VANO

Active

Private limited companyfounded 2003active for 23 yearsMatrozenlaan 5, 8620 Nieuwpoort, BelgiumKBO/BCE: BE 0480.380.325

Summary

VANO has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €669,134 and a net result of €67,646, of which €50,514 non-recurring income. Equity is growing by about 9.5% per year across the filed financial years. Its solvency ranks better than 94% of 17,057 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

VANOActiveChecked score 98/100

Risk analysis Report Compare

Activity

Development of residential building projects

NACE 68121

1 site

Size

€720,406total assets 2025

Equity: €669,134
Profit: €67,646

Turnover not published (micro format)

Financial health

98 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

NORRÉ Eric César LéonDirector
Degraeve RitaDirector

2025 accounts 31 days early3 of 10 deeds summarised

Why 98lowers riskLiquidity: current ratio 5.03, cash €222,882Equity €669,134 (92.9% of total assets)Size: total assets €720,406Figures for financial year 2025 (filed 01-04-2026)Show the evidence

Checked score

Score 2025

98 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 82% of its sector peers (NACE 68, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 92.9% of total assets

Liquidity 89+6

short-term debt 7.1% · cash 30.9%

Profitability 80+2

return on assets 9.4%

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 0.2% (26,617 companies, NACE 68, micro)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025highest value 06-2025: < 0.1%▼ -0.1 percentage points vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value

Credit of up to €65,000 on 30-day terms is acceptable

Liquidity ample (current ratio 5.03, compared with 2.67 in 2024, above the usual 1.5; short-term debt: 7.1% and cash: 30.9% of total assets), and 7.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 91% on solvency, 91% on liquidity, 78% on profitability and 67% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskneutral

Liquidity: current ratio 5.03, cash €222,882

NBB · annual accounts

Equity €669,134 (92.9% of total assets)

NBB · annual accounts

Size: total assets €720,406

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Figures for financial year 2025 (filed 01-04-2026)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

31 days early

2024

on the day

2023

28 days early

2022

9 days early

2021

31 days early

2020

9 days early

2019

36 days 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 21 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 3 April (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end28-10-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

08-09-2026 Resignation: Eric NORRÉ (director)Power of attorney
30-03-2026 Annual accounts filedfinancial year 2025 · micro…
30-09-2025 Highest result from 2019 to 2025net €67,646 ▲39.6%

Key points

Positive: Among the best 7% on solvencysector median 29.0% · 17,057 companies 92.9% View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
A director leftlatest change 31-05-2026 · 2 in office 1 left View
Positive: 5 profitable years in a rowprofit 2025: €67,646, mostly one-off 5 years View

By topic

Financials

Financial year: 2025
Total assets: €720,406
Profit: €67,646
Solvency: 92.9%

Total assets▲ 5.3%

Net result

20192025

Go to Financials

Board & ownership

Board: 2 members

NORRÉ Eric César LéonDirector
Degraeve RitaDirector

Go to Board & ownership

Timeline

Events: 29
Since: 2005
Next accounts: by 30-04-2027

30-04-2025Annual accounts filed
02-04-2024Annual accounts filed
02-10-2023Appointment: Degraeve Rita (director)

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Development of residential building projectsNACE 68121
Founded: 28-05-2003
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 18

Who signs: Each director alone
Annual meeting: Third Monday of March at 11:00
Purpose: “Uitbating van kampeerterrein met aanhorigheden,cafétaria,restaurant,verbruiksalen,enz....g…” (deed in Dutch)

Go to Articles of association

Key facts about VANO

What is the company number of VANO?: 0480.380.325. In Belgium the VAT number is the company number with BE in front: BE 0480.380.325.
Where is VANO based?: The registered office is at Matrozenlaan 5, 8620 Nieuwpoort.Company details
What does VANO do?: According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of VANO?: Private limited company (BV).
When was VANO founded?: On 28-05-2003.
Is VANO still active?: Yes, VANO is an active enterprise in the KBO register.
What is the turnover of VANO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is VANO profitable?: In financial year 2025, VANO made a profit of €67,646.
Where can I find the annual accounts of VANO?: VANO filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VANO due?: By 30-04-2027, for financial year 2026.Timeline