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VANDECASTEELE AARON

Active Private limited companyfounded 2023active for 2 yearsNachtegaalstraat 2, 8740 PittemKBO/BCE: BE 1003.781.833

Lifetime

2 annual accounts with figures on one time axis
peak €48,436 (2025)
€48,436▲ 0.3%
peak €28,046 (2025)
€28,046▲ 19.9%
peak €56,439 (2025)
€56,439▲ 98.8%
€92,969▼ 26.9%
Board1 name since 2023
Documentsfilings and deeds
09-10-202670 days late
2025micro format
Equity from €28,393 to €56,439Debts from €127,153 to €92,969Investments €20,000Cash from €24,724 to €16,522

Key points

from the 2025 annual accounts

Turnover

≈ €270,000 estimated

The micro format states no turnover.

Investments

€19,000 2.5 × depreciation
20242025

Green is investment, beige is depreciation.

Liquidity

1.68 was 1.14 in 2024

Short-term debts fell from €47,259 to €20,999.

2025 accounts filed 70 days after the deadline

Checked score

51
Fair
Financially stronger than 67% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 01-2025: 1.9%lowest value 02-2025: 1.9%● unchanged vs 01-2025lowest value 03-2025: 2.0%▲ +0.1 percentage points vs 02-2025 04-2025: 2.3%▲ +0.3 percentage points vs 03-2025 05-2025: 2.4%▲ +0.1 percentage points vs 04-2025 06-2025: 2.7%▲ +0.3 percentage points vs 05-2025 07-2025: 2.7%● unchanged vs 06-2025 08-2025: 3.0%▲ +0.3 percentage points vs 07-2025 09-2025: 2.9%▼ -0.1 percentage points vs 08-2025 10-2025: 2.9%● unchanged vs 09-2025 11-2025: 2.5%▼ -0.4 percentage points vs 10-2025 12-2025: 2.6%▲ +0.1 percentage points vs 11-2025 01-2026: 2.6%● unchanged vs 12-2025 02-2026: 2.6%● unchanged vs 01-2026 03-2026: 2.6%● unchanged vs 02-2026 04-2026: 2.7%▲ +0.1 percentage points vs 03-2026 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 2.6%▼ -0.1 percentage points vs 05-2026 07-2026: 2.6%● unchanged vs 06-2026 08-2026: 3.2%▲ +0.6 percentage points vs 07-2026 09-2026: 3.5%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 3.4%▼ -0.1 percentage points vs 09-2026 11-2026: 3.4%● unchanged vs 10-2026

Financial strength
Strong

63+20equity 37.8% of total assets
61+4short-term debt 14.1% · cash 11.1%
92+4return on assets 18.8%

Score breakdown

raises risk
Last filed accounts filed 70 days late; 2 of the last 3 accounts late
Founded in 2023
Size: total assets €149,407
Sector: Specialised construction activities (NACE 43)
Calculation

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 43, micro). It does better than 40% of them on solvency, 59% on liquidity, 78% on profitability and 91% on growth.

The bankruptcy probability was computed on 09-11-2026 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 moderate class on 30-06-2025, 2.4% 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).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as VANDECASTEELE AARON has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 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.

The bankruptcy probability of VANDECASTEELE AARON itself is higher: 3.4% within 12 months. It rests on far more data about VANDECASTEELE AARON than the profile alone.

Test of the method

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.

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 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 39,278 companies, not a prediction for VANDECASTEELE AARON. 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

Credit of up to €2,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.68 (1.14 in 2024), above the usual 1.5. Short-term debt is 14.1% and cash 11.1% of total assets. However, 62.2% of the assets are financed with debt and provisions.

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

Signals

Five signals.
raises risk
raises risk · Last filed accounts filed 70 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €149,407
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 2025 accounts filed 70 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-10-2026, 70 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
70 days late
2024
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 66 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Board and ownership

VA
Director, since 21-12-2023
  • VANDECASTEELE Aaron Ariane Chris 50 sharesdeed of 27-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1003781833
Incorporation Founding capital of €5,000, 50 shares · Founder: VANDECASTEELE Aaron Ariane Chris · Appointment: VANDECASTEELE Aaron Ariane Chris (statutory director) · published on 27-12-2023 · Gazette deed
First establishment Nachtegaalstraat 2, Pittem
All 5 events

Comparable companies

same main activity, similar in size and age
Company
VANDECASTEELE AARON Pittem €149,407 €48,436 37.8% -
Allworkprojects Bruges €147,395 €63,899 41.0% -
Bel TP Fosses-la-Ville €149,027 €44,461 51.2% -
MSERVICE Stavelot €143,876 €40,148 6.7% -
Rosiers Aannemingswerken en Verhuur Beveren-Kruibeke-Zwijndrecht €160,589 €47,842 51.1% -
FFIXHOME Bilzen-Hoeselt €170,099 €50,134 16.7% -
SEJJES Heist-op-den-Berg €137,943 €55,165 34.2% -

These companies have the same main activity as VANDECASTEELE AARON: site preparation (NACE 43120). They are comparable in size and age: total assets between €138,000 and €170,000, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 21-12-2023Normal situation
Activity
Site preparationNACE 43120and 1 other
Establishment unit
2.355.021.2308740 Pittem, since 21-12-2023
Financial year end
31 December
Peppol
Reachable since 15-05-2025
Company details

Annual accounts 2025

€149,407▼ 3.9%
Filing
Filed on 09-10-2026
Financials

Insights on VANDECASTEELE AARON

The computed 12-month bankruptcy probability of VANDECASTEELE AARON is 3.4% (moderate). The 2025 annual accounts show equity of €56,439 and a net result of €28,046.

Its solvency ranks better than 40% of 35,125 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

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 VANDECASTEELE AARON

What is the company number of VANDECASTEELE AARON?
The company number of VANDECASTEELE AARON is 1003.781.833. The VAT number is the same number with BE in front: BE 1003.781.833.
Where is VANDECASTEELE AARON based?
The registered office is at Nachtegaalstraat 2, 8740 Pittem.Company details
What does VANDECASTEELE AARON do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of VANDECASTEELE AARON?
VANDECASTEELE AARON is a private limited company (BV).
When was VANDECASTEELE AARON founded?
VANDECASTEELE AARON was founded on 21-12-2023.
Is VANDECASTEELE AARON still active?
Yes, VANDECASTEELE AARON is an active enterprise in the KBO register.
What is the turnover of VANDECASTEELE AARON?
The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €48,436 and 30 comparable companies (NACE 431). It probably lies between €180,000 and €580,000.Financials
Is VANDECASTEELE AARON profitable?
In financial year 2025, VANDECASTEELE AARON made a profit of €28,046.
Where can I find the annual accounts of VANDECASTEELE AARON?
VANDECASTEELE AARON filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VANDECASTEELE AARON due?
VANDECASTEELE AARON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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