Equity
€74,599 ▼ 45.2%
Vadribo paid out €94,542 in dividends. That is 286% of the 2025 profit.
Vadribo
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1996peak €437,446 (2010)
€373,979▲ 38.5%
lowest -€83,115 (2017)
€33,078▲ €50,324
peak €153,310 (2023)
€74,599▼ 45.2%
€398,278▲ 13.0%
peak 8.1 FTE (2016)
4.8 FTEunchanged
Board2 names since 2022
2 directorsVAN DRIESSCHE Johan and 1 other
Documentsfilings and deeds
24-06-202637 days before the deadline
2025abbreviated format
Gross margin from €270,114 to €373,979Back to profit: €33,078Dividend €94,542Equity from €136,064 to €74,599
Key points
from the 2025 annual accountsResult
€33,078 €33,078
Back in profit in 2025, after a loss of €17,246 in 2024.
Turnover
≈ €800,000 estimated
The abbreviated format states no turnover.
Debts
€398,278 84% of the balance sheet
Financial debts 33%Suppliers 35%Taxes and wages 1%Other 30%
Of this, €265,496 falls due within a year.
Staff
4.8 FTE from 8.1 in 2016
Between 2016 and 2025, 41% of the full-time equivalents disappeared.
Filings
30 annual accounts since 1996
The 2022 accounts came 28 days late. The other nine of the last ten were filed on time.
Checked score
66
Healthy
Financially stronger than 28% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%lowest value
01-2025: 0.6%● unchanged vs 12-2024lowest value
02-2025: 0.6%● unchanged vs 01-2025lowest value
03-2025: 0.6%● unchanged vs 02-2025lowest value
04-2025: 0.7%▲ +0.1 percentage points vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.9%▲ +0.2 percentage points vs 06-2025
08-2025: 0.6%▼ -0.3 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.7%▲ +0.1 percentage points vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.6%▼ -0.1 percentage points vs 05-2026
07-2026: 0.7%▲ +0.1 percentage points vs 06-2026
08-2026: 1.1%▲ +0.4 percentage points vs 07-2026
09-2026: 1.3%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 0.9%▼ -0.4 percentage points vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Equity €74,599 (15.8% of total assets)
Size: 4.8 FTE, total assets €472,877
lowers risk
Founded in 1995
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 41, micro). It does better than 23% of them on solvency, 42% on liquidity, 35% on profitability and 11% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,818 companies had the same profile as Vadribo has now. Each dot stands for 10 companies, two years later.
95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Vadribo itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 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 3,818 companies, not a prediction for Vadribo. 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.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.29 (1.62 in 2024), below the usual 1.5. Short-term debt is 56.1% and cash 18.2% of total assets. 84.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 2816 sector peers (2025).
NBB · sector comparisonPosition among 2816 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 days early
2024
on the day
2023
5 days early
2022
28 days late
2021
4 days early
2020
36 days early
2019
15 days early
← 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 10 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 27 July (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0455144685
Registered office moved within Zele
New registered office: Plezantstraat 52, 9240 Zele · Previous registered office: Hendrik Consciencestraat 36, 9240 Zele · Changes of role: VAN DRIESSCHE Johan (director) and VAN DRIESSCHE Peter (director) · General meeting of 06-09-2022 · Gazette deed
First establishment
VADRIBO BVBA, Plezantstraat 52, Zele
Incorporation
published on 24-05-1995 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Vadribo Zele | €472,877 | €373,979 | 15.8% | 4.8 |
| SUBLIEM Westerlo | €497,987 | €313,205 | 34.5% | 4.1 |
| OLDYCK EN ZOON Boortmeerbeek | €439,649 | €372,547 | 62.0% | 4.3 |
| GEORIS PROJECTS Sint-Truiden | €457,764 | €287,189 | 15.0% | 5 |
| B.M. & D. Rijkevorsel | €602,115 | €385,473 | 17.4% | 4.6 |
| Alg. Knokse Renovatie Knokke-Heist | €502,793 | €486,511 | 80.8% | 5.1 |
| IMMONEWPORT Nieuwpoort | €458,541 | €412,575 | 39.8% | 6.1 |
These companies have the same main activity as Vadribo: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €440,000 and €602,000, founded between 1990 and 1998.
Official details
Source: KBO- Status
- Active since 28-04-1995Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Establishment unit
- 2.072.015.7139240 Zele, since 20-06-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Annual accounts 2025
- €472,877▼ 3.2%
- Employeeson 31-12-2025
- 5=
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Insights on Vadribo
Vadribo files the abbreviated format. That format states no turnover. The gross margin rose from €304,649 in 2006 to €373,979 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Vadribo
- What is the company number of Vadribo?
- The company number of Vadribo is 0455.144.685. The VAT number is the same number with BE in front: BE 0455.144.685.
- Where is Vadribo based?
- The registered office is at Plezantstraat 52, 9240 Zele.Company details
- What does Vadribo do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of Vadribo?
- Vadribo is a private limited company (BV).
- When was Vadribo founded?
- Vadribo was founded on 28-04-1995.
- Is Vadribo still active?
- Yes, Vadribo is an active enterprise in the KBO register.
- How many employees does Vadribo have?
- Vadribo had an average of 4.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Vadribo?
- The turnover in financial year 2025 is ≈ €800,000. This figure is estimated from the gross margin of €373,979 and 30 comparable companies (NACE 41001). It probably lies between €640,000 and €1.2m.
- Is Vadribo profitable?
- In financial year 2025, Vadribo made a profit of €33,078.
- Where can I find the annual accounts of Vadribo?
- Vadribo filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Vadribo due?
- Vadribo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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