VdW-electronics
ActiveSummary
VdW-electronics has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166,234 and a net result of €22,317. Its solvency ranks better than 42% of 34,747 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
- Staff
- 1 FTE
- Equity
- €166,234
- Profit
- €22,317
- Board
- 4 members
Why 82raises riskFounded in 2023Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.57, cash €74,565Size: total assets €415,570Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 43% on solvency, 67% on liquidity, 50% on profitability and 63% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 7 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity more than triplescurrent ratio 1.57
- Equity above €150,000equity €166,234 ▲15.5%
Financials · financial year 2025, micro format
2025 annual accounts filed late (14 days) Filed on 14 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00398148.
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 71% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €55,886 | €59,459 | ▲ 6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57,938 | €33,645 | ▼ 41.9% |
| Other operating charges640/8 | €3,279 | €4,109 | ▲ 25.3% |
| Gross operating margin9900 | €241,155 | €133,251 | ▼ 44.7% |
| Operating profit (loss)9901 | €124,052 | €36,038 | ▼ 70.9% |
| Financial income75/76B | €596 | €434 | ▼ 27.2% |
| Recurring financial income75 | €596 | €434 | ▼ 27.2% |
| Financial charges65/66B | €5,344 | €7,579 | ▲ 41.8% |
| Recurring financial charges65 | €5,344 | €7,579 | ▲ 41.8% |
| Profit (loss) for the period before taxes9903 | €119,304 | €28,894 | ▼ 75.8% |
| Income taxes67/77 | €25,387 | €6,577 | ▼ 74.1% |
| Profit (loss) for the period9904 | €93,917 | €22,317 | ▼ 76.2% |
| Profit (loss) for the period to be appropriated9905 | €93,917 | €22,317 | ▼ 76.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €439,067 | €415,570 | ▼ 5.4% |
| Fixed assets21/28 | €341,986 | €311,458 | ▼ 8.9% |
| Intangible fixed assets21 | €116,964 | €103,964 | ▼ 11.1% |
| Tangible fixed assets22/27 | €224,690 | €207,162 | ▼ 7.8% |
| Land and buildings22 | €190,943 | €185,584 | ▼ 2.8% |
| Plant, machinery and equipment23 | €4,860 | €2,448 | ▼ 49.6% |
| Furniture and vehicles24 | €28,887 | €16,319 | ▼ 43.5% |
| Other tangible fixed assets26 | - | €2,810 | - |
| Financial fixed assets28 | €332 | €332 | = |
| Current assets29/58 | €97,081 | €104,112 | ▲ 7.2% |
| Stocks and contracts in progress3 | €3,252 | €4,896 | ▲ 50.6% |
| Stocks30/36 | €3,252 | €4,896 | ▲ 50.6% |
| Amounts receivable within one year40/41 | €35,723 | €23,747 | ▼ 33.5% |
| Trade receivables40 | €14,365 | €18,914 | ▲ 31.7% |
| Other amounts receivable41 | €21,358 | €4,833 | ▼ 77.4% |
| Cash at bank and in hand54/58 | €56,756 | €74,565 | ▲ 31.4% |
| Deferred charges and accrued income490/1 | €1,350 | €903 | ▼ 33.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €439,067 | €415,570 | ▼ 5.4% |
| Equity10/15 | €143,917 | €166,234 | ▲ 15.5% |
| Contributions10/11 | €50,000 | €50,000 | = |
| Reserves13 | €93,917 | €116,234 | ▲ 23.8% |
| Distributable reserves133 | €93,917 | €116,234 | ▲ 23.8% |
| Amounts payable17/49 | €295,150 | €249,335 | ▼ 15.5% |
| Amounts payable after more than one year17 | €81,724 | €178,460 | ▲ 118% |
| Financial debts170/4 | €81,724 | €178,460 | ▲ 118% |
| Amounts payable within one year42/48 | €209,917 | €66,106 | ▼ 68.5% |
| Current portion of amounts payable after more than one year42 | €13,013 | €41,749 | ▲ 221% |
| Trade debts44 | €22,163 | €6,871 | ▼ 69.0% |
| Suppliers440/4 | €22,163 | €6,871 | ▼ 69.0% |
| Taxes, remuneration and social security45 | €12,231 | €12,720 | ▲ 4.0% |
| Taxes450/3 | €1,491 | €2,166 | ▲ 45.3% |
| Remuneration and social security454/9 | €10,740 | €10,554 | ▼ 1.7% |
| Other amounts payable47/48 | €162,510 | €4,766 | ▼ 97.1% |
| Accrued charges and deferred income492/3 | €3,509 | €4,770 | ▲ 35.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €93,917 | €22,317 | ▼ 76.2% |
| + Depreciation and write-downs630 | €57,938 | €33,645 | ▼ 41.9% |
| Operating cash flow (approximation) | €151,855 | €55,961 | ▼ 63.1% |
| Investment in fixed assets (approximation) | - | -€3,116 | - |
| Change in cash | - | €17,810 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 14-08-2026 | 2026-00398148 |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00363060 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| ROEGIS Ingrid Martha Johanna |
|
| VAN dE WALLE Philip Clement Germana |
|
| VAN DE WALLE Kevin Noë Denise |
|
| VAN DE WALLE Lisa Gabriëlle Marcel |
|
Owners and capital
Capital and shareholders
- VAN dE WALLE Philip Clement Germana 100 shares
- ROEGIS Ingrid Martha Johanna 100 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 20-12-2023 Incorporation · €50,000
- 20-12-2023 Incorporation · €50,000 · 100 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
16-07
Gazette deed
Appointments: VAN DE WALLE Kevin Noë Denise (director) and VAN DE WALLE Lisa Gabriëlle Marcel (director)Amendment of the articles · Declaration · Power of attorney8 facts ▸
- General meeting, “buitengewone algemene vergadering, eenparigheid van stemmen” (deed in Dutch)
- Amendment of the articles, 12
- Declaration, “opleidingsvoorwaarde alarmsystemen, enkel de Heer Van de Walle Philip voldoet aan de opleidingsvoorwaarde voor leidinggevend personeel en is als enige bevoegd v…” (deed in Dutch)
- Director appointment, VAN DE WALLE Kevin Noë Denise (director (not named in the articles))
- Director appointment, VAN DE WALLE Lisa Gabriëlle Marcel (director (not named in the articles))
- Power of attorney, Bernard VANDERPLAETSEN
- Power of attorney, Erika Redel
- Power of attorney
16-07
Gazette deed
Amendment of the articlesIncorporation · Correction3 facts ▸
- Incorporation, 15-12-2023
- Correction, 12-31, 01-01
- Other provision, “overige clausules en modaliteiten blijven van toepassing”, 15-12-2023 (deed in Dutch)
20-12
Gazette deed
IncorporationAppointments: VAN dE WALLE Philip Clement Germana (director) and ROEGIS Ingrid Martha Johanna (director) · Founder · Name clause9 facts ▸
- Incorporation, 15-12-2023
- Founder, VAN dE WALLE Philip Clement Germana
- Founder, ROEGIS Ingrid Martha Johanna
- Name clause, VdW-electronics
- Founding capital, €50,000 (2 times)
- Board rule, 2
- Director appointment, VAN dE WALLE Philip Clement Germana (director (not named in the articles))
- Director appointment, ROEGIS Ingrid Martha Johanna (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 1003.536.660
Recognitions · licences · registrations
Licences in the Official Gazette
2 publications · 2 kindsEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44072E1049/00H000 | Flanders | 949 m² | 1 · 222 m² | 8.4 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het aanbrengen van elektrotechnische installatiewerken aan gebouwen waaronder: bewaking (camera),brandalarm en inbraakalarm; Het aanbrengen…” (deed in Dutch)
14 activities (deed in Dutch)
- Het aanbrengen van elektrotechnische installatiewerken aan gebouwen waaronder: bewaking (camera),brandalarm en inbraakalarm
- Het aanbrengen van elektrotechnische installatiewerken aan gebouwen waaronder: Draadgebonden telecommunicatie
- Het aanbrengen van elektrotechnische installatiewerken aan gebouwen waaronder: Draadloze telecommunicatie
- Overige diensten op het gebied van informatietechnologie en computer: de installatie (configuratie) van PC's en andere informaticaonderdelen
- Detailhandel in computers,randapparatuur en software in gespecialiseerde winkels
- Detailhandel in telecommunicatieapparatuur in gespecialiseerde winkels
- Installatie van verwarming,klimaatregeling en ventilatie: verwarmingssystemen op elektriciteit
- Diensten in verband met beveiligingssystemen: het toezicht,eventueel op afstand,op elektronische beveiligingsapparatuur zoals apparatuur voor brandalarm en alarminstallaties tegen diefstal,ook indien gecombineerd met de installatie en het onderhoud daarvan.
- Alle mogelijke leveringen en verrichtingen welke rechtstreeks of onrechtstreeks verband houden met het onderhoud,de renovatie,het herstel,de verfraaiing,de vernieuwing,de modernisering van alle soorten kunstwerken,gebouwen,inrichtingen,onroerende en roerende goederen en algemeen genomen alle verrichtingen welke rechtstreeks of onrechtstreeks verband houden met openbare,particuliere en industriële bouwwerken
- Kopen,verkopen,huren en verhuren,leasing,contracten aangaan,ruilen,oprichten,doen oprichten van alle roerende en onroerende goederen,materialen en installaties
- Beheer van patrimonium,samengesteld uit roerende en onroerende goederen,materialen en installaties
- Tussenpersoon in handel en industrie
- Kleinhandel in diverse goederen
- Overige zakelijke dienstverlening
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, 9950 Lievegem,Keerstraatje 30” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “11. Ieder jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de zetel, op de dertigste juni om 14 uur. Valt de…” (deed in Dutch)