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VANDAELE-VOLCKAERT

Active
Private limited companyfounded 1998active for 28 yearsPontbrouckstraat(Den) 3, 8720 Dentergem, BelgiumKBO/BCE: BE 0462.811.546

From the official registers: KBO 27 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VANDAELE-VOLCKAERT has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €534,507 and a net result of €22,981, of which €23,911 non-recurring income. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 43% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 09-03-1998 Normal situation
Activity
General electrical installation work NACE 43211
Establishment unit
2.086.645.687 8720 Dentergem, since 05-05-1998
Financial year end
31 December
Peppol
Reachable since 04-12-2025

Board and ownership

Board
  • Vandaele LievenDirector · since 29-12-2020
  • Volckaert PetraDirector · since 29-12-2020

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€133,480
▼ 7.6%
Turnover
≈ €380,000
estimated
Profit
€22,981
▼ 34.9%
Equity
€534,507
▲ 4.5%
Total assets
€1.3m
▼ 2.9%
Filed on 31-08-2026, 31 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €1.3mFounded in 1998Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 42% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 65+2
equity 40.4% of total assets
Liquidity 54+16
short-term debt 38.0% · cash 17.5%
Profitability 58-1
return on assets 1.7%
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% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.2 percentage points vs 07-2025 09-2025: 0.9%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.2%▼ -0.7 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%▼ -0.1 percentage points vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%▼ -0.1 percentage points vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.1%▼ -0.4 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.61 (0.49 in 2024), below 1. Short-term debt is 38% and cash 17.5% of total assets. 59.6% 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 43% of them on solvency, 50% on liquidity, 27% on profitability and 46% 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 risk
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1998
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
30 days late
2022
31 days late
2021
31 days late
2020
61 days late
2019
16 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 28 days after 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (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
01-11-2026 today31-12-2026 year end31-07-2027 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 €534,507 View

Comparable companies

These companies have the same main activity as VANDAELE-VOLCKAERT: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €953,000 and €1.5m, founded between 1993 and 2001.

CompanyTotal assetsGross margin
VANDAELE-VOLCKAERT Dentergem€1.3m€0.1m
WINSERVICE Zwevegem€1.2m€0.1m
ELEKTRO BIESMANS INSTALLATIES Tongeren-Borgloon€1.4m€0.1m
Skytv Sterckx Tervuren€1.4m€0.1m
SOFLIECOM Zottegem€1.3m€0.1m
ELEKTRO VAN DER DONCKT Zaventem€1.5m€0.1m
ELEKTRO - DIRK Dentergem€1.0m€0.2m
Full comparison

Documents

Annual accounts at the NBB

All 27 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about VANDAELE-VOLCKAERT

What is the company number of VANDAELE-VOLCKAERT?
The company number of VANDAELE-VOLCKAERT is 0462.811.546. The VAT number is the same number with BE in front: BE 0462.811.546.
Where is VANDAELE-VOLCKAERT based?
The registered office is at Pontbrouckstraat(Den) 3, 8720 Dentergem.Company details
What does VANDAELE-VOLCKAERT do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of VANDAELE-VOLCKAERT?
The legal form of VANDAELE-VOLCKAERT is Private limited company (BV).
When was VANDAELE-VOLCKAERT founded?
VANDAELE-VOLCKAERT was founded on 09-03-1998.
Is VANDAELE-VOLCKAERT still active?
Yes, VANDAELE-VOLCKAERT is an active enterprise in the KBO register.
How many employees does VANDAELE-VOLCKAERT have?
VANDAELE-VOLCKAERT had an average of 2.6 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of VANDAELE-VOLCKAERT?
The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €133,480 and 39 comparable companies (NACE 43211). It probably lies between €270,000 and €490,000.
Is VANDAELE-VOLCKAERT profitable?
In financial year 2025, VANDAELE-VOLCKAERT made a profit of €22,981.
Where can I find the annual accounts of VANDAELE-VOLCKAERT?
VANDAELE-VOLCKAERT filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of VANDAELE-VOLCKAERT due?
VANDAELE-VOLCKAERT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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