VANCATRANS
ActiveSummary
VANCATRANS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.52M and a net result of €334k. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 41% of 1851 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+3
Solvency69▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 1.58 in 2024; short-term debt: 25.7% and cash: 24.1% of total assets), but 56.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 49
Relative position
BE, all sectors
reference
Sector 49
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
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
43.9%
Return on assets
9.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 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 · 10 filingsDeviation from the deadline
2025
47 d late
2024
13 d late
2023
28 d late
2022
31 d late
2021
29 d late
2020
28 d late
2019
31 d late
← 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
€1.52M▲ 28.1%
2024 · €1.19M
2018: €373k
2019: €496k
2020: €580k
2021: €661k
2022: €844k
2023: €935k
2024: €1.19M
2018 → 2025
Total assets
€3.46M▲ 3.6%
2024 · €3.34M
2018: €1.54M
2019: €2.01M
2020: €2.21M
2021: €2.21M
2022: €2.38M
2023: €2.89M
2024: €3.34M
2018 → 2025
Net result
€334k▲ 32.3%
2024 · €252k
2018: €19k
2019: €177k
2020: €84k
2021: €138k
2022: €193k
2023: €90k
2024: €252k
2018 → 2025
Working capital
€938k▲ 81.8%
2024 · €516k
2018: €81k
2019: €146k
2020: €166k
2021: €211k
2022: €333k
2023: €361k
2024: €516k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€661k-€844k▲ 27.6%€935k▲ 10.7%€1.19M▲ 27.0%€1.52M▲ 28.1%
Operating result€193k-€260k▲ 34.6%€127k▼ 51.4%€370k▲ 192%€516k▲ 39.4%
Net result€138k-€193k▲ 40.3%€90k▼ 53.2%€252k▲ 179%€334k▲ 32.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 39% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.46M
Fixed assets
€1.64M ▼ 15.5%
Current assets
€1.83M ▲ 29.9%
Equity and liabilities €3.46M
Equity
€1.52M ▲ 28.1%
Provisions
€73k ▲ 26.5%
Debt
€1.87M ▼ 11.0%
Debt's share of the balance-sheet total falls from 62.8% to 54.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€983k▲
2024 · €805k
Cash flow
€800k▲
2024 · €687k
Current ratio
2.06▲
2024 · 1.58
Debt to equity
1.23▼
2024 · 1.77
ROE
21.9%▲
2024 · 21.3%
ROA
9.6%▲
2024 · 7.5%
Interest coverage
22.82▼
2024 · 23.15
Debt ≤ 1 year
€888k▼
2024 · €890k
Debt > 1 year
€969k▼
2024 · €1.20M
Income taxes
€136k▲
2024 · €78k
Staff costs
€1.34M▲
2024 · €1.20M
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 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.34M€3.46M▲
Fixed assets21/28€1.94M€1.64M▼
Tangible fixed assets22/27€1.92M€1.62M▼
Land and buildings22€329k€300k▼
Plant, machinery and equipment23€46k€41k▼
Furniture and vehicles24€1.54M€1.28M▼
Financial fixed assets28€18k€18k▲
Current assets29/58€1.41M€1.83M▲
Amounts receivable within one year40/41€613k€695k▲
Trade receivables40€571k€674k▲
Other amounts receivable41€41k€21k▼
Current investments50/53€350k€276k▼
Cash at bank and in hand54/58€416k€834k▲
Deferred charges and accrued income490/1€27k€21k▼
Equity and liabilities
Total equity and liabilities10/49€3.34M€3.46M▲
Equity10/15€1.19M€1.52M▲
Contributions10/11€6k€6k=
Reserves13€1.18M€1.51M▲
Tax-exempt reserves132€177k€223k▲
Distributable reserves133€1.00M€1.29M▲
Provisions and deferred taxes16€58k€73k▲
Deferred taxes168€58k€73k▲
Amounts payable17/49€2.10M€1.87M▼
Amounts payable after more than one year17€1.20M€969k▼
Financial debts170/4€1.20M€969k▼
Amounts payable within one year42/48€890k€888k▼
Current portion of amounts payable after more than one year42€457k€463k▲
Financial debts43€8k€7k▼
Credit institutions430/8€8k€7k▼
Trade debts44€187k€188k▲
Suppliers440/4€187k€188k▲
Taxes, remuneration and social security45€238k€231k▼
Taxes450/3€61k€63k▲
Remuneration and social security454/9€177k€167k▼
Accrued charges and deferred income492/3€11k€11k▲
Income statement
Code20242025
Non-recurring operating income76A€68k€84k▲
Remuneration, social security and pensions62€1.20M€1.34M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€434k€467k▲
Other operating charges640/8€273k€335k▲
Non-recurring operating charges66A€2k€249▼
Gross operating margin9900€2.28M€2.65M▲
Operating profit (loss)9901€370k€516k▲
Financial income75/76B€9k€13k▲
Recurring financial income75€9k€13k▲
Financial charges65/66B€35k€43k▲
Recurring financial charges65€35k€43k▲
Profit (loss) for the period before taxes9903€344k€485k▲
Transfer from deferred taxes780€3k€4k▲
Transfer to deferred taxes680€17k€19k▲
Income taxes67/77€78k€136k▲
Profit (loss) for the period9904€252k€334k▲
Transfer from tax-exempt reserves789€10k€12k▲
Transfer to tax-exempt reserves689€51k€58k▲
Profit (loss) for the period to be appropriated9905€211k€288k▲
Appropriation of the result
Profit (loss) to be appropriated9906€211k€288k▲
Transfer to equity691/2€211k€288k▲
To contributions691€0-
To other reserves6921€211k€288k▲
Social balance
Average headcount (FTE)908719.420.5▲
The notes to these accounts (27 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
16-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 47 days late
2025
31-12
Financial
Highest result since 2018net €334k ▲32.3%
Operating result €516k, net result €334k, both a record.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 13 days late
2024
31-12
Financial
Equity above €1MEq €1.19M ▲27%
7 profitable years in a row build equity to €1.19M.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 28 days late
2020
31-12
Financial
Equity above €500kEq €580k ▲17%
3 profitable years in a row build equity to €580k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Ledegem · 1 establishment unit since 2008
Ground area
3,204 m²
Building footprint
191 m²
Volume, LiDAR
1,054 m³
Parcel 36010D0339/00Y000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VANCATRANS
since 20082.167.648.112
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36010D0339/00Y000 | Flanders | 3,204 m² | 1 · 191 m² | 8.4 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 · 5 entries · 15,498 EUR awarded · 15,498 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,343 EUR | 1,212 EUR |
| 2024 | 1 | 1,356 EUR | 1,356 EUR |
| 2023 | 2 | 12,680 EUR | 12,811 EUR |
| 2022 | 1 | 119 EUR | 119 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteLedegem2.167.648.112
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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 3,856 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
Founded05-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52249Warehousing and support activities for transportation
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.