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VANOVERVELT

Active
Public limited companyfounded 1987active for 38 yearsVarentstraat 36, 8572 Anzegem, BelgiumKBO/BCE: BE 0432.798.162

From the official registers: KBO 38 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VANOVERVELT has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153,385 and a net result of €78,536. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 76% of 2,790 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00445230.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
28-08-2026
Format
abbreviated format
Reference
2026-00445230
Turnover
≈ €670,000
Estimated: probably between €460,000 and €1.0m
Total assets
€239,590▲ 106%
2024 · €116,114
Net result
€78,536
2024 · -€2,134
Working capital
€166,981▲ 86.0%
2024 · €89,787
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €79,567 after a loss of €1,010 in 2024, the highest result in the available series.

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

Operating result€79,567 2025 Net result€78,536 2025

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

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€41,097-€3,118€4,794▲ 53.8%-€46,559€962-€335-€1,010▼ 201%€79,567
Net result-€43,255-€1,280€3,367within the sector's middle half▲ 163%-€47,423below the sector's middle half€166within the sector's middle half€2,081within the sector's middle half▲ 13×-€2,134below the sector's middle half€78,536above the sector's middle half
Equity€117,513-€118,793▲ 1.1%€122,159above the sector's middle half▲ 2.8%€74,736within the sector's middle half▼ 38.8%€74,902within the sector's middle half▲ 0.2%€76,983within the sector's middle half▲ 2.8%€74,849within the sector's middle half▼ 2.8%€153,385within the sector's middle half▲ 105%
Total assets€324,644-€195,425▼ 39.8%€176,726within the sector's middle half▼ 9.6%€114,090within the sector's middle half▼ 35.4%€118,424within the sector's middle half▲ 3.8%€135,036within the sector's middle half▲ 14.0%€116,114within the sector's middle half▼ 14.0%€239,590within the sector's middle half▲ 106%
Debt€207,131-€76,633▼ 63.0%€54,567▼ 28.8%€39,354▼ 27.9%€43,522▲ 10.6%€58,053▲ 33.4%€41,265▼ 28.9%€86,205▲ 109%
Working capital€132,261-€127,840▼ 3.3%€133,030above the sector's middle half▲ 4.1%€94,757above the sector's middle half▼ 28.8%€103,598above the sector's middle half▲ 9.3%€94,841above the sector's middle half▼ 8.5%€89,787above the sector's middle half▼ 5.3%€166,981within the sector's middle half▲ 86.0%
Solvency36.2%-60.8%▲ 24.6pp69.1%above the sector's middle half▲ 8.3pp65.5%above the sector's middle half▼ 3.6pp63.2%above the sector's middle half▼ 2.3pp57.0%within the sector's middle half▼ 6.2pp64.5%within the sector's middle half▲ 7.5pp64.0%above the sector's middle half▼ 0.4pp
Current ratio1.99-6.08▲ 4.098.02above the sector's middle half▲ 1.9423.27above the sector's middle half▲ 15.2511.53above the sector's middle half▼ 11.755.72above the sector's middle half▼ 5.809.20above the sector's middle half▲ 3.483.70above the sector's middle half▼ 5.50
Return on assets (ROA)-13.3%-0.7%▲ 14.0pp1.9%within the sector's middle half▲ 1.2pp-41.6%below the sector's middle half▼ 43.5pp0.1%below the sector's middle half▲ 41.7pp1.5%within the sector's middle half▲ 1.4pp-1.8%below the sector's middle half▼ 3.4pp32.8%above the sector's middle half▲ 34.6pp
Staff (FTE)3-3=2.6within the sector's middle half▼ 13.3%2▼ 23.1%2=2=2=1.7within the sector's middle half▼ 15.0%
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: 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 abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €239,590
Fixed assets €10,790 ▼ 29.8%
Current assets €228,800 ▲ 127%
Equity and liabilities €239,590
Equity €153,385 ▲ 105%
Debt €86,205 ▲ 109%
Debt's share of the balance-sheet total rises from 35.5% to 36.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€84,158▲
2024 · €3,723
Cash flow
€83,127▲
2024 · €2,600
Quick ratio
2.95▼
2024 · 4.62
Debt to equity
0.56▲
2024 · 0.55
ROE
51.2%▲
2024 · -2.9%
Interest coverage
88.60▲
2024 · 4.15
Debt ≤ 1 year
€61,819▲
2024 · €10,946
Debt > 1 year
€24,011▼
2024 · €29,944
Income taxes
€550▲
2024 · €520
Staff costs
€103,228▼
2024 · €111,009
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% 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 497,445 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% 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%

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 31,368 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 · 58 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 28-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€116,114€239,590▲
Fixed assets21/28€15,381€10,790▼
Tangible fixed assets22/27€15,246€10,655▼
Land and buildings22€2,082€1,849▼
Plant, machinery and equipment23€1,871€794▼
Furniture and vehicles24€11,293€8,013▼
Financial fixed assets28€135€135=
Current assets29/58€100,733€228,800▲
Stocks and contracts in progress3€50,120€46,475▼
Stocks30/36€30,120€26,475▼
Contracts in progress37€20,000€20,000=
Amounts receivable within one year40/41€25,159€67,258▲
Trade receivables40€25,159€62,134▲
Other amounts receivable41€0€5,124▲
Cash at bank and in hand54/58€25,454€115,067▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€116,114€239,590▲
Equity10/15€74,849€153,385▲
Contributions10/11€74,368€74,368=
Capital10€74,368€74,368=
Issued capital100€74,368€74,368=
Reserves13€47,791€79,017▲
Non-distributable reserves130/1€7,437€7,437=
Legal reserve130€7,437€7,437=
Tax-exempt reserves132€5,907€5,907=
Distributable reserves133€34,447€65,673▲
Profit (loss) carried forward14-€47,310€0▲
Amounts payable17/49€41,265€86,205▲
Amounts payable after more than one year17€29,944€24,011▼
Financial debts170/4€2,586€0▼
Other amounts payable178/9€27,359€24,011▼
Amounts payable within one year42/48€10,946€61,819▲
Current portion of amounts payable after more than one year42€5,005€2,586▼
Trade debts44€2,849€6,905▲
Suppliers440/4€2,849€6,905▲
Advances received on contracts in progress46-€48,391
Taxes, remuneration and social security45€3,092€3,937▲
Taxes450/3€786€657▼
Remuneration and social security454/9€2,306€3,280▲
Accrued charges and deferred income492/3€375€375=
Income statement Code20242025
Non-recurring operating income76A€0€37,000▲
Remuneration, social security and pensions62€111,009€103,228▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,733€4,591▼
Other operating charges640/8€1,203€2,157▲
Gross operating margin9900€115,935€189,543▲
Operating profit (loss)9901-€1,010€79,567▲
Financial income75/76B€293€468▲
Recurring financial income75€293€468▲
Financial charges65/66B€897€950▲
Recurring financial charges65€897€950▲
Profit (loss) for the period before taxes9903-€1,614€79,086▲
Income taxes67/77€520€550▲
Profit (loss) for the period9904-€2,134€78,536▲
Profit (loss) for the period to be appropriated9905-€2,134€78,536▲
Appropriation of the result
Profit (loss) to be appropriated9906-€47,310€31,226▲
Profit (loss) brought forward from the previous period14P-€45,176-€47,310▼
Transfer to equity691/2-€31,226
To the legal reserve6920-€31,226

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€0-€1,000€0€37,000-
Remuneration, social security and pensions62---€92,690€101,640€109,940€111,009€103,228▼ 7.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47,736€20,089€19,365€11,996€12,164€3,604€4,733€4,591▼ 3.0%
Other operating charges640/8---€2,245€1,604€1,781€1,203€2,157▲ 79.2%
Gross operating margin9900€140,880€124,669€128,726€60,373€116,369€114,989€115,935€189,543▲ 63.5%
Operating profit (loss)9901-€41,097€3,118€4,794-€46,559€962-€335-€1,010€79,567-
Financial income75/76B---€253€148€3,918€293€468▲ 59.6%
Recurring financial income75€135€536€277€253€148€3,918€293€468▲ 59.6%
Financial charges65/66B---€573€407€979€897€950▲ 5.9%
Recurring financial charges65€2,015€1,760€1,150€573€407€979€897€950▲ 5.9%
Profit (loss) for the period before taxes9903-€42,976€1,894€3,921-€46,879€703€2,604-€1,614€79,086-
Income taxes67/77€279€614€554€544€537€523€520€550▲ 5.8%
Profit (loss) for the period9904-€43,255€1,280€3,367-€47,423€166€2,081-€2,134€78,536-
Profit (loss) for the period to be appropriated9905-€43,255€1,280€3,367-€47,423€166€2,081-€2,134€78,536-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€324,644€195,425€176,726€114,090€118,424€135,036€116,114€239,590▲ 106%
Fixed assets21/28€59,081€42,410€24,742€15,079€4,985€20,114€15,381€10,790▼ 29.8%
Tangible fixed assets22/27€58,946€42,275€24,607€14,944€4,850€19,979€15,246€10,655▼ 30.1%
Land and buildings22-----€2,316€2,082€1,849▼ 11.2%
Plant, machinery and equipment23---€3,788€4,444€3,091€1,871€794▼ 57.6%
Furniture and vehicles24---€11,156€407€14,573€11,293€8,013▼ 29.0%
Financial fixed assets28€135€135€135€135€135€135€135€135=
Current assets29/58€265,563€153,015€151,985€99,011€113,439€114,921€100,733€228,800▲ 127%
Stocks and contracts in progress3€70,469€70,032€53,401€48,253€61,855€48,972€50,120€46,475▼ 7.3%
Stocks30/36---€48,253€36,855€30,972€30,120€26,475▼ 12.1%
Contracts in progress37----€25,000€18,000€20,000€20,000=
Amounts receivable within one year40/41€54,715€16,937€25,259€14,189€7,894€9,639€25,159€67,258▲ 167%
Trade receivables40---€12,495€7,413€6,050€25,159€62,134▲ 147%
Other amounts receivable41---€1,695€481€3,589€0€5,124-
Cash at bank and in hand54/58€137,953€66,046€73,324€35,069€38,929€49,888€25,454€115,067▲ 352%
Deferred charges and accrued income490/1---€1,500€4,761€6,423€0--
Equity and liabilities
Total equity and liabilities10/49€324,644€195,425€176,726€114,090€118,424€135,036€116,114€239,590▲ 106%
Equity10/15€117,513€118,793€122,159€74,736€74,902€76,983€74,849€153,385▲ 105%
Contributions10/11€74,368€74,368€74,368€74,368€74,368€74,368€74,368€74,368=
Capital10---€74,368€74,368€74,368€74,368€74,368=
Issued capital100---€74,368€74,368€74,368€74,368€74,368=
Reserves13€43,144€44,425€47,791€47,791€47,791€47,791€47,791€79,017▲ 65.3%
Non-distributable reserves130/1---€7,437€7,437€7,437€7,437€7,437=
Legal reserve130---€7,437€7,437€7,437€7,437€7,437=
Tax-exempt reserves132---€5,907€5,907€5,907€5,907€5,907=
Distributable reserves133---€34,447€34,447€34,447€34,447€65,673▲ 90.6%
Profit (loss) carried forward14----€47,423-€47,257-€45,176-€47,310€0-
Amounts payable17/49€207,131€76,633€54,567€39,354€43,522€58,053€41,265€86,205▲ 109%
Amounts payable after more than one year17€73,454€51,083€35,237€34,725€33,306€37,597€29,944€24,011▼ 19.8%
Financial debts170/4-----€7,590€2,586€0▼ 100%
Other amounts payable178/9---€34,725€33,306€30,006€27,359€24,011▼ 12.2%
Amounts payable within one year42/48€133,302€25,175€18,955€4,254€9,841€20,081€10,946€61,819▲ 465%
Current portion of amounts payable after more than one year42---€0-€4,791€5,005€2,586▼ 48.3%
Trade debts44€102,348€187€0€1,179€7,516€12,057€2,849€6,905▲ 142%
Suppliers440/4---€1,179€7,516€12,057€2,849€6,905▲ 142%
Advances received on contracts in progress46-------€48,391-
Taxes, remuneration and social security45---€3,076€2,325€3,233€3,092€3,937▲ 27.3%
Taxes450/3---€1,098€1,081€523€786€657▼ 16.4%
Remuneration and social security454/9---€1,978€1,244€2,710€2,306€3,280▲ 42.2%
Accrued charges and deferred income492/3---€375€375€375€375€375=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€43,255€1,280€3,367-€47,423€166€2,081-€2,134€78,536-
+ Depreciation and write-downs630€47,736€20,089€19,365€11,996€12,164€3,604€4,733€4,591▼ 3.0%
Operating cash flow (approximation)€4,481€21,369€22,731-€35,427€12,330€5,685€2,600€83,127▲ 32×
Investment in fixed assets (approximation)--€3,418-€1,696-€2,334-€2,070-€18,733€0€0-
Change in cash--€71,907€7,278-€38,256€3,860€10,960-€24,434€89,613-

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

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Latest 10 of 38 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 28-08-2026 2026-00445230 NBB
31-12-2024 micro format 27-08-2025 2025-00426214 PDF
31-12-2023 micro format 29-08-2024 2024-00392253 PDF
31-12-2022 micro format 26-07-2023 2023-00270385 PDF
31-12-2021 micro format 24-08-2022 2022-20310751 PDF
31-12-2020 micro format 15-07-2021 2021-35300134 PDF
31-12-2019 micro format 24-07-2020 2020-33100042 PDF
31-12-2018 micro format 28-06-2019 2019-23900497 PDF
31-12-2017 micro format 26-06-2018 2018-22900072 PDF
31-12-2016 micro format 28-07-2017 2017-36700052 PDF

Show all 38 filings

Similar companies · same sector, comparable size

Of the 29,223 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,406. 12,813 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 to 2025 · 2 entries · €189 awarded · €142 paid
Year Entries AwardedPaid
2025 1 €95€48
2024 1 €94€94
Schemes
2 entries · €189 · €142 paid · Fonds voor Innoveren en Ondernemen

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