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VAN HYFTE

Active
Private limited companyfounded 199135 yrs activeKallestraat 67, 9991 Maldegem, BelgiumKBO/BCE: BE 0444.478.150

VAN HYFTE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €614k and a net result of €-29k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 1887 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
63 / 100
Healthy▼ -31 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-54
Solvency77▼-1
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.77 in 2024), but 59.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
elevated failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies more bankruptcies →
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 · 10 filings
Deviation from the deadline
2025
14 d early
2024
29 d late
2023
61 d late
2022
61 d late
2021
79 d late
2020
90 d late
2019
91 d late
← 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 months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
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 2025, micro schema

Equity
€614k▼ 5.7%
2024 · €651k
2018: €365k 2019: €384k 2020: €380k 2021: €389k 2022: €406k 2023: €412k 2024: €651k
2018 → 2025
Total assets
€1.53M▼ 9.0%
2024 · €1.68M
2018: €726k 2019: €717k 2020: €705k 2021: €718k 2022: €766k 2023: €906k 2024: €1.68M
2018 → 2025
Net result
€-29k
2024 · €70k
2018: €13k 2019: €19k 2020: €-4k 2021: €9k 2022: €17k 2023: €6k 2024: €70k
2018 → 2025
Working capital
€131k▼ 39.9%
2024 · €218k
2018: €-44k 2019: €-18k 2020: €-13k 2021: €-16k 2022: €8k 2023: €25k 2024: €218k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€389k-€406k▲ 4.3%€412k▲ 1.6%€651k▲ 57.8%€614k▼ 5.7%
Operating result€12k-€22k▲ 81.5%€25k▲ 12.9%€93k▲ 279%€-410
Net result€9k-€17k▲ 79.5%€6k▼ 61.8%€70k▲ 1,001%€-29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €12k€12kNet result 2021: €9k€9kOperating result 2022: €22k€22kNet result 2022: €17k€17kOperating result 2023: €25k€25kNet result 2023: €6k€6kOperating result 2024: €93k€93kNet result 2024: €70k€70kOperating result 2025: €-410€-410Net result 2025: €-29k€-29k20212022202320242025
The operating result turns negative in 2025: a loss of €410 after €93k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.53M
Fixed assets €1.18M▲ 0.4%
Current assets €346k▼ 31.2%
Equity and liabilities €1.53M
Equity €614k▼ 5.7%
Provisions €116k▼ 5.3%
Debt €799k▼ 11.9%
The debt ratio falls from 54.0% to 52.3%: debt falls faster than equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€91k
2024 · €137k
Cash flow
€63k
2024 · €114k
Solvency
40.1%
2024 · 38.7%
Current ratio
1.61
2024 · 1.77
Quick ratio
1.24
2024 · 1.38
Debt / equity
1.30
2024 · 1.39
ROE
-4.7%
2024 · 10.8%
ROA
-1.9%
2024 · 4.2%
Interest coverage
3.03
2024 · 5.07
Debt
€799k
2024 · €907k
Debt ≤ 1 year
€215k
2024 · €285k
Debt > 1 year
€579k
2024 · €622k
Income taxes
€5k
2024 · €54k
Staff costs
€134k
2024 · €126k
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€1.68M€1.53M
Fixed assets21/28€1.18M€1.18M
Tangible fixed assets22/27€1.18M€1.18M
Land and buildings22€950k€946k
Plant, machinery and equipment23€14k€8k
Furniture and vehicles24€27k€69k
Leasing and similar rights25€186k€159k
Financial fixed assets28€50€50=
Current assets29/58€503k€346k
Stocks and contracts in progress3€110k€80k
Stocks30/36€53k€56k
Contracts in progress37€57k€24k
Amounts receivable within one year40/41€189k€176k
Trade receivables40€159k€133k
Other amounts receivable41€29k€43k
Cash at bank and in hand54/58€204k€88k
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€1.68M€1.53M
Equity10/15€651k€614k
Contributions10/11€75k€75k=
Reserves13€576k€552k
Tax-exempt reserves132€302k€286k
Distributable reserves133€274k€265k
Profit (loss) carried forward14-€-13k
Provisions and deferred taxes16€123k€116k
Deferred taxes168€123k€116k
Amounts payable17/49€907k€799k
Amounts payable after more than one year17€622k€579k
Financial debts170/4€622k€579k
Amounts payable within one year42/48€285k€215k
Current portion of amounts payable after more than one year42€41k€43k
Trade debts44€118k€79k
Suppliers440/4€118k€79k
Taxes, remuneration and social security45€84k€85k
Taxes450/3€60k€62k
Remuneration and social security454/9€24k€23k
Other amounts payable47/48€42k€8k
Accrued charges and deferred income492/3-€4k
Income statement Code20242025
Non-recurring operating income76A-€100
Remuneration, social security and pensions62€126k€134k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€92k
Other operating charges640/8€6k€5k
Gross operating margin9900€268k€230k
Operating profit (loss)9901€93k€-410
Financial income75/76B€567€561
Recurring financial income75€567€561
Financial charges65/66B€27k€30k
Recurring financial charges65€27k€30k
Profit (loss) for the period before taxes9903€67k€-30k
Transfer from deferred taxes780€57k€6k
Income taxes67/77€54k€5k
Profit (loss) for the period9904€70k€-29k
Transfer from tax-exempt reserves789€113k€16k
Profit (loss) for the period to be appropriated9905€184k€-13k
Appropriation of the result
Profit (loss) to be appropriated9906€184k€-13k
Transfer from equity791/2€18k€8k
Transfer to equity691/2€184k-
To other reserves6921€184k-
Profit to be distributed694/7€18k€8k
Return on contributions (dividend)694€18k€8k

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-29k ▼141%
Net result drops to €-29k, the lowest in the series.
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Highest result since 2018net €70k ▲1001%
Operating result €93k, net result €70k, both a record.
31-12
Financial Equity above €500kEq €651k ▲57.8%
4 profitable years in a row build equity to €651k.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
30-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
18-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
2021
31-12
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
29-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Maldegem · 1 establishment unit since 1991
establishment The establishment unit on the map
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.

Kallestraat 679991 Maldegem
Ground area
7,854 m²
Building footprint
651 m²
Volume, LiDAR
760 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Van Hyfte Ramen en Deuren
Vlaskote 27, 9991 MaldegemManufacture of fabricated metal products, except machinery and equipment
since 19912.053.344.104
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43001H0927/00E000 Flanders 6,717 m² 1 · 133 m² 8.3 m · 2 fl.
43001H1186/00E000 Flanders 1,136 m² 1 · 518 m² -
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

2023 to 2025 · 2 entries · 102 EUR awarded · 348 EUR paid
Year Entries awardedpaid
2025 1 102 EUR102 EUR
2023 1 0 EUR246 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 102 EUR · 348 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 904 companies in sector 25120 we hold annual accounts for 673. 524 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-06-1991
Fiscal year end31-12
Activities, NACEBEL
25120Manufacture of fabricated metal products, except machinery and equipment
28120
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Enterprise
E-mail:info@vanhyfteramen.be
Enterprise