VAN DEN BROECKE
ActiveVAN DEN BROECKE has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39k and a net result of €-16k. Equity is shrinking by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 42% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-12
Solvency65▼-6
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.57 in 2024; short-term debt: 41.6% and cash: 7% of total assets), and 60% 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40%
Return on assets
-16%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-16k
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
99 d early
2023
29 d late
2022
6 d early
2021
40 d early
2020
212 d late
2019
76 d late
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€39k▼ 28.5%
2024 · €55k
2018: €88k
2019: €73k
2020: €56k
2021: €54k
2022: €61k
2023: €67k
2024: €55k
2018 → 2025
Total assets
€98k▼ 17.4%
2024 · €118k
2018: €132k
2019: €106k
2020: €103k
2021: €80k
2022: €88k
2023: €145k
2024: €118k
2018 → 2025
Net result
€-16k▼ 24.0%
2024 · €-13k
2018: €-28k
2019: €-14k
2020: €-14k
2021: €-2k
2022: €8k
2023: €6k
2024: €-13k
2018 → 2025
Working capital
€9k▼ 51.2%
2024 · €19k
2018: €77k
2019: €65k
2020: €42k
2021: €47k
2022: €47k
2023: €22k
2024: €19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€61k▲ 14.0%€67k▲ 10.0%€55k▼ 18.7%€39k▼ 28.5%
Operating result€-2k-€8k€9k▲ 17.4%€-12k€-15k▼ 22.5%
Net result€-2k-€8k€6k▼ 19.0%€-13k€-16k▼ 24.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15k in 2025 against €12k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98k
Fixed assets
€48k▼ 26.4%
Current assets
€50k▼ 6.5%
Equity and liabilities €98k
Equity
€39k▼ 28.5%
Debt
€59k▼ 7.7%
The debt ratio rises from 53.7% to 60.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▼
2024 · €7k
Cash flow
€2k▼
2024 · €7k
Solvency
40.0%▼
2024 · 46.3%
Current ratio
1.23▼
2024 · 1.57
Quick ratio
1.11▼
2024 · 1.42
Debt / equity
1.50▲
2024 · 1.16
ROE
-39.9%▼
2024 · -23.0%
ROA
-16.0%▼
2024 · -10.6%
Interest coverage
1.57▼
2024 · 2.37
Debt
€59k▼
2024 · €63k
Debt ≤ 1 year
€41k▲
2024 · €34k
Debt > 1 year
€18k▼
2024 · €28k
Income taxes
€301▲
2024 · €-1k
Staff costs
€19k▲
2024 · €19k
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€118k€98k▼
Fixed assets21/28€65k€48k▼
Tangible fixed assets22/27€65k€48k▼
Land and buildings22€15k€13k▼
Plant, machinery and equipment23€1k€851▼
Furniture and vehicles24€2k€1k▼
Leasing and similar rights25€46k€32k▼
Current assets29/58€54k€50k▼
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€22k€21k▼
Trade receivables40€15k€18k▲
Other amounts receivable41€7k€3k▼
Current investments50/53-€18k
Cash at bank and in hand54/58€27k€7k▼
Equity and liabilities
Total equity and liabilities10/49€118k€98k▼
Equity10/15€55k€39k▼
Contributions10/11€19k€19k=
Reserves13€49k€49k=
Distributable reserves133€49k€49k=
Profit (loss) carried forward14€-13k€-28k▼
Amounts payable17/49€63k€59k▼
Amounts payable after more than one year17€28k€18k▼
Financial debts170/4€28k€18k▼
Amounts payable within one year42/48€34k€41k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€8k€8k▲
Suppliers440/4€8k€8k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€0€188▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€14k€20k▲
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€19k€19k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€18k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€28k€24k▼
Operating profit (loss)9901€-12k€-15k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€-14k€-15k▼
Income taxes67/77€-1k€301▲
Profit (loss) for the period9904€-13k€-16k▼
Profit (loss) for the period to be appropriated9905€-13k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-28k▼
Profit (loss) brought forward from the previous period14P-€-13k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (10 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after 4 loss-making years.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
28-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 212 days late
2020
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 76 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
14-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Gent · 1 establishment unit since 1990
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.
Heerweg-Noord 1319052 GentGround area
410 m²
Building footprint
161 m²
Volume, LiDAR
1,199 m³
Parcel 44082B0079/00B009, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Heerweg-Noord 131, 9052 Gent
since 19902.047.495.695
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082B0079/00B009 | Flanders | 410 m² | 1 · 161 m² | 11.1 m · 3 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 432 EUR awarded · 432 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 432 EUR | 432 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,290 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-12-1989
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43223Specialised construction activities
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.