PETER VANHOOREN
ActiveSummary
PETER VANHOOREN has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €149,728 and a net result of €14,245. Equity has been growing by about 13% per year since 2019. Its solvency ranks better than 48% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-10-1994 Normal situation
- Activity
- Other specialised construction activities NACE 43990and 1 other
- Establishment unit
- 2.068.985.353 8610 Kortemark, since 16-05-2002
- Financial year end
- 30 June
- Peppol
- Reachable since 02-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €58,866
- ▲ 686%
- Turnover
- ≈ €300,000
- estimated
- Profit
- €14,245
- ▼ 25.4%
- Equity
- €149,728
- ▲ 10.5%
- Total assets
- €331,326
- ▼ 2.6%
- 2025 accounts filed 2 days after the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 1994Equity €149,728 (45.2% of total assets)Figures for financial year 2025 (filed on 09-02-2026)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 49% of them on solvency, 26% on liquidity, 47% on profitability and 56% 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 2 days after the deadline Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00035612.
Annual accounts 2025 filed on 02-02-2026 PDF all 30 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a profit of €26,239, after a loss of €24,758 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €7,961 | €68,633 | €71,431 | €16,152 |
| Depreciation and write-downs of the year | €31,192 | €11,059 | €29,697 | €34,864 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as PETER VANHOOREN: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €261,000 and €393,000, founded between 1990 and 1997.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| PETER VANHOOREN Kortemark | 1994 | €331,326 | €149,728 | €58,866 | €14,245 | 2025 |
| BRICO HOME Oostende | 1990 | €316,311 | €304,471 | €55,469 | €39,139 | 2025 |
| ARDETI - TOITURES Daverdisse | 1994 | €367,320 | €358,706 | €61,970 | €33,089 | 2025 |
| BATI - MUST Flémalle | 1994 | €322,637 | €99,444 | €51,232 | €1,100 | 2025 |
| Michiels Tielt-Winge | 1992 | €343,818 | €122,107 | €53,164 | €5,775 | 2025 |
| OPTI INVEST S.A. Chaudfontaine | 1995 | €392,950 | €210,317 | €47,599 | €191 | 2025 |
| D'AFATSKY Zedelgem | 1997 | €260,733 | €160,375 | €67,030 | €38,984 | 2025 |
They were chosen from the 7,010 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 17,041 companies had the same profile as PETER VANHOOREN has now. Two years later, 0.5% had gone bankrupt and 94.4% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PETER VANHOOREN itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for PETER VANHOOREN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €32,000 | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €175 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,731 | €29,409 | €30,442 | €31,192 | €11,059 | €29,697 | €34,864 | ▲ 17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €4,688 | €0 | -€9,921 | - |
| Other operating charges640/8 | - | - | - | €7,799 | €2,131 | €2,550 | €7,684 | ▲ 201% |
| Gross operating margin9900 | €37,416 | €32,692 | €40,372 | €51,319 | €64,274 | €7,490 | €58,866 | ▲ 686% |
| Operating profit (loss)9901 | €3,577 | €824 | €6,268 | €12,154 | €46,396 | -€24,758 | €26,239 | - |
| Financial income75/76B | - | - | - | €630 | €1 | €60,116 | €1,748 | ▼ 97.1% |
| Recurring financial income75 | €282 | €0 | €0 | €630 | €1 | €38,198 | €1,748 | ▼ 95.4% |
| Non-recurring financial income76B | - | - | - | - | - | €21,917 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €2,487 | €4,747 | €10,113 | €7,407 | ▼ 26.8% |
| Recurring financial charges65 | €13,663 | €3,126 | €2,515 | €2,487 | €4,747 | €10,113 | €7,407 | ▼ 26.8% |
| Profit (loss) for the period before taxes9903 | €7,978 | -€2,302 | €3,753 | €10,297 | €41,650 | €25,245 | €20,579 | ▼ 18.5% |
| Income taxes67/77 | €3,453 | €1,346 | €2,306 | €4,606 | €2,604 | €6,141 | €6,334 | ▲ 3.1% |
| Profit (loss) for the period9904 | €4,524 | -€3,648 | €1,448 | €5,692 | €39,046 | €19,103 | €14,245 | ▼ 25.4% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €32,000 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €4,524 | -€3,648 | €1,448 | €5,692 | €7,046 | €19,103 | €14,245 | ▼ 25.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €378,915 | €381,004 | €359,886 | €339,728 | €400,863 | €340,097 | €331,326 | ▼ 2.6% |
| Fixed assets21/28 | €162,432 | €134,563 | €127,122 | €103,891 | €161,465 | €203,199 | €184,487 | ▼ 9.2% |
| Tangible fixed assets22/27 | €162,432 | €134,563 | €127,122 | €103,891 | €161,465 | €203,199 | €184,487 | ▼ 9.2% |
| Land and buildings22 | - | - | - | €75,735 | €72,494 | €69,253 | €76,861 | ▲ 11.0% |
| Plant, machinery and equipment23 | - | - | - | €19,749 | €21,456 | €18,208 | €20,270 | ▲ 11.3% |
| Furniture and vehicles24 | - | - | - | €8,407 | €67,515 | €115,738 | €87,355 | ▼ 24.5% |
| Current assets29/58 | €216,483 | €246,440 | €232,764 | €235,837 | €239,398 | €136,898 | €146,839 | ▲ 7.3% |
| Stocks and contracts in progress3 | €40,920 | €30,500 | €81,436 | €50,729 | €51,019 | €41,254 | €39,585 | ▼ 4.0% |
| Stocks30/36 | - | - | - | €50,729 | €51,019 | €41,254 | €39,585 | ▼ 4.0% |
| Amounts receivable within one year40/41 | €151,418 | €182,708 | €132,174 | €106,678 | €136,027 | €46,962 | €74,672 | ▲ 59.0% |
| Trade receivables40 | - | - | - | €78,582 | €106,371 | €39,722 | €66,724 | ▲ 68.0% |
| Other amounts receivable41 | - | - | - | €28,095 | €29,656 | €7,240 | €7,948 | ▲ 9.8% |
| Cash at bank and in hand54/58 | €18,980 | €29,859 | €15,662 | €73,674 | €47,504 | €42,899 | €27,085 | ▼ 36.9% |
| Deferred charges and accrued income490/1 | - | - | - | €4,756 | €4,848 | €5,783 | €5,497 | ▼ 4.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €378,915 | €381,004 | €359,886 | €339,728 | €400,863 | €340,097 | €331,326 | ▼ 2.6% |
| Equity10/15 | €73,841 | €70,194 | €71,641 | €77,333 | €116,379 | €135,482 | €149,728 | ▲ 10.5% |
| Contributions10/11 | €18,592 | - | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Revaluation surpluses12 | - | - | - | €4,500 | €2,250 | €0 | - | - |
| Reserves13 | €43,999 | €42,602 | €44,049 | €54,241 | €95,537 | €116,890 | €131,136 | ▲ 12.2% |
| Non-distributable reserves130/1 | - | - | - | €512 | €512 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €512 | €512 | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | - | €32,000 | €32,000 | €32,000 | = |
| Distributable reserves133 | - | - | - | €53,728 | €63,024 | €84,890 | €99,136 | ▲ 16.8% |
| Amounts payable17/49 | €305,074 | €310,810 | €288,245 | €262,395 | €284,484 | €204,615 | €181,598 | ▼ 11.2% |
| Amounts payable after more than one year17 | €51,303 | €35,510 | €19,650 | €6,334 | €25,700 | €42,993 | €28,886 | ▼ 32.8% |
| Financial debts170/4 | - | - | - | €6,334 | €25,700 | €42,993 | €28,886 | ▼ 32.8% |
| Amounts payable within one year42/48 | €253,771 | €275,126 | €268,421 | €255,888 | €258,592 | €161,089 | €152,514 | ▼ 5.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €113,317 | €108,373 | €115,374 | €84,107 | ▼ 27.1% |
| Trade debts44 | €115,000 | €138,550 | €131,818 | €123,869 | €134,226 | €22,748 | €44,326 | ▲ 94.9% |
| Suppliers440/4 | - | - | - | €123,869 | €134,226 | €22,748 | €44,326 | ▲ 94.9% |
| Taxes, remuneration and social security45 | - | - | - | €10,208 | €7,775 | €13,943 | €14,121 | ▲ 1.3% |
| Taxes450/3 | - | - | - | €7,908 | €5,475 | €11,643 | €11,821 | ▲ 1.5% |
| Remuneration and social security454/9 | - | - | - | €2,300 | €2,300 | €2,300 | €2,300 | = |
| Other amounts payable47/48 | - | - | - | €8,494 | €8,218 | €9,024 | €9,960 | ▲ 10.4% |
| Accrued charges and deferred income492/3 | - | - | - | €174 | €192 | €533 | €198 | ▼ 62.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,524 | -€3,648 | €1,448 | €5,692 | €39,046 | €19,103 | €14,245 | ▼ 25.4% |
| + Depreciation and write-downs630 | €31,731 | €29,409 | €30,442 | €31,192 | €11,059 | €29,697 | €34,864 | ▲ 17.4% |
| Operating cash flow (approximation) | €36,256 | €25,761 | €31,890 | €36,883 | €50,105 | €48,801 | €49,109 | ▲ 0.6% |
| Investment in fixed assets (approximation) | - | -€1,540 | -€23,001 | -€7,961 | -€68,633 | -€71,431 | -€16,152 | ▲ 77.4% |
| Change in cash | - | €10,879 | -€14,197 | €58,012 | -€26,170 | -€4,605 | -€15,814 | ▼ 243% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 30 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 02-02-2026 | 2026-00035612 | |
| 30-06-2024 | micro format | 28-01-2025 | 2025-00026014 | |
| 30-06-2023 | micro format | 03-01-2024 | 2024-00542678 | |
| 30-06-2022 | micro format | 25-01-2023 | 2023-00005638 | |
| 30-06-2021 | micro format | 27-01-2022 | 2022-03600072 | |
| 30-06-2020 | micro format | 19-02-2021 | 2021-05700502 | |
| 30-06-2019 | micro format | 31-01-2020 | 2020-03600547 | |
| 30-06-2018 | micro format | 03-01-2019 | 2019-00100222 | |
| 30-06-2017 | micro format | 03-01-2018 | 2018-00100573 | |
| 30-06-2016 | abbreviated format | 03-01-2017 | 2017-00100413 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 24-11-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VANHOOREN Peter |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur,zonder bepaling onbepaalde duur, algemene vergadering bepaalt aantal,duur en bij meerdere bevoegdheid”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Algemene vergadering bepaalt overeenkomstig wettelijke bepalingen, om welke reden en op welk ogenblik ook”
Articles of association, deed of 24-11-2023 (in Dutch)
Network & group
PETER VANHOOREN shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of PETER VANHOOREN. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-11
Gazette deed
Change of role: VANHOOREN Peter, from statutory manager to statutory directorCapital conversion · Reserve release · Purpose change14 points ▸
- General meeting, “buitengewone algemene vergadering, Groenestraat 33 bus A,8610 Kortemark” (deed in Dutch)
- Other provision, “besloten vennootschap (BV)” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden statutenwijziging, opheffen en beschikbaar maken voor uitkering” (deed in Dutch)
- Director resignation, VANHOOREN Peter (statutory manager)
- Director appointment, VANHOOREN Peter (statutory director)
- Other provision, “vrijstelling voorlezing verslag bestuurder over voorwerpwijziging, aanwezige aandeelhouders erkennen afschrift ontvangen en kennis genomen” (deed in Dutch)
- Purpose change
- Amendment of the articles
- Capital
- Board composition, VANHOOREN Peter (statutory director)
- Registered office clause, “8610 Kortemark,Groenestraat 33A” (deed in Dutch)
- The act holds 2 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0453.545.274
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 32005D0318/00B000 | Flanders | 564 m² | 1 · 120 m² | 7.0 m · 2 |