Van den Heuvel-Wallaeys
ActiveSummary
Van den Heuvel-Wallaeys has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.96M and a net result of €88k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 94% of 9038 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability24▼-15
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 9.89 against 10.24 in 2023; short-term debt: 8.1% and cash: 34.8% of total assets), and 8.1% 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+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 46
Relative position
BE, all sectors
reference
Sector 46
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 2024Solvency, return and age of the figures
Solvency
91.9%
Return on assets
4.1%
Age of the figures
22 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 27-06-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
11 d early
2022
on the day
2021
63 d early
2020
50 d early
2019
61 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.96M▼ 12.1%
2023 · €2.23M
2018: €1.85M
2019: €1.91M
2020: €2.10M
2021: €2.10M
2022: €2.20M
2023: €2.23M
2018 → 2024
Total assets
€2.14M▼ 12.1%
2023 · €2.43M
2018: €1.97M
2019: €2.00M
2020: €2.28M
2021: €2.24M
2022: €2.39M
2023: €2.43M
2018 → 2024
Net result
€88k▲ 230%
2023 · €27k
2018: €98k
2019: €61k
2020: €35k
2021: €397
2022: €99k
2023: €27k
2018 → 2024
Working capital
€1.54M▼ 14.3%
2023 · €1.80M
2018: €1.71M
2019: €1.79M
2020: €1.70M
2021: €1.71M
2022: €1.77M
2023: €1.80M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.10M-€2.10M=€2.20M▲ 4.7%€2.23M▲ 1.2%€1.96M▼ 12.1%
Operating result€29k-€-14k€104k€9k▼ 91.7%€-25k
Net result€35k-€397▼ 98.9%€99k▲ 24,925%€27k▼ 73.2%€88k▲ 230%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €25k after €9k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.14M
Fixed assets
€421k ▼ 3.3%
Current assets
€1.71M ▼ 14.0%
Equity and liabilities €2.14M
Equity
€1.96M ▼ 12.1%
Debt
€173k ▼ 12.1%
Debt's share of the balance-sheet total stays at 8.1%.
Key figures and ratios
EBITDA
€-11k▼
2023 · €23k
Cash flow
€102k▲
2023 · €41k
Current ratio
9.89▼
2023 · 10.24
Quick ratio
8.36▼
2023 · 9.03
Debt to equity
0.09=
2023 · 0.09
ROE
4.5%▲
2023 · 1.2%
ROA
4.1%▲
2023 · 1.1%
Interest coverage
-0.82▼
2023 · 2.25
Debt ≤ 1 year
€173k▼
2023 · €195k
Income taxes
€39k▲
2023 · €14k
Staff costs
€179k▲
2023 · €152k
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 · 2024 against 2023 · 60 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.43M€2.14M▼
Fixed assets21/28€436k€421k▼
Intangible fixed assets21€11k€7k▼
Tangible fixed assets22/27€424k€413k▼
Land and buildings22€413k€405k▼
Plant, machinery and equipment23€190€70▼
Furniture and vehicles24€11k€7k▼
Financial fixed assets28€1k€1k=
Current assets29/58€1.99M€1.71M▼
Stocks and contracts in progress3€235k€265k▲
Stocks30/36€235k€265k▲
Amounts receivable within one year40/41€176k€141k▼
Trade receivables40€152k€138k▼
Other amounts receivable41€24k€3k▼
Current investments50/53€620k€561k▼
Cash at bank and in hand54/58€959k€744k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€2.43M€2.14M▼
Equity10/15€2.23M€1.96M▼
Contributions10/11€1.37M€1.37M=
Capital10€1.37M€1.37M=
Issued capital100€1.37M€1.37M=
Reserves13€864k€595k▼
Non-distributable reserves130/1€118k€118k=
Legal reserve130€118k€118k=
Tax-exempt reserves132€14k€14k=
Distributable reserves133€732k€462k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€197k€173k▼
Amounts payable within one year42/48€195k€173k▼
Trade debts44€97k€71k▼
Suppliers440/4€97k€71k▼
Advances received on contracts in progress46€3k€3k=
Taxes, remuneration and social security45€39k€37k▼
Taxes450/3€8k€17k▲
Remuneration and social security454/9€31k€20k▼
Other amounts payable47/48€56k€62k▲
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€152k€179k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Other operating charges640/8€27k€8k▼
Gross operating margin9900€202k€176k▼
Operating profit (loss)9901€9k€-25k▼
Financial income75/76B€42k€165k▲
Recurring financial income75€42k€165k▲
Financial charges65/66B€10k€13k▲
Recurring financial charges65€10k€13k▲
Profit (loss) for the period before taxes9903€41k€127k▲
Income taxes67/77€14k€39k▲
Profit (loss) for the period9904€27k€88k▲
Profit (loss) for the period to be appropriated9905€27k€88k▲
Appropriation of the result
Profit (loss) to be appropriated9906€150k€88k▼
Profit (loss) brought forward from the previous period14P€124k€0▼
Transfer from equity791/2-€357k
Transfer to equity691/2€150k€88k▼
To the legal reserve6920€1k€0▼
To other reserves6921€149k€88k▼
Profit to be distributed694/7-€357k
Return on contributions (dividend)694-€357k
Social balance
Average headcount (FTE)90873.23.7▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-11
Financial
Highest result since 2018net €99k ▲24925%
Net result €99k, the highest in the series.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-11
Financial
Weakest financial yearnet €397 ▼98.9%
Net result drops to €397, the lowest in the series; recovery starts the following year.
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-11
Financial
Equity above €2MEq €2.10M ▲10.1%
3 profitable years in a row build equity to €2.10M.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Roeselare · 1 establishment unit since 1971
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.
Mandellaan 918800 RoeselareGround area
1,032 m²
Building footprint
792 m²
Volume, LiDAR
3,594 m³
Parcel 36015A1055/00L000, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Mandellaan 91, 8800 Roeselare
since 19712.005.469.060
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A1055/00L000 | Flanders | 1,032 m² | 1 · 792 m² | 8.3 m · 1 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
2023 · 1 entry · 1,500 EUR awarded · 1,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,500 EUR | 1,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
875500IW1WVYK0ADBE48
Similar companies · same sector, comparable size
Etablissements INTERCO
BE 0452.326.341
Péruwelz · Eq €1.95M
UZIN UTZ BELGIË - UZIN UTZ BELGIQUE
BE 0414.009.757
Gent · Eq €1.94M
BX. TRADE
BE 0436.218.502
Nazareth · Eq €1.91M
AU BLEU SARRAU
BE 0430.091.169
Quaregnon · Eq €1.90M
van Uffelen
BE 0426.727.645
Kontich · Eq €2.06M
Of 687 companies in sector 46412 we hold annual accounts for 517. 263 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
Founded18-12-1970
Fiscal year end30-11
Activities, NACEBEL 2025
46412Wholesale of household textiles and bedding
47512Retail sale of household textiles and bedding
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesWebsite:www.exclusivcreation.be
E-mail:info@exclusivcreation.be
E-mail:info@vandenheuvel-wallaeys.be