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V2TECHNICS

Active
Private limited companyfounded 2011active for 15 yearsMartelaarslaan 230, 9000 Gent, BelgiumKBO/BCE: BE 0840.718.202
Summary

V2TECHNICS has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €748,589 and a net result of €318,743. Equity has been growing by about 24% per year since 2019. Its solvency ranks better than 63% of 367 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 13-10-2011 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 2 others
Joint committee
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 30-06-2022
Establishment unit
2.204.658.164 9870 Zulte, since 08-12-2011
Financial year end
30 June
Peppol
Reachable

Board and ownership

Board

Financial position

96 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-06-2026
Gross margin
€506,281
▲ 58.9%
Turnover
≈ €1.3m
estimated
Profit
€318,743
▲ 59.9%
Equity
€748,589
▲ 19.6%
Total assets
€1.2m
▲ 13.8%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskFigures for financial year 2026 (filed on 13-10-2026)Liquidity: current ratio 2.55, cash €368,901Size: total assets €1.2mShow the evidence

Checked score

Score 2026
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 74% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2025
Strong
Solvency 86+3
equity 60.7% of total assets
Liquidity 73+10
short-term debt 32.4% · cash 29.9%
Profitability 100+8
return on assets 25.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: < 0.1%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: 0.1%▲ +0.1 percentage points 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: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.55 (2.38 in 2025), above the usual 1.5. Short-term debt is 32.4% and cash 29.9% of total assets. 39.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 66% of them on solvency, 72% on liquidity, 92% on profitability and 67% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2026 (filed on 13-10-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.55, cash €368,901
NBB · annual accounts
lowers risk · Size: total assets €1.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 13-10-2026, 110 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
110 days early
2025
1 day early
2024
4 days early
2023
29 days late
2022
28 days late
2021
on the day
2020
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today. The company usually files around 30 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today30-06-2027 year end31-01-2028 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2026, abbreviated format

Annual accounts 2026 filed on 13-10-2026 at the NBB all 14 filings

Turnover
≈ €1.3m
Estimated: probably between €1.1m and €1.7m
Total assets
€1.2m▲ 13.8%
2025 · €1.1m
Net result
€318,743▲ 59.9%
2025 · €199,345
Working capital
€619,067▲ 20.4%
2025 · €514,106
Multi-year overview
2019 to 2026, 8 financial years
Operating result
€472,227
▲ 61.0% 2026
20192026
Net result
€318,743
▲ 59.9% 2026
20192026
Equity
€748,589
▲ 19.6% 2026
20192026
Total assets
€1.2m
▲ 13.8% 2026
20192026
Debt
€485,125
▲ 5.8% 2026
20192026
Working capital
€619,067
▲ 20.4% 2026
20192026
Solvency
60.7%
▲ 3.0pp 2026
20192026
Current ratio
2.55
▲ 0.16 2026
20192026
Return on assets (ROA)
25.8%
▲ 7.5pp 2026
20192026
Staff (FTE)
0
2026
20192026
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result€0.07m-€0.1m▲ 53.8%€0.07m▼ 35.4%€0.1m▲ 28.7%€0.2m▲ 65.5%€0.1m▼ 10.6%€0.3m▲ 109%€0.5m▲ 61.0%
Net result€0.05m-€0.08m▲ 57.1%€0.05mwithin the sector's middle half▼ 37.1%€0.07mwithin the sector's middle half▲ 35.8%€0.1mwithin the sector's middle half▲ 60.3%€0.09mwithin the sector's middle half▼ 12.2%€0.2mabove the sector's middle half▲ 110%€0.3m▲ 59.9%
Equity€0.2m-€0.2m▲ 47.4%€0.3mwithin the sector's middle half▲ 3.8%€0.3mwithin the sector's middle half▲ 19.4%€0.4mwithin the sector's middle half▲ 32.1%€0.5mwithin the sector's middle half▲ 23.6%€0.6mabove the sector's middle half▲ 25.9%€0.7m▲ 19.6%
Total assets€0.4m-€0.5m▲ 41.0%€0.5mwithin the sector's middle half▼ 5.6%€0.7mwithin the sector's middle half▲ 42.3%€0.9mwithin the sector's middle half▲ 22.7%€1.0mwithin the sector's middle half▲ 14.5%€1.1mwithin the sector's middle half▲ 9.5%€1.2m▲ 13.8%
Debt€0.2m-€0.3m▲ 35.9%€0.2m▼ 13.9%€0.4m▲ 66.6%€0.5m▲ 15.6%€0.5m▲ 6.6%€0.5m▼ 7.1%€0.5m▲ 5.8%
Working capital€0.2m-€0.2m▲ 40.6%€0.2mwithin the sector's middle half▼ 7.1%€0.3mwithin the sector's middle half▲ 30.0%€0.3mwithin the sector's middle half▲ 29.8%€0.4mwithin the sector's middle half▲ 28.1%€0.5mabove the sector's middle half▲ 16.3%€0.6m▲ 20.4%
Solvency44.8%-46.8%▲ 2.0pp51.4%within the sector's middle half▲ 4.7pp43.2%within the sector's middle half▼ 8.3pp46.5%within the sector's middle half▲ 3.3pp50.2%within the sector's middle half▲ 3.7pp57.7%within the sector's middle half▲ 7.5pp60.7%▲ 3.0pp
Current ratio2.03-1.95▼ 0.082.00within the sector's middle half▲ 0.051.72within the sector's middle half▼ 0.281.80within the sector's middle half▲ 0.071.99within the sector's middle half▲ 0.192.38within the sector's middle half▲ 0.402.55▲ 0.16
Return on assets (ROA)13.5%-15.0%▲ 1.5pp10.0%within the sector's middle half▼ 5.0pp9.6%within the sector's middle half▼ 0.5pp12.5%within the sector's middle half▲ 2.9pp9.6%within the sector's middle half▼ 2.9pp18.4%above the sector's middle half▲ 8.8pp25.8%▲ 7.5pp
Staff (FTE)1.6-0.6▼ 62.5%0.9below the sector's middle half▲ 50.0%0.7below the sector's middle half▼ 22.2%0.7below the sector's middle half=0below the sector's middle half▼ 100%0below the sector's middle half0
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2026 is 61% higher than in 2025 and the highest since 2022. It is the second rise in a row, after the fall in 2024.

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.2m
Fixed assets €214,309 ▲ 8.0%
Current assets €1.0m ▲ 15.0%
Equity and liabilities €1.2m
Equity €748,589 ▲ 19.6%
Debt €485,125 ▲ 5.8%
Debt's share of the balance-sheet total falls from 42.3% to 39.3%. Equity and debt are higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
€500,612▲
2025 · €314,681
Cash flow
€347,129▲
2025 · €220,741
Quick ratio
2.28▲
2025 · 2.13
Debt to equity
0.65▼
2025 · 0.73
ROE
42.6%▲
2025 · 31.9%
Interest coverage
56.23▲
2025 · 53.67
Debt ≤ 1 year
€400,339▲
2025 · €372,038
Debt > 1 year
€81,508▼
2025 · €86,429
Income taxes
€145,254▲
2025 · €88,689
Staff costs
€449▲
2025 · €293
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item30-06-202230-06-2023
Employees at the balance-sheet date1-
full-time1-
in full-time equivalents1-
Average over the year, in full-time equivalents0.70.7
On a permanent contract1-
Joined10
Left11

Source: social balance sheet in the 2022 to 2023 annual accounts

Securities and guarantees

on own assets and for others
Item30-06-202230-06-202330-06-202430-06-202530-06-2026
Debts secured on the company's own assets€36,733€32,867€29,000--
Mortgages, amount registered€72,500€72,500---
Mortgage mandates--€72,500€72,500€72,500
Carrying value of the mortgaged assets€34,800€30,933€27,067€99,328€92,356
Pledge on the business€20,000€20,000---

Source: notes to the 2022 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item30-06-202230-06-202330-06-202430-06-202530-06-2026
Tangible fixed assets€1,204€33,370€39,729€126,532€44,330
Financial fixed assets----€0
Depreciation and write-downs of the year€16,848€18,448€25,583€21,396€28,386

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2022 to 2023 · 2 entries · €723 awarded · €723 paid
Year Entries AwardedPaid
2023 1 €0€213
2022 1 €723€510
Schemes
2 entries · €723 · €723 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 59 lines
Balance sheet Code20252026
Assets
Total assets20/58€1.1m€1.2m▲
Fixed assets21/28€0.2m€0.2m▲
Tangible fixed assets22/27€0.2m€0.2m▲
Land and buildings22€0.1m€0.1m▼
Plant, machinery and equipment23€0.04m€0.04m▼
Furniture and vehicles24€0.02m€0.02m▼
Leasing and similar rights25-€0.03m
Financial fixed assets28€0.001m€0.001m=
Current assets29/58€0.9m€1.0m▲
Stocks and contracts in progress3€0.1m€0.1m▲
Stocks30/36€0.1m€0.1m▲
Amounts receivable within one year40/41€0.5m€0.5m▼
Trade receivables40€0.5m€0.5m▲
Other amounts receivable41€0.06m€0.05m▼
Cash at bank and in hand54/58€0.2m€0.4m▲
Deferred charges and accrued income490/1€0.003m€0.008m▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.2m▲
Equity10/15€0.6m€0.7m▲
Contributions10/11€0.006m€0.006m=
Reserves13€0.6m€0.7m▲
Distributable reserves133€0.6m€0.7m▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€0.5m€0.5m▲
Amounts payable after more than one year17€0.09m€0.08m▼
Financial debts170/4€0.09m€0.08m▼
Amounts payable within one year42/48€0.4m€0.4m▲
Current portion of amounts payable after more than one year42€0.01m€0.02m▲
Financial debts43€0.008m€0.06m▲
Credit institutions430/8€0.008m€0.06m▲
Other loans439€29€0.001m▲
Trade debts44€0.3m€0.3m▼
Suppliers440/4€0.3m€0.3m▼
Taxes, remuneration and social security45€0.03m€0.02m▼
Taxes450/3€0.03m€0.02m▼
Remuneration and social security454/9€0.002m€0▼
Other amounts payable47/48€105€0.04m▲
Accrued charges and deferred income492/3€192€0.003m▲
Income statement Code20252026
Non-recurring operating income76A€252€0.001m▲
Remuneration, social security and pensions62€293€449▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.03m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.001m€0▲
Other operating charges640/8€0.005m€0.005m▲
Gross operating margin9900€0.3m€0.5m▲
Operating profit (loss)9901€0.3m€0.5m▲
Financial income75/76B€0.001m€0.001m▲
Recurring financial income75€0.001m€0.001m▲
Financial charges65/66B€0.006m€0.009m▲
Recurring financial charges65€0.006m€0.009m▲
Profit (loss) for the period before taxes9903€0.3m€0.5m▲
Income taxes67/77€0.09m€0.1m▲
Profit (loss) for the period9904€0.2m€0.3m▲
Profit (loss) for the period to be appropriated9905€0.2m€0.3m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.3m▲
Transfer from equity791/2€0.07m€0.2m▲
Transfer to equity691/2€0.2m€0.3m▲
To other reserves6921€0.2m€0.3m▲
Profit to be distributed694/7€0.07m€0.2m▲
Return on contributions (dividend)694€0.07m€0.2m▲
Social balance sheet
Average headcount (FTE)90870.00.0=

The notes to these accounts have 18 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 13-10-2026.

Line20192020202120222023202420252026Change
Non-recurring operating income76A------€252€1,000▲ 297%
Remuneration, social security and pensions62---€32,029€33,612-€1,790€293€449▲ 53.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,831€17,644€20,142€16,848€18,448€25,583€21,396€28,386▲ 32.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-----€1,351-€1,351€0-
Other operating charges640/8---€6,556€4,023€2,891€4,947€5,219▲ 5.5%
Gross operating margin9900€167,543€160,838€138,268€150,453€213,358€168,672€318,570€506,281▲ 58.9%
Operating profit (loss)9901€74,362€114,364€73,832€95,020€157,275€140,637€293,285€472,227▲ 61.0%
Financial income75/76B---€432€55€251€611€674▲ 10.2%
Recurring financial income75€302€64€62€432€55€251€611€674▲ 10.2%
Financial charges65/66B---€1,938€4,222€6,846€5,863€8,903▲ 51.9%
Recurring financial charges65€3,247€3,291€2,831€1,938€4,222€6,846€5,863€8,903▲ 51.9%
Profit (loss) for the period before taxes9903€71,416€111,138€71,063€93,515€153,108€134,043€288,033€463,997▲ 61.1%
Income taxes67/77€21,194€32,218€21,418€26,076€45,013€39,141€88,689€145,254▲ 63.8%
Profit (loss) for the period9904€50,222€78,920€49,645€67,439€108,095€94,901€199,345€318,743▲ 59.9%
Profit (loss) for the period to be appropriated9905€50,222€78,920€67,395€67,439€108,095€94,901€199,345€318,743▲ 59.9%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€0.4m€0.5m€0.5m€0.7m€0.9m€1.0m€1.1m€1.2m▲ 13.8%
Fixed assets21/28€0.06m€0.07m€0.09m€0.07m€0.09m€0.1m€0.2m€0.2m▲ 8.0%
Tangible fixed assets22/27€0.06m€0.07m€0.09m€0.07m€0.09m€0.1m€0.2m€0.2m▲ 8.1%
Land and buildings22---€0.04m€0.03m€0.03m€0.1m€0.1m▼ 5.4%
Plant, machinery and equipment23---€0.005m€0.004m€0.04m€0.04m€0.04m▼ 16.5%
Furniture and vehicles24---€0.03m€0.05m€0.03m€0.02m€0.02m▼ 7.4%
Leasing and similar rights25-------€0.03m-
Financial fixed assets28€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m=
Current assets29/58€0.3m€0.5m€0.4m€0.6m€0.8m€0.9m€0.9m€1.0m▲ 15.0%
Stocks and contracts in progress3€0.02m€0.04m€0.03m€0.07m€0.07m€0.09m€0.1m€0.1m▲ 10.5%
Stocks30/36---€0.06m€0.07m€0.09m€0.1m€0.1m▲ 10.5%
Contracts in progress37---€0.008m€0----
Amounts receivable within one year40/41€0.1m€0.2m€0.2m€0.3m€0.4m€0.5m€0.5m€0.5m▼ 0.2%
Trade receivables40---€0.3m€0.4m€0.4m€0.5m€0.5m▲ 0.9%
Other amounts receivable41---€0.04m€0.04m€0.05m€0.06m€0.05m▼ 9.5%
Cash at bank and in hand54/58€0.1m€0.1m€0.2m€0.3m€0.3m€0.3m€0.2m€0.4m▲ 48.2%
Deferred charges and accrued income490/1---€0.006m€0.005m€0.006m€0.003m€0.008m▲ 129%
Equity and liabilities
Total equity and liabilities10/49€0.4m€0.5m€0.5m€0.7m€0.9m€1.0m€1.1m€1.2m▲ 13.8%
Equity10/15€0.2m€0.2m€0.3m€0.3m€0.4m€0.5m€0.6m€0.7m▲ 19.6%
Contributions10/11€0.006m€0.006m-€0.006m€0.006m€0.006m€0.006m€0.006m=
Reserves13€0.2m€0.2m€0.2m€0.3m€0.4m€0.5m€0.6m€0.7m▲ 19.8%
Non-distributable reserves130/1---€0.002m€0.002m€0---
Reserves not available under the articles1311---€0.002m€0.002m€0---
Distributable reserves133---€0.3m€0.4m€0.5m€0.6m€0.7m▲ 19.8%
Profit (loss) carried forward14----€0€0€0€0-
Amounts payable17/49€0.2m€0.3m€0.2m€0.4m€0.5m€0.5m€0.5m€0.5m▲ 5.8%
Amounts payable after more than one year17€0.05m€0.05m€0.04m€0.03m€0.03m€0.03m€0.09m€0.08m▼ 5.7%
Financial debts170/4---€0.03m€0.03m€0.03m€0.09m€0.08m▼ 5.7%
Amounts payable within one year42/48€0.2m€0.2m€0.2m€0.4m€0.4m€0.4m€0.4m€0.4m▲ 7.6%
Current portion of amounts payable after more than one year42---€0.004m€0.004m€0.004m€0.01m€0.02m▲ 45.1%
Financial debts43---€0.01m€0.01m€10€0.008m€0.06m▲ 662%
Credit institutions430/8---€0.01m€0.01m€0€0.008m€0.06m▲ 653%
Other loans439----€10€10€29€0.001m▲ 35×
Trade debts44€0.1m€0.2m€0.1m€0.3m€0.3m€0.4m€0.3m€0.3m▼ 20.1%
Suppliers440/4---€0.3m€0.3m€0.4m€0.3m€0.3m▼ 20.1%
Taxes, remuneration and social security45---€0.01m€0.03m€0.01m€0.03m€0.02m▼ 41.8%
Taxes450/3---€0.005m€0.02m€0.008m€0.03m€0.02m▼ 37.5%
Remuneration and social security454/9---€0.007m€0.005m€0.002m€0.002m€0▼ 100%
Other amounts payable47/48---€0.02m€0.06m€0.06m€105€0.04m▲ 416×
Accrued charges and deferred income492/3---€13€170€0.02m€192€0.003m▲ 17×
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€50,222€78,920€49,645€67,439€108,095€94,901€199,345€318,743▲ 59.9%
+ Depreciation and write-downs630€13,831€17,644€20,142€16,848€18,448€25,583€21,396€28,386▲ 32.7%
Operating cash flow (approximation)€64,053€96,564€69,787€84,287€126,543€120,484€220,741€347,129▲ 57.3%
Investment in fixed assets (approximation)--€27,632-€33,329-€1,204-€33,370-€39,729-€119,284-€44,330▲ 62.8%
Change in cash-€47,379€18,053€103,620€5,056€77,586-€97,856€120,018-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 17,811 companies had the same profile as V2TECHNICS has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.5% was still going
3.1% stopped otherwise
0.3% went bankrupt

That fits the bankruptcy probability of V2TECHNICS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,811 companies, not a prediction for V2TECHNICS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference Document
30-06-2026 abbreviated format 13-10-2026 2026-00554843 PDF
30-06-2025 abbreviated format 30-01-2026 2026-00021283 PDF
30-06-2024 abbreviated format 27-01-2025 2025-00010763 PDF
30-06-2023 abbreviated format 29-02-2024 2024-00036633 PDF
30-06-2022 abbreviated format 28-02-2023 2023-00032489 PDF
30-06-2021 abbreviated format 31-01-2022 2022-02900078 PDF
30-06-2020 abbreviated format 29-01-2021 2021-02500284 PDF
30-06-2019 abbreviated format 06-02-2020 2020-04500166 PDF
30-06-2018 micro format 31-01-2019 2019-03200007 PDF
30-06-2017 micro format 31-01-2018 2018-03100043 PDF

Show all 14 filings

Board & ownership

Directors

Directors
1 director, last change in 2023
Vanwynsberghe Vincent
Director (not named in the articles) · since 21-10-2011 · earlier manager, until 05-12-2023 · term without a fixed end · listed in the 2026 annual accounts, filed on 13-10-2026
Current

Owners and capital

Capital transactions

Capital over time
  1. 05-12-2023 Converted to unavailable equity

Mandate history

1 person, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Vanwynsberghe Vincent
  • Manager, until 05-12-2023
  • Director (not named in the articles), appointed in the act of 05-12-2023, still in office
See the board, name and registered office on a given date →

Network & group

V2TECHNICS shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of V2TECHNICS. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2027 accounts: 31-01-2028
2026
13-10
NBB filing Annual accounts 2026 filedNBB
abbreviated format · 110 days before the deadline
30-06
Financial Highest result from 2019 to 2026net €318,743 ▲59.9%
The operating result of €472,227 and the net result of €318,743 are both a record.
10-02
Gazette deed Registered office moved from Deerlijk to Gent
New seat: 9000 Gent, Martelaarslaan 230 · Previous seat: 8540 Deerlijk, Kortrijkse heerweg 117B2 points ▸
  • Board meeting, 07-07-2025
  • Registered-office move, 9000 Gent, Martelaarslaan 230

Open the act in the Belgian Official Gazette

30-01
NBB filing Annual accounts 2025 filedPDF
abbreviated format · 1 day before the deadline
2025
30-06
Financial Equity above €500,000equity €625,850 ▲25.9%
With a profit in every financial year since 2019, equity grows to €625,850.
27-01
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 4 days before the deadline
2024
29-02
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 29 days late
2023
05-12
Gazette deed Change of role: Vanwynsberghe Vincent, from manager to director
Amendment of the articles · Capital conversion · Reserve release9 points ▸
  • General meeting, 30-11-2023
  • Amendment of the articles, mentioned 2 times in the deed
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “beschikbaar voor uitkering, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Purpose change
  • Director resignation, Vanwynsberghe Vincent (manager)
  • Director appointment, Vanwynsberghe Vincent (director (not named in the articles))
  • Other provision, “kwijting ontslagnemende zaakvoerder(s), uitgesteld tot volgende jaarvergadering” (deed in Dutch)
  • Registered office clause, “Deerlijk, Kortrijkse heerweg 117 B” (deed in Dutch)

Open the act in the Belgian Official Gazette

28-02
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 28 days late
2022
31-01
NBB filing Annual accounts 2021 filedPDF
abbreviated format · on the deadline day
2021
30-06
Financial Weakest financial yearnet €49,645 ▼37.1%
The net result drops to €49,645, the lowest from 2019 to 2026. It recovers the following year.
29-01
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 2 days before the deadline
Show earlier events
2020
30-06
Financial Equity above €200,000equity €245,488 ▲47.4%
With a profit in every financial year since 2019, equity grows to €245,488.
06-02
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 6 days late
2019
31-01
NBB filing Annual accounts 2018 filedPDF
micro format · on the deadline day
2018
31-01
NBB filing Annual accounts 2017 filedPDF
micro format · on the deadline day
2011
18-11
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 13 October 2011, V2TECHNICS was incorporated.1 In 2026 the registered office moved to Gent.2 Total assets went from €372,054 in 2019 to €1.2m in 2026 and headcount from 1.6 full-time equivalents in 2019 to 0.7 in 2023.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 10-02-2026
  3. 3National Bank, annual accounts 2019, 2023 and 2026

Company details

Register details

Identity

KBO record
Name V2TECHNICS in Dutch
Enterprise number 0840.718.202
Legal form Private limited company
Status Active, normale toestand
Founded 13-10-2011
Entity type Legal entity

Registered office and establishments

Registered office Martelaarslaan 230, 9000 Gent, Belgium
1 former office
  • 8540 Deerlijk until 16-04-2025 · act of 10-02-2026
Establishment unit V2TECHNICS, Karreweg 17, 9870 Zulte since 08-12-2011 · unit number 2.204.658.164
E-mail vincent@v2technics.beZulte

Activities

NACEBEL 2025
VAT activities
43222 Installation of electric heating, air conditioning, cooling and ventilation main activity
43211 General electrical installation work
Social security (RSZ) activities
33200 Installation of industrial machinery and equipment main activity
Codes under NACEBEL 2008
43222 Specialised construction activities main activity
43211 Specialised construction activities
Joint committee 149.01 Paritair Subcomité voor de elektriciens: installatie en distributie annual accounts 30-06-2022

Invoicing and payment

VAT number BE 0840.718.202
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0840718202
Other Peppol ID 9925:BE0840718202

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0840.718.202

Financial year and general meeting

Accounts at the NBB
Financial year end 30-06

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the addresses

Ground area
9,628 m²
Building footprint
5,309 m²
Building volume
48,966 m³
Tallest building: 22.3 m.
Cadastral parcel Region Area Buildings Height / floors
44081C0473/00H002 Flanders 9,258 m² 1 · 4,939 m² 9.6 m · 3
44806F0622/00A021 Flanders 370 m² 1 · 370 m² 22.3 m · 6