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Van Winghem Electrotechniek

Active
Private limited companyfounded 2002active for 24 yearsZandstraat 81, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0478.532.771

From the official registers: KBO 23 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Van Winghem Electrotechniek has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €570,943 and a net result of €4,867, of which €20,000 non-recurring income. Equity has been stable since 2019 (±0% per year). Its solvency ranks better than 86% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 10-10-2002 Normal situation
Activity
General electrical installation work NACE 43211
Establishment unit
2.115.416.580 9550 Herzele, since 04-11-2002
Financial year end
31 August
Peppol
Reachable since 15-05-2025

Board and ownership

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-08-2025
Gross margin
€161,752
▲ 8.9%
Turnover
≈ €460,000
estimated
Profit
€4,867
▲ 96×
Equity
€570,943
▼ 1.9%
Total assets
€709,978
▼ 6.5%
Staff
2.3 FTE
▼ 4.2%
Filed on 23-02-2026, 36 days before the deadlinePDF
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 4.99, cash €306,694Equity €570,943 (80.4% of total assets)Founded in 2002Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 61% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 80.4% of total assets
Liquidity 94+2
short-term debt 19.6% · cash 43.2%
Profitability 61-5
return on assets 0.7%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025highest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged 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: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.99 (4.12 in 2024), above the usual 1.5. Short-term debt is 19.6% and cash 43.2% of total assets. 19.6% 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 90% of them on solvency, 91% on liquidity, 29% on profitability and 32% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.99, cash €306,694
NBB · annual accounts
lowers risk · Equity €570,943 (80.4% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 23-02-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
18 days early
2023
10 days early
2022
24 days early
2021
36 days early
2020
34 days early
2019
7 days late
← 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 22 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 financial year that closed on 31-08-2026 is due by 31-03-2027. Nothing is late today. The company usually files around 7 March (5 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
31-08-2026 year end01-11-2026 today31-03-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 95% of companies in specialised constructionsector median €57,811 · 34,914 companies €570,943 View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Positive: 6 profitable years in a rowprofit 2025: €4,867, mostly one-off 6 years View

Comparable companies

These companies have the same main activity as Van Winghem Electrotechniek: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €633,000 and €803,000, founded between 2001 and 2005.

CompanyTotal assetsGross margin
Van Winghem Electrotechniek Erpe-Mere€709,978€161,752
ALVA - TECH Ninove€687,666€138,596
D & M Oudenaarde€632,806€173,598
DVN electriciteit en techniek bvba Oosterzele€802,947€161,451
HAEGEMAN TECHNIEKEN Herzele€797,254€185,392
Vlegels Philippe Lievegem€715,778€186,848
ELEKTRO DOSSCHE Deinze€687,663€129,379
Full comparison

Documents

Annual accounts at the NBB

All 23 annual accounts

Articles and registers

Key facts about Van Winghem Electrotechniek

What is the company number of Van Winghem Electrotechniek?
The company number of Van Winghem Electrotechniek is 0478.532.771. The VAT number is the same number with BE in front: BE 0478.532.771.
Where is Van Winghem Electrotechniek based?
The registered office is at Zandstraat 81, 9420 Erpe-Mere.Company details
What does Van Winghem Electrotechniek do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Van Winghem Electrotechniek?
The legal form of Van Winghem Electrotechniek is Private limited company (BV).
When was Van Winghem Electrotechniek founded?
Van Winghem Electrotechniek was founded on 10-10-2002.
Is Van Winghem Electrotechniek still active?
Yes, Van Winghem Electrotechniek is an active enterprise in the KBO register.
How many employees does Van Winghem Electrotechniek have?
Van Winghem Electrotechniek had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Van Winghem Electrotechniek?
The turnover in financial year 2025 is ≈ €460,000. This figure is estimated from the gross margin of €161,752 and 39 comparable companies (NACE 43211). It probably lies between €330,000 and €590,000.
Is Van Winghem Electrotechniek profitable?
In financial year 2025, Van Winghem Electrotechniek made a profit of €4,867.
Where can I find the annual accounts of Van Winghem Electrotechniek?
Van Winghem Electrotechniek filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Van Winghem Electrotechniek due?
Van Winghem Electrotechniek must file the annual accounts for financial year 2026 by 31-03-2027.Timeline

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