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VVR ELEKTRO

Active
Private limited companyfounded 2014active for 12 yearsVliegveld 41, 8560 Wevelgem, BelgiumKBO/BCE: BE 0547.905.884
Summary

VVR ELEKTRO has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €313,118 and a net result of -€89,606. Equity has been growing by about 20% per year since 2019. Its solvency ranks better than 53% of 360 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

Source: KBO
Status
Active since 13-03-2014 Normal situation
Activity
General electrical installation work NACE 43211
Joint committees
201 Paritair Comité voor de zelfstandige kleinhandel
149 Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn · annual accounts 31-03-2026
Establishment unit
2.232.139.848 8560 Wevelgem, since 01-04-2014
Financial year end
31 March
Peppol
Reachable since 19-02-2025

Board and ownership

Board
Shareholders

Financial position

80 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts to 31-03-2026
Gross margin
€226,582
▼ 70.0%
Turnover
≈ €640,000
estimated
Loss
€89,606
Equity
€313,118
▼ 22.3%
Total assets
€585,704
▼ 35.9%
Employees on 31-03-2026
4
▼ 20.0%
Score breakdownraises riskLoss of €89,606 (financial year 2026)Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.93, cash €145,827, halvedEquity €313,118 (53.5% of total assets)Show the evidence

Checked score

Score 2026
80 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 34% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2025
Weak
Solvency 78+9
equity 53.5% of total assets
Liquidity 58-13
short-term debt 46.5% · cash 24.9%
Profitability 0-100
return on assets -15.3%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged 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: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.4 percentage points vs 09-2026highest value 11-2026: 0.5%● unchanged vs 10-2026highest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.93 (1.67 in 2025), above the usual 1.5. Short-term debt is 46.5% and cash 24.9% of total assets. 46.5% of the assets are financed with debt and provisions.
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 58% of them on solvency, 55% on liquidity, 4% on profitability and 17% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €89,606 (financial year 2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.93, cash €145,827, halved
NBB · annual accounts
lowers risk · Equity €313,118 (53.5% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 22-10-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
9 days early
2025
127 days early
2024
24 days early
2023
8 days early
2022
25 days early
2021
4 days early
2020
36 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 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 next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 7 October (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
04-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2026after a profit of €410,064 in 2025 -€89,606 View
  • Caution: Lower net result than 95% of companies in specialised constructionsector median €32,334 · 360 companies -€89,606 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Resignation: NV Valcke Algemene Elektriciteit (director)Permanent representatives: Rik Valcke and Robbie Vandenbroucke
  2. · Gazette deed 2 directors appointed, 2 directors resigningChanges of role: VALCKE ALGEMENE ELECTRICITEIT (director) and ELECTRO VANDENBROUCKE (director) · Permanent representatives: VALCKE Rik Jozef Medard and VANDENBROUCKE Robbie Arthur
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as VVR ELEKTRO: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €506,000 and €721,000, founded between 2011 and 2018.

CompanyTotal assetsGross margin
VVR ELEKTRO Wevelgem€585,704€226,582
Lanneau-Mollet Kris Anzegem€721,148€273,566
HAP ELEKTRO Torhout€709,064€329,849
anylink Waregem€512,221€257,944
Electro J&P Coppens Knokke-Heist€647,375€380,822
nSolar Damme€506,426€229,412
DELECSOL Wingene€532,609€277,159
Full comparison

Key facts about VVR ELEKTRO

What is the company number of VVR ELEKTRO?
The company number of VVR ELEKTRO is 0547.905.884. The VAT number is the same number with BE in front: BE 0547.905.884.
Where is VVR ELEKTRO based?
The registered office is at Vliegveld 41, 8560 Wevelgem.Company details
What does VVR ELEKTRO do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of VVR ELEKTRO?
The legal form of VVR ELEKTRO is Private limited company (BV).
When was VVR ELEKTRO founded?
VVR ELEKTRO was founded on 13-03-2014.
Is VVR ELEKTRO still active?
Yes, VVR ELEKTRO is an active enterprise in the KBO register.
How many employees does VVR ELEKTRO have?
VVR ELEKTRO had an average of 4.3 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does VVR ELEKTRO fall under?
In its 31-03-2026 annual accounts, VVR ELEKTRO states joint committees 201 (Paritair Comité voor de zelfstandige kleinhandel) and 149 (Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn).
What is the turnover of VVR ELEKTRO?
The turnover in financial year 2026 is ≈ €640,000. This figure is estimated from the gross margin of €226,582 and 56 comparable companies (NACE 43211). It probably lies between €480,000 and €800,000.
Is VVR ELEKTRO profitable?
In financial year 2026, VVR ELEKTRO made a loss of €89,606.
Where can I find the annual accounts of VVR ELEKTRO?
VVR ELEKTRO filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of VVR ELEKTRO due?
VVR ELEKTRO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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