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VANTIEGHEM

Active
Private limited company (pre-2019)founded 1996active for 30 yearsTer Moude(M) 20, 8552 Zwevegem, BelgiumKBO/BCE: BE 0458.616.889
Summary

VANTIEGHEM has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187,067 and a net result of -€33,468. Equity has been shrinking by about 6% per year since 2019. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 02-08-1996 Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.079.729.191 8552 Zwevegem, since 03-01-1997
Financial year end
30 June
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • Vantieghem ToussaintDirector · since 25-07-1996

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-06-2025
Gross margin
-€7,615
Loss
€33,468
Equity
€187,067
▼ 15.2%
Total assets
€187,645
▼ 15.6%
Turnover not published (abbreviated or micro format)
Score breakdownraises riskLoss of €33,468 (financial year 2025)lowers riskSize: total assets €187,645Founded in 1996Equity €187,067 (99.7% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 45% of micro companies without a NACE code
Financial strength · tick: 2024
Strong
Solvency 100=
equity 99.7% of total assets
Liquidity 81-4
short-term debt 0.1% · cash 24.8%
Profitability 0-74
return on assets -17.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: < 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: 0.1%▲ +0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €17,000 on 30-day terms is acceptable
Short-term debt is 0.1% and cash 24.8% of total assets. 0.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 74% on liquidity, 4% on profitability and 20% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €33,468 (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €187,645
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1996
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €187,067 (99.7% of total assets)
NBB · annual accounts
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
1 day early
2023
4 days early
2022
on the day
2021
1 day late
2020
1 day late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 1 day before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end04-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 30-01-2026 PDF all 29 filings

Equity
€187,067▼ 15.2%
2024 · €220,535
Total assets
€187,645▼ 15.6%
2024 · €222,217
Net result
-€33,468
2024 · €8,926
Working capital
€46,232▼ 24.8%
2024 · €61,496
Multi-year overview
2019 to 2025, 7 financial years
Operating result
-€29,168
2025
20192025
Net result
-€33,468
2025
20192025
Equity
€187,067
▼ 15.2% 2025
20192025
Total assets
€187,645
▼ 15.6% 2025
20192025
Debt
€578
▼ 65.6% 2025
20192025
Working capital
€46,232
▼ 24.8% 2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€18,694--€20,307▼ 8.6%-€16,354▲ 19.5%-€17,907▼ 9.5%-€9,255▲ 48.3%€8,936-€29,168
Net result-€18,686--€20,337▼ 8.8%-€16,380▲ 19.5%-€18,073▼ 10.3%-€9,330▲ 48.4%€8,926-€33,468
Equity€275,730-€255,393▼ 7.4%€239,012▼ 6.4%€220,940▼ 7.6%€211,609▼ 4.2%€220,535▲ 4.2%€187,067▼ 15.2%
Total assets€285,148-€261,655▼ 8.2%€243,966▼ 6.8%€230,398▼ 5.6%€211,949▼ 8.0%€222,217▲ 4.8%€187,645▼ 15.6%
Debt€9,418-€6,262▼ 33.5%€4,953▼ 20.9%€9,459▲ 91.0%€339▼ 96.4%€1,682▲ 396%€578▼ 65.6%
Working capital€44,818-€42,389▼ 5.4%€43,456▲ 2.5%€47,083▲ 8.3%€49,847▲ 5.9%€61,496▲ 23.4%€46,232▼ 24.8%

The operating result for 2025 is a loss of €29,168, after a profit of €8,936 in 2024. It is the lowest result since 2021.

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €187,645
Fixed assets €141,136 ▼ 11.3%
Current assets €46,509 ▼ 26.4%
Equity and liabilities €187,645
Equity €187,067 ▼ 15.2%
Debt €578 ▼ 65.6%
Debt's share of the balance-sheet total falls from 0.8% to 0.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€11,264▼
2024 · €26,840
Cash flow
-€15,565▼
2024 · €26,829
Debt to equity
0.00▼
2024 · 0.01
ROE
-17.9%▼
2024 · 4.0%
ROA
-17.8%▼
2024 · 4.0%
Interest coverage
-10727.89▼
2024 · 86.48
Debt ≤ 1 year
€277▼
2024 · €1,682
Income taxes
€46
A ratio outside any meaningful range has been withheld (balance sheet total €187,645, equity €187,067).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item30-06-202230-06-202330-06-202430-06-2025
Tangible fixed assets€860-€15,180-
Depreciation and write-downs of the year€17,326€17,328€17,904€17,904

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€222,217€187,645▼
Fixed assets21/28€159,039€141,136▼
Tangible fixed assets22/27€159,039€141,136▼
Land and buildings22€158,694€140,962▼
Other tangible fixed assets26€346€174▼
Current assets29/58€63,178€46,509▼
Amounts receivable within one year40/41€46€63▲
Trade receivables40€0-
Other amounts receivable41€46€63▲
Cash at bank and in hand54/58€62,548€46,446▼
Deferred charges and accrued income490/1€584€0▼
Equity and liabilities
Total equity and liabilities10/49€222,217€187,645▼
Equity10/15€220,535€187,067▼
Contributions10/11€6,205€6,205=
Reserves13€213,859€180,859▼
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Distributable reserves133€212,000€179,000▼
Profit (loss) carried forward14€470€2▼
Amounts payable17/49€1,682€578▼
Amounts payable within one year42/48€1,682€277▼
Trade debts44€41€86▲
Suppliers440/4€41€86▲
Other amounts payable47/48€1,641€191▼
Accrued charges and deferred income492/3-€301
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,904€17,904=
Other operating charges640/8€3,760€3,649▼
Gross operating margin9900€30,600-€7,615▼
Operating profit (loss)9901€8,936-€29,168▼
Financial income75/76B€300€101▼
Recurring financial income75€300€101▼
Financial charges65/66B€310€4,355▲
Recurring financial charges65€310€1▼
Non-recurring financial charges66B-€4,354
Profit (loss) for the period before taxes9903€8,926-€33,422▼
Income taxes67/77-€46
Profit (loss) for the period9904€8,926-€33,468▼
Profit (loss) for the period to be appropriated9905€8,926-€33,468▼
Appropriation of the result
Profit (loss) to be appropriated9906€9,470-€32,998▼
Profit (loss) brought forward from the previous period14P€545€470▼
Transfer from equity791/2€0€33,000▲
Transfer to equity691/2€9,000€0▼
To other reserves6921€9,000€0▼

The notes to these accounts have 4 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 30-01-2026.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,909€17,909€17,997€17,326€17,328€17,904€17,904=
Other operating charges640/8---€3,031€3,137€3,760€3,649▼ 2.9%
Gross operating margin9900€2,007€393€4,693€2,450€11,209€30,600-€7,615-
Operating profit (loss)9901-€18,694-€20,307-€16,354-€17,907-€9,255€8,936-€29,168-
Financial income75/76B---€0€20€300€101▼ 66.3%
Recurring financial income75€80€48€53€0€20€300€101▼ 66.3%
Financial charges65/66B---€166€95€310€4,355▲ 14×
Recurring financial charges65€72€79€72€166€95€310€1▼ 99.7%
Non-recurring financial charges66B------€4,354-
Profit (loss) for the period before taxes9903-€18,686-€20,337-€16,372-€18,073-€9,330€8,926-€33,422-
Income taxes67/77--€8€0--€46-
Profit (loss) for the period9904-€18,686-€20,337-€16,380-€18,073-€9,330€8,926-€33,468-
Profit (loss) for the period to be appropriated9905-€18,686-€20,337-€16,380-€18,073-€9,330€8,926-€33,468-
Line2019202020212022202320242025Change
Assets
Total assets20/58€285,148€261,655€243,966€230,398€211,949€222,217€187,645▼ 15.6%
Fixed assets21/28€230,912€213,004€195,557€179,091€161,763€159,039€141,136▼ 11.3%
Tangible fixed assets22/27€230,912€213,004€195,557€179,091€161,763€159,039€141,136▼ 11.3%
Land and buildings22---€178,218€161,245€158,694€140,962▼ 11.2%
Plant, machinery and equipment23---€183€0---
Other tangible fixed assets26---€690€518€346€174▼ 49.8%
Current assets29/58€54,236€48,651€48,409€51,308€50,186€63,178€46,509▼ 26.4%
Amounts receivable within one year40/41€8€7€0-€444€46€63▲ 36.0%
Trade receivables40----€37€0--
Other amounts receivable41----€407€46€63▲ 36.0%
Cash at bank and in hand54/58€53,795€48,363€47,932€50,800€49,204€62,548€46,446▼ 25.7%
Deferred charges and accrued income490/1---€508€538€584€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€285,148€261,655€243,966€230,398€211,949€222,217€187,645▼ 15.6%
Equity10/15€275,730€255,393€239,012€220,940€211,609€220,535€187,067▼ 15.2%
Contributions10/11€6,205€0-€6,205€6,205€6,205€6,205=
Reserves13€268,859€248,859€231,859€213,859€204,859€213,859€180,859▼ 15.4%
Non-distributable reserves130/1---€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311---€1,859€1,859€1,859€1,859=
Distributable reserves133---€212,000€203,000€212,000€179,000▼ 15.6%
Profit (loss) carried forward14€666€328€948€875€545€470€2▼ 99.5%
Amounts payable17/49€9,418€6,262€4,953€9,459€339€1,682€578▼ 65.6%
Amounts payable within one year42/48€9,418€6,262€4,953€4,225€339€1,682€277▼ 83.5%
Trade debts44€407€276€37€1,621€339€41€86▲ 110%
Suppliers440/4---€1,621€339€41€86▲ 110%
Other amounts payable47/48---€2,604€0€1,641€191▼ 88.4%
Accrued charges and deferred income492/3---€5,234€0-€301-
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€18,686-€20,337-€16,380-€18,073-€9,330€8,926-€33,468-
+ Depreciation and write-downs630€17,909€17,909€17,997€17,326€17,328€17,904€17,904=
Operating cash flow (approximation)-€777-€2,429€1,616-€747€7,998€26,829-€15,565-
Investment in fixed assets (approximation)-€0-€550-€860€0-€15,180€0-
Change in cash--€5,432-€430€2,868-€1,596€13,343-€16,101-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 5,831 companies had the same profile as VANTIEGHEM has now. Two years later, 84.6% were still going and 1.7% had gone bankrupt.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
84.6% was still going
13.4% stopped otherwise
1.7% went bankrupt

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of VANTIEGHEM itself is lower: 0.1% within 12 months. It rests on far more data about VANTIEGHEM than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 5,831 companies, not a prediction for VANTIEGHEM. 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.

Latest 10 of 29 filings with the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 30-01-2026 2026-00019825 PDF
30-06-2024 micro format 30-01-2025 2025-00018971 PDF
30-06-2023 micro format 27-01-2024 2024-00011021 PDF
30-06-2022 micro format 31-01-2023 2023-00016642 PDF
30-06-2021 micro format 01-02-2022 2022-03600386 PDF
30-06-2020 micro format 01-02-2021 2021-04300533 PDF
30-06-2019 abbreviated format 31-01-2020 2020-03700169 PDF
30-06-2018 abbreviated format 31-01-2019 2019-04000241 PDF
30-06-2017 abbreviated format 30-01-2018 2018-04600143 PDF
30-06-2016 abbreviated format 06-02-2017 2017-03800091 PDF

Show all 29 filings

Board & ownership

Directors

Directors
1 director
Vantieghem Toussaint
Director · since 25-07-1996 · listed in the 2025 annual accounts, filed on 30-01-2026
Current

Owners and capital

Network & group

VANTIEGHEM shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of VANTIEGHEM. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-01-2027
2026
30-01
NBB filing Annual accounts 2025 filedPDF
micro format · 1 day before the deadline
2025
30-06
Financial Weakest financial yearnet -€33,468
The net result drops to -€33,468, the lowest from 2019 to 2025.
30-06
Financial Liquidity more than quadruplescurrent ratio 167.73
The current ratio rises from 37.57 to 167.73. Short-term debt falls from €1,682 to €277.
30-01
NBB filing Annual accounts 2024 filedPDF
micro format · 1 day before the deadline
2024
30-06
Financial Back to profitnet €8,926
The net result is €8,926, after 5 loss-making years.
27-01
NBB filing Annual accounts 2023 filedPDF
micro format · 4 days before the deadline
2023
30-06
Financial Liquidity more than 12 timescurrent ratio 147.90
The current ratio rises from 12.14 to 147.90. Short-term debt falls from €4,225 to €339.
31-01
NBB filing Annual accounts 2022 filedPDF
micro format · on the deadline day
2022
01-02
NBB filing Annual accounts 2021 filedPDF
micro format · 1 day late
2021
01-02
NBB filing Annual accounts 2020 filedPDF
micro format · 1 day late
2020
31-01
NBB filing Annual accounts 2019 filedPDF
abbreviated format · on the deadline day
2019
31-01
NBB filing Annual accounts 2018 filedPDF
abbreviated format · on the deadline day
Show earlier events
2018
30-01
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 1 day before the deadline
2017
06-02
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 6 days late
1996
13-08
Gazette deed Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

VANTIEGHEM was incorporated on 2 August 1996.1 Total assets fell from €285,148 in 2019 to €187,645 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Register details

Identity

KBO record
Name VANTIEGHEM in Dutch
Enterprise number 0458.616.889
Legal form Private limited company (pre-2019)
Status Active, normale toestand
Founded 02-08-1996
Entity type Legal entity

Registered office and establishments

Registered office Ter Moude(M) 20, 8552 Zwevegem, Belgium
Establishment unit Ter Moude(M) 20, 8552 Zwevegem since 03-01-1997 · unit number 2.079.729.19147730 Retail sale of pharmaceutical products

Invoicing and payment

VAT number BE 0458.616.889
E-invoicing via Peppol
Not found in the Peppol Directory

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Invoicing without a Peppol listing

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Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 30-06

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
1,385 m²
Building footprint
261 m²
Building volume
1,160 m³
Cadastral parcel Region Area Buildings Height / floors
34028B0403/00K000 Flanders 1,385 m² 1 · 261 m² 7.0 m · 2