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ONDERNEMINGEN N. VINDEVOGEL

Active
Public limited companyfounded 1988active for 38 yearsNeerrechemstraat(HUS) 1, 9770 Kruisem, BelgiumKBO/BCE: BE 0434.376.490
Summary

ONDERNEMINGEN N. VINDEVOGEL has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.4m and a net result of €409,033. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 66% of 378 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-06-1988 Normal situation
Registered office
11 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Civil engineering NACE 42911and 3 others
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment units
2.038.671.764 9770 Kruisem, since 14-06-1988
2.374.836.647 9770 Kruisem, since 03-01-2024
Financial year end
31 December
Peppol
Reachable since 14-07-2026

Board and ownership

Board
  • JAVICO BV.Managing director
Auditor
VRC Bedrijfsrevisoren CVBA
Shareholders
  • NESSO· score 9431-03-2025 annual accounts of NESSO
  • Nesso BVannual accounts 2025

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Turnover
€18.5m
▲ 6.9%
Profit
€409,033
▲ 9.0%
Equity
€5.4m
▲ 8.1%
Total assets
€10.4m
▲ 13.5%
Employees on 31-12-2025
73
▼ 5.2%
  • €16 of overdue social security (RSZ) debts on 31-12-2025
  • 2025 accounts filed 60 days after the deadline
Filed on 29-09-2026
Score breakdownraises riskLast filed accounts filed 60 days late; 3 of the last 3 accounts latelowers riskFounded in 1988Equity €5.4m (52.3% of total assets)Legal form: public limited companyShow the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of medium-sized companies in civil engineering (NACE 42)
Financial strength · tick: 2024
Strong
Solvency 77-3
equity 52.3% of total assets
Liquidity 44-4
short-term debt 30.2% · cash 5.1%
Profitability 65+1
return on assets 3.9%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (105 companies, NACE 42, medium-sized)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.6%▲ +0.2 percentage points vs 09-2025highest value 11-2025: 0.2%▼ -0.4 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.3%▼ -0.1 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €470,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.68 (2.92 in 2024), above the usual 1.5. Short-term debt is 30.2% and cash 5.1% of total assets. 47.7% 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 42, medium-sized). It does better than 73% of them on solvency, 65% on liquidity, 40% on profitability and 57% on growth.

The bankruptcy probability was computed on 01-11-2026 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 · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 60 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Equity €5.4m (52.3% of total assets)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 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
60 days late
2024
71 days late
2023
83 days late
2022
77 days late
2021
16 days early
2020
31 days late
2019
20 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 47 days after the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% 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 10 October (4 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
02-11-2026 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: 2nd largest employer in Kruisem, Construction sectorin the Checked rankings No. 2 View
  • Positive: 8 profitable years in a rowprofit 2025: €409,033 8 years View

Recent changes

  1. · Gazette deed Reappointment: VRC Bedrijfsrevisoren CVBA (statutory auditor)Permanent representatives: Bart Roobrouck and Jan Vindevogel
  2. · Gazette deed Merger: ONDERNEMINGEN N. VINDEVOGEL takes over VINDEVOGEL INFRACapital increase of €310,000 to €1,310,000 · Resignation: JAVICO (sole director) · Permanent representative: VINDEVOGEL Jan
  3. · Gazette deed Merger proposal: Ondernemingen N. Vindevogel takes over Vindevogel InfraPermanent representative: Jan Vindevogel
All 17 events

Comparable companies

These companies have the same main activity as ONDERNEMINGEN N. VINDEVOGEL: civil engineering (NACE 42911). They are comparable in size and age: total assets between €4.4m and €35m, founded between 1959 and 1994.

CompanyTotal assetsTurnover
ONDERNEMINGEN N. VINDEVOGEL Kruisem€10.4m€18.5m
Vermetten Wegenbouw Merksplas€11.7m€22.2m
ENVIRONNEMENT - ECOLOGIE - CURAGE Fernelmont€11.1m€16.2m
GHENT DREDGING Nazareth-De Pinte€35.1m€38.6m
AQUA.COM Koekelare€13.3m€23.1m
DESOT Ieper€4.4m-
AANNEMERSBEDRIJF BUYTAERT Beveren-Kruibeke-Zwijndrecht€5.4m-
Full comparison

Key facts about ONDERNEMINGEN N. VINDEVOGEL

What is the company number of ONDERNEMINGEN N. VINDEVOGEL?
The company number of ONDERNEMINGEN N. VINDEVOGEL is 0434.376.490. The VAT number is the same number with BE in front: BE 0434.376.490.
Where is ONDERNEMINGEN N. VINDEVOGEL based?
The registered office is at Neerrechemstraat(HUS) 1, 9770 Kruisem.Company details
What does ONDERNEMINGEN N. VINDEVOGEL do?
According to the KBO register, the main activity is civil engineering (NACE 42911).
What is the legal form of ONDERNEMINGEN N. VINDEVOGEL?
The legal form of ONDERNEMINGEN N. VINDEVOGEL is Public limited company (NV).
When was ONDERNEMINGEN N. VINDEVOGEL founded?
ONDERNEMINGEN N. VINDEVOGEL was founded on 01-06-1988.
Is ONDERNEMINGEN N. VINDEVOGEL still active?
Yes, ONDERNEMINGEN N. VINDEVOGEL is an active enterprise in the KBO register.
How many employees does ONDERNEMINGEN N. VINDEVOGEL have?
ONDERNEMINGEN N. VINDEVOGEL had an average of 73.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ONDERNEMINGEN N. VINDEVOGEL fall under?
In its 2025 annual accounts, ONDERNEMINGEN N. VINDEVOGEL states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of ONDERNEMINGEN N. VINDEVOGEL?
The turnover of ONDERNEMINGEN N. VINDEVOGEL was €18.5m in financial year 2025, according to the filed annual accounts.
Is ONDERNEMINGEN N. VINDEVOGEL profitable?
In financial year 2025, ONDERNEMINGEN N. VINDEVOGEL made a profit of €409,033.
Where can I find the annual accounts of ONDERNEMINGEN N. VINDEVOGEL?
ONDERNEMINGEN N. VINDEVOGEL filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ONDERNEMINGEN N. VINDEVOGEL due?
ONDERNEMINGEN N. VINDEVOGEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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