Financials
- Financial year
- 2025
- Turnover
- €38.0m
- Profit
- €1.4m
- Solvency
- 57.2%
Turnover▼ 4.3%
Net result
20182025
TP VISION BELGIUM
ActiveSummary
TP VISION BELGIUM has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22.6m and a net result of €1.4m, of which €2.1m non-recurring income. Equity remains stable across the filed financial years (±2% per year). Its solvency ranks better than 63% of 6,152 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Wholesale of electrical equipment, including installation materials
NACE 46643Other research and development on natural sciences NACE 72109
1 site
Size
€38.0mturnover 2025
- Staff
- 64 FTE
- Equity
- €22.6m
- Profit
- €1.4m
Structure
- Parent
- TPV Technology Limited
- Kris Den HaeseDirector
- Nico VemieuweDirector
- Yang-Chou YuManaging director
Auditor: BV PwC Bedrijfsrevisoren2025 accounts 31 days early5 of 28 deeds summarised
Why 96lowers riskSize: turnover €38.0m, 64 FTE, total assets €39.5mFounded in 2011Equity €22.6m (57.2% of total assets)Figures for financial year 2025 (filed 30-06-2026)Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 67% of its sector peers (NACE 46, medium-sized)
Financial strength · tick = 2024
Strong
Solvency
82-1
equity 57.2% of total assets
Liquidity
47=
short-term debt 32.4% · cash 8.5%
Profitability
82-1
return on assets 3.6%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
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: 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026highest value
10-2026: 0.1%▼ -0.2 percentage points vs 09-2026lowest value
Credit of up to €2,150,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.45, compared with 1.37 in 2024, below the usual 1.5; short-term debt: 32.4% and cash: 8.5% of total assets), and 42.8% 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 46, medium-sized): better than 71% on solvency, 65% on liquidity, 91% on profitability and 42% on growth.
The bankruptcy probability was computed on 29-10-2026 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
Six signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €22.6m
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 days early
2024
44 days early
2023
43 days early
2022
46 days early
2021
46 days early
2020
51 days early
2019
46 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 44 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 17 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
- Resignation: Chun-Chang Su (director)Appointment: Yang-Chou Yu (managing director)…
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
Key points
- Positive: Among the best 8% on equitysector median €1.6m · 6,084 companies €22.6m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €1.4m, mostly one-off 8 years View
- Controlled by TPV Technology Limitedultimately: 中国电子信息产业集团有限公司 parent View
- Board changedlatest change 12-06-2026 · 3 in office 1 joined · 1 left View
By topic
Board & ownership
- Board
- 3 members
- Parent
- TPV Technology Limited
- Auditor
- BV PwC Bedrijfsrevisoren
- Kris Den HaeseDirector
- Nico VemieuweDirector
- Yang-Chou YuManaging director
Network & group
- Group
- 中国电子信息产业集团有限公司
- Mergers and asset contributions
- 1
Timeline
- Events
- 21
- Since
- 2013
- Next accounts
- by 31-07-2027
- 31-12-2024Highest result from 2018 to 2025
- 04-12-2024Reappointment: PwC Bedrijfsrevisoren BV (statutory auditor)
- 18-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Wholesale of electrical equipment, including installation materialsNACE 46643
- Founded
- 18-07-2011
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 18
- Annual meeting
- Second Thursday of June at 10:00
- Purpose
- “De ontwikkeling,de productie van en de handel in alle artikelen die rechtstreeks of…” (deed in Dutch)
Key facts about TP VISION BELGIUM
- What is the company number of TP VISION BELGIUM?
- 0837.960.234. In Belgium the VAT number is the company number with BE in front: BE 0837.960.234.
- Where is TP VISION BELGIUM based?
- The registered office is at Technologiepark-Zwijnaarde 122, 9052 Gent.Company details
- What does TP VISION BELGIUM do?
- According to the KBO register, the main activity is wholesale of electrical equipment, including installation materials (NACE 46643).
- What is the legal form of TP VISION BELGIUM?
- Public limited company (NV).
- When was TP VISION BELGIUM founded?
- On 18-07-2011.
- Is TP VISION BELGIUM still active?
- Yes, TP VISION BELGIUM is an active enterprise in the KBO register.
- How many employees does TP VISION BELGIUM have?
- On average 64 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TP VISION BELGIUM?
- €38.0m in financial year 2025, according to the filed annual accounts.
- Is TP VISION BELGIUM profitable?
- In financial year 2025, TP VISION BELGIUM made a profit of €1.4m.
- Where can I find the annual accounts of TP VISION BELGIUM?
- TP VISION BELGIUM filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TP VISION BELGIUM due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to TP VISION BELGIUM
Comparable companies
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- CRESTRON EUROPEMechelen
- WEG BENELUX S.A.Nivelles
- A & C SYSTEMSHoegaarden
- ANIXTER BELGIUMWillebroek
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