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VANDERHEYDEN MELEN

Active
Public limited companyfounded 1985active for 40 yearsRue de la Clef(MEL) 48A, 4633 Soumagne, BelgiumKBO/BCE: BE 0428.152.258
Summary

VANDERHEYDEN MELEN has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €458,649. Equity is growing by about 3% per year across the filed financial years. Its solvency ranks better than 65% of 4,950 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
#5 company by staff growth in Soumagne1 site
Size
€24.3mturnover 2025
Staff
19.1 FTE
Equity
€2.9m
Profit
€458,649
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
VDH GROUPE · 100%
Board
6 members
Accounts 25 days early1 of 8 deeds read
Why 92raises riskLiquidity: current ratio 1.93, cash €236,325Sector: Retail trade (NACE 47)lowers riskFounded in 1985Profit of €458,649 (financial year 2025)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 53% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Average
Solvency 76+12
equity 50.7% of total assets
Liquidity 34+12
short-term debt 43.2% · cash 4.2%
Profitability 63-17
return on assets 8.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (3,690 companies, NACE 47, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €260,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.93, compared with 1.48 in 2024; short-term debt: 43.2% and cash: 4.2% of total assets), and 49.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, small): better than 73% on solvency, 36% on liquidity, 45% on profitability and 57% on growth.

The bankruptcy probability was computed on 09-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1985
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Profit of €458,649 (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.93, cash €236,325
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
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 filings
Deviation from the deadline
2025
25 days early
2024
31 days early
2023
33 days early
2022
25 days early
2021
31 days early
2020
30 days early
2019
21 days 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 28 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignation: Guy Vanderheyden (director)Reappointments: SRL B.HALLEUX, SRL A.HURARD…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Among the best 13% on net resultsector median €40,704 · 4,950 companies €458,649 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €458,649 8 years View
  • Controlled by VDH GROUPE 100% View
  • Caution: Result fell in 2025from €629,287 to €458,649 ▼ 27.1% View
  • A director leftlatest change 15-10-2025 · 6 in office 1 left View

By topic

Financials

Financial year
2025
Turnover
€24.3m
Profit
€458,649
Solvency
50.7%
Go to Financials

Board & ownership

Board
6 members
Parent
VDH GROUPE · 100%
  • A.HURARDDirector
  • B.HALLEUXDirector
  • F.SCHEENDirector
  • F.VANDERHEYDENDirector
  • S.PIRONDirector

and 1 other director

Go to Board & ownership

Timeline

Events
42
Since
1987
Next accounts
by 31-07-2027
  1. 28-06-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2025
  3. 06-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
06-12-1985
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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