Skip to content

VGT Cooling & Heating Systems

Active
Private limited companyfounded 2012active for 14 yearsEikeveldstraat 2, 3272 Scherpenheuvel-Zichem, BelgiumKBO/BCE: BE 0845.081.816

From the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VGT Cooling & Heating Systems has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113,084 and a net result of €14,894. Equity has been growing by about 55% per year since 2018. Its solvency ranks better than 70% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

KBO
Status
Active since 05-04-2012 Normal situation
Legal form
Private limited company
Registered office
Eikeveldstraat 2, 3272 Scherpenheuvel-Zichem
Activity
General electrical installation work NACE 43211and 2 others
Establishment unit
2.209.759.968 3272 Scherpenheuvel-Zichem, since 04-05-2012
Financial year end
31 December
Peppol
Reachable since 15-10-2025

Board and ownership

Board

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€23,148
▼ 68.1%
Turnover
≈ €190,000
estimated
Profit
€14,894
▼ 67.4%
Equity
€113,084
▲ 15.2%
Total assets
€174,007
▲ 12.1%
2025 accounts filed 61 days after the deadline
Filed on 30-09-2026at the National Bank
Score breakdownraises riskLast filed accounts filed 61 days late; 1 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)Size: total assets €174,007lowers riskFounded in 2012Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 56% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 90+2
equity 65.0% of total assets
Liquidity 43-6
short-term debt 34.9% · cash 6.7%
Profitability 79-21
return on assets 8.6%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025 09-2025: 1.4%▲ +0.3 percentage points vs 08-2025highest value 10-2025: 0.2%▼ -1.2 percentage points 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 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.7%▲ +0.1 percentage points vs 08-2026 10-2026: 0.8%▲ +0.1 percentage points vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.72 (2.6 in 2024), above the usual 1.5. Short-term debt is 34.9% and cash 6.7% of total assets. 35% of the assets are financed with debt and provisions.
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 71% of them on solvency, 33% on liquidity, 58% on profitability and 62% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2012
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: total assets €174,007
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
29 days late
2023
30 days late
2022
28 days late
2021
16 days late
2020
27 days late
2019
59 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 36 days after 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. The company usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 5 profitable years in a rowprofit 2025: €14,894 5 years View

Documents

Annual accounts at the NBB

All 13 annual accounts

Articles and registers

Key facts about VGT Cooling & Heating Systems

What is the company number of VGT Cooling & Heating Systems?
The company number of VGT Cooling & Heating Systems is 0845.081.816. The VAT number is the same number with BE in front: BE 0845.081.816.
Where is VGT Cooling & Heating Systems based?
The registered office is at Eikeveldstraat 2, 3272 Scherpenheuvel-Zichem.Company details
What does VGT Cooling & Heating Systems do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of VGT Cooling & Heating Systems?
The legal form of VGT Cooling & Heating Systems is Private limited company (BV).
When was VGT Cooling & Heating Systems founded?
VGT Cooling & Heating Systems was founded on 05-04-2012.
Is VGT Cooling & Heating Systems still active?
Yes, VGT Cooling & Heating Systems is an active enterprise in the KBO register.
How many employees does VGT Cooling & Heating Systems have?
VGT Cooling & Heating Systems had an average of 1 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of VGT Cooling & Heating Systems?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €23,148 and 98 comparable companies (NACE 43211). It probably lies between €130,000 and €410,000. It is a rough estimate.
Is VGT Cooling & Heating Systems profitable?
In financial year 2025, VGT Cooling & Heating Systems made a profit of €14,894.
Where can I find the annual accounts of VGT Cooling & Heating Systems?
VGT Cooling & Heating Systems filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of VGT Cooling & Heating Systems due?
VGT Cooling & Heating Systems must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as VGT Cooling & Heating Systems: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €161,000 and €187,000, founded between 2009 and 2012.

CompanyTotal assetsGross margin
VGT Cooling & Heating Systems Scherpenheuvel-Zichem€174,007€23,148
ELEKTRO VAN CRAENENBROECK Zaventem€170,476€23,770
GH - elek Anzegem€178,223€22,850
ARKWABO Westerlo€168,964€25,484
ELEKTRICITEIT SCHOONBAERT Koekelare€186,372€20,958
BECKX PROJECTS Laakdal€186,695€20,307
EMG DATA SYSTEM Anderlecht€160,934€26,407
Full comparison

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.