VANDEVELDE CONSTRUCTIE
ActiveSummary
VANDEVELDE CONSTRUCTIE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €3k. Equity is shrinking by ~16.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 70% of 1904 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+85
Solvency90▼-10
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.88 against 5.71 in 2024; short-term debt: 34.8% and cash: 0.2% of total assets), and 34.8% of the assets are financed with debt.
Credit advice 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 25
Relative position
BE, all sectors
reference
Sector 25
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
65.2%
Return on assets
12.6%
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
13 d late
2023
58 d late
2022
60 d late
2021
29 d late
2020
18 d late
2019
25 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▲ 24.1%
2024 · €11k
2018: €123k
2019: €131k
2020: €93k
2021: €10k
2022: €131k
2023: €94k
2024: €11k
2018 → 2025
Total assets
€21k▲ 57.2%
2024 · €13k
2018: €158k
2019: €174k
2020: €133k
2021: €82k
2022: €148k
2023: €104k
2024: €13k
2018 → 2025
Net result
€3k
2024 · €-13k
2018: €-54k
2019: €8k
2020: €-37k
2021: €-84k
2022: €121k
2023: €-37k
2024: €-13k
2018 → 2025
Working capital
€14k▲ 25.7%
2024 · €11k
2018: €100k
2019: €115k
2020: €86k
2021: €9k
2022: €131k
2023: €92k
2024: €11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€131k▲ 1,249%€94k▼ 28.0%€11k▼ 88.4%€14k▲ 24.1%
Operating result€-83k-€126k€-40k€-13k▲ 67.2%€3k
Net result€-84k-€121k€-37k€-13k▲ 63.3%€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €13k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21k
Fixed assets
€12 ▼ 92.4%
Current assets
€21k ▲ 59.0%
Equity and liabilities €21k
Equity
€14k ▲ 24.1%
Debt
€7k ▲ 216%
Debt's share of the balance-sheet total rises from 17.3% to 34.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3k▲
2024 · €-11k
Cash flow
€3k▲
2024 · €-12k
Current ratio
2.88▼
2024 · 5.71
Quick ratio
2.18▼
2024 · 3.52
Debt to equity
0.53▲
2024 · 0.21
ROE
19.4%▲
2024 · -123.2%
ROA
12.6%▲
2024 · -101.9%
Interest coverage
29.27▲
2024 · -112.90
Debt ≤ 1 year
€7k▲
2024 · €2k
Income taxes
€102▼
2024 · €330
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13k€21k▲
Fixed assets21/28€154€12▼
Tangible fixed assets22/27€154€12▼
Plant, machinery and equipment23€154€12▼
Current assets29/58€13k€21k▲
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€5k€15k▲
Trade receivables40€5k€15k▲
Cash at bank and in hand54/58€1k€43▼
Deferred charges and accrued income490/1€2k€910▼
Equity and liabilities
Total equity and liabilities10/49€13k€21k▲
Equity10/15€11k€14k▲
Contributions10/11€5k€5k=
Reserves13€49k€49k=
Distributable reserves133€49k€49k=
Profit (loss) carried forward14€-43k€-40k▲
Amounts payable17/49€2k€7k▲
Amounts payable within one year42/48€2k€7k▲
Trade debts44€49€0▼
Suppliers440/4€49€0▼
Taxes, remuneration and social security45€368€102▼
Taxes450/3€368€102▼
Other amounts payable47/48€2k€7k▲
Income statement
Code20242025
Non-recurring operating income76A-€8k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€142▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-9k€4k▲
Operating profit (loss)9901€-13k€3k▲
Financial charges65/66B€100€102▲
Recurring financial charges65€100€102▲
Profit (loss) for the period before taxes9903€-13k€3k▲
Income taxes67/77€330€102▼
Profit (loss) for the period9904€-13k€3k▲
Profit (loss) for the period to be appropriated9905€-13k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-40k▲
Profit (loss) brought forward from the previous period14P€-37k€-43k▼
Transfer from equity791/2€8k€0▼
The notes to these accounts (8 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Back to profitnet €121k
Net result €121k after 2 loss-making years.
31-12
Financial
Liquidity times 8current ratio 8.75
Current ratio from 1.13 to 8.75; short-term debt falls from €72k to €17k.
31-12
Financial
Equity above €100kEq €131k ▲1249%
Equity rises from €10k to €131k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €-84k
Net result drops to €-84k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
18-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 79 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 11 days late
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, Opwijk · 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.
Doortstraat 491745 OpwijkGround area
110 m²
Building footprint
110 m²
Volume, LiDAR
709 m³
Parcel 23060B0837/00C002, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Doortstraat 49, 1745 Opwijk
since 20012.097.725.958
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23060B0837/00C002 | Flanders | 110 m² | 1 · 110 m² | 8.6 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.
Similar companies · same sector, comparable size
DBX INDUSTRIALS
BE 1018.627.385
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BE 0773.871.938
Brecht · Eq €13,689
SCHEPENS DIETER
BE 0760.302.034
Tremelo · Eq €13,409
F.M.B. Concept
BE 0802.178.617
Sambreville · Eq €13,709
VAN LUCHENE KAREL
BE 0894.104.626
Waregem · Eq €13,713
Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 900 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2000
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.