VAN BOUWEL
ActiveSummary
VAN BOUWEL has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85,560 and a net result of €18,181. Equity is growing by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 59% of 18716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+2
Solvency70▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.05 in 2024; short-term debt: 43.7% and cash: 37.3% of total assets), and 55.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.8%
Return on assets
9.5%
Age of the figures
9 mo
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
6 d early
2023
6 d early
2022
17 d early
2021
9 d late
2020
9 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€85,560▲ 27.0%
2024 · €67,379
Total assets
€190,946▼ 11.9%
2024 · €216,740
Net result
€18,181▲ 5.1%
2024 · €17,303
Working capital
€15,393▲ 191%
2024 · €5,281
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€11,785▼ 81.2%-€6,568€11,604€22,242▲ 91.7%€28,378▲ 27.6%
Net result€9,994within the sector's middle half▼ 83.5%-€8,682below the sector's middle half€7,127within the sector's middle half€17,303within the sector's middle half▲ 143%€18,181within the sector's middle half▲ 5.1%
Equity€51,630within the sector's middle half▲ 24.0%€42,948within the sector's middle half▼ 16.8%€50,076within the sector's middle half▲ 16.6%€67,379within the sector's middle half▲ 34.6%€85,560within the sector's middle half▲ 27.0%
Total assets€176,913within the sector's middle half▲ 24.9%€172,389within the sector's middle half▼ 2.6%€203,410within the sector's middle half▲ 18.0%€216,740within the sector's middle half▲ 6.6%€190,946within the sector's middle half▼ 11.9%
Debt€125,283▲ 25.3%€129,441▲ 3.3%€153,334▲ 18.5%€149,362▼ 2.6%€105,386▼ 29.4%
Working capital-€17,558below the sector's middle half▲ 55.9%-€25,722below the sector's middle half▼ 46.5%-€19,591below the sector's middle half▲ 23.8%€5,281within the sector's middle half€15,393within the sector's middle half▲ 191%
Solvency29.2%within the sector's middle half▼ 0.2pp24.9%within the sector's middle half▼ 4.3pp24.6%within the sector's middle half▼ 0.3pp31.1%within the sector's middle half▲ 6.5pp44.8%within the sector's middle half▲ 13.7pp
Current ratio0.81below the sector's middle half▲ 0.210.73below the sector's middle half▼ 0.080.81below the sector's middle half▲ 0.081.05within the sector's middle half▲ 0.241.18within the sector's middle half▲ 0.13
Return on assets (ROA)5.6%within the sector's middle half▼ 37.0pp-5.0%below the sector's middle half▼ 10.7pp3.5%within the sector's middle half▲ 8.5pp8.0%within the sector's middle half▲ 4.5pp9.5%within the sector's middle half▲ 1.5pp
Staff (FTE)2▲ 1,900%1.1▼ 45.0%0.9▼ 18.2%0.9=0.9=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 28% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €190,946
Fixed assets
€92,164 ▼ 12.9%
Current assets
€98,782 ▼ 11.0%
Equity and liabilities €190,946
Equity
€85,560 ▲ 27.0%
Debt
€105,386 ▼ 29.4%
Debt's share of the balance-sheet total falls from 68.9% to 55.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€63,735▼
2024 · €64,866
Cash flow
€53,538▼
2024 · €59,927
Quick ratio
1.17▲
2024 · 1.02
Debt to equity
1.23▼
2024 · 2.22
ROE
21.2%▼
2024 · 25.7%
Interest coverage
11.98▼
2024 · 14.95
Debt ≤ 1 year
€83,389▼
2024 · €105,688
Debt > 1 year
€21,997▼
2024 · €43,674
Income taxes
€4,876▲
2024 · €601
Staff costs
€5,961▲
2024 · €3,907
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,840 | €0 | - | - |
| Remuneration, social security and pensions62 | €12,645 | €5,351 | €4,017 | €3,907 | €5,961 | ▲ 52.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,467 | €24,869 | €38,308 | €42,624 | €35,357 | ▼ 17.0% |
| Other operating charges640/8 | €6,155 | €5,216 | €4,881 | €4,503 | €4,809 | ▲ 6.8% |
| Gross operating margin9900 | €59,052 | €28,867 | €58,809 | €73,275 | €74,505 | ▲ 1.7% |
| Operating profit (loss)9901 | €11,785 | -€6,568 | €11,604 | €22,242 | €28,378 | ▲ 27.6% |
| Financial income75/76B | - | €35 | €0 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | €35 | €0 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | €1,790 | €2,149 | €4,476 | €4,338 | €5,322 | ▲ 22.7% |
| Recurring financial charges65 | €1,790 | €2,149 | €4,476 | €4,338 | €5,322 | ▲ 22.7% |
| Profit (loss) for the period before taxes9903 | €9,994 | -€8,682 | €7,127 | €17,904 | €23,057 | ▲ 28.8% |
| Income taxes67/77 | - | - | - | €601 | €4,876 | ▲ 712% |
| Profit (loss) for the period9904 | €9,994 | -€8,682 | €7,127 | €17,303 | €18,181 | ▲ 5.1% |
| Profit (loss) for the period to be appropriated9905 | €9,994 | -€8,682 | €7,127 | €17,303 | €18,181 | ▲ 5.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €176,913 | €172,389 | €203,410 | €216,740 | €190,946 | ▼ 11.9% |
| Fixed assets21/28 | €101,687 | €102,368 | €121,289 | €105,771 | €92,164 | ▼ 12.9% |
| Tangible fixed assets22/27 | €101,387 | €102,068 | €120,989 | €105,606 | €91,999 | ▼ 12.9% |
| Land and buildings22 | €40,820 | €29,862 | €23,324 | €11,909 | €9,716 | ▼ 18.4% |
| Plant, machinery and equipment23 | €15,859 | €28,786 | €25,390 | €43,156 | €53,475 | ▲ 23.9% |
| Furniture and vehicles24 | €44,708 | €43,419 | €72,275 | €50,541 | €28,808 | ▼ 43.0% |
| Financial fixed assets28 | €300 | €300 | €300 | €165 | €165 | = |
| Current assets29/58 | €75,226 | €70,021 | €82,121 | €110,969 | €98,782 | ▼ 11.0% |
| Stocks and contracts in progress3 | €7,436 | €2,810 | €2,500 | €3,200 | €900 | ▼ 71.9% |
| Stocks30/36 | €7,436 | €2,810 | €2,500 | €3,200 | €900 | ▼ 71.9% |
| Amounts receivable within one year40/41 | €15,690 | €23,261 | €15,086 | €25,635 | €23,463 | ▼ 8.5% |
| Trade receivables40 | €14,729 | €17,536 | €14,298 | €24,622 | €21,484 | ▼ 12.7% |
| Other amounts receivable41 | €962 | €5,725 | €787 | €1,013 | €1,978 | ▲ 95.2% |
| Cash at bank and in hand54/58 | €47,506 | €38,033 | €60,312 | €77,710 | €71,249 | ▼ 8.3% |
| Deferred charges and accrued income490/1 | €4,593 | €5,917 | €4,223 | €4,424 | €3,170 | ▼ 28.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €176,913 | €172,389 | €203,410 | €216,740 | €190,946 | ▼ 11.9% |
| Equity10/15 | €51,630 | €42,948 | €50,076 | €67,379 | €85,560 | ▲ 27.0% |
| Contributions10/11 | €19,300 | €19,300 | €19,300 | €19,300 | €19,300 | = |
| Reserves13 | €42,071 | €42,071 | €42,071 | €48,079 | €66,260 | ▲ 37.8% |
| Non-distributable reserves130/1 | €1,930 | €1,930 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,930 | €1,930 | €0 | - | - | - |
| Tax-exempt reserves132 | €7,569 | €7,569 | €7,569 | €7,569 | €7,569 | = |
| Distributable reserves133 | €32,572 | €32,572 | €34,502 | €40,510 | €58,691 | ▲ 44.9% |
| Profit (loss) carried forward14 | -€9,741 | -€18,423 | -€11,295 | €0 | - | - |
| Amounts payable17/49 | €125,283 | €129,441 | €153,334 | €149,362 | €105,386 | ▼ 29.4% |
| Amounts payable after more than one year17 | €32,499 | €33,698 | €51,622 | €43,674 | €21,997 | ▼ 49.6% |
| Financial debts170/4 | €32,499 | €33,698 | €51,622 | €43,674 | €21,997 | ▼ 49.6% |
| Amounts payable within one year42/48 | €92,784 | €95,743 | €101,712 | €105,688 | €83,389 | ▼ 21.1% |
| Current portion of amounts payable after more than one year42 | €8,444 | €10,843 | €19,654 | €23,790 | €21,676 | ▼ 8.9% |
| Trade debts44 | €3,752 | €6,391 | €4,643 | €3,201 | €6,948 | ▲ 117% |
| Suppliers440/4 | €3,752 | €6,391 | €4,643 | €3,201 | €6,948 | ▲ 117% |
| Taxes, remuneration and social security45 | €4,892 | €2,604 | €932 | €1,767 | €1,551 | ▼ 12.2% |
| Taxes450/3 | €1,930 | €1,256 | €383 | €1,215 | €1,089 | ▼ 10.4% |
| Remuneration and social security454/9 | €2,962 | €1,348 | €548 | €552 | €462 | ▼ 16.2% |
| Other amounts payable47/48 | €75,697 | €75,905 | €76,483 | €76,930 | €53,213 | ▼ 30.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,994 | -€8,682 | €7,127 | €17,303 | €18,181 | ▲ 5.1% |
| + Depreciation and write-downs630 | €28,467 | €24,869 | €38,308 | €42,624 | €35,357 | ▼ 17.0% |
| Operating cash flow (approximation) | €38,462 | €16,187 | €45,435 | €59,927 | €53,538 | ▼ 10.7% |
| Investment in fixed assets (approximation) | - | -€25,550 | -€57,229 | -€27,106 | -€21,750 | ▲ 19.8% |
| Change in cash | - | -€9,473 | €22,279 | €17,397 | -€6,461 | ▼ 137% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €7,127
Net result €7,127 after one loss-making year.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Back to profitnet €60,448
Net result €60,448 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Kapellen · 1 establishment unit since 2000
Ground area
2,292 m²
Building footprint
746 m²
Volume, LiDAR
4,600 m³
Parcel 11023C0139/00Z000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Starrenhoflaan 30, 2950 Kapellen
since 20002.097.235.911
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023C0139/00Z000 | Flanders | 2,291 m² | 1 · 746 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKapellen (Antw.)2.097.235.911
Similar companies · same sector, comparable size
Fie's Food
BE 0747.542.376
Kortemark · Eq €85,449
LE FRESNOY
BE 0475.408.579
Estaimpuis · Eq €85,418
DARSAN
BE 0678.668.517
Harelbeke · Eq €85,010
OLLE BOLLE
BE 0474.972.277
Overijse · Eq €86,224
Groenten en Fruit Vandeweghe
BE 1007.383.008
Lokeren · Eq €84,865
Of 3,823 companies in sector 47210 we hold annual accounts for 965. 789 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-02-2000
Fiscal year end31-12
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471132265
Also
9925:BE0471132265
Registered
27-11-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.