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.
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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
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 77.3%
2024 · €82k
Total assets
€160k▲ 6.0%
2024 · €151k
Net result
€5k▼ 58.3%
2024 · €12k
Working capital
€21k▼ 72.6%
2024 · €76k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€26k▼ 49.0%€46k▲ 81.5%€21k▼ 54.5%€18k▼ 14.5%€11k▼ 39.2%
Net result€20k▼ 50.5%€32k▲ 58.9%€16k▼ 50.8%€12k▼ 27.1%€5k▼ 58.3%
Equity€87k▲ 30.6%€94k▲ 8.5%€70k▼ 25.5%€82k▲ 16.5%€19k▼ 77.3%
Total assets€99k▲ 24.9%€126k▲ 27.2%€141k▲ 12.2%€151k▲ 7.4%€160k▲ 6.0%
Debt€12k▼ 5.6%€31k▲ 166%€71k▲ 126%€69k▼ 1.7%€142k▲ 104%
Working capital€82k▲ 34.8%€92k▲ 12.3%€70k▼ 23.4%€76k▲ 8.3%€21k▼ 72.6%
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.
Annual accounts
| 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 3,718 companies in sector 33120 we hold annual accounts for 1,345. 855 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.