V&E TECHNICS
ActiveSummary
V&E TECHNICS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €7k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-7
Solvency51▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 0.9 in 2024; short-term debt: 55.1% and cash: 5.7% of total assets), and 74.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
25.6%
Return on assets
5%
Age of the figures
9 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 14-07-2026, 17 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
17 d early
2024
3 d early
2023
2 d early
2022
59 d late
2021
26 d late
2020
31 d late
2019
61 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▲ 24.4%
2024 · €28k
2018: €20k
2019: €13k▼ -35.2% vs 2018
2020: €22k▲ +72.7% vs 2019
2021: €28k▲ +24.4% vs 2020
2022: €9k▼ -68.9% vs 2021lowest in 8 years
2023: €14k▲ +63.4% vs 2022
2024: €28k▲ +97.5% vs 2023
2025: €34k▲ +24.4% vs 2024highest in 8 years
2018 → 2025
Total assets
€134k▲ 1.6%
2024 · €132k
2018: €94k
2019: €53k▼ -43.6% vs 2018lowest in 8 years
2020: €102k▲ +91.7% vs 2019
2021: €163k▲ +60.2% vs 2020
2022: €170k▲ +4.7% vs 2021
2023: €173k▲ +1.5% vs 2022highest in 8 years
2024: €132k▼ -23.5% vs 2023
2025: €134k▲ +1.6% vs 2024
2018 → 2025
Net result
€7k▼ 50.7%
2024 · €14k
2018: €278
2019: €-7k▼ -2610% vs 2018
2020: €9k▲ +234% vs 2019
2021: €5k▼ -42.0% vs 2020
2022: €-19k▼ -451% vs 2021lowest in 8 years
2023: €5k▲ +129% vs 2022
2024: €14k▲ +151% vs 2023highest in 8 years
2025: €7k▼ -50.7% vs 2024
2018 → 2025
Working capital
€22k
2024 · €-6k
2018: €-7k
2019: €5k▲ +171% vs 2018
2020: €222▼ -95.6% vs 2019
2021: €-22k▼ -9839% vs 2020
2022: €-43k▼ -98.6% vs 2021lowest in 8 years
2023: €-21k▲ +51.1% vs 2022
2024: €-6k▲ +69.8% vs 2023
2025: €22k▲ +454% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€9k▼ 68.9%€14k▲ 63.4%€28k▲ 97.5%€34k▲ 24.4%
2021: €28k
2022: €9k▼ -68.9% vs 2021lowest in 5 years
2023: €14k▲ +63.4% vs 2022
2024: €28k▲ +97.5% vs 2023
2025: €34k▲ +24.4% vs 2024highest in 5 years
Operating result€8k-€-16k€7k€21k▲ 177%€13k▼ 38.2%
2021: €8k
2022: €-16k▼ -295% vs 2021lowest in 5 years
2023: €7k▲ +146% vs 2022
2024: €21k▲ +177% vs 2023highest in 5 years
2025: €13k▼ -38.2% vs 2024
Net result€5k-€-19k€5k€14k▲ 151%€7k▼ 50.7%
2021: €5k
2022: €-19k▼ -451% vs 2021lowest in 5 years
2023: €5k▲ +129% vs 2022
2024: €14k▲ +151% vs 2023highest in 5 years
2025: €7k▼ -50.7% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134k
Fixed assets
€38k ▼ 48.0%
Current assets
€96k ▲ 62.2%
Equity and liabilities €134k
Equity
€34k ▲ 24.4%
Debt
€100k ▼ 4.5%
Debt's share of the balance-sheet total falls from 79.1% to 74.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50k▼
2024 · €55k
Cash flow
€44k▼
2024 · €48k
Current ratio
1.30▲
2024 · 0.90
Quick ratio
0.65▲
2024 · 0.14
Debt to equity
2.90▼
2024 · 3.78
ROE
19.6%▼
2024 · 49.4%
ROA
5.0%▼
2024 · 10.3%
Interest coverage
14.21▼
2024 · 19.91
Debt ≤ 1 year
€74k▲
2024 · €66k
Debt > 1 year
€26k▼
2024 · €39k
Income taxes
€3k▼
2024 · €5k
Staff costs
€50k▼
2024 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€132k€134k▲
Fixed assets21/28€73k€38k▼
Tangible fixed assets22/27€73k€38k▼
Plant, machinery and equipment23€53k€35k▼
Furniture and vehicles24€7k€2k▼
Leasing and similar rights25€12k€558▼
Current assets29/58€60k€96k▲
Stocks and contracts in progress3€50k€49k▼
Stocks30/36€50k€49k▼
Amounts receivable within one year40/41€10k€40k▲
Trade receivables40€2k€40k▲
Other amounts receivable41€8k-
Cash at bank and in hand54/58-€8k
Equity and liabilities
Total equity and liabilities10/49€132k€134k▲
Equity10/15€28k€34k▲
Contributions10/11€19k€19k=
Reserves13€16k€16k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€-7k€-98▲
Amounts payable17/49€105k€100k▼
Amounts payable after more than one year17€39k€26k▼
Financial debts170/4€39k€26k▼
Amounts payable within one year42/48€66k€74k▲
Trade debts44€27k€37k▲
Suppliers440/4€27k€37k▲
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Other amounts payable47/48€37k€32k▼
Income statement
Code20242025
Remuneration, social security and pensions62€51k€50k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€37k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€106k€103k▼
Operating profit (loss)9901€21k€13k▼
Financial income75/76B€398€54▼
Recurring financial income75€398€54▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€18k€9k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€14k€7k▼
Profit (loss) for the period to be appropriated9905€14k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-98▲
Profit (loss) brought forward from the previous period14P€-20k€-7k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €58k | €75k | €65k | €51k | €50k | ▼ 1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €32k | €28k | €34k | €37k | ▲ 9.9% |
| Other operating charges640/8 | €1k | €1k | €535 | €1k | €3k | ▲ 201% |
| Gross operating margin9900 | €90k | €92k | €102k | €106k | €103k | ▼ 3.3% |
| Operating profit (loss)9901 | €8k | €-16k | €7k | €21k | €13k | ▼ 38.2% |
| Financial income75/76B | €287 | €704 | €808 | €398 | €54 | ▼ 86.3% |
| Recurring financial income75 | €287 | €704 | €808 | €398 | €54 | ▼ 86.3% |
| Financial charges65/66B | €3k | €3k | €3k | €3k | €4k | ▲ 28.4% |
| Recurring financial charges65 | €3k | €3k | €3k | €3k | €4k | ▲ 28.4% |
| Profit (loss) for the period before taxes9903 | €6k | €-19k | €6k | €18k | €9k | ▼ 49.2% |
| Income taxes67/77 | €780 | €244 | €181 | €5k | €3k | ▼ 44.8% |
| Profit (loss) for the period9904 | €5k | €-19k | €5k | €14k | €7k | ▼ 50.7% |
| Profit (loss) for the period to be appropriated9905 | €5k | €-19k | €5k | €14k | €7k | ▼ 50.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €163k | €170k | €173k | €132k | €134k | ▲ 1.6% |
| Fixed assets21/28 | €117k | €92k | €75k | €73k | €38k | ▼ 48.0% |
| Tangible fixed assets22/27 | €117k | €92k | €75k | €73k | €38k | ▼ 48.0% |
| Plant, machinery and equipment23 | €43k | €39k | €39k | €53k | €35k | ▼ 34.8% |
| Furniture and vehicles24 | €26k | €16k | €12k | €7k | €2k | ▼ 64.8% |
| Leasing and similar rights25 | €48k | €36k | €24k | €12k | €558 | ▼ 95.5% |
| Current assets29/58 | €46k | €79k | €98k | €60k | €96k | ▲ 62.2% |
| Stocks and contracts in progress3 | €24k | €53k | €53k | €50k | €49k | ▼ 2.4% |
| Stocks30/36 | €20k | €49k | €53k | €50k | €49k | ▼ 2.4% |
| Contracts in progress37 | €5k | €4k | - | - | - | - |
| Amounts receivable within one year40/41 | €19k | €22k | €44k | €10k | €40k | ▲ 321% |
| Trade receivables40 | - | €12k | €32k | €2k | €40k | ▲ 2,246% |
| Other amounts receivable41 | €19k | €10k | €12k | €8k | - | - |
| Cash at bank and in hand54/58 | - | €1k | - | - | €8k | - |
| Deferred charges and accrued income490/1 | €2k | €3k | €1k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €163k | €170k | €173k | €132k | €134k | ▲ 1.6% |
| Equity10/15 | €28k | €9k | €14k | €28k | €34k | ▲ 24.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €16k | €16k | €16k | €16k | €16k | = |
| Non-distributable reserves130/1 | €1k | €1k | €1k | €1k | €1k | = |
| Reserves not available under the articles1311 | €1k | €1k | €1k | €1k | €1k | = |
| Distributable reserves133 | €15k | €15k | €15k | €15k | €15k | = |
| Profit (loss) carried forward14 | €-7k | €-26k | €-20k | €-7k | €-98 | ▲ 98.6% |
| Amounts payable17/49 | €135k | €162k | €159k | €105k | €100k | ▼ 4.5% |
| Amounts payable after more than one year17 | €68k | €40k | €40k | €39k | €26k | ▼ 33.1% |
| Financial debts170/4 | €68k | €40k | €40k | €39k | €26k | ▼ 33.1% |
| Amounts payable within one year42/48 | €67k | €122k | €119k | €66k | €74k | ▲ 12.4% |
| Current portion of amounts payable after more than one year42 | €28k | €28k | - | - | - | - |
| Financial debts43 | €955 | €8k | €9k | - | - | - |
| Credit institutions430/8 | €955 | €8k | €9k | - | - | - |
| Trade debts44 | €9k | €23k | €34k | €27k | €37k | ▲ 35.4% |
| Suppliers440/4 | €9k | €23k | €34k | €27k | €37k | ▲ 35.4% |
| Taxes, remuneration and social security45 | €6k | €3k | €3k | €2k | €5k | ▲ 135% |
| Taxes450/3 | €3k | €1k | €244 | €2k | €5k | ▲ 135% |
| Remuneration and social security454/9 | €3k | €2k | €2k | - | - | - |
| Other amounts payable47/48 | €24k | €59k | €74k | €37k | €32k | ▼ 12.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €-19k | €5k | €14k | €7k | ▼ 50.7% |
| + Depreciation and write-downs630 | €22k | €32k | €28k | €34k | €37k | ▲ 9.9% |
| Operating cash flow (approximation) | €28k | €13k | €34k | €48k | €44k | ▼ 7.5% |
| Investment in fixed assets (approximation) | - | €-7k | €-11k | €-32k | €-2k | ▲ 92.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €14k ▲151%
Operating result €21k, net result €14k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Glabbeek · 1 establishment unit since 2017
Ground area
1,235 m²
Building footprint
317 m²
Volume, LiDAR
2,062 m³
Parcel 24018C0064/00F000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
V&E TECHNICS
since 20172.264.894.471
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24018C0064/00F000 | Flanders | 1,235 m² | 1 · 317 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
3 endedElektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Installateur gebouwenautomatisering duaal (so)
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,147 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43221Plumbing work
43230Insulation installation
43910Bricklaying and masonry work
81300Landscape service activities
Scores and ratios are computed by Checked and are not a credit decision.