VAN WASSENHOVE
ActiveSummary
VAN WASSENHOVE has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €369k and a net result of €22k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
short-term debt: 0.3% and cash: 91.6% of total assets, and 1.4% 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 risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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 dateAge against the risk zone
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
98.6%
Return on assets
5.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
27 d late
2023
56 d late
2022
31 d late
2021
61 d late
2020
58 d late
2019
84 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€369k▲ 3.4%
2024 · €356k
2018: €246k
2019: €260k
2020: €280k
2021: €294k
2022: €320k
2023: €344k
2024: €356k
2018 → 2025
Total assets
€374k▼ 5.6%
2024 · €396k
2018: €338k
2019: €427k
2020: €363k
2021: €348k
2022: €370k
2023: €373k
2024: €396k
2018 → 2025
Net result
€22k▼ 47.4%
2024 · €42k
2018: €-115
2019: €33k
2020: €78k
2021: €59k
2022: €71k
2023: €54k
2024: €42k
2018 → 2025
Working capital
€354k▲ 7.7%
2024 · €328k
2018: €167k
2019: €189k
2020: €214k
2021: €238k
2022: €261k
2023: €301k
2024: €328k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€294k-€320k▲ 8.9%€344k▲ 7.7%€356k▲ 3.5%€369k▲ 3.4%
Operating result€63k-€71k▲ 12.3%€60k▼ 15.8%€52k▼ 12.8%€20k▼ 62.7%
Net result€59k-€71k▲ 21.3%€54k▼ 23.5%€42k▼ 22.6%€22k▼ 47.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 63% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €374k
Fixed assets
€19k ▼ 40.3%
Current assets
€355k ▼ 2.5%
Equity and liabilities €374k
Equity
€369k ▲ 3.4%
Debt
€5k ▼ 86.6%
Debt's share of the balance-sheet total falls from 10.0% to 1.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32k▼
2024 · €68k
Cash flow
€35k▼
2024 · €58k
Debt to equity
0.01▼
2024 · 0.11
ROE
6.0%▼
2024 · 11.8%
ROA
5.9%▼
2024 · 10.7%
Interest coverage
613.11▼
2024 · 685.01
Debt ≤ 1 year
€1k▼
2024 · €35k
Income taxes
€6k▼
2024 · €11k
A ratio outside any meaningful range has been withheld (balance sheet total €374k, equity €369k).
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€396k€374k▼
Fixed assets21/28€32k€19k▼
Tangible fixed assets22/27€32k€19k▼
Land and buildings22€27k€19k▼
Furniture and vehicles24€5k€659▼
Current assets29/58€364k€355k▼
Stocks and contracts in progress3€413€413=
Stocks30/36€413€413=
Amounts receivable within one year40/41€13k€8k▼
Trade receivables40€11k€7k▼
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€347k€342k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€396k€374k▼
Equity10/15€356k€369k▲
Contributions10/11€68k€68k=
Capital10€68k€68k=
Issued capital100€68k€68k=
Reserves13€58k€70k▲
Tax-exempt reserves132€8k€8k=
Distributable reserves133€50k€62k▲
Profit (loss) carried forward14€230k€230k=
Amounts payable17/49€39k€5k▼
Amounts payable within one year42/48€35k€1k▼
Trade debts44€5k€1k▼
Suppliers440/4€5k€1k▼
Other amounts payable47/48€30k-
Accrued charges and deferred income492/3€4k€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€13k▼
Other operating charges640/8€9k€9k▼
Gross operating margin9900€77k€41k▼
Operating profit (loss)9901€52k€20k▼
Financial income75/76B€718€8k▲
Recurring financial income75€718€2k▲
Non-recurring financial income76B-€6k
Financial charges65/66B€99€53▼
Recurring financial charges65€99€53▼
Profit (loss) for the period before taxes9903€53k€28k▼
Income taxes67/77€11k€6k▼
Profit (loss) for the period9904€42k€22k▼
Profit (loss) for the period to be appropriated9905€42k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€272k€252k▼
Profit (loss) brought forward from the previous period14P€230k€230k=
Transfer to equity691/2€12k€12k▼
To other reserves6921€12k€12k▼
Profit to be distributed694/7€30k€10k▼
Directors or managers695€30k€10k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Liquidity times 28current ratio 289.57
Current ratio from 10.26 to 289.57; short-term debt falls from €35k to €1k.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 56 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 58 days late
2020
31-12
Financial
Highest result since 2018net €78k ▲137%
Operating result €78k, net result €78k, both a record.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 84 days late
2019
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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 1996
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.
Verbindingsweg 189990 MaldegemGround area
1,106 m²
Building footprint
133 m²
Volume, LiDAR
608 m³
Parcel 43502D1115/00M000, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Verbindingsweg 18, 9990 Maldegem
since 19962.078.606.961
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43502D1115/00M000 | Flanders | 1,106 m² | 1 · 133 m² | 6.1 m · 2 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.
Similar companies · same sector, comparable size
STEVEN VAN DEN BOSSCHE
BE 0479.326.290
Sint-Martens-Latem · Eq €369,040
Gagelmans Interieur
BE 0454.488.352
Wuustwezel · Eq €369,073
Holzbau & Bedachungen Mertes
BE 0447.885.820
Amel · Eq €368,137
JVK VERHAEGHE
BE 0894.919.426
Kortemark · Eq €369,256
B. CONCEPT
BE 0523.888.090
Elsene · Eq €367,991
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 6,536 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 formPublic limited company
Founded29-02-1996
Fiscal year end31-12
Trade name NL
Antiro
Activities, NACEBEL 2025
43320Joinery installation
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.