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VANHASSEL ET FILS

Active
Private limited companyfounded 1994active for 32 yearsRue Saint-Jean 180, 1480 Tubize, BelgiumKBO/BCE: BE 0452.237.358
Summary

The computed 12-month bankruptcy probability of VANHASSEL ET FILS is 2.0% (moderate). The 2025 annual accounts show negative equity (-€33,396) and a net result of €10,809. Equity has been shrinking by about 3.7% per year since 2018. Its solvency ranks better than 5% of 9,396 sector peers (NACE 41, financial year 2025). The company has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 28-02-1994 Normal situation
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.067.265.582 1480 Tubize, since 21-06-1994
Financial year end
31 December
Peppol
Reachable since 15-12-2025

Board and ownership

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Annual accounts 2025
Gross margin
€94,175
▲ 68.5%
Turnover
≈ €490,000
estimated
Profit
€10,809
Equity
-€33,396
▲ 24.5%
Total assets
€35,460
▼ 5.0%
Employees on 31-12-2025
1
▼ 50.0%
  • Negative equity on 31-12-2025
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 0.43lowers riskSize: total assets €35,460Founded in 1994Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 35% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -94.2% of total assets
Liquidity 0=
short-term debt 115.8%
Profitability 84+78
return on assets 30.5%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 3.1% 01-2025: 3.1%● unchanged vs 12-2024 02-2025: 3.1%● unchanged vs 01-2025 03-2025: 3.1%● unchanged vs 02-2025 04-2025: 3.2%▲ +0.1 percentage points vs 03-2025 05-2025: 3.2%● unchanged vs 04-2025 06-2025: 3.1%▼ -0.1 percentage points vs 05-2025 07-2025: 3.5%▲ +0.4 percentage points vs 06-2025 08-2025: 4.2%▲ +0.7 percentage points vs 07-2025 09-2025: 4.3%▲ +0.1 percentage points vs 08-2025 10-2025: 4.6%▲ +0.3 percentage points vs 09-2025highest value 11-2025: 4.3%▼ -0.3 percentage points vs 10-2025 12-2025: 4.3%● unchanged vs 11-2025 01-2026: 4.3%● unchanged vs 12-2025 02-2026: 4.3%● unchanged vs 01-2026 03-2026: 4.3%● unchanged vs 02-2026 04-2026: 4.3%● unchanged vs 03-2026 05-2026: 4.2%▼ -0.1 percentage points vs 04-2026 06-2026: 4.3%▲ +0.1 percentage points vs 05-2026 07-2026: 2.0%▼ -2.3 percentage points vs 06-2026lowest value 08-2026: 2.0%● unchanged vs 07-2026 09-2026: 2.0%● unchanged vs 08-2026 10-2026: 2.0%● unchanged vs 09-2026 11-2026: 2.0%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.43 (0.21 in 2024), below 1. Short-term debt is 115.8% of total assets. Equity is negative.
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 41, micro). It does better than 3% of them on solvency, 1% on liquidity, 67% 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

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: total assets €35,460
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.43
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9396 sector peers (2025).
NBB · sector comparison
Position among 9396 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
61 days late
2023
21 days late
2022
29 days late
2021
23 days late
2020
3 days late
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 12 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (4 of the last 5 accounts filed within 38 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€33,396 View
  • Caution: Lower solvency than 95% of companies in construction of buildingssector median 42.9% · 9,396 companies -94.2% View

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointmentsChanges of role: DYSSELEER,Lucienne, VANHASSEL,Raphaël and VANHASSEL,Damien
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as VANHASSEL ET FILS: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €26,200 and €53,800, founded between 1984 and 2002.

CompanyTotal assetsGross margin
VANHASSEL ET FILS Tubize€35,460€94,175
Entreprise Générale de Construction SAB & CO Fleurus€39,789€69,224
BATI-D Liège€40,812€79,370
LAVIA & FILS Fleurus€38,167€61,866
BOUWWERKEN VOET Hulshout€29,089€71,313
BIONDOLILLO FRERES Grâce-Hollogne€26,160€93,081
DRP Algemene Bouwwerken Zoutleeuw€53,753€107,487
Full comparison

Key facts about VANHASSEL ET FILS

What is the company number of VANHASSEL ET FILS?
The company number of VANHASSEL ET FILS is 0452.237.358. The VAT number is the same number with BE in front: BE 0452.237.358.
Where is VANHASSEL ET FILS based?
The registered office is at Rue Saint-Jean 180, 1480 Tubize.Company details
What does VANHASSEL ET FILS do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of VANHASSEL ET FILS?
The legal form of VANHASSEL ET FILS is Private limited company (BV).
When was VANHASSEL ET FILS founded?
VANHASSEL ET FILS was founded on 28-02-1994.
Is VANHASSEL ET FILS still active?
Yes, VANHASSEL ET FILS is an active enterprise in the KBO register.
How many employees does VANHASSEL ET FILS have?
VANHASSEL ET FILS had an average of 1.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VANHASSEL ET FILS?
The turnover in financial year 2025 is ≈ €490,000. This figure is estimated from the gross margin of €94,175 and 108 comparable companies (NACE 41001). It probably lies between €340,000 and €850,000.
Is VANHASSEL ET FILS profitable?
In financial year 2025, VANHASSEL ET FILS made a profit of €10,809.
Where can I find the annual accounts of VANHASSEL ET FILS?
VANHASSEL ET FILS filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VANHASSEL ET FILS due?
VANHASSEL ET FILS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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