VANDERMEEREN CONSTRUCT
ActiveSummary
VANDERMEEREN CONSTRUCT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €391k and a net result of €6k. Equity is shrinking by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-16
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 48.2; short-term debt: 1.7% and cash: 69% of total assets), and 2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
98%
Return on assets
1.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-06-2025, 127 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
127 d early
2024
121 d early
2023
47 d early
2022
174 d early
2021
32 d early
2020
33 d early
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€391k▼ 25.1%
2024 · €522k
2019: €798k
2020: €430k
2021: €565k
2022: €588k
2023: €532k
2024: €522k
2019 → 2025
Total assets
€399k▼ 24.1%
2024 · €525k
2019: €834k
2020: €448k
2021: €571k
2022: €594k
2023: €539k
2024: €525k
2019 → 2025
Net result
€6k▼ 92.4%
2024 · €76k
2019: €137k
2020: €27k
2021: €135k
2022: €79k
2023: €68k
2024: €76k
2019 → 2025
Working capital
€326k▼ 25.5%
2024 · €437k
2019: €783k
2020: €402k
2021: €546k
2022: €583k
2023: €530k
2024: €437k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€565k-€588k▲ 4.1%€532k▼ 9.5%€522k▼ 1.9%€391k▼ 25.1%
Operating result€194k-€114k▼ 41.2%€95k▼ 16.3%€92k▼ 3.1%€-820
Net result€135k-€79k▼ 41.1%€68k▼ 14.8%€76k▲ 12.2%€6k▼ 92.4%
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 €820 after €92k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €399k
Fixed assets
€66k ▼ 22.1%
Current assets
€333k ▼ 24.5%
Equity and liabilities €399k
Equity
€391k ▼ 25.1%
Debt
€8k ▲ 134%
Debt's share of the balance-sheet total rises from 0.6% to 2.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€18k▼
2024 · €100k
Cash flow
€24k▼
2024 · €84k
Current ratio
48.20
Debt to equity
0.02▲
2024 · 0.01
ROE
1.5%▼
2024 · 14.6%
ROA
1.4%▼
2024 · 14.5%
Interest coverage
60.10▼
2024 · 405.05
Debt ≤ 1 year
€7k▲
2024 · €3k
Income taxes
€3k▼
2024 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€525k€399k▼
Fixed assets21/28€85k€66k▼
Tangible fixed assets22/27€84k€65k▼
Plant, machinery and equipment23€14k€11k▼
Furniture and vehicles24€69k€54k▼
Financial fixed assets28€1k€1k=
Current assets29/58€440k€333k▼
Amounts receivable after more than one year29€119k-
Other amounts receivable291€119k-
Amounts receivable within one year40/41€34k€47k▲
Trade receivables40€19k€26k▲
Other amounts receivable41€15k€21k▲
Current investments50/53€10k€10k=
Cash at bank and in hand54/58€271k€275k▲
Deferred charges and accrued income490/1€6k€413▼
Equity and liabilities
Total equity and liabilities10/49€525k€399k▼
Equity10/15€522k€391k▼
Contributions10/11€1€1=
Reserves13€522k€391k▼
Distributable reserves133€522k€391k▼
Amounts payable17/49€3k€8k▲
Amounts payable within one year42/48€3k€7k▲
Trade debts44€2k€46▼
Suppliers440/4€2k€46▼
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3-€4k
Remuneration and social security454/9€1k-
Other amounts payable47/48-€3k
Accrued charges and deferred income492/3-€931
Income statement
Code20242025
Non-recurring operating income76A€21k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€19k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€101k€19k▼
Operating profit (loss)9901€92k€-820▼
Financial income75/76B€12k€10k▼
Recurring financial income75€12k€10k▼
Financial charges65/66B€247€299▲
Recurring financial charges65€247€299▲
Profit (loss) for the period before taxes9903€104k€9k▼
Income taxes67/77€28k€3k▼
Profit (loss) for the period9904€76k€6k▼
Profit (loss) for the period to be appropriated9905€76k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€76k€6k▼
Transfer from equity791/2€86k€137k▲
Transfer to equity691/2€76k€6k▼
To other reserves6921€76k€6k▼
Profit to be distributed694/7€86k€137k▲
Return on contributions (dividend)694€86k€137k▲
The notes to these accounts (5 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
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €6k ▼92.4%
Net result drops to €6k, the lowest in the series.
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
14-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Liquidity quadruplescurrent ratio 83.04
Current ratio from 23.48 to 83.04; short-term debt falls from €18k to €7k.
31-03
Financial
Equity above €500kEq €565k ▲31.4%
3 profitable years in a row build equity to €565k.
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Bredene · 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.
Zeesterlaan 298450 BredeneGround area
575 m²
Building footprint
265 m²
Volume, LiDAR
1,916 m³
2 parcels, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Zeelaan 13, 8450 Bredene
since 20012.095.315.113
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35002B0282/00F000 | Flanders | 320 m² | 1 · 89 m² | 11.8 m · 3 fl. |
| 35002B0284/00C002 | Flanders | 254 m² | 1 · 176 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BRIAT
BE 0846.587.888
Ukkel · Eq €391,487
FASHION AGENCY BRUSSELS
BE 0421.052.254
Elsene · Eq €389,927
LUPUS SPORTMANAGEMENT
BE 0686.978.447
Gent · Eq €392,501
VENDECO
BE 0457.510.693
Oostende · Eq €392,524
SCHELDIMMO
BE 0439.127.215
Merelbeke-Melle · Eq €392,914
Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,647 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-10-2001
Fiscal year end31-03
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.