VANSTEENLANDT & C°
ActiveSummary
VANSTEENLANDT & C° has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €548k and a net result of €-7k. Equity is shrinking by ~17.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 50% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
50
/ 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
Profitability28▼-48
Solvency56▼-13
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.48 against 1.0 in 2023; short-term debt: 65.8% and cash: 1.4% of total assets), and 69.4% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
30.6%
Return on assets
-0.4%
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 27-09-2025, 58 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
58 d late
2023
30 d late
2022
75 d late
2021
24 d late
2020
11 d early
2019
46 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€548k▼ 52.6%
2023 · €1.15M
2018: €3.43M
2019: €3.27M
2020: €3.16M
2021: €3.05M
2022: €1.91M
2023: €1.15M
2018 → 2024
Total assets
€1.79M▼ 31.6%
2023 · €2.62M
2018: €4.81M
2019: €3.97M
2020: €3.77M
2021: €3.63M
2022: €2.54M
2023: €2.62M
2018 → 2024
Net result
€-7k
2023 · €151k
2018: €-17k
2019: €-156k
2020: €-114k
2021: €-110k
2022: €-37k
2023: €151k
2018 → 2024
Working capital
€-618k
2023 · €3k
2018: €1.21M
2019: €1.03M
2020: €899k
2021: €818k
2022: €-308k
2023: €3k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3.16M-€3.05M▼ 3.5%€1.91M▼ 37.3%€1.15M▼ 39.7%€548k▼ 52.6%
Operating result€-78k-€-85k▼ 9.3%€-12k▲ 85.6%€196k€35k▼ 82.3%
Net result€-114k-€-110k▲ 3.2%€-37k▲ 66.5%€151k€-7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 82% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.79M
Fixed assets
€1.23M ▲ 2.2%
Current assets
€561k ▼ 60.4%
Equity and liabilities €1.79M
Equity
€548k ▼ 52.6%
Debt
€1.24M ▼ 15.1%
Debt's share of the balance-sheet total rises from 55.9% to 69.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€52k▼
2023 · €212k
Cash flow
€11k▼
2023 · €168k
Current ratio
0.48▼
2023 · 1.00
Debt to equity
2.27▲
2023 · 1.27
ROE
-1.2%▼
2023 · 13.1%
ROA
-0.4%▼
2023 · 5.8%
Interest coverage
1.14▼
2023 · 6.44
Debt ≤ 1 year
€1.18M▼
2023 · €1.41M
Debt > 1 year
€8k▼
2023 · €20k
Income taxes
€1k▼
2023 · €14k
Staff costs
€32k▲
2023 · €19k
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 · 2024 against 2023 · 59 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.62M€1.79M▼
Fixed assets21/28€1.20M€1.23M▲
Tangible fixed assets22/27€196k€222k▲
Land and buildings22€154k€159k▲
Plant, machinery and equipment23€0€1k▲
Furniture and vehicles24€42k€61k▲
Financial fixed assets28€1.01M€1.01M=
Current assets29/58€1.42M€561k▼
Amounts receivable after more than one year29€0€100k▲
Other amounts receivable291€0€100k▲
Amounts receivable within one year40/41€0€182▲
Trade receivables40€0-
Other amounts receivable41-€182
Current investments50/53€1.35M€432k▼
Cash at bank and in hand54/58€60k€25k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€2.62M€1.79M▼
Equity10/15€1.15M€548k▼
Contributions10/11€97k€97k=
Capital10€97k€97k=
Issued capital100€97k€97k=
Reserves13€1.06M€456k▼
Non-distributable reserves130/1€120k€120k=
Legal reserve130€120k€120k=
Distributable reserves133€936k€336k▼
Profit (loss) carried forward14€999€-6k▼
Amounts payable17/49€1.46M€1.24M▼
Amounts payable after more than one year17€20k€8k▼
Financial debts170/4€20k€8k▼
Other amounts payable178/9€0-
Amounts payable within one year42/48€1.41M€1.18M▼
Current portion of amounts payable after more than one year42€12k€13k▲
Trade debts44€40k€10k▼
Suppliers440/4€40k€10k▼
Taxes, remuneration and social security45€13k€823▼
Remuneration and social security454/9€13k€823▼
Other amounts payable47/48€1.35M€1.15M▼
Accrued charges and deferred income492/3€32k€57k▲
Income statement
Code20232024
Non-recurring operating income76A€276k€0▼
Remuneration, social security and pensions62€19k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▲
Other operating charges640/8€28k€23k▼
Gross operating margin9900€260k€107k▼
Operating profit (loss)9901€196k€35k▼
Financial income75/76B€3k€6k▲
Recurring financial income75€3k€6k▲
Financial charges65/66B€33k€46k▲
Recurring financial charges65€33k€46k▲
Profit (loss) for the period before taxes9903€165k€-5k▼
Income taxes67/77€14k€1k▼
Profit (loss) for the period9904€151k€-7k▼
Profit (loss) for the period to be appropriated9905€151k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€124k€-6k▼
Profit (loss) brought forward from the previous period14P€-27k€999▲
Transfer from equity791/2€789k€600k▼
Transfer to equity691/2€123k-
To other reserves6921€123k-
Profit to be distributed694/7€789k€600k▼
Return on contributions (dividend)694€789k€600k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €151k
Net result €151k after 5 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.00
Current ratio from 0.46 to 1.00.
14-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 75 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
31-12
Financial
Weakest financial yearnet €-156k
Net result drops to €-156k, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
07-06
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
6 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, Kontich · 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.
Kongostraat 62550 KontichGround area
277 m²
Building footprint
111 m²
Volume, LiDAR
338 m³
Parcel 11024B0296/00W004, Flanders · tallest building 12.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kongostraat 6, 2550 Kontich
since 19982.085.562.356
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0296/00W004 | Flanders | 277 m² | 1 · 111 m² | 12.8 m · 1 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
IMMO K.T.M.
BE 0427.861.357
Antwerpen · Eq €547,522
DEWULF INVEST
BE 0475.800.044
Roeselare · Eq €546,078
GEME
BE 0643.655.673
Schoten · Eq €544,782
DUMOMAS
BE 0407.549.260
Zwevegem · Eq €552,136
KAIROS RESIDENTIAL PROPERTIES
BE 0876.253.656
Antwerpen · Eq €552,231
Of 3,768 companies in sector 68321 we hold annual accounts for 1,391. 894 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
Founded27-01-1998
Fiscal year end31-12
Activities, NACEBEL 2025
68321Property management for co-owned buildings (syndics)
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.