Equity
€77,623 ▼ 2.2%
VL ELEC paid out €30,000 in dividends. That is 106% of the 2025 profit.
VL ELEC
Lifetime
3 annual accounts with figures on one time axispeak €183,468 (2025)
€183,468▲ 93.2%
peak €40,820 (2023)
€28,244▼ 7.6%
peak €79,379 (2024)
€77,623▼ 2.2%
€167,713▲ 54.5%
Board1 name since 2023
1 directorLIZON Vincent Oger Marcel Patrick
Documentsfilings and deeds
24-06-202637 days before the deadline
2025micro format
Gross margin from €94,983 to €183,468Dividend €30,000Debts from €108,537 to €167,713Cash from €10,785 to €28,628
Key points
from the 2025 annual accountsTurnover
≈ €540,000 estimated
The micro format states no turnover.
Debts
€167,713 ▲ 54.5%
Debts rose by €59,175 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€95,873 2.6 × depreciation
Green is investment, beige is depreciation.
Staff
2 employees on 31-12-2025
In 2025, 4 people joined and 3 left.
Filings
3 annual accounts 1 late
The 2023 accounts came 28 days late. The other two were filed on time.
Checked score
64
Healthy
Financially stronger than 42% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.4%
01-2025: 2.5%▲ +0.1 percentage points vs 12-2024
02-2025: 2.5%● unchanged vs 01-2025
03-2025: 2.6%▲ +0.1 percentage points vs 02-2025
04-2025: 2.7%▲ +0.1 percentage points vs 03-2025
05-2025: 2.7%● unchanged vs 04-2025
06-2025: 2.6%▼ -0.1 percentage points vs 05-2025
07-2025: 2.9%▲ +0.3 percentage points vs 06-2025highest value
08-2025: 1.9%▼ -1.0 percentage point vs 07-2025
09-2025: 1.9%● unchanged vs 08-2025
10-2025: 1.9%● unchanged vs 09-2025
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 1.9%● unchanged vs 12-2025
02-2026: 1.9%● unchanged vs 01-2026
03-2026: 1.8%▼ -0.1 percentage points vs 02-2026
04-2026: 1.7%▼ -0.1 percentage points vs 03-2026
05-2026: 1.8%▲ +0.1 percentage points vs 04-2026
06-2026: 1.8%● unchanged vs 05-2026
07-2026: 1.3%▼ -0.5 percentage points vs 06-2026lowest value
08-2026: 1.3%● unchanged vs 07-2026lowest value
09-2026: 1.3%● unchanged vs 08-2026lowest value
10-2026: 1.3%● unchanged vs 09-2026
11-2026: 1.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Sector: Specialised construction activities (NACE 43)
Size: total assets €245,336
lowers risk
Liquidity: current ratio 1.20, cash €28,628
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 33% of them on solvency, 36% on liquidity, 65% on profitability and 31% on growth.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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 VL ELEC 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.
That fits the bankruptcy probability of VL ELEC itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,447 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 VL ELEC. 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 €4,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.2 (1.05 in 2024), below the usual 1.5. Short-term debt is 40.4% and cash 11.7% of total assets. 68.4% 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 24-06-2026, 37 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
37 days early
2024
6 days early
2023
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 5 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. The company usually files around 25 July (3 of the last 3 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0804280052
Incorporation
Founding capital of €8,000, 100 shares · Founder: LIZON Vincent Oger Marcel Patrick (constituant) · Appointment: LIZON Vincent Oger Marcel Patrick (director) · published on 28-07-2023 · Gazette deed
First establishment
Rue Delmotte 81A, Lens (Hainaut)
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VL ELEC Lens (Hainaut) | €245,336 | €183,468 | 31.6% | - |
| D.P. Réseau La Louvière | €210,749 | €202,676 | 66.7% | - |
| Finnco Technics Beerse | €255,467 | €161,926 | 34.7% | - |
| SECURESAFE Namur | €263,947 | €199,673 | -106.9% | 7.8 |
| Hénodé Invest Brussels | €271,486 | €166,809 | 39.6% | - |
| DEMEER PROJECTS Halen | €254,790 | €180,091 | 84.1% | - |
| Dreessen Kontich | €233,531 | €215,471 | 68.7% | - |
These companies have the same main activity as VL ELEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €211,000 and €271,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 26-07-2023Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.348.023.4717870 Lens (Hainaut), since 26-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Annual accounts 2025
- €245,336▲ 30.6%
- Employeeson 31-12-2025
- 2▲ 100%
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Insights on VL ELEC
VL ELEC files the micro format. That format states no turnover. The gross margin rose from €76,193 in 2023 to €183,468 in 2025.
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 VL ELEC
- What is the company number of VL ELEC?
- The company number of VL ELEC is 0804.280.052. The VAT number is the same number with BE in front: BE 0804.280.052.
- Where is VL ELEC based?
- The registered office is at Rue Delmotte 81A, 7870 Lens (Hainaut).Company details
- What does VL ELEC do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of VL ELEC?
- VL ELEC is a private limited company (BV).
- When was VL ELEC founded?
- VL ELEC was founded on 26-07-2023.
- Is VL ELEC still active?
- Yes, VL ELEC is an active enterprise in the KBO register.
- How many employees does VL ELEC have?
- VL ELEC had an average of 1.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of VL ELEC?
- The turnover in financial year 2025 is ≈ €540,000. This figure is estimated from the gross margin of €183,468 and 38 comparable companies (NACE 43211). It probably lies between €370,000 and €670,000.
- Is VL ELEC profitable?
- In financial year 2025, VL ELEC made a profit of €28,244.
- Where can I find the annual accounts of VL ELEC?
- VL ELEC filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VL ELEC due?
- VL ELEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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