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V2TECHNICS

Active
Private limited companyfounded 201114 yrs activeMartelaarslaan 230, 9000 Gent, BelgiumKBO/BCE: BE 0840.718.202

V2TECHNICS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €626k and a net result of €199k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 66% of 7673 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
100 / 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+5
Solvency98▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 2.38 against 1.99 in 2024), and 42.3% 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 riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← 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 2025
Solvency, return and age of the figures
Solvency
57.7%
Return on assets
18.4%
Age of the figures
14 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
4 d early
2023
29 d late
2022
28 d late
2021
on the day
2020
2 d early
2019
6 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close12-09-2026 today31-01-2027 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

Financials · fiscal year 2025, abbreviated schema

Equity
€626k▲ 25.9%
2024 · €497k
2019: €167k 2020: €245k 2021: €255k 2022: €304k 2023: €402k 2024: €497k
2019 → 2025
Total assets
€1.08M▲ 9.5%
2024 · €991k
2019: €372k 2020: €525k 2021: €495k 2022: €705k 2023: €865k 2024: €991k
2019 → 2025
Net result
€199k▲ 110%
2024 · €95k
2019: €50k 2020: €79k 2021: €50k 2022: €67k 2023: €108k 2024: €95k
2019 → 2025
Working capital
€514k▲ 16.3%
2024 · €442k
2019: €157k 2020: €220k 2021: €204k 2022: €266k 2023: €345k 2024: €442k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€255k-€304k▲ 19.4%€402k▲ 32.1%€497k▲ 23.6%€626k▲ 25.9%
Operating result€74k-€95k▲ 28.7%€157k▲ 65.5%€141k▼ 10.6%€293k▲ 109%
Net result€50k-€67k▲ 35.8%€108k▲ 60.3%€95k▼ 12.2%€199k▲ 110%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2021: €74k€74kNet result 2021: €50k€50kOperating result 2022: €95k€95kNet result 2022: €67k€67kOperating result 2023: €157k€157kNet result 2023: €108k€108kOperating result 2024: €141k€141kNet result 2024: €95k€95kOperating result 2025: €293k€293kNet result 2025: €199k€199k20212022202320242025
The operating result recovers in 2025; 2025 is 109% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.08M
Fixed assets €198k▲ 97.4%
Current assets €886k▼ 0.5%
Equity and liabilities €1.08M
Equity €626k▲ 25.9%
Debt €459k▼ 7.1%
The debt ratio falls from 49.8% to 42.3%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€315k
2024 · €166k
Cash flow
€221k
2024 · €120k
Solvency
57.7%
2024 · 50.2%
Current ratio
2.38
2024 · 1.99
Quick ratio
2.13
2024 · 1.80
Debt / equity
0.73
2024 · 0.99
ROE
31.9%
2024 · 19.1%
ROA
18.4%
2024 · 9.6%
Interest coverage
53.67
2024 · 24.28
Debt
€459k
2024 · €494k
Debt ≤ 1 year
€372k
2024 · €448k
Debt > 1 year
€86k
2024 · €25k
Income taxes
€89k
2024 · €39k
Staff costs
€293
2024 · €-2k
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€991k€1.08M
Fixed assets21/28€100k€198k
Tangible fixed assets22/27€99k€197k
Land and buildings22€29k€134k
Plant, machinery and equipment23€38k€45k
Furniture and vehicles24€33k€19k
Financial fixed assets28€1k€1k=
Current assets29/58€890k€886k
Stocks and contracts in progress3€85k€95k
Stocks30/36€85k€95k
Amounts receivable within one year40/41€452k€539k
Trade receivables40€399k€483k
Other amounts receivable41€53k€56k
Cash at bank and in hand54/58€347k€249k
Deferred charges and accrued income490/1€6k€3k
Equity and liabilities
Total equity and liabilities10/49€991k€1.08M
Equity10/15€497k€626k
Contributions10/11€6k€6k=
Reserves13€491k€620k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€491k€620k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€494k€459k
Amounts payable after more than one year17€25k€86k
Financial debts170/4€25k€86k
Amounts payable within one year42/48€448k€372k
Current portion of amounts payable after more than one year42€4k€14k
Financial debts43€10€8k
Credit institutions430/8€0€8k
Other loans439€10€29
Trade debts44€374k€314k
Suppliers440/4€374k€314k
Taxes, remuneration and social security45€10k€35k
Taxes450/3€8k€32k
Remuneration and social security454/9€2k€2k
Other amounts payable47/48€61k€105
Accrued charges and deferred income492/3€20k€192
Income statement Code20242025
Non-recurring operating income76A-€252
Remuneration, social security and pensions62€-2k€293
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€21k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€-1k
Other operating charges640/8€3k€5k
Gross operating margin9900€169k€319k
Operating profit (loss)9901€141k€293k
Financial income75/76B€251€611
Recurring financial income75€251€611
Financial charges65/66B€7k€6k
Recurring financial charges65€7k€6k
Profit (loss) for the period before taxes9903€134k€288k
Income taxes67/77€39k€89k
Profit (loss) for the period9904€95k€199k
Profit (loss) for the period to be appropriated9905€95k€199k
Appropriation of the result
Profit (loss) to be appropriated9906€95k€199k
Transfer from equity791/2€0€70k
Transfer to equity691/2€95k€199k
To other reserves6921€95k€199k
Profit to be distributed694/7€0€70k
Return on contributions (dividend)694€0€70k
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial Highest result since 2019net €199k ▲110%
Operating result €293k, net result €199k, both a record.
30-06
Financial Equity above €500kEq €626k ▲25.9%
7 profitable years in a row build equity to €626k.
27-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-02
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
28-02
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial Weakest financial yearnet €50k ▼37.1%
Net result drops to €50k, the lowest in the series; recovery starts the following year.
29-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial Equity above €200kEq €245k ▲47.4%
2 profitable years in a row build equity to €245k.
06-02
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 6 days late
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Gent · 1 establishment unit since 2011
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.

Martelaarslaan 2309000 Gent
Ground area
9,628 m²
Building footprint
5,309 m²
Volume, LiDAR
48,966 m³
2 parcels, Flanders · tallest building 22.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
V2TECHNICS
Karreweg 17, 9870 ZulteGeneral electrical installation work
since 20112.204.658.164
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44081C0473/00H002 Flanders 9,258 m² 1 · 4,939 m² 9.6 m · 3 fl.
44806F0622/00A021 Flanders 370 m² 1 · 370 m² 22.3 m · 6 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,221 companies in sector 33200 we hold annual accounts for 675. 424 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-10-2011
Fiscal year end30-06
Activities, NACEBEL
33200Installation of industrial machinery and equipment
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.