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VANGEEL LUDO

Active
Private limited companyfounded 1990active for 36 yearsKukkelbergstraat 11, 3830 Wellen, BelgiumKBO/BCE: BE 0442.095.811
Summary

VANGEEL LUDO has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €109,743 and a net result of €18,228. Equity has been growing by about 6.1% per year since 2019. Its solvency ranks better than 61% of 360 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-09-1990 Normal situation
Activity
Other specialised construction activities NACE 43990and 3 others
Establishment units
2.064.250.169 3830 Wellen, since 10-11-1993
2.221.033.051 3830 Wellen, since 01-01-2013
Financial year end
31 March
Peppol
Reachable since 12-02-2025

Board and ownership

Board
  • Vangeel GinoDirector
  • Vangeel GwenDirector

Financial position

96 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-03-2026
Gross margin
€64,932
▲ 114%
Turnover
≈ €350,000
estimated
Profit
€18,228
▲ 264%
Equity
€109,743
▲ 19.9%
Total assets
€183,854
▲ 20.2%
Staff
≈ 0 FTE
estimated
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.43, cash €86,859Equity €109,743 (59.7% of total assets)Founded in 1990Show the evidence

Checked score

Score 2026
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 71% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2025
Strong
Solvency 85=
equity 59.7% of total assets
Liquidity 92+3
short-term debt 23.2% · cash 47.2%
Profitability 81+8
return on assets 9.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025highest value 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 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.43 (3.08 in 2025), above the usual 1.5. Short-term debt is 23.2% and cash 47.2% of total assets. 40.3% 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 43, micro). It does better than 65% of them on solvency, 89% on liquidity, 62% on profitability and 67% 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 · Liquidity: current ratio 2.43, cash €86,859
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €109,743 (59.7% of total assets)
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-09-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
31 days early
2025
18 days early
2024
31 days early
2023
33 days early
2022
31 days early
2021
20 days early
2020
4 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 24 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 September (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
03-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 3rd oldest company in Wellen, Construction sectorin the Checked rankings No. 3 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as VANGEEL LUDO: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €152,000 and €218,000, founded between 1984 and 1994.

CompanyTotal assetsGross margin
VANGEEL LUDO Wellen€183,854€64,932
NIJS Hoeselt€153,448€69,042
MARCOLINI Charleroi€193,302€75,903
AANNEMINGEN HENDRIK JACOBS Puurs-Sint-Amands€163,771€69,799
EURO CREA Waterloo€218,373€54,239
DRS Hasselt€151,781€65,477
KENIS PETER AUTOMATISERING Bree€214,607€45,299
Full comparison

Key facts about VANGEEL LUDO

What is the company number of VANGEEL LUDO?
The company number of VANGEEL LUDO is 0442.095.811. The VAT number is the same number with BE in front: BE 0442.095.811.
Where is VANGEEL LUDO based?
The registered office is at Kukkelbergstraat 11, 3830 Wellen.Company details
What does VANGEEL LUDO do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of VANGEEL LUDO?
The legal form of VANGEEL LUDO is Private limited company (BV).
When was VANGEEL LUDO founded?
VANGEEL LUDO was founded on 21-09-1990.
Is VANGEEL LUDO still active?
Yes, VANGEEL LUDO is an active enterprise in the KBO register.
What is the turnover of VANGEEL LUDO?
The turnover in financial year 2026 is ≈ €350,000. This figure is estimated from the gross margin of €64,932 and 90 comparable companies (NACE 43990). It probably lies between €230,000 and €650,000.Financials
Is VANGEEL LUDO profitable?
In financial year 2026, VANGEEL LUDO made a profit of €18,228.
Where can I find the annual accounts of VANGEEL LUDO?
VANGEEL LUDO filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of VANGEEL LUDO due?
VANGEEL LUDO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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