VLK-technics
ActiveSummary
The computed 12-month bankruptcy probability of VLK-technics is 1.6% (moderate). The 2025 annual accounts show equity of €19k and a net result of €5k. Equity is shrinking by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 16% of 1316 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability44▼-33
Solvency37▼-42
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.15 against 2.15 in 2024; short-term debt: 85.5% and cash: 49.2% of total assets), and 88.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.6%
Return on assets
3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 1316 sector peers (2025).
NBB · sector comparisonPosition among 1316 sector peers
Solvency
better than 16%
← weakest
strongest →
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 18-05-2026, 74 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
74 d early
2024
85 d early
2023
77 d early
2022
54 d early
2021
80 d early
2020
60 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 77.3%
2024 · €82k
2020: €67k
2021: €87k▲ +30.6% vs 2020
2022: €94k▲ +8.5% vs 2021highest in 6 years
2023: €70k▼ -25.5% vs 2022
2024: €82k▲ +16.5% vs 2023
2025: €19k▼ -77.3% vs 2024lowest in 6 years
2020 → 2025
Total assets
€160k▲ 6.0%
2024 · €151k
2020: €79klowest in 6 years
2021: €99k▲ +24.9% vs 2020
2022: €126k▲ +27.2% vs 2021
2023: €141k▲ +12.2% vs 2022
2024: €151k▲ +7.4% vs 2023
2025: €160k▲ +6.0% vs 2024highest in 6 years
2020 → 2025
Net result
€5k▼ 58.3%
2024 · €12k
2020: €41khighest in 6 years
2021: €20k▼ -50.5% vs 2020
2022: €32k▲ +58.9% vs 2021
2023: €16k▼ -50.8% vs 2022
2024: €12k▼ -27.1% vs 2023
2025: €5k▼ -58.3% vs 2024lowest in 6 years
2020 → 2025
Working capital
€21k▼ 72.6%
2024 · €76k
2020: €60k
2021: €82k▲ +34.8% vs 2020
2022: €92k▲ +12.3% vs 2021highest in 6 years
2023: €70k▼ -23.4% vs 2022
2024: €76k▲ +8.3% vs 2023
2025: €21k▼ -72.6% vs 2024lowest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€94k▲ 8.5%€70k▼ 25.5%€82k▲ 16.5%€19k▼ 77.3%
2021: €87k
2022: €94k▲ +8.5% vs 2021highest in 5 years
2023: €70k▼ -25.5% vs 2022
2024: €82k▲ +16.5% vs 2023
2025: €19k▼ -77.3% vs 2024lowest in 5 years
Operating result€26k-€46k▲ 81.5%€21k▼ 54.5%€18k▼ 14.5%€11k▼ 39.2%
2021: €26k
2022: €46k▲ +81.5% vs 2021highest in 5 years
2023: €21k▼ -54.5% vs 2022
2024: €18k▼ -14.5% vs 2023
2025: €11k▼ -39.2% vs 2024lowest in 5 years
Net result€20k-€32k▲ 58.9%€16k▼ 50.8%€12k▼ 27.1%€5k▼ 58.3%
2021: €20k
2022: €32k▲ +58.9% vs 2021highest in 5 years
2023: €16k▼ -50.8% vs 2022
2024: €12k▼ -27.1% vs 2023
2025: €5k▼ -58.3% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 39% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €160k
Fixed assets
€2k ▼ 73.8%
Current assets
€158k ▲ 11.1%
Equity and liabilities €160k
Equity
€19k ▼ 77.3%
Debt
€142k ▲ 104%
Debt's share of the balance-sheet total rises from 45.9% to 88.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€12k▼
2024 · €20k
Cash flow
€6k▼
2024 · €13k
Current ratio
1.15▼
2024 · 2.15
Debt to equity
7.62▲
2024 · 0.85
ROE
26.0%▲
2024 · 14.2%
ROA
3.0%▼
2024 · 7.7%
Interest coverage
2.57▼
2024 · 5.87
Debt ≤ 1 year
€137k▲
2024 · €66k
Income taxes
€1k▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€151k€160k▲
Fixed assets21/28€9k€2k▼
Tangible fixed assets22/27€9k€2k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€5k€0▼
Other tangible fixed assets26€95€0▼
Current assets29/58€142k€158k▲
Amounts receivable within one year40/41€42k€29k▼
Trade receivables40€31k€22k▼
Other amounts receivable41€11k€7k▼
Current investments50/53€31k€37k▲
Cash at bank and in hand54/58€67k€79k▲
Deferred charges and accrued income490/1€3k€13k▲
Equity and liabilities
Total equity and liabilities10/49€151k€160k▲
Equity10/15€82k€19k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€63k€0▼
Amounts payable17/49€69k€142k▲
Amounts payable within one year42/48€66k€137k▲
Trade debts44€893€1k▲
Suppliers440/4€893€1k▲
Taxes, remuneration and social security45€769€4k▲
Taxes450/3€769€4k▲
Other amounts payable47/48€65k€132k▲
Accrued charges and deferred income492/3€3k€5k▲
Income statement
Code20242025
Non-recurring operating income76A€0€58▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€810€841▲
Gross operating margin9900€20k€13k▼
Operating profit (loss)9901€18k€11k▼
Financial income75/76B€239€0▼
Recurring financial income75€239€0▼
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€15k€6k▼
Income taxes67/77€3k€1k▼
Profit (loss) for the period9904€12k€5k▼
Profit (loss) for the period to be appropriated9905€12k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€68k▲
Profit (loss) brought forward from the previous period14P€52k€63k▲
Profit to be distributed694/7€0€68k▲
Return on contributions (dividend)694€0€68k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €430 | €0 | €58 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €2k | €1k | €1k | €1k | ▼ 16.1% |
| Other operating charges640/8 | €775 | €770 | €784 | €810 | €841 | ▲ 3.8% |
| Non-recurring operating charges66A | €0 | €435 | €0 | - | - | - |
| Gross operating margin9900 | €29k | €49k | €23k | €20k | €13k | ▼ 35.9% |
| Operating profit (loss)9901 | €26k | €46k | €21k | €18k | €11k | ▼ 39.2% |
| Financial income75/76B | €97 | €0 | €772 | €239 | €0 | ▼ 100% |
| Recurring financial income75 | €97 | €0 | €772 | €239 | €0 | ▼ 100% |
| Financial charges65/66B | €84 | €739 | €2k | €3k | €5k | ▲ 42.5% |
| Recurring financial charges65 | €84 | €739 | €2k | €3k | €5k | ▲ 42.5% |
| Profit (loss) for the period before taxes9903 | €26k | €46k | €20k | €15k | €6k | ▼ 58.4% |
| Income taxes67/77 | €5k | €13k | €4k | €3k | €1k | ▼ 58.5% |
| Profit (loss) for the period9904 | €20k | €32k | €16k | €12k | €5k | ▼ 58.3% |
| Profit (loss) for the period to be appropriated9905 | €20k | €32k | €16k | €12k | €5k | ▼ 58.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99k | €126k | €141k | €151k | €160k | ▲ 6.0% |
| Fixed assets21/28 | €5k | €3k | €2k | €9k | €2k | ▼ 73.8% |
| Intangible fixed assets21 | €200 | €100 | €0 | - | - | - |
| Tangible fixed assets22/27 | €5k | €3k | €2k | €9k | €2k | ▼ 73.8% |
| Plant, machinery and equipment23 | €5k | €3k | €2k | €3k | €2k | ▼ 31.8% |
| Furniture and vehicles24 | €0 | €0 | - | €5k | €0 | ▼ 100% |
| Other tangible fixed assets26 | €447 | €330 | €212 | €95 | €0 | ▼ 100% |
| Current assets29/58 | €93k | €122k | €139k | €142k | €158k | ▲ 11.1% |
| Amounts receivable within one year40/41 | €23k | €21k | €25k | €42k | €29k | ▼ 30.4% |
| Trade receivables40 | €21k | €20k | €21k | €31k | €22k | ▼ 30.0% |
| Other amounts receivable41 | €3k | €407 | €4k | €11k | €7k | ▼ 31.4% |
| Current investments50/53 | €13k | €19k | €55k | €31k | €37k | ▲ 19.4% |
| Cash at bank and in hand54/58 | €55k | €80k | €57k | €67k | €79k | ▲ 18.3% |
| Deferred charges and accrued income490/1 | €2k | €2k | €2k | €3k | €13k | ▲ 380% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99k | €126k | €141k | €151k | €160k | ▲ 6.0% |
| Equity10/15 | €87k | €94k | €70k | €82k | €19k | ▼ 77.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €68k | €76k | €52k | €63k | €0 | ▼ 100% |
| Amounts payable17/49 | €12k | €31k | €71k | €69k | €142k | ▲ 104% |
| Amounts payable within one year42/48 | €12k | €31k | €69k | €66k | €137k | ▲ 107% |
| Trade debts44 | €4k | €2k | €2k | €893 | €1k | ▲ 29.6% |
| Suppliers440/4 | €4k | €2k | €2k | €893 | €1k | ▲ 29.6% |
| Taxes, remuneration and social security45 | €4k | €988 | €930 | €769 | €4k | ▲ 387% |
| Taxes450/3 | €4k | €988 | €930 | €769 | €4k | ▲ 387% |
| Other amounts payable47/48 | €4k | €28k | €66k | €65k | €132k | ▲ 105% |
| Accrued charges and deferred income492/3 | - | €652 | €2k | €3k | €5k | ▲ 41.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €32k | €16k | €12k | €5k | ▼ 58.3% |
| + Depreciation and write-downs630 | €3k | €2k | €1k | €1k | €1k | ▼ 16.1% |
| Operating cash flow (approximation) | €23k | €34k | €17k | €13k | €6k | ▼ 53.7% |
| Investment in fixed assets (approximation) | - | €435 | €370 | €-9k | €5k | ▲ 163% |
| Change in cash | - | €25k | €-24k | €10k | €12k | ▲ 20.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €5k ▼58.3%
Net result drops to €5k, the lowest in the series.
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Olen · 1 establishment unit since 2018
Ground area
677 m²
Building footprint
173 m²
Volume, LiDAR
762 m³
Parcel 13029C0087/06C000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VLK rent
since 20182.282.950.923
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029C0087/06C000 | Flanders | 677 m² | 1 · 173 m² | 6.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 117 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 117 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,714 companies in sector 33120 we hold annual accounts for 1,344. 853 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
43211General electrical installation work
43310Plastering work
43320Joinery installation
77392Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.