VOCON
ActiveSummary
VOCON has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €344k and a net result of €49k. Equity is growing by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 14% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▼-21
Solvency38▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.47 against 4.18 in 2024; short-term debt: 29.3% and cash: 2.3% of total assets), but 87.1% of the assets are financed with debt.
Credit advice 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
12.9%
Return on assets
1.8%
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 14% of 7777 sector peers (2025).
NBB · sector comparisonPosition among 7777 sector peers
Solvency
better than 14%
← 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 29-03-2026, 124 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
124 d early
2024
47 d early
2023
30 d early
2022
44 d early
2021
30 d early
2020
40 d early
2019
32 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€344k▼ 26.3%
2024 · €466k
2018: €85k
2019: €144k
2020: €196k
2021: €308k
2022: €390k
2023: €465k
2024: €466k
2018 → 2025
Total assets
€2.66M▼ 10.9%
2024 · €2.98M
2018: €1.15M
2019: €1.11M
2020: €1.77M
2021: €1.43M
2022: €2.34M
2023: €2.51M
2024: €2.98M
2018 → 2025
Net result
€49k▼ 8.6%
2024 · €53k
2018: €52k
2019: €60k
2020: €52k
2021: €112k
2022: €81k
2023: €94k
2024: €53k
2018 → 2025
Working capital
€1.15M▼ 29.6%
2024 · €1.63M
2018: €124k
2019: €96k
2020: €203k
2021: €368k
2022: €1.39M
2023: €1.51M
2024: €1.63M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€308k-€390k▲ 26.4%€465k▲ 19.3%€466k▲ 0.3%€344k▼ 26.3%
Operating result€160k-€145k▼ 9.2%€222k▲ 53.0%€78k▼ 64.8%€139k▲ 78.6%
Net result€112k-€81k▼ 27.0%€94k▲ 15.5%€53k▼ 43.6%€49k▼ 8.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 79% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.66M
Fixed assets
€729k ▼ 13.0%
Current assets
€1.93M ▼ 10.1%
Equity and liabilities €2.66M
Equity
€344k ▼ 26.3%
Debt
€2.31M ▼ 8.1%
Debt's share of the balance-sheet total rises from 84.4% to 87.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€248k▲
2024 · €173k
Cash flow
€158k▲
2024 · €148k
Current ratio
2.47▼
2024 · 4.18
Quick ratio
0.66▲
2024 · 0.30
Debt to equity
6.73▲
2024 · 5.40
ROE
14.1%▲
2024 · 11.4%
ROA
1.8%▲
2024 · 1.8%
Interest coverage
3.44▼
2024 · 7.06
Debt ≤ 1 year
€780k▲
2024 · €514k
Debt > 1 year
€1.53M▼
2024 · €1.90M
Income taxes
€20k▲
2024 · €19k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.98M€2.66M▼
Fixed assets21/28€838k€729k▼
Tangible fixed assets22/27€833k€726k▼
Land and buildings22€566k€530k▼
Plant, machinery and equipment23€16k€9k▼
Furniture and vehicles24€199k€146k▼
Other tangible fixed assets26€53k€42k▼
Financial fixed assets28€5k€3k▼
Current assets29/58€2.15M€1.93M▼
Stocks and contracts in progress3€1.99M€1.42M▼
Stocks30/36€1.99M€1.42M▼
Amounts receivable within one year40/41€30k€369k▲
Trade receivables40€15k€356k▲
Other amounts receivable41€15k€13k▼
Current investments50/53€69k€82k▲
Cash at bank and in hand54/58€56k€60k▲
Equity and liabilities
Total equity and liabilities10/49€2.98M€2.66M▼
Equity10/15€466k€344k▼
Contributions10/11€12k€12k=
Reserves13€454k€331k▼
Distributable reserves133€454k€331k▼
Amounts payable17/49€2.52M€2.31M▼
Amounts payable after more than one year17€1.90M€1.53M▼
Financial debts170/4€1.90M€1.53M▼
Amounts payable within one year42/48€514k€780k▲
Current portion of amounts payable after more than one year42€101k€140k▲
Trade debts44€62k-
Suppliers440/4€62k-
Taxes, remuneration and social security45€18k€17k▼
Taxes450/3€18k€17k▼
Other amounts payable47/48€333k€623k▲
Accrued charges and deferred income492/3€100k€250▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95k€109k▲
Other operating charges640/8€15k€15k▲
Gross operating margin9900€188k€263k▲
Operating profit (loss)9901€78k€139k▲
Financial income75/76B€19k€1k▼
Recurring financial income75€19k€1k▼
Financial charges65/66B€25k€72k▲
Recurring financial charges65€25k€72k▲
Profit (loss) for the period before taxes9903€72k€68k▼
Income taxes67/77€19k€20k▲
Profit (loss) for the period9904€53k€49k▼
Profit (loss) for the period to be appropriated9905€53k€49k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€49k▼
Transfer from equity791/2€52k€171k▲
Transfer to equity691/2€53k€49k▼
To other reserves6921€53k€49k▼
Profit to be distributed694/7€52k€171k▲
Return on contributions (dividend)694€52k€171k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €49k ▼8.6%
Net result drops to €49k, the lowest in the series.
14-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity triplescurrent ratio 9.55
Current ratio from 2.82 to 9.55; short-term debt falls from €202k to €163k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €112k ▲114%
Net result €112k, the highest in the series.
31-12
Financial
Equity above €200kEq €308k ▲56.8%
4 profitable years in a row build equity to €308k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150kEq €196k ▲36.2%
3 profitable years in a row build equity to €196k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Equity above €100kEq €144k ▲70.3%
2 profitable years in a row build equity to €144k.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Mol · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Windmolenstraat 142400 MolGround area
2,024 m²
Building footprint
390 m²
Volume, LiDAR
2,571 m³
Parcel 13433E1070/00B000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VOCON
since 20072.162.289.356
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13433E1070/00B000 | Flanders | 2,024 m² | 1 · 390 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
4 endedBekister (so)
Medewerker ruwbouw (vwo)
Medewerker ruwbouw duaal (so)
Metselaar (so)
Similar companies · same sector, comparable size
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NICK DEGRYSE ELEKTRICITEITSWERKEN
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ELEKTRICITEITSWERKEN D.W.D. DE WAELE
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VL-Lighting
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 7,328 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-04-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
46150Agents in the wholesale of furniture, household goods and hardware
47540Retail sale of electrical household appliances
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.