VAN DE VELDE

Active

Public limited companyfounded 199233 yrs activeLageweg 4, 9260 Wichelen, BelgiumKBO/BCE: BE 0448.746.744

Summary

VAN DE VELDE has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €128.4m and a net result of €8.0m. Equity remains stable across the filed fiscal years (±1.6% per year). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch Report Compare

VAN DE VELDEActiveChecked score 74/100

Risk analysis Report Compare

What they do

Manufacture of wearing apparel

NACE 14220NACE 14140NACE 18230

#1 employer in Belgium, Clothing sector5 sites

How big

€198.1mturnover 2024

Staff: 472.8 FTE
Equity: €128.4m
Profit: €8.0m

Financially healthy?

74 Healthy Checked score 2024

Bankruptcy chance 12 m: 0.4%

Who decides

Parent: VAN DE VELDE HOLDING · 57.39%
Board: 8 members
Holdings: 15

Auditor: BV PwC BedrijfsrevisorenAccounts 43 d early2 of 69 deeds read

Why 74- Multiple establishment units+ Long track record+ Annual accounts: healthy financial profile+ Lower-risk legal form+ Lower-failure-rate sectorLatest accounts filed on timeShow the evidence

Checked score

Score 2024

74 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability80▼-10

Solvency91=

Growth33▼-18

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2,000,000 at 30 days acceptable

Liquidity ample (current ratio 1.97 against 1.71 in 2023; short-term debt: 34% and cash: 6.2% of total assets), and 34.1% 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

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

65.9%

Return on assets

4.1%

Age of the figures

21 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 14

Relative position

BE, all sectors

reference

Manufacture of wearing apparel (NACE 14)

about 12% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

43 d early

2024

86 d early

2023

63 d early

2022

95 d early

2021

80 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 73 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)

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 12 May (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

10-09-26 Resignation: Karel Verlinde CommV (director and…Appointment: MDx Partners BV (director…
22-06-26 Annual accounts filedfiscal year 2025 · consolidated
18-06-26 Annual accounts filedfiscal year 2025 · full…

Key points

Caution: Result fell in 2024from €37.3m to €8.0m ▼ 78.5% View
Positive: Employer in Belgium, Clothing sectorin the Checked rankings #1 View
Board changedlatest change 31-08-2026 · 8 in office 8 joined · 3 left View
Controlled by VAN DE VELDE HOLDINGknown shareholders 57.39% 57.39% View
Positive: 7 profitable years in a rowprofit 2024: €8.0m 7 years View
Positive: Always filed on timeaccounts within the deadline every year 5 years View
Flemish supportawarded 2022 - 2025 €101,437 View