VANDERWEGEN
ActiveVANDERWEGEN has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178k and a net result of €37k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 69% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-4
Solvency89▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.35 against 5.26 in 2024; short-term debt: 35.7% and cash: 80.2% of total assets), and 35.7% 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
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
Sector 43
higher
← 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
64.3%
Return on assets
13.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
28 d early
2023
21 d early
2022
10 d early
2021
40 d early
2020
3 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€163k
EBIT margin
19.2%
Net result
€37k▼ 19.9%
2024 · €46k
2018: €-1k
2019: €2k
2020: €17k
2021: €29k
2022: €33k
2023: €41k
2024: €46k
2018 → 2025
Working capital
€133k▼ 37.2%
2024 · €213k
2018: €12k
2019: €30k
2020: €63k
2021: €107k
2022: €132k
2023: €165k
2024: €213k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€107k-€140k▲ 30.6%€173k▲ 23.3%€219k▲ 26.8%€178k▼ 18.8%
Operating result€43k-€47k▲ 10.2%€59k▲ 25.0%€61k▲ 2.3%€54k▼ 10.2%
Net result€29k-€33k▲ 14.3%€41k▲ 25.0%€46k▲ 12.7%€37k▼ 19.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €277k
Fixed assets
€45k▲ 561%
Current assets
€232k▼ 11.5%
Equity and liabilities €277k
Equity
€178k▼ 18.8%
Debt
€99k▲ 98.1%
The debt ratio rises from 18.5% to 35.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€60k▼
2024 · €61k
Cash flow
€43k▼
2024 · €47k
Solvency
64.3%▼
2024 · 81.5%
Current ratio
2.35▼
2024 · 5.26
Quick ratio
2.28▼
2024 · 5.15
Debt / equity
0.56▲
2024 · 0.23
ROE
20.9%▼
2024 · 21.1%
ROA
13.4%▼
2024 · 17.2%
Interest coverage
320.26▼
2024 · 600.85
Debt
€99k▲
2024 · €50k
Debt ≤ 1 year
€99k▲
2024 · €50k
Income taxes
€20k▲
2024 · €20k
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€269k€277k▲
Fixed assets21/28€7k€45k▲
Tangible fixed assets22/27€7k€44k▲
Land and buildings22€7k€6k▼
Furniture and vehicles24-€39k
Financial fixed assets28€248€248=
Current assets29/58€263k€232k▼
Stocks and contracts in progress3€6k€7k▲
Stocks30/36€6k€7k▲
Amounts receivable within one year40/41€2k€4k▲
Trade receivables40€1k€2k▲
Other amounts receivable41€512€1k▲
Cash at bank and in hand54/58€255k€222k▼
Equity and liabilities
Total equity and liabilities10/49€269k€277k▲
Equity10/15€219k€178k▼
Contributions10/11€19k€19k=
Reserves13€168k€127k▼
Distributable reserves133€168k€127k▼
Profit (loss) carried forward14€33k€33k=
Amounts payable17/49€50k€99k▲
Amounts payable within one year42/48€50k€99k▲
Trade debts44€9k€3k▼
Suppliers440/4€9k€3k▼
Taxes, remuneration and social security45€23k-
Taxes450/3€23k-
Other amounts payable47/48€18k€95k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€819€6k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€65k€63k▼
Operating profit (loss)9901€61k€54k▼
Financial income75/76B€5k€3k▼
Recurring financial income75€5k€3k▼
Financial charges65/66B€102€189▲
Recurring financial charges65€102€189▲
Profit (loss) for the period before taxes9903€66k€58k▼
Income taxes67/77€20k€20k▲
Profit (loss) for the period9904€46k€37k▼
Profit (loss) for the period to be appropriated9905€46k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€79k€70k▼
Profit (loss) brought forward from the previous period14P€33k€33k=
Transfer from equity791/2-€78k
Transfer to equity691/2€46k€37k▼
To other reserves6921€46k€37k▼
Profit to be distributed694/7-€78k
Return on contributions (dividend)694-€78k
The notes to these accounts (7 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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €46k ▲12.7%
Operating result €61k, net result €46k, both a record.
30-09
Financial
Equity above €200kEq €219k ▲26.8%
6 profitable years in a row build equity to €219k.
09-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €150kEq €173k ▲23.3%
5 profitable years in a row build equity to €173k.
20-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €100kEq €107k ▲36.7%
3 profitable years in a row build equity to €107k.
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 134 days late
2017
22-03
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
2 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, Bertem · 1 establishment unit since 1994
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.
Egenhovenstraat 1593060 BertemGround area
2,261 m²
Building footprint
252 m²
Volume, LiDAR
1,409 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hulstbergstraat 25, 3078 Kortenberg
since 19942.068.363.563
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24009C0573/00P000 | Flanders | 1,526 m² | 1 · 166 m² | 8.1 m · 2 fl. |
| 24068A0314/00B004 | Flanders | 735 m² | 1 · 85 m² | 9.4 m · 2 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.
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THE POWERHOUSE
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,422 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-09-1994
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 31 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.