VLAEMINCK ANDRE
ActiveVLAEMINCK ANDRE has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €856k and a net result of €192k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 66% of 670 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
98
/ 100
Excellent▼ -2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+16
Solvency97▼-1
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 2.21 in 2024), and 40.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.7%
Return on assets
13.4%
Age of the figures
8 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
22 d early
2023
14 d early
2022
20 d early
2021
76 d late
2020
82 d early
2019
95 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€192k▲ 29.8%
2024 · €148k
2018: €154k
2019: €61k
2020: €77k
2021: €56k
2022: €83k
2023: €66k
2024: €148k
2018 → 2025
Working capital
€267k▼ 8.0%
2024 · €290k
2018: €208k
2019: €132k
2020: €82k
2021: €112k
2022: €170k
2023: €153k
2024: €290k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€662k-€745k▲ 12.6%€731k▼ 1.9%€879k▲ 20.2%€856k▼ 2.6%
Operating result€89k-€109k▲ 22.7%€106k▼ 2.6%€210k▲ 97.7%€278k▲ 31.9%
Net result€56k-€83k▲ 48.8%€66k▼ 20.9%€148k▲ 125%€192k▲ 29.8%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 32% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.43M
Fixed assets
€888k▼ 10.8%
Current assets
€547k▲ 3.4%
Equity and liabilities €1.43M
Equity
€856k▼ 2.6%
Debt
€578k▼ 10.3%
The debt ratio falls from 42.3% to 40.3%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€388k▲
2024 · €323k
Cash flow
€303k▲
2024 · €260k
Solvency
59.7%▲
2024 · 57.7%
Current ratio
1.95▼
2024 · 2.21
Quick ratio
1.84▼
2024 · 2.07
Debt / equity
0.68▼
2024 · 0.73
ROE
22.4%▲
2024 · 16.8%
ROA
13.4%▲
2024 · 9.7%
Interest coverage
22.01▲
2024 · 20.43
Debt
€578k▼
2024 · €645k
Debt ≤ 1 year
€280k▲
2024 · €239k
Debt > 1 year
€298k▼
2024 · €406k
Income taxes
€72k▲
2024 · €49k
Staff costs
€325k▲
2024 · €299k
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€1.52M€1.43M▼
Fixed assets21/28€995k€888k▼
Tangible fixed assets22/27€995k€887k▼
Land and buildings22€413k€391k▼
Plant, machinery and equipment23€92k€75k▼
Furniture and vehicles24€11k€4k▼
Leasing and similar rights25€478k€417k▼
Financial fixed assets28€395€395=
Current assets29/58€528k€547k▲
Stocks and contracts in progress3€33k€31k▼
Stocks30/36€33k€31k▼
Amounts receivable within one year40/41€259k€214k▼
Trade receivables40€238k€197k▼
Other amounts receivable41€21k€17k▼
Cash at bank and in hand54/58€235k€292k▲
Deferred charges and accrued income490/1€2k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.52M€1.43M▼
Equity10/15€879k€856k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€687k€472k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€681k€466k▼
Profit (loss) carried forward14€130k€322k▲
Amounts payable17/49€645k€578k▼
Amounts payable after more than one year17€406k€298k▼
Financial debts170/4€406k€298k▼
Amounts payable within one year42/48€239k€280k▲
Current portion of amounts payable after more than one year42€106k€108k▲
Financial debts43€30k€30k▲
Credit institutions430/8€30k€30k▲
Trade debts44€25k€49k▲
Suppliers440/4€25k€49k▲
Taxes, remuneration and social security45€73k€93k▲
Taxes450/3€51k€70k▲
Remuneration and social security454/9€21k€23k▲
Other amounts payable47/48€4k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€299k€325k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€112k€111k▼
Other operating charges640/8€17k€19k▲
Gross operating margin9900€638k€732k▲
Operating profit (loss)9901€210k€278k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€16k€18k▲
Recurring financial charges65€16k€18k▲
Profit (loss) for the period before taxes9903€197k€264k▲
Income taxes67/77€49k€72k▲
Profit (loss) for the period9904€148k€192k▲
Profit (loss) for the period to be appropriated9905€148k€192k▲
Appropriation of the result
Profit (loss) to be appropriated9906€278k€322k▲
Profit (loss) brought forward from the previous period14P€130k€130k=
Transfer from equity791/2€0€215k▲
Transfer to equity691/2€148k€0▼
To other reserves6921€148k€0▼
Profit to be distributed694/7€0€215k▲
Return on contributions (dividend)694€0€215k▲
Social balance
Average headcount (FTE)90874.75.1▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €192k ▲29.8%
Operating result €278k, net result €192k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 76 days late
2021
31-12
Financial
Weakest financial yearnet €56k ▼27.8%
Net result drops to €56k, the lowest in the series; recovery starts the following year.
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 95 days late
2019
31-12
Financial
Equity above €500kEq €529k ▲13%
2 profitable years in a row build equity to €529k.
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 9 days late
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-07
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
no sitting director, no change since 2018
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-10-2018
Resigned as Director
01-10-2018
Resigned as Managing director
Location & real-estate footprint
Registered office, Beernem · 1 establishment unit since 1986
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.
Industriepark Noord 158730 BeernemGround area
6,798 m²
Building footprint
2,560 m²
Volume, LiDAR
10,943 m³
Parcel 31003D0060/00E000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VLAEMINCK ANDRE BVBA
since 19862.063.105.965
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003D0060/00E000 | Flanders | 6,798 m² | 1 · 2,560 m² | 6.6 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 4,750 EUR awarded · 4,750 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,871 EUR | 2,871 EUR |
| 2024 | 1 | 1,585 EUR | 1,585 EUR |
| 2022 | 1 | 294 EUR | 294 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Hechtel-Eksel · Eq €859k
ATELIER 26
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Mouscron · Eq €853k
VEMARO
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Estaimpuis · Eq €852k
Of 3,447 companies in sector 25530 we hold annual accounts for 1,644. 1,169 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-02-1986
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
25999Manufacture of fabricated metal products, except machinery and equipment
28520
28754
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.