Vopak Belgium
ActiveSummary
Vopak Belgium has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €359.43M and a net result of €2.01M. Equity is shrinking by ~23.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 93% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2021
Profitability39▲+39
Solvency100▲+2
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity short (current ratio 0.45 against 3.76 in 2021; short-term debt: 4% and cash: 0.2% of total assets), and 4% 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
96%
Return on assets
0.5%
Age of the figures
21 mo
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 14-07-2025, 17 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
114 d late
2022
51 d late
2021
3 d late
2020
5 d early
2019
38 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2.01M
2021 · €-9k
2018: €-8k
2019: €-7k
2020: €-8k
2021: €-9k
2018 → 2024
Working capital
€-8.22M
2021 · €15k
2018: €40k
2019: €32k
2020: €24k
2021: €15k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212024Trend
Equity€40k-€32k▼ 18.5%€24k▼ 25.1%€15k▼ 37.9%€359.43M▲ 2,386,207%
Operating result€-8k-€-7k▲ 13.4%€-8k▼ 12.2%€-9k▼ 15.2%€350k
Net result€-8k-€-7k▲ 11.6%€-8k▼ 10.9%€-9k▼ 13.0%€2.01M
Result per fiscal year
Operating resultNet result
The operating result is €350k in 2024, compared with €-9k in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2021 as the grey bar beneath
Assets €374.41M
Fixed assets
€367.71M
Current assets
€6.70M
Equity and liabilities €374.41M
Equity
€359.43M ▲ 2,386,207%
Debt
€14.98M ▲ 274,444%
Debt's share of the balance-sheet total falls from 26.6% to 4.0%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.45▼
2021 · 3.76
Debt to equity
0.04▼
2021 · 0.36
ROE
0.6%▲
2021 · -61.1%
ROA
0.5%▲
2021 · -44.9%
Debt ≤ 1 year
€14.93M▲
2021 · €5k
Income taxes
€90k
Staff costs
€2.88M
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 2021 · 53 lines
Balance sheet
Code20212024
Assets
Total assets20/58€21k€374.41M▲
Fixed assets21/28-€367.71M
Financial fixed assets28-€367.71M
Affiliated companies280/1-€367.71M
Participating interests280-€367.71M
Current assets29/58€21k€6.70M▲
Amounts receivable within one year40/41€21k€6.00M▲
Trade receivables40-€24k
Other amounts receivable41€21k€5.98M▲
Cash at bank and in hand54/58-€701k
Equity and liabilities
Total equity and liabilities10/49€21k€374.41M▲
Equity10/15€15k€359.43M▲
Contributions10/11€62k€357.22M▲
Capital10-€357.22M
Issued capital100-€357.22M
Reserves13-€107k
Non-distributable reserves130/1-€107k
Legal reserve130-€107k
Profit (loss) carried forward14€-46k€2.10M▲
Amounts payable17/49€5k€14.98M▲
Amounts payable within one year42/48€5k€14.93M▲
Trade debts44€5k€7.08M▲
Suppliers440/4€5k€7.08M▲
Taxes, remuneration and social security45-€1.20M
Remuneration and social security454/9-€1.20M
Other amounts payable47/48-€6.65M
Accrued charges and deferred income492/3-€50k
Income statement
Code20212024
Operating income70/76A-€13.89M
Other operating income74-€13.89M
Operating charges60/66A-€13.54M
Services and other goods61-€10.66M
Remuneration, social security and pensions62-€2.88M
Other operating charges640/8€449€505▲
Gross operating margin9900€-9k-
Operating profit (loss)9901€-9k€350k▲
Financial income75/76B-€1.75M
Recurring financial income75-€1.75M
Income from financial fixed assets750-€1.75M
Financial charges65/66B-€2k
Recurring financial charges65-€2k
Other financial charges652/9-€2k
Profit (loss) for the period before taxes9903€-9k€2.10M▲
Income taxes67/77-€90k
Taxes670/3-€107k
Tax adjustments and reversals of tax provisions77-€17k
Profit (loss) for the period9904€-9k€2.01M▲
Profit (loss) for the period to be appropriated9905€-9k€2.01M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€2.21M▲
Profit (loss) brought forward from the previous period14P€-37k€200k▲
Transfer to equity691/2-€105k
To contributions691-€5k
To the legal reserve6920-€100k
Social balance
Average headcount (FTE)9087-20.4
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €2.01M
Net result €2.01M after 4 loss-making years.
31-12
Financial
Equity above €250MEq €359.43M ▲2386207%
Equity rises from €15k to €359.43M.
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 114 days late
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 51 days late
19-05
State Gazette act
General meeting · Name change
Director resignation · Director appointment
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2021
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 38 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
18 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, Antwerpen · 1 establishment unit since 2016
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.
Scheldelaan 4102040 AntwerpenGround area
14.8 ha
Building footprint
902 m²
Volume, LiDAR
13,202 m³
Parcel 11820D0014/00W003, Flanders · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Vopak Belgium
since 20162.250.920.929
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11820D0014/00W003 | Flanders | 14.8 ha | 1 · 902 m² | 17.7 m · 5 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 1,704 EUR awarded · 1,704 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,704 EUR | 1,704 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 368 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
Founded23-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
70200Business and other management consultancy
64999Other financial services
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.