VAN BURM
ActiveSummary
VAN BURM has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€11,310) and a net result of -€2,413. Equity is shrinking by ~54% per year across the filed fiscal years. Its solvency ranks better than 5% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€11,310
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
31 d late
2023
37 d early
2022
31 d late
2021
31 d early
2020
57 d early
2019
52 d early
← 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 20 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€11,310▼ 27.1%
2024 · -€8,898
Total assets
€1,797▼ 56.3%
2024 · €4,112
Net result
-€2,413▲ 81.4%
2024 · -€12,992
Working capital
-€11,349▼ 20.9%
2024 · -€9,389
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€14,590▼ 596%-€4,124▲ 71.7%-€4,097▲ 0.7%-€12,810▼ 213%-€2,266▲ 82.3%
Net result-€14,899below the sector's middle half▼ 502%-€4,632below the sector's middle half▲ 68.9%-€4,282below the sector's middle half▲ 7.5%-€12,992below the sector's middle half▼ 203%-€2,413below the sector's middle half▲ 81.4%
Equity€13,008below the sector's middle half▼ 53.4%€8,377below the sector's middle half▼ 35.6%€4,095below the sector's middle half▼ 51.1%-€8,898below the sector's middle half-€11,310below the sector's middle half▼ 27.1%
Total assets€21,706below the sector's middle half▼ 47.8%€16,306below the sector's middle half▼ 24.9%€10,575below the sector's middle half▼ 35.1%€4,112below the sector's middle half▼ 61.1%€1,797below the sector's middle half▼ 56.3%
Debt€8,698▼ 36.4%€7,929▼ 8.8%€6,480▼ 18.3%€13,010▲ 101%€13,107▲ 0.7%
Working capital€9,322▼ 61.7%€5,970▼ 36.0%€3,053▼ 48.9%-€9,389-€11,349▼ 20.9%
Solvency59.9%within the sector's middle half▼ 7.2pp51.4%within the sector's middle half▼ 8.6pp38.7%within the sector's middle half▼ 12.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
The operating result stays negative: a loss of €2,266 in 2025 against €12,810 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1,797
Fixed assets
€39 ▼ 92.1%
Current assets
€1,759 ▼ 51.4%
Key figures and ratios
EBITDA
-€1,814▲
2024 · -€12,259
Cash flow
-€1,960▲
2024 · -€12,442
Interest coverage
-11.46▲
2024 · -66.31
Debt ≤ 1 year
€13,107▲
2024 · €13,010
Ratios withheld: a balance sheet total of €1,797 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.9%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 6,640 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,596 | €4,732 | €1,365 | €550 | €453 | ▼ 17.7% |
| Other operating charges640/8 | €1,261 | €868 | €1,377 | €973 | €918 | ▼ 5.7% |
| Non-recurring operating charges66A | - | - | €50 | €75 | - | - |
| Gross operating margin9900 | -€8,733 | €1,476 | -€1,305 | -€11,212 | -€896 | ▲ 92.0% |
| Operating profit (loss)9901 | -€14,590 | -€4,124 | -€4,097 | -€12,810 | -€2,266 | ▲ 82.3% |
| Financial income75/76B | €1 | €37 | - | €2 | €12 | ▲ 441% |
| Recurring financial income75 | €1 | €37 | - | €2 | €12 | ▲ 441% |
| Financial charges65/66B | €310 | €545 | €185 | €185 | €158 | ▼ 14.4% |
| Recurring financial charges65 | €310 | €545 | €185 | €185 | €158 | ▼ 14.4% |
| Profit (loss) for the period before taxes9903 | -€14,899 | -€4,632 | -€4,282 | -€12,992 | -€2,413 | ▲ 81.4% |
| Profit (loss) for the period9904 | -€14,899 | -€4,632 | -€4,282 | -€12,992 | -€2,413 | ▲ 81.4% |
| Profit (loss) for the period to be appropriated9905 | -€14,899 | -€4,632 | -€4,282 | -€12,992 | -€2,413 | ▲ 81.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21,706 | €16,306 | €10,575 | €4,112 | €1,797 | ▼ 56.3% |
| Fixed assets21/28 | €6,450 | €2,407 | €1,042 | €492 | €39 | ▼ 92.1% |
| Tangible fixed assets22/27 | €6,152 | €2,407 | €1,042 | €492 | €39 | ▼ 92.1% |
| Plant, machinery and equipment23 | €1,195 | €597 | - | - | - | - |
| Furniture and vehicles24 | €4,958 | €1,810 | €1,042 | €492 | €39 | ▼ 92.1% |
| Financial fixed assets28 | €297 | - | - | - | - | - |
| Current assets29/58 | €15,256 | €13,899 | €9,533 | €3,621 | €1,759 | ▼ 51.4% |
| Stocks and contracts in progress3 | €3,119 | €5,907 | €1,561 | - | - | - |
| Stocks30/36 | €3,119 | €5,907 | €1,561 | - | - | - |
| Amounts receivable within one year40/41 | €9,360 | €4,163 | €5,462 | €1,815 | €544 | ▼ 70.0% |
| Trade receivables40 | €4,061 | €2,806 | €5,462 | €1,254 | €266 | ▼ 78.8% |
| Other amounts receivable41 | €5,299 | €1,358 | - | €561 | €278 | ▼ 50.4% |
| Cash at bank and in hand54/58 | €1,249 | €409 | €584 | €822 | €1,186 | ▲ 44.2% |
| Deferred charges and accrued income490/1 | €1,528 | €3,419 | €1,926 | €984 | €28 | ▼ 97.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21,706 | €16,306 | €10,575 | €4,112 | €1,797 | ▼ 56.3% |
| Equity10/15 | €13,008 | €8,377 | €4,095 | -€8,898 | -€11,310 | ▼ 27.1% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €11,449 | €11,449 | €11,449 | €11,449 | €11,449 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | €9,589 | €9,589 | €9,589 | €9,589 | €9,589 | = |
| Profit (loss) carried forward14 | -€17,032 | -€21,664 | -€25,946 | -€38,938 | -€41,351 | ▼ 6.2% |
| Amounts payable17/49 | €8,698 | €7,929 | €6,480 | €13,010 | €13,107 | ▲ 0.7% |
| Amounts payable after more than one year17 | €2,764 | - | - | - | - | - |
| Financial debts170/4 | €2,764 | - | - | - | - | - |
| Amounts payable within one year42/48 | €5,933 | €7,929 | €6,480 | €13,010 | €13,107 | ▲ 0.7% |
| Current portion of amounts payable after more than one year42 | €3,605 | €2,764 | - | - | - | - |
| Trade debts44 | €2,039 | €4,875 | €3,927 | €4,240 | €2,640 | ▼ 37.7% |
| Suppliers440/4 | €2,039 | €4,875 | €3,927 | €4,240 | €2,640 | ▼ 37.7% |
| Taxes, remuneration and social security45 | €290 | - | €147 | €8,150 | €22 | ▼ 99.7% |
| Taxes450/3 | €290 | - | €147 | - | €22 | - |
| Remuneration and social security454/9 | - | - | - | €8,150 | - | - |
| Other amounts payable47/48 | - | €290 | €2,405 | €620 | €10,445 | ▲ 1,585% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,899 | -€4,632 | -€4,282 | -€12,992 | -€2,413 | ▲ 81.4% |
| + Depreciation and write-downs630 | €4,596 | €4,732 | €1,365 | €550 | €453 | ▼ 17.7% |
| Operating cash flow (approximation) | -€10,304 | €100 | -€2,917 | -€12,442 | -€1,960 | ▲ 84.2% |
| Investment in fixed assets (approximation) | - | -€689 | €0 | €0 | €0 | - |
| Change in cash | - | -€840 | €175 | €238 | €364 | ▲ 52.7% |
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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€14,899
Net result drops to -€14,899, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €6,086
Net result €6,086 after one loss-making year.
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Merelbeke-Melle · 1 establishment unit since 1983
Ground area
807 m²
Building footprint
244 m²
Volume, LiDAR
1,044 m³
Parcel 44412B0526/00W000, Flanders · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VAN BURM
since 19832.021.845.333
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412B0526/00W000 | Flanders | 807 m² | 1 · 244 m² | 5.8 m · 1 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.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 2,681 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 (pre-2019)
Founded01-01-1983
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0423733513
Registered
15-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.