Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Vanthuyne Davy from Ledegem, company number BE0797954266, closed financial year 2025 with a result of € -26,569 after tax. For that financial year Vanthuyne Davy recorded a gross margin of € -2,974 and equity of € 12,494. Compared with financial year 2024, the result moved from € 38,062 to € -26,569. The company made a loss. The buffer shrank hard: equity is 68 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 12,494
▼ 68% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,569
▼ still € 38,062 profit in 2024
Profit after tax over the fiscal year.
€ 24,592
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 11,494.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 267,754
€ 11,211 is repaid this year. At this pace the long-term loan is gone in ≈ 24 years.
€ 10,458
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,451
▼ 14% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 72,888 | € -2,974 | ▼ € 75,862 |
| Profit after taxes | € 38,062 | € -26,569 | ▼ € 64,631 |
| Equity | € 39,062 | € 12,494 | ▼ 68% |
| Total debts | € 73,936 | € 335,285 | ▲ € 261,349 |
| Cash | € 93,760 | € 24,592 | ▼ 74% |
| Land & buildings | € 2,247 | € 292,065 | ▲ € 289,819 |
| Retained profit | € 38,062 | € 11,494 | ▼ 70% |
| Bank debt | € 0 | € 267,754 | |
| Balance sheet total | € 112,998 | € 347,778 | ▲ 208% |
By gross margin, Vanthuyne Davy ranks 7th of 7 companies with main activity “Sanitaire werkzaamheden” in Ledegem that publish figures (fiscal year 2025).
Key figures of Vanthuyne Davy, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about Vanthuyne Davy the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Vanthuyne Davy?
What happened at Vanthuyne Davy in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 26,569 (▼ € 64,631 vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Ledegem. KBO
- Davy VANTHUYNE became a director. NBB
In short
From € 38,062 profit in 2024 to € 26,569 loss in 2025.
Paid € 11,021 in corporate taxes since 2024.
Best year ever: 2024, with € 38,062 profit.
Management
Behind Vanthuyne Davy is Davy VANTHUYNE.
Directors
According to the 2025 annual accounts
Davy VANTHUYNE
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Sint-Pietersstraat 124
8880 Ledegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Ledegem
Same main activity (Sanitaire werkzaamheden), 10 active companies in Ledegem, largest first.
€ 1.7 million gross margin · 2025
€ 236,316 gross margin · 2025
€ 235,804 gross margin · 2025
€ 67,119 gross margin · 2026
€ 40,132 gross margin · 2024
€ 11,641 gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VANTHUYNE Davy(oprichter) 100%
Details
- Company number
- 0797.954.266
- VAT number
- BE 0797.954.266
- Registered office
- Sint-Pietersstraat 124, 8880 Ledegem
- Names & denominations
- Vanthuyne Davy
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 2023
- Peppol
- Active · Active since 15 Oct 2025
- Activities · NACE
Sanitaire werkzaamheden
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Installatie van isolatie
Groothandel in bouwmaterialen, algemeen assortiment
Schrijnwerk
Algemene elektrotechnische installatiewerken
Detailhandel in overige bouwmaterialen, neg
Isolatiewerkzaamheden