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Complete company report
Generated 16-07-2026
Active BE 0792.444.963Private limited companyOpen bankruptcy

VL-Tech

Karreweg 17 ·9870 Zulte, Belgium· 3 yrs active
Sector: Specialised construction (43120)
Conclusion Checked

A bankruptcy procedure is open for VL-Tech according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €237k and a net result of €151k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €237k
Net result €151k
Staff (FTE) 5.7
Better than sector 39%
Snowflake analysis 5 axes · computed by Checked
Health26Profitability100Solvency53Growth78Stability0
51 / 100

Mixed profile: strong on profitability, weaker on stability.

Health 26
Profitability 100
Solvency 53
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
26 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 18-11-2025 with the NBB · fiscal year 2024 · micro
€0€50k€100k€150kOperating result 2023: €97k€97kNet result 2023: €66k€66kOperating result 2024: €164k€164kNet result 2024: €151k€151k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 31.8% 40.9%
better than 39% of 11047 sector peers
Net result €151k €11k
better than 95% of 11030 sector peers
Equity €237k €34k
better than 95% of 11051 sector peers
Gross operating margin €687k €35k
better than 95% of 11020 sector peers
Staff costs €487k €25k
higher than 95% of 4021 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€197k
- far above sector median
Net profit
€151k
+128.6% far above sector median
Cash flow
€184k
- far above sector median
Total assets
€746k
+36.1% far above sector median
Equity
€237k
+175.5% far above sector median
Working capital
€41k
- -14% vs sector
Employees (FTE)
6
-14.9% +256% vs sector
Staff costs
€487k
+71.9% +210% vs sector
Income taxes
€24k
- far above sector median
Debt
€509k
+10.1% far above sector median
Debt ≤ 1y
€310k
+31.5% far above sector median
Debt > 1y
€198k
-12.2% far above sector median
Current ratio
1.13
+89.0% -43% vs sector
Quick ratio
1.05
+112.7% -38% vs sector
Solvency
31.8%
+102.4% -53% vs sector
Debt / equity
2.14
-60.0% +143% vs sector
ROE
63.7%
-17.0% far above sector median
ROA
20.3%
+67.9% far above sector median
Interest coverage
15.53
- -43% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€197k
Net profit€151k
Cash flow€184k
Staff costs€487k
Income taxes-
Dividends-
Total assets€746k
Equity€237k
Debt€509k
of which ≤ 1y€310k
of which > 1y€198k
Working capital€41k
Employees (FTE)5.7
Ratios (computed)
2024
Current ratio1.13
Quick ratio1.05
Working capital ratio5.5%
Solvency31.8%
Debt / equity2.14
Long-term debt ratio0.84
Interest coverage15.53
Gross margin-
Net margin-
ROA20.3%
ROE63.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€746k
Fixed assets 21/28€394k
Tangible fixed assets 22/27€392k
Financial fixed assets 28€2k
Current assets 29/58€351k
Stocks & contracts in progress 3€25k
Amounts receivable within one year 40/41€307k
Cash & bank 54/58€20k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€746k
Equity 10/15€237k
Contributions / capital 10/11€20k
Accumulated profits (losses) 14€217k
Amounts payable 17/49€509k
Amounts payable after one year 17€198k
Amounts payable within one year 42/48€310k
Trade debts payable within one year 44€131k
Income statement
Gross operating margin 9900€687k
Operating result 9901€164k
Financial income 75€27
Financial charges 65€13k
Result before taxes 9903€151k
Net result for the period 9904€151k
Result to be appropriated 9905€151k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator SOFIE DE NIJS
BRANDSTRAAT 117, 8755 WINGENE-
 30-06-2026 → present Belgian State Gazette
Legal Structure
NACE primary Specialised construction(43120)
Legal form Private limited company(610)
Incorporation13-10-2022
StatusActive
Postal code9870
First BS signal 08-07-2026
Latest BS signal 08-07-2026
Company structure, linked entities1 linked entities
VL-TechBE 0792.444.963SOFIE DE NIJSReceiver
Mandates
Establishment units 1 location
VL-Tech
Karreweg 17, 9870 ZulteBouw van autowegen en andere wegen
since 20222.337.139.378
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44081C0473/00H002 Flanders 9,258 m² 1 · 4,939 m² 9.6 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
08-07-2026
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · VL-TECH BV KARREWEG 17/B, 9870 ZULTE · event 30-06-2026
2025
18-11-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
18-09-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
02-08-2024
State Gazette act Capital & shares
Lifecycle & Insolvency Signals 1 events
08-07-2026
Bankruptcy Opening
Date: 30-06-2026 · Ondernemingsrechtbank Gent, afdeling Gent · VL-TECH BV KARREWEG 17/B, 9870 ZULTE · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262026-07-08 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
Capital history · 1
02-08-2024
Capital change
All acts · 1 updated 1 year ago
2024
02-08-2024 All shares are now held by a single shareholder Capital & shares
Technical details 
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Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie42220Bouw van civieltechnische werken voor elektriciteit en telecommunicatie42220Bouwrijp maken van terreinen43120Bouwrijp maken van terreinen43120Slopen43110Slopen43110Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Elektrotechnische installatiewerken, uitgezonderd aan gebouwen43212Elektrotechnische installatiewerken van nijverheidsinrichtingen43212Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw77320Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw77320
Primary activity highlighted.
Names & trade names
Legal nameNL VL-Tech
Registered office
Karreweg 17 bus b
9870 Zulte, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative