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VDA Carstitch & Construct

Active Private limited companyfounded 2024active for 2 yearsHospitaalstraat 4, 8840 StadenKBO/BCE: BE 1014.500.927

Lifetime

1 annual account with figures
peak €836 (2025)
€836 
lowest -€1,839 (2025)
-€1,839 
peak €10,661 (2025)
€10,661 
€10,809 
Board2 names since 2024
2 directorsVANDENAMEELE Wim and 1 other
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
Loss of €1,839First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €5,700 estimated

The micro format states no turnover.

Position in the sector

€10,661

Less equity than 84% of companies in fabricated metal products. Sector median €72,746 · 2,344 companies.

Checked score

65
Healthy
Financially stronger than 41% of micro companies in fabricated metal products (NACE 25)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2025: 1.8% 12-2025: 1.9%▲ +0.1 percentage points vs 11-2025 01-2026: 2.3%▲ +0.4 percentage points vs 12-2025 02-2026: 2.4%▲ +0.1 percentage points vs 01-2026 03-2026: 2.7%▲ +0.3 percentage points vs 02-2026 04-2026: 2.7%● unchanged vs 03-2026 05-2026: 2.9%▲ +0.2 percentage points vs 04-2026 06-2026: 3.0%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 2.9%▼ -0.1 percentage points vs 06-2026 08-2026: 1.1%▼ -1.8 percentage points vs 07-2026lowest value 09-2026: 1.1%● unchanged vs 08-2026 10-2026: 1.2%▲ +0.1 percentage points vs 09-2026 11-2026: 1.2%● unchanged vs 10-2026

Financial strength
Strong

75equity 49.7% of total assets
48short-term debt 50.3% · cash 19.0%
58return on assets -8.6%

Score breakdown

raises risk
Founded in 2024
Size: total assets €21,471
lowers risk
Liquidity: current ratio 0.77, cash €4,072
Equity €10,661 (49.7% of total assets)
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 (NACE 25, micro). It does better than 54% of them on solvency, 41% on liquidity and 27% on profitability.

The bankruptcy probability was computed on 07-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 2,145 companies had the same profile as VDA Carstitch & Construct has now. Each dot stands for 6 companies, two years later.

91.7%
were still trading
5.9%
stopped another way
2.2%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of VDA Carstitch & Construct itself: 1.2% within 12 months.

Test of the method

The method was tested on the 497,447 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 2,145 companies, not a prediction for VDA Carstitch & Construct. 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.

Credit verdict

Credit of up to €500 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.77, below 1. Short-term debt is 50.3% and cash 19% of total assets. 50.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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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 · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 0.77, cash €4,072
NBB · annual accounts
raises risk · Size: total assets €21,471
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €10,661 (49.7% of total assets)
NBB · annual accounts
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 22-07-2026, 9 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
9 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

  • VANDENAMEELE Wim 100 sharesdeed of 04-10-2024
  • VANGEENBERGHE Isabel Magdalena 100 sharesdeed of 04-10-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1014500927
Incorporation Founders: VANDENAMEELE Wim and VANGEENBERGHE Isabel Magdalena · 200 shares · Appointments: VANDENAMEELE Wim (director) and VANGEENBERGHE Isabel Magdalena (director) · published on 04-10-2024 · Gazette deed
First establishment Hospitaalstraat 4, Staden
All 4 events

Comparable companies

same main activity, similar in size and age
Company
VDA Carstitch & Construct Staden €21,471 €836 49.7% -
KAYA STEEL Seraing €16,324 -€5,380 48.3% -
LAERESKA Herselt €16,946 -€26,090 -204.9% -
DKC METAL Herstal €19,531 -€1,322 0.8% -
FEEL FOR STEEL Houthalen-Helchteren €36,807 -€21,010 -75.4% -
SVE maatwerk in staal Bree €29,079 -€1,631 12.3% -
MDV - Metaalbewerking De Vos Lokeren €16,710 -€2,012 13.7% -

These companies have the same main activity as VDA Carstitch & Construct: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €16,300 and €36,800, founded between 2023 and 2025.

Official details

Source: KBO
Status
Active since 02-10-2024Normal situation
Activity
Manufacture of metal structures and parts of structuresNACE 25110and 5 others
Establishment unit
2.364.968.0848840 Staden, since 02-10-2024
Financial year end
31 December
Peppol
Reachable since 30-01-2025
Company details

Annual accounts 2025

€21,471
Filing
Filed on 22-07-2026, 9 days before the end of the filing period
Financials

Insights on VDA Carstitch & Construct

VDA Carstitch & Construct has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,661 and a net result of -€1,839.

Its solvency ranks better than 55% of 2,341 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VDA Carstitch & Construct

What is the company number of VDA Carstitch & Construct?
The company number of VDA Carstitch & Construct is 1014.500.927. The VAT number is the same number with BE in front: BE 1014.500.927.
Where is VDA Carstitch & Construct based?
The registered office is at Hospitaalstraat 4, 8840 Staden.Company details
What does VDA Carstitch & Construct do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of VDA Carstitch & Construct?
VDA Carstitch & Construct is a private limited company (BV).
When was VDA Carstitch & Construct founded?
VDA Carstitch & Construct was founded on 02-10-2024.
Is VDA Carstitch & Construct still active?
Yes, VDA Carstitch & Construct is an active enterprise in the KBO register.
What is the turnover of VDA Carstitch & Construct?
The turnover in financial year 2025 is ≈ €5,700. This figure is estimated from the gross margin of €836 and 35 comparable companies (NACE 25). It probably lies between €2,400 and €11,000. It is a rough estimate.Financials
Is VDA Carstitch & Construct profitable?
In financial year 2025, VDA Carstitch & Construct made a loss of €1,839.
Where can I find the annual accounts of VDA Carstitch & Construct?
VDA Carstitch & Construct filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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