Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for Van Hool according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2022 annual accounts show equity of €22.59M and a net result of €-18.49M.
Based on the State Gazette, CBE and 5 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
2 eventsSignals
Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | nothing on record | not filed | - |
| 31-12-2023 | 31-07-2024 | nothing on record | not filed | - |
| 31-12-2022 | 31-07-2023 | 13-07-2023 | 18 d early | 2023-00246897 |
| 31-12-2021 | 31-07-2022 | 07-07-2022 | 24 d early | 2022-20187543 |
| 31-12-2020 | 31-07-2021 | 02-07-2021 | 29 d early | 2021-32900446 |
| 31-12-2019 | 31-07-2020 | 08-07-2020 | 23 d early | 2020-29800504 |
| 31-12-2018 | 31-07-2019 | 27-06-2019 | 34 d early | 2019-28100282 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Financials
Annual accounts & ratios
Source: NBB · 2022| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 5.0% | 26.8% | |
| Net result | €-18.49M | €10k | |
| Equity | €22.59M | €102k | |
| Total assets | €450.83M | €799k |
| Fiscal year | 2022 |
|---|---|
| Deposit | volledig |
| Revenue | €490.62M |
| EBITDA | €-4.30M |
| Net profit | €-18.49M |
| Cash flow | €-7.70M |
| Staff costs | €128.71M |
| Income taxes | €-460k |
| Dividends | - |
| Total assets | €450.83M |
| Equity | €22.59M |
| Debt | €413.79M |
| of which ≤ 1y | €274.29M |
| of which > 1y | €131.93M |
| Working capital | €95.89M |
| Employees (FTE) | 2535.8 |
| 2022 | |
|---|---|
| Current ratio | 1.35 |
| Quick ratio | 0.79 |
| Working capital ratio | 21.3% |
| Solvency | 5.0% |
| Debt / equity | 18.32 |
| Long-term debt ratio | 5.84 |
| Interest coverage | -0.55 |
| Gross margin | 26.1% |
| Net margin | -3.8% |
| ROA | -4.1% |
| ROE | -81.8% |
| EBITDA margin | -0.9% |
| Days sales outstanding | 61d |
| Days payable outstanding | 114d |
| Inventory turnover | 2.34 |
| Days inventory (DSI) | 156d |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €450.83M |
| Fixed assets | 21/28 | €78.22M |
| Formation expenses | 20 | €2.43M |
| Intangible fixed assets | 21 | €32.09M |
| Tangible fixed assets | 22/27 | €18.23M |
| Financial fixed assets | 28 | €27.91M |
| Current assets | 29/58 | €370.18M |
| Stocks & contracts in progress | 3 | €154.84M |
| Amounts receivable within one year | 40/41 | €165.20M |
| Cash & bank | 54/58 | €4.51M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €450.83M |
| Equity | 10/15 | €22.59M |
| Contributions / capital | 10/11 | €25.00M |
| Reserves | 13 | €117.15M |
| Accumulated profits (losses) | 14 | €-124.58M |
| Provisions & deferred taxes | 16 | €14.45M |
| Amounts payable | 17/49 | €413.79M |
| Amounts payable after one year | 17 | €131.93M |
| Amounts payable within one year | 42/48 | €274.29M |
| Trade debts payable within one year | 44 | €113.46M |
| Income statement | ||
| Turnover | 70 | €490.62M |
| Operating result | 9901 | €-15.09M |
| Financial income | 75 | €7.96M |
| Financial charges | 65 | €11.81M |
| Result before taxes | 9903 | €-18.95M |
| Income taxes | 67/77 | €-460k |
| Net result for the period | 9904 | €-18.49M |
| Result to be appropriated | 9905 | €-18.49M |
Health barometer
FY 2022 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Directors
Directors & mandates
20 directors-
FiVH Management BVLegal entityDirectorState Gazette act 23096078 (27-07-2023)Current27-07-2023 → present
-
Manax BVLegal entityDirectorState Gazette act 23096078 (27-07-2023)Current27-07-2023 → present
-
Peter RamautDirectorState Gazette act 22080352 (06-07-2022)Current06-07-2022 → present
-
Clement De MeersmanDirectorState Gazette act 22080352 (06-07-2022)Current14-11-2018 → present
2 events
- 06-07-2022 Appointed· Director
- 14-11-2018 Appointed· Director
-
Jan Van HoolDirectorState Gazette act 23096078 (27-07-2023)Current06-07-2017 → present
2 events
- 27-07-2023 Appointed· Director
- 06-07-2017 Appointed· Director
-
Frank Van HoolDirectorState Gazette act 23096078 (27-07-2023)Current08-06-2015 → present
3 events
- 27-07-2023 Appointed· Director
- 06-07-2017 Appointed· Director
- 08-06-2015 Appointed· Director
Historic, not recently confirmed (8)
-
Bee Capital BVBALegal entityDirectorState Gazette act 19086827 (01-07-2019)Not recently confirmedlast confirmed in an act from 2019
2 events
- 01-07-2019 Appointed· Director
- 27-05-2019 Appointed· Director
-
Clement De Meersman BVBALegal entityDirectorState Gazette act 19086827 (01-07-2019)Not recently confirmedlast confirmed in an act from 2019
-
EENBEEK BVBALegal entityDirectorState Gazette act 18165326 (14-11-2018)Not recently confirmedlast confirmed in an act from 2018
-
PETER RAMAUT BVBALegal entityDirectorState Gazette act 18165326 (14-11-2018)Not recently confirmedlast confirmed in an act from 2018
-
Manax BVBALegal entityDirectorState Gazette act 18100488 (28-06-2018)Not recently confirmedlast confirmed in an act from 2018
-
FIVH Management BVBALegal entityDirectorState Gazette act 17096667 (06-07-2017)Not recently confirmedlast confirmed in an act from 2017
2 events
- 06-07-2017 Appointed· Director
- 24-05-2017 Appointed· Gedelegeerd bestuurder (ceo)
-
Jan B. Van HoolDirectorState Gazette act 15080560 (08-06-2015)Not recently confirmedlast confirmed in an act from 2015
-
Leopold L. Van HoolDirectorState Gazette act 15080560 (08-06-2015)Not recently confirmedlast confirmed in an act from 2015
Permanent representatives (1)
-
Daniel WuytsVaste vertegenwoordigerState Gazette act 16116190 (17-08-2016)Permanent representative17-08-2016 → present
Former directors (6)
-
Werner KrottDirectorState Gazette act 22080352 (06-07-2022)Former06-07-2022 → 01-06-2023
2 events
- 01-06-2023 Resigned· Director
- 06-07-2022 Appointed· Director
-
Ben Van HoolDirectorState Gazette act 17096667 (06-07-2017)Former06-07-2017 → 13-01-2021
2 events
- 13-01-2021 Resigned· Director
- 06-07-2017 Appointed· Director
-
Zeydon NVLegal entityDirectorState Gazette act 17096667 (06-07-2017)Former08-06-2015 → 01-07-2019
4 events
- 01-07-2019 Resigned· Director
- 27-05-2019 Resigned· Director
- 06-07-2017 Appointed· Director
- 08-06-2015 Appointed· Director
-
Christian LuytenDirectorState Gazette act 17159351 (13-11-2017)Former13-11-2017 → 28-06-2018
2 events
- 28-06-2018 Resigned· Director
- 13-11-2017 Appointed· Director
-
Leopold Van HoolDirectorState Gazette act 17096667 (06-07-2017)Former06-07-2017 → 13-11-2017
2 events
- 13-11-2017 Resigned· Director
- 06-07-2017 Appointed· Director
-
Filip Van HoolGedelegeerd bestuurder (ceo)State Gazette act 17002292 (04-01-2017)Former04-01-2017 → 06-07-2017
3 events
- 06-07-2017 Resigned· Director
- 24-05-2017 Resigned· Gedelegeerd bestuurder (ceo)
- 04-01-2017 Appointed· Gedelegeerd bestuurder (ceo)
Statutory auditor
3 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Daniel WuytsCurrent Statutory auditor |
- | 06-07-2022 → present |
| Enst & Young Bedrijfsrevisoren Statutory auditor succeeded by Daniel Wuyts in 2022 |
- | 01-07-2019 → 06-07-2022 |
| Ernst & Young Bedrijfsrevisoren Statutory auditor succeeded by Enst & Young Bedrijfsrevisoren in 2019 |
- | 17-08-2016 → 01-07-2019 |
Insolvency mandates
4 mandates| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | KRIS VAN DEN BERGHEN FREDERIK DE MERODE-
STRAAT 94-96, 2800 MECHELEN |
08-04-2024 → present | Belgian State Gazette |
| Curator | JEROEN PINOY CELLEBROEDERSSTRAAT 13, 2800 MECHELEN- |
08-04-2024 → present | Belgian State Gazette |
| Curator | ELKE VAN WEERDT TEMSESTEENWEG 2,
2880 BORNEM |
08-04-2024 → present | Belgian State Gazette |
| Curator | PHILIPPE VAN
DER HEYDEN NEETWEG 24, 2220 HEIST-OP-DEN-BERG- |
08-04-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Vervaardiging van motorvoertuigen(29100) |
| Legal form | Public limited company(014) |
| Incorporation | 26-08-1954 |
| Status | Active |
| Postal code | 2500 |
| First BS signal | 22-03-2024 |
| Latest BS signal | 12-04-2024 |
Structure & network
Company structure: linked entities
4 linked entitiesLocations & real estate
Establishment units
2 locationsReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12019B0438/00E004 | Flanders | 17.8 ha | 1 · 10.7 ha | 20.7 m · 3 fl. |
| 12019B0185/00R004 | Flanders | 10.3 ha | 1 · 815 m² | 9.8 m · 2 fl. |
Publications
Lifecycle & Insolvency Signals
2 events from the State GazetteTime machine: BS events + macro context
2021-2026Belgisch Staatsblad · acts
20 acts27-07-2023 4 directors appointed
- Frank Van Hool, Bestuurder
- FiVH Management BV, Bestuurder
- Jan Van Hool, Bestuurder
- Manax BV, Bestuurder
01-06-2023 Werner Krott resigns as director
06-07-2022 4 directors appointed
- Clement De Meersman, Bestuurder
- Werner Krott, Bestuurder
- Peter Ramaut, Bestuurder
- Daniel Wuyts, Commissaris
18-03-2021 Articles of association amended
13-01-2021 Ben Van Hool resigns as director
01-07-2019 3 directors appointed, 1 resigning
- Clement De Meersman BVBA, Bestuurder
- Bee Capital BVBA, Bestuurder
- Enst & Young Bedrijfsrevisoren, Commissaris
- Zeydon NV, Bestuurder
27-05-2019 1 director appointed, 1 resigning
04-01-2019 Articles of association amended
14-11-2018 3 directors appointed
- Clement De Meersman, Bestuurder
- EENBEEK BVBA, Bestuurder
- PETER RAMAUT BVBA, Bestuurder
28-06-2018 1 director appointed, 1 resigning
13-11-2017 1 director appointed, 1 resigning
06-07-2017 6 directors appointed, 1 resigning
- FIVH Management BVBA, Bestuurder
- Jan Van Hool, Bestuurder
- Frank Van Hool, Bestuurder
- Leopold Van Hool, Bestuurder
- Zeydon NV, Bestuurder
- Ben Van Hool, Bestuurder
- Filip Van Hool, Bestuurder
24-05-2017 1 director appointed, 1 resigning
- FiVH Management BVBA, Gedelegeerd bestuurder (ceo)
- Filip Van Hool, Gedelegeerd bestuurder (ceo)
04-01-2017 Publication in the Belgian Official Gazette, Miscellaneous
04-01-2017 Filip Van Hool appointed as gedelegeerd bestuurder (ceo)
17-08-2016 2 directors appointed
- Ernst & Young Bedrijfsrevisoren, Commissaris
- Daniel Wuyts, Vaste vertegenwoordiger
15-10-2015 Transaction in capital or shares
02-07-2015 Transaction in capital or shares
02-07-2015 Publication in the Belgian Official Gazette, Miscellaneous
08-06-2015 4 directors appointed
- Frank Van Hool, Bestuurder
- Zeydon NV, Bestuurder
- Jan B. Van Hool, Bestuurder
- Leopold L. Van Hool, Bestuurder
Analysis
Snowflake analysis
financial profile on 5 axesFragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
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