VANDERWEGEN GUY
ActiveSummary
VANDERWEGEN GUY has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €-10k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 60% of 2198 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability9▼-91
Solvency73▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 3.56 in 2024; short-term debt: 52.4% and cash: 20% of total assets), and 52.4% of the assets are financed with debt.
Credit check for your own amount and term
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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.6%
Return on assets
-7.9%
Age of the figures
9 mo
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
on the day
2023
on the day
2022
92 d late
2021
4 d early
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€59k▼ 14.3%
2024 · €69k
2018: €36k
2019: €26k▼ -29.4% vs 2018
2020: €22k▼ -15.6% vs 2019
2021: €44k▲ +101% vs 2020
2022: €16k▼ -63.0% vs 2021lowest in 8 years
2023: €30k▲ +86.8% vs 2022
2024: €69k▲ +130% vs 2023highest in 8 years
2025: €59k▼ -14.3% vs 2024
2018 → 2025
Total assets
€125k▲ 1.3%
2024 · €123k
2018: €206khighest in 8 years
2019: €163k▼ -20.8% vs 2018
2020: €178k▲ +9.4% vs 2019
2021: €155k▼ -13.2% vs 2020
2022: €160k▲ +3.2% vs 2021
2023: €134k▼ -16.0% vs 2022
2024: €123k▼ -8.2% vs 2023lowest in 8 years
2025: €125k▲ +1.3% vs 2024
2018 → 2025
Net result
€-10k
2024 · €39k
2018: €29k
2019: €-11k▼ -137% vs 2018
2020: €-4k▲ +62.6% vs 2019
2021: €22k▲ +646% vs 2020
2022: €-27k▼ -226% vs 2021lowest in 8 years
2023: €14k▲ +151% vs 2022
2024: €39k▲ +179% vs 2023highest in 8 years
2025: €-10k▼ -125% vs 2024
2018 → 2025
Working capital
€18k▼ 68.1%
2024 · €56k
2018: €-4k
2019: €726▲ +119% vs 2018
2020: €12k▲ +1522% vs 2019
2021: €42k▲ +257% vs 2020
2022: €-4k▼ -110% vs 2021lowest in 8 years
2023: €26k▲ +755% vs 2022
2024: €56k▲ +113% vs 2023highest in 8 years
2025: €18k▼ -68.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€16k▼ 63.0%€30k▲ 86.8%€69k▲ 130%€59k▼ 14.3%
2021: €44k
2022: €16k▼ -63.0% vs 2021lowest in 5 years
2023: €30k▲ +86.8% vs 2022
2024: €69k▲ +130% vs 2023highest in 5 years
2025: €59k▼ -14.3% vs 2024
Operating result€30k-€-23k€19k€54k▲ 182%€-8k
2021: €30k
2022: €-23k▼ -176% vs 2021lowest in 5 years
2023: €19k▲ +184% vs 2022
2024: €54k▲ +182% vs 2023highest in 5 years
2025: €-8k▼ -115% vs 2024
Net result€22k-€-27k€14k€39k▲ 179%€-10k
2021: €22k
2022: €-27k▼ -226% vs 2021lowest in 5 years
2023: €14k▲ +151% vs 2022
2024: €39k▲ +179% vs 2023highest in 5 years
2025: €-10k▼ -125% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €54k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€41k ▼ 8.8%
Current assets
€83k ▲ 7.3%
Equity and liabilities €125k
Equity
€59k ▼ 14.3%
Debt
€65k ▲ 21.4%
Debt's share of the balance-sheet total rises from 43.8% to 52.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-413▼
2024 · €60k
Cash flow
€-2k▼
2024 · €45k
Current ratio
1.27▼
2024 · 3.56
Quick ratio
1.16▼
2024 · 3.12
Debt to equity
1.10▲
2024 · 0.78
ROE
-16.7%▼
2024 · 56.5%
ROA
-7.9%▼
2024 · 31.8%
Interest coverage
-0.21▼
2024 · 12.80
Debt ≤ 1 year
€65k▲
2024 · €22k
Debt > 1 year
€0▼
2024 · €32k
Income taxes
€185▼
2024 · €10k
Staff costs
€103k▲
2024 · €99k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€123k€125k▲
Fixed assets21/28€46k€41k▼
Tangible fixed assets22/27€45k€41k▼
Land and buildings22€2k€1k▼
Plant, machinery and equipment23€40k€36k▼
Furniture and vehicles24€3k€4k▲
Financial fixed assets28€150€150=
Current assets29/58€78k€83k▲
Stocks and contracts in progress3€10k€7k▼
Stocks30/36€10k€7k▼
Amounts receivable within one year40/41€41k€48k▲
Trade receivables40€37k€29k▼
Other amounts receivable41€4k€19k▲
Cash at bank and in hand54/58€24k€25k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€123k€125k▲
Equity10/15€69k€59k▼
Contributions10/11€6k€6k=
Reserves13€63k€53k▼
Distributable reserves133€63k€53k▼
Profit (loss) carried forward14€21€129▲
Amounts payable17/49€54k€65k▲
Amounts payable after more than one year17€32k€0▼
Financial debts170/4€32k€0▼
Amounts payable within one year42/48€22k€65k▲
Current portion of amounts payable after more than one year42€6k€2k▼
Financial debts43€0€36k▲
Credit institutions430/8€0€36k▲
Trade debts44€7k€17k▲
Suppliers440/4€7k€17k▲
Taxes, remuneration and social security45€8k€10k▲
Taxes450/3€2k€2k▲
Remuneration and social security454/9€6k€8k▲
Other amounts payable47/48€90€0▼
Income statement
Code20242025
Non-recurring operating income76A€4k€0▼
Remuneration, social security and pensions62€99k€103k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€11k€0▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€7k€0▼
Gross operating margin9900€177k€104k▼
Operating profit (loss)9901€54k€-8k▼
Financial income75/76B€158€193▲
Recurring financial income75€158€193▲
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€49k€-10k▼
Income taxes67/77€10k€185▼
Profit (loss) for the period9904€39k€-10k▼
Profit (loss) for the period to be appropriated9905€39k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€-10k▼
Profit (loss) brought forward from the previous period14P€-9k€21▲
Transfer from equity791/2-€10k
Transfer to equity691/2€30k€0▼
To other reserves6921€30k€0▼
Social balance
Average headcount (FTE)90872.02.1▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €20k | €4k | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €119k | €105k | €103k | €99k | €103k | ▲ 4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €17k | €6k | €6k | €7k | ▲ 17.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €11k | €0 | ▼ 100% |
| Other operating charges640/8 | €454 | €597 | €893 | €1k | €1k | ▲ 19.0% |
| Non-recurring operating charges66A | - | - | - | €7k | €0 | ▼ 100% |
| Gross operating margin9900 | €174k | €101k | €129k | €177k | €104k | ▼ 41.3% |
| Operating profit (loss)9901 | €30k | €-23k | €19k | €54k | €-8k | ▼ 115% |
| Financial income75/76B | €221 | €21 | €33 | €158 | €193 | ▲ 22.3% |
| Recurring financial income75 | €221 | €21 | €33 | €158 | €193 | ▲ 22.3% |
| Financial charges65/66B | €5k | €4k | €5k | €5k | €2k | ▼ 57.5% |
| Recurring financial charges65 | €5k | €4k | €5k | €5k | €2k | ▼ 57.5% |
| Profit (loss) for the period before taxes9903 | €25k | €-27k | €14k | €49k | €-10k | ▼ 120% |
| Income taxes67/77 | €3k | €775 | €139 | €10k | €185 | ▼ 98.1% |
| Profit (loss) for the period9904 | €22k | €-27k | €14k | €39k | €-10k | ▼ 125% |
| Transfer from tax-exempt reserves789 | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €22k | €-27k | €14k | €39k | €-10k | ▼ 125% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €155k | €160k | €134k | €123k | €125k | ▲ 1.3% |
| Fixed assets21/28 | €52k | €64k | €42k | €46k | €41k | ▼ 8.8% |
| Intangible fixed assets21 | €645 | €311 | €0 | - | - | - |
| Tangible fixed assets22/27 | €51k | €64k | €42k | €45k | €41k | ▼ 8.9% |
| Land and buildings22 | €3k | €3k | €2k | €2k | €1k | ▼ 22.5% |
| Plant, machinery and equipment23 | €44k | €41k | €36k | €40k | €36k | ▼ 10.0% |
| Furniture and vehicles24 | €4k | €20k | €3k | €3k | €4k | ▲ 14.2% |
| Financial fixed assets28 | €150 | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €103k | €95k | €92k | €78k | €83k | ▲ 7.3% |
| Stocks and contracts in progress3 | €13k | €14k | €12k | €10k | €7k | ▼ 24.9% |
| Stocks30/36 | €13k | €14k | €12k | €10k | €7k | ▼ 24.9% |
| Amounts receivable within one year40/41 | €57k | €65k | €60k | €41k | €48k | ▲ 17.5% |
| Trade receivables40 | €52k | €60k | €51k | €37k | €29k | ▼ 20.2% |
| Other amounts receivable41 | €5k | €4k | €8k | €4k | €19k | ▲ 335% |
| Cash at bank and in hand54/58 | €29k | €13k | €18k | €24k | €25k | ▲ 3.6% |
| Deferred charges and accrued income490/1 | €4k | €4k | €2k | €3k | €3k | ▼ 0.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €155k | €160k | €134k | €123k | €125k | ▲ 1.3% |
| Equity10/15 | €44k | €16k | €30k | €69k | €59k | ▼ 14.3% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €33k | €33k | €33k | €63k | €53k | ▼ 15.9% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €31k | €31k | €33k | €63k | €53k | ▼ 15.9% |
| Profit (loss) carried forward14 | €4k | €-23k | €-9k | €21 | €129 | ▲ 528% |
| Amounts payable17/49 | €111k | €144k | €104k | €54k | €65k | ▲ 21.4% |
| Amounts payable after more than one year17 | €50k | €44k | €38k | €32k | €0 | ▼ 100% |
| Financial debts170/4 | €50k | €44k | €38k | €32k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €61k | €99k | €66k | €22k | €65k | ▲ 200% |
| Current portion of amounts payable after more than one year42 | €6k | €6k | €6k | €6k | €2k | ▼ 66.1% |
| Financial debts43 | €20k | €40k | €45k | €0 | €36k | - |
| Credit institutions430/8 | €20k | €40k | €45k | €0 | €36k | - |
| Trade debts44 | €11k | €15k | €1k | €7k | €17k | ▲ 141% |
| Suppliers440/4 | €11k | €15k | €1k | €7k | €17k | ▲ 141% |
| Taxes, remuneration and social security45 | €9k | €13k | €6k | €8k | €10k | ▲ 20.5% |
| Taxes450/3 | €3k | €1k | €822 | €2k | €2k | ▲ 1.3% |
| Remuneration and social security454/9 | €6k | €12k | €5k | €6k | €8k | ▲ 26.5% |
| Other amounts payable47/48 | €16k | €26k | €8k | €90 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €-27k | €14k | €39k | €-10k | ▼ 125% |
| + Depreciation and write-downs630 | €24k | €17k | €6k | €6k | €7k | ▲ 17.3% |
| Operating cash flow (approximation) | €46k | €-10k | €20k | €45k | €-2k | ▼ 105% |
| Investment in fixed assets (approximation) | - | €-30k | €16k | €-10k | €-3k | ▲ 64.3% |
| Change in cash | - | €-16k | €5k | €6k | €875 | ▼ 86.5% |
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
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €39k ▲179%
Operating result €54k, net result €39k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.56
Current ratio from 1.40 to 3.56; short-term debt falls from €66k to €22k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 92 days late
2022
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
Show earlier events
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Herent · 1 establishment unit since 2001
Ground area
6,321 m²
Building footprint
701 m²
Volume, LiDAR
2,890 m³
Parcel 24111E0424/00F000, Flanders · tallest building 12.8 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Molenstraatje 3, 3020 Herent
since 20012.097.751.989
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24111E0424/00F000 | Flanders | 6,321 m² | 1 · 701 m² | 12.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,179 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
Founded01-12-2000
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.