VANHOUTTEGHEM
ActiveVANHOUTTEGHEM has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €149k and a net result of €16k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 20% of 7687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
71
/ 100
Healthy▲ +35 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▲+32
Solvency27▲+5
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 0.91 in 2024), and 80.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 41
Relative position
BE, all sectors
reference
Sector 41
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
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
19.4%
Return on assets
2.1%
Age of the figures
11 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 7687 sector peers (2025).
NBB · sector comparisonPosition among 7687 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
131 d early
2023
124 d early
2022
31 d early
2021
127 d early
2020
43 d early
2019
141 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€149k▲ 11.0%
2024 · €134k
2018: €57k
2019: €60k
2020: €86k
2021: €99k
2022: €90k
2023: €128k
2024: €134k
2018 → 2025
Total assets
€766k▲ 7.9%
2024 · €710k
2018: €485k
2019: €681k
2020: €588k
2021: €764k
2022: €816k
2023: €755k
2024: €710k
2018 → 2025
Net result
€16k▲ 171%
2024 · €6k
2018: €4k
2019: €3k
2020: €27k
2021: €13k
2022: €-9k
2023: €38k
2024: €6k
2018 → 2025
Working capital
€46k
2024 · €-25k
2018: €144k
2019: €184k
2020: €98k
2021: €-2k
2022: €136k
2023: €87k
2024: €-25k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€90k▼ 8.9%€128k▲ 41.7%€134k▲ 4.7%€149k▲ 11.0%
Operating result€23k-€-955€58k€21k▼ 64.5%€35k▲ 67.4%
Net result€13k-€-9k€38k€6k▼ 83.9%€16k▲ 171%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 67% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €766k
Fixed assets
€378k▼ 19.9%
Current assets
€388k▲ 62.8%
Equity and liabilities €766k
Equity
€149k▲ 11.0%
Debt
€618k▲ 7.1%
The debt ratio falls from 81.1% to 80.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€129k▲
2024 · €114k
Cash flow
€110k▲
2024 · €100k
Solvency
19.4%▲
2024 · 18.9%
Current ratio
1.14▲
2024 · 0.91
Quick ratio
0.64▲
2024 · 0.28
Debt / equity
4.15▼
2024 · 4.30
ROE
11.0%▲
2024 · 4.5%
ROA
2.1%▲
2024 · 0.9%
Interest coverage
8.90▲
2024 · 6.63
Debt
€618k▲
2024 · €576k
Debt ≤ 1 year
€342k▲
2024 · €263k
Debt > 1 year
€259k▼
2024 · €291k
Income taxes
€6k▲
2024 · €775
Staff costs
€325k▲
2024 · €311k
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€710k€766k▲
Fixed assets21/28€472k€378k▼
Tangible fixed assets22/27€471k€377k▼
Land and buildings22€195k€190k▼
Plant, machinery and equipment23€152k€105k▼
Furniture and vehicles24€87k€61k▼
Other tangible fixed assets26€38k€21k▼
Financial fixed assets28€998€998=
Current assets29/58€239k€388k▲
Stocks and contracts in progress3€164k€171k▲
Stocks30/36€95k€76k▼
Contracts in progress37€69k€95k▲
Amounts receivable within one year40/41€32k€65k▲
Trade receivables40€29k€54k▲
Other amounts receivable41€4k€11k▲
Cash at bank and in hand54/58€30k€141k▲
Deferred charges and accrued income490/1€12k€12k▲
Equity and liabilities
Total equity and liabilities10/49€710k€766k▲
Equity10/15€134k€149k▲
Contributions10/11€45k€45k=
Reserves13€98k€104k▲
Distributable reserves133€98k€104k▲
Profit (loss) carried forward14€-9k-
Amounts payable17/49€576k€618k▲
Amounts payable after more than one year17€291k€259k▼
Financial debts170/4€291k€259k▼
Amounts payable within one year42/48€263k€342k▲
Current portion of amounts payable after more than one year42€32k€32k▼
Financial debts43€125k€125k=
Credit institutions430/8€125k€125k=
Trade debts44€92k€166k▲
Suppliers440/4€92k€166k▲
Taxes, remuneration and social security45€14k€18k▲
Taxes450/3€775€6k▲
Remuneration and social security454/9€13k€12k▼
Other amounts payable47/48€489€2k▲
Accrued charges and deferred income492/3€22k€16k▼
Income statement
Code20242025
Non-recurring operating income76A€1k€1k▼
Remuneration, social security and pensions62€311k€325k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94k€94k▲
Other operating charges640/8€9k€6k▼
Gross operating margin9900€435k€460k▲
Operating profit (loss)9901€21k€35k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€17k€14k▼
Recurring financial charges65€17k€14k▼
Profit (loss) for the period before taxes9903€7k€22k▲
Income taxes67/77€775€6k▲
Profit (loss) for the period9904€6k€16k▲
Profit (loss) for the period to be appropriated9905€6k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€8k▲
Profit (loss) brought forward from the previous period14P€-9k€-9k=
Transfer to equity691/2€6k€6k▼
To other reserves6921€6k€6k▼
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
Social balance
Average headcount (FTE)90874.54.3▼
The notes to these accounts (14 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-09
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
30-09
Financial
Equity above €100kEq €128k ▲41.7%
Equity rises from €90k to €128k.
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €-9k ▼168%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
2021
24-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
18-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
11-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
14-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Zedelgem · 1 establishment unit since 2000
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.
Noordstraat 458211 ZedelgemGround area
925 m²
Building footprint
117 m²
Volume, LiDAR
944 m³
Parcel 31001A1177/00R002, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Noordstraat 45, 8211 Zedelgem
since 20002.100.675.946
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31001A1177/00R002 | Flanders | 925 m² | 1 · 117 m² | 11.7 m · 3 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.
Public money · subsidies and aid
Flemish government
2025 · 2 entries · 3,090 EUR awarded · 3,090 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 3,090 EUR | 3,090 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Bougard & Bernard Construct
BE 0729.939.747
Andenne · Eq €149k
Stijl Construct
BE 0664.885.609
Aarschot · Eq €149k
LUDOVIC ZARRO
BE 0714.942.755
Floreffe · Eq €149k
D.F. - BOUW
BE 0441.051.674
Roosdaal · Eq €149k
VAN HEE J.
BE 0841.728.386
Deinze · Eq €149k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 12,522 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-2000
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45211
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.