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Vanlichtervelde

Active Private limited company (pre-2019)founded 1967active for 59 yearsHaachtsesteenweg 1774, 1130 BrusselsKBO/BCE: BE 0402.715.888

Lifetime

18 annual accounts with figures on one time axis, 45 filings since 1977
peak €42,545 (2008)
€11,719▼ 17.0%
lowest -€18,150 (2014)
€1,467▼ 67.6%
peak €5,840 (2025)
€5,840▲ 33.5%
€204,848▼ 2.6%
Board1 name since 2025
1 directorVANDENBUSSCHE Alex
Documentsfilings and deeds
04-09-202635 days late
2025micro format
UBO non-compliance 03-10Gross margin from €14,119 to €11,719Result from €4,523 to €1,467Equity from €4,373 to €5,840Cash from €4,998 to €2,610

Key points

from the 2025 annual accounts

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Debts

€204,848 97% of the balance sheet
Suppliers 2%Taxes and wages 2%Other 97%

Filings

45 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

Ten of the last ten came late. The 2015 accounts came latest: 128 days after the end of the period.

Checked score

63
Healthy
Financially stronger than 34% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.9% 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.2 percentage points vs 06-2025 08-2025: 1.5%▲ +0.4 percentage points vs 07-2025 09-2025: 1.8%▲ +0.3 percentage points vs 08-2025 10-2025: 0.8%▼ -1.0 percentage point vs 09-2025lowest value 11-2025: 1.6%▲ +0.8 percentage points vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.5%▼ -0.1 percentage points vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.6%▲ +0.1 percentage points vs 03-2026 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.7%▲ +0.1 percentage points vs 06-2026 08-2026: 2.7%▲ +1.0 percentage point vs 07-2026 09-2026: 3.2%▲ +0.5 percentage points vs 08-2026highest value 10-2026: 1.4%▼ -1.8 percentage points vs 09-2026 11-2026: 1.4%● unchanged vs 10-2026

Financial strength
Weak

28+1equity 2.8% of total assets
2-1short-term debt 97.2% · cash 1.2%
39-4return on assets 0.7%

Score breakdown

raises risk
Last filed accounts filed 35 days late; 3 of the last 3 accounts late
Liquidity: current ratio 0.62, cash €2,610
lowers risk
Founded in 1967
Size: total assets €210,688
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 18% of them on solvency, 4% on liquidity, 32% on profitability and 83% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,083 companies had the same profile as Vanlichtervelde has now. Each dot stands for 3 companies, two years later.

96.8%
were still trading
2.2%
stopped another way
0.8%
went bankrupt
  • Micro
  • 20 years or older
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Vanlichtervelde itself is higher: 1.4% within 12 months. It rests on far more data about Vanlichtervelde than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,083 companies, not a prediction for Vanlichtervelde. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Last filed accounts filed 35 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1967
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €210,688
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.62, cash €2,610
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 13800 sector peers (2025).
NBB · sector comparison
Position among 13800 sector peers
Solvency
better than 21%
← weakest strongest →
raises risk · 2025 accounts filed 35 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 days 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
35 days late
2024
43 days late
2023
65 days late
2021
31 days late
2020
108 days late
2019
90 days late
2018
75 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 64 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline

Board and ownership

VA
VANDENBUSSCHE Alex
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0402715888
UBO non-compliance effective 22-09-2025 · KBO administration
First establishment Haachtsesteenweg 1774, Brussels
All 53 events

Comparable companies

same main activity, similar in size and age
Company
Vanlichtervelde Brussels €210,688 €11,719 2.8% -
Ger-Infor Harelbeke €206,921 €8,057 80.4% -
LANDER Eupen €124,484 €16,920 -65.6% -
ANOUCA Fléron €244,317 €9,293 47.8% -
HOOIJER Schaerbeek €65,523 €13,663 76.6% -
PAPETERIE DELZENNE Ath €74,144 €8,354 72.5% -
GENERAL PAPER Antwerp €215,538 €34,634 88.3% -

These companies have the same main activity as Vanlichtervelde: wholesale trade (NACE 46492). They are comparable in size and age: total assets between €65,500 and €244,000, founded between 1974 and 1983.

Official details

Source: KBO
Status
Active since 27-09-1967Normal situation
Activity
Wholesale tradeNACE 46492
Establishment unit
2.001.653.1011130 Brussels, since 01-01-1968
Financial year end
31 December
Peppol
Reachable since 04-12-2025
Company details

Annual accounts 2025

€210,688▼ 1.9%
Filing
Filed on 04-09-2026
Financials

Insights on Vanlichtervelde

Vanlichtervelde files the micro format. That format states no turnover. The gross margin fell from €28,763 in 2007 to €11,719 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Vanlichtervelde

What is the company number of Vanlichtervelde?
The company number of Vanlichtervelde is 0402.715.888. The VAT number is the same number with BE in front: BE 0402.715.888.
Where is Vanlichtervelde based?
The registered office is at Haachtsesteenweg 1774, 1130 Brussels.Company details
What does Vanlichtervelde do?
According to the KBO register, the main activity is wholesale trade (NACE 46492).
What is the legal form of Vanlichtervelde?
Vanlichtervelde is a private limited company (pre-2019) (BVBA).
When was Vanlichtervelde founded?
Vanlichtervelde was founded on 27-09-1967.
Is Vanlichtervelde still active?
Yes, Vanlichtervelde is an active enterprise in the KBO register.
What is the turnover of Vanlichtervelde?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €11,719 and 41 comparable companies (NACE 464). It probably lies between €59,000 and €470,000. It is a rough estimate.Financials
Is Vanlichtervelde profitable?
In financial year 2025, Vanlichtervelde made a profit of €1,467.
Where can I find the annual accounts of Vanlichtervelde?
Vanlichtervelde filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Vanlichtervelde due?
Vanlichtervelde must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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