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VR technics

Active
Private limited companyfounded 201115 yrs activeGroenstraat 93, 2870 Puurs-Sint-Amands, BelgiumKBO/BCE: BE 0835.958.965

VR technics has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €274k and a net result of €95k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 60% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
82 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+10
Solvency80▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 2.44 against 2.44 in 2023; short-term debt: 23.4% and cash: 27.4% of total assets), and 44.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
3 d early
2023
2 d early
2022
35 d early
2021
4 d late
2020
27 d late
2019
92 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€274k▲ 20.1%
2023 · €228k
2018: €106k 2019: €155k 2020: €184k 2021: €204k 2022: €192k 2023: €228k
2018 → 2024
Total assets
€494k▲ 17.6%
2023 · €421k
2018: €249k 2019: €309k 2020: €417k 2021: €367k 2022: €425k 2023: €421k
2018 → 2024
Net result
€95k▲ 101%
2023 · €47k
2018: €46k 2019: €49k 2020: €30k 2021: €21k 2022: €23k 2023: €47k
2018 → 2024
Working capital
€167k▲ 58.6%
2023 · €105k
2018: €22k 2019: €78k 2020: €54k 2021: €67k 2022: €80k 2023: €105k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€184k-€204k▲ 10.9%€192k▼ 5.8%€228k▲ 18.5%€274k▲ 20.1%
Operating result€41k-€31k▼ 25.9%€36k▲ 15.9%€69k▲ 95.3%€140k▲ 102%
Net result€30k-€21k▼ 30.4%€23k▲ 12.0%€47k▲ 104%€95k▲ 101%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2020: €41k€41kNet result 2020: €30k€30kOperating result 2021: €31k€31kNet result 2021: €21k€21kOperating result 2022: €36k€36kNet result 2022: €23k€23kOperating result 2023: €69k€69kNet result 2023: €47k€47kOperating result 2024: €140k€140kNet result 2024: €95k€95k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 102% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €494k
Fixed assets €212k▼ 12.6%
Current assets €282k▲ 58.7%
Equity and liabilities €494k
Equity €274k▲ 20.1%
Debt €221k▲ 14.6%
The debt ratio falls from 45.8% to 44.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€190k
2023 · €115k
Cash flow
€145k
2023 · €93k
Solvency
55.3%
2023 · 54.2%
Current ratio
2.44
2023 · 2.44
Quick ratio
2.43
2023 · 2.42
Debt / equity
0.81
2023 · 0.85
ROE
34.7%
2023 · 20.8%
ROA
19.2%
2023 · 11.3%
Interest coverage
54.98
2023 · 31.57
Debt
€221k
2023 · €193k
Debt ≤ 1 year
€116k
2023 · €73k
Debt > 1 year
€105k
2023 · €119k
Income taxes
€42k
2023 · €18k
Staff costs
€128k
2023 · €118k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€421k€494k
Fixed assets21/28€243k€212k
Intangible fixed assets21-€2k
Tangible fixed assets22/27€243k€210k
Land and buildings22€156k€139k
Plant, machinery and equipment23€11k€16k
Furniture and vehicles24€76k€55k
Current assets29/58€178k€282k
Stocks and contracts in progress3€1k€846
Stocks30/36€1k€846
Amounts receivable within one year40/41€102k€138k
Trade receivables40€91k€130k
Other amounts receivable41€11k€7k
Cash at bank and in hand54/58€71k€136k
Deferred charges and accrued income490/1€4k€8k
Equity and liabilities
Total equity and liabilities10/49€421k€494k
Equity10/15€228k€274k
Contributions10/11€12k€14k
Reserves13€215k€259k
Non-distributable reserves130/1€2k€0
Reserves not available under the articles1311€2k€0
Distributable reserves133€214k€259k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€193k€221k
Amounts payable after more than one year17€119k€105k
Financial debts170/4€119k€105k
Amounts payable within one year42/48€73k€116k
Current portion of amounts payable after more than one year42€21k€14k
Trade debts44€23k€11k
Suppliers440/4€23k€11k
Taxes, remuneration and social security45€15k€41k
Taxes450/3€798€27k
Remuneration and social security454/9€14k€14k
Other amounts payable47/48€14k€50k
Accrued charges and deferred income492/3€1k€427
Income statement Code20232024
Remuneration, social security and pensions62€118k€128k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€50k
Other operating charges640/8€2k€2k
Gross operating margin9900€235k€320k
Operating profit (loss)9901€69k€140k
Financial income75/76B-€11
Recurring financial income75-€11
Financial charges65/66B€4k€3k
Recurring financial charges65€4k€3k
Profit (loss) for the period before taxes9903€66k€137k
Income taxes67/77€18k€42k
Profit (loss) for the period9904€47k€95k
Profit (loss) for the period to be appropriated9905€47k€95k
Appropriation of the result
Profit (loss) to be appropriated9906€47k€95k
Transfer from equity791/2€11k€50k
Transfer to equity691/2€47k€96k
To contributions691-€2k
To other reserves6921€47k€94k
Profit to be distributed694/7€12k€49k
Return on contributions (dividend)694€12k€49k

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
28-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €95k ▲101%
Operating result €140k, net result €95k, both a record.
29-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €200kEq €228k ▲18.5%
6 profitable years in a row build equity to €228k.
26-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
04-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial Weakest financial yearnet €21k ▼30.4%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €200kEq €204k ▲10.9%
4 profitable years in a row build equity to €204k.
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial Equity above €150kEq €155k ▲45.7%
2 profitable years in a row build equity to €155k.
13-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
20-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
16-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
03-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Puurs-Sint-Amands · 1 establishment unit since 2011
establishment The establishment unit on the map
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.

Groenstraat 932870 Puurs-Sint-Amands
Ground area
1,634 m²
Building footprint
138 m²
Volume, LiDAR
2 m³
Parcel 12008B0552/00G000, Flanders · tallest building 0.8 m. Linked by address, not a title deed.
1 establishment unit
VR technics
Groenstraat 93, 2870 Puurs-Sint-AmandsGeneral electrical installation work
since 20112.200.176.269
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12008B0552/00G000 Flanders 1,634 m² 1 · 138 m² 0.8 m
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.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 1,217 EUR awarded · 1,617 EUR paid
Year Entries awardedpaid
2025 1 583 EUR805 EUR
2024 1 378 EUR156 EUR
2023 1 256 EUR656 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 1,217 EUR · 1,617 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 7,754 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-04-2011
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43214Specialised construction activities
95319Other maintenance and repair of motor vehicles
62020IT consultancy
62200Computer consultancy and computer facilities management
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:didier@vrtechnics.be
Enterprise
Phone:035013501
Enterprise