Van de Velde Peter
ActiveSummary
Van de Velde Peter has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66,919 and a net result of €12,111. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 28374 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+13
Solvency96▲+18
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 3.39 against 2.15 in 2024; short-term debt: 28.7% and cash: 53.9% of total assets), and 28.8% 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
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
71.2%
Return on assets
12.9%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-05-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
370 d late
2023
34 d late
2022
30 d late
2021
90 d late
2020
on the day
2019
on the day
← 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 76 days after 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 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 4 June (4 of the last 5 filed years within 55 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 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 How does this company compare with its sector?Sector benchmark
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
€66,919▲ 18.5%
2024 · €56,474
Total assets
€93,968▼ 11.2%
2024 · €105,829
Net result
€12,111▲ 365%
2024 · €2,602
Working capital
€64,459▲ 15.6%
2024 · €55,750
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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 43, Specialised construction activities, 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).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€7,510▼ 38.4%€18,155€8,963▼ 50.6%€4,225▼ 52.9%€18,080▲ 328%
Net result-€8,438below the sector's middle half▼ 37.8%€17,618within the sector's middle half€6,232within the sector's middle half▼ 64.6%€2,602within the sector's middle half▼ 58.2%€12,111within the sector's middle half▲ 365%
Equity€31,622within the sector's middle half▼ 22.6%€49,240within the sector's middle half▲ 55.7%€54,672within the sector's middle half▲ 11.0%€56,474within the sector's middle half▲ 3.3%€66,919within the sector's middle half▲ 18.5%
Total assets€79,457within the sector's middle half▼ 20.3%€87,258within the sector's middle half▲ 9.8%€104,463within the sector's middle half▲ 19.7%€105,829within the sector's middle half▲ 1.3%€93,968within the sector's middle half▼ 11.2%
Debt€47,834▼ 18.7%€38,018▼ 20.5%€49,791▲ 31.0%€49,355▼ 0.9%€27,049▼ 45.2%
Working capital€25,363within the sector's middle half▼ 14.3%€43,436within the sector's middle half▲ 71.3%€52,407within the sector's middle half▲ 20.7%€55,750within the sector's middle half▲ 6.4%€64,459within the sector's middle half▲ 15.6%
Solvency39.8%within the sector's middle half▼ 1.2pp56.4%within the sector's middle half▲ 16.6pp52.3%within the sector's middle half▼ 4.1pp53.4%within the sector's middle half▲ 1.0pp71.2%above the sector's middle half▲ 17.9pp
Current ratio1.59within the sector's middle half▼ 0.042.16within the sector's middle half▲ 0.572.05within the sector's middle half▼ 0.112.15within the sector's middle half▲ 0.093.39within the sector's middle half▲ 1.24
Return on assets (ROA)-10.6%below the sector's middle half▼ 4.5pp20.2%above the sector's middle half▲ 30.8pp6.0%within the sector's middle half▼ 14.2pp2.5%within the sector's middle half▼ 3.5pp12.9%within the sector's middle half▲ 10.4pp
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 recovers in 2025; 2025 is 328% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93,968
Fixed assets
€2,511 ▲ 78.8%
Current assets
€91,457 ▼ 12.4%
Equity and liabilities €93,968
Equity
€66,919 ▲ 18.5%
Debt
€27,049 ▼ 45.2%
Debt's share of the balance-sheet total falls from 46.6% to 28.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19,615▲
2024 · €5,485
Cash flow
€13,646▲
2024 · €3,863
Quick ratio
2.67▲
2024 · 1.56
Debt to equity
0.40▼
2024 · 0.87
ROE
18.1%▲
2024 · 4.6%
Interest coverage
35.11▲
2024 · 22.77
Debt ≤ 1 year
€26,998▼
2024 · €48,674
Income taxes
€5,919▲
2024 · €2,392
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% 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 34,696 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 | €13,925 | €5,572 | €5,914 | €1,260 | €1,534 | ▲ 21.7% |
| Other operating charges640/8 | €1,422 | €1,365 | €1,988 | €2,851 | €1,724 | ▼ 39.5% |
| Gross operating margin9900 | €7,836 | €25,092 | €16,864 | €8,336 | €21,339 | ▲ 156% |
| Operating profit (loss)9901 | -€7,510 | €18,155 | €8,963 | €4,225 | €18,080 | ▲ 328% |
| Financial income75/76B | €337 | €216 | €175 | €1,010 | €509 | ▼ 49.6% |
| Recurring financial income75 | €337 | €216 | €175 | €1,010 | €509 | ▼ 49.6% |
| Financial charges65/66B | €1,040 | €657 | €289 | €241 | €559 | ▲ 132% |
| Recurring financial charges65 | €1,040 | €657 | €289 | €241 | €559 | ▲ 132% |
| Profit (loss) for the period before taxes9903 | -€8,213 | €17,715 | €8,849 | €4,994 | €18,031 | ▲ 261% |
| Income taxes67/77 | €225 | €97 | €2,617 | €2,392 | €5,919 | ▲ 147% |
| Profit (loss) for the period9904 | -€8,438 | €17,618 | €6,232 | €2,602 | €12,111 | ▲ 365% |
| Profit (loss) for the period to be appropriated9905 | -€8,438 | €17,618 | €6,232 | €2,602 | €12,111 | ▲ 365% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €79,457 | €87,258 | €104,463 | €105,829 | €93,968 | ▼ 11.2% |
| Fixed assets21/28 | €11,225 | €6,520 | €2,265 | €1,405 | €2,511 | ▲ 78.8% |
| Tangible fixed assets22/27 | €11,225 | €6,520 | €2,265 | €1,405 | €2,511 | ▲ 78.8% |
| Plant, machinery and equipment23 | €2,108 | €2,029 | €2,265 | €1,405 | €2,511 | ▲ 78.8% |
| Furniture and vehicles24 | €9,117 | €4,491 | - | - | - | - |
| Current assets29/58 | €68,232 | €80,738 | €102,199 | €104,424 | €91,457 | ▼ 12.4% |
| Stocks and contracts in progress3 | €21,274 | €4,009 | €8,794 | €28,467 | €19,297 | ▼ 32.2% |
| Stocks30/36 | €13,492 | €2,872 | €2,549 | €19,149 | €17,349 | ▼ 9.4% |
| Contracts in progress37 | €7,782 | €1,137 | €6,245 | €9,318 | €1,948 | ▼ 79.1% |
| Amounts receivable within one year40/41 | €36,045 | €51,821 | €77,819 | €19,142 | €20,717 | ▲ 8.2% |
| Trade receivables40 | €33,298 | €51,821 | €64,995 | €10,321 | €18,280 | ▲ 77.1% |
| Other amounts receivable41 | €2,747 | - | €12,823 | €8,821 | €2,438 | ▼ 72.4% |
| Cash at bank and in hand54/58 | €10,914 | €24,908 | €15,586 | €56,412 | €50,602 | ▼ 10.3% |
| Deferred charges and accrued income490/1 | - | - | - | €403 | €841 | ▲ 108% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €79,457 | €87,258 | €104,463 | €105,829 | €93,968 | ▼ 11.2% |
| Equity10/15 | €31,622 | €49,240 | €54,672 | €56,474 | €66,919 | ▲ 18.5% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | €12,400 | - | - | - | - | - |
| Issued capital100 | €18,600 | - | - | - | - | - |
| Uncalled capital101 | €6,200 | - | - | - | - | - |
| Reserves13 | €61,690 | €61,690 | €67,122 | €68,924 | €79,370 | ▲ 15.2% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - | - |
| Legal reserve130 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | €59,830 | €59,830 | €65,262 | €68,924 | €79,370 | ▲ 15.2% |
| Profit (loss) carried forward14 | -€42,468 | -€24,850 | -€24,850 | -€24,850 | -€24,850 | = |
| Amounts payable17/49 | €47,834 | €38,018 | €49,791 | €49,355 | €27,049 | ▼ 45.2% |
| Amounts payable after more than one year17 | €4,966 | €716 | - | - | - | - |
| Financial debts170/4 | €4,966 | €716 | - | - | - | - |
| Amounts payable within one year42/48 | €42,869 | €37,302 | €49,791 | €48,674 | €26,998 | ▼ 44.5% |
| Current portion of amounts payable after more than one year42 | €7,285 | €4,250 | €716 | - | - | - |
| Trade debts44 | €28,691 | €20,549 | €27,102 | €36,791 | €9,341 | ▼ 74.6% |
| Suppliers440/4 | €28,691 | €20,549 | €27,102 | €36,791 | €9,341 | ▼ 74.6% |
| Taxes, remuneration and social security45 | €2,608 | €4,880 | €13,550 | €4,712 | €8,479 | ▲ 79.9% |
| Taxes450/3 | €608 | €2,880 | €11,550 | €2,712 | €6,479 | ▲ 139% |
| Remuneration and social security454/9 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Other amounts payable47/48 | €4,285 | €7,623 | €8,423 | €7,171 | €9,178 | ▲ 28.0% |
| Accrued charges and deferred income492/3 | - | - | - | €680 | €51 | ▼ 92.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,438 | €17,618 | €6,232 | €2,602 | €12,111 | ▲ 365% |
| + Depreciation and write-downs630 | €13,925 | €5,572 | €5,914 | €1,260 | €1,534 | ▲ 21.7% |
| Operating cash flow (approximation) | €5,487 | €23,190 | €12,145 | €3,863 | €13,646 | ▲ 253% |
| Investment in fixed assets (approximation) | - | -€867 | -€1,658 | -€400 | -€2,640 | ▼ 560% |
| Change in cash | - | €13,994 | -€9,322 | €40,826 | -€5,810 | ▼ 114% |
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
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 370 days late
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 34 days late
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-09
Financial
Back to profitnet €17,618
Net result €17,618 after 4 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 90 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet -€28,081
Net result drops to -€28,081, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
03-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
19-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 19 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.
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, Maldegem · 1 establishment unit since 2008
Ground area
935 m²
Building footprint
190 m²
Volume, LiDAR
968 m³
Parcel 43010B1411/00L000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Van de Velde Peter
since 20082.169.298.595
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43010B1411/00L000 | Flanders | 935 m² | 1 · 190 m² | 8.9 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.
Similar companies · same sector, comparable size
DL Menuiserie
BE 0763.893.905
Juprelle · Eq €66,915
PATRICK BOUDART
BE 0820.538.242
Nassogne · Eq €66,890
DE GEYSELEER Willy
BE 0838.687.338
Liedekerke · Eq €66,994
Schrijnwerken De Lepeleire
BE 0773.667.842
Wingene · Eq €67,001
MENUISERIE BOIS CONCEPT
BE 0797.610.610
Ath · Eq €66,800
Of 20,025 companies in sector 43320 we hold annual accounts for 9,140. 7,600 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
Founded28-12-2007
Fiscal year end30-09
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0894544490
Also
9925:BE0894544490
Registered
04-12-2025
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.