VANDEWALLE ELECTRICS
The computed 12-month bankruptcy probability of VANDEWALLE ELECTRICS is 2.4% (moderate). The 2024 annual accounts show equity of €88k and a net result of €83k. Its solvency ranks better than 51% of 11116 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €88k |
| Net result | €83k |
| Better than sector | 51% |
| Active | 2 yrs |
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 41.6% | 40.9% | |
| Net result | €83k | €11k | |
| Equity | €88k | €34k | |
| Gross operating margin | €143k | €35k | |
| Staff costs | €17k | €24k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €126k |
| Net profit | €83k |
| Cash flow | €101k |
| Staff costs | €17k |
| Income taxes | €21k |
| Dividends | - |
| Total assets | €212k |
| Equity | €88k |
| Debt | €124k |
| of which ≤ 1y | €77k |
| of which > 1y | €47k |
| Working capital | €43k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.56 |
| Quick ratio | 1.54 |
| Working capital ratio | 20.4% |
| Solvency | 41.6% |
| Debt / equity | 1.41 |
| Long-term debt ratio | 0.53 |
| Interest coverage | 34.82 |
| Gross margin | - |
| Net margin | - |
| ROA | 39.2% |
| ROE | 94.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €212k |
| Fixed assets | 21/28 | €92k |
| Tangible fixed assets | 22/27 | €92k |
| Current assets | 29/58 | €120k |
| Stocks & contracts in progress | 3 | €2k |
| Amounts receivable within one year | 40/41 | €44k |
| Cash & bank | 54/58 | €74k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €212k |
| Equity | 10/15 | €88k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €83k |
| Amounts payable | 17/49 | €124k |
| Amounts payable after one year | 17 | €47k |
| Amounts payable within one year | 42/48 | €77k |
| Trade debts payable within one year | 44 | €31k |
| Income statement | ||
| Gross operating margin | 9900 | €143k |
| Operating result | 9901 | €108k |
| Financial income | 75 | €56 |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €105k |
| Income taxes | 67/77 | €21k |
| Net result for the period | 9904 | €83k |
| Result to be appropriated | 9905 | €83k |
| NACE primary | Algemene elektrotechnische installatiewerken(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 24-08-2023 |
| Status | Active |
| Postal code | 8690 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38002D0249/00T000 | Flanders | 155 m² | 1 · 133 m² | 11.5 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-06-2025 All shares are now held by a single shareholder
Technical details
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"merger_new_shares_n": null,
"merger_exchange_ratio": null,
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}
],
"notary": {
"name": "Levi SANDERS",
"firm_city": null,
"firm_name": null,
"office_city": "Koksijde",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-06-04",
"filing_date": "2025-04-09",
"act_kind_objet": "Geruislose fusie door opslorping"
},
"decision": {
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"act_date": "2025-05-22",
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},
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"subject_company": {
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},
"co_filed_documents": [
"expedition"
],
"shareholders_after": [],
"share_classes_after": []
}16-04-2025 Articles of association amended, change of corporate purpose
Technical details
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"notary": {
"name": "Levi Sanders",
"firm_city": null,
"firm_name": null,
"office_city": "Koksijde",
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},
"act_meta": {
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"pub_date": "2025-04-16",
"filing_date": "2025-04-09",
"act_kind_objet": "Fusievoorstel"
},
"decision": {
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"act_date": "2025-03-26",
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"statute_change": {
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},
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"name_full_after": "VANDEWALLE ELECTRICS",
"legal_form_after": "B.V.",
"name_full_before": "SANICO",
"current_zetel_raw": "St. Rijkersstraat 2, 8690 Alveringem",
"legal_form_before": "B.V.",
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"shareholder_rights": null,
"voorwerp_change_summary": "De vennootschap VANDEWALLE ELECTRICS zal alle activa en passiva en alle rechten en verplichtingen van BV SANICO opnemen door overneming. De fusie zal worden verricht conform de artikelen 12:50 en volgende van het Wetboek van Vennootschappen en Verenigingen.",
"capital_structure_change": null,
"coordinated_text_lineage": null
}| Legal nameNL | VANDEWALLE ELECTRICS |