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VANDOTEC

Active
Public limited companyfounded 1978active for 48 yearsNijverheidsstraat 49, 8970 Poperinge, BelgiumKBO/BCE: BE 0417.923.411
Summary

VANDOTEC has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €1.3m. Equity has been growing by about 31% per year since 2019. Its solvency ranks better than 59% of 525 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 13-01-1978 Normal situation
Activity
Civil engineering NACE 42219and 5 others
Joint committees
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
124 Paritair Comité voor het bouwbedrijf · annual accounts 30-06-2025
Establishment unit
2.014.475.610 8970 Poperinge, since 01-02-1978
Financial year end
30 June
Peppol
Reachable since 15-07-2026

Board and ownership

Board
  • BENIMAManaging director · permanent representative Benoit GOESAERT
  • BEKIMDirector · permanent representative Kevin BERVOET
Shareholders
  • BENIMA· score 962025 annual accounts of BENIMA
  • BEKIM· score 9430-09-2025 annual accounts of BEKIM

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-06-2025
Gross margin
€3.9m
▲ 5.6%
Turnover
≈ €6.7m
estimated
Profit
€1.3m
▲ 1.3%
Equity
€2.9m
▲ 31.0%
Total assets
€6.1m
▲ 15.2%
Employees on 30-06-2025
31
▲ 3.3%
Score breakdownraises riskLiquidity: current ratio 1.79, cash €348,542lowers riskFounded in 1978Profit of €1.3m (financial year 2025)Size: 26.7 FTE, total assets €6.1mShow the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of small companies in civil engineering (NACE 42)
Financial strength · tick: 2024
Strong
Solvency 72+5
equity 47.5% of total assets
Liquidity 34=
short-term debt 47.4% · cash 5.7%
Profitability 95-4
return on assets 21.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (301 companies, NACE 42, small)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024highest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €270,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.79 (1.59 in 2024), above the usual 1.5. Short-term debt is 47.4% and cash 5.7% of total assets. However, 52.5% 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 42, small). It does better than 63% of them on solvency, 32% on liquidity, 91% on profitability and 85% on growth.

The bankruptcy probability was computed on 03-11-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1978
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Profit of €1.3m (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.79, cash €348,542
NBB · annual accounts
lowers risk · Size: 26.7 FTE, total assets €6.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
1 day early
2023
2 days early
2022
1 day early
2021
1 day late
2020
3 days early
2019
9 days early
← 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 2 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 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
30-06-2026 year end04-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest employer in Poperinge, Construction sectorin the Checked rankings No. 1 View
  • Positive: 7 profitable years in a rowprofit 2025: €1.3m 7 years View
  • Positive: Equity rose in 2025from €2.2m to €2.9m ▲ 31.0% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
  • Flemish supportawarded from 2022 to 2025 €54,473 View

Recent changes

  1. · Gazette deed Purpose · Amendment of the articles
  2. · Gazette deed 3 reappointedReappointments: BENIMA (director) and BEKIM (director) · Permanent representatives: Benoit GOESAERT and Kevin BERVOET
All 16 events

Comparable companies

These companies have the same main activity as VANDOTEC: civil engineering (NACE 42219). They are comparable in size and age: total assets between €1.4m and €6.6m, founded between 1976 and 2010.

CompanyTotal assetsGross margin
VANDOTEC Poperinge€6.1m€3.9m
GEBO Dessel€2.7m€1.4m
GILMASO Genk€1.4m€1.7m
GLIM SERVICE Bilzen-Hoeselt€5.7m€1.9m
LIMGAZ Beringen€6.6m€2.7m
JORDENS MC INFRA Tongeren-Borgloon€2.9m€2.1m
E.D.L. Kuurne€1.6m€0.7m
Full comparison

Key facts about VANDOTEC

What is the company number of VANDOTEC?
The company number of VANDOTEC is 0417.923.411. The VAT number is the same number with BE in front: BE 0417.923.411.
Where is VANDOTEC based?
The registered office is at Nijverheidsstraat 49, 8970 Poperinge.Company details
What does VANDOTEC do?
According to the KBO register, the main activity is civil engineering (NACE 42219).
What is the legal form of VANDOTEC?
The legal form of VANDOTEC is Public limited company (NV).
When was VANDOTEC founded?
VANDOTEC was founded on 13-01-1978.
Is VANDOTEC still active?
Yes, VANDOTEC is an active enterprise in the KBO register.
How many employees does VANDOTEC have?
VANDOTEC had an average of 26.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VANDOTEC fall under?
In its 30-06-2025 annual accounts, VANDOTEC states joint committees 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid), 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw) and 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of VANDOTEC?
The turnover in financial year 2025 is ≈ €6.7m. This figure is estimated from the gross margin of €3.9m and 1,584 comparable companies of the same size. It probably lies between €4.5m and €11.0m. It is a rough estimate.
Is VANDOTEC profitable?
In financial year 2025, VANDOTEC made a profit of €1.3m.
Where can I find the annual accounts of VANDOTEC?
VANDOTEC filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VANDOTEC due?
VANDOTEC must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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