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VAN IMPE CONSTRUCTIES

Active
Private limited companyfounded 200026 yrs activeBallingsweg 20, 9620 Zottegem, BelgiumKBO/BCE: BE 0468.957.881
Summary

VAN IMPE CONSTRUCTIES has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €194k and a net result of €142k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 23% of 1221 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
68 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+13
Solvency51▲+2
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.41 in 2023; short-term debt: 53.5% and cash: 16.9% of total assets), and 74% 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
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 →
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 26 years 0 30 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 1221 sector peers (2024).
NBB · sector comparison
Position among 1221 sector peers
Solvency
better than 23%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €194k
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 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
38 d early
2023
20 d late
2022
29 d late
2021
10 d late
2020
37 d early
2019
31 d late
← 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
€194k▲ 28.0%
2023 · €151k
2018: €159k 2019: €239k 2020: €297k 2021: €106k 2022: €151k 2023: €151k
2018 → 2024
Total assets
€747k▲ 17.1%
2023 · €637k
2018: €622k 2019: €534k 2020: €490k 2021: €487k 2022: €481k 2023: €637k
2018 → 2024
Net result
€142k▲ 154%
2023 · €56k
2018: €54k 2019: €81k 2020: €57k 2021: €86k 2022: €54k 2023: €56k
2018 → 2024
Working capital
€143k▲ 2.7%
2023 · €140k
2018: €135k 2019: €209k 2020: €269k 2021: €67k 2022: €128k 2023: €140k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€297k-€106k▼ 64.1%€151k▲ 42.3%€151k=€194k▲ 28.0%
Operating result€82k-€113k▲ 38.0%€83k▼ 26.4%€92k▲ 10.8%€181k▲ 95.4%
Net result€57k-€86k▲ 50.2%€54k▼ 37.4%€56k▲ 4.5%€142k▲ 154%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2020: €82k€82kNet result 2020: €57k€57kOperating result 2021: €113k€113kNet result 2021: €86k€86kOperating result 2022: €83k€83kNet result 2022: €54k€54kOperating result 2023: €92k€92kNet result 2023: €56k€56kOperating result 2024: €181k€181kNet result 2024: €142k€142k20202021202220232024€0€50k€100k€150k€200kOperating result 2022: €83k€83kNet result 2022: €54k€54kOperating result 2023: €92k€92kNet result 2023: €56k€56kOperating result 2024: €181k€181kNet result 2024: €142k€142k202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 95% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €747k
Fixed assets €204k ▲ 32.3%
Current assets €543k ▲ 12.3%
Equity and liabilities €747k
Equity €194k ▲ 28.0%
Provisions €2k ▼ 22.1%
Debt €551k ▲ 13.9%
Debt's share of the balance-sheet total falls from 75.9% to 73.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€217k
2023 · €115k
Cash flow
€179k
2023 · €79k
Current ratio
1.36
2023 · 1.41
Quick ratio
0.96
2023 · 1.00
Debt to equity
2.84
2023 · 3.19
ROE
73.5%
2023 · 37.1%
ROA
19.1%
2023 · 8.8%
Interest coverage
12.28
2023 · 11.78
Debt ≤ 1 year
€399k
2023 · €344k
Debt > 1 year
€143k
2023 · €138k
Income taxes
€21k
2023 · €27k
Staff costs
€830k
2023 · €666k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 67 lines
Balance sheet Code20232024
Assets
Total assets20/58€637k€747k
Fixed assets21/28€154k€204k
Intangible fixed assets21€26k€23k
Tangible fixed assets22/27€128k€181k
Plant, machinery and equipment23€61k€47k
Furniture and vehicles24€67k€134k
Financial fixed assets28€0€135
Current assets29/58€483k€543k
Stocks and contracts in progress3€139k€161k
Stocks30/36€114k€108k
Contracts in progress37€25k€53k
Amounts receivable within one year40/41€242k€243k
Trade receivables40€167k€212k
Other amounts receivable41€75k€32k
Cash at bank and in hand54/58€92k€127k
Deferred charges and accrued income490/1€11k€12k
Equity and liabilities
Total equity and liabilities10/49€637k€747k
Equity10/15€151k€194k
Contributions10/11€38k€38k=
Reserves13€114k€156k
Non-distributable reserves130/1€0-
Other1319€0-
Tax-exempt reserves132€7k€6k
Distributable reserves133€106k€151k
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€2k€2k
Deferred taxes168€2k€2k
Amounts payable17/49€484k€551k
Amounts payable after more than one year17€138k€143k
Financial debts170/4€138k€143k
Amounts payable within one year42/48€344k€399k
Current portion of amounts payable after more than one year42€59k€80k
Trade debts44€157k€161k
Suppliers440/4€157k€161k
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€127k€134k
Taxes450/3€31k€34k
Remuneration and social security454/9€96k€100k
Other amounts payable47/48-€25k
Accrued charges and deferred income492/3€2k€9k
Income statement Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€666k€830k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€36k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-3k
Other operating charges640/8€19k€30k
Gross operating margin9900€799k€1.07M
Operating profit (loss)9901€92k€181k
Financial income75/76B€36€222
Recurring financial income75€36€222
Financial charges65/66B€10k€18k
Recurring financial charges65€10k€18k
Profit (loss) for the period before taxes9903€83k€163k
Transfer from deferred taxes780€266€550
Transfer to deferred taxes680€0-
Income taxes67/77€27k€21k
Profit (loss) for the period9904€56k€142k
Transfer from tax-exempt reserves789€797€2k
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€57k€144k
Appropriation of the result
Profit (loss) to be appropriated9906€57k€144k
Transfer from equity791/2€56k€0
Transfer to equity691/2€57k€44k
To other reserves6921€57k€44k
Profit to be distributed694/7€56k€100k
Return on contributions (dividend)694€56k€0
Directors or managers695-€100k
Social balance
Average headcount (FTE)908711.712.5

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2018net €142k ▲154%
Operating result €181k, net result €142k, both a record.
20-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-12
Financial Weakest financial yearnet €54k ▼37.4%
Net result drops to €54k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €150kEq €151k ▲42.3%
5 profitable years in a row build equity to €151k.
10-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
24-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial Equity above €200kEq €239k ▲51.1%
2 profitable years in a row build equity to €239k.
26-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
23-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
2016
20-07
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.

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, Zottegem · 1 establishment unit since 2000
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.

Ballingsweg 209620 Zottegem
Ground area
2,628 m²
Building footprint
41 m²
Volume, LiDAR
117 m³
Parcel 41023A0744/00R000, Flanders · tallest building 4.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
V.I.C. VAN IMPE
Ballingsweg 20, 9620 ZottegemManufacture of machinery and equipment not elsewhere classified
since 20002.131.672.592
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41023A0744/00R000 Flanders 2,628 m² 1 · 41 m² 4.2 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 2025 · 5 entries · 4,049 EUR awarded · 4,105 EUR paid
Year Entries awardedpaid
2025 1 431 EUR431 EUR
2024 1 53 EUR53 EUR
2023 2 1,562 EUR1,618 EUR
2022 1 2,003 EUR2,003 EUR
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
2 entries · 2,073 EUR · 2,073 EUR paid · Departement Werk en Sociale Economie
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 1,976 EUR · 2,032 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

1 category
VAN IMPE CONSTRUCTIES BV43919
category D20, class 4
decision 04-09-2025

Similar companies · same sector, comparable size

Of 908 companies in sector 25120 we hold annual accounts for 677. 537 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded04-04-2000
Fiscal year end31-12
Trade name NL VIC - VAN IMPE - ...
Activities, NACEBEL 2025
25120Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

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