VANHOUTTE CONSTRUCT
ActiveSummary
VANHOUTTE CONSTRUCT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42,248 and a net result of -€3,753. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 16% of 7071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▼-9
Solvency31▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.56 against 0.33 in 2024; short-term debt: 19.7% and cash: 0.4% of total assets), and 94% of the assets are financed with debt.
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Signals
Four 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 · 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
6%
Return on assets
-0.5%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 7071 sector peers (2025).
NBB · sector comparisonPosition among 7071 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
20 d late
2021
31 d early
2020
12 d late
2018
62 d early
← 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 9 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close26-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€42,248▼ 8.2%
2024 · €46,001
Total assets
€702,813▲ 4.0%
2024 · €675,651
Net result
-€3,753
2024 · €12,601
Working capital
-€61,163▲ 8.0%
2024 · -€66,510
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2,662▼ 18.5%€3,651▲ 37.1%€21,706▲ 495%€40,773▲ 87.8%€23,537▼ 42.3%
Net result€506▲ 1,634%€122▼ 75.9%€13,537▲ 11,001%€12,601▼ 6.9%-€3,753
Equity€19,742▲ 2.6%€19,864▲ 0.6%€33,401▲ 68.1%€46,001▲ 37.7%€42,248▼ 8.2%
Total assets€100,845▼ 24.1%€117,041▲ 16.1%€120,818▲ 3.2%€675,651▲ 459%€702,813▲ 4.0%
Debt€81,102▼ 28.6%€97,177▲ 19.8%€87,417▼ 10.0%€629,649▲ 620%€660,565▲ 4.9%
Working capital€15,365▼ 7.9%€5,984▼ 61.1%€9,860▲ 64.8%-€66,510-€61,163▲ 8.0%
Staff (FTE)0.8▼ 20.0%0.3
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €702,813
Fixed assets
€625,690 ▼ 2.7%
Current assets
€77,123 ▲ 135%
Equity and liabilities €702,813
Equity
€42,248 ▼ 8.2%
Debt
€660,565 ▲ 4.9%
Debt's share of the balance-sheet total rises from 93.2% to 94.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€64,297▼
2024 · €69,491
Cash flow
€37,007▼
2024 · €41,318
Current ratio
0.56▲
2024 · 0.33
Quick ratio
0.43▲
2024 · 0.24
Debt to equity
15.64▲
2024 · 13.69
ROE
-8.9%▼
2024 · 27.4%
ROA
-0.5%▼
2024 · 1.9%
Interest coverage
2.37▼
2024 · 3.09
Debt ≤ 1 year
€138,286▲
2024 · €99,350
Debt > 1 year
€519,561▼
2024 · €530,299
Income taxes
€123▼
2024 · €5,742
Staff costs
€20,295
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €8,998 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €13,397 | - | - | €20,295 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,616 | €26,195 | €17,300 | €28,718 | €40,760 | ▲ 41.9% |
| Other operating charges640/8 | - | €2,260 | €1,645 | €2,187 | €4,841 | ▲ 121% |
| Gross operating margin9900 | €61,836 | €45,502 | €40,651 | €71,678 | €89,434 | ▲ 24.8% |
| Operating profit (loss)9901 | €2,662 | €3,651 | €21,706 | €40,773 | €23,537 | ▼ 42.3% |
| Financial income75/76B | - | €15 | €44 | €25 | €8 | ▼ 69.9% |
| Recurring financial income75 | €1 | €15 | €44 | €25 | €8 | ▼ 69.9% |
| Financial charges65/66B | - | €1,733 | €2,308 | €22,456 | €27,175 | ▲ 21.0% |
| Recurring financial charges65 | €1,200 | €1,733 | €2,308 | €22,456 | €27,175 | ▲ 21.0% |
| Profit (loss) for the period before taxes9903 | €1,464 | €1,932 | €19,442 | €18,343 | -€3,630 | ▼ 120% |
| Income taxes67/77 | €957 | €1,810 | €5,905 | €5,742 | €123 | ▼ 97.9% |
| Profit (loss) for the period9904 | €506 | €122 | €13,537 | €12,601 | -€3,753 | ▼ 130% |
| Profit (loss) for the period to be appropriated9905 | €506 | €122 | €13,537 | €12,601 | -€3,753 | ▼ 130% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €100,845 | €117,041 | €120,818 | €675,651 | €702,813 | ▲ 4.0% |
| Fixed assets21/28 | €43,160 | €50,971 | €38,327 | €642,810 | €625,690 | ▼ 2.7% |
| Tangible fixed assets22/27 | €43,160 | €50,971 | €38,327 | €642,810 | €625,690 | ▼ 2.7% |
| Land and buildings22 | - | - | - | €618,033 | €593,252 | ▼ 4.0% |
| Plant, machinery and equipment23 | - | €5,175 | €5,740 | €2,671 | €12,654 | ▲ 374% |
| Furniture and vehicles24 | - | €45,795 | €32,587 | €22,106 | €12,102 | ▼ 45.3% |
| Leasing and similar rights25 | - | €0 | €0 | - | €7,682 | - |
| Current assets29/58 | €57,684 | €66,070 | €82,491 | €32,840 | €77,123 | ▲ 135% |
| Stocks and contracts in progress3 | €4,793 | €2,614 | €10,850 | €8,899 | €17,235 | ▲ 93.7% |
| Stocks30/36 | - | €2,614 | €10,850 | €8,899 | €17,235 | ▲ 93.7% |
| Amounts receivable within one year40/41 | €40,942 | €52,720 | €65,843 | €13,213 | €55,386 | ▲ 319% |
| Trade receivables40 | - | €47,653 | €58,865 | €8,182 | €41,893 | ▲ 412% |
| Other amounts receivable41 | - | €5,066 | €6,978 | €5,031 | €13,493 | ▲ 168% |
| Cash at bank and in hand54/58 | €9,178 | €8,840 | €3,956 | €10,728 | €2,485 | ▼ 76.8% |
| Deferred charges and accrued income490/1 | - | €1,897 | €1,843 | - | €2,018 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €100,845 | €117,041 | €120,818 | €675,651 | €702,813 | ▲ 4.0% |
| Equity10/15 | €19,742 | €19,864 | €33,401 | €46,001 | €42,248 | ▼ 8.2% |
| Contributions10/11 | - | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Reserves13 | €12,207 | €12,207 | €25,207 | €37,607 | €37,607 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €10,347 | €23,347 | €37,607 | €37,607 | = |
| Profit (loss) carried forward14 | €535 | €657 | €1,194 | €1,395 | -€2,358 | ▼ 269% |
| Amounts payable17/49 | €81,102 | €97,177 | €87,417 | €629,649 | €660,565 | ▲ 4.9% |
| Amounts payable after more than one year17 | €38,783 | €37,090 | €14,786 | €530,299 | €519,561 | ▼ 2.0% |
| Financial debts170/4 | - | €37,090 | €14,786 | €530,299 | €519,561 | ▼ 2.0% |
| Amounts payable within one year42/48 | €42,319 | €60,086 | €72,632 | €99,350 | €138,286 | ▲ 39.2% |
| Current portion of amounts payable after more than one year42 | - | €25,309 | €24,007 | €31,144 | €26,226 | ▼ 15.8% |
| Financial debts43 | - | - | - | - | €595 | - |
| Credit institutions430/8 | - | - | - | - | €595 | - |
| Trade debts44 | €8,448 | €20,025 | €26,046 | €20,926 | €50,345 | ▲ 141% |
| Suppliers440/4 | - | €20,025 | €26,046 | €20,926 | €50,345 | ▲ 141% |
| Taxes, remuneration and social security45 | - | €4,883 | €14,754 | €17,211 | €13,528 | ▼ 21.4% |
| Taxes450/3 | - | €3,883 | €12,629 | €15,211 | €7,164 | ▼ 52.9% |
| Remuneration and social security454/9 | - | €1,000 | €2,125 | €2,000 | €6,363 | ▲ 218% |
| Other amounts payable47/48 | - | €9,870 | €7,824 | €30,069 | €47,593 | ▲ 58.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €2,718 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €506 | €122 | €13,537 | €12,601 | -€3,753 | ▼ 130% |
| + Depreciation and write-downs630 | €28,616 | €26,195 | €17,300 | €28,718 | €40,760 | ▲ 41.9% |
| Operating cash flow (approximation) | €29,122 | €26,317 | €30,837 | €41,318 | €37,007 | ▼ 10.4% |
| Investment in fixed assets (approximation) | - | -€34,005 | -€4,656 | -€633,201 | -€23,640 | ▲ 96.3% |
| Change in cash | - | -€338 | -€4,885 | €6,773 | -€8,244 | ▼ 222% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet -€3,753
Net result drops to -€3,753, the lowest in the series.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2020net €13,537 ▲11,001%
Net result €13,537, the highest in the series.
2022
20-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 20 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
02-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
2015
01-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Zwevegem · 1 establishment unit since 2009
Ground area
3,274 m²
Building footprint
258 m²
Volume, LiDAR
1,248 m³
Parcel 34042B0571/00C000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VANHOUTTE CONSTRUCT
since 20092.180.179.621
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042B0571/00C000 | Flanders | 3,273 m² | 1 · 258 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,711 companies in sector 73200 we hold annual accounts for 1,781. 1,101 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-07-2009
Fiscal year end31-03
Activities, NACEBEL 2025
25120Manufacture of fabricated metal products, except machinery and equipment
73200Market research and public opinion polling
73300Public relations and communication consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.