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Wouter Vlaeminck

Active
Private limited companyfounded 201312 yrs activeHemelstraat 14, 8930 Menen, BelgiumKBO/BCE: BE 0538.972.877

Wouter Vlaeminck has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €211k and a net result of €89k. Equity is growing by ~20.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2026
66 / 100
Healthy▼ -28 vs 2025
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability100=
Solvency55▼-36
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.97 against 2.16 in 2025), and 64.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
35.3%
Return on assets
14.9%
Age of the figures
6 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 29
Relative position
BE, all sectors
reference
Sector 29
lower
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 03-08-2026, 89 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
89 d early
2025
32 d early
2024
3 d early
2023
26 d early
2022
21 d early
2021
41 d early
2020
40 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2026, micro schema

Equity
€211k▼ 12.8%
2025 · €242k
2019: €28k 2020: €35k 2021: €83k 2022: €139k 2023: €141k 2024: €160k 2025: €242k
2019 → 2026
Total assets
€598k▲ 13.1%
2025 · €529k
2019: €213k 2020: €192k 2021: €276k 2022: €318k 2023: €409k 2024: €463k 2025: €529k
2019 → 2026
Net result
€89k▲ 0.6%
2025 · €89k
2019: €-1k 2020: €7k 2021: €48k 2022: €56k 2023: €64k 2024: €87k 2025: €89k
2019 → 2026
Working capital
€-8k
2025 · €181k
2019: €-6k 2020: €2k 2021: €40k 2022: €98k 2023: €76k 2024: €95k 2025: €181k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20222023202420252026Trend
Equity€139k-€141k▲ 1.9%€160k▲ 13.6%€242k▲ 50.8%€211k▼ 12.8%
Operating result€80k-€96k▲ 20.9%€122k▲ 27.2%€128k▲ 4.6%€138k▲ 7.7%
Net result€56k-€64k▲ 14.7%€87k▲ 35.7%€89k▲ 1.5%€89k▲ 0.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2022: €80k€80kNet result 2022: €56k€56kOperating result 2023: €96k€96kNet result 2023: €64k€64kOperating result 2024: €122k€122kNet result 2024: €87k€87kOperating result 2025: €128k€128kNet result 2025: €89k€89kOperating result 2026: €138k€138kNet result 2026: €89k€89k20222023202420252026
The operating result has risen four years in a row; 2026 is 8% above 2025 and is the highest year so far.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €598k
Fixed assets €332k▲ 73.0%
Current assets €266k▼ 21.0%
Equity and liabilities €598k
Equity €211k▼ 12.8%
Debt €387k▲ 35.0%
The debt ratio rises from 54.2% to 64.7%: debt grows while equity shrinks.
Key figures and ratios
2026 value · change against 2025
EBITDA
€164k
2025 · €159k
Cash flow
€115k
2025 · €119k
Solvency
35.3%
2025 · 45.8%
Current ratio
0.97
2025 · 2.16
Quick ratio
0.97
2025 · 2.16
Debt / equity
1.83
2025 · 1.19
ROE
42.2%
2025 · 36.6%
ROA
14.9%
2025 · 16.7%
Interest coverage
17.18
2025 · 14.89
Debt
€387k
2025 · €287k
Debt ≤ 1 year
€275k
2025 · €156k
Debt > 1 year
€104k
2025 · €122k
Income taxes
€43k
2025 · €32k
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 · 2026 against 2025
Balance sheet Code20252026
Assets
Total assets20/58€529k€598k
Fixed assets21/28€192k€332k
Tangible fixed assets22/27€75k€65k
Land and buildings22€22k€24k
Plant, machinery and equipment23€13k€13k
Furniture and vehicles24€41k€28k
Financial fixed assets28€117k€267k
Current assets29/58€337k€266k
Amounts receivable within one year40/41€39k€18k
Trade receivables40€17k€18k
Other amounts receivable41€22k€309
Current investments50/53€0€150k
Cash at bank and in hand54/58€295k€94k
Deferred charges and accrued income490/1€3k€4k
Equity and liabilities
Total equity and liabilities10/49€529k€598k
Equity10/15€242k€211k
Contributions10/11€19k€19k=
Reserves13€223k€192k
Distributable reserves133€223k€192k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€287k€387k
Amounts payable after more than one year17€122k€104k
Financial debts170/4€122k€104k
Amounts payable within one year42/48€156k€275k
Current portion of amounts payable after more than one year42€21k€18k
Trade debts44€696€6k
Suppliers440/4€696€6k
Taxes, remuneration and social security45€11k€16k
Taxes450/3€9k€14k
Remuneration and social security454/9€2k€2k
Other amounts payable47/48€123k€235k
Accrued charges and deferred income492/3€9k€8k
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€26k
Other operating charges640/8€2k€2k
Non-recurring operating charges66A€0-
Gross operating margin9900€161k€166k
Operating profit (loss)9901€128k€138k
Financial income75/76B€3k€3k
Recurring financial income75€3k€3k
Financial charges65/66B€11k€10k
Recurring financial charges65€11k€10k
Profit (loss) for the period before taxes9903€120k€132k
Income taxes67/77€32k€43k
Profit (loss) for the period9904€89k€89k
Profit (loss) for the period to be appropriated9905€89k€89k
Appropriation of the result
Profit (loss) to be appropriated9906€89k€89k
Transfer from equity791/2€7k€120k
Transfer to equity691/2€89k€89k
To other reserves6921€89k€89k
Profit to be distributed694/7€7k€120k
Return on contributions (dividend)694€7k€120k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-10-2027
2026
03-08
NBB filing Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial Highest result since 2019net €89k ▲0.6%
Operating result €138k, net result €89k, both a record.
2025
29-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Equity above €200kEq €242k ▲50.8%
6 profitable years in a row build equity to €242k.
2024
28-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Equity above €150kEq €160k ▲13.6%
5 profitable years in a row build equity to €160k.
2023
05-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
10-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial Equity above €100kEq €139k ▲67.9%
3 profitable years in a row build equity to €139k.
2021
20-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
21-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial Back to profitnet €7k
Net result €7k after one loss-making year.
2019
23-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
24-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
29-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Menen · 1 establishment unit since 2013
establishment The establishment unit on the map
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.

Hemelstraat 148930 Menen
Ground area
681 m²
Building footprint
181 m²
Volume, LiDAR
1,004 m³
Parcel 34032B0283/00N000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wouter Vlaeminck
Hemelstraat 14, 8930 MenenManufacture of motor vehicles, trailers and semi-trailers
since 20132.222.765.589
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34032B0283/00N000 Flanders 681 m² 1 · 181 m² 9.0 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.

Similar companies · same sector, comparable size

Of 248 companies in sector 29201 we hold annual accounts for 120. 91 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-09-2013
Fiscal year end31-03
Activities, NACEBEL
29201Manufacture of motor vehicles, trailers and semi-trailers
33120Repair and maintenance of machinery
95319Other maintenance and repair of motor vehicles
46190Agents in non-specialised wholesale trade
52210Service activities incidental to land transportation
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.