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Vanbael Projects

Active Private limited companyfounded 2020active for 6 yearsSchotermolen 26, 3980 Tessenderlo-HamKBO/BCE: BE 0740.718.823

Lifetime

6 annual accounts with figures on one time axis
peak €82,141 (2025)
€82,141▲ 57.3%
peak €41,463 (2020)
€39,736▲ 215%
peak €116,885 (2025)
€116,885▲ 27.2%
€102,412▲ 132%
Board1 name since 2020
1 director
Documentsfilings and deeds
25-06-202636 days before the deadline
2025micro format
Gross margin from €52,217 to €82,141Result from €12,609 to €39,736Dividend €14,706Equity from €91,855 to €116,885Debts from €44,177 to €102,412Investments €75,237

Key points

from the 2025 annual accounts

Equity

€116,885 ▲ 27.2%
91,8552024+39,736Profit-14,706Dividend116,8852025

Vanbael Projects paid out €14,706 in dividends. That is 37% of the 2025 profit.

Turnover

≈ €340,000 estimated

The micro format states no turnover.

Debts

€102,412 ▲ 132%
Financial debts
+22,079
Suppliers
+17,700
Taxes and wages
+3,350
The rest
+15,106

Debts rose by €58,235 in 2025.

Investments

€75,237 2.8 × depreciation
202220232025

Green is investment, beige is depreciation.

Filings

6 annual accounts 3 late
AprilJune31 JulyOctober202020222024

The 2021 accounts came latest: 17 days after the end of the period.

Position in the sector

€39,736

Higher net result than 81% of companies in specialised construction. Sector median €9,999 · 37,159 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,969 companies had the same profile as Vanbael Projects has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,969 companies, not a prediction for Vanbael Projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 100 sharesdeed of 07-01-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0740718823
Incorporation Founding capital of €2,500, 100 shares · Founder: · Appointment: (director) · published on 07-01-2020 · Gazette deed
First establishment Schotermolen 26, Tessenderlo-Ham
All 10 events

Comparable companies

same main activity, similar in size and age
Company
Vanbael Projects Tessenderlo-Ham €219,297 €82,141 53.3% -
DESIGNED Beringen €207,480 €79,904 25.9% 0.4
M DECKERS Sint-Truiden €208,644 €81,384 46.7% -
Danny Nouwen Pelt €263,003 €93,740 84.0% -
VK interior construction Pelt €233,353 €68,416 52.1% -
Rick’s Design & Repair Pelt €241,912 €69,657 25.6% -
AR-Concept Aalst €218,701 €88,889 83.0% -

These companies have the same main activity as Vanbael Projects: joinery installation (NACE 43320). They are comparable in size and age: total assets between €207,000 and €263,000, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 03-01-2020Normal situation
Activity
Joinery installationNACE 43320and 3 others
Establishment unit
2.297.368.8833980 Tessenderlo-Ham, since 03-01-2020
Financial year end
31 December
Peppol
Reachable since 27-03-2025
Company details

Annual accounts 2025

€219,297▲ 61.2%
Filing
Filed on 25-06-2026, 36 days before the end of the filing period
Financials

Insights on Vanbael Projects

Vanbael Projects files the micro format. That format states no turnover. The gross margin rose from €58,468 in 2020 to €82,141 in 2025.

The balance sheet grew most in 2025 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Vanbael Projects

What is the company number of Vanbael Projects?
The company number of Vanbael Projects is 0740.718.823. The VAT number is the same number with BE in front: BE 0740.718.823.
Where is Vanbael Projects based?
The registered office is at Schotermolen 26, 3980 Tessenderlo-Ham.Company details
What does Vanbael Projects do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of Vanbael Projects?
Vanbael Projects is a private limited company (BV).
When was Vanbael Projects founded?
Vanbael Projects was founded on 03-01-2020.
Is Vanbael Projects still active?
Yes, Vanbael Projects is an active enterprise in the KBO register.
What is the turnover of Vanbael Projects?
The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €82,141 and 39 comparable companies (NACE 43320). It probably lies between €240,000 and €510,000.Financials
Is Vanbael Projects profitable?
In financial year 2025, Vanbael Projects made a profit of €39,736.
Where can I find the annual accounts of Vanbael Projects?
Vanbael Projects filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Vanbael Projects due?
Vanbael Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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