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VAN dE VELDE WOOD

Active
Public limited companyfounded 1994active for 32 yearsZuidlaan 64, 9230 Wetteren, BelgiumKBO/BCE: BE 0452.878.746
Summary

The computed 12-month bankruptcy probability of VAN dE VELDE WOOD is 1.7% (moderate). The 2025 annual accounts show negative equity (-€172,189) and a net result of -€93,584. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 5% of 9,883 sector peers (NACE 43, financial year 2025). The company has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 15-06-1994 Normal situation
Activity
Joinery installation NACE 43320
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.068.108.591 9230 Wetteren, since 23-05-1996
Financial year end
31 December
Peppol
Reachable since 12-12-2025

Board and ownership

Board
Shareholders

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€141,301
▼ 34.0%
Turnover
≈ €560,000
estimated
Loss
€93,584
Equity
-€172,189
▼ 119%
Total assets
€26,705
▼ 78.4%
Employees on 31-12-2025
2
▼ 33.3%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 13 days after the deadline
Filed on 13-08-2026
Score breakdownraises riskLoss of €93,584 (financial year 2025)Sector: Specialised construction activities (NACE 43)Negative equity -€172,189lowers riskSize: total assets €26,705Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 4% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -644.8% of total assets
Liquidity 6-4
short-term debt 744.8% · cash 5.1%
Profitability 0-48
return on assets -350.4%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.1% 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.0%▼ -0.1 percentage points vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.0%▼ -0.1 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 0.9%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.1%▲ +0.2 percentage points vs 06-2026 08-2026: 1.6%▲ +0.5 percentage points vs 07-2026 09-2026: 1.7%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 1.7%● unchanged vs 09-2026highest value 11-2026: 1.7%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.13 (0.61 in 2024), below 1. Short-term debt is 744.8% and cash 5.1% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 3% of them on solvency, 5% on liquidity, 4% on profitability and 3% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €26,705
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €93,584 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Negative equity -€172,189
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€172,189
raises risk · 2025 accounts filed 13 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
13 days late
2024
2 days early
2023
13 days late
2022
31 days late
2021
67 days late
2020
86 days late
2019
53 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 37 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€172,189 View
  • Caution: Equity fell in 2025from -€78,605 to -€172,189 ▼ 119% View
  • Caution: Lower solvency than 95% of companies in specialised constructionsector median 44.0% · 9,883 companies -644.8% View

Recent changes

  1. · Gazette deed Reappointment: Van de Velde Alexandra (managing director)
  2. · Gazette deed Resignation: Van de Velde Christian (director)Reappointments: Van de Velde Alexandra (director) and Van Praet Marleen (director) · Appointment: Histoire 2 (director)
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as VAN dE VELDE WOOD: joinery installation (NACE 43320). They are comparable in size and age: total assets between €28,300 and €59,200, founded between 1989 and 2008.

CompanyTotal assetsGross margin
VAN dE VELDE WOOD Wetteren€26,705€141,301
DE HOUTWORM Nijlen€38,397€96,112
CAR WASH SOLUTIONS Rebecq€39,995€117,445
DRP Algemene Bouwwerken Zoutleeuw€53,753€107,487
STEMAKS Sint-Lambrechts-Woluwe€59,173€183,224
DCC-BOUW Sint-Genesius-Rode€46,121€109,912
CART ' FLASH Seneffe€28,309€46,627
Full comparison

Key facts about VAN dE VELDE WOOD

What is the company number of VAN dE VELDE WOOD?
The company number of VAN dE VELDE WOOD is 0452.878.746. The VAT number is the same number with BE in front: BE 0452.878.746.
Where is VAN dE VELDE WOOD based?
The registered office is at Zuidlaan 64, 9230 Wetteren.Company details
What does VAN dE VELDE WOOD do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of VAN dE VELDE WOOD?
The legal form of VAN dE VELDE WOOD is Public limited company (NV).
When was VAN dE VELDE WOOD founded?
VAN dE VELDE WOOD was founded on 15-06-1994.
Is VAN dE VELDE WOOD still active?
Yes, VAN dE VELDE WOOD is an active enterprise in the KBO register.
How many employees does VAN dE VELDE WOOD have?
VAN dE VELDE WOOD had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VAN dE VELDE WOOD fall under?
In its 2025 annual accounts, VAN dE VELDE WOOD states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of VAN dE VELDE WOOD?
The turnover in financial year 2025 is ≈ €560,000. This figure is estimated from the gross margin of €141,301 and 37 comparable companies (NACE 43320). It probably lies between €380,000 and €700,000.
Is VAN dE VELDE WOOD profitable?
In financial year 2025, VAN dE VELDE WOOD made a loss of €93,584.
Where can I find the annual accounts of VAN dE VELDE WOOD?
VAN dE VELDE WOOD filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VAN dE VELDE WOOD due?
VAN dE VELDE WOOD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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