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VANDEMOORTELE IZEGEM

Active
Public limited companyfounded 201016 yrs activePrins Albertlaan 12, 8870 Izegem, BelgiumKBO/BCE: BE 0827.803.443
Summary

VANDEMOORTELE IZEGEM has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.6m and a net result of €643,494. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 24% of 748 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Manufacture of food products
NACE 10410Manufacture of food products NACE 10420
#1 employer in Izegem, Manufacturing sector1 site
Size
€32.2mturnover 2025
Staff
218.5 FTE
Equity
€7.6m
Profit
€643,494
Financial health
80 Excellent Checked score 2025
Bankruptcy chance 12 m
0.5%
Structure
Parent
VANDEMOORTELE LIPIDS · 100%
Board
3 members
Auditor: DELOITTE Bedrijfsrevisoren BVAccounts 46 d early
Why 80- Liquidity: current ratio 0.21, cash €143- Sector Manufacture of food products (NACE 10)- Equity €7.6m (19.3% of total assets)+ Founded in 2010Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Better than 37% of its sector peers (NACE 10, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 44+1
equity 19.3% of total assets
Liquidity 6+1
short-term debt 80.6% · cash 0.0%
Profitability 81+1
return on assets 1.6%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (225 companies)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● 0.0% vs 11-2024 01-2025: 0.7%● 0.0% vs 12-2024 02-2025: 0.7%▼ -3.4% vs 01-2025 03-2025: 0.7%▲ +1.7% vs 02-2025 04-2025: 0.8%▲ +7.4% vs 03-2025 05-2025: 0.8%▲ +1.4% vs 04-2025 06-2025: 0.8%▲ +5.4% vs 05-2025highest value 07-2025: 0.6%▼ -22.1% vs 06-2025 08-2025: 0.6%● 0.0% vs 07-2025 09-2025: 0.6%● 0.0% vs 08-2025 10-2025: 0.6%▼ -7.6% vs 09-2025 11-2025: 0.6%● 0.0% vs 10-2025 12-2025: 0.6%▼ -0.5% vs 11-2025 01-2026: 0.6%● 0.0% vs 12-2025 02-2026: 0.6%▲ +0.3% vs 01-2026 03-2026: 0.6%▲ +1.7% vs 02-2026 04-2026: 0.6%▲ +7.6% vs 03-2026 05-2026: 0.6%▼ -0.5% vs 04-2026 06-2026: 0.7%▲ +2.2% vs 05-2026 07-2026: 0.5%▼ -20.7% vs 06-2026lowest value 08-2026: 0.5%● 0.0% vs 07-2026lowest value 09-2026: 0.5%● 0.0% vs 08-2026lowest value 10-2026: 0.5%● 0.0% vs 09-2026lowest value
  • Liquidity: current ratio 0.21, cash €143 raises the probability
  • Sector Manufacture of food products (NACE 10) raises the probability
  • Founded in 2010 lowers the probability for this profile
  • Equity €7.6m (19.3% of total assets) raises the probability
Credit up to €600,000 at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.21 in 2024; short-term debt: 80.6% and cash: 0% of total assets), and 80.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 10, medium-sized). Better than this share of them on solvency 22%, liquidity 3%, profitability 81%, growth against the median 40%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.21, cash €143
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Manufacture of food products (NACE 10)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Founded in 2010
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Equity €7.6m (19.3% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 748 sector peers (2025).
NBB · sector comparison
Position among 748 sector peers
Solvency
better than 24%
← weakest strongest →
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 d early
2024
49 d early
2023
49 d early
2022
34 d early
2021
44 d early
2020
50 d early
2019
46 d 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 45 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

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. Usually files around 15 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Resignation: Bart Bruyneel (bestuurder)Appointment: Helena Vanhoutte (director) ·…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Highest result since 2018net €643,494 ▲8%

Key points

  • Positive: Employer in Izegem, Manufacturing sectorin the Checked rankings #1 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by VANDEMOORTELE LIPIDSknown shareholders 100% 100% View
  • Board changedlatest change 01-04-2026 · 3 in office 1 joined · 1 left View
  • Flemish supportawarded 2022 - 2025 €69,968 View

By topic

Financials

Fiscal year
2025
Turnover
€32.2m
Profit
€643,494
Solvency
19.3%
Turnover▼ 3.4%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
VANDEMOORTELE LIPIDS · 100%
Known shareholders
100%
Auditor
DELOITTE Bedrijfsrevisoren BV
Go to Board & ownership

Timeline

Events
34
Since
2010
Next accounts
by 31-07-2027
  1. 15-06-2026Resignation: Bart Bruyneel (bestuurder)
  2. 15-06-2026Annual accounts filed
  3. 31-12-2025Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of food productsNACE 10410
Founded
28-06-2010
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 de productie van gebruiks- en verbruiksgoederen, met…
Go to Articles of association

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