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VANDENBERGHE

Active
Private limited companyfounded 196858 yrs activeKruiskalsijdestraat 8, 8900 Ieper, BelgiumKBO/BCE: BE 0405.520.673
Summary

The computed 12-month bankruptcy probability of VANDENBERGHE is 1.5% (moderate). The 2025 annual accounts show equity of €564,988 and a net result of €43,712. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 15% of 9042 sector peers (fiscal year 2025). The company has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Plumbing work
NACE 43221NACE 45331NACE 45332
#7 employer in Ypres, Construction sector1 site
Size
€4.2mtotal assets 2025
Staff
29.3 FTE
Equity
€564,988
Profit
€43,712
Turnover not published (abridged schema)
Financial health
62 Healthy Checked score 2025
Bankruptcy chance 12 m
1.5%
Structure
Parent
KPO SOLUTIONS · 100%
Accounts 144 d early0 of 6 deeds read
Why 62- Equity €564,988 (13.5% of total assets)- Liquidity: current ratio 1.36, cash €59,887- Sector Specialised construction activities (NACE 43)- Size: 29.3 FTE, total assets €4.2mShow the evidence

Checked score

Score 2025
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 25% of its sector peers (NACE 43, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 39+2
equity 13.5% of total assets
Liquidity 18+9
short-term debt 64.2% · cash 1.4%
Profitability 42+23
return on assets 1.0%
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,633 companies)
Last 24 months 11-2024: 0.5%lowest value 12-2024: 0.5%● 0.0% vs 11-2024lowest value 01-2025: 0.5%● 0.0% vs 12-2024lowest value 02-2025: 0.5%● 0.0% vs 01-2025lowest value 03-2025: 0.5%● 0.0% vs 02-2025lowest value 04-2025: 0.5%▲ +4.5% vs 03-2025 05-2025: 0.5%▲ +1.0% vs 04-2025 06-2025: 0.6%▲ +7.9% vs 05-2025 07-2025: 0.7%▲ +18.3% vs 06-2025 08-2025: 1.0%▲ +50.8% vs 07-2025 09-2025: 2.2%▲ +120% vs 08-2025 10-2025: 2.2%● 0.0% vs 09-2025 11-2025: 2.2%● 0.0% vs 10-2025 12-2025: 2.2%● 0.0% vs 11-2025 01-2026: 2.2%● 0.0% vs 12-2025 02-2026: 2.2%▲ +1.5% vs 01-2026 03-2026: 2.3%▲ +1.2% vs 02-2026highest value 04-2026: 1.5%▼ -32.4% vs 03-2026 05-2026: 1.5%● 0.0% vs 04-2026 06-2026: 1.5%● 0.0% vs 05-2026 07-2026: 1.5%● 0.0% vs 06-2026 08-2026: 1.5%● 0.0% vs 07-2026 09-2026: 1.5%● 0.0% vs 08-2026 10-2026: 1.5%● 0.0% vs 09-2026
  • Equity €564,988 (13.5% of total assets) raises the probability
  • Liquidity: current ratio 1.36, cash €59,887 raises the probability
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Size: 29.3 FTE, total assets €4.2m raises the probability for this profile
Credit up to €35,000 at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.11 in 2024; short-term debt: 64.2% and cash: 1.4% of total assets), and 86.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, small). Better than this share of them on solvency 14%, liquidity 9%, profitability 18%, growth against the median 58%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Equity €564,988 (13.5% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.36, cash €59,887
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Size: 29.3 FTE, total assets €4.2m
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 9042 sector peers (2025).
NBB · sector comparison
Position among 9042 sector peers
Solvency
better than 15%
← weakest strongest →
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 09-03-2026, 144 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
144 d early
2024
29 d late
2023
154 d early
2023
1 d early
2022
22 d late
2021
28 d early
2020
121 d early
← 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 57 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

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. Usually files around 9 March (3 of the last 3 filed years within 173 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Back to profitnet €43,712
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Back in profit in 2025after -€197,530 in 2024 €43,712 View
  • Caution: Among the weakest 15% on solvencysector median 44.2% · 9,042 companies 13.5% View
  • Controlled by KPO SOLUTIONS 100% View
  • Active since 1968founded 01-01-1968 58 years View

By topic

Financials

Fiscal year
2025
Total assets
€4.2m
Profit
€43,712
Solvency
13.5%
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 09-03-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 29-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Plumbing workNACE 43221
Founded
01-01-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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