Vandevsolutions
ActiveSummary
Vandevsolutions has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111,691 and a net result of -€3,284. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 11547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability30▼-10
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 35.01 against 20.34 in 2024; short-term debt: 2.9% and cash: 26.4% of total assets), and 2.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
97.1%
Return on assets
-2.9%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-02-2026, 9 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
9 d late
2024
3 d early
2023
1 d early
2022
on the day
2020
48 d late
2019
119 d late
2018
27 d late
← 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 28 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€111,691▼ 2.9%
2024 · €114,975
Total assets
€114,975▼ 4.9%
2024 · €120,922
Net result
-€3,284
2024 · €1,328
Working capital
€111,691▼ 2.9%
2024 · €114,975
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202022202320242025
Operating result€3,535▼ 65.0%€17,697-€8,792▼ 50.3%€2,711▼ 69.2%-€3,345
Net result-€1,639within the sector's middle half€15,032within the sector's middle half-€5,226within the sector's middle half▼ 65.2%€1,328within the sector's middle half▼ 74.6%-€3,284within the sector's middle half
Equity€93,390within the sector's middle half▼ 1.7%€108,421within the sector's middle half-€113,647within the sector's middle half▲ 4.8%€114,975within the sector's middle half▲ 1.2%€111,691within the sector's middle half▼ 2.9%
Total assets€94,315within the sector's middle half▼ 15.9%€112,287within the sector's middle half-€118,952within the sector's middle half▲ 5.9%€120,922within the sector's middle half▲ 1.7%€114,975within the sector's middle half▼ 4.9%
Debt€926▼ 94.6%€3,865-€5,305▲ 37.2%€5,946▲ 12.1%€3,284▼ 44.8%
Working capital€93,390within the sector's middle half▼ 1.7%€110,181within the sector's middle half-€114,927within the sector's middle half▲ 4.3%€114,975within the sector's middle half=€111,691within the sector's middle half▼ 2.9%
Solvency99.0%above the sector's middle half▲ 14.3pp96.6%above the sector's middle half-95.5%above the sector's middle half▼ 1.0pp95.1%above the sector's middle half▼ 0.5pp97.1%above the sector's middle half▲ 2.1pp
Current ratio53.33above the sector's middle half-29.55above the sector's middle half▼ 23.7820.34above the sector's middle half▼ 9.2235.01above the sector's middle half▲ 14.68
Return on assets (ROA)-1.7%within the sector's middle half▼ 10.6pp13.4%above the sector's middle half-4.4%within the sector's middle half▼ 9.0pp1.1%within the sector's middle half▼ 3.3pp-2.9%within the sector's middle half▼ 4.0pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3,345 after €2,711 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €114,975
Equity
€111,691 ▼ 2.9%
Debt
€3,284 ▼ 44.8%
Debt's share of the balance-sheet total falls from 4.9% to 2.9%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.03▼
2024 · 0.05
ROE
-2.9%▼
2024 · 1.2%
Debt ≤ 1 year
€3,284▼
2024 · €5,946
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 12,321 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
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €112 | €272 | €35 | ▼ 87.0% |
| Gross operating margin9900 | €3,644 | €17,697 | €8,904 | €2,984 | -€3,310 | ▼ 211% |
| Operating profit (loss)9901 | €3,535 | €17,697 | €8,792 | €2,711 | -€3,345 | ▼ 223% |
| Financial income75/76B | - | - | - | - | €134 | - |
| Recurring financial income75 | - | - | - | - | €134 | - |
| Financial charges65/66B | - | €95 | €64 | €54 | €74 | ▲ 36.1% |
| Recurring financial charges65 | €5,096 | €95 | €64 | €54 | €74 | ▲ 36.1% |
| Profit (loss) for the period before taxes9903 | -€1,561 | €17,601 | €8,728 | €2,657 | -€3,284 | ▼ 224% |
| Income taxes67/77 | €79 | €2,570 | €3,502 | €1,329 | - | - |
| Profit (loss) for the period9904 | -€1,639 | €15,032 | €5,226 | €1,328 | -€3,284 | ▼ 347% |
| Profit (loss) for the period to be appropriated9905 | -€1,639 | €15,032 | €5,226 | €1,328 | -€3,284 | ▼ 347% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €94,315 | €112,287 | €118,952 | €120,922 | €114,975 | ▼ 4.9% |
| Current assets29/58 | €94,315 | €112,287 | €118,952 | €120,922 | €114,975 | ▼ 4.9% |
| Amounts receivable within one year40/41 | €50,336 | €69,278 | €80,379 | €96,771 | €84,595 | ▼ 12.6% |
| Trade receivables40 | - | €69,122 | €80,193 | €96,238 | €83,635 | ▼ 13.1% |
| Other amounts receivable41 | - | €156 | €186 | €533 | €960 | ▲ 80.3% |
| Cash at bank and in hand54/58 | €43,979 | €43,009 | €38,573 | €24,151 | €30,380 | ▲ 25.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €94,315 | €112,287 | €118,952 | €120,922 | €114,975 | ▼ 4.9% |
| Equity10/15 | €93,390 | €108,421 | €113,647 | €114,975 | €111,691 | ▼ 2.9% |
| Contributions10/11 | - | €43,381 | €43,381 | €43,381 | €43,381 | = |
| Reserves13 | €7,376 | €22,408 | €27,634 | €28,962 | €28,962 | = |
| Non-distributable reserves130/1 | - | €4,338 | €4,338 | €4,338 | €4,338 | = |
| Reserves not available under the articles1311 | - | €4,338 | €4,338 | €4,338 | €4,338 | = |
| Distributable reserves133 | - | €18,070 | €23,295 | €24,624 | €24,624 | = |
| Profit (loss) carried forward14 | €42,632 | €42,632 | €42,632 | €42,632 | €39,348 | ▼ 7.7% |
| Amounts payable17/49 | €926 | €3,865 | €5,305 | €5,946 | €3,284 | ▼ 44.8% |
| Amounts payable within one year42/48 | €926 | €2,105 | €4,025 | €5,946 | €3,284 | ▼ 44.8% |
| Trade debts44 | - | - | - | €1,883 | €1,472 | ▼ 21.8% |
| Suppliers440/4 | - | - | - | €1,883 | €1,472 | ▼ 21.8% |
| Taxes, remuneration and social security45 | - | €2,105 | €3,502 | €1,329 | - | - |
| Taxes450/3 | - | €2,105 | €3,502 | €1,329 | - | - |
| Other amounts payable47/48 | - | - | €523 | €2,734 | €1,812 | ▼ 33.7% |
| Accrued charges and deferred income492/3 | - | €1,760 | €1,280 | - | - | - |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,639 | €15,032 | €5,226 | €1,328 | -€3,284 | ▼ 347% |
| Operating cash flow (approximation) | -€1,639 | €15,032 | €5,226 | €1,328 | -€3,284 | ▼ 347% |
| Change in cash | - | - | -€4,436 | -€14,422 | €6,229 | ▲ 143% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 9 days late
2025
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €15,032
Net result €15,032 after one loss-making year.
30-06
Financial
Equity above €100,000Eq €108,421 ▲16.1%
Equity rises from €93,390 to €108,421.
2021
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 48 days late
2020
31-12
Financial
Liquidity times 16current ratio 101.90
Current ratio from 6.56 to 101.90; short-term debt falls from €17,089 to €926.
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
31-12
Financial
Back to profitnet €9,942
Net result €9,942 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Aalter · 1 establishment unit since 1987
Ground area
732 m²
Building footprint
121 m²
Volume, LiDAR
446 m³
Parcel 44502C0194/00V000, Flanders · tallest building 4.6 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VANDEVSOLUTIONS
since 19872.033.749.015
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44502C0194/00V000 | Flanders | 732 m² | 1 · 121 m² | 4.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 472 companies in sector 46442 we hold annual accounts for 336. 221 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
Founded23-01-1987
Fiscal year end30-06
Activities, NACEBEL 2025
46442Wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0430334758
Registered
06-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.