VAN HOORDE
ActiveVAN HOORDE has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107k and a net result of €-20k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 44% of 7238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency69▼-19
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.66 in 2024), and 62.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2025Solvency, return and age of the figures
Solvency
37.8%
Return on assets
-7%
Age of the figures
8 mo
neutral · 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 filingsDeviation from the deadline
2025
28 d late
2024
26 d late
2023
29 d late
2022
30 d late
2021
3 d late
2020
31 d late
2019
1 d early
← before the deadline
after the deadline →
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
10-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€107k▼ 16.7%
2024 · €128k
2018: €66k
2019: €77k
2020: €82k
2021: €81k
2022: €128k
2023: €103k
2024: €128k
2018 → 2025
Total assets
€282k▲ 12.7%
2024 · €251k
2018: €296k
2019: €263k
2020: €273k
2021: €283k
2022: €364k
2023: €279k
2024: €251k
2018 → 2025
Net result
€-20k
2024 · €27k
2018: €-23k
2019: €12k
2020: €7k
2021: €505
2022: €48k
2023: €-23k
2024: €27k
2018 → 2025
Working capital
€63k▼ 5.3%
2024 · €66k
2018: €20k
2019: €29k
2020: €26k
2021: €21k
2022: €30k
2023: €34k
2024: €66k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€81k-€128k▲ 57.0%€103k▼ 19.4%€128k▲ 24.4%€107k▼ 16.7%
Operating result€6k-€64k▲ 930%€-18k€41k€-15k
Net result€505-€48k▲ 9,389%€-23k€27k€-20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €41k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €282k
Fixed assets
€87k▲ 2.1%
Current assets
€196k▲ 18.1%
Equity and liabilities €282k
Equity
€107k▼ 16.7%
Debt
€176k▲ 43.4%
The debt ratio rises from 48.9% to 62.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€41k▼
2024 · €91k
Cash flow
€37k▼
2024 · €77k
Solvency
37.8%▼
2024 · 51.1%
Current ratio
1.47▼
2024 · 1.66
Quick ratio
0.65▼
2024 · 0.67
Debt / equity
1.65▲
2024 · 0.96
ROE
-18.4%▼
2024 · 21.0%
ROA
-7.0%▼
2024 · 10.7%
Interest coverage
9.78▼
2024 · 14.54
Debt
€176k▲
2024 · €123k
Debt ≤ 1 year
€133k▲
2024 · €100k
Debt > 1 year
€43k▲
2024 · €23k
Income taxes
€231▼
2024 · €7k
Staff costs
€139k▲
2024 · €119k
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€251k€282k▲
Fixed assets21/28€85k€87k▲
Tangible fixed assets22/27€85k€87k▲
Land and buildings22€21k€7k▼
Plant, machinery and equipment23€15k€38k▲
Furniture and vehicles24€49k€42k▼
Financial fixed assets28€135€135=
Current assets29/58€166k€196k▲
Stocks and contracts in progress3€99k€110k▲
Stocks30/36€99k€110k▲
Amounts receivable within one year40/41€39k€73k▲
Trade receivables40€39k€69k▲
Other amounts receivable41-€5k
Cash at bank and in hand54/58€20k€6k▼
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€251k€282k▲
Equity10/15€128k€107k▼
Contributions10/11€19k€19k=
Reserves13€110k€88k▼
Tax-exempt reserves132€6k€6k=
Distributable reserves133€103k€82k▼
Amounts payable17/49€123k€176k▲
Amounts payable after more than one year17€23k€43k▲
Financial debts170/4€23k€43k▲
Amounts payable within one year42/48€100k€133k▲
Current portion of amounts payable after more than one year42€33k€29k▼
Financial debts43-€13k
Credit institutions430/8-€13k
Trade debts44€36k€39k▲
Suppliers440/4€36k€39k▲
Taxes, remuneration and social security45€13k€26k▲
Taxes450/3€13k€19k▲
Remuneration and social security454/9-€7k
Other amounts payable47/48€18k€26k▲
Income statement
Code20242025
Remuneration, social security and pensions62€119k€139k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€56k▲
Other operating charges640/8€7k€9k▲
Gross operating margin9900€217k€189k▼
Operating profit (loss)9901€41k€-15k▼
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€34k€-19k▼
Income taxes67/77€7k€231▼
Profit (loss) for the period9904€27k€-20k▼
Profit (loss) for the period to be appropriated9905€27k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€-20k▼
Transfer from equity791/2€2k€21k▲
Transfer to equity691/2€27k-
To other reserves6921€27k-
Profit to be distributed694/7€2k€2k▼
Return on contributions (dividend)694€2k€2k▼
The notes to these accounts (9 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €48k ▲9389%
Operating result €64k, net result €48k, both a record.
31-12
Financial
Equity above €100kEq €128k ▲57%
4 profitable years in a row build equity to €128k.
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2024
Van Hoorde Niels
CurrentDirector · since 02-01-2024
02-01-2024
Appointed as Director
Not every act has been read: a resignation may be missing here
2 of this company's 2 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Zottegem · 1 establishment unit since 2005
Ground area
2,362 m²
Building footprint
657 m²
Volume, LiDAR
3,641 m³
Parcel 41017A0388/00L008, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAN HOORDE
since 20052.145.176.180
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41017A0388/00L008 | Flanders | 2,362 m² | 1 · 657 m² | 7.0 m · 2 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.
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Of 396 companies in sector 23610 we hold annual accounts for 311. 141 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2004
Fiscal year end31-12
Activities, NACEBEL
23610Manufacture of other non-metallic mineral products
41001General construction of residential buildings
45211
43211General electrical installation work
43320Joinery installation
43990Other specialised construction activities
43999Specialised construction activities
46130Agents in the wholesale of timber and building materials
47521Retail sale of hardware, building materials, paint and glass (general range)
52462
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.