DE VORMSNOEI
ActiveDE VORMSNOEI has been active since 2007 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2024 annual accounts show equity of €13k and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▼-1
Solvency34▲+3
Growth58=
Track record92
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.71 against 0.57 in 2023; short-term debt: 87.9% and cash: 0.3% of total assets), and 91.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
8.8%
Return on assets
3.6%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €13k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-11-2025, 118 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
118 d late
2023
133 d late
2022
443 d late
2021
808 d late
2020
152 d late
2019
143 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Equity
€13k▲ 70.7%
2023 · €8k
2018: €13k
2019: €24k
2020: €31k
2021: €14k
2022: €6k
2023: €8k
2018 → 2024
Total assets
€146k▲ 24.1%
2023 · €118k
2018: €327k
2019: €198k
2020: €208k
2021: €221k
2022: €145k
2023: €118k
2018 → 2024
Net result
€5k▲ 234%
2023 · €2k
2018: €-36k
2019: €11k
2020: €7k
2021: €-17k
2022: €-8k
2023: €2k
2018 → 2024
Working capital
€-37k▲ 11.8%
2023 · €-42k
2018: €-50k
2019: €-26k
2020: €-25k
2021: €-46k
2022: €-48k
2023: €-42k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€31k-€14k▼ 54.5%€6k▼ 58.2%€8k▲ 26.8%€13k▲ 70.7%
Operating result€11k-€-17k€-3k▲ 84.7%€7k€11k▲ 53.4%
Net result€7k-€-17k€-8k▲ 51.4%€2k€5k▲ 234%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 53% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €146k
Fixed assets
€55k▼ 12.5%
Current assets
€92k▲ 65.4%
Equity and liabilities €146k
Equity
€13k▲ 70.7%
Debt
€133k▲ 21.0%
The debt ratio falls from 93.6% to 91.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€28k▼
2023 · €31k
Cash flow
€23k▼
2023 · €26k
Solvency
8.8%▲
2023 · 6.4%
Current ratio
0.71▲
2023 · 0.57
Quick ratio
0.60▲
2023 · 0.42
Debt / equity
10.38▼
2023 · 14.65
ROE
41.4%▲
2023 · 21.1%
ROA
3.6%▲
2023 · 1.4%
Interest coverage
4.79▼
2023 · 5.29
Debt
€133k▲
2023 · €110k
Debt ≤ 1 year
€129k▲
2023 · €97k
Debt > 1 year
€4k▼
2023 · €12k
Income taxes
€140▲
2023 · €132
Staff costs
€218▲
2023 · €3
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€118k€146k▲
Fixed assets21/28€62k€55k▼
Intangible fixed assets21€1€1=
Tangible fixed assets22/27€62k€55k▼
Land and buildings22€23k€21k▼
Plant, machinery and equipment23€18k€10k▼
Furniture and vehicles24€21k€23k▲
Current assets29/58€55k€92k▲
Stocks and contracts in progress3€15k€15k▼
Stocks30/36€12k€13k▲
Contracts in progress37€3k€1k▼
Amounts receivable within one year40/41€38k€73k▲
Trade receivables40€30k€58k▲
Other amounts receivable41€8k€15k▲
Cash at bank and in hand54/58€500€500=
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€118k€146k▲
Equity10/15€8k€13k▲
Contributions10/11€19k€19k=
Reserves13€30k€30k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€-41k€-36k▲
Amounts payable17/49€110k€133k▲
Amounts payable after more than one year17€12k€4k▼
Financial debts170/4€12k€4k▼
Amounts payable within one year42/48€97k€129k▲
Current portion of amounts payable after more than one year42€16k€8k▼
Financial debts43€34k€38k▲
Credit institutions430/8€34k€38k▲
Trade debts44€36k€78k▲
Suppliers440/4€36k€78k▲
Taxes, remuneration and social security45€10k€3k▼
Taxes450/3€4k€3k▼
Remuneration and social security454/9€6k€0▼
Other amounts payable47/48€876€920▲
Accrued charges and deferred income492/3€824€824=
Income statement
Code20232024
Non-recurring operating income76A-€62
Remuneration, social security and pensions62€3€218▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€18k▼
Other operating charges640/8€690€3k▲
Gross operating margin9900€32k€31k▼
Operating profit (loss)9901€7k€11k▲
Financial income75/76B€630€676▲
Recurring financial income75€630€676▲
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€2k€5k▲
Income taxes67/77€132€140▲
Profit (loss) for the period9904€2k€5k▲
Profit (loss) for the period to be appropriated9905€2k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-41k€-36k▲
Profit (loss) brought forward from the previous period14P€-43k€-41k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 118 days late
2024
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 133 days late
16-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 443 days late
16-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 808 days late
02-08
KBO administration
Address struck
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 143 days late
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wuustwezel · 1 establishment unit since 2007
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.
Kalmthoutse Steenweg 2192990 WuustwezelGround area
2,555 m²
Building footprint
214 m²
Volume, LiDAR
1,118 m³
Parcel 11682F0046/00A002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE VORMSNOEI BVBA
since 20072.162.456.632
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11682F0046/00A002 | Flanders | 2,555 m² | 1 · 214 m² | 8.4 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.
Recognitions · licences · registrations
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
Leys Boomkwekerij
BE 0735.729.162
Lille · Eq €13k
NelsonDeuss
BE 0795.885.493
Antwerpen · Eq €12k
NIMITA Boomkwekerij
BE 0460.547.387
Hasselt · Eq €14k
RTMN
BE 1006.567.515
Pittem · Eq €14k
ARDENNES PLANTS
BE 0457.603.339
Libin · Eq €12k
Of 640 companies in sector 01301 we hold annual accounts for 296. 83 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-04-2007
Fiscal year end31-12
Activities, NACEBEL
01123
01301Crop and animal production, hunting and related service activities
81300Landscape service activities
01122
01191Growing of flowers
01410Raising of dairy cattle
42110Construction of roads and motorways
43120Site preparation
45112
45230
71111Activities of building architects
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.