Financials
- Fiscal year
- 2024
- Total assets
- €155,301
- Profit
- €21,947
- Solvency
- 37.7%
Total assets▼ 3.2%
Net result
20192024
Vanspeybrouck
ActiveSummary
The computed 12-month bankruptcy probability of Vanspeybrouck is 1.8% (moderate). The 2024 annual accounts show equity of €58,489 and a net result of €21,947. Equity is growing by ~56.1% per year across the filed fiscal years. Its solvency ranks better than 40% of 36399 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Joinery installation
NACE 43320
1 site
Size
€155,301total assets 2024
- Equity
- €58,489
- Profit
- €21,947
Turnover not published (abridged schema)
Structure
Accounts 66 d overdue0 of 3 deeds read
Why 55- Figures for FY 2024 (filed 22-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 53 days late; 3 of the last 3 late- Sector Specialised construction activities (NACE 43)+ Founded in 2008Show the evidence
Checked score
Score 2024
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 56% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
63+15
equity 37.7% of total assets
Liquidity
39+14
short-term debt 45.0% · cash 8.7%
Profitability
86+3
return on assets 14.1%
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.5%
12-2024: 1.5%● 0.0% vs 11-2024
01-2025: 1.4%▼ -4.8% vs 12-2024
02-2025: 1.5%▲ +4.2% vs 01-2025
03-2025: 1.4%▼ -4.6% vs 02-2025
04-2025: 1.4%▲ +1.1% vs 03-2025
05-2025: 1.4%▼ -5.1% vs 04-2025
06-2025: 1.3%▼ -2.2% vs 05-2025
07-2025: 1.5%▲ +14.8% vs 06-2025
08-2025: 1.9%▲ +27.1% vs 07-2025
09-2025: 2.2%▲ +14.1% vs 08-2025highest value
10-2025: 0.9%▼ -61.0% vs 09-2025
11-2025: 0.9%● 0.0% vs 10-2025
12-2025: 0.9%● 0.0% vs 11-2025
01-2026: 0.8%▼ -1.7% vs 12-2025
02-2026: 0.9%▲ +4.5% vs 01-2026
03-2026: 0.9%▼ -1.4% vs 02-2026
04-2026: 0.9%▲ +1.1% vs 03-2026
05-2026: 0.9%▼ -3.7% vs 04-2026
06-2026: 0.8%▼ -2.3% vs 05-2026lowest value
07-2026: 0.9%▲ +2.6% vs 06-2026
08-2026: 1.3%▲ +57.5% vs 07-2026
09-2026: 1.5%▲ +9.7% vs 08-2026
10-2026: 1.8%▲ +25.0% vs 09-2026
- Figures for FY 2024 (filed 22-09-2025) raises the probability
- Founded in 2008 lowers the probability for this profile
- 1 financial year not filed after the legal deadline; latest accounts 53 days late; 3 of the last 3 late raises the probability
- Sector Specialised construction activities (NACE 43) raises the probability
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 1.66 against 1.19 in 2023; short-term debt: 45% and cash: 8.7% of total assets), but 62.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 40%, liquidity 28%, profitability 71%, growth against the median 86%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
53 d late
2023
67 d late
2022
58 d late
2021
77 d late
2020
58 d late
2019
262 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 96 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 11
- Since
- 2015
- 22-09-2025Annual accounts filed
- 06-10-2024Annual accounts filed
- 27-09-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Joinery installationNACE 43320
- Founded
- 27-11-2008
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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