Checked.be
Active
BE 0842.463.113Private limited company
VANDITIM
Rijkestraat 6 ·8570 Anzegem, Belgium· 14 yrs active
Sector: Joinery installation
(43320)
Conclusion
VANDITIM has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €154k and a net result of €19k. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 36383 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €154k |
| Net result | €19k |
| Better than sector | 75% |
| Active | 14 yrs |
Financial profile
81
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
93
Profitability
61
Solvency
100
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2011, 14 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
93
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€14k
estimate, not credit advice
Score history
93
2021
100
2022
100
2023
93
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 4.82 (≥ 1.5)
+10
Quick ratio
Quick ratio 3.48 (≥ 1.0)
+5
Leverage
Debt/equity 0.44 (< 1.0)
+10
Profitability
ROE 12% (≥ 10%)
+10
Interest coverage
Interest coverage 21.6× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 07-07-2025 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~18.4%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 69.5% | 46.6% | |
| Net result | €19k | €9k | |
| Equity | €154k | €58k | |
| Gross operating margin | €48k | €38k | |
| Total assets | €222k | €140k |
€48k
-11.6%
21-24
€19k
-27.8%
21-24
€39k
-3.5%
21-24
€222k
+34.1%
21-24
€154k
+14.0%
21-24
€106k
+7.0%
21-24
€7k
-45.2%
21-24
€0
-
21-24
€68k
+123.9%
21-24
€28k
-7.5%
21-24
€40k
-
21-24
4.82
+12.0%
21-24
3.48
-4.7%
21-24
69.5%
-15.0%
21-24
0.44
+96.4%
21-24
12.3%
-36.7%
21-24
8.5%
-46.2%
21-24
21.56
-28.0%
21-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €48k | €54k | €46k | €43k |
| Net profit | €19k | €26k | €22k | €21k |
| Cash flow | €39k | €41k | €36k | €34k |
| Staff costs | - | - | - | - |
| Income taxes | €7k | €13k | €8k | €8k |
| Dividends | - | - | - | €0 |
| Total assets | €222k | €166k | €171k | €156k |
| Equity | €154k | €135k | €109k | €87k |
| Debt | €68k | €30k | €62k | €69k |
| of which ≤ 1y | €28k | €30k | €55k | €53k |
| of which > 1y | €40k | €0 | €7k | €16k |
| Working capital | €106k | €99k | €72k | €49k |
| Employees (FTE) | - | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 4.82 | 4.31 | 2.30 | 1.92 |
| Quick ratio | 3.48 | 3.66 | 1.80 | 1.79 |
| Working capital ratio | 47.8% | 59.9% | 41.8% | 31.1% |
| Solvency | 69.5% | 81.7% | 63.8% | 56.0% |
| Debt / equity | 0.44 | 0.22 | 0.57 | 0.79 |
| Long-term debt ratio | 0.26 | 0.00 | 0.06 | 0.18 |
| Interest coverage | 21.56 | 29.95 | 21.16 | 22.74 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 8.5% | 15.9% | 12.7% | 13.2% |
| ROE | 12.3% | 19.4% | 19.9% | 23.5% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2024
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €222k | €166k | €171k | €156k |
| Fixed assets | 21/28 | €88k | €36k | €45k | €55k |
| Tangible fixed assets | 22/27 | €86k | €36k | €45k | €55k |
| Financial fixed assets | 28 | €2k | - | - | - |
| Current assets | 29/58 | €134k | €129k | €126k | €101k |
| Stocks & contracts in progress | 3 | €37k | €19k | €27k | €7k |
| Amounts receivable within one year | 40/41 | €16k | €20k | €8k | €9k |
| Cash & bank | 54/58 | €78k | €89k | €87k | €82k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €222k | €166k | €171k | €156k |
| Equity | 10/15 | €154k | €135k | €109k | €87k |
| Contributions / capital | 10/11 | €25k | €25k | €25k | €25k |
| Reserves | 13 | €129k | €110k | €84k | €62k |
| Accumulated profits (losses) | 14 | - | - | - | €0 |
| Amounts payable | 17/49 | €68k | €30k | €62k | €69k |
| Amounts payable after one year | 17 | €40k | €0 | €7k | €16k |
| Amounts payable within one year | 42/48 | €28k | €30k | €55k | €53k |
| Trade debts payable within one year | 44 | €7k | €0 | €4k | €263 |
| Income statement | |||||
| Gross operating margin | 9900 | €48k | €55k | €47k | €43k |
| Operating result | 9901 | €28k | €40k | €31k | €29k |
| Financial income | 75 | €743 | €1k | €943 | €1k |
| Financial charges | 65 | €2k | €2k | €2k | €2k |
| Result before taxes | 9903 | €26k | €40k | €30k | €29k |
| Income taxes | 67/77 | €7k | €13k | €8k | €8k |
| Net result for the period | 9904 | €19k | €26k | €22k | €21k |
| Result to be appropriated | 9905 | €19k | €26k | €22k | €21k |
Legal Structure
| NACE primary | Joinery installation(43320) |
| Legal form | Private limited company(610) |
| Incorporation | 28-12-2011 |
| Status | Active |
| Postal code | 8570 |
Establishment units
VANDITIM
since 20112.205.859.776
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34018B0185/00K000 | Flanders | 1,118 m² | 1 · 169 m² | 7.9 m · 2 fl. |
| 34002A0068/00X003 | Flanders | 737 m² | 1 · 97 m² | 7.5 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €19k ▼27.8%
Net result drops to €19k, the lowest in the series.
31-12
Financial
Equity above €150kEq €154k ▲14%
4 profitable years in a row build equity to €154k.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Highest result since 2021net €26k ▲21.4%
Operating result €40k, net result €26k, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €109k ▲24.8%
2 profitable years in a row build equity to €109k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Joinery installation43320
Names & trade names
| Legal nameNL | VANDITIM |
Similar companies
MENUISERIE MICHEL
BE 0473.359.802 · Visé
ALL MODUL
BE 0846.942.632 · Ieper
DBO
BE 0471.496.808 · Overijse
Meeus Interieur
BE 0632.729.812 · Zonhoven
T. SEGERS EN ZOON
BE 0419.351.982 · Bornem