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VANHOUT

Active
Public limited companyfounded 1989active for 36 yearsLammerdries 12, 2440 Geel, Belgium46 active companies are registered at this addressKBO/BCE: BE 0439.714.361
Summary

VANHOUT has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23.3m and a net result of €1.4m. Equity is growing by about 5.9% per year across the filed financial years. Its solvency ranks better than 31% of 1,017 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
General construction of residential buildings
NACE 41001General construction of office buildings NACE 41002
Largest company by total assets in Geel, Construction sector1 site
Size
€125.0mturnover 2025
Staff
144.6 FTE
Equity
€23.3m
Profit
€1.4m
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
BESIX Group · 100%
Board
8 members
Holdings
22
  • Lemma BVChair · permanent representative Jef Lembrechts
  • Ronny EijckmansManaging director
Auditor: DELOITTE Bedrijfsrevisoren BVAccounts 73 days early
Why 91raises riskSector: Construction of residential and non-residential buildings (NACE 41)Equity €23.3m (20.6% of total assets)lowers riskLiquidity: current ratio 1.07, cash €37.1mFounded in 1989Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 61% of its sector peers (NACE 41, medium-sized)
Financial strength · tick = 2024
Average
Solvency 46-4
equity 20.6% of total assets
Liquidity 52+27
short-term debt 73.1% · cash 32.8%
Profitability 58+26
return on assets 1.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (211 companies, NACE 41, medium-sized)
Last 24 months 11-2024: 0.2%highest value 12-2024: 0.2%● unchanged vs 11-2024highest value 01-2025: 0.2%● unchanged vs 12-2024highest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €2,100,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.07, compared with 1.02 in 2024, below the usual 1.5; short-term debt: 73.1% and cash: 32.8% of total assets), and 79.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, medium-sized): better than 38% on solvency, 84% on liquidity, 56% on profitability and 67% on growth.

The bankruptcy probability was computed on 15-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Equity €23.3m (20.6% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.07, cash €37.1m
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
73 days early
2024
59 days early
2023
34 days early
2022
61 days early
2021
26 days early
2020
19 days late
2019
22 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 37 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
16-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: Jean Polet (director)Permanent representative: Ronny Eijckmans
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Largest company by total assets in Geel, Construction sectorin the Checked rankings No. 1 View
  • Controlled by BESIX Groupthe company in turn controls 18 companies 100% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
  • Positive: Result rose in 2025from €1.1m to €1.4m ▲ 28.4% View

By topic

Financials

Financial year
2025
Turnover
€125.0m
Profit
€1.4m
Solvency
20.6%
Turnover▲ 17.0%
Net result
20182025
Go to Financials

Board & ownership

Board
8 members
Parent
BESIX Group · 100%
Auditor
DELOITTE Bedrijfsrevisoren BV
  • Lemma BVChair
  • Jureco bvDirector
  • Kempen Management bvDirector
  • Manibel bvDirector
  • POLET JeanDirector

and 3 other directors

Go to Board & ownership

Timeline

Events
67
Since
1991
Next accounts
by 31-07-2027
  1. 27-06-2024Annual accounts filed
  2. 14-06-2024Resignations: Gabeli srl, Johan Beerlandt and Mazars…
  3. 31-12-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General construction of residential buildingsNACE 41001
Founded
27-12-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“De vennootschap heeft tot voorwerp: zowel in België als in het buitenland, voor eigen…” (deed in Dutch)
Go to Articles of association

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