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VANROLLEGHEM ENGINEERING

Active
Private limited companyfounded 200817 yrs activeIchtegemstraat 102, 8610 Kortemark, BelgiumKBO/BCE: BE 0808.785.802

VANROLLEGHEM ENGINEERING has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €432k and a net result of €64k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 89% of 11323 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
88 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-3
Solvency100=
Growth66=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 8.89 against 5.87 in 2024; short-term debt: 9.2% and cash: 29% of total assets), and 10.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
89.5%
Return on assets
13.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 d early
2024
16 d early
2023
20 d early
2022
38 d early
2021
33 d early
2020
24 d early
2019
22 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

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

Turnover
€190k▲ 34.8%
2020 · €141k
2018: €176k 2019: €162k 2020: €141k
2018 → 2021
EBIT margin
31.7%=
2020 · 31.7%
2018: 19.7% 2019: 28.1% 2020: 31.7%
2018 → 2021
Net result
€64k▼ 12.8%
2024 · €73k
2018: €24k 2019: €32k 2020: €39k 2021: €42k 2022: €72k 2023: €72k 2024: €73k
2018 → 2025
Working capital
€352k▲ 12.6%
2024 · €312k
2018: €199k 2019: €240k 2020: €265k 2021: €322k 2022: €289k 2023: €316k 2024: €312k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€190k-
Equity€339k-€333k▼ 1.8%€356k▲ 7.0%€387k▲ 8.7%€432k▲ 11.6%
Operating result€60k-€104k▲ 73.0%€102k▼ 2.2%€111k▲ 9.0%€95k▼ 14.2%
Net result€42k-€72k▲ 74.1%€72k▼ 0.8%€73k▲ 1.8%€64k▼ 12.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €60k€60kNet result 2021: €42k€42kOperating result 2022: €104k€104kNet result 2022: €72k€72kOperating result 2023: €102k€102kNet result 2023: €72k€72kOperating result 2024: €111k€111kNet result 2024: €73k€73kOperating result 2025: €95k€95kNet result 2025: €64k€64k20212022202320242025
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €482k
Fixed assets €86k▼ 11.8%
Current assets €396k▲ 5.3%
Equity and liabilities €482k
Equity €432k▲ 11.6%
Debt €50k▼ 42.1%
The debt ratio falls from 18.4% to 10.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€112k
2024 · €123k
Cash flow
€81k
2024 · €85k
Solvency
89.5%
2024 · 81.6%
Current ratio
8.89
2024 · 5.87
Quick ratio
8.89
2024 · 5.87
Debt / equity
0.12
2024 · 0.22
ROE
14.8%
2024 · 18.9%
ROA
13.2%
2024 · 15.4%
Interest coverage
66.58
2024 · 67.37
Debt
€50k
2024 · €87k
Debt ≤ 1 year
€45k
2024 · €64k
Debt > 1 year
€6k
2024 · €23k
Income taxes
€33k
2024 · €36k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€474k€482k
Fixed assets21/28€98k€86k
Tangible fixed assets22/27€98k€86k
Land and buildings22€34k€33k
Plant, machinery and equipment23€2k€4k
Furniture and vehicles24€60k€48k
Other tangible fixed assets26€2k€2k
Current assets29/58€376k€396k
Amounts receivable within one year40/41€163k€151k
Trade receivables40€161k€147k
Other amounts receivable41€1k€4k
Current investments50/53€51k€104k
Cash at bank and in hand54/58€162k€140k
Deferred charges and accrued income490/1€1k€1k
Equity and liabilities
Total equity and liabilities10/49€474k€482k
Equity10/15€387k€432k
Contributions10/11€19k€19k=
Reserves13€341k€386k
Distributable reserves133€341k€386k
Profit (loss) carried forward14€27k€27k=
Amounts payable17/49€87k€50k
Amounts payable after more than one year17€23k€6k
Financial debts170/4€23k€6k
Amounts payable within one year42/48€64k€45k
Current portion of amounts payable after more than one year42€25k€25k
Trade debts44€2k€644
Suppliers440/4€2k€644
Taxes, remuneration and social security45€12k€18k
Taxes450/3€12k€17k
Remuneration and social security454/9€253€1k
Other amounts payable47/48€25k-
Income statement Code20242025
Non-recurring operating income76A€12k€572
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€17k
Other operating charges640/8€2k€1k
Gross operating margin9900€125k€114k
Operating profit (loss)9901€111k€95k
Financial income75/76B€699€3k
Recurring financial income75€699€3k
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€110k€97k
Income taxes67/77€36k€33k
Profit (loss) for the period9904€73k€64k
Profit (loss) for the period to be appropriated9905€73k€64k
Appropriation of the result
Profit (loss) to be appropriated9906€101k€91k
Profit (loss) brought forward from the previous period14P€27k€27k=
Transfer from equity791/2€42k€19k
Transfer to equity691/2€73k€64k
To other reserves6921€73k€64k
Profit to be distributed694/7€42k€19k
Return on contributions (dividend)694€42k€19k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €73k ▲1.8%
Operating result €111k, net result €73k, both a record.
11-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Liquidity triplescurrent ratio 46.15
Current ratio from 17.44 to 46.15; short-term debt falls from €12k to €5k.
16-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 16 days late
2017
07-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortemark · 1 establishment unit since 2009
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Ichtegemstraat 1028610 Kortemark
Ground area
332 m²
Building footprint
132 m²
Volume, LiDAR
993 m³
Parcel 32011B0329/00H000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Vanrolleghem Engineering
Ichtegemstraat 102, 8610 KortemarkJoinery installation
since 20092.176.599.232
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
32011B0329/00H000 Flanders 332 m² 1 · 132 m² 10.3 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,137 companies in sector 46130 we hold annual accounts for 646. 450 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded31-12-2008
Fiscal year end31-12
Activities, NACEBEL
46130Agents in the wholesale of timber and building materials
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.