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IMMO VANDENBULCKE

Active
Public limited companyfounded 1988active for 38 yearsZeedijk 128, 8430 Middelkerke, BelgiumKBO/BCE: BE 0435.207.326
Summary

IMMO VANDENBULCKE has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €655,610 and a net result of -€22,450. Equity has been stable since 2019 (±3.2% per year). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 31-08-1988 Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.131.488.688 8430 Middelkerke, since 29-11-2001
Financial year end
31 March
Peppol
Reachable since 18-03-2025

Board and ownership

Board

Financial position

66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts to 31-03-2025
Gross margin
€90,364
▼ 17.6%
Turnover
≈ €270,000
estimated
Loss
€22,450
Equity
€655,610
▼ 3.3%
Total assets
€1.5m
▼ 3.9%
  • 2026 accounts not filed, 5 days past the deadline
Score breakdownraises riskLiquidity: current ratio 0.02, cash €431, halvedFigures for financial year 2025 (filed on 03-10-2025)Founded in 1988lowers riskSize: total assets €1.5mShow the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 28% of micro companies without a NACE code
Financial strength · tick: 2024
Weak
Solvency 70+1
equity 44.6% of total assets
Liquidity 30-2
short-term debt 41.5% · cash 0.0%
Profitability 30-9
return on assets -1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025lowest value 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%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%▲ +0.1 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.7%▲ +0.4 percentage points vs 09-2026 11-2026: 0.8%▲ +0.1 percentage points vs 10-2026highest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.02 (0.04 in 2024), below 1. Short-term debt is 41.5% and cash 0% of total assets. 55.4% 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 (no NACE code, micro). It does better than 41% of them on solvency, 17% on liquidity, 21% on profitability and 34% 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.

The probability rests on the annual accounts with balance sheet date 31-03-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.02, cash €431, halved
NBB · annual accounts
lowers risk · Size: total assets €1.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 03-10-2025)
NBB · annual accounts
raises risk · Founded in 1988
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
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 30-09-2025, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
31 days early
2024
3 days early
2023
4 days early
2022
4 days early
2021
30 days late
2020
19 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 6 accounts on average 1 day after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Reappointments: Mariette Flament, Noël Vandenbulcke and Wim Vandenbulcke
  2. · Gazette deed Incorporation
All 16 events

Key facts about IMMO VANDENBULCKE

What is the company number of IMMO VANDENBULCKE?
The company number of IMMO VANDENBULCKE is 0435.207.326. The VAT number is the same number with BE in front: BE 0435.207.326.
Where is IMMO VANDENBULCKE based?
The registered office is at Zeedijk 128, 8430 Middelkerke.Company details
What is the legal form of IMMO VANDENBULCKE?
IMMO VANDENBULCKE is a public limited company (NV).
When was IMMO VANDENBULCKE founded?
IMMO VANDENBULCKE was founded on 31-08-1988.
Is IMMO VANDENBULCKE still active?
Yes, IMMO VANDENBULCKE is an active enterprise in the KBO register.
What is the turnover of IMMO VANDENBULCKE?
The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €90,364 and 2,663 comparable companies of the same size. It probably lies between €180,000 and €470,000. It is a rough estimate.Financials
Is IMMO VANDENBULCKE profitable?
In financial year 2025, IMMO VANDENBULCKE made a loss of €22,450.
Where can I find the annual accounts of IMMO VANDENBULCKE?
IMMO VANDENBULCKE filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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