C.E.E. VANDERVORST
ActiveSummary
The computed 12-month bankruptcy probability of C.E.E. VANDERVORST is 1.9% (moderate). The 2025 annual accounts show equity of €176,228 and a net result of -€27,359. Equity is shrinking by about 6.9% per year across the filed financial years. The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €176,228
- Loss
- -€27,359
Why 53raises risk1 change of registered office in 24 monthsLiquidity: current ratio 0.00, cash €147Latest accounts 27 days late; 2 of the last 3 latelowers riskSize: total assets €374,110Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 43% on solvency, 19% on liquidity, 11% on profitability and 21% on growth.
The bankruptcy probability was computed on 18-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 207 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00435492.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €27,594 in 2025 against €13,707 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,434 | €28,246 | €21,930 | €16,861 | €12,204 | €12,214 | €12,214 | €12,214 | = |
| Other operating charges640/8 | - | - | - | €1,947 | - | €4,789 | - | €2,835 | - |
| Gross operating margin9900 | €120,316 | €75,050 | €75,038 | -€6,243 | -€14,229 | -€6,997 | -€1,493 | -€12,545 | ▼ 740% |
| Operating profit (loss)9901 | €94,296 | €45,207 | €50,913 | -€25,051 | -€26,433 | -€24,000 | -€13,707 | -€27,594 | ▼ 101% |
| Financial income75/76B | - | - | - | - | €299 | - | - | - | - |
| Recurring financial income75 | - | €1 | - | - | €299 | - | - | - | - |
| Financial charges65/66B | - | - | - | €3,918 | €148 | €85 | €70 | €137 | ▲ 95.8% |
| Recurring financial charges65 | €11,616 | €9,314 | €6,995 | €3,918 | €148 | €85 | €70 | €137 | ▲ 95.8% |
| Profit (loss) for the period before taxes9903 | €82,679 | €35,893 | €43,918 | -€28,968 | -€26,282 | -€24,085 | -€13,777 | -€27,731 | ▼ 101% |
| Transfer from deferred taxes780 | - | - | - | €372 | €1,862 | €1,861 | €372 | €372 | = |
| Income taxes67/77 | €9,216 | €12,321 | €14,441 | €48 | - | - | - | - | - |
| Profit (loss) for the period9904 | €61,173 | €23,947 | €29,847 | -€28,644 | -€24,420 | -€22,224 | -€13,405 | -€27,359 | ▼ 104% |
| Transfer from tax-exempt reserves789 | - | - | - | €1,117 | - | - | €1,489 | €1,489 | = |
| Profit (loss) for the period to be appropriated9905 | €24,583 | €24,898 | €30,958 | -€27,527 | -€24,420 | -€22,224 | -€11,916 | -€25,869 | ▼ 117% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €683,464 | €670,776 | €657,407 | €426,652 | €412,528 | €400,443 | €386,296 | €374,110 | ▼ 3.2% |
| Fixed assets21/28 | €648,864 | €657,431 | €643,681 | €422,809 | €410,605 | €398,391 | €386,177 | €373,963 | ▼ 3.2% |
| Tangible fixed assets22/27 | €623,864 | €632,431 | €618,681 | €397,809 | €385,605 | €373,391 | €361,177 | €348,963 | ▼ 3.4% |
| Land and buildings22 | - | - | - | €397,809 | €385,605 | €373,391 | €361,177 | €348,963 | ▼ 3.4% |
| Financial fixed assets28 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Current assets29/58 | €34,600 | €13,345 | €13,726 | €3,842 | €1,923 | €2,052 | €119 | €147 | ▲ 24.1% |
| Amounts receivable within one year40/41 | €817 | €680 | €1,644 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €31,259 | €8,518 | €9,347 | €1,006 | €1,923 | €2,052 | €119 | €147 | ▲ 24.1% |
| Deferred charges and accrued income490/1 | - | - | - | €2,836 | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €683,464 | €670,776 | €657,407 | €426,652 | €412,528 | €400,443 | €386,296 | €374,110 | ▼ 3.2% |
| Equity10/15 | €241,463 | €265,410 | €295,257 | €266,614 | €240,704 | €216,991 | €203,587 | €176,228 | ▼ 13.4% |
| Contributions10/11 | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Capital10 | - | - | - | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Issued capital100 | - | - | - | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Reserves13 | €37,819 | €61,766 | €91,613 | €90,497 | €89,007 | €87,518 | €86,029 | €84,540 | ▼ 1.7% |
| Non-distributable reserves130/1 | - | - | - | €2,923 | €2,923 | €2,923 | €2,923 | €2,923 | = |
| Legal reserve130 | - | - | - | €2,923 | €2,923 | €2,923 | €2,923 | €2,923 | = |
| Tax-exempt reserves132 | - | - | - | €33,412 | €31,923 | €30,434 | €28,945 | €27,456 | ▼ 5.1% |
| Distributable reserves133 | - | - | - | €54,161 | €54,161 | €54,161 | €54,161 | €54,161 | = |
| Profit (loss) carried forward14 | €43,644 | €43,644 | €43,644 | €16,117 | -€8,303 | -€30,527 | -€42,443 | -€68,312 | ▼ 61.0% |
| Provisions and deferred taxes16 | €12,290 | €11,916 | €11,545 | €11,173 | €10,801 | €10,429 | €10,056 | €9,684 | ▼ 3.7% |
| Deferred taxes168 | - | - | - | €11,173 | €10,801 | €10,429 | €10,056 | €9,684 | ▼ 3.7% |
| Amounts payable17/49 | €429,711 | €393,450 | €350,605 | €148,865 | €161,023 | €173,023 | €172,653 | €188,198 | ▲ 9.0% |
| Amounts payable after more than one year17 | €297,082 | €238,249 | €211,320 | €56,151 | €56,151 | €56,151 | €56,151 | €56,151 | = |
| Other amounts payable178/9 | - | - | - | €56,151 | €56,151 | €56,151 | €56,151 | €56,151 | = |
| Amounts payable within one year42/48 | €126,554 | €147,876 | €131,381 | €90,766 | €104,872 | €116,872 | €116,502 | €132,047 | ▲ 13.3% |
| Trade debts44 | €1,662 | €538 | €508 | €122 | €370 | €370 | - | - | - |
| Suppliers440/4 | - | - | - | €122 | €370 | €370 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €1,947 | - | - | - | - | - |
| Taxes450/3 | - | - | - | €1,947 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €88,697 | €104,502 | €116,502 | €116,502 | €132,047 | ▲ 13.3% |
| Accrued charges and deferred income492/3 | - | - | - | €1,947 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €61,173 | €23,947 | €29,847 | -€28,644 | -€24,420 | -€22,224 | -€13,405 | -€27,359 | ▼ 104% |
| + Depreciation and write-downs630 | €24,434 | €28,246 | €21,930 | €16,861 | €12,204 | €12,214 | €12,214 | €12,214 | = |
| Operating cash flow (approximation) | €85,607 | €52,193 | €51,777 | -€11,783 | -€12,216 | -€10,010 | -€1,191 | -€15,145 | ▼ 1,172% |
| Investment in fixed assets (approximation) | - | -€36,813 | -€8,180 | €204,011 | €0 | €0 | -€0 | €0 | - |
| Change in cash | - | -€22,741 | €828 | -€8,340 | €917 | €129 | -€1,933 | €29 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 27-08-2026 | 2026-00435492 |
| 31-12-2024 | micro format | 24-12-2025 | 2026-00001602 |
| 31-12-2023 | micro format | 18-08-2025 | 2025-00379066 |
| 31-12-2022 | micro format | 18-08-2025 | 2025-00379059 |
| 31-12-2021 | micro format | 24-11-2022 | 2022-20525972 |
| 31-12-2020 | micro format | 30-07-2021 | 2021-45100200 |
| 31-12-2019 | micro format | 31-08-2020 | 2020-49700255 |
| 31-12-2018 | micro format | 14-08-2019 | 2019-47600025 |
| 31-12-2017 | micro format | 24-07-2018 | 2018-36800401 |
| 31-12-2016 | micro format | 31-07-2017 | 2017-38500597 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
History
Acts, filings and financial milestones
03-07
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 25-02-2026
- Registered-office move, Stationslaan 19,1820 Steenokkerzeel
04-06
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Registered-office move, Haachtsesteenweg 236,1820 Steenokkeel
- Board meeting, “enigebestuurder” (deed in Dutch)
03-04
Gazette deed
Resignation: VANDERVORST Hendrik Lucien (manager)Appointment: VANDERVORST Hendrik Lucien (statutory director) · Amendment of the articles · Legal-form conversion9 facts ▸
- General meeting, 18-12-2023
- Amendment of the articles (2 times)
- Legal-form conversion, “naamloze vennootschap” (deed in Dutch)
- Director resignation, VANDERVORST Hendrik Lucien (manager)
- Director appointment, VANDERVORST Hendrik Lucien (statutory director)
- Other provision, “gecommanditeerde vennoten blijven ten aanzien van derden hoofdelijk en onbeperkt aansprakelijk voor verbintenissen van vóór tijdstip vanaf hetwelk akte van omze…” (deed in Dutch)
- Capital, €160,000
- Power of attorney, Katrien DEVIJVER
- Registered office clause, “1820 Steenokkerzeel,Kerkstraat 33” (deed in Dutch)
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 3 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23051B0291/00V000 | Flanders | 1,433 m² | 1 · 336 m² | 8.9 m · 2 |
| 23051A0136/00N004 | Flanders | 975 m² | 1 · 207 m² | 9.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het leveren van managementprestaties voor verschillende vennootschappen en verenigingen; De rechtstreekse of onrechtstreekse participatie in…” (deed in Dutch)
7 activities (deed in Dutch)
- Het leveren van managementprestaties voor verschillende vennootschappen en verenigingen;
- De rechtstreekse of onrechtstreekse participatie in alle mogelijke commerciële,industriële,financiële,roerende en onroerende vennootschappen of ondernemingen;
- De controle op hun beheer of het participeren hierin door het opnemen van alle mogelijke mandaten binnen die vennootschappen of ondernemingen;
- De aankoop,het beheer en de verkoop van alle mogelijke roerende en onroerende waarden,van alle mogelijke maatschappelijke rechten,en meer algemeen,alle mogelijke verrichtingen met betrekking tot het beheer van de aldus gevormde portefeuille;
- De vennootschap heeft eveneens tot voorwerp de verwezenlijking van verrichtingen met betrekking tot het kopen,het verkopen en het verhuren van onroerende goederen voor eigen beheer.
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
- De vennootschap kan in het algemeen alle commerciële,industriële,financiële,roerende en onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan te vergemakkelijken.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- C.E.E. VANDERVORST
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, mag bij enkel besluit van de enige bestuurder administratieve zetels,agentschappen,ateliers,opslagplaatsen en bijhuizen…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “1, niet persoonlijk gehouden tot verbintenissen van de vennootschap” (deed in Dutch)“Enige bestuurder oefent geheel van bestuursbevoegdheden uit, mogelijkheid deel te delegeren” (deed in Dutch)“Niet bezoldigd behoudens andersluidende beslissing van de algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, iedere aandeelhouder kan kennis nemen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Tenzij algemene vergadering anders besluit bij gewone meerderheid, alle verrichtingen vermeld in wet” (deed in Dutch)1 more provision on this in the deed