VANHOECKE CONSTRUCT
ActiveVANHOECKE CONSTRUCT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €-5k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 37% of 27407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-58
Solvency62▼-22
Growth78=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.41 in 2024), and 64.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.7%
Return on assets
-5.7%
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 27-08-2026, 27 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
27 d late
2024
25 d late
2023
51 d early
2022
26 d early
2021
54 d early
2020
47 d early
2019
4 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€32k▼ 13.8%
2024 · €37k
2018: €12k
2019: €19k
2020: €22k
2021: €23k
2022: €37k
2023: €33k
2024: €37k
2018 → 2025
Total assets
€91k▲ 29.3%
2024 · €70k
2018: €69k
2019: €38k
2020: €59k
2021: €39k
2022: €70k
2023: €72k
2024: €70k
2018 → 2025
Net result
€-5k
2024 · €4k
2018: €-9k
2019: €7k
2020: €4k
2021: €514
2022: €14k
2023: €-3k
2024: €4k
2018 → 2025
Working capital
€9k▼ 28.4%
2024 · €13k
2018: €-4k
2019: €11k
2020: €21k
2021: €21k
2022: €36k
2023: €5k
2024: €13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€37k▲ 59.6%€33k▼ 9.5%€37k▲ 13.2%€32k▼ 13.8%
Operating result€1k-€18k▲ 1,225%€-3k€9k€-5k
Net result€514-€14k▲ 2,562%€-3k€4k€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €9k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets
€47k▲ 76.0%
Current assets
€43k▲ 0.2%
Equity and liabilities €91k
Equity
€32k▼ 13.8%
Provisions
€1k▼ 33.3%
Debt
€57k▲ 86.1%
The debt ratio rises from 43.7% to 62.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€8k▼
2024 · €16k
Cash flow
€8k▼
2024 · €12k
Solvency
35.7%▼
2024 · 53.6%
Current ratio
1.26▼
2024 · 1.41
Quick ratio
1.26▼
2024 · 1.28
Debt / equity
1.76▲
2024 · 0.82
ROE
-16.0%▼
2024 · 11.7%
ROA
-5.7%▼
2024 · 6.2%
Interest coverage
3.67▼
2024 · 6.89
Debt
€57k▲
2024 · €31k
Debt ≤ 1 year
€34k▲
2024 · €31k
Debt > 1 year
€23k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€70k€91k▲
Fixed assets21/28€27k€47k▲
Tangible fixed assets22/27€27k€47k▲
Land and buildings22€6k€6k▼
Plant, machinery and equipment23€2k€721▼
Furniture and vehicles24€19k€41k▲
Financial fixed assets28€15-
Current assets29/58€43k€43k▲
Stocks and contracts in progress3€4k-
Stocks30/36€4k-
Amounts receivable within one year40/41€33k€37k▲
Trade receivables40€33k€4k▼
Other amounts receivable41€697€34k▲
Cash at bank and in hand54/58€4k€3k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€70k€91k▲
Equity10/15€37k€32k▼
Contributions10/11€12k€12k=
Reserves13€25k€23k▼
Tax-exempt reserves132€8k€5k▼
Distributable reserves133€17k€17k=
Profit (loss) carried forward14-€-3k
Provisions and deferred taxes16€2k€1k▼
Deferred taxes168€2k€1k▼
Amounts payable17/49€31k€57k▲
Amounts payable after more than one year17-€23k
Financial debts170/4-€23k
Amounts payable within one year42/48€31k€34k▲
Current portion of amounts payable after more than one year42€2k€13k▲
Trade debts44€20k€15k▼
Suppliers440/4€20k€15k▼
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€5k▲
Remuneration and social security454/9-€1k
Other amounts payable47/48€6k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€13k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€17k€9k▼
Operating profit (loss)9901€9k€-5k▼
Financial income75/76B€194€1k▲
Recurring financial income75€194€1k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€6k€-6k▼
Transfer from deferred taxes780€634€634=
Income taxes67/77€3k-
Profit (loss) for the period9904€4k€-5k▼
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€7k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-3k▼
Transfer to equity691/2€7k-
To other reserves6921€7k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €14k ▲2562%
Operating result €18k, net result €14k, both a record.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ieper · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lotzstraat 98904 IeperGround area
417 m²
Building footprint
212 m²
Volume, LiDAR
1,104 m³
Parcel 33003A0422/00V000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vanhoecke Construct
since 20112.204.152.972
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33003A0422/00V000 | Flanders | 417 m² | 1 · 212 m² | 9.0 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
TT-Sunprojects
BE 0803.806.534
Menen · Eq €32k
TIELEMANS PATRICK
BE 0771.914.221
Peer · Eq €32k
KERN Design
BE 1012.035.642
Ravels · Eq €32k
MT Construct
BE 1005.927.216
Nijlen · Eq €32k
ARTE FINESTRA
BE 0461.472.847
Braine-le-Comte · Eq €32k
Of 19,947 companies in sector 43320 we hold annual accounts for 9,086. 6,858 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-10-2011
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.