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VANROBAEYS

Active
Public limited companyfounded 1961active for 65 yearsAmbachtenstraat 23, 8870 Izegem, BelgiumKBO/BCE: BE 0402.767.952
Summary

VANROBAEYS has been active since 1961 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21.1m and a net result of €2.0m. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 67% of 6,136 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Wholesale of timber
NACE 46832
2nd oldest company in Izegem, Wholesale and retail trade sector4 sites
Size
€67.9mturnover 2025
Staff
79.6 FTE
Equity
€21.1m
Profit
€2.0m
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
PRODUVAN · 100%
Holdings
2
  • Jan FlorinDirector
  • Wopaco BVDirector
Accounts 18 days early4 of 15 deeds read
Why 93raises risk2 of the last 3 lateLiquidity: current ratio 3.36, cash €282,350, halvedlowers riskFounded in 1961Size: turnover €67.9m, 79.6 FTE, total assets €35.0mShow the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 63% of its sector peers (NACE 46, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 85+3
equity 60.3% of total assets
Liquidity 47-2
short-term debt 16.8% · cash 0.8%
Profitability 65+1
return on assets 5.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (746 companies, NACE 46, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.6%▲ +0.2 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025highest value 12-2025: 0.2%▼ -0.4 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €1,950,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.36, compared with 3.3 in 2024, above the usual 1.5; short-term debt: 16.8% and cash: 0.8% of total assets), and 39.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, medium-sized): better than 74% on solvency, 65% on liquidity, 62% on profitability and 49% on growth.

The bankruptcy probability was computed on 23-10-2026 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.

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

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1961
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €67.9m, 79.6 FTE, total assets €35.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 2 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 3.36, cash €282,350, halved
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
91 days late
2023
83 days late
2022
87 days late
2021
13 days early
2020
16 days early
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 28 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
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 23 October (4 of the last 5 filed years within 97 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: STEPAVAN BV (day-to-day manager)Permanent representatives: Jorgen Vanrobaeys and…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · full…

Financials · financial year 2025, full format

Turnover
€67.9m▲ 3.3%
2024 · €65.8m
EBIT margin
4.2%▲ 0.3pp
2024 · 3.9%
Net result
€2.0m▲ 8.7%
2024 · €1.8m
Working capital
€13.9m▼ 3.0%
2024 · €14.3m
Trend over the years

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

The operating result recovers in 2025; 2025 is 10% above 2024.

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

Turnover€67.9m 2025 Operating result€2.8m 2025 Net result€2.0m 2025

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

Sector: the middle half of NACE 46, Wholesale trade: 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
Turnover€33.4m-€37.3m▲ 11.7%€39.0m▲ 4.6%€50.3m▲ 28.9%€59.6m▲ 18.5%€59.9m▲ 0.5%€65.8m▲ 9.8%€67.9m▲ 3.3%
Operating result€3.2m-€3.4m▲ 7.0%€3.6m▲ 6.1%€6.2m▲ 68.7%€7.9m▲ 28.1%€4.5m▼ 43.3%€2.6m▼ 42.9%€2.8m▲ 10.4%
Net result€2.4m-€2.5m▲ 4.8%€2.8mabove the sector's middle half▲ 9.7%€4.7mabove the sector's middle half▲ 71.1%€6.1mabove the sector's middle half▲ 28.0%€3.4mabove the sector's middle half▼ 43.9%€1.8mabove the sector's middle half▼ 46.6%€2.0mabove the sector's middle half▲ 8.7%
EBIT margin9.6%-9.2%▼ 0.4pp9.4%▲ 0.1pp12.2%▲ 2.9pp13.2%▲ 1.0pp7.5%▼ 5.8pp3.9%▼ 3.6pp4.2%▲ 0.3pp
Equity€10.3m-€12.6m▲ 22.7%€12.6mabove the sector's middle half=€14.8mabove the sector's middle half▲ 17.9%€19.9mabove the sector's middle half▲ 34.2%€20.3mabove the sector's middle half▲ 2.1%€20.6mabove the sector's middle half▲ 1.6%€21.1mabove the sector's middle half▲ 2.3%
Total assets€12.8m-€14.7m▲ 14.5%€17.0mabove the sector's middle half▲ 15.8%€20.1mabove the sector's middle half▲ 18.0%€23.2mabove the sector's middle half▲ 15.6%€36.9mabove the sector's middle half▲ 59.1%€36.1mabove the sector's middle half▼ 2.2%€35.0mabove the sector's middle half▼ 3.0%
Debt€2.5m-€2.0m▼ 19.3%€4.4m▲ 124%€5.2m▲ 18.3%€3.3m▼ 37.1%€16.6m▲ 403%€15.5m▼ 6.9%€13.9m▼ 10.1%
Working capital€9.4m-€11.6m▲ 23.8%€7.2mabove the sector's middle half▼ 37.8%€9.5mabove the sector's middle half▲ 31.4%€14.7mabove the sector's middle half▲ 54.8%€9.8mabove the sector's middle half▼ 33.1%€14.3mabove the sector's middle half▲ 45.8%€13.9mabove the sector's middle half▼ 3.0%
Solvency79.9%-85.7%▲ 5.8pp74.0%above the sector's middle half▼ 11.7pp73.9%above the sector's middle half▼ 0.1pp85.8%above the sector's middle half▲ 11.9pp55.0%within the sector's middle half▼ 30.8pp57.2%within the sector's middle half▲ 2.1pp60.3%within the sector's middle half▲ 3.1pp
Current ratio4.90-6.93▲ 2.032.63within the sector's middle half▼ 4.302.81above the sector's middle half▲ 0.185.45above the sector's middle half▲ 2.642.54within the sector's middle half▼ 2.913.30above the sector's middle half▲ 0.763.36above the sector's middle half▲ 0.06
Return on assets (ROA)18.8%-17.2%▼ 1.6pp16.3%above the sector's middle half▼ 0.9pp23.6%above the sector's middle half▲ 7.3pp26.2%above the sector's middle half▲ 2.5pp9.2%within the sector's middle half▼ 16.9pp5.0%within the sector's middle half▼ 4.2pp5.6%within the sector's middle half▲ 0.6pp
Staff (FTE)47.9-50.3▲ 5.0%56.7above the sector's middle half▲ 12.7%60.7above the sector's middle half▲ 7.1%71.1above the sector's middle half▲ 17.1%70.9above the sector's middle half▼ 0.3%80.4above the sector's middle half▲ 13.4%79.6above the sector's middle half▼ 1.0%
above within below the middle half of NACE 46, Wholesale trade: 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35.0m
Fixed assets €15.3m ▼ 2.0%
Current assets €19.8m ▼ 3.8%
Equity and liabilities €35.0m
Equity €21.1m ▲ 2.3%
Debt €13.9m ▼ 10.1%
Debt's share of the balance-sheet total falls from 42.8% to 39.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4.1m▲
2024 · €3.7m
Cash flow
€3.2m▲
2024 · €2.9m
Quick ratio
1.43▼
2024 · 1.61
Debt to equity
0.66▼
2024 · 0.75
ROE
9.4%▲
2024 · 8.8%
Interest coverage
9.55▲
2024 · 6.71
Debt ≤ 1 year
€5.9m▼
2024 · €6.2m
Debt > 1 year
€8.0m▼
2024 · €9.2m
Income taxes
€699,494▲
2024 · €636,488
Staff costs
€5.7m▲
2024 · €5.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,579 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 96.7% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.1% went bankrupt
3.2% stopped otherwise
96.7% still going

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 497,473 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 1,579 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 · 85 lines
Balance sheet Code20242025
Assets
Total assets20/58€36.1m€35.0m▼
Fixed assets21/28€15.6m€15.3m▼
Intangible fixed assets21€6.5m€6.3m▼
Tangible fixed assets22/27€1.5m€1.4m▼
Land and buildings22€0.4m€0.6m▲
Plant, machinery and equipment23€0.3m€0.2m▼
Furniture and vehicles24€0.5m€0.4m▼
Other tangible fixed assets26€0.2m€0.2m▼
Financial fixed assets28€7.6m€7.6m=
Affiliated companies280/1€7.6m€7.6m=
Participating interests280€7.6m€7.6m=
Other financial fixed assets284/8€0.002m€0.002m=
Shares284€0.002m€0.002m=
Current assets29/58€20.6m€19.8m▼
Amounts receivable after more than one year29€0.5m€40▼
Other amounts receivable291€0.5m€40▼
Stocks and contracts in progress3€10.5m€11.3m▲
Stocks30/36€10.5m€11.3m▲
Raw materials and consumables30/31€10.5m€11.3m▲
Amounts receivable within one year40/41€8.3m€8.2m▼
Trade receivables40€6.8m€7.5m▲
Other amounts receivable41€1.5m€0.7m▼
Cash at bank and in hand54/58€1.1m€0.3m▼
Deferred charges and accrued income490/1€0.06m€0.003m▼
Equity and liabilities
Total equity and liabilities10/49€36.1m€35.0m▼
Equity10/15€20.6m€21.1m▲
Contributions10/11€0.9m€0.9m=
Capital10€0.9m€0.9m=
Issued capital100€0.9m€0.9m=
Reserves13€19.7m€20.2m▲
Non-distributable reserves130/1€0.09m€0.09m=
Legal reserve130€0.09m€0.09m=
Reserves not available under the articles1311€0.001m€0.001m=
Tax-exempt reserves132€0.1m€0.1m=
Distributable reserves133€19.5m€20.0m▲
Amounts payable17/49€15.5m€13.9m▼
Amounts payable after more than one year17€9.2m€8.0m▼
Financial debts170/4€9.2m€8.0m▼
Credit institutions173€5.2m€4.0m▼
Other loans174€4.0m€4.0m▼
Amounts payable within one year42/48€6.2m€5.9m▼
Current portion of amounts payable after more than one year42€1.2m€1.2m▼
Trade debts44€1.7m€1.6m▼
Suppliers440/4€1.7m€1.6m▼
Taxes, remuneration and social security45€0.9m€0.9m▼
Taxes450/3€0.3m€0.2m▼
Remuneration and social security454/9€0.6m€0.6m▲
Other amounts payable47/48€2.5m€2.3m▼
Accrued charges and deferred income492/3€0.06m€0.05m▼
Income statement Code20242025
Operating income70/76A€66.0m€68.1m▲
Turnover70€65.8m€67.9m▲
Other operating income74€0.2m€0.2m▼
Non-recurring operating income76A€0.02m€0.001m▼
Operating charges60/66A€63.4m€65.3m▲
Goods for resale, raw materials and consumables60€50.6m€51.4m▲
Purchases600/8€51.8m€52.2m▲
Change in stocks: decrease (increase)609-€1.2m-€0.8m▲
Services and other goods61€6.2m€6.8m▲
Remuneration, social security and pensions62€5.4m€5.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.1m€1.2m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.02m€0.03m▲
Other operating charges640/8€0.1m€0.06m▼
Non-recurring operating charges66A€0.007m€0.006m▼
Operating profit (loss)9901€2.6m€2.8m▲
Financial income75/76B€1.4m€1.4m▲
Recurring financial income75€1.4m€1.4m▲
Income from financial fixed assets750€0.2m€0.2m=
Income from current assets751€0.03m€0.02m▼
Other financial income752/9€1.1m€1.2m▲
Financial charges65/66B€1.5m€1.6m▲
Recurring financial charges65€1.5m€1.6m▲
Debt charges650€0.5m€0.4m▼
Other financial charges652/9€0.9m€1.1m▲
Profit (loss) for the period before taxes9903€2.5m€2.7m▲
Income taxes67/77€0.6m€0.7m▲
Taxes670/3€0.8m€0.8m▼
Tax adjustments and reversals of tax provisions77€0.1m€0.05m▼
Profit (loss) for the period9904€1.8m€2.0m▲
Profit (loss) for the period to be appropriated9905€1.8m€2.0m▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.8m€2.0m▲
Transfer to equity691/2€0.3m€0.5m▲
To other reserves6921€0.3m€0.5m▲
Profit to be distributed694/7€1.5m€1.5m=
Return on contributions (dividend)694€1.5m€1.5m=
Social balance sheet
Average headcount (FTE)908780.479.6▼

The notes to these accounts (79 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A---€50.4m€59.8m€60.1m€66.0m€68.1m▲ 3.2%
Turnover70€33.4m€37.3m€39.0m€50.3m€59.6m€59.9m€65.8m€67.9m▲ 3.3%
Other operating income74---€0.1m€0.2m€0.2m€0.2m€0.2m▼ 18.6%
Non-recurring operating income76A---€0.008m-€0.006m€0.02m€0.001m▼ 94.1%
Operating charges60/66A---€44.2m€51.9m€55.6m€63.4m€65.3m▲ 2.9%
Goods for resale, raw materials and consumables60---€36.6m€43.0m€45.3m€50.6m€51.4m▲ 1.7%
Purchases600/8---€38.9m€43.5m€44.6m€51.8m€52.2m▲ 0.9%
Change in stocks: decrease (increase)609----€2.3m-€0.5m€0.8m-€1.2m-€0.8m▲ 31.5%
Services and other goods61---€3.4m€3.9m€4.8m€6.2m€6.8m▲ 8.6%
Remuneration, social security and pensions62---€3.8m€4.5m€4.9m€5.4m€5.7m▲ 6.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.3m€0.3m€0.4m€0.4m€0.3m€0.4m€1.1m€1.2m▲ 13.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€0.05m€0.07m€0.1m€0.02m€0.03m▲ 69.8%
Other operating charges640/8---€0.05m€0.06m€0.07m€0.1m€0.06m▼ 48.6%
Non-recurring operating charges66A-----€0.02m€0.007m€0.006m▼ 21.6%
Operating profit (loss)9901€3.2m€3.4m€3.6m€6.2m€7.9m€4.5m€2.6m€2.8m▲ 10.4%
Financial income75/76B---€1.0m€1.1m€1.2m€1.4m€1.4m▲ 4.3%
Recurring financial income75€0.7m€0.7m€0.7m€1.0m€1.1m€1.2m€1.4m€1.4m▲ 4.3%
Income from financial fixed assets750---€0.009m€0.007m€0.1m€0.2m€0.2m=
Income from current assets751-----€0.03m€0.03m€0.02m▼ 32.4%
Other financial income752/9---€1.0m€1.1m€1.1m€1.1m€1.2m▲ 6.0%
Financial charges65/66B---€0.8m€0.8m€1.1m€1.5m€1.6m▲ 7.1%
Recurring financial charges65€0.5m€0.6m€0.6m€0.8m€0.8m€1.1m€1.5m€1.6m▲ 7.1%
Debt charges650€0.003m€0.002m€0.005m€0.008m€0.008m€0.3m€0.5m€0.4m▼ 21.8%
Other financial charges652/9---€0.8m€0.8m€0.8m€0.9m€1.1m▲ 24.4%
Profit (loss) for the period before taxes9903€3.3m€3.5m€3.7m€6.4m€8.2m€4.6m€2.5m€2.7m▲ 9.0%
Income taxes67/77€0.9m€1.0m€1.0m€1.6m€2.1m€1.2m€0.6m€0.7m▲ 9.9%
Taxes670/3---€1.6m€2.1m€1.2m€0.8m€0.8m▼ 0.1%
Tax adjustments and reversals of tax provisions77------€0.1m€0.05m▼ 55.6%
Profit (loss) for the period9904€2.4m€2.5m€2.8m€4.7m€6.1m€3.4m€1.8m€2.0m▲ 8.7%
Profit (loss) for the period to be appropriated9905€2.4m€2.5m€2.8m€4.7m€6.1m€3.4m€1.8m€2.0m▲ 8.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€12.8m€14.7m€17.0m€20.1m€23.2m€36.9m€36.1m€35.0m▼ 3.0%
Fixed assets21/28€1.1m€1.1m€5.4m€5.4m€5.2m€20.7m€15.6m€15.3m▼ 2.0%
Intangible fixed assets21----€0.02m€0.2m€6.5m€6.3m▼ 3.8%
Tangible fixed assets22/27€1.1m€1.1m€1.2m€1.2m€1.0m€1.1m€1.5m€1.4m▼ 3.9%
Land and buildings22---€0.1m€0.2m€0.3m€0.4m€0.6m▲ 38.4%
Plant, machinery and equipment23---€0.3m€0.3m€0.3m€0.3m€0.2m▼ 19.5%
Furniture and vehicles24---€0.7m€0.6m€0.5m€0.5m€0.4m▼ 26.0%
Other tangible fixed assets26-----€0.005m€0.2m€0.2m▼ 18.1%
Financial fixed assets28€0.002m€0.002m€4.2m€4.2m€4.2m€19.4m€7.6m€7.6m=
Affiliated companies280/1---€4.2m€4.2m€19.4m€7.6m€7.6m=
Participating interests280---€4.2m€4.2m€19.4m€7.6m€7.6m=
Other financial fixed assets284/8---€0.002m€0.002m€0.002m€0.002m€0.002m=
Shares284---€0.002m€0.002m€0.002m€0.002m€0.002m=
Current assets29/58€11.8m€13.6m€11.6m€14.7m€18.0m€16.2m€20.6m€19.8m▼ 3.8%
Amounts receivable after more than one year29---€0.9m€35€1.0m€0.5m€40▼ 100.0%
Other amounts receivable291---€0.9m€35€1.0m€0.5m€40▼ 100.0%
Stocks and contracts in progress3€4.6m€4.7m€5.0m€7.3m€7.8m€7.0m€10.5m€11.3m▲ 7.8%
Stocks30/36---€7.3m€7.8m€7.0m€10.5m€11.3m▲ 7.8%
Raw materials and consumables30/31---€7.3m€7.8m€7.0m€10.5m€11.3m▲ 7.8%
Amounts receivable within one year40/41€4.8m€5.3m€4.8m€6.3m€7.3m€7.3m€8.3m€8.2m▼ 2.2%
Trade receivables40---€6.2m€6.8m€6.6m€6.8m€7.5m▲ 9.6%
Other amounts receivable41---€0.2m€0.5m€0.6m€1.5m€0.7m▼ 54.6%
Current investments50/53€1.0m€1.0m€0.005m-€1.0m----
Other investments51/53----€1.0m----
Cash at bank and in hand54/58€1.3m€2.5m€1.0m€0.2m€1.9m€0.9m€1.1m€0.3m▼ 75.2%
Deferred charges and accrued income490/1---€0.03m€0.003m€408€0.06m€0.003m▼ 95.7%
Equity and liabilities
Total equity and liabilities10/49€12.8m€14.7m€17.0m€20.1m€23.2m€36.9m€36.1m€35.0m▼ 3.0%
Equity10/15€10.3m€12.6m€12.6m€14.8m€19.9m€20.3m€20.6m€21.1m▲ 2.3%
Contributions10/11€0.9m€0.9m€0.9m€0.9m€0.9m€0.9m€0.9m€0.9m=
Capital10---€0.9m€0.9m€0.9m€0.9m€0.9m=
Issued capital100---€0.9m€0.9m€0.9m€0.9m€0.9m=
Reserves13€9.3m€11.7m€11.7m€13.9m€19.0m€19.4m€19.7m€20.2m▲ 2.4%
Non-distributable reserves130/1---€0.09m€0.09m€0.09m€0.09m€0.09m=
Legal reserve130---€0.09m€0.09m€0.09m€0.09m€0.09m=
Reserves not available under the articles1311---€0.001m€0.001m€0.001m€0.001m€0.001m=
Tax-exempt reserves132---€0.1m€0.1m€0.1m€0.1m€0.1m=
Distributable reserves133---€13.7m€18.8m€19.2m€19.5m€20.0m▲ 2.5%
Provisions and deferred taxes16€0.1m€0.1m-------
Amounts payable17/49€2.5m€2.0m€4.4m€5.2m€3.3m€16.6m€15.5m€13.9m▼ 10.1%
Amounts payable after more than one year17€0.05m€0.02m---€10.2m€9.2m€8.0m▼ 13.0%
Financial debts170/4-----€10.2m€9.2m€8.0m▼ 13.0%
Credit institutions173-----€6.3m€5.2m€4.0m▼ 22.4%
Other loans174-----€3.9m€4.0m€4.0m▼ 0.9%
Amounts payable within one year42/48€2.4m€2.0m€4.4m€5.2m€3.3m€6.4m€6.2m€5.9m▼ 5.6%
Current portion of amounts payable after more than one year42-----€1.1m€1.2m€1.2m▼ 0.2%
Financial debts43-----€83---
Credit institutions430/8-----€83---
Trade debts44€0.7m€1.2m€0.8m€0.8m€1.1m€1.2m€1.7m€1.6m▼ 5.6%
Suppliers440/4---€0.8m€1.1m€1.2m€1.7m€1.6m▼ 5.6%
Taxes, remuneration and social security45---€1.0m€1.2m€1.0m€0.9m€0.9m▼ 1.9%
Taxes450/3---€0.3m€0.7m€0.4m€0.3m€0.2m▼ 23.2%
Remuneration and social security454/9---€0.7m€0.5m€0.5m€0.6m€0.6m▲ 9.4%
Other amounts payable47/48---€3.5m€1.0m€3.1m€2.5m€2.3m▼ 9.4%
Accrued charges and deferred income492/3---€0.001m€0.001m€0.05m€0.06m€0.05m▼ 26.3%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€2.4m€2.5m€2.8m€4.7m€6.1m€3.4m€1.8m€2.0m▲ 8.7%
+ Depreciation and write-downs630€0.3m€0.3m€0.4m€0.4m€0.3m€0.4m€1.1m€1.2m▲ 13.6%
Operating cash flow (approximation)€2.7m€2.9m€3.1m€5.1m€6.4m€3.8m€2.9m€3.2m▲ 10.5%
Investment in fixed assets (approximation)--€0.4m-€4.6m-€0.3m-€0.2m-€15.9m€4.1m-€0.9m-
Change in cash-€1.2m-€1.6m-€0.8m€1.7m-€1.0m€0.3m-€0.9m-

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

Latest 10 of 49 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 13-07-2026 2026-00292894
31-12-2024 full format 30-10-2025 2025-00558513
31-12-2023 full format 22-10-2024 2024-00513746
31-12-2022 full format 26-10-2023 2023-00497805
31-12-2021 full format 18-07-2022 2022-20197843
31-12-2020 full format 15-07-2021 2021-35700418
31-12-2019 full format 16-07-2020 2020-30700033
31-12-2018 full format 27-06-2019 2019-23800414
31-12-2017 full format 05-06-2018 2018-16300148
31-12-2016 full format 04-07-2017 2017-27600452

Show all 49 filings

Similar companies · same sector, comparable size

Of the 841 active companies whose main activity is wholesale of timber (NACE 46832), figures are known for 584. 151 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 · 8 entries · €118,863 awarded · €118,863 paid
Year Entries AwardedPaid
2025 2 €26,965€26,965
2024 2 €30,044€30,044
2023 2 €35,845€35,845
2022 2 €26,009€26,009
Schemes
4 entries · €87,057 · €87,057 paid · Departement Werk en Sociale Economie
3 entries · €25,272 · €25,272 paid · Departement Werk en Sociale Economie
1 entry · €6,534 · €6,534 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.

Directors

Directors
2 directors, 1 in day-to-day management

Board 2

Jan Florin
Director · since 04-03-2024 · from a recent deed
Current
Wopaco BV
Director · since 04-03-2024 · Legal entity · from a recent deed
Current

Day-to-day management 1

STEPAVAN
Day-to-day manager · Private limited company
Current
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
11 of this company's 15 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

3 people since 2024, 3 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Jan Florinfrom an act
  • Director, from 04-03-2024 to date
Wopaco BVfrom an act
  • Director, from 04-03-2024 to date
STEPAVAN
  • Day-to-day manager, since before 12-08-2026
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. SOFINDEV V 60.98%
  2. WOPACO 100%
  3. PRODUVAN 100%
  4. VANROBAEYS

Highest known parent: SOFINDEV V. The sources do not say who stands above it.

Owners 1

According to the 2025 annual accounts of VANROBAEYS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Capital over the years
  1. 09-11-2023 Capital stated in the deed · €916,183.87 · 2,000 shares

Group and network

Part of the group SOFINDEV V 26 companies Group, risk and exposure

Holdings and subsidiaries

2 holdings

Holdings 2

Source for every holding own accounts 2025

According to the 2025 annual accounts of VANROBAEYS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

2 current directors
Depth

The board mandates are listed below; here you explore them as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Acquisitions and mergers

1 transaction
Demerger with:Mekranoti
BE 0477.118.452partial demerger · Gazette deed of 07-05-2024 (4 acts) · effective 14-02-2024

History

On 2 February 1961, VANROBAEYS was incorporated.1 The company has filed 49 sets of annual accounts, the latest for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
12-08
Gazette deed Reappointment: STEPAVAN BV (day-to-day manager)
Permanent representatives: Jorgen Vanrobaeys and Peter Vanrobaeys4 facts ▸
  • Board meeting, 20-11-2025
  • Director reappointment, STEPAVAN BV (day-to-day manager)
  • Permanent representative, Jorgen Vanrobaeys
  • Permanent representative, Peter Vanrobaeys
13-07
NBB filing Annual accounts filed
financial year 2025 · full format
2025
30-10
NBB filing Annual accounts filed
financial year 2024 · full format · 91 days late
2024
31-12
Financial Weakest financial yearnet €1.8m ▼46.6%
Net result drops to €1.8m, the lowest in the series; recovery starts the following year.
22-10
NBB filing Annual accounts filed
financial year 2023 · full format · 83 days late
07-05
Gazette deed Capital & shares · Restructuring
Demerger · Shareholding · Approval6 facts ▸
  • General meeting, 04-04-2024
  • Demerger, “Geruisloze Partiële Splitsing door overneming, deel van het vermogen, in het partieel splitsingsvoorstel beschreven vermogensbestanddelen evenals daaraan verbon…” (deed in Dutch)
  • Shareholding
  • Approval, “goedkeuring verslag bestuursorgaan en verslag commissaris, inbreng in natura die het gevolg is van de Geruisloze Partiële Splitsing” (deed in Dutch)
  • Auditor report, “Roeselare, geen bevindingen van materieel belang” (deed in Dutch)
  • Other provision, “geen omwisseling,geen uitgifte van aandelen,geen kapitaalverhoging, verkrijgende vennootschap eigenares van alle aandelen / houdt alle aandelen aan van overdrag…” (deed in Dutch)
04-03
Gazette deed Restructuring
Appointments: Wopaco BV (director) and Jan Florin (director) · Permanent representative: Jan Camerlynck · Demerger20 facts ▸
  • Demerger, “met splitsing gelijkgestelde verrichting, na afloop van periode van zes weken na neerlegging ter griffie” (deed in Dutch)
  • Capital, €335,000
  • Shareholding, “aandelen op naam”, 720 (deed in Dutch)
  • Director appointment, Wopaco BV (director)
  • Director appointment, Jan Florin (director)
  • Permanent representative, Jan Camerlynck
  • Shareholding, 100, “100%-moedervennootschap” (deed in Dutch)
  • Other provision, “ruilverhouding van de aandelen, geruisloze Partiële Splitsing tussen een moedervennootschap en haar 100%-dochter” (deed in Dutch)
  • Other provision, “wijze waarop de aandelen in de Verkrijgende Vennootschap worden uitgereikt, punt 3” (deed in Dutch)
  • Other provision, “datum vanaf dewelke de nieuwe aandelen recht geven te delen in de winst - bijzondere regelingen betreffende dit recht, punt 3” (deed in Dutch)
  • Accounting effect, 01-01-2024
  • Other provision, “rechten aandeelhouders met bijzondere rechten, geen bijzondere rechten,andere dan vermeld in statuten” (deed in Dutch)
  • +8 further facts in this act
2023
09-11
Gazette deed Appointment: VANDER DONCKT - ROOBROUCK - CHRISTIAENS BEDRIJFSREVISOREN (statutory auditor)
Amendment of the articles · Kind of shares · Purpose change9 facts ▸
  • General meeting, 25-10-2023
  • Amendment of the articles (2 times)
  • Kind of shares, “afschaffing soorten van aandelen, bestuursorgaan” (deed in Dutch)
  • Purpose change
  • Capital, €916,183.87
  • Other provision, “dit boekjaar, einde mandaat commissaris” (deed in Dutch)
  • Auditor appointment, VANDER DONCKT - ROOBROUCK - CHRISTIAENS BEDRIJFSREVISOREN (statutory auditor)
  • Registered office clause, “Ambachtenstraat 23,8870 Izegem” (deed in Dutch)
  • Other provision, “verklaring enige aandeelhouder, artikel 2:8 §4 Wetboek van vennootschappen en verenigingen” (deed in Dutch)
26-10
NBB filing Annual accounts filed
financial year 2022 · full format · 87 days late
2022
31-12
Financial Highest result from 2018 to 2025net €6.1m ▲28%
Operating result €7.9m, net result €6.1m, both a record.
18-07
NBB filing Annual accounts filed
financial year 2021 · full format
2021
15-07
NBB filing Annual accounts filed
financial year 2020 · full format
Show earlier events
2020
16-07
NBB filing Annual accounts filed
financial year 2019 · full format
2019
27-06
NBB filing Annual accounts filed
financial year 2018 · full format
2018
05-06
NBB filing Annual accounts filed
financial year 2017 · full format
2017
04-07
NBB filing Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 49 annual accounts filed, the latest 10 are here; all 49 are under Financials.
4 of 15 deeds read
About the unread acts

Of the 15 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded02-02-1961
Financial year end31-12
Activities, NACEBEL 2025
46832Wholesale of timber
42110Construction of roads and motorways
43221Plumbing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0402767952
Registered 02-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 24 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0402.767.952

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Izegem · 4 establishment units since 1961
registered office establishment approximate All 4 establishment units on the map
Ground area
5.0 ha
Building footprint
2.3 ha
Building volume
154,862 m³
4 parcels, Flanders, Wallonia · tallest building 13.9 m. Linked by address, not a title deed.
5 companies at this address See who is registered here
4 establishment units
VANROBAEYS
Ambachtenstraat 23, 8870 IzegemWholesale of timber
since 1961unit no. 2.002.741.479
Vanrobaeys
Ambachtenstraat 100, 8870 IzegemWholesale of timber
since 2024unit no. 2.355.454.859
Vanrobaeys
Kaaistraat(D) 31, 7711 MouscronWholesale of timber
since 2024unit no. 2.355.454.958
Ambachtenstraat 98, 8870 Izegem
Wholesale of timber
since 2024unit no. 2.355.455.057
4 parcels
Flanders 3 (75%) Wallonia 1 (25%)
Cadastral parcel Region Area Buildings Height / floors
36494E0537/00K000 Flanders 1.9 ha 1 · 6,198 m² 11.5 m · 3
36494E1337/00M000 Flanders 1.4 ha 1 · 6,286 m² 13.9 m · 4
54003T0551/00G000 Wallonia 9,567 m² 1 · 5,918 m² -
36494D0283/00G000 Flanders 7,571 m² 1 · 4,290 m² 9.4 m · 2
How the parcels are linked
Good to know
All 4 parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“De handel in,het fabriceren,het veredelen,het beleggen en alle bewerkingen van hout,houtvezelplaten,leemplaten en andere platen en…” (deed in Dutch)
20 activities (deed in Dutch)
  1. De handel in,het fabriceren,het veredelen,het beleggen en alle bewerkingen van hout,houtvezelplaten,leemplaten en andere platen en panelen,evenals van alle materialen bestemd voor de bouw en meubelnijverheid,met toepassing van alle procédés en in alle mogelijke vormen,verder ook de handel in en de fabricage of de verdere bewerking van alle grondstoffen en materialen,die nodig zijn voor de genoemde producten.
  2. Alle timmer-en schrijnwerk,waaronder ook begrepen aluminiumschrijnwerk en metalen schrijnwerk,zowel binnen als buiten voor bouwwerken in de ruimste zin van het woord.
  3. Het plaatsen van keukens en het leggen van parket.
  4. De handel in en het plaatsen en aanwenden van ijzerwerk,metalen luiken,metalen constructies,ruiten,glas,spiegelglas,gekleurde ramen,alle doorschijnend materiaal,plastiek,plastieken luiken.
  5. De handel en in bouwgrondstoffen,ijzerwaren,technisch en bevestigingsmateriaal,ladders,alle muur-en vloerbekleding,verven,vernissen,kleurstoffen,onderhoudsproducten,behangpapier en soortgelijken,lijm en alle aanverwante producten;koord-en touwwerk;ijzerwaren,deuren,ramen,kasten,kantelpoorten,plafondbekleding,alle stoffen voor de garnering van meubels,plastiek en plastiekproducten,isolatiematerialen,draadproducten;de handel in afsluitingen en ondernemingen.
  6. In het algemeen alle producten,artikels en benodigdheden bestemd voor de inrichting en verfraaiing van gebouwen.
  7. De handel in alle onderdelen,materialen en apparaten die betrekking hebben op de centrale verwarming en sanitaire inrichtingen in al hun vormen en technieken.
  8. Het installeren van centrale verwarming in de meest verschillende vormen van toepassing;het herstellen en onderhouden van installaties van centrale verwarming,de handel in en de installatie van warme luchtinstallaties,klimatisatie-inrichtingen,airconditionering in de meest verschillende vormen;dit alles zowel voor de woonsector,de industriële sector als de openbare gebouwen;
  9. De handel in en het installeren van zink,lood en alle sanitair,alsmede het fabrikeren en verwerken van asfalt en het uitvoeren van alle asfalteerwerken zowel baanwerken als dakwerken;
  10. De coördinatie van de werkzaamheden op de bouwwerf.
  11. De handel in huishoudelijke artikelen en toebehoren,van kantoor-en schoolbehoeften,van schoeisel(met inbegrip van laarzen,sandalen en pantoffels),van beroeps-en regenkledij,eveneens van sproei-en meststoffen,grondverbeteringsproducten,besproeiingsmaterieel,granen,zaden,knollen,planten,bloemen,versieringen voor de tuin,bloempotten,verlichting,tuingereedschap en alle tuinbenodigdheden in de ruimste zin van het woord,land-en tuinbouwmachines.
  12. De handel,het verhuren,het onderhoud en de herstelling van allerlei kleine handwerktuigen,gereedschappen,werktuigen,machines,elektronische apparaten,door een motor aangedreven machines en hun onderdelen en toebehoren.Dit alles in de breedste zin van het woord.
  13. Zij mag haar voorwerp verwezenlijken zowel voor eigen rekening als voor rekening van derden,onder de vorm van loonwerk of vertegenwoordiging op commissie,op alle wijzen die haar het best geschikt lijken.
  14. 1)zoals in België als in het buitenland,onder eender welke vorm,participaties te verwerven en aan te houden in vennootschappen en ondernemingen;
  15. 2)het deelnemen in of de directie voeren over andere vennootschappen en ondernemingen;het management en het bestuur van om het even welke ondernemingen en vennootschappen;het optreden als vereffenaar;
  16. 3)het verlenen van technische,administratieve of commerciële bijstand aan alle Belgische en buitenlandse ondernemingen;het verlenen van financiële bijstand;
  17. 4)haar patrimonium,bestaande uit onroerende en roerende goederen en rechten,te behouden,in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden;alle onroerende verrichtingen,inclusief onroerende leasing;
  18. 5)de aankoop,verhuur,onderhoud en verkoop van alle roerende goederen–desgevallend ten behoeve van eigen handelsverrichtingen of voor handelsverrichtingen van derden–zoals alle soorten materieel,gereedschappen,machines,installaties en computers,soft-en hardware;
  19. 6)het aanvragen,verwerven,verhandelen en exploiteren van licenties,octrooien,merken en dergelijke.
  20. De vennootschap mag alle industriële,commerciële en financiële,roerende en onroerende verrichtingen doen die kunnen bijdragen tot het verwezenlijken van het voorwerp,kredieten en leningen aangaan en toestaan,zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
VANROBAEYS
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 09-11-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“De raad van bestuur kan in zijn midden en onder zijn verantwoordelijkheid een of meer adviserende comités oprichten, Hij omschrijft hun…”
Board ruleHow the board is made up, meets and takes decisions.
“Hoogstens zes jaar, 3” (deed in Dutch)

deed of 09-11-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of May at 19:00

deed of 09-11-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Na aanzuivering schulden,lasten,kosten of consignatie en evenwicht via bijstorting of terugbetaling bij niet-volgestorte aandelen,netto…” (deed in Dutch)

deed of 09-11-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Elk alleen,gezamenlijk of als college, handelingen binnen dagelijkse leven en handelingen van minder belang of spoedeisend” (deed in Dutch)
Other provision: “Adviserende comités, samenstelling en opdracht” (deed in Dutch)
Other provision: “Beslist door gewone algemene vergadering, winstverdeling” (deed in Dutch)
Other provision: “Woonstkeuze, uitsluitend dit adres in neergelegde stukken” (deed in Dutch)
Other provision: “Organen van bestuur en effectenhouders, laatste bekendgemaakt e-mailadres bij gebreke laatst bekendgemaakt postadres” (deed in Dutch)
3 more provisions in the deed, see the deed of 09-11-2023

deed of 09-11-2023