VANCLEE
ActiveVANCLEE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €90k and a net result of €-15k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 57% of 26052 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▼-32
Solvency66▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.38 against 0.38 in 2023; short-term debt: 47.3% and cash: 0.5% of total assets), and 58.9% 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
41.1%
Return on assets
-6.9%
Age of the figures
21 mo
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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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
not confirmed
2024
27 d late
2023
27 d late
2022
25 d late
2021
29 d late
2020
31 d late
2019
21 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€90k▼ 14.4%
2023 · €105k
2018: €51k
2019: €52k
2020: €73k
2021: €99k
2022: €98k
2023: €105k
2018 → 2024
Total assets
€220k▼ 8.4%
2023 · €240k
2018: €227k
2019: €243k
2020: €231k
2021: €229k
2022: €227k
2023: €240k
2018 → 2024
Net result
€-15k
2023 · €7k
2018: €-12k
2019: €1k
2020: €21k
2021: €26k
2022: €-685
2023: €7k
2018 → 2024
Working capital
€-64k▲ 16.0%
2023 · €-77k
2018: €-85k
2019: €-105k
2020: €-101k
2021: €-91k
2022: €-84k
2023: €-77k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€73k-€99k▲ 35.8%€98k▼ 0.7%€105k▲ 7.6%€90k▼ 14.4%
Operating result€32k-€34k▲ 7.2%€6k▼ 83.2%€20k▲ 250%€-8k
Net result€21k-€26k▲ 24.0%€-685€7k€-15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €8k after €20k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €220k
Fixed assets
€180k▼ 6.4%
Current assets
€40k▼ 16.2%
Equity and liabilities €220k
Equity
€90k▼ 14.4%
Debt
€129k▼ 3.6%
The debt ratio rises from 56.0% to 58.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€8k▼
2023 · €34k
Cash flow
€449▼
2023 · €21k
Solvency
41.1%▼
2023 · 44.0%
Current ratio
0.38▼
2023 · 0.38
Quick ratio
0.27▲
2023 · 0.27
Debt / equity
1.43▲
2023 · 1.27
ROE
-16.8%▼
2023 · 7.0%
ROA
-6.9%▼
2023 · 3.1%
Interest coverage
1.01▼
2023 · 3.39
Debt
€129k▼
2023 · €134k
Debt ≤ 1 year
€104k▼
2023 · €124k
Debt > 1 year
€25k▲
2023 · €10k
Income taxes
€222▼
2023 · €3k
Staff costs
€28k▲
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€240k€220k▼
Fixed assets21/28€193k€180k▼
Tangible fixed assets22/27€193k€179k▼
Land and buildings22€169k€162k▼
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€20k€12k▼
Financial fixed assets28-€2k
Current assets29/58€47k€40k▼
Stocks and contracts in progress3€14k€11k▼
Stocks30/36€14k€11k▼
Amounts receivable within one year40/41€29k€25k▼
Trade receivables40€17k€16k▼
Other amounts receivable41€13k€10k▼
Cash at bank and in hand54/58€1k€1k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€240k€220k▼
Equity10/15€105k€90k▼
Contributions10/11€50k€50k=
Reserves13€18k€18k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€37k€22k▼
Amounts payable17/49€134k€129k▼
Amounts payable after more than one year17€10k€25k▲
Financial debts170/4€10k€25k▲
Amounts payable within one year42/48€124k€104k▼
Current portion of amounts payable after more than one year42€3k€7k▲
Financial debts43€57k€33k▼
Other loans439€57k€33k▼
Trade debts44€13k€14k▲
Suppliers440/4€13k€14k▲
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€6k€3k▼
Remuneration and social security454/9€2k€7k▲
Other amounts payable47/48€43k€39k▼
Income statement
Code20232024
Non-recurring operating income76A€4k-
Remuneration, social security and pensions62€9k€28k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€16k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€47k€38k▼
Operating profit (loss)9901€20k€-8k▼
Financial income75/76B€888€601▼
Recurring financial income75€888€601▼
Financial charges65/66B€10k€8k▼
Recurring financial charges65€10k€8k▼
Profit (loss) for the period before taxes9903€11k€-15k▼
Income taxes67/77€3k€222▼
Profit (loss) for the period9904€7k€-15k▼
Profit (loss) for the period to be appropriated9905€7k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€22k▼
Profit (loss) brought forward from the previous period14P€30k€37k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €-15k ▼304%
Net result drops to €-15k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Equity above €100kEq €105k ▲7.6%
Equity rises from €98k to €105k.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Highest result since 2018net €26k ▲24%
Operating result €34k, net result €26k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Tongeren-Borgloon · 1 establishment unit since 2007
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.
Bilzersteenweg 5553700 Tongeren-BorgloonGround area
746 m²
Building footprint
246 m²
Volume, LiDAR
1,195 m³
Parcel 73026A0748/00P002, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ATELIER CHIEL
since 20072.163.978.146
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73026A0748/00P002 | Flanders | 746 m² | 1 · 246 m² | 7.9 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 2023 · 2 entries · 277 EUR awarded · 277 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 126 EUR | 126 EUR |
| 2022 | 1 | 151 EUR | 151 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteTongeren-Borgloon2.163.978.146
Similar companies · same sector, comparable size
DE SERRE
BE 0564.748.945
Dilbeek · Eq €90k
HEDERA TROPIC FLOWER
BE 0473.469.173
Schaarbeek · Eq €90k
BLOEMEN CHRIS
BE 0473.584.880
Lochristi · Eq €90k
POTTERIE HULSENS
BE 0465.535.167
Bonheiden · Eq €90k
SOCIETE DE DIFFUSION FLORALE
BE 0433.782.614
Lasne · Eq €90k
Of 3,386 companies in sector 47761 we hold annual accounts for 1,156. 915 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-07-2007
Fiscal year end31-12
Activities, NACEBEL
47761Retail sale of flowers, plants, seeds and fertilisers
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.atelierchiel.be
E-mail:hey@atelierchiel.be