VLASMARKT
ActiveVLASMARKT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-3.95M) and a net result of €-1.40M. Equity is shrinking by ~36.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
28
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-7
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.55 against 1.74 in 2023; short-term debt: 182.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 →
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 2024Solvency, return and age of the figures
Solvency
-89.4%
Return on assets
-31.6%
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-3.95M
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-10-2025, 81 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
81 d late
2023
62 d early
2022
59 d early
2021
61 d early
2020
57 d early
2019
56 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-1.40M▼ 106%
2023 · €-679k
2018: €-93k
2019: €-456k
2020: €-388k
2021: €-501k
2022: €-489k
2023: €-679k
2018 → 2024
Working capital
€-3.67M
2023 · €2.36M
2018: €929k
2019: €-3.17M
2020: €-3.39M
2021: €2.65M
2022: €2.87M
2023: €2.36M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-884k-€-1.38M▼ 56.7%€-1.87M▼ 35.3%€-2.55M▼ 36.2%€-3.95M▼ 54.7%
Operating result€-200k-€-290k▼ 45.0%€-237k▲ 18.1%€-309k▼ 30.2%€-1.02M▼ 229%
Net result€-388k-€-501k▼ 29.3%€-489k▲ 2.4%€-679k▼ 38.8%€-1.40M▼ 106%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.02M in 2024 against €309k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.42M
Fixed assets
€7k=
Current assets
€4.41M▼ 20.5%
Key figures and ratios
Solvency
-89.4%▼
2023 · -46.0%
Current ratio
0.55▼
2023 · 1.74
Quick ratio
0.02▼
2023 · 0.11
Debt / equity
-2.08▲
2023 · -3.12
ROA
-31.6%▼
2023 · -12.2%
Debt
€8.21M▲
2023 · €7.95M
Debt ≤ 1 year
€8.08M▲
2023 · €3.19M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5.55M€4.42M▼
Fixed assets21/28€7k€7k=
Financial fixed assets28€7k€7k=
Current assets29/58€5.55M€4.41M▼
Stocks and contracts in progress3€5.21M€4.21M▼
Stocks30/36€5.21M€4.21M▼
Amounts receivable within one year40/41€334k-
Trade receivables40€334k-
Deferred charges and accrued income490/1€3k€199k▲
Equity and liabilities
Total equity and liabilities10/49€5.55M€4.42M▼
Equity10/15€-2.55M€-3.95M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-2.62M€-4.01M▼
Provisions and deferred taxes16€154k€154k=
Provisions for liabilities and charges160/5€154k€154k=
Other liabilities and charges164/5€154k€154k=
Amounts payable17/49€7.95M€8.21M▲
Amounts payable after more than one year17€4.00M-
Financial debts170/4€4.00M-
Amounts payable within one year42/48€3.19M€8.08M▲
Financial debts43€3.18M€3.15M▼
Credit institutions430/8€3.18M€3.15M▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€11€11=
Taxes450/3€11€11=
Other amounts payable47/48-€4.93M
Accrued charges and deferred income492/3€765k€133k▼
Income statement
Code20232024
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1.00M
Other operating charges640/8€232k€127k▼
Gross operating margin9900€-77k€112k▲
Operating profit (loss)9901€-309k€-1.02M▼
Financial charges65/66B€370k€381k▲
Recurring financial charges65€370k€381k▲
Profit (loss) for the period before taxes9903€-679k€-1.40M▼
Profit (loss) for the period9904€-679k€-1.40M▼
Profit (loss) for the period to be appropriated9905€-679k€-1.40M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2.62M€-4.01M▼
Profit (loss) brought forward from the previous period14P€-1.94M€-2.62M▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
07-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment6 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment6 facts ▸
- General meeting, 12/06/2026
- Director resignation, Marc Limpens (administrateur)
- Director appointment, Laurène Banti (administrateur)
- Director appointment, Nicolas Wolkonsky (administrateur)
- Mandate compensation, Laurène Banti
- Mandate compensation, Nicolas Wolkonsky
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 81 days late
2024
31-12
Financial
Weakest financial yearnet €-1.40M
Net result drops to €-1.40M, the lowest in the series.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity times 221current ratio 1.79
Current ratio from 0.01 to 1.79; short-term debt falls from €3.41M to €3.33M.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 72 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 directors, no change since 2026
Laurène Banti
CurrentDirector · since 12-06-2026
Nicolas Wolkonsky
CurrentDirector · since 12-06-2026
07-08-2026
Marc Limpens: Resigned as Director
12-06-2026
Laurène Banti: Appointed as Director
12-06-2026
Nicolas Wolkonsky: Appointed as Director
13-06-2019
CONSOLID: Resigned as Director
13-06-2019
Johannes Willemen: Resigned as Director
13-06-2019
PROJECT²: Resigned as Managing director
13-06-2019
Tom Willemen: Resigned as Director
03-04-2017
Bermaso: Resigned as Managing director
17-11-2015
Alon Amar: Resigned as Director
17-11-2015
AMCOH: Resigned as Director
10-07-2015
AMCOH: Resigned as Managing director
Location & real-estate footprint
Registered office, La Hulpe · 1 establishment unit since 2015
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.
Chaussée de Bruxelles 135 a1310 La HulpeGround area
5.5 ha
Building footprint
1.5 ha
Volume, LiDAR
151,416 m³
2 parcels, Flanders, Wallonia · tallest building 21.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VLASMARKT
since 20152.241.566.565
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050E0040/00S000 ProtectedSite or landscape |
Wallonia | 5.5 ha | 1 · 1.5 ha | 21.1 m · 3 fl. |
| 11803C1964/00A000indicative | Flanders | 68 m² | 1 · 72 m² | 19.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Connections & network
3 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Similar companies · same sector, comparable size
ON-ROEREND
BE 0692.795.675
Antwerpen · Eq €54k
DIMO Construct
BE 0769.454.577
Houthulst · Eq €53k
X5 GROUP
BE 1001.462.741
Sint-Agatha-Berchem · Eq €53k
GERONIMMO
BE 0665.919.351
Herve · Eq €53k
SEDIMENT
BE 0658.787.970
Schilde · Eq €54k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,058 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-04-2015
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.