VANHOLLEBEKE TECHNICS
ActiveSummary
The computed 12-month bankruptcy probability of VANHOLLEBEKE TECHNICS is 1.9% (moderate). The 2025 annual accounts show equity of €102k and a net result of €18k. Equity is growing by ~23.6% per year across the filed fiscal years. Its solvency ranks better than 18% of 27965 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-6
Solvency41▼-20
Growth52=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.79 against 1.66 in 2024; short-term debt: 41.9% and cash: 2.3% of total assets), and 84.1% of the assets are financed with debt.
Credit check 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
15.9%
Return on assets
2.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 18%
← weakest
strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
16 d early
2024
1 d early
2023
21 d early
2022
49 d late
2021
5 d early
2020
20 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€102k▼ 44.5%
2024 · €184k
Total assets
€641k▲ 23.9%
2024 · €518k
Net result
€18k▼ 50.5%
2024 · €37k
Working capital
€-57k
2024 · €62k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€34k▼ 62.4%€37k▲ 7.5%€58k▲ 57.3%€55k▼ 5.3%€36k▼ 33.5%
Net result€26k▼ 64.3%€29k▲ 11.7%€48k▲ 66.2%€37k▼ 23.7%€18k▼ 50.5%
Equity€100k▲ 34.8%€129k▲ 28.8%€177k▲ 37.2%€184k▲ 3.8%€102k▼ 44.5%
Total assets€208k▲ 41.9%€250k▲ 20.4%€265k▲ 6.1%€518k▲ 95.2%€641k▲ 23.9%
Debt€107k▲ 49.3%€121k▲ 12.6%€88k▼ 27.2%€334k▲ 280%€539k▲ 61.6%
Working capital€78k▲ 18.2%€92k▲ 18.6%€124k▲ 34.8%€62k▼ 49.7%€-57k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €641k
Fixed assets
€430k ▲ 19.2%
Current assets
€211k ▲ 34.6%
Equity and liabilities €641k
Equity
€102k ▼ 44.5%
Debt
€539k ▲ 61.6%
Debt's share of the balance-sheet total rises from 64.5% to 84.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€81k▼
2024 · €86k
Cash flow
€63k▼
2024 · €68k
Current ratio
0.79▼
2024 · 1.66
Quick ratio
0.35▼
2024 · 0.93
Debt to equity
5.28▲
2024 · 1.81
ROE
17.8%▼
2024 · 19.9%
ROA
2.8%▼
2024 · 7.1%
Interest coverage
6.48▼
2024 · 8.83
Debt ≤ 1 year
€269k▲
2024 · €95k
Debt > 1 year
€271k▲
2024 · €239k
Income taxes
€6k▼
2024 · €8k
Staff costs
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €30k | - | - | - | €3k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €19k | €25k | €31k | €45k | ▲ 44.2% |
| Other operating charges640/8 | €858 | €1k | €1k | €2k | €2k | ▼ 5.7% |
| Gross operating margin9900 | €80k | €57k | €85k | €87k | €86k | ▼ 2.1% |
| Operating profit (loss)9901 | €34k | €37k | €58k | €55k | €36k | ▼ 33.5% |
| Financial income75/76B | €84 | €523 | €251 | €114 | €1 | ▼ 98.7% |
| Recurring financial income75 | €84 | €523 | €251 | €114 | €1 | ▼ 98.7% |
| Financial charges65/66B | €1k | €799 | €692 | €10k | €12k | ▲ 28.9% |
| Recurring financial charges65 | €1k | €799 | €692 | €10k | €12k | ▲ 28.9% |
| Profit (loss) for the period before taxes9903 | €33k | €36k | €57k | €45k | €24k | ▼ 47.1% |
| Income taxes67/77 | €7k | €8k | €9k | €8k | €6k | ▼ 32.1% |
| Profit (loss) for the period9904 | €26k | €29k | €48k | €37k | €18k | ▼ 50.5% |
| Profit (loss) for the period to be appropriated9905 | €26k | €29k | €48k | €37k | €18k | ▼ 50.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €208k | €250k | €265k | €518k | €641k | ▲ 23.9% |
| Fixed assets21/28 | €73k | €74k | €77k | €361k | €430k | ▲ 19.2% |
| Tangible fixed assets22/27 | €73k | €74k | €77k | €361k | €430k | ▲ 19.2% |
| Land and buildings22 | - | - | - | €299k | €288k | ▼ 3.5% |
| Plant, machinery and equipment23 | €18k | €14k | €24k | €25k | €35k | ▲ 39.3% |
| Furniture and vehicles24 | €55k | €60k | €53k | €37k | €107k | ▲ 190% |
| Current assets29/58 | €135k | €176k | €188k | €157k | €211k | ▲ 34.6% |
| Amounts receivable after more than one year29 | - | €7k | €7k | - | - | - |
| Other amounts receivable291 | - | €7k | €7k | - | - | - |
| Stocks and contracts in progress3 | €46k | €49k | €63k | €69k | €118k | ▲ 71.6% |
| Stocks30/36 | €46k | €49k | €44k | €39k | €70k | ▲ 77.7% |
| Contracts in progress37 | - | - | €19k | €29k | €48k | ▲ 63.6% |
| Amounts receivable within one year40/41 | €24k | €92k | €71k | €58k | €72k | ▲ 23.2% |
| Trade receivables40 | €15k | €60k | €46k | €31k | €39k | ▲ 26.5% |
| Other amounts receivable41 | €9k | €33k | €24k | €27k | €33k | ▲ 19.5% |
| Cash at bank and in hand54/58 | €63k | €24k | €46k | €27k | €15k | ▼ 46.8% |
| Deferred charges and accrued income490/1 | €2k | €3k | €2k | €3k | €7k | ▲ 159% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €208k | €250k | €265k | €518k | €641k | ▲ 23.9% |
| Equity10/15 | €100k | €129k | €177k | €184k | €102k | ▼ 44.5% |
| Contributions10/11 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €98k | €127k | €175k | €182k | €100k | ▼ 45.0% |
| Amounts payable17/49 | €107k | €121k | €88k | €334k | €539k | ▲ 61.6% |
| Amounts payable after more than one year17 | €50k | €37k | €24k | €239k | €271k | ▲ 13.2% |
| Financial debts170/4 | €50k | €37k | €24k | €239k | €271k | ▲ 13.2% |
| Amounts payable within one year42/48 | €57k | €83k | €64k | €95k | €269k | ▲ 184% |
| Current portion of amounts payable after more than one year42 | €13k | €13k | €13k | €25k | €36k | ▲ 42.6% |
| Trade debts44 | €25k | €64k | €46k | €38k | €116k | ▲ 207% |
| Suppliers440/4 | €25k | €64k | €46k | €38k | €116k | ▲ 207% |
| Taxes, remuneration and social security45 | €19k | €3k | €4k | €2k | €15k | ▲ 635% |
| Taxes450/3 | €19k | €3k | €2k | €2k | €15k | ▲ 635% |
| Remuneration and social security454/9 | €411 | - | €3k | - | - | - |
| Other amounts payable47/48 | - | €4k | €744 | €30k | €102k | ▲ 242% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €29k | €48k | €37k | €18k | ▼ 50.5% |
| + Depreciation and write-downs630 | €14k | €19k | €25k | €31k | €45k | ▲ 44.2% |
| Operating cash flow (approximation) | €40k | €48k | €74k | €68k | €63k | ▼ 7.2% |
| Investment in fixed assets (approximation) | - | €-21k | €-28k | €-314k | €-114k | ▲ 63.8% |
| Change in cash | - | €-38k | €21k | €-18k | €-13k | ▲ 30.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €18k ▼50.5%
Net result drops to €18k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €177k ▲37.2%
4 profitable years in a row build equity to €177k.
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 49 days late
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €100k ▲34.8%
2 profitable years in a row build equity to €100k.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Lichtervelde · 1 establishment unit since 2019
Ground area
648 m²
Building footprint
122 m²
Parcel 36011F0744/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
VANHOLLEBEKE TECHNICS
since 20192.295.088.591
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36011F0744/00H000 | Flanders | 648 m² | 1 · 122 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 8,794 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.