VANDEWOUDE
ActiveFor VANDEWOUDE, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €118k and a net result of €-34k. Equity is shrinking by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 80% of 14643 sector peers (fiscal year 2022). The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0▼-31
Solvency99▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2022Solvency, return and age of the figures
Solvency
73.7%
Return on assets
-21.5%
Age of the figures
45 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
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 01-09-2023, 32 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
not confirmed
2024
not filed
2023
not filed
2022
32 d late
2021
29 d late
2020
30 d late
2019
69 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€118k▼ 22.6%
2021 · €152k
2018: €167k
2019: €171k
2020: €155k
2021: €152k
2018 → 2022
Total assets
€160k▼ 19.2%
2021 · €198k
2018: €275k
2019: €226k
2020: €223k
2021: €198k
2018 → 2022
Net result
€-34k▼ 1,169%
2021 · €-3k
2018: €724
2019: €4k
2020: €-16k
2021: €-3k
2018 → 2022
Working capital
€108k▼ 22.3%
2021 · €139k
2018: €156k
2019: €161k
2020: €140k
2021: €139k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€167k-€171k▲ 2.1%€155k▼ 9.2%€152k▼ 1.7%€118k▼ 22.6%
Operating result€6k-€10k▲ 63.7%€-14k€-1k▲ 92.1%€-34k▼ 2,984%
Net result€724-€4k▲ 387%€-16k€-3k▲ 82.7%€-34k▼ 1,169%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34k in 2022 against €1k in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €160k
Fixed assets
€16k▼ 29.5%
Current assets
€144k▼ 17.9%
Equity and liabilities €160k
Equity
€118k▼ 22.6%
Debt
€42k▼ 8.2%
The debt ratio rises from 23.1% to 26.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-28k▼
2021 · €5k
Cash flow
€-28k▼
2021 · €4k
Solvency
73.7%▼
2021 · 76.9%
Current ratio
3.98▼
2021 · 4.79
Quick ratio
1.59▲
2021 · 1.48
Debt / equity
0.36▲
2021 · 0.30
ROE
-29.1%▼
2021 · -1.8%
ROA
-21.5%▼
2021 · -1.4%
Interest coverage
-12.12▼
2021 · 1.66
Debt
€42k▼
2021 · €46k
Debt ≤ 1 year
€36k▼
2021 · €37k
Debt > 1 year
€6k▼
2021 · €9k
Staff costs
€21k▲
2021 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€198k€160k▼
Fixed assets21/28€23k€16k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€21k€14k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€12k€9k▼
Other tangible fixed assets26€7k€4k▼
Financial fixed assets28€157€157=
Current assets29/58€176k€144k▼
Stocks and contracts in progress3€121k€86k▼
Stocks30/36€121k€86k▼
Amounts receivable within one year40/41€50k€53k▲
Trade receivables40€33k€35k▲
Other amounts receivable41€17k€19k▲
Current investments50/53-€1k
Cash at bank and in hand54/58€1k-
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€198k€160k▼
Equity10/15€152k€118k▼
Contributions10/11€19k€19k=
Reserves13€152k€152k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€150k€150k=
Profit (loss) carried forward14€-18k€-53k▼
Amounts payable17/49€46k€42k▼
Amounts payable after more than one year17€9k€6k▼
Financial debts170/4€9k€6k▼
Amounts payable within one year42/48€37k€36k▼
Current portion of amounts payable after more than one year42€3k€3k▲
Financial debts43-€7k
Credit institutions430/8-€7k
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45€22k€23k▲
Taxes450/3€9k€10k▲
Remuneration and social security454/9€12k€14k▲
Accrued charges and deferred income492/3€412€114▼
Income statement
Code20212022
Remuneration, social security and pensions62€10k€21k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€17k€-4k▼
Operating profit (loss)9901€-1k€-34k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-3k€-34k▼
Profit (loss) for the period9904€-3k€-34k▼
Profit (loss) for the period to be appropriated9905€-3k€-34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-53k▼
Profit (loss) brought forward from the previous period14P€-16k€-18k▼
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
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Highest result since 2018net €4k ▲387%
Operating result €10k, net result €4k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Aalst · 1 establishment unit since 1983
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.
Pachting 1109310 AalstGround area
582 m²
Building footprint
532 m²
Volume, LiDAR
3,132 m³
Parcel 41042D0636/00N000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pachting 110, 9310 Aalst
since 19832.021.705.969
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41042D0636/00N000 | Flanders | 582 m² | 1 · 532 m² | 8.9 m · 2 fl. |
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
G - FORCE
BE 0458.495.046
Beerse · Eq €118k
Reijnen Textiel digitaal
BE 0422.135.288
Lille · Eq €118k
GYSEMANS COORDINATORS
BE 0439.079.309
Rotselaar · Eq €116k
APRINTEX
BE 0890.058.043
Kortrijk · Eq €115k
REICO
BE 0428.208.874
Sint-Gillis (bij-Brussel) · Eq €122k
Of 687 companies in sector 46412 we hold annual accounts for 517. 392 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-1983
Fiscal year end31-12
Activities, NACEBEL
46412Wholesale of household textiles and bedding
51410
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.