VANHERPE & DE BOCK
ActiveVANHERPE & DE BOCK has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191k and a net result of €66k. Equity is growing by ~39.5% per year across the filed fiscal years. Its solvency ranks better than 44% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
79
/ 100
Excellent▲ +18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+66
Solvency71▲+26
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.17 in 2024), and 60.4% 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 43
Relative position
BE, all sectors
reference
Sector 43
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
39.6%
Return on assets
13.6%
Age of the figures
8 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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
1 d early
2023
26 d late
2022
1 d early
2021
17 d late
2020
25 d late
2019
27 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€191k▲ 48.5%
2024 · €128k
2019: €26k
2020: €26k
2021: €65k
2022: €109k
2023: €123k
2024: €128k
2019 → 2025
Total assets
€482k▲ 0.5%
2024 · €479k
2019: €428k
2020: €375k
2021: €417k
2022: €509k
2023: €479k
2024: €479k
2019 → 2025
Net result
€66k▲ 662%
2024 · €9k
2019: €229
2020: €13
2021: €39k
2022: €55k
2023: €16k
2024: €9k
2019 → 2025
Working capital
€84k▲ 146%
2024 · €34k
2019: €1k
2020: €1k
2021: €27k
2022: €60k
2023: €41k
2024: €34k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€65k-€109k▲ 66.8%€123k▲ 12.9%€128k▲ 4.3%€191k▲ 48.5%
Operating result€65k-€84k▲ 28.5%€37k▼ 55.5%€25k▼ 33.7%€104k▲ 321%
Net result€39k-€55k▲ 39.2%€16k▼ 71.4%€9k▼ 45.2%€66k▲ 662%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 321% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €482k
Fixed assets
€219k▼ 9.7%
Current assets
€263k▲ 11.0%
Equity and liabilities €482k
Equity
€191k▲ 48.5%
Debt
€291k▼ 17.1%
The debt ratio falls from 73.2% to 60.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€144k▲
2024 · €61k
Cash flow
€105k▲
2024 · €45k
Solvency
39.6%▲
2024 · 26.8%
Current ratio
1.47▲
2024 · 1.17
Quick ratio
0.60▲
2024 · 0.51
Debt / equity
1.53▼
2024 · 2.73
ROE
34.4%▲
2024 · 6.7%
ROA
13.6%▲
2024 · 1.8%
Interest coverage
22.79▲
2024 · 8.25
Debt
€291k▼
2024 · €351k
Debt ≤ 1 year
€179k▼
2024 · €203k
Debt > 1 year
€111k▼
2024 · €148k
Income taxes
€33k▲
2024 · €10k
Staff costs
€131k▼
2024 · €172k
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€479k€482k▲
Fixed assets21/28€243k€219k▼
Tangible fixed assets22/27€241k€217k▼
Land and buildings22€3k€3k=
Plant, machinery and equipment23€5k€6k▲
Furniture and vehicles24€60k€44k▼
Leasing and similar rights25€160k€152k▼
Other tangible fixed assets26€13k€12k▼
Financial fixed assets28€2k€2k=
Current assets29/58€237k€263k▲
Stocks and contracts in progress3€132k€156k▲
Stocks30/36€113k€123k▲
Contracts in progress37€20k€33k▲
Amounts receivable within one year40/41€79k€100k▲
Trade receivables40€38k€67k▲
Other amounts receivable41€41k€33k▼
Cash at bank and in hand54/58€20k€1k▼
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€479k€482k▲
Equity10/15€128k€191k▲
Contributions10/11€19k€19k=
Reserves13€110k€172k▲
Distributable reserves133€110k€172k▲
Amounts payable17/49€351k€291k▼
Amounts payable after more than one year17€148k€111k▼
Financial debts170/4€148k€111k▼
Amounts payable within one year42/48€203k€179k▼
Current portion of amounts payable after more than one year42€35k€37k▲
Financial debts43€10k€9k▼
Credit institutions430/8€10k€9k▼
Trade debts44€120k€106k▼
Suppliers440/4€120k€106k▼
Advances received on contracts in progress46€23k-
Taxes, remuneration and social security45€10k€23k▲
Taxes450/3€16€13k▲
Remuneration and social security454/9€10k€10k▼
Other amounts payable47/48€5k€4k▼
Accrued charges and deferred income492/3-€748
Income statement
Code20242025
Remuneration, social security and pensions62€172k€131k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€40k▲
Other operating charges640/8€4k€4k▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€238k€279k▲
Operating profit (loss)9901€25k€104k▲
Financial income75/76B€949€703▼
Recurring financial income75€949€703▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€18k€99k▲
Income taxes67/77€10k€33k▲
Profit (loss) for the period9904€9k€66k▲
Profit (loss) for the period to be appropriated9905€9k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€66k▲
Transfer from equity791/2€3k€780▼
Transfer to equity691/2€9k€63k▲
To other reserves6921€9k€63k▲
Profit to be distributed694/7€3k€3k=
Return on contributions (dividend)694€3k€3k=
Social balance
Average headcount (FTE)90873.02.0▼
The notes to these accounts (20 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €66k ▲662%
Operating result €104k, net result €66k, both a record.
31-12
Financial
Equity above €150kEq €191k ▲48.5%
7 profitable years in a row build equity to €191k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €100kEq €109k ▲66.8%
4 profitable years in a row build equity to €109k.
17-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
30-06
Financial
Weakest financial yearnet €13 ▼94.2%
Net result drops to €13, the lowest in the series; recovery starts the following year.
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
20-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2017
05-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
16-01
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
5 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, Oudenaarde · 1 establishment unit since 2007
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.
Industriepark "De Bruwaan" 45F9700 OudenaardeGround area
304 m²
Building footprint
328 m²
Volume, LiDAR
137 m³
Parcel 45508A0120/00K006, Flanders · tallest building 3.3 m. Linked by address, not a title deed.
1 establishment unit
Vanherpe & De Bock
since 20072.165.671.785
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45508A0120/00K006 | Flanders | 304 m² | 1 · 328 m² | 3.3 m |
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 · 1 entry · 215 EUR awarded · 215 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 215 EUR | 215 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 6,993 companies in sector 43221 we hold annual accounts for 3,445. 2,888 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-09-2007
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
45332
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.