Checked.be
Active
BE 0844.414.989Private limited company
VENNOOST
Hogevoorde 2 ·9950 Lievegem, Belgium· 14 yrs active
Sector: Activities of building architects
(71111)
Conclusion
VENNOOST has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €653k and a net result of €-2k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 85% of 11619 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €653k |
| Net result | €-2k |
| Better than sector | 85% |
| Active | 14 yrs |
Financial profile
64
/ 100
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Health
70
Profitability
0
Solvency
100
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2012, 14 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
70
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€45k
estimate, not credit advice
Score history
93
2021
100
2022
93
2023
70
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 16.66 (≥ 1.5)
+10
Quick ratio
Quick ratio 16.66 (≥ 1.0)
+5
Leverage
Debt/equity 0.17 (< 1.0)
+10
Profitability
Negatieve ROE 0%
-10
Interest coverage
Interest coverage 4.4× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 26-06-2025 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~23.7%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 71, Architectural and engineering activities; technical testing and analysis · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 85.2% | 54.7% | |
| Net result | €-2k | €15k | |
| Equity | €653k | €67k | |
| Gross operating margin | €11k | €40k | |
| Total assets | €766k | €141k |
€9k
-96.2%
21-24
€-2k
-
21-24
€7k
-96.0%
21-24
€766k
-11.6%
21-24
€653k
-0.3%
21-24
€519k
+0.8%
21-24
0
-85.0%
21-24
€14k
-83.1%
21-24
€226
-99.7%
21-24
€113k
-46.6%
21-24
€33k
-75.4%
21-24
€80k
+3.3%
21-24
16.66
+245.1%
21-24
16.66
+245.1%
21-24
85.2%
+12.8%
21-24
0.17
-46.4%
21-24
-0.3%
-
21-24
-0.2%
-
21-24
4.35
-96.6%
21-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €9k | €235k | €285k | €108k |
| Net profit | €-2k | €159k | €184k | €66k |
| Cash flow | €7k | €165k | €196k | €79k |
| Staff costs | - | €14k | €81k | €75k |
| Income taxes | €226 | €68k | €87k | €27k |
| Dividends | - | - | - | - |
| Total assets | €766k | €866k | €779k | €501k |
| Equity | €653k | €654k | €496k | €312k |
| Debt | €113k | €212k | €284k | €189k |
| of which ≤ 1y | €33k | €135k | €167k | €53k |
| of which > 1y | €80k | €78k | €117k | €136k |
| Working capital | €519k | €515k | €380k | €213k |
| Employees (FTE) | - | 0.3 | 2.0 | - |
Ratios (computed)
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 16.66 | 4.83 | 3.28 | 5.02 |
| Quick ratio | 16.66 | 4.83 | 3.28 | 5.02 |
| Working capital ratio | 67.8% | 59.5% | 48.7% | 42.4% |
| Solvency | 85.2% | 75.5% | 63.6% | 62.2% |
| Debt / equity | 0.17 | 0.32 | 0.57 | 0.61 |
| Long-term debt ratio | 0.12 | 0.12 | 0.24 | 0.44 |
| Interest coverage | 4.35 | 128.00 | 93.41 | 43.17 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -0.2% | 18.3% | 23.6% | 13.1% |
| ROE | -0.3% | 24.3% | 37.1% | 21.1% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2024
Full annual accounts (26 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €766k | €866k | €779k | €501k |
| Fixed assets | 21/28 | €213k | €217k | €233k | €236k |
| Tangible fixed assets | 22/27 | €213k | €217k | €233k | €236k |
| Financial fixed assets | 28 | - | - | €190 | €190 |
| Current assets | 29/58 | €553k | €650k | €547k | €265k |
| Amounts receivable within one year | 40/41 | €295k | €304k | €178k | €81k |
| Investments | 50/53 | €200k | - | - | - |
| Cash & bank | 54/58 | €52k | €340k | €367k | €184k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €766k | €866k | €779k | €501k |
| Equity | 10/15 | €653k | €654k | €496k | €312k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €12k |
| Reserves | 13 | €433k | €433k | €275k | €92k |
| Accumulated profits (losses) | 14 | €207k | €209k | €208k | €208k |
| Provisions & deferred taxes | 16 | - | - | €218 | €435 |
| Amounts payable | 17/49 | €113k | €212k | €284k | €189k |
| Amounts payable after one year | 17 | €80k | €78k | €117k | €136k |
| Amounts payable within one year | 42/48 | €33k | €135k | €167k | €53k |
| Trade debts payable within one year | 44 | €12k | - | €20k | €3k |
| Income statement | |||||
| Gross operating margin | 9900 | €11k | €250k | €368k | €186k |
| Operating result | 9901 | €519 | €228k | €273k | €95k |
| Financial income | 75 | - | - | €0 | - |
| Financial charges | 65 | €2k | €2k | €3k | €3k |
| Result before taxes | 9903 | €-2k | €227k | €270k | €93k |
| Income taxes | 67/77 | €226 | €68k | €87k | €27k |
| Net result for the period | 9904 | €-2k | €159k | €184k | €66k |
| Result to be appropriated | 9905 | €-2k | €159k | €184k | €66k |
Legal Structure
| NACE primary | Activities of building architects(71111) |
| Legal form | Private limited company(610) |
| Incorporation | 05-03-2012 |
| Status | Active |
| Postal code | 9950 |
Establishment units
VENNOOST BV
since 20122.207.905.783
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44072D0217/00D000 | Flanders | 948 m² | 1 · 93 m² | 6.8 m · 2 fl. |
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.
Updates
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-2k ▼101%
Net result drops to €-2k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 16.66
Current ratio from 4.83 to 16.66; short-term debt falls from €135k to €33k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500kEq €654k ▲32%
3 profitable years in a row build equity to €654k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €184k ▲179%
Operating result €273k, net result €184k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
01-07
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.
Belgian State Gazette reading coverage
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.
Credit advice
Company registry (CBE)
Activities
Activities of building architects71111Business and other management consultancy70200Business consulting70220Other business support services82990
Names & trade names
| Legal nameNL | VENNOOST |
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