Financials
- Fiscal year
- 2026
- Total assets
- €1.8m
- Profit
- €58,426
- Solvency
- 2.3%
Total assets▲ 11.7%
Net result
20192026
VENSOL
ActiveSummary
VENSOL has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €39,736 and a net result of €58,426. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 6% of 137 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
General electrical installation work
NACE 43211NACE 45310
#4 oldest company in Mouscron, Construction sector2 sites
Size
€1.8mtotal assets 2026
- Staff
- 11 FTE
- Equity
- €39,736
- Profit
- €58,426
Structure
- Parent
- DECRAENE KRIS · 51.36%
- Board
- 1 member
Accounts 40 d early2 of 8 deeds read
Why 66- Equity €39,736 (2.3% of total assets)- Sector Specialised construction activities (NACE 43)- Size: 11 FTE, total assets €1.8m+ Founded in 1976Show the evidence
Checked score
Score 2026
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 36% of its sector peers (NACE 43, small)
Performance against the sector, not lower risk
Financial strength · tick = 2025
Weak
Solvency
27+19
equity 2.3% of total assets
Liquidity
26+25
short-term debt 70.2% · cash 10.8%
Profitability
51+5
return on assets 3.3%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.3%
12-2024: 3.3%● 0.0% vs 11-2024
01-2025: 3.3%● 0.0% vs 12-2024
02-2025: 3.3%● 0.0% vs 01-2025
03-2025: 3.3%● 0.0% vs 02-2025
04-2025: 3.3%● 0.0% vs 03-2025
05-2025: 3.3%▲ +1.5% vs 04-2025
06-2025: 3.3%● 0.0% vs 05-2025
07-2025: 3.2%▼ -2.5% vs 06-2025
08-2025: 3.3%▲ +0.7% vs 07-2025
09-2025: 3.2%▼ -1.7% vs 08-2025
10-2025: 3.5%▲ +9.8% vs 09-2025
11-2025: 3.7%▲ +6.7% vs 10-2025
12-2025: 3.7%● 0.0% vs 11-2025
01-2026: 3.7%● 0.0% vs 12-2025
02-2026: 3.7%● 0.0% vs 01-2026
03-2026: 3.7%● 0.0% vs 02-2026
04-2026: 3.7%● 0.0% vs 03-2026
05-2026: 3.8%▲ +1.4% vs 04-2026
06-2026: 3.8%● 0.0% vs 05-2026
07-2026: 3.8%▲ +0.9% vs 06-2026
08-2026: 3.9%▲ +0.5% vs 07-2026
09-2026: 3.9%▲ +0.2% vs 08-2026highest value
10-2026: 1.0%▼ -74.2% vs 09-2026lowest value
- Equity €39,736 (2.3% of total assets) raises the probability
- Sector Specialised construction activities (NACE 43) raises the probability
- Size: 11 FTE, total assets €1.8m raises the probability for this profile
- Founded in 1976 lowers the probability for this profile
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.09 in 2025; short-term debt: 70.2% and cash: 10.8% of total assets), and 97.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, small). Better than this share of them on solvency 4%, liquidity 18%, profitability 24%, growth against the median 97%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 137 sector peers (2026).
NBB · sector comparisonPosition among 137 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 21-09-2026, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
40 d early
2025
11 d early
2024
29 d early
2023
1 d early
2022
21 d early
2021
4 d late
2020
12 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 10 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-03-2027 close31-10-2027 deadline
- Annual accounts filedfiscal year 2026 · abbreviated…
- Appointment: DECRAENE KRIS (director)Statutes amendment · Capital conversion…
- Highest result since 2019net €58,426 ▲31.2%
Key points
- Caution: Among the weakest 6% on solvencysector median 48.5% · 137 companies 2.3% View
- Controlled by DECRAENE KRIS 51.36% View
- Positive: 6 profitable years in a rowprofit 2026: €58,426 6 years View
- New directorlatest change 02-04-2026 · 1 in office 1 joined View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
- Active since 1976founded 01-01-1976 50 years View
By topic
Board & ownership
- Board
- 1 member
- Parent
- DECRAENE KRIS · 51.36%
Go to Board & ownership
Timeline
- Events
- 15
- Since
- 2017
- Next accounts
- by 31-10-2027
- 21-09-2026Annual accounts filed
- 02-04-2026Appointment: DECRAENE KRIS (director)
- 31-03-2026Highest result since 2019
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 01-01-1976
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 29
- Annual meeting
- First Saturday of September at 10:00
- Purpose
- L'entreprise d'installations d'éclairage,de force motrice,de téléphonie intérieure,de…
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