Skip to content

VANCLOOSTER ENGINEERING

Active
Private limited companyfounded 200125 yrs activeLichterveldestraat 33, 8610 Kortemark, BelgiumKBO/BCE: BE 0474.785.207

VANCLOOSTER ENGINEERING has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.32M and a net result of €228. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 95% of 2437 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
68 / 100
Healthy▼ -26 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 45.02 against 29.19 in 2023), and 1.7% 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 25 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
98.3%
Return on assets
0%
Age of the figures
20 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 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
41 d early
2023
30 d early
2022
24 d early
2021
45 d early
2020
23 d early
2019
1 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, micro schema

Equity
€2.32M=
2023 · €2.32M
2022: €2.32M 2023: €2.32M
2022 → 2024
Total assets
€2.36M▼ 0.9%
2023 · €2.38M
2022: €2.37M 2023: €2.38M
2022 → 2024
Net result
€228▼ 88.4%
2023 · €2k
2022: €1k 2023: €2k
2022 → 2024
Working capital
€1.77M▲ 0.8%
2023 · €1.76M
2022: €1.76M 2023: €1.76M
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202220232024Trend
Equity€2.32M-€2.32M▲ 0.1%€2.32M=
Operating result€6k-€4k▼ 24.9%€-48k
Net result€1k-€2k▲ 50.0%€228▼ 88.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0Operating result 2022: €6k€6kNet result 2022: €1k€1kOperating result 2023: €4k€4kNet result 2023: €2k€2kOperating result 2024: €-48k€-48kNet result 2024: €228€228202220232024
The operating result turns negative in 2024: a loss of €48k after €4k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.36M
Fixed assets €549k▼ 2.4%
Current assets €1.81M▼ 0.4%
Equity and liabilities €2.36M
Equity €2.32M=
Debt €40k▼ 35.4%
The debt ratio falls from 2.6% to 1.7%: debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€-34k
2023 · €17k
Cash flow
€14k
2023 · €15k
Solvency
98.3%
2023 · 97.4%
Current ratio
45.02
2023 · 29.19
Quick ratio
44.48
2023 · 28.87
Debt / equity
0.02
2023 · 0.03
ROE
0.0%
2023 · 0.1%
ROA
0.0%
2023 · 0.1%
Interest coverage
-61.09
2023 · 19.44
Debt
€40k
2023 · €62k
Debt ≤ 1 year
€40k
2023 · €62k
Income taxes
€4k
2023 · €4k
Staff costs
€51k
2023 · €49k
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
Total assets 20/58€2.38M€2.36M
Fixed assets 21/28€563k€549k
Tangible fixed assets 22/27€563k€549k
Current assets 29/58€1.82M€1.81M
Stocks & contracts in progress 3€20k€22k
Amounts receivable within one year 40/41€233k€195k
Investments 50/53€1.34M€1.25M
Cash & bank 54/58€219k€332k
Total equity & liabilities 10/49€2.38M€2.36M
Equity 10/15€2.32M€2.32M=
Contributions / capital 10/11€19k€19k=
Reserves 13€2.30M€2.30M=
Amounts payable 17/49€62k€40k
Amounts payable within one year 42/48€62k€40k
Trade debts payable within one year 44€46k€27k
Income statement Code20232024
Gross operating margin 9900€84k€29k
Operating result 9901€4k€-48k
Financial income 75€2k€53k
Financial charges 65€892€563
Result before taxes 9903€6k€4k
Income taxes 67/77€4k€4k
Net result for the period 9904€2k€228
Result to be appropriated 9905€2k€228

Timeline · acts, filings and financial milestones

2026
07-01
State Gazette act Statutes amendment
v3.2
2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €228 ▼88.4%
Net result drops to €228, the lowest in the series.
01-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
26-02
State Gazette act Statutes amendment
v3.2
2023
31-12
Financial Highest result since 2022net €2k ▲50%
Net result €2k, the highest in the series.
07-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
08-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
18-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 directors, no change since 2024
Vanclooster Dave
Director · since 26-02-2024
Current
26-02-2024 Vanclooster Dave: Appointed as Director
26-02-2024 Vanclooster Marc: Resigned as Manager
Location & real-estate footprint
Registered office, Kortemark · 1 establishment unit since 2001
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.

Lichterveldestraat 338610 Kortemark
Ground area
1,052 m²
Building footprint
208 m²
Volume, LiDAR
1,266 m³
Parcel 32011C1060/00N000, Flanders · tallest building 15.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VANCLOOSTER ENGINEERING
Lichterveldestraat 33, 8610 KortemarkManufacture of machinery and equipment not elsewhere classified
since 20012.093.252.971
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
32011C1060/00N000 Flanders 1,052 m² 1 · 208 m² 15.5 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.

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 3,463 companies in sector 25530 we hold annual accounts for 1,623. 825 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-05-2001
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
28520
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers

Data from official sources, last processed on 16-07-2026. Scores and ratios are computed by Checked and are not a credit decision.