Turnover
≈ €120,000 estimated
The micro format states no turnover.
VSLA
Lifetime
5 annual accounts with figures on one time axispeak €41,694 (2023)
€14,174▲ €32,553
lowest -€32,864 (2024)
€9,949▲ €42,813
peak €91,422 (2023)
€68,507▲ 17.0%
€30,275▲ 69.0%
Board1 name since 2020
1 directorLAGAISSE Alan Aimé Boudewijn
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Gross margin from -€18,379 to €14,174Back to profit: €9,949Equity from €58,558 to €68,507Debts from €17,918 to €30,275Cash from €3,689 to €5,203
Key points
from the 2025 annual accountsFilings
5 annual accounts since 2021
The last five annual accounts were filed 0 to 23 days before the end of the period.
Starting capital
€12,500 100 shares
Checked score
68
Healthy
Financially stronger than 59% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.6%▼ -0.2 percentage points vs 12-2024lowest value
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 1.5%▲ +0.9 percentage points vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 1.5%● unchanged vs 06-2025
08-2025: 1.5%● unchanged vs 07-2025
09-2025: 1.5%● unchanged vs 08-2025
10-2025: 1.4%▼ -0.1 percentage points vs 09-2025
11-2025: 1.5%▲ +0.1 percentage points vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.6%▲ +0.1 percentage points vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.8%▲ +0.2 percentage points vs 03-2026highest value
05-2026: 1.0%▼ -0.8 percentage points vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 1.0%● unchanged vs 07-2026
09-2026: 0.9%▼ -0.1 percentage points vs 08-2026
10-2026: 0.8%▼ -0.1 percentage points vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €98,782
Founded in 2020
Sector: Specialised construction activities (NACE 43)
lowers risk
Figures for financial year 2025 (filed on 30-04-2026)
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 43, micro). It does better than 75% of them on solvency, 34% on liquidity, 62% on profitability and 64% 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 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 26,972 companies had the same profile as VSLA has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VSLA itself: 0.8% 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.
| 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 26,972 companies, not a prediction for VSLA. 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 €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.22 (4.16 in 2024), above the usual 1.5. Short-term debt is 30.6% and cash 5.3% of total assets. 30.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
2 days early
2023
7 days early
2022
23 days early
2021
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 8 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 24 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0748694597
Registered office moved within Deinze
New registered office: Mortierstraat 12, 9850 Deinze · Previous registered office: Marie Comparéstraat 11/A, 9850 Deinze · Board meeting of 27-09-2022 · Gazette deed
Incorporation
Founding capital of €12,500, 100 shares · Founder: LAGAISSE Alan Aimé Boudewijn · Appointment: LAGAISSE Alan Aimé Boudewijn (director) · published on 22-06-2020 · Gazette deed
First establishment
Mortierstraat 12, Deinze
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VSLA Deinze | €98,782 | €14,174 | 69.4% | - |
| ELC-Technics Gavere | €94,578 | €13,342 | 94.0% | - |
| VAN NUFFELEN AEW Sint-Gillis-Waas | €102,563 | €13,214 | 49.6% | - |
| NOBIUM Nazareth-De Pinte | €94,991 | €14,129 | -17.0% | - |
| EAP-Elektro Stabroek | €97,416 | €12,364 | 34.3% | - |
| DE WINTER ELECTRO Herentals | €108,656 | €13,454 | 43.5% | - |
| ID BATIMENT Dilbeek | €112,973 | €14,675 | 24.8% | - |
These companies have the same main activity as VSLA: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €94,600 and €113,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 18-06-2020Normal situation
- Activity
- General electrical installation workNACE 43211and 1 other
- Establishment unit
- 2.304.006.3569850 Deinze, since 18-06-2020
- Financial year end
- 30 September
- Peppol
- Reachable since 19-06-2024
Annual accounts to 30-09-2025
- €98,782▲ 29.2%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on VSLA
VSLA files the micro format. That format states no turnover. The gross margin fell from €23,527 in 2021 to €14,174 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VSLA
- What is the company number of VSLA?
- The company number of VSLA is 0748.694.597. The VAT number is the same number with BE in front: BE 0748.694.597.
- Where is VSLA based?
- The registered office is at Mortierstraat 12, 9850 Deinze.Company details
- What does VSLA do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of VSLA?
- VSLA is a private limited company (BV).
- When was VSLA founded?
- VSLA was founded on 18-06-2020.
- Is VSLA still active?
- Yes, VSLA is an active enterprise in the KBO register.
- What is the turnover of VSLA?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €14,174 and 97 comparable companies (NACE 43211). It probably lies between €77,000 and €250,000. It is a rough estimate.Financials
- Is VSLA profitable?
- In financial year 2025, VSLA made a profit of €9,949.
- Where can I find the annual accounts of VSLA?
- VSLA filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VSLA due?
- VSLA must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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