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VANDERJEUGT

Active
Private limited companyfounded 1984active for 42 yearsBargiestraat 19, 8904 Ieper, BelgiumKBO/BCE: BE 0426.347.959
Summary

VANDERJEUGT has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €505,633 and a net result of €94,918. Equity has been shrinking by about 14% per year since 2018. Its solvency ranks better than 39% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 25-09-1984 Normal situation
Activity
Joinery installation NACE 43320and 5 others
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2023
Establishment unit
2.025.474.915 8904 Ieper, since 01-10-1984
Financial year end
31 December
Peppol
Reachable since 12-08-2026

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€292,093
▲ 25.6%
Turnover
≈ €860,000
estimated
Profit
€94,918
Equity
€505,633
▲ 23.1%
Total assets
€1.4m
▲ 4.5%
Employees on 31-12-2025
4
▲ 33.3%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 1984Liquidity: current ratio 1.14, cash €369,773Size: 3.3 FTE, total assets €1.4mShow the evidence

Checked score

Score 2025
94 / 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 61+6
equity 35.6% of total assets
Liquidity 51+2
short-term debt 60.4% · cash 26.0%
Profitability 77+58
return on assets 6.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 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: 0.4%highest value 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.3%▼ -0.1 percentage points 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 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.14 (1.02 in 2024), below the usual 1.5. Short-term debt is 60.4% and cash 26% of total assets. 64.4% 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 38% of them on solvency, 45% on liquidity, 53% on profitability and 70% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1984
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.14, cash €369,773
NBB · annual accounts
lowers risk · Size: 3.3 FTE, total assets €1.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
14 days early
2023
29 days late
2022
31 days late
2021
11 days early
2020
31 days late
2019
39 days late
← 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 12 days after 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 20 July (4 of the last 5 accounts filed within 41 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 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: Back in profit in 2025after a loss of €69,166 in 2024 €94,918 View
  • Positive: 9th oldest company in Ypres, Construction sectorin the Checked rankings No. 9 View
  • A director leftlatest change 01-07-2026 · 2 in office 1 left View
  • Flemish supportawarded from 2023 to 2025 €51,376 View

Recent changes

  1. · Gazette deed Resignation: Ivo Vanderjeugt (director)
  2. · Gazette deed Capital decrease of €476,912.04Resignations: VANDERJEUGT,Ivo Martin Camiel André, VANDERJEUGT,Wouter Camiel Gerard Corneel and VANDERJEUGT,Wim Guido · Appointments: VANDERJEUGT,Ivo Martin Camiel André, VANDERJEUGT,Wouter Camiel Gerard Corneel and VANDERJEUGT,Wim Guido
All 16 events

Comparable companies

These companies have the same main activity as VANDERJEUGT: joinery installation (NACE 43320). They are comparable in size and age: total assets between €1.2m and €1.8m, founded between 1979 and 1993.

CompanyTotal assetsGross margin
VANDERJEUGT Ieper€1.4m€0.3m
VAN NIEUWENHOVEN HUBERT Sint-Pieters-Leeuw€1.3m€0.3m
GOOSSENAERTS - JANSSEN Kapellen€1.3m€0.3m
Inter-Decor Waregem€1.8m€0.3m
DEMCA Middelkerke€1.7m€0.3m
TALPE F. CONSTRUCT Dentergem€1.4m€0.4m
KOPELINO Beernem€1.2m€0.3m
Full comparison

Key facts about VANDERJEUGT

What is the company number of VANDERJEUGT?
The company number of VANDERJEUGT is 0426.347.959. The VAT number is the same number with BE in front: BE 0426.347.959.
Where is VANDERJEUGT based?
The registered office is at Bargiestraat 19, 8904 Ieper.Company details
What does VANDERJEUGT do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of VANDERJEUGT?
The legal form of VANDERJEUGT is Private limited company (BV).
When was VANDERJEUGT founded?
VANDERJEUGT was founded on 25-09-1984.
Is VANDERJEUGT still active?
Yes, VANDERJEUGT is an active enterprise in the KBO register.
How many employees does VANDERJEUGT have?
VANDERJEUGT had an average of 3.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VANDERJEUGT fall under?
In its 2023 annual accounts, VANDERJEUGT states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of VANDERJEUGT?
The turnover in financial year 2025 is ≈ €860,000. This figure is estimated from the gross margin of €292,093 and 40 comparable companies (NACE 433). It probably lies between €640,000 and €1.1m.
Is VANDERJEUGT profitable?
In financial year 2025, VANDERJEUGT made a profit of €94,918.
Where can I find the annual accounts of VANDERJEUGT?
VANDERJEUGT filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VANDERJEUGT due?
VANDERJEUGT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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