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BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN

Active Public limited companyfounded 1994active for 31 yearsHofveldstraat 72, 9688 MaarkedalKBO/BCE: BE 0454.087.187 #7 company by total assets in Maarkedal, Construction sector

Lifetime

20 annual accounts with figures on one time axis, 31 filings since 1995
peak €1.7m (2011)
€322,283▲ 188%
lowest -€390,858 (2022)
€314,068▲ 296%
peak €595,281 (2016)
€429,536▲ 272%
€594,880▼ 34.4%
peak 34.8 FTE (2013)
0 FTE 
Board5 names since 2020
5 directorsVANDENDRIESSCHE Jean-Marie and 4 others
Owners2 names in the annual accounts
8.33%YELLOOW
Documentsfilings and deeds
11-06-202650 days before the deadline
2025abbreviated format
Gross margin from €111,868 to €322,283Result from €79,269 to €314,068Registered office moved from Ronse to Maarkedal 28-03Equity from €115,468 to €429,536Debts from €906,566 to €594,880Cash from €5,657 to €3,298

Key points

from the 2025 annual accounts

Equity

€429,536 ▲ 272%

BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN has made a profit without a break since 2023.

Result

€314,068 ▲ 296%
€79,3002024€314,0002025

The result rose in 2025 from €79,269 to €314,068.

Turnover

≈ €690,000 estimated

The abbreviated format states no turnover.

Liquidity

1.73 was 1.13 in 2024

Short-term debts fell from €903,690 to €592,925.

Filings

31 annual accounts 32 filings since 1995
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 45 to 69 days before the end of the period.

Position in the sector

€314,068

Higher net result than 94% of companies in construction of buildings. Sector median €19,063 · 2,809 companies.

Checked score

71
Healthy
Financially stronger than 63% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 1.2%▲ +0.5 percentage points vs 03-2025 05-2025: 1.4%▲ +0.2 percentage points vs 04-2025highest value 06-2025: 1.0%▼ -0.4 percentage points vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.0%● unchanged vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.1%▲ +0.1 percentage points vs 03-2026 05-2026: 1.3%▲ +0.2 percentage points vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 0.6%▼ -0.7 percentage points vs 06-2026lowest value 08-2026: 0.6%● unchanged vs 07-2026lowest value 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value

Financial strength
Strong

67+31equity 41.9% of total assets
20+18short-term debt 57.9% · cash 0.3%
100+22return on assets 30.7%

Score breakdown

raises risk
1 change of registered office in 24 months
Liquidity: current ratio 1.73, cash €3,298
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Founded in 1994
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 50% of them on solvency, 17% on liquidity, 91% on profitability and 96% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN itself is higher: 0.6% within 12 months. It rests on far more data about BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.73 (1.13 in 2024), above the usual 1.5. Short-term debt is 57.9% and cash 0.3% of total assets. However, 58.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 1.73, cash €3,298
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €429,536
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
50 days early
2024
69 days early
2023
50 days early
2022
53 days early
2021
45 days early
2020
53 days early
2019
59 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 54 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • YELLOOW 8.33%score 83equity €121,530 (2025) · 2025 annual accounts of YELLOOW
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0454087187
Registered office moved from Ronse to Maarkedal New registered office: Hofveldstraat 72 bus 0102, 9680 Maarkedal · Previous registered office: Pontstraat 2, 9600 Ronse · Board meeting of 24-02-2025 · Gazette deed
4 directors appointed, 2 resignations Resignations: VANDENDRIESSCHE Jean-Marie Jules Henri (managing director) and VANDEPUTTE Filip (managing director) · Appointments: VANDENDRIESSCHE Jean-Marie Jules Henri (managing director), VANDEPUTTE Filip (managing director), TRUYEN Katrien Annie and VANDENHAESEVELDE Hilde Vera · Gazette deed
Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen · Sint-Lievens-Houtem
All 55 events

Comparable companies

same main activity, similar in size and age
Company
BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN Maarkedal €1.0m €322,283 41.9% 0
A. VAN DAMME ALGEMENE BOUWWERKEN Ghent €1.2m €267,510 36.3% 0
DEVAPLUS R & C Aalter €0.9m €404,769 57.8% 0.4
VERBRAEKEN BOUWWERKEN Balen €1.4m €340,254 64.9% 0
BOUWWERKEN PETER MAES Ingelmunster €1.5m €276,149 34.6% 0
Bouwonderneming De Ketele-Verhaeghe Harelbeke €0.6m €318,079 54.7% 0
BULL RENOV Aalst €1.0m €230,400 15.4% 0

These companies have the same main activity as BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €610,000 and €1.5m, founded between 1986 and 2006.

Official details

Source: KBO
Status
Active since 19-12-1994Normal situation
Activity
General construction of residential buildingsNACE 41001
Establishment unit
2.069.955.7499688 Maarkedal, since 17-01-1995
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€1.0m▲ 0.2%
Filing
Filed on 11-06-2026, 50 days before the end of the filing period
Financials

Insights on BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN

BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN files the abbreviated format. That format states no turnover. The gross margin fell from €1.2m in 2006 to €322,283 in 2025.

In November 2023, the Official Gazette published the appointment of VANDEPUTTE Filip as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN

What is the company number of BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN?
The company number of BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN is 0454.087.187. The VAT number is the same number with BE in front: BE 0454.087.187.
Where is BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN based?
The registered office is at Hofveldstraat 72, 9688 Maarkedal.Company details
What does BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN?
BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN is a public limited company (NV).
When was BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN founded?
BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN was founded on 19-12-1994.
Is BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN still active?
Yes, BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN is an active enterprise in the KBO register.
How many employees does BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN have?
BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN had an average of 14 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN?
The turnover in financial year 2025 is ≈ €690,000. This figure is estimated from the gross margin of €322,283 and 30 comparable companies (NACE 41001). It probably lies between €550,000 and €1.0m.
Is BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN profitable?
In financial year 2025, BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN made a profit of €314,068.
Where can I find the annual accounts of BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN?
BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN due?
BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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