BOUWONDERNEMING VANGAEVER
ActiveBOUWONDERNEMING VANGAEVER has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €96k and a net result of €9k. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-9
Solvency63▼-27
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.53 against 1.31 in 2023; short-term debt: 49.2% and cash: 0.8% of total assets), and 62.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
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
37.5%
Return on assets
3.6%
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 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
30 d late
2022
30 d late
2021
29 d late
2020
30 d late
2019
42 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€96k▼ 43.9%
2023 · €171k
2018: €195k
2019: €197k
2020: €195k
2021: €190k
2022: €171k
2023: €171k
2018 → 2024
Total assets
€256k▼ 3.4%
2023 · €265k
2018: €481k
2019: €357k
2020: €316k
2021: €318k
2022: €248k
2023: €265k
2018 → 2024
Net result
€9k▼ 67.0%
2023 · €28k
2018: €15k
2019: €3k
2020: €-794
2021: €-5k
2022: €2k
2023: €28k
2018 → 2024
Working capital
€-59k
2023 · €26k
2018: €58k
2019: €75k
2020: €64k
2021: €44k
2022: €25k
2023: €26k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€195k-€190k▼ 2.7%€171k▼ 9.8%€171k▼ 0.2%€96k▼ 43.9%
Operating result€8k-€9k▲ 1.0%€7k▼ 19.8%€53k▲ 673%€18k▼ 66.6%
Net result€-794-€-5k▼ 575%€2k€28k▲ 1,292%€9k▼ 67.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 67% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €256k
Fixed assets
€189k▲ 23.8%
Current assets
€66k▼ 40.6%
Equity and liabilities €256k
Equity
€96k▼ 43.9%
Debt
€160k▲ 70.2%
The debt ratio rises from 35.4% to 62.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€38k▼
2023 · €66k
Cash flow
€29k▼
2023 · €41k
Solvency
37.5%▼
2023 · 64.6%
Current ratio
0.53▼
2023 · 1.31
Quick ratio
0.53▼
2023 · 1.31
Debt / equity
1.67▲
2023 · 0.55
ROE
9.5%▼
2023 · 16.2%
ROA
3.6%▼
2023 · 10.5%
Interest coverage
10.07▼
2023 · 33.58
Debt
€160k▲
2023 · €94k
Debt ≤ 1 year
€126k▲
2023 · €86k
Debt > 1 year
€34k▲
2023 · €8k
Income taxes
€5k▼
2023 · €24k
Staff costs
€50k▼
2023 · €55k
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€265k€256k▼
Fixed assets21/28€153k€189k▲
Tangible fixed assets22/27€150k€186k▲
Land and buildings22€147k€139k▼
Plant, machinery and equipment23€1k€4k▲
Furniture and vehicles24€2k€43k▲
Financial fixed assets28€3k€3k=
Current assets29/58€112k€66k▼
Amounts receivable within one year40/41€76k€59k▼
Trade receivables40€65k€49k▼
Other amounts receivable41€10k€10k▼
Cash at bank and in hand54/58€33k€2k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€265k€256k▼
Equity10/15€171k€96k▼
Contributions10/11€6k€6k=
Reserves13€138k€63k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Tax-exempt reserves132€20k€20k=
Distributable reserves133€116k€43k▼
Profit (loss) carried forward14€27k€27k=
Amounts payable17/49€94k€160k▲
Amounts payable after more than one year17€8k€34k▲
Financial debts170/4€8k€34k▲
Amounts payable within one year42/48€86k€126k▲
Current portion of amounts payable after more than one year42€11k€18k▲
Financial debts43€13k€16k▲
Credit institutions430/8€13k€16k▲
Trade debts44€44k€40k▼
Suppliers440/4€44k€40k▼
Taxes, remuneration and social security45€11k€13k▲
Taxes450/3€9k€9k▼
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€7k€38k▲
Accrued charges and deferred income492/3-€41
Income statement
Code20232024
Non-recurring operating income76A-€23k
Remuneration, social security and pensions62€55k€50k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€20k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€125k€93k▼
Operating profit (loss)9901€53k€18k▼
Financial income75/76B€182€98▼
Recurring financial income75€182€98▼
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€51k€14k▼
Income taxes67/77€24k€5k▼
Profit (loss) for the period9904€28k€9k▼
Profit (loss) for the period to be appropriated9905€28k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€36k▼
Profit (loss) brought forward from the previous period14P€27k€27k=
Transfer from equity791/2€25k€84k▲
Transfer to equity691/2€25k€9k▼
To other reserves6921€25k€9k▼
Profit to be distributed694/7€28k€84k▲
Return on contributions (dividend)694€25k€84k▲
Directors or managers695€3k€0▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €28k ▲1292%
Operating result €53k, net result €28k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Waregem · 1 establishment unit 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.
Wilgendreef 208790 WaregemGround area
414 m²
Building footprint
157 m²
Volume, LiDAR
861 m³
Parcel 34452B0741/00C005, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wilgendreef 20, 8790 Waregem
since 20032.127.186.541
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0741/00C005 | Flanders | 414 m² | 1 · 157 m² | 12.9 m · 2 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.
Similar companies · same sector, comparable size
A.T.T.
BE 0830.079.181
Sint-Agatha-Berchem · Eq €96k
F.F.D.S.
BE 0669.697.007
Ukkel · Eq €96k
MAOS ENTREPRISE
BE 0877.480.905
Beersel · Eq €96k
BEL-PLACO CONSTRUCT
BE 0764.355.941
Vorst · Eq €96k
NICOLAS G.
BE 0452.292.687
Jodoigne · Eq €96k
Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 6,249 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2003
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43995Specialised construction activities
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@vangaever-bouw.be