Van Erdeghem
ActiveVan Erdeghem has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72k and a net result of €297k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency35▼-42
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.62 against 3.38 in 2024; short-term debt: 67.5% and cash: 3.5% of total assets), and 89.5% 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
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 · 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
10.5%
Return on assets
43.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 27787 sector peers (2025).
NBB · sector comparisonPosition among 27787 sector peers
Solvency
better than 14%
← weakest
strongest →
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 17-07-2026, 14 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
14 d early
2024
17 d early
2023
7 d early
2022
40 d early
2021
11 d early
2020
33 d early
2019
32 d early
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€72k▼ 69.4%
2024 · €234k
2018: €43k
2019: €67k
2020: €96k
2021: €131k
2022: €51k
2023: €51k
2024: €234k
2018 → 2025
Total assets
€681k▲ 50.4%
2024 · €453k
2018: €337k
2019: €440k
2020: €436k
2021: €456k
2022: €531k
2023: €464k
2024: €453k
2018 → 2025
Net result
€297k▲ 62.7%
2024 · €182k
2018: €13k
2019: €24k
2020: €29k
2021: €35k
2022: €118k
2023: €185k
2024: €182k
2018 → 2025
Working capital
€-176k
2024 · €141k
2018: €-180k
2019: €5k
2020: €55k
2021: €77k
2022: €-6k
2023: €-70k
2024: €141k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€131k-€51k▼ 60.9%€51k▲ 0.5%€234k▲ 355%€72k▼ 69.4%
Operating result€50k-€157k▲ 213%€246k▲ 57.0%€241k▼ 2.1%€387k▲ 60.4%
Net result€35k-€118k▲ 235%€185k▲ 56.6%€182k▼ 1.6%€297k▲ 62.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 60% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €681k
Fixed assets
€398k▲ 57.8%
Current assets
€283k▲ 41.1%
Equity and liabilities €681k
Equity
€72k▼ 69.4%
Debt
€610k▲ 178%
The debt ratio rises from 48.4% to 89.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€454k▲
2024 · €287k
Cash flow
€364k▲
2024 · €229k
Solvency
10.5%▼
2024 · 51.6%
Current ratio
0.62▼
2024 · 3.38
Quick ratio
0.58▼
2024 · 3.24
Debt / equity
8.53▲
2024 · 0.94
ROE
414.9%▲
2024 · 78.0%
ROA
43.5%▲
2024 · 40.2%
Interest coverage
101.82▲
2024 · 74.59
Debt
€610k▲
2024 · €219k
Debt ≤ 1 year
€460k▲
2024 · €59k
Debt > 1 year
€149k▼
2024 · €160k
Income taxes
€86k▲
2024 · €55k
Staff costs
€117k▲
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€453k€681k▲
Fixed assets21/28€252k€398k▲
Tangible fixed assets22/27€252k€398k▲
Land and buildings22€177k€162k▼
Plant, machinery and equipment23€19k€162k▲
Furniture and vehicles24€57k€74k▲
Financial fixed assets28€10€10=
Current assets29/58€201k€283k▲
Stocks and contracts in progress3€8k€16k▲
Stocks30/36€8k€16k▲
Amounts receivable within one year40/41€16k€221k▲
Trade receivables40€11k€193k▲
Other amounts receivable41€5k€28k▲
Cash at bank and in hand54/58€149k€24k▼
Deferred charges and accrued income490/1€28k€22k▼
Equity and liabilities
Total equity and liabilities10/49€453k€681k▲
Equity10/15€234k€72k▼
Contributions10/11€30k€30k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€202k€40k▼
Amounts payable17/49€219k€610k▲
Amounts payable after more than one year17€160k€149k▼
Financial debts170/4€160k€149k▼
Amounts payable within one year42/48€59k€460k▲
Current portion of amounts payable after more than one year42€11k€11k▼
Trade debts44€10k€9k▼
Suppliers440/4€10k€9k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€37k€47k▲
Taxes450/3€12k€29k▲
Remuneration and social security454/9€25k€19k▼
Other amounts payable47/48€1k€393k▲
Accrued charges and deferred income492/3€262€1k▲
Income statement
Code20242025
Remuneration, social security and pensions62€87k€117k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€67k▲
Other operating charges640/8€4k€12k▲
Gross operating margin9900€378k€583k▲
Operating profit (loss)9901€241k€387k▲
Financial income75/76B€81€46▼
Recurring financial income75€81€46▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€237k€382k▲
Income taxes67/77€55k€86k▲
Profit (loss) for the period9904€182k€297k▲
Profit (loss) for the period to be appropriated9905€182k€297k▲
Appropriation of the result
Profit (loss) to be appropriated9906€202k€499k▲
Profit (loss) brought forward from the previous period14P€20k€202k▲
Profit to be distributed694/7€0€459k▲
Return on contributions (dividend)694€0€459k▲
The notes to these accounts (11 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €297k ▲62.7%
Operating result €387k, net result €297k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 5current ratio 3.38
Current ratio from 0.71 to 3.38; short-term debt falls from €240k to €59k.
31-12
Financial
Equity above €200kEq €234k ▲355%
7 profitable years in a row build equity to €234k.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €131k ▲37%
4 profitable years in a row build equity to €131k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 1.04
Current ratio from 0.31 to 1.04; short-term debt falls from €262k to €131k.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
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, Hamme (Vl.) · 2 establishment units since 2017
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.
Heirbaan 2769220 Hamme (Vl.)Ground area
3,701 m²
Building footprint
691 m²
Volume, LiDAR
2,764 m³
2 parcels, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
Van Erdeghem
since 20172.270.413.870
Van Erdeghem
since 20212.322.875.925
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42452C0623/00K002 | Flanders | 2,094 m² | 1 · 336 m² | 4.1 m · 1 fl. |
| 42452C1392/00X000 | Flanders | 1,607 m² | 1 · 354 m² | 7.9 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 3,784 EUR awarded · 3,784 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,784 EUR | 3,784 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,636 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-11-2017
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.