Vanhollebeke
ActiveVanhollebeke has been active since 1954 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187k and a net result of €68k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 40% of 7757 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-15
Solvency61▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.33 in 2024; short-term debt: 63.6% and cash: 16% of total assets), but 63.6% 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
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 · 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 · 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
36.4%
Return on assets
13.3%
Age of the figures
9 mo
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
29 d late
2023
8 d late
2022
37 d late
2021
54 d late
2020
24 d late
2019
78 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€187k▲ 57.3%
2024 · €119k
2018: €20k
2019: €130k
2020: €147k
2021: €151k
2022: €87k
2023: €610
2024: €119k
2018 → 2025
Total assets
€514k▲ 8.9%
2024 · €471k
2018: €397k
2019: €272k
2020: €392k
2021: €379k
2022: €344k
2023: €394k
2024: €471k
2018 → 2025
Net result
€68k▼ 42.4%
2024 · €118k
2018: €6k
2019: €110k
2020: €17k
2021: €4k
2022: €-65k
2023: €-86k
2024: €118k
2018 → 2025
Working capital
€184k▲ 58.8%
2024 · €116k
2018: €57k
2019: €135k
2020: €131k
2021: €148k
2022: €68k
2023: €5k
2024: €116k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€151k-€87k▼ 42.7%€610▼ 99.3%€119k▲ 19,408%€187k▲ 57.3%
Operating result€9k-€-66k€-74k▼ 12.8%€120k€81k▼ 33.1%
Net result€4k-€-65k€-86k▼ 33.1%€118k€68k▼ 42.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €514k
Fixed assets
€3k▲ 0.8%
Current assets
€510k▲ 9.0%
Equity and liabilities €514k
Equity
€187k▲ 57.3%
Debt
€326k▼ 7.4%
The debt ratio falls from 74.8% to 63.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€82k▼
2024 · €124k
Cash flow
€70k▼
2024 · €122k
Solvency
36.4%▲
2024 · 25.2%
Current ratio
1.56▲
2024 · 1.33
Quick ratio
1.14▲
2024 · 0.87
Debt / equity
1.74▼
2024 · 2.96
ROE
36.4%▼
2024 · 99.5%
ROA
13.3%▼
2024 · 25.1%
Interest coverage
6.22▼
2024 · 11.71
Debt
€326k▼
2024 · €352k
Debt ≤ 1 year
€326k▼
2024 · €352k
Income taxes
€115▲
2024 · €0
Staff costs
€369k▼
2024 · €462k
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€471k€514k▲
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€3k€3k▲
Plant, machinery and equipment23€1k€751▼
Furniture and vehicles24€1k€2k▲
Other tangible fixed assets26€233€95▼
Financial fixed assets28€496€496=
Current assets29/58€468k€510k▲
Stocks and contracts in progress3€162k€138k▼
Stocks30/36€55k€50k▼
Contracts in progress37€108k€88k▼
Amounts receivable within one year40/41€207k€283k▲
Trade receivables40€193k€271k▲
Other amounts receivable41€14k€12k▼
Cash at bank and in hand54/58€97k€82k▼
Deferred charges and accrued income490/1€2k€8k▲
Equity and liabilities
Total equity and liabilities10/49€471k€514k▲
Equity10/15€119k€187k▲
Contributions10/11€124k€124k=
Reserves13€14k€63k▲
Tax-exempt reserves132€2k€2k=
Distributable reserves133€12k€61k▲
Profit (loss) carried forward14€-19k€0▲
Amounts payable17/49€352k€326k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€352k€326k▼
Current portion of amounts payable after more than one year42€150k€0▼
Financial debts43-€150k
Credit institutions430/8-€150k
Trade debts44€139k€155k▲
Suppliers440/4€139k€155k▲
Advances received on contracts in progress46€1k€1k=
Taxes, remuneration and social security45€44k€20k▼
Taxes450/3€7k€2k▼
Remuneration and social security454/9€37k€19k▼
Other amounts payable47/48€18k€0▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€462k€369k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k€6k▼
Other operating charges640/8€13k€18k▲
Non-recurring operating charges66A€13k€0▼
Gross operating margin9900€618k€476k▼
Operating profit (loss)9901€120k€81k▼
Financial income75/76B€9k€937▼
Recurring financial income75€9k€937▼
Financial charges65/66B€11k€13k▲
Recurring financial charges65€11k€13k▲
Profit (loss) for the period before taxes9903€118k€68k▼
Income taxes67/77€0€115▲
Profit (loss) for the period9904€118k€68k▼
Profit (loss) for the period to be appropriated9905€118k€68k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€49k▲
Profit (loss) brought forward from the previous period14P€-138k€-19k▲
Transfer to equity691/2-€49k
To other reserves6921-€49k
Social balance
Average headcount (FTE)90877.36.3▼
The notes to these accounts (18 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €150kEq €187k ▲57.3%
2 profitable years in a row build equity to €187k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Back to profitnet €118k
Net result €118k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €119k ▲19408%
Equity rises from €610 to €119k.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
2023
31-12
Financial
Weakest financial yearnet €-86k
Net result drops to €-86k, the lowest in the series; recovery starts the following year.
06-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 37 days late
2022
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 54 days late
2021
31-12
Financial
Equity above €150kEq €151k ▲2.8%
4 profitable years in a row build equity to €151k.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
14-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €100kEq €130k ▲561%
2 profitable years in a row build equity to €130k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Anzegem · 1 establishment unit since 1954
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.
Jagershoek 98570 AnzegemGround area
2,430 m²
Building footprint
717 m²
Volume, LiDAR
1,543 m³
Parcel 34038A0172/00H000, Flanders · tallest building 6.8 m. Linked by address, not a title deed.
1 establishment unit
Vanhollebeke BVBA
since 19542.003.981.594
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34038A0172/00H000 | Flanders | 2,430 m² | 1 · 717 m² | 6.8 m |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 327 EUR awarded · 327 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 222 EUR | 222 EUR |
| 2023 | 1 | 105 EUR | 105 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,846 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-04-1954
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.