VANDERHEYDEN EUPEN
ActiveSummary
VANDERHEYDEN EUPEN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.20M and a net result of €38k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 4157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▲+4
Solvency49▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.01 in 2024; short-term debt: 64.8% and cash: 3.3% of total assets), and 76.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
23.8%
Return on assets
0.7%
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
31 d early
2023
33 d early
2022
25 d early
2021
31 d early
2020
16 d late
2019
22 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€17.27M
EBIT margin
1.0%
Net result
€38k
2024 · €-43k
2018: €143k
2019: €153k
2020: €83k
2021: €130k
2022: €310k
2023: €262k
2024: €-43k
2018 → 2025
Working capital
€155k▲ 214%
2024 · €49k
2018: €-263k
2019: €302k
2020: €342k
2021: €305k
2022: €567k
2023: €557k
2024: €49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€17.27M
Equity€766k-€1.03M▲ 34.6%€1.20M▲ 16.7%€1.16M▼ 3.6%€1.20M▲ 3.2%
Operating result€201k-€436k▲ 117%€400k▼ 8.1%€117k▼ 70.7%€181k▲ 54.3%
Net result€130k-€310k▲ 139%€262k▼ 15.6%€-43k€38k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 54% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.04M
Fixed assets
€1.62M ▲ 2.8%
Current assets
€3.42M ▼ 33.3%
Equity and liabilities €5.04M
Equity
€1.20M ▲ 3.2%
Debt
€3.84M ▼ 30.7%
Debt's share of the balance-sheet total falls from 82.7% to 76.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€425k▲
2024 · €334k
Cash flow
€281k▲
2024 · €173k
Current ratio
1.05▲
2024 · 1.01
Quick ratio
0.43▲
2024 · 0.16
Debt to equity
3.20▼
2024 · 4.77
ROE
3.1%▲
2024 · -3.7%
ROA
0.7%▲
2024 · -0.6%
Interest coverage
2.82▲
2024 · 2.07
Debt ≤ 1 year
€3.26M▼
2024 · €5.07M
Debt > 1 year
€440k▲
2024 · €333k
Income taxes
€8k▲
2024 · €1k
Staff costs
€592k▲
2024 · €523k
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 · 2025 against 2024 · 79 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.69M€5.04M▼
Fixed assets21/28€1.58M€1.62M▲
Tangible fixed assets22/27€1.58M€1.62M▲
Land and buildings22€782k€728k▼
Plant, machinery and equipment23€458k€443k▼
Furniture and vehicles24€335k€449k▲
Current assets29/58€5.12M€3.42M▼
Stocks and contracts in progress3€4.30M€2.03M▼
Stocks30/36€4.30M€2.03M▼
Goods purchased for resale34-€2.03M
Amounts receivable within one year40/41€734k€1.03M▲
Trade receivables40€391k€235k▼
Other amounts receivable41€343k€792k▲
Cash at bank and in hand54/58€27k€168k▲
Deferred charges and accrued income490/1€60k€193k▲
Equity and liabilities
Total equity and liabilities10/49€6.69M€5.04M▼
Equity10/15€1.16M€1.20M▲
Contributions10/11€150k€150k=
Capital10€150k€150k=
Issued capital100€150k€150k=
Reserves13€1.01M€1.05M▲
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Tax-exempt reserves132€85k€85k=
Distributable reserves133€910k€948k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€5.53M€3.84M▼
Amounts payable after more than one year17€333k€440k▲
Financial debts170/4€333k€440k▲
Credit institutions173-€440k
Amounts payable within one year42/48€5.07M€3.26M▼
Current portion of amounts payable after more than one year42€125k€151k▲
Financial debts43€200k€0▼
Credit institutions430/8€200k€0▼
Trade debts44€1.35M€389k▼
Suppliers440/4€1.35M€389k▼
Advances received on contracts in progress46€228k€282k▲
Taxes, remuneration and social security45€86k€126k▲
Taxes450/3€17k€51k▲
Remuneration and social security454/9€70k€76k▲
Other amounts payable47/48€3.08M€2.31M▼
Accrued charges and deferred income492/3€132k€137k▲
Income statement
Code20242025
Operating income70/76A-€17.59M
Turnover70-€17.27M
Other operating income74-€320k
Operating charges60/66A-€17.41M
Goods for resale, raw materials and consumables60-€15.52M
Purchases600/8-€13.23M
Change in stocks: decrease (increase)609-€2.29M
Services and other goods61-€1.03M
Remuneration, social security and pensions62€523k€592k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€216k€243k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k€-27k▼
Other operating charges640/8€39k€50k▲
Gross operating margin9900€901k-
Operating profit (loss)9901€117k€181k▲
Financial income75/76B€2k€19k▲
Recurring financial income75€2k€19k▲
Income from financial fixed assets750-€2k
Income from current assets751-€17k
Other financial income752/9-€0
Financial charges65/66B€161k€155k▼
Recurring financial charges65€161k€155k▼
Debt charges650-€151k
Other financial charges652/9-€4k
Profit (loss) for the period before taxes9903€-42k€46k▲
Income taxes67/77€1k€8k▲
Taxes670/3-€8k
Profit (loss) for the period9904€-43k€38k▲
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€-43k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-43k€38k▲
Transfer from equity791/2€43k€0▼
From reserves792-€0
Transfer to equity691/2€0€38k▲
To other reserves6921€0€38k▲
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)90878.810.5▲
The notes to these accounts (50 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-43k ▼116%
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €310k ▲139%
Operating result €436k, net result €310k, both a record.
31-12
Financial
Equity above €1MEq €1.03M ▲34.6%
5 profitable years in a row build equity to €1.03M.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 16 days late
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €500kEq €574k ▲36.5%
2 profitable years in a row build equity to €574k.
Show earlier events
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Eupen · 1 establishment unit since 2010
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.
Rue de Herbesthal 2634700 EupenGround area
2,588 m²
Building footprint
1,568 m²
Volume, LiDAR
7,982 m³
Parcel 63023B0001/00R000, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vanderheyden Eupen
since 20102.190.134.591
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63023B0001/00R000 | Wallonia | 2,588 m² | 1 · 1,568 m² | 7.1 m · 2 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.
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Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 2,820 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 formPublic limited company
Founded14-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
95319Other maintenance and repair of motor vehicles
47820Retail sale of motor vehicle parts and accessories
46180Agents specialised in the wholesale of other particular products
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.