Vanderlinden
ActiveVanderlinden has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €-3k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 95% of 7331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-39
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 14.03 against 37.58 in 2024; short-term debt: 2.5% and cash: 31.9% of total assets), and 2.5% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.5%
Return on assets
-16.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
5 d late
2023
7 d early
2022
26 d early
2021
29 d late
2020
26 d late
2019
20 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k▼ 14.2%
2024 · €21k
2018: €21k
2019: €22k
2020: €20k
2021: €22k
2022: €21k
2023: €21k
2024: €21k
2018 → 2025
Total assets
€18k▼ 15.2%
2024 · €21k
2018: €26k
2019: €23k
2020: €24k
2021: €26k
2022: €24k
2023: €23k
2024: €21k
2018 → 2025
Net result
€-3k
2024 · €127
2018: €2k
2019: €2k
2020: €2k
2021: €1k
2022: €1k
2023: €758
2024: €127
2018 → 2025
Working capital
€6k▼ 36.9%
2024 · €9k
2018: €9k
2019: €10k
2020: €9k
2021: €10k
2022: €9k
2023: €9k
2024: €9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€21k▼ 6.1%€21k▼ 0.2%€21k▲ 0.6%€18k▼ 14.2%
Operating result€2k-€2k▲ 0.8%€1k▼ 47.5%€202▼ 80.4%€-3k
Net result€1k-€1k▲ 0.8%€758▼ 48.1%€127▼ 83.3%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €202 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18k
Fixed assets
€12k=
Current assets
€6k▼ 33.8%
Equity and liabilities €18k
Equity
€18k▼ 14.2%
Debt
€455▼ 42.1%
The debt ratio falls from 3.7% to 2.5%. Equity and debt are lower.
Key figures and ratios
Solvency
97.5%▲
2024 · 96.3%
Current ratio
14.03▼
2024 · 37.58
Quick ratio
14.03▼
2024 · 37.58
Debt / equity
0.03▼
2024 · 0.04
ROE
-16.5%▼
2024 · 0.6%
ROA
-16.1%▼
2024 · 0.6%
Debt
€455▼
2024 · €785
Debt ≤ 1 year
€455▲
2024 · €257
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€21k€18k▼
Fixed assets21/28€12k€12k=
Tangible fixed assets22/27€12k€12k=
Land and buildings22€12k€12k=
Financial fixed assets28€10€10=
Current assets29/58€10k€6k▼
Amounts receivable within one year40/41€3k€566▼
Trade receivables40€3k-
Other amounts receivable41€247€566▲
Cash at bank and in hand54/58€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€21k€18k▼
Equity10/15€21k€18k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€213€-3k▼
Amounts payable17/49€785€455▼
Amounts payable within one year42/48€257€455▲
Trade debts44€175€420▲
Suppliers440/4€175€420▲
Taxes, remuneration and social security45€82€34▼
Taxes450/3€82€34▼
Accrued charges and deferred income492/3€529-
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€1k€-2k▼
Operating profit (loss)9901€202€-3k▼
Financial charges65/66B€29€29▲
Recurring financial charges65€29€29▲
Profit (loss) for the period before taxes9903€174€-3k▼
Income taxes67/77€47-
Profit (loss) for the period9904€127€-3k▼
Profit (loss) for the period to be appropriated9905€127€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€213€-3k▼
Profit (loss) brought forward from the previous period14P€87€213▲
The notes to these accounts (4 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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
31-12
Financial
Weakest financial yearnet €-3k ▼2416%
Net result drops to €-3k, the lowest in the series.
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial
Liquidity times 8current ratio 37.58
Current ratio from 4.53 to 37.58; short-term debt falls from €2k to €257.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial
Liquidity times 9current ratio 25.05
Current ratio from 2.72 to 25.05; short-term debt falls from €5k to €430.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 1979
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.
Mosselbank(VRA) 749120 Beveren-Kruibeke-ZwijndrechtGround area
3,433 m²
Building footprint
382 m²
Volume, LiDAR
1,259 m³
2 parcels, Flanders · tallest building 7.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Mosselbank(VRA) 16, 9120 Beveren-Kruibeke-Zwijndrecht
since 19792.015.776.202
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46028C1539/00L000 | Flanders | 2,425 m² | 1 · 144 m² | 7.7 m · 1 fl. |
| 46028C0991/00F000 | Flanders | 1,008 m² | 1 · 238 m² | 6.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Home Concepts
BE 0755.809.845
Lochristi · Eq €18k
Algemene Bouwwerken Dieter Viaene
BE 0760.414.969
Tielt · Eq €18k
TD CONSTRUCTS
BE 1002.593.483
Vorst · Eq €18k
FINITEX
BE 1006.324.421
Asse · Eq €18k
ENTREPRISE CLEMENT
BE 0757.733.415
Binche · Eq €18k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 11,212 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-1979
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.