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VANDEN HOLE

Active
Private limited companyfounded 1988active for 38 yearsHoutenkruisstraat 25, 9310 Aalst, BelgiumKBO/BCE: BE 0435.290.468
Summary

VANDEN HOLE has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192,193 and a net result of €74,967. Equity has been stable since 2018 (±0.2% per year). Its solvency ranks better than 41% of 13,749 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-09-1988 Normal situation
Activity
Wholesale of machine tools NACE 46620and 1 other
Establishment unit
2.040.348.874 9420 Erpe-Mere, since 05-10-1988
Financial year end
31 December
Peppol
Reachable since 17-12-2025

Board and ownership

Board
and 1 other

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€132,069
▲ 53.8%
Turnover
≈ €660,000
estimated
Profit
€74,967
▲ 20.6%
Equity
€192,193
▲ 64.0%
Total assets
€674,751
▲ 17.2%
Score breakdownlowers riskFounded in 1988Size: total assets €674,751Figures for financial year 2025 (filed on 05-08-2026)Liquidity: current ratio 0.49, cash €156,594Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 61% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 53+8
equity 28.5% of total assets
Liquidity 41+31
short-term debt 71.5% · cash 23.2%
Profitability 83+1
return on assets 11.1%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,896 companies, NACE 46, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.4 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.49 (0.25 in 2024), below 1. Short-term debt is 71.5% and cash 23.2% of total assets. 71.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 39% of them on solvency, 38% on liquidity, 76% on profitability and 90% on growth.

The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskneutral
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €674,751
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 05-08-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.49, cash €156,594
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €192,193
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
8 days early
2023
27 days late
2022
4 days early
2021
9 days late
2020
27 days late
2019
34 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · 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 30 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 90% of companies in wholesale tradesector median €5,648 · 13,755 companies €74,967 View
  • Positive: Equity rose in 2025from €117,227 to €192,193 ▲ 64.0% View
  • New directorlatest change 01-09-2026 · 4 in office 1 joined View

Recent changes

  1. · Gazette deed Appointment: Vanden Hole Davy (director)
  2. · Gazette deed 3 reappointedReappointments: VANDEN HOLE Marc, DE CLERCK Carina Paula Francine and VANDEN HOLE Cindy · Permanent representative: VANDEN HOLE Marc · “Reinigingsmachines en-systemen,hun toebehoren en de respectievelijke reinigingsmiddelen…” (deed in Dutch)
  3. · Gazette deed Resignation: Vanden Hole Davy (director)
All 21 events

Comparable companies

These companies have the same main activity as VANDEN HOLE: wholesale of machine tools (NACE 46620). They are comparable in size and age: total assets between €447,000 and €774,000, founded between 1986 and 1989.

CompanyTotal assetsGross margin
VANDEN HOLE Aalst€674,751€132,069
PROMEBAT Anderlues€688,063€148,111
SABVA Profondeville€600,595€105,173
APPRO-TECHNO Couvin€589,967€139,947
FULL ACCESSORIES AND SPARE PARTS Herve€774,361€187,392
ETABLISSEMENTS ALLARD ET FILS Bouillon€713,258€87,104
VAN HOUT J. Lier€447,254€139,098
Full comparison

Key facts about VANDEN HOLE

What is the company number of VANDEN HOLE?
The company number of VANDEN HOLE is 0435.290.468. The VAT number is the same number with BE in front: BE 0435.290.468.
Where is VANDEN HOLE based?
The registered office is at Houtenkruisstraat 25, 9310 Aalst.Company details
What does VANDEN HOLE do?
According to the KBO register, the main activity is wholesale of machine tools (NACE 46620).
What is the legal form of VANDEN HOLE?
The legal form of VANDEN HOLE is Private limited company (BV).
When was VANDEN HOLE founded?
VANDEN HOLE was founded on 21-09-1988.
Is VANDEN HOLE still active?
Yes, VANDEN HOLE is an active enterprise in the KBO register.
What is the turnover of VANDEN HOLE?
The turnover in financial year 2025 is ≈ €660,000. This figure is estimated from the gross margin of €132,069 and 58 comparable companies (NACE 46). It probably lies between €330,000 and €1.2m.Financials
Is VANDEN HOLE profitable?
In financial year 2025, VANDEN HOLE made a profit of €74,967.
Where can I find the annual accounts of VANDEN HOLE?
VANDEN HOLE filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VANDEN HOLE due?
VANDEN HOLE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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