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VAN PARYS - VANHULLEBUS

Active
Private limited companyfounded 1970active for 55 yearsAstridlaan 430, 8310 Brugge, BelgiumKBO/BCE: BE 0407.819.573
Summary

VAN PARYS - VANHULLEBUS has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €23,878. Equity remains stable across the filed financial years (±0.1% per year). Its solvency ranks better than 93% of 9,802 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
VAN PARYS - VANHULLEBUSActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Joinery installation
NACE 43320
8th largest company by equity in Bruges, Construction sector1 site
Size
€3.3mtotal assets 2025
Equity
€2.9m
Profit
€23,878
Turnover not published (abbreviated or micro format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts filed 61 days late2 deeds in the Belgian Official Gazette
Why 95raises riskLast filed accounts filed 61 days late; 3 of the last 3 lateSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €3.3mFounded in 1970Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 43, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 87.4% of total assets
Liquidity 63-3
short-term debt 12.6% · cash 12.1%
Profitability 70+50
return on assets 0.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,646 companies, NACE 43, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.3 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026
Credit of up to €270,000 on 30-day terms is acceptable
Liquidity ample (current ratio 7.81, compared with 30.76 in 2024, above the usual 1.5; short-term debt: 12.6% and cash: 12.1% of total assets), and 12.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 95% on solvency, 79% on liquidity, 40% on profitability and 35% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 61 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €3.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1970
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
58 days late
2023
61 days late
2022
61 days late
2021
65 days late
2020
86 days late
2019
69 days 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 66 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €23,878
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Back in profit in 2025after -€31,777 in 2024 €23,878 View
  • Positive: Among the best 5% on equitysector median €252,955 · 9,804 companies €2.9m View
  • Caution: Latest accounts filed lateafter the legal deadline 61 days View
  • Active since 1970founded 18-12-1970 55 years View

By topic

Financials

Financial year
2025
Total assets
€3.3m
Profit
€23,878
Solvency
87.4%
Total assets▲ 11.7%
Net result
20182025
Go to Financials

Timeline

Events
54
Since
1978
Next accounts
by 31-07-2027
  1. 30-09-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 31-12-2023Liquidity more than doubled
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
18-12-1970
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about VAN PARYS - VANHULLEBUS

What is the company number of VAN PARYS - VANHULLEBUS?
0407.819.573. In Belgium the VAT number is the company number with BE in front: BE 0407.819.573.
Where is VAN PARYS - VANHULLEBUS based?
The registered office is at Astridlaan 430, 8310 Brugge.Company details
What does VAN PARYS - VANHULLEBUS do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of VAN PARYS - VANHULLEBUS?
Private limited company (BV).
When was VAN PARYS - VANHULLEBUS founded?
On 18-12-1970.
Is VAN PARYS - VANHULLEBUS still active?
Yes, VAN PARYS - VANHULLEBUS is an active enterprise in the KBO register.
How many employees does VAN PARYS - VANHULLEBUS have?
On average 0.8 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of VAN PARYS - VANHULLEBUS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is VAN PARYS - VANHULLEBUS profitable?
In financial year 2025, VAN PARYS - VANHULLEBUS made a profit of €23,878.
Where can I find the annual accounts of VAN PARYS - VANHULLEBUS?
VAN PARYS - VANHULLEBUS filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VAN PARYS - VANHULLEBUS due?
By 31-07-2027, for financial year 2026.Timeline

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