Turnover
The abbreviated format states no turnover.
The abbreviated format states no turnover.
Green is investment, beige is depreciation.
Between 2012 and 2025, 86% of the full-time equivalents disappeared.
Short-term debts fell from €620,723 to €290,871.
Seven of the last ten came late. The 2023 accounts came latest: 61 days after the end of the period.
Board changed. Latest change 10-04-2026 · 1 in office.
The dashed line is the sector median: 1.5% across 13,457 companies (NACE 41, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 41, micro). It does better than 62% of them on solvency, 71% on liquidity, 70% on profitability and 74% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 31,368 companies had the same profile as VANDAELE CONSTRUCT has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VANDAELE CONSTRUCT itself: 0.2% within 12 months.
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 31,368 companies, not a prediction for VANDAELE CONSTRUCT. 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.
Liquidity is ample, with a current ratio of 2.19 (1.38 in 2024), above the usual 1.5. Short-term debt is 45.4% and cash 30.4% of total assets. 46.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| VANDAELE CONSTRUCT Ypres | €640,508 | €353,990 | 53.8% | 3.1 |
| BOUWBEDRIJF LOUWYCK-DE BRABANDER Damme | €574,171 | €348,779 | 63.1% | 2.8 |
| BOUW- EN BETONWERKEN GUY VAN WASSENHOVE Tielt | €739,941 | €363,209 | 82.7% | 3.5 |
| BOUWWERKEN LENAERTS Rijkevorsel | €695,698 | €343,503 | 79.0% | 2.9 |
| Brams Bouwcultuur Diepenbeek | €679,580 | €387,687 | 83.7% | 3.5 |
| VERHOEVEN & CO Heist-op-den-Berg | €531,794 | €292,379 | 69.8% | 3.3 |
| TC BOUW Maldegem | €699,961 | €379,177 | 40.4% | 3.7 |
These companies have the same main activity as VANDAELE CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €532,000 and €740,000, founded between 1997 and 2005.
VANDAELE CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin fell from €440,709 in 2007 to €353,990 in 2025.
The balance sheet grew most from 2010 to 2011 through fixed assets, financed with long-term debt.
DE STEENAKKER holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €750,000. Estimated: probably between €610,000 and €1.1m.
Higher than 65% of 2,808 companies in 2025.
Higher than 65% of 2,737 companies in 2025.
Higher than 78% of 2,773 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, nobody joined and 10 people left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
640,508 | 893,740 | 1.0m | 839,612 | 1.3m | 1.1m | 1.4m | 1.2m | 1.4m | 1.7m | 1.9m | 2.0m | 2.0m | 2.5m | 2.6m | 1.5m | 1.5m | 1.6m | 673,019 | |
21/28 |
2,547 | 34,502 | 65,509 | 98,760 | 98,802 | 79,333 | 58,333 | 128,899 | 199,429 | 463,255 | 669,119 | 825,308 | 1.0m | 1.3m | 2.0m | 1.1m | 1.1m | 1.2m | 481,128 | |
21 |
0 | 499 | 5,011 | 9,523 | 14,035 | 18,547 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
2,547 | 34,003 | 60,499 | 89,237 | 84,767 | 60,787 | 58,333 | 128,899 | 199,029 | 462,855 | 668,719 | 825,308 | 1.0m | 1.3m | 2.0m | 1.1m | 1.1m | 1.2m | 481,128 | |
23 |
2,547 | 19,559 | 29,182 | 28,202 | 15,276 | 15,094 | 17,092 | 38,584 | 63,883 | 143,905 | 226,705 | 318,143 | 388,309 | 491,034 | 717,171 | 457,237 | 326,093 | 262,230 | 45,121 | |
24 |
0 | 14,444 | 30,636 | 57,632 | 63,365 | 36,732 | 28,037 | 71,710 | 111,139 | 273,013 | 392,553 | 507,165 | 625,333 | 814,752 | 1.3m | 645,562 | 751,247 | 892,939 | 436,007 | |
26 |
- | 0 | 681 | 3,403 | 6,126 | 8,961 | 13,204 | 18,605 | 24,006 | 45,937 | 49,461 | - | - | - | - | - | - | - | - | |
28 |
- | - | - | - | - | - | - | - | 400 | 400 | 400 | - | - | - | - | - | - | - | - | |
29/58 |
637,961 | 859,238 | 958,260 | 740,852 | 1.2m | 1.0m | 1.4m | 1.1m | 1.2m | 1.2m | 1.3m | 1.2m | 1.0m | 1.2m | 613,237 | 408,620 | 388,542 | 423,050 | 191,891 | |
3 |
0 | 407,541 | 439,031 | 193,235 | 439,805 | 463,746 | 282,257 | 355,213 | 474,347 | 237,617 | 91,930 | 186,980 | 57,681 | 25,549 | 4,188 | 28,693 | 3,935 | 4,172 | 4,807 | |
30/36 |
0 | 215,600 | 247,090 | 193,235 | 316,929 | 224,606 | 220,248 | 230,163 | 237,235 | 34,117 | 26,788 | 84,102 | 10,982 | 12,395 | 4,188 | 8,173 | 3,935 | 4,172 | 4,807 | |
37 |
0 | 191,941 | 191,941 | 0 | 122,876 | 239,140 | 62,009 | 125,050 | 237,112 | 203,500 | 65,142 | 102,879 | 46,699 | 13,154 | - | 20,520 | - | - | - | |
40/41 |
438,462 | 344,682 | 432,944 | 464,656 | 649,211 | 479,252 | 878,376 | 682,366 | 628,797 | 918,552 | 1.1m | 970,630 | 874,896 | 848,153 | 500,788 | 275,818 | 332,196 | 382,544 | 151,469 | |
40 |
230,152 | 313,240 | 417,404 | 395,378 | 569,034 | 336,260 | 613,504 | 610,404 | 488,984 | 881,380 | 1.0m | 887,734 | 782,623 | 762,675 | 470,794 | 221,454 | 324,898 | 229,767 | 144,436 | |
41 |
208,310 | 31,442 | 15,540 | 69,278 | 80,177 | 142,992 | 264,873 | 71,962 | 139,812 | 37,172 | 53,894 | 82,896 | 92,273 | 85,478 | 29,994 | 54,364 | 7,298 | 152,777 | 7,033 | |
54/58 |
194,556 | 84,811 | 64,291 | 61,084 | 35,421 | 45,613 | 157,649 | 9,295 | 76,338 | 55,325 | 67,519 | 47,633 | 67,998 | 291,061 | 108,261 | 104,109 | 52,411 | 35,826 | 34,928 | |
490/1 |
4,943 | 22,205 | 21,994 | 21,877 | 35,169 | 32,369 | 65,715 | 21,326 | 28,400 | 36,645 | 21,864 | - | - | 2,306 | - | - | - | 508 | 687 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
640,508 | 893,740 | 1.0m | 839,612 | 1.3m | 1.1m | 1.4m | 1.2m | 1.4m | 1.7m | 1.9m | 2.0m | 2.0m | 2.5m | 2.6m | 1.5m | 1.5m | 1.6m | 673,019 | |
10/15 |
344,637 | 254,689 | 209,926 | 218,370 | 216,331 | 211,384 | 208,801 | 165,684 | 143,963 | 277,198 | 476,925 | 503,013 | 537,874 | 494,844 | 490,524 | 418,007 | 323,034 | 207,734 | 158,741 | |
10/11 |
362,000 | 362,000 | 362,000 | 362,000 | 362,000 | 362,000 | 362,000 | 362,000 | 362,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
362,000 | 362,000 | 362,000 | 362,000 | 362,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
362,000 | 362,000 | 362,000 | 362,000 | 362,000 | 362,000 | 362,000 | 362,000 | 362,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
13 |
125,396 | 125,396 | 125,396 | 125,396 | 125,396 | 125,396 | 125,396 | 125,396 | 125,396 | 215,198 | 414,925 | 441,013 | 475,325 | 432,325 | 425,325 | 351,575 | 257,825 | 144,075 | 93,429 | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 4,304 | |
132 |
119,196 | 119,196 | 119,196 | 119,196 | 119,196 | 119,196 | 119,196 | 119,196 | 119,196 | 119,196 | 119,196 | 119,125 | 119,125 | 119,125 | 119,125 | 100,375 | 81,625 | 62,875 | 44,125 | |
133 |
- | - | - | - | - | - | - | - | - | 89,803 | 289,529 | 315,689 | 350,000 | 307,000 | 300,000 | 245,000 | 170,000 | 75,000 | 45,000 | |
14 |
-142,759 | -232,706 | -277,470 | -269,025 | -271,065 | -276,012 | -278,594 | -321,711 | -343,433 | - | - | - | 550 | 520 | 3,199 | 4,432 | 3,209 | 1,659 | 3,312 | |
17/49 |
295,871 | 639,051 | 813,843 | 621,242 | 1.0m | 888,930 | 1.2m | 1.0m | 1.3m | 1.4m | 1.5m | 1.5m | 1.5m | 2.0m | 2.1m | 1.1m | 1.1m | 1.4m | 514,278 | |
17 |
0 | 8,873 | 18,882 | 28,769 | 17,828 | - | - | 21,678 | 65,034 | 225,235 | 347,010 | 534,386 | 671,206 | 874,464 | 1.5m | 800,680 | 826,292 | 935,443 | 377,878 | |
170/4 |
0 | 8,873 | 18,882 | 28,769 | 17,828 | - | - | 21,678 | 65,034 | 225,235 | 347,010 | 534,386 | 671,206 | 874,464 | 1.5m | 800,680 | 826,292 | 935,443 | 377,878 | |
42/48 |
290,871 | 620,723 | 794,962 | 592,472 | 1.0m | 887,251 | 1.2m | 1.0m | 1.2m | 1.1m | 1.0m | 993,151 | 729,331 | 1.1m | 635,762 | 292,732 | 316,555 | 435,043 | 136,400 | |
42 |
0 | 10,009 | 9,888 | 9,768 | 4,868 | - | 21,678 | 43,356 | 69,393 | 121,774 | 188,693 | 203,070 | 221,325 | 284,253 | 401,037 | 213,334 | 190,151 | 198,230 | 96,334 | |
43 |
0 | 213,500 | 325,000 | 0 | 325,000 | 238,000 | 325,835 | 310,000 | 323,000 | 325,000 | 70,000 | - | - | - | - | - | - | 139,230 | - | |
430/8 |
0 | 213,500 | 325,000 | 0 | 325,000 | 238,000 | 325,835 | 310,000 | 323,000 | 325,000 | 70,000 | - | - | - | - | - | - | 139,230 | - | |
44 |
135,425 | 229,918 | 294,809 | 295,556 | 424,518 | 457,224 | 604,006 | 360,626 | 386,459 | 536,690 | 517,923 | 739,691 | 444,991 | 538,638 | 134,919 | 6,066 | 16,384 | 47,159 | 9,400 | |
440/4 |
135,425 | 229,918 | 294,809 | 295,556 | 424,518 | 457,224 | 604,006 | 360,626 | 386,459 | 533,683 | 517,923 | 739,691 | 444,991 | 538,638 | 134,919 | 6,066 | 16,384 | 47,159 | 9,400 | |
441 |
- | - | - | - | - | - | - | - | - | 3,007 | - | - | - | - | - | - | - | - | - | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 235,249 | - | - | - | - | - | |
45 |
2,401 | 46,855 | 40,772 | 46,128 | 79,930 | 86,979 | 97,867 | 119,787 | 91,661 | 34,640 | 42,277 | 45,721 | 57,292 | 39,684 | 94,097 | 64,035 | 100,723 | 44,486 | 26,228 | |
450/3 |
2,401 | 3,545 | 2,862 | 1,985 | 8,989 | 10,476 | 10,317 | 28,010 | 9,378 | 267 | 465 | 6,488 | 23,005 | 4,091 | 11,620 | 13,587 | 52,859 | 5,088 | 3,297 | |
454/9 |
0 | 43,310 | 37,910 | 44,143 | 70,942 | 76,503 | 87,550 | 91,777 | 82,283 | 34,373 | 41,812 | 39,233 | 34,287 | 35,592 | 82,477 | 50,448 | 47,863 | 39,397 | 22,931 | |
47/48 |
153,045 | 120,441 | 124,493 | 241,020 | 188,120 | 105,047 | 184,142 | 174,414 | 326,164 | 92,553 | 188,343 | 4,669 | 5,723 | 5,723 | 5,708 | 9,297 | 9,297 | 5,938 | 4,438 | |
492/3 |
5,000 | 9,455 | - | 0 | 1,813 | 1,679 | - | 1,555 | 1,636 | 98,303 | 112,303 | - | 75,805 | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
76A |
661,497 | - | - | 0 | 1,923 | 16,190 | 1,750 | - | 90,838 | 3,185 | 6,037 | - | 8,000 | 4,125 | - | - | - | - | 1,160 | |
9900 |
353,990 | 758,404 | 722,358 | 773,344 | 820,252 | 847,065 | 994,640 | 924,789 | 1.3m | 922,578 | 1.2m | 1.3m | 1.4m | 1.4m | 1.4m | 1.0m | 1.1m | 723,425 | 440,709 | |
62 |
241,084 | 642,277 | 661,435 | 713,772 | 759,697 | 774,663 | 826,506 | 783,234 | 1.4m | 841,134 | 874,813 | 1.0m | 1.0m | 1.0m | 810,278 | 616,913 | 625,535 | 446,226 | 274,186 | |
630 |
1,254 | 31,008 | 45,018 | 43,204 | 30,315 | 37,671 | 85,860 | 85,692 | 258,142 | 242,491 | 258,737 | 261,868 | 280,776 | 285,908 | 385,638 | 240,996 | 212,798 | 185,517 | 100,228 | |
640/8 |
3,986 | 5,920 | 5,043 | 4,197 | 8,227 | 9,790 | 19,371 | 4,879 | 8,145 | 16,651 | 5,232 | 4,451 | 5,058 | 4,583 | 8,948 | 3,630 | 3,567 | 2,961 | 5,359 | |
66A |
4,631 | - | - | - | - | - | - | - | - | - | - | - | 8,203 | - | 17,095 | - | 156 | - | - | |
9901 |
103,036 | 79,199 | 10,862 | 12,171 | 22,013 | 24,941 | 62,903 | 50,984 | -380,223 | -177,699 | 16,234 | 20,198 | 126,513 | 68,963 | 169,623 | 185,062 | 234,451 | 88,721 | 60,936 | |
75/76B |
4,809 | 142 | 87 | 405 | 1,091 | 258 | 638 | 4,230 | 2,816 | 7 | 1,514 | 155 | 230 | 417 | 4,941 | 4,404 | 417 | 679 | 78 | |
75 |
4,809 | 142 | 87 | 405 | 1,091 | 258 | 638 | 4,230 | 2,816 | 7 | 1,514 | 155 | 230 | 417 | 4,941 | 4,404 | 417 | 679 | 78 | |
65/66B |
17,491 | 33,851 | 18,088 | 9,681 | 18,157 | 21,970 | 19,555 | 32,245 | 55,828 | 25,220 | 49,873 | 55,067 | 51,766 | 55,881 | 54,406 | 42,331 | 55,533 | 25,494 | 23,637 | |
65 |
17,491 | 33,851 | 18,088 | 9,681 | 18,157 | 21,970 | 19,555 | 32,245 | 55,828 | 25,220 | 49,873 | 55,067 | 51,766 | 55,881 | 54,406 | 42,331 | 55,533 | 25,494 | 23,637 | |
9903 |
90,355 | 45,490 | -7,138 | 2,896 | 4,947 | 3,229 | 43,986 | 22,969 | -433,236 | -199,727 | -26,088 | -34,714 | 74,773 | 17,626 | 103,063 | 147,135 | 179,180 | 63,905 | 38,537 | |
67/77 |
407 | 727 | 1,306 | 856 | - | 647 | 869 | 1,248 | - | - | - | 147 | 31,744 | 13,305 | 30,546 | 44,413 | 56,129 | 10,412 | 3,052 | |
9904 |
89,948 | 44,763 | -8,444 | 2,040 | 4,947 | 2,582 | 43,117 | 21,722 | -433,236 | -199,727 | -26,088 | -34,861 | 43,030 | 4,320 | 72,517 | 102,723 | 123,051 | 53,493 | 35,485 | |
689 |
- | - | - | - | - | - | - | - | - | - | 71 | - | - | - | 18,750 | 18,750 | 18,750 | 18,750 | 16,098 | |
9905 |
89,948 | 44,763 | -8,444 | 2,040 | 4,947 | 2,582 | 43,117 | 21,722 | -433,236 | -199,727 | -26,159 | -34,861 | 43,030 | 4,320 | 53,767 | 83,973 | 104,301 | 34,743 | 19,388 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-142,759 | -232,706 | -277,470 | -269,025 | -271,065 | -276,012 | -278,594 | -321,711 | -433,236 | -199,727 | -26,159 | -34,311 | 43,550 | 7,520 | 58,199 | 87,182 | 105,959 | 38,055 | 22,434 | |
14P |
-232,706 | -277,470 | -269,025 | -271,065 | -276,012 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | 89,803 | 199,727 | 26,159 | 34,311 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | 43,000 | 7,000 | 55,000 | 75,000 | 95,000 | 31,896 | 16,122 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,896 | 1,122 | |
6921 |
- | - | - | - | - | - | - | - | - | - | - | - | 43,000 | 7,000 | 55,000 | 75,000 | 95,000 | 30,000 | 15,000 | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7,750 | 7,750 | 4,500 | 3,000 | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7,750 | 7,750 | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,500 | 3,000 | |
| Social balance sheet | ||||||||||||||||||||
9087 |
3.1 | 12.4 | 12.8 | 14.2 | 14.7 | 14.8 | 15.8 | 15.5 | 15.9 | 16 | 17.5 | 20.4 | 21 | 21.8 | 17.3 | 13.5 | 14.6 | 11.9 | 8.5 | |
Hours worked1013 |
5,325 | 14,709 | 15,832 | 19,361 | 21,324 | 21,657 | 24,230 | 23,664 | 41,794 | 25,048 | 26,983 | 32,688 | 34,800 | 35,020 | 27,754 | 21,743 | 24,001 | 19,174 | 12,256 | |
| Document | ||||||||||||||||||||
The accounts for 5 older financial years (2002-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 17 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 19-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 19-03-2026 | 2026-00057088 | |
| 31-12-2024 | abbreviated format | 30-09-2025 | 2025-00513752 | |
| 31-12-2023 | abbreviated format | 30-09-2024 | 2024-00480641 | |
| 31-12-2022 | abbreviated format | 29-08-2023 | 2023-00365797 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20368813 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-58500023 | |
| 31-12-2019 | abbreviated format | 03-07-2020 | 2020-25200170 | |
| 31-12-2018 | abbreviated format | 07-06-2019 | 2019-16800265 | |
| 31-12-2017 | abbreviated format | 30-08-2018 | 2018-52900522 | |
| 31-03-2016 | abbreviated format | 15-12-2016 | 2016-70100015 | |
| 31-03-2015 | abbreviated format | 30-09-2015 | 2015-61000497 | |
| 31-03-2014 | abbreviated format | 24-11-2014 | 2014-67400156 | |
| 31-03-2013 | abbreviated format | 31-10-2013 | 2013-64500184 | |
| 31-03-2012 | abbreviated format | 14-12-2012 | 2012-66600023 | |
| 31-03-2011 | abbreviated format | 31-10-2011 | 2011-59200495 | |
| 31-03-2010 | abbreviated format | 27-09-2010 | 2010-55100175 | |
| 31-03-2009 | abbreviated format | 26-10-2009 | 2009-82300080 | |
| 31-03-2008 | abbreviated format | 31-10-2008 | 2008-79900113 | |
| 31-03-2007 | abbreviated format | 09-10-2007 | 2007-76700322 | |
| 31-03-2006 | abbreviated format | 06-10-2006 | 2006-83205157 | |
| 31-03-2005 | abbreviated format | 29-11-2005 | 2005-87601296 | |
| 31-03-2004 | abbreviated format | 26-11-2004 | 2004-81304192 | |
| 31-03-2003 | abbreviated format | 28-11-2003 | 2003-81102347 | |
| 31-03-2002 | abbreviated format | 31-10-2002 | 2002-69601902 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €597 | €597 |
| 2024 | 1 | €367 | €755 |
| 2023 | 1 | €195 | €195 |
| 2022 | 1 | €1,207 | €1,207 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 104,290 | 110,207 | 55,880 | 55,375 | 52,328 | 62,612 | 148,763 | 136,676 | -122,082 | 64,792 | 274,972 | 282,066 | 407,289 | 354,871 | 555,261 | 426,059 | 447,249 | 274,238 | 161,164 | ||
| 91,201 | 75,771 | 36,574 | 45,243 | 35,262 | 40,253 | 128,977 | 107,413 | -175,094 | 42,764 | 232,649 | 227,007 | 323,806 | 290,229 | 458,155 | 343,719 | 335,849 | 239,010 | 135,713 | ||
| 79,132 | 0 | 11,768 | 43,161 | 49,784 | 58,671 | 15,293 | 15,562 | 1,977 | 39,442 | 111,548 | 73,534 | 18,622 | 191,321 | 1.3m | 266,455 | 134,969 | 859,559 | 209,657 | ||
| 109,745 | 20,520 | 3,207 | 25,663 | -10,192 | -112,035 | 148,354 | -67,043 | 21,013 | -12,194 | 19,887 | -20,365 | -223,063 | 182,800 | 4,152 | 51,699 | 16,584 | 898 | - | ||
| 347,090 | 238,515 | 163,298 | 148,380 | 137,170 | 133,730 | 150,469 | 60,018 | 11,204 | 137,482 | 267,119 | 212,091 | 271,244 | 63,522 | -22,524 | 115,888 | 71,986 | -11,992 | 55,491 | ||
| 53.8% | 28.5% | 20.5% | 26.0% | 17.2% | 19.2% | 14.5% | 13.8% | 10.2% | 16.2% | 24.5% | 24.8% | 26.7% | 20.0% | 18.8% | 27.7% | 22.0% | 13.2% | 23.6% | ||
| 2.19 | 1.38 | 1.21 | 1.25 | 1.13 | 1.15 | 1.12 | 1.06 | 1.01 | 1.12 | 1.27 | 1.21 | 1.37 | 1.06 | 0.96 | 1.40 | 1.23 | 0.97 | 1.41 | ||
| 2.19 | 0.73 | 0.65 | 0.92 | 0.70 | 0.63 | 0.89 | 0.71 | 0.61 | 0.91 | 1.17 | 1.03 | 1.29 | 1.03 | 0.96 | 1.30 | 1.21 | 0.96 | 1.37 | ||
| 0.86 | 2.51 | 3.88 | 2.84 | 4.82 | 4.21 | 5.91 | 6.23 | 8.78 | 5.17 | 3.08 | 3.04 | 2.74 | 4.00 | 4.32 | 2.62 | 3.54 | 6.60 | 3.24 | ||
| 26.1% | 17.6% | -4.0% | 0.9% | 2.3% | 1.2% | 20.6% | 13.1% | -300.9% | -72.1% | -5.5% | -6.9% | 8.0% | 0.9% | 14.8% | 24.6% | 38.1% | 25.8% | 22.4% | ||
| 14.0% | 5.0% | -0.8% | 0.2% | 0.4% | 0.2% | 3.0% | 1.8% | -30.8% | -11.7% | -1.3% | -1.7% | 2.1% | 0.2% | 2.8% | 6.8% | 8.4% | 3.4% | 5.3% | ||
| 5.96 | 3.26 | 3.09 | 5.72 | 2.88 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | - | 11 | 13 | 13 | 15 |
| full-time | - | 11 | 12 | 12 | 13 |
| part-time | - | 0 | 1 | 1 | 2 |
| in full-time equivalents | - | 11 | 12.8 | 12.8 | 14.6 |
| 3.1 | 12.4 | 12.8 | 14.2 | 14.7 | |
| On a permanent contract | - | 9 | 12 | 12 | 14 |
| Joined | 0 | 4 | 1 | 2 | 3 |
| Left | 10 | 6 | 1 | 4 | 3 |
| Training hours | - | 58 | 114 | 88 | 64 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | €232,382 | €353,769 | €38,538 | - |
| €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | |
| Mandates to pledge the business | €315,000 | €315,000 | €315,000 | €315,000 | €315,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €79,132 | - | €11,768 | €43,161 | €49,784 |
| €1,254 | €31,008 | €45,018 | €43,204 | €30,315 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 30% higher than in 2024 and the highest since 2013. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 71.5% to 46.2%. Equity is higher and debt is lower.
The network starts from the directors of VANDAELE CONSTRUCT. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Bargiestraat 34 registered office 8904 Ypres | ||
| Bargiestraat 34 8900 Ypres | 22-05-2001 | 2.093.176.163 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 33003B0806/00D000 | 7,021 m² | 1 · 2,639 m² | 9.7 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0474.420.565
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