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VANDEPLASSCHE ELECTRO

Active
Private limited companyfounded 2021active for 5 yearsBruyelstraat 23, 8531 Harelbeke, BelgiumKBO/BCE: BE 0776.366.620

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of VANDEPLASSCHE ELECTRO is 1.6% (moderate). The 2025 annual accounts show equity of €23,238 and a net result of -€179. Equity has been growing by about 28% per year since 2022. Its solvency ranks better than 28% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 21-10-2021 Normal situation
Activity
General electrical installation work NACE 43211and 1 other
Establishment unit
2.323.332.716 8531 Harelbeke, since 21-10-2021
Financial year end
31 December
Peppol
Reachable since 31-10-2023

Board and ownership

Board
  • VANDEPLASSCHE STEVEDirector

Financial position

62 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts 2025
Gross margin
€14,508
▼ 51.8%
Turnover
≈ €120,000
estimated
Loss
€179
Equity
€23,238
▼ 0.8%
Total assets
€88,978
▲ 8.5%
Filed on 02-07-2026, 29 days before the deadlineat the National Bank
Score breakdownraises riskFounded in 2021Size: total assets €88,978Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed on 02-07-2026)Show the evidence

Checked score

Score 2025
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 28% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 51-3
equity 26.1% of total assets
Liquidity 29=
short-term debt 63.9% · cash 10.5%
Profitability 68-17
return on assets -0.2%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 2.4% 12-2024: 2.4%● unchanged vs 11-2024 01-2025: 2.3%▼ -0.1 percentage points vs 12-2024 02-2025: 2.3%● unchanged vs 01-2025 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 2.4%▲ +0.1 percentage points vs 03-2025 05-2025: 2.5%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 2.5%● unchanged vs 05-2025 07-2025: 1.9%▼ -0.6 percentage points vs 06-2025 08-2025: 1.9%● unchanged vs 07-2025 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 1.8%▼ -0.1 percentage points vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.7%▼ -0.1 percentage points vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.9%▲ +0.2 percentage points vs 03-2026 05-2026: 2.0%▲ +0.1 percentage points vs 04-2026 06-2026: 2.0%● unchanged vs 05-2026 07-2026: 2.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.6%▼ -0.5 percentage points vs 07-2026 09-2026: 1.6%● unchanged vs 08-2026 10-2026: 1.6%● unchanged vs 09-2026lowest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.02 (1.02 in 2024), below the usual 1.5. Short-term debt is 63.9% and cash 10.5% of total assets. 73.9% 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 28% of them on solvency, 18% on liquidity, 34% on profitability and 33% 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
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €88,978
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 02-07-2026)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 02-07-2026, 29 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
29 days early
2024
35 days early
2023
37 days early
2022
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 33 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (4 of the last 4 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: Always filed on timeaccounts within the deadline every year 4 years View

Comparable companies

These companies have the same main activity as VANDEPLASSCHE ELECTRO: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €81,900 and €94,000, founded between 2021 and 2022.

CompanyTotal assetsGross margin
VANDEPLASSCHE ELECTRO Harelbeke€88,978€14,508
EFG Wevelgem€81,938€12,241
Elektrotechniek Guy Rombouts Wuustwezel€88,490€14,401
Janssens Projects Alken€93,972€16,072
Electro Solutions Haegeman Aalter€82,403€14,339
ATIS ELEKTROTECHNIK Kelmis€88,629€16,072
Modular Spaces Seneffe€88,365€17,046
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about VANDEPLASSCHE ELECTRO

What is the company number of VANDEPLASSCHE ELECTRO?
The company number of VANDEPLASSCHE ELECTRO is 0776.366.620. The VAT number is the same number with BE in front: BE 0776.366.620.
Where is VANDEPLASSCHE ELECTRO based?
The registered office is at Bruyelstraat 23, 8531 Harelbeke.Company details
What does VANDEPLASSCHE ELECTRO do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of VANDEPLASSCHE ELECTRO?
The legal form of VANDEPLASSCHE ELECTRO is Private limited company (BV).
When was VANDEPLASSCHE ELECTRO founded?
VANDEPLASSCHE ELECTRO was founded on 21-10-2021.
Is VANDEPLASSCHE ELECTRO still active?
Yes, VANDEPLASSCHE ELECTRO is an active enterprise in the KBO register.
What is the turnover of VANDEPLASSCHE ELECTRO?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €14,508 and 98 comparable companies (NACE 43211). It probably lies between €79,000 and €250,000. It is a rough estimate.Financials
Is VANDEPLASSCHE ELECTRO profitable?
In financial year 2025, VANDEPLASSCHE ELECTRO made a loss of €179.
Where can I find the annual accounts of VANDEPLASSCHE ELECTRO?
VANDEPLASSCHE ELECTRO filed 4 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 VANDEPLASSCHE ELECTRO due?
VANDEPLASSCHE ELECTRO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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