De Beide Vlaanderen
The computed 12-month bankruptcy probability of De Beide Vlaanderen is 0.1% (very low). The 2025 annual accounts show equity of €15.81M and a net result of €179k. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 208 sector peers (fiscal year 2025). The company has been active since 1960 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €15.81M |
| Net result | €179k |
| Staff (FTE) | 14.2 |
| Better than sector | 53% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 34.4% | 32.2% | |
| Net result | €179k | €8k | |
| Equity | €15.81M | €503k | |
| Staff costs | €1.22M | €187k | |
| Employees (FTE) | 14.2 | 1.4 |
Show 15 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | €4.64M |
| EBITDA | €1.59M |
| Net profit | €179k |
| Cash flow | €189k |
| Staff costs | €1.22M |
| Income taxes | €65k |
| Dividends | €250k |
| Total assets | €45.94M |
| Equity | €15.81M |
| Debt | €30.13M |
| of which ≤ 1y | €3.15M |
| of which > 1y | €26.90M |
| Working capital | €-2.92M |
| Employees (FTE) | 14.2 |
| 2025 | |
|---|---|
| Current ratio | 0.07 |
| Quick ratio | 0.07 |
| Working capital ratio | -6.4% |
| Solvency | 34.4% |
| Debt / equity | 1.91 |
| Long-term debt ratio | 1.70 |
| Interest coverage | 1.13 |
| Gross margin | - |
| Net margin | 3.9% |
| ROA | 0.4% |
| ROE | 1.1% |
| EBITDA margin | 34.2% |
| Days sales outstanding | 0d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €45.94M |
| Fixed assets | 21/28 | €45.71M |
| Tangible fixed assets | 22/27 | €20k |
| Financial fixed assets | 28 | €45.69M |
| Current assets | 29/58 | €227k |
| Amounts receivable within one year | 40/41 | €108k |
| Cash & bank | 54/58 | €108k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €45.94M |
| Equity | 10/15 | €15.81M |
| Contributions / capital | 10/11 | €11.04M |
| Reserves | 13 | €4.77M |
| Amounts payable | 17/49 | €30.13M |
| Amounts payable after one year | 17 | €26.90M |
| Amounts payable within one year | 42/48 | €3.15M |
| Trade debts payable within one year | 44 | €184k |
| Income statement | ||
| Turnover | 70 | €4.64M |
| Operating result | 9901 | €1.58M |
| Financial income | 75 | €80k |
| Financial charges | 65 | €1.41M |
| Result before taxes | 9903 | €244k |
| Income taxes | 67/77 | €65k |
| Net result for the period | 9904 | €179k |
| Result to be appropriated | 9905 | €558k |
-
NV CALLENS VANDELANOTTELegal entityChair· perm. rep.: Nikolas VandelanotteState Gazette act 24100788 (04-07-2024)Current23-05-2024 → present
-
CommV CelestateLegal entityDirector· perm. rep.: Célestine VerhaegheState Gazette act 23008778 (18-01-2023)Current01-12-2022 → present
-
CommV FloverenceLegal entityDirector· perm. rep.: Florence VerhaegheState Gazette act 23008778 (18-01-2023)Current01-12-2022 → present
Permanent representatives (1)
-
NV DE BEIDE VLAANDERENLegal entityPermanent representative· perm. rep.: Wim VerhaegheState Gazette act 24100788 (04-07-2024)Permanent representative23-05-2024 → present
Former directors (2)
-
Célestine VerhaegheDirectorState Gazette act 23008778 (18-01-2023)Former- → 01-12-2022
-
Florence VerhaegheDirectorState Gazette act 23008778 (18-01-2023)Former- → 01-12-2022
| NACE primary | Ontwikkeling van residentiële bouwprojecten(68121) |
| Legal form | Public limited company(014) |
| Incorporation | 02-03-1960 |
| Status | Active |
| Postal code | 8610 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32011C1520/00Y000 | Flanders | 5,490 m² | 1 · 1,119 m² | 0.0 m |
| 32011C0457/00Z002 | Flanders | 937 m² | 1 · 392 m² | 11.4 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
04-07-2024 2 directors appointed
- Nikolas Vandelanotte, Voorzitter
- Wim Verhaeghe, Vaste vertegenwoordiger
Technical details
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"effective_date": "2024-05-23",
"evidence_quote": "Uit notulen van de gewone algemene vergadering, gehouden op 23/05/2024, blijkt dat werd beslist om de NV CALLENS VANDELANOTTE, met zetel te 8500 Kortrijk, President Kennedypark 1A, ingeschreven in het rechtspersonenregister onder het nummer 0433.608.707 alsook bij het IBR onder het nummer B00083, te",
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"name": "NV DE BEIDE VLAANDEREN",
"address": "Den Triangel 2, 8610 Kortemark",
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},
"act_meta": {
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"corrected_publication_numac": null
}18-01-2023 2 directors appointed, 2 resigning
- Célestine Verhaeghe, Bestuurder
- Florence Verhaeghe, Bestuurder
- Célestine Verhaeghe, Bestuurder
- Florence Verhaeghe, Bestuurder
Technical details
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"reason": null,
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"via_org": null,
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"compensated": null,
"effective_date": "2022-12-01",
"evidence_quote": "Uit de notulen van de bijzondere algemene vergadering d.d. 01/12/2022 blijkt het ontslag als bestuurder van de NV De Beide Vlaanderen, aangeboden door mevrouw C\u00E9lestine Verhaeghe",
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"effective_date": "2022-12-01",
"evidence_quote": "Uit diezelfde notulen blijkt dat de vergadering beslist heeft om in hun vervanging te voorzien door volgende (rechts)personen te benoemen als bestuurder met ingang van 01/12/2022",
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"kbo": "0792.535.530",
"name": "CommV Celestate",
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},
"statutory": null,
"compensated": true,
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"via_org": {
"kbo": "0791.430.720",
"name": "CommV Floverence",
"address": "8000 Brugge, Langestraat 21A bus B00.01",
"country": "BE",
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},
"statutory": null,
"compensated": true,
"effective_date": "2022-12-01",
"evidence_quote": "De CommV Floverence, met zetel te 8000 Brugge, Langestraat 21A bus B00.01, ingeschreven in het rechtspersonenregister onder het nummer 0791.430.720. Het mandaat is bezoldigd.",
"decharge_status": null,
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"reason": null,
"subkind": "successor_conditional",
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"country": "BE",
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"evidence_quote": "De enige zaakvoerder van de CommV Celestate, mevrouw C\u00E9lestine Verhaeghe, stelt zichzelf aan als vaste vertegenwoordiger van de CommV Celestate voor de uitoefening van haar mandaat als bestuurder in de NV De Beide Vlaanderen.",
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],
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},
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{
"body": "bijzondere_algemene_vergadering",
"date": "2022-12-01",
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}
],
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}12-08-2022 Capital decrease
Technical details
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}
],
"notary": {
"name": "Debbie Hebbelinck",
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},
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"language": "nl",
"pub_date": "2022-08-12",
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},
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"kbo": "0405.489.197",
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},
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"co_filed_documents": [
"expedition van de akte dd. 13 juli 2022",
"geco\u00F6rdineerde tekst der statuten"
],
"shareholders_after": [],
"share_classes_after": []
}22-02-2022 Registered office moved to Kortemark
- Den Triangel 2, 8610 Kortemark
Technical details
{
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{
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"new_address": {
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"box_number": null,
"street_number": "2",
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},
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"effective_date": "2022-01-17",
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],
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},
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},
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}| Legal nameNL | De Beide Vlaanderen |