VANDERPLASSCHEN
ActiveSummary
VANDERPLASSCHEN has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €996,604 and a net result of €66,299. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 7900 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-12
Solvency100▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity short (current ratio 0.53 against 0.59 in 2024; short-term debt: 23.2% and cash: 3.1% of total assets), and 23.2% of the assets are financed with debt.
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Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 dateAge against the risk zone
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
76.8%
Return on assets
5.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-10-2025, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
30 d early
2023
7 d early
2022
4 d early
2021
3 d early
2020
33 d early
2019
30 d 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 16 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€996,604▲ 1.5%
2024 · €981,519
Total assets
€1.3m▼ 20.8%
2024 · €1.6m
Net result
€66,299▼ 72.1%
2024 · €237,899
Working capital
-€141,470▲ 47.3%
2024 · -€268,595
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€180,607▲ 170%€92,338▼ 48.9%€198,501▲ 115%€371,530▲ 87.2%€123,154▼ 66.9%
Net result€133,171above the sector's middle half▲ 160%€95,111within the sector's middle half▼ 28.6%€121,281within the sector's middle half▲ 27.5%€237,899above the sector's middle half▲ 96.2%€66,299within the sector's middle half▼ 72.1%
Equity€751,300above the sector's middle half▲ 21.5%€846,411above the sector's middle half▲ 12.7%€967,692above the sector's middle half▲ 14.3%€981,519above the sector's middle half▲ 1.4%€996,604above the sector's middle half▲ 1.5%
Total assets€1.3mwithin the sector's middle half▲ 37.3%€1.8mabove the sector's middle half▲ 36.6%€1.8mabove the sector's middle half▲ 4.8%€1.6mwithin the sector's middle half▼ 11.3%€1.3mwithin the sector's middle half▼ 20.8%
Debt€539,327▲ 67.5%€916,897▲ 70.0%€879,906▼ 4.0%€657,221▼ 25.3%€301,154▼ 54.2%
Working capital-€9,635-€421,146▼ 4,271%-€295,319▲ 29.9%-€268,595▲ 9.0%-€141,470▲ 47.3%
Solvency58.2%within the sector's middle half▼ 7.5pp48.0%within the sector's middle half▼ 10.2pp52.4%within the sector's middle half▲ 4.4pp59.9%within the sector's middle half▲ 7.5pp76.8%above the sector's middle half▲ 16.9pp
Staff (FTE)2below the sector's middle half=2below the sector's middle half=2within the sector's middle half=3within the sector's middle half▲ 50.0%3.2within the sector's middle half▲ 6.7%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 67% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€1.1m ▼ 9.0%
Current assets
€159,684 ▼ 58.9%
Equity and liabilities €1.3m
Equity
€996,604 ▲ 1.5%
Debt
€301,154 ▼ 54.2%
Debt's share of the balance-sheet total falls from 40.1% to 23.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€237,596▼
2024 · €469,622
Cash flow
€180,741▼
2024 · €335,992
Current ratio
0.53▼
2024 · 0.59
Quick ratio
0.42▼
2024 · 0.55
Debt to equity
0.30▼
2024 · 0.67
ROE
6.7%▼
2024 · 24.2%
ROA
5.1%▼
2024 · 14.5%
Interest coverage
13.81▼
2024 · 19.16
Debt ≤ 1 year
€301,154▼
2024 · €657,221
Income taxes
€42,426▼
2024 · €115,041
Staff costs
€160,085▲
2024 · €157,015
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €102,415 | €110,819 | €157,015 | €160,085 | ▲ 2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54,560 | €72,993 | €90,352 | €98,092 | €114,442 | ▲ 16.7% |
| Other operating charges640/8 | - | €660 | €1,123 | €1,379 | €5,754 | ▲ 317% |
| Gross operating margin9900 | €349,624 | €268,407 | €400,795 | €628,016 | €403,435 | ▼ 35.8% |
| Operating profit (loss)9901 | €180,607 | €92,338 | €198,501 | €371,530 | €123,154 | ▼ 66.9% |
| Financial income75/76B | - | €6,265 | €2,476 | €5,920 | €2,776 | ▼ 53.1% |
| Recurring financial income75 | €2,561 | €6,265 | €2,476 | €5,920 | €2,776 | ▼ 53.1% |
| Financial charges65/66B | - | €59 | €30,563 | €24,510 | €17,205 | ▼ 29.8% |
| Recurring financial charges65 | €13,246 | €59 | €30,563 | €24,510 | €17,205 | ▼ 29.8% |
| Profit (loss) for the period before taxes9903 | €169,922 | €98,544 | €170,414 | €352,940 | €108,725 | ▼ 69.2% |
| Income taxes67/77 | €36,751 | €3,433 | €49,133 | €115,041 | €42,426 | ▼ 63.1% |
| Profit (loss) for the period9904 | €133,171 | €95,111 | €121,281 | €237,899 | €66,299 | ▼ 72.1% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €63,150 | - |
| Transfer to tax-exempt reserves689 | - | €63,150 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €70,021 | €31,961 | €121,281 | €237,899 | €129,449 | ▼ 45.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.8m | €1.8m | €1.6m | €1.3m | ▼ 20.8% |
| Fixed assets21/28 | €760,934 | €1.3m | €1.3m | €1.3m | €1.1m | ▼ 9.0% |
| Tangible fixed assets22/27 | €760,934 | €1.3m | €1.3m | €1.3m | €1.1m | ▼ 9.0% |
| Land and buildings22 | - | €1.2m | €1.2m | €1.1m | €1.1m | ▼ 5.6% |
| Plant, machinery and equipment23 | - | €38,948 | €32,059 | €22,083 | €14,379 | ▼ 34.9% |
| Furniture and vehicles24 | - | €43,832 | €43,734 | €96,940 | €55,587 | ▼ 42.7% |
| Current assets29/58 | €529,692 | €495,751 | €584,587 | €388,625 | €159,684 | ▼ 58.9% |
| Stocks and contracts in progress3 | €72,236 | €127,242 | €54,760 | €27,167 | €34,054 | ▲ 25.4% |
| Stocks30/36 | - | €127,242 | €54,760 | €27,167 | €34,054 | ▲ 25.4% |
| Amounts receivable within one year40/41 | €82,155 | €195,513 | €214,218 | €148,778 | €79,554 | ▼ 46.5% |
| Trade receivables40 | - | €43,631 | €170,273 | €125,166 | €31,117 | ▼ 75.1% |
| Other amounts receivable41 | - | €151,882 | €43,945 | €23,612 | €48,437 | ▲ 105% |
| Cash at bank and in hand54/58 | €373,283 | €155,137 | €309,932 | €207,738 | €40,504 | ▼ 80.5% |
| Deferred charges and accrued income490/1 | - | €17,859 | €5,677 | €4,943 | €5,572 | ▲ 12.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.8m | €1.8m | €1.6m | €1.3m | ▼ 20.8% |
| Equity10/15 | €751,300 | €846,411 | €967,692 | €981,519 | €996,604 | ▲ 1.5% |
| Contributions10/11 | - | €6,300 | €6,300 | €6,300 | €6,300 | = |
| Reserves13 | €745,000 | €840,111 | €961,392 | €975,219 | €990,304 | ▲ 1.5% |
| Non-distributable reserves130/1 | - | €8,531 | €8,531 | €0 | - | - |
| Reserves not available under the articles1311 | - | €8,531 | €8,531 | €0 | - | - |
| Tax-exempt reserves132 | - | €126,300 | €126,300 | €126,300 | €63,150 | ▼ 50.0% |
| Distributable reserves133 | - | €705,280 | €826,561 | €848,919 | €927,154 | ▲ 9.2% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €539,327 | €916,897 | €879,906 | €657,221 | €301,154 | ▼ 54.2% |
| Amounts payable within one year42/48 | €539,327 | €916,897 | €879,906 | €657,221 | €301,154 | ▼ 54.2% |
| Trade debts44 | €249,697 | €66,442 | €106,255 | €26,301 | €75,464 | ▲ 187% |
| Suppliers440/4 | - | €66,442 | €106,255 | €26,301 | €75,464 | ▲ 187% |
| Taxes, remuneration and social security45 | - | €14,084 | €39,678 | €107,882 | €19,723 | ▼ 81.7% |
| Taxes450/3 | - | €1,468 | €25,672 | €92,903 | €6,559 | ▼ 92.9% |
| Remuneration and social security454/9 | - | €12,616 | €14,005 | €14,979 | €13,164 | ▼ 12.1% |
| Other amounts payable47/48 | - | €836,371 | €733,973 | €523,038 | €205,967 | ▼ 60.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €133,171 | €95,111 | €121,281 | €237,899 | €66,299 | ▼ 72.1% |
| + Depreciation and write-downs630 | €54,560 | €72,993 | €90,352 | €98,092 | €114,442 | ▲ 16.7% |
| Operating cash flow (approximation) | €187,731 | €168,104 | €211,633 | €335,992 | €180,741 | ▼ 46.2% |
| Investment in fixed assets (approximation) | - | -€579,616 | -€85,806 | -€85,195 | -€2,402 | ▲ 97.2% |
| Change in cash | - | -€218,147 | €154,795 | -€102,194 | -€167,234 | ▼ 63.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
26-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2019net €237,899 ▲96.2%
Operating result €371,530, net result €237,899, both a record.
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-09
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.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Anzegem · 1 establishment unit since 2000
Ground area
426 m²
Building footprint
73 m²
Parcel 34018B0805/00T000, Flanders. Linked by address, not a title deed.
1 establishment unit
VANDERPLASSCHEN BVBA
since 20002.097.370.226
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34018B0805/00T000indicative | Flanders | 426 m² | 1 · 73 m² | - |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 126 EUR awarded · 126 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 126 EUR |
| 2024 | 1 | 126 EUR | 0 EUR |
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Of 9,536 companies in sector 43222 we hold annual accounts for 5,669. 3,111 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-04-2000
Fiscal year end31-03
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
43221Plumbing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471580544
Also
9925:BE0471580544
Registered
31-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.