DR. IR. U. VANDEURZEN MANAGEMENT FIRM
ActiveSummary
DR. IR. U. VANDEURZEN MANAGEMENT FIRM has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64.29M and a net result of €3.99M. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 94% of 925 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▼-1
Solvency100=
Growth69▲+4
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 18.52 against 17.14 in 2024; short-term debt: 2.8% and cash: 0.8% of total assets), and 3.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
96.9%
Return on assets
6%
Age of the figures
9 mo
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
44 d early
2023
5 d early
2022
3 d early
2021
31 d late
2020
31 d late
2019
74 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€360k▲ 30.6%
2024 · €276k
2020: €161k
2021: €192k
2022: €212k
2024: €276k
2020 → 2025
EBIT margin
-743.0%▲ 45.6pp
2024 · -788.7%
2020: -871.4%
2021: -953.2%
2022: -384.4%
2024: -788.7%
2020 → 2025
Net result
€3.99M▼ 17.3%
2024 · €4.83M
2018: €-2.80M
2019: €143k
2020: €664k
2021: €4.17M
2022: €1.51M
2024: €4.83M
2018 → 2025
Working capital
€32.84M▲ 9.9%
2024 · €29.90M
2018: €40.22M
2019: €39.93M
2020: €39.24M
2021: €44.07M
2022: €47.22M
2024: €29.90M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Turnover€161k-€192k▲ 18.7%€212k▲ 10.9%€276k▲ 29.8%€360k▲ 30.6%
Equity€80.73M-€84.90M▲ 5.2%€86.41M▲ 1.8%€61.95M▼ 28.3%€64.29M▲ 3.8%
Operating result€-1.41M-€-1.83M▼ 29.9%€-817k▲ 55.3%€-2.17M▼ 166%€-2.67M▼ 23.0%
Net result€664k-€4.17M▲ 528%€1.51M▼ 63.7%€4.83M▲ 219%€3.99M▼ 17.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2.67M in 2025 against €2.17M in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66.31M
Fixed assets
€31.59M ▼ 1.9%
Current assets
€34.72M ▲ 9.4%
Equity and liabilities €66.31M
Equity
€64.29M ▲ 3.8%
Debt
€2.02M ▲ 0.3%
Debt's share of the balance-sheet total falls from 3.2% to 3.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-1.48M▼
2024 · €-1.04M
Cash flow
€5.19M▼
2024 · €5.96M
Current ratio
18.52▲
2024 · 17.14
Debt to equity
0.03▼
2024 · 0.03
ROE
6.2%▼
2024 · 7.8%
ROA
6.0%▼
2024 · 7.5%
Interest coverage
-133.65▲
2024 · -205.20
Debt ≤ 1 year
€1.87M▲
2024 · €1.85M
Income taxes
€2k▲
2024 · €1k
Staff costs
€157k▼
2024 · €288k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 75 lines
Balance sheet
Code20242025
Assets
Total assets20/58€63.96M€66.31M▲
Fixed assets21/28€32.21M€31.59M▼
Tangible fixed assets22/27€22.52M€21.87M▼
Land and buildings22€17.15M€16.72M▼
Plant, machinery and equipment23€100k€91k▼
Furniture and vehicles24€4.83M€4.62M▼
Other tangible fixed assets26€438k€438k=
Financial fixed assets28€9.69M€9.72M▲
Affiliated companies280/1€9.69M€9.72M▲
Participating interests280€9.69M€9.72M▲
Current assets29/58€31.75M€34.72M▲
Amounts receivable after more than one year29€1.32M€1.35M▲
Other amounts receivable291€1.32M€1.35M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€7.50M€8.26M▲
Trade receivables40€1.39M€1.71M▲
Other amounts receivable41€6.11M€6.54M▲
Current investments50/53€21.87M€23.91M▲
Other investments51/53€21.87M€23.91M▲
Cash at bank and in hand54/58€498k€543k▲
Deferred charges and accrued income490/1€565k€661k▲
Equity and liabilities
Total equity and liabilities10/49€63.96M€66.31M▲
Equity10/15€61.95M€64.29M▲
Contributions10/11€1.66M€1.66M=
Capital10€1.66M€1.66M=
Issued capital100€1.66M€1.66M=
Reserves13€60.28M€62.63M▲
Non-distributable reserves130/1€166k€166k=
Legal reserve130€166k€166k=
Distributable reserves133€60.12M€62.46M▲
Amounts payable17/49€2.02M€2.02M▲
Amounts payable within one year42/48€1.85M€1.87M▲
Trade debts44€224k€179k▼
Suppliers440/4€224k€179k▼
Taxes, remuneration and social security45€102k€44k▼
Taxes450/3€34k€35k▲
Remuneration and social security454/9€68k€8k▼
Other amounts payable47/48€1.53M€1.65M▲
Accrued charges and deferred income492/3€165k€149k▼
Income statement
Code20242025
Operating income70/76A€1.97M€1.57M▼
Turnover70€276k€360k▲
Other operating income74€1.65M€1.21M▼
Non-recurring operating income76A€46k€0▼
Operating charges60/66A€4.15M€4.24M▲
Services and other goods61€2.70M€2.86M▲
Remuneration, social security and pensions62€288k€157k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.13M€1.19M▲
Other operating charges640/8€22k€34k▲
Non-recurring operating charges66A€0-
Operating profit (loss)9901€-2.17M€-2.67M▼
Financial income75/76B€7.35M€6.69M▼
Recurring financial income75€7.35M€6.69M▼
Income from financial fixed assets750€5.70M€6.46M▲
Income from current assets751€206k€136k▼
Other financial income752/9€1.45M€104k▼
Non-recurring financial income76B€0-
Financial charges65/66B€347k€25k▼
Recurring financial charges65€347k€25k▼
Debt charges650€5k€11k▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€26k€-26k▼
Other financial charges652/9€316k€40k▼
Profit (loss) for the period before taxes9903€4.83M€4.00M▼
Transfer from deferred taxes780€0-
Income taxes67/77€1k€2k▲
Taxes670/3€1k€2k▲
Tax adjustments and reversals of tax provisions77-€29
Profit (loss) for the period9904€4.83M€3.99M▼
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€4.83M€3.99M▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.83M€3.99M▼
Transfer to equity691/2€3.33M€2.34M▼
To other reserves6921€3.33M€2.34M▼
Profit to be distributed694/7€1.50M€1.65M▲
Return on contributions (dividend)694€1.50M€1.65M▲
Social balance
Average headcount (FTE)90874.02.1▼
The notes to these accounts (60 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
30-07
State Gazette act
Incorporation · Founder
Founding capital · Share issue
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
25-03
State Gazette act
Board meeting · Director appointment
Permanent representative · Mandate compensation
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €4.83M ▲219%
Net result €4.83M, the highest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
28-06
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
10-03
State Gazette act
General meeting · Director reappointment
Permanent representative · Mandate compensation
2022
21-11
State Gazette act
General meeting · Director reappointment
Permanent representative · Mandate compensation
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
07-01
State Gazette act
General meeting · Capital decrease
Capital · Corporate purpose · Marc SLEDSENS
Show earlier events
2021
31-12
Financial
Liquidity doublescurrent ratio 101.80
Current ratio from 48.57 to 101.80; short-term debt falls from €825k to €437k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
17-03
State Gazette act
Board meeting · Permanent representative
Director resignation · Director appointment
2020
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 74 days late
16-07
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2019
31-12
Financial
Back to profitnet €143k
Net result €143k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 90.21
Current ratio from 35.64 to 90.21; short-term debt falls from €1.16M to €448k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
02-06
State Gazette act
Incorporation · Founding capital
Bank account · Corporate purpose
22-05
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
26-04
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2016
21-04
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment · Alex De Wulf
2015
02-06
State Gazette act
General meeting · Capital increase
Capital · Director appointment
12-05
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
28-04
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2012
03-01
State Gazette act
Board meeting · Director resignation
Permanent representative · Director appointment
2011
09-08
State Gazette act
Board meeting · Director resignation
Permanent representative
23-05
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Lubbeek · 1 establishment unit since 2016
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.
Diestsesteenweg(LIN) 313210 LubbeekGround area
5.2 ha
Building footprint
642 m²
Volume, LiDAR
8,010 m³
Parcel 24063C0090/00C000, Flanders · tallest building 22.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Diestsesteenweg(LIN) 31, 3210 Lubbeek
since 20162.250.080.294
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24063C0090/00C000 | Flanders | 5.2 ha | 1 · 642 m² | 22.2 m · 5 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Connections & network
5 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Shared director
→
Shared director
→
Show 1 more companies with a shared director
Shared director
→
Ownership & control
5 board mandatesBoard mandates of this companythis company sits on their board5
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 101,827 EUR awarded · 25,798 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 16,379 EUR | 0 EUR |
| 2024 | 3 | 34,254 EUR | 25,798 EUR |
| 2023 | 1 | 25,778 EUR | 0 EUR |
| 2022 | 1 | 25,416 EUR | 0 EUR |
Schemes
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
Onderzoekspremie voor beschermde monumenten en landschappen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
967600V0LBTH5HZKA784
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Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 273 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-09-1988
Fiscal year end31-12
Abbreviation NL
V.M.F.
Activities, NACEBEL 2025
64210Activities of holding companies
82990Other business support services
77350Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.