BART VANDERSTRAETEN
ActiveBART VANDERSTRAETEN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €763k and a net result of €419k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 64% of 7684 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
96
/ 100
Excellent▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency85▲+14
Growth58=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.26 in 2024), and 44.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
55.9%
Return on assets
30.7%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
22 d early
2023
47 d early
2022
19 d early
2021
46 d early
2020
2 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€763k=
2024 · €763k
2019: €867k
2020: €679k
2021: €670k
2022: €625k
2023: €762k
2024: €763k
2019 → 2025
Total assets
€1.37M▼ 23.1%
2024 · €1.77M
2019: €1.22M
2020: €1.28M
2021: €1.29M
2022: €1.19M
2023: €1.17M
2024: €1.77M
2019 → 2025
Net result
€419k▲ 0.1%
2024 · €419k
2019: €419k
2020: €288k
2021: €490k
2022: €253k
2023: €442k
2024: €419k
2019 → 2025
Working capital
€278k▲ 5.0%
2024 · €265k
2019: €810k
2020: €611k
2021: €611k
2022: €536k
2023: €491k
2024: €265k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€670k-€625k▼ 6.6%€762k▲ 21.8%€763k▲ 0.1%€763k=
Operating result€524k-€296k▼ 43.4%€482k▲ 62.5%€455k▼ 5.7%€452k▼ 0.6%
Net result€490k-€253k▼ 48.3%€442k▲ 74.3%€419k▼ 5.1%€419k▲ 0.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.37M
Fixed assets
€486k▼ 2.7%
Current assets
€880k▼ 31.1%
Equity and liabilities €1.37M
Equity
€763k=
Debt
€602k▼ 40.5%
The debt ratio falls from 57.0% to 44.1%: debt is paid down.
Key figures and ratios
EBITDA
€489k▲
2024 · €479k
Cash flow
€456k▲
2024 · €444k
Solvency
55.9%▲
2024 · 43.0%
Current ratio
1.46▲
2024 · 1.26
Quick ratio
1.36▲
2024 · 1.18
Debt / equity
0.79▼
2024 · 1.33
ROE
54.9%=
2024 · 54.9%
ROA
30.7%▲
2024 · 23.6%
Interest coverage
241.20▲
2024 · 223.38
Debt
€602k▼
2024 · €1.01M
Debt ≤ 1 year
€601k▼
2024 · €1.01M
Income taxes
€50k▲
2024 · €50k
Staff costs
€122k▼
2024 · €125k
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€1.77M€1.37M▼
Fixed assets21/28€499k€486k▼
Tangible fixed assets22/27€499k€486k▼
Land and buildings22€31k€25k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€98k€69k▼
Assets under construction and advance payments27€366k€388k▲
Current assets29/58€1.28M€880k▼
Stocks and contracts in progress3€81k€59k▼
Stocks30/36€49k€59k▲
Contracts in progress37€32k€0▼
Amounts receivable within one year40/41€486k€196k▼
Trade receivables40€246k€139k▼
Other amounts receivable41€240k€57k▼
Cash at bank and in hand54/58€701k€619k▼
Deferred charges and accrued income490/1€8k€6k▼
Equity and liabilities
Total equity and liabilities10/49€1.77M€1.37M▼
Equity10/15€763k€763k=
Contributions10/11€50k€50k=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€708k€708k=
Amounts payable17/49€1.01M€602k▼
Amounts payable within one year42/48€1.01M€601k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€12k€12k=
Credit institutions430/8€12k€12k=
Trade debts44€48k€105k▲
Suppliers440/4€48k€105k▲
Advances received on contracts in progress46€516k€51k▼
Taxes, remuneration and social security45€16k€14k▼
Taxes450/3€0-
Remuneration and social security454/9€16k€14k▼
Other amounts payable47/48€418k€419k▲
Accrued charges and deferred income492/3€1k€960▼
Income statement
Code20242025
Remuneration, social security and pensions62€125k€122k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€37k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€607k€614k▲
Operating profit (loss)9901€455k€452k▼
Financial income75/76B€16k€19k▲
Recurring financial income75€16k€19k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€468k€469k▲
Income taxes67/77€50k€50k▲
Profit (loss) for the period9904€419k€419k▲
Profit (loss) for the period to be appropriated9905€419k€419k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.13M€1.13M▲
Profit (loss) brought forward from the previous period14P€707k€708k▲
Profit to be distributed694/7€418k€419k▲
Return on contributions (dividend)694€145k€140k▼
Directors or managers695€273k€279k▲
Social balance
Average headcount (FTE)90871.91.9=
The notes to these accounts (8 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
15-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
12-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €253k ▼48.3%
Net result drops to €253k, the lowest in the series; recovery starts the following year.
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Highest result since 2019net €490k ▲70.4%
Operating result €524k, net result €490k, both a record.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
13-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
04-01
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, Oudenaarde · 1 establishment unit since 2006
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.
Kortrijkstraat 2549700 OudenaardeGround area
1,092 m²
Building footprint
262 m²
Parcel 45508B0617/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
Bart Vanderstraeten
since 20062.151.297.375
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45508B0617/00D000 | Flanders | 1,092 m² | 1 · 261 m² | - |
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
2022 · 1 entry · 45 EUR awarded · 45 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 45 EUR | 45 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
2 categoriesBART VANDERSTRAETEN BV30547
Similar companies · same sector, comparable size
VARDA
BE 0479.122.788
Antwerpen · Eq €763k
R & S SERVICE
BE 0452.635.850
As · Eq €762k
ESD SOLUTIONS
BE 0704.577.811
Houthalen-Helchteren · Eq €765k
Luco
BE 0456.185.258
Houthalen-Helchteren · Eq €761k
STEEN MULTITECH
BE 0638.771.427
Gistel · Eq €765k
Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 5,404 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2005
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.