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VANDER SYPE & SMET - PROJECTS

Active
Private limited companyfounded 2014active for 12 yearsRaapwegel 2, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0544.502.570
Summary

VANDER SYPE & SMET - PROJECTS has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €222,223 and a net result of €49,562. Equity has been growing by about 18% per year since 2018. Its solvency ranks better than 52% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-01-2014 Normal situation
Activity
Plumbing work NACE 43221and 3 others
Establishment unit
2.226.341.030 9140 Temse, since 10-01-2014
Financial year end
31 December
Peppol
Reachable since 21-02-2025

Board and ownership

Board
  • Smet JeroenDirector

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€159,420
▲ 67.2%
Turnover
≈ €490,000
estimated
Profit
€49,562
▲ 11.2%
Equity
€222,223
▲ 28.7%
Total assets
€459,680
▲ 10.0%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.38, cash €18,172, halvedlowers riskSize: total assets €459,680Founded in 2014Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 73+7
equity 48.3% of total assets
Liquidity 30-5
short-term debt 49.4% · cash 4.0%
Profitability 82=
return on assets 10.8%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 3.1% 01-2025: 3.2%▲ +0.1 percentage points vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 3.2%● unchanged vs 02-2025 04-2025: 3.3%▲ +0.1 percentage points vs 03-2025 05-2025: 3.8%▲ +0.5 percentage points vs 04-2025highest value 06-2025: 0.5%▼ -3.3 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.2%▼ -0.3 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.38 (1.08 in 2024), below the usual 1.5. Short-term debt is 49.4% and cash 4% of total assets. 51.7% 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 43, micro). It does better than 52% of them on solvency, 19% on liquidity, 64% on profitability and 74% on growth.

The bankruptcy probability was computed on 02-11-2026 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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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €459,680
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 · Founded in 2014
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.38, cash €18,172, halved
NBB · annual accounts
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 28-04-2026, 94 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
94 days early
2024
93 days early
2023
71 days early
2022
25 days late
2021
78 days late
2020
16 days late
2019
93 days early
← 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 33 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 22 May (4 of the last 5 accounts filed within 95 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 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 86% of companies in specialised constructionsector median €10,221 · 34,933 companies €49,562 View
  • Positive: 8 profitable years in a rowprofit 2025: €49,562 8 years View

Recent changes

  1. · Gazette deed Registered office moved from Temse to Sint Niklaas
  2. · Gazette deed Incorporation
All 19 events

Comparable companies

These companies have the same main activity as VANDER SYPE & SMET - PROJECTS: plumbing work (NACE 43221). They are comparable in size and age: total assets between €401,000 and €493,000, founded between 2012 and 2014.

CompanyTotal assetsGross margin
VANDER SYPE & SMET - PROJECTS Sint-Niklaas€459,680€159,420
Sucaet Dimitri Kruisem€493,080€151,703
AWX Home Stekene€408,523€177,441
Tom De Plecker Knokke-Heist€456,578€153,062
Palm CV Retie€464,841€149,155
MATEMI Oostende€416,639€165,300
Dewyn Harelbeke€400,697€164,572
Full comparison

Key facts about VANDER SYPE & SMET - PROJECTS

What is the company number of VANDER SYPE & SMET - PROJECTS?
The company number of VANDER SYPE & SMET - PROJECTS is 0544.502.570. The VAT number is the same number with BE in front: BE 0544.502.570.
Where is VANDER SYPE & SMET - PROJECTS based?
The registered office is at Raapwegel 2, 9100 Sint-Niklaas.Company details
What does VANDER SYPE & SMET - PROJECTS do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of VANDER SYPE & SMET - PROJECTS?
The legal form of VANDER SYPE & SMET - PROJECTS is Private limited company (BV).
When was VANDER SYPE & SMET - PROJECTS founded?
VANDER SYPE & SMET - PROJECTS was founded on 17-01-2014.
Is VANDER SYPE & SMET - PROJECTS still active?
Yes, VANDER SYPE & SMET - PROJECTS is an active enterprise in the KBO register.
How many employees does VANDER SYPE & SMET - PROJECTS have?
VANDER SYPE & SMET - PROJECTS had an average of 0.4 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of VANDER SYPE & SMET - PROJECTS?
The turnover in financial year 2025 is ≈ €490,000. This figure is estimated from the gross margin of €159,420 and 87 comparable companies (NACE 432). It probably lies between €400,000 and €600,000.
Is VANDER SYPE & SMET - PROJECTS profitable?
In financial year 2025, VANDER SYPE & SMET - PROJECTS made a profit of €49,562.
Where can I find the annual accounts of VANDER SYPE & SMET - PROJECTS?
VANDER SYPE & SMET - PROJECTS filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VANDER SYPE & SMET - PROJECTS due?
VANDER SYPE & SMET - PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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