VANTHIMO
ActiveSummary
VANTHIMO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-44k) and a net result of €-82k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-85
Solvency17▼-11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 1.0 in 2024; short-term debt: 68.4% and cash: 5.8% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-8.3%
Return on assets
-15.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-44k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 d early
2024
30 d late
2023
44 d early
2022
17 d late
2021
39 d early
2020
19 d late
2019
138 d late
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-44k
2024 · €38k
2019: €-47k
2020: €-87k▼ -85.3% vs 2019
2021: €-167k▼ -91.5% vs 2020
2022: €-217k▼ -30.4% vs 2021
2023: €-300k▼ -38.2% vs 2022lowest in 7 years
2024: €38k▲ +113% vs 2023highest in 7 years
2025: €-44k▼ -216% vs 2024
2019 → 2025
Total assets
€534k▼ 58.7%
2024 · €1.29M
2019: €302klowest in 7 years
2020: €306k▲ +1.2% vs 2019
2021: €595k▲ +94.4% vs 2020
2022: €1.01M▲ +70.5% vs 2021
2023: €2.59M▲ +155% vs 2022highest in 7 years
2024: €1.29M▼ -50.0% vs 2023
2025: €534k▼ -58.7% vs 2024
2019 → 2025
Net result
€-82k
2024 · €338k
2019: €-66k
2020: €-40k▲ +38.9% vs 2019
2021: €-80k▼ -98.8% vs 2020
2022: €-51k▲ +36.4% vs 2021
2023: €-83k▼ -64.0% vs 2022lowest in 7 years
2024: €338k▲ +507% vs 2023highest in 7 years
2025: €-82k▼ -124% vs 2024
2019 → 2025
Working capital
€-105k
2024 · €4k
2019: €-335k
2020: €-155k▲ +53.7% vs 2019
2021: €-258k▼ -66.1% vs 2020
2022: €-370k▼ -43.5% vs 2021lowest in 7 years
2023: €-329k▲ +11.2% vs 2022
2024: €4k▲ +101% vs 2023highest in 7 years
2025: €-105k▼ -2874% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-167k-€-217k▼ 30.4%€-300k▼ 38.2%€38k€-44k
2021: €-167k
2022: €-217k▼ -30.4% vs 2021
2023: €-300k▼ -38.2% vs 2022lowest in 5 years
2024: €38k▲ +113% vs 2023highest in 5 years
2025: €-44k▼ -216% vs 2024
Operating result€-71k-€-27k▲ 61.7%€331€515k▲ 155,394%€-69k
2021: €-71klowest in 5 years
2022: €-27k▲ +61.7% vs 2021
2023: €331▲ +101% vs 2022
2024: €515k▲ +155394% vs 2023highest in 5 years
2025: €-69k▼ -113% vs 2024
Net result€-80k-€-51k▲ 36.4%€-83k▼ 64.0%€338k€-82k
2021: €-80k
2022: €-51k▲ +36.4% vs 2021
2023: €-83k▼ -64.0% vs 2022lowest in 5 years
2024: €338k▲ +507% vs 2023highest in 5 years
2025: €-82k▼ -124% vs 2024
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 2025: a loss of €69k after €515k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €534k
Fixed assets
€274k ▲ 5.0%
Current assets
€260k ▼ 74.8%
Key figures and ratios
EBITDA
€-61k▼
2024 · €523k
Cash flow
€-74k▼
2024 · €346k
Solvency
-8.3%▼
2024 · 2.9%
Current ratio
0.71▼
2024 · 1.00
Quick ratio
0.62▲
2024 · 0.17
Debt to equity
-13.10▼
2024 · 33.03
ROA
-15.4%▼
2024 · 26.1%
Interest coverage
-2.95▼
2024 · 4.24
Debt
€578k▼
2024 · €1.26M
Debt ≤ 1 year
€365k▼
2024 · €1.03M
Debt > 1 year
€213k▼
2024 · €227k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.29M€534k▼
Fixed assets21/28€261k€274k▲
Tangible fixed assets22/27€261k€272k▲
Land and buildings22€260k€253k▼
Plant, machinery and equipment23€112€19k▲
Furniture and vehicles24€338€267▼
Financial fixed assets28-€2k
Current assets29/58€1.03M€260k▼
Stocks and contracts in progress3€853k€34k▼
Stocks30/36€853k€34k▼
Amounts receivable within one year40/41€863€194k▲
Trade receivables40-€16k
Other amounts receivable41€863€178k▲
Cash at bank and in hand54/58€176k€31k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€1.29M€534k▼
Equity10/15€38k€-44k▼
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€338k€338k=
Distributable reserves133€338k€338k=
Profit (loss) carried forward14€-319k€-401k▼
Amounts payable17/49€1.26M€578k▼
Amounts payable after more than one year17€227k€213k▼
Financial debts170/4€227k€213k▼
Amounts payable within one year42/48€1.03M€365k▼
Current portion of amounts payable after more than one year42€13k€14k▲
Financial debts43€323k-
Credit institutions430/8€323k-
Trade debts44€3k€18k▲
Suppliers440/4€3k€18k▲
Advances received on contracts in progress46-€408
Taxes, remuneration and social security45€225k€54k▼
Taxes450/3€225k€54k▼
Other amounts payable47/48€465k€280k▼
Accrued charges and deferred income492/3-€21
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€524k€-58k▼
Operating profit (loss)9901€515k€-69k▼
Financial income75/76B€361€8k▲
Recurring financial income75€361€8k▲
Financial charges65/66B€123k€21k▼
Recurring financial charges65€123k€21k▼
Profit (loss) for the period before taxes9903€392k€-82k▼
Income taxes67/77€54k-
Profit (loss) for the period9904€338k€-82k▼
Profit (loss) for the period to be appropriated9905€338k€-82k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€-401k▼
Profit (loss) brought forward from the previous period14P€-319k€-319k=
Transfer to equity691/2€338k-
To contributions691€338k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €15k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45k | €12k | €9k | €8k | €8k | ▲ 4.1% |
| Other operating charges640/8 | €2k | €1k | €2k | €1k | €3k | ▲ 96.5% |
| Gross operating margin9900 | €-25k | €-14k | €11k | €524k | €-58k | ▼ 111% |
| Operating profit (loss)9901 | €-71k | €-27k | €331 | €515k | €-69k | ▼ 113% |
| Financial income75/76B | - | €0 | - | €361 | €8k | ▲ 2,094% |
| Recurring financial income75 | - | €0 | - | €361 | €8k | ▲ 2,094% |
| Financial charges65/66B | €8k | €23k | €83k | €123k | €21k | ▼ 83.2% |
| Recurring financial charges65 | €8k | €23k | €83k | €123k | €21k | ▼ 83.2% |
| Profit (loss) for the period before taxes9903 | €-80k | €-51k | €-83k | €392k | €-82k | ▼ 121% |
| Income taxes67/77 | - | - | - | €54k | - | - |
| Profit (loss) for the period9904 | €-80k | €-51k | €-83k | €338k | €-82k | ▼ 124% |
| Profit (loss) for the period to be appropriated9905 | €-80k | €-51k | €-83k | €338k | €-82k | ▼ 124% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €595k | €1.01M | €2.59M | €1.29M | €534k | ▼ 58.7% |
| Fixed assets21/28 | €358k | €406k | €269k | €261k | €274k | ▲ 5.0% |
| Tangible fixed assets22/27 | €358k | €406k | €269k | €261k | €272k | ▲ 4.2% |
| Land and buildings22 | €354k | €404k | €268k | €260k | €253k | ▼ 2.8% |
| Plant, machinery and equipment23 | €4k | €2k | €784 | €112 | €19k | ▲ 16,440% |
| Furniture and vehicles24 | - | - | - | €338 | €267 | ▼ 20.9% |
| Financial fixed assets28 | - | - | - | - | €2k | - |
| Current assets29/58 | €237k | €608k | €2.32M | €1.03M | €260k | ▼ 74.8% |
| Stocks and contracts in progress3 | €224k | €593k | €2.28M | €853k | €34k | ▼ 96.0% |
| Stocks30/36 | €224k | €593k | €2.28M | €853k | €34k | ▼ 96.0% |
| Amounts receivable within one year40/41 | €9k | €8k | €4k | €863 | €194k | ▲ 22,409% |
| Trade receivables40 | €9k | - | - | - | €16k | - |
| Other amounts receivable41 | €72 | €8k | €4k | €863 | €178k | ▲ 20,506% |
| Cash at bank and in hand54/58 | €4k | €895 | €29k | €176k | €31k | ▼ 82.4% |
| Deferred charges and accrued income490/1 | €34 | €6k | €4k | €2k | €1k | ▼ 47.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €595k | €1.01M | €2.59M | €1.29M | €534k | ▼ 58.7% |
| Equity10/15 | €-167k | €-217k | €-300k | €38k | €-44k | ▼ 216% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Outside capital11 | €19k | €19k | €19k | €19k | - | - |
| Share premium1100/10 | €19k | €19k | - | - | - | - |
| Other1109/19 | - | - | €19k | €19k | - | - |
| Reserves13 | - | - | - | €338k | €338k | = |
| Distributable reserves133 | - | - | - | €338k | €338k | = |
| Profit (loss) carried forward14 | €-185k | €-236k | €-319k | €-319k | €-401k | ▼ 25.8% |
| Amounts payable17/49 | €762k | €1.23M | €2.89M | €1.26M | €578k | ▼ 53.9% |
| Amounts payable after more than one year17 | €266k | €253k | €240k | €227k | €213k | ▼ 6.0% |
| Financial debts170/4 | €266k | €253k | €240k | €227k | €213k | ▼ 6.0% |
| Amounts payable within one year42/48 | €495k | €978k | €2.65M | €1.03M | €365k | ▼ 64.5% |
| Current portion of amounts payable after more than one year42 | €13k | €13k | €13k | €13k | €14k | ▲ 1.3% |
| Financial debts43 | €280k | €400k | €2.06M | €323k | - | - |
| Credit institutions430/8 | €280k | €400k | €2.06M | €323k | - | - |
| Trade debts44 | €11k | €2k | €103k | €3k | €18k | ▲ 518% |
| Suppliers440/4 | €11k | €2k | €103k | €3k | €18k | ▲ 518% |
| Advances received on contracts in progress46 | - | - | - | - | €408 | - |
| Taxes, remuneration and social security45 | €1k | €4k | - | €225k | €54k | ▼ 76.1% |
| Taxes450/3 | €1k | €4k | - | €225k | €54k | ▼ 76.1% |
| Other amounts payable47/48 | €190k | €560k | €475k | €465k | €280k | ▼ 39.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | €21 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-80k | €-51k | €-83k | €338k | €-82k | ▼ 124% |
| + Depreciation and write-downs630 | €45k | €12k | €9k | €8k | €8k | ▲ 4.1% |
| Operating cash flow (approximation) | €-35k | €-39k | €-74k | €346k | €-74k | ▼ 121% |
| Investment in fixed assets (approximation) | - | €-61k | €129k | €-354 | €-22k | ▼ 5,975% |
| Change in cash | - | €-3k | €28k | €147k | €-145k | ▼ 199% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Back to profitnet €338k
Net result €338k after 5 loss-making years.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-83k
Net result drops to €-83k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 138 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Mettet · 1 establishment unit since 2019
Ground area
3,275 m²
Building footprint
163 m²
Volume, LiDAR
1,155 m³
Parcel 92013B0044/00D000, Wallonia · tallest building 8.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VANTHIMO
since 20192.286.815.382
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92013B0044/00D000 | Wallonia | 3,275 m² | 1 · 163 m² | 8.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,292 companies in sector 68122 we hold annual accounts for 901. 438 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
68121Development of residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Contact
E-mail
vooon2000@msn.com
Phone
+32478594740
Scores and ratios are computed by Checked and are not a credit decision.