VASTGOED BRUGGE
ActiveSummary
VASTGOED BRUGGE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €744k and a net result of €8k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 84% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-8
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.31 in 2024; short-term debt: 15.7% and cash: 19.3% of total assets), and 22% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 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
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
78%
Return on assets
0.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
on the day
2023
on the day
2022
3 d early
2021
2 d early
2020
22 d early
2019
9 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€744k▲ 1.1%
2024 · €736k
2018: €684k
2019: €680k
2020: €694k
2021: €723k
2022: €736k
2023: €757k
2024: €736k
2018 → 2025
Total assets
€955k▼ 2.5%
2024 · €979k
2018: €1.03M
2019: €1.00M
2020: €1.00M
2021: €1.01M
2022: €990k
2023: €989k
2024: €979k
2018 → 2025
Net result
€8k▼ 31.9%
2024 · €12k
2018: €10k
2019: €-4k
2020: €14k
2021: €30k
2022: €13k
2023: €21k
2024: €12k
2018 → 2025
Working capital
€40k▼ 14.2%
2024 · €47k
2018: €210k
2019: €57k
2020: €58k
2021: €78k
2022: €59k
2023: €71k
2024: €47k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€723k-€736k▲ 1.8%€757k▲ 2.8%€736k▼ 2.7%€744k▲ 1.1%
Operating result€56k-€27k▼ 52.5%€38k▲ 40.0%€26k▼ 29.6%€24k▼ 10.8%
Net result€30k-€13k▼ 57.5%€21k▲ 63.7%€12k▼ 40.4%€8k▼ 31.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 11% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €955k
Fixed assets
€765k ▼ 1.9%
Current assets
€190k ▼ 4.6%
Equity and liabilities €955k
Equity
€744k ▲ 1.1%
Provisions
€43k ▼ 4.2%
Debt
€168k ▼ 15.4%
Debt's share of the balance-sheet total falls from 20.2% to 17.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▼
2024 · €43k
Cash flow
€23k▼
2024 · €29k
Current ratio
1.27▼
2024 · 1.31
Debt to equity
0.23▼
2024 · 0.27
ROE
1.1%▼
2024 · 1.7%
ROA
0.9%▼
2024 · 1.3%
Interest coverage
4.09▼
2024 · 5.04
Debt ≤ 1 year
€150k▼
2024 · €152k
Debt > 1 year
€18k▼
2024 · €41k
Income taxes
€8k▲
2024 · €7k
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€979k€955k▼
Fixed assets21/28€780k€765k▼
Tangible fixed assets22/27€405k€391k▼
Land and buildings22€404k€390k▼
Furniture and vehicles24€1k€130▼
Financial fixed assets28€375k€375k=
Current assets29/58€199k€190k▼
Amounts receivable within one year40/41€6k€4k▼
Trade receivables40€2k€36▼
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€192k€184k▼
Deferred charges and accrued income490/1€614€832▲
Equity and liabilities
Total equity and liabilities10/49€979k€955k▼
Equity10/15€736k€744k▲
Contributions10/11€19k€19k=
Reserves13€717k€726k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€87k€83k▼
Distributable reserves133€630k€642k▲
Profit (loss) carried forward14€138€139▲
Provisions and deferred taxes16€45k€43k▼
Deferred taxes168€45k€43k▼
Amounts payable17/49€198k€168k▼
Amounts payable after more than one year17€41k€18k▼
Financial debts170/4€41k€18k▼
Amounts payable within one year42/48€152k€150k▼
Current portion of amounts payable after more than one year42€22k€23k▲
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Taxes, remuneration and social security45€12k€8k▼
Taxes450/3€12k€8k▼
Remuneration and social security454/9-€144
Other amounts payable47/48€113k€112k▼
Accrued charges and deferred income492/3€5k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€15k▼
Other operating charges640/8€6k€3k▼
Gross operating margin9900€49k€42k▼
Operating profit (loss)9901€26k€24k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€9k€9k▲
Recurring financial charges65€9k€9k▲
Profit (loss) for the period before taxes9903€18k€14k▼
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€7k€8k▲
Profit (loss) for the period9904€12k€8k▼
Transfer from tax-exempt reserves789€4k€4k=
Profit (loss) for the period to be appropriated9905€16k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€12k▼
Profit (loss) brought forward from the previous period14P€59€138▲
Transfer from equity791/2€33k€0▼
Transfer to equity691/2€16k€12k▼
To other reserves6921€16k€12k▼
Profit to be distributed694/7€33k€0▼
Return on contributions (dividend)694€33k€0▼
The notes to these accounts (10 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
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €30k ▲117%
Operating result €56k, net result €30k, both a record.
08-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
21-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-4k ▼143%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2001
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.
Bergjesbos 288310 BruggeGround area
468 m²
Building footprint
119 m²
Volume, LiDAR
698 m³
Parcel 31434C0224/00Z002, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bergjesbos 28, 8310 Brugge
since 20012.100.279.533
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31434C0224/00Z002 | Flanders | 468 m² | 1 · 119 m² | 8.6 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
AXIMMO
BE 0876.969.773
Soignies · Eq €744,305
Deschrijver & C°
BE 0461.486.606
Veurne · Eq €744,770
LMDS
BE 0822.560.196
Ottignies-Louvain-la-Neuve · Eq €744,089
GRIMAC
BE 0429.534.608
Wortegem-Petegem · Eq €743,882
IMMO EBROS
BE 0438.399.715
Roeselare · Eq €743,713
Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 4,117 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
Founded28-03-2001
Fiscal year end30-09
Activities, NACEBEL 2025
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.