Vanhaelemeesch
ActiveSummary
Vanhaelemeesch has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.63M and a net result of €115k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 77% of 1747 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+2
Solvency95▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.73 in 2024; short-term debt: 11.7% and cash: 3.8% of total assets), and 29.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.2%
Return on assets
3.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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
24 d late
2024
26 d late
2023
27 d late
2022
28 d late
2021
23 d late
2020
17 d late
2019
22 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.63M▲ 4.6%
2024 · €2.52M
2018: €2.29Mlowest in 8 years
2019: €2.34M▲ +2.3% vs 2018
2020: €2.36M▲ +0.7% vs 2019
2021: €2.38M▲ +0.7% vs 2020
2022: €2.44M▲ +2.8% vs 2021
2023: €2.45M▲ +0.2% vs 2022
2024: €2.52M▲ +2.8% vs 2023
2025: €2.63M▲ +4.6% vs 2024highest in 8 years
2018 → 2025
Total assets
€3.75M▲ 1.3%
2024 · €3.70M
2018: €3.30Mlowest in 8 years
2019: €4.59M▲ +39.1% vs 2018highest in 8 years
2020: €4.22M▼ -8.0% vs 2019
2021: €3.99M▼ -5.4% vs 2020
2022: €4.07M▲ +2.0% vs 2021
2023: €3.68M▼ -9.5% vs 2022
2024: €3.70M▲ +0.4% vs 2023
2025: €3.75M▲ +1.3% vs 2024
2018 → 2025
Net result
€115k▲ 68.3%
2024 · €68k
2018: €19k
2019: €52k▲ +173% vs 2018
2020: €17k▼ -66.8% vs 2019
2021: €17k▲ +1.0% vs 2020
2022: €67k▲ +288% vs 2021
2023: €5k▼ -93.0% vs 2022lowest in 8 years
2024: €68k▲ +1351% vs 2023
2025: €115k▲ +68.3% vs 2024highest in 8 years
2018 → 2025
Working capital
€-37k▲ 72.5%
2024 · €-135k
2018: €-65k
2019: €827k▲ +1369% vs 2018
2020: €927k▲ +12.1% vs 2019highest in 8 years
2021: €872k▼ -5.9% vs 2020
2022: €355k▼ -59.3% vs 2021
2023: €-104k▼ -129% vs 2022
2024: €-135k▼ -30.0% vs 2023lowest in 8 years
2025: €-37k▲ +72.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.38M-€2.44M▲ 2.8%€2.45M▲ 0.2%€2.52M▲ 2.8%€2.63M▲ 4.6%
2021: €2.38Mlowest in 5 years
2022: €2.44M▲ +2.8% vs 2021
2023: €2.45M▲ +0.2% vs 2022
2024: €2.52M▲ +2.8% vs 2023
2025: €2.63M▲ +4.6% vs 2024highest in 5 years
Operating result€17k-€67k▲ 291%€6k▼ 90.6%€93k▲ 1,368%€150k▲ 61.9%
2021: €17k
2022: €67k▲ +291% vs 2021
2023: €6k▼ -90.6% vs 2022lowest in 5 years
2024: €93k▲ +1368% vs 2023
2025: €150k▲ +61.9% vs 2024highest in 5 years
Net result€17k-€67k▲ 288%€5k▼ 93.0%€68k▲ 1,351%€115k▲ 68.3%
2021: €17k
2022: €67k▲ +288% vs 2021
2023: €5k▼ -93.0% vs 2022lowest in 5 years
2024: €68k▲ +1351% vs 2023
2025: €115k▲ +68.3% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 62% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.75M
Fixed assets
€3.35M ▲ 0.5%
Current assets
€403k ▲ 8.6%
Equity and liabilities €3.75M
Equity
€2.63M ▲ 4.6%
Debt
€1.12M ▼ 5.6%
Debt's share of the balance-sheet total falls from 32.0% to 29.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€251k▲
2024 · €186k
Cash flow
€216k▲
2024 · €161k
Current ratio
0.92▲
2024 · 0.73
Quick ratio
0.58▲
2024 · 0.45
Debt to equity
0.42▼
2024 · 0.47
ROE
4.4%▲
2024 · 2.7%
ROA
3.1%▲
2024 · 1.8%
Interest coverage
3033.81▲
2024 · 1321.16
Debt ≤ 1 year
€440k▼
2024 · €506k
Debt > 1 year
€678k=
2024 · €678k
Income taxes
€35k▲
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.70M€3.75M▲
Fixed assets21/28€3.33M€3.35M▲
Intangible fixed assets21€12k-
Tangible fixed assets22/27€3.32M€3.35M▲
Land and buildings22€3.24M€3.19M▼
Plant, machinery and equipment23€80k€48k▼
Furniture and vehicles24-€106k
Financial fixed assets28€248-
Current assets29/58€371k€403k▲
Stocks and contracts in progress3€143k€146k▲
Stocks30/36€143k€146k▲
Amounts receivable within one year40/41€11k€113k▲
Trade receivables40€11k€102k▲
Other amounts receivable41-€11k
Cash at bank and in hand54/58€216k€144k▼
Equity and liabilities
Total equity and liabilities10/49€3.70M€3.75M▲
Equity10/15€2.52M€2.63M▲
Contributions10/11€1.50M€1.50M=
Reserves13€1.00M€1.10M▲
Distributable reserves133€1.00M€1.10M▲
Profit (loss) carried forward14€15k€30k▲
Amounts payable17/49€1.18M€1.12M▼
Amounts payable after more than one year17€678k€678k=
Other amounts payable178/9€678k€678k=
Amounts payable within one year42/48€506k€440k▼
Trade debts44€363k€240k▼
Suppliers440/4€363k€240k▼
Taxes, remuneration and social security45€11k€5k▼
Taxes450/3€11k€5k▼
Other amounts payable47/48€133k€195k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€93k€101k▲
Other operating charges640/8€24k€24k▲
Gross operating margin9900€209k€275k▲
Operating profit (loss)9901€93k€150k▲
Financial income75/76B€360€116▼
Recurring financial income75€360€116▼
Financial charges65/66B€141€83▼
Recurring financial charges65€141€83▼
Profit (loss) for the period before taxes9903€93k€150k▲
Income taxes67/77€25k€35k▲
Profit (loss) for the period9904€68k€115k▲
Profit (loss) for the period to be appropriated9905€68k€115k▲
Appropriation of the result
Profit (loss) to be appropriated9906€115k€130k▲
Profit (loss) brought forward from the previous period14P€47k€15k▼
Transfer to equity691/2€100k€100k=
To other reserves6921€100k€100k=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €11k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €138k | €154k | €170k | €93k | €101k | ▲ 8.2% |
| Other operating charges640/8 | €11k | €15k | €23k | €24k | €24k | ▲ 3.0% |
| Gross operating margin9900 | €166k | €236k | €200k | €209k | €275k | ▲ 31.4% |
| Operating profit (loss)9901 | €17k | €67k | €6k | €93k | €150k | ▲ 61.9% |
| Financial income75/76B | €333 | €222 | €222 | €360 | €116 | ▼ 67.7% |
| Recurring financial income75 | €333 | €222 | €222 | €360 | €116 | ▼ 67.7% |
| Financial charges65/66B | €57 | - | €69 | €141 | €83 | ▼ 41.2% |
| Recurring financial charges65 | €57 | - | €69 | €141 | €83 | ▼ 41.2% |
| Profit (loss) for the period before taxes9903 | €17k | €67k | €6k | €93k | €150k | ▲ 61.6% |
| Income taxes67/77 | €100 | - | €2k | €25k | €35k | ▲ 43.0% |
| Profit (loss) for the period9904 | €17k | €67k | €5k | €68k | €115k | ▲ 68.3% |
| Profit (loss) for the period to be appropriated9905 | €17k | €67k | €5k | €68k | €115k | ▲ 68.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.99M | €4.07M | €3.68M | €3.70M | €3.75M | ▲ 1.3% |
| Fixed assets21/28 | €2.96M | €3.33M | €3.42M | €3.33M | €3.35M | ▲ 0.5% |
| Intangible fixed assets21 | €62k | €46k | €29k | €12k | - | - |
| Tangible fixed assets22/27 | €2.89M | €3.28M | €3.39M | €3.32M | €3.35M | ▲ 0.9% |
| Land and buildings22 | €2.73M | €3.08M | €3.28M | €3.24M | €3.19M | ▼ 1.4% |
| Plant, machinery and equipment23 | €96k | €164k | €113k | €80k | €48k | ▼ 40.6% |
| Furniture and vehicles24 | €71k | €34k | €0 | - | €106k | - |
| Financial fixed assets28 | €248 | €248 | €248 | €248 | - | - |
| Current assets29/58 | €1.04M | €745k | €264k | €371k | €403k | ▲ 8.6% |
| Stocks and contracts in progress3 | €686k | €482k | €207k | €143k | €146k | ▲ 2.0% |
| Stocks30/36 | €686k | €482k | €207k | €143k | €146k | ▲ 2.0% |
| Amounts receivable within one year40/41 | €116k | €130k | €35k | €11k | €113k | ▲ 884% |
| Trade receivables40 | €107k | €125k | €33k | €11k | €102k | ▲ 789% |
| Other amounts receivable41 | €9k | €5k | €3k | - | €11k | - |
| Cash at bank and in hand54/58 | €236k | €132k | €21k | €216k | €144k | ▼ 33.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.99M | €4.07M | €3.68M | €3.70M | €3.75M | ▲ 1.3% |
| Equity10/15 | €2.38M | €2.44M | €2.45M | €2.52M | €2.63M | ▲ 4.6% |
| Contributions10/11 | €1.50M | €1.50M | €1.50M | €1.50M | €1.50M | = |
| Reserves13 | €256k | €900k | €900k | €1.00M | €1.10M | ▲ 10.0% |
| Non-distributable reserves130/1 | €150k | - | - | - | - | - |
| Reserves not available under the articles1311 | €150k | - | - | - | - | - |
| Distributable reserves133 | €106k | €900k | €900k | €1.00M | €1.10M | ▲ 10.0% |
| Profit (loss) carried forward14 | €619k | €42k | €47k | €15k | €30k | ▲ 97.8% |
| Amounts payable17/49 | €1.62M | €1.63M | €1.24M | €1.18M | €1.12M | ▼ 5.6% |
| Amounts payable after more than one year17 | €1.45M | €1.24M | €870k | €678k | €678k | = |
| Other amounts payable178/9 | €1.45M | €1.24M | €870k | €678k | €678k | = |
| Amounts payable within one year42/48 | €165k | €390k | €367k | €506k | €440k | ▼ 13.0% |
| Trade debts44 | €137k | €309k | €305k | €363k | €240k | ▼ 33.8% |
| Suppliers440/4 | €137k | €309k | €305k | €363k | €240k | ▼ 33.8% |
| Taxes, remuneration and social security45 | - | - | €2k | €11k | €5k | ▼ 52.1% |
| Taxes450/3 | - | - | €2k | €11k | €5k | ▼ 52.1% |
| Other amounts payable47/48 | €29k | €81k | €60k | €133k | €195k | ▲ 46.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €67k | €5k | €68k | €115k | ▲ 68.3% |
| + Depreciation and write-downs630 | €138k | €154k | €170k | €93k | €101k | ▲ 8.2% |
| Operating cash flow (approximation) | €155k | €221k | €175k | €161k | €216k | ▲ 33.6% |
| Investment in fixed assets (approximation) | - | €-525k | €-264k | €0 | €-118k | - |
| Change in cash | - | €-103k | €-111k | €195k | €-73k | ▼ 137% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
31-12
Financial
Highest result since 2018net €115k ▲68.3%
Operating result €150k, net result €115k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-12
Financial
Weakest financial yearnet €5k ▼93%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
22-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 22 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 2.27
Current ratio from 0.87 to 2.27.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
25-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 25 days late
2017
20-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are 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, Sint-Laureins · 1 establishment unit since 1989
Ground area
1.7 ha
Building footprint
101 m²
Volume, LiDAR
664 m³
Parcel 43017A0093/00N000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ANNIMMO
since 19892.043.002.617
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43017A0093/00N000 | Flanders | 1.7 ha | 1 · 101 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Laureins2.043.002.617
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Of 20,587 companies in sector 01500 we hold annual accounts for 1,149. 573 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-03-1989
Fiscal year end31-12
Activities, NACEBEL 2025
01500Mixed farming
01110Growing of cereals (except rice), leguminous crops and oil seeds
01420Raising of other cattle and buffaloes
Scores and ratios are computed by Checked and are not a credit decision.