VANOTRANS
ActiveSummary
VANOTRANS has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €732k and a net result of €32k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 65% of 866 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+1
Solvency78▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.29 in 2024; short-term debt: 46.9% and cash: 28.3% of total assets), and 46.9% of the assets are financed with debt.
Credit check 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 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
53.1%
Return on assets
2.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
7 d early
2023
6 d early
2022
30 d late
2021
5 d early
2020
95 d early
2019
15 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 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€32k▲ 30.6%
2024 · €24k
2018: €-27k
2019: €99k
2020: €-17k
2021: €-39k
2022: €39k
2023: €25k
2024: €24k
2018 → 2025
Working capital
€164k▼ 3.1%
2024 · €169k
2018: €354k
2019: €359k
2020: €279k
2021: €238k
2022: €411k
2023: €302k
2024: €169k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€612k-€651k▲ 6.4%€676k▲ 3.8%€700k▲ 3.6%€732k▲ 4.5%
Operating result€-37k-€41k€26k▼ 36.3%€33k▲ 26.0%€38k▲ 14.7%
Net result€-39k-€39k€25k▼ 37.5%€24k▼ 0.8%€32k▲ 30.6%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.38M
Fixed assets
€568k ▲ 7.0%
Current assets
€810k ▲ 8.7%
Equity and liabilities €1.38M
Equity
€732k ▲ 4.5%
Debt
€646k ▲ 12.1%
Debt's share of the balance-sheet total rises from 45.1% to 46.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€253k▲
2024 · €207k
Cash flow
€247k▲
2024 · €198k
Current ratio
1.25▼
2024 · 1.29
Quick ratio
1.20▼
2024 · 1.24
Debt to equity
0.88▲
2024 · 0.82
ROE
4.3%▲
2024 · 3.5%
ROA
2.3%▲
2024 · 1.9%
Interest coverage
119.88▲
2024 · 97.36
Debt ≤ 1 year
€646k▲
2024 · €576k
Income taxes
€10k▲
2024 · €8k
Staff costs
€469k▲
2024 · €423k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.28M€1.38M▲
Fixed assets21/28€531k€568k▲
Tangible fixed assets22/27€530k€567k▲
Furniture and vehicles24€530k€567k▲
Financial fixed assets28€1k€1k=
Current assets29/58€745k€810k▲
Stocks and contracts in progress3€29k€33k▲
Stocks30/36€29k€33k▲
Amounts receivable within one year40/41€135k€385k▲
Trade receivables40€14k€29k▲
Other amounts receivable41€120k€357k▲
Cash at bank and in hand54/58€579k€390k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.28M€1.38M▲
Equity10/15€700k€732k▲
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€362k€362k=
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Tax-exempt reserves132€330k€330k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€88k€120k▲
Amounts payable17/49€576k€646k▲
Amounts payable within one year42/48€576k€646k▲
Trade debts44€496k€538k▲
Suppliers440/4€496k€538k▲
Taxes, remuneration and social security45€81k€108k▲
Taxes450/3€26k€26k▲
Remuneration and social security454/9€55k€82k▲
Accrued charges and deferred income492/3€39-
Income statement
Code20242025
Remuneration, social security and pensions62€423k€469k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€174k€215k▲
Other operating charges640/8€7k€6k▼
Non-recurring operating charges66A€566€485▼
Gross operating margin9900€638k€728k▲
Operating profit (loss)9901€33k€38k▲
Financial income75/76B€1k€6k▲
Recurring financial income75€1k€6k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€32k€42k▲
Income taxes67/77€8k€10k▲
Profit (loss) for the period9904€24k€32k▲
Profit (loss) for the period to be appropriated9905€24k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€88k€120k▲
Profit (loss) brought forward from the previous period14P€64k€88k▲
Social balance
Average headcount (FTE)90875.86.8▲
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
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Back to profitnet €39k
Net result €39k after 2 loss-making years.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-39k
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €99k
Net result €99k after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Kruisem · 1 establishment unit since 1998
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.
Industriezone(KRU) 209770 KruisemGround area
7,817 m²
Building footprint
2,489 m²
Volume, LiDAR
15,486 m³
Parcel 45017C0768/00F000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Industriezone(KRU) 20, 9770 Kruisem
since 19982.088.861.940
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017C0768/00F000 | Flanders | 7,817 m² | 1 · 2,489 m² | 7.4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKruisem2.088.861.940
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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 4,647 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 formPublic limited company
Founded23-12-1997
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.