Equity
VANDERBAUT paid out €86,647 in dividends. That is 334% of the 2025 profit.
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VANDERBAUT paid out €86,647 in dividends. That is 334% of the 2025 profit.
The result fell in 2025 from €194,387 to €25,968.
The micro format states no turnover.
Short-term debts fell from €245,578 to €41,995.
The last five annual accounts were filed 33 to 41 days before the end of the period.
Higher solvency than 95% of companies in construction of buildings. Sector median 42.9% · 9,471 companies.
In July 2024, 6,049 companies had the same profile as VANDERBAUT has now. Each dot stands for 16 companies, two years later.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,049 companies, not a prediction for VANDERBAUT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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| Company | ||||
|---|---|---|---|---|
| VANDERBAUT Bruges | €741,670 | €44,755 | 93.9% | - |
| GWS Bruges | €755,669 | €48,216 | 24.3% | - |
| HEINS FRERES Limbourg | €699,218 | €49,813 | 68.5% | - |
| DEWOLA CONSULTING Zottegem | €811,112 | €41,162 | 92.1% | - |
| IVD-Reno Rijkevorsel | €632,048 | €51,460 | 15.0% | - |
| VREYS J. Mol | €877,967 | €41,411 | 90.2% | - |
| Oaze Ranst | €603,626 | €38,618 | 48.6% | - |
These companies have the same main activity as VANDERBAUT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €604,000 and €878,000, founded between 2007 and 2011.
VANDERBAUT files the micro format. That format states no turnover. The gross margin rose from €31,179 in 2010 to €44,755 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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