Active BE 0453.019.395Public limited company

STANDAERT

Legen Heirweg 18 ·9890 Gavere, Belgium· 32 yrs active

Sector: Other building finishing work (43350)

Conclusion Checked

STANDAERT has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €529k and a net result of €246k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 80% of 7431 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€529k
Net result	€246k
Staff (FTE)	4
Better than sector	80%

Financial profile 5 of 5 axes measured · computed by Checked

92 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 100

Solvency 100

Growth 58

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.5% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1994, 32 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€55k

estimate, not credit advice

Score history

75 2021

90 2022

100 2023

100 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 2.76 (≥ 1.5) +10

Quick ratio Quick ratio 2.00 (≥ 1.0) +5

Leverage Debt/equity 0.42 (< 1.0) +10

Profitability ROE 47% (≥ 10%) +10

Interest coverage Interest coverage 152.0× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview30 NBB filings

Annual accounts filed on 25-04-2025 with the NBB · fiscal year 2024 · abbreviated schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

stable Equity: stable across 4 fiscal years (±2.5%/year).

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	70.2%	43.5%	better than 80% of 7431 sector peers
Net result	€246k	€45k	better than 87% of 7428 sector peers
Equity	€529k	€344k	better than 64% of 7432 sector peers
Gross operating margin	€650k	€343k	better than 71% of 7424 sector peers
Staff costs	€285k	€264k	higher than 52% of 5692 sector peers

EBITDA

€354k

+4.9% 21-24

Net profit

€246k

+5.2% 21-24

Cash flow

€274k

+2.4% 21-24

Total assets

€753k

-6.8% 21-24

Equity

€529k

+9.6% 21-24

Working capital

€396k

+8.3% 21-24

Employees (FTE)

4

-9.1% 21-24

Staff costs

€285k

+0.6% 21-24

Income taxes

€84k

+8.6% 21-24

Dividends

€200k

0.0% 21-24

Debt

€225k

-31.0% 21-24

Debt ≤ 1y

€225k

-31.0% 21-24

Current ratio

2.76

+30.2% 21-24

Quick ratio

2.00

+38.5% 21-24

Solvency

70.2%

+17.6% 21-24

Debt / equity

0.42

-37.1% 21-24

ROE

46.6%

-4.0% 21-24

ROA

32.7%

+12.9% 21-24

Interest coverage

152.03

-14.3% 21-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024	2023	2022	2021
Deposit	abbreviated schema	abbreviated schema	abbreviated schema	abbreviated schema
Revenue	-	-	-	-
EBITDA	€354k	€338k	€207k	€238k
Net profit	€246k	€234k	€128k	€131k
Cash flow	€274k	€267k	€165k	€190k
Staff costs	€285k	€284k	€289k	-
Income taxes	€84k	€77k	€44k	€41k
Dividends	€200k	€200k	€445k	€33k
Total assets	€753k	€808k	€825k	€1.17M
Equity	€529k	€482k	€448k	€766k
Debt	€225k	€326k	€377k	€403k
of which ≤ 1y	€225k	€326k	€377k	€394k
of which > 1y	-	-	-	-
Working capital	€396k	€366k	€379k	€639k
Employees (FTE)	4.0	4.4	4.8	5.8

Ratios (computed)

	2024	2023	2022	2021
Current ratio	2.76	2.12	2.01	2.62
Quick ratio	2.00	1.44	1.29	2.10
Working capital ratio	52.6%	45.3%	45.9%	54.7%
Solvency	70.2%	59.7%	54.3%	65.5%
Debt / equity	0.42	0.67	0.84	-
Long-term debt ratio	-	-	-	-
Interest coverage	152.03	177.49	30.87	-
Gross margin	-	-	-	-
Net margin	-	-	-	-
ROA	32.7%	29.0%	15.5%	11.2%
ROE	46.6%	48.5%	28.5%	17.1%
EBITDA margin	-	-	-	-
Days sales outstanding	-	-	-	-
Days payable outstanding	-	-	-	-
Inventory turnover	-	-	-	-
Days inventory (DSI)	-	-	-	-

Balance-sheet composition 2024

Assets

Fixed assets €133k · 17.6% Current assets €621k · 82.4%

Equity & liabilities

Equity €529k · 70.2% Debt €225k · 29.8%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023	2022	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€753k	€808k	€825k	€1.17M
Fixed assets	21/28	€133k	€117k	€69k	€136k
Intangible fixed assets	21	€69	€465	€3k	€6k
Tangible fixed assets	22/27	€132k	€115k	€65k	€127k
Financial fixed assets	28	€885	€885	€615	€2k
Current assets	29/58	€621k	€691k	€756k	€1.03M
Stocks & contracts in progress	3	€172k	€222k	€271k	€204k
Amounts receivable within one year	40/41	€88k	€231k	€149k	€158k
Investments	50/53	€225	€225	€200	€200
Cash & bank	54/58	€352k	€223k	€329k	€661k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€753k	€808k	€825k	€1.17M
Equity	10/15	€529k	€482k	€448k	€766k
Contributions / capital	10/11	€250k	€250k	€250k	€250k
Reserves	13	€279k	€232k	€198k	€516k
Amounts payable	17/49	€225k	€326k	€377k	€403k
Amounts payable within one year	42/48	€225k	€326k	€377k	€394k
Trade debts payable within one year	44	€8k	€72k	€65k	€81k
Income statement
Gross operating margin	9900	€650k	€633k	€515k	€524k
Operating result	9901	€327k	€305k	€170k	€179k
Financial income	75	€5k	€8k	€9k	€7k
Financial charges	65	€2k	€2k	€7k	€14k
Result before taxes	9903	€330k	€311k	€172k	€171k
Income taxes	67/77	€84k	€77k	€44k	€41k
Net result for the period	9904	€246k	€234k	€128k	€131k
Result to be appropriated	9905	€246k	€234k	€128k	€131k

Directors & mandates 4 directors

Current directors & mandates

VAN CLEEMPUT CONSULTINGLegal entity
Director· perm. rep.: Bert Van Cleemput
State Gazette act 22137646 (24-11-2022)

Current
24-11-2022 → present
VIMIPrivate limited company
Director· perm. rep.: Michèle Decabooter
State Gazette act 22137646 (24-11-2022)

Current
24-11-2022 → present

Former directors (2)

Alain Decabooter
Director
State Gazette act 22137646 (24-11-2022)

Former
- → 24-11-2022
Heidi Hardy
Director
State Gazette act 22137646 (24-11-2022)

Former
- → 24-11-2022

Legal Structure

NACE primary	Other building finishing work(43350)
Legal form	Public limited company(014)
Incorporation	29-06-1994
Status	Active
Postal code	9890

Establishment units 1 location

STANDAERT NV

Legen Heirweg 18, 9890 GavereNACE 4525005

since 19942.068.548.457

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44003A0057/00D000	Flanders	1,780 m²	1 · 2,041 m²	6.6 m · 2 fl.

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.

Updates 11 events

All 14Financial 3Gazette 1Filings 10

2025

25-04

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Highest result since 2021net €246k ▲5.2%

Operating result €327k, net result €246k, both a record.

31-12

Financial Equity above €500kEq €529k ▲9.6%

4 profitable years in a row build equity to €529k.

03-05

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

03-05

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

31-12

Financial Weakest financial yearnet €128k ▼2.2%

Net result drops to €128k, the lowest in the series; recovery starts the following year.

24-11

State Gazette act Director changes

30-03

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

09-06

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

16-06

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

04-06

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

04-06

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

16-06

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

2016

01-06

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 3 years ago

2022

24-11-2022 4 directors appointed, 2 resigning Director changes

Bert Van Cleemput, Bestuurder
Michèle Decabooter, Bestuurder
Bert Van Cleemput, Dagelijks bestuur
Michèle Decabooter, Dagelijks bestuur
Alain Decabooter, Bestuurder
Heidi Hardy, Bestuurder

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Alain Decabooter",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De heer Alain Decabooter, bestuurder en gedelegeerd bestuurder",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Heidi Hardy",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Mevrouw Heidi Hardy, bestuurder",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Bert Van Cleemput",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": {
        "kbo": "0788.373.636",
        "name": "VAN CLEEMPUT CONSULTING",
        "address": null,
        "country": null,
        "legal_form": "BV"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De BV VAN CLEEMPUT CONSULTING, met ondernemingsnummer 0788.373.636, vertegenwoordigd door de heer Bert Van Cleemput, die aanvaardt",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Mich\u00E8le Decabooter",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": {
        "kbo": "0788.330.381",
        "name": "VIMI",
        "address": null,
        "country": null,
        "legal_form": "BV"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De BV VIMI, met ondernemingsnummer 0788.330.381, vertegenwoordigd door mevrouw Mich\u00E8le Decabooter, die aanvaardt",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Alain Decabooter",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Er wordt hen kwijting verleend voor de uitoefening van hun mandaat",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Heidi Hardy",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Er wordt hen kwijting verleend voor de uitoefening van hun mandaat",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "dagelijks_bestuur",
      "person": {
        "rrn": null,
        "name": "Bert Van Cleemput",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": {
        "kbo": "0788.373.636",
        "name": "VAN CLEEMPUT CONSULTING",
        "address": null,
        "country": null,
        "legal_form": "BV"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De bestuurders van de vennootschap benoemen de voormelde rechtspersonen, die aanvaarden, voor onbepaalde duur tot orgaan van dagelijks bestuurder",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "dagelijks_bestuur",
      "person": {
        "rrn": null,
        "name": "Mich\u00E8le Decabooter",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": {
        "kbo": "0788.330.381",
        "name": "VIMI",
        "address": null,
        "country": null,
        "legal_form": "BV"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De bestuurders van de vennootschap benoemen de voormelde rechtspersonen, die aanvaarden, voor onbepaalde duur tot orgaan van dagelijks bestuurder",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Gent",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-11-24",
    "filing_date": "2022-11-08",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2022-08-31",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0453.019.395",
    "name_full": "STANDAERT",
    "legal_form": "Naamloze vennootschap"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": "0788.330.381",
    "org_name": "VIMI BV",
    "person_name": null,
    "org_rep_person_name": "Decabooter Mich\u00E8le",
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Floor and wall tiling43331Other building finishing work43350Retail sale of hardware, building materials, paint and glass (general range)4752152461

Names & trade names

Legal nameNL

STANDAERT

Similar companies Comparable size · 2,276 of 7,235 companies in this sector with filed accounts

BOUCH RENO-INTERIEUR BE 0682.847.435 · Hemiksem

R en B BE 0455.403.518 · Tremelo

MATRIX DOORS BE 0446.071.722 · Boom

IMMO CONCEPT RD BE 0811.903.658 · Orp-Jauche

Arus BE 0867.503.464 · Gent