VASCON
ActiveSummary
VASCON has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €259k and a net result of €21k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 85% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+32
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 8.07 against 6.49 in 2023; short-term debt: 12.2% and cash: 0.6% of total assets), and 12.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-05-2025, 87 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
87 d early
2023
85 d early
2022
41 d early
2021
62 d early
2020
30 d late
2019
45 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€259k▲ 9.0%
2023 · €237k
2018: €190k
2019: €213k
2020: €223k
2021: €226k
2022: €230k
2023: €237k
2018 → 2024
Total assets
€296k▲ 4.6%
2023 · €283k
2018: €202k
2019: €220k
2020: €246k
2021: €236k
2022: €236k
2023: €283k
2018 → 2024
Net result
€21k▲ 178%
2023 · €8k
2018: €-15k
2019: €23k
2020: €10k
2021: €3k
2022: €4k
2023: €8k
2018 → 2024
Working capital
€256k▲ 8.9%
2023 · €235k
2018: €180k
2019: €205k
2020: €219k
2021: €224k
2022: €229k
2023: €235k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€223k-€226k▲ 1.3%€230k▲ 1.7%€237k▲ 3.3%€259k▲ 9.0%
Operating result€27k-€-5k€-3k▲ 51.8%€435€19k▲ 4,174%
Net result€10k-€3k▼ 71.3%€4k▲ 36.5%€8k▲ 95.8%€21k▲ 178%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 4,174% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €296k
Fixed assets
€4k ▼ 22.3%
Current assets
€292k ▲ 5.1%
Equity and liabilities €296k
Equity
€259k ▲ 9.0%
Debt
€37k ▼ 18.1%
Debt's share of the balance-sheet total falls from 16.1% to 12.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▲
2023 · €1k
Cash flow
€23k▲
2023 · €9k
Current ratio
8.07▲
2023 · 6.49
Debt to equity
0.14▼
2023 · 0.19
ROE
8.3%▲
2023 · 3.2%
ROA
7.2%▲
2023 · 2.7%
Interest coverage
22.69▲
2023 · 2.83
Debt ≤ 1 year
€36k▼
2023 · €43k
Debt > 1 year
€1k▼
2023 · €3k
Income taxes
€12k▲
2023 · €5k
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 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€283k€296k▲
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€5k€4k▼
Plant, machinery and equipment23€456€342▼
Furniture and vehicles24€5k€4k▼
Current assets29/58€278k€292k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€276k€290k▲
Trade receivables40€30k€32k▲
Other amounts receivable41€246k€258k▲
Cash at bank and in hand54/58€365€2k▲
Deferred charges and accrued income490/1€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€283k€296k▲
Equity10/15€237k€259k▲
Contributions10/11€6k€6k=
Reserves13€14k€35k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€12k€33k▲
Profit (loss) carried forward14€218k€218k=
Amounts payable17/49€46k€37k▼
Amounts payable after more than one year17€3k€1k▼
Financial debts170/4€3k€1k▼
Amounts payable within one year42/48€43k€36k▼
Current portion of amounts payable after more than one year42€2k€2k▲
Trade debts44€16k€4k▼
Suppliers440/4€16k€4k▼
Taxes, remuneration and social security45€25k€30k▲
Taxes450/3€25k€30k▲
Other amounts payable47/48€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€989€1k▲
Other operating charges640/8€807€782▼
Gross operating margin9900€2k€21k▲
Operating profit (loss)9901€435€19k▲
Financial income75/76B€13k€15k▲
Recurring financial income75€13k€15k▲
Financial charges65/66B€503€869▲
Recurring financial charges65€503€869▲
Profit (loss) for the period before taxes9903€13k€33k▲
Income taxes67/77€5k€12k▲
Profit (loss) for the period9904€8k€21k▲
Profit (loss) for the period to be appropriated9905€8k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€225k€239k▲
Profit (loss) brought forward from the previous period14P€218k€218k=
Transfer to equity691/2€8k€21k▲
To other reserves6921€8k€21k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 23.07
Current ratio from 10.53 to 23.07; short-term debt falls from €23k to €10k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
31-12
Financial
Equity above €200kEq €213k ▲12%
Equity rises from €190k to €213k.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
01-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Brasschaat · 1 establishment unit since 1999
Ground area
2,387 m²
Building footprint
136 m²
Volume, LiDAR
743 m³
2 parcels, Flanders · tallest building 15.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Het Innemen 14, 2930 Brasschaat
since 19992.091.154.605
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008H0079/00E003 | Flanders | 2,072 m² | 1 · 34 m² | 15.9 m · 1 fl. |
| 11324D0062/00C002 | Flanders | 315 m² | 1 · 102 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 38,798 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 formPrivate limited company
Founded07-01-1999
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.