VANSIELEGHEM
ActiveVANSIELEGHEM has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €215k and a net result of €40k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 59% of 7331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-8
Solvency77▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 0.88 in 2024; short-term debt: 45.3% and cash: 45.7% of total assets), and 47.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.4%
Return on assets
9.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €215k
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 filingsDeviation from the deadline
2025
18 d early
2024
20 d late
2023
30 d late
2022
7 d early
2021
31 d early
2020
19 d early
2019
26 d late
← 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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€215k▲ 3.4%
2024 · €208k
2018: €195k
2019: €183k
2020: €205k
2021: €214k
2022: €190k
2023: €148k
2024: €208k
2018 → 2025
Total assets
€410k▲ 9.9%
2024 · €373k
2018: €298k
2019: €256k
2020: €253k
2021: €305k
2022: €292k
2023: €282k
2024: €373k
2018 → 2025
Net result
€40k▼ 32.9%
2024 · €60k
2018: €48k
2019: €4k
2020: €32k
2021: €41k
2022: €11k
2023: €6k
2024: €60k
2018 → 2025
Working capital
€37k
2024 · €-18k
2018: €65k
2019: €92k
2020: €106k
2021: €57k
2022: €50k
2023: €2k
2024: €-18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€214k-€190k▼ 11.1%€148k▼ 22.3%€208k▲ 40.5%€215k▲ 3.4%
Operating result€49k-€14k▼ 70.8%€11k▼ 24.8%€89k▲ 726%€63k▼ 28.7%
Net result€41k-€11k▼ 74.1%€6k▼ 42.6%€60k▲ 888%€40k▼ 32.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €410k
Fixed assets
€187k▼ 20.7%
Current assets
€223k▲ 62.5%
Equity and liabilities €410k
Equity
€215k▲ 3.4%
Provisions
€0▼ 100%
Debt
€195k▲ 18.2%
The debt ratio rises from 44.2% to 47.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€145k▼
2024 · €151k
Cash flow
€122k▲
2024 · €122k
Solvency
52.4%▼
2024 · 55.7%
Current ratio
1.20▲
2024 · 0.88
Quick ratio
1.10▲
2024 · 0.86
Debt / equity
0.91▲
2024 · 0.79
ROE
18.7%▼
2024 · 28.8%
ROA
9.8%▼
2024 · 16.1%
Interest coverage
19.04▼
2024 · 22.91
Debt
€195k▲
2024 · €165k
Debt ≤ 1 year
€186k▲
2024 · €155k
Debt > 1 year
€0▼
2024 · €861
Income taxes
€16k▼
2024 · €23k
Staff costs
€0▼
2024 · €4k
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€373k€410k▲
Fixed assets21/28€236k€187k▼
Tangible fixed assets22/27€236k€187k▼
Land and buildings22-€2k
Plant, machinery and equipment23€77k€54k▼
Furniture and vehicles24€159k€131k▼
Financial fixed assets28€135€135=
Current assets29/58€137k€223k▲
Stocks and contracts in progress3€3k€19k▲
Stocks30/36€3k€4k▲
Contracts in progress37€0€15k▲
Amounts receivable within one year40/41€55k€12k▼
Trade receivables40€42k€2k▼
Other amounts receivable41€14k€10k▼
Cash at bank and in hand54/58€77k€187k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€373k€410k▲
Equity10/15€208k€215k▲
Contributions10/11€13k€13k=
Reserves13€180k€187k▲
Tax-exempt reserves132€624€0▼
Distributable reserves133€180k€187k▲
Profit (loss) carried forward14€15k€15k=
Provisions and deferred taxes16€156€0▼
Deferred taxes168€156€0▼
Amounts payable17/49€165k€195k▲
Amounts payable after more than one year17€861€0▼
Financial debts170/4€861€0▼
Amounts payable within one year42/48€155k€186k▲
Current portion of amounts payable after more than one year42€5k€861▼
Trade debts44€32k€16k▼
Suppliers440/4€32k€16k▼
Taxes, remuneration and social security45€19k€29k▲
Taxes450/3€18k€29k▲
Remuneration and social security454/9€818€0▼
Other amounts payable47/48€99k€140k▲
Accrued charges and deferred income492/3€9k€9k▲
Income statement
Code20242025
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€4k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€82k▲
Other operating charges640/8€1k€751▼
Gross operating margin9900€156k€146k▼
Operating profit (loss)9901€89k€63k▼
Financial income75/76B€370€236▼
Recurring financial income75€370€236▼
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€82k€56k▼
Transfer from deferred taxes780€160€156▼
Income taxes67/77€23k€16k▼
Profit (loss) for the period9904€60k€40k▼
Transfer from tax-exempt reserves789€640€624▼
Profit (loss) for the period to be appropriated9905€61k€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€75k€56k▼
Profit (loss) brought forward from the previous period14P€15k€15k=
Transfer from equity791/2€0€33k▲
Transfer to equity691/2€61k€41k▼
To other reserves6921€61k€41k▼
Profit to be distributed694/7€0€33k▲
Return on contributions (dividend)694€0€33k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Highest result since 2018net €60k ▲888%
Operating result €89k, net result €60k, both a record.
31-12
Financial
Equity above €200kEq €208k ▲40.5%
7 profitable years in a row build equity to €208k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €205k ▲11.7%
3 profitable years in a row build equity to €205k.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Weakest financial yearnet €4k ▼90.9%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Koekelare · 1 establishment unit since 2002
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.
Populiereweg 508680 KoekelareGround area
580 m²
Building footprint
179 m²
Volume, LiDAR
888 m³
Parcel 32002B0071/00V000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VANSIELEGHEM HUGO & ARNOLD BVBA
since 20022.036.028.317
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32002B0071/00V000 | Flanders | 580 m² | 1 · 179 m² | 8.5 m · 2 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.
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IS BATI
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A.B.R.
BE 0459.926.884
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M.H.CONSTRUCT
BE 0725.568.413
Sint-Joost-ten-Node · Eq €215k
BOUWWERKEN KERKHOFS LUC
BE 0471.306.865
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GB Urban
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 11,901 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-02-1988
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.