VANDERVELDEN
ActiveVANDERVELDEN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.75M and a net result of €-288k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 44% of 87 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+5
Solvency75▲+1
Growth54▼-4
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €400k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.24 in 2024; short-term debt: 42% and cash: 0.1% of total assets), and 50.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 02
Relative position
BE, all sectors
reference
Sector 02
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 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
49.6%
Return on assets
-2.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-288k
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
84 d early
2023
13 d early
2022
on the day
2021
4 d early
2020
44 d early
2019
64 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€17.14M▼ 13.7%
2024 · €19.86M
2018: €10.55M
2019: €11.01M
2020: €12.36M
2021: €13.68M
2022: €19.68M
2023: €18.27M
2024: €19.86M
2018 → 2025
EBIT margin
0.0%▲ 0.8pp
2024 · -0.8%
2018: 7.4%
2019: 11.2%
2020: 9.6%
2021: 7.0%
2022: 10.3%
2023: 6.5%
2024: -0.8%
2018 → 2025
Net result
€-288k▲ 58.6%
2024 · €-696k
2018: €605k
2019: €850k
2020: €839k
2021: €650k
2022: €1.45M
2023: €841k
2024: €-696k
2018 → 2025
Working capital
€1.64M▲ 48.8%
2024 · €1.10M
2018: €-312k
2019: €-263k
2020: €-343k
2021: €-54k
2022: €1.16M
2023: €1.69M
2024: €1.10M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13.68M-€19.68M▲ 43.9%€18.27M▼ 7.2%€19.86M▲ 8.8%€17.14M▼ 13.7%
Equity€4.61M-€6.07M▲ 31.5%€6.85M▲ 12.9%€6.04M▼ 11.8%€5.75M▼ 4.8%
Operating result€954k-€2.03M▲ 113%€1.20M▼ 41.1%€-155k€6k
Net result€650k-€1.45M▲ 123%€841k▼ 42.1%€-696k€-288k▲ 58.6%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €155k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.60M
Fixed assets
€5.08M▼ 24.6%
Current assets
€6.52M▲ 15.0%
Equity and liabilities €11.60M
Equity
€5.75M▼ 4.8%
Debt
€5.85M▼ 8.2%
The debt ratio falls from 51.3% to 50.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2.66M▼
2024 · €2.72M
Cash flow
€2.37M▲
2024 · €2.17M
Solvency
49.6%▲
2024 · 48.7%
Current ratio
1.34▲
2024 · 1.24
Quick ratio
0.78▼
2024 · 1.01
Debt / equity
1.02▼
2024 · 1.05
ROE
-5.0%▲
2024 · -11.5%
ROA
-2.5%▲
2024 · -5.6%
Interest coverage
9.89▼
2024 · 10.72
Debt
€5.85M▼
2024 · €6.37M
Debt ≤ 1 year
€4.87M▲
2024 · €4.56M
Debt > 1 year
€974k▼
2024 · €1.81M
Income taxes
€2k▼
2024 · €273k
Staff costs
€2.59M▲
2024 · €2.49M
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€12.41M€11.60M▼
Fixed assets21/28€6.74M€5.08M▼
Tangible fixed assets22/27€5.86M€4.20M▼
Land and buildings22€990k€891k▼
Plant, machinery and equipment23€3.00M€1.96M▼
Furniture and vehicles24€1.85M€1.23M▼
Leasing and similar rights25-€114k
Other tangible fixed assets26€13k€10k▼
Assets under construction and advance payments27€6k€0▼
Financial fixed assets28€883k€878k▼
Affiliated companies280/1€784k€784k=
Participating interests280€784k€784k=
Other financial fixed assets284/8€99k€94k▼
Amounts receivable and cash guarantees285/8€99k€94k▼
Current assets29/58€5.66M€6.52M▲
Stocks and contracts in progress3€1.07M€2.73M▲
Stocks30/36€683k€1.98M▲
Goods purchased for resale34€683k€1.98M▲
Contracts in progress37€387k€753k▲
Amounts receivable within one year40/41€4.37M€3.63M▼
Trade receivables40€4.00M€3.51M▼
Other amounts receivable41€369k€122k▼
Current investments50/53-€256
Other investments51/53-€256
Cash at bank and in hand54/58€36k€8k▼
Deferred charges and accrued income490/1€186k€148k▼
Equity and liabilities
Total equity and liabilities10/49€12.41M€11.60M▼
Equity10/15€6.04M€5.75M▼
Contributions10/11€25k€25k=
Reserves13€6.01M€5.73M▼
Distributable reserves133€6.01M€5.73M▼
Amounts payable17/49€6.37M€5.85M▼
Amounts payable after more than one year17€1.81M€974k▼
Financial debts170/4€1.57M€727k▼
Leasing and similar obligations172-€50k
Credit institutions173€1.57M€677k▼
Other amounts payable178/9€233k€247k▲
Amounts payable within one year42/48€4.56M€4.87M▲
Current portion of amounts payable after more than one year42€1.40M€1.32M▼
Financial debts43€1.23M€1.75M▲
Credit institutions430/8€1.23M€1.75M▲
Trade debts44€1.07M€1.03M▼
Suppliers440/4€1.07M€1.03M▼
Taxes, remuneration and social security45€464k€366k▼
Taxes450/3€165k€58k▼
Remuneration and social security454/9€299k€307k▲
Other amounts payable47/48€395k€412k▲
Income statement
Code20242025
Operating income70/76A€20.56M€18.41M▼
Turnover70€19.86M€17.14M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-211k€367k▲
Other operating income74€407k€540k▲
Non-recurring operating income76A€500k€368k▼
Operating charges60/66A€20.71M€18.41M▼
Goods for resale, raw materials and consumables60€9.29M€6.28M▼
Purchases600/8€8.19M€7.57M▼
Change in stocks: decrease (increase)609€1.10M€-1.29M▼
Services and other goods61€5.68M€6.53M▲
Remuneration, social security and pensions62€2.49M€2.59M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.87M€2.65M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€66k▲
Other operating charges640/8€367k€277k▼
Non-recurring operating charges66A€4k€9k▲
Operating profit (loss)9901€-155k€6k▲
Financial income75/76B€11k€764▼
Recurring financial income75€11k€764▼
Income from financial fixed assets750€10k€69▼
Income from current assets751-€365
Other financial income752/9€912€330▼
Financial charges65/66B€279k€292k▲
Recurring financial charges65€279k€292k▲
Debt charges650€253k€269k▲
Other financial charges652/9€25k€23k▼
Profit (loss) for the period before taxes9903€-423k€-286k▲
Income taxes67/77€273k€2k▼
Taxes670/3€273k€2k▼
Profit (loss) for the period9904€-696k€-288k▲
Profit (loss) for the period to be appropriated9905€-696k€-288k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-696k€-288k▲
Transfer from equity791/2€810k€288k▼
From reserves792€810k€288k▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€114k€0▼
Return on contributions (dividend)694€114k€0▼
Social balance
Average headcount (FTE)908735.632.6▼
The notes to these accounts (101 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-696k ▼183%
Net result drops to €-696k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €1.45M ▲123%
Operating result €2.03M, net result €1.45M, both a record.
31-12
Financial
Equity above €5MEq €6.07M ▲31.5%
5 profitable years in a row build equity to €6.07M.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Hamont-Achel · 1 establishment unit since 2001
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.
Middenweg 153930 Hamont-AchelGround area
1.7 ha
Building footprint
2,132 m²
Volume, LiDAR
13,112 m³
Parcel 72012D0514/00P002, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VANDERVELDEN BVBA
since 20012.116.472.593
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72012D0514/00P002 | Flanders | 1.7 ha | 1 · 2,132 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 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
2022 to 2025 · 11 entries · 92,665 EUR awarded · 93,295 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 342 EUR | 342 EUR |
| 2024 | 2 | 18,516 EUR | 18,616 EUR |
| 2023 | 4 | 38,374 EUR | 38,904 EUR |
| 2022 | 4 | 35,433 EUR | 35,433 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidies ecologisch en veilig transport (stopgezet)
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
3 categoriesVANDERVELDEN BV30075
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Of 1,555 companies in sector 02200 we hold annual accounts for 449. 156 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2001
Fiscal year end31-12
Activities, NACEBEL
02012
02200Logging
01410Raising of dairy cattle
02100Forestry and logging
02020
02400Forestry and logging
43120Site preparation
43320Joinery installation
45112
45422
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.