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VA Technics

Active
Private limited companyfounded 199134 yrs activeGegelaarsdreef 7, 9880 Aalter, BelgiumKBO/BCE: BE 0445.829.915
Summary

VA Technics has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €362k and a net result of €21k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 88% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability75▼-2
Solvency100▲+15
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 1.26 in 2024; short-term debt: 16.7% and cash: 18.7% of total assets), and 20.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
highest failure risk from 2 to 8 years 34 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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
79.3%
Return on assets
4.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
29 d late
2023
28 d early
2022
20 d early
2021
20 d early
2020
24 d late
2019
25 d early
← 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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 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

History

VA Technics was incorporated on 28 November 1991.1 Total assets rose from EUR 335,053 in 2018 to EUR 456,250 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Financials · fiscal year 2025, abbreviated schema

Equity
€362k▼ 6.6%
2024 · €387k
Total assets
€456k▼ 29.6%
2024 · €648k
Net result
€21k▼ 49.7%
2024 · €42k
Working capital
€94k▲ 50.1%
2024 · €62k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€49k▼ 41.6%€48k▼ 1.2%€59k▲ 22.3%€60k▲ 2.5%€31k▼ 47.9%
Net result€36k▼ 36.5%€33k▼ 7.1%€41k▲ 23.7%€42k▲ 2.8%€21k▼ 49.7%
Equity€330k▼ 3.9%€363k▲ 10.1%€404k▲ 11.3%€387k▼ 4.0%€362k▼ 6.6%
Total assets€478k▲ 17.0%€456k▼ 4.7%€464k▲ 1.8%€648k▲ 39.8%€456k▼ 29.6%
Debt€148k▲ 126%€93k▼ 37.3%€60k▼ 35.4%€261k▲ 335%€94k▼ 63.9%
Working capital€57k▼ 83.3%€98k▲ 70.9%€167k▲ 71.5%€62k▼ 62.8%€94k▲ 50.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €49k€49kNet result 2021: €36k€36kOperating result 2022: €48k€48kNet result 2022: €33k€33kOperating result 2023: €59k€59kNet result 2023: €41k€41kOperating result 2024: €60k€60kNet result 2024: €42k€42kOperating result 2025: €31k€31kNet result 2025: €21k€21k20212022202320242025€0€20k€40k€60kOperating result 2023: €59k€59kNet result 2023: €41k€41kOperating result 2024: €60k€60kNet result 2024: €42k€42kOperating result 2025: €31k€31kNet result 2025: €21k€21k202320242025
The operating result falls in 2025; 2025 is 48% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €456k
Fixed assets €286k ▼ 17.5%
Current assets €170k ▼ 43.6%
Equity and liabilities €456k
Equity €362k ▼ 6.6%
Debt €94k ▼ 63.9%
Debt's share of the balance-sheet total falls from 40.3% to 20.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€92k▼
2024 · €94k
Cash flow
€82k▲
2024 · €76k
Current ratio
2.23▲
2024 · 1.26
Quick ratio
2.02▲
2024 · 1.20
Debt to equity
0.26▼
2024 · 0.67
ROE
5.9%▼
2024 · 10.9%
ROA
4.6%▼
2024 · 6.5%
Interest coverage
60.09▲
2024 · 47.67
Debt ≤ 1 year
€76k▼
2024 · €239k
Debt > 1 year
€18k▼
2024 · €22k
Income taxes
€9k▼
2024 · €17k
Staff costs
€607▲
2024 · €145
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€648k€456k▼
Fixed assets21/28€347k€286k▼
Tangible fixed assets22/27€347k€286k▼
Land and buildings22€201k€197k▼
Furniture and vehicles24€146k€89k▼
Current assets29/58€301k€170k▼
Stocks and contracts in progress3€15k€16k▲
Stocks30/36€15k€16k▲
Amounts receivable within one year40/41€239k€68k▼
Trade receivables40€190k€41k▼
Other amounts receivable41€48k€26k▼
Cash at bank and in hand54/58€46k€85k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€648k€456k▼
Equity10/15€387k€362k▼
Contributions10/11€6k€6k=
Reserves13€381k€356k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€379k€354k▼
Amounts payable17/49€261k€94k▼
Amounts payable after more than one year17€22k€18k▼
Financial debts170/4€22k€18k▼
Amounts payable within one year42/48€239k€76k▼
Current portion of amounts payable after more than one year42€4k€4k▲
Financial debts43€9k€9k▼
Credit institutions430/8€9k€9k▼
Trade debts44€159k€9k▼
Suppliers440/4€159k€9k▼
Advances received on contracts in progress46€5k-
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€869€2k▲
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€58k€49k▼
Income statement Code20242025
Remuneration, social security and pensions62€145€607▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€61k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€96k€95k▼
Operating profit (loss)9901€60k€31k▼
Financial income75/76B€687€350▼
Recurring financial income75€687€350▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€59k€30k▼
Income taxes67/77€17k€9k▼
Profit (loss) for the period9904€42k€21k▼
Profit (loss) for the period to be appropriated9905€42k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€21k▼
Transfer from equity791/2€58k€47k▼
Transfer to equity691/2€42k€21k▼
To other reserves6921€42k€21k▼
Profit to be distributed694/7€58k€47k▼
Return on contributions (dividend)694€58k€47k▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€4k€774€84€145€607▲ 320%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€34k€29k€33k€61k▲ 81.8%
Other operating charges640/8€2k€4k€2k€2k€2k▲ 33.6%
Gross operating margin9900€87k€87k€90k€96k€95k▼ 0.4%
Operating profit (loss)9901€49k€48k€59k€60k€31k▼ 47.9%
Financial income75/76B€60€75€318€687€350▼ 49.1%
Recurring financial income75€60€75€318€687€350▼ 49.1%
Financial charges65/66B€2k€1k€2k€2k€2k▼ 21.9%
Recurring financial charges65€2k€1k€2k€2k€2k▼ 21.9%
Profit (loss) for the period before taxes9903€46k€47k€57k€59k€30k▼ 48.8%
Income taxes67/77€11k€14k€16k€17k€9k▼ 46.6%
Profit (loss) for the period9904€36k€33k€41k€42k€21k▼ 49.7%
Profit (loss) for the period to be appropriated9905€36k€33k€41k€42k€21k▼ 49.7%
Line20212022202320242025Change
Assets
Total assets20/58€478k€456k€464k€648k€456k▼ 29.6%
Fixed assets21/28€306k€295k€266k€347k€286k▼ 17.5%
Tangible fixed assets22/27€306k€295k€266k€347k€286k▼ 17.5%
Land and buildings22€219k€209k€205k€201k€197k▼ 1.9%
Plant, machinery and equipment23€242-----
Furniture and vehicles24€87k€86k€61k€146k€89k▼ 39.1%
Current assets29/58€172k€161k€197k€301k€170k▼ 43.6%
Stocks and contracts in progress3€12k€12k€15k€15k€16k▲ 3.0%
Stocks30/36€12k€12k€15k€15k€16k▲ 3.0%
Amounts receivable within one year40/41€82k€80k€38k€239k€68k▼ 71.7%
Trade receivables40€60k€35k€28k€190k€41k▼ 78.4%
Other amounts receivable41€23k€45k€10k€48k€26k▼ 45.3%
Cash at bank and in hand54/58€77k€65k€143k€46k€85k▲ 85.7%
Deferred charges and accrued income490/1€576€3k€2k€2k€2k▼ 11.3%
Equity and liabilities
Total equity and liabilities10/49€478k€456k€464k€648k€456k▼ 29.6%
Equity10/15€330k€363k€404k€387k€362k▼ 6.6%
Contributions10/11€6k€6k€6k€6k€6k=
Reserves13€323k€357k€398k€381k€356k▼ 6.7%
Non-distributable reserves130/1€2k€2k€2k€2k€2k=
Reserves not available under the articles1311€2k€2k€2k€2k€2k=
Distributable reserves133€321k€355k€396k€379k€354k▼ 6.7%
Amounts payable17/49€148k€93k€60k€261k€94k▼ 63.9%
Amounts payable after more than one year17€34k€30k€30k€22k€18k▼ 18.1%
Financial debts170/4€34k€30k€30k€22k€18k▼ 18.1%
Amounts payable within one year42/48€115k€63k€30k€239k€76k▼ 68.1%
Current portion of amounts payable after more than one year42€4k€4k-€4k€4k▲ 1.5%
Financial debts43€12k€12k€9k€9k€9k▼ 0.4%
Credit institutions430/8€12k€12k€9k€9k€9k▼ 0.4%
Trade debts44€10k€5k€5k€159k€9k▼ 94.0%
Suppliers440/4€10k€5k€5k€159k€9k▼ 94.0%
Advances received on contracts in progress46€4k--€5k--
Taxes, remuneration and social security45€32k€3k€4k€4k€5k▲ 39.1%
Taxes450/3€29k€3k€4k€869€2k▲ 176%
Remuneration and social security454/9€2k--€3k€3k=
Other amounts payable47/48€53k€39k€12k€58k€49k▼ 16.8%
Line20212022202320242025Change
Profit (loss) for the period9904€36k€33k€41k€42k€21k▼ 49.7%
+ Depreciation and write-downs630€33k€34k€29k€33k€61k▲ 81.8%
Operating cash flow (approximation)€69k€67k€70k€76k€82k▲ 8.5%
Investment in fixed assets (approximation)-€-23k€0€-114k€0▲ 100%
Change in cash-€-12k€78k€-97k€39k▲ 140%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial Weakest financial yearnet €21k ▼49.7%
Net result drops to €21k, the lowest in the series.
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
03-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Liquidity triplescurrent ratio 6.57
Current ratio from 2.55 to 6.57; short-term debt falls from €63k to €30k.
11-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
06-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
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.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Aalter · 2 establishment units since 1992
seat establishment All 2 establishment units on the map
Ground area
3,853 m²
Building footprint
271 m²
Volume, LiDAR
1,232 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
2 establishment units
VA Technics
Gegelaarsdreef 7, 9880 AalterNACE 5010101
since 19922.055.845.714
Total Latem
Kortrijksesteenweg 4, 9830 Sint-Martens-LatemNACE 50500
since 19982.163.115.638
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44502C0874/00Y000 Flanders 2,508 m² 1 · 198 m² 8.3 m · 2 fl.
44064B0610/00C000 Flanders 1,345 m² 1 · 73 m² 5.0 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 to 2023 · 2 entries · 143 EUR awarded · 143 EUR paid
Year Entries awardedpaid
2023 1 83 EUR143 EUR
2022 1 60 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 143 EUR · 143 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Sint-Martens-Latem2.163.115.638
1 permission
Toelating · Detailhandel · since 14-06-2024

Similar companies · same sector, comparable size

Of 1,265 companies in sector 47300 we hold annual accounts for 948. 715 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
Founded28-11-1991
Fiscal year end31-12
Activities, NACEBEL 2025
47300Retail sale of automotive fuel
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)

Scores and ratios are computed by Checked and are not a credit decision.