VAN HOUCKE
ActiveSummary
VAN HOUCKE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.31M and a net result of €-188k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 43% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability62▼-10
Solvency65=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 2.18 in 2024; short-term debt: 6% and cash: 0.9% of total assets), but 60.3% of the assets are financed with debt.
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Signals
Five 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
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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
39.7%
Return on assets
-5.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 16-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
12 d early
2023
35 d early
2022
47 d early
2021
1 d early
2020
30 d early
2019
50 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-12-2026 close30-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-188k
2024 · €84k
Working capital
€136k▼ 62.5%
2024 · €363k
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
Line20212022202320242025
Operating result€-11k€171k€163k▼ 4.7%€180k▲ 10.4%€-159k
Net result€-30k€83k€94k▲ 14.2%€84k▼ 11.0%€-188k
Equity€1.24M▼ 2.5%€1.32M▲ 6.5%€1.42M▲ 7.1%€1.50M▲ 5.8%€1.31M▼ 12.5%
Total assets€2.77M▲ 62.4%€2.70M▼ 2.6%€2.79M▲ 3.5%€3.73M▲ 33.4%€3.31M▼ 11.3%
Debt€1.53M▲ 402%€1.36M▼ 11.1%€1.36M=€2.21M▲ 62.7%€1.98M▼ 10.5%
Working capital€135k▼ 84.2%€254k▲ 87.8%€227k▼ 10.5%€363k▲ 59.9%€136k▼ 62.5%
Staff (FTE)4=7▲ 75.0%7=7=6.1▼ 12.9%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €159k after €180k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.31M
Fixed assets
€2.97M ▼ 2.7%
Current assets
€335k ▼ 50.2%
Equity and liabilities €3.31M
Equity
€1.31M ▼ 12.5%
Provisions
€13k ▼ 5.9%
Debt
€1.98M ▼ 10.5%
Debt's share of the balance-sheet total rises from 59.3% to 59.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€184k▼
2024 · €513k
Cash flow
€155k▼
2024 · €417k
Current ratio
1.69▼
2024 · 2.18
Quick ratio
1.68▼
2024 · 1.95
Debt to equity
1.51▲
2024 · 1.47
ROE
-14.3%▼
2024 · 5.6%
ROA
-5.7%▼
2024 · 2.3%
Interest coverage
6.11▼
2024 · 7.41
Debt ≤ 1 year
€199k▼
2024 · €309k
Debt > 1 year
€1.78M▼
2024 · €1.90M
Income taxes
€16▼
2024 · €28k
Staff costs
€306k▼
2024 · €328k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €162k | €208k | €321k | €328k | €306k | ▼ 6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €350k | €288k | €282k | €333k | €343k | ▲ 3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €6k | €7k | €-7k | ▼ 200% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €-128k | - | - | - | - | - |
| Other operating charges640/8 | €30k | €32k | €36k | €43k | €45k | ▲ 3.6% |
| Gross operating margin9900 | €403k | €700k | €808k | €891k | €528k | ▼ 40.7% |
| Operating profit (loss)9901 | €-11k | €171k | €163k | €180k | €-159k | ▼ 189% |
| Financial income75/76B | €14k | €456 | €93 | €992 | €731 | ▼ 26.3% |
| Recurring financial income75 | €14k | €456 | €93 | €992 | €731 | ▼ 26.3% |
| Financial charges65/66B | €2k | €43k | €58k | €69k | €30k | ▼ 56.5% |
| Recurring financial charges65 | €2k | €43k | €58k | €69k | €30k | ▼ 56.5% |
| Profit (loss) for the period before taxes9903 | €851 | €129k | €105k | €112k | €-189k | ▼ 269% |
| Transfer from deferred taxes780 | - | €883 | €815 | €815 | €815 | = |
| Transfer to deferred taxes680 | - | €16k | - | - | - | - |
| Income taxes67/77 | €31k | €31k | €11k | €28k | €16 | ▼ 99.9% |
| Profit (loss) for the period9904 | €-30k | €83k | €94k | €84k | €-188k | ▼ 324% |
| Transfer from tax-exempt reserves789 | €155k | €95k | €3k | €3k | €179k | ▲ 5,399% |
| Transfer to tax-exempt reserves689 | - | €65k | €57k | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €125k | €112k | €41k | €87k | €-9k | ▼ 110% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.77M | €2.70M | €2.79M | €3.73M | €3.31M | ▼ 11.3% |
| Fixed assets21/28 | €2.18M | €2.23M | €2.31M | €3.05M | €2.97M | ▼ 2.7% |
| Tangible fixed assets22/27 | €2.18M | €2.23M | €2.31M | €3.05M | €2.97M | ▼ 2.7% |
| Land and buildings22 | €1.82M | €1.71M | €1.61M | €2.30M | €2.25M | ▼ 2.1% |
| Plant, machinery and equipment23 | €88k | €99k | €119k | €123k | €80k | ▼ 35.4% |
| Furniture and vehicles24 | €273k | €413k | €583k | €635k | €645k | ▲ 1.5% |
| Financial fixed assets28 | €675 | €675 | €675 | €675 | €675 | = |
| Current assets29/58 | €592k | €473k | €483k | €673k | €335k | ▼ 50.2% |
| Stocks and contracts in progress3 | €1k | €1k | €1k | €70k | €1k | ▼ 98.4% |
| Stocks30/36 | €1k | €1k | €1k | €70k | €1k | ▼ 98.4% |
| Amounts receivable within one year40/41 | €303k | €280k | €277k | €300k | €190k | ▼ 36.8% |
| Trade receivables40 | €299k | €265k | €237k | €280k | €141k | ▼ 49.7% |
| Other amounts receivable41 | €4k | €15k | €40k | €20k | €49k | ▲ 140% |
| Current investments50/53 | €200k | €170k | €113k | €200k | €100k | ▼ 50.0% |
| Cash at bank and in hand54/58 | €85k | €18k | €83k | €91k | €31k | ▼ 65.9% |
| Deferred charges and accrued income490/1 | €3k | €3k | €9k | €12k | €13k | ▲ 8.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.77M | €2.70M | €2.79M | €3.73M | €3.31M | ▼ 11.3% |
| Equity10/15 | €1.24M | €1.32M | €1.42M | €1.50M | €1.31M | ▼ 12.5% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €1.18M | €1.26M | €1.36M | €1.44M | €1.25M | ▼ 13.0% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | €211k | €181k | €234k | €231k | €52k | ▼ 77.6% |
| Distributable reserves133 | €965k | €1.08M | €1.12M | €1.20M | €1.19M | ▼ 0.7% |
| Profit (loss) carried forward14 | €272 | €278 | €279 | €182 | €119 | ▼ 34.5% |
| Provisions and deferred taxes16 | - | €15k | €15k | €14k | €13k | ▼ 5.9% |
| Deferred taxes168 | - | €15k | €15k | €14k | €13k | ▼ 5.9% |
| Amounts payable17/49 | €1.53M | €1.36M | €1.36M | €2.21M | €1.98M | ▼ 10.5% |
| Amounts payable after more than one year17 | €1.07M | €1.13M | €1.10M | €1.90M | €1.78M | ▼ 6.4% |
| Financial debts170/4 | €71k | €31k | - | €803k | €681k | ▼ 15.1% |
| Other amounts payable178/9 | €1.00M | €1.10M | €1.10M | €1.10M | €1.10M | = |
| Amounts payable within one year42/48 | €457k | €219k | €256k | €309k | €199k | ▼ 35.8% |
| Current portion of amounts payable after more than one year42 | €40k | €41k | €31k | €120k | €121k | ▲ 0.9% |
| Trade debts44 | €292k | €134k | €159k | €90k | €46k | ▼ 48.8% |
| Suppliers440/4 | €292k | €134k | €159k | €90k | €46k | ▼ 48.8% |
| Advances received on contracts in progress46 | - | - | - | - | €2k | - |
| Taxes, remuneration and social security45 | €16k | €38k | €52k | €67k | €21k | ▼ 67.9% |
| Taxes450/3 | €5k | €23k | €29k | €44k | - | - |
| Remuneration and social security454/9 | €11k | €15k | €23k | €23k | €21k | ▼ 7.7% |
| Other amounts payable47/48 | €108k | €7k | €14k | €32k | €7k | ▼ 77.3% |
| Accrued charges and deferred income492/3 | €827 | €10k | €3k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-30k | €83k | €94k | €84k | €-188k | ▼ 324% |
| + Depreciation and write-downs630 | €350k | €288k | €282k | €333k | €343k | ▲ 3.0% |
| Operating cash flow (approximation) | €320k | €371k | €377k | €417k | €155k | ▼ 62.8% |
| Investment in fixed assets (approximation) | - | €-335k | €-365k | €-1.08M | €-260k | ▲ 75.9% |
| Change in cash | - | €-67k | €65k | €8k | €-60k | ▼ 849% |
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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-12
Financial
Weakest financial yearnet €-188k
Net result drops to €-188k, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-12
Financial
Back to profitnet €83k
Net result €83k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-12
Financial
Highest result since 2018net €119k ▲246%
Net result €119k, the highest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
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 3 acts read
About the unread acts
We know of 3 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
3 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, Anzegem · 1 establishment unit since 1991
Ground area
2,055 m²
Building footprint
321 m²
Volume, LiDAR
1,688 m³
Parcel 34002B0122/00B002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VAN HOUCKE
since 19912.054.370.819
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002B0122/00B002 | Flanders | 2,055 m² | 1 · 321 m² | 8.8 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 to 2024 · 3 entries · 1,539 EUR awarded · 1,539 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 570 EUR | 570 EUR |
| 2023 | 1 | 365 EUR | 365 EUR |
| 2022 | 1 | 604 EUR | 604 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 689 companies in sector 46216 we hold annual accounts for 476. 391 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded02-07-1991
Fiscal year end30-12
Activities, NACEBEL 2025
38330Waste collection, recovery and disposal activities
46216Wholesale of agricultural produce and animal feed, general range
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.