VANHECKE Electricité
ActiveVANHECKE Electricité has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €260k and a net result of €37k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 44% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
91
/ 100
Excellent▲ +33 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+71
Solvency86▼-2
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 3.11 against 4.08 in 2024), but 58.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · 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
41.8%
Return on assets
6%
Age of the figures
8 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
9 d late
2022
on the day
2021
29 d late
2020
23 d late
2019
26 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€260k▼ 6.3%
2024 · €277k
2018: €136k
2019: €159k
2020: €214k
2021: €214k
2022: €230k
2023: €320k
2024: €277k
2018 → 2025
Total assets
€621k▼ 2.7%
2024 · €638k
2018: €177k
2019: €210k
2020: €303k
2021: €313k
2022: €341k
2023: €746k
2024: €638k
2018 → 2025
Net result
€37k
2024 · €-22k
2018: €5k
2019: €24k
2020: €54k
2021: €23k
2022: €26k
2023: €90k
2024: €-22k
2018 → 2025
Working capital
€214k▼ 10.2%
2024 · €239k
2018: €125k
2019: €139k
2020: €204k
2021: €211k
2022: €217k
2023: €279k
2024: €239k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€214k-€230k▲ 7.4%€320k▲ 39.3%€277k▼ 13.3%€260k▼ 6.3%
Operating result€24k-€30k▲ 27.8%€123k▲ 306%€-14k€54k
Net result€23k-€26k▲ 12.4%€90k▲ 249%€-22k€37k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €54k after a loss of €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €621k
Fixed assets
€306k▼ 5.1%
Current assets
€316k▼ 0.2%
Equity and liabilities €621k
Equity
€260k▼ 6.3%
Debt
€361k▲ 0.1%
The debt ratio rises from 56.6% to 58.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€84k▲
2024 · €22k
Cash flow
€67k▲
2024 · €14k
Solvency
41.8%▼
2024 · 43.4%
Current ratio
3.11▼
2024 · 4.08
Quick ratio
3.11▼
2024 · 4.08
Debt / equity
1.39▲
2024 · 1.30
ROE
14.2%▲
2024 · -7.8%
ROA
6.0%▲
2024 · -3.4%
Interest coverage
6.84▲
2024 · 1.62
Debt
€361k▲
2024 · €361k
Debt ≤ 1 year
€101k▲
2024 · €78k
Debt > 1 year
€260k▼
2024 · €283k
Income taxes
€11k▲
2024 · €481
Staff costs
€97k▲
2024 · €90k
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€638k€621k▼
Fixed assets21/28€322k€306k▼
Intangible fixed assets21€239-
Tangible fixed assets22/27€322k€305k▼
Land and buildings22€269k€259k▼
Plant, machinery and equipment23€1k€7k▲
Furniture and vehicles24€51k€40k▼
Leasing and similar rights25€334-
Financial fixed assets28€50€50=
Current assets29/58€316k€316k▼
Amounts receivable within one year40/41€244k€183k▼
Trade receivables40€114k€49k▼
Other amounts receivable41€130k€134k▲
Cash at bank and in hand54/58€72k€133k▲
Deferred charges and accrued income490/1€472-
Equity and liabilities
Total equity and liabilities10/49€638k€621k▼
Equity10/15€277k€260k▼
Contributions10/11€19k€19k=
Reserves13€208k€190k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€12k€12k=
Distributable reserves133€193k€176k▼
Profit (loss) carried forward14€51k€51k=
Amounts payable17/49€361k€361k▲
Amounts payable after more than one year17€283k€260k▼
Financial debts170/4€283k€260k▼
Amounts payable within one year42/48€78k€101k▲
Current portion of amounts payable after more than one year42€28k€27k▼
Trade debts44€19k€9k▼
Suppliers440/4€19k€9k▼
Taxes, remuneration and social security45€10k€13k▲
Taxes450/3€4k€6k▲
Remuneration and social security454/9€6k€7k▲
Other amounts payable47/48€21k€52k▲
Income statement
Code20242025
Remuneration, social security and pensions62€90k€97k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€30k▼
Other operating charges640/8€3k€1k▼
Gross operating margin9900€115k€182k▲
Operating profit (loss)9901€-14k€54k▲
Financial income75/76B€7k€6k▼
Recurring financial income75€7k€6k▼
Financial charges65/66B€15k€12k▼
Recurring financial charges65€14k€12k▼
Non-recurring financial charges66B€1k€50▼
Profit (loss) for the period before taxes9903€-21k€48k▲
Income taxes67/77€481€11k▲
Profit (loss) for the period9904€-22k€37k▲
Profit (loss) for the period to be appropriated9905€-22k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€51k€88k▲
Profit (loss) brought forward from the previous period14P€73k€51k▼
Transfer from equity791/2€21k€54k▲
Transfer to equity691/2-€37k
To other reserves6921-€37k
Profit to be distributed694/7€21k€54k▲
Return on contributions (dividend)694€21k€54k▲
The notes to these accounts (10 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-22k ▼124%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-12
Financial
Highest result since 2018net €90k ▲249%
Operating result €123k, net result €90k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Equity above €200kEq €214k ▲34.1%
3 profitable years in a row build equity to €214k.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Equity above €150kEq €159k ▲17.5%
2 profitable years in a row build equity to €159k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Mouscron · 1 establishment unit since 2008
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.
Grasmussenstraat 97700 MouscronGround area
800 m²
Building footprint
245 m²
Volume, LiDAR
1,110 m³
Parcel 54432C0890/00H000, Wallonia · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VANHECKE ELECTRICITE
since 20082.173.934.801
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54432C0890/00H000 | Wallonia | 800 m² | 1 · 245 m² | 7.4 m · 1 fl. |
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.
Similar companies · same sector, comparable size
JAMY SOLUTIONS
BE 0793.621.237
Aalst · Eq €260k
Electriciteitswerken Bart Almeye
BE 0808.537.461
Nazareth-De Pinte · Eq €260k
PV ELEKTRO
BE 0845.129.227
Torhout · Eq €260k
ELECTRICITE, TRAVAUX et TECHNIQUE
BE 0452.500.446
Hannut · Eq €260k
AVADIS
BE 0827.390.006
Braine-l'Alleud · Eq €260k
Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 7,806 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-09-2008
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.