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Vandermeulen David

Active
Private limited company (pre-2019)founded 199827 yrs activeMeirstraat 18, 9850 Deinze, BelgiumKBO/BCE: BE 0464.606.838

Vandermeulen David has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €268k and a net result of €-4k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 46% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very 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
Profitability33▼-7
Solvency76▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 4.68 against 8.17 in 2024; short-term debt: 1.5% and cash: 0.2% of total assets), and 49% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 27 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 15-03-2026, 137 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
137 d early
2024
100 d early
2023
71 d early
2022
49 d early
2021
59 d late
2020
42 d early
2019
39 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
19-09-2026 today30-12-2026 close30-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€268k▼ 1.5%
2024 · €272k
2018: €239k 2019: €288k 2020: €391k 2021: €330k 2022: €289k 2023: €275k 2024: €272k
2018 → 2025
Total assets
€525k▲ 0.2%
2024 · €524k
2018: €601k 2019: €639k 2020: €655k 2021: €523k 2022: €581k 2023: €525k 2024: €524k
2018 → 2025
Net result
€-4k▼ 57.2%
2024 · €-3k
2018: €66k 2019: €51k 2020: €105k 2021: €-59k 2022: €-42k 2023: €-14k 2024: €-3k
2018 → 2025
Working capital
€28k▲ 54.1%
2024 · €18k
2018: €30k 2019: €-23k 2020: €29k 2021: €-83k 2022: €29k 2023: €31k 2024: €18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€330k-€289k▼ 12.6%€275k▼ 4.9%€272k▼ 1.0%€268k▼ 1.5%
Operating result€-43k-€-2k▲ 94.9%€-6k▼ 172%€8k€1k▼ 83.5%
Net result€-59k-€-42k▲ 29.8%€-14k▲ 65.9%€-3k▲ 81.1%€-4k▼ 57.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0Operating result 2021: €-43k€-43kNet result 2021: €-59k€-59kOperating result 2022: €-2k€-2kNet result 2022: €-42k€-42kOperating result 2023: €-6k€-6kNet result 2023: €-14k€-14kOperating result 2024: €8k€8kNet result 2024: €-3k€-3kOperating result 2025: €1k€1kNet result 2025: €-4k€-4k20212022202320242025
The operating result falls in 2025; 2025 is 83% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €525k
Fixed assets €490k▼ 2.8%
Current assets €36k▲ 71.9%
Equity and liabilities €525k
Equity €268k▼ 1.5%
Debt €258k▲ 2.0%
The debt ratio rises from 48.2% to 49.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€15k
2024 · €21k
Cash flow
€10k
2024 · €11k
Solvency
51.0%
2024 · 51.8%
Current ratio
4.68
2024 · 8.17
Quick ratio
4.68
2024 · 8.17
Debt / equity
0.96
2024 · 0.93
ROE
-1.6%
2024 · -1.0%
ROA
-0.8%
2024 · -0.5%
Interest coverage
1.87
2024 · 2.63
Debt
€258k
2024 · €253k
Debt ≤ 1 year
€8k
2024 · €3k
Debt > 1 year
€200k=
2024 · €200k
Income taxes
€-2k
2024 · €3k
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€524k€525k
Fixed assets21/28€504k€490k
Tangible fixed assets22/27€503k€489k
Land and buildings22€500k€485k
Furniture and vehicles24€4k€4k=
Financial fixed assets28€372€372=
Current assets29/58€21k€36k
Amounts receivable within one year40/41€20k€32k
Other amounts receivable41€20k€32k
Cash at bank and in hand54/58€274€1k
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€524k€525k
Equity10/15€272k€268k
Contributions10/11€140k€140k=
Reserves13€147k€147k=
Non-distributable reserves130/1€14k€14k=
Other1319€14k€14k=
Distributable reserves133€133k€133k=
Profit (loss) carried forward14€-15k€-19k
Amounts payable17/49€253k€258k
Amounts payable after more than one year17€200k€200k=
Financial debts170/4€200k€200k=
Amounts payable within one year42/48€3k€8k
Trade debts44€307€6k
Suppliers440/4€307€6k
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€155€1k
Accrued charges and deferred income492/3€50k€50k=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k
Other operating charges640/8€3k€3k
Gross operating margin9900€25k€19k
Operating profit (loss)9901€8k€1k
Financial income75/76B€923€1k
Recurring financial income75€923€1k
Financial charges65/66B€8k€8k
Recurring financial charges65€8k€8k
Profit (loss) for the period before taxes9903€455€-6k
Income taxes67/77€3k€-2k
Profit (loss) for the period9904€-3k€-4k
Profit (loss) for the period to be appropriated9905€-3k€-4k
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-19k
Profit (loss) brought forward from the previous period14P€-12k€-15k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-07-2027
2026
15-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
21-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
20-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-12
Financial Liquidity times 48current ratio 80.61
Current ratio from 1.69 to 80.61; short-term debt falls from €43k to €391.
11-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-12
Financial Liquidity times 9current ratio 1.69
Current ratio from 0.18 to 1.69; short-term debt falls from €102k to €43k.
27-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
30-12
Financial Weakest financial yearnet €-59k ▼156%
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
18-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
31-05
State Gazette act Board meeting · Director resignation
Director appointment · Permanent representative
31-05
State Gazette act Board meeting · Director resignation
Director appointment · Permanent representative
2020
30-12
Financial Highest result since 2018net €105k ▲108%
Operating result €144k, net result €105k, both a record.
21-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
01-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Deinze · 1 establishment unit since 1998
establishment The establishment unit on the map
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.

Meirstraat 189850 Deinze
Ground area
3,010 m²
Building footprint
387 m²
Volume, LiDAR
2,180 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FINCONSULTING
Amakers 50, 9800 DeinzeInsurance, reinsurance and pension funding, except compulsory social security
since 19982.089.444.633
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44070A0285/00F000 Flanders 2,308 m² 1 · 218 m² 9.5 m · 2 fl.
44006B0264/00F000 Flanders 702 m² 1 · 170 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

Of 82,570 companies in sector 70200 we hold annual accounts for 52,568. 38,663 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded17-11-1998
Fiscal year end30-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.