Financials
- Fiscal year
- 2024
- Total assets
- €78,454
- Profit
- €904
- Solvency
- 53.0%
Total assets▼ 46.7%
Net result
20222024
VANDERVEKEN CONSTRUCT
ActiveThe file of VANDERVEKEN CONSTRUCT contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 3.4% (moderate). The 2024 annual accounts show equity of €41,592 and a net result of €904. Equity is growing by ~45% per year across the filed fiscal years. Its solvency ranks better than 57% of 36364 sector peers (fiscal year 2024).
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€78,454total assets 2024
- Equity
- €41,592
- Profit
- €904
Turnover not published (abridged schema)
Structure
Accounts 64 d overdue0 of 1 deed read
Why 50- Figures for FY 2024 (filed 28-08-2025)- 1 financial year not filed after the legal deadline; latest accounts 27 days late; 1 of the last 3 late- Founded in 2021- Size: total assets €78,454Show the evidence
Checked score
Score 2024
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 43% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
78+25
equity 53.0% of total assets
Liquidity
46-25
short-term debt 43.7% · cash 13.6%
Profitability
70-29
return on assets 1.2%
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.4%
12-2024: 1.4%● 0.0% vs 11-2024
01-2025: 1.4%▼ -2.2% vs 12-2024
02-2025: 1.4%● 0.0% vs 01-2025
03-2025: 1.1%▼ -21.9% vs 02-2025
04-2025: 1.1%▼ -1.5% vs 03-2025lowest value
05-2025: 1.1%▲ +3.5% vs 04-2025
06-2025: 1.1%▲ +1.3% vs 05-2025
08-2025: 1.7%
09-2025: 1.4%▼ -17.6% vs 08-2025
10-2025: 1.4%● 0.0% vs 09-2025
11-2025: 1.4%● 0.0% vs 10-2025
12-2025: 1.5%▲ +2.6% vs 11-2025
01-2026: 1.4%▼ -2.2% vs 12-2025
02-2026: 1.4%● 0.0% vs 01-2026
03-2026: 1.4%▼ -0.6% vs 02-2026
04-2026: 1.5%▲ +2.2% vs 03-2026
05-2026: 1.5%▲ +3.3% vs 04-2026
06-2026: 1.6%▲ +3.2% vs 05-2026
07-2026: 1.5%▼ -1.5% vs 06-2026
08-2026: 2.2%▲ +39.7% vs 07-2026
09-2026: 2.3%▲ +8.2% vs 08-2026
10-2026: 3.4%▲ +46.4% vs 09-2026highest value
- Figures for FY 2024 (filed 28-08-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 27 days late; 1 of the last 3 late raises the probability
- Founded in 2021 raises the probability for this profile
- Size: total assets €78,454 raises the probability for this profile
Credit up to €2,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.89 against 1.62 in 2023; short-term debt: 43.7% and cash: 13.6% of total assets), and 47% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 58%, liquidity 36%, profitability 38%, growth against the median 41%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
31 d late
2022
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 29 days after 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 (1)
- Annual accounts filedfiscal year 2024 · micro…
- Bankruptcy reversalTribunal de l’entreprise francophone de…
- OpeningTribunal de l’entreprise francophone de…
Key points
By topic
Timeline
- Events
- 5
- Since
- 2023
- 27-08-2025Annual accounts filed
- 28-07-2025Bankruptcy reversal
- 30-06-2025Opening
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 16-07-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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