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VANDEPOEL

Active
Private limited companyfounded 198640 yrs activeRunkstersteenweg 341, 3500 Hasselt, BelgiumKBO/BCE: BE 0428.636.268
Summary

VANDEPOEL has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.46M and a net result of €46k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 73% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
74 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+30
Solvency92▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 2.46 against 1.09 in 2023; short-term debt: 4.3% and cash: 1.5% of total assets), and 32.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 40 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
67.4%
Return on assets
2.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
27 d late
2022
29 d late
2021
25 d late
2020
30 d late
2019
111 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

Financials · fiscal year 2024, micro schema

Equity
€1.46M▲ 3.2%
2023 · €1.42M
2018: €1.40M 2019: €1.38M 2020: €1.39M 2021: €1.39M 2022: €1.41M 2023: €1.42M
2018 → 2024
Total assets
€2.17M▼ 5.8%
2023 · €2.30M
2018: €2.67M 2019: €2.58M 2020: €2.49M 2021: €2.49M 2022: €2.42M 2023: €2.30M
2018 → 2024
Net result
€46k▲ 1,454%
2023 · €3k
2018: €-15k 2019: €-17k 2020: €2k 2021: €7k 2022: €25k 2023: €3k
2018 → 2024
Working capital
€136k▲ 880%
2023 · €14k
2018: €-53k 2019: €-53k 2020: €-64k 2021: €-63k 2022: €-80k 2023: €14k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€1.39M-€1.39M▲ 0.4%€1.41M▲ 1.7%€1.42M▲ 0.1%€1.46M▲ 3.2%
Operating result€21k-€46k▲ 122%€49k▲ 7.1%€108k▲ 121%€66k▼ 39.0%
Net result€2k-€7k▲ 270%€25k▲ 244%€3k▼ 88.0%€46k▲ 1,454%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2020: €21k€21kNet result 2020: €2k€2kOperating result 2021: €46k€46kNet result 2021: €7k€7kOperating result 2022: €49k€49kNet result 2022: €25k€25kOperating result 2023: €108k€108kNet result 2023: €3k€3kOperating result 2024: €66k€66kNet result 2024: €46k€46k20202021202220232024€0€50k€100kOperating result 2022: €49k€49kNet result 2022: €25k€25kOperating result 2023: €108k€108kNet result 2023: €3k€3kOperating result 2024: €66k€66kNet result 2024: €46k€46k202220232024
The operating result falls in 2024; 2024 is 39% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.17M
Fixed assets €1.94M ▼ 9.2%
Current assets €229k ▲ 38.1%
Equity and liabilities €2.17M
Equity €1.46M ▲ 3.2%
Provisions €14k ▲ 47.7%
Debt €693k ▼ 20.8%
Debt's share of the balance-sheet total falls from 38.1% to 32.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€219k
2023 · €255k
Cash flow
€199k
2023 · €150k
Current ratio
2.46
2023 · 1.09
Debt to equity
0.47
2023 · 0.62
ROE
3.2%
2023 · 0.2%
ROA
2.1%
2023 · 0.1%
Interest coverage
16.28
2023 · 2.65
Debt ≤ 1 year
€93k
2023 · €152k
Debt > 1 year
€600k
2023 · €724k
Income taxes
€4k
2023 · €598
Staff costs
€1k
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 · 2024 against 2023 · 56 lines
Balance sheet Code20232024
Assets
Total assets20/58€2.30M€2.17M
Fixed assets21/28€2.13M€1.94M
Tangible fixed assets22/27€2.11M€1.93M
Land and buildings22€2.04M€1.74M
Plant, machinery and equipment23€1k€16k
Other tangible fixed assets26€67k€178k
Financial fixed assets28€27k€7k
Current assets29/58€166k€229k
Amounts receivable within one year40/41€7k€47k
Trade receivables40€6k€6k
Other amounts receivable41€1k€41k
Current investments50/53€10k€150k
Cash at bank and in hand54/58€142k€32k
Deferred charges and accrued income490/1€7k-
Equity and liabilities
Total equity and liabilities10/49€2.30M€2.17M
Equity10/15€1.42M€1.46M
Contributions10/11€1.24M€1.24M=
Reserves13€152k€166k
Non-distributable reserves130/1€124k€124k=
Reserves not available under the articles1311€124k€124k=
Tax-exempt reserves132€28k€42k
Profit (loss) carried forward14€26k€57k
Provisions and deferred taxes16€9k€14k
Deferred taxes168€9k€14k
Amounts payable17/49€876k€693k
Amounts payable after more than one year17€724k€600k
Financial debts170/4€647k€586k
Other amounts payable178/9€77k€14k
Amounts payable within one year42/48€152k€93k
Current portion of amounts payable after more than one year42€59k€60k
Trade debts44€17k€27k
Suppliers440/4€17k€27k
Taxes, remuneration and social security45€23k€4k
Taxes450/3€23k€4k
Other amounts payable47/48€53k€2k
Income statement Code20232024
Remuneration, social security and pensions62-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€147k€152k
Other operating charges640/8€35k€34k
Gross operating margin9900€290k€254k
Operating profit (loss)9901€108k€66k
Financial income75/76B€8€2k
Recurring financial income75€8€2k
Financial charges65/66B€96k€13k
Recurring financial charges65€96k€13k
Profit (loss) for the period before taxes9903€12k€54k
Transfer from deferred taxes780€15k€8k
Transfer to deferred taxes680€24k€13k
Income taxes67/77€598€4k
Profit (loss) for the period9904€3k€46k
Transfer from tax-exempt reserves789€44k€25k
Transfer to tax-exempt reserves689€71k€39k
Profit (loss) for the period to be appropriated9905€-24k€33k
Appropriation of the result
Profit (loss) to be appropriated9906€28k€59k
Profit (loss) brought forward from the previous period14P€52k€26k
Profit to be distributed694/7€2k€2k
Return on contributions (dividend)694€2k€2k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial Highest result since 2018net €46k ▲1454%
Net result €46k, the highest in the series.
31-12
Financial Liquidity doublescurrent ratio 2.46
Current ratio from 1.09 to 2.46; short-term debt falls from €152k to €93k.
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial Liquidity times 6current ratio 1.09
Current ratio from 0.18 to 1.09.
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
25-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Back to profitnet €2k
Net result €2k after 2 loss-making years.
19-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 111 days late
06-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 219 days late
2019
31-12
Financial Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
Show earlier events
2018
05-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 66 days late
2017
18-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 49 days late
2016
05-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 36 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
9 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, Hasselt · 1 establishment unit since 1986
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Runkstersteenweg 3413500 Hasselt
Ground area
941 m²
Building footprint
286 m²
Volume, LiDAR
1,228 m³
Parcel 71325F0751/00Y003, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VANDEPOEL
Runkstersteenweg 341, 3500 HasseltManufacture of machinery and equipment not elsewhere classified
since 19862.037.309.707
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71325F0751/00Y003 Flanders 941 m² 1 · 285 m² 9.1 m · 1 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.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 878 EUR awarded · 878 EUR paid
Year Entries awardedpaid
2025 1 878 EUR878 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 878 EUR · 878 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 3,501 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
Founded11-03-1986
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers

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

General meetings

1 convocation
Extraordinary general meeting
on 02-07-2007 at 14u · published 15-06-2007
Agenda
1. Verslag van de raad van bestuur en van de commissaris per compartiment. 2. Goedkeuring van de jaarrekening per 31 maart 2007 en van het voorstel tot winstverdeling per compartiment. Voorstel van besluit : de raad van bestuur stelt voor de jaarrekening per 31 maart 2007 en het voorstel tot winstverdeling per compartiment goed te keuren. 3. Kwijting aan de bestuurders en de commissaris per compartiment. Voorstel van besluit : de raad van bestuur stelt voor de bestuurders en de commissaris kwijting te verlenen per compartiment. 4. Sluiting van de vereffening van vervallen compartimenten. Voorstel van besluit : De raad van bestuur stelt voor de vereffening van de compartimenten die het afgelo ...