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VANMEIRHAEGHE

Active
Private limited companyfounded 1990active for 35 yearsKouterstraat 12, 9750 Kruisem, BelgiumKBO/BCE: BE 0442.073.045
Summary

VANMEIRHAEGHE has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €764,314 and a net result of €7,495. Equity is growing by about 3.5% per year across the filed financial years. Its solvency ranks better than 92% of 3,636 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (24 days) Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00425420.

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€764,314▲ 1.0%
2024 · €756,819
Total assets
€869,640▲ 0.8%
2024 · €862,713
Net result
€7,495
2024 · -€7,510
Working capital
€69,276▼ 19.3%
2024 · €85,855
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result returns to profit in 2025: €16,955 after a loss of €1,001 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€16,955 2025 Net result€7,495 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 01, Crop and animal production, hunting and related service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€51,969-€84,261▲ 62.1%€110,699▲ 31.4%€23,873▼ 78.4%-€1,001€16,955
Net result€36,510-€59,017above the sector's middle half▲ 61.6%€74,230above the sector's middle half▲ 25.8%€12,922within the sector's middle half▼ 82.6%-€7,510below the sector's middle half€7,495within the sector's middle half
Equity€618,160-€677,177above the sector's middle half▲ 9.5%€751,407above the sector's middle half▲ 11.0%€764,329above the sector's middle half▲ 1.7%€756,819above the sector's middle half▼ 1.0%€764,314above the sector's middle half▲ 1.0%
Total assets€744,253-€813,653above the sector's middle half▲ 9.3%€872,164above the sector's middle half▲ 7.2%€882,541above the sector's middle half▲ 1.2%€862,713above the sector's middle half▼ 2.2%€869,640above the sector's middle half▲ 0.8%
Debt€172,638-€136,476▼ 20.9%€120,757▼ 11.5%€118,213▼ 2.1%€105,895▼ 10.4%€105,326▼ 0.5%
Working capital€53,148-€53,207within the sector's middle half▲ 0.1%€157,236above the sector's middle half▲ 196%€61,079within the sector's middle half▼ 61.2%€85,855within the sector's middle half▲ 40.6%€69,276within the sector's middle half▼ 19.3%
Solvency83.1%-83.2%above the sector's middle half▲ 0.2pp86.2%above the sector's middle half▲ 2.9pp86.6%above the sector's middle half▲ 0.5pp87.7%above the sector's middle half▲ 1.1pp87.9%above the sector's middle half▲ 0.2pp
Current ratio1.54-1.44within the sector's middle half▼ 0.092.49above the sector's middle half▲ 1.041.53within the sector's middle half▼ 0.951.87within the sector's middle half▲ 0.331.70within the sector's middle half▼ 0.17
Return on assets (ROA)4.9%-7.3%within the sector's middle half▲ 2.3pp8.5%above the sector's middle half▲ 1.3pp1.5%within the sector's middle half▼ 7.0pp-0.9%within the sector's middle half▼ 2.3pp0.9%within the sector's middle half▲ 1.7pp
above within below the middle half of NACE 01, Crop and animal production, hunting and related service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €869,640
Fixed assets €700,993 ▲ 3.4%
Current assets €168,647 ▼ 8.8%
Equity and liabilities €869,640
Equity €764,314 ▲ 1.0%
Debt €105,326 ▼ 0.5%
Debt's share of the balance-sheet total falls from 12.3% to 12.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€45,386▲
2024 · €28,382
Cash flow
€35,926▲
2024 · €21,873
Quick ratio
0.69▼
2024 · 0.88
Debt to equity
0.14▼
2024 · 0.14
ROE
1.0%▲
2024 · -1.0%
Interest coverage
7.50▲
2024 · 4.07
Debt ≤ 1 year
€99,371▲
2024 · €98,991
Income taxes
€3,458▲
2024 · €163
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96.2% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,766 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€862,713€869,640▲
Fixed assets21/28€677,867€700,993▲
Tangible fixed assets22/27€677,867€700,993▲
Land and buildings22€656,586€696,625▲
Plant, machinery and equipment23€5,437€3,462▼
Furniture and vehicles24€15,843€905▼
Current assets29/58€184,846€168,647▼
Stocks and contracts in progress3€97,738€99,680▲
Stocks30/36€97,738€99,680▲
Amounts receivable within one year40/41€8,257€24,279▲
Trade receivables40-€23,767
Other amounts receivable41€8,257€511▼
Cash at bank and in hand54/58€70,352€44,657▼
Deferred charges and accrued income490/1€8,500€32▼
Equity and liabilities
Total equity and liabilities10/49€862,713€869,640▲
Equity10/15€756,819€764,314▲
Contributions10/11€529,987€529,987=
Reserves13€156,342€163,837▲
Distributable reserves133€156,342€163,837▲
Profit (loss) carried forward14€70,490€70,490=
Amounts payable17/49€105,895€105,326▼
Amounts payable within one year42/48€98,991€99,371▲
Trade debts44€11,747€10,671▼
Suppliers440/4€11,747€10,671▼
Taxes, remuneration and social security45€2,788€7,628▲
Taxes450/3€2,788€7,628▲
Other amounts payable47/48€84,456€81,072▼
Accrued charges and deferred income492/3€6,903€5,955▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,384€28,431▼
Other operating charges640/8€2,609€7,696▲
Gross operating margin9900€30,991€53,082▲
Operating profit (loss)9901-€1,001€16,955▲
Financial income75/76B€635€51▼
Recurring financial income75€635€51▼
Financial charges65/66B€6,981€6,052▼
Recurring financial charges65€6,981€6,052▼
Profit (loss) for the period before taxes9903-€7,347€10,953▲
Income taxes67/77€163€3,458▲
Profit (loss) for the period9904-€7,510€7,495▲
Profit (loss) for the period to be appropriated9905-€7,510€7,495▲
Appropriation of the result
Profit (loss) to be appropriated9906€70,490€77,985▲
Profit (loss) brought forward from the previous period14P€78,000€70,490▼
Transfer to equity691/2€0€7,495▲
To other reserves6921€0€7,495▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Remuneration, social security and pensions62--€1,367€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,523€35,198€31,080€31,070€29,384€28,431▼ 3.2%
Other operating charges640/8-€1,688€2,677€14,413€2,609€7,696▲ 195%
Gross operating margin9900€79,991€121,147€145,823€69,356€30,991€53,082▲ 71.3%
Operating profit (loss)9901€51,969€84,261€110,699€23,873-€1,001€16,955-
Financial income75/76B---€109€635€51▼ 92.0%
Recurring financial income75€728--€109€635€51▼ 92.0%
Financial charges65/66B-€2,662€2,398€4,158€6,981€6,052▼ 13.3%
Recurring financial charges65€4,800€2,662€2,398€4,158€6,981€6,052▼ 13.3%
Profit (loss) for the period before taxes9903€49,831€81,599€108,302€19,824-€7,347€10,953-
Income taxes67/77€13,321€22,582€34,072€6,902€163€3,458▲ 2,018%
Profit (loss) for the period9904€36,510€59,017€74,230€12,922-€7,510€7,495-
Profit (loss) for the period to be appropriated9905€36,510€59,017€74,230€12,922-€7,510€7,495-
Line202020212022202320242025Change
Assets
Total assets20/58€744,253€813,653€872,164€882,541€862,713€869,640▲ 0.8%
Formation expenses20€0------
Fixed assets21/28€592,293€640,326€609,246€707,251€677,867€700,993▲ 3.4%
Intangible fixed assets21€0------
Tangible fixed assets22/27€592,293€640,326€609,246€707,251€677,867€700,993▲ 3.4%
Land and buildings22-€564,712€552,945€666,604€656,586€696,625▲ 6.1%
Plant, machinery and equipment23-€11,275€8,127€8,638€5,437€3,462▼ 36.3%
Furniture and vehicles24-€64,338€48,173€32,008€15,843€905▼ 94.3%
Financial fixed assets28€0------
Current assets29/58€151,960€173,327€262,919€175,291€184,846€168,647▼ 8.8%
Stocks and contracts in progress3€109,155€85,065€138,871€87,205€97,738€99,680▲ 2.0%
Stocks30/36-€85,065€138,871€87,205€97,738€99,680▲ 2.0%
Amounts receivable within one year40/41€28,461€15,449€17,009€10,079€8,257€24,279▲ 194%
Trade receivables40-€15,000€15,000€0-€23,767-
Other amounts receivable41-€449€2,009€10,079€8,257€511▼ 93.8%
Current investments50/53€0------
Cash at bank and in hand54/58€28,979€72,813€107,039€78,007€70,352€44,657▼ 36.5%
Deferred charges and accrued income490/1----€8,500€32▼ 99.6%
Equity and liabilities
Total equity and liabilities10/49€744,253€813,653€872,164€882,541€862,713€869,640▲ 0.8%
Equity10/15€618,160€677,177€751,407€764,329€756,819€764,314▲ 1.0%
Contributions10/11-€529,987€529,987€529,987€529,987€529,987=
Reserves13€36,510€95,527€143,420€156,342€156,342€163,837▲ 4.8%
Distributable reserves133-€95,527€143,420€156,342€156,342€163,837▲ 4.8%
Profit (loss) carried forward14€51,663€51,663€78,000€78,000€70,490€70,490=
Amounts payable17/49€172,638€136,476€120,757€118,213€105,895€105,326▼ 0.5%
Amounts payable after more than one year17€78,000€14,000€7,000€0---
Financial debts170/4-€14,000€7,000€0---
Amounts payable within one year42/48€98,812€120,120€105,683€114,211€98,991€99,371▲ 0.4%
Trade debts44€31,095€45,211€44,098€19,913€11,747€10,671▼ 9.2%
Suppliers440/4-€45,211€44,098€19,913€11,747€10,671▼ 9.2%
Taxes, remuneration and social security45-€18,379€8,891€6,603€2,788€7,628▲ 174%
Taxes450/3-€18,379€8,891€6,603€2,788€7,628▲ 174%
Other amounts payable47/48-€56,529€52,694€87,696€84,456€81,072▼ 4.0%
Accrued charges and deferred income492/3-€2,356€8,074€4,001€6,903€5,955▼ 13.7%
Line202020212022202320242025Change
Profit (loss) for the period9904€36,510€59,017€74,230€12,922-€7,510€7,495-
+ Depreciation and write-downs630€25,523€35,198€31,080€31,070€29,384€28,431▼ 3.2%
Operating cash flow (approximation)€62,033€94,215€105,311€43,992€21,873€35,926▲ 64.2%
Investment in fixed assets (approximation)--€83,231€0-€129,076€0-€51,556-
Change in cash-€43,833€34,226-€29,032-€7,656-€25,694▼ 236%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 micro format 24-08-2026 2026-00425420
31-12-2024 micro format 11-08-2025 2025-00377891
31-12-2023 micro format 09-07-2024 2024-00240246
31-12-2022 micro format 30-08-2023 2023-00413674
31-12-2021 micro format 29-08-2022 2022-20354115
31-12-2020 micro format 29-07-2021 2021-43800476

Similar companies · same sector, comparable size

Of the 20,438 active companies whose main activity is mixed farming (NACE 01500), figures are known for 1,155. 845 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 4 entries · €8,398 awarded · €8,398 paid
Year Entries AwardedPaid
2025 1 €2,910€2,910
2024 1 €3,694€3,694
2023 1 €1,235€1,235
2022 1 €559€559
Schemes
4 entries · €8,398 · €8,398 paid · VLAAMS FONDS VOOR DE LASTENDELGING

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.