VA Technics
ActiveSummary
VA Technics has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106k and a net result of €36k. Equity is growing by ~28.2% per year across the filed fiscal years. Its solvency ranks better than 48% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability88▲+7
Solvency70▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.45 in 2023; short-term debt: 20.3% and cash: 10.6% of total assets), but 54.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
41 d early
2022
49 d early
2021
31 d early
2020
26 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€106k▲ 24.3%
2023 · €86k
2018: €36k
2019: €29k▼ -19.3% vs 2018lowest in 7 years
2020: €34k▲ +18.5% vs 2019
2021: €45k▲ +31.2% vs 2020
2022: €67k▲ +49.8% vs 2021
2023: €86k▲ +28.2% vs 2022
2024: €106k▲ +24.3% vs 2023highest in 7 years
2018 → 2024
Total assets
€236k▲ 8.6%
2023 · €217k
2018: €116k
2019: €89k▼ -23.5% vs 2018lowest in 7 years
2020: €235k▲ +164% vs 2019
2021: €225k▼ -4.0% vs 2020
2022: €210k▼ -6.8% vs 2021
2023: €217k▲ +3.3% vs 2022
2024: €236k▲ +8.6% vs 2023highest in 7 years
2018 → 2024
Net result
€36k▲ 75.2%
2023 · €20k
2018: €2k
2019: €-7k▼ -422% vs 2018lowest in 7 years
2020: €5k▲ +177% vs 2019
2021: €11k▲ +99.7% vs 2020
2022: €22k▲ +109% vs 2021
2023: €20k▼ -7.8% vs 2022
2024: €36k▲ +75.2% vs 2023highest in 7 years
2018 → 2024
Working capital
€33k▲ 72.7%
2023 · €19k
2018: €9k
2019: €14k▲ +56.9% vs 2018
2020: €-24k▼ -267% vs 2019lowest in 7 years
2021: €-22k▲ +8.2% vs 2020
2022: €4k▲ +117% vs 2021
2023: €19k▲ +426% vs 2022
2024: €33k▲ +72.7% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€34k-€45k▲ 31.2%€67k▲ 49.8%€86k▲ 28.2%€106k▲ 24.3%
2020: €34klowest in 5 years
2021: €45k▲ +31.2% vs 2020
2022: €67k▲ +49.8% vs 2021
2023: €86k▲ +28.2% vs 2022
2024: €106k▲ +24.3% vs 2023highest in 5 years
Operating result€10k-€17k▲ 66.5%€35k▲ 105%€35k▼ 0.7%€56k▲ 60.6%
2020: €10klowest in 5 years
2021: €17k▲ +66.5% vs 2020
2022: €35k▲ +105% vs 2021
2023: €35k▼ -0.7% vs 2022
2024: €56k▲ +60.6% vs 2023highest in 5 years
Net result€5k-€11k▲ 99.7%€22k▲ 109%€20k▼ 7.8%€36k▲ 75.2%
2020: €5klowest in 5 years
2021: €11k▲ +99.7% vs 2020
2022: €22k▲ +109% vs 2021
2023: €20k▼ -7.8% vs 2022
2024: €36k▲ +75.2% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 61% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €236k
Fixed assets
€155k ▼ 0.6%
Current assets
€81k ▲ 31.9%
Equity and liabilities €236k
Equity
€106k ▲ 24.3%
Debt
€129k ▼ 1.6%
Debt's share of the balance-sheet total falls from 60.5% to 54.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€69k▲
2023 · €47k
Cash flow
€49k▲
2023 · €32k
Current ratio
1.69▲
2023 · 1.45
Debt to equity
1.22▼
2023 · 1.53
ROE
33.7%▲
2023 · 23.9%
ROA
15.2%▲
2023 · 9.4%
Interest coverage
14.49▲
2023 · 8.60
Debt ≤ 1 year
€48k▲
2023 · €42k
Debt > 1 year
€81k▼
2023 · €89k
Income taxes
€16k▲
2023 · €9k
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 · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€217k€236k▲
Formation expenses20€0€0=
Fixed assets21/28€155k€155k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€155k€155k▼
Land and buildings22€138k€139k▲
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€7k€8k▲
Other tangible fixed assets26€6k€4k▼
Current assets29/58€61k€81k▲
Amounts receivable within one year40/41€41k€53k▲
Trade receivables40€37k€53k▲
Other amounts receivable41€4k€7▼
Cash at bank and in hand54/58€17k€25k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€217k€236k▲
Equity10/15€86k€106k▲
Contributions10/11€8k€20k▲
Reserves13€78k€86k▲
Distributable reserves133€78k€86k▲
Amounts payable17/49€131k€129k▼
Amounts payable after more than one year17€89k€81k▼
Financial debts170/4€89k€81k▼
Amounts payable within one year42/48€42k€48k▲
Current portion of amounts payable after more than one year42€8k€8k▼
Trade debts44€7k€6k▼
Suppliers440/4€7k€6k▼
Taxes, remuneration and social security45€10k€24k▲
Taxes450/3€10k€24k▲
Other amounts payable47/48€17k€11k▼
Income statement
Code20232024
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€264-
Gross operating margin9900€49k€70k▲
Operating profit (loss)9901€35k€56k▲
Financial income75/76B€2€26▲
Recurring financial income75€2€26▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€30k€51k▲
Income taxes67/77€9k€16k▲
Profit (loss) for the period9904€20k€36k▲
Profit (loss) for the period to be appropriated9905€20k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€36k▲
Transfer from equity791/2-€27k
Transfer to equity691/2€19k€36k▲
To other reserves6921€19k€36k▲
Profit to be distributed694/7€2k€27k▲
Return on contributions (dividend)694€2k€27k▲
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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2k | €2k | - | - |
| Remuneration, social security and pensions62 | - | €740 | €523 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29k | €21k | €12k | €12k | €13k | ▲ 13.0% |
| Other operating charges640/8 | - | €1k | €2k | €2k | €1k | ▼ 48.7% |
| Non-recurring operating charges66A | - | €368 | - | €264 | - | - |
| Gross operating margin9900 | €42k | €41k | €49k | €49k | €70k | ▲ 43.7% |
| Operating profit (loss)9901 | €10k | €17k | €35k | €35k | €56k | ▲ 60.6% |
| Financial income75/76B | - | €2 | €1 | €2 | €26 | ▲ 1,240% |
| Recurring financial income75 | €2 | €2 | €1 | €2 | €26 | ▲ 1,240% |
| Financial charges65/66B | - | €2k | €5k | €5k | €5k | ▼ 11.7% |
| Recurring financial charges65 | €4k | €2k | €5k | €5k | €5k | ▼ 11.7% |
| Profit (loss) for the period before taxes9903 | €6k | €15k | €31k | €30k | €51k | ▲ 73.9% |
| Income taxes67/77 | €1k | €4k | €8k | €9k | €16k | ▲ 71.0% |
| Profit (loss) for the period9904 | €5k | €11k | €22k | €20k | €36k | ▲ 75.2% |
| Profit (loss) for the period to be appropriated9905 | €5k | €11k | €22k | €20k | €36k | ▲ 75.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €235k | €225k | €210k | €217k | €236k | ▲ 8.6% |
| Formation expenses20 | - | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €189k | €185k | €160k | €155k | €155k | ▼ 0.6% |
| Intangible fixed assets21 | €2k | €750 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €187k | €184k | €160k | €155k | €155k | ▼ 0.6% |
| Land and buildings22 | - | €153k | €145k | €138k | €139k | ▲ 1.0% |
| Plant, machinery and equipment23 | - | €10k | €7k | €5k | €3k | ▼ 37.1% |
| Furniture and vehicles24 | - | €2k | €967 | €7k | €8k | ▲ 12.3% |
| Leasing and similar rights25 | - | €13k | - | - | - | - |
| Other tangible fixed assets26 | - | €7k | €7k | €6k | €4k | ▼ 20.1% |
| Current assets29/58 | €45k | €41k | €50k | €61k | €81k | ▲ 31.9% |
| Stocks and contracts in progress3 | - | - | €4k | - | - | - |
| Contracts in progress37 | - | - | €4k | - | - | - |
| Amounts receivable within one year40/41 | €20k | €25k | €41k | €41k | €53k | ▲ 29.2% |
| Trade receivables40 | - | €16k | €39k | €37k | €53k | ▲ 42.9% |
| Other amounts receivable41 | - | €8k | €2k | €4k | €7 | ▼ 99.8% |
| Cash at bank and in hand54/58 | €24k | €14k | €4k | €17k | €25k | ▲ 43.7% |
| Deferred charges and accrued income490/1 | - | €2k | €1k | €3k | €3k | ▲ 3.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €235k | €225k | €210k | €217k | €236k | ▲ 8.6% |
| Equity10/15 | €34k | €45k | €67k | €86k | €106k | ▲ 24.3% |
| Contributions10/11 | - | €8k | €8k | €8k | €20k | ▲ 154% |
| Reserves13 | €29k | €36k | €59k | €78k | €86k | ▲ 10.8% |
| Distributable reserves133 | - | €36k | €59k | €78k | €86k | ▲ 10.8% |
| Profit (loss) carried forward14 | €-2k | €0 | - | - | - | - |
| Amounts payable17/49 | €201k | €181k | €143k | €131k | €129k | ▼ 1.6% |
| Amounts payable after more than one year17 | €131k | €118k | €97k | €89k | €81k | ▼ 8.6% |
| Financial debts170/4 | - | €118k | €97k | €89k | €81k | ▼ 8.6% |
| Amounts payable within one year42/48 | €69k | €63k | €46k | €42k | €48k | ▲ 13.4% |
| Current portion of amounts payable after more than one year42 | - | €12k | €10k | €8k | €8k | ▼ 1.1% |
| Trade debts44 | €6k | €402 | €9k | €7k | €6k | ▼ 18.4% |
| Suppliers440/4 | - | €402 | €9k | €7k | €6k | ▼ 18.4% |
| Taxes, remuneration and social security45 | - | €4k | €10k | €10k | €24k | ▲ 130% |
| Taxes450/3 | - | €4k | €10k | €10k | €24k | ▲ 130% |
| Other amounts payable47/48 | - | €45k | €18k | €17k | €11k | ▼ 37.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €11k | €22k | €20k | €36k | ▲ 75.2% |
| + Depreciation and write-downs630 | €29k | €21k | €12k | €12k | €13k | ▲ 13.0% |
| Operating cash flow (approximation) | €35k | €32k | €34k | €32k | €49k | ▲ 52.6% |
| Investment in fixed assets (approximation) | - | €-16k | €13k | €-7k | €-12k | ▼ 71.6% |
| Change in cash | - | €-10k | €-10k | €13k | €8k | ▼ 42.5% |
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
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €36k ▲75.2%
Operating result €56k, net result €36k, both a record.
31-12
Financial
Equity above €100kEq €106k ▲24.3%
5 profitable years in a row build equity to €106k.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Puurs-Sint-Amands · 1 establishment unit since 2017
Ground area
1,389 m²
Building footprint
156 m²
Volume, LiDAR
732 m³
Parcel 12034A0835/00N000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VA Technics
since 20172.272.088.012
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12034A0835/00N000 | Flanders | 1,389 m² | 1 · 156 m² | 8.6 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.
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,775 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
Founded28-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
33200Installation of industrial machinery and equipment
Scores and ratios are computed by Checked and are not a credit decision.