Skip to content

VBEélec

Active
Private limited company (pre-2019)founded 200421 yrs activeRue des Preys 20, 6061 Charleroi, BelgiumKBO/BCE: BE 0870.739.504
Summary

The computed 12-month bankruptcy probability of VBEélec is 3.5% (moderate). For VBEélec, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€1,177) and a net result of -€4,044. Equity is shrinking by ~73.9% per year across the filed fiscal years. The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0=
Solvency17▼-19
Growth38=
Track record100
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022
Solvency, return and age of the figures
Solvency
-7.7%
Return on assets
-26.4%
Age of the figures
45 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 17-08-2023, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
17 d late
2021
18 d late
2019
52 d late
2018
22 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 27 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VBEélec was incorporated on 22 December 2004.1 Revenue fell from EUR 24,970 in 2018 to EUR 16,851 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Turnover
€16,851▼ 36.3%
2019 · €26,433
EBIT margin
-24.3%▼ 3.4pp
2019 · -20.9%
Net result
-€4,044▲ 15.7%
2021 · -€4,796
Working capital
-€1,426
2021 · €2,309
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
Line2018201920212022
Turnover€24,970-€26,433▲ 5.9%€16,851-
Operating result-€5,686--€5,523▲ 2.9%-€4,089--€3,958▲ 3.2%
Net result-€5,737--€5,592▲ 2.5%-€4,796--€4,044▲ 15.7%
EBIT margin-22.8%--20.9%▲ 1.9pp-24.3%-
Equity€8,700-€3,108▼ 64.3%€2,867--€1,177
Total assets€16,149-€35,604▲ 120%€27,151-€15,322▼ 43.6%
Debt€7,449-€32,496▲ 336%€24,285-€16,499▼ 32.1%
Working capital€7,787-€2,651▼ 66.0%€2,309--€1,426
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Operating result 2018: -€5,686-€5,686Net result 2018: -€5,737-€5,737Operating result 2019: -€5,523-€5,523Net result 2019: -€5,592-€5,592Operating result 2021: -€4,089-€4,089Net result 2021: -€4,796-€4,796Operating result 2022: -€3,958-€3,958Net result 2022: -€4,044-€4,0442018201920212022-€6,000-€4,000-€2,000€0Operating result 2019: -€5,523-€5,520Net result 2019: -€5,592-€5,590Operating result 2021: -€4,089-€4,090Net result 2021: -€4,796-€4,800Operating result 2022: -€3,958-€3,960Net result 2022: -€4,044-€4,040201920212022
The operating result stays negative: a loss of €3,958 in 2022 against €4,089 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €15,322
Fixed assets €250 ▼ 55.3%
Current assets €15,072 ▼ 43.3%
Key figures and ratios
2022 value · change against 2021
EBITDA
-€3,650▲
2021 · -€3,785
Cash flow
-€3,735▲
2021 · -€4,492
Solvency
-7.7%▼
2021 · 10.6%
Current ratio
0.91▼
2021 · 1.10
Debt to equity
-14.02▼
2021 · 8.47
ROA
-26.4%▼
2021 · -17.7%
Interest coverage
-42.69▼
2021 · -5.35
Debt ≤ 1 year
€16,499▼
2021 · €24,285
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 35 lines
Balance sheet Code20212022
Assets
Total assets20/58€27,151€15,322▼
Fixed assets21/28€558€250▼
Tangible fixed assets22/27€558€250▼
Plant, machinery and equipment23€558€250▼
Current assets29/58€26,593€15,072▼
Amounts receivable within one year40/41€15,407€9,908▼
Trade receivables40€12,200€6,168▼
Other amounts receivable41€3,207€3,739▲
Cash at bank and in hand54/58€11,186€5,165▼
Equity and liabilities
Total equity and liabilities10/49€27,151€15,322▼
Equity10/15€2,867-€1,177▼
Contributions10/11€18,600€18,600=
Reserves13€6,318€6,318=
Tax-exempt reserves132€6,318€6,318=
Profit (loss) carried forward14-€22,051-€26,095▼
Amounts payable17/49€24,285€16,499▼
Amounts payable within one year42/48€24,285€16,499▼
Trade debts44€6,691€7,019▲
Suppliers440/4€6,691€7,019▲
Taxes, remuneration and social security45€272€1,121▲
Taxes450/3€272€1,121▲
Other amounts payable47/48€17,321€8,359▼
Income statement Code20212022
Turnover70€16,851-
Goods, raw materials, services and sundry goods60/61€20,399€3,302▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€304€308▲
Other operating charges640/8€348€348=
Gross operating margin9900-€3,437-€3,302▲
Operating profit (loss)9901-€4,089-€3,958▲
Financial charges65/66B€707€86▼
Recurring financial charges65€707€86▼
Profit (loss) for the period before taxes9903-€4,796-€4,044▲
Profit (loss) for the period9904-€4,796-€4,044▲
Profit (loss) for the period to be appropriated9905-€4,796-€4,044▲
Appropriation of the result
Profit (loss) to be appropriated9906-€22,051-€26,095▼
Profit (loss) brought forward from the previous period14P-€17,255-€22,051▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920212022Change
Turnover70€24,970€26,433€16,851--
Goods, raw materials, services and sundry goods60/61--€20,399€3,302▼ 83.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€456€456€304€308▲ 1.3%
Other operating charges640/8--€348€348=
Gross operating margin9900-€4,882-€4,719-€3,437-€3,302▲ 3.9%
Operating profit (loss)9901-€5,686-€5,523-€4,089-€3,958▲ 3.2%
Financial charges65/66B--€707€86▼ 87.9%
Recurring financial charges65€52€69€707€86▼ 87.9%
Profit (loss) for the period before taxes9903-€5,737-€5,592-€4,796-€4,044▲ 15.7%
Profit (loss) for the period9904-€5,737-€5,592-€4,796-€4,044▲ 15.7%
Profit (loss) for the period to be appropriated9905-€5,737-€5,592-€4,796-€4,044▲ 15.7%
Line2018201920212022Change
Assets
Total assets20/58€16,149€35,604€27,151€15,322▼ 43.6%
Fixed assets21/28€913€456€558€250▼ 55.3%
Tangible fixed assets22/27€913€456€558€250▼ 55.3%
Plant, machinery and equipment23--€558€250▼ 55.3%
Current assets29/58€15,236€35,147€26,593€15,072▼ 43.3%
Amounts receivable within one year40/41€6,583€30,783€15,407€9,908▼ 35.7%
Trade receivables40--€12,200€6,168▼ 49.4%
Other amounts receivable41--€3,207€3,739▲ 16.6%
Cash at bank and in hand54/58€8,654€4,364€11,186€5,165▼ 53.8%
Equity and liabilities
Total equity and liabilities10/49€16,149€35,604€27,151€15,322▼ 43.6%
Equity10/15€8,700€3,108€2,867-€1,177▼ 141%
Contributions10/11€6,200€6,200€18,600€18,600=
Reserves13€6,318€6,318€6,318€6,318=
Tax-exempt reserves132--€6,318€6,318=
Profit (loss) carried forward14-€3,818-€9,411-€22,051-€26,095▼ 18.3%
Amounts payable17/49€7,449€32,496€24,285€16,499▼ 32.1%
Amounts payable within one year42/48€7,449€32,496€24,285€16,499▼ 32.1%
Trade debts44€5,641€8,635€6,691€7,019▲ 4.9%
Suppliers440/4--€6,691€7,019▲ 4.9%
Taxes, remuneration and social security45--€272€1,121▲ 312%
Taxes450/3--€272€1,121▲ 312%
Other amounts payable47/48--€17,321€8,359▼ 51.7%
Line2018201920212022Change
Profit (loss) for the period9904-€5,737-€5,592-€4,796-€4,044▲ 15.7%
+ Depreciation and write-downs630€456€456€304€308▲ 1.3%
Operating cash flow (approximation)-€5,281-€5,136-€4,492-€3,735▲ 16.8%
Investment in fixed assets (approximation)-€0-€0-
Change in cash--€4,290--€6,022-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2023
17-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
18-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2020
21-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 52 days late
2019
22-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
19-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 19 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 61 days late
2015
30-11
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 122 days late
2010
31-08
NBB filing Annual accounts filed
fiscal year 2009 · full schema · 31 days late
2007
17-09
NBB filing Annual accounts filed
fiscal year 2006 · full schema · 48 days late
NBB filing

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, Charleroi · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
262 m²
Building footprint
33 m²
Volume, LiDAR
272 m³
Parcel 52049C0195/00N002, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VBEélec
Rue des Preys 20, 6061 CharleroiRaising of dairy cattle
since 20052.145.064.037
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52049C0195/00N002 Wallonia 262 m² 1 · 33 m² 9.7 m · 3 fl.
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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded22-12-2004
Fiscal year end31-12
Contact
Phone 0477/275219Charleroi
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.