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VAN DYCK

Active
Private limited companyfounded 199035 yrs activeTervuursesteenweg 63, 1820 Steenokkerzeel, BelgiumKBO/BCE: BE 0442.666.527
Summary

VAN DYCK has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €408k and a net result of €8k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 2095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability71▼-3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 25.86 against 14.58 in 2023; short-term debt: 3.7% and cash: 64.8% of total assets), and 3.7% of the assets are financed with debt.
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Signals

Four 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
96.3%
Return on assets
1.8%
Age of the figures
21 mo
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 26-03-2025, 127 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
127 d early
2023
30 d late
2022
31 d late
2021
24 d late
2020
31 d early
2019
56 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, abbreviated schema

Equity
€408k▲ 1.9%
2023 · €401k
Total assets
€424k▼ 1.0%
2023 · €428k
Net result
€8k▼ 56.1%
2023 · €17k
Working capital
€395k▲ 5.7%
2023 · €374k
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€173k▲ 154%€111k▼ 35.8%€140k▲ 26.3%€25k▼ 82.3%€4k▼ 83.2%
Net result€118k▲ 141%€79k▼ 33.1%€98k▲ 24.3%€17k▼ 82.5%€8k▼ 56.1%
Equity€206k▼ 13.2%€285k▲ 38.3%€384k▲ 34.4%€401k▲ 4.5%€408k▲ 1.9%
Total assets€386k▲ 23.0%€403k▲ 4.3%€458k▲ 13.7%€428k▼ 6.4%€424k▼ 1.0%
Debt€180k▲ 135%€118k▼ 34.7%€74k▼ 36.8%€28k▼ 62.9%€16k▼ 42.4%
Working capital€119k▼ 19.5%€223k▲ 88.3%€338k▲ 51.2%€374k▲ 10.6%€395k▲ 5.7%
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2020: €173k€173kNet result 2020: €118k€118kOperating result 2021: €111k€111kNet result 2021: €79k€79kOperating result 2022: €140k€140kNet result 2022: €98k€98kOperating result 2023: €25k€25kNet result 2023: €17k€17kOperating result 2024: €4k€4kNet result 2024: €8k€8k20202021202220232024€0€50k€100k€150kOperating result 2022: €140k€140kNet result 2022: €98k€98kOperating result 2023: €25k€25kNet result 2023: €17k€17kOperating result 2024: €4k€4.2kNet result 2024: €8k€7.6k202220232024
The operating result has fallen two years in a row; 2024 is 83% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €424k
Fixed assets €13k ▼ 51.0%
Current assets €411k ▲ 2.4%
Equity and liabilities €424k
Equity €408k ▲ 1.9%
Debt €16k ▼ 42.4%
Debt's share of the balance-sheet total falls from 6.4% to 3.7%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€18k▼
2023 · €46k
Cash flow
€21k▼
2023 · €39k
Current ratio
25.86▲
2023 · 14.58
Quick ratio
21.60▲
2023 · 9.50
Debt to equity
0.04▼
2023 · 0.07
ROE
1.9%▼
2023 · 4.3%
ROA
1.8%▼
2023 · 4.0%
Interest coverage
66.65▼
2023 · 91.42
Debt ≤ 1 year
€16k▼
2023 · €28k
Income taxes
€4k▼
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet Code20232024
Assets
Total assets20/58€428k€424k▼
Fixed assets21/28€27k€13k▼
Tangible fixed assets22/27€27k€13k▼
Land and buildings22€4k€553▼
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€13k€6k▼
Current assets29/58€401k€411k▲
Stocks and contracts in progress3€140k€68k▼
Stocks30/36€140k€68k▼
Amounts receivable within one year40/41€37k€60k▲
Trade receivables40€12k€34k▲
Other amounts receivable41€25k€26k▲
Cash at bank and in hand54/58€208k€275k▲
Deferred charges and accrued income490/1€17k€9k▼
Equity and liabilities
Total equity and liabilities10/49€428k€424k▼
Equity10/15€401k€408k▲
Contributions10/11€19k€19k=
Reserves13€382k€390k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€382k€390k▲
Amounts payable17/49€28k€16k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€28k€16k▼
Current portion of amounts payable after more than one year42€2k€0▼
Trade debts44€10k€6k▼
Suppliers440/4€10k€6k▼
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€13k€2k▼
Taxes450/3€13k€2k▼
Other amounts payable47/48€4k€5k▲
Accrued charges and deferred income492/3€46€0▼
Income statement Code20232024
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€14k▼
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€49k€23k▼
Operating profit (loss)9901€25k€4k▼
Financial income75/76B€1k€8k▲
Recurring financial income75€1k€290▼
Non-recurring financial income76B-€8k
Financial charges65/66B€505€269▼
Recurring financial charges65€505€269▼
Profit (loss) for the period before taxes9903€25k€12k▼
Income taxes67/77€8k€4k▼
Profit (loss) for the period9904€17k€8k▼
Profit (loss) for the period to be appropriated9905€17k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€8k▼
Transfer to equity691/2€17k€8k▼
To other reserves6921€17k€8k▼
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A----€7k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€36k€26k€21k€14k▼ 35.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-993€0---
Other operating charges640/8-€2k€2k€3k€3k▼ 5.8%
Non-recurring operating charges66A----€2k-
Gross operating margin9900€213k€148k€168k€49k€23k▼ 53.6%
Operating profit (loss)9901€173k€111k€140k€25k€4k▼ 83.2%
Financial income75/76B-€2k€1k€1k€8k▲ 635%
Recurring financial income75€2k€2k€1k€1k€290▼ 73.6%
Non-recurring financial income76B----€8k-
Financial charges65/66B-€3k€1k€505€269▼ 46.8%
Recurring financial charges65€3k€3k€1k€505€269▼ 46.8%
Profit (loss) for the period before taxes9903€171k€110k€140k€25k€12k▼ 52.7%
Income taxes67/77€53k€31k€42k€8k€4k▼ 45.7%
Profit (loss) for the period9904€118k€79k€98k€17k€8k▼ 56.1%
Profit (loss) for the period to be appropriated9905€137k€79k€98k€17k€8k▼ 56.1%
Line20202021202220232024Change
Assets
Total assets20/58€386k€403k€458k€428k€424k▼ 1.0%
Fixed assets21/28€97k€74k€48k€27k€13k▼ 51.0%
Tangible fixed assets22/27€97k€74k€48k€27k€13k▼ 51.0%
Land and buildings22-€17k€11k€4k€553▼ 87.1%
Plant, machinery and equipment23-€17k€13k€9k€6k▼ 31.6%
Furniture and vehicles24-€40k€25k€13k€6k▼ 53.1%
Current assets29/58€290k€329k€410k€401k€411k▲ 2.4%
Stocks and contracts in progress3€90k€140k€178k€140k€68k▼ 51.6%
Stocks30/36-€140k€178k€140k€68k▼ 51.6%
Amounts receivable within one year40/41€49k€22k€32k€37k€60k▲ 63.6%
Trade receivables40-€19k€26k€12k€34k▲ 185%
Other amounts receivable41-€3k€6k€25k€26k▲ 5.2%
Cash at bank and in hand54/58€142k€152k€185k€208k€275k▲ 32.0%
Deferred charges and accrued income490/1-€15k€14k€17k€9k▼ 48.9%
Equity and liabilities
Total equity and liabilities10/49€386k€403k€458k€428k€424k▼ 1.0%
Equity10/15€206k€285k€384k€401k€408k▲ 1.9%
Contributions10/11-€19k€19k€19k€19k=
Reserves13€188k€267k€365k€382k€390k▲ 2.0%
Non-distributable reserves130/1-€2k€2k€0--
Reserves not available under the articles1311-€2k€2k€0--
Distributable reserves133-€265k€363k€382k€390k▲ 2.0%
Profit (loss) carried forward14€149k-----
Amounts payable17/49€180k€118k€74k€28k€16k▼ 42.4%
Amounts payable after more than one year17€9k€12k€2k€0--
Financial debts170/4-€12k€2k€0--
Amounts payable within one year42/48€171k€105k€72k€28k€16k▼ 42.3%
Current portion of amounts payable after more than one year42-€11k€11k€2k€0▼ 100%
Trade debts44€50k€29k€21k€10k€6k▼ 38.1%
Suppliers440/4-€29k€21k€10k€6k▼ 38.1%
Advances received on contracts in progress46----€3k-
Taxes, remuneration and social security45-€31k€33k€13k€2k▼ 81.1%
Taxes450/3-€31k€33k€13k€2k▼ 81.1%
Other amounts payable47/48-€34k€7k€4k€5k▲ 33.1%
Accrued charges and deferred income492/3-€8€1k€46€0▼ 100%
Line20202021202220232024Change
Profit (loss) for the period9904€118k€79k€98k€17k€8k▼ 56.1%
+ Depreciation and write-downs630€38k€36k€26k€21k€14k▼ 35.8%
Operating cash flow (approximation)€156k€115k€124k€39k€21k▼ 44.9%
Investment in fixed assets (approximation)-€-14k€0€0€0-
Change in cash-€10k€33k€23k€67k▲ 193%

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
26-03
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €8k ▼56.1%
Net result drops to €8k, the lowest in the series.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial Liquidity triplescurrent ratio 14.58
Current ratio from 5.72 to 14.58; short-term debt falls from €72k to €28k.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
24-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €118k ▲141%
Operating result €173k, net result €118k, both a record.
05-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €200kEq €238k ▲26%
2 profitable years in a row build equity to €238k.
14-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
06-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
21-06
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 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Steenokkerzeel · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
858 m²
Building footprint
187 m²
Volume, LiDAR
1,028 m³
Parcel 23065A0255/00L000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tervuursesteenweg 63, 1820 Steenokkerzeel
Raising of dairy cattle
since 19912.051.600.082
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23065A0255/00L000 Flanders 858 m² 1 · 187 m² 8.9 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.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 496 EUR awarded · 496 EUR paid
Year Entries awardedpaid
2022 1 496 EUR496 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 496 EUR · 496 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 9,992 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-12-1990
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings

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