Equity
VD CABLING has made a profit without a break since 2021.
VD CABLING has made a profit without a break since 2021.
The result fell in 2025 from €207,263 to €113,286.
5 years of growth in a row. Turnover 2025: €10.6m.
In 2025, 79 people joined and 50 left.
VD CABLING pays its suppliers 145 days earlier than in 2024. Customers pay 69 days later.
Two of the last ten came late. The 2019 accounts came latest: 158 days after the end of the period.
In July 2024, 1,884 companies had the same profile as VD CABLING has now. Each dot stands for 5 companies, two years later.
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.
| 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.
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.
| 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 |
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.
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.
Higher than 43% of 3,486 companies in 2024.
Higher than 11% of 3,453 companies in 2024.
Higher than 37% of 3,472 companies in 2024.
120.9 men and 4 women in full-time equivalents in 2025.
Men €50,740, women €33,846 per full-time equivalent. Jobs differ, so this is not a pay gap.
In 2025, 79 people joined and 50 left. Training hours in 2025: 564.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
10.1m | 9.6m | 9.5m | 9.1m | 8.6m | 7.7m | 7.8m | 7.9m | 5.5m | 5.3m | 4.4m | 3.9m | 4.2m | 5.7m | 3.9m | 4.0m | 3.2m | 1.7m | |
21/28 |
4.6m | 5.7m | 5.9m | 4.0m | 3.6m | 2.8m | 2.8m | 2.5m | 1.4m | 1.3m | 1.0m | 979,028 | 1.0m | 1.2m | 907,655 | 1.1m | 608,183 | 329,457 | |
22/27 |
2.7m | 3.8m | 4.1m | 3.9m | 3.5m | 2.6m | 2.6m | 2.3m | 1.3m | 1.2m | 930,818 | 897,842 | 968,143 | 1.2m | 892,088 | 1.1m | 590,248 | 317,619 | |
22 |
930,705 | 1.0m | 1.1m | 1.2m | 1.3m | 1.4m | 1.5m | 534,017 | 555,623 | 594,705 | 640,059 | 692,872 | 729,048 | 820,500 | 454,962 | 490,268 | 54,189 | 71,562 | |
23 |
1,169 | 1.3m | 1.4m | 1.5m | 1.1m | 341,655 | 44,133 | 12,243 | 7,710 | 3,387 | 545 | 919 | 348 | 643 | 6,402 | 14,762 | 21,285 | 8,009 | |
24 |
649,147 | 504,602 | 732,302 | 833,241 | 865,417 | 800,605 | 939,511 | 1.2m | 401,135 | 351,130 | 290,214 | 204,051 | 238,747 | 367,811 | 426,556 | 573,725 | 456,922 | 131,533 | |
25 |
1.1m | 993,031 | 815,754 | 381,715 | 182,214 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
- | - | - | 3,646 | 4,997 | 6,347 | - | - | - | - | - | - | - | - | - | - | - | - | |
27 |
- | - | - | - | - | - | - | 303,457 | 87,023 | 62,719 | - | - | - | - | - | - | - | - | |
28 |
1.9m | 1.9m | 1.8m | 121,668 | 105,573 | 166,543 | 164,843 | 164,843 | 108,121 | 112,794 | 85,074 | 81,186 | 59,734 | 59,734 | 15,567 | 19,132 | 17,935 | 11,838 | |
280/1 |
1.7m | 1.7m | 1.7m | 9,000 | - | 61,400 | 61,400 | 61,400 | - | - | - | - | - | - | - | - | - | - | |
280 |
1.7m | 1.7m | 1.7m | 9,000 | - | 61,400 | 61,400 | 61,400 | - | - | - | - | - | - | - | - | - | - | |
284/8 |
149,464 | 149,415 | 112,714 | 112,668 | 105,573 | 105,143 | 103,443 | 103,443 | 108,121 | 112,794 | 85,074 | 81,186 | 59,734 | 59,734 | 15,567 | - | - | - | |
285/8 |
149,464 | 149,415 | 112,714 | 112,668 | 105,573 | 105,143 | 103,443 | 103,443 | 108,121 | 112,794 | 85,074 | 81,186 | 59,734 | 59,734 | 15,567 | - | - | - | |
29/58 |
5.6m | 3.9m | 3.6m | 5.1m | 5.1m | 4.9m | 5.0m | 5.5m | 4.1m | 4.0m | 3.3m | 3.0m | 3.2m | 4.4m | 3.0m | 2.8m | 2.6m | 1.4m | |
29 |
- | - | - | 1.5m | 1.5m | 1.5m | 1.4m | 1.4m | 615,779 | 683,304 | 750,828 | 818,353 | 617,989 | 617,989 | - | - | - | - | |
291 |
- | - | - | 1.5m | 1.5m | 1.5m | 1.4m | 1.4m | 615,779 | 683,304 | 750,828 | 818,353 | 617,989 | 617,989 | - | - | - | - | |
3 |
- | - | - | - | - | - | - | 63,500 | 86,029 | 86,833 | - | - | - | - | - | - | 463,442 | 338,233 | |
30/36 |
- | - | - | - | - | - | - | 63,500 | 86,029 | 86,833 | - | - | - | - | - | - | - | - | |
34 |
- | - | - | - | - | - | - | 63,500 | 86,029 | 86,833 | - | - | - | - | - | - | - | - | |
37 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 463,442 | 338,233 | |
40/41 |
4.7m | 2.6m | 2.9m | 2.7m | 2.9m | 2.8m | 3.0m | 3.7m | 2.9m | 2.4m | 2.4m | 1.9m | 2.3m | 3.8m | 1.9m | 2.7m | 2.0m | 991,682 | |
40 |
4.2m | 2.2m | 2.4m | 2.3m | 2.6m | 2.5m | 2.6m | 3.6m | 2.0m | 2.0m | 1.8m | 1.5m | 1.6m | 2.2m | 1.3m | 2.4m | 1.9m | 371,871 | |
41 |
458,459 | 440,678 | 451,252 | 397,829 | 341,192 | 310,425 | 365,128 | 67,401 | 889,352 | 394,421 | 572,623 | 438,773 | 642,044 | 1.6m | 649,645 | 287,659 | 65,426 | 619,811 | |
54/58 |
761,290 | 1.2m | 459,307 | 537,384 | 282,352 | 246,510 | 512,194 | 100,384 | 435,518 | 851,998 | 147,294 | 178,608 | 217,142 | 3,482 | 1.1m | 142,943 | 167,123 | 2,209 | |
490/1 |
106,886 | 90,178 | 277,601 | 377,234 | 352,258 | 312,234 | 158,976 | 217,998 | 46,924 | 34,119 | 56,825 | 52,053 | 40,177 | 7,764 | 6,403 | 28,087 | 6,403 | 59,716 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
10.1m | 9.6m | 9.5m | 9.1m | 8.6m | 7.7m | 7.8m | 7.9m | 5.5m | 5.3m | 4.4m | 3.9m | 4.2m | 5.7m | 3.9m | 4.0m | 3.2m | 1.7m | |
10/15 |
3.5m | 3.4m | 3.3m | 3.3m | 3.2m | 2.9m | 3.0m | 2.8m | 2.3m | 1.9m | 1.2m | 1.0m | 728,057 | 1.5m | 1.6m | 723,079 | 640,323 | 943,515 | |
10/11 |
79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 300,000 | |
10 |
79,800 | 79,800 | 79,800 | 79,800 | 79,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 79,800 | 300,000 | |
12 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 254,225 | 254,225 | 254,225 | 259,923 | |
13 |
45,504 | 45,504 | 45,504 | 45,504 | 45,504 | 45,504 | 45,504 | 45,504 | 45,504 | 45,504 | 45,504 | 45,504 | 45,283 | 45,186 | 45,186 | 45,186 | 45,186 | 67,500 | |
130/1 |
7,980 | 7,980 | 7,980 | 7,980 | 7,980 | 7,980 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
7,980 | 7,980 | 7,980 | 7,980 | 7,980 | 7,980 | 7,980 | 7,980 | 7,980 | 7,980 | 7,980 | 7,980 | 7,980 | 7,980 | 7,980 | 7,980 | 7,980 | 30,000 | |
132 |
37,524 | 37,524 | 37,524 | 37,524 | 37,524 | 37,524 | 37,524 | 37,524 | 37,524 | 37,524 | 37,524 | 37,524 | 37,303 | 37,206 | 37,206 | 37,206 | 37,206 | 37,500 | |
14 |
3.3m | 3.2m | 3.1m | 3.1m | 3.0m | 2.7m | 2.8m | 2.6m | 2.1m | 1.7m | 1.0m | 825,222 | 514,988 | 1.3m | 1.2m | 339,496 | 256,366 | 309,928 | |
15 |
53,439 | 58,886 | 64,551 | 71,749 | 78,160 | 86,805 | 96,306 | 55,816 | 50,921 | 55,079 | 60,075 | 66,396 | 87,986 | 81,408 | 4,074 | 4,372 | 4,746 | 6,164 | |
16 |
120,000 | - | - | 668 | 798 | 928 | 1,058 | 1,188 | 1,318 | 1,448 | 1,578 | 1,708 | 1,838 | 1,968 | 2,098 | 2,251 | 2,444 | 84,906 | |
160/5 |
120,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 81,732 | |
164/5 |
120,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
168 |
- | - | - | 668 | 798 | 928 | 1,058 | 1,188 | 1,318 | 1,448 | 1,578 | 1,708 | 1,838 | 1,968 | 2,098 | 2,251 | 2,444 | 3,174 | |
17/49 |
6.5m | 6.2m | 6.2m | 5.8m | 5.5m | 4.8m | 4.8m | 5.1m | 3.2m | 3.5m | 3.2m | 2.9m | 3.5m | 4.1m | 2.3m | 3.2m | 2.6m | 692,876 | |
17 |
1.4m | 1.5m | 1.7m | 1.5m | 1.4m | 1.5m | 1.6m | 1.4m | 739,365 | 976,004 | 1.0m | 1.2m | 675,172 | 848,831 | 647,087 | 754,754 | 389,240 | 157,736 | |
170/4 |
1.4m | 1.5m | 1.7m | 1.5m | 1.4m | 1.5m | 1.6m | 1.3m | 535,136 | 626,625 | 542,512 | 588,095 | 675,172 | 848,831 | 647,087 | 754,754 | 389,240 | 157,736 | |
172 |
704,049 | 675,699 | 563,906 | 271,218 | 142,400 | - | 3,478 | 55,223 | 91,960 | 80,897 | - | - | - | - | - | - | - | - | |
173 |
731,075 | 866,129 | 1.1m | 1.2m | 1.3m | 1.5m | 1.6m | 1.2m | 443,177 | 545,728 | 542,512 | 588,095 | 675,172 | 848,831 | 647,087 | - | - | - | |
175 |
- | - | - | - | - | - | - | 131,654 | 204,229 | 349,379 | 494,528 | 639,678 | - | - | - | - | - | - | |
1750 |
- | - | - | - | - | - | - | 131,654 | 204,229 | 349,379 | 494,528 | 639,678 | - | - | - | - | - | - | |
178/9 |
1,400 | 1,600 | 1,600 | 4,700 | 1,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
5.1m | 4.6m | 4.5m | 4.3m | 4.0m | 3.4m | 3.2m | 3.7m | 2.5m | 2.4m | 2.1m | 1.7m | 2.8m | 3.3m | 1.6m | 2.4m | 2.2m | 531,358 | |
42 |
822,216 | 856,127 | 982,374 | 689,666 | 704,016 | 547,549 | 552,384 | 591,728 | 396,691 | 376,187 | 111,928 | 156,635 | 173,659 | 448,468 | 551,227 | 371,375 | 265,556 | 102,537 | |
43 |
1.0m | 1.0m | 850,000 | 800,000 | 500,000 | 500,000 | 375,000 | 375,000 | 250,000 | 500,000 | 625,000 | 661,511 | 699,703 | 599,751 | 58,776 | - | 125,000 | 155,860 | |
430/8 |
1.0m | 1.0m | 850,000 | 800,000 | 500,000 | 500,000 | 375,000 | 375,000 | 250,000 | 500,000 | 625,000 | 661,511 | 699,703 | 599,751 | 58,776 | - | 125,000 | 155,860 | |
44 |
454,185 | 2.0m | 2.1m | 2.1m | 2.1m | 2.0m | 1.8m | 2.3m | 1.1m | 912,030 | 800,757 | 520,157 | 1.3m | 1.5m | 515,904 | 936,806 | 1.3m | 79,462 | |
440/4 |
454,185 | 2.0m | 2.1m | 2.1m | 2.1m | 2.0m | 1.8m | 2.3m | 1.1m | 912,030 | 800,757 | 520,157 | 1.3m | 1.5m | 515,904 | 936,806 | 1.3m | 79,462 | |
45 |
1.1m | 624,080 | 610,007 | 712,944 | 656,044 | 318,711 | 401,654 | 490,967 | 669,063 | 632,612 | 274,330 | 328,807 | 557,227 | 453,689 | 492,261 | 825,153 | 330,957 | 193,499 | |
450/3 |
230,320 | 35,758 | 71,465 | 197,999 | 208,669 | 93,870 | 122,371 | 164,437 | 346,937 | 313,379 | 23,363 | 95,927 | 183,582 | 369,806 | 316,402 | 243,591 | 190,369 | 76,852 | |
454/9 |
877,309 | 588,322 | 538,542 | 514,945 | 447,376 | 224,840 | 279,283 | 326,530 | 322,125 | 319,233 | 250,967 | 232,880 | 373,645 | 83,883 | 175,860 | 581,562 | 140,588 | 116,647 | |
47/48 |
1.7m | 157,175 | 4,616 | 705 | 100,000 | 6,173 | 9,777 | 8,786 | 6,473 | 6,473 | 306,473 | 6,473 | 6,821 | 316,201 | 8,251 | 261,210 | 164,885 | - | |
492/3 |
2,809 | 7,954 | 8,265 | 8,162 | 38,628 | 2,485 | 744 | 29,278 | 2,576 | 62,341 | 9,917 | 12,475 | 7,905 | 9,728 | 1,230 | 76,246 | 835 | 3,782 | |
| Income statement | |||||||||||||||||||
70/76A |
11.0m | 10.6m | 10.2m | 9.3m | 8.7m | 6.6m | 7.9m | 9.1m | 8.3m | 8.0m | 6.5m | 5.5m | 6.2m | 7.1m | 8.5m | - | - | - | |
70 |
10.6m | 10.3m | 9.8m | 8.8m | 8.3m | 6.4m | 7.8m | 9.0m | 8.1m | 7.8m | 6.3m | 5.4m | 6.1m | 6.9m | 8.4m | - | - | - | |
72 |
- | - | 31,298 | 213,015 | 162,480 | 43,560 | - | - | - | - | - | - | - | 50,000 | - | - | - | - | |
74 |
351,619 | 305,549 | 292,310 | 277,239 | 247,473 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
76A |
34,585 | 14,060 | 76,069 | 37,921 | 30,224 | 8,600 | 5,995 | 20,825 | 24,909 | 6,123 | 19,640 | 90,999 | 30,935 | 26,572 | 4,783 | 3,203 | - | 39,783 | |
9900 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.7m | 2.6m | 1.3m | |
60/66A |
10.7m | 10.2m | 10.1m | 9.1m | 8.3m | 6.6m | 7.7m | 8.4m | 7.6m | 6.9m | 5.8m | 5.0m | 6.0m | 6.6m | 7.0m | - | - | - | |
60 |
1.0m | 1.7m | 1.9m | 1.6m | 1.7m | 2.5m | 2.9m | 3.0m | 2.2m | 2.1m | 2.0m | 1.7m | 2.1m | 2.0m | 2.0m | - | - | - | |
600/8 |
1.0m | 1.7m | 1.9m | 1.6m | 1.7m | 2.5m | 2.8m | 2.9m | 2.2m | 2.2m | 2.0m | 1.7m | 2.1m | 2.0m | 2.0m | - | - | - | |
609 |
- | - | - | - | - | - | 63,500 | 22,529 | 804 | -86,833 | - | - | - | - | - | - | - | - | |
61 |
2.3m | 2.0m | 2.1m | 1.9m | 1.6m | 1.2m | 1.3m | 1.5m | 1.7m | 1.3m | 1.1m | 1.1m | 1.1m | 1.4m | 1.4m | - | - | - | |
62 |
6.3m | 5.5m | 5.3m | 4.9m | 4.2m | 2.2m | 2.6m | 3.2m | 3.4m | 3.2m | 2.4m | 1.9m | 2.4m | 2.8m | 3.1m | 3.6m | 1.6m | 1.0m | |
630 |
652,563 | 756,875 | 691,074 | 673,059 | 693,076 | 665,041 | 798,686 | 561,730 | 382,474 | 260,544 | 196,992 | 213,076 | 310,037 | 396,462 | 392,271 | 554,748 | 388,864 | 178,187 | |
631/4 |
54,985 | 56,811 | 48,936 | 885 | -18,347 | -67,895 | -2,367 | -5,424 | 9,494 | 10,733 | 4,380 | 18,347 | - | - | 30,642 | - | - | - | |
635/8 |
120,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,603 | |
640/8 |
57,181 | 55,387 | 57,814 | 57,599 | 41,467 | 38,002 | 35,906 | 63,153 | 47,475 | 50,708 | 42,323 | 28,293 | 30,886 | 33,400 | 25,805 | 29,948 | 22,153 | 20,675 | |
66A |
238,606 | 111,290 | 4,788 | 71,128 | 61,936 | 73,442 | 19,580 | 19,362 | 9,660 | 5,198 | 4,435 | 1.0m | 138,590 | 12,285 | 14,328 | 3,906 | 1,000 | - | |
9901 |
343,044 | 394,946 | 130,892 | 164,570 | 438,098 | -90,349 | 196,168 | 744,383 | 676,739 | 1.0m | 648,172 | 506,751 | 214,445 | 483,104 | 1.6m | 570,011 | 571,371 | 40,375 | |
75/76B |
28,360 | 27,295 | 90,196 | 88,484 | 131,153 | 79,483 | 81,812 | 72,250 | 88,680 | 74,248 | 69,015 | 85,407 | 76,209 | 114,101 | 34,926 | 7,714 | 704 | 46,723 | |
75 |
28,360 | 24,666 | 90,196 | 88,484 | 131,153 | 79,483 | 81,812 | 72,250 | 88,680 | 74,248 | 69,015 | 85,407 | 76,209 | 114,101 | 34,926 | 7,714 | 704 | 46,723 | |
750 |
- | - | - | - | - | - | - | - | 2 | 6 | - | - | - | - | - | - | - | - | |
751 |
- | - | - | - | - | - | 3 | 5 | 4 | 13 | 330 | 780 | 537 | 3,295 | 2,484 | - | - | - | |
752/9 |
28,360 | 24,666 | 90,196 | 88,484 | 131,153 | 79,483 | 81,809 | 72,245 | 88,674 | 74,228 | 68,685 | 84,627 | 75,672 | 110,807 | 32,442 | - | - | - | |
76B |
- | 2,630 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
171,785 | 106,065 | 127,612 | 30,725 | -33,725 | 69,525 | 56,483 | 46,017 | 41,814 | 47,440 | 162,147 | -676,428 | 1.0m | 299,079 | 145,004 | 65,280 | 58,045 | 26,517 | |
65 |
171,785 | 106,065 | 127,612 | 30,725 | -33,725 | 69,525 | 56,483 | 46,017 | 41,814 | 47,440 | 162,147 | -676,428 | 1.0m | 299,079 | 145,004 | 65,280 | 58,045 | 26,517 | |
650 |
154,368 | 161,478 | 118,888 | 57,266 | 49,089 | 66,555 | 53,964 | 39,687 | 38,761 | 42,593 | 57,890 | 68,519 | 141,579 | 61,594 | 58,470 | - | - | - | |
651 |
- | -62,147 | - | -33,847 | -85,165 | - | - | - | - | - | 85,075 | -769,797 | 812,871 | 200,000 | - | - | - | - | |
652/9 |
17,417 | 6,734 | 8,723 | 7,306 | 2,352 | 2,970 | 2,519 | 6,330 | 3,053 | 4,847 | 19,182 | 24,850 | 52,711 | 37,486 | 86,534 | - | - | - | |
9903 |
199,618 | 316,176 | 93,476 | 222,329 | 602,976 | -80,390 | 221,497 | 770,616 | 723,605 | 1.1m | 570,246 | 310,388 | -824,162 | 312,413 | 1.4m | 511,743 | 513,030 | 100,364 | |
780 |
- | - | 668 | 130 | 130 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
86,332 | 108,914 | 73,556 | 83,809 | 203,074 | 78,620 | 12,819 | 269,978 | 287,204 | 391,266 | 89,038 | 64 | 130 | 149,086 | 549,567 | 228,805 | 211,296 | 58,749 | |
670/3 |
86,332 | 108,914 | 73,556 | 83,809 | 203,188 | 78,620 | 15,158 | 269,978 | 287,204 | 391,266 | 89,234 | 196 | 133 | 149,086 | 549,567 | - | - | - | |
77 |
- | - | - | - | 115 | - | 2,339 | - | - | - | 196 | 133 | 3 | - | - | - | - | - | |
9904 |
113,286 | 207,263 | 20,588 | 138,649 | 400,033 | -158,879 | 208,809 | 500,768 | 436,530 | 668,890 | 481,338 | 310,455 | -824,161 | 163,457 | 882,069 | 283,131 | 301,949 | 41,965 | |
689 |
- | - | - | - | - | - | - | - | - | - | - | 221 | 97 | - | - | - | - | - | |
9905 |
113,286 | 207,263 | 20,588 | 138,649 | 400,033 | -158,879 | 208,809 | 500,768 | 436,530 | 668,890 | 481,338 | 310,233 | -824,259 | 163,457 | 882,069 | 283,131 | 301,949 | 41,965 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
3.3m | 3.3m | 3.1m | 3.1m | 3.1m | 2.7m | 2.8m | 2.6m | 2.1m | 1.7m | 1.3m | 825,222 | 514,988 | 1.4m | 1.2m | 539,496 | 406,366 | 309,928 | |
14P |
3.2m | 3.1m | 3.1m | 3.0m | 2.7m | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 254,225 | - | - | - | - | |
792 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 254,225 | - | - | - | - | |
694/7 |
- | 150,000 | - | - | 100,000 | - | - | - | - | - | 300,000 | - | - | 300,000 | - | 200,000 | 150,000 | - | |
694 |
- | 150,000 | - | - | 100,000 | - | - | - | - | - | 300,000 | - | - | 300,000 | - | 200,000 | 150,000 | - | |
| Social balance sheet | |||||||||||||||||||
9087 |
124.9 | 107.3 | 107.3 | 105.9 | 91.9 | 49.6 | 56.7 | 73 | 78.7 | 76.3 | 62.5 | 56.9 | 58.5 | 66.7 | 79.4 | 92.6 | 51 | 32.7 | |
Men (FTE)1003 |
120.9 | 106.2 | 106.3 | 103.5 | 89.5 | 47.3 | 55.7 | 71.7 | 77.5 | 75.7 | 62.3 | 56.7 | 57 | 65.1 | - | - | - | - | |
Women (FTE)1003 |
4 | 1 | 1 | 2.4 | 2.4 | 2.3 | 1 | 1.3 | 1.2 | 0.6 | 0.2 | 0.2 | 1.5 | 1.6 | - | - | - | - | |
Agency workers1501 |
- | - | - | - | - | - | - | - | - | - | - | 0.9 | 1 | 1.1 | 5.1 | - | - | - | |
Hours worked1013 |
161,260 | 144,770 | 144,800 | 152,244 | 132,746 | 66,283 | 84,194 | 108,059 | 119,156 | 115,811 | 87,417 | 69,337 | 85,211 | 97,592 | 117,129 | 153,843 | 82,643 | 43,884 | |
| Document | |||||||||||||||||||
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.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 29-05-2026 | 2026-00126166 | |
| 31-12-2024 | full format | 16-05-2025 | 2025-00099893 | |
| 31-12-2023 | full format | 25-07-2024 | 2024-00300020 | |
| 31-12-2022 | full format | 28-07-2023 | 2023-00300003 | |
| 31-12-2021 | full format | 13-05-2022 | 2022-20028139 | |
| 31-12-2020 | full format | 23-07-2021 | 2021-39600101 | |
| 31-12-2019 | full format | 05-01-2021 | 2021-00200307 | |
| 31-12-2018 | full format | 19-08-2019 | 2019-47500521 | |
| 31-12-2017 | full format | 22-06-2018 | 2018-22000260 | |
| 31-12-2016 | full format | 26-06-2017 | 2017-24000419 | |
| 31-12-2015 | full format | 31-05-2016 | 2016-14300050 | |
| 31-12-2014 | full format | 03-12-2015 | 2015-68200155 | |
| 31-12-2013 | full format | 08-12-2014 | 2014-68700138 | |
| 31-12-2012 | full format | 05-03-2014 | 2014-05900303 | |
| 31-12-2011 | full format | 18-07-2012 | 2012-30700368 | |
| 31-12-2010 | full format | 09-09-2011 | 2011-54000557 | |
| 31-12-2009 | full format | 23-09-2010 | 2010-55000462 | |
| 31-12-2008 | full format | 28-08-2009 | 2009-59900364 | |
| 31-12-2007 | full format | 22-07-2008 | 2008-42400295 | |
| 31-12-2006 | full format | 25-06-2007 | 2007-31500329 | |
| 31-12-2005 | full format | 25-08-2006 | 2006-67700911 | |
| 31-12-2004 | full format | 21-06-2005 | 2005-30105331 | |
| 30-06-2003 | full format | 08-01-2004 | 2004-00603738 | |
| 30-06-2002 | full format | 06-12-2002 | 2002-75300049 | |
| 30-06-2001 | full format | 15-02-2002 | 2002-04403140 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 995,607 | 1.2m | 821,966 | 837,629 | 1.1m | 574,693 | 994,855 | 1.3m | 1.1m | 1.3m | 845,164 | 719,827 | 524,483 | 879,567 | 1.9m | 1.1m | 960,235 | 218,562 | ||
| 765,849 | 964,138 | 711,662 | 811,708 | 1.1m | 506,162 | 1.0m | 1.1m | 819,004 | 929,434 | 678,329 | 523,531 | -514,124 | 559,919 | 1.3m | 837,879 | 690,813 | 220,152 | ||
| 949,635 | 559,546 | 2.6m | 1.3m | 1.6m | 686,843 | 1.2m | 1.6m | 532,143 | 534,871 | 232,445 | 142,775 | 95,398 | 703,893 | 187,908 | 1.1m | 734,584 | 286,888 | ||
| -462,994 | 764,977 | -78,078 | 255,032 | 35,842 | -265,684 | 411,810 | -335,135 | -416,479 | 704,704 | -31,314 | -38,534 | 213,660 | -1.1m | 911,389 | -24,180 | - | - | ||
| 477,111 | -739,752 | -905,458 | 786,783 | 1.0m | 1.6m | 1.9m | 1.7m | 1.6m | 1.6m | 1.2m | 1.3m | 385,095 | 1.2m | 1.3m | 440,748 | 424,659 | 860,482 | ||
| 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% | ||
| 1.09 | 0.84 | 0.80 | 1.18 | 1.26 | 1.47 | 1.60 | 1.47 | 1.65 | 1.65 | 1.58 | 1.76 | 1.14 | 1.35 | 1.83 | 1.18 | 1.19 | 2.62 | ||
| 1.09 | 0.84 | 0.80 | 1.18 | 1.26 | 1.47 | 1.60 | 1.45 | 1.61 | 1.62 | 1.58 | 1.76 | 1.14 | 1.35 | 1.83 | 1.18 | 0.98 | 1.98 | ||
| 1.88 | 1.84 | 1.88 | 1.76 | 1.73 | 1.68 | 1.57 | 1.84 | 1.40 | 1.87 | 2.66 | 2.87 | 4.74 | 2.68 | 1.42 | 4.46 | 4.06 | 0.73 | ||
| 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% | ||
| 6.45 | 7.13 | 6.91 | 14.63 | 23.04 | 8.63 | 18.44 | 32.91 | 27.33 | 30.38 | 14.60 | 10.51 | 3.70 | 14.28 | 33.24 | - | - | - | ||
| 145 days | 76 days | 90 days | 95 days | 114 days | 145 days | 124 days | 148 days | 90 days | 92 days | 105 days | 100 days | 99 days | 119 days | 55 days | - | - | - | ||
| 50 days | 195 days | 188 days | 224 days | 231 days | 193 days | 157 days | 182 days | 109 days | 97 days | 92 days | 69 days | 151 days | 158 days | 55 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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 131 | 102 | 105 | 104 | 96 |
| full-time | 124 | 98 | 102 | 100 | 93 |
| part-time | 7 | 4 | 3 | 4 | 3 |
| in full-time equivalents | 128.6 | 100.9 | 104.3 | 103.3 | 95.3 |
| 124.9 | 107.2 | 107.3 | 105.9 | 91.9 | |
| On a permanent contract | 129 | 101 | 104 | 100 | 95 |
| Joined | 79 | 28 | 49 | 52 | 63 |
| Left | 50 | 31 | 48 | 44 | 18 |
| Training hours | 564 | 540 | 36 | 36 | 380 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 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)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 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)
The auditor is .
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 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)
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.
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.
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
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
| 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 |
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
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