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VANOOTEGHEM

Active Public limited companyfounded 1990active for 36 yearsTer Ferrants 10, 8520 KuurneKBO/BCE: BE 0440.092.067 subsidiary of #10 oldest company in Kuurne, Construction sector

Lifetime

20 annual accounts with figures on one time axis, 36 filings since 1990
peak €433,397 (2010)
€150,463▲ 2.9%
lowest -€5,941 (2011)
€65,014▲ 28.2%
peak €637,459 (2025)
€637,459▲ 2.4%
€140,844▲ 94.3%
peak 3.3 FTE (2021)
0.8 FTEunchanged
Board3 names since 2017
3 directors and 2 others
Owners
99.66%
Documentsfilings and deeds
10-08-202610 days late
2025financial year
Result from €50,724 to €65,014Debts from €72,498 to €140,844Investments €72,041Cash from €203,025 to €118,201

Key points

from the 2025 annual accounts

Equity

€637,459 ▲ 2.4%

VANOOTEGHEM has made a profit without a break since 2012.

Turnover

≈ €560,000 estimated

The accounts state no turnover.

Debts

€140,844 ▲ 94.3%
Suppliers
+4,923
Taxes and wages
+2,518
The rest
+60,905

Debts rose by €68,346 in 2025.

Investments

€94,905 5.0 × depreciation
2021202220242025

Green is investment, beige is depreciation.

Filings

36 annual accounts since 1990
AprilJune31 JulyOctober1990200020102020

The 2025 accounts came 10 days late. The other nine of the last ten were filed on time.

Position in the sector

81.9%

Higher solvency than 90% of companies in specialised construction. Sector median 42.4% · 2,466 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as VANOOTEGHEM has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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 31,368 companies, not a prediction for VANOOTEGHEM. 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.

Credit verdict

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

Signals

Board and ownership

Managing director,
Director
Director,
  • 99.67%equity €1.9m (2026) · 31-03-2026 annual accounts of
  • annual accounts 2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0440092067
2 directors reappointed . (managing director) and · Permanent representative: · General meeting of 12-06-2023 · Gazette deed
2 directors reappointed (managing director) and · Permanent representative: · General meeting of 12-06-2017 · Gazette deed
First establishment Houtbewerking NV Vanooteghem, Ter Ferrants 10, Kuurne
All 45 events

Comparable companies

same main activity, similar in size and age
Company
VANOOTEGHEM Kuurne €0.8m €150,463 81.9% 0.8
TELLF Wielsbeke €0.5m €160,995 -8.5% 0.8
Keukens Robbelin Ichtegem €0.8m €105,746 36.3% 1
VAN HOLDER Deerlijk €1.1m €128,082 53.9% 0.5
KEUKENS VERHAEGHE Hooglede €0.6m €122,320 43.1% 0.5
Schrijnwerkerij De Hollander Veurne €0.8m €153,887 64.1% 1
MICHIELS DANNY Heist-op-den-Berg €0.9m €162,718 14.7% 1

These companies have the same main activity as VANOOTEGHEM: joinery installation (NACE 43320). They are comparable in size and age: total assets between €536,000 and €1.1m, founded between 1986 and 2002.

Official details

Source: KBO
Status
Active since 13-03-1990Normal situation
Activity
Joinery installationNACE 43320and 5 others
Joint committee
124Construction · annual accounts 2024
Establishment unit
2.047.628.5278520 Kuurne, since 27-03-1990
Financial year end
31 December
Peppol
Reachable since 27-03-2026
Company details

Annual accounts 2025

€778,303▲ 12.0%
Employeeson 31-12-2025
1=
Filing
Filed on 10-08-2026
Financials

Insights on VANOOTEGHEM

VANOOTEGHEM has existed since 1990. The gross margin fell from €433,397 in 2010 to €143,178 in 2011.

Solvency fell in 2025 from 89.6% to 81.9%.

holds all the shares. In September 2023, the Official Gazette published the appointment of . as managing director.

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 VANOOTEGHEM

What is the company number of VANOOTEGHEM?
The company number of VANOOTEGHEM is 0440.092.067. The VAT number is the same number with BE in front: BE 0440.092.067.
Where is VANOOTEGHEM based?
The registered office is at Ter Ferrants 10, 8520 Kuurne.Company details
What does VANOOTEGHEM do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of VANOOTEGHEM?
VANOOTEGHEM is a public limited company (NV).
When was VANOOTEGHEM founded?
VANOOTEGHEM was founded on 13-03-1990.
Is VANOOTEGHEM still active?
Yes, VANOOTEGHEM is an active enterprise in the KBO register.
How many employees does VANOOTEGHEM have?
VANOOTEGHEM had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VANOOTEGHEM fall under?
In its 2024 annual accounts, VANOOTEGHEM states joint committee 124 (Construction).
What is the turnover of VANOOTEGHEM?
The turnover in financial year 2025 is ≈ €560,000. This figure is estimated from the gross margin of €150,463 and 36 comparable companies (NACE 43320). It probably lies between €400,000 and €770,000.
Is VANOOTEGHEM profitable?
In financial year 2025, VANOOTEGHEM made a profit of €65,014.
Where can I find the annual accounts of VANOOTEGHEM?
VANOOTEGHEM filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VANOOTEGHEM due?
VANOOTEGHEM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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