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VANDEWEEGE

Active
Public limited companyfounded 1971active for 55 yearsBegoniastraat 7, 9810 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0408.053.660
Summary

VANDEWEEGE has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of -€145,855. Equity has been stable since 2018 (±2% per year). Its solvency ranks better than 83% of 5,039 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

Source: KBO
Status
Active since 29-01-1971 Normal situation
Activity
Retail sale of hardware, building materials, paint and glass (general range) NACE 47521and 2 others
Establishment units
2.005.576.057 9810 Nazareth-De Pinte, since 01-03-1971
2.005.576.156 9810 Nazareth-De Pinte, since 20-08-1976
Financial year end
31 December
Peppol
Reachable since 19-06-2025

Board and ownership

Board
Shareholders

Financial position

81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€999,997
▼ 0.9%
Turnover
≈ €5.2m
estimated
Loss
€145,855
▼ 65.4%
Equity
€2.4m
▼ 5.7%
Total assets
€3.4m
▼ 8.4%
Employees on 31-12-2025
16
▼ 15.8%
  • 2025 accounts filed 31 days after the deadline
Net result +65%: other schema
Score breakdownraises riskLoss of €145,855, the second in a row (financial year 2025)Liquidity: current ratio 3.20, cash €139,052, halvedLast filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskFounded in 1971Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 44% of small companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 96+2
equity 71.4% of total assets
Liquidity 44-6
short-term debt 27.2% · cash 4.1%
Profitability 13+8
return on assets -4.3%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,696 companies, NACE 47, small)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025lowest value 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.5%▼ -0.4 percentage points vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.2 (3.0 in 2024), above the usual 1.5. Short-term debt is 27.2% and cash 4.1% of total assets. 28.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 47, small). It does better than 88% of them on solvency, 52% on liquidity, 9% on profitability and 26% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Loss of €145,855, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 1971
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 3.20, cash €139,052, halved
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€145,855
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
29 days late
2022
31 days late
2021
17 days early
2020
31 days late
2019
69 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · 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 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 90% of companies in retail tradesector median €40,073 · 5,038 companies -€145,855 View
  • Positive: Result rose in 2025different schema filed ▲ 65.4% View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€145,855 View

Recent changes

  1. · Gazette deed Change of role: Vandeweege Invest, from managing director to sole directorResignation: VANDEWEEGE Bart Therese Donat (director) · Permanent representatives: VANDEWEEGE Wim Georges Carlos and VANDEWEEGE Bart Therese Donat
  2. · Gazette deed Reappointments: Vandeweege Invest BV (managing director) and Vandeweege Bart (director)Permanent representative: Vandeweege Wim
All 16 events

Comparable companies

These companies have the same main activity as VANDEWEEGE: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €2.6m and €4.8m, founded between 1966 and 1978.

CompanyTotal assetsGross margin
VANDEWEEGE Nazareth-De Pinte€3.4m€1.0m
Etablissements Jadouille, Quincaillerie du Sablon Wavre€3.9m€0.8m
GOETSTOUWERS Wuustwezel€2.6m€0.9m
HOBBYLAND Mol€4.3m€0.9m
IJzerwaren 'T Pannenhuis Kalmthout€4.8m€1.2m
Mapeco Wommelgem Wommelgem€3.3m€0.9m
WILLY CLYMANS Willebroek€3.3m€1.3m
Full comparison

Key facts about VANDEWEEGE

What is the company number of VANDEWEEGE?
The company number of VANDEWEEGE is 0408.053.660. The VAT number is the same number with BE in front: BE 0408.053.660.
Where is VANDEWEEGE based?
The registered office is at Begoniastraat 7, 9810 Nazareth-De Pinte.Company details
What does VANDEWEEGE do?
According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
What is the legal form of VANDEWEEGE?
The legal form of VANDEWEEGE is Public limited company (NV).
When was VANDEWEEGE founded?
VANDEWEEGE was founded on 29-01-1971.
Is VANDEWEEGE still active?
Yes, VANDEWEEGE is an active enterprise in the KBO register.
How many employees does VANDEWEEGE have?
VANDEWEEGE had an average of 14.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VANDEWEEGE?
The turnover in financial year 2025 is ≈ €5.2m. This figure is estimated from the gross margin of €999,997 and 34 comparable companies (NACE 475). It probably lies between €3.6m and €7.9m.
Is VANDEWEEGE profitable?
In financial year 2025, VANDEWEEGE made a loss of €145,855.
Where can I find the annual accounts of VANDEWEEGE?
VANDEWEEGE filed 50 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VANDEWEEGE due?
VANDEWEEGE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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