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VAN dER PLAETSEN CONSTRUCT

Active
Private limited companyfounded 200322 yrs activeHendekenstraat 1, 9960 Assenede, BelgiumKBO/BCE: BE 0862.157.774

VAN dER PLAETSEN CONSTRUCT has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.27M and a net result of €932k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 58% of 1220 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
77 / 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
Profitability83=
Solvency78▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320k at 30 days acceptable
Liquidity ample (current ratio 3.91 against 3.1 in 2023; short-term debt: 23.6% and cash: 14.5% of total assets), and 47.1% 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 riskneutral
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 · 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 22 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
52.9%
Return on assets
11.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
20 d early
2023
65 d early
2022
34 d early
2021
18 d early
2020
30 d early
2019
44 d early
← before the deadline after the 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 2024, abbreviated schema

Equity
€4.27M▼ 20.0%
2023 · €5.33M
2018: €2.38M 2019: €2.39M 2020: €2.07M 2021: €2.70M 2022: €3.81M 2023: €5.33M
2018 → 2024
Total assets
€8.07M▼ 16.4%
2023 · €9.65M
2018: €4.57M 2019: €5.77M 2020: €5.70M 2021: €6.06M 2022: €8.00M 2023: €9.65M
2018 → 2024
Net result
€932k▼ 12.6%
2023 · €1.07M
2018: €1.14M 2019: €759k 2020: €675k 2021: €635k 2022: €1.11M 2023: €1.07M
2018 → 2024
Working capital
€5.54M▼ 7.7%
2023 · €6.00M
2018: €2.77M 2019: €2.56M 2020: €2.20M 2021: €2.48M 2022: €4.15M 2023: €6.00M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€2.07M-€2.70M▲ 30.7%€3.81M▲ 41.0%€5.33M▲ 39.9%€4.27M▼ 20.0%
Operating result€985k-€981k▼ 0.4%€1.54M▲ 57.1%€1.46M▼ 5.1%€1.29M▼ 12.1%
Net result€675k-€635k▼ 5.9%€1.11M▲ 74.4%€1.07M▼ 3.8%€932k▼ 12.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€500k€1.00M€1.50MOperating result 2020: €985k€985kNet result 2020: €675k€675kOperating result 2021: €981k€981kNet result 2021: €635k€635kOperating result 2022: €1.54M€1.54MNet result 2022: €1.11M€1.11MOperating result 2023: €1.46M€1.46MNet result 2023: €1.07M€1.07MOperating result 2024: €1.29M€1.29MNet result 2024: €932k€932k20202021202220232024
The operating result has fallen two years in a row; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.07M
Fixed assets €622k▼ 21.7%
Current assets €7.45M▼ 15.9%
Equity and liabilities €8.07M
Equity €4.27M▼ 20.0%
Debt €3.80M▼ 11.9%
The debt ratio rises from 44.7% to 47.1%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€1.56M
2023 · €1.77M
Cash flow
€1.21M
2023 · €1.37M
Solvency
52.9%
2023 · 55.3%
Current ratio
3.91
2023 · 3.10
Quick ratio
3.81
2023 · 3.04
Debt / equity
0.89
2023 · 0.81
ROE
21.8%
2023 · 20.0%
ROA
11.5%
2023 · 11.0%
Interest coverage
21.82
2023 · 43.33
Debt
€3.80M
2023 · €4.32M
Debt ≤ 1 year
€1.91M
2023 · €2.86M
Debt > 1 year
€1.90M
2023 · €1.46M
Income taxes
€327k
2023 · €391k
Staff costs
€2.13M
2023 · €2.02M
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€9.65M€8.07M
Fixed assets21/28€794k€622k
Tangible fixed assets22/27€794k€622k
Land and buildings22€7k€6k
Plant, machinery and equipment23€531k€430k
Furniture and vehicles24€256k€149k
Leasing and similar rights25-€36k
Other tangible fixed assets26€451€378
Financial fixed assets28€112€112=
Current assets29/58€8.86M€7.45M
Stocks and contracts in progress3€167k€180k
Stocks30/36€167k€180k
Amounts receivable within one year40/41€5.22M€3.75M
Trade receivables40€4.39M€3.02M
Other amounts receivable41€834k€725k
Cash at bank and in hand54/58€490k€1.17M
Deferred charges and accrued income490/1€2.98M€2.35M
Equity and liabilities
Total equity and liabilities10/49€9.65M€8.07M
Equity10/15€5.33M€4.27M
Contributions10/11€255k€255k=
Reserves13€5.08M€4.01M
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Tax-exempt reserves132€10k€10k=
Distributable reserves133€5.06M€3.99M
Profit (loss) carried forward14-€0
Amounts payable17/49€4.32M€3.80M
Amounts payable after more than one year17€1.46M€1.90M
Financial debts170/4€1.46M€1.90M
Amounts payable within one year42/48€2.86M€1.91M
Current portion of amounts payable after more than one year42€539k€650k
Trade debts44€2.15M€1.08M
Suppliers440/4€2.15M€1.08M
Taxes, remuneration and social security45€166k€179k
Taxes450/3€178€0
Remuneration and social security454/9€166k€179k
Income statement Code20232024
Remuneration, social security and pensions62€2.02M€2.13M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€308k€278k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-2k€0
Other operating charges640/8€6k€11k
Non-recurring operating charges66A€-4k€0
Gross operating margin9900€3.79M€3.70M
Operating profit (loss)9901€1.46M€1.29M
Financial income75/76B€35k€45k
Recurring financial income75€35k€45k
Financial charges65/66B€41k€72k
Recurring financial charges65€41k€72k
Profit (loss) for the period before taxes9903€1.46M€1.26M
Income taxes67/77€391k€327k
Profit (loss) for the period9904€1.07M€932k
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€1.07M€932k
Appropriation of the result
Profit (loss) to be appropriated9906€1.07M€932k
Transfer from equity791/2-€2.00M
Transfer to equity691/2€1.07M€932k
To other reserves6921€1.07M€932k
Profit to be distributed694/7-€2.00M
Return on contributions (dividend)694-€2.00M
Social balance
Average headcount (FTE)908728.332.1

The notes to these accounts (17 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

2025
11-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Equity above €5MEq €5.33M ▲39.9%
6 profitable years in a row build equity to €5.33M.
27-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Weakest financial yearnet €635k ▼5.9%
Net result drops to €635k, the lowest in the series; recovery starts the following year.
31-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-03
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
17-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
29-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB 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, Assenede · 1 establishment unit since 2003
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.

Hendekenstraat 19960 Assenede
Ground area
898 m²
Building footprint
159 m²
Volume, LiDAR
664 m³
Parcel 43002E1840/00C000, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Van der Plaetsen Construct
Hendekenstraat 1 a, 9960 AssenedeManufacture of machinery and equipment not elsewhere classified
since 20032.134.692.163
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43002E1840/00C000 Flanders 898 m² 1 · 159 m² 7.1 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

2022 to 2025 · 4 entries · 3,600 EUR awarded · 3,225 EUR paid
Year Entries awardedpaid
2025 1 940 EUR672 EUR
2024 1 1,172 EUR999 EUR
2023 1 319 EUR385 EUR
2022 1 1,169 EUR1,169 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 3,600 EUR · 3,225 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

5 categories
VAN dER PLAETSEN CONSTRUCT BV31317
category F, class 1 · category F1, class 1 · category F2, class 1 · category P1, class 1 · category P2, class 1
decision 30-06-2025

Dual-learning approval

3 live approvals
Lassen-constructie duaal (so)
Goedgekeurd · 2025 to 2030
Lasser-monteerder (vwo)
Goedgekeurd · 2025 to 2030
Lasser-monteerder duaal (so)
Goedgekeurd · 2025 to 2030

Similar companies · same sector, comparable size

Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 709 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-12-2003
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
25530Machining of metals
25639Manufacture of fabricated metal products, except machinery and equipment
28300Manufacture of machinery and equipment not elsewhere classified
28520
28620
29321
29322
33120Repair and maintenance of machinery
43342Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

3 entries
Establishment Assenede 2.134.692.163
E-mail:info@vanderplaetsenconstruct.be
Establishment Assenede 2.134.692.163
Phone:09/348.10.18
Establishment Assenede 2.134.692.163