Vandever
ActiveSummary
Vandever has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €329k and a net result of €37k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 76% of 1309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-1
Solvency95▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.18 against 2.98 in 2024; short-term debt: 19.4% and cash: 25.4% of total assets), and 30.2% 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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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
69.8%
Return on assets
7.9%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
76 d late
2022
99 d late
2021
64 d late
2020
30 d late
2019
55 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
€329k▲ 10.7%
2024 · €298k
2018: €185k
2019: €180k
2020: €189k
2021: €221k
2022: €249k
2023: €257k
2024: €298k
2018 → 2025
Total assets
€472k▲ 4.0%
2024 · €454k
2018: €486k
2019: €439k
2020: €411k
2021: €415k
2022: €432k
2023: €434k
2024: €454k
2018 → 2025
Net result
€37k▼ 6.6%
2024 · €40k
2018: €5k
2019: €-6k
2020: €9k
2021: €32k
2022: €28k
2023: €8k
2024: €40k
2018 → 2025
Working capital
€199k▲ 13.9%
2024 · €175k
2018: €57k
2019: €57k
2020: €76k
2021: €116k
2022: €136k
2023: €143k
2024: €175k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€221k-€249k▲ 12.7%€257k▲ 3.3%€298k▲ 15.6%€329k▲ 10.7%
Operating result€53k-€46k▼ 14.1%€16k▼ 66.1%€65k▲ 320%€53k▼ 19.1%
Net result€32k-€28k▼ 13.6%€8k▼ 70.5%€40k▲ 383%€37k▼ 6.6%
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 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €472k
Fixed assets
€181k ▼ 4.8%
Current assets
€291k ▲ 10.4%
Equity and liabilities €472k
Equity
€329k ▲ 10.7%
Debt
€143k ▼ 8.8%
Debt's share of the balance-sheet total falls from 34.5% to 30.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62k▼
2024 · €75k
Cash flow
€47k▼
2024 · €49k
Current ratio
3.18▲
2024 · 2.98
Quick ratio
1.82▼
2024 · 1.83
Debt to equity
0.43▼
2024 · 0.53
ROE
11.4%▼
2024 · 13.5%
ROA
7.9%▼
2024 · 8.8%
Interest coverage
11.33▼
2024 · 13.19
Debt ≤ 1 year
€91k▲
2024 · €88k
Debt > 1 year
€51k▼
2024 · €68k
Income taxes
€10k▼
2024 · €20k
Staff costs
€5k▼
2024 · €6k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€454k€472k▲
Fixed assets21/28€191k€181k▼
Tangible fixed assets22/27€191k€181k▼
Land and buildings22€187k€179k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€1k€590▼
Current assets29/58€263k€291k▲
Stocks and contracts in progress3€101k€124k▲
Stocks30/36€101k€124k▲
Amounts receivable within one year40/41€64k€45k▼
Trade receivables40€46k€45k▼
Other amounts receivable41€17k€0▼
Cash at bank and in hand54/58€97k€120k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€454k€472k▲
Equity10/15€298k€329k▲
Contributions10/11€19k€19k=
Reserves13€279k€311k▲
Distributable reserves133€279k€311k▲
Amounts payable17/49€156k€143k▼
Amounts payable after more than one year17€68k€51k▼
Financial debts170/4€68k€51k▼
Amounts payable within one year42/48€88k€91k▲
Current portion of amounts payable after more than one year42€17k€17k=
Financial debts43€42k€42k=
Credit institutions430/8€38k€3k▼
Other loans439€3k€38k▲
Trade debts44€17k€11k▼
Suppliers440/4€17k€11k▼
Taxes, remuneration and social security45€13k€21k▲
Taxes450/3€11k€20k▲
Remuneration and social security454/9€1k€671▼
Other amounts payable47/48€365€1k▲
Accrued charges and deferred income492/3€115€278▲
Income statement
Code20242025
Remuneration, social security and pensions62€6k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€85k€70k▼
Operating profit (loss)9901€65k€53k▼
Financial income75/76B€0€129▲
Recurring financial income75€0€129▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€60k€47k▼
Income taxes67/77€20k€10k▼
Profit (loss) for the period9904€40k€37k▼
Profit (loss) for the period to be appropriated9905€40k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€37k▼
Profit (loss) brought forward from the previous period14P€288€0▼
Transfer to equity691/2€40k€37k▼
To other reserves6921€40k€37k▼
The notes to these accounts (10 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2018net €40k ▲383%
Operating result €65k, net result €40k, both a record.
15-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 76 days late
2023
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 99 days late
2022
03-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 64 days late
2021
31-12
Financial
Equity above €200kEq €221k ▲17.2%
2 profitable years in a row build equity to €221k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
31-12
Financial
Weakest financial yearnet €-6k ▼220%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Hooglede · 1 establishment unit since 2011
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.
Diksmuidesteenweg 978830 HoogledeGround area
6.3 ha
Building footprint
2.8 ha
Parcel 36014A0215/00M000, Flanders. Linked by address, not a title deed.
1 establishment unit
Vandever
since 20112.199.439.663
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36014A0215/00M000 | Flanders | 6.3 ha | 1 · 2.8 ha | - |
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
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W-Invest
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DEMA TECHNICS
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Fox Belgium
BE 0420.371.472
Heist-op-den-Berg · Eq €331,920
Of 3,713 companies in sector 33120 we hold annual accounts for 1,342. 1,037 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
Founded14-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
46820Wholesale trade
47525Retail trade
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.