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VD CABLING

Active Public limited companyfounded 2000active for 26 yearsParc Ind. des Hauts Sarts, 1e av 87, 4040 HerstalKBO/BCE: BE 0471.775.732 #3 employer in Herstal, Construction sector

Overview

Lifetime

18 annual accounts with figures on one time axis, 25 filings since 2001
peak €10.6m (2025)
€10.6m▲ 3.6%
lowest -€824,161 (2013)
€113,286▼ 45.3%
peak €3.5m (2025)
€3.5m▲ 3.2%
€6.5m▲ 5.0%
peak 124.9 FTE (2025)
124.9 FTE▲ 16.4%
Board7 names since 2011
2 directors and 1 other
Documentsfilings and deeds
29-05-202663 days before the deadline
2025financial year
Result from €207,263 to €113,286Staff from 107.3 FTE to 124.9 FTE1 director appointed, 1 resignation 08-04Cash from €1.2m to €761,290

Key points

from the 2025 annual accounts

Equity

€3.5m ▲ 3.2%

VD CABLING has made a profit without a break since 2021.

Result

€113,286 ▼ 45.3%
€207,0002024€113,0002025

The result fell in 2025 from €207,263 to €113,286.

Growth

5 years
20182019202020212022202320242025

5 years of growth in a row. Turnover 2025: €10.6m.

Staff

131 employees on 31-12-2025
6318202152442022494820232831202479502025

In 2025, 79 people joined and 50 left.

Payment terms

50 days to suppliers
Suppliers
195 to 50
Customers
76 to 145

VD CABLING pays its suppliers 145 days earlier than in 2024. Customers pay 69 days later.

Filings

25 annual accounts since 2001
AprilJune31 JulyOctober20102020

Two of the last ten came late. The 2019 accounts came latest: 158 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,884 companies had the same profile as VD CABLING has now. Each dot stands for 5 companies, two years later.

97.9%
were still trading
2.0%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,884 companies, not a prediction for VD CABLING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 01-04-2012
Director,
Auditor,

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0471775732
1 director appointed, 1 resignation Resignation: · Appointment: · Permanent representative: · General meeting of 17-02-2025 · Gazette deed
Reappointment: ° (company auditor) General meeting of 17-07-2023 · Gazette deed
Reappointments: (director) and (managing director and chair of the board) General meeting of 22-05-2022 · Gazette deed
All 46 events

Comparable companies

same main activity, similar in size and age
Company
VD CABLING Herstal €10.6m 3.2% 34.4% 124.9
Etablissements Vanlofveld Ans €16.8m 4.1% 22.4% 113.4
KLINKENBERG Herstal €27.4m 2.0% 59.8% 174.8
Vintia Ypres €18.1m 5.7% 65.0% 102.6
General Integrations and Electrical Contracting Lokeren €20.7m 8.3% 24.9% 80.1
ELECTRO ZWIJSEN Duffel €27.3m 6.3% 64.3% 129.2
ENERSOL Herve €23.5m 0.6% 36.2% 116.4
-10%0%10%20%€10m€20m€50m€100m€200m€500mVD CABLINGEBIT margin

Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as VD CABLING: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €8m and €19m, founded between 1981 and 2005.

Official details

Source: KBO
Status
Active since 27-04-2000Normal situation
Activity
General electrical installation workNACE 43211
Joint committee
149.01Electricians: installation and distribution · annual accounts 2025
Establishment units
2.093.869.7144040 Herstal, since 08-06-2000
2.224.391.9246040 Charleroi, since 01-03-2010
Financial year end
31 December
Peppol
Reachable since 19-05-2026
Company details

Annual accounts 2025

€10.6m▲ 3.6%
€113,286▼ 45.3%
€3.5m▲ 3.2%
€10.1m▲ 5.6%
Employeeson 31-12-2025
131▲ 28.4%
Filing
Filed on 29-05-2026, 63 days before the end of the filing period
Financials

Insights on VD CABLING

VD CABLING has existed since 2000. Turnover grew from €8.4m in 2011 to €10.6m in 2025 and staff from 79.4 to 124.9 full-time equivalents.

Turnover has grown every year since 2020.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 29-05-2026, 63 days before the deadline
€10.6m
▲ 3.6%
€343,044
▼ 13.1%
€995,607
▼ 13.6%
€765,849
▼ 20.6%
34.4%
▼ 0.8 percentage points
1.09
▲ 0.25

Money flows

of every €100 of turnover, €1.06 remains as profit in 2025

Balance sheet

balance sheet total €10.1m on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

34.4%

Higher than 43% of 3,486 companies in 2024.

1.09

Higher than 11% of 3,453 companies in 2024.

1.1%

Higher than 37% of 3,472 companies in 2024.

VD CABLING Middle half of the sector 80% of the sector Full accounts in specialised construction (NACE 43)

Staff

Men and women3% women

120.9 men and 4 women in full-time equivalents in 2025.

€50,199

Men €50,740, women €33,846 per full-time equivalent. Jobs differ, so this is not a pay gap.

+29 people

people who joined people who left

In 2025, 79 people joined and 50 left. Training hours in 2025: 564.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011201020092006
Balance sheet: assets
20/58 10.1m9.6m9.5m9.1m8.6m7.7m7.8m7.9m5.5m5.3m4.4m3.9m4.2m5.7m3.9m4.0m3.2m1.7m
21/28 4.6m5.7m5.9m4.0m3.6m2.8m2.8m2.5m1.4m1.3m1.0m979,0281.0m1.2m907,6551.1m608,183329,457
22/27 2.7m3.8m4.1m3.9m3.5m2.6m2.6m2.3m1.3m1.2m930,818897,842968,1431.2m892,0881.1m590,248317,619
22 930,7051.0m1.1m1.2m1.3m1.4m1.5m534,017555,623594,705640,059692,872729,048820,500454,962490,26854,18971,562
23 1,1691.3m1.4m1.5m1.1m341,65544,13312,2437,7103,3875459193486436,40214,76221,2858,009
24 649,147504,602732,302833,241865,417800,605939,5111.2m401,135351,130290,214204,051238,747367,811426,556573,725456,922131,533
25 1.1m993,031815,754381,715182,214-------------
26 ---3,6464,9976,347------------
27 -------303,45787,02362,719--------
28 1.9m1.9m1.8m121,668105,573166,543164,843164,843108,121112,79485,07481,18659,73459,73415,56719,13217,93511,838
280/1 1.7m1.7m1.7m9,000-61,40061,40061,400----------
280 1.7m1.7m1.7m9,000-61,40061,40061,400----------
284/8 149,464149,415112,714112,668105,573105,143103,443103,443108,121112,79485,07481,18659,73459,73415,567---
285/8 149,464149,415112,714112,668105,573105,143103,443103,443108,121112,79485,07481,18659,73459,73415,567---
29/58 5.6m3.9m3.6m5.1m5.1m4.9m5.0m5.5m4.1m4.0m3.3m3.0m3.2m4.4m3.0m2.8m2.6m1.4m
29 ---1.5m1.5m1.5m1.4m1.4m615,779683,304750,828818,353617,989617,989----
291 ---1.5m1.5m1.5m1.4m1.4m615,779683,304750,828818,353617,989617,989----
3 -------63,50086,02986,833------463,442338,233
30/36 -------63,50086,02986,833--------
34 -------63,50086,02986,833--------
37 ----------------463,442338,233
40/41 4.7m2.6m2.9m2.7m2.9m2.8m3.0m3.7m2.9m2.4m2.4m1.9m2.3m3.8m1.9m2.7m2.0m991,682
40 4.2m2.2m2.4m2.3m2.6m2.5m2.6m3.6m2.0m2.0m1.8m1.5m1.6m2.2m1.3m2.4m1.9m371,871
41 458,459440,678451,252397,829341,192310,425365,12867,401889,352394,421572,623438,773642,0441.6m649,645287,65965,426619,811
54/58 761,2901.2m459,307537,384282,352246,510512,194100,384435,518851,998147,294178,608217,1423,4821.1m142,943167,1232,209
490/1 106,88690,178277,601377,234352,258312,234158,976217,99846,92434,11956,82552,05340,1777,7646,40328,0876,40359,716
Balance sheet: equity and liabilities
10/49 10.1m9.6m9.5m9.1m8.6m7.7m7.8m7.9m5.5m5.3m4.4m3.9m4.2m5.7m3.9m4.0m3.2m1.7m
10/15 3.5m3.4m3.3m3.3m3.2m2.9m3.0m2.8m2.3m1.9m1.2m1.0m728,0571.5m1.6m723,079640,323943,515
10/11 79,80079,80079,80079,80079,80079,80079,80079,80079,80079,80079,80079,80079,80079,80079,80079,80079,800300,000
10 79,80079,80079,80079,80079,800-------------
100 79,80079,80079,80079,80079,80079,80079,80079,80079,80079,80079,80079,80079,80079,80079,80079,80079,800300,000
12 --------------254,225254,225254,225259,923
13 45,50445,50445,50445,50445,50445,50445,50445,50445,50445,50445,50445,50445,28345,18645,18645,18645,18667,500
130/1 7,9807,9807,9807,9807,9807,980------------
130 7,9807,9807,9807,9807,9807,9807,9807,9807,9807,9807,9807,9807,9807,9807,9807,9807,98030,000
132 37,52437,52437,52437,52437,52437,52437,52437,52437,52437,52437,52437,52437,30337,20637,20637,20637,20637,500
14 3.3m3.2m3.1m3.1m3.0m2.7m2.8m2.6m2.1m1.7m1.0m825,222514,9881.3m1.2m339,496256,366309,928
15 53,43958,88664,55171,74978,16086,80596,30655,81650,92155,07960,07566,39687,98681,4084,0744,3724,7466,164
16 120,000--6687989281,0581,1881,3181,4481,5781,7081,8381,9682,0982,2512,44484,906
160/5 120,000----------------81,732
164/5 120,000-----------------
168 ---6687989281,0581,1881,3181,4481,5781,7081,8381,9682,0982,2512,4443,174
17/49 6.5m6.2m6.2m5.8m5.5m4.8m4.8m5.1m3.2m3.5m3.2m2.9m3.5m4.1m2.3m3.2m2.6m692,876
17 1.4m1.5m1.7m1.5m1.4m1.5m1.6m1.4m739,365976,0041.0m1.2m675,172848,831647,087754,754389,240157,736
170/4 1.4m1.5m1.7m1.5m1.4m1.5m1.6m1.3m535,136626,625542,512588,095675,172848,831647,087754,754389,240157,736
172 704,049675,699563,906271,218142,400-3,47855,22391,96080,897--------
173 731,075866,1291.1m1.2m1.3m1.5m1.6m1.2m443,177545,728542,512588,095675,172848,831647,087---
175 -------131,654204,229349,379494,528639,678------
1750 -------131,654204,229349,379494,528639,678------
178/9 1,4001,6001,6004,7001,200-------------
42/48 5.1m4.6m4.5m4.3m4.0m3.4m3.2m3.7m2.5m2.4m2.1m1.7m2.8m3.3m1.6m2.4m2.2m531,358
42 822,216856,127982,374689,666704,016547,549552,384591,728396,691376,187111,928156,635173,659448,468551,227371,375265,556102,537
43 1.0m1.0m850,000800,000500,000500,000375,000375,000250,000500,000625,000661,511699,703599,75158,776-125,000155,860
430/8 1.0m1.0m850,000800,000500,000500,000375,000375,000250,000500,000625,000661,511699,703599,75158,776-125,000155,860
44 454,1852.0m2.1m2.1m2.1m2.0m1.8m2.3m1.1m912,030800,757520,1571.3m1.5m515,904936,8061.3m79,462
440/4 454,1852.0m2.1m2.1m2.1m2.0m1.8m2.3m1.1m912,030800,757520,1571.3m1.5m515,904936,8061.3m79,462
45 1.1m624,080610,007712,944656,044318,711401,654490,967669,063632,612274,330328,807557,227453,689492,261825,153330,957193,499
450/3 230,32035,75871,465197,999208,66993,870122,371164,437346,937313,37923,36395,927183,582369,806316,402243,591190,36976,852
454/9 877,309588,322538,542514,945447,376224,840279,283326,530322,125319,233250,967232,880373,64583,883175,860581,562140,588116,647
47/48 1.7m157,1754,616705100,0006,1739,7778,7866,4736,473306,4736,4736,821316,2018,251261,210164,885-
492/3 2,8097,9548,2658,16238,6282,48574429,2782,57662,3419,91712,4757,9059,7281,23076,2468353,782
Income statement
70/76A 11.0m10.6m10.2m9.3m8.7m6.6m7.9m9.1m8.3m8.0m6.5m5.5m6.2m7.1m8.5m---
70 10.6m10.3m9.8m8.8m8.3m6.4m7.8m9.0m8.1m7.8m6.3m5.4m6.1m6.9m8.4m---
72 --31,298213,015162,48043,560-------50,000----
74 351,619305,549292,310277,239247,473-------------
76A 34,58514,06076,06937,92130,2248,6005,99520,82524,9096,12319,64090,99930,93526,5724,7833,203-39,783
9900 ---------------4.7m2.6m1.3m
60/66A 10.7m10.2m10.1m9.1m8.3m6.6m7.7m8.4m7.6m6.9m5.8m5.0m6.0m6.6m7.0m---
60 1.0m1.7m1.9m1.6m1.7m2.5m2.9m3.0m2.2m2.1m2.0m1.7m2.1m2.0m2.0m---
600/8 1.0m1.7m1.9m1.6m1.7m2.5m2.8m2.9m2.2m2.2m2.0m1.7m2.1m2.0m2.0m---
609 ------63,50022,529804-86,833--------
61 2.3m2.0m2.1m1.9m1.6m1.2m1.3m1.5m1.7m1.3m1.1m1.1m1.1m1.4m1.4m---
62 6.3m5.5m5.3m4.9m4.2m2.2m2.6m3.2m3.4m3.2m2.4m1.9m2.4m2.8m3.1m3.6m1.6m1.0m
630 652,563756,875691,074673,059693,076665,041798,686561,730382,474260,544196,992213,076310,037396,462392,271554,748388,864178,187
631/4 54,98556,81148,936885-18,347-67,895-2,367-5,4249,49410,7334,38018,347--30,642---
635/8 120,000----------------1,603
640/8 57,18155,38757,81457,59941,46738,00235,90663,15347,47550,70842,32328,29330,88633,40025,80529,94822,15320,675
66A 238,606111,2904,78871,12861,93673,44219,58019,3629,6605,1984,4351.0m138,59012,28514,3283,9061,000-
9901 343,044394,946130,892164,570438,098-90,349196,168744,383676,7391.0m648,172506,751214,445483,1041.6m570,011571,37140,375
75/76B 28,36027,29590,19688,484131,15379,48381,81272,25088,68074,24869,01585,40776,209114,10134,9267,71470446,723
75 28,36024,66690,19688,484131,15379,48381,81272,25088,68074,24869,01585,40776,209114,10134,9267,71470446,723
750 --------26--------
751 ------354133307805373,2952,484---
752/9 28,36024,66690,19688,484131,15379,48381,80972,24588,67474,22868,68584,62775,672110,80732,442---
76B -2,630----------------
65/66B 171,785106,065127,61230,725-33,72569,52556,48346,01741,81447,440162,147-676,4281.0m299,079145,00465,28058,04526,517
65 171,785106,065127,61230,725-33,72569,52556,48346,01741,81447,440162,147-676,4281.0m299,079145,00465,28058,04526,517
650 154,368161,478118,88857,26649,08966,55553,96439,68738,76142,59357,89068,519141,57961,59458,470---
651 --62,147--33,847-85,165-----85,075-769,797812,871200,000----
652/9 17,4176,7348,7237,3062,3522,9702,5196,3303,0534,84719,18224,85052,71137,48686,534---
9903 199,618316,17693,476222,329602,976-80,390221,497770,616723,6051.1m570,246310,388-824,162312,4131.4m511,743513,030100,364
780 --668130130-------------
67/77 86,332108,91473,55683,809203,07478,62012,819269,978287,204391,26689,03864130149,086549,567228,805211,29658,749
670/3 86,332108,91473,55683,809203,18878,62015,158269,978287,204391,26689,234196133149,086549,567---
77 ----115-2,339---1961333-----
9904 113,286207,26320,588138,649400,033-158,879208,809500,768436,530668,890481,338310,455-824,161163,457882,069283,131301,94941,965
689 -----------22197-----
9905 113,286207,26320,588138,649400,033-158,879208,809500,768436,530668,890481,338310,233-824,259163,457882,069283,131301,94941,965
Appropriation of the result
9906 3.3m3.3m3.1m3.1m3.1m2.7m2.8m2.6m2.1m1.7m1.3m825,222514,9881.4m1.2m539,496406,366309,928
14P 3.2m3.1m3.1m3.0m2.7m-------------
791/2 -------------254,225----
792 -------------254,225----
694/7 -150,000--100,000-----300,000--300,000-200,000150,000-
694 -150,000--100,000-----300,000--300,000-200,000150,000-
Social balance sheet
9087 124.9107.3107.3105.991.949.656.77378.776.362.556.958.566.779.492.65132.7
Men (FTE)1003 120.9106.2106.3103.589.547.355.771.777.575.762.356.75765.1----
Women (FTE)1003 4112.42.42.311.31.20.60.20.21.51.6----
Agency workers1501 -----------0.911.15.1---
Hours worked1013 161,260144,770144,800152,244132,74666,28384,194108,059119,156115,81187,41769,33785,21197,592117,129153,84382,64343,884
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 79 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 29-05-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 29-05-2026 2026-00126166 PDF
31-12-2024 full format 16-05-2025 2025-00099893 PDF
31-12-2023 full format 25-07-2024 2024-00300020 PDF
31-12-2022 full format 28-07-2023 2023-00300003 PDF
31-12-2021 full format 13-05-2022 2022-20028139 PDF
31-12-2020 full format 23-07-2021 2021-39600101 PDF
31-12-2019 full format 05-01-2021 2021-00200307 PDF
31-12-2018 full format 19-08-2019 2019-47500521 PDF
31-12-2017 full format 22-06-2018 2018-22000260 PDF
31-12-2016 full format 26-06-2017 2017-24000419 PDF
31-12-2015 full format 31-05-2016 2016-14300050 PDF
31-12-2014 full format 03-12-2015 2015-68200155 PDF
31-12-2013 full format 08-12-2014 2014-68700138 PDF
31-12-2012 full format 05-03-2014 2014-05900303 PDF
31-12-2011 full format 18-07-2012 2012-30700368 PDF
31-12-2010 full format 09-09-2011 2011-54000557 PDF
31-12-2009 full format 23-09-2010 2010-55000462 PDF
31-12-2008 full format 28-08-2009 2009-59900364 PDF
31-12-2007 full format 22-07-2008 2008-42400295 PDF
31-12-2006 full format 25-06-2007 2007-31500329 PDF
31-12-2005 full format 25-08-2006 2006-67700911 PDF
31-12-2004 full format 21-06-2005 2005-30105331 PDF
30-06-2003 full format 08-01-2004 2004-00603738 PDF
30-06-2002 full format 06-12-2002 2002-75300049 PDF
30-06-2001 full format 15-02-2002 2002-04403140 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011201020092006
995,6071.2m821,966837,6291.1m574,693994,8551.3m1.1m1.3m845,164719,827524,483879,5671.9m1.1m960,235218,562
765,849964,138711,662811,7081.1m506,1621.0m1.1m819,004929,434678,329523,531-514,124559,9191.3m837,879690,813220,152
949,635559,5462.6m1.3m1.6m686,8431.2m1.6m532,143534,871232,445142,77595,398703,893187,9081.1m734,584286,888
-462,994764,977-78,078255,03235,842-265,684411,810-335,135-416,479704,704-31,314-38,534213,660-1.1m911,389-24,180--
477,111-739,752-905,458786,7831.0m1.6m1.9m1.7m1.6m1.6m1.2m1.3m385,0951.2m1.3m440,748424,659860,482
3.2%3.8%1.3%1.9%5.3%-1.4%2.5%8.3%8.3%13.3%10.2%9.4%3.5%7.0%18.5%---
34.4%35.2%34.7%36.2%36.6%37.4%38.9%35.2%41.6%34.9%27.3%25.9%17.4%27.1%41.3%18.3%19.7%54.8%
1.090.840.801.181.261.471.601.471.651.651.581.761.141.351.831.181.192.62
1.090.840.801.181.261.471.601.451.611.621.581.761.141.351.831.180.981.98
1.881.841.881.761.731.681.571.841.401.872.662.874.742.681.424.464.060.73
3.3%6.2%0.6%4.2%12.6%-5.5%6.9%17.9%19.1%36.0%40.4%30.5%-113.2%10.6%55.0%39.2%47.2%4.4%
1.1%2.2%0.2%1.5%4.6%-2.1%2.7%6.3%7.9%12.6%11.0%7.9%-19.7%2.9%22.7%7.2%9.3%2.4%
6.457.136.9114.6323.048.6318.4432.9127.3330.3814.6010.513.7014.2833.24---
145 days76 days90 days95 days114 days145 days124 days148 days90 days92 days105 days100 days99 days119 days55 days---
50 days195 days188 days224 days231 days193 days157 days182 days109 days97 days92 days69 days151 days158 days55 days---

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date13110210510496
full-time1249810210093
part-time74343
in full-time equivalents128.6100.9104.3103.395.3
124.9107.2107.3105.991.9
On a permanent contract12910110410095
Joined7928495263
Left5031484418
Training hours5645403636380

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets€1.2m€2.0m€2.3m€2.0m€1.8m
Mortgages, amount registered€1.2m€1.9m€1.9m€1.9m€1.9m
Carrying value of the mortgaged assets€665,097€1.0m€1.1m€1.2m€1.3m
€835,768€835,768€835,768€1.3m€1.0m
Carrying value of the other pledged assets--€734,633€726,020€893,448

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€949,635€559,546€917,959€1.3m€1.5m
Intangible fixed assets----€60,948
Financial fixed assets--€1.7m€9,000-
€652,563€756,875€691,074€673,059€693,076

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees

The auditor is .

Item20252024202320222021
Fee for the audit€5,500€5,500€5,500€5,000€5,000
Other work by the auditor----€1,950

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Public contracts

5 awards · 2024
Marché de travaux de remplacement des luminaires par des luminaires LED basé sur l'AGW du 14.09.2017: Lot 7 - Remplacement EP LED - Région du Luxembourg
buyer: Intercommunale ORES Assets SCConstruction workawarded 21-06-20243 tendersTED 444996-2024
Marché de travaux de remplacement des luminaires par des luminaires LED basé sur l'AGW du 14.09.2017: Lot 8 - Remplacement EP LED - Région du Luxembourg
buyer: Intercommunale ORES Assets SCConstruction workawarded 21-06-20244 tendersTED 444996-2024
Travaux sur compteurs électriques sur base du système de qualification WQCPEWA: Lot 12 - Brabant Wallon - Namur - Demandes marché
buyer: Intercommunale ORES Assets SCConstruction workawarded 21-05-20243 tendersTED 71771-2025
Travaux sur compteurs électriques sur base du système de qualification WQCPEWA: Lot 29 - Ouest (Charleroi, Mons-La Louvière, Wallonie Picarde, Brabant Wallon) - Déploiement
buyer: Intercommunale ORES Assets SCConstruction workawarded 21-05-20244 tendersTED 71771-2025
Travaux sur compteurs électriques sur base du système de qualification WQCPEWA: Lot 31 - Est (Namur, Wallonie Est, Luxembourg) - Déploiement
buyer: Intercommunale ORES Assets SCConstruction workawarded 21-05-20241 tenderTED 71771-2025

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Insights on VD CABLING

The operating result for 2025 is 13% lower than in 2024.

Debt's share of the balance-sheet total falls from 64.8% to 64.5%. Equity and debt are higher.

Large changes and their cause
  • 2022 Net result -65% on 2021. Merger absorbing CLARA TELECOMS, Official Gazette 04-11-2021, in the previous financial year. That operation now counts for a full year for the first time. Merger absorbing DW EUROPE, Official Gazette 04-11-2021, in the previous financial year. That operation now counts for a full year for the first time.
  • 2021 Staff (FTE) +85% on 2020. Merger absorbing CLARA TELECOMS, Official Gazette 04-11-2021. Merger absorbing DW EUROPE, Official Gazette 04-11-2021.

Board & ownership

Board

2 directors, 1 auditor, last change in 2025
Director
since 01-04-2012 6-year term from 2022
listed in the 2025 annual accounts, filed on 29-05-2026
Director, permanent representative
appointed by deed of 08-04-2025 6-year term from 2025
Company auditor, permanent representative
appointed by deed of 16-06-2016
Signing authorityThe articles say who may bind the company, for example by signing a contract.
The chair alone, or two directors jointly
deed of 04-11-2021
Permanent representatives 1
Permanent representative, for
appointed by deed of 08-04-2025

Office holders in the KBO →

Mandates through the years

7 names, the dashed line is today

Director

Director

Company auditor

Managing director and chair of the board

Director

Director

Director
BoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
    • Director, from 16-05-2011 to date
    • Director, from 01-04-2012 to date
    • Company auditor, from 01-01-2014 to date
    • Managing director and chair of the board, from 16-05-2011 to 08-04-2025
    • Chair of the board, from before 09-09-2015, ended, last mentioned on 09-09-2015
    • Managing director, from before 20-05-2016, ended, last mentioned on 26-01-2023
    • Director, until 22-01-2018
    • Director, until 09-09-2015
    • Director, appointed by deed of 09-09-2015, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

Capital

Capital
€79,800
Shares
266 in the 2025 annual accounts
Contribution per share
€300
Equity per share
€13,050 in 2025
Source
deed of 04-11-2021

Articles of association

deed of 04-11-2021 (in French)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
“15.3-fin,15.4,15.5,15.6, règles désignation et cessation personne morale applicables au représentant”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Interdiction nouveaux gages/nantissements/sûretés sans accord organe à majorité trois quart voix présents/représentés, rédiger écrit…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of April at 17:00

Capital transactions

Capital over time
  1. 04-11-2021 Capital stated in 2 deeds · €79,800 · 266 shares
  2. 06-09-2021 Incorporation · €85,000

Network & group

Holdings

own 2025 accounts, the bar shows equity in euros
This companyVD CABLING1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

  • BE 99% €1.7m result €6,927

Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
  • subsidiary
    Equity €1.7m Profit of €6,927 in 2025 (loss of €3,234 in 2024) Checked score
    99%
Former holdings (1)
Holdings through the years 2018 to 2025
Holdings through the years
Name2018201920202022202320242025
99%
90%
99.83%

Source: list of holdings in its own accounts

Board mandates elsewhere

1 board mandate
Board mandates of VD CABLINGVD CABLING sits on their board1
Director
No longer active · 24 FTE (2020)

Acquisitions and mergers

2 transactions
Took over:CLARA TELECOMS
BE 0694.835.051merger by absorption · Gazette deed of 04-11-2021 (7 deeds)
Took over:DW EUROPE
BE 0810.433.317merger by absorption · Gazette deed of 04-11-2021 (7 deeds)

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via · Director · deed of 08-07-2022
Founded in 2000 · total assets €25,173 (2025)

Timeline

Timeline

46 events since 2000

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFfull format · 63 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0471775732
2025
Annual accounts 2024 filed PDFfull format · 76 days before the deadline
1 director appointed, 1 resignationResignation: · Appointment: · Permanent representative: · General meeting of 17-02-20255 points ▸
  • General meeting, 17-02-2025
  • Director resignation,
  • Director discharge,
  • Director appointment,
  • Permanent representative,
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2024
Annual accounts 2023 filed PDFfull format · 6 days before the deadline
Reappointment: ° (company auditor)General meeting of 17-07-20232 points ▸
  • General meeting, 17-07-2023
  • Auditor reappointment, ° (company auditor)

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFfull format · 3 days before the deadline
Reappointments: (director) and (managing director and chair of the board)General meeting of 22-05-20223 points ▸
  • General meeting, 22-05-2022
  • Director reappointment,
  • Director reappointment, (managing director and chair of the board)

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFfull format · 79 days before the deadline
2021
Back to profit net €400,033 The net result is €400,033, after one loss-making year.
Merger: VD CABLING takes over CLARA TELECOMS“Les travaux de câblage informatique, les études et les travaux de maintenance industrielle électrique, la…” (deed in French) · The company holds all the shares of CLARA TELECOMS · The company holds all the shares of DW EUROPE · General meeting of 28-10-20217 points ▸
  • General meeting, 28-10-2021
  • The company holds all the shares of CLARA TELECOMS
  • The company holds all the shares of DW EUROPE
  • Accounting effect, 01-01-2021
  • Purpose change, “Les travaux de câblage informatique, les études et les travaux de maintenance industrielle électrique, la protection de coupe-feu, les consultances techniques…” (deed in French)
  • Capital, €79,800, 266 shares
  • Registered office clause, Parc Industriel des Hauts Sarts, 1ère Avenue, 87, 4040 Herstal
  • The deed holds 23 more points.

Open the deed in the Belgian Official Gazette

Merger proposal: VD CABLING takes over CLARA TELECOMSPermanent representative: · The company holds all the shares of CLARA TELECOMS · The company holds all the shares of DW EUROPE10 points ▸
  • The company holds all the shares of CLARA TELECOMS
  • The company holds all the shares of DW EUROPE
  • Board composition, (sole director)
  • 100 shares
  • The company holds 100 shares of DW EUROPE
  • Accounting effect, 01-01-2021
  • Capital, €79,800, 266 shares
  • Permanent representative,
  • Capital, €61,500, 615 shares
  • The company holds 615 shares of CLARA TELECOMS
  • The deed holds 22 more points.

Open the deed in the Belgian Official Gazette

Merger proposal: VD Cabling takes over Clara TelecomsFounding capital of €85,000 · Permanent representative: · The company holds all the shares of Clara Telecoms · The company holds all the shares of DW Europe14 points ▸
  • Incorporation, 12-03-2009
  • Capital, €18,600, 100 shares
  • Registered office clause, Rue Cahorday, numéro 4 boite 13, 4671 Blegny, mentioned twice in the deed
  • The company holds all the shares of Clara Telecoms
  • The company holds all the shares of DW Europe
  • Accounting effect, 01-01-2021
  • Incorporation, 20-04-2000
  • Registered office clause, Parc Industriel des Hauts Sarts, 1ère Avenue, numéro 87, 4040 Herstal
  • Founding capital, €85,000
  • Capital, €79,800, 266 shares
  • Incorporation, 16-04-2018
  • Registered office clause, Rue Carhorday, n°4, 4671 Blegny
  • Capital, €61,500, 615 shares
  • Permanent representative, (managing director)
  • The deed holds 12 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFfull format · 8 days before the deadline
Reappointment: ° (company auditor)General meeting of 03-03-20212 points ▸
  • General meeting, 03-03-2021
  • Auditor reappointment, ° (company auditor)

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFfull format · 158 days late
2019
Annual accounts 2018 filed PDFfull format · 19 days late
2018
Annual accounts 2017 filed PDFfull format · 39 days before the deadline
Resignation: (director)Director discharge: · General meeting of 22-01-20183 points ▸
  • General meeting, 22-01-2018
  • Director resignation,
  • Director discharge,

Open the deed in the Belgian Official Gazette

2017
Equity above €2m equity €2.3m ▲23.3% After 4 profitable years in a row, equity reaches €2.3m.
Reappointment: ° (company auditor)General meeting of 26-06-20172 points ▸
  • General meeting, 26-06-2017
  • Auditor reappointment, ° (company auditor)

Open the deed in the Belgian Official Gazette

Annual accounts 2016 filed PDFfull format · 35 days before the deadline
2016
1 director appointed, 2 reappointmentsAppointment: ° (company auditor) · Reappointments: and (managing director) · General meeting of 20-05-20164 points ▸
  • General meeting, 20-05-2016
  • Auditor appointment, ° (company auditor)
  • Director reappointment,
  • Director reappointment, (managing director)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2015 filed PDFfull format · 61 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 125 days late
1 director appointed, 1 resignation, 1 reappointmentResignation: · Appointment: · Reappointment: (chair of the board) · General meeting of 18-08-20154 points ▸
  • General meeting, 18-08-2015
  • Director resignation,
  • Director appointment,
  • Director reappointment, (chair of the board)
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2014
Back to profit net €310,455 The net result is €310,455, after one loss-making year.
Annual accounts 2013 filed PDFfull format · 130 days late
Annual accounts 2012 filed PDFfull format · 217 days late
2013
Weakest financial year net -€824,161 The net result drops to -€824,161, the lowest from 2006 to 2025. It recovers the following year.
2012
Annual accounts 2011 filed PDFfull format · 13 days before the deadline
2011
Highest result from 2006 to 2025 net €882,069 ▲212% The operating result of €1.6m and the net result of €882,069 are both a record.
Equity above €1m equity €1.6m ▲122% Equity rises from €723,079 to €1.6m.
Annual accounts 2010 filed PDFfull format · 40 days late
2010
Annual accounts 2009 filed PDFfull format · 54 days late
New establishment in Charleroi Rue de Bordeaux 33
2009
Annual accounts 2008 filed PDFfull format · 28 days late
2008
Annual accounts 2007 filed PDFfull format · 9 days before the deadline
2007
Annual accounts 2006 filed PDFfull format · 36 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2002
Annual accounts 2002 filed PDFfull format
Annual accounts 2001 filed PDFfull format
2000
First establishment Parc Ind. des Hauts Sarts, 1e av 87, Herstal
Incorporation published on 06-05-2000

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

VD CABLING was incorporated on 27 April 2000.1 In 2021 the company absorbed CLARA TELECOMS and DW EUROPE by merger.2 Turnover grew from €8.3m in 2021 to €10.6m in 2025 and headcount from 91.9 to 125 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 04-11-2021
  3. 3National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0471.775.732
VAT number
BE 0471.775.732
Peppol ID
0208:0471775732
Other Peppol ID
9925:BE0471775732
LEI code
254900UF00TQRYMF5F95 no longer live in the LEI register
Legal form
Public limited company
Status
Active, normal situation
Founded
27-04-2000
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of April at 17:00
deed of 04-11-2021 (in French)
Peppol
Reachable since 19-05-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
VD CABLING in French
Entity type
Legal entity

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2025
JC 149.01 Electricians: installation and distribution
Codes under NACEBEL 2008
VAT activities
43211 Specialised construction activities main activity
Social security (RSZ) activities
43211 Specialised construction activities main activity
Codes under NACEBEL 2003
45310 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Les travaux de câblage informatique,les études et les travaux de maintenance industrielle électrique,la protection de coupe-feu,les…”
13 activities
  1. Les travaux de câblage informatique,les études et les travaux de maintenance industrielle électrique,la protection de coupe-feu,les consultances techniques,le design de réseaux de transmission de données et la vente de matériels électriques
  2. Le contrôle de combustion et l'entretien des installations de chauffage alimentées en combustible liquide et au gaz,l'atelier de réparation de matériel électrique et radio-électrique (pour des appareils ne dépassant pas deux kilowatts),le dépannage à domicile de tout appareil et machine
  3. L'entreprise d'installation de chauffage central à eau chaude et à vapeur,l'entreprise de terrassement,l'entreprise de travaux de pose de câbles et de canalisations diverses
  4. L'entreprise générale de voies ferrées,les travaux de soudures de rails,l'entreprise générale d'installations d'équipements de transmission et de gestion des données,d'équipements de télécommande,télécontrôle,télémesure et télégraphie publiques,d'équipements de transmission de radio et de télévision,l'installation de radars et d'antennes,d'équipements informatique et de régulation de processus,l'installation de paratonnerres,antennes de réception,l'entreprise générale d'installations d'équipements hydromécaniques
  5. L'entreprise d'installation d'éclairage,de force motrice et de téléphonie,l'entreprise d'installation d'électricité de bâtiments,équipements de détection d'incendie et de vol,l'installation électronique et électromécanique d'ouvrages d'art ou industriels,l'installation électrique de lignes aériennes de transport électrique,l'installation électrique d'ouvrages portuaires,l'entreprise d'installation de ventilation et d'aération,de chauffage à air chaud,de conditionnement d’air et de tuyauterie industrielle,l'entreprise de pose en tranchées de câbles électriques d'énergie et de télécommunication avec connexion,distribution d'eau et pose de canalisation diverses
  6. La plantation et la déplantation de pylônes ainsi que les travaux de terrassement
  7. L’activité de courtier en TELECOMS,d’opérateur internet,l’installation de VOOcorder,l’amélioration de la réception WIFI,l’implantation et l’installation de réseaux de (télé)communication et l’installations informatiques,d’antennes et de relais,de la prospection,en passant par l’installation,la mise en œuvre et la maintenance,la vente d’appareils et d’outillage de télécommunication
  8. La construction de réseau basse tension,ainsi que la construction de réseaux locaux de télédistribution et de télésurveillance ainsi que l'achat,la vente et l'entretien du matériel nécessaire à cette activité
  9. L'achat,la détention,la vente,la cession,l'échange,la location (sous-location),la gestion de toute valeur immobilière,action,obligation,part sociale,la prise de participation sous quelque forme que ce soit dans des sociétés industrielles,commerciales,financières,agricoles ainsi que la réalisation de toutes opérations financières à l'exception de celles réservées par la loi aux banques et caisses d'épargne et celles dites de gestion de fortune et de conseils en placements.Elle a également pour objet l'intervention dans la cession d'actions ainsi que la remise et la reprise d'affaires
  10. Elle pourra ériger toutes constructions pour son compte ou pour compte de tiers,en tant que maître de l’ouvrage et effectuer,éventuellement aux biens immobiliers,des transformations et mise en valeur
  11. L’assistance,l’expertise,le conseil et la gestion de sociétés ou groupes de sociétés de toutes formes juridiques,principalement mais pas exclusivement sur le plan du management,de la gestion financière,de la gestion administrative,marketing de la production,de la recherche-développement,de la gestion des ressources humaines et de la gestion des transactions commerciales au niveau national et international
  12. L'import-export de tout type de matériel,la représentation et l'intervention en tant qu'intermédiaire commercial
  13. La fabrication,l'achat,la vente,la location,l'entretien de machines industrielles et de tout type de matériel
deed of 04-11-2021 (in French)

Registered office and establishments

2 establishments
Establishment Since Unit number
Parc Ind. des Hauts Sarts, 1e av 87 registered office 4040 Herstal 08-06-2000 2.093.869.714
Rue de Bordeaux 33 6040 Charleroi 2521013 Manufacture of fabricated metal products, except machinery and equipment 01-03-2010 2.224.391.924

Recognitions

Recognised contractor

16 categories
VD CABLING SAapproval number 19632
  • C2 Water supply and laying all kinds of pipesclass 1, up to €162,000
  • C6 Laying power and telecom cables in trenchesclass 1, up to €162,000
  • D17 Central heating, thermal installationsclass 1, up to €162,000
  • D18 Ventilation, warm-air heating and air conditioningclass 1, up to €162,000
  • H1 Rail weldingclass 1, up to €162,000
  • L1 Pipework installationsclass 1, up to €162,000
  • M1 Industrial and high-frequency electronic equipmentclass 1, up to €162,000
  • P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 5, up to €2,172,000
Show all 16 categories
  • P2 Electrical and electromechanical installations of structures and industry, outdoor installationsclass 7, up to €6,396,000
  • P3 Overhead power linesclass 5, up to €2,172,000
  • P4 Electrical installations of port facilitiesclass 1, up to €162,000
  • S1 Public telephone and telegraph equipmentclass 5, up to €2,172,000
  • S2 Remote control, monitoring and meteringclass 1, up to €162,000
  • S3 Radio and television transmission, radar and antennasclass 1, up to €162,000
  • S4 Data processing and process controlclass 1, up to €162,000
  • T2 Lightning conductors, receiving aerialsclass 1, up to €162,000
decision 12-05-2021

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0471.775.732