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VANDOGRO

Active
Private limited companyfounded 200521 yrs activeSchaapdreef(O) 55, 8710 Wielsbeke, BelgiumKBO/BCE: BE 0870.993.385
Summary

VANDOGRO has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €509,195 and a net result of €78,722. Equity is growing by ~36.3% per year across the filed fiscal years. Its solvency ranks better than 79% of 3939 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Growing of vegetables, melons, roots and tubers
NACE 01130NACE 01121
1 site
Size
€744,431total assets 2024
Staff
4.4 FTE
Equity
€509,195
Profit
€78,722
Turnover not published (abridged schema)
Financial health
57 Fair Checked score 2024
Bankruptcy chance 12 m
0.6%
Structure
Accounts 64 d overdue0 of 2 deeds read
Why 57Capped at 59: a confirmed filing finding- 1 financial year not filed after the legal deadline; latest accounts 152 days late; 3 of the last 3 late- Figures for FY 2024 (filed 07-01-2026)+ Founded in 2005+ Sector Crop and animal production, hunting and related service activities (NACE 01)Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 73% of its sector peers (NACE 01, micro)
Performance against the sector, not lower risk
A confirmed filing finding caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency 93+8
equity 68.4% of total assets
Liquidity 57+7
short-term debt 18.2% · cash 9.5%
Profitability 82+71
return on assets 10.6%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,652 companies)
Last 24 months 11-2024: 0.7% 12-2024: 1.0%▲ +30.3% vs 11-2024 01-2025: 0.6%▼ -36.5% vs 12-2024 02-2025: 0.6%● 0.0% vs 01-2025 03-2025: 0.6%▲ +3.8% vs 02-2025 04-2025: 0.6%▼ -3.8% vs 03-2025 05-2025: 0.6%▼ -6.9% vs 04-2025 06-2025: 0.6%▲ +4.3% vs 05-2025 07-2025: 0.7%▲ +13.3% vs 06-2025 08-2025: 1.0%▲ +49.6% vs 07-2025 09-2025: 1.0%▲ +4.5% vs 08-2025 10-2025: 1.3%▲ +20.7% vs 09-2025 11-2025: 1.3%▲ +5.9% vs 10-2025 12-2025: 1.7%▲ +29.3% vs 11-2025 01-2026: 3.2%▲ +84.5% vs 12-2025highest value 02-2026: 0.3%▼ -91.2% vs 01-2026 03-2026: 0.3%▲ +4.3% vs 02-2026 04-2026: 0.3%▼ -6.2% vs 03-2026 05-2026: 0.3%▲ +1.8% vs 04-2026 06-2026: 0.3%▼ -5.8% vs 05-2026lowest value 07-2026: 0.3%▲ +21.8% vs 06-2026 08-2026: 0.5%▲ +65.7% vs 07-2026 09-2026: 0.5%▲ +3.4% vs 08-2026 10-2026: 0.6%▲ +17.1% vs 09-2026
  • 1 financial year not filed after the legal deadline; latest accounts 152 days late; 3 of the last 3 late raises the probability
  • Figures for FY 2024 (filed 07-01-2026) raises the probability
  • Founded in 2005 lowers the probability for this profile
  • Sector Crop and animal production, hunting and related service activities (NACE 01) lowers the probability
Credit up to €25,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.68 against 0.55 in 2023; short-term debt: 18.2% and cash: 9.5% of total assets), and 31.6% 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 01, micro). Better than this share of them on solvency 78%, liquidity 64%, profitability 78%, growth against the median 70%. 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.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 152 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Figures for FY 2024 (filed 07-01-2026)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2005
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Sector Crop and animal production, hunting and related service activities (NACE 01)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-12-2025, 152 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
152 d late
2023
142 d late
2022
153 d late
2021
72 d late
2020
114 d late
2019
84 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 120 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Back to profitnet €78,722
  3. Equity above €500,000Eq €509,195 ▲18.3%

Key points

  • Positive: Back in profit in 2024after -€42,494 in 2023 €78,722 View
  • Positive: Among the best 10% on net resultsector median €5,578 · 3,937 companies €78,722 View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View

By topic

Financials

Fiscal year
2024
Total assets
€744,431
Profit
€78,722
Solvency
68.4%
Total assets▲ 3.2%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
  1. 30-12-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 31-12-2024Equity above €500,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Growing of vegetables, melons, roots and tubersNACE 01130
Founded
05-01-2005
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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