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Vandev

Active
Private limited companyfounded 20242 yrs activeHerreweg 20, 8750 Wingene, BelgiumKBO/BCE: BE 1010.496.807
Summary

The computed 12-month bankruptcy probability of Vandev is 4.5% (elevated). The 2024 annual accounts show equity of €52,963 and a net result of €44,681. Its solvency ranks better than 60% of 18930 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency65
Growth-
Track record67
Bankruptcy probability, 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.92; short-term debt: 29.2% and cash: 54.8% of total assets), but 59.6% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
40.4%
Return on assets
34.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
29 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 29 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 June 2024, Vandev was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€52,963
Total assets
€131,070
Net result
€44,681
Working capital
€35,127

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €131,070
Fixed assets €57,609
Current assets €73,461
Equity and liabilities €131,070
Equity €52,963
Debt €78,107
Debt finances 59.6% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€76,399
Cash flow
€62,721
Current ratio
1.92
Quick ratio
1.87
Debt to equity
1.47
ROE
84.4%
ROA
34.1%
Interest coverage
130.55
Debt ≤ 1 year
€38,334
Debt > 1 year
€39,773
Income taxes
€13,093
Staff costs
€6,107

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 39,275 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
Filed annual accounts As filed with the NBB · 2024 · 42 lines
Balance sheet Code2024
Assets
Total assets20/58€131,070
Fixed assets21/28€57,609
Intangible fixed assets21€24,000
Tangible fixed assets22/27€33,609
Plant, machinery and equipment23€15,060
Furniture and vehicles24€16,000
Other tangible fixed assets26€2,549
Current assets29/58€73,461
Stocks and contracts in progress3€1,604
Stocks30/36€1,604
Cash at bank and in hand54/58€71,857
Equity and liabilities
Total equity and liabilities10/49€131,070
Equity10/15€52,963
Contributions10/11€10,000
Reserves13€42,963
Distributable reserves133€42,963
Amounts payable17/49€78,107
Amounts payable after more than one year17€39,773
Other amounts payable178/9€39,773
Amounts payable within one year42/48€38,334
Trade debts44€14,495
Suppliers440/4€14,495
Taxes, remuneration and social security45€22,636
Taxes450/3€18,643
Remuneration and social security454/9€3,993
Other amounts payable47/48€1,203
Income statement Code2024
Remuneration, social security and pensions62€6,107
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,040
Other operating charges640/8€6,658
Gross operating margin9900€89,163
Operating profit (loss)9901€58,359
Financial charges65/66B€585
Recurring financial charges65€585
Profit (loss) for the period before taxes9903€57,774
Income taxes67/77€13,093
Profit (loss) for the period9904€44,681
Profit (loss) for the period to be appropriated9905€44,681
Appropriation of the result
Profit (loss) to be appropriated9906€44,681
Transfer to equity691/2€42,963
To other reserves6921€42,963
Profit to be distributed694/7€1,718
Return on contributions (dividend)694€1,718

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€6,107
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,040
Other operating charges640/8€6,658
Gross operating margin9900€89,163
Operating profit (loss)9901€58,359
Financial charges65/66B€585
Recurring financial charges65€585
Profit (loss) for the period before taxes9903€57,774
Income taxes67/77€13,093
Profit (loss) for the period9904€44,681
Profit (loss) for the period to be appropriated9905€44,681
Line2024
Assets
Total assets20/58€131,070
Fixed assets21/28€57,609
Intangible fixed assets21€24,000
Tangible fixed assets22/27€33,609
Plant, machinery and equipment23€15,060
Furniture and vehicles24€16,000
Other tangible fixed assets26€2,549
Current assets29/58€73,461
Stocks and contracts in progress3€1,604
Stocks30/36€1,604
Cash at bank and in hand54/58€71,857
Equity and liabilities
Total equity and liabilities10/49€131,070
Equity10/15€52,963
Contributions10/11€10,000
Reserves13€42,963
Distributable reserves133€42,963
Amounts payable17/49€78,107
Amounts payable after more than one year17€39,773
Other amounts payable178/9€39,773
Amounts payable within one year42/48€38,334
Trade debts44€14,495
Suppliers440/4€14,495
Taxes, remuneration and social security45€22,636
Taxes450/3€18,643
Remuneration and social security454/9€3,993
Other amounts payable47/48€1,203
Line2024
Profit (loss) for the period9904€44,681
+ Depreciation and write-downs630€18,040
Operating cash flow (approximation)€62,721

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Wingene · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2,319 m²
Building footprint
253 m²
Volume, LiDAR
1,573 m³
2 parcels, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
La Dolce Vita Roeselare
Jan Mahieustraat 16, 8800 RoeselareFood and beverage service activities
since 20242.360.616.447
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37019E0498/00V000 Flanders 2,192 m² 1 · 134 m² 6.7 m · 2 fl.
36015A0220/00E000 Flanders 127 m² 1 · 118 m² 10.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Roeselare2.360.616.447
1 permission
Toelating · Eetgelegenheid · since 27-06-2024

Similar companies · same sector, comparable size

Of 20,506 companies in sector 56111 we hold annual accounts for 11,454. 9,832 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
Founded18-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010496807
Also 9925:BE1010496807
Registered 30-01-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.