Van den Hende
ActiveVan den Hende has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.98M and a net result of €1.17M. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 44% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+9
Solvency63▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.91 in 2024; short-term debt: 60.2% and cash: 16.7% of total assets), and 61.5% 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
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
38.5%
Return on assets
15.1%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
9 d late
2022
on the day
2021
7 d late
2020
22 d late
2019
3 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.98M▼ 10.0%
2024 · €3.31M
2019: €1.84M
2020: €2.27M
2021: €2.84M
2022: €3.56M
2023: €3.27M
2024: €3.31M
2019 → 2025
Total assets
€7.74M▲ 23.5%
2024 · €6.27M
2019: €4.19M
2020: €4.01M
2021: €4.79M
2022: €6.49M
2023: €6.23M
2024: €6.27M
2019 → 2025
Net result
€1.17M▲ 117%
2024 · €538k
2019: €398k
2020: €448k
2021: €826k
2022: €721k
2023: €1.46M
2024: €538k
2019 → 2025
Working capital
€2.16M▼ 13.9%
2024 · €2.51M
2019: €1.43M
2020: €1.78M
2021: €1.74M
2022: €2.72M
2023: €2.37M
2024: €2.51M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.84M-€3.56M▲ 25.3%€3.27M▼ 8.2%€3.31M▲ 1.2%€2.98M▼ 10.0%
Operating result€1.17M-€1.03M▼ 12.4%€1.96M▲ 91.1%€753k▼ 61.6%€1.63M▲ 116%
Net result€826k-€721k▼ 12.7%€1.46M▲ 102%€538k▼ 63.1%€1.17M▲ 117%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 116% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.74M
Fixed assets
€915k▼ 7.5%
Current assets
€6.82M▲ 29.3%
Equity and liabilities €7.74M
Equity
€2.98M▼ 10.0%
Debt
€4.76M▲ 61.0%
The debt ratio rises from 47.2% to 61.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.86M▲
2024 · €1.01M
Cash flow
€1.40M▲
2024 · €793k
Solvency
38.5%▼
2024 · 52.8%
Current ratio
1.46▼
2024 · 1.91
Quick ratio
0.84▼
2024 · 1.12
Debt / equity
1.60▲
2024 · 0.89
ROE
39.2%▲
2024 · 16.3%
ROA
15.1%▲
2024 · 8.6%
Interest coverage
37.40▲
2024 · 19.59
Debt
€4.76M▲
2024 · €2.96M
Debt ≤ 1 year
€4.66M▲
2024 · €2.76M
Debt > 1 year
€86k▼
2024 · €186k
Income taxes
€427k▲
2024 · €191k
Staff costs
€986k▼
2024 · €994k
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€6.27M€7.74M▲
Fixed assets21/28€990k€915k▼
Intangible fixed assets21€211k€186k▼
Tangible fixed assets22/27€772k€723k▼
Land and buildings22€137k€137k=
Plant, machinery and equipment23€257k€297k▲
Furniture and vehicles24€89k€48k▼
Leasing and similar rights25€157k€115k▼
Other tangible fixed assets26€133k€126k▼
Financial fixed assets28€6k€6k▲
Current assets29/58€5.28M€6.82M▲
Stocks and contracts in progress3€2.19M€2.91M▲
Stocks30/36€2.19M€2.91M▲
Amounts receivable within one year40/41€1.93M€1.82M▼
Trade receivables40€1.59M€1.69M▲
Other amounts receivable41€334k€139k▼
Current investments50/53€748k€748k=
Cash at bank and in hand54/58€347k€1.29M▲
Deferred charges and accrued income490/1€65k€45k▼
Equity and liabilities
Total equity and liabilities10/49€6.27M€7.74M▲
Equity10/15€3.31M€2.98M▼
Contributions10/11€19k€19k=
Reserves13€2.05M€2.05M=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€2.04M€2.04M=
Profit (loss) carried forward14€1.25M€915k▼
Amounts payable17/49€2.96M€4.76M▲
Amounts payable after more than one year17€186k€86k▼
Financial debts170/4€186k€86k▼
Amounts payable within one year42/48€2.76M€4.66M▲
Current portion of amounts payable after more than one year42€142k€100k▼
Financial debts43€301k€321k▲
Credit institutions430/8€301k€321k▲
Trade debts44€1.06M€1.53M▲
Suppliers440/4€1.06M€1.53M▲
Taxes, remuneration and social security45€151k€201k▲
Taxes450/3€64k€88k▲
Remuneration and social security454/9€87k€113k▲
Other amounts payable47/48€1.11M€2.51M▲
Accrued charges and deferred income492/3€7k€14k▲
Income statement
Code20242025
Remuneration, social security and pensions62€994k€986k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€255k€231k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€77k-
Other operating charges640/8€30k€31k▲
Gross operating margin9900€2.11M€2.88M▲
Operating profit (loss)9901€753k€1.63M▲
Financial income75/76B€27k€15k▼
Recurring financial income75€27k€15k▼
Financial charges65/66B€51k€50k▼
Recurring financial charges65€51k€50k▼
Profit (loss) for the period before taxes9903€729k€1.60M▲
Income taxes67/77€191k€427k▲
Profit (loss) for the period9904€538k€1.17M▲
Profit (loss) for the period to be appropriated9905€538k€1.17M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.75M€2.41M▲
Profit (loss) brought forward from the previous period14P€1.21M€1.25M▲
Profit to be distributed694/7€500k€1.50M▲
Return on contributions (dividend)694€500k€1.50M▲
Social balance
Average headcount (FTE)908714.414.9▲
The notes to these accounts (12 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
09-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 9 days late
2023
30-06
Financial
Highest result since 2019net €1.46M ▲102%
Operating result €1.96M, net result €1.46M, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 7 days late
2021
22-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 22 days late
2020
30-06
Financial
Equity above €2MEq €2.27M ▲23.3%
2 profitable years in a row build equity to €2.27M.
03-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 3 days late
2019
04-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 4 days late
2018
05-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 5 days late
2017
13-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 13 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, Kuurne · 2 establishment units since 1975
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.
Sint-Katriensteenweg 578520 KuurneGround area
6,874 m²
Building footprint
3,283 m²
Volume, LiDAR
934 m³
2 parcels, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Deerlijksesteenweg 182, 8530 Harelbeke
since 19752.011.121.487
Van den Hende
since 20172.272.476.012
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023A0309/00S000 | Flanders | 6,185 m² | 1 · 3,153 m² | - |
| 34323D1463/00A003 | Flanders | 689 m² | 1 · 129 m² | 10.0 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 6,788 EUR awarded · 6,608 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,736 EUR | 2,736 EUR |
| 2024 | 1 | 926 EUR | 845 EUR |
| 2023 | 1 | 773 EUR | 773 EUR |
| 2022 | 1 | 2,353 EUR | 2,254 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Dual-learning approval
2 live approvalsLogistiek duaal (so)
Operator CNC-gestuurde houtbewerkingsmachines duaal (so)
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Of 857 companies in sector 46832 we hold annual accounts for 588. 381 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-06-1975
Fiscal year end30-06
Activities, NACEBEL
46832Wholesale of timber
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
51532
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 48 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.