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VK ENGINEERING

Absorbed by SWECO BELGIUM KBO/BCE: BE 0439.529.962 subsidiary of Sweco AB

Lifetime

19 annual accounts with figures on one time axis, 35 filings since 1990
peak €30.3m (2023)
€26.1m▼ 14.0%
lowest -€26.8m (2023)
€3.3m▲ €30.1m
peak €29.5m (2022)
€6.1m▲ 121%
€49.3m▼ 12.8%
peak 200.6 FTE (2023)
191.1 FTE▼ 4.7%
Board10 names since 2017
3 directorsSWECO BELGIUM and 2 others
Owners5 names in the annual accounts
100%VK Global and 1 other
Documentsfilings and deeds
21-05-202571 days before the deadline
2024financial year
Turnover from €30.3m to €26.1mBack to profit: €3.3mNew statutory auditor 30-12Merger proposal: to be absorbed by SWECO BELGIUM 25-11Demerger proposal: VK ENGINEERING splits off to VK Global 25-11Equity from €2.7m to €6.1m

Key points

from the 2024 annual accounts, the last ones filed

Equity

€6.1m from €29.5m in 2022

Equity fell by 79% in 2 years.

Debts

€49.3m 88% of the balance sheet
Suppliers 4%Taxes and wages 6%Other 89%

Of this, €47.1m falls due within a year.

Investments

€33,336 0.1 × depreciation
20202021202220232024

Green is investment, beige is depreciation.

Payment terms

61 days to suppliers
Suppliers
101 to 61
Customers
76 to 107

VK ENGINEERING pays its suppliers 40 days earlier than in 2023. Customers pay 31 days later.

Liquidity

0.51 was 1.88 in 2023

Short-term debts rose from €11.1m to €47.1m.

No score

Board and ownership

S
Managing director, Erwin Malcorps
SB
Managing director
SH
Director, since 20-03-2023
EE
Auditor, Francis Boelens
  • Sweco AB consolidatesannual accounts 2024

Shares in 3 companies, including AD ARCHITECTS LTD and BETIC SA

Board & ownership

Recent changes

Capital decrease of €5,989,983.78 to €61,500 Capital from €6,051,483.78 to €61,500 · Capital after the decrease: €61,500 · Gazette deed
Merger: absorbed by SWECO BELGIUM Dissolution of the company · Dissolved without liquidation · SWECO BELGIUM holds all the shares · General meeting of 31-12-2024 · Gazette deed
Demerger: VK ENGINEERING splits off to VK GLOBAL Capital decrease of €5,072,983.53 to €978,500.25 · Capital from €6,051,483.78 to €978,500.25 · Transfer of 1,200 shares from VK ENGINEERING to VK GLOBAL · General meeting of 31-12-2024 · Gazette deed
New statutory auditor EY Bedrijfsrevisoren BV appointed, Grant Thornton Bedrijfsrevisoren BV resigned · Permanent representative: Francis Boelens · General meeting of 14-11-2024 · Gazette deed
All 61 events

Official details

Source: KBO
Status
Absorbed by SWECO BELGIUMmerger by absorption, January 2025
Activity
“Toutes opérations d'ingénierie et de conseil, directement ou indirectement liées à l'industrie de la…” (deed in French)From the articles, 25 activitiesNo NACE code in the KBO yet
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2024
Financial year end
31 December
Peppol
Reachable since 27-01-2023
Company details

Annual accounts 2024

€55.9m▼ 6.2%
Employeeson 31-12-2024
193▼ 9.4%
Filing
Filed on 21-05-2025
Financials

Insights on VK ENGINEERING

VK ENGINEERING reached its highest turnover since 2006 in 2023: €30.3m. A year later it was €26.1m.

Equity fell from €29.5m in 2022 to €6.1m in 2024.

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 VK ENGINEERING

What is the company number of VK ENGINEERING?
The company number of VK ENGINEERING is 0439.529.962. The VAT number is the same number with BE in front: BE 0439.529.962.
What is the legal form of VK ENGINEERING?
Legal form of VK ENGINEERING: SA.
Is VK ENGINEERING still active?
No. VK ENGINEERING is inactive in the KBO register.Company details
How many employees did VK ENGINEERING have?
VK ENGINEERING had an average of 191.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does VK ENGINEERING fall under?
In its 2024 annual accounts, VK ENGINEERING states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of VK ENGINEERING?
The turnover of VK ENGINEERING was €26.1m in financial year 2024, according to the filed annual accounts.
Is VK ENGINEERING profitable?
In financial year 2024, VK ENGINEERING made a profit of €3.3m.
Where can I find the annual accounts of VK ENGINEERING?
VK ENGINEERING filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

Next steps

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