Vandevelde Kenneth

Active

Private limited companyfounded 2019active for 7 yearsLeeuwstraat 50, 9800 Deinze, BelgiumKBO/BCE: BE 0734.974.443

Summary

Vandevelde Kenneth has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,901 and a net result of €22,148. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 42% of 34,678 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow Report Compare

Vandevelde KennethActiveChecked score 70/100

Risk analysis Report Compare

Activity

Plumbing work

NACE 43221

1 site

Size

€69,989total assets 2025

Equity: €27,901
Profit: €22,148

Turnover not published (micro format)

Financial health

70 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.8%

Structure

2025 accounts 64 days early1 deed in the Belgian Official Gazette

Why 70raises risk1 of the last 3 lateSize: total assets €69,989Founded in 2019lowers riskLiquidity: current ratio 1.65, cash €20,385Show the evidence

Checked score

Score 2025

70 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 69% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 65+12

equity 39.9% of total assets

Liquidity 57+23

short-term debt 56.7% · cash 29.1%

Profitability 100=

return on assets 31.6%

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,613 companies, NACE 43, micro)

Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.2%▼ -0.1 percentage points vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.3%▲ +0.1 percentage points vs 03-2025 05-2025: 1.2%▼ -0.1 percentage points vs 04-2025 06-2025: 1.3%▲ +0.1 percentage points vs 05-2025 07-2025: 1.4%▲ +0.1 percentage points vs 06-2025 08-2025: 2.0%▲ +0.6 percentage points vs 07-2025 09-2025: 2.2%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 1.7%▼ -0.5 percentage points vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.4%▼ -0.3 percentage points vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 0.8%▼ -0.6 percentage points vs 05-2026lowest value 07-2026: 0.8%● unchanged vs 06-2026lowest value 08-2026: 0.8%● unchanged vs 07-2026lowest value 09-2026: 0.8%● unchanged vs 08-2026lowest value 10-2026: 0.8%● unchanged vs 09-2026lowest value

Credit of up to €1,500 on 30-day terms is acceptable

Liquidity ample (current ratio 1.65, compared with 1.3 in 2024, above the usual 1.5; short-term debt: 56.7% and cash: 29.1% of total assets), but 60.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 43% on solvency, 54% on liquidity, 92% on profitability and 89% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.65, cash €20,385

NBB · annual accounts

1 of the last 3 late

NBB · filings

Size: total assets €69,989

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 2019

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

64 days early

2024

31 days late

2023

29 days late

2022

21 days late

2021

30 days late

2020

30 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 13 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

28-05-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Highest result from 2020 to 2025net €22,148 ▲17.8%
31-08-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Total assets 20256 financial years filed €69,989 View
Active since 2019founded 26-09-2019 7 years View

By topic

Financials

Financial year: 2025
Total assets: €69,989
Profit: €22,148
Solvency: 39.9%

Total assets▲ 24.7%

Net result

20202025

Go to Financials

Timeline

Events: 9
Since: 2021
Next accounts: by 31-07-2027

29-08-2024Annual accounts filed
31-12-2023Back to profit
21-08-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Plumbing workNACE 43221
Founded: 26-09-2019
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Vandevelde Kenneth

What is the company number of Vandevelde Kenneth?: 0734.974.443. In Belgium the VAT number is the company number with BE in front: BE 0734.974.443.
Where is Vandevelde Kenneth based?: The registered office is at Leeuwstraat 50, 9800 Deinze.Company details
What does Vandevelde Kenneth do?: According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of Vandevelde Kenneth?: Private limited company (BV).
When was Vandevelde Kenneth founded?: On 26-09-2019.
Is Vandevelde Kenneth still active?: Yes, Vandevelde Kenneth is an active enterprise in the KBO register.
What is the turnover of Vandevelde Kenneth?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Vandevelde Kenneth profitable?: In financial year 2025, Vandevelde Kenneth made a profit of €22,148.
Where can I find the annual accounts of Vandevelde Kenneth?: Vandevelde Kenneth filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Vandevelde Kenneth due?: By 31-07-2027, for financial year 2026.Timeline

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Overview