Financials
- Fiscal year
- 2025
- Total assets
- €1.2m
- Profit
- €23,725
- Solvency
- 53.8%
Total assets▼ 6.9%
Net result
20192025
VANDEVOORDE
ActiveSummary
VANDEVOORDE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €637,297 and a net result of €23,725. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 58% of 33831 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222NACE 45331
1 site
Size
€1.2mtotal assets 2025
- Equity
- €637,297
- Profit
- €23,725
Turnover not published (abridged schema)
Structure
Accounts 41 d early0 of 3 deeds read
Why 92- Sector Specialised construction activities (NACE 43)- Liquidity: current ratio 0.87, cash €118,295, halved+ Size: total assets €1.2m+ Founded in 1998Show the evidence
Checked score
Score 2025
92
/ 100
Excellent
Probability in this band: under 0.55%
Better than 44% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
79+6
equity 53.8% of total assets
Liquidity
50-10
short-term debt 30.2% · cash 10.0%
Profitability
63+13
return on assets 2.0%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%▲ +4.9% vs 11-2024
01-2025: 0.1%▲ +7.8% vs 12-2024
02-2025: 0.1%▲ +8.7% vs 01-2025
03-2025: 0.1%▼ -4.0% vs 02-2025
04-2025: 0.1%▼ -26.4% vs 03-2025lowest value
05-2025: 0.1%● 0.0% vs 04-2025lowest value
06-2025: 0.1%● 0.0% vs 05-2025lowest value
07-2025: 0.1%● 0.0% vs 06-2025lowest value
08-2025: 0.1%● 0.0% vs 07-2025lowest value
09-2025: 0.1%● 0.0% vs 08-2025lowest value
10-2025: 0.1%● 0.0% vs 09-2025lowest value
11-2025: 0.1%▲ +3.8% vs 10-2025
12-2025: 0.1%▲ +3.6% vs 11-2025
01-2026: 0.1%▲ +5.3% vs 12-2025
02-2026: 0.1%▲ +5.0% vs 01-2026
03-2026: 0.1%▼ -6.3% vs 02-2026
04-2026: 0.1%▲ +91.5% vs 03-2026highest value
05-2026: 0.1%● 0.0% vs 04-2026highest value
06-2026: 0.1%● 0.0% vs 05-2026highest value
07-2026: 0.1%● 0.0% vs 06-2026highest value
08-2026: 0.1%● 0.0% vs 07-2026highest value
09-2026: 0.1%● 0.0% vs 08-2026highest value
10-2026: 0.1%● 0.0% vs 09-2026highest value
- Size: total assets €1.2m lowers the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
- Founded in 1998 lowers the probability for this profile
- Liquidity: current ratio 0.87, cash €118,295, halved raises the probability
Credit up to €55,000 at 30 days acceptable
Liquidity short (current ratio 0.87 against 0.72 in 2024; short-term debt: 30.2% and cash: 10% of total assets), and 46.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 58%, liquidity 42%, profitability 30%, growth against the median 44%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-03-2026, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
41 d early
2024
43 d early
2023
47 d early
2022
31 d early
2021
46 d early
2020
50 d early
2019
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 18 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close04-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 30-04-2027
- 20-03-2026Annual accounts filed
- 18-03-2025Annual accounts filed
- 14-03-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 07-12-1998
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.