SANDER VANDAELE
ActiveSANDER VANDAELE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27k and a net result of €9k. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 66% of 4527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+7
Solvency80▲+14
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.21 in 2024; short-term debt: 44.7% and cash: 4.6% of total assets), and 44.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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 09-10-2025, 22 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
22 d early
2024
6 d early
2023
4 d early
2022
28 d early
2021
4 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€27k▼ 4.8%
2024 · €28k
2019: €34k
2020: €25k
2021: €4k
2022: €3k
2023: €20k
2024: €28k
2019 → 2025
Total assets
€49k▼ 29.4%
2024 · €69k
2019: €181k
2020: €209k
2021: €158k
2022: €135k
2023: €90k
2024: €69k
2019 → 2025
Net result
€9k▲ 1.2%
2024 · €9k
2019: €21k
2020: €-9k
2021: €-21k
2022: €-2k
2023: €17k
2024: €9k
2019 → 2025
Working capital
€15k▲ 89.4%
2024 · €8k
2019: €12k
2020: €-7k
2021: €-33k
2022: €-42k
2023: €-29k
2024: €8k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€3k▼ 40.2%€20k▲ 640%€28k▲ 44.0%€27k▼ 4.8%
Operating result€-17k-€1k€19k▲ 1,589%€15k▼ 21.9%€14k▼ 5.8%
Net result€-21k-€-2k▲ 91.5%€17k€9k▼ 49.2%€9k▲ 1.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49k
Fixed assets
€12k▼ 48.6%
Current assets
€37k▼ 20.2%
Equity and liabilities €49k
Equity
€27k▼ 4.8%
Debt
€22k▼ 46.5%
The debt ratio falls from 59.0% to 44.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€32k▼
2024 · €53k
Cash flow
€27k▼
2024 · €46k
Solvency
55.3%▲
2024 · 41.0%
Current ratio
1.71▲
2024 · 1.21
Quick ratio
1.54▲
2024 · 1.05
Debt / equity
0.81▼
2024 · 1.44
ROE
32.5%▲
2024 · 30.5%
ROA
18.0%▲
2024 · 12.5%
Interest coverage
52.32▲
2024 · 50.93
Debt
€22k▼
2024 · €41k
Debt ≤ 1 year
€22k▼
2024 · €38k
Debt > 1 year
€0▼
2024 · €2k
Income taxes
€5k▼
2024 · €5k
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€69k€49k▼
Fixed assets21/28€22k€12k▼
Tangible fixed assets22/27€22k€11k▼
Plant, machinery and equipment23€98€0▼
Furniture and vehicles24€10k€3k▼
Leasing and similar rights25€9k€0▼
Other tangible fixed assets26€4k€8k▲
Financial fixed assets28€135€135=
Current assets29/58€46k€37k▼
Stocks and contracts in progress3€6k€4k▼
Stocks30/36€6k€4k▼
Amounts receivable within one year40/41€32k€26k▼
Trade receivables40€32k€24k▼
Other amounts receivable41€389€2k▲
Cash at bank and in hand54/58€274€2k▲
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€69k€49k▼
Equity10/15€28k€27k▼
Contributions10/11€12k€12k=
Reserves13€22k€15k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€22k€15k▼
Profit (loss) carried forward14€-6k€0▲
Amounts payable17/49€41k€22k▼
Amounts payable after more than one year17€2k€0▼
Financial debts170/4€2k€0▼
Amounts payable within one year42/48€38k€22k▼
Current portion of amounts payable after more than one year42€9k€2k▼
Trade debts44€16k€16k▲
Suppliers440/4€16k€16k▲
Taxes, remuneration and social security45€9k€339▼
Taxes450/3€8k€339▼
Remuneration and social security454/9€950€0▼
Other amounts payable47/48€5k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€18k▼
Other operating charges640/8€5k€10k▲
Gross operating margin9900€58k€42k▼
Operating profit (loss)9901€15k€14k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€1k€612▼
Recurring financial charges65€1k€612▼
Profit (loss) for the period before taxes9903€14k€13k▼
Income taxes67/77€5k€5k▼
Profit (loss) for the period9904€9k€9k▲
Profit (loss) for the period to be appropriated9905€9k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€3k▲
Profit (loss) brought forward from the previous period14P€-14k€-6k▲
Transfer from equity791/2-€10k
Transfer to equity691/2-€3k
To other reserves6921-€3k
Profit to be distributed694/7-€10k
Return on contributions (dividend)694-€10k
The notes to these accounts (10 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
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 1.21
Current ratio from 0.50 to 1.21; short-term debt falls from €58k to €38k.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €17k
Net result €17k after 3 loss-making years.
2022
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · 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, Wingene · 1 establishment unit since 2016
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.
Munkelostraat 338750 WingeneGround area
685 m²
Building footprint
192 m²
Volume, LiDAR
916 m³
Parcel 37018A0781/00L000, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SVD-Trans
since 20162.253.142.922
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018A0781/00L000 | Flanders | 685 m² | 1 · 192 m² | 8.4 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 357 EUR awarded · 357 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 154 EUR | 154 EUR |
| 2022 | 1 | 203 EUR | 203 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,603 companies in sector 49410 we hold annual accounts for 8,194. 5,371 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-05-2016
Fiscal year end31-03
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.