Vande Pitte
ActiveVande Pitte has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.70M and a net result of €100k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 50% of 7892 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
79
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-12
Solvency89▼-5
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 2.21 against 2.1 in 2024), but 56% 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+raises risk○neutral
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
44%
Return on assets
2.6%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
13 d early
2023
19 d early
2022
on the day
2021
51 d early
2020
18 d early
2019
31 d early
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.70M▲ 3.1%
2024 · €1.65M
2018: €996k
2019: €1.04M
2020: €1.10M
2021: €1.22M
2022: €1.40M
2023: €1.57M
2024: €1.65M
2018 → 2025
Total assets
€3.86M▲ 15.2%
2024 · €3.35M
2018: €2.53M
2019: €2.41M
2020: €2.66M
2021: €3.68M
2022: €4.07M
2023: €3.47M
2024: €3.35M
2018 → 2025
Net result
€100k▼ 26.8%
2024 · €137k
2018: €30k
2019: €46k
2020: €55k
2021: €119k
2022: €297k
2023: €275k
2024: €137k
2018 → 2025
Working capital
€1.64M▲ 27.8%
2024 · €1.28M
2018: €642k
2019: €671k
2020: €707k
2021: €908k
2022: €1.08M
2023: €1.23M
2024: €1.28M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.22M-€1.40M▲ 15.4%€1.57M▲ 11.9%€1.65M▲ 4.9%€1.70M▲ 3.1%
Operating result€158k-€386k▲ 144%€380k▼ 1.7%€208k▼ 45.3%€153k▼ 26.1%
Net result€119k-€297k▲ 150%€275k▼ 7.4%€137k▼ 50.4%€100k▼ 26.8%
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 26% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.86M
Fixed assets
€872k▼ 3.1%
Current assets
€2.99M▲ 22.0%
Equity and liabilities €3.86M
Equity
€1.70M▲ 3.1%
Provisions
€19k=
Debt
€2.14M▲ 27.3%
The debt ratio rises from 50.2% to 55.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€182k▼
2024 · €236k
Cash flow
€128k▼
2024 · €165k
Solvency
44.0%▼
2024 · 49.2%
Current ratio
2.21▲
2024 · 2.10
Quick ratio
2.21▲
2024 · 2.10
Debt / equity
1.26▲
2024 · 1.02
ROE
5.9%▼
2024 · 8.3%
ROA
2.6%▼
2024 · 4.1%
Interest coverage
6.04▼
2024 · 7.94
Debt
€2.14M▲
2024 · €1.68M
Debt ≤ 1 year
€1.35M▲
2024 · €1.17M
Debt > 1 year
€791k▲
2024 · €515k
Income taxes
€23k▼
2024 · €60k
Staff costs
€9k▼
2024 · €13k
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€3.35M€3.86M▲
Fixed assets21/28€900k€872k▼
Tangible fixed assets22/27€895k€867k▼
Land and buildings22€179k€179k=
Plant, machinery and equipment23€0-
Furniture and vehicles24€5k€5k=
Other tangible fixed assets26€712k€684k▼
Financial fixed assets28€5k€5k=
Current assets29/58€2.45M€2.99M▲
Amounts receivable within one year40/41€2.32M€2.90M▲
Trade receivables40€2.32M€2.75M▲
Other amounts receivable41-€150k
Cash at bank and in hand54/58€128k€86k▼
Equity and liabilities
Total equity and liabilities10/49€3.35M€3.86M▲
Equity10/15€1.65M€1.70M▲
Contributions10/11€136k€136k=
Reserves13€1.50M€1.55M▲
Tax-exempt reserves132€5k€5k=
Distributable reserves133€1.50M€1.55M▲
Profit (loss) carried forward14€9k€10k▲
Provisions and deferred taxes16€19k€19k=
Provisions for liabilities and charges160/5€19k€19k=
Pensions and similar obligations160€19k€19k=
Amounts payable17/49€1.68M€2.14M▲
Amounts payable after more than one year17€515k€791k▲
Other amounts payable178/9€515k€791k▲
Amounts payable within one year42/48€1.17M€1.35M▲
Current portion of amounts payable after more than one year42€158k€200k▲
Trade debts44€805k€952k▲
Suppliers440/4€805k€952k▲
Taxes, remuneration and social security45€82k€82k▼
Taxes450/3€82k€82k▼
Other amounts payable47/48€124k€117k▼
Income statement
Code20242025
Remuneration, social security and pensions62€13k€9k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€28k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€250k€192k▼
Operating profit (loss)9901€208k€153k▼
Financial income75/76B€19k-
Recurring financial income75€19k-
Non-recurring financial income76B€19k-
Financial charges65/66B€30k€30k▲
Recurring financial charges65€30k€30k▲
Profit (loss) for the period before taxes9903€197k€123k▼
Income taxes67/77€60k€23k▼
Profit (loss) for the period9904€137k€100k▼
Profit (loss) for the period to be appropriated9905€137k€100k▼
Appropriation of the result
Profit (loss) to be appropriated9906€143k€109k▼
Profit (loss) brought forward from the previous period14P€7k€9k▲
Transfer to equity691/2€75k€50k▼
To other reserves6921€75k€50k▼
Profit to be distributed694/7€59k€49k▼
Directors or managers695€59k€49k▼
The notes to these accounts (8 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €297k ▲150%
Operating result €386k, net result €297k, both a record.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €1MEq €1.04M ▲4.7%
2 profitable years in a row build equity to €1.04M.
10-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Zedelgem · 1 establishment unit since 1995
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.
Kronestraat 448210 ZedelgemGround area
1,626 m²
Building footprint
243 m²
Volume, LiDAR
1,064 m³
Parcel 31040A0304/00D000, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kronestraat 44, 8210 Zedelgem
since 19952.069.623.177
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040A0304/00D000 | Flanders | 1,626 m² | 1 · 243 m² | 9.1 m · 1 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
GAUDENS TRADING
BE 0435.623.139
Wervik · Eq €1.91M
EURO-SEEDS
BE 0861.720.482
Sombreffe · Eq €1.95M
FLORISTENCENTER
BE 0426.760.804
Wevelgem · Eq €1.99M
AGRO RIEMST
BE 0447.594.622
Riemst · Eq €2.08M
AGRO SEED RESEARCH
BE 0463.335.247
Oudsbergen · Eq €2.12M
Of 176 companies in sector 46211 we hold annual accounts for 79. 50 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-1994
Fiscal year end31-12
Activities, NACEBEL
46211Wholesale trade
46216Wholesale of agricultural produce and animal feed, general range
51210
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.