VANSTEENKISTE TECHNICS
ActiveVANSTEENKISTE TECHNICS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €70k and a net result of €-12k. Equity is growing by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability6▼-65
Solvency82▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 3.12 in 2023; short-term debt: 36.4% and cash: 0% of total assets), and 42.8% 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 43
Relative position
BE, all sectors
reference
Sector 43
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
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
57.2%
Return on assets
-10.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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
25 d late
2023
30 d late
2022
11 d early
2021
17 d early
2020
9 d early
2019
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€70k▼ 15.0%
2023 · €82k
2018: €29k
2019: €35k
2020: €47k
2021: €64k
2022: €80k
2023: €82k
2018 → 2024
Total assets
€122k▼ 6.3%
2023 · €130k
2018: €53k
2019: €60k
2020: €70k
2021: €105k
2022: €115k
2023: €130k
2018 → 2024
Net result
€-12k
2023 · €2k
2018: €4k
2019: €6k
2020: €12k
2021: €17k
2022: €16k
2023: €2k
2018 → 2024
Working capital
€61k▼ 13.7%
2023 · €70k
2018: €26k
2019: €35k
2020: €37k
2021: €56k
2022: €74k
2023: €70k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€47k-€64k▲ 35.7%€80k▲ 25.2%€82k▲ 2.8%€70k▼ 15.0%
Operating result€20k-€25k▲ 21.1%€24k▼ 1.8%€5k▼ 79.1%€-10k
Net result€12k-€17k▲ 45.3%€16k▼ 4.1%€2k▼ 86.2%€-12k
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 €10k after €5k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €122k
Fixed assets
€17k▼ 36.4%
Current assets
€105k▲ 1.3%
Equity and liabilities €122k
Equity
€70k▼ 15.0%
Debt
€52k▲ 8.7%
The debt ratio rises from 36.9% to 42.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-858▼
2023 · €14k
Cash flow
€-3k▼
2023 · €12k
Solvency
57.2%▼
2023 · 63.1%
Current ratio
2.37▼
2023 · 3.12
Quick ratio
2.19▼
2023 · 2.85
Debt / equity
0.75▲
2023 · 0.58
ROE
-17.7%▼
2023 · 2.7%
ROA
-10.1%▼
2023 · 1.7%
Interest coverage
-0.63▼
2023 · 9.99
Debt
€52k▲
2023 · €48k
Debt ≤ 1 year
€44k▲
2023 · €33k
Debt > 1 year
€8k▼
2023 · €15k
Income taxes
€578▼
2023 · €2k
Staff costs
€0▼
2023 · €14
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€130k€122k▼
Fixed assets21/28€26k€17k▼
Tangible fixed assets22/27€26k€17k▼
Plant, machinery and equipment23-€580
Furniture and vehicles24€26k€16k▼
Current assets29/58€104k€105k▲
Stocks and contracts in progress3€9k€8k▼
Stocks30/36€9k€8k▼
Amounts receivable within one year40/41€83k€97k▲
Trade receivables40€54k€70k▲
Other amounts receivable41€28k€26k▼
Cash at bank and in hand54/58€11k€0▼
Deferred charges and accrued income490/1€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€130k€122k▼
Equity10/15€82k€70k▼
Contributions10/11€19k€19k=
Reserves13€63k€54k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€61k€52k▼
Profit (loss) carried forward14-€-3k
Amounts payable17/49€48k€52k▲
Amounts payable after more than one year17€15k€8k▼
Financial debts170/4€15k€8k▼
Amounts payable within one year42/48€33k€44k▲
Current portion of amounts payable after more than one year42-€7k
Financial debts43€7k€1k▼
Credit institutions430/8€7k€1k▼
Trade debts44€3k€16k▲
Suppliers440/4€3k€16k▲
Taxes, remuneration and social security45€16k€13k▼
Taxes450/3€16k€13k▼
Other amounts payable47/48€7k€7k=
Income statement
Code20232024
Remuneration, social security and pensions62€14€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€18k€2k▼
Operating profit (loss)9901€5k€-10k▼
Financial income75/76B€986€0▼
Recurring financial income75€986€0▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€5k€-12k▼
Income taxes67/77€2k€578▼
Profit (loss) for the period9904€2k€-12k▼
Profit (loss) for the period to be appropriated9905€2k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-12k▼
Transfer from equity791/2-€9k
Transfer to equity691/2€2k€0▼
To other reserves6921€2k€0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet €-12k ▼657%
Net result drops to €-12k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €17k ▲45.3%
Operating result €25k, net result €17k, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Harelbeke · 1 establishment unit since 2004
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.
Berkenlaan 1028530 HarelbekeGround area
445 m²
Building footprint
109 m²
Volume, LiDAR
598 m³
Parcel 34322B0410/00M011, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VANSTEENKISTE PATRICK
since 20042.137.994.123
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322B0410/00M011 | Flanders | 445 m² | 1 · 109 m² | 6.4 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.
Similar companies · same sector, comparable size
VDK CHAUFFCONFORT
BE 0542.890.489
Etterbeek · Eq €70k
Climatech
BE 0848.245.697
Antwerpen · Eq €69k
G.V.N. SERVICE
BE 0524.917.280
Haaltert · Eq €70k
V.W.M. CONSTRUCT
BE 0784.822.941
Oupeye · Eq €70k
SANIBUHLER
BE 0432.419.862
Anderlecht · Eq €70k
Of 7,039 companies in sector 43221 we hold annual accounts for 3,469. 3,040 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded31-12-2003
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
45332
43410Roofing work
45220
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.