Vandendriessche Electronics & Engineering
ActiveVandendriessche Electronics & Engineering has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €494k and a net result of €-17k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 95% of 378 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 50.09 against 69.79 in 2024), and 2.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.7%
Return on assets
-3.4%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year -€17k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
42 d early
2023
61 d early
2022
54 d early
2021
2 d early
2020
51 d early
2019
59 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
06-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€494k▼ 3.4%
2024 · €512k
2020: €549k
2021: €534k
2022: €536k
2023: €520k
2024: €512k
2020 → 2025
Total assets
€506k▼ 2.6%
2024 · €519k
2020: €562k
2021: €546k
2022: €547k
2023: €532k
2024: €519k
2020 → 2025
Net result
€-17k▼ 112%
2024 · €-8k
2020: €-224k
2021: €-15k
2022: €2k
2023: €-16k
2024: €-8k
2020 → 2025
Working capital
€489k▼ 2.9%
2024 · €504k
2020: €536k
2021: €522k
2022: €525k
2023: €511k
2024: €504k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€534k-€536k▲ 0.3%€520k▼ 3.0%€512k▼ 1.6%€494k▼ 3.4%
Operating result€-29k-€-13k▲ 56.4%€-30k▼ 137%€-22k▲ 27.2%€-31k▼ 41.2%
Net result€-15k-€2k€-16k€-8k▲ 48.6%€-17k▼ 112%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31k in 2025 against €22k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €506k
Fixed assets
€7k▼ 14.3%
Current assets
€499k▼ 2.4%
Equity and liabilities €506k
Equity
€494k▼ 3.4%
Debt
€11k▲ 56.6%
The debt ratio rises from 1.4% to 2.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-30k▼
2024 · €-21k
Cash flow
€-16k▼
2024 · €-7k
Solvency
97.7%▼
2024 · 98.6%
Current ratio
50.09▼
2024 · 69.79
Quick ratio
50.09▼
2024 · 69.79
Debt / equity
0.02▲
2024 · 0.01
ROE
-3.5%▼
2024 · -1.6%
ROA
-3.4%▼
2024 · -1.6%
Interest coverage
-194.54▼
2024 · -54.06
Debt
€11k▲
2024 · €7k
Debt ≤ 1 year
€10k▲
2024 · €7k
Income taxes
€199▼
2024 · €239
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Total assets20/58€519k€506k▼
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€8k€7k▼
Current assets29/58€511k€499k▼
Amounts receivable within one year40/41€507k€496k▼
Cash & bank54/58€3k€3k▼
Total equity & liabilities10/49€519k€506k▼
Equity10/15€512k€494k▼
Contributions / capital10/11€772k€772k=
Reserves13€2k€2k=
Accumulated profits (losses)14€-262k€-279k▼
Amounts payable17/49€7k€11k▲
Amounts payable within one year42/48€7k€10k▲
Trade debts payable within one year44€2k€2k▼
Income statement
Code20242025
Gross operating margin9900€-19k€-29k▼
Operating result9901€-22k€-31k▼
Financial income75€15k€14k▼
Financial charges65€388€155▼
Result before taxes9903€-8k€-17k▼
Income taxes67/77€239€199▼
Net result for the period9904€-8k€-17k▼
Result to be appropriated9905€-8k€-17k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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Of 31 companies in sector 28230 we hold annual accounts for 28. 17 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-1990
Fiscal year end31-12
Abbreviation NL
V.D.D. Electronics & Engineering
Activities, NACEBEL
28230Manufacture of machinery and equipment not elsewhere classified
52450
30010
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 17-07-2026. Scores and ratios are computed by Checked and are not a credit decision.