VAN CAUTER
ActiveSummary
VAN CAUTER has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49,776 and a net result of -€8,333. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 35% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability62▼-10
Solvency58▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity short (current ratio 0.93 against 1.2 in 2024; short-term debt: 63.8% and cash: 42.7% of total assets), and 66.6% 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
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 · 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 2025Solvency, return and age of the figures
Solvency
33.4%
Return on assets
-5.6%
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
28 d early
2023
23 d early
2022
21 d early
2021
11 d early
2020
16 d early
2019
18 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 18 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. Usually files around 10 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 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 trust this company with building work?Contractor check 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 What other support did companies like this one receive, and it did not?Public money
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€49,776▼ 16.7%
2024 · €59,775
Total assets
€148,840▼ 8.2%
2024 · €162,167
Net result
-€8,333
2024 · €4,649
Working capital
-€6,487
2024 · €17,747
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-€1,597€21,936€9,291▼ 57.6%€6,320▼ 32.0%-€8,301
Net result-€2,698below the sector's middle half€17,810within the sector's middle half€5,918within the sector's middle half▼ 66.8%€4,649within the sector's middle half▼ 21.4%-€8,333below the sector's middle half
Equity€39,494within the sector's middle half▼ 8.1%€56,504within the sector's middle half▲ 43.1%€61,589within the sector's middle half▲ 9.0%€59,775within the sector's middle half▼ 2.9%€49,776within the sector's middle half▼ 16.7%
Total assets€85,245within the sector's middle half▲ 59.1%€144,648within the sector's middle half▲ 69.7%€151,840within the sector's middle half▲ 5.0%€162,167within the sector's middle half▲ 6.8%€148,840within the sector's middle half▼ 8.2%
Debt€45,752▲ 333%€88,144▲ 92.7%€90,251▲ 2.4%€102,392▲ 13.5%€99,064▼ 3.3%
Working capital€27,800within the sector's middle half▼ 34.3%€31,129within the sector's middle half▲ 12.0%€40,807within the sector's middle half▲ 31.1%€17,747within the sector's middle half▼ 56.5%-€6,487below the sector's middle half
Solvency46.3%within the sector's middle half▼ 33.9pp39.1%within the sector's middle half▼ 7.3pp40.6%within the sector's middle half▲ 1.5pp36.9%within the sector's middle half▼ 3.7pp33.4%within the sector's middle half▼ 3.4pp
Current ratio1.92within the sector's middle half▼ 3.091.63within the sector's middle half▼ 0.281.64within the sector's middle half=1.20within the sector's middle half▼ 0.440.93below the sector's middle half▼ 0.27
Return on assets (ROA)-3.2%below the sector's middle half▼ 41.8pp12.3%within the sector's middle half▲ 15.5pp3.9%within the sector's middle half▼ 8.4pp2.9%within the sector's middle half▼ 1.0pp-5.6%below the sector's middle half▼ 8.5pp
Staff (FTE)1=1=1=1=1=
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 turns negative in 2025: a loss of €8,301 after €6,320 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €148,840
Fixed assets
€60,385 ▲ 9.5%
Current assets
€88,455 ▼ 17.4%
Equity and liabilities €148,840
Equity
€49,776 ▼ 16.7%
Debt
€99,064 ▼ 3.3%
Debt's share of the balance-sheet total rises from 63.1% to 66.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€16,068▼
2024 · €26,517
Cash flow
€16,037▼
2024 · €24,847
Debt to equity
1.99▲
2024 · 1.71
ROE
-16.7%▼
2024 · 7.8%
Interest coverage
36.20▼
2024 · 45.21
Debt ≤ 1 year
€94,942▲
2024 · €89,284
Debt > 1 year
€4,121▼
2024 · €13,108
Income taxes
€344▼
2024 · €2,332
Staff costs
€52,901▲
2024 · €51,107
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% | 1.7% |
| 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 75% 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 12,321 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 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €47,402 | €46,917 | €53,088 | €51,107 | €52,901 | ▲ 3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,611 | €14,029 | €17,443 | €20,197 | €24,370 | ▲ 20.7% |
| Other operating charges640/8 | €410 | €449 | €485 | €261 | €273 | ▲ 4.8% |
| Gross operating margin9900 | €51,825 | €83,331 | €80,307 | €77,885 | €69,243 | ▼ 11.1% |
| Operating profit (loss)9901 | -€1,597 | €21,936 | €9,291 | €6,320 | -€8,301 | ▼ 231% |
| Financial income75/76B | €733 | €1,379 | €966 | €1,248 | €757 | ▼ 39.4% |
| Recurring financial income75 | €733 | €1,379 | €966 | €1,248 | €757 | ▼ 39.4% |
| Financial charges65/66B | €527 | €783 | €766 | €586 | €444 | ▼ 24.3% |
| Recurring financial charges65 | €527 | €783 | €766 | €586 | €444 | ▼ 24.3% |
| Profit (loss) for the period before taxes9903 | -€1,390 | €22,533 | €9,491 | €6,981 | -€7,989 | ▼ 214% |
| Income taxes67/77 | €1,308 | €4,722 | €3,573 | €2,332 | €344 | ▼ 85.2% |
| Profit (loss) for the period9904 | -€2,698 | €17,810 | €5,918 | €4,649 | -€8,333 | ▼ 279% |
| Transfer from tax-exempt reserves789 | €6,474 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €3,776 | €17,810 | €5,918 | €4,649 | -€8,333 | ▼ 279% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €85,245 | €144,648 | €151,840 | €162,167 | €148,840 | ▼ 8.2% |
| Fixed assets21/28 | €27,081 | €64,252 | €46,859 | €55,136 | €60,385 | ▲ 9.5% |
| Tangible fixed assets22/27 | €27,081 | €64,252 | €46,809 | €55,086 | €60,335 | ▲ 9.5% |
| Plant, machinery and equipment23 | €1,181 | €45,105 | €34,414 | €23,894 | €15,119 | ▼ 36.7% |
| Furniture and vehicles24 | €25,900 | €19,147 | €12,395 | €31,192 | €45,216 | ▲ 45.0% |
| Financial fixed assets28 | - | - | €50 | €50 | €50 | = |
| Current assets29/58 | €58,164 | €80,396 | €104,981 | €107,031 | €88,455 | ▼ 17.4% |
| Stocks and contracts in progress3 | €3,200 | - | - | - | - | - |
| Contracts in progress37 | €3,200 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €5,005 | €31,043 | €29,707 | €23,584 | €15,068 | ▼ 36.1% |
| Trade receivables40 | €259 | €22,933 | €28,331 | €19,588 | €10,600 | ▼ 45.9% |
| Other amounts receivable41 | €4,746 | €8,110 | €1,376 | €3,997 | €4,468 | ▲ 11.8% |
| Cash at bank and in hand54/58 | €49,959 | €49,353 | €75,274 | €83,446 | €63,554 | ▼ 23.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | €9,834 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €85,245 | €144,648 | €151,840 | €162,167 | €148,840 | ▼ 8.2% |
| Equity10/15 | €39,494 | €56,504 | €61,589 | €59,775 | €49,776 | ▼ 16.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €33,294 | €50,304 | €55,389 | €53,575 | €43,576 | ▼ 18.7% |
| Non-distributable reserves130/1 | €1,395 | €1,395 | €1,395 | €1,395 | - | - |
| Reserves not available under the articles1311 | €1,395 | €1,395 | €1,395 | €1,395 | - | - |
| Distributable reserves133 | €31,899 | €48,909 | €53,994 | €52,181 | €43,576 | ▼ 16.5% |
| Amounts payable17/49 | €45,752 | €88,144 | €90,251 | €102,392 | €99,064 | ▼ 3.3% |
| Amounts payable after more than one year17 | €15,388 | €38,877 | €26,078 | €13,108 | €4,121 | ▼ 68.6% |
| Financial debts170/4 | €15,388 | €38,877 | €26,078 | €13,108 | €4,121 | ▼ 68.6% |
| Amounts payable within one year42/48 | €30,364 | €49,267 | €64,173 | €89,284 | €94,942 | ▲ 6.3% |
| Current portion of amounts payable after more than one year42 | €4,728 | €12,630 | €12,799 | €12,970 | €8,987 | ▼ 30.7% |
| Trade debts44 | €7,335 | - | €4,857 | €5,665 | €2,793 | ▼ 50.7% |
| Suppliers440/4 | €7,335 | - | €4,857 | €5,665 | €2,793 | ▼ 50.7% |
| Taxes, remuneration and social security45 | €2,478 | €6,194 | €4,280 | €5,365 | €3,829 | ▼ 28.6% |
| Taxes450/3 | €778 | €4,356 | €2,518 | €3,275 | €2,204 | ▼ 32.7% |
| Remuneration and social security454/9 | €1,700 | €1,838 | €1,761 | €2,090 | €1,625 | ▼ 22.3% |
| Other amounts payable47/48 | €15,823 | €30,443 | €42,237 | €65,284 | €79,334 | ▲ 21.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,698 | €17,810 | €5,918 | €4,649 | -€8,333 | ▼ 279% |
| + Depreciation and write-downs630 | €5,611 | €14,029 | €17,443 | €20,197 | €24,370 | ▲ 20.7% |
| Operating cash flow (approximation) | €2,912 | €31,839 | €23,361 | €24,847 | €16,037 | ▼ 35.5% |
| Investment in fixed assets (approximation) | - | -€51,200 | -€50 | -€28,475 | -€29,618 | ▼ 4.0% |
| Change in cash | - | -€606 | €25,921 | €8,173 | -€19,892 | ▼ 343% |
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€8,333
Net result drops to -€8,333, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €17,810
Net result €17,810 after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €20,709 ▲341%
Net result €20,709, the highest in the series.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €4,697
Net result €4,697 after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-07
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 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Mechelen · 1 establishment unit since 2002
Ground area
1,157 m²
Building footprint
213 m²
Volume, LiDAR
768 m³
Parcel 12016B0262/00V000, Flanders · tallest building 4.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Bankstraat(HOM) 113, 2811 Mechelen
since 20022.114.731.246
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12016B0262/00V000 | Flanders | 1,157 m² | 1 · 213 m² | 4.6 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 50,227 EUR awarded · 50,227 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 8,589 EUR | 8,589 EUR |
| 2024 | 1 | 13,769 EUR | 13,769 EUR |
| 2023 | 1 | 15,032 EUR | 15,032 EUR |
| 2022 | 1 | 12,837 EUR | 12,837 EUR |
Similar companies · same sector, comparable size
Du trait à la ligne
BE 0779.734.203
Braine-l'Alleud · Eq €49,777
RAMEN EN DEUREN DANNY
BE 0831.363.541
Hamont-Achel · Eq €49,766
HOLSON
BE 0778.629.193
Zedelgem · Eq €49,751
TECTUM PLUS
BE 0827.541.939
Genk · Eq €49,728
WAGERO
BE 0452.793.228
Ukkel · Eq €49,827
Of 20,026 companies in sector 43320 we hold annual accounts for 9,139. 7,397 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
Founded28-11-2002
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478881179
Also
9925:BE0478881179
Registered
28-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.