Equity
VANVAN paid out €15,985 in dividends. That is 87% of the 2025 profit.
In July 2024, 6,047 companies had the same profile as VANVAN has now. Each dot stands for 16 companies, two years later.
The method was tested on the 497,331 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 6,047 companies, not a prediction for VANVAN. 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.
VANVAN files the micro format. That format states no turnover. The gross margin fell from €53,123 in 2013 to €37,713 in 2025.
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 ≈ €150,000. Estimated: probably between €91,000 and €270,000.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
509,904 | 482,898 | 455,615 | 434,301 | 416,911 | 399,004 | 442,343 | 425,088 | 409,197 | 398,508 | 380,093 | 361,099 | 336,904 | |
21/28 |
286,276 | 286,353 | 286,430 | 286,507 | 286,584 | 286,661 | 286,738 | 286,815 | 286,892 | 286,969 | 287,046 | 287,123 | 285,000 | |
22/27 |
286,276 | 286,353 | 286,430 | 286,507 | 286,584 | 286,661 | 286,738 | 286,815 | 286,892 | 286,969 | 287,046 | 287,123 | 285,000 | |
22 |
286,276 | 286,353 | 286,430 | 286,507 | 286,584 | 286,661 | 286,738 | 286,815 | 286,892 | 286,969 | 287,046 | 287,123 | 285,000 | |
29/58 |
223,628 | 196,545 | 169,185 | 147,794 | 130,327 | 112,343 | 155,605 | 138,273 | 122,305 | 111,539 | 93,047 | 73,976 | 51,904 | |
40/41 |
- | - | - | - | - | - | - | 2,389 | 1,088 | - | - | - | 21 | |
40 |
- | - | - | - | - | - | - | 1,301 | - | - | - | - | - | |
41 |
- | - | - | - | - | - | - | 1,088 | 1,088 | - | - | - | 21 | |
50/53 |
9,191 | 150,119 | 149,117 | 114,111 | 114,111 | 89,111 | 149,111 | 114,111 | - | - | - | - | - | |
54/58 |
214,437 | 46,426 | 19,818 | 33,683 | 16,216 | 21,024 | 4,285 | 21,774 | 121,217 | 111,486 | 90,800 | 73,976 | 51,883 | |
490/1 |
- | - | 250 | - | - | 2,209 | 2,209 | - | - | 54 | 2,247 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
509,904 | 482,898 | 455,615 | 434,301 | 416,911 | 399,004 | 442,343 | 425,088 | 409,197 | 398,508 | 380,093 | 361,099 | 336,904 | |
10/15 |
311,329 | 308,914 | 291,879 | 277,306 | 261,640 | 247,512 | 236,273 | 228,117 | 221,147 | 214,836 | 202,994 | 190,619 | 178,352 | |
10/11 |
177,000 | 177,000 | 177,000 | 177,000 | 177,000 | - | 177,000 | 177,000 | 177,000 | 177,000 | 177,000 | 177,000 | 177,000 | |
100 |
- | - | - | - | - | - | 177,000 | 177,000 | 177,000 | 177,000 | 177,000 | 177,000 | 177,000 | |
11 |
- | - | - | - | - | 177,000 | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 177,000 | - | - | - | - | - | - | - | |
13 |
134,329 | 131,914 | 114,879 | 100,306 | 84,640 | 70,512 | 59,273 | 51,117 | 44,147 | 37,836 | 25,994 | 13,619 | 1,352 | |
130/1 |
- | - | 17,700 | 17,700 | 17,700 | 17,700 | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 17,700 | 17,700 | 17,700 | 17,700 | 17,700 | 12,335 | 68 | |
1311 |
- | - | 17,700 | 17,700 | 17,700 | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 17,700 | - | - | - | - | - | - | - | |
133 |
134,329 | 131,914 | 97,179 | 82,606 | 66,940 | 52,812 | 41,573 | 33,417 | 26,447 | 20,136 | 8,294 | 1,284 | 1,284 | |
17/49 |
198,575 | 173,984 | 163,736 | 156,995 | 155,271 | 151,492 | 206,070 | 196,972 | 188,050 | 183,672 | 177,099 | 170,480 | 158,552 | |
42/48 |
189,003 | 166,134 | 158,507 | 152,812 | 151,212 | 146,864 | 206,070 | 196,972 | 188,050 | 183,672 | 177,099 | 170,480 | 158,552 | |
44 |
81 | - | 493 | 348 | 348 | 457 | - | - | 194 | 169 | 687 | 148 | 289 | |
440/4 |
81 | - | 493 | 348 | 348 | 457 | - | - | 194 | 169 | 687 | 148 | 289 | |
45 |
7,390 | 7,083 | 5,025 | 3,594 | 5,990 | 6,097 | 5,697 | 4,614 | 3,191 | 6,220 | 5,310 | 5,354 | 2,234 | |
450/3 |
7,390 | 7,083 | 5,025 | 3,594 | 5,990 | 6,097 | 5,697 | 4,614 | 3,191 | 6,220 | 5,310 | 5,354 | 2,234 | |
47/48 |
181,532 | 159,051 | 152,990 | 148,870 | 144,875 | 140,310 | 200,373 | 192,358 | 184,666 | 177,283 | 171,102 | 164,979 | 156,028 | |
492/3 |
9,572 | 7,850 | 5,229 | 4,183 | 4,059 | 4,629 | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||
9900 |
37,713 | 36,561 | 29,476 | 29,555 | 27,467 | 25,067 | 25,316 | 22,540 | 19,160 | 25,014 | 24,462 | 24,635 | 53,123 | |
630 |
77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 309 | 41,325 | |
640/8 |
1,126 | 905 | 659 | 512 | 691 | 507 | 794 | 646 | 798 | 749 | 795 | 648 | 1,617 | |
9901 |
36,511 | 35,579 | 28,740 | 28,966 | 26,699 | 24,483 | 24,445 | 21,817 | 18,285 | 24,188 | 23,590 | 23,678 | 10,181 | |
75/76B |
3,529 | 1,327 | 113 | - | - | - | 1 | 53 | 122 | 182 | 347 | 624 | 129 | |
75 |
3,529 | 1,327 | 113 | - | - | - | 1 | 53 | 122 | 182 | 347 | 624 | 129 | |
65/66B |
13,128 | 10,741 | 7,493 | 5,999 | 5,821 | 6,631 | 11,556 | 11,095 | 10,651 | 8,591 | 8,262 | 8,694 | 8,959 | |
65 |
13,128 | 10,741 | 7,493 | 5,999 | 5,821 | 6,631 | 11,556 | 11,095 | 10,651 | 8,591 | 8,262 | 8,694 | 8,959 | |
9903 |
26,912 | 26,166 | 21,359 | 22,967 | 20,878 | 17,853 | 12,890 | 10,775 | 7,756 | 15,779 | 15,675 | 15,607 | 1,352 | |
67/77 |
8,513 | 8,298 | 6,786 | 7,301 | 6,750 | 6,613 | 4,734 | 3,806 | 1,445 | 3,937 | 3,300 | 3,339 | - | |
9904 |
18,399 | 17,868 | 14,573 | 15,666 | 14,128 | 11,239 | 8,156 | 6,970 | 6,311 | 11,842 | 12,375 | 12,267 | 1,352 | |
9905 |
18,399 | 17,868 | 14,573 | 15,666 | 14,128 | 11,239 | 8,156 | 6,970 | 6,311 | 11,842 | 12,375 | 12,267 | 1,352 | |
| Appropriation of the result | ||||||||||||||
9906 |
18,399 | 17,868 | 14,573 | 15,666 | 14,128 | 11,239 | 8,156 | 6,970 | 6,311 | 11,842 | 12,375 | 12,267 | 1,352 | |
791/2 |
15,126 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
17,540 | 17,035 | 14,573 | 15,666 | 14,128 | 11,239 | 8,156 | 6,970 | 6,311 | 11,842 | 12,375 | 12,267 | 1,352 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 5,365 | 12,267 | 68 | |
6921 |
17,540 | 17,035 | 14,573 | 15,666 | 14,128 | 11,239 | 8,156 | 6,970 | 6,311 | 11,842 | 7,010 | - | 1,284 | |
694/7 |
15,985 | 833 | - | - | - | - | - | - | - | - | - | - | - | |
694 |
15,985 | 833 | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||
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 05-12-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 05-12-2025 | 2025-00576625 | |
| 30-06-2024 | micro format | 23-12-2024 | 2024-00622915 | |
| 30-06-2023 | micro format | 13-12-2023 | 2023-00527109 | |
| 30-06-2022 | micro format | 23-12-2022 | 2022-20545109 | |
| 30-06-2021 | micro format | 24-12-2021 | 2021-81700114 | |
| 30-06-2020 | micro format | 31-12-2020 | 2020-77700334 | |
| 30-06-2019 | micro format | 13-02-2020 | 2020-04900519 | |
| 30-06-2018 | micro format | 31-01-2019 | 2019-04300028 | |
| 30-06-2017 | abbreviated format | 22-12-2017 | 2017-72800597 | |
| 30-06-2016 | abbreviated format | 13-12-2016 | 2016-70000313 | |
| 30-06-2015 | abbreviated format | 09-12-2015 | 2015-68500048 | |
| 30-06-2014 | abbreviated format | 19-12-2014 | 2014-70100442 | |
| 30-06-2013 | abbreviated format | 03-12-2013 | 2013-67800109 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 36,588 | 35,656 | 28,817 | 29,043 | 26,776 | 24,560 | 24,522 | 21,894 | 18,362 | 24,265 | 23,667 | 23,987 | 51,506 | ||
| 18,476 | 17,945 | 14,650 | 15,743 | 14,205 | 11,316 | 8,233 | 7,047 | 6,388 | 11,919 | 12,452 | 12,577 | 42,677 | ||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,432 | 326,325 | ||
| 168,011 | 26,608 | -13,865 | 17,467 | -4,808 | 16,739 | -17,489 | -99,444 | 9,732 | 20,686 | 16,824 | 22,094 | - | ||
| 34,625 | 30,411 | 10,678 | -5,018 | -20,885 | -34,520 | -50,465 | -58,698 | -65,745 | -72,133 | -84,052 | -96,504 | -106,648 | ||
| 61.1% | 64.0% | 64.1% | 63.9% | 62.8% | 62.0% | 53.4% | 53.7% | 54.0% | 53.9% | 53.4% | 52.8% | 52.9% | ||
| 1.18 | 1.18 | 1.07 | 0.97 | 0.86 | 0.76 | 0.76 | 0.70 | 0.65 | 0.61 | 0.53 | 0.43 | 0.33 | ||
| 0.64 | 0.56 | 0.56 | 0.57 | 0.59 | 0.61 | 0.87 | 0.86 | 0.85 | 0.85 | 0.87 | 0.89 | 0.89 | ||
| 5.9% | 5.8% | 5.0% | 5.6% | 5.4% | 4.5% | 3.5% | 3.1% | 2.9% | 5.5% | 6.1% | 6.4% | 0.8% | ||
| 3.6% | 3.7% | 3.2% | 3.6% | 3.4% | 2.8% | 1.8% | 1.6% | 1.5% | 3.0% | 3.3% | 3.4% | 0.4% | ||
| 2.79 | 3.32 | 3.85 | 4.84 | - | - | - | - | - | - | - | - | - |
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.
The operating result for 2025 is 3% higher than in 2024 and the highest since 2013. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 36.0% to 38.9%. Equity and debt are higher.
VANVAN has no parent and no holdings in its annual accounts. is the only director. VANVAN shares no director with another company.
| VANHOUTTE MACHINERIE
registered office since 11-12-1989 · founded in 1989 |
8.5 FTE (2025) 0439.047.536 |
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
| Papestraat 53 registered office 8880 Ledegem |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 36010D0645/00Y002 | 227 m² | 1 · 108 m² | 10.1 m · 2 |
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