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VANSTEENKISTE FREDERIC

Active
Private limited companyfounded 200620 yrs activeDriemastenstraat 9, 8880 Ledegem, BelgiumKBO/BCE: BE 0881.108.309

VANSTEENKISTE FREDERIC has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €304k and a net result of €17k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 89% of 4575 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
84 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 6.21 against 4.91 in 2024; short-term debt: 15.1% and cash: 87.8% of total assets), and 15.1% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies more bankruptcies →
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 20 years 0 30 y
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
84.9%
Return on assets
4.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-01-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
32 d early
2023
on the day
2022
on the day
2021
33 d early
2020
31 d early
2019
23 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close22-09-2026 today31-01-2027 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

Equity
€304k▲ 5.9%
2024 · €287k
2019: €187k 2020: €208k 2021: €246k 2022: €261k 2023: €270k 2024: €287k
2019 → 2025
Total assets
€358k▲ 1.4%
2024 · €353k
2019: €219k 2020: €254k 2021: €288k 2022: €324k 2023: €324k 2024: €353k
2019 → 2025
Net result
€17k▲ 0.1%
2024 · €17k
2019: €11k 2020: €21k 2021: €38k 2022: €15k 2023: €9k 2024: €17k
2019 → 2025
Working capital
€281k▲ 13.4%
2024 · €248k
2019: €169k 2020: €197k 2021: €142k 2022: €180k 2023: €210k 2024: €248k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€246k-€261k▲ 6.2%€270k▲ 3.4%€287k▲ 6.2%€304k▲ 5.9%
Operating result€43k-€21k▼ 50.9%€14k▼ 35.4%€24k▲ 77.5%€24k▲ 0.1%
Net result€38k-€15k▼ 59.6%€9k▼ 41.5%€17k▲ 87.3%€17k▲ 0.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2021: €43k€43kNet result 2021: €38k€38kOperating result 2022: €21k€21kNet result 2022: €15k€15kOperating result 2023: €14k€14kNet result 2023: €9k€9kOperating result 2024: €24k€24kNet result 2024: €17k€17kOperating result 2025: €24k€24kNet result 2025: €17k€17k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 0% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €358k
Fixed assets €23k▼ 44.8%
Current assets €335k▲ 7.6%
Equity and liabilities €358k
Equity €304k▲ 5.9%
Debt €54k▼ 18.0%
The debt ratio falls from 18.7% to 15.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€46k
2024 · €46k
Cash flow
€39k
2024 · €38k
Solvency
84.9%
2024 · 81.3%
Current ratio
6.21
2024 · 4.91
Quick ratio
6.21
2024 · 4.91
Debt / equity
0.18
2024 · 0.23
ROE
5.5%
2024 · 5.9%
ROA
4.7%
2024 · 4.8%
Interest coverage
178.85
2024 · 98.81
Debt
€54k
2024 · €66k
Debt ≤ 1 year
€54k
2024 · €63k
Income taxes
€7k
2024 · €7k
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€353k€358k
Fixed assets21/28€42k€23k
Tangible fixed assets22/27€42k€23k
Plant, machinery and equipment23€945€2k
Furniture and vehicles24€41k€21k
Financial fixed assets28€205€205=
Current assets29/58€311k€335k
Amounts receivable within one year40/41€17k€16k
Trade receivables40€17k€16k
Cash at bank and in hand54/58€289k€314k
Deferred charges and accrued income490/1€5k€5k
Equity and liabilities
Total equity and liabilities10/49€353k€358k
Equity10/15€287k€304k
Contributions10/11€6k€6k=
Reserves13€157k€174k
Tax-exempt reserves132€38k€38k=
Distributable reserves133€119k€136k
Profit (loss) carried forward14€124k€124k=
Amounts payable17/49€66k€54k
Amounts payable within one year42/48€63k€54k
Financial debts43€54-
Other loans439€54-
Trade debts44€6k€5k
Suppliers440/4€6k€5k
Taxes, remuneration and social security45€28k€16k
Taxes450/3€14k€14k
Remuneration and social security454/9€14k€2k
Other amounts payable47/48€29k€33k
Accrued charges and deferred income492/3€3k€150
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k
Other operating charges640/8€1k€2k
Gross operating margin9900€47k€48k
Operating profit (loss)9901€24k€24k
Financial income75/76B-€746
Recurring financial income75-€746
Financial charges65/66B€464€1k
Recurring financial charges65€464€258
Non-recurring financial charges66B-€765
Profit (loss) for the period before taxes9903€24k€24k
Income taxes67/77€7k€7k
Profit (loss) for the period9904€17k€17k
Profit (loss) for the period to be appropriated9905€17k€17k
Appropriation of the result
Profit (loss) to be appropriated9906€140k€141k
Profit (loss) brought forward from the previous period14P€123k€124k
Transfer to equity691/2€17k€17k
To other reserves6921€17k€17k

The notes to these accounts (8 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 31-01-2027
2026
13-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
30-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Weakest financial yearnet €9k ▼41.5%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
29-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial Highest result since 2019net €38k ▲81.3%
Operating result €43k, net result €38k, both a record.
2020
31-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Equity above €200kEq €208k ▲11.2%
2 profitable years in a row build equity to €208k.
08-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
18-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 18 days late
2018
26-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
2016
31-12
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
1 act for this company is 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, Ledegem · 1 establishment unit since 2006
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.

Driemastenstraat 98880 Ledegem
Ground area
1,787 m²
Building footprint
223 m²
Volume, LiDAR
907 m³
Parcel 36018B0864/00F000, Flanders · tallest building 8.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VANSTEENKISTE FREDERIC
Driemastenstraat 9, 8880 LedegemNACE 60243
since 20062.153.681.793
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36018B0864/00F000 Flanders 1,787 m² 1 · 223 m² 8.7 m · 1 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 12,606 companies in sector 49410 we hold annual accounts for 8,203. 5,841 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded04-05-2006
Fiscal year end30-06
Activities, NACEBEL
49410Freight transport by road
46190Agents in non-specialised wholesale trade
46216Wholesale of agricultural produce and animal feed, general range
47761Retail sale of flowers, plants, seeds and fertilisers
51210
52483
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.