Vandecasteele Roeselare
ActiveSummary
Vandecasteele Roeselare has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €549k and a net result of €21k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 80% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
82
/ 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
Profitability59▼-20
Solvency94▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.24 against 2.11 in 2024; short-term debt: 30.1% and cash: 31.1% of total assets), and 31.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
68.7%
Return on assets
2.7%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
46 d early
2023
on the day
2022
on the day
2021
on the day
2020
26 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€549k▲ 4.1%
2024 · €527k
2019: €397k
2020: €435k
2021: €435k
2022: €464k
2023: €492k
2024: €527k
2019 → 2025
Total assets
€799k▼ 21.7%
2024 · €1.02M
2019: €1.18M
2020: €1.20M
2021: €1.10M
2022: €962k
2023: €1.01M
2024: €1.02M
2019 → 2025
Net result
€21k▼ 74.8%
2024 · €85k
2019: €11k
2020: €38k
2021: €54
2022: €29k
2023: €29k
2024: €85k
2019 → 2025
Working capital
€538k▲ 3.1%
2024 · €522k
2019: €400k
2020: €433k
2021: €421k
2022: €419k
2023: €463k
2024: €522k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€435k-€464k▲ 6.7%€492k▲ 6.2%€527k▲ 7.1%€549k▲ 4.1%
Operating result€10k-€43k▲ 329%€55k▲ 28.6%€130k▲ 135%€32k▼ 75.0%
Net result€54-€29k▲ 53,837%€29k▼ 1.3%€85k▲ 197%€21k▼ 74.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 75% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €799k
Fixed assets
€20k ▼ 30.4%
Current assets
€778k ▼ 21.4%
Equity and liabilities €799k
Equity
€549k ▲ 4.1%
Debt
€250k ▼ 49.3%
Debt's share of the balance-sheet total falls from 48.3% to 31.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▼
2024 · €139k
Cash flow
€30k▼
2024 · €94k
Current ratio
3.24▲
2024 · 2.11
Quick ratio
1.93▲
2024 · 0.93
Debt to equity
0.45▼
2024 · 0.93
ROE
3.9%▼
2024 · 16.1%
ROA
2.7%▼
2024 · 8.3%
Interest coverage
4.42▼
2024 · 10.33
Debt ≤ 1 year
€240k▼
2024 · €469k
Debt > 1 year
€9k▼
2024 · €22k
Income taxes
€11k▼
2024 · €33k
Staff costs
€63k▼
2024 · €71k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.02M€799k▼
Fixed assets21/28€29k€20k▼
Tangible fixed assets22/27€29k€20k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€21k€14k▼
Current assets29/58€991k€778k▼
Stocks and contracts in progress3€556k€314k▼
Stocks30/36€556k€314k▼
Amounts receivable within one year40/41€257k€213k▼
Trade receivables40€213k€205k▼
Other amounts receivable41€44k€8k▼
Cash at bank and in hand54/58€175k€249k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.02M€799k▼
Equity10/15€527k€549k▲
Contributions10/11€125k€125k=
Capital10€125k€125k=
Issued capital100€125k€125k=
Reserves13€207k€207k=
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€192k€192k=
Profit (loss) carried forward14€196k€217k▲
Amounts payable17/49€492k€250k▼
Amounts payable after more than one year17€22k€9k▼
Financial debts170/4€22k€9k▼
Amounts payable within one year42/48€469k€240k▼
Current portion of amounts payable after more than one year42€24k€13k▼
Financial debts43€100k-
Credit institutions430/8€100k-
Trade debts44€118k€171k▲
Suppliers440/4€118k€171k▲
Advances received on contracts in progress46-€10k
Taxes, remuneration and social security45€40k€41k▲
Taxes450/3€33k€35k▲
Remuneration and social security454/9€7k€6k▼
Other amounts payable47/48€187k€5k▼
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Remuneration, social security and pensions62€71k€63k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€5k€6k▲
Gross operating margin9900€214k€112k▼
Operating profit (loss)9901€130k€32k▼
Financial income75/76B€1k€9k▲
Recurring financial income75€1k€9k▲
Financial charges65/66B€13k€9k▼
Recurring financial charges65€13k€9k▼
Profit (loss) for the period before taxes9903€118k€32k▼
Income taxes67/77€33k€11k▼
Profit (loss) for the period9904€85k€21k▼
Profit (loss) for the period to be appropriated9905€85k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€246k€217k▼
Profit (loss) brought forward from the previous period14P€161k€196k▲
Profit to be distributed694/7€50k-
Return on contributions (dividend)694€50k-
Social balance
Average headcount (FTE)90871.31.0▼
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
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 2 days late
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Highest result since 2019net €85k ▲197%
Operating result €130k, net result €85k, both a record.
30-06
Financial
Equity above €500kEq €527k ▲7.1%
6 profitable years in a row build equity to €527k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet €54 ▼99.9%
Net result drops to €54, the lowest in the series; recovery starts the following year.
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
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
5 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, Roeselare · 1 establishment unit since 1972
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.
Armoedestraat 228800 RoeselareGround area
3,825 m²
Building footprint
1,559 m²
Volume, LiDAR
12,053 m³
Parcel 36017A0995/00H000, Flanders · tallest building 19.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Autobedrijf Vankeirsbilck
since 19722.006.972.065
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017A0995/00H000 | Flanders | 3,825 m² | 1 · 1,559 m² | 19.4 m · 3 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 · 239 EUR awarded · 239 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 62 EUR | 62 EUR |
| 2022 | 1 | 177 EUR | 177 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 3,396 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-02-1972
Fiscal year end30-06
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.