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DRUKKERIJ E. VANDERHAEGEN

Active
Private limited companyfounded 1972active for 53 yearsWaregemsesteenweg(KRU) 15, 9770 Kruisem, BelgiumKBO/BCE: BE 0412.820.419
Summary

DRUKKERIJ E. VANDERHAEGEN has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €51,941. Equity has been shrinking by about 4% per year since 2018. Its solvency ranks better than 95% of 1,122 sector peers (NACE 18, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-12-1972 Normal situation
Activity
Other printing NACE 18120and 2 others
Establishment unit
2.007.794.288 9770 Kruisem, since 01-01-1973
Financial year end
31 December
Peppol
Reachable since 18-02-2026

Board and ownership

Shareholders
  • VANDERHAEGEN Lieven Emiel Achielact of 13-01-2022
  • VANDERHAEGEN Geert Irma Paulact of 13-01-2022
  • VANDERHAEGEN Els Francine Leonieact of 13-01-2022
and 1 other shareholder

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€81,700
▲ 57.7%
Turnover
≈ €250,000
estimated
Profit
€51,941
▲ 27×
Equity
€1.2m
▲ 0.1%
Total assets
€1.3m
▲ 0.7%
Staff
≈ 0.8 FTE
estimated
  • 2025 accounts filed 29 days after the deadline
Score breakdownraises riskLast filed accounts filed 29 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 12.54, cash €718,877Founded in 1972Equity €1.2m (94.7% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of micro companies in printing (NACE 18)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 94.7% of total assets
Liquidity 100=
short-term debt 5.3% · cash 55.6%
Profitability 74+50
return on assets 4.0%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,614 companies, NACE 18, micro)
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 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points 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%▼ -0.1 percentage points vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026highest value 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 12.54 (13.79 in 2024), above the usual 1.5. Short-term debt is 5.3% and cash 55.6% of total assets. 5.3% of the assets are financed with debt and provisions.
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 18, micro). It does better than 88% of them on solvency, 97% on liquidity, 53% on profitability and 43% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 12.54, cash €718,877
NBB · annual accounts
lowers risk · Founded in 1972
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €1.2m (94.7% of total assets)
NBB · annual accounts
raises risk · Last filed accounts filed 29 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
29 days late
2024
31 days late
2023
29 days late
2022
31 days late
2021
31 days late
2020
27 days late
2019
89 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 38 days after the deadline. In the sector (NACE 18), the median for financial year 2024 was 5 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €1,922 to €51,941 ▲ 27× View
  • Positive: Higher solvency than 95% of companies in printingsector median 50.2% · 1,122 companies 94.7% View

Recent changes

  1. · Gazette deed 1 director appointed, 3 directors resigningResignations: VANDERHAEGEN Lieven Emiel Achiel, VANDERHAEGEN Els Francine Leonie and BEULLENS Christiaan · Appointment: VANDERHAEGEN Lieven Emiel Achiel (director) · Legal-form conversion: from public limited company to private limited company
All 14 events

Comparable companies

These companies have the same main activity as DRUKKERIJ E. VANDERHAEGEN: other printing (NACE 18120). They are comparable in size and age: total assets between €531,000 and €1.6m, founded between 1961 and 1986.

CompanyTotal assetsGross margin
DRUKKERIJ E. VANDERHAEGEN Kruisem€1.3m€0.08m
UNIVERS Merelbeke-Melle€1.6m€0.07m
Work-Around Gent Gent€0.9m€0.2m
DELE PRINTING Roeselare€1.0m€0.1m
IMPRIMERIE DEJARDIN Bassenge€1.1m€0.07m
BELPUB Roeselare€0.9m€0.09m
VAN DEN BERGH en Co Zele€0.5m€0.06m
Full comparison

Key facts about DRUKKERIJ E. VANDERHAEGEN

What is the company number of DRUKKERIJ E. VANDERHAEGEN?
The company number of DRUKKERIJ E. VANDERHAEGEN is 0412.820.419. The VAT number is the same number with BE in front: BE 0412.820.419.
Where is DRUKKERIJ E. VANDERHAEGEN based?
The registered office is at Waregemsesteenweg(KRU) 15, 9770 Kruisem.Company details
What does DRUKKERIJ E. VANDERHAEGEN do?
According to the KBO register, the main activity is other printing (NACE 18120).
What is the legal form of DRUKKERIJ E. VANDERHAEGEN?
The legal form of DRUKKERIJ E. VANDERHAEGEN is Private limited company (BV).
When was DRUKKERIJ E. VANDERHAEGEN founded?
DRUKKERIJ E. VANDERHAEGEN was founded on 23-12-1972.
Is DRUKKERIJ E. VANDERHAEGEN still active?
Yes, DRUKKERIJ E. VANDERHAEGEN is an active enterprise in the KBO register.
How many employees does DRUKKERIJ E. VANDERHAEGEN have?
DRUKKERIJ E. VANDERHAEGEN had an average of 3.4 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of DRUKKERIJ E. VANDERHAEGEN?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €81,700 and 2,666 comparable companies of the same size. It probably lies between €160,000 and €430,000. It is a rough estimate.
Is DRUKKERIJ E. VANDERHAEGEN profitable?
In financial year 2025, DRUKKERIJ E. VANDERHAEGEN made a profit of €51,941.
Where can I find the annual accounts of DRUKKERIJ E. VANDERHAEGEN?
DRUKKERIJ E. VANDERHAEGEN filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DRUKKERIJ E. VANDERHAEGEN due?
DRUKKERIJ E. VANDERHAEGEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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