VAN SANDE PROJECTS
ActiveSummary
The computed 12-month bankruptcy probability of VAN SANDE PROJECTS is 2.2% (moderate). The 2025 annual accounts show equity of €261,980 and a net result of €1,200. Equity is growing by ~6% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 5 accounts on average 21 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 1,639 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% | 1.7% |
| 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 75% 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 1,639 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,124 | €6,490 | €14,618 | €18,605 | €19,286 | ▲ 3.7% |
| Other operating charges640/8 | €1,551 | €1,588 | €5,990 | €3,842 | €7,021 | ▲ 82.7% |
| Gross operating margin9900 | €37,082 | €21,535 | €14,963 | €35,872 | €38,683 | ▲ 7.8% |
| Operating profit (loss)9901 | €21,407 | €13,458 | -€5,645 | €13,425 | €12,376 | ▼ 7.8% |
| Financial income75/76B | - | - | €9 | €0 | - | - |
| Recurring financial income75 | - | - | €9 | €0 | - | - |
| Financial charges65/66B | €55 | €57 | €8,144 | €11,843 | €11,175 | ▼ 5.6% |
| Recurring financial charges65 | €55 | €57 | €8,144 | €11,843 | €11,175 | ▼ 5.6% |
| Profit (loss) for the period before taxes9903 | €21,352 | €13,401 | -€13,780 | €1,582 | €1,200 | ▼ 24.1% |
| Income taxes67/77 | €4,270 | €2,180 | €0 | - | - | - |
| Profit (loss) for the period9904 | €17,082 | €11,221 | -€13,780 | €1,582 | €1,200 | ▼ 24.1% |
| Profit (loss) for the period to be appropriated9905 | €17,082 | €11,221 | -€13,780 | €1,582 | €1,200 | ▼ 24.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €106,757 | €117,979 | €479,556 | €464,192 | €615,589 | ▲ 32.6% |
| Fixed assets21/28 | €79,214 | €82,727 | €465,109 | €446,504 | €591,867 | ▲ 32.6% |
| Tangible fixed assets22/27 | €79,214 | €82,727 | €465,109 | €446,504 | €591,867 | ▲ 32.6% |
| Land and buildings22 | €79,214 | €82,727 | €465,109 | €446,504 | €591,867 | ▲ 32.6% |
| Current assets29/58 | €27,544 | €35,252 | €14,448 | €17,688 | €23,722 | ▲ 34.1% |
| Amounts receivable within one year40/41 | €730 | €8,070 | €6,600 | €6,600 | €6,600 | = |
| Trade receivables40 | - | €6,000 | €6,600 | €6,600 | €6,600 | = |
| Other amounts receivable41 | €730 | €2,070 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €26,814 | €27,182 | €7,848 | €11,088 | €17,122 | ▲ 54.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €106,757 | €117,979 | €479,556 | €464,192 | €615,589 | ▲ 32.6% |
| Equity10/15 | €106,757 | €117,979 | €104,198 | €105,780 | €261,980 | ▲ 148% |
| Contributions10/11 | €3,723 | €3,723 | €3,723 | €3,723 | €158,723 | ▲ 4,163% |
| Reserves13 | €103,034 | €114,255 | €114,255 | €114,255 | €114,255 | = |
| Tax-exempt reserves132 | €4,400 | €4,400 | €4,400 | €4,400 | €4,400 | = |
| Distributable reserves133 | €98,634 | €109,855 | €109,855 | €109,855 | €109,855 | = |
| Profit (loss) carried forward14 | - | - | -€13,780 | -€12,199 | -€10,998 | ▲ 9.8% |
| Amounts payable17/49 | - | - | €375,358 | €358,412 | €353,609 | ▼ 1.3% |
| Amounts payable after more than one year17 | - | - | €358,067 | €341,419 | €324,106 | ▼ 5.1% |
| Financial debts170/4 | - | - | €288,067 | €271,419 | €254,106 | ▼ 6.4% |
| Other amounts payable178/9 | - | - | €70,000 | €70,000 | €70,000 | = |
| Amounts payable within one year42/48 | - | - | €17,291 | €16,993 | €29,503 | ▲ 73.6% |
| Current portion of amounts payable after more than one year42 | - | - | €15,977 | €16,648 | €17,313 | ▲ 4.0% |
| Trade debts44 | - | - | €970 | €0 | €11,845 | - |
| Suppliers440/4 | - | - | €970 | €0 | €11,845 | - |
| Other amounts payable47/48 | - | - | €345 | €345 | €345 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,082 | €11,221 | -€13,780 | €1,582 | €1,200 | ▼ 24.1% |
| + Depreciation and write-downs630 | €14,124 | €6,490 | €14,618 | €18,605 | €19,286 | ▲ 3.7% |
| Operating cash flow (approximation) | €31,205 | €17,711 | €838 | €20,187 | €20,486 | ▲ 1.5% |
| Investment in fixed assets (approximation) | - | -€10,003 | -€397,000 | €0 | -€164,649 | - |
| Change in cash | - | €367 | -€19,334 | €3,241 | €6,034 | ▲ 86.2% |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004A0331/00S000 | Flanders | 620 m² | 1 · 136 m² | 9.4 m · 1 fl. |
Linked by address, not proof of ownership
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.