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VANHESTE SPORT

Active
Private limited companyfounded 1991active for 35 yearsDorpsstraat 8, 8660 De Panne, BelgiumKBO/BCE: BE 0442.718.688
Summary

VANHESTE SPORT has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €378,836 and a net result of €97,878. Equity is growing by about 3.3% per year across the filed financial years. Its solvency ranks better than 71% of 12,411 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Retail sale of bicycles
NACE 47632
8th oldest company in De Panne, Wholesale and retail trade sector2 sites
Size
€654,189total assets 2025
Staff
1.3 FTE
Equity
€378,836
Profit
€97,878
Turnover not published (abbreviated or micro format)
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Accounts filed 1 day late0 of 3 deeds read
Why 85raises riskLiquidity: current ratio 1.65, cash €5,817Latest accounts 1 days late; 1 of the last 3 lateSector: Retail trade (NACE 47)lowers riskFounded in 1991Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency 83+6
equity 57.9% of total assets
Liquidity 32+3
short-term debt 40.9% · cash 0.9%
Profitability 87+49
return on assets 15.0%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,196 companies, NACE 47, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025lowest value 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.4 percentage points vs 06-2025 08-2025: 1.0%▲ +0.1 percentage points vs 07-2025 09-2025: 1.5%▲ +0.5 percentage points vs 08-2025highest value 10-2025: 0.6%▼ -0.9 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026 07-2026: 1.0%▲ +0.3 percentage points vs 06-2026 08-2026: 0.4%▼ -0.6 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.65, compared with 1.44 in 2024, above the usual 1.5; short-term debt: 40.9% and cash: 0.9% of total assets), and 42.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 71% on solvency, 29% on liquidity, 82% on profitability and 65% on growth.

The bankruptcy probability was computed on 14-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1991
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.65, cash €5,817
NBB · annual accounts
raises risk · Latest accounts 1 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector: Retail trade (NACE 47)
KBO
neutral · Filed after the deadline
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 01-07-2026, 1 day later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
1 day late
2024
60 days late
2023
31 days early
2022
50 days early
2021
22 days early
2020
7 days early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 7 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. The company usually files around 8 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today30-11-2026 year end30-06-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €97,878
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Back in profit in 2025after -€10,610 in 2024 €97,878 View
  • Positive: 8th oldest company in De Panne, Wholesale and retail trade sectorin the Checked rankings No. 8 View
  • Active since 1991founded 23-01-1991 35 years View

By topic

Financials

Financial year
2025
Total assets
€654,189
Profit
€97,878
Solvency
57.9%
Turnover▲ 14.8%
Net result
20182022
Go to Financials

Timeline

Events
38
Since
1992
Next accounts
by 30-06-2027
  1. 30-05-2024Annual accounts filed
  2. 30-11-2023Weakest financial year
  3. 11-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Retail sale of bicyclesNACE 47632
Founded
23-01-1991
Year ends
30-11
Peppol
Reachable for e-invoices
Go to Company details

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