Kachels Vanhecke
ActiveKachels Vanhecke has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €13k. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 93% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+7
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 16.34 against 4.9 in 2024; short-term debt: 5.7% and cash: 37.1% of total assets), and 5.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94.3%
Return on assets
13.8%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-04-2026, 5 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
5 d early
2024
on the day
2023
2 d early
2022
35 d early
2021
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€423k▲ 7.0%
2022 · €395k
2021: €345k
2022: €395k
2021 → 2023
EBIT margin
5.5%▲ 0.7pp
2022 · 4.9%
2021: 8.5%
2022: 4.9%
2021 → 2023
Net result
€13k▲ 69.6%
2024 · €8k
2021: €23k
2022: €17k
2023: €19k
2024: €8k
2021 → 2025
Working capital
€84k▲ 24.9%
2024 · €67k
2021: €21k
2022: €39k
2023: €60k
2024: €67k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€345k-€395k▲ 14.5%€423k▲ 7.0%
Equity€33k-€50k▲ 50.9%€70k▲ 38.7%€77k▲ 11.3%€91k▲ 17.2%
Operating result€29k-€19k▼ 34.3%€23k▲ 21.8%€11k▼ 51.5%€19k▲ 65.7%
Net result€23k-€17k▼ 27.1%€19k▲ 14.6%€8k▼ 59.6%€13k▲ 69.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 66% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€7k▼ 54.0%
Current assets
€90k▲ 5.9%
Equity and liabilities €96k
Equity
€91k▲ 17.2%
Debt
€5k▼ 74.4%
The debt ratio falls from 21.7% to 5.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▲
2024 · €19k
Cash flow
€21k▲
2024 · €15k
Solvency
94.3%▲
2024 · 78.3%
Current ratio
16.34▲
2024 · 4.90
Quick ratio
10.11▲
2024 · 3.79
Debt / equity
0.06▼
2024 · 0.28
ROE
14.6%▲
2024 · 10.1%
ROA
13.8%▲
2024 · 7.9%
Interest coverage
144.09▲
2024 · 17.62
Debt
€5k▼
2024 · €21k
Debt ≤ 1 year
€5k▼
2024 · €17k
Income taxes
€6k▲
2024 · €3k
Staff costs
€2k▼
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€99k€96k▼
Fixed assets21/28€14k€7k▼
Tangible fixed assets22/27€14k€7k▼
Furniture and vehicles24€14k€7k▼
Current assets29/58€85k€90k▲
Stocks and contracts in progress3€19k€34k▲
Stocks30/36€19k€34k▲
Amounts receivable within one year40/41€46k€20k▼
Trade receivables40€40k€14k▼
Other amounts receivable41€7k€6k▼
Cash at bank and in hand54/58€19k€36k▲
Equity and liabilities
Total equity and liabilities10/49€99k€96k▼
Equity10/15€77k€91k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€67k€81k▲
Amounts payable17/49€21k€5k▼
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€17k€5k▼
Current portion of amounts payable after more than one year42€6k€4k▼
Trade debts44€8k€1k▼
Suppliers440/4€8k€1k▼
Other amounts payable47/48€3k-
Income statement
Code20242025
Remuneration, social security and pensions62€2k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€23k€30k▲
Operating profit (loss)9901€11k€19k▲
Financial income75/76B€195€510▲
Recurring financial income75€195€510▲
Financial charges65/66B€1k€184▼
Recurring financial charges65€1k€184▼
Profit (loss) for the period before taxes9903€10k€19k▲
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€8k€13k▲
Profit (loss) for the period to be appropriated9905€8k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€67k€81k▲
Profit (loss) brought forward from the previous period14P€60k€67k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity triplescurrent ratio 16.34
Current ratio from 4.90 to 16.34; short-term debt falls from €17k to €5k.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €8k ▼59.6%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity quadruplescurrent ratio 7.63
Current ratio from 2.14 to 7.63; short-term debt falls from €35k to €9k.
26-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lendelede · 1 establishment unit since 2020
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.
Izegemsestraat 868860 LendeledeGround area
274 m²
Building footprint
146 m²
Volume, LiDAR
1,246 m³
Parcel 34025B0419/00V000, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Kachels Vanhecke
since 20202.299.779.730
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34025B0419/00V000 | Flanders | 274 m² | 1 · 146 m² | 12.9 m · 3 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.
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Of 1,745 companies in sector 46150 we hold annual accounts for 757. 599 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2020
Fiscal year end30-09
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
47529Retail trade
33110Repair and maintenance of fabricated metal products
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.