VANDEGUSTE & Fils
ActiveSummary
VANDEGUSTE & Fils has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69k and a net result of €8k. Equity is growing by ~25.4% per year across the filed fiscal years. Its solvency ranks better than 42% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-4
Solvency65▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.38 in 2024; short-term debt: 47.9% and cash: 50% of total assets), and 60.3% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
39.7%
Return on assets
4.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
21 d late
2023
29 d late
2022
24 d late
2021
18 d late
2020
24 d late
2019
39 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8k▼ 39.8%
2024 · €14k
2018: €23k
2019: €25k
2020: €24k
2021: €23k
2022: €17k
2023: €23k
2024: €14k
2018 → 2025
Working capital
€21k▼ 9.6%
2024 · €23k
2018: €-21k
2019: €-21k
2020: €-24k
2021: €-13k
2022: €-9k
2023: €21k
2024: €23k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€30k▲ 55.5%€53k▲ 76.7%€67k▲ 25.9%€69k▲ 4.1%
Operating result€32k-€28k▼ 11.6%€33k▲ 17.1%€20k▼ 39.7%€14k▼ 28.0%
Net result€23k-€17k▼ 23.9%€23k▲ 32.0%€14k▼ 40.2%€8k▼ 39.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 28% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €174k
Fixed assets
€70k ▼ 21.6%
Current assets
€104k ▲ 25.0%
Equity and liabilities €174k
Equity
€69k ▲ 4.1%
Debt
€105k ▼ 1.2%
Debt's share of the balance-sheet total falls from 61.5% to 60.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34k▲
2024 · €34k
Cash flow
€28k▲
2024 · €27k
Current ratio
1.25▼
2024 · 1.38
Quick ratio
1.07▼
2024 · 1.14
Debt to equity
1.52▼
2024 · 1.60
ROE
11.9%▼
2024 · 20.6%
ROA
4.7%▼
2024 · 7.9%
Interest coverage
16.52▼
2024 · 21.60
Debt ≤ 1 year
€83k▲
2024 · €60k
Debt > 1 year
€22k▼
2024 · €46k
Income taxes
€4k▼
2024 · €5k
Staff costs
€8k
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€173k€174k▲
Fixed assets21/28€90k€70k▼
Tangible fixed assets22/27€90k€70k▼
Land and buildings22€42k€35k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€46k€34k▼
Current assets29/58€83k€104k▲
Stocks and contracts in progress3€14k€14k▲
Stocks30/36€14k€14k▲
Amounts receivable within one year40/41€11k€3k▼
Trade receivables40€371€87▼
Other amounts receivable41€10k€3k▼
Cash at bank and in hand54/58€57k€87k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€173k€174k▲
Equity10/15€67k€69k▲
Contributions10/11€6k€6k=
Reserves13€18k€18k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€42k€45k▲
Amounts payable17/49€106k€105k▼
Amounts payable after more than one year17€46k€22k▼
Financial debts170/4€46k€22k▼
Amounts payable within one year42/48€60k€83k▲
Current portion of amounts payable after more than one year42€9k€9k▲
Financial debts43€15k€15k▲
Other loans439€15k€15k▲
Trade debts44€5k€9k▲
Suppliers440/4€5k€9k▲
Advances received on contracts in progress46€19k€33k▲
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€7k€3k▼
Remuneration and social security454/9-€3k
Other amounts payable47/48€6k€10k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€8k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€19k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€36k€44k▲
Operating profit (loss)9901€20k€14k▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€19k€12k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€14k€8k▼
Profit (loss) for the period to be appropriated9905€14k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€50k▲
Profit (loss) brought forward from the previous period14P€34k€42k▲
Transfer from equity791/2-€6k
Transfer to equity691/2€6k€6k=
To other reserves6921€6k€6k=
Profit to be distributed694/7-€6k
Return on contributions (dividend)694-€6k
The notes to these accounts (6 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €8k ▼39.8%
Net result drops to €8k, the lowest in the series.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 39 days late
2019
31-12
Financial
Highest result since 2018net €25k ▲11%
Net result €25k, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Chièvres · 1 establishment unit since 2012
Ground area
894 m²
Building footprint
685 m²
Volume, LiDAR
3,445 m³
Parcel 51014C0120/00Z002, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vandeguste & Fils SPRL
since 20122.208.954.571
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51014C0120/00Z002 | Wallonia | 894 m² | 1 · 685 m² | 6.7 m · 2 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.
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Of 8,561 companies in sector 43410 we hold annual accounts for 4,357. 3,774 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 formPrivate limited company
Founded03-02-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
16230Manufacture of other builders' carpentry and joinery
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:ndekeyser@hotmail.com
Phone:068 28 66 84
Fax:068 28 00 31