Financials
- Fiscal year
- 2024
- Turnover
- €22,840
- Profit
- €1,087
- Solvency
- 18.5%
VT ANDREA
ActiveSummary
The computed 12-month bankruptcy probability of VT ANDREA is 5.3% (elevated). The 2024 annual accounts show equity of €3,587 and a net result of €1,087. Its solvency ranks better than 20% of 1337 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Construction of utility projects for electricity and telecommunications
NACE 42220
1 site
Size
€22,840turnover 2024
- Equity
- €3,587
- Profit
- €1,087
Structure
Accounts filed 119 d late0 of 2 deeds read
Why 37- 1 financial year not filed after the legal deadline; latest accounts 119 days late; 1 of the last 3 late- Figures for FY 2024 (filed 27-11-2025)- Founded in 2024+ Liquidity: current ratio 1.23, cash €9,115Show the evidence
Checked score
Score 2024
37
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 35% of its sector peers (NACE 42, micro)
Performance against the sector, not lower risk
Financial strength
Average
Solvency
44
equity 18.5% of total assets
Liquidity
55
short-term debt 81.5% · cash 47.0%
Profitability
52
return on assets 5.6%
Bankruptcy probability, 12 months
5.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 1.8%lowest value
12-2025: 2.4%▲ +34.5% vs 11-2025
01-2026: 2.4%▲ +2.0% vs 12-2025
02-2026: 2.5%▲ +3.1% vs 01-2026
03-2026: 2.6%▲ +4.0% vs 02-2026
04-2026: 2.7%▲ +4.5% vs 03-2026
05-2026: 2.9%▲ +5.9% vs 04-2026
06-2026: 2.7%▼ -4.3% vs 05-2026
07-2026: 2.6%▼ -3.5% vs 06-2026
08-2026: 3.1%▲ +16.5% vs 07-2026
09-2026: 3.6%▲ +17.5% vs 08-2026
10-2026: 5.3%▲ +45.1% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 119 days late; 1 of the last 3 late raises the probability
- Figures for FY 2024 (filed 27-11-2025) raises the probability
- Founded in 2024 raises the probability for this profile
- Liquidity: current ratio 1.23, cash €9,115 lowers the probability
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.23; short-term debt: 81.5% and cash: 47% of total assets), and 81.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 42, micro). Better than this share of them on solvency 21%, liquidity 57%, profitability 27%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1337 sector peers (2024).
NBB · sector comparisonPosition among 1337 sector peers
Solvency
better than 20%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-11-2025, 119 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2024
119 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 119 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2025
- 27-11-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Construction of utility projects for electricity and telecommunicationsNACE 42220
- Founded
- 15-10-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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