VANDECASTEELE TOURNAI

Active

Public limited companyfounded 1971active for 55 yearsRisquons-Toutstraat(Aal) 14, 8511 Kortrijk, BelgiumKBO/BCE: BE 0408.479.767

Summary

VANDECASTEELE TOURNAI has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.7m and a net result of €146,479. Equity is growing by about 7% per year across the filed financial years. Its solvency ranks better than 56% of 5,014 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow Report Compare

VANDECASTEELE TOURNAIActiveChecked score 82/100

Risk analysis Report Compare

Activity

Retail sale of cars and light vans (up to 3.5 tonnes)

NACE 47811

4th fastest staff growth in Kortrijk, Wholesale and retail trade sector4 sites

Size

€50.1mturnover 2025

Staff: 94.7 FTE
Equity: €5.7m
Profit: €146,479

Financial health

82 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.4%

Structure

Parent: VANDECASTEELE NOEL & BERNARD · 99.72%

2025 accounts 8 days early13 deeds in the Belgian Official Gazette

Why 82raises riskLiquidity: current ratio 1.28, cash €61,053, halvedSector: Retail trade (NACE 47)lowers riskFounded in 1971Legal form: public limited companyShow the evidence

Checked score

Score 2025

82 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 40% of its sector peers (NACE 47, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 66+7

equity 40.7% of total assets

Liquidity 22+3

short-term debt 56.0% · cash 0.4%

Profitability 54+27

return on assets 1.0%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (383 companies, NACE 47, medium-sized)

Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.8%▼ -0.1 percentage points vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.2 percentage points vs 06-2025 08-2025: 1.5%▲ +0.5 percentage points vs 07-2025 09-2025: 1.8%▲ +0.3 percentage points vs 08-2025highest value 10-2025: 0.7%▼ -1.1 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.6%▼ -0.1 percentage points vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.4%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value

Credit of up to €460,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.28, compared with 1.18 in 2024, below the usual 1.5; short-term debt: 56% and cash: 0.4% of total assets), and 59.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, medium-sized): better than 67% on solvency, 26% on liquidity, 42% on profitability and 26% on growth.

The bankruptcy probability was computed on 24-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.28, cash €61,053, halved

NBB · annual accounts

Founded in 1971

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Retail trade (NACE 47)

KBO

Legal form: public limited company

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

8 days early

2024

29 days late

2023

30 days late

2022

32 days late

2021

26 days late

2020

31 days late

2019

60 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

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. The company usually files around 29 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

23-07-2026 Annual accounts filedfinancial year 2025 · full…
31-12-2025 Back to profitnet €146,479
29-08-2025 Annual accounts filedfinancial year 2024 · full…

Key points

Positive: Back in profit in 2025after -€212,902 in 2024 €146,479 View
Positive: Among the best 9% on equitysector median €448,397 · 5,015 companies €5.7m View
Controlled by VANDECASTEELE NOEL & BERNARD 99.72% View
Active since 1971founded 14-07-1971 55 years View

By topic

Financials

Financial year: 2025
Turnover: €50.1m
Profit: €146,479
Solvency: 40.7%

Turnover▼ 17.0%

Net result

20182025

Go to Financials

Board & ownership

Parent: VANDECASTEELE NOEL & BERNARD · 99.72%

Go to Board & ownership

Timeline

Events: 54
Since: 1978
Next accounts: by 31-07-2027

30-08-2024Annual accounts filed
31-12-2023Back to profit
31-12-2023Equity above €5m

Go to Timeline

Company details

Sites: 4

Legal form: Public limited company
Activity: Retail sale of cars and light vans (up…NACE 47811
Founded: 14-07-1971
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about VANDECASTEELE TOURNAI

What is the company number of VANDECASTEELE TOURNAI?: 0408.479.767. In Belgium the VAT number is the company number with BE in front: BE 0408.479.767.
Where is VANDECASTEELE TOURNAI based?: The registered office is at Risquons-Toutstraat(Aal) 14, 8511 Kortrijk.Company details
What does VANDECASTEELE TOURNAI do?: According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of VANDECASTEELE TOURNAI?: Public limited company (NV).
When was VANDECASTEELE TOURNAI founded?: On 14-07-1971.
Is VANDECASTEELE TOURNAI still active?: Yes, VANDECASTEELE TOURNAI is an active enterprise in the KBO register.
How many employees does VANDECASTEELE TOURNAI have?: On average 94.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VANDECASTEELE TOURNAI?: €50.1m in financial year 2025, according to the filed annual accounts.
Is VANDECASTEELE TOURNAI profitable?: In financial year 2025, VANDECASTEELE TOURNAI made a profit of €146,479.
Where can I find the annual accounts of VANDECASTEELE TOURNAI?: VANDECASTEELE TOURNAI filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VANDECASTEELE TOURNAI due?: By 31-07-2027, for financial year 2026.Timeline