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VANELEC

Active
Private limited companyfounded 2014active for 12 yearsWaterweg (Oes) 7, 8720 Dentergem, BelgiumKBO/BCE: BE 0544.718.742
Summary

VANELEC has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €118,232 and a net result of €23,905, of which €12,164 non-recurring income. Equity has been growing by about 17% per year since 2019. Its solvency ranks better than 38% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 24-01-2014 Normal situation
Activity
General electrical installation work NACE 43211
Establishment unit
2.226.321.135 8720 Dentergem, since 24-01-2014
Financial year end
30 September
Peppol
Reachable since 31-10-2023

Board and ownership

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-09-2025
Gross margin
€58,189
▲ 105%
Turnover
≈ €210,000
estimated
Profit
€23,905
▲ 191%
Equity
€118,232
▲ 25.3%
Total assets
€326,084
▲ 6.3%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 2014Figures for financial year 2025 (filed on 27-04-2026)Size: total assets €326,084Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 56% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 61+5
equity 36.3% of total assets
Liquidity 62=
short-term debt 11.9% · cash 10.8%
Profitability 78+6
return on assets 7.3%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 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 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025highest value 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.2%▼ -0.1 percentage points vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.3%▲ +0.1 percentage points vs 12-2025 02-2026: 0.2%▼ -0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.99 (1.74 in 2024), above the usual 1.5. Short-term debt is 11.9% and cash 10.8% of total assets. However, 63.7% 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 38% of them on solvency, 60% on liquidity, 55% on profitability and 72% on growth.

The bankruptcy probability was computed on 02-11-2026 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 · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2014
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 27-04-2026)
NBB · annual accounts
lowers risk · Size: total assets €326,084
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 25-04-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 days early
2024
7 days early
2023
5 days early
2022
5 days early
2021
4 days early
2020
on the day
2019
2 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 4 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 financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 25 April (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
30-09-2026 year end03-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €23,905, mostly one-off 7 years View

Recent changes

  1. · Gazette deed Changes of role: Angelo Vanherweghe (director) and Vanessa Fourneau (director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as VANELEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €300,000 and €358,000, founded between 2012 and 2015.

CompanyTotal assetsGross margin
VANELEC Dentergem€326,084€58,189
LEURIDAN Veurne€335,362€65,303
DEBATEC Anzegem€358,256€49,057
Vrolix M. Zonhoven€330,206€60,519
FS TECHNICAL Montigny-le-Tilleul€329,203€52,396
KDM TECHNICS Oudenaarde€307,141€60,216
A & F ELEC Elsene€300,184€55,557
Full comparison

Key facts about VANELEC

What is the company number of VANELEC?
The company number of VANELEC is 0544.718.742. The VAT number is the same number with BE in front: BE 0544.718.742.
Where is VANELEC based?
The registered office is at Waterweg (Oes) 7, 8720 Dentergem.Company details
What does VANELEC do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of VANELEC?
The legal form of VANELEC is Private limited company (BV).
When was VANELEC founded?
VANELEC was founded on 24-01-2014.
Is VANELEC still active?
Yes, VANELEC is an active enterprise in the KBO register.
What is the turnover of VANELEC?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €58,189 and 42 comparable companies (NACE 43211). It probably lies between €140,000 and €350,000.Financials
Is VANELEC profitable?
In financial year 2025, VANELEC made a profit of €23,905.
Where can I find the annual accounts of VANELEC?
VANELEC filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VANELEC due?
VANELEC must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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