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VS ELECTRONICS

Active Private limited companyfounded 2002active for 24 yearsLiersesteenweg 173, 2220 Heist-op-den-BergKBO/BCE: BE 0478.294.528 #10 company by equity in Heist-op-den-Berg, Wholesale and retail trade sector

Overview

Lifetime

19 annual accounts with figures on one time axis, 22 filings since 2004
peak €3.4m (2025)
€3.4m▲ 77.5%
peak €1.3m (2025)
€1.3m▲ 751%
peak €3.3m (2025)
€3.3m▲ 61.4%
€1.9m▼ 38.7%
peak 18.5 FTE (2021)
15 FTE▼ 15.7%
Board1 name since 2002
1 directorScheirs Jan
Owners
Documentsfilings and deeds
29-01-20262 days before the deadline
2025abbreviated format
Gross margin from €1.9m to €3.4mResult from €147,717 to €1.3mStaff from 17.8 FTE to 15 FTEEquity from €2.0m to €3.3mDebts from €3.1m to €1.9mCash from €587,746 to €348,960

Key points

from the 2025 annual accounts

Equity

€3.3m ▲ 61.4%

VS ELECTRONICS has made a profit in every financial year since 2007.

Result

€1.3m ▲ 751%
€148,0002024€1.3m2025

The result rose in 2025: mostly from a one-off income of €1.7m.

Staff

16 employees on 30-06-2025
672022982023982024242025

In 2025, 2 people joined and 4 left.

Filings

22 annual accounts since 2004
deadline20102020

The last five annual accounts were filed 2 to 47 days before the end of the period.

Position in the sector

€1.3m

Higher net result than 95% of companies in wholesale trade. Sector median €26,717 · 9,877 companies.

Checked score

98
Excellent
Financially stronger than 80% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2%highest value 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.2%▲ +0.1 percentage points vs 12-2025 02-2026: 0.1%▼ -0.1 percentage points vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

88+24equity 63.1% of total assets
48-8short-term debt 25.8% · cash 6.7%
99+42return on assets 24.0%

Score breakdown

lowers risk
Founded in 2002
Profit of €1.3m (financial year 2025)
Equity €3.3m (63.1% of total assets)
Size: 15 FTE, total assets €5.2m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 72% of them on solvency, 58% on liquidity, 97% on profitability and 94% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as VS ELECTRONICS has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of VS ELECTRONICS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for VS ELECTRONICS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €320,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.72 (2.57 in 2024), above the usual 1.5. Short-term debt is 25.8% and cash 6.7% of total assets. 36.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Profit of €1.3m (financial year 2025)
NBB · annual accounts
lowers risk · Equity €3.3m (63.1% of total assets)
NBB · annual accounts
lowers risk · Size: 15 FTE, total assets €5.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
43 days early
2023
47 days early
2022
40 days early
2021
10 days early
2020
48 days early
2019
43 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 22 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SJ
Director, since 05-09-2002
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0478294528
1 director resigning, 1 reappointment Resignation: Scheirs Jan · Reappointment: Scheirs Jan · Permanent representative: Scheirs Jan · Gazette deed
First establishment Liersesteenweg 173 K, Heist-op-den-Berg
Incorporation published on 17-09-2002 · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
VS ELECTRONICS Heist-op-den-Berg €5.2m €3.4m 63.1% 15
VALVES CO Lint €4.5m €2.0m 67.3% 13.6
INDIC Schelle €5.4m €1.8m 41.9% 19.2
KOZMOZ DESIGN & DISPLAY Mechelen €3.5m €2.0m 61.3% 8.8
ALTEC INDUSTRIAL IDENTIFICATION Zemst €4.9m €3.9m 46.4% 17.3
DIGI CONSULT Denderleeuw €9.8m €3.3m 28.9% 12.3
AZBIL EUROPE Zaventem €4.2m €2.2m 47.5% 7.9

These companies have the same main activity as VS ELECTRONICS: agents in the wholesale of industrial machinery, ships and aircraft (NACE 46140). They are comparable in size and age: total assets between €3.5m and €9.8m, founded between 1993 and 2004.

Official details

Source: KBO
Status
Active since 10-09-2002Normal situation
Registered office
14 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
Activity
Agents in the wholesale of industrial machinery, ships and aircraftNACE 46140and 4 others
Joint committees
209White-collar workers in metal manufacturing
111Metal, mechanical and electrical engineering · annual accounts 30-06-2025
Establishment unit
2.115.114.3952220 Heist-op-den-Berg, since 13-11-2002
Financial year end
30 June
Peppol
Reachable since 30-01-2025
Company details

Annual accounts to 30-06-2025

€3.4m▲ 77.5%
≈ €14.0mestimated
€1.3m▲ 751%
€3.3m▲ 61.4%
€5.2m▲ 0.7%
Employeeson 30-06-2025
16▼ 15.8%
Filing
Filed on 29-01-2026, 2 days before the end of the filing period
Financials

Insights on VS ELECTRONICS

VS ELECTRONICS files the abbreviated format. That format states no turnover. The gross margin rose from €319,390 in 2007 to €3.4m in 2025.

The balance sheet grew most from 2010 to 2012 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 29-01-2026, 2 days before the deadline
€3.4m
▲ 77.5%
€1.9m
▲ 362%
€2.3m
▲ 191%
€1.7m
▲ 216%
63.1%
▲ 23.7 percentage points
2.72
▲ 0.15

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €14.0m. Estimated: probably between €8.6m and €24.0m.

Money flows

no detail for 2025

Balance sheet

balance sheet total €5.2m on 30-06-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

63.1%

Higher than 69% of 9,901 companies in 2025.

2.72

Higher than 68% of 9,664 companies in 2025.

24.0%

Higher than 92% of 9,779 companies in 2025.

VS ELECTRONICS Middle half of the sector 80% of the sector Abbreviated accounts in wholesale trade (NACE 46)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter

Staff

€64,111

Staff costs divided by the average number of full-time equivalents.

-2 people

people who joined people who left

In 2025, 2 people joined and 4 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 5.2m5.2m4.8m4.6m4.4m4.4m4.6m4.3m4.3m2.7m2.6m2.5m2.0m4.5m2.4m1.9m1.3m1.1m448,458
21/28 1.6m2.2m2.0m1.9m1.8m1.9m1.8m1.9m2.1m1.2m1.2m1.2m576,7943.5m1.4m1.2m646,070606,852108,892
21 052,61978,928105,237131,546157,856184,165212,474240,783-245489---01,1142,6941,000
22/27 1.6m2.1m1.9m1.8m1.7m1.7m1.7m1.7m1.8m1.2m1.2m1.2m576,7943.5m1.4m1.2m644,957604,157107,892
22 747,916761,793770,519781,264797,438813,667830,442845,021861,577870,417884,667840,000261,3331.2m940,800940,800376,477376,477-
23 41,52560,23552,289111,469202,941144,453127,52644,45643,80434,32157,33884,11063,26890,803149,809189,795144,166157,02053,803
24 32,48227,61635,49043,85148,54354,85697,903151,882140,070146,667155,947207,973240,592144,230116,08887,001124,31470,66154,089
25 729,682811,711592,482373,081---------------
26 5,538461,021463,740466,458469,177469,620445,500445,500445,500----------
27 -------------2.0m177,774----
29/58 3.7m3.0m2.8m2.8m2.6m2.5m2.7m2.4m2.2m1.4m1.4m1.4m1.4m1.0m980,152665,334613,190487,318339,565
29 554,732268,455204,48941,00041,00041,000-----13,037-------
290 -----------13,037-------
291 554,732268,455204,48941,00041,00041,000-------------
3 1.1m1.1m952,011964,142954,615905,837959,852948,459914,755570,942521,538420,603385,195266,114225,202193,657162,061149,61956,200
30/36 1.1m1.1m952,011964,142954,615905,837879,032818,036796,540570,942521,538420,603385,195266,114225,202193,657162,061149,61956,200
37 -----080,820130,424118,215----------
40/41 535,694632,256893,977814,180790,971631,909993,186955,383857,101655,360664,011692,453786,530461,036618,810372,421330,158241,686230,539
40 441,956555,228855,373631,210730,979600,117975,161859,788727,378543,320549,377606,923688,471329,806460,716314,937288,757241,686210,838
41 93,73877,02838,604182,97059,99231,79218,02595,595129,722112,040114,63485,53098,060131,230158,09457,48441,400019,701
50/53 1.0m402,000402,000402,000402,000452,000407,000-1,87014,92619,77131,87031,8701,8701,8702,80127,61315,0007,239
54/58 348,960587,746281,667485,997370,993400,775287,830261,978405,647172,957175,207163,290128,679300,542114,38286,77174,85961,24430,920
490/1 131,04866,99567,16355,78862,47069,96678,607190,20236,51726,72036,11934,26441,62216,39319,8889,68418,49919,76914,667
Balance sheet: equity and liabilities
10/49 5.2m5.2m4.8m4.6m4.4m4.4m4.6m4.3m4.3m2.7m2.6m2.5m2.0m4.5m2.4m1.9m1.3m1.1m448,458
10/15 3.3m2.0m1.9m1.8m1.7m1.5m1.4m1.3m1.2m1.2m1.1m1.0m373,269794,531788,092906,525289,688214,927104,180
10/11 18,60018,60018,60018,60018,600018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 -----018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
11 -----18,600-------------
1100/10 -----18,600-------------
12 588,000588,000588,000588,000588,000588,000588,000588,000588,000588,000588,000588,000-564,323564,323564,323---
13 1.9m683,474683,474683,474683,474766,474616,860616,860616,860549,860444,860414,860349,860209,860194,860284,860241,110172,36058,610
130/1 1.0m402,000402,000403,860403,860403,860402,000------------
130 -----01,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 --01,8601,860--------------
1312 1.0m402,000402,000402,000-402,000402,000------------
1319 -----1,860-------------
132 631,500--012,020134,456145,000145,000220,000158,000158,000158,000158,00083,00083,00083,00064,25045,50026,750
133 281,474281,474281,474279,614267,594228,15868,000470,000395,000390,000285,000255,000190,000125,000110,000200,000175,000125,00030,000
14 751,593756,731609,013509,425432,584176,189176,18988,2743,0383,6632,1765,8104,8091,74810,30938,74229,97823,96726,970
16 ----080,00082,12884,46788,41378,94753,23121,65626,460------
160/5 ----080,00082,12884,46788,41378,94753,23121,65626,460------
160 -----02,1284,4678,413----------
162 ----080,00080,00080,00080,000----------
17/49 1.9m3.1m2.9m2.8m2.7m2.7m3.1m2.9m3.0m1.4m1.5m1.5m1.6m3.7m1.6m976,404969,573879,242344,278
17 560,8591.9m1.7m1.9m1.7m1.3m1.4m1.3m1.4m553,192532,003478,917425,884300,735798,61592,711120,371123,93699,329
170/4 534,4591.9m1.6m1.8m1.7m1.3m1.4m1.3m1.4m526,792505,603452,517399,484300,735741,01592,711120,371123,93699,329
178/9 26,40051,30051,30026,40026,40026,40026,40026,40026,40026,40026,40026,40026,400-57,600----
42/48 1.4m1.2m1.2m922,669972,4211.4m1.5m1.5m1.5m851,103947,887970,7881.0m3.4m758,769883,693849,201755,306244,949
42 711,206561,859343,543270,710222,552293,078321,851347,802305,043176,723117,715110,11683,942128,018201,484165,578147,920112,67349,065
43 101,73189,54882,605118,626111,799310,756262,593290,453259,771278,751215,461126,34263,4692.5m87,755550,623502,741464,66430,643
430/8 101,73189,54882,605118,626111,799310,756262,593290,453259,771278,751215,461126,34263,4692.5m87,755550,623502,741464,66430,643
44 423,207347,786423,896297,010446,667293,751507,168653,327835,904309,041439,192603,874595,219696,818294,437134,406114,984109,746115,430
440/4 423,207347,786423,896297,010446,667293,751507,168653,327835,904309,041439,192603,874595,219696,818294,437134,406114,984109,746115,430
46 -016,721---------------0
45 114,681157,906196,414134,213177,694156,649145,195130,02178,65686,589107,142120,208174,63697,42786,73327,86571,27261,57249,253
450/3 2,86921,64967,54930,22167,81949,59935,20236,16769713,34630,02741,13789,11316,15730,5017,85426,02129,47327,858
454/9 111,812136,257128,865103,992109,875107,049109,99393,85377,95973,24277,11679,07185,52381,27056,23220,01145,25132,09921,395
47/48 018,59798,007102,11013,709296,671307,91040,63158,160-68,37710,248118,43019,72988,3595,22312,2856,651558
492/3 15,95549,24054,62663,10061,35169,741159,70259,90432,36916,24134,47928,56089,38213,30019,147----
Income statement
70 ---------------1.5m1.6m1.2m637,475
76A 1.7m------2,019537-1,980-334,858-496--1,578-
9900 3.4m1.9m1.7m1.6m1.5m1.5m1.5m1.5m1.3m1.2m1.1m1.0m748,897867,699788,051697,765790,682633,924319,390
60/61 ---------------796,953761,853527,029318,085
62 961,6651.1m950,645871,340902,216830,170844,441744,895611,457595,441599,885615,873613,871515,396458,430382,240450,204325,724196,738
630 476,298400,474296,085276,378226,451243,096313,696333,868330,100188,138144,390118,369110,127305,198208,440206,639159,376154,70141,288
631/4 69,547-5,8368218,082012,414-6,573850-43,60310,37732,70917,32811,9725,4422,583-263--
635/8 ---0-80,0000-2,339-3,9469,46625,71631,575-4,80426,460------
640/8 35,75266,94242,62734,46833,43831,00059,58238,16365,7777,3387,87620,82821,51213,4417,3692,7031,7728811,118
66A -------5,457-----1,14544,238----
9901 1.9m404,534442,839374,259447,835390,167337,151343,912334,856327,160274,842250,932-35,04528,223111,229106,184179,067152,61880,245
75/76B 35,5908,7115,7066,5752,5877,4195,3706,6083,0496,0967,6274,8561,81050,8673,9504396901,36063
75 35,5908,7115,7066,5752,5877,4195,3706,6083,0496,0967,6274,8561,81050,8673,9504396901,36063
65/66B 191,186193,232162,266155,556180,806184,872198,360196,129162,157155,425160,683152,571120,08858,86755,47338,53344,42213,1026,533
65 191,186193,232162,266155,556180,806184,872198,360196,129162,157155,425160,683152,571120,08858,86755,47338,53344,42213,1026,533
9903 1.7m220,012286,279225,278269,615212,714144,161154,391175,748177,831123,766103,217181,53419,07815,96468,090135,335142,45573,775
67/77 457,08872,29588,78550,53296,22158,45147,23269,15549,37271,34449,40037,21638,47212,63914,39715,57660,57531,70716,652
9904 1.3m147,717197,493174,746173,395154,26396,92885,235126,375106,48774,36666,001143,0626,4391,56752,51474,761110,74757,123
789 --012,02083,000--75,000-----------
689 631,500-------62,000---75,000--18,75018,75018,75018,750
9905 624,862147,717197,493186,766256,395154,26396,928160,23564,375106,48774,36666,00168,0626,4391,56733,76456,01191,99738,373
Appropriation of the result
9906 1.4m756,731706,918619,350432,584330,452185,202163,27468,038108,66380,17670,81069,80916,74840,30963,74279,978118,96756,970
14P 756,731609,013509,425432,584---------------
791/2 --------------90,000----
691/2 630,000-012,0200149,614-75,0005,000105,00030,00065,00065,00015,000-25,00050,00095,00030,000
6921 630,000-012,0200149,614-75,0005,000105,00030,00065,00065,00015,000-25,00050,00095,00030,000
694/7 -097,90597,90504,6499,013-60,000-48,000---120,000----
694 -097,90597,905----60,000-48,000---120,000----
696 ----04,6499,013------------
Social balance sheet
9087 1517.818.317.318.517.717.716131313.613.913.411.810.1910.88.45.8
Hours worked1013 23,80427,33127,23927,17729,78228,58329,91926,22021,37921,32422,51223,46422,77419,80917,08215,92418,62814,62210,103
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 3 older financial years (2004-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 23 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 29-01-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 abbreviated format 29-01-2026 2026-00019218 PDF
30-06-2024 abbreviated format 19-12-2024 2024-00621832 PDF
30-06-2023 abbreviated format 15-12-2023 2023-00530091 PDF
30-06-2022 abbreviated format 22-12-2022 2022-20543152 PDF
30-06-2021 abbreviated format 21-01-2022 2022-01300246 PDF
30-06-2020 abbreviated format 14-12-2020 2020-75300295 PDF
30-06-2019 abbreviated format 19-12-2019 2019-76500227 PDF
30-06-2018 abbreviated format 20-12-2018 2018-74800518 PDF
30-06-2017 abbreviated format 23-01-2018 2018-01900203 PDF
30-06-2016 abbreviated format 15-12-2016 2016-70000040 PDF
30-06-2015 abbreviated format 05-01-2016 2016-00600197 PDF
30-06-2014 abbreviated format 11-12-2014 2014-69300249 PDF
30-06-2013 abbreviated format 31-01-2014 2014-02800123 PDF
30-06-2012 abbreviated format 30-01-2013 2013-02500579 PDF
30-06-2011 abbreviated format 10-01-2012 2012-00800143 PDF
30-06-2010 abbreviated format 25-02-2011 2011-04100585 PDF
30-06-2009 abbreviated format 17-02-2010 2010-04600048 PDF
30-06-2008 abbreviated format 31-01-2009 2009-03300039 PDF
30-06-2007 abbreviated format 29-02-2008 2008-05600161 PDF
30-06-2006 abbreviated format 31-01-2007 2007-03400589 PDF
30-06-2005 abbreviated format 13-01-2006 2006-01203223 PDF
30-06-2004 abbreviated format 26-01-2005 2005-03000954 PDF

Subsidies and aid

Flemish government 2022 to 2025, 3 entries, €1,207 awarded, €1,383 paid

Year Entries AwardedPaid
2025 1 €813€734
2023 1 €0€255
2022 1 €394€394

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
2.3m805,008738,923650,637674,286633,263650,847677,780664,956515,297419,232369,30175,082333,420319,669312,823338,443307,319121,533
1.7m548,192493,578451,125399,846397,360410,624419,103456,475294,625218,756184,370253,189311,636210,007259,153234,137265,44898,411
370,512582,022423,327349,673216,470698,930256,211214,2991.2m202,250195,060125,248694,5482.4m438,550213,841198,595652,660118,966
-238,786306,079-204,330115,004-29,781112,94425,853-143,669232,690-2,25011,91634,612-171,863186,16027,61111,91313,61430,324-
2.3m1.8m1.6m1.8m1.6m1.2m1.2m893,788678,355589,801468,759384,730338,201-2.3m221,383-218,359-236,011-267,98994,616
---------------7.1%11.5%13.1%12.6%
63.1%39.4%39.6%38.7%38.8%35.5%30.6%30.7%28.6%43.6%40.2%40.6%19.1%17.6%33.3%48.1%23.0%19.6%23.2%
2.722.572.412.992.701.851.771.611.441.691.491.401.330.311.290.750.720.651.39
1.931.661.591.951.711.181.140.960.851.020.940.960.950.230.990.530.530.451.16
0.581.541.521.581.571.772.202.192.421.221.441.444.164.672.001.083.354.093.30
38.0%7.2%10.4%9.7%10.1%10.0%6.9%6.5%10.3%9.2%7.1%6.4%38.3%0.8%0.2%5.8%25.8%51.5%54.8%
24.0%2.8%4.1%3.8%3.9%3.5%2.1%2.0%3.0%4.0%2.8%2.6%7.3%0.1%0.1%2.8%5.9%10.1%12.7%
12.274.174.554.18---------------
---------------77 days68 days76 days121 days
---------------62 days55 days76 days132 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item30-06-202530-06-202430-06-202330-06-2022
Employees at the balance-sheet date16191918
full-time8151513
part-time8445
in full-time equivalents14.118.418.416.8
1517.818.317.3
On a permanent contract16191918
Joined2996
Left4887

Source: social balance sheet in the 2022 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item30-06-202530-06-202430-06-202330-06-2022
Mortgages, amount registered€277,000€277,000€277,000€277,000
Carrying value of the mortgaged assets€159,916€173,793€182,519€193,264
€75,000€75,000€75,000€75,000

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets€370,512€582,022€423,327€349,673
€476,298€400,474€296,085€276,378

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on VS ELECTRONICS

The operating result for 2025 is 4.6 times that of 2024 and the highest since 2007. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 60.6% to 36.9%. Equity is higher and debt is lower.

Large changes and their cause
  • 2025 Net result +751% on 2024. The 2025 profit included a one-off income of €1,725,498.

Board & ownership

Board

1 director, last change in 2022
Director
since 05-09-2002 term without a fixed end
listed in the 2025 annual accounts, filed on 29-01-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Scheirs Jan
Director
Board
Mandates as a list
  • Scheirs Jan
    • Director, from 05-09-2002 to date

See the board, name and registered office on a given date →

Control

Shareholder
Equity €789,012
Profit €317,913 in 2026 (profit €4,550 in 2025)
Checked score 92
38%
This company
VS ELECTRONICS
Equity €3.3m
Profit €1.3m in 2025

Capital

Contribution
€18,600
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
Owners as a list

Source: lists of holdings in the owners' accounts

Network & group

No group

VS ELECTRONICS has no parent and no holdings in its annual accounts. Scheirs Jan is the only director.

At the same address

Liersesteenweg 173, 2220 Heist-op-den-Berg · 13 other companies
INNOMEDIQ
registered office since 02-10-2008 · founded in 2008
26 FTE (2025)
0806.491.751
E.S.A.B.
establishment since 01-05-1932 · founded in 1932
11 FTE (2025)
0400.630.685
Five Stars Invest
registered office since 16-07-2015 · founded in 2015
total assets €8.7m (2025)
0633.912.420
SPORTKRING HEIST
registered office since 28-03-2013 · founded in 2013
total assets €1.6m (2025)
0525.768.110
DINTOOLS
registered office since 06-12-2010 · founded in 2010
0.6 FTE (2025)
0829.336.538
Koninklijke Sportkring Heist
registered office since 18-01-2003 · founded in 1957 · negative equity (2025)
7.1 FTE (2025)
0407.214.215
SCHEIRS REPAIR
registered office since 24-07-2001 · founded in 2001
total assets €850,903 (2026)
0475.139.058
DIN CONSULTING
registered office since 16-08-1999 · founded in 1999
total assets €329,230 (2025)
0466.697.682
VSE Rent
registered office since 25-04-2025
founded in 2025
1022.724.151
STERA
registered office since 15-05-2020
founded in 2020
0747.696.586
and 3 more

Connections & network

1 current director
Depth

The network starts from the directors of VS ELECTRONICS. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

33 events since 2002

Deadline for the 2026 accounts: 31-01-2027

2026
Annual accounts 2025 filed PDFabbreviated format · 2 days before the deadline
2025
Highest result from 2007 to 2025 net €1.3m ▲751% The operating result of €1.9m and the net result of €1.3m are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0478294528
2024
Annual accounts 2024 filed PDFabbreviated format · 43 days before the deadline
Equity above €2m equity €2.0m ▲7.8% Equity rises from €1.9m to €2.0m.
2023
Annual accounts 2023 filed PDFabbreviated format · 47 days before the deadline
2022
Annual accounts 2022 filed PDFabbreviated format · 40 days before the deadline
1 director resigning, 1 reappointmentResignation: Scheirs Jan · Reappointment: Scheirs Jan · Permanent representative: Scheirs Jan6 points ▸
  • Purpose change, “Het ontwikkelen,vervaardigen,herstellen en onderhouden van industriële machines en installaties; De groot- en kleinhandel in lasapparatuur en andere toestellen…” (deed in Dutch)
  • Director resignation, Scheirs Jan
  • Director discharge, Scheirs Jan
  • Director reappointment, Scheirs Jan
  • Permanent representative, Scheirs Jan
  • Registered office clause, Liersesteenweg 173 K, 2220 Heist-op-den-Berg
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFabbreviated format · 10 days before the deadline
2020
Annual accounts 2020 filed PDFabbreviated format · 48 days before the deadline
2019
Annual accounts 2019 filed PDFabbreviated format · 43 days before the deadline
2018
Annual accounts 2018 filed PDFabbreviated format · 42 days before the deadline
Annual accounts 2017 filed PDFabbreviated format · 8 days before the deadline
2016
Annual accounts 2016 filed PDFabbreviated format · 47 days before the deadline
Annual accounts 2015 filed PDFabbreviated format · 26 days before the deadline
2014
Annual accounts 2014 filed PDFabbreviated format · 51 days before the deadline
Equity above €1m equity €1.0m ▲175% Equity rises from €373,269 to €1.0m.
Annual accounts 2013 filed PDFabbreviated format · on the deadline day
2013
Liquidity more than quadruples current ratio 1.33 The current ratio rises from 0.31 to 1.33. Short-term debt falls from €3.4m to €1.0m.
Annual accounts 2012 filed PDFabbreviated format · 1 day before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 21 days before the deadline
2011
Weakest financial year net €1,567 ▼97% The net result drops to €1,567, the lowest from 2007 to 2025. It recovers the following year.
Annual accounts 2010 filed PDFabbreviated format · 25 days late
2010
Equity above €500,000 equity €906,525 ▲213% With a profit in every financial year since 2007, equity grows to €906,525.
Annual accounts 2009 filed PDFabbreviated format · 17 days late
2009
Annual accounts 2008 filed PDFabbreviated format · on the deadline day
2008
Equity above €200,000 equity €214,927 ▲106% With a profit in every financial year since 2007, equity grows to €214,927.
Annual accounts 2007 filed PDFabbreviated format · 29 days late
2007
Annual accounts 2006 filed PDFabbreviated format · on the deadline day
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2002
First establishment Liersesteenweg 173 K, Heist-op-den-Berg
Incorporation PDFpublished on 17-09-2002

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

VS ELECTRONICS was incorporated on 10 September 2002.1 Total assets rose from €4.6m in 2019 to €5.2m in 2025 and headcount from 17.7 to 15 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0478.294.528
VAT number
BE 0478.294.528
Peppol ID
0208:0478294528
Other Peppol ID
9925:BE0478294528
LEI code
967600ZUS42YYWWA1U84 no longer live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
10-09-2002
Financial year
ends on 30 June
Peppol
Reachable since 30-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
VS ELECTRONICS in Dutch
Abbreviation
VSE in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 30-06-2025
JC 209 White-collar workers in metal manufacturing
JC 111 Metal, mechanical and electrical engineering
Codes under NACEBEL 2008
VAT activities
46140 Wholesale trade main activity
28299 Manufacture of machinery and equipment not elsewhere classified
28410 Manufacture of machinery and equipment not elsewhere classified
68203 Real estate rental
Social security (RSZ) activities
95290 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles main activity
Codes under NACEBEL 2003
VAT activities
51140 main activity
Social security (RSZ) activities
52740 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Liersesteenweg 173 registered office 2220 Heist-op-den-Berg
Liersesteenweg 173 K 2220 Heist-op-den-Berg 27110 Manufacture of electrical equipment 13-11-2002 2.115.114.395

Buildings and parcels at the address

Ground area
3,102 m²
Buildings
1,273 m²
Volume, LiDAR
3,680 m³
Tallest building
8.8 m
Buildings to scale, each on its own parcel
1,273 m², 8.8 m 1,273 m², 8.8 m

Location

registered office establishment The establishment unit on the map
14 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
12014K0835/00R0023,102 m² 1 · 1,273 m² 8.8 m · 1

Contact

E-mail info@vse-technologies.com