VanEeCo Electrics
ActiveVanEeCo Electrics has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €257k and a net result of €85k. Equity is growing by ~34.4% per year across the filed fiscal years. Its solvency ranks better than 49% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+4
Solvency71▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 2.32 against 4.09 in 2024; short-term debt: 18.6% and cash: 25.2% of total assets), but 54% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
46%
Return on assets
15.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-04-2026, 21 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
21 d early
2024
7 d early
2023
1 d early
2022
13 d early
2021
2 d late
2020
2 d early
2019
14 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€257k▼ 5.5%
2024 · €272k
2018: €45k
2019: €64k
2020: €82k
2021: €117k
2022: €166k
2023: €212k
2024: €272k
2018 → 2025
Total assets
€559k▲ 9.8%
2024 · €510k
2018: €184k
2019: €391k
2020: €417k
2021: €441k
2022: €469k
2023: €469k
2024: €510k
2018 → 2025
Net result
€85k▲ 39.1%
2024 · €61k
2018: €7k
2019: €18k
2020: €18k
2021: €35k
2022: €37k
2023: €46k
2024: €61k
2018 → 2025
Working capital
€137k▼ 22.1%
2024 · €176k
2018: €2k
2019: €63k
2020: €65k
2021: €93k
2022: €124k
2023: €146k
2024: €176k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€117k-€166k▲ 41.9%€212k▲ 27.8%€272k▲ 28.5%€257k▼ 5.5%
Operating result€49k-€55k▲ 11.7%€60k▲ 9.6%€81k▲ 33.9%€90k▲ 11.7%
Net result€35k-€37k▲ 4.6%€46k▲ 26.3%€61k▲ 32.6%€85k▲ 39.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €559k
Fixed assets
€318k▲ 15.1%
Current assets
€241k▲ 3.5%
Equity and liabilities €559k
Equity
€257k▼ 5.5%
Debt
€302k▲ 27.2%
The debt ratio rises from 46.6% to 54.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€124k▲
2024 · €101k
Cash flow
€119k▲
2024 · €81k
Solvency
46.0%▼
2024 · 53.4%
Current ratio
2.32▼
2024 · 4.09
Quick ratio
1.61▼
2024 · 3.35
Debt / equity
1.17▲
2024 · 0.87
ROE
33.1%▲
2024 · 22.5%
ROA
15.2%▲
2024 · 12.0%
Interest coverage
19.38▼
2024 · 23.34
Debt
€302k▲
2024 · €237k
Debt ≤ 1 year
€104k▲
2024 · €57k
Debt > 1 year
€197k▲
2024 · €180k
Income taxes
€20k▲
2024 · €16k
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
Assets
Total assets20/58€510k€559k▲
Fixed assets21/28€276k€318k▲
Tangible fixed assets22/27€276k€318k▲
Land and buildings22€244k€242k▼
Plant, machinery and equipment23€12k€8k▼
Furniture and vehicles24€21k€68k▲
Financial fixed assets28€250€250=
Current assets29/58€233k€241k▲
Stocks and contracts in progress3€42k€73k▲
Stocks30/36€42k€73k▲
Amounts receivable within one year40/41€55k€23k▼
Trade receivables40€45k€12k▼
Other amounts receivable41€10k€11k▲
Cash at bank and in hand54/58€131k€141k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€510k€559k▲
Equity10/15€272k€257k▼
Contributions10/11€19k€19k=
Reserves13€254k€239k▼
Distributable reserves133€254k€239k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€237k€302k▲
Amounts payable after more than one year17€180k€197k▲
Financial debts170/4€180k€197k▲
Amounts payable within one year42/48€57k€104k▲
Current portion of amounts payable after more than one year42€20k€37k▲
Financial debts43€11€11=
Credit institutions430/8€11€11=
Trade debts44€18k€43k▲
Suppliers440/4€18k€43k▲
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€17k€22k▲
Accrued charges and deferred income492/3€684€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€34k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€104k€127k▲
Operating profit (loss)9901€81k€90k▲
Financial income75/76B€334€22k▲
Recurring financial income75€334€272▼
Non-recurring financial income76B-€21k
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€77k€105k▲
Income taxes67/77€16k€20k▲
Profit (loss) for the period9904€61k€85k▲
Profit (loss) for the period to be appropriated9905€61k€85k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€85k▲
Transfer from equity791/2€833€100k▲
Transfer to equity691/2€61k€85k▲
To other reserves6921€61k€85k▲
Profit to be distributed694/7€833€100k▲
Return on contributions (dividend)694€833€100k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €85k ▲39.1%
Operating result €90k, net result €85k, both a record.
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €200kEq €212k ▲27.8%
6 profitable years in a row build equity to €212k.
17-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €150kEq €166k ▲41.9%
5 profitable years in a row build equity to €166k.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Equity above €100kEq €117k ▲42.7%
4 profitable years in a row build equity to €117k.
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
30-09
Financial
Liquidity doublescurrent ratio 2.25
Current ratio from 1.04 to 2.25; short-term debt falls from €66k to €50k.
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Staden · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gemeenhofstraat(ONK) 228840 StadenGround area
1,686 m²
Building footprint
154 m²
Volume, LiDAR
387 m³
Parcel 36014B0171/00P000, Flanders · tallest building 10.6 m. Linked by address, not a title deed.
1 establishment unit
VanEeCo Electrics
since 20162.255.001.857
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36014B0171/00P000 | Flanders | 1,686 m² | 1 · 154 m² | 10.6 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 590 EUR awarded · 869 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 309 EUR | 309 EUR |
| 2023 | 1 | 281 EUR | 560 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
9845005B9677D963A733
Similar companies · same sector, comparable size
ALTER ENERGIES
BE 0826.092.580
Etalle · Eq €257k
ELEKTRO CIBESS
BE 0899.033.315
Roeselare · Eq €258k
CLOET TECHNICS
BE 0794.415.350
Ieper · Eq €257k
De Weirt Elektriciteit
BE 0888.541.279
Deinze · Eq €258k
MUSSEN-ELECTRICS
BE 0716.741.413
As · Eq €257k
Of 22,821 companies in sector 43211 we hold annual accounts for 10,324. 7,856 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2016
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.