VAN HAESENDONCK
ActiveSummary
VAN HAESENDONCK has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €183,804 and a net result of -€14,428. Equity is shrinking by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability40▲+40
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 18.7 against 4.14 in 2024; short-term debt: 3.9% and cash: 8.1% of total assets), and 3.9% 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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 dateAge against the risk zone
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 -€14,428
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
6 d early
2022
5 d early
2021
68 d late
2020
59 d late
2019
82 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€183,804▼ 7.3%
2024 · €198,232
Total assets
€191,326▼ 20.5%
2024 · €240,632
Net result
-€14,428▲ 77.8%
2024 · -€64,865
Working capital
€133,168▲ 0.1%
2024 · €133,066
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€7,500▼ 76.1%€13,938▲ 85.8%-€62,379-€64,735▼ 3.8%-€14,223▲ 78.0%
Net result€6,052within the sector's middle half▼ 76.2%€8,863within the sector's middle half▲ 46.4%-€62,546below the sector's middle half-€64,865below the sector's middle half▼ 3.7%-€14,428below the sector's middle half▲ 77.8%
Equity€316,780above the sector's middle half▲ 1.9%€325,643above the sector's middle half▲ 2.8%€263,097above the sector's middle half▼ 19.2%€198,232above the sector's middle half▼ 24.7%€183,804above the sector's middle half▼ 7.3%
Total assets€382,807above the sector's middle half▲ 7.8%€407,858above the sector's middle half▲ 6.5%€294,862within the sector's middle half▼ 27.7%€240,632within the sector's middle half▼ 18.4%€191,326within the sector's middle half▼ 20.5%
Debt€66,027▲ 48.7%€82,215▲ 24.5%€31,765▼ 61.4%€42,400▲ 33.5%€7,523▼ 82.3%
Working capital€223,892▲ 1.9%€240,476▲ 7.4%€182,073▼ 24.3%€133,066▼ 26.9%€133,168▲ 0.1%
Solvency82.8%above the sector's middle half▼ 4.7pp79.8%above the sector's middle half▼ 2.9pp89.2%above the sector's middle half▲ 9.4pp82.4%above the sector's middle half▼ 6.8pp96.1%above the sector's middle half▲ 13.7pp
Staff (FTE)2.2▲ 83.3%2.1▼ 4.5%2▼ 4.8%2=0.6▼ 70.0%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
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 €14,223 in 2025 against €64,735 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €191,326
Fixed assets
€50,636 ▼ 22.3%
Current assets
€140,691 ▼ 19.8%
Equity and liabilities €191,326
Equity
€183,804 ▼ 7.3%
Debt
€7,523 ▼ 82.3%
Debt's share of the balance-sheet total falls from 17.6% to 3.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€307▲
2024 · -€48,876
Cash flow
€102▲
2024 · -€49,007
Current ratio
18.70▲
2024 · 4.14
Quick ratio
10.39▲
2024 · 2.53
Debt to equity
0.04▼
2024 · 0.21
ROE
-7.8%▲
2024 · -32.7%
ROA
-7.5%▲
2024 · -27.0%
Interest coverage
3.65▲
2024 · -217.00
Debt ≤ 1 year
€7,523▼
2024 · €42,400
Income taxes
€761▲
2024 · €195
Staff costs
€35,089▼
2024 · €116,410
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 12,304 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €102,564 | €117,376 | €121,460 | €116,410 | €35,089 | ▼ 69.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,277 | €21,375 | €17,053 | €15,859 | €14,530 | ▼ 8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€831 | - | - | - | - |
| Other operating charges640/8 | €1,545 | €1,711 | €3,650 | €1,149 | €3,298 | ▲ 187% |
| Non-recurring operating charges66A | - | €831 | - | - | €22,934 | - |
| Gross operating margin9900 | €129,886 | €154,399 | €79,785 | €68,683 | €61,628 | ▼ 10.3% |
| Operating profit (loss)9901 | €7,500 | €13,938 | -€62,379 | -€64,735 | -€14,223 | ▲ 78.0% |
| Financial income75/76B | €1,429 | €430 | €284 | €290 | €640 | ▲ 121% |
| Recurring financial income75 | €1,429 | €430 | €284 | €290 | €640 | ▲ 121% |
| Financial charges65/66B | €445 | €922 | €583 | €225 | €84 | ▼ 62.6% |
| Recurring financial charges65 | €445 | €922 | €583 | €225 | €84 | ▼ 62.6% |
| Profit (loss) for the period before taxes9903 | €8,484 | €13,446 | -€62,678 | -€64,670 | -€13,667 | ▲ 78.9% |
| Income taxes67/77 | €2,433 | €4,583 | -€132 | €195 | €761 | ▲ 290% |
| Profit (loss) for the period9904 | €6,052 | €8,863 | -€62,546 | -€64,865 | -€14,428 | ▲ 77.8% |
| Profit (loss) for the period to be appropriated9905 | €6,052 | €8,863 | -€62,546 | -€64,865 | -€14,428 | ▲ 77.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €382,807 | €407,858 | €294,862 | €240,632 | €191,326 | ▼ 20.5% |
| Fixed assets21/28 | €109,481 | €92,883 | €81,024 | €65,166 | €50,636 | ▼ 22.3% |
| Tangible fixed assets22/27 | €109,481 | €92,883 | €81,024 | €65,166 | €50,636 | ▼ 22.3% |
| Plant, machinery and equipment23 | €40,074 | €34,392 | €31,054 | €23,010 | €16,269 | ▼ 29.3% |
| Furniture and vehicles24 | €33,007 | €23,825 | €17,036 | €10,955 | €4,900 | ▼ 55.3% |
| Other tangible fixed assets26 | €36,400 | €34,667 | €32,933 | €31,200 | €29,467 | ▼ 5.6% |
| Current assets29/58 | €273,326 | €314,974 | €213,838 | €175,466 | €140,691 | ▼ 19.8% |
| Stocks and contracts in progress3 | €66,037 | €84,412 | €75,971 | €68,374 | €62,537 | ▼ 8.5% |
| Stocks30/36 | €66,037 | €84,412 | €75,971 | €68,374 | €62,537 | ▼ 8.5% |
| Amounts receivable within one year40/41 | €175,381 | €207,897 | €119,137 | €90,600 | €59,549 | ▼ 34.3% |
| Trade receivables40 | €64,125 | €194,339 | €113,457 | €83,052 | €58,654 | ▼ 29.4% |
| Other amounts receivable41 | €111,256 | €13,558 | €5,680 | €7,548 | €894 | ▼ 88.2% |
| Cash at bank and in hand54/58 | €29,532 | €20,549 | €11,878 | €14,777 | €15,575 | ▲ 5.4% |
| Deferred charges and accrued income490/1 | €2,376 | €2,117 | €6,852 | €1,715 | €3,030 | ▲ 76.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €382,807 | €407,858 | €294,862 | €240,632 | €191,326 | ▼ 20.5% |
| Equity10/15 | €316,780 | €325,643 | €263,097 | €198,232 | €183,804 | ▼ 7.3% |
| Contributions10/11 | €217,500 | €217,500 | €217,500 | €217,500 | €217,500 | = |
| Reserves13 | €29,703 | €29,703 | €29,703 | €29,703 | €29,703 | = |
| Non-distributable reserves130/1 | €14,700 | €14,700 | - | - | - | - |
| Reserves not available under the articles1311 | €14,700 | €14,700 | - | - | - | - |
| Distributable reserves133 | €15,003 | €15,003 | €29,703 | €29,703 | €29,703 | = |
| Profit (loss) carried forward14 | €69,577 | €78,440 | €15,894 | -€48,971 | -€63,399 | ▼ 29.5% |
| Amounts payable17/49 | €66,027 | €82,215 | €31,765 | €42,400 | €7,523 | ▼ 82.3% |
| Amounts payable after more than one year17 | €16,593 | €7,690 | - | - | - | - |
| Financial debts170/4 | €16,593 | €7,690 | - | - | - | - |
| Amounts payable within one year42/48 | €49,434 | €74,499 | €31,765 | €42,400 | €7,523 | ▼ 82.3% |
| Current portion of amounts payable after more than one year42 | €9,201 | €8,903 | €7,690 | - | - | - |
| Trade debts44 | €28,072 | €35,516 | €16,306 | €36,536 | €3,574 | ▼ 90.2% |
| Suppliers440/4 | €28,072 | €35,516 | €16,306 | €36,536 | €3,574 | ▼ 90.2% |
| Taxes, remuneration and social security45 | €12,161 | €30,079 | €7,493 | €1,401 | €400 | ▼ 71.4% |
| Taxes450/3 | €10,200 | €7,066 | €4,366 | €400 | €400 | = |
| Remuneration and social security454/9 | €1,961 | €23,013 | €3,127 | €1,001 | - | - |
| Other amounts payable47/48 | - | - | €276 | €4,463 | €3,549 | ▼ 20.5% |
| Accrued charges and deferred income492/3 | - | €26 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,052 | €8,863 | -€62,546 | -€64,865 | -€14,428 | ▲ 77.8% |
| + Depreciation and write-downs630 | €18,277 | €21,375 | €17,053 | €15,859 | €14,530 | ▼ 8.4% |
| Operating cash flow (approximation) | €24,329 | €30,237 | -€45,493 | -€49,007 | €102 | ▲ 100% |
| Investment in fixed assets (approximation) | - | -€4,777 | -€5,194 | €0 | €0 | - |
| Change in cash | - | -€8,983 | -€8,671 | €2,899 | €798 | ▼ 72.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 5current ratio 18.70
Current ratio from 4.14 to 18.70; short-term debt falls from €42,400 to €7,523.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€64,865
Net result drops to -€64,865, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 68 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Highest result since 2018net €25,391 ▲54.7%
Operating result €31,359, net result €25,391, both a record.
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Rumst · 1 establishment unit since 2000
Ground area
1,109 m²
Building footprint
206 m²
Volume, LiDAR
1,599 m³
Parcel 11037D0076/00B005, Flanders · tallest building 21.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Abdon Braeckmansstraat 9, 2840 Rumst
since 20002.097.145.938
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11037D0076/00B005 | Flanders | 1,109 m² | 1 · 206 m² | 21.5 m · 3 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
2025 · 1 entry · 112 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 112 EUR | 0 EUR |
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Of 9,536 companies in sector 43222 we hold annual accounts for 5,667. 4,862 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
Founded29-11-1999
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
46349Wholesale of beverages, general range
47251Retail sale of wines and spirits
E-invoicing
Reachable via Peppol
Peppol ID
0208:0467598693
Also
9925:BE0467598693
Registered
12-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.