VANHAEREN GILBERT
ActiveVANHAEREN GILBERT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €256k and a net result of €23k. Equity is shrinking by ~9% per year across the filed fiscal years. Its solvency ranks better than 84% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
86
/ 100
Excellent▼ -12 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability45▼-13
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 5.72 against 7.0 in 2023), and 21.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
40 d early
2022
5 d early
2021
3 d early
2020
19 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€256k▲ 9.9%
2023 · €233k
2018: €377k
2019: €410k
2020: €411k
2021: €219k
2022: €235k
2023: €233k
2018 → 2024
Total assets
€328k▲ 15.5%
2023 · €284k
2018: €582k
2019: €586k
2020: €469k
2021: €264k
2022: €312k
2023: €284k
2018 → 2024
Net result
€23k▼ 15.0%
2023 · €27k
2018: €18k
2019: €33k
2020: €1k
2021: €-42k
2022: €16k
2023: €27k
2018 → 2024
Working capital
€177k▼ 11.3%
2023 · €199k
2018: €201k
2019: €236k
2020: €364k
2021: €177k
2022: €195k
2023: €199k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€411k-€219k▼ 46.8%€235k▲ 7.5%€233k▼ 0.8%€256k▲ 9.9%
Operating result€11k-€-23k€20k€36k▲ 81.3%€33k▼ 7.1%
Net result€1k-€-42k€16k€27k▲ 64.3%€23k▼ 15.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €328k
Fixed assets
€114k▲ 121%
Current assets
€214k▼ 7.9%
Equity and liabilities €328k
Equity
€256k▲ 9.9%
Debt
€72k▲ 41.3%
The debt ratio rises from 17.9% to 21.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€60k▲
2023 · €49k
Cash flow
€50k▲
2023 · €40k
Solvency
78.2%▼
2023 · 82.1%
Current ratio
5.72▼
2023 · 7.00
Quick ratio
5.67▼
2023 · 6.94
Debt / equity
0.28▲
2023 · 0.22
ROE
9.0%▼
2023 · 11.6%
ROA
7.0%▼
2023 · 9.5%
Interest coverage
25.97▼
2023 · 31.77
Debt
€72k▲
2023 · €51k
Debt ≤ 1 year
€37k▲
2023 · €33k
Debt > 1 year
€34k▲
2023 · €13k
Income taxes
€9k▲
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€284k€328k▲
Fixed assets21/28€51k€114k▲
Tangible fixed assets22/27€51k€113k▲
Furniture and vehicles24€28k€95k▲
Other tangible fixed assets26€23k€18k▼
Financial fixed assets28€325€325=
Current assets29/58€233k€214k▼
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€43k€35k▼
Trade receivables40€39k€31k▼
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€183k€173k▼
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€284k€328k▲
Equity10/15€233k€256k▲
Contributions10/11€19k€19k=
Reserves13€215k€238k▲
Distributable reserves133€215k€238k▲
Amounts payable17/49€51k€72k▲
Amounts payable after more than one year17€13k€34k▲
Financial debts170/4€13k€34k▲
Amounts payable within one year42/48€33k€37k▲
Current portion of amounts payable after more than one year42€9k€20k▲
Trade debts44€14k€10k▼
Suppliers440/4€14k€10k▼
Advances received on contracts in progress46€1k-
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€3k€4k▲
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€3k-
Accrued charges and deferred income492/3€4k€136▼
Income statement
Code20232024
Non-recurring operating income76A€535€14k▲
Remuneration, social security and pensions62€10k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€27k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€330
Other operating charges640/8€4k€4k▲
Gross operating margin9900€62k€64k▲
Operating profit (loss)9901€36k€33k▼
Financial income75/76B€4€505▲
Recurring financial income75€4€505▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€34k€32k▼
Income taxes67/77€7k€9k▲
Profit (loss) for the period9904€27k€23k▼
Profit (loss) for the period to be appropriated9905€27k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€23k▼
Transfer from equity791/2€29k-
Transfer to equity691/2€27k€23k▼
To other reserves6921€27k€23k▼
Profit to be distributed694/7€29k-
Return on contributions (dividend)694€29k-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-42k ▼3375%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity doublescurrent ratio 7.36
Current ratio from 3.51 to 7.36; short-term debt falls from €94k to €57k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €33k ▲81.7%
Operating result €52k, net result €33k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Alken · 1 establishment unit since 2004
Ground area
983 m²
Building footprint
134 m²
Volume, LiDAR
784 m³
Parcel 73302D0244/00F000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vanhaeren Gilbert / Kraanwerken VG
since 20042.143.576.373
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73302D0244/00F000 | Flanders | 983 m² | 1 · 134 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MULTI SPRAY ENTERPRISES
BE 0446.627.491
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Baarbeekhoeve
BE 0864.971.170
Mechelen · Eq €256k
SITAR
BE 0825.680.727
Brussel · Eq €256k
BOUWBEDRIJF FEDRIGO
BE 0865.948.989
Heist-op-den-Berg · Eq €257k
FOREST AVENUE & C°
BE 0878.290.854
Wevelgem · Eq €257k
Of 15,441 companies in sector 43990 we hold annual accounts for 7,356. 5,544 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-11-2004
Fiscal year end31-12
Activities, NACEBEL
20300
43990Other specialised construction activities
43999Specialised construction activities
25230
28120
43320Joinery installation
43343Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.