Vanderheyden
ActiveSummary
Vanderheyden has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €221,157 and a net result of €74. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 50% of 397 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▲+1
Solvency67▲+4
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.43 in 2024; short-term debt: 57% and cash: 0.3% of total assets), and 58.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer 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
41.6%
Return on assets
0%
Age of the figures
9 mo
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
66 d early
2023
37 d early
2022
37 d early
2021
30 d late
2020
31 d late
2019
34 d late
← 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 14 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 24 June (4 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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Financials · fiscal year 2025, full schema
In the rankings
#3 oldest company in Lontzen
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€74▼ 91.2%
2024 · €841
Working capital
€144,773▲ 1.0%
2024 · €143,408
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, 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€21,325▲ 43.4%€12,793▼ 40.0%€16,470▲ 28.7%€20,671▲ 25.5%€15,303▼ 26.0%
Net result€12,706within the sector's middle half▲ 206%€716within the sector's middle half▼ 94.4%€53below the sector's middle half▼ 92.6%€841within the sector's middle half▲ 1,481%€74below the sector's middle half▼ 91.2%
Equity€274,474within the sector's middle half▲ 4.9%€275,189within the sector's middle half▲ 0.3%€220,242within the sector's middle half▼ 20.0%€221,083within the sector's middle half▲ 0.4%€221,157within the sector's middle half=
Total assets€550,495within the sector's middle half▼ 6.8%€673,653within the sector's middle half▲ 22.4%€614,183within the sector's middle half▼ 8.8%€574,693within the sector's middle half▼ 6.4%€531,218below the sector's middle half▼ 7.6%
Debt€276,022▼ 16.1%€398,464▲ 44.4%€393,941▼ 1.1%€353,610▼ 10.2%€310,061▼ 12.3%
Working capital€195,311within the sector's middle half▲ 6.3%€197,918within the sector's middle half▲ 1.3%€147,478within the sector's middle half▼ 25.5%€143,408within the sector's middle half▼ 2.8%€144,773within the sector's middle half▲ 1.0%
Solvency49.9%within the sector's middle half▲ 5.5pp40.9%within the sector's middle half▼ 9.0pp35.9%within the sector's middle half▼ 5.0pp38.5%within the sector's middle half▲ 2.6pp41.6%within the sector's middle half▲ 3.2pp
Current ratio1.88within the sector's middle half▲ 0.181.56within the sector's middle half▼ 0.321.41within the sector's middle half▼ 0.151.43within the sector's middle half▲ 0.021.48within the sector's middle half▲ 0.05
Return on assets (ROA)2.3%within the sector's middle half▲ 1.6pp0.1%below the sector's middle half▼ 2.2pp0.0%below the sector's middle half▼ 0.1pp0.1%below the sector's middle half▲ 0.1pp0.0%below the sector's middle half▼ 0.1pp
Staff (FTE)1.5below the sector's middle half▼ 16.7%1.5below the sector's middle half=1.5below the sector's middle half=1.5below the sector's middle half=1.1below the sector's middle half▼ 26.7%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €531,218
Fixed assets
€83,849 ▼ 14.9%
Current assets
€447,368 ▼ 6.1%
Equity and liabilities €531,218
Equity
€221,157 =
Debt
€310,061 ▼ 12.3%
Debt's share of the balance-sheet total falls from 61.5% to 58.4%. Debt is lower.
Key figures and ratios
EBITDA
€29,957▼
2024 · €36,444
Cash flow
€14,728▼
2024 · €16,614
Quick ratio
1.18▲
2024 · 0.92
Debt to equity
1.40▼
2024 · 1.60
ROE
0.0%▼
2024 · 0.4%
Interest coverage
2.05▲
2024 · 1.99
Debt ≤ 1 year
€302,595▼
2024 · €332,782
Debt > 1 year
€4,238▼
2024 · €16,822
Income taxes
€629▼
2024 · €1,505
Staff costs
€76,240▼
2024 · €91,179
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 17,027 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 | €67,510 | €76,184 | €91,660 | €91,179 | €76,240 | ▼ 16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,538 | €15,057 | €15,218 | €15,773 | €14,654 | ▼ 7.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€20,943 | €0 | - | €2,066 | €0 | ▼ 100% |
| Other operating charges640/8 | €6,352 | €6,680 | €6,820 | €7,302 | €7,311 | ▲ 0.1% |
| Gross operating margin9900 | €88,782 | €110,715 | €130,167 | €136,991 | €113,508 | ▼ 17.1% |
| Operating profit (loss)9901 | €21,325 | €12,793 | €16,470 | €20,671 | €15,303 | ▼ 26.0% |
| Financial income75/76B | €153 | €1 | €2,036 | €20 | €0 | ▼ 100% |
| Recurring financial income75 | €153 | €1 | €2,036 | €20 | €0 | ▼ 100% |
| Financial charges65/66B | €8,626 | €11,333 | €17,851 | €18,345 | €14,600 | ▼ 20.4% |
| Recurring financial charges65 | €8,626 | €11,333 | €17,851 | €18,345 | €14,600 | ▼ 20.4% |
| Profit (loss) for the period before taxes9903 | €12,852 | €1,462 | €655 | €2,346 | €702 | ▼ 70.1% |
| Income taxes67/77 | €146 | €746 | €602 | €1,505 | €629 | ▼ 58.2% |
| Profit (loss) for the period9904 | €12,706 | €716 | €53 | €841 | €74 | ▼ 91.2% |
| Profit (loss) for the period to be appropriated9905 | €12,706 | €716 | €53 | €841 | €74 | ▼ 91.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €550,495 | €673,653 | €614,183 | €574,693 | €531,218 | ▼ 7.6% |
| Fixed assets21/28 | €133,609 | €121,622 | €106,404 | €98,503 | €83,849 | ▼ 14.9% |
| Tangible fixed assets22/27 | €132,545 | €120,559 | €105,341 | €97,440 | €82,786 | ▼ 15.0% |
| Land and buildings22 | €130,139 | €118,496 | €103,622 | €96,065 | €81,754 | ▼ 14.9% |
| Plant, machinery and equipment23 | €2,407 | €2,063 | €1,719 | €1,375 | €1,031 | ▼ 25.0% |
| Financial fixed assets28 | €1,063 | €1,063 | €1,063 | €1,063 | €1,063 | = |
| Current assets29/58 | €416,887 | €552,031 | €507,779 | €476,190 | €447,368 | ▼ 6.1% |
| Stocks and contracts in progress3 | €279,222 | €244,729 | €220,168 | €170,766 | €91,629 | ▼ 46.3% |
| Stocks30/36 | €279,222 | €244,729 | €220,168 | €170,766 | €91,629 | ▼ 46.3% |
| Amounts receivable within one year40/41 | €133,288 | €300,599 | €281,384 | €298,595 | €352,060 | ▲ 17.9% |
| Trade receivables40 | €66,584 | €245,350 | €215,993 | €293,367 | €352,060 | ▲ 20.0% |
| Other amounts receivable41 | €66,704 | €55,249 | €65,391 | €5,228 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €4,376 | €6,703 | €5,481 | €6,829 | €1,545 | ▼ 77.4% |
| Deferred charges and accrued income490/1 | €0 | - | €746 | €0 | €2,135 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €550,495 | €673,653 | €614,183 | €574,693 | €531,218 | ▼ 7.6% |
| Equity10/15 | €274,474 | €275,189 | €220,242 | €221,083 | €221,157 | = |
| Contributions10/11 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Reserves13 | €174,159 | €174,159 | €174,159 | €174,159 | €174,159 | = |
| Non-distributable reserves130/1 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves not available under the articles1311 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Tax-exempt reserves132 | €11,159 | €11,159 | €11,159 | €11,159 | €11,159 | = |
| Distributable reserves133 | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Profit (loss) carried forward14 | €70,315 | €71,030 | €16,084 | €16,924 | €16,998 | ▲ 0.4% |
| Amounts payable17/49 | €276,022 | €398,464 | €393,941 | €353,610 | €310,061 | ▼ 12.3% |
| Amounts payable after more than one year17 | €53,446 | €41,423 | €29,216 | €16,822 | €4,238 | ▼ 74.8% |
| Financial debts170/4 | €53,446 | €41,423 | €29,216 | €16,822 | €4,238 | ▼ 74.8% |
| Amounts payable within one year42/48 | €221,575 | €354,113 | €360,302 | €332,782 | €302,595 | ▼ 9.1% |
| Current portion of amounts payable after more than one year42 | €11,842 | €12,023 | €12,207 | €12,394 | €12,584 | ▲ 1.5% |
| Financial debts43 | €155,000 | €295,000 | €270,000 | €300,000 | €270,000 | ▼ 10.0% |
| Credit institutions430/8 | €155,000 | €295,000 | €270,000 | €300,000 | €270,000 | ▼ 10.0% |
| Trade debts44 | €44,399 | €38,068 | €12,406 | €9,461 | €10,299 | ▲ 8.9% |
| Suppliers440/4 | €44,127 | €38,068 | €12,406 | €9,461 | €10,299 | ▲ 8.9% |
| Bills of exchange payable441 | €272 | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €10,335 | €9,022 | €10,689 | €10,927 | €9,712 | ▼ 11.1% |
| Taxes450/3 | €146 | €946 | €602 | €900 | €3,544 | ▲ 294% |
| Remuneration and social security454/9 | €10,188 | €8,076 | €10,087 | €10,026 | €6,167 | ▼ 38.5% |
| Other amounts payable47/48 | €0 | - | €55,000 | €0 | - | - |
| Accrued charges and deferred income492/3 | €1,000 | €2,928 | €4,423 | €4,006 | €3,228 | ▼ 19.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,706 | €716 | €53 | €841 | €74 | ▼ 91.2% |
| + Depreciation and write-downs630 | €14,538 | €15,057 | €15,218 | €15,773 | €14,654 | ▼ 7.1% |
| Operating cash flow (approximation) | €27,244 | €15,773 | €15,271 | €16,614 | €14,728 | ▼ 11.4% |
| Investment in fixed assets (approximation) | - | -€3,070 | €0 | -€7,872 | €0 | ▲ 100% |
| Change in cash | - | €2,327 | -€1,222 | €1,348 | -€5,284 | ▼ 492% |
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
01-09
State Gazette act
Capital & shares · RestructuringMerger · Shareholding · Declaration13 facts ▸
State Gazette act
Capital & shares · Restructuring
Merger · Shareholding · Declaration13 facts ▸
- Merger, fusion par absorption, présenté à l'assemblée générale des actionnaires de chacune des sociétés concernées
- Shareholding, 31-12-2008
- Other statement, 30-12-2008
- Other statement, perdu l'enseigne HONDA, activité devenue l'entretien et la vente de véhicules d'occasion toutes marques
- Other statement, show-room et un atelier
- Other statement, exploite également cet immeuble comme 2ème siège d'exploitation
- Other statement, Les fonds propres de l'absorbée seront annulés par la participation à l'actif de l'absorbante dans l'absorbée, avec pour conséquence un goodwill de fusion
- Declaration, VANDERHEYDEN n'a pas octroyé de droits spéciaux à ses actionnaires, et elle n'a pas émis d'autres titres que des actions
- Declaration, special advantages
- Declaration, l'absorbante va être absorbée à son tour (2ème fusion) par la S.A. AS AUTO et elle va de ce fait disparaître, statute amendment
- Other statement, 15-08-2026
- Other statement, justification economique
- +1 further facts in this act
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €53 ▼92.6%
Net result drops to €53, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 34 days late
2019
31-12
Financial
Highest result since 2018net €17,886 ▲3,959%
Operating result €25,663, net result €17,886, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lontzen · 1 establishment unit since 1977
Ground area
1,956 m²
Building footprint
653 m²
Volume, LiDAR
2,760 m³
Parcel 63048E0314/00G002, Wallonia · tallest building 5.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rue Mitoyenne 316, 4710 Lontzen
since 19772.013.303.294
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63048E0314/00G002 | Wallonia | 1,956 m² | 1 · 653 m² | 5.3 m · 2 fl. |
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.
Articles of association
Purpose
Le négoce de bicyclettes vélomoteurs, motos, véhicules à moteur neufs ou d'occasion, machines horticoles et agricoles, carburant et lubrifiants ainsi que tous accessoires et pièces…
Full purpose (3 activities)
- Le négoce de bicyclettes vélomoteurs, motos, véhicules à moteur neufs ou d'occasion, machines horticoles et agricoles, carburant et lubrifiants ainsi que tous accessoires et pièces détachées, et d'une manière générale de tous équipements liés dicretement ou indirectement à l'utilisation de ces différents biens
- L'entretien et la réparation des biens dont elle fait le négoce
- Toutes les opérations commerciales, industrielles, financières mobilières ou immobilières se rapportant directement ou indirectement à son objet social ou qui seraient de nature à en faciliter directement ou indirectement, entièrement ou partielement, la réalisation de son objet social
Accounting effect
01-01-2026
Structure & network
Owners and holdings
1 ownerChain of control
- AS INVESTMENT
- Vanderheyden
Highest known parent: AS INVESTMENT. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of Vanderheyden and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:AS INVESTMENT
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 01-09-2026 ↗
- AS INVESTMENT all shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
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Of 7,378 companies in sector 95311 we hold annual accounts for 2,962. 2,309 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
Founded28-02-1977
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0416902238
Registered
21-12-2025
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.