Subsidiaries and holdings
- COGITAX100%
- Crowe Vandelanotte100%
- Crowe Vandelanotte ++100%
- DESK 21100%
- IntroNext100%
- Lindra100%
- Iniflow50%
- VC HoldCo50%
VANDELANOTTE has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.5m and a net result of €4.8m. Equity has been growing by about 12% per year since 2019. Its solvency ranks better than 43% of 314 sector peers (NACE 78, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 78, large). It does better than 51% of them on solvency, 39% on liquidity, 93% on profitability and 78% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 78), the median for financial year 2024 was 14 days before the deadline, and 30% of those companies filed late.
These companies have the same main activity as VANDELANOTTE: employment placement agencies (NACE 78100). They are comparable in size and age: total assets between €18m and €50m, founded between 1996 and 2014.
| Company | Total assets | Turnover |
|---|---|---|
| VANDELANOTTE Kortrijk | €32.6m | €55.6m |
| CARE TALENTS Kortrijk | €44.5m | €34.6m |
| IQVIA RDS & INTEGRATED SERVICES BELGIUM Zaventem | €47.5m | €45.6m |
| PAUWELS CONSULTING Machelen (Brab.) | €49.7m | €89.2m |
| TMC Science & Technology Zaventem | €24.0m | €41.8m |
| SALES TALENTS Kortrijk | €18.5m | €18.8m |
| STHREE BELGIUM Brussel | €17.7m | €51.4m |
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