TEN HUIZE VANDENDAELE

Active

Private limited companyfounded 201016 yrs activeNederholbeekstraat (ETKH) 190, 9680 Maarkedal, BelgiumKBO/BCE: BE 0823.903.053

TEN HUIZE VANDENDAELE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-4k) and a net result of €26k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2025

59 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability94▲+34

Solvency21▲+20

Growth78▲+46

Track record100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.28 against 0.13 in 2024; short-term debt: 79.7% and cash: 16.5% of total assets), and equity is negative.

How do we compute the score and the probability?

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

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

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-3.5%

Return on assets

20.6%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 27711 sector peers (2025).

NBB · sector comparison

Position among 27711 sector peers

Solvency

better than 9%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

28 d late

2024

21 d early

2023

29 d late

2022

61 d late

2021

115 d late

2020

92 d late

2018

68 d late

← before the deadline after the deadline →

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 months

Position in the running window

22-09-2026 today31-12-2026 close31-07-2027 deadline

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 2025, micro schema

Equity

€-4k▲ 85.4%

2024 · €-30k

2018: €-16k 2020: €-48k 2021: €-16k 2022: €-6k 2023: €-22k 2024: €-30k

2018 → 2025

Total assets

€126k▲ 0.5%

2024 · €126k

2018: €238k 2020: €206k 2021: €213k 2022: €223k 2023: €163k 2024: €126k

2018 → 2025

Net result

€26k

2024 · €-9k

2018: €4k 2020: €-21k 2021: €32k 2022: €10k 2023: €-16k 2024: €-9k

2018 → 2025

Working capital

€-72k▲ 31.9%

2024 · €-106k

2018: €-108k 2020: €-135k 2021: €-101k 2022: €-91k 2023: €-102k 2024: €-106k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-16k-€-6k▲ 64.5%€-22k▼ 284%€-30k▼ 40.7%€-4k▲ 85.4%

Operating result€34k-€11k▼ 66.9%€2k▼ 84.5%€-2k€27k

Net result€32k-€10k▼ 68.3%€-16k€-9k▲ 44.9%€26k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €27k after a loss of €2k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €126k

77.4%

22.6%

Fixed assets €98k▼ 10.5%

Current assets €29k▲ 73.5%

Key figures and ratios

2025 value · change against 2024

EBITDA

€38k▲

2024 · €10k

Cash flow

€38k▲

2024 · €3k

Solvency

-3.5%▲

2024 · -24.2%

Current ratio

0.28▲

2024 · 0.13

Quick ratio

0.28▲

2024 · 0.13

Debt / equity

-29.50▼

2024 · -5.13

ROA

20.6%▲

2024 · -7.0%

Interest coverage

48.44▲

2024 · 6.08

Debt

€131k▼

2024 · €156k

Debt ≤ 1 year

€101k▼

2024 · €122k

Debt > 1 year

€30k▼

2024 · €34k

Income taxes

€251▼

2024 · €5k

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€126k€126k▲

Fixed assets21/28€109k€98k▼

Tangible fixed assets22/27€109k€98k▼

Land and buildings22€98k€89k▼

Plant, machinery and equipment23€858€816▼

Furniture and vehicles24€11k€8k▼

Current assets29/58€16k€29k▲

Stocks and contracts in progress3€500€500=

Stocks30/36€500€500=

Amounts receivable within one year40/41€7k€6k▼

Trade receivables40€7k€6k▼

Cash at bank and in hand54/58€9k€21k▲

Deferred charges and accrued income490/1-€1k

Equity and liabilities

Total equity and liabilities10/49€126k€126k▲

Equity10/15€-30k€-4k▲

Contributions10/11€20k€20k=

Profit (loss) carried forward14€-50k€-24k▲

Amounts payable17/49€156k€131k▼

Amounts payable after more than one year17€34k€30k▼

Financial debts170/4€34k€30k▼

Amounts payable within one year42/48€122k€101k▼

Current portion of amounts payable after more than one year42€9k€9k=

Trade debts44€7k€2k▼

Suppliers440/4€7k€2k▼

Taxes, remuneration and social security45€15k€2k▼

Taxes450/3€2k€817▼

Remuneration and social security454/9€13k€2k▼

Other amounts payable47/48€92k€87k▼

Income statement Code20242025

Non-recurring operating income76A€10k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▼

Other operating charges640/8€2k€7k▲

Non-recurring operating charges66A€2k-

Gross operating margin9900€14k€46k▲

Operating profit (loss)9901€-2k€27k▲

Financial income75/76B€2€203▲

Recurring financial income75€2€203▲

Financial charges65/66B€2k€792▼

Recurring financial charges65€2k€792▼

Profit (loss) for the period before taxes9903€-3k€26k▲

Income taxes67/77€5k€251▼

Profit (loss) for the period9904€-9k€26k▲

Profit (loss) for the period to be appropriated9905€-9k€26k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-50k€-24k▲

Profit (loss) brought forward from the previous period14P€-42k€-50k▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 28 days late

2025

31-12

Financial Back to profitnet €26k

Net result €26k after 2 loss-making years.

10-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

30-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 61 days late

2022

23-11

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 115 days late

2021

31-12

Financial Back to profitnet €32k

Net result €32k after one loss-making year.

31-10

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 92 days late

2020

31-12

Financial Weakest financial yearnet €-21k ▼602%

Net result drops to €-21k, the lowest in the series; recovery starts the following year.

2019

07-10

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 68 days late

2018

31-10

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 92 days late

2017

30-09

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 61 days late

2016

31-10

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 92 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Maarkedal · 1 establishment unit since 2010

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.

Nederholbeekstraat (ETKH) 1909680 Maarkedal

Ground area

1,157 m²

Building footprint

191 m²

Volume, LiDAR

766 m³

Parcel 45011A0880/00L002, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

Ten Huize Vandendaele

Nederholbeekstraat (ETKH) 190, 9680 MaarkedalManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20102.186.511.048

1 parcel

Flanders 1 (100%)