ARCHITECT BART VAN LAETHEM
ActiveARCHITECT BART VAN LAETHEM has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €434k and a net result of €77k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 35% of 9388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+7
Solvency62▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.68 against 0.6 in 2024; short-term debt: 24% and cash: 1.7% of total assets), and 62.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 71
Relative position
BE, all sectors
reference
Sector 71
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
37.1%
Return on assets
6.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
24 d early
2023
27 d late
2022
31 d late
2021
40 d early
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€434k▲ 21.4%
2024 · €358k
2018: €115k
2019: €177k
2020: €181k
2021: €291k
2022: €303k
2023: €381k
2024: €358k
2018 → 2025
Total assets
€1.17M▲ 3.8%
2024 · €1.13M
2018: €1.24M
2019: €1.20M
2020: €1.16M
2021: €1.17M
2022: €1.14M
2023: €1.19M
2024: €1.13M
2018 → 2025
Net result
€77k▲ 96.0%
2024 · €39k
2018: €62k
2019: €62k
2020: €19k
2021: €110k
2022: €45k
2023: €140k
2024: €39k
2018 → 2025
Working capital
€-91k▲ 19.9%
2024 · €-114k
2018: €-313k
2019: €-292k
2020: €-272k
2021: €-227k
2022: €-256k
2023: €-47k
2024: €-114k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€291k-€303k▲ 4.3%€381k▲ 25.7%€358k▼ 6.1%€434k▲ 21.4%
Operating result€140k-€83k▼ 41.2%€225k▲ 173%€79k▼ 65.0%€145k▲ 83.4%
Net result€110k-€45k▼ 59.0%€140k▲ 210%€39k▼ 72.1%€77k▲ 96.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 83% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.17M
Fixed assets
€981k▲ 2.2%
Current assets
€190k▲ 12.8%
Equity and liabilities €1.17M
Equity
€434k▲ 21.4%
Debt
€737k▼ 4.4%
The debt ratio falls from 68.3% to 62.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€193k▲
2024 · €120k
Cash flow
€125k▲
2024 · €80k
Solvency
37.1%▲
2024 · 31.7%
Current ratio
0.68▲
2024 · 0.60
Quick ratio
0.68▲
2024 · 0.60
Debt / equity
1.70▼
2024 · 2.16
ROE
17.6%▲
2024 · 10.9%
ROA
6.5%▲
2024 · 3.5%
Interest coverage
6.05▲
2024 · 5.60
Debt
€737k▼
2024 · €771k
Debt ≤ 1 year
€281k▼
2024 · €282k
Debt > 1 year
€448k▼
2024 · €487k
Income taxes
€37k▲
2024 · €19k
Staff costs
€28k▲
2024 · €27k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.13M€1.17M▲
Fixed assets21/28€961k€981k▲
Tangible fixed assets22/27€961k€981k▲
Land and buildings22€894k€884k▼
Plant, machinery and equipment23€650€325▼
Furniture and vehicles24€66k€97k▲
Current assets29/58€168k€190k▲
Amounts receivable within one year40/41€144k€166k▲
Trade receivables40€141k€163k▲
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€22k€20k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.17M▲
Equity10/15€358k€434k▲
Contributions10/11€19k€19k=
Reserves13€339k€416k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€337k€414k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€771k€737k▼
Amounts payable after more than one year17€487k€448k▼
Financial debts170/4€487k€448k▼
Amounts payable within one year42/48€282k€281k▼
Current portion of amounts payable after more than one year42€79k€95k▲
Financial debts43€13k€15k▲
Credit institutions430/8€13k€15k▲
Trade debts44€17k€14k▼
Suppliers440/4€17k€14k▼
Taxes, remuneration and social security45€52k€28k▼
Taxes450/3€48k€21k▼
Remuneration and social security454/9€4k€7k▲
Other amounts payable47/48€121k€130k▲
Accrued charges and deferred income492/3€1k€8k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€27k€28k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€48k▲
Other operating charges640/8€12k€7k▼
Gross operating margin9900€159k€228k▲
Operating profit (loss)9901€79k€145k▲
Financial income75/76B€637€455▼
Recurring financial income75€637€455▼
Financial charges65/66B€21k€32k▲
Recurring financial charges65€21k€32k▲
Profit (loss) for the period before taxes9903€58k€113k▲
Income taxes67/77€19k€37k▲
Profit (loss) for the period9904€39k€77k▲
Profit (loss) for the period to be appropriated9905€39k€77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€77k▲
Transfer from equity791/2€62k€0▼
Transfer to equity691/2€39k€77k▲
To other reserves6921€39k€77k▲
Profit to be distributed694/7€62k€0▼
Return on contributions (dividend)694€62k€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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Highest result since 2018net €140k ▲210%
Operating result €225k, net result €140k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €291k ▲60.7%
4 profitable years in a row build equity to €291k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €19k ▼70.2%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Equity above €150kEq €177k ▲54.2%
2 profitable years in a row build equity to €177k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
13-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 286 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Bornem · 3 establishment units since 2003
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.
Beerdonkstraat(BRA) 392880 BornemGround area
2,900 m²
Building footprint
640 m²
Volume, LiDAR
3,443 m³
3 parcels, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Temsesteenweg(BOR) 30, 2880 Bornem
since 20032.215.570.961
Driesstraat(BOR) 11-13, 2880 Bornem
since 20082.215.571.159
Beerdonkstraat(BRA) 39, 2880 Bornem
since 20182.315.351.495
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12362H0728/00D000 | Flanders | 1,719 m² | 1 · 304 m² | 5.7 m · 1 fl. |
| 12007B0604/00S000 | Flanders | 1,042 m² | 1 · 243 m² | 11.5 m · 3 fl. |
| 12007B0612/00P000 | Flanders | 139 m² | 1 · 93 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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
Bruno Haenen Architekten bvba
BE 0877.034.012
Kontich · Eq €434k
Schaubroeck Guido Architectenbureau
BE 0897.658.685
Roeselare · Eq €434k
ZINDER
BE 0705.854.647
Ieper · Eq €434k
Saskia Architectuur
BE 0893.172.535
Holsbeek · Eq €435k
MoZo architecten
BE 0645.640.710
Zaventem · Eq €436k
Of 18,252 companies in sector 71111 we hold annual accounts for 6,319. 4,214 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-04-2000
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.