Equity
VanSever has made a profit in every financial year since 2011.
VanSever has made a profit in every financial year since 2011.
The result fell in 2025 from €175,362 to €68,040.
In 2025, 1 person joined and nobody left.
Short-term debts fell from €150,198 to €96,342.
Eight of the last ten came late. The 2019 accounts came latest: 28 days after the end of the period.
More equity than 95% of companies in specialised construction. Sector median €57,824 · 37,191 companies.
In July 2024, 34,721 companies had the same profile as VanSever has now. Each dot stands for 87 companies, two years later.
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 34,721 companies, not a prediction for VanSever. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| VanSever Tervuren | €1.0m | €219,698 | 79.2% | - |
| BELLEMANS DIRK Roosdaal | €1.0m | €233,469 | 63.3% | - |
| EcoRens Opwijk | €0.9m | €243,585 | 40.6% | - |
| INSTABEL CONNECT Kapelle-op-den-Bos | €1.1m | €211,798 | 2.5% | 3.7 |
| Eecootec Aalter | €1.0m | €237,758 | 89.1% | 2.8 |
| ISJA Brakel | €0.9m | €212,387 | 37.3% | 0 |
| PEROTECH INSTALLATIEBEDRIJF Oostkamp | €0.9m | €192,228 | 88.5% | - |
These companies have the same main activity as VanSever: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €896,000 and €1.1m, founded between 2008 and 2011.
VanSever files the micro format. That format states no turnover. The gross margin rose from €50,038 in 2011 to €219,698 in 2025.
The balance sheet grew most from 2017 to 2019 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €650,000. Estimated: probably between €440,000 and €800,000.
Higher than 84% of 37,177 companies in 2025.
Higher than 91% of 36,472 companies in 2025.
Higher than 49% of 36,707 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 1 person joined and nobody left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
1.0m | 1.0m | 914,164 | 858,236 | 631,745 | 611,535 | 571,818 | 517,918 | 501,743 | 151,226 | 98,367 | 102,361 | 106,289 | 81,160 | 64,853 | |
21/28 |
235,851 | 247,420 | 262,619 | 281,042 | 283,897 | 296,788 | 314,435 | 333,606 | 350,932 | 14,194 | 7,418 | 9,554 | 5,747 | 14,933 | 12,818 | |
21 |
3,574 | - | - | - | - | - | - | - | - | - | 167 | 334 | 501 | 668 | - | |
22/27 |
232,277 | 247,420 | 262,619 | 281,042 | 283,897 | 296,788 | 314,435 | 333,606 | 350,932 | 14,194 | 7,251 | 9,220 | 5,246 | 14,265 | 12,818 | |
22 |
226,986 | 239,113 | 252,030 | 265,791 | 280,457 | 296,118 | 313,094 | 331,527 | 340,819 | - | - | - | - | - | - | |
23 |
- | - | - | - | - | - | - | - | - | 456 | 912 | 1,218 | 2,670 | 466 | - | |
24 |
5,291 | 8,306 | 10,589 | 15,252 | 3,441 | - | - | - | 7,112 | 9,814 | 1,493 | 2,233 | 667 | 579 | 568 | |
26 |
- | - | - | - | - | 670 | 1,341 | 2,078 | 3,001 | 3,923 | 4,846 | 5,769 | 1,346 | 9,271 | 4,914 | |
29/58 |
777,626 | 792,023 | 651,545 | 577,194 | 347,848 | 314,746 | 257,384 | 184,312 | 150,811 | 137,032 | 90,950 | 92,806 | 100,543 | 66,227 | 52,035 | |
3 |
26,612 | 12,067 | 290,432 | 160,914 | 18,017 | 1,743 | 12,937 | 1,630 | 4,041 | 11,704 | 2,100 | 1,935 | 1,299 | 6,935 | 2,054 | |
30/36 |
13,612 | 12,067 | 290,432 | 160,914 | 18,017 | 1,743 | 12,937 | 1,630 | 4,041 | 1,836 | 2,100 | 1,935 | 1,299 | 6,935 | 2,054 | |
37 |
13,000 | - | - | - | - | - | - | - | - | 9,868 | - | - | - | - | - | |
40/41 |
228,802 | 140,311 | 127,464 | 132,278 | 97,968 | 90,250 | 103,578 | 81,159 | 48,697 | 72,590 | 30,161 | 38,199 | 64,314 | 48,225 | 44,051 | |
40 |
205,080 | 123,827 | 89,528 | 96,341 | 91,040 | 77,467 | 89,724 | 77,906 | 43,676 | 64,861 | 28,710 | 32,403 | 53,847 | 44,849 | 36,407 | |
41 |
23,722 | 16,483 | 37,937 | 35,937 | 6,928 | 12,784 | 13,855 | 3,253 | 5,021 | 7,729 | 1,450 | 5,796 | 10,467 | 3,376 | 7,645 | |
50/53 |
357,514 | 145,514 | 133,437 | 121,437 | 75,271 | 66,019 | 53,832 | 38,283 | - | - | - | - | - | - | - | |
54/58 |
163,689 | 492,271 | 98,560 | 160,912 | 155,241 | 156,735 | 85,772 | 63,241 | 98,073 | 52,739 | 57,356 | 52,672 | 34,929 | 11,067 | 5,930 | |
490/1 |
1,010 | 1,860 | 1,653 | 1,653 | 1,351 | - | 1,264 | - | - | - | 1,333 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
1.0m | 1.0m | 914,164 | 858,236 | 631,745 | 611,535 | 571,818 | 517,918 | 501,743 | 151,226 | 98,367 | 102,361 | 106,289 | 81,160 | 64,853 | |
10/15 |
802,362 | 754,322 | 578,960 | 443,733 | 357,631 | 236,795 | 169,573 | 130,223 | 108,981 | 101,985 | 71,914 | 58,216 | 47,317 | 34,557 | 21,416 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
789,962 | 741,922 | 566,560 | 431,333 | 345,231 | 224,395 | 157,173 | 117,823 | 96,581 | 89,585 | 59,514 | 45,816 | 34,917 | 22,157 | 9,016 | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
133 |
789,962 | 741,922 | 564,700 | 429,473 | 343,371 | 222,535 | 155,313 | 115,963 | 94,721 | 87,725 | 57,654 | 43,956 | 33,057 | 20,297 | 7,156 | |
17/49 |
211,115 | 285,120 | 335,205 | 414,503 | 274,114 | 374,739 | 402,245 | 387,695 | 392,762 | 49,241 | 26,453 | 44,144 | 58,972 | 46,603 | 43,437 | |
17 |
113,566 | 133,060 | 150,329 | 167,243 | 183,826 | 300,076 | 316,001 | 331,594 | 348,535 | 5,223 | - | - | - | - | 2,473 | |
170/4 |
113,566 | 133,060 | 150,329 | 167,243 | 183,826 | 300,076 | 316,001 | 331,594 | 348,535 | 5,223 | - | - | - | - | 2,473 | |
42/48 |
96,342 | 150,198 | 183,013 | 240,463 | 80,732 | 62,860 | 79,477 | 49,334 | 43,572 | 43,363 | 25,798 | 43,489 | 57,422 | 45,053 | 38,814 | |
42 |
17,622 | 17,269 | 16,914 | 16,583 | 16,251 | 15,925 | 16,885 | 16,559 | 18,560 | 3,215 | - | - | - | 2,473 | 5,969 | |
43 |
- | - | 85,000 | 150,000 | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
- | - | 85,000 | 150,000 | - | - | - | - | - | - | - | - | - | - | - | |
44 |
53,049 | 33,782 | 49,549 | 46,035 | 44,631 | 34,186 | 53,995 | 19,957 | 14,684 | 18,003 | 12,157 | 28,042 | 48,027 | 31,252 | 10,461 | |
440/4 |
53,049 | 33,782 | 49,549 | 46,035 | 44,631 | 34,186 | 53,995 | 19,957 | 14,684 | 18,003 | 12,157 | 28,042 | 48,027 | 31,252 | 10,461 | |
45 |
18,492 | 81,607 | 15,142 | 13,858 | 7,168 | 5,061 | 1,332 | 4,841 | 3,549 | 13,551 | 5,866 | 7,885 | 7,784 | 8,653 | 13,242 | |
450/3 |
1,477 | 65,246 | 8,041 | 4,474 | 1,704 | 531 | 234 | 4,397 | 3,549 | 13,551 | 5,866 | 5,432 | 6,101 | 5,882 | 5,426 | |
454/9 |
17,015 | 16,361 | 7,101 | 9,383 | 5,464 | 4,530 | 1,097 | 444 | - | - | - | 2,453 | 1,683 | 2,771 | 7,816 | |
47/48 |
7,179 | 17,540 | 16,409 | 13,987 | 12,682 | 7,688 | 7,266 | 7,978 | 6,779 | 8,595 | 7,775 | 7,562 | 1,612 | 2,675 | 9,142 | |
492/3 |
1,208 | 1,863 | 1,863 | 6,797 | 9,556 | 11,803 | 6,767 | 6,767 | 655 | 655 | 655 | 655 | 1,550 | 1,550 | 2,150 | |
| Income statement | ||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 204,435 | 188,146 | |
9900 |
219,698 | 355,203 | 284,227 | 194,317 | 232,801 | 156,461 | 95,486 | 80,309 | 95,696 | 63,042 | 25,603 | 23,582 | 26,509 | 48,656 | 50,038 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 163,712 | 150,241 | |
62 |
83,874 | 74,636 | 62,215 | 50,557 | 37,407 | 29,455 | 8,320 | 12,540 | 14,749 | 11,280 | 210 | - | - | 16,184 | 26,659 | |
630 |
15,266 | 19,613 | 19,869 | 20,057 | 16,390 | 17,646 | 19,171 | 21,476 | 60,937 | 7,395 | 3,505 | 4,043 | 5,982 | 6,502 | 5,673 | |
631/4 |
9,304 | - | - | - | 2,553 | 7,779 | - | - | - | - | - | - | - | 3,863 | - | |
640/8 |
13,898 | 3,263 | 4,088 | 4,711 | 3,053 | 4,610 | 3,661 | 1,920 | 6,134 | 1,199 | 1,166 | 653 | 784 | 832 | 1,481 | |
9901 |
97,355 | 257,692 | 198,055 | 118,992 | 173,398 | 96,971 | 64,334 | 44,373 | 13,875 | 43,168 | 20,722 | 18,887 | 19,743 | 21,275 | 16,226 | |
75/76B |
1,196 | 230 | 66 | 1,539 | 594 | 787 | 364 | 256 | 262 | 960 | 15 | 85 | 22 | 30 | 531 | |
75 |
1,196 | 230 | 66 | 1,539 | 594 | 787 | 364 | 256 | 262 | 960 | 15 | 85 | 22 | 30 | 531 | |
65/66B |
3,741 | 8,364 | 9,360 | 5,420 | 8,725 | 10,044 | 11,969 | 12,369 | 685 | 709 | 297 | 506 | 826 | 1,371 | 1,630 | |
65 |
3,741 | 8,364 | 9,360 | 5,420 | 8,725 | 10,044 | 11,969 | 12,369 | 685 | 709 | 297 | 506 | 826 | 1,371 | 1,630 | |
9903 |
94,810 | 249,558 | 188,761 | 115,111 | 165,266 | 87,713 | 52,729 | 32,260 | 13,452 | 43,420 | 20,441 | 18,467 | 18,939 | 19,934 | 15,126 | |
67/77 |
26,770 | 74,195 | 53,534 | 29,009 | 44,431 | 20,491 | 13,379 | 9,406 | 4,844 | 11,737 | 5,131 | 5,955 | 4,567 | 5,180 | 4,498 | |
9904 |
68,040 | 175,362 | 135,227 | 86,102 | 120,835 | 67,223 | 39,350 | 22,854 | 8,608 | 31,683 | 15,310 | 12,511 | 14,372 | 14,753 | 10,628 | |
9905 |
68,040 | 175,362 | 135,227 | 86,102 | 120,835 | 67,223 | 39,350 | 22,854 | 8,608 | 31,683 | 15,310 | 12,511 | 14,372 | 14,753 | 10,628 | |
| Appropriation of the result | ||||||||||||||||
9906 |
68,040 | 175,362 | 135,227 | 86,102 | 120,835 | 67,223 | 39,350 | 22,854 | 8,608 | 31,683 | 15,310 | 12,511 | 14,372 | 14,753 | 10,628 | |
791/2 |
20,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
68,040 | 175,362 | 135,227 | 86,102 | 120,835 | 67,223 | 39,350 | 21,242 | 6,996 | 30,071 | 13,698 | 10,899 | 12,760 | 13,141 | 9,016 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
68,040 | 175,362 | 135,227 | 86,102 | 120,835 | 67,223 | 39,350 | 21,242 | 6,996 | 30,071 | 13,698 | 10,899 | 12,760 | 13,141 | 7,156 | |
694/7 |
20,000 | - | - | - | - | - | - | 1,612 | 1,612 | 1,612 | 1,612 | 1,612 | 1,612 | 1,612 | 1,612 | |
694 |
20,000 | - | - | - | - | - | - | 1,612 | 1,612 | 1,612 | 1,612 | 1,612 | 1,612 | 1,612 | 1,612 | |
| Social balance sheet | ||||||||||||||||
9087 |
2.2 | 2 | 2.3 | 2.2 | 1.7 | 0.9 | 1 | 0.7 | - | 0.2 | - | - | - | 0.8 | 0.8 | |
Hours worked1013 |
3,544 | 3,429 | 3,249 | 3,024 | 2,708 | 1,528 | 1,421 | 1,147 | - | 104 | - | - | - | 944 | 1,400 | |
| Document | ||||||||||||||||
The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 02-02-2026.
2025 annual accounts filed 2 days after the deadline. Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00026802.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 02-02-2026 | 2026-00026802 | |
| 30-06-2024 | micro format | 20-02-2025 | 2025-00040721 | |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00026748 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00014149 | |
| 30-06-2021 | micro format | 04-02-2022 | 2022-05100334 | |
| 30-06-2020 | micro format | 01-02-2021 | 2021-04100394 | |
| 30-06-2019 | micro format | 28-02-2020 | 2020-05800148 | |
| 30-06-2018 | micro format | 26-02-2019 | 2019-05700090 | |
| 30-06-2017 | micro format | 15-02-2018 | 2018-05100136 | |
| 30-06-2016 | abbreviated format | 09-02-2017 | 2017-04100294 | |
| 30-06-2015 | abbreviated format | 28-02-2016 | 2016-05300186 | |
| 30-06-2014 | abbreviated format | 26-01-2015 | 2015-02200584 | |
| 30-06-2013 | abbreviated format | 14-02-2014 | 2014-03500094 | |
| 30-06-2012 | abbreviated format | 28-02-2013 | 2013-04900477 | |
| 30-06-2011 | abbreviated format | 27-02-2012 | 2012-04400570 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €128 | €83 |
| 2024 | 1 | €225 | €225 |
| 2023 | 1 | €345 | €345 |
| 2022 | 1 | €500 | €500 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 112,622 | 277,304 | 217,924 | 139,049 | 189,788 | 114,618 | 83,505 | 65,850 | 74,813 | 50,563 | 24,227 | 22,930 | 25,725 | 27,777 | 21,899 | ||
| 83,306 | 194,975 | 155,095 | 106,160 | 137,226 | 84,869 | 58,521 | 44,330 | 69,545 | 39,079 | 18,814 | 16,554 | 20,354 | 21,255 | 16,301 | ||
| 3,698 | 4,414 | 1,446 | 17,202 | 3,499 | 0 | 0 | 10,764 | 397,676 | 14,171 | 1,368 | 9,191 | 4,385 | 8,617 | 18,491 | ||
| -328,582 | 393,711 | -62,353 | 5,671 | -1,494 | 70,962 | 22,532 | -34,832 | 45,334 | -4,618 | 4,684 | 17,743 | 23,862 | 5,137 | - | ||
| 681,284 | 641,825 | 468,532 | 336,731 | 267,116 | 251,887 | 177,906 | 134,979 | 107,239 | 93,669 | 65,152 | 49,317 | 43,120 | 21,174 | 13,221 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 10.4% | 8.6% | ||
| 79.2% | 72.6% | 63.3% | 51.7% | 56.6% | 38.7% | 29.7% | 25.1% | 21.7% | 67.4% | 73.1% | 56.9% | 44.5% | 42.6% | 33.0% | ||
| 8.07 | 5.27 | 3.56 | 2.40 | 4.31 | 5.01 | 3.24 | 3.74 | 3.46 | 3.16 | 3.53 | 2.13 | 1.75 | 1.47 | 1.34 | ||
| 7.80 | 5.19 | 1.97 | 1.73 | 4.09 | 4.98 | 3.08 | 3.70 | 3.37 | 2.89 | 3.44 | 2.09 | 1.73 | 1.32 | 1.29 | ||
| 0.26 | 0.38 | 0.58 | 0.93 | 0.77 | 1.58 | 2.37 | 2.98 | 3.60 | 0.48 | 0.37 | 0.76 | 1.25 | 1.35 | 2.03 | ||
| 8.5% | 23.2% | 23.4% | 19.4% | 33.8% | 28.4% | 23.2% | 17.5% | 7.9% | 31.1% | 21.3% | 21.5% | 30.4% | 42.7% | 49.6% | ||
| 6.7% | 16.9% | 14.8% | 10.0% | 19.1% | 11.0% | 6.9% | 4.4% | 1.7% | 21.0% | 15.6% | 12.2% | 13.5% | 18.2% | 16.4% | ||
| 30.11 | 33.15 | 23.28 | 25.66 | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 80 days | 71 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 70 days | 25 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 2 | 2 | 3 |
| full-time | 2 | 1 | - | 1 |
| part-time | 1 | 1 | 2 | 2 |
| in full-time equivalents | 2.5 | 1.5 | 1 | 2 |
| 2.2 | 2 | 2 | 1.9 | |
| On a permanent contract | 2 | 2 | 2 | 3 |
| Joined | 1 | 2 | 2 | 3 |
| Left | 0 | 0 | 3 | 3 |
Source: social balance sheet in the 2022 to 2025 annual accounts
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €4,414 | €1,446 | €17,202 |
| Intangible fixed assets | €3,698 | - | - | - |
| €15,266 | €19,613 | €19,869 | €20,057 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 62% lower than in 2024 and the lowest since 2020.
Debt's share of the balance-sheet total falls from 27.4% to 20.8%. Equity is higher and debt is lower.
VanSever has no parent and no holdings in its annual accounts. is the only director. VanSever shares no director with another company.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Karblokstraat 13 registered office 3080 Tervuren | 10-09-2010 | 2.193.621.445 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24302F0020/00F005 | 270 m² | 1 · 64 m² | 10.4 m · 3 |
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. Use the enterprise number 0829.169.658
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