VAN CUTSEM tools
ActiveVAN CUTSEM tools has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €792k and a net result of €67k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 90% of 7921 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-11
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 7.56 against 8.01 in 2024), and 11.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
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
88.5%
Return on assets
7.5%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €792k
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
22 d early
2023
2 d early
2022
32 d early
2021
61 d early
2020
16 d late
2019
17 d early
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€792k▲ 9.3%
2024 · €725k
2018: €645k
2019: €670k
2020: €662k
2021: €681k
2022: €734k
2023: €647k
2024: €725k
2018 → 2025
Total assets
€895k▲ 8.6%
2024 · €824k
2018: €811k
2019: €826k
2020: €856k
2021: €812k
2022: €935k
2023: €743k
2024: €824k
2018 → 2025
Net result
€67k▼ 13.9%
2024 · €78k
2018: €76k
2019: €82k
2020: €59k
2021: €34k
2022: €69k
2023: €-71k
2024: €78k
2018 → 2025
Working capital
€674k▼ 2.9%
2024 · €694k
2018: €431k
2019: €465k
2020: €445k
2021: €454k
2022: €529k
2023: €613k
2024: €694k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€681k-€734k▲ 7.9%€647k▼ 11.9%€725k▲ 12.1%€792k▲ 9.3%
Operating result€38k-€84k▲ 121%€-82k€81k€84k▲ 3.4%
Net result€34k-€69k▲ 102%€-71k€78k€67k▼ 13.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €895k
Fixed assets
€119k▲ 282%
Current assets
€776k▼ 2.1%
Equity and liabilities €895k
Equity
€792k▲ 9.3%
Debt
€103k▲ 3.7%
The debt ratio falls from 12.0% to 11.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€105k▲
2024 · €104k
Cash flow
€88k▼
2024 · €101k
Solvency
88.5%▲
2024 · 88.0%
Current ratio
7.56▼
2024 · 8.01
Quick ratio
5.54▼
2024 · 5.91
Debt / equity
0.13▼
2024 · 0.14
ROE
8.5%▼
2024 · 10.8%
ROA
7.5%▼
2024 · 9.5%
Interest coverage
116.94▲
2024 · 57.95
Debt
€103k▲
2024 · €99k
Debt ≤ 1 year
€103k▲
2024 · €99k
Income taxes
€28k▲
2024 · €16k
Staff costs
€58k▼
2024 · €68k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€824k€895k▲
Fixed assets21/28€31k€119k▲
Tangible fixed assets22/27€31k€119k▲
Furniture and vehicles24€20k€111k▲
Other tangible fixed assets26€11k€8k▼
Current assets29/58€793k€776k▼
Stocks and contracts in progress3€208k€207k▼
Stocks30/36€208k€207k▼
Amounts receivable within one year40/41€267k€204k▼
Trade receivables40€243k€186k▼
Other amounts receivable41€24k€18k▼
Cash at bank and in hand54/58€318k€365k▲
Equity and liabilities
Total equity and liabilities10/49€824k€895k▲
Equity10/15€725k€792k▲
Contributions10/11€217k€217k=
Reserves13€508k€576k▲
Distributable reserves133€508k€576k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€99k€103k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€99k€103k▲
Current portion of amounts payable after more than one year42€16k€0▼
Trade debts44€34k€53k▲
Suppliers440/4€34k€53k▲
Taxes, remuneration and social security45€39k€36k▼
Taxes450/3€32k€28k▼
Remuneration and social security454/9€7k€8k▲
Other amounts payable47/48€11k€14k▲
Income statement
Code20242025
Remuneration, social security and pensions62€68k€58k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€21k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-351€0▲
Other operating charges640/8€8k€2k▼
Non-recurring operating charges66A€0€3k▲
Gross operating margin9900€179k€168k▼
Operating profit (loss)9901€81k€84k▲
Financial income75/76B€15k€13k▼
Recurring financial income75€15k€13k▼
Financial charges65/66B€2k€895▼
Recurring financial charges65€2k€895▼
Profit (loss) for the period before taxes9903€94k€95k▲
Income taxes67/77€16k€28k▲
Profit (loss) for the period9904€78k€67k▼
Profit (loss) for the period to be appropriated9905€78k€67k▼
Appropriation of the result
Profit (loss) to be appropriated9906€78k€67k▼
Transfer from equity791/2€0-
Transfer to equity691/2€78k€67k▼
To other reserves6921€78k€67k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90871.31.0▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €78k
Net result €78k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-71k ▼203%
Net result drops to €-71k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 8.65
Current ratio from 4.15 to 8.65; short-term debt falls from €168k to €80k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 16 days late
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €82k ▲8%
Operating result €103k, net result €82k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 1982
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Doornpark(BEV) 199120 Beveren-Kruibeke-ZwijndrechtGround area
2,433 m²
Building footprint
780 m²
Volume, LiDAR
4,938 m³
Parcel 46503C1243/00E000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAN CUTSEM TOOLS
since 19822.021.455.947
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46503C1243/00E000 | Flanders | 2,433 m² | 1 · 780 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
WIJHUIS INGENIEURS BUREAU
BE 0430.726.619
Baarle-Hertog · Eq €796k
SAFETY TOOLS AND RELATED TECHNOLOGY
BE 0422.977.705
Aartselaar · Eq €788k
TRAEN INDUSTRIES
BE 0739.687.851
Brugge · Eq €798k
C & K
BE 0441.649.314
Oostkamp · Eq €799k
Manthydro
BE 0403.965.111
Flémalle · Eq €803k
Of 824 companies in sector 46620 we hold annual accounts for 639. 521 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-1982
Fiscal year end31-12
Activities, NACEBEL
46620Wholesale of machine tools
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@jpvancutsem.be
Phone:037768492