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VAN DESSEL

Active
Private limited companyfounded 198838 yrs activeBeukenlei 30, 2960 Brecht, BelgiumKBO/BCE: BE 0433.240.404
Summary

VAN DESSEL has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €108,628 and a net result of €20,649. Equity is growing by ~5.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability92▲+15
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 14.87 against 84.99 in 2023; short-term debt: 3.7% and cash: 9.3% of total assets), and 3.8% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-05-2025, 64 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
64 d early
2023
50 d early
2022
39 d early
2021
5 d late
2020
8 d early
2019
41 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 33 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 January 1988, VAN DESSEL was incorporated.1 Total assets went from EUR 108,824 in 2018 to EUR 112,896 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€108,628▲ 23.5%
2023 · €87,979
Total assets
€112,896▲ 26.5%
2023 · €89,259
Net result
€20,649▲ 245%
2023 · €5,983
Working capital
€58,662▼ 19.2%
2023 · €72,567
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€22,201▼ 24.7%€17,209▼ 22.5%€13,898▼ 19.2%€9,374▼ 32.5%€29,032▲ 210%
Net result€14,503▼ 21.1%€10,969▼ 24.4%€8,762▼ 20.1%€5,983▼ 31.7%€20,649▲ 245%
Equity€99,136▲ 17.1%€110,105▲ 11.1%€81,996▼ 25.5%€87,979▲ 7.3%€108,628▲ 23.5%
Total assets€102,732▲ 15.3%€110,857▲ 7.9%€121,026▲ 9.2%€89,259▼ 26.2%€112,896▲ 26.5%
Debt€3,596▼ 19.5%€752▼ 79.1%€39,029▲ 5,093%€1,280▼ 96.7%€4,268▲ 233%
Working capital€60,114▲ 57.4%€78,151▲ 30.0%€58,066▼ 25.7%€72,567▲ 25.0%€58,662▼ 19.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2020: €22,201€22,201Net result 2020: €14,503€14,503Operating result 2021: €17,209€17,209Net result 2021: €10,969€10,969Operating result 2022: €13,898€13,898Net result 2022: €8,762€8,762Operating result 2023: €9,374€9,374Net result 2023: €5,983€5,983Operating result 2024: €29,032€29,032Net result 2024: €20,649€20,64920202021202220232024€0€10,000€20,000€30,000Operating result 2022: €13,898€13,900Net result 2022: €8,762€8,760Operating result 2023: €9,374€9,370Net result 2023: €5,983€5,980Operating result 2024: €29,032€29,000Net result 2024: €20,649€20,600202220232024
The operating result recovers in 2024; 2024 is 210% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €112,896
Fixed assets €50,004 ▲ 216%
Current assets €62,891 ▼ 14.4%
Equity and liabilities €112,896
Equity €108,628 ▲ 23.5%
Debt €4,268 ▲ 233%
Debt's share of the balance-sheet total rises from 1.4% to 3.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€35,122▲
2023 · €18,002
Cash flow
€26,739▲
2023 · €14,610
Current ratio
14.87▼
2023 · 84.99
Debt to equity
0.04▲
2023 · 0.01
ROE
19.0%▲
2023 · 6.8%
ROA
18.3%▲
2023 · 6.7%
Interest coverage
209.45▲
2023 · 102.25
Debt ≤ 1 year
€4,230▲
2023 · €864
Income taxes
€8,982▲
2023 · €4,230
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€89,259€112,896▲
Fixed assets21/28€15,827€50,004▲
Tangible fixed assets22/27€15,827€50,004▲
Plant, machinery and equipment23€1,064€2,953▲
Furniture and vehicles24-€33,577
Other tangible fixed assets26€14,764€13,474▼
Current assets29/58€73,431€62,891▼
Amounts receivable within one year40/41€1,531€7,566▲
Trade receivables40€623€1,350▲
Other amounts receivable41€908€6,216▲
Current investments50/53€65,096€43,363▼
Cash at bank and in hand54/58€4,880€10,445▲
Deferred charges and accrued income490/1€1,923€1,517▼
Equity and liabilities
Total equity and liabilities10/49€89,259€112,896▲
Equity10/15€87,979€108,628▲
Contributions10/11€6,208€6,208=
Reserves13€81,771€102,420▲
Non-distributable reserves130/1€1,860-
Reserves not available under the articles1311€1,860-
Distributable reserves133€79,911€102,420▲
Amounts payable17/49€1,280€4,268▲
Amounts payable within one year42/48€864€4,230▲
Trade debts44€661€422▼
Suppliers440/4€661€422▼
Taxes, remuneration and social security45-€3,807
Taxes450/3-€3,807
Other amounts payable47/48€203-
Accrued charges and deferred income492/3€416€38▼
Income statement Code20232024
Non-recurring operating income76A-€12,190
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,628€6,090▼
Other operating charges640/8€941€1,227▲
Non-recurring operating charges66A€0-
Gross operating margin9900€18,943€36,349▲
Operating profit (loss)9901€9,374€29,032▲
Financial income75/76B€1,014€766▼
Recurring financial income75€1,014€766▼
Financial charges65/66B€176€168▼
Recurring financial charges65€176€168▼
Profit (loss) for the period before taxes9903€10,213€29,631▲
Income taxes67/77€4,230€8,982▲
Profit (loss) for the period9904€5,983€20,649▲
Profit (loss) for the period to be appropriated9905€5,983€20,649▲
Appropriation of the result
Profit (loss) to be appropriated9906€5,983€20,649▲
Transfer to equity691/2€5,983€20,649▲
To other reserves6921€5,983€20,649▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A----€12,190-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,236€8,537€8,614€8,628€6,090▼ 29.4%
Other operating charges640/8-€714€722€941€1,227▲ 30.4%
Non-recurring operating charges66A---€0--
Gross operating margin9900€31,463€26,461€23,234€18,943€36,349▲ 91.9%
Operating profit (loss)9901€22,201€17,209€13,898€9,374€29,032▲ 210%
Financial income75/76B-€403€667€1,014€766▼ 24.4%
Recurring financial income75€561€403€667€1,014€766▼ 24.4%
Financial charges65/66B-€93€157€176€168▼ 4.8%
Recurring financial charges65€93€93€157€176€168▼ 4.8%
Profit (loss) for the period before taxes9903€22,669€17,519€14,408€10,213€29,631▲ 190%
Income taxes67/77€8,167€6,550€5,646€4,230€8,982▲ 112%
Profit (loss) for the period9904€14,503€10,969€8,762€5,983€20,649▲ 245%
Profit (loss) for the period to be appropriated9905€14,503€10,969€8,762€5,983€20,649▲ 245%
Line20202021202220232024Change
Assets
Total assets20/58€102,732€110,857€121,026€89,259€112,896▲ 26.5%
Fixed assets21/28€39,040€31,955€23,930€15,827€50,004▲ 216%
Tangible fixed assets22/27€39,040€31,955€23,930€15,827€50,004▲ 216%
Plant, machinery and equipment23-€1,350€1,246€1,064€2,953▲ 178%
Furniture and vehicles24-€12,388€6,194-€33,577-
Other tangible fixed assets26-€18,217€16,490€14,764€13,474▼ 8.7%
Current assets29/58€63,692€78,902€97,095€73,431€62,891▼ 14.4%
Amounts receivable within one year40/41€14,410€8,173€24,899€1,531€7,566▲ 394%
Trade receivables40-€564€860€623€1,350▲ 117%
Other amounts receivable41-€7,610€24,039€908€6,216▲ 585%
Current investments50/53€37,542€59,822€67,002€65,096€43,363▼ 33.4%
Cash at bank and in hand54/58€10,880€10,079€3,479€4,880€10,445▲ 114%
Deferred charges and accrued income490/1-€828€1,715€1,923€1,517▼ 21.1%
Equity and liabilities
Total equity and liabilities10/49€102,732€110,857€121,026€89,259€112,896▲ 26.5%
Equity10/15€99,136€110,105€81,996€87,979€108,628▲ 23.5%
Contributions10/11-€6,208€6,208€6,208€6,208=
Reserves13€92,928€103,897€75,788€81,771€102,420▲ 25.3%
Non-distributable reserves130/1-€1,860€1,860€1,860--
Reserves not available under the articles1311-€1,860€1,860€1,860--
Distributable reserves133-€102,037€73,928€79,911€102,420▲ 28.2%
Amounts payable17/49€3,596€752€39,029€1,280€4,268▲ 233%
Amounts payable within one year42/48€3,578€752€39,029€864€4,230▲ 390%
Trade debts44€1,412€202€1,512€661€422▼ 36.1%
Suppliers440/4-€202€1,512€661€422▼ 36.1%
Taxes, remuneration and social security45-€550€646-€3,807-
Taxes450/3-€550€646-€3,807-
Other amounts payable47/48--€36,871€203--
Accrued charges and deferred income492/3---€416€38▼ 90.8%
Line20202021202220232024Change
Profit (loss) for the period9904€14,503€10,969€8,762€5,983€20,649▲ 245%
+ Depreciation and write-downs630€8,236€8,537€8,614€8,628€6,090▼ 29.4%
Operating cash flow (approximation)€22,739€19,506€17,376€14,610€26,739▲ 83.0%
Investment in fixed assets (approximation)--€1,451-€590-€525-€40,267▼ 7,570%
Change in cash--€801-€6,601€1,402€5,565▲ 297%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
28-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €20,649 ▲245%
Net result €20,649, the highest in the series.
31-12
Financial Equity above €100,000Eq €108,628 ▲23.5%
7 profitable years in a row build equity to €108,628.
11-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €5,983 ▼31.7%
Net result drops to €5,983, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity times 34current ratio 84.99
Current ratio from 2.49 to 84.99; short-term debt falls from €39,029 to €864.
22-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
05-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial Liquidity times 6current ratio 104.97
Current ratio from 17.80 to 104.97; short-term debt falls from €3,578 to €752.
31-12
Financial Equity above €100,000Eq €110,105 ▲11.1%
4 profitable years in a row build equity to €110,105.
23-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
20-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial Liquidity times 6current ratio 11.52
Current ratio from 2.01 to 11.52; short-term debt falls from €41,893 to €3,630.
12-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
24-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 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, Brecht · 1 establishment unit since 1988
seat establishment The establishment unit on the map
Ground area
1,384 m²
Building footprint
234 m²
Volume, LiDAR
1,213 m³
Parcel 11009M0002/00Y008, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Beukenlei 30, 2960 Brecht
NACE 85120
since 19882.229.263.601
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11009M0002/00Y008 Flanders 1,384 m² 1 · 234 m² 8.7 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded18-01-1988
Fiscal year end31-12
Contact
Phone 03.636.45.00Brecht
E-invoicing
Not found in the Peppol register

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.