VANDECASTEELE BRAM ENGINEERING
ActiveVANDECASTEELE BRAM ENGINEERING has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €39k. Equity is growing by ~66.1% per year across the filed fiscal years. Its solvency ranks better than 66% of 111 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
89
/ 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
Profitability100=
Solvency92▲+5
Growth78=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.7 against 2.07 in 2024; short-term debt: 32.6% and cash: 45.4% of total assets), and 33.5% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Sector 20
lower
← fewer bankruptcies
more bankruptcies →
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
66.5%
Return on assets
29.5%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
2 d early
2024
27 d early
2023
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€89k▲ 79.6%
2024 · €50k
2023: €23k
2024: €50k
2023 → 2025
Total assets
€134k▲ 66.2%
2024 · €81k
2023: €82k
2024: €81k
2023 → 2025
Net result
€39k▲ 50.9%
2024 · €26k
2023: €22k
2024: €26k
2023 → 2025
Working capital
€74k▲ 134%
2024 · €32k
2023: €5k
2024: €32k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€23k-€50k▲ 112%€89k▲ 79.6%
Operating result€31k-€37k▲ 19.0%€55k▲ 48.9%
Net result€22k-€26k▲ 16.5%€39k▲ 50.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 49% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134k
Fixed assets
€16k▼ 16.4%
Current assets
€118k▲ 92.5%
Equity and liabilities €134k
Equity
€89k▲ 79.6%
Debt
€45k▲ 44.8%
The debt ratio falls from 38.4% to 33.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€61k▲
2024 · €42k
Cash flow
€46k▲
2024 · €32k
Solvency
66.5%▲
2024 · 61.6%
Current ratio
2.70▲
2024 · 2.07
Quick ratio
2.70▲
2024 · 2.07
Debt / equity
0.50▼
2024 · 0.62
ROE
44.3%▼
2024 · 52.7%
ROA
29.5%▼
2024 · 32.5%
Interest coverage
3276.27▲
2024 · 701.47
Debt
€45k▲
2024 · €31k
Debt ≤ 1 year
€44k▲
2024 · €30k
Income taxes
€15k▲
2024 · €11k
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€81k€134k▲
Fixed assets21/28€19k€16k▼
Tangible fixed assets22/27€19k€16k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€18k€15k▼
Current assets29/58€61k€118k▲
Amounts receivable within one year40/41€26k€24k▼
Trade receivables40€26k€24k▼
Current investments50/53€10k€30k▲
Cash at bank and in hand54/58€22k€61k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€81k€134k▲
Equity10/15€50k€89k▲
Contributions10/11€1k€1k=
Reserves13€49k€88k▲
Distributable reserves133€49k€88k▲
Amounts payable17/49€31k€45k▲
Amounts payable within one year42/48€30k€44k▲
Trade debts44€701€212▼
Suppliers440/4€701€212▼
Taxes, remuneration and social security45€14k€21k▲
Taxes450/3€13k€21k▲
Remuneration and social security454/9€1k-
Other amounts payable47/48€15k€22k▲
Accrued charges and deferred income492/3€1k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€85€226▲
Gross operating margin9900€42k€61k▲
Operating profit (loss)9901€37k€55k▲
Financial income75/76B-€10
Recurring financial income75-€10
Financial charges65/66B€60€19▼
Recurring financial charges65€60€19▼
Profit (loss) for the period before taxes9903€37k€55k▲
Income taxes67/77€11k€15k▲
Profit (loss) for the period9904€26k€39k▲
Profit (loss) for the period to be appropriated9905€26k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€39k▲
Transfer to equity691/2€26k€39k▲
To other reserves6921€26k€39k▲
The notes to these accounts (5 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
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2023net €39k ▲50.9%
Operating result €55k, net result €39k, both a record.
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lievegem · 1 establishment unit since 2022
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.
Daalmstraat 249930 LievegemGround area
2,939 m²
Building footprint
181 m²
Volume, LiDAR
308 m³
Parcel 44080D0769/00P000, Flanders · tallest building 9.5 m. Linked by address, not a title deed.
1 establishment unit
VANDECASTEELE BRAM ENGINEERING
since 20222.333.710.231
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44080D0769/00P000 | Flanders | 2,939 m² | 1 · 181 m² | 9.5 m |
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
2023 · 1 entry · 288 EUR awarded · 288 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 288 EUR | 288 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Injection Test
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Of 139 companies in sector 20160 we hold annual accounts for 95. 29 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-07-2022
Fiscal year end31-03
Activities, NACEBEL
20160Manufacture of chemicals and chemical products
25110Manufacture of metal structures and parts of structures
70210Activities of head offices; management consultancy activities
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.