VANDEPUTTE CONSTRUCT
ActiveSummary
VANDEPUTTE CONSTRUCT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €809,899 and a net result of €146,906. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 87% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▼-7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity ample (current ratio 4.76 against 6.16 in 2024; short-term debt: 18.1% and cash: 44.8% of total assets), and 18.1% of the assets are financed with debt.
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Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
81.9%
Return on assets
14.8%
Age of the figures
9 mo
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
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
49 d early
2023
58 d early
2022
54 d early
2021
60 d early
2020
60 d early
2019
66 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 58 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 4 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, micro schema
Equity
€809,899▲ 3.7%
2024 · €780,939
Total assets
€989,421▲ 9.8%
2024 · €900,940
Net result
€146,906▼ 18.9%
2024 · €181,122
Working capital
€674,613▲ 8.9%
2024 · €619,752
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€97,680▲ 101%€169,131▲ 73.1%€212,517▲ 25.7%€224,768▲ 5.8%€219,104▼ 2.5%
Net result€72,859above the sector's middle half▲ 106%€124,306above the sector's middle half▲ 70.6%€154,985above the sector's middle half▲ 24.7%€181,122above the sector's middle half▲ 16.9%€146,906above the sector's middle half▼ 18.9%
Equity€433,104above the sector's middle half▲ 20.2%€557,410above the sector's middle half▲ 28.7%€712,395above the sector's middle half▲ 27.8%€780,939above the sector's middle half▲ 9.6%€809,899above the sector's middle half▲ 3.7%
Total assets€499,078above the sector's middle half▲ 13.1%€629,863above the sector's middle half▲ 26.2%€771,570above the sector's middle half▲ 22.5%€900,940above the sector's middle half▲ 16.8%€989,421above the sector's middle half▲ 9.8%
Debt€65,974▼ 18.5%€72,453▲ 9.8%€59,175▼ 18.3%€120,001▲ 103%€179,522▲ 49.6%
Working capital€372,310above the sector's middle half▲ 28.0%€440,840above the sector's middle half▲ 18.4%€566,874above the sector's middle half▲ 28.6%€619,752above the sector's middle half▲ 9.3%€674,613above the sector's middle half▲ 8.9%
Solvency86.8%above the sector's middle half▲ 5.1pp88.5%above the sector's middle half▲ 1.7pp92.3%above the sector's middle half▲ 3.8pp86.7%above the sector's middle half▼ 5.7pp81.9%above the sector's middle half▼ 4.8pp
Current ratio7.11above the sector's middle half▲ 1.807.08above the sector's middle half▼ 0.0210.58above the sector's middle half▲ 3.506.16above the sector's middle half▼ 4.424.76above the sector's middle half▼ 1.41
Return on assets (ROA)14.6%within the sector's middle half▲ 6.6pp19.7%above the sector's middle half▲ 5.1pp20.1%above the sector's middle half▲ 0.4pp20.1%above the sector's middle half=14.8%within the sector's middle half▼ 5.3pp
Staff (FTE)1.3▲ 8.3%1.7▲ 30.8%2.2▲ 29.4%2.2=2.2=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €989,421
Fixed assets
€135,286 ▼ 16.1%
Current assets
€854,135 ▲ 15.5%
Equity and liabilities €989,421
Equity
€809,899 ▲ 3.7%
Debt
€179,522 ▲ 49.6%
Debt's share of the balance-sheet total rises from 13.3% to 18.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€246,938▲
2024 · €246,002
Cash flow
€174,740▼
2024 · €202,356
Debt to equity
0.22▲
2024 · 0.15
ROE
18.1%▼
2024 · 23.2%
Interest coverage
24.07▼
2024 · 128.01
Debt ≤ 1 year
€179,522▲
2024 · €120,001
Income taxes
€62,344▼
2024 · €77,196
Staff costs
€130,345▲
2024 · €100,137
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,679 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €67,827 | €72,411 | €80,901 | €100,137 | €130,345 | ▲ 30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,836 | €17,406 | €15,833 | €21,234 | €27,834 | ▲ 31.1% |
| Other operating charges640/8 | €2,106 | €2,177 | €2,270 | €2,922 | €2,980 | ▲ 2.0% |
| Gross operating margin9900 | €187,449 | €261,125 | €311,521 | €349,061 | €380,263 | ▲ 8.9% |
| Operating profit (loss)9901 | €97,680 | €169,131 | €212,517 | €224,768 | €219,104 | ▼ 2.5% |
| Financial income75/76B | €3,579 | €2,226 | €9,748 | €35,472 | €404 | ▼ 98.9% |
| Recurring financial income75 | €3,579 | €2,226 | €9,748 | €35,472 | €404 | ▼ 98.9% |
| Financial charges65/66B | €536 | €504 | €854 | €1,922 | €10,258 | ▲ 434% |
| Recurring financial charges65 | €536 | €504 | €854 | €1,922 | €10,258 | ▲ 434% |
| Profit (loss) for the period before taxes9903 | €100,723 | €170,853 | €221,411 | €258,318 | €209,250 | ▼ 19.0% |
| Income taxes67/77 | €27,865 | €46,547 | €66,425 | €77,196 | €62,344 | ▼ 19.2% |
| Profit (loss) for the period9904 | €72,859 | €124,306 | €154,985 | €181,122 | €146,906 | ▼ 18.9% |
| Profit (loss) for the period to be appropriated9905 | €72,859 | €124,306 | €154,985 | €181,122 | €146,906 | ▼ 18.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €499,078 | €629,863 | €771,570 | €900,940 | €989,421 | ▲ 9.8% |
| Fixed assets21/28 | €65,792 | €116,570 | €145,521 | €161,187 | €135,286 | ▼ 16.1% |
| Tangible fixed assets22/27 | €65,657 | €116,435 | €145,386 | €161,052 | €135,151 | ▼ 16.1% |
| Land and buildings22 | €53,453 | €114,416 | €105,907 | €95,147 | €84,388 | ▼ 11.3% |
| Plant, machinery and equipment23 | €2,565 | €1,961 | €1,358 | €754 | €1,492 | ▲ 97.7% |
| Furniture and vehicles24 | €9,640 | €58 | €38,122 | €65,151 | €49,271 | ▼ 24.4% |
| Financial fixed assets28 | €135 | €135 | €135 | €135 | €135 | = |
| Current assets29/58 | €433,285 | €513,293 | €626,049 | €739,752 | €854,135 | ▲ 15.5% |
| Amounts receivable within one year40/41 | €99,297 | €65,904 | €48,605 | €120,976 | €157,778 | ▲ 30.4% |
| Trade receivables40 | €69,890 | €43,862 | €23,191 | €86,842 | €104,095 | ▲ 19.9% |
| Other amounts receivable41 | €29,407 | €22,041 | €25,414 | €34,134 | €53,683 | ▲ 57.3% |
| Current investments50/53 | €138,286 | €138,286 | €207,211 | €237,106 | €251,368 | ▲ 6.0% |
| Cash at bank and in hand54/58 | €195,703 | €309,103 | €362,266 | €376,792 | €443,415 | ▲ 17.7% |
| Deferred charges and accrued income490/1 | - | - | €7,966 | €4,878 | €1,574 | ▼ 67.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €499,078 | €629,863 | €771,570 | €900,940 | €989,421 | ▲ 9.8% |
| Equity10/15 | €433,104 | €557,410 | €712,395 | €780,939 | €809,899 | ▲ 3.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €414,504 | €538,810 | €693,795 | €762,339 | €791,299 | ▲ 3.8% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €412,644 | €536,950 | €691,935 | €760,479 | €789,439 | ▲ 3.8% |
| Amounts payable17/49 | €65,974 | €72,453 | €59,175 | €120,001 | €179,522 | ▲ 49.6% |
| Amounts payable after more than one year17 | €4,999 | - | - | - | - | - |
| Financial debts170/4 | €4,999 | - | - | - | - | - |
| Amounts payable within one year42/48 | €60,975 | €72,453 | €59,175 | €120,001 | €179,522 | ▲ 49.6% |
| Current portion of amounts payable after more than one year42 | €8,314 | €4,999 | - | - | - | - |
| Trade debts44 | €11,396 | €23,323 | €17,267 | €68,789 | €124,779 | ▲ 81.4% |
| Suppliers440/4 | €11,396 | €23,323 | €17,267 | €68,789 | €124,779 | ▲ 81.4% |
| Taxes, remuneration and social security45 | €19,074 | €20,537 | €22,305 | €33,235 | €36,984 | ▲ 11.3% |
| Taxes450/3 | €12,042 | €12,548 | €15,818 | €21,959 | €33,533 | ▲ 52.7% |
| Remuneration and social security454/9 | €7,032 | €7,989 | €6,487 | €11,276 | €3,451 | ▼ 69.4% |
| Other amounts payable47/48 | €22,191 | €23,594 | €19,603 | €17,977 | €17,759 | ▼ 1.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €72,859 | €124,306 | €154,985 | €181,122 | €146,906 | ▼ 18.9% |
| + Depreciation and write-downs630 | €19,836 | €17,406 | €15,833 | €21,234 | €27,834 | ▲ 31.1% |
| Operating cash flow (approximation) | €92,695 | €141,712 | €170,818 | €202,356 | €174,740 | ▼ 13.6% |
| Investment in fixed assets (approximation) | - | -€68,183 | -€44,784 | -€36,900 | -€1,932 | ▲ 94.8% |
| Change in cash | - | €113,401 | €53,163 | €14,526 | €66,623 | ▲ 359% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €181,122 ▲16.9%
Operating result €224,768, net result €181,122, both a record.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €500,000Eq €557,410 ▲28.7%
5 profitable years in a row build equity to €557,410.
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Tielt · 1 establishment unit since 2011
Ground area
723 m²
Building footprint
184 m²
Parcel 37004B0728/00M000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Aarselekapellestraat 7, 8700 Tielt
since 20112.199.176.575
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37004B0728/00M000 | Flanders | 723 m² | 1 · 183 m² | - |
Linked by address, not proof of ownership
Good to know
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
2022 · 1 entry · 323 EUR awarded · 323 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 323 EUR | 323 EUR |
Recognitions · licences · registrations
Recognised contractor
5 categoriesVANDEPUTTE CONSTRUCT BV40824
Dual-learning approval
1 endedPlaatser buitenschrijnwerk (so)
Legal Entity Identifier
96760081KVSO2UM37V30
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 4,893 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
43429Specialised construction activities
43910Bricklaying and masonry work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0833309281
Registered
05-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.