VANDEN BORRE
ActiveSummary
For VANDEN BORRE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €597k and a net result of €-31k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 24633 sector peers (fiscal year 2023). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability8▼-49
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
92.3%
Return on assets
-4.9%
Age of the figures
33 mo
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 · 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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-12-2024, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
153 d late
2022
151 d late
2021
141 d late
2020
122 d late
2019
73 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€196k▼ 22.8%
2022 · €254k
2018: €521k
2019: €352k
2020: €207k
2021: €187k
2022: €254k
2018 → 2023
EBIT margin
-13.0%▼ 12.2pp
2022 · -0.7%
2018: -5.8%
2019: -39.1%
2020: -231.9%
2021: -23.2%
2022: -0.7%
2018 → 2023
Net result
€-31k
2022 · €3k
2018: €-36k
2019: €-143k
2020: €728k
2021: €-40k
2022: €3k
2018 → 2023
Working capital
€624k▼ 3.5%
2022 · €647k
2018: €81k
2019: €-22k
2020: €723k
2021: €635k
2022: €647k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€352k-€207k▼ 41.2%€187k▼ 9.6%€254k▲ 35.9%€196k▼ 22.8%
Equity€-62k-€666k€626k▼ 6.0%€629k▲ 0.4%€597k▼ 5.0%
Operating result€-138k-€-479k▼ 248%€-43k▲ 91.0%€-2k▲ 95.7%€-25k▼ 1,254%
Net result€-143k-€728k€-40k€3k€-31k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2023 against €2k in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €647k
Fixed assets
€18k ▼ 34.0%
Current assets
€629k ▼ 5.9%
Equity and liabilities €647k
Equity
€597k ▼ 5.0%
Provisions
€3k =
Debt
€47k ▼ 27.6%
Debt's share of the balance-sheet total falls from 9.2% to 7.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-16k▼
2022 · €8k
Cash flow
€-22k▼
2022 · €13k
Debt to equity
0.08▼
2022 · 0.10
ROE
-5.3%▼
2022 · 0.4%
ROA
-4.9%▼
2022 · 0.4%
Interest coverage
-14.03▼
2022 · 57.90
Debt ≤ 1 year
€4k▼
2022 · €21k
Debt > 1 year
€42k▼
2022 · €43k
Income taxes
€13k
Staff costs
€94k▲
2022 · €91k
A ratio outside any meaningful range has been withheld (balance sheet total €647k, equity €597k).
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 · 2023 against 2022 · 48 lines
Balance sheet
Code20222023
Assets
Total assets20/58€696k€647k▼
Fixed assets21/28€28k€18k▼
Tangible fixed assets22/27€28k€18k▼
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€21k€12k▼
Current assets29/58€668k€629k▼
Amounts receivable after more than one year29€394k€404k▲
Trade receivables290€144k€149k▲
Other amounts receivable291€250k€255k▲
Amounts receivable within one year40/41€141k€156k▲
Trade receivables40€130k€156k▲
Other amounts receivable41€10k-
Cash at bank and in hand54/58€133k€68k▼
Equity and liabilities
Total equity and liabilities10/49€696k€647k▼
Equity10/15€629k€597k▼
Contributions10/11€157k€157k=
Reserves13€17k€17k=
Tax-exempt reserves132€991€991=
Distributable reserves133€16k€16k=
Profit (loss) carried forward14€455k€423k▼
Provisions and deferred taxes16€3k€3k=
Provisions for liabilities and charges160/5€3k€3k=
Other liabilities and charges164/5€3k€3k=
Amounts payable17/49€64k€47k▼
Amounts payable after more than one year17€43k€42k▼
Financial debts170/4€43k€42k▼
Amounts payable within one year42/48€21k€4k▼
Taxes, remuneration and social security45€9k€4k▼
Taxes450/3€9k€4k▼
Other amounts payable47/48€12k-
Income statement
Code20222023
Turnover70€254k€196k▼
Goods, raw materials, services and sundry goods60/61€155k€117k▼
Remuneration, social security and pensions62€91k€94k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€888€2k▲
Gross operating margin9900€99k€80k▼
Operating profit (loss)9901€-2k€-25k▼
Financial income75/76B€5k€9k▲
Recurring financial income75€5k€9k▲
Non-recurring financial income76B€5k€9k▲
Financial charges65/66B€136€1k▲
Recurring financial charges65€136€1k▲
Profit (loss) for the period before taxes9903€3k€-18k▼
Income taxes67/77-€13k
Profit (loss) for the period9904€3k€-31k▼
Profit (loss) for the period to be appropriated9905€3k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€455k€423k▼
Profit (loss) brought forward from the previous period14P€452k€455k▲
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
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
31-12
Financial
Liquidity times 5current ratio 151.21
Current ratio from 31.57 to 151.21; short-term debt falls from €21k to €4k.
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 151 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 31.57
Current ratio from 10.95 to 31.57; short-term debt falls from €64k to €21k.
19-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 141 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
31-12
Financial
Back to profitnet €728k
Net result €728k after 2 loss-making years.
31-12
Financial
Liquidity times 14current ratio 12.12
Current ratio from 0.84 to 12.12; short-term debt falls from €141k to €65k.
31-12
Financial
Equity above €500kEq €666k
Equity rises from €-62k to €666k.
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 73 days late
2019
31-12
Financial
Weakest financial yearnet €-143k
Net result drops to €-143k, the lowest in the series; recovery starts the following year.
Show earlier events
15-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 107 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Gent · 1 establishment unit since 2002
Ground area
1,449 m²
Building footprint
198 m²
Volume, LiDAR
1,259 m³
Parcel 44038A0419/00S000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
TEGELCENTRALE VANDEN BORRE
since 20022.095.932.844
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44038A0419/00S000 | Flanders | 1,449 m² | 1 · 198 m² | 9.5 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.
Similar companies · same sector, comparable size
AMERLOO
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VAN DEN BROECK FREDDIE
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Haacht · Eq €598,090
SANIMEX
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ETABLISSEMENTS CAUCHIE
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Ath · Eq €596,067
Maison WILLEMS
BE 0416.027.951
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Of 1,719 companies in sector 47521 we hold annual accounts for 1,288. 1,007 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 (pre-2019)
Founded09-05-2001
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
43331Floor and wall tiling
43990Other specialised construction activities
46831Wholesale of construction materials, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.