Vandekeere Frédéric
ActiveVandekeere Frédéric has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €446k and a net result of €80k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 72% of 2154 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-7
Solvency85▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.77 against 4.72 in 2024; short-term debt: 13.4% and cash: 32.7% of total assets), and 40.1% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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 2025Solvency, return and age of the figures
Solvency
59.9%
Return on assets
10.7%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-04-2026, 120 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
120 d early
2024
128 d early
2023
50 d early
2022
26 d early
2021
62 d early
2020
46 d early
2019
38 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€446k▼ 1.7%
2024 · €454k
2018: €182k
2019: €232k
2020: €249k
2021: €294k
2022: €285k
2023: €337k
2024: €454k
2018 → 2025
Total assets
€745k▲ 1.6%
2024 · €733k
2018: €747k
2019: €743k
2020: €682k
2021: €723k
2022: €726k
2023: €701k
2024: €733k
2018 → 2025
Net result
€80k▼ 31.7%
2024 · €117k
2018: €85k
2019: €50k
2020: €14k
2021: €46k
2022: €35k
2023: €53k
2024: €117k
2018 → 2025
Working capital
€276k▲ 7.3%
2024 · €257k
2018: €162k
2019: €102k
2020: €128k
2021: €185k
2022: €128k
2023: €184k
2024: €257k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€294k-€285k▼ 3.2%€337k▲ 18.4%€454k▲ 34.7%€446k▼ 1.7%
Operating result€72k-€55k▼ 23.8%€82k▲ 50.1%€170k▲ 107%€115k▼ 32.5%
Net result€46k-€35k▼ 23.5%€53k▲ 50.5%€117k▲ 123%€80k▼ 31.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €745k
Fixed assets
€370k▼ 9.2%
Current assets
€375k▲ 15.1%
Equity and liabilities €745k
Equity
€446k▼ 1.7%
Debt
€298k▲ 7.2%
The debt ratio rises from 38.0% to 40.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€160k▼
2024 · €231k
Cash flow
€126k▼
2024 · €178k
Solvency
59.9%▼
2024 · 62.0%
Current ratio
3.77▼
2024 · 4.72
Quick ratio
3.71▼
2024 · 4.72
Debt / equity
0.67▲
2024 · 0.61
ROE
17.9%▼
2024 · 25.8%
ROA
10.7%▼
2024 · 16.0%
Interest coverage
35.49▲
2024 · 31.53
Debt
€298k▲
2024 · €278k
Debt ≤ 1 year
€100k▲
2024 · €69k
Debt > 1 year
€181k▼
2024 · €209k
Income taxes
€32k▼
2024 · €49k
Staff costs
€316k▲
2024 · €285k
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€733k€745k▲
Fixed assets21/28€407k€370k▼
Tangible fixed assets22/27€399k€364k▼
Land and buildings22€328k€300k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€48k€48k▲
Leasing and similar rights25€19k€13k▼
Financial fixed assets28€8k€5k▼
Current assets29/58€326k€375k▲
Stocks and contracts in progress3€530€5k▲
Stocks30/36€530€5k▲
Contracts in progress37€0-
Amounts receivable within one year40/41€70k€73k▲
Trade receivables40€63k€73k▲
Other amounts receivable41€8k€0▼
Cash at bank and in hand54/58€244k€243k▼
Deferred charges and accrued income490/1€11k€53k▲
Equity and liabilities
Total equity and liabilities10/49€733k€745k▲
Equity10/15€454k€446k▼
Contributions10/11€10k€10k=
Reserves13€444k€436k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€444k€436k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€278k€298k▲
Amounts payable after more than one year17€209k€181k▼
Financial debts170/4€191k€153k▼
Other amounts payable178/9€19k€28k▲
Amounts payable within one year42/48€69k€100k▲
Current portion of amounts payable after more than one year42€38k€38k▲
Trade debts44€29k€32k▲
Suppliers440/4€29k€32k▲
Taxes, remuneration and social security45€2k€30k▲
Taxes450/3€2k€30k▲
Accrued charges and deferred income492/3-€18k
Income statement
Code20242025
Remuneration, social security and pensions62€285k€316k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€46k▼
Other operating charges640/8€9k€10k▲
Gross operating margin9900€524k€486k▼
Operating profit (loss)9901€170k€115k▼
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€166k€112k▼
Income taxes67/77€49k€32k▼
Profit (loss) for the period9904€117k€80k▼
Profit (loss) for the period to be appropriated9905€117k€80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€117k€80k▼
Transfer from equity791/2-€88k
Transfer to equity691/2€117k€80k▼
To other reserves6921€117k€80k▼
Profit to be distributed694/7-€88k
Return on contributions (dividend)694-€88k
Social balance
Average headcount (FTE)90874.74.9▲
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
Next filing, fiscal year 2026, expected by
2026
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €117k ▲123%
Operating result €170k, net result €117k, both a record.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €14k ▼71.2%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €232k ▲27.5%
2 profitable years in a row build equity to €232k.
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kuurne · 1 establishment unit since 2013
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.
Rijksweg 308520 KuurneGround area
573 m²
Building footprint
262 m²
Volume, LiDAR
1,295 m³
Parcel 34023B0312/00K002, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vandekeere Frédéric
since 20132.221.497.661
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023B0312/00K002 | Flanders | 573 m² | 1 · 262 m² | 9.2 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 252 EUR awarded · 252 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 196 EUR | 196 EUR |
| 2024 | 1 | 56 EUR | 56 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
17 categoriesVandekeere Frédéric BV40168
Similar companies · same sector, comparable size
HOME PERFECT
BE 0831.220.813
Sint-Genesius-Rode · Eq €446k
C.B. CONSTRUCTION
BE 0876.221.190
Fexhe-le-Haut-Clocher · Eq €447k
CONSTRUSERVI
BE 0758.753.893
Jette · Eq €446k
MGA CONSTRUCT
BE 0744.760.951
Opwijk · Eq €447k
RENOVATIEF VERBOUWEN
BE 0653.898.972
Roeselare · Eq €447k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 9,655 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-08-2013
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43320Joinery installation
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
77394Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.