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VANDECAVEYE CONSTRUCT

Bankruptcy
Private limited company (pre-2019)founded 1996Chaussée de Willemeau(TOU) 208, 7500 Tournai, BelgiumKBO/BCE: BE 0457.974.909
Summary

The KBO register currently lists the legal status of VANDECAVEYE CONSTRUCT as open bankruptcy, with no start date. The 2024 annual accounts show equity of €91,899 and a net result of €7,474.

VANDECAVEYE CONSTRUCTBankruptcy

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and trustee are in RegSol: search by the enterprise number.

What to do now

  1. Stop delivering on credit unless the trustee agrees.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€255,057total assets 2024
Staff
5 FTE
Equity
€91,899
Profit
€7,474
Turnover not published (micro format)
Financial health
Bankruptcy: no score
Structure
1 deed in the Belgian Official Gazette
Signalsraises riskRegister: open bankruptcyShow the evidence

Signals

1 signal.
raises risk
raises risk · Register: open bankruptcy
The KBO register currently gives the legal situation as open bankruptcy, with no start date.
KBO · legal situation
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Back to profitnet €7,474
  3. Annual accounts filedfinancial year 2023 · micro…

Financials · financial year 2024, micro format

2024 annual accounts filed late (266 days) Filed on 23 April 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00085877.

Equity
€91,899▲ 8.9%
2023 · €84,425
Total assets
€255,057▼ 17.7%
2023 · €310,001
Net result
€7,474
2023 · -€46,148
Working capital
€93,529▲ 22.7%
2023 · €76,196
Trend over the years

2023 to 2024, 2 financial years

The operating result returns to profit in 2024: €24,393 after a loss of €37,035 in 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€24,393 2024 Net result€7,474 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result-€37,035-€24,393
Net result-€46,148below the sector's middle half-€7,474within the sector's middle half
Equity€84,425within the sector's middle half-€91,899within the sector's middle half▲ 8.9%
Total assets€310,001above the sector's middle half-€255,057within the sector's middle half▼ 17.7%
Debt€225,576-€151,829▼ 32.7%
Working capital€76,196within the sector's middle half-€93,529above the sector's middle half▲ 22.7%
Solvency27.2%within the sector's middle half-36.0%within the sector's middle half▲ 8.8pp
Current ratio1.36within the sector's middle half-1.63within the sector's middle half▲ 0.27
Return on assets (ROA)-14.9%below the sector's middle half-2.9%within the sector's middle half▲ 17.8pp
Staff (FTE)5.6-5▼ 10.7%
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €255,057
Fixed assets €13,187 ▼ 40.2%
Current assets €241,870 ▼ 16.0%
Equity and liabilities €255,057
Equity €91,899 ▲ 8.9%
Provisions €11,329
Debt €151,829 ▼ 32.7%
Debt's share of the balance-sheet total falls from 72.8% to 59.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€33,249▲
2023 · -€28,178
Cash flow
€16,330▲
2023 · -€37,292
Quick ratio
0.71▲
2023 · 0.57
Debt to equity
1.65▼
2023 · 2.67
ROE
8.1%▲
2023 · -54.7%
Interest coverage
4.41▲
2023 · -3.53
Debt ≤ 1 year
€148,342▼
2023 · €211,762
Debt > 1 year
€3,487▼
2023 · €13,814
Income taxes
€1,634▼
2023 · €10,509
Staff costs
€174,734▼
2023 · €190,236
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 57 lines
Balance sheet Code20232024
Assets
Total assets20/58€310,001€255,057▼
Fixed assets21/28€22,043€13,187▼
Tangible fixed assets22/27€21,419€12,563▼
Plant, machinery and equipment23€17,995€9,995▼
Furniture and vehicles24€3,425€2,569▼
Financial fixed assets28€624€624=
Current assets29/58€287,958€241,870▼
Stocks and contracts in progress3€167,949€135,911▼
Stocks30/36€8,239€7,582▼
Contracts in progress37€159,710€128,329▼
Amounts receivable within one year40/41€95,795€88,121▼
Trade receivables40€14,989€30,920▲
Other amounts receivable41€80,806€57,201▼
Current investments50/53€2€2=
Cash at bank and in hand54/58€6,247€6,247=
Deferred charges and accrued income490/1€17,965€11,590▼
Equity and liabilities
Total equity and liabilities10/49€310,001€255,057▼
Equity10/15€84,425€91,899▲
Contributions10/11€20,451€20,451=
Reserves13€33,248€78,563▲
Tax-exempt reserves132€33,248€78,563▲
Profit (loss) carried forward14€30,727-€7,115▼
Provisions and deferred taxes16-€11,329
Deferred taxes168-€11,329
Amounts payable17/49€225,576€151,829▼
Amounts payable after more than one year17€13,814€3,487▼
Financial debts170/4€13,814€3,487▼
Amounts payable within one year42/48€211,762€148,342▼
Current portion of amounts payable after more than one year42€10,127€10,327▲
Financial debts43€59,338€38,440▼
Credit institutions430/8€59,338€38,440▼
Trade debts44€130,085€69,643▼
Suppliers440/4€130,085€69,643▼
Advances received on contracts in progress46€3,850€1,350▼
Taxes, remuneration and social security45€8,362€28,582▲
Taxes450/3€4,981€25,474▲
Remuneration and social security454/9€3,381€3,108▼
Income statement Code20232024
Remuneration, social security and pensions62€190,236€174,734▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,856€8,856=
Other operating charges640/8€4,373€4,460▲
Non-recurring operating charges66A€2,545€200▼
Gross operating margin9900€168,976€212,643▲
Operating profit (loss)9901-€37,035€24,393▲
Financial income75/76B€0€3,587▲
Recurring financial income75€0€3,587▲
Financial charges65/66B€7,992€7,542▼
Recurring financial charges65€7,992€7,542▼
Profit (loss) for the period before taxes9903-€45,026€20,437▲
Transfer from deferred taxes780€9,388-
Transfer to deferred taxes680-€11,329
Income taxes67/77€10,509€1,634▼
Profit (loss) for the period9904-€46,148€7,474▲
Transfer from tax-exempt reserves789€37,550-
Transfer to tax-exempt reserves689-€45,316
Profit (loss) for the period to be appropriated9905-€8,598-€37,842▼
Appropriation of the result
Profit (loss) to be appropriated9906€30,727-€7,115▼
Profit (loss) brought forward from the previous period14P€39,325€30,727▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Remuneration, social security and pensions62€190,236€174,734▼ 8.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,856€8,856=
Other operating charges640/8€4,373€4,460▲ 2.0%
Non-recurring operating charges66A€2,545€200▼ 92.1%
Gross operating margin9900€168,976€212,643▲ 25.8%
Operating profit (loss)9901-€37,035€24,393-
Financial income75/76B€0€3,587▲ 358,692×
Recurring financial income75€0€3,587▲ 358,692×
Financial charges65/66B€7,992€7,542▼ 5.6%
Recurring financial charges65€7,992€7,542▼ 5.6%
Profit (loss) for the period before taxes9903-€45,026€20,437-
Transfer from deferred taxes780€9,388--
Transfer to deferred taxes680-€11,329-
Income taxes67/77€10,509€1,634▼ 84.4%
Profit (loss) for the period9904-€46,148€7,474-
Transfer from tax-exempt reserves789€37,550--
Transfer to tax-exempt reserves689-€45,316-
Profit (loss) for the period to be appropriated9905-€8,598-€37,842▼ 340%
Line20232024Change
Assets
Total assets20/58€310,001€255,057▼ 17.7%
Fixed assets21/28€22,043€13,187▼ 40.2%
Tangible fixed assets22/27€21,419€12,563▼ 41.3%
Plant, machinery and equipment23€17,995€9,995▼ 44.5%
Furniture and vehicles24€3,425€2,569▼ 25.0%
Financial fixed assets28€624€624=
Current assets29/58€287,958€241,870▼ 16.0%
Stocks and contracts in progress3€167,949€135,911▼ 19.1%
Stocks30/36€8,239€7,582▼ 8.0%
Contracts in progress37€159,710€128,329▼ 19.6%
Amounts receivable within one year40/41€95,795€88,121▼ 8.0%
Trade receivables40€14,989€30,920▲ 106%
Other amounts receivable41€80,806€57,201▼ 29.2%
Current investments50/53€2€2=
Cash at bank and in hand54/58€6,247€6,247=
Deferred charges and accrued income490/1€17,965€11,590▼ 35.5%
Equity and liabilities
Total equity and liabilities10/49€310,001€255,057▼ 17.7%
Equity10/15€84,425€91,899▲ 8.9%
Contributions10/11€20,451€20,451=
Reserves13€33,248€78,563▲ 136%
Tax-exempt reserves132€33,248€78,563▲ 136%
Profit (loss) carried forward14€30,727-€7,115-
Provisions and deferred taxes16-€11,329-
Deferred taxes168-€11,329-
Amounts payable17/49€225,576€151,829▼ 32.7%
Amounts payable after more than one year17€13,814€3,487▼ 74.8%
Financial debts170/4€13,814€3,487▼ 74.8%
Amounts payable within one year42/48€211,762€148,342▼ 29.9%
Current portion of amounts payable after more than one year42€10,127€10,327▲ 2.0%
Financial debts43€59,338€38,440▼ 35.2%
Credit institutions430/8€59,338€38,440▼ 35.2%
Trade debts44€130,085€69,643▼ 46.5%
Suppliers440/4€130,085€69,643▼ 46.5%
Advances received on contracts in progress46€3,850€1,350▼ 64.9%
Taxes, remuneration and social security45€8,362€28,582▲ 242%
Taxes450/3€4,981€25,474▲ 411%
Remuneration and social security454/9€3,381€3,108▼ 8.1%
Line20232024Change
Profit (loss) for the period9904-€46,148€7,474-
+ Depreciation and write-downs630€8,856€8,856=
Operating cash flow (approximation)-€37,292€16,330-
Investment in fixed assets (approximation)-€0-
Change in cash-€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2024 micro format 23-04-2026 2026-00085877
31-12-2023 micro format 10-10-2024 2024-00508465

Similar companies · same sector, comparable size

Of the 29,226 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,272. 13,351 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 22 May 1996, VANDECAVEYE CONSTRUCT was incorporated.1 The company has filed 2 sets of annual accounts, the latest for financial year 2024.2 The KBO register records an open bankruptcy for the company, without a start date.1

  1. 1KBO register
  2. 2National Bank, annual accounts 2024

Acts, filings and financial milestones

2026
23-04
NBB filing Annual accounts filed
financial year 2024 · micro format · 266 days late
2024
31-12
Financial Back to profitnet €7,474
Net result €7,474 after one loss-making year.
10-10
NBB filing Annual accounts filed
financial year 2023 · micro format · 71 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded22-05-1996
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

Register as of 27 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 1996
registered office establishment The establishment unit on the map
Ground area
2,324 m²
Building footprint
170 m²
Building volume
1,015 m³
Parcel 57081I0302/00G000, Wallonia · tallest building 8.2 m. Linked by address, not a title deed.
1 establishment unit
Chaussée de Willemeau(TOU) 208, 7500 Tournai
General construction of residential buildings
since 1996unit no. 2.076.980.430
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
57081I0302/00G000 Wallonia 2,324 m² 1 · 170 m² 8.2 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.