VANDERSTAPPEN
ActiveSummary
VANDERSTAPPEN has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €538k and a net result of €119k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 76% of 2179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+6
Solvency90▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.92 against 2.18 in 2024; short-term debt: 30.3% and cash: 26.1% of total assets), and 35.4% 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
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 · 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 · 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
64.6%
Return on assets
14.3%
Age of the figures
9 mo
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 13-03-2026, 140 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
140 d early
2024
59 d early
2023
89 d early
2022
213 d late
2021
101 d early
2020
53 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€538k▲ 13.7%
2024 · €473k
2018: €364k
2019: €405k
2020: €356k
2021: €572k
2022: €617k
2023: €583k
2024: €473k
2018 → 2025
Total assets
€833k▼ 7.2%
2024 · €897k
2018: €969k
2019: €727k
2020: €765k
2021: €1.18M
2022: €1.33M
2023: €1.19M
2024: €897k
2018 → 2025
Net result
€119k▲ 36.9%
2024 · €87k
2018: €38k
2019: €40k
2020: €92k
2021: €216k
2022: €125k
2023: €51k
2024: €87k
2018 → 2025
Working capital
€484k▲ 20.4%
2024 · €402k
2018: €336k
2019: €358k
2020: €314k
2021: €700k
2022: €541k
2023: €503k
2024: €402k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€572k-€617k▲ 7.9%€583k▼ 5.6%€473k▼ 18.8%€538k▲ 13.7%
Operating result€291k-€167k▼ 42.6%€70k▼ 58.1%€128k▲ 82.3%€179k▲ 40.3%
Net result€216k-€125k▼ 42.3%€51k▼ 59.5%€87k▲ 71.6%€119k▲ 36.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 40% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €833k
Fixed assets
€97k ▼ 37.1%
Current assets
€736k ▼ 1.0%
Equity and liabilities €833k
Equity
€538k ▲ 13.7%
Debt
€295k ▼ 30.4%
Debt's share of the balance-sheet total falls from 47.3% to 35.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€236k▲
2024 · €188k
Cash flow
€176k▲
2024 · €147k
Current ratio
2.92▲
2024 · 2.18
Quick ratio
2.84▲
2024 · 2.09
Debt to equity
0.55▼
2024 · 0.90
ROE
22.1%▲
2024 · 18.3%
ROA
14.3%▲
2024 · 9.7%
Interest coverage
64.58▲
2024 · 36.81
Debt ≤ 1 year
€252k▼
2024 · €341k
Debt > 1 year
€43k▼
2024 · €83k
Income taxes
€58k▲
2024 · €39k
Staff costs
€601k▲
2024 · €475k
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 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€897k€833k▼
Fixed assets21/28€154k€97k▼
Tangible fixed assets22/27€154k€96k▼
Plant, machinery and equipment23€2k€992▼
Furniture and vehicles24€69k€47k▼
Leasing and similar rights25€81k€47k▼
Other tangible fixed assets26€1k€819▼
Financial fixed assets28€250€250=
Current assets29/58€743k€736k▼
Stocks and contracts in progress3€30k€20k▼
Stocks30/36€30k€20k▼
Amounts receivable within one year40/41€210k€468k▲
Trade receivables40€176k€457k▲
Other amounts receivable41€34k€11k▼
Current investments50/53€101k€0▼
Cash at bank and in hand54/58€352k€217k▼
Deferred charges and accrued income490/1€50k€31k▼
Equity and liabilities
Total equity and liabilities10/49€897k€833k▼
Equity10/15€473k€538k▲
Contributions10/11€45k€45k=
Reserves13€325k€435k▲
Distributable reserves133€325k€435k▲
Profit (loss) carried forward14€103k€58k▼
Amounts payable17/49€424k€295k▼
Amounts payable after more than one year17€83k€43k▼
Financial debts170/4€83k€43k▼
Amounts payable within one year42/48€341k€252k▼
Current portion of amounts payable after more than one year42€45k€40k▼
Trade debts44€258k€153k▼
Suppliers440/4€258k€153k▼
Taxes, remuneration and social security45€25k€58k▲
Taxes450/3€16k€47k▲
Remuneration and social security454/9€8k€11k▲
Other amounts payable47/48€14k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€475k€601k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€57k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-8k
Other operating charges640/8€8k€15k▲
Non-recurring operating charges66A-€10k
Gross operating margin9900€671k€854k▲
Operating profit (loss)9901€128k€179k▲
Financial income75/76B€3k€1k▼
Recurring financial income75€3k€1k▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€126k€177k▲
Income taxes67/77€39k€58k▲
Profit (loss) for the period9904€87k€119k▲
Profit (loss) for the period to be appropriated9905€87k€119k▲
Appropriation of the result
Profit (loss) to be appropriated9906€348k€222k▼
Profit (loss) brought forward from the previous period14P€261k€103k▼
Transfer from equity791/2€38k€40k▲
Transfer to equity691/2€87k€119k▲
To other reserves6921€87k€119k▲
Profit to be distributed694/7€196k€85k▼
Return on contributions (dividend)694€196k€85k▼
Social balance
Average headcount (FTE)90878.910.4▲
The notes to these accounts (15 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
13-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €500kEq €538k ▲13.7%
8 profitable years in a row build equity to €538k.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
29-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 213 days late
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €216k ▲136%
Operating result €291k, net result €216k, both a record.
31-12
Financial
Equity above €500kEq €572k ▲60.6%
4 profitable years in a row build equity to €572k.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-04
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
6 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, Sint-Katelijne-Waver · 1 establishment unit since 2006
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.
Antwerpsesteenweg 232860 Sint-Katelijne-WaverGround area
614 m²
Building footprint
261 m²
Volume, LiDAR
1,431 m³
Parcel 12035E0255/02C003, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VANDERSTAPPEN
since 20062.155.742.054
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12035E0255/02C003 | Flanders | 614 m² | 1 · 261 m² | 10.1 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
2025 · 1 entry · 63 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 63 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
4 categoriesVANDERSTAPPEN BV38373
Legal Entity Identifier
9845004MTC9F0F9B3930
Similar companies · same sector, comparable size
MGS CONSTRUCTION
BE 0887.208.025
Marchin · Eq €537,959
VANBOSSEL
BE 0877.146.848
Torhout · Eq €538,210
DEVABO
BE 0424.169.815
Waregem · Eq €537,600
ERMI CONSTRUCT
BE 0477.484.478
Sint-Pieters-Leeuw · Eq €537,275
TOTAL DECONTAMINATION GROUP
BE 1001.051.876
Leopoldsburg · Eq €537,250
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 8,953 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
Founded22-06-2006
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43350Other building finishing work
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesE-mail:catherine.vdst@vdst.be
Phone:015/29.30.10
Fax:015/20.35.14
E-mail:catherinevdst@vdst.be