ELECTRO VINDEVOGHEL
ActiveELECTRO VINDEVOGHEL has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €555k and a net result of €16k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 95% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
86
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-4
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 15.35 against 8.28 in 2024), and 5.1% 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
94.9%
Return on assets
2.7%
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 26-07-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
1 d early
2023
61 d late
2022
9 d early
2021
4 d late
2020
11 d early
2019
3 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€555k▲ 1.0%
2024 · €550k
2018: €493k
2019: €503k
2020: €534k
2021: €549k
2022: €575k
2023: €548k
2024: €550k
2018 → 2025
Total assets
€586k▼ 3.5%
2024 · €607k
2018: €523k
2019: €542k
2020: €565k
2021: €586k
2022: €608k
2023: €579k
2024: €607k
2018 → 2025
Net result
€16k▼ 19.5%
2024 · €19k
2018: €17k
2019: €10k
2020: €31k
2021: €40k
2022: €25k
2023: €24k
2024: €19k
2018 → 2025
Working capital
€432k▲ 4.5%
2024 · €413k
2018: €351k
2019: €344k
2020: €393k
2021: €360k
2022: €405k
2023: €395k
2024: €413k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€549k-€575k▲ 4.6%€548k▼ 4.7%€550k▲ 0.4%€555k▲ 1.0%
Operating result€51k-€34k▼ 34.1%€22k▼ 36.1%€24k▲ 10.8%€27k▲ 12.7%
Net result€40k-€25k▼ 37.0%€24k▼ 5.0%€19k▼ 19.5%€16k▼ 19.5%
Turnover and EBIT margin not published: the abbreviated or micro 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 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €586k
Fixed assets
€124k▼ 9.4%
Current assets
€462k▼ 1.8%
Equity and liabilities €586k
Equity
€555k▲ 1.0%
Debt
€30k▼ 47.0%
The debt ratio falls from 9.4% to 5.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€41k▲
2024 · €40k
Cash flow
€30k▼
2024 · €36k
Solvency
94.9%▲
2024 · 90.6%
Current ratio
15.35▲
2024 · 8.28
Quick ratio
11.55▲
2024 · 5.97
Debt / equity
0.05▼
2024 · 0.10
ROE
2.8%▼
2024 · 3.5%
ROA
2.7%▼
2024 · 3.2%
Interest coverage
130.48▲
2024 · 124.50
Debt
€30k▼
2024 · €57k
Debt ≤ 1 year
€30k▼
2024 · €57k
Income taxes
€17k▲
2024 · €9k
Staff costs
€142k▲
2024 · €142k
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€607k€586k▼
Fixed assets21/28€136k€124k▼
Tangible fixed assets22/27€136k€124k▼
Land and buildings22€129k€119k▼
Furniture and vehicles24€7k€5k▼
Current assets29/58€470k€462k▼
Stocks and contracts in progress3€132k€114k▼
Stocks30/36€92k€82k▼
Contracts in progress37€39k€33k▼
Amounts receivable within one year40/41€67k€80k▲
Trade receivables40€48k€76k▲
Other amounts receivable41€19k€4k▼
Cash at bank and in hand54/58€259k€254k▼
Deferred charges and accrued income490/1€13k€13k▼
Equity and liabilities
Total equity and liabilities10/49€607k€586k▼
Equity10/15€550k€555k▲
Contributions10/11€19k€19k=
Reserves13€522k€526k▲
Distributable reserves133€522k€526k▲
Profit (loss) carried forward14€9k€11k▲
Amounts payable17/49€57k€30k▼
Amounts payable within one year42/48€57k€30k▼
Trade debts44€17k€7k▼
Suppliers440/4€17k€7k▼
Taxes, remuneration and social security45€18k€17k▼
Taxes450/3€8k€8k▲
Remuneration and social security454/9€10k€9k▼
Other amounts payable47/48€22k€5k▼
Accrued charges and deferred income492/3€0€8▲
Income statement
Code20242025
Remuneration, social security and pensions62€142k€142k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€14k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€184k€186k▲
Operating profit (loss)9901€24k€27k▲
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€321€314▼
Recurring financial charges65€321€314▼
Profit (loss) for the period before taxes9903€29k€32k▲
Income taxes67/77€9k€17k▲
Profit (loss) for the period9904€19k€16k▼
Profit (loss) for the period to be appropriated9905€19k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€25k▼
Profit (loss) brought forward from the previous period14P€9k€9k▲
Transfer from equity791/2€17k€10k▼
Transfer to equity691/2€19k€15k▼
To other reserves6921€19k€15k▼
Profit to be distributed694/7€17k€10k▼
Return on contributions (dividend)694€17k€10k▼
The notes to these accounts (16 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
26-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
22-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Highest result since 2018net €40k ▲28.9%
Operating result €51k, net result €40k, both a record.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €10k ▼40%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €503k ▲2.1%
2 profitable years in a row build equity to €503k.
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
VINDEVOGHEL Frank
CurrentDirector · since 13-12-2023
VINDEVOGHEL Hans
CurrentDirector · since 13-12-2023
13-12-2023
VINDEVOGHEL Frank: Appointed as Director
13-12-2023
VINDEVOGHEL Hans: Appointed as Director
Location & real-estate footprint
Registered office, Oudenaarde · 1 establishment unit since 2003
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.
Diependale 439700 OudenaardeGround area
669 m²
Building footprint
83 m²
Volume, LiDAR
266 m³
Parcel 45507A0095/00A003, Flanders · tallest building 4.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ELECTRO VINDEVOGHEL
since 20032.132.656.648
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45507A0095/00A003 | Flanders | 669 m² | 1 · 83 m² | 4.3 m · 1 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
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,271. 6,182 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-05-2003
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
47540Retail sale of electrical household appliances
52450
52720
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 22 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.