VANDE MAELE
ActiveVANDE MAELE has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191k and a net result of €17k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 202 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
92
/ 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
Profitability75▼-7
Solvency100=
Growth49▲+13
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 4.07 against 3.42 in 2024; short-term debt: 19% and cash: 27.1% of total assets), and 19% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Sector 13
lower
← 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
81%
Return on assets
7.4%
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 26-08-2026, 26 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
26 d late
2024
27 d late
2023
29 d late
2022
29 d late
2021
24 d late
2020
19 d late
2019
53 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€274k▲ 104%
2024 · €134k
2018: €234k
2019: €319k
2020: €178k
2021: €162k
2022: €258k
2023: €174k
2024: €134k
2018 → 2025
EBIT margin
6.7%▼ 1.7pp
2024 · 8.4%
2018: 13.3%
2019: 26.1%
2020: 13.2%
2021: 11.8%
2022: 15.6%
2023: -10.9%
2024: 8.4%
2018 → 2025
Net result
€17k▲ 131%
2024 · €8k
2018: €27k
2019: €73k
2020: €13k
2021: €2k
2022: €33k
2023: €-24k
2024: €8k
2018 → 2025
Working capital
€137k▲ 32.9%
2024 · €103k
2018: €29k
2019: €92k
2020: €107k
2021: €118k
2022: €109k
2023: €77k
2024: €103k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€162k-€258k▲ 58.9%€174k▼ 32.4%€134k▼ 23.0%€274k▲ 104%
Equity€153k-€185k▲ 21.3%€161k▼ 12.9%€169k▲ 4.7%€191k▲ 12.9%
Operating result€19k-€40k▲ 110%€-19k€11k€18k▲ 63.3%
Net result€2k-€33k▲ 1,752%€-24k€8k€17k▲ 131%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 63% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €236k
Fixed assets
€53k▼ 18.7%
Current assets
€182k▲ 24.7%
Equity and liabilities €236k
Equity
€191k▲ 12.9%
Debt
€45k▲ 5.0%
The debt ratio falls from 20.2% to 19.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34k▲
2024 · €30k
Cash flow
€33k▲
2024 · €26k
Solvency
81.0%▲
2024 · 79.8%
Current ratio
4.07▲
2024 · 3.42
Quick ratio
1.91▲
2024 · 0.69
Debt / equity
0.23▼
2024 · 0.25
ROE
9.1%▲
2024 · 4.5%
ROA
7.4%▲
2024 · 3.6%
Interest coverage
32.71▼
2024 · 39.02
Debt
€45k▲
2024 · €43k
Debt ≤ 1 year
€45k▲
2024 · €43k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€212k€236k▲
Fixed assets21/28€66k€53k▼
Tangible fixed assets22/27€65k€53k▼
Land and buildings22€26k€23k▼
Plant, machinery and equipment23€13k€10k▼
Furniture and vehicles24€27k€20k▼
Financial fixed assets28€248€248=
Current assets29/58€146k€182k▲
Stocks and contracts in progress3€117k€97k▼
Stocks30/36€117k€97k▼
Amounts receivable within one year40/41€9k€19k▲
Trade receivables40€9k€18k▲
Other amounts receivable41€38€1k▲
Cash at bank and in hand54/58€17k€64k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€212k€236k▲
Equity10/15€169k€191k▲
Contributions10/11€19k€19k=
Reserves13€2k€6k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€64€4k▲
Profit (loss) carried forward14€148k€166k▲
Amounts payable17/49€43k€45k▲
Amounts payable within one year42/48€43k€45k▲
Trade debts44€7k€17k▲
Suppliers440/4€7k€17k▲
Taxes, remuneration and social security45€4k€10k▲
Taxes450/3€4k€3k▼
Remuneration and social security454/9-€6k
Other amounts payable47/48€31k€18k▼
Income statement
Code20242025
Turnover70€134k€274k▲
Goods, raw materials, services and sundry goods60/61€101k€235k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€16k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€33k€38k▲
Operating profit (loss)9901€11k€18k▲
Financial income75/76B€40€60▲
Recurring financial income75€40€60▲
Financial charges65/66B€761€1k▲
Recurring financial charges65€761€1k▲
Profit (loss) for the period before taxes9903€11k€17k▲
Income taxes67/77€3k-
Profit (loss) for the period9904€8k€17k▲
Profit (loss) for the period to be appropriated9905€8k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€148k€166k▲
Profit (loss) brought forward from the previous period14P€141k€148k▲
The notes to these accounts (6 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-24k ▼173%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Equity above €150kEq €151k ▲9.7%
3 profitable years in a row build equity to €151k.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
31-12
Financial
Highest result since 2018net €73k ▲171%
Operating result €83k, net result €73k, both a record.
31-12
Financial
Equity above €100kEq €138k ▲113%
2 profitable years in a row build equity to €138k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
26-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wielsbeke · 1 establishment unit since 1987
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.
Grote Molstenstraat 358710 WielsbekeGround area
1,335 m²
Building footprint
195 m²
Volume, LiDAR
958 m³
Parcel 37017B0112/00A000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VANDE MAELE BVBA
since 19872.033.323.502
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37017B0112/00A000 | Flanders | 1,335 m² | 1 · 195 m² | 7.3 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 613 EUR awarded · 613 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 30 EUR | 30 EUR |
| 2022 | 1 | 583 EUR | 583 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteWielsbeke2.033.323.502
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ANFIBE TRADING
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Of 210 companies in sector 13100 we hold annual accounts for 139. 69 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-1987
Fiscal year end31-12
Activities, NACEBEL
13100Manufacture of textiles
17140
01210
01250
01410Raising of dairy cattle
01480Raising of other animals
01490Crop and animal production, hunting and related service activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.