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VERSTRAETE ANDY

Active
Private limited company (pre-2019)founded 2008active for 18 yearsZuster Clarastraat(ICH) 14, 8480 Ichtegem, BelgiumKBO/BCE: BE 0896.918.715
Summary

The computed 12-month bankruptcy probability of VERSTRAETE ANDY is 2.2% (moderate). The 2025 annual accounts show equity of €30,775 and a net result of -€7,259. Equity has been growing by about 11% per year since 2019. Its solvency ranks better than 40% of 34,954 sector peers (NACE 43, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 28-03-2008 Normal situation
Activity
Site preparation NACE 43120and 4 others
Establishment unit
2.169.806.163 8480 Ichtegem, since 04-04-2008
Financial year end
31 March
Peppol
Reachable since 03-12-2025

Board and ownership

Board
  • Verstraete AndyDirector

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Annual accounts to 31-03-2025
Gross margin
€29,960
▲ 7.7%
Turnover
≈ €170,000
estimated
Loss
€7,259
Equity
€30,775
▼ 19.1%
Total assets
€81,070
▼ 21.0%
  • 2026 accounts not filed, 3 days past the deadline
Score breakdownraises riskFigures for financial year 2025 (filed on 26-11-2025)Loss of €7,259 (financial year 2025)Liquidity: current ratio 0.91, cash €61, halvedSector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 24% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 63+1
equity 38.0% of total assets
Liquidity 27-6
short-term debt 46.4% · cash 0.1%
Profitability 40-33
return on assets -9.0%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.5%▼ -0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.5%▼ -0.1 percentage points vs 08-2025lowest value 10-2025: 0.7%▲ +0.2 percentage points vs 09-2025 11-2025: 1.2%▲ +0.5 percentage points vs 10-2025 12-2025: 1.5%▲ +0.3 percentage points vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 1.5%● unchanged vs 07-2026 09-2026: 1.4%▼ -0.1 percentage points vs 08-2026 10-2026: 2.0%▲ +0.6 percentage points vs 09-2026 11-2026: 2.2%▲ +0.2 percentage points vs 10-2026highest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.91 (1.14 in 2024), below 1. Short-term debt is 46.4% and cash 0.1% of total assets. 62% 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 (NACE 43, micro). It does better than 40% of them on solvency, 16% on liquidity, 20% on profitability and 19% on growth.

The bankruptcy probability was computed on 02-11-2026 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.
raises riskneutral
raises risk · Figures for financial year 2025 (filed on 26-11-2025)
NBB · annual accounts
raises risk · Loss of €7,259 (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.91, cash €61, halved
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-11-2025, 24 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
24 days late
2024
3 days early
2023
38 days early
2022
35 days early
2021
153 days early
2020
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 39 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 86% of companies in specialised constructionsector median €10,221 · 34,941 companies -€7,259 View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as VERSTRAETE ANDY: site preparation (NACE 43120). They are comparable in size and age: total assets between €76,200 and €98,100, founded between 2006 and 2009.

CompanyTotal assetsGross margin
VERSTRAETE ANDY Ichtegem€81,070€29,960
Stratagème Sint-Lambrechts-Woluwe€76,252€27,132
PRINCEN BART ALGEMENE BOUWWERKEN Tongeren-Borgloon€83,498€26,523
TERRATECH Enghien€98,111€30,463
C.I.S. Dendermonde€76,204€35,670
SF AMENAGEMENTS Jemeppe-sur-Sambre€97,004€25,657
ARC & STYLE ENERGIES RENOUVELABLES Brussel€88,742€37,614
Full comparison

Key facts about VERSTRAETE ANDY

What is the company number of VERSTRAETE ANDY?
The company number of VERSTRAETE ANDY is 0896.918.715. The VAT number is the same number with BE in front: BE 0896.918.715.
Where is VERSTRAETE ANDY based?
The registered office is at Zuster Clarastraat(ICH) 14, 8480 Ichtegem.Company details
What does VERSTRAETE ANDY do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of VERSTRAETE ANDY?
The legal form of VERSTRAETE ANDY is Private limited company (pre-2019) (BVBA).
When was VERSTRAETE ANDY founded?
VERSTRAETE ANDY was founded on 28-03-2008.
Is VERSTRAETE ANDY still active?
Yes, VERSTRAETE ANDY is an active enterprise in the KBO register.
What is the turnover of VERSTRAETE ANDY?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €29,960 and 32 comparable companies (NACE 431). It probably lies between €110,000 and €370,000.Financials
Is VERSTRAETE ANDY profitable?
In financial year 2025, VERSTRAETE ANDY made a loss of €7,259.
Where can I find the annual accounts of VERSTRAETE ANDY?
VERSTRAETE ANDY filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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