VAN DE VOORDE-VERKINDEREN
ActiveThe computed 12-month bankruptcy probability of VAN DE VOORDE-VERKINDEREN is 1.7% (moderate). The 2025 annual accounts show equity of €1.61M and a net result of €394k. Equity is growing by ~40.5% per year across the filed fiscal years. Its solvency ranks better than 91% of 3657 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+6
Solvency100▲+10
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 3.68 against 1.88 in 2024; short-term debt: 14.9% and cash: 4.3% of total assets), and 20.7% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
79.3%
Return on assets
19.4%
Age of the figures
16 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 19-01-2026, 19 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
19 d late
2024
3 d late
2023
5 d late
2022
11 d early
2021
17 d late
2020
22 d late
2019
24 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close19-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€542k▼ 15.3%
2019 · €639k
2019: €639k
2019 → 2020
EBIT margin
21.3%▲ 8.5pp
2019 · 12.8%
2019: 12.8%
2019 → 2020
Net result
€394k▲ 43.9%
2024 · €274k
2019: €64k
2020: €85k
2021: €64k
2022: €220k
2023: €349k
2024: €274k
2019 → 2025
Working capital
€812k▲ 93.1%
2024 · €421k
2019: €249k
2020: €268k
2021: €239k
2022: €227k
2023: €467k
2024: €421k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€361k-€581k▲ 60.8%€930k▲ 60.2%€1.22M▲ 30.7%€1.61M▲ 32.4%
Operating result€73k-€272k▲ 272%€459k▲ 68.6%€371k▼ 19.2%€533k▲ 43.7%
Net result€64k-€220k▲ 243%€349k▲ 59.1%€274k▼ 21.7%€394k▲ 43.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 44% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.03M
Fixed assets
€915k▼ 5.1%
Current assets
€1.11M▲ 24.0%
Equity and liabilities €2.03M
Equity
€1.61M▲ 32.4%
Debt
€420k▼ 35.0%
The debt ratio falls from 34.7% to 20.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€631k▲
2024 · €464k
Cash flow
€492k▲
2024 · €367k
Solvency
79.3%▲
2024 · 65.3%
Current ratio
3.68▲
2024 · 1.88
Quick ratio
3.52▲
2024 · 1.76
Debt / equity
0.26▼
2024 · 0.53
ROE
24.4%▲
2024 · 22.5%
ROA
19.4%▲
2024 · 14.7%
Interest coverage
56.84▲
2024 · 46.93
Debt
€420k▼
2024 · €646k
Debt ≤ 1 year
€303k▼
2024 · €478k
Debt > 1 year
€97k▼
2024 · €167k
Income taxes
€130k▲
2024 · €87k
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€1.86M€2.03M▲
Fixed assets21/28€964k€915k▼
Tangible fixed assets22/27€964k€915k▼
Land and buildings22€764k€757k▼
Plant, machinery and equipment23€44k€19k▼
Furniture and vehicles24€155k€140k▼
Current assets29/58€899k€1.11M▲
Stocks and contracts in progress3€55k€51k▼
Stocks30/36€55k€51k▼
Amounts receivable within one year40/41€691k€978k▲
Trade receivables40€670k€929k▲
Other amounts receivable41€21k€49k▲
Cash at bank and in hand54/58€153k€86k▼
Equity and liabilities
Total equity and liabilities10/49€1.86M€2.03M▲
Equity10/15€1.22M€1.61M▲
Contributions10/11€19k€19k=
Reserves13€63k€168k▲
Tax-exempt reserves132€61k€167k▲
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€1.13M€1.42M▲
Amounts payable17/49€646k€420k▼
Amounts payable after more than one year17€167k€97k▼
Financial debts170/4€167k€97k▼
Amounts payable within one year42/48€478k€303k▼
Current portion of amounts payable after more than one year42€86k€72k▼
Financial debts43€68k€63k▼
Credit institutions430/8€68k€63k▼
Trade debts44€214k€106k▼
Suppliers440/4€214k€106k▼
Taxes, remuneration and social security45€20k€37k▲
Taxes450/3€20k€37k▲
Other amounts payable47/48€90k€25k▼
Accrued charges and deferred income492/3€1k€21k▲
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€93k€98k▲
Other operating charges640/8€44k€16k▼
Non-recurring operating charges66A€980€0▼
Gross operating margin9900€509k€647k▲
Operating profit (loss)9901€371k€533k▲
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€361k€523k▲
Income taxes67/77€87k€130k▲
Profit (loss) for the period9904€274k€394k▲
Transfer to tax-exempt reserves689-€105k
Profit (loss) for the period to be appropriated9905€274k€288k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.13M€1.42M▲
Profit (loss) brought forward from the previous period14P€861k€1.13M▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (14 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
19-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
2025
31-05
Financial
Highest result since 2019net €394k ▲43.9%
Operating result €533k, net result €394k, both a record.
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2024
31-05
Financial
Equity above €1MEq €1.22M ▲30.7%
6 profitable years in a row build equity to €1.22M.
05-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-05
Financial
Equity above €500kEq €581k ▲60.8%
4 profitable years in a row build equity to €581k.
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-05
Financial
Weakest financial yearnet €64k ▼25%
Net result drops to €64k, the lowest in the series; recovery starts the following year.
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 22 days late
2020
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Oudenburg · 2 establishment units since 2014
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.
Gistelsesteenweg 498460 OudenburgGround area
7,881 m²
Building footprint
558 m²
Volume, LiDAR
2,895 m³
2 parcels, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
VAN DE VOORDE-VERKINDEREN
since 20142.226.304.012
Van de Voorde
since 20212.320.981.653
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38027B0016/00T000 | Flanders | 7,439 m² | 1 · 366 m² | 11.1 m · 2 fl. |
| 35023B0389/00T000 | Flanders | 442 m² | 1 · 192 m² | 10.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
GREAT FOOD
BE 0843.105.984
Brussel · Eq €1.61M
UNIVERSAL CATERING
BE 0823.124.974
Brussel · Eq €1.59M
DE PALETHOEVE
BE 0417.078.719
Brecht · Eq €1.57M
DE VESTEN
BE 0453.856.070
Laakdal · Eq €1.67M
KORTRIJKS RESTAURATIEBEDRIJF
BE 0452.584.776
Kortrijk · Eq €1.55M
Of 7,506 companies in sector 56210 we hold annual accounts for 2,445. 633 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2013
Fiscal year end31-05
Activities, NACEBEL
56210Event catering
01430Raising of horses and other equines
10850Manufacture of food products
46392Non-specialised wholesale
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47210Retail sale of fruit and vegetables
47762Retail sale of pets, pet food and pet supplies
47810Retail trade
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
56309Food and beverage service activities
93110Operation of sports facilities
93127Equestrian clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.