Equity
€100.8m ▲ 1.3%
DE VELDHOEK has made a profit in every financial year since 2007.
DE VELDHOEK
Lifetime
18 annual accounts with figures on one time axis, 22 filings since 2003Turnoverpeak €20.6m (2025)
€20.6m▲ 56.6%
Resultpeak €26.9m (2022)
€1.3m▼ 60.2%
Equitypeak €103.1m (2023)
€100.8m▲ 1.3%
Debts
€6.7m▲ 149%
Board4 names since 2022
1 directorFien STUBBE
Documentsfilings and deeds
16-10-202515 days before the deadline
2025financial year
Turnover from €13.2m to €20.6mResult from €3.3m to €1.3mReappointment: VRC Bedrijfsrevisoren BV (statutory auditor) 30-10Debts from €2.7m to €6.7mCash from €7.3m to €1.4m
Key points
from the 2025 annual accountsResult
€1.3m ▼ 60.2%
The result fell in 2025 from €3.3m to €1.3m.
Payment terms
122 days to suppliers
DE VELDHOEK pays its suppliers 49 days later than in 2024. Customers pay 48 days earlier.
Filings
22 annual accounts 6 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Group
5 companies controlled
Heads a group.
Position in the sector
€100.8m
More equity than 95% of companies in head offices and management consultancy. Sector median €1.1m · 3,870 companies.
Checked score
93
Excellent
Financially stronger than 66% of large companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 204 companies (NACE 70, large).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025lowest value
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.1%▲ +0.1 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 3.13, cash €1.4m, halved
Figures for financial year 2025 (filed on 16-10-2025)
lowers risk
Size: turnover €20.6m, total assets €107.4m
Equity €100.8m (93.8% of total assets)
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 70, large). It does better than 75% of them on solvency, 77% on liquidity, 50% on profitability and 63% on growth.
The bankruptcy probability was computed on 05-11-2026 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 31-03-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
Credit verdict
Credit of up to €2,050,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.13 (5.69 in 2024), above the usual 1.5. Short-term debt is 6.2% and cash 1.3% of total assets. 6.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 16-10-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
not filed
2025
15 days early
2024
21 days early
2023
4 days early
2022
32 days early
2021
27 days early
2020
22 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 20 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- Lieven STUBBE 255,364 sharesdeed of 08-01-2024
- huwgemeenschap tussen de heer Lieven STUBBE en mevrouw Goedele MASSCHELEIN 2,466 sharesdeed of 08-01-2024
- Frans STUBBE 53,400 sharesdeed of 08-01-2024
Shares in 5 companies, including Dutch Stubbe Tobacco Company and FLANDRIA - Tabak, sigaren en sigarettenfabriek
Board & ownershipRecent changes
Algemene Vergadering - Boekjaar
Gazette deed
Reappointment: VRC Bedrijfsrevisoren BV (statutory auditor)
General meeting of 19-09-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0477353826
Appointment: Fien STUBBE (director)
General meeting of 18-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| DE VELDHOEK Zonnebeke | €20.6m | 4.5% | 93.8% | - |
| PLASTIFLEX GROUP Beringen | €25.4m | 10.4% | 83.4% | 26 |
| B & R Arendonk | €15.6m | 12.8% | 30.2% | 47.4 |
| Kpler Holding Etterbeek | €14.8m | -18.4% | 62.4% | 10.5 |
| ALGEMENE PARTICIPATIE KERKHOFS Pelt | €23.2m | 8.5% | 40.4% | 6.6 |
| BELGIAN PORK GROUP Staden | €39.3m | 4.0% | 64.9% | 12.7 |
| VAN MARCKE TRADING GROUP Kortrijk | €16.6m | 2.5% | 25.3% | 66.8 |
Grey: the largest companies of the sector (head offices and management consultancy (NACE 70)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as DE VELDHOEK: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €84m and €154m, founded between 1989 and 2006.
Official details
Source: KBO- Status
- Active since 17-04-2002Normal situation
- Activity
- Activities of head officesNACE 70100and 1 other
- Establishment unit
- 2.100.631.9018980 Zonnebeke, since 10-07-2002
- Financial year end
- 31 March
- Peppol
- Reachable since 11-06-2025
Companies linked to DE VELDHOEK
Subsidiaries and holdings
Insights on DE VELDHOEK
DE VELDHOEK has existed since 2002. In 2023 turnover rose from €2.5m to €16.9m.
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 DE VELDHOEK
- What is the company number of DE VELDHOEK?
- The company number of DE VELDHOEK is 0477.353.826. The VAT number is the same number with BE in front: BE 0477.353.826.
- Where is DE VELDHOEK based?
- The registered office is at Plasstraat 6, 8980 Zonnebeke.Company details
- What does DE VELDHOEK do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of DE VELDHOEK?
- DE VELDHOEK is a private limited company (BV).
- When was DE VELDHOEK founded?
- DE VELDHOEK was founded on 17-04-2002.
- Is DE VELDHOEK still active?
- Yes, DE VELDHOEK is an active enterprise in the KBO register.
- What is the turnover of DE VELDHOEK?
- The turnover of DE VELDHOEK was €20.6m in financial year 2025, according to the filed annual accounts.Financials
- Is DE VELDHOEK profitable?
- In financial year 2025, DE VELDHOEK made a profit of €1.3m.
- Where can I find the annual accounts of DE VELDHOEK?
- DE VELDHOEK filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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