Equity
€127,777 ▲ 106%
Equity rose in 2025 from €62,141 to €127,777.
VG Technics
Lifetime
2 annual accounts with figures on one time axispeak €96,239 (2025)
€96,239▲ 18.6%
peak €65,636 (2025)
€65,636▲ 14.9%
peak €127,777 (2025)
€127,777▲ 106%
€145,836▲ 146%
Board1 name since 2024
1 directorVAN GUCHT Niel
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from €81,121 to €96,239Equity from €62,141 to €127,777Debts from €59,202 to €145,836Cash from €95,939 to €236,501
Key points
from the 2025 annual accountsDebts
€145,836 ▲ 146%
Debts rose by €86,634 in 2025.
Position in the sector
€65,636
Higher net result than 90% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
Checked score
91
Excellent
Financially stronger than 75% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 0.2%
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026lowest value
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.2%▼ -0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.91, cash €236,501
Equity €127,777 (46.7% of total assets)
Calculation
The band follows from the bankruptcy probability. 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). It does better than 50% of them on solvency, 74% on liquidity, 84% on profitability and 92% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as VG Technics has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VG Technics itself is lower: 0.2% within 12 months. It rests on far more data about VG Technics than the profile alone.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for VG Technics. 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 of up to €11,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 1.91 (1.81 in 2024), above the usual 1.5. Short-term debt is 49.3% and cash 86.4% of total assets. However, 53.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
3 days early
2024
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 17 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VAN GUCHT Niel founderdeed of 10-06-2024
- BORKES Kimberlydeed of 10-06-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010106332
Incorporation
Founding capital of €5,000, 50 shares · Founder: VAN GUCHT Niel · Appointment: VAN GUCHT Niel (director) · published on 10-06-2024 · Gazette deed
First establishment
Wijngaardestraat 60, Tienen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VG Technics Tienen | €273,613 | €96,239 | 46.7% | - |
| Van Gramberen Bekkevoort | €228,972 | €109,485 | 20.2% | - |
| Moodix Waregem | €280,334 | €103,902 | 2.4% | - |
| ELEKTRICITEITSWERKEN STROEF Maldegem | €281,928 | €85,529 | 30.3% | - |
| OH-ENGINEERING AND CONSULTING Ghent | €306,076 | €94,052 | 26.3% | - |
| CRUYDT MAXIM Ledegem | €243,404 | €90,318 | 25.9% | - |
| Electricité, Isolation, Chauffage Mouscron | €305,458 | €101,713 | 6.5% | - |
These companies have the same main activity as VG Technics: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €229,000 and €306,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 06-06-2024Normal situation
- Activity
- General electrical installation workNACE 43211and 5 others
- Establishment unit
- 2.361.603.5703300 Tienen, since 06-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 06-04-2025
Annual accounts 2025
- ≈ €380,000estimated
- €273,613▲ 125%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on VG Technics
VG Technics has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127,777 and a net result of €65,636.
Its solvency ranks better than 50% of 35,156 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VG Technics
- What is the company number of VG Technics?
- The company number of VG Technics is 1010.106.332. The VAT number is the same number with BE in front: BE 1010.106.332.
- Where is VG Technics based?
- The registered office is at Wijngaardestraat 60, 3300 Tienen.Company details
- What does VG Technics do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of VG Technics?
- VG Technics is a private limited company (BV).
- When was VG Technics founded?
- VG Technics was founded on 06-06-2024.
- Is VG Technics still active?
- Yes, VG Technics is an active enterprise in the KBO register.
- What is the turnover of VG Technics?
- The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €96,239 and 40 comparable companies (NACE 43211). It probably lies between €230,000 and €590,000.Financials
- Is VG Technics profitable?
- In financial year 2025, VG Technics made a profit of €65,636.
- Where can I find the annual accounts of VG Technics?
- VG Technics filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VG Technics due?
- VG Technics must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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