
2019: €1.58M
2020: €1.50M
2021: €1.51M
2022: €1.71M
2023: €1.62M
2024: €1.63M
2019 → 2025
Net result
€-41k
2024 · €38k
2019: €37k
2020: €30k
2021: €52k
2022: €102k
2023: €122k
2024: €38k
2019 → 2025
Working capital
€-24k
2024 · €26k
2019: €243k
2020: €248k
2021: €155k
2022: €115k
2023: €-25k
2024: €26k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€358k-€427k▲ 19.2%€536k▲ 25.8%€574k▲ 7.1%€533k▼ 7.2%
Operating result€80k-€137k▲ 70.6%€157k▲ 14.7%€68k▼ 56.5%€-24k
Net result€52k-€102k▲ 97.6%€122k▲ 19.8%€38k▼ 68.9%€-41k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €24k after €68k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.42M
Fixed assets
€918k ▼ 10.8%
Current assets
€499k ▼ 16.5%
Equity and liabilities €1.42M
Equity
€533k ▼ 7.2%
Debt
€883k ▼ 16.0%
Debt's share of the balance-sheet total falls from 64.7% to 62.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€134k▼
2024 · €224k
Cash flow
€117k▼
2024 · €193k
Current ratio
0.95▼
2024 · 1.05
Quick ratio
0.42▼
2024 · 0.56
Debt to equity
1.66▼
2024 · 1.83
ROE
-7.8%▼
2024 · 6.6%
ROA
-2.9%▼
2024 · 2.3%
Interest coverage
4.59▼
2024 · 7.89
Debt ≤ 1 year
€523k▼
2024 · €571k
Debt > 1 year
€349k▼
2024 · €469k
Income taxes
€267▼
2024 · €12k
Staff costs
€403k▲
2024 · €285k
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 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.63M€1.42M▼
Fixed assets21/28€1.03M€918k▼
Intangible fixed assets21€75k€80k▲
Tangible fixed assets22/27€953k€837k▼
Land and buildings22€784k€737k▼
Plant, machinery and equipment23€129k€72k▼
Furniture and vehicles24€40k€29k▼
Current assets29/58€597k€499k▼
Stocks and contracts in progress3€276k€281k▲
Stocks30/36€276k€281k▲
Amounts receivable within one year40/41€150k€126k▼
Trade receivables40€146k€116k▼
Other amounts receivable41€5k€11k▲
Cash at bank and in hand54/58€153k€79k▼
Deferred charges and accrued income490/1€17k€12k▼
Equity and liabilities
Total equity and liabilities10/49€1.63M€1.42M▼
Equity10/15€574k€533k▼
Contributions10/11€269k€269k=
Reserves13€306k€264k▼
Distributable reserves133€306k€264k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€1.05M€883k▼
Amounts payable after more than one year17€469k€349k▼
Financial debts170/4€469k€349k▼
Amounts payable within one year42/48€571k€523k▼
Current portion of amounts payable after more than one year42€103k€100k▼
Financial debts43€70k€75k▲
Credit institutions430/8€70k€75k▲
Trade debts44€157k€103k▼
Suppliers440/4€157k€103k▼
Taxes, remuneration and social security45€65k€86k▲
Taxes450/3€18k€31k▲
Remuneration and social security454/9€47k€55k▲
Other amounts payable47/48€176k€159k▼
Accrued charges and deferred income492/3€12k€11k▼
Income statement
Code20242025
Non-recurring operating income76A€733€17k▲
Remuneration, social security and pensions62€285k€403k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€155k€158k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-621€-50▲
Other operating charges640/8€7k€6k▼
Non-recurring operating charges66A€0€2k▲
Gross operating margin9900€514k€545k▲
Operating profit (loss)9901€68k€-24k▼
Financial income75/76B€10k€12k▲
Recurring financial income75€10k€12k▲
Financial charges65/66B€28k€29k▲
Recurring financial charges65€28k€29k▲
Profit (loss) for the period before taxes9903€50k€-41k▼
Income taxes67/77€12k€267▼
Profit (loss) for the period9904€38k€-41k▼
Profit (loss) for the period to be appropriated9905€38k€-41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€-41k▼
Transfer from equity791/2-€41k
Transfer to equity691/2€38k€0▼
To other reserves6921€38k€0▼
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)90876.77.9▲
The notes to these accounts (29 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-41k
Net result drops to €-41k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Highest result since 2019net €122k ▲19.8%
Operating result €157k, net result €122k, both a record.
30-06
Financial
Equity above €500kEq €536k ▲25.8%
5 profitable years in a row build equity to €536k.
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Lendelede · 1 establishment unit since 2009
Ground area
1,836 m²
Building footprint
945 m²
Volume, LiDAR
4,948 m³
Parcel 34025C0860/00X000, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Vanatex
since 20092.182.527.813
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34025C0860/00X000 | Flanders | 1,836 m² | 1 · 945 m² | 10.8 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 6,218 EUR awarded · 5,301 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 443 EUR | 443 EUR |
| 2022 | 1 | 5,775 EUR | 4,858 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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BOUGARD BINCHE PROTECTION
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SMALVILLE
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SODERMANS
BE 0401.348.485
Hasselt · Eq €493k
Of 459 companies in sector 47712 we hold annual accounts for 268. 174 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
Founded01-10-2009
Fiscal year end30-06
Activities, NACEBEL 2025
47712Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
13300Finishing of textiles
46421Wholesale trade
46423Wholesale of clothing, excluding workwear and underwear
47711Retail sale of women's outerwear
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.